Company: ADP
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000008670-25-000015
Chunk: 51

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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Issuances relating to stock compensation plans— 81.3 — 64.7 — 146.0 Treasury stock acquired (3.3 million shares repurchased)— — — (900.8)— (900.8)Dividends declared ($4.05 per share)— — (1,674.6)— — (1,674.6)Balance at March 31, 2024$63.9 $2,354.0 $23,366.1 $(19,305.4)$(1,851.9)$4,626.7 

21

Note 16. Reclassifications out of Accumulated Other Comprehensive Income/(Loss) (“AOCI”)

Changes in AOCI by component are as follows:Three Months EndedMarch 31, 2025Currency Translation AdjustmentNet Gains/Losses on Available-for-sale SecuritiesCash Flow Hedging ActivitiesPension LiabilityAccumulated Other Comprehensive (Loss)/IncomeBalance at December 31, 2024$(430.6)$(840.4)$(27.5)$(230.2)$(1,528.7)Other comprehensive income/(loss) before reclassification adjustments45.3 386.2 (4.7)— 426.8 Tax effect— (87.5)1.2 — (86.3)Reclassification adjustments to net earnings— 0.1 (A)1.4 (C)1.2 (B)2.7 Tax effect— — (0.3)(0.2)(0.5)Balance at March 31, 2025$(385.3)$(541.6)$(29.9)$(229.2)$(1,186.0)Three Months EndedMarch 31, 2024Currency Translation AdjustmentNet Gains/Losses on Available-for-sale SecuritiesCash Flow Hedging ActivitiesPension LiabilityAccumulated Other Comprehensive (Loss)/IncomeBalance at December 31, 2023$(331.5)$(1,157.5)$(21.6)$(234.6)$(1,745.2)Other comprehensive income/(loss) before reclassification adjustments(37.4)(91.0)— — (128.4)Tax effect— 19.1 — — 19.1 Reclassification adjustments to net earnings— 1.2