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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
May 31, 2017
May 31, 2016
Current assets:    
Cash and cash equivalents $ 10.3 $ 31.2
Accounts receivable 251.4 248.3
Inventories 483.1 452.0
Rotable spares and equipment on or available for short-term lease 118.0 118.3
Deposits, prepaids and other 25.7 31.9
Total current assets 888.5 881.7
Property, plant and equipment, at cost:    
Land 4.3 4.5
Buildings and improvements 100.1 99.5
Aircraft, equipment, furniture and fixtures 511.4 571.8
Property, plant and equipment, gross 615.8 675.8
Accumulated depreciation (413.9) (437.7)
Property, plant and equipment, net of accumulated depreciation 201.9 238.1
Other assets:    
Goodwill 115.4 117.3
Intangible assets, net 32.8 35.8
Equipment on or available for long-term lease 159.6 81.1
Other 105.9 102.0
Total other assets 413.7 336.2
Total assets 1,504.1 1,456.0
Current liabilities:    
Current maturities of long-term debt 2.0 12.0
Accounts and trade notes payable 177.4 166.3
Accrued liabilities 155.7 163.1
Total current liabilities 335.1 341.4
Long-term debt, less current maturities 155.3 136.1
Deferred tax liabilities 37.2 34.3
Other liabilities and deferred income 62.3 78.4
Total noncurrent liabilities 254.8 248.8
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 45,175,302 and 44,867,703 shares at cost, respectively 45.2 44.9
Capital surplus 460.8 451.3
Retained earnings 727.9 681.6
Treasury stock, 10,820,844 and 10,353,153 shares at cost, respectively (279.8) (267.6)
Accumulated other comprehensive loss (39.9) (44.4)
Total equity 914.2 865.8
Total liabilities and equity $ 1,504.1 $ 1,456.0