Quarterly report pursuant to Section 13 or 15(d)

Comprehensive Income

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Comprehensive Income
 3 Months Ended
Aug. 31, 2011
Comprehensive Income [Abstract]  
Comprehensive Income
Note G: Comprehensive Income
Comprehensive income is comprised of two components: net income and other comprehensive income. Comprehensive income includes all changes in equity during a period except those resulting from transactions with owners of the Company. The change in unrealized gains and losses, net of applicable taxes, related to available-for-sale securities is the primary component reported in accumulated other comprehensive income in the Consolidated Balance Sheets.
Comprehensive income, net of related tax effects, is as follows:
                 
    For the three months ended
    August 31,
In millions   2011     2010  
 
Net income
  $ 148.9     $ 131.9  
Other comprehensive income:
               
Unrealized gains on available-for-sale securities, net of tax
    6.7       11.9  
Reclassification adjustment for the net gain on sale of available-for-sale
securities realized in net income, net of tax
    —       (0.1 )
     
Total other comprehensive income
    6.7       11.8  
     
Total comprehensive income
  $ 155.6     $ 143.7  
 
As of August 31, 2011, accumulated other comprehensive income was $44.2 million, which was net of taxes of $25.5 million. As of May 31, 2011, accumulated other comprehensive income was $37.5 million, which was net of taxes of $21.7 million.