Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net of Accumulated Depreciation

v3.7.0.1
Property and Equipment, Net of Accumulated Depreciation
9 Months Ended
Feb. 28, 2017
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:







 

 

 

 

 

 



 

 

 

 

 

 



 

February 28,

 

May 31,

In millions

 

2017

 

2016

Land and improvements

 

$

8.3 

 

$

8.3 

Buildings and improvements

 

 

103.3 

 

 

103.0 

Data processing equipment

 

 

196.7 

 

 

196.1 

Software

 

 

475.4 

 

 

447.5 

Furniture, fixtures, and equipment

 

 

113.6 

 

 

125.0 

Leasehold improvements

 

 

108.6 

 

 

108.2 

Construction in progress

 

 

26.3 

 

 

24.1 

Total property and equipment, gross

 

 

1,032.2 

 

 

1,012.2 

Less: Accumulated depreciation

 

 

690.6 

 

 

659.2 

Property and equipment, net of accumulated depreciation

 

$

341.6 

 

$

353.0 



Depreciation expense was $26.4 million and $77.2 million for the three and nine months ended February 28, 2017, respectively, compared to $25.1 million and $73.8 million for the three and nine months ended February 29, 2016, respectively.