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
9 Months Ended
Feb. 28, 2015
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
February 28, 2015
 
May 31, 2014
Land and improvements
$
8.3

 
$
8.1

Buildings and improvements
101.9

 
101.1

Data processing equipment
183.8

 
180.8

Software
375.2

 
344.8

Furniture, fixtures, and equipment
145.5

 
145.0

Leasehold improvements
104.7

 
101.7

Construction in progress
32.6

 
25.3

Total property and equipment, gross
952.0

 
906.8

Less: Accumulated depreciation
604.3

 
564.6

Property and equipment, net of accumulated depreciation
$
347.7

 
$
342.2


Depreciation expense was $23.0 million and $68.2 million for the three and nine months ended February 28, 2015, respectively, compared to $22.1 million and $65.0 million, respectively, for the three and nine months ended February 28, 2014.