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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 29, 2016
May. 31, 2015
Current assets:    
Cash and cash equivalents $ 50.4 $ 54.7
Accounts receivable, less allowances of $3.9 and $5.8, respectively 249.9 229.0
Inventories 458.1 456.0
Rotable spares and equipment on or available for short-term lease 119.1 110.7
Assets of discontinued operations 10.3 17.0
Deposits, prepaids and other 35.2 28.4
Deferred tax assets 47.7 58.3
Total current assets 970.7 954.1
Property, plant and equipment, net of accumulated depreciation of $435.3 and $398.5, respectively 222.4 214.8
Other assets:    
Goodwill 115.2 123.5
Intangible assets, net of accumulated amortization of $24.9 and $22.5, respectively 37.7 36.7
Equipment on or available for long-term lease 81.0 80.2
Investment in joint ventures 17.3 20.5
Other 77.7 85.2
Total other assets 328.9 346.1
Total assets 1,522.0 1,515.0
Current liabilities:    
Current maturities of long-term debt 35.7 69.0
Accounts and trade notes payable 162.0 142.3
Accrued liabilities 162.0 200.7
Total current liabilities 359.7 412.0
Long-term debt, less current maturities 160.0 85.0
Deferred tax liabilities 79.8 104.6
Other liabilities and deferred income 64.2 68.3
Total noncurrent liabilities $ 304.0 $ 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 45,050,881 and 44,895,934 shares at cost, respectively $ 45.1 $ 44.9
Capital surplus 447.8 442.6
Retained earnings 672.2 644.3
Treasury stock, 10,302,570 and 9,473,058 shares at cost, respectively (266.4) (246.3)
Accumulated other comprehensive loss (40.4) (40.4)
Total equity 858.3 845.1
Total liabilities and equity $ 1,522.0 $ 1,515.0