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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
May 31, 2013
May 31, 2012
May 31, 2011
Cash flows provided from operating activities:      
Net income attributable to AAR and noncontrolling interest $ 55.5 $ 68.0 $ 69.8
Adjustments to reconcile net income attributable to AAR and noncontrolling interest to net cash provided from operating activities:      
Depreciation and amortization 79.7 72.0 59.3
Amortization of stock-based compensation 11.1 12.5 12.3
Amortization of debt discount 9.6 13.2 12.3
Amortization of overhaul costs 28.9 8.3  
Deferred tax provision 29.5 32.8 38.9
Restructuring and impairment charges   3.7 5.3
Loss (gain) on extinguishment of debt 0.3 0.7 (0.1)
Gain on sale of product line     (5.9)
Earnings from joint ventures (6.8) (1.5) (3.3)
Changes in certain assets and liabilities, net of acquisitions:      
Accounts receivable 6.0 36.3 (45.0)
Inventories 16.1 (47.6) (13.0)
Rotable spares and equipment on or available for short-term lease 10.4 5.6 (21.6)
Equipment on long-term lease 0.8 16.5 3.3
Accounts and trade notes payable (50.7) 18.3 48.7
Accrued and other liabilities 11.8 (20.9) 8.2
Other, primarily program and overhaul costs (39.3) (123.7) (60.6)
Net cash provided from operating activities 162.9 94.2 108.6
Cash flows used in investing activities:      
Property, plant and equipment expenditures (37.6) (91.2) (124.9)
Proceeds from disposal of assets 11.8 4.1  
Proceeds from sale of product line     10.0
Payments for acquisitions (21.3) (298.1)  
Proceeds from aircraft joint ventures 15.4 1.6 8.3
Other (1.1) (6.6) (12.1)
Net cash used in investing activities (32.8) (390.2) (118.7)
Cash flows (used in) provided from financing activities:      
Proceeds from borrowings 181.8 416.8 55.0
Reduction in borrowing (274.3) (83.5) (58.5)
Reduction in equity due to convertible bond repurchase (0.5) (1.2) (0.2)
Cash dividends (12.8) (12.1) (3.0)
Purchase of treasury stock (14.6) (3.7) (2.5)
Stock option exercises 1.1 3.0 2.0
Other (4.4) (12.5) (4.6)
Net cash (used in) provided from financing activities (123.7) 306.8 (11.8)
Effect of exchange rate changes on cash 1.2 (0.5) (0.1)
Increase (decrease) in cash and cash equivalents 7.6 10.3 (22.0)
Cash and cash equivalents, beginning of year 67.7 57.4 79.4
Cash and cash equivalents, end of year $ 75.3 $ 67.7 $ 57.4