XML 44 R33.htm IDEA: XBRL DOCUMENT v3.19.1
Basis of Presentation (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Feb. 28, 2019
Nov. 30, 2018
Aug. 31, 2018
Feb. 28, 2018
Nov. 30, 2017
Aug. 31, 2017
Feb. 28, 2019
Feb. 28, 2018
Jun. 01, 2018
May 31, 2018
New accounting pronouncements adopted                    
Revenue, practical expedient application of ASC 606             true      
Accounts receivable, net $ 237.6           $ 237.6   $ 170.6 $ 202.0
Inventories 514.7           514.7   443.4 460.7
Contract assets - current 54.9           54.9   49.6  
Other current assets 39.3           39.3   25.3 26.2
Other non-current assets 67.5           67.5   99.9 118.9
Accrued liabilities 115.0           115.0   147.4 138.3
Deferred tax liabilities                 9.1 15.7
Other liabilities and deferred income                 61.1 62.2
Deferred revenue on long-term contracts 89.0           89.0     35.8
Retained earnings 689.6           689.6   712.8 $ 733.2
Sales 529.5     $ 456.3     1,489.1 $ 1,274.8    
Cost of sales 444.2           1,254.3      
Gross profit 85.3     77.6     234.8 209.9    
Provision for income taxes (benefit) (0.6)     (9.8)     4.7 1.4    
Income from continuing operations 27.4     31.3     57.5 55.6    
Cash flows provided from operating activities:                    
Net income (loss) (37.4) $ 7.0 $ 15.1 15.5 $ (22.5) $ 10.6 (15.3) 3.6    
Income from continuing operations 27.4     $ 31.3     57.5 55.6    
Accounts receivable             (73.3) 34.8    
Contract assets             (5.2)      
Inventories             (71.8) (36.7)    
Accrued and other liabilities             2.8 (12.0)    
Other             34.7 $ (17.8)    
ASC 606 Adjustments                    
New accounting pronouncements adopted                    
Accounts receivable, net                 (31.4)  
Inventories                 (17.3)  
Contract assets - current                 49.6  
Other current assets                 (0.9)  
Other non-current assets                 (19.0)  
Accrued liabilities                 9.1  
Deferred tax liabilities                 (6.6)  
Other liabilities and deferred income                 (1.1)  
Retained earnings                 (20.4)  
ASC 606 Adjustments | Other contracts                    
New accounting pronouncements adopted                    
Retained earnings                 22.1  
ASC 606 Adjustments | Repair services                    
New accounting pronouncements adopted                    
Retained earnings                 1.3  
ASC 606 Adjustments | Manufacturing products                    
New accounting pronouncements adopted                    
Retained earnings                 $ 0.4  
ASU 2014-09 | ASC 606 Adjustments                    
New accounting pronouncements adopted                    
Accounts receivable, net 39.5           39.5      
Inventories 21.4           21.4      
Contract assets - current (54.9)           (54.9)      
Other current assets 0.2           0.2      
Other non-current assets 24.1           24.1      
Accrued liabilities (3.1)           (3.1)      
Deferred tax liabilities 6.6           6.6      
Deferred revenue on long-term contracts 7.4           7.4      
Retained earnings 19.4           19.4      
Sales 0.1           (5.3)      
Cost of sales (1.0)           (4.1)      
Gross profit 1.1           (1.2)      
Provision for income taxes (benefit) 0.2           (0.3)      
Income from continuing operations 0.9           (0.9)      
Cash flows provided from operating activities:                    
Net income (loss)             (0.9)      
Income from continuing operations 0.9           (0.9)      
Accounts receivable             (8.1)      
Contract assets             5.2      
Inventories             (4.1)      
Accrued and other liabilities             6.0      
Other             1.9      
ASU 2014-09 | Balances Excluding ASC 606                    
New accounting pronouncements adopted                    
Accounts receivable, net 277.1           277.1      
Inventories 536.1           536.1      
Other current assets 39.5           39.5      
Other non-current assets 91.6           91.6      
Accrued liabilities 111.9           111.9      
Deferred tax liabilities 6.6           6.6      
Deferred revenue on long-term contracts 96.4           96.4      
Retained earnings 709.0           709.0      
Sales 529.6           1,483.8      
Cost of sales 443.2           1,250.2      
Gross profit 86.4           233.6      
Provision for income taxes (benefit) (0.4)           4.4      
Income from continuing operations 28.3           56.6      
Cash flows provided from operating activities:                    
Net income (loss)             (16.2)      
Income from continuing operations 28.3           56.6      
Accounts receivable             (81.4)      
Inventories             (75.9)      
Accrued and other liabilities             8.8      
Other             36.6      
ASU 2017-07 | Other expense, net                    
New accounting pronouncements adopted                    
Pension income $ 0.1           $ 0.7