Reclassifications out of Accumulated Other Comprehensive Income/(Loss) (“AOCI”) (Tables)

6 Months Ended

Dec. 31, 2025

Changes in AOCI by component are as follows:


	Three Months Ended
	December 31, 2025
	Currency Translation Adjustment		Net Gains/Losses on Available-for-sale Securities			Cash Flow Hedging Activities			Pension Liability			Accumulated Other Comprehensive Income/(Loss)
Balance at September 30, 2025	$	(305.3)	$	(172.7)		$	(26.6)		$	(226.1)		$	(730.7)
Other comprehensive income/(loss) before reclassification adjustments	3.9		107.5			—			—			111.4
Tax effect	—		(22.7)			—			—			(22.7)
Reclassification adjustments to net earnings	—		0.3		(A)	1.6		(C)	1.1		(B)	3.0
Tax effect	—		—			(0.4)			(0.3)			(0.7)

Balance at December 31, 2025	$	(301.4)	$	(87.6)		$	(25.4)		$	(225.3)		$	(639.7)


	Three Months Ended
	December 31, 2024
	Currency Translation Adjustment		Net Gains/Losses on Available-for-sale Securities			Cash Flow Hedging Activities			Pension Liability			Accumulated Other Comprehensive Income/(Loss)
Balance at September 30, 2024	$	(329.6)	$	(511.3)		$	(28.6)		$	(230.7)		$	(1,100.2)
Other comprehensive income/(loss) before reclassification adjustments	(101.0)		(423.8)			—			—			(524.8)
Tax effect	—		94.2			—			—			94.2
Reclassification adjustments to net earnings	—		0.6		(A)	1.4		(C)	0.7		(B)	2.7
Tax effect	—		(0.1)			(0.3)			(0.2)			(0.6)

Balance at December 31, 2024	$	(430.6)	$	(840.4)		$	(27.5)		$	(230.2)		$	(1,528.7)


	Six Months Ended
	December 31, 2025
	Currency Translation Adjustment		Net Gains/Losses on Available-for-sale Securities			Cash Flow Hedging Activities			Pension Liability			Accumulated Other Comprehensive Income/(Loss)
Balance at June 30, 2025	$	(289.8)	$	(338.9)		$	(27.7)		$	(227.0)		$	(883.4)
Other comprehensive income/(loss) before reclassification adjustments	(11.6)		323.2			—			—			311.6
Tax effect	—		(71.0)			—			—			(71.0)
Reclassification adjustments to net earnings	—		(1.2)		(A)	3.0		(C)	2.3		(B)	4.1
Tax effect	—		0.3			(0.7)			(0.6)			(1.0)

Balance at December 31, 2025	$	(301.4)	$	(87.6)		$	(25.4)		$	(225.3)		$	(639.7)


	Six Months Ended
	December 31, 2024
	Currency Translation Adjustment		Net Gains/Losses on Available-for-sale Securities			Cash Flow Hedging Activities			Pension Liability			Accumulated Other Comprehensive Income/(Loss)
Balance at June 30, 2024	$	(378.8)	$	(1,178.0)		$	(20.0)		$	(231.5)		$	(1,808.3)
Other comprehensive income/(loss) before reclassification adjustments	(51.8)		440.5			(12.5)			—			376.2
Tax effect	—		(103.6)			3.1			—			(100.5)
Reclassification adjustments to net earnings	—		0.8		(A)	2.5		(C)	1.8		(B)	5.1
Tax effect	—		(0.1)			(0.6)			(0.5)			(1.2)

Balance at December 31, 2024	$	(430.6)	$	(840.4)		$	(27.5)		$	(230.2)		$	(1,528.7)

(A) Reclassification adjustments out of AOCI are included within Other (income)/loss, net, on the Statements of Consolidated Earnings.

(B) Reclassification adjustments out of AOCI are included in Net pension (income)/expense (see Note 12).

(C) Reclassification adjustments out of AOCI are included in Interest expense on the Statements of Consolidated Earnings (see Note 11).

AUTOMATIC DATA PROCESSING INC 10-Q