Quarterly report pursuant to Section 13 or 15(d)

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

v3.19.3.a.u2
Goodwill and Intangible Assets, Net of Accumulated Amortization (Tables)
6 Months Ended
Nov. 30, 2019
Goodwill and Intangible Assets, Net of Accumulated Amortization [Abstract]  
Change in Goodwill

November 30,

In millions

2019

Balance, beginning of period

$

1,782.6

Changes during the period:

Goodwill acquired

-

Acquisition accounting adjustments

4.5

Currency translation adjustment

(1.3)

Balance, end of period

$

1,785.8

Components of Intangible Assets, at Cost

November 30,

May 31,

In millions

2019

2019

Client lists

$

609.7

$

608.2

Other intangible assets

23.2

23.0

Total intangible assets, gross

632.9

631.2

Less: Accumulated amortization

273.2

232.1

Intangible assets, net of accumulated amortization

$

359.7

$

399.1

Estimated Amortization Expense

$ in millions

Estimated amortization

Year ending May 31,

expense

2020

$

75.9

2021

63.9

2022

59.0

2023

54.5

2024

52.1