XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 28, 2019
May 31, 2018
Current assets:    
Cash and cash equivalents $ 28.9 $ 31.1
Restricted cash 21.5 10.5
Accounts receivable, less allowances of $15.0 and $7.5, respectively 237.6 202.0
Contract assets 54.9  
Inventories 514.7 460.7
Rotable assets and equipment on or available for short-term lease 68.3 87.2
Assets of discontinued operations 28.2 125.0
Other current assets 39.3 26.2
Total current assets 993.4 942.7
Property, plant and equipment, net of accumulated depreciation of $226.4 and $214.4, respectively 134.4 133.2
Other assets:    
Goodwill 117.4 118.7
Intangible assets, net of accumulated amortization of $30.7 and $33.3, respectively 24.4 27.8
Rotable assets supporting long-term programs 209.4 183.4
Other non-current assets 67.5 118.9
Total other assets 418.7 448.8
Total assets 1,546.5 1,524.7
Current liabilities:    
Accounts and trade notes payable 218.6 170.0
Accrued liabilities 115.0 138.3
Liabilities of discontinued operations 26.0 25.0
Total current liabilities 359.6 333.3
Long-term debt 177.2 177.2
Deferred revenue on long-term contracts 89.0 35.8
Deferred tax liabilities   15.7
Other liabilities 21.3 26.4
Total noncurrent liabilities 287.5 255.1
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 45,300,786 shares at cost 45.3 45.3
Capital surplus 474.8 470.5
Retained earnings 689.6 733.2
Treasury stock, 10,234,217 and 10,585,165 shares at cost, respectively (278.5) (280.7)
Accumulated other comprehensive loss (31.8) (32.0)
Total equity 899.4 936.3
Total liabilities and equity $ 1,546.5 $ 1,524.7