Inventories

6 Months Ended

Nov. 30, 2021

Inventories

Inventories

Note 8 – Inventories

The summary of inventories is as follows:

	November 30,		May 31,
	2021		2021
Aircraft and engine parts, components and finished goods	$	453.1	$	468.4
Raw materials and parts		58.7		53.0
Work-in-process		19.9		19.2
	$	531.7	$	540.6

During the three-month period ended November 30, 2020, we decided to exit a product line in our engineering operations and recognized a $1.2 million charge to reserve against the remaining inventory.