Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net of Accumulated Depreciation

v3.6.0.2
Property and Equipment, Net of Accumulated Depreciation
 6 Months Ended
Nov. 30, 2016
Property and Equipment, Net of Accumulated Depreciation [Abstract]  
Property and Equipment, Net of Accumulated Depreciation

Note F: Property and Equipment, Net of Accumulated Depreciation



The components of property and equipment, at cost, consisted of the following:







 

 

 

 

 

 



 

 

 

 

 

 



 

November 30,

 

May 31,

In millions

 

2016

 

2016

Land and improvements

 

$

 8.3 

 

$

 8.3 

Buildings and improvements

 

 

 103.1 

 

 

 103.0 

Data processing equipment

 

 

 197.9 

 

 

 196.1 

Software

 

 

 468.0 

 

 

 447.5 

Furniture, fixtures, and equipment

 

 

 113.7 

 

 

 125.0 

Leasehold improvements

 

 

 109.0 

 

 

 108.2 

Construction in progress

 

 

 24.9 

 

 

 24.1 

Total property and equipment, gross

 

 

 1,024.9 

 

 

 1,012.2 

Less: Accumulated depreciation

 

 

 675.6 

 

 

 659.2 

Property and equipment, net of accumulated depreciation

 

$

 349.3 

 

$

 353.0 



Depreciation expense was $25.5 million and $50.8 million for the three and six months ended November 30, 2016, respectively, compared to $24.7 million and $48.7 million for the three and six months ended November 30, 2015, respectively.