CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Aug. 31, 2021	May 31, 2021	Aug. 31, 2020
Current Assets:
Cash and cash equivalents	$ 308.6	$ 366.5	$ 355.5
Accounts receivable, net	244.3	256.1	219.6
Inventories, net	298.1	269.7	323.2
Income tax receivable	35.4	88.8	103.2
Prepaid expenses and other current assets	71.7	47.2	53.7
Total current assets	958.1	1,028.3	1,055.2
Property, plant and equipment, net	550.6	556.9	573.0
Prepublication costs, net	63.0	65.7	69.7
Operating lease right-of-use assets, net	71.7	78.6	96.4
Royalty advances, net	47.8	43.8	42.0
Goodwill	125.9	126.3	125.6
Noncurrent deferred income taxes	25.1	25.4	19.1
Other assets and deferred charges	83.1	83.3	75.3
Total noncurrent assets	967.2	980.0	1,001.1
Total assets	1,925.3	2,008.3	2,056.3
Current Liabilities:
Lines of credit and current portion of long-term debt	89.5	182.9	19.9
Accounts payable	185.6	138.0	168.3
Accrued royalties	65.8	45.5	56.2
Deferred revenue	125.5	99.1	127.6
Other accrued expenses	168.2	202.0	166.6
Accrued income taxes	3.2	3.0	1.8
Operating lease liabilities	23.8	25.0	23.1
Total current liabilities	661.6	695.5	563.5
Noncurrent Liabilities:
Total long-term debt	0.0	7.3	200.0
Operating lease liabilities	60.0	67.4	77.1
Other noncurrent liabilities	54.1	55.8	68.3
Total noncurrent liabilities	114.1	130.5	345.4
Commitments and Contingencies (see Note 5)	0.0	0.0	0.0
Stockholders’ Equity:
Preferred Stock, $1.00 par value: Authorized, 2.0 shares; Issued and Outstanding, none	0.0	0.0	0.0
Common Stock, value	0.4	0.4	0.4
Additional paid-in capital	627.6	626.5	622.8
Accumulated other comprehensive income (loss)	(40.4)	(34.7)	(47.5)
Retained earnings	887.0	916.4	903.1
Treasury stock, at cost: 10.2, 10.2 and 10.4 shares, respectively	(326.3)	(327.8)	(332.8)
Total stockholders’ equity of Scholastic Corporation	1,148.3	1,180.8	1,146.0
Noncontrolling interest	1.3	1.5	1.4
Total stockholders’ equity	1,149.6	1,182.3	1,147.4
Total liabilities and stockholders’ equity	1,925.3	2,008.3	2,056.3
Common Class A
Stockholders’ Equity:
Common Stock, value	$ 0.0	$ 0.0	$ 0.0