Consolidated Balance Sheets
Automatic Data Processing, Inc. and Subsidiaries

(In thousands, except per share amounts)

June 30,	1997	1996
Assets
Current assets:
Cash and cash equivalents	$590,578	$314,416
Short-term marketable securities	434,341	321,743
Accounts receivable	605,068	507,198
Other current assets	175,335	310,926
Total current assets	1,805,322	1,454,283
Long-term marketable securities	470,164	462,461
Long-term receivables	176,771	188,184
Property, plant and equipment -- at cost:
Land and buildings	361,594	322,975
Data processing equipment	626,013	578,935
Furniture, leaseholds and other	364,161	330,610
	1,351,768	1,232,520
Less accumulated depreciation	832,423	764,254
	519,345	468,266
Other assets	96,383	19,597
Intangibles	1,314,787	1,247,094
	$4,382,772	$3,839,885
Liabilities and Shareholders' Equity Current liabilities:
Notes payable	$129,168	$90,746
Accounts payable	110,266	96,351
Accrued expenses and other current liabilities	717,868	590,355
Income taxes	61,479	52,954
Current portion of long-term debt	1,091	5,207
Total current liabilities	1,019,872	835,613
Long-term debt	401,162	403,743
Other liabilities	91,685	78,508
Deferred income taxes	102,751	112,880
Deferred revenue	106,737	93,795
Shareholders' equity:
Preferred stock, $1.00 par value:
Authorized, 300 shares; issued, none Common stock, $.10 par value:
Authorized, 500,000 shares; issued, 314,288 and
314,277 shares, respectively	31,429	31,428
Capital in excess of par value	480,492	420,463
Retained earnings	2,922,317	2,537,952
Treasury stock-- at cost 21,439 and 26,656 shares, respectively	(697,887)	(660,234)
Translation adjustments	(75,786)	(14,263)
Total shareholders' equity	2,660,565	2,315,346
	$4,382,772	$3,839,885

See notes to consolidated financial statements.