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

Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net of Accumulated Depreciation (Tables)

Property and Equipment, Net of Accumulated Depreciation (Tables)

3 Months Ended

Aug. 31, 2018

Property and Equipment, Net of Accumulated Depreciation [Abstract]

Components of Property and Equipment, at Cost



	August 31,		May 31,
In millions	2018		2018
Land and improvements	$	10.6	$	10.6
Buildings and improvements		128.0		126.4
Data processing equipment		213.5		211.3
Software (1)		563.8		545.5
Furniture, fixtures, and equipment		111.2		114.5
Leasehold improvements		109.3		111.4
Construction in progress (1)		61.2		63.0
Total property and equipment, gross		1,197.6		1,182.7
Less: Accumulated depreciation		808.5		789.2
Property and equipment, net of accumulated depreciation	$	389.1	$	393.5

(1) Software includes both purchased software and costs capitalized related to internally developed software placed in service. Capitalized costs related to internally developed software that has not yet been placed in service is included in construction in progress.