ADP · 10-Q · 2026Q3 · Full report

Liquidity and Cash Position

AUTOMATIC DATA PROCESSING INC · 2026-10-30 · Importance 31 · Surprise 6

Cash and cash equivalents were $3.3 billion as of September 30, 2026, primarily invested in time deposits and money market funds. ADP reported $11.7 billion of committed credit facilities and expects cash, marketable securities, operating cash flow, credit facilities, and access to debt markets to fund operating, investing, and financing needs. For client-funds liquidity, the company also cited short-term commercial paper and reverse repurchase agreements, including $7.5 billion available on a committed basis in the United States as of June 30, 2026.

Key facts

• ADP expects existing cash, cash equivalents, marketable securities, operating cash flow, $11.7 billion of committed credit facilities, and debt-market access to be adequate for foreseeable operating, investing, and financing activities, including dividends, share repurchases, and capital expenditures. source
• ADP had $3.3 billion in cash and cash equivalents as of September 30, 2026, primarily invested in time deposits and money market funds. source
• ADP reported that its financial condition remained solid at September 30, 2026. source
• ADP reported sufficient liquidity and a solid financial condition as of September 30, 2026. source
• For client-funds liquidity, ADP had $7.5 billion of committed U.S. short-term reverse-repurchase borrowing availability as of June 30, 2026, as well as $11.7 billion of committed credit facilities. source