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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 28, 2017
May 31, 2016
Current assets:    
Cash and cash equivalents $ 10.1 $ 31.2
Accounts receivable, less allowances of $5.3 and $3.9, respectively 264.6 248.3
Inventories 465.6 452.0
Rotable spares and equipment on or available for short-term lease 124.8 118.3
Deposits, prepaids and other 28.0 31.9
Total current assets 893.1 881.7
Property, plant and equipment, net of accumulated depreciation of $437.1 and $437.7, respectively 211.9 238.1
Other assets:    
Goodwill 114.6 117.3
Intangible assets, net of accumulated amortization of $28.4 and $26.5, respectively 30.7 35.8
Equipment on or available for long-term lease 148.6 81.1
Investment in joint ventures 12.7 15.0
Other 90.5 87.0
Total other assets 397.1 336.2
Total assets 1,502.1 1,456.0
Current liabilities:    
Current maturities of long-term debt 2.0 12.0
Accounts and trade notes payable 194.6 166.3
Accrued liabilities 146.2 163.1
Total current liabilities 342.8 341.4
Long-term debt, less current maturities 168.7 136.1
Deferred tax liabilities 28.7 34.3
Other liabilities and deferred income 76.2 78.4
Total noncurrent liabilities 273.6 248.8
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 457.3 451.3
Retained earnings 709.2 681.6
Treasury stock, 10,845,526 and 10,353,153 shares at cost, respectively (279.6) (267.6)
Accumulated other comprehensive loss (46.4) (44.4)
Total equity 885.7 865.8
Total liabilities and equity $ 1,502.1 $ 1,456.0