Company: ADP
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000008670-25-000015
Chunk: 38

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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3,784.8 Canadian government obligations and Canadian government agency obligations(0.1)19.9 (36.9)1,115.6 (37.0)1,135.5 U.S. government agency securities(0.1)22.9 (91.7)1,304.1 (91.8)1,327.0 Asset-backed securities(1.3)230.8 (19.8)530.9 (21.1)761.7 Canadian provincial bonds(1.4)68.6 (30.2)599.1 (31.6)667.7 Commercial mortgage-backed securities(0.1)4.0 (21.9)419.5 (22.0)423.5 Other securities(3.2)314.6 (50.3)733.5 (53.5)1,048.1  $(29.1)$3,389.3 $(827.1)$18,503.8 $(856.2)$21,893.1 The unrealized losses and fair values of available-for-sale securities that have been in an unrealized loss position for a period of less than and greater than 12 months as of June 30, 2024, are as follows:June 30, 2024Securities in Unrealized Loss Position Less Than 12 MonthsSecurities in Unrealized Loss Position Greater Than 12 MonthsTotalGrossUnrealizedLossesFair MarketValueGrossUnrealizedLossesFair MarketValue GrossUnrealizedLossesFairMarket ValueCorporate bonds$(25.8)$2,173.6 $(919.0)$12,413.4 $(944.8)$14,587.0 U.S. Treasury securities(23.1)2,186.2 (141.4)4,076.9 (164.5)6,263.1 Canadian government obligations and Canadian government agency obligations(0.9)304.6 (85.7)1,591.6 (86.6)1,896.2 U.S. government agency securities(0.7)51.5 (139.9)1,428.2 (140.6)1,479.7 Asset-backed securities(2.3)351.4 (40.7)