ADP 2013 Annual Report Download - page 56

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There were no assets or liabilities of discontinued operations as of June 30, 2013 . The following are the major classes of assets and liabilities
related to the discontinued operations as of June 30, 2012 :
NOTE 5. CORPORATE INVESTMENTS AND FUNDS HELD FOR CLIENTS
Corporate investments and funds held for clients at June 30, 2013 and 2012 were as follows:
(A) Included within available-for-sale securities are corporate investments with fair values of $342.0 million and funds held for clients with fair
values of $18,496.7 million . At June 30, 2013, Level 1 securities included $9.5 million of corporate investments classified within "Other
securities," all remaining available-for-sale securities were included in Level 2.
48
June 30,
2012
Assets:
Accounts receivable, net
$
7.6
Goodwill
93.3
Intangible assets, net
22.9
Other assets
1.2
Total assets
$
125.0
Liabilities:
Accounts payable
$
0.4
Accrued expenses and other current liabilities
0.1
Accrued payroll and payroll related expenses
2.3
Deferred revenues
22.7
Deferred income taxes
3.5
Total liabilities
$
29.0
June 30, 2013
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value (A)
Type of issue:
Money market securities and other cash equivalents
$
5,431.2
$
—
$
—
$
5,431.2
Available-for-sale securities:
Corporate bonds
7,868.3
166.2
(56.7
)
7,977.8
U.S. Treasury and direct obligations of
U.S. government agencies
5,983.7
152.6
(37.4
)
6,098.9
Asset-backed securities
1,374.1
5.3
(19.7
)
1,359.7
Canadian government obligations and
Canadian government agency obligations
998.2
10.7
(4.5
)
1,004.4
Canadian provincial bonds
695.7
20.7
(5.6
)
710.8
Municipal bonds
536.9
16.7
(4.4
)
549.2
Other securities
1,094.4
46.3
(2.8
)
1,137.9
Total available-for-sale securities
18,551.3
418.5
(131.1
)
18,838.7
Total corporate investments and funds held for clients
$
23,982.5
$
418.5
$
(131.1
)
$
24,269.9