Consolidated Balance Sheets - USD ($) $ in Millions	May 31, 2020	May 31, 2019
Current Assets:
Cash and cash equivalents	$ 393.8	$ 334.1
Accounts receivable, net	239.8	250.1
Inventories, net	270.6	323.7
Income tax receivable	90.0	10.3
Prepaid expenses and other current assets	41.1	42.4
Total current assets	1,035.3	960.6
Noncurrent Assets:
Property, plant and equipment, net	576.9	577.7
Prepublication costs, net	70.6	70.2
Operating lease right-of-use assets, net	95.3
Royalty advances, net	39.9	47.5
Goodwill	124.9	125.2
Noncurrent deferred income taxes	18.6	37.0
Other assets and deferred charges	72.1	60.3
Total noncurrent assets	998.3	917.9
Total assets	2,033.6	1,878.5
Current Liabilities:
Lines of credit and current portion of long-term debt	7.9	7.3
Accounts payable	153.6	195.3
Accrued royalties	37.8	41.9
Deferred revenue	116.5	130.8
Other accrued expenses	161.5	164.8
Accrued income taxes	1.4	1.4
Operating lease liabilities	22.8
Total current liabilities	501.5	541.5
Noncurrent Liabilities:
Long-term debt	210.6	0.0
Operating lease liabilities	75.7
Other noncurrent liabilities	65.2	64.2
Total noncurrent liabilities	351.5	64.2
Commitments and Contingencies:	0.0	0.0
Stockholders’ Equity:
Preferred Stock, $1.00 par value: Authorized, 2.0 shares; Issued and Outstanding, none	0.0	0.0
Additional paid-in capital	622.4	620.8
Accumulated other comprehensive income (loss)	(58.3)	(59.7)
Retained earnings	948.0	1,012.6
Treasury stock at cost	(333.3)	(302.6)
Total stockholders' equity of Scholastic Corporation	1,179.2	1,271.5
Noncontrolling interest	1.4	1.3
Total stockholders’ equity	1,180.6	1,272.8
Total liabilities and stockholders’ equity	2,033.6	1,878.5
Class A Stock [Member]
Stockholders’ Equity:
Common Stock	0.0	0.0
Common Stock [Member]
Stockholders’ Equity:
Common Stock	$ 0.4	$ 0.4