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

Less: Accumulated depreciation

$ 1,338.6

$ 1,274.8

934.8

866.1

Property and equipment, net of accumulated depreciation

403.8

408.7

Land and Improvements [Member]

Buildings and Improvements [Member]

10.8

Data Processing Equipment [Member]

166.3

162.9

225.3

221.6

Software [Member]

Furniture, Fixtures, and Equipment [Member]

^[1]

678.4

626.6

Leasehold Improvements [Member]

113.8

117.2

Construction in Progress [Member]

106.3

105.4

^[1]

$ 37.7

$ 30.3

[1]	Software includes both purchased software and costs capitalized related to internally developed software placed in service. Capitalized costs related to internally developed software that has not yet been placed in service is included in construction in progress.

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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