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Segment Reporting (Tables) | 12 Months Ended
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May 31, 2025
Segment Reporting [Abstract] |
Schedule of Total Revenue, Net Income and Significant Expenses Used by the CODM | Total revenue, net income, and significant expenses used by the CODM for the purpose of allocating resources and evaluating the Company's financial performance were as follows:
|  | Year ended May 31, |
In millions |  | 2025 |  |  | 2024 |  |  | 2023 |
Total revenue |  | $ |  | 5,571.7 |  |  | $ |  | 5,278.3 |  |  | $ |  | 5,007.1 |
Core business operations: |  |  |  |  |  |  |  |  |  |  |  |
Compensation-related expenses |  |  |  | 1,853.0 |  |  |  |  | 1,810.4 |  |  |  |  | 1,782.6 |
PEO direct insurance costs |  |  |  | 520.1 |  |  |  |  | 471.3 |  |  |  |  | 416.8 |
Depreciation and amortization |  |  |  | 168.8 |  |  |  |  | 176.5 |  |  |  |  | 176.6 |
Other segment items(1) |  |  |  | 659.8 |  |  |  |  | 606.5 |  |  |  |  | 598.0 |
Non-core business operations: |  |  |  |  |  |  |  |  |  |  |  |
Acquisition-related costs(2) |  |  |  | 162.3 |  |  |  |  | — |  |  |  |  | — |
Cost optimization initiatives(3) |  |  |  | — |  |  |  |  | 39.5 |  |  |  |  | — |
Total expenses |  |  |  | 3,364.0 |  |  |  |  | 3,104.2 |  |  |  |  | 2,974.0 |
Interest expense, excluding Paycor acquisition-related costs |  |  |  | (71.4 | ) |  |  |  | (37.3 | ) |  |  |  | (36.7 | )
Acquisition-related costs(2) |  |  |  | (34.0 | ) |  |  |  | — |  |  |  |  | — |
Other income, net |  |  |  | 73.6 |  |  |  |  | 81.2 |  |  |  |  | 51.8 |
Income before income taxes |  |  |  | 2,175.9 |  |  |  |  | 2,218.0 |  |  |  |  | 2,048.2 |
Income tax expense |  |  |  | 518.6 |  |  |  |  | 527.6 |  |  |  |  | 490.9 |
Net income |  | $ |  | 1,657.3 |  |  | $ |  | 1,690.4 |  |  | $ |  | 1,557.3 |
(1) Other segment items include professional service expense, marketing and advertising expenses, and other overhead expense. (2) Acquisition-related costs included in total expenses include the amortization of intangibles acquired in the acquisition of Paycor, compensation costs related to the acquisition and integration of Paycor, including replacement awards, severance, and retention and transaction bonuses, and other acquisition-related costs, primarily reflecting third-party professional service fees. Acquisition-related costs included in interest expense include the amortization of financing fees related to debt instruments associated with the financing of the Paycor acquisition and the excluded components of the initial fair value of the interest rate swaption contracts. (3) Cost optimization initiatives include further reductions to our geographic footprint, reprioritization of certain technology investments, and headcount optimization.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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