Statement of Financial Position, Assets
Quarterly Data

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The statement of financial position provides creditors, investors, and analysts with information on company's resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company's assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Automatic Data Processing Inc., Consolidated Statement of Financial Position, Assets (quarterly data)

USD $ in thousands

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Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011 Sep 30, 2011
Cash and cash equivalents 2,293,600  1,773,400  2,363,600  2,780,400  2,995,500  2,705,200  2,776,600  3,191,100  2,941,400  2,794,900  3,184,700  1,639,300  1,808,600  1,850,800  2,175,700  1,983,600  1,671,000  1,267,100  1,149,000  1,699,100  1,647,700  1,390,900  1,117,400  1,548,100  1,665,100  1,331,300  1,248,900 
Accounts receivable, net of allowance for doubtful accounts 2,043,400  2,045,500  1,788,700  1,703,600  1,811,500  1,839,500  1,620,600  1,742,800  2,074,400  1,634,200  1,565,200  1,546,900  1,580,700  1,595,600  1,390,300  1,800,400  1,835,200  1,730,400  1,585,800  1,598,300  1,723,600  1,604,100  1,463,400  1,399,300  1,372,700  1,353,900  1,236,900 
Other current assets 730,300  1,079,800  1,164,100  883,200  820,300  837,000  939,800  725,300  751,700  894,100  917,500  757,700  701,000  962,600  3,088,700  2,791,400  782,600  889,300  1,365,100  674,800  725,600  798,400  792,000  662,400  671,900  683,300  687,000 
Assets held for sale 6,700  6,700  6,900  9,100  9,100 
Assets of discontinued operations 125,700 
Current assets before funds held for clients 5,067,300  4,898,700  5,316,400  5,367,200  5,627,300  5,381,700  5,337,000  5,659,200  5,767,500  5,323,200  5,667,400  3,943,900  4,090,300  4,409,000  6,654,700  6,575,400  4,288,800  3,886,800  4,099,900  3,972,200  4,096,900  3,793,400  3,505,200  3,616,500  3,716,600  3,377,600  3,181,900 
Funds held for clients 33,646,700  34,451,300  25,686,200  27,291,500  33,887,100  30,426,400  24,787,200  33,841,200  41,051,500  30,336,000  24,508,700  24,865,300  28,702,500  34,707,000  19,138,700  19,258,000  26,243,800  28,414,300  16,935,900  22,228,800  30,336,300  23,759,000  20,467,400  21,539,100  29,836,900  23,349,500  19,272,100 
Current assets 38,714,000  39,350,000  31,002,600  32,658,700  39,514,400  35,808,100  30,124,200  39,500,400  46,819,000  35,659,200  30,176,100  28,809,200  32,792,800  39,116,000  25,793,400  25,833,400  30,532,600  32,301,100  21,035,800  26,201,000  34,433,200  27,552,400  23,972,600  25,155,600  33,553,500  26,727,100  22,454,000 
Long-term receivables, net of allowance for doubtful accounts 27,300  27,400  27,300  28,000  27,000  24,600  26,600  27,100  27,500  31,300  32,600  32,200  31,300  32,000  32,700  155,400  148,900  147,500  140,000  138,700  136,700  135,600  130,700  129,800  127,100  125,200  124,800 
Property, plant and equipment, net 794,600  799,900  800,400  779,900  750,600  733,200  701,000  685,000  668,800  679,600  680,300  672,700  646,000  650,300  650,700  777,400  767,500  739,300  735,200  728,700  716,700  712,900  703,900  706,300  710,200  707,900  708,300 
Other assets 1,391,000  1,371,200  1,386,200  1,352,200  1,242,400  1,228,200  1,233,300  1,241,300  1,407,100  1,362,900  1,330,500  1,299,700  1,353,400  1,372,100  1,373,300  1,539,400  1,409,300  1,380,800  3,835,500  1,503,900  1,166,800  1,157,800  1,564,300  957,300  1,098,500  1,062,700  1,048,900 
Goodwill 2,263,300  2,164,300  1,757,300  1,741,000  1,726,700  1,652,900  1,698,500  1,682,000  1,689,300  1,671,200  1,684,600  1,793,500  1,785,500  1,833,400  1,857,600  3,113,800  3,102,000  3,108,600  3,095,700  3,052,600  3,068,500  3,100,700  3,088,800  3,155,300  3,163,700  3,130,000  2,997,500 
Intangible assets, net 875,300  832,700  687,300  620,200  594,800  552,400  553,800  534,200  513,900  495,300  476,200  503,200  498,300  499,300  500,400  632,300  636,200  644,500  639,100  643,200  644,400  670,600  683,800  711,200  723,100  731,500  686,700 
Noncurrent assets 5,351,500  5,195,500  4,658,500  4,521,300  4,341,500  4,191,300  4,213,200  4,169,600  4,306,600  4,240,300  4,204,200  4,301,300  4,314,500  4,387,100  4,414,700  6,218,300  6,063,900  6,020,700  8,445,500  6,067,100  5,733,100  5,777,600  6,171,500  5,659,900  5,822,600  5,757,300  5,566,200 
Total assets 44,065,500  44,545,500  35,661,100  37,180,000  43,855,900  39,999,400  34,337,400  43,670,000  51,125,600  39,899,500  34,380,300  33,110,500  37,107,300  43,503,100  30,208,100  32,051,700  36,596,500  38,321,800  29,481,300  32,268,100  40,166,300  33,330,000  30,144,100  30,815,500  39,376,100  32,484,400  28,020,200 
Source: Automatic Data Processing Inc., Quarterly and Annual Reports
Item Description The company
Cash and cash equivalents Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits should not be reported as cash and cash equivalents. Automatic Data Processing Inc.'s cash and cash equivalents declined from Q1 2018 to Q2 2018 but then increased from Q2 2018 to Q3 2018 not reaching Q1 2018 level.
Accounts receivable, net of allowance for doubtful accounts Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Automatic Data Processing Inc.'s accounts receivable, net of allowance for doubtful accounts increased from Q1 2018 to Q2 2018 but then slightly declined from Q2 2018 to Q3 2018.
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Automatic Data Processing Inc.'s current assets increased from Q1 2018 to Q2 2018 but then slightly declined from Q2 2018 to Q3 2018.
Property, plant and equipment, net Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, and production equipment. Automatic Data Processing Inc.'s property, plant and equipment, net declined from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Automatic Data Processing Inc.'s noncurrent assets increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Automatic Data Processing Inc.'s total assets increased from Q1 2018 to Q2 2018 but then slightly declined from Q2 2018 to Q3 2018.