Company: ADP
Filing Date: 2025-08-06
Form Type: 10-K
Source: 0000008670-25-000037
Chunk: 137

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-08-06
Form: 10-K
Item: Item 8
Chunk 137
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 comprehensive (loss)/income before reclassification adjustments(38.0)685.2 — 5.6 652.8 Tax effect— (162.2)— (1.1)(163.3)Reclassification adjustments to net earnings— 5.9 (A)4.4 (C)0.1 (B)10.4 Tax effect— (1.3)(1.1)— (2.4)Balance at June 30, 2024$(378.8)$(1,178.0)$(20.0)$(231.5)$(1,808.3)Other comprehensive income/(loss) before reclassification adjustments89.0 1,088.4 (15.6)8.5 1,170.3 Tax effect— (250.7)3.8 (2.1)(249.0)Reclassification adjustments to net earnings— 1.7 (A)5.4 (C)(2.4)(B)4.7 Tax effect— (0.3)(1.3)0.5 (1.1)Balance at June 30, 2025$(289.8)$(338.9)$(27.7)$(227.0)$(883.4)(A) Reclassification adjustments out of AOCI are included within Other (income)/expense, net, on the Statements of Consolidated Earnings.(B) Reclassification adjustments out of AOCI are included in Net pension (income)/expense (see Note 11).(C) Reclassification adjustments out of AOCI are included in Interest expense on the Statements of Consolidated Earnings (see Note 10).

NOTE 15. FINANCIAL DATA BY SEGMENT AND GEOGRAPHIC AREA

Based upon similar economic and operational characteristics, the Company’s strategic business units have been aggregated into the following two reportable segments: Employer Services and PEO Services. Certain revenues and expenses are charged to the reportable segments at a standard rate for management reasons. Other costs are recorded based on management responsibility.The Company's Chief Operating Decision Maker ("CODM") is the Chief Executive Officer. For each reportable segment, the CODM uses earnings before income taxes, including plan-to-actual and forecast-to-actual results, to assess segment performance and allocate resources (including personnel and capital resources) amongst its strategic business units. The CODM does not review assets at the report