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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 31, 2016
May 31, 2016
Current assets:    
Cash and cash equivalents $ 7.9 $ 31.2
Accounts receivable, less allowances of $4.8 and $3.9, respectively 238.0 248.3
Inventories 450.9 452.0
Rotable spares and equipment on or available for short-term lease 118.9 118.3
Deposits, prepaids and other 33.7 31.9
Total current assets 849.4 881.7
Property, plant and equipment, net of accumulated depreciation of $447.9 and $437.7, respectively 231.4 238.1
Other assets:    
Goodwill 115.5 117.3
Intangible assets, net of accumulated amortization of $26.3 and $26.5, respectively 32.2 35.8
Equipment on or available for long-term lease 96.0 81.1
Investment in joint ventures 14.1 15.0
Other 88.4 87.0
Total other assets 346.2 336.2
Total assets 1,427.0 1,456.0
Current liabilities:    
Current maturities of long-term debt 7.0 12.0
Accounts and trade notes payable 154.5 166.3
Accrued liabilities 152.9 163.1
Total current liabilities 314.4 341.4
Long-term debt, less current maturities 142.8 136.1
Deferred tax liabilities 34.0 34.3
Other liabilities and deferred income 77.3 78.4
Total noncurrent liabilities 254.1 248.8
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 45,161,322 and 44,867,703 shares at cost, respectively 45.2 44.9
Capital surplus 453.1 451.3
Retained earnings 688.5 681.6
Treasury stock, 10,987,009 and 10,353,153 shares at cost, respectively (282.7) (267.6)
Accumulated other comprehensive loss (45.6) (44.4)
Total equity 858.5 865.8
Total liabilities and equity $ 1,427.0 $ 1,456.0