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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 30, 2015
May. 31, 2015
Current assets:    
Cash and cash equivalents $ 62.8 $ 54.7
Accounts receivable, less allowances of $4.7 and $5.8, respectively 252.6 229.0
Inventories 462.1 456.0
Rotable spares and equipment on or available for short-term lease 115.7 110.7
Assets of discontinued operations 7.9 17.0
Deposits, prepaids and other 36.8 28.4
Deferred tax assets 58.3 58.3
Total current assets 996.2 954.1
Property, plant and equipment, net of accumulated depreciation of $420.7 and $398.5, respectively 205.1 214.8
Other assets:    
Goodwill 123.1 123.5
Intangible assets, net of accumulated amortization of $24.5 and $22.5, respectively 34.8 36.7
Equipment on or available for long-term lease 80.7 80.2
Investment in joint ventures 18.0 20.5
Other 76.7 85.2
Total other assets 333.3 346.1
Total assets 1,534.6 1,515.0
Current liabilities:    
Current maturities of long-term debt 35.3 69.0
Accounts and trade notes payable 154.7 142.3
Accrued liabilities 173.4 200.7
Total current liabilities 363.4 412.0
Long-term debt, less current maturities 135.0 85.0
Deferred tax liabilities 104.1 104.6
Other liabilities and deferred income 69.6 68.3
Total noncurrent liabilities $ 308.7 $ 257.9
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 45,039,798 and 44,895,934 shares at cost, respectively $ 45.0 $ 44.9
Capital surplus 445.7 442.6
Retained earnings 670.0 644.3
Treasury stock, 9,996,173 and 9,473,058 shares at cost, respectively (259.3) (246.3)
Accumulated other comprehensive loss (38.9) (40.4)
Total equity 862.5 845.1
Total liabilities and equity $ 1,534.6 $ 1,515.0