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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
May 31, 2016
May 31, 2015
Current assets:    
Cash and cash equivalents $ 31.2 $ 54.7
Accounts receivable 242.7 229.0
Inventories 445.4 456.0
Rotable spares and equipment on or available for short-term lease 118.3 110.7
Assets of discontinued operations 7.6 17.0
Deposits, prepaids and other 27.9 28.4
Total current assets 873.1 895.8
Property, plant and equipment, at cost:    
Land 3.4 3.4
Buildings and improvements 93.2 86.4
Aircraft, equipment, furniture and fixtures 553.5 523.5
Property, plant and equipment, gross 650.1 613.3
Accumulated depreciation (417.3) (398.5)
Property, plant and equipment, net of accumulated depreciation 232.8 214.8
Other assets:    
Goodwill 117.3 123.5
Intangible assets, net 35.8 36.7
Equipment on or available for long-term lease 81.1 80.2
Investment in aircraft joint ventures 15.0 20.5
Other 87.0 82.6
Total other assets 336.2 343.5
Total assets 1,442.1 1,454.1
Current liabilities:    
Current maturities of long-term debt 12.0 69.0
Accounts and trade notes payable 163.4 142.3
Accrued liabilities 153.6 200.7
Total current liabilities 329.0 412.0
Long-term debt, less current maturities 136.1 82.4
Deferred tax liabilities 34.3 46.3
Other liabilities and deferred income 76.9 68.3
Total noncurrent liabilities 247.3 197.0
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 44,867,703 and 44,895,934 shares at cost, respectively 44.9 44.9
Capital surplus 451.3 442.6
Retained earnings 681.6 644.3
Treasury stock, 10,353,153 and 9,473,058 shares at cost, respectively (267.6) (246.3)
Accumulated other comprehensive loss (44.4) (40.4)
Total equity 865.8 845.1
Total liabilities and equity $ 1,442.1 $ 1,454.1