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
3 Months Ended
Aug. 31, 2012
Property and Equipment, Net of Accumulated Depreciation [Abstract]  
Property and Equipment, Net of Accumulated Depreciation

Note E: Property and Equipment, Net of Accumulated Depreciation

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

 

                 

In millions

  August 31,
2012
    May 31,
2012
 

Land and improvements

  $ 7.3     $ 7.0  

Buildings and improvements

    97.8       96.8  

Data processing equipment

    175.6       212.3  

Software

    279.7       263.5  

Furniture, fixtures, and equipment

    154.4       154.2  

Leasehold improvements

    96.6       96.0  

Construction in progress

    20.1       28.2  
   

 

 

   

 

 

 

Total property and equipment, gross

    831.5       858.0  

Less: Accumulated depreciation and amortization

    504.6       533.7  
   

 

 

   

 

 

 

Property and equipment, net of accumulated depreciation

  $ 326.9     $ 324.3  
   

 

 

   

 

 

 

Depreciation expense was $19.4 million and $18.5 million for the three months ended August 31, 2012 and 2011, respectively.