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

12 Months Ended

May 31, 2020

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

Change in Goodwill

	May 31,
In millions	2020		2019
Balance, beginning of fiscal year	$	1,782.6	$	814.0
Changes during the period:
Goodwill acquired		4.1		972.1
Acquisition accounting adjustments		4.5		1.6
Currency translation adjustment		(0.1)		(5.1)
Balance, end of fiscal year	$	1,791.1	$	1,782.6

Components of Intangible Assets, at Cost

	May 31,
In millions	2020		2019
Client lists	$	618.4	$	608.2
Other intangible assets		23.3		23.0
Total intangible assets, gross		641.7		631.2
Less: Accumulated amortization		311.1		232.1
Intangible assets, net of accumulated amortization	$	330.6	$	399.1

Estimated Amortization Expense

In millions	Estimated amortization
Year ending May 31,	expense
2021	$	65.8
2022		60.6
2023		56.0
2024		53.1
2025		50.8