Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net of Accumulated Depreciation

v3.5.0.2
Property and Equipment, Net of Accumulated Depreciation
 3 Months Ended
Aug. 31, 2016
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:







 

 

 

 

 

 



 

 

 

 

 

 



 

August 31,

 

May 31,

In millions

 

2016

 

2016

Land and improvements

 

$

 8.3 

 

$

 8.3 

Buildings and improvements

 

 

 103.1 

 

 

 103.0 

Data processing equipment

 

 

 197.4 

 

 

 196.1 

Software

 

 

 454.6 

 

 

 447.5 

Furniture, fixtures, and equipment

 

 

 120.2 

 

 

 125.0 

Leasehold improvements

 

 

 110.4 

 

 

 108.2 

Construction in progress

 

 

 24.1 

 

 

 24.1 

Total property and equipment, gross

 

 

 1,018.1 

 

 

 1,012.2 

Less: Accumulated depreciation

 

 

 669.7 

 

 

 659.2 

Property and equipment, net of accumulated depreciation

 

$

 348.4 

 

$

 353.0 



Depreciation expense was $25.3 million for the three months ended August 31, 2016 compared to $24.0 million for the three months ended August 31, 2015.