Company: ADP
Filing Date: 2025-01-30
Form Type: 10-Q
Source: 0000008670-25-000007
Chunk: 91

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-01-30
Form: 10-Q
Item: Part I, Item 8
Chunk 91
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 2023, there were no stock options excluded from the calculation of diluted earnings per share due to anti-dilution.

Note 6. Other (Income)/Expense, NetThree Months EndedSix Months EndedDecember 31,December 31,2024202320242023Interest income on corporate funds$(83.9)$(56.9)$(175.5)$(103.4)Realized losses on available-for-sale securities, net0.6 2.0 0.8 4.0 Gain on sale of assets— (1.4)(2.4)(16.0)Non-service components of pension income, net (see Note 12)(7.8)(8.5)(15.7)(17.1)Other (income)/expense, net$(91.1)$(64.8)$(192.8)$(132.5)

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Note 7. Corporate Investments and Funds Held for Clients

Corporate investments and funds held for clients at December 31, 2024 and June 30, 2024 were as follows: December 31, 2024AmortizedCostGrossUnrealized GainsGrossUnrealizedLosses Fair Market Value (A)Type of issue:   Money market securities, cash and other cash equivalents$16,604.2 $— $— $16,604.2 Available-for-sale securities:Corporate bonds17,699.9 17.1 (708.7)17,008.3 U.S. Treasury securities8,167.5 17.7 (99.0)8,086.2 Canadian government obligations and Canadian government agency obligations2,183.3 12.3 (51.7)2,143.9 U.S. government agency securities1,602.7 0.2 (118.1)1,484.8 Asset-backed securities1,600.5 8.3 (28.3)1,580.5 Canadian provincial bonds1,108.5 8.4 (42.6)1,074.3 Commercial mortgage-backed securities481.4 — (28.4)453.0 Other securities1,250.6 2.1 (63.8)1,188.9 Total available-for-sale securities34,094.4 66.1 (1,