Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net of Accumulated Depreciation

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Property and Equipment, Net of Accumulated Depreciation
 9 Months Ended
Feb. 28, 2017
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:







 

 

 

 

 

 



 

 

 

 

 

 



 

February 28,

 

May 31,

In millions

 

2017

 

2016

Land and improvements

 

$

 8.3 

 

$

 8.3 

Buildings and improvements

 

 

 103.3 

 

 

 103.0 

Data processing equipment

 

 

 196.7 

 

 

 196.1 

Software

 

 

 475.4 

 

 

 447.5 

Furniture, fixtures, and equipment

 

 

 113.6 

 

 

 125.0 

Leasehold improvements

 

 

 108.6 

 

 

 108.2 

Construction in progress

 

 

 26.3 

 

 

 24.1 

Total property and equipment, gross

 

 

 1,032.2 

 

 

 1,012.2 

Less: Accumulated depreciation

 

 

 690.6 

 

 

 659.2 

Property and equipment, net of accumulated depreciation

 

$

 341.6 

 

$

 353.0 



Depreciation expense was $26.4 million and $77.2 million for the three and nine months ended February 28, 2017, respectively, compared to $25.1 million and $73.8 million for the three and nine months ended February 29, 2016, respectively.