Goodwill and Intangible Assets, Net of Accumulated Amortization (Tables)

12 Months Ended

May 31, 2021

Goodwill and Intangible Assets, Net of Accumulated Amortization [Abstract]

Change in Goodwill

	May 31,
In millions	2021		2020
Balance, beginning of fiscal year	$	1,791.1	$	1,782.6
Changes during the period:
Goodwill acquired		19.6		4.1
Acquisition accounting adjustments		—		4.5
Currency translation adjustment		10.0		(0.1)
Balance, end of fiscal year	$	1,820.7	$	1,791.1

Components of Intangible Assets, at Cost

	May 31,
In millions	2021		2020
Client lists	$	632.3	$	618.4
Other intangible assets		24.1		23.3
Total intangible assets, gross		656.4		641.7
Less: Accumulated amortization		380.6		311.1
Intangible assets, net of accumulated amortization	$	275.8	$	330.6

Estimated Amortization Expense

In millions	Estimated amortization
Year ending May 31,	expense
2022	$	61.7
2023		57.0
2024		54.1
2025		51.5
2026		30.1