Year Ended June 30, 2017 As reported Adjustments ASC 606 Adjustments ASU 2017-07 As adjusted Revenues, other than interest on funds held for clients and PEO revenues $ 8,518.1 $ (8.0 ) $ — $ 8,510.1 Interest on funds held for clients 397.4 — — 397.4 PEO revenues 3,464.3 0.2 — 3,464.5 TOTAL REVENUES 12,379.8 (7.8) — 12,372.0 Operating expenses 6,416.1 (63.6 ) 33.7 6,386.2 Systems development and programming costs 627.5 — 4.6 632.1 Depreciation and amortization 226.2 — — 226.2 Selling, general, and administrative expenses 2,783.2 (30.0) 20.6 2,773.8 Interest expense 80.0 — — 80.0 Total Expenses 10,133.0 (93.6) 58.9 10,098.3 Other (income), net (284.3 ) — (58.9 ) (343.2 ) EARNINGS BEFORE INCOME TAXES 2,531.1 85.8 — 2,616.9 Provision for income taxes 797.7 31.4 — 829.1 NET EARNINGS $ 1,733.4 $ 54.4 $ — $ 1,787.8 June 30, June 30, 2018 Adjustments ASC 606 2018 As reported As restated Assets Current assets: Other current assets $ 758.0 $ (226.7 ) $ 531.3 Total current assets 32,050.0 (226.7) 31,823.3 Deferred contract costs — 2,377.4 2,377.4 Other assets 1,089.6 (390.3) 699.3 Total assets $ 37,088.7 $ 1,760.4 $ 38,849.1 Liabilities and Stockholders' Equity Current liabilities: Short-term deferred revenues 226.5 (0.8 ) 225.7 Total current liabilities 30,413.6 (0.8) 30,412.7 Deferred income taxes 107.3 414.7 522.0 Long-term deferred revenues 377.8 70.2 448.1 Total liabilities 33,629.1 484.1 34,113.2 Stockholders' equity: Retained earnings 15,271.3 1,275.3 16,546.6 Total stockholders’ equity 3,459.6 1,276.3 4,735.9 Total liabilities and stockholders’ equity $ 37,088.7 $ 1,760.4 $ 38,849.1 Consolidated Balance Sheets 57