Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net of Accumulated Depreciation

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Property and Equipment, Net of Accumulated Depreciation
3 Months Ended
Aug. 31, 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
August 31, 2015
 
May 31, 2015
Land and improvements
$
8.3

 
$
8.3

Buildings and improvements
102.4

 
102.1

Data processing equipment
191.4

 
190.9

Software
402.3

 
391.8

Furniture, fixtures, and equipment
140.1

 
145.6

Leasehold improvements
108.7

 
106.2

Construction in progress
27.0

 
28.5

Total property and equipment, gross
980.2

 
973.4

Less: Accumulated depreciation
630.1

 
619.5

Property and equipment, net of accumulated depreciation
$
350.1

 
$
353.9


Depreciation expense was $24.0 million for the three months ended August 31, 2015, compared to $22.7 million for the three months ended August 31, 2014.