CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	May. 31, 2015	May. 31, 2014
Current assets:
Cash and cash equivalents	$ 54.7	$ 89.2
Accounts receivable	229.0	283.1
Inventories	456.0	495.3
Rotable spares and equipment on or available for short-term lease	110.7	137.6
Assets of discontinued operations	17.0
Deposits, prepaids and other	28.4	81.6
Deferred tax assets	58.3	24.6
Total current assets	954.1	1,111.4
Property, plant and equipment, at cost:
Land	3.4	9.4
Buildings and improvements	86.4	102.4
Aircraft, equipment, furniture and fixtures	523.5	627.4
Property, plant and equipment, gross	613.3	739.2
Accumulated depreciation	(398.5)	(424.3)
Property, plant and equipment, net of accumulated depreciation	214.8	314.9
Other assets:
Goodwill	123.5	261.7
Intangible assets, net	36.7	165.4
Equipment on or available for long-term lease	80.2	98.4
Capitalized program development costs		112.2
Investment in joint ventures	20.5	29.9
Other	85.2	100.1
Total other assets	346.1	767.7
Total assets	1,515.0	2,194.0
Current liabilities:
Current maturities of long-term debt	69.0	69.7
Accounts and trade notes payable	142.3	171.1
Accrued liabilities	200.7	161.3
Total current liabilities	412.0	402.1
Long-term debt, less current maturities	85.0	564.3
Deferred tax liabilities	104.6	156.7
Other liabilities and deferred income	68.3	70.2
Total noncurrent liabilities	$ 257.9	$ 791.2
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 44,895,934 and 44,674,186 shares at cost, respectively	$ 44.9	$ 44.7
Capital surplus	442.6	436.4
Retained earnings	644.3	646.0
Treasury stock, 9,473,058 and 5,113,939 shares at cost, respectively	(246.3)	(98.3)
Accumulated other comprehensive loss	(40.4)	(29.3)
Total AAR stockholders' equity	845.1	999.5
Noncontrolling interest		1.2
Total equity	845.1	1,000.7
Total liabilities and equity	$ 1,515.0	$ 2,194.0