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)

6 Months Ended

Nov. 30, 2011

Property and Equipment, Net of Accumulated Depreciation [Abstract]

Components of property and equipment, at cost


In millions	November 30, 2011		May 31, 2011

Land and improvements	$	6.9	$	7.0
Buildings and improvements		95.6		95.2
Data processing equipment		211.4		204.6
Software		248.6		231.2
Furniture, fixtures, and equipment		153.8		152.0
Leasehold improvements		96.4		93.3
Construction in progress		19.9		20.9

Total property and equipment, gross		832.6		804.2
Less: Accumulated depreciation and amortization		516.6		495.5

Property and equipment, net of accumulated depreciation	$	316.0	$	308.7

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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