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

Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net of Accumulated Depreciation (Tables)

Property and Equipment, Net of Accumulated Depreciation (Tables)

3 Months Ended

Aug. 31, 2012

Property and Equipment, Net of Accumulated Depreciation [Abstract]

Components of property and equipment, at cost


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

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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