CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Feb. 28, 2022	May 31, 2021	Feb. 28, 2021
Current Assets:
Cash and cash equivalents	$ 308.9	$ 366.5	$ 353.2
Accounts receivable, net	287.7	256.1	238.0
Inventories, net	299.4	269.7	304.8
Income tax receivable	22.9	88.8	101.3
Prepaid expenses and other current assets	72.4	47.2	61.0
Total current assets	991.3	1,028.3	1,058.3
Noncurrent Assets:
Property, plant and equipment, net	520.7	556.9	561.4
Prepublication costs, net	58.3	65.7	66.7
Operating lease right-of-use assets, net	69.3	78.6	76.8
Royalty advances, net	53.2	43.8	45.1
Goodwill	125.7	126.3	126.0
Noncurrent deferred income taxes	25.3	25.4	19.3
Other assets and deferred charges	96.7	83.3	81.4
Total noncurrent assets	949.2	980.0	976.7
Total assets	1,940.5	2,008.3	2,035.0
Current Liabilities:
Lines of credit and current portion of long-term debt	13.7	182.9	190.7
Accounts payable	173.4	138.0	134.3
Accrued royalties	84.2	45.5	77.6
Deferred revenue	176.8	99.1	121.9
Other accrued expenses	184.8	202.0	177.6
Accrued income taxes	3.9	3.0	3.6
Operating lease liabilities	22.4	25.0	24.3
Total current liabilities	659.2	695.5	730.0
Noncurrent Liabilities:
Total long-term debt	0.0	7.3	0.0
Operating lease liabilities	57.1	67.4	67.3
Other noncurrent liabilities	38.9	55.8	60.9
Total noncurrent liabilities	96.0	130.5	128.2
Commitments and Contingencies (see Note 6)	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
Additional paid-in capital	626.9	626.5	625.4
Accumulated other comprehensive income (loss)	(42.7)	(34.7)	(35.4)
Retained earnings	929.5	916.4	913.9
Treasury stock, at cost: 10.1, 10.2 and 10.2 shares, respectively	(330.3)	(327.8)	(328.9)
Total stockholders’ equity of Scholastic Corporation	1,183.8	1,180.8	1,175.4
Noncontrolling interest	1.5	1.5	1.4
Total stockholders’ equity	1,185.3	1,182.3	1,176.8
Total liabilities and stockholders’ equity	1,940.5	2,008.3	2,035.0
Common Class A
Stockholders’ Equity:
Common Stock, value	0.0	0.0	0.0
Common Stock
Stockholders’ Equity:
Common Stock, value	$ 0.4	$ 0.4	$ 0.4