Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Feb. 29, 2024	May 31, 2023
Current assets:
Cash and cash equivalents	$ 69.2	$ 68.4
Restricted cash	14.4	13.4
Accounts receivable, less allowances of $13.9 and $13.4, respectively	257.1	241.3
Contract assets	86.5	86.9
Inventories	671.5	574.1
Rotable assets and equipment on or available for short-term lease	74.5	50.6
Assets of discontinued operations	10.8	13.5
Prepaid expenses and other current assets	56.7	49.7
Total current assets	1,240.7	1,097.9
Property, plant and equipment, at cost:
Property, plant, and equipment, net of accumulated depreciation of $278.2 and $268.8, respectively	134.1	126.1
Other assets:
Goodwill	179.4	175.8
Intangible assets, net of accumulated amortization of $9.3 and $6.0, respectively	60.4	63.7
Operating lease right-of-use assets, net	89.5	63.7
Rotable assets supporting long-term programs	177.9	178.1
Other non-current assets	139.8	127.8
Total other assets	647.0	609.1
Total assets	2,021.8	1,833.1
Current liabilities:
Accounts payable	230.3	158.5
Accrued liabilities	187.4	179.6
Liabilities of discontinued operations	10.5	13.4
Total current liabilities	428.2	351.5
Long-term debt	274.7	269.7
Operating lease liabilities	73.0	48.2
Deferred tax liabilities	37.0	33.6
Other liabilities	40.9	31.0
Total noncurrent liabilities	425.6	382.5
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	489.3	484.5
Retained earnings	947.8	910.6
Treasury stock, 9,873,730 and 10,385,237 shares at cost, respectively	(305.7)	(317.8)
Accumulated other comprehensive loss	(8.7)	(23.5)
Total equity	1,168.0	1,099.1
Total liabilities and equity	$ 2,021.8	$ 1,833.1