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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 30, 2016
May 31, 2016
Current assets:    
Cash and cash equivalents $ 23.0 $ 31.2
Accounts receivable, less allowances of $5.0 and $3.9, respectively 276.5 248.3
Inventories 459.5 452.0
Rotable spares and equipment on or available for short-term lease 113.1 118.3
Deposits, prepaids and other 29.7 31.9
Total current assets 901.8 881.7
Property, plant and equipment, net of accumulated depreciation of $423.1 and $437.7, respectively 213.9 238.1
Other assets:    
Goodwill 114.7 117.3
Intangible assets, net of accumulated amortization of $27.4 and $26.5, respectively 31.7 35.8
Equipment on or available for long-term lease 124.0 81.1
Investment in joint ventures 14.4 15.0
Other 86.1 87.0
Total other assets 370.9 336.2
Total assets 1,486.6 1,456.0
Current liabilities:    
Current maturities of long-term debt 7.0 12.0
Accounts and trade notes payable 179.5 166.3
Accrued liabilities 164.4 163.1
Total current liabilities 350.9 341.4
Long-term debt, less current maturities 154.1 136.1
Deferred tax liabilities 28.3 34.3
Other liabilities and deferred income 80.9 78.4
Total noncurrent liabilities 263.3 248.8
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 45,169,677 and 44,867,703 shares at cost, respectively 45.2 44.9
Capital surplus 454.7 451.3
Retained earnings 698.0 681.6
Treasury stock, 10,840,633 and 10,353,153 shares at cost, respectively (279.0) (267.6)
Accumulated other comprehensive loss (46.5) (44.4)
Total equity 872.4 865.8
Total liabilities and equity $ 1,486.6 $ 1,456.0