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)

9 Months Ended

Feb. 29, 2012

Property and Equipment, Net of Accumulated Depreciation [Abstract]

Components of property and equipment, at cost


In millions	February 29, 2012		May 31, 2011
Land and improvements	$	7.0	$	7.0
Buildings and improvements		95.7		95.2
Data processing equipment		212.1		204.6
Software		254.2		231.2
Furniture, fixtures, and equipment		155.4		152.0
Leasehold improvements		97.9		93.3
Construction in progress		24.2		20.9

Total property and equipment, gross		846.5		804.2
Less: Accumulated depreciation and amortization		529.7		495.5

Property and equipment, net of accumulated depreciation	$	316.8	$	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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