Paychex, Inc. Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets, Net of Accumulated Amortization (Tables)

9 Months Ended

Feb. 28, 2018



	February 28,		May 31,
In millions	2018		2017
Client lists (1)	$	308.4	$	293.5
Other intangible assets		5.7		5.4
Total intangible assets, gross		314.1		298.9
Less: Accumulated amortization		209.0		241.3
Intangible assets, net of accumulated amortization	$	105.1	$	57.6

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Client lists include current estimates of amounts acquired from Lessor as of February 28, 2018. Refer to Note C for further details.