Property and Equipment, Net of Accumulated Depreciation

3 Months Ended

Aug. 31, 2016

Property and Equipment, Net of Accumulated Depreciation [Abstract]

Property and Equipment, Net of Accumulated Depreciation

Note F: Property and Equipment, Net of Accumulated Depreciation

The components of property and equipment, at cost, consisted of the following:

	August 31,		May 31,
In millions	2016		2016
Land and improvements	$	8.3	$	8.3
Buildings and improvements		103.1		103.0
Data processing equipment		197.4		196.1
Software		454.6		447.5
Furniture, fixtures, and equipment		120.2		125.0
Leasehold improvements		110.4		108.2
Construction in progress		24.1		24.1
Total property and equipment, gross		1,018.1		1,012.2
Less: Accumulated depreciation		669.7		659.2
Property and equipment, net of accumulated depreciation	$	348.4	$	353.0

Depreciation expense was $25.3 million for the three months ended August 31, 2016 compared to $24.0 million for the three months ended August 31, 2015.