CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	May 31, 2019	May 31, 2018
Current assets:
Cash and cash equivalents	$ 21.3	$ 31.1
Restricted cash	19.8	10.5
Accounts receivable, net	197.8	202.0
Contract assets	59.2
Inventories	523.7	460.7
Rotable assets and equipment on or available for short-term lease	65.3	87.2
Assets of discontinued operations	29.2	125.0
Other current assets	36.2	26.2
Total current assets	952.5	942.7
Property, plant and equipment, at cost:
Land	4.5	4.5
Buildings and improvements	111.9	107.4
Equipment and furniture and fixtures	248.2	235.7
Property, plant and equipment, gross	364.6	347.6
Accumulated depreciation	(231.8)	(214.4)
Property, plant and equipment, net of accumulated depreciation	132.8	133.2
Other assets:
Goodwill	116.2	118.7
Intangible assets, net	22.2	27.8
Rotable assets supporting long-term programs	216.0	183.4
Other non-current assets	77.5	118.9
Total other assets	431.9	448.8
Total assets	1,517.2	1,524.7
Current liabilities:
Accounts payable	187.8	170.0
Accrued liabilities	140.5	138.3
Liabilities of discontinued operations	29.2	25.0
Total current liabilities	357.5	333.3
Long-term debt	141.7	177.2
Deferred revenue on long-term contracts	83.8	35.8
Deferred tax liabilities		15.7
Other liabilities	28.3	26.4
Total noncurrent liabilities	253.8	255.1
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 45,300,786 shares at cost	45.3	45.3
Capital surplus	479.4	470.5
Retained earnings	709.8	733.2
Treasury stock, 10,512,974 and 10,585,165 shares at cost, respectively	(287.7)	(280.7)
Accumulated other comprehensive loss	(40.9)	(32.0)
Total equity	905.9	936.3
Total liabilities and equity	$ 1,517.2	$ 1,524.7