Paychex, Inc. Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets, Net of Accumulated Amortization (Tables)

6 Months Ended

Nov. 30, 2016



	November 30,		May 31,
In millions	2016		2016
Client lists	$	293.1	$	289.2
Other intangible assets		5.4		5.4
Total intangible assets, gross		298.5		294.6
Less: Accumulated amortization		233.3		225.1
Intangible assets, net of accumulated amortization	$	65.2	$	69.5