Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Aug. 31, 2025	May 31, 2025
Current assets:
Cash and cash equivalents	$ 80.0	$ 96.5
Restricted cash	11.6	12.7
Accounts receivable, less allowances of $12.4 and $10.7, respectively	363.5	354.8
Contract assets	146.7	140.3
Inventories	861.5	809.2
Prepaid expenses and other current assets	103.6	97.1
Total current assets	1,566.9	1,510.6
Property, plant, and equipment, net of accumulated depreciation of $285.1 and $278.7, respectively	161.9	158.5
Other assets:
Goodwill	543.1	530.8
Intangible assets, net of accumulated amortization of $33.6 and $29.5, respectively	225.9	219.6
Rotable assets supporting long-term programs	173.4	172.4
Operating lease right-of-use assets, net	91.0	93.3
Other non-current assets	167.5	159.4
Total other assets	1,200.9	1,175.5
Total assets	2,929.7	2,844.6
Current liabilities:
Accounts payable	313.5	303.1
Accrued liabilities	225.0	251.6
Total current liabilities	538.5	554.7
Long-term debt	1,022.1	968.0
Operating lease liabilities	77.9	79.6
Deferred tax liabilities	21.5	18.4
Other liabilities	20.4	12.3
Total noncurrent liabilities	1,141.9	1,078.3
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	503.5	505.2
Retained earnings	1,003.8	969.4
Treasury stock, 9,188,295 and 9,470,781 shares at cost, respectively	(298.1)	(302.7)
Accumulated other comprehensive loss	(5.2)	(5.6)
Total equity	1,249.3	1,211.6
Total liabilities and equity	$ 2,929.7	$ 2,844.6