Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net of Accumulated Depreciation

v3.5.0.2
Property and Equipment, Net of Accumulated Depreciation
12 Months Ended
May 31, 2016
Property and Equipment, Net of Accumulated Depreciation [Abstract]  
Property and Equipment, Net of Accumulated Depreciation

Note H — Property and Equipment, Net of Accumulated Depreciation

The components of property and equipment, at cost, consisted of the following:







 

 

 

 

 

 



 

 

 

 

 

 



 

May 31,

In millions

 

2016

 

2015

Land and improvements

 

$

8.3 

 

$

8.3 

Buildings and improvements

 

 

103.0 

 

 

102.1 

Data processing equipment

 

 

196.1 

 

 

190.9 

Software

 

 

447.5 

 

 

391.8 

Furniture, fixtures, and equipment

 

 

125.0 

 

 

145.6 

Leasehold improvements

 

 

108.2 

 

 

106.2 

Construction in progress

 

 

24.1 

 

 

28.5 

Total property and equipment, gross

 

 

1,012.2 

 

 

973.4 

Less: Accumulated depreciation

 

 

659.2 

 

 

619.5 

Property and equipment, net of accumulated depreciation

 

$

353.0 

 

$

353.9 



Depreciation expense was $99.2 million, $92.1 million, and $89.1 million for fiscal years 2016,  2015, and 2014, respectively.