Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net of Accumulated Depreciation

v2.4.1.9
Property and Equipment, Net of Accumulated Depreciation
6 Months Ended
Nov. 30, 2014
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net of Accumulated Depreciation
Property and Equipment, Net of Accumulated Depreciation
The components of property and equipment, at cost, consisted of the following:
In millions
November 30, 2014
 
May 31, 2014
Land and improvements
$
8.3

 
$
8.1

Buildings and improvements
101.5

 
101.1

Data processing equipment
174.4

 
180.8

Software
370.5

 
344.8

Furniture, fixtures, and equipment
144.7

 
145.0

Leasehold improvements
104.0

 
101.7

Construction in progress
28.6

 
25.3

Total property and equipment, gross
932.0

 
906.8

Less: Accumulated depreciation
587.6

 
564.6

Property and equipment, net of accumulated depreciation
$
344.4

 
$
342.2


Depreciation expense was $22.5 million and $45.2 million for the three and six months ended November 30, 2014, respectively, compared to $22.2 million and $42.9 million, respectively, for the three and six months ended November 30, 2013.