CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	May 31, 2014	May 31, 2013
Current assets:
Cash and cash equivalents	$ 89.2	$ 75.3
Accounts receivable	283.1	297.4
Inventories	495.3	453.7
Rotable spares and equipment on or available for short-term lease	137.6	129.2
Deposits, prepaids and other	81.6	60.1
Deferred tax assets	30.1	18.0
Total current assets	1,116.9	1,033.7
Property, plant and equipment, at cost:
Land	9.4	9.2
Buildings and improvements	102.4	99.5
Aircraft, equipment, furniture and fixtures	627.4	607.5
Property, plant and equipment, gross	739.2	716.2
Accumulated depreciation	(424.3)	(354.5)
Property, plant and equipment, net of accumulated depreciation	314.9	361.7
Other assets:
Goodwill	261.7	255.6
Intangible assets, net	165.4	157.8
Equipment on or available for long-term lease	98.4	64.7
Capitalized program development costs	112.2	124.9
Investment in joint ventures	29.9	31.8
Other	100.1	106.7
Total other assets	767.7	741.5
Total assets	2,199.5	2,136.9
Current liabilities:
Current maturities of long-term debt	69.7	86.4
Accounts and trade notes payable	171.1	149.3
Accrued liabilities	161.3	153.3
Total current liabilities	402.1	389.0
Long-term debt, less current maturities	564.3	622.2
Deferred tax liabilities	162.2	138.2
Other liabilities and deferred income	70.2	68.0
Total noncurrent liabilities	796.7	828.4
Equity:
Preferred stock, $1.00 par value, authorized 250,000 shares; none issued
Common stock, $1.00 par value, authorized 100,000,000 shares; issued 44,674,186 and 44,691,437 shares at cost, respectively	44.7	44.7
Capital surplus	436.4	431.6
Retained earnings	646.0	584.9
Treasury stock, 5,113,939 and 5,309,252 shares at cost, respectively	(98.3)	(100.1)
Accumulated other comprehensive loss	(29.3)	(42.5)
Total AAR stockholders' equity	999.5	918.6
Noncontrolling interest	1.2	0.9
Total equity	1,000.7	919.5
Total liabilities and equity	$ 2,199.5	$ 2,136.9