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

Property and Equipment, Net of Accumulated Depreciation (Tables)

9 Months Ended

Feb. 28, 2015

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