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)

9 Months Ended

Feb. 28, 2013

Property, Plant and Equipment [Abstract]

Components of property and equipment, at cost

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



In millions	February 28, 2013		May 31, 2012
Land and improvements	$	8.1	$	7.0
Buildings and improvements	98.4		96.8
Data processing equipment	173.5		212.3
Software	282.6		263.5
Furniture, fixtures, and equipment	144.9		154.2
Leasehold improvements	98.5		96.0
Construction in progress	30.8		28.2
Total property and equipment, gross	836.8		858.0
Less: Accumulated depreciation and amortization	495.1		533.7
Property and equipment, net of accumulated depreciation	$	341.7	$	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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