Company: ADP
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000008670-25-000015
Chunk: 96

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 8
Chunk 96
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.9)$(55.9)$(231.5)$(159.3)Realized losses on available-for-sale securities, net0.1 1.2 0.8 5.2 Gain on sale of assets— (1.2)(2.4)(17.1)Non-service components of pension income, net (see Note 12)(7.9)(8.4)(23.4)(25.6)Other income, net$(63.7)$(64.3)$(256.5)$(196.8)

11

Note 7. Corporate Investments and Funds Held for Clients

Corporate investments and funds held for clients at March 31, 2025 and June 30, 2024 were as follows: March 31, 2025AmortizedCostGrossUnrealized GainsGrossUnrealizedLosses Fair Market Value (A)Type of issue:   Money market securities, cash and other cash equivalents$8,199.2 $— $— $8,199.2 Available-for-sale securities:Corporate bonds17,602.6 56.3 (536.7)17,122.2 U.S. Treasury securities8,494.6 56.1 (62.5)8,488.2 Canadian government obligations and Canadian government agency obligations2,167.1 21.1 (37.0)2,151.2 U.S. government agency securities1,588.4 2.0 (91.8)1,498.6 Asset-backed securities1,788.1 15.2 (21.1)1,782.2 Canadian provincial bonds1,131.8 14.6 (31.6)1,114.8 Commercial mortgage-backed securities467.2 0.4 (22.0)445.6 Other securities1,304.8 2.5 (53.5)1,253.8 Total available-for-sale securities34,544.6 168.2 (856.2)33,856.6 Total corporate investments and funds held for clients$42,743.8 $168.2 $(856.2)$42,055.8 (A) Included within available-for-sale securities are funds held for clients with fair values of $33,856.6 million.