Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net of Accumulated Depreciation

v3.3.1.900
Property and Equipment, Net of Accumulated Depreciation
 6 Months Ended
Nov. 30, 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
November 30, 2015
 
May 31, 2015
Land and improvements
$
8.3

 
$
8.3

Buildings and improvements
102.4

 
102.1

Data processing equipment
190.5

 
190.9

Software
425.1

 
391.8

Furniture, fixtures, and equipment
133.8

 
145.6

Leasehold improvements
106.7

 
106.2

Construction in progress
18.3

 
28.5

Total property and equipment, gross
985.1

 
973.4

Less: Accumulated depreciation
632.4

 
619.5

Property and equipment, net of accumulated depreciation
$
352.7

 
$
353.9


Depreciation expense was $24.7 million and $48.7 million for the three and six months ended November 30, 2015, respectively, compared to $22.5 million and $45.2 million for the three and six months ended November 30, 2014, respectively.