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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Feb. 28, 2013
May 31, 2012
Current assets:    
Cash $ 47.4 $ 67.7
Accounts receivable, less allowances of $6.7 and $8.2, respectively 302.4 302.1
Inventories 488.3 461.2
Rotable spares and equipment on or available for short-term lease 133.5 138.6
Deposits, prepaids and other 61.1 71.1
Deferred tax assets 43.4 22.6
Total current assets 1,076.1 1,063.3
Property, plant and equipment, net of accumulated depreciation of $340.0 and $298.4, respectively 363.8 382.9
Other assets:    
Goodwill 256.4 262.6
Intangible assets, net of accumulated amortization of $43.6 and $34.1, respectively 161.1 155.0
Equipment on long-term lease 66.5 73.1
Investment in joint ventures 36.0 49.9
Other 257.1 208.9
Total other assets 777.1 749.5
Total assets 2,217.0 2,195.7
Current liabilities:    
Short-term debt 0.6 0.6
Current maturities of long-term debt 21.6 122.2
Accounts and trade notes payable 178.4 201.4
Accrued liabilities 162.2 149.0
Total current liabilities 362.8 473.2
Long-term debt, less current maturities 700.6 669.4
Deferred tax liabilities 161.2 115.9
Other liabilities and deferred income 67.7 71.2
Total noncurrent liabilities 929.5 856.5
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 44,703,137 and 44,849,196 shares at cost, respectively 44.7 44.8
Capital surplus 428.5 423.6
Retained earnings 587.3 541.8
Treasury stock, 4,969,742 and 4,576,368 shares at cost, respectively (94.3) (90.4)
Accumulated other comprehensive loss (42.2) (55.2)
Total AAR shareholders' equity 924.0 864.6
Noncontrolling interest 0.7 1.4
Total equity 924.7 866.0
Total liabilities and equity $ 2,217.0 $ 2,195.7