Company: ADP
Filing Date: 2025-01-30
Form Type: 10-Q
Source: 0000008670-25-000007
Chunk: 35

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-01-30
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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 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 (1,140.6)33,019.9 Total corporate investments and funds held for clients$50,698.6 $66.1 $(1,140.6)$49,624.1 (A) Included within available-for-sale securities are funds held for clients with fair value of $33,019.9 million. There are no corporate investments included within available-for-sale securities at December 31, 2024. All available-for-sale securities were included in Level 2 of the fair value hierarchy.  June 30, 2024Amortized CostGrossUnrealizedGainsGrossUnrealizedLossesFair Market Value (B)Type of issue:    Money market securities, cash and other cash equivalents$10,086.0 $— $— $10,086.0 Available-for-sale securities: Corporate bonds16,833.3 11.5 (944.8)15,900.0 U.S. Treasury