CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Aug. 31, 2022	May 31, 2022	Aug. 31, 2021
Current Assets:
Cash and cash equivalents	$ 239.7	$ 316.6	$ 308.6
Accounts receivable, net	242.9	299.4	244.3
Inventories, net	379.1	281.4	298.1
Income tax receivable	40.4	26.8	35.4
Prepaid expenses and other current assets	89.4	68.1	71.7
Assets Held-for-sale, Not Part of Disposal Group, Current	0.0	3.7	0.0
Total current assets	991.5	996.0	958.1
Noncurrent Assets:
Property, plant and equipment, net	512.6	517.0	550.6
Prepublication costs, net	53.6	55.5	63.0
Operating lease right-of-use assets, net	77.9	81.9	71.7
Royalty advances, net	57.6	49.2	47.8
Goodwill	124.7	125.3	125.9
Noncurrent deferred income taxes	21.1	21.5	25.1
Other assets and deferred charges	92.7	94.4	83.1
Total noncurrent assets	940.2	944.8	967.2
Total assets	1,931.7	1,940.8	1,925.3
Current Liabilities:
Lines of credit and current portion of long-term debt	6.3	6.5	89.5
Accounts payable	208.9	162.3	185.6
Accrued royalties	85.0	61.3	65.8
Deferred revenue	182.6	172.8	125.5
Other accrued expenses	162.6	193.3	168.2
Accrued income taxes	1.7	2.7	3.2
Operating lease liabilities	21.2	20.8	23.8
Total current liabilities	668.3	619.7	661.6
Noncurrent Liabilities:
Total long-term debt	0.0	0.0	0.0
Operating lease liabilities	65.8	69.8	60.0
Other noncurrent liabilities	31.3	32.9	54.1
Total noncurrent liabilities	97.1	102.7	114.1
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	629.5	627.0	627.6
Accumulated other comprehensive income (loss)	(55.0)	(45.4)	(40.4)
Retained earnings	924.1	976.5	887.0
Treasury stock, at cost: 10.2, 10.4 and 10.2 shares, respectively	(334.2)	(341.5)	(326.3)
Total stockholders’ equity of Scholastic Corporation	1,164.8	1,217.0	1,148.3
Noncontrolling interest	1.5	1.4	1.3
Total stockholders’ equity	1,166.3	1,218.4	1,149.6
Total liabilities and stockholders’ equity	1,931.7	1,940.8	1,925.3
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