CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Nov. 30, 2022	Nov. 30, 2021
Cash flows - operating activities:
Net income (loss) attributable to Scholastic Corporation	$ 29.8	$ 44.1
Adjustments to reconcile Net income (loss) to net cash provided by (used in) operating activities:
Provision for losses on accounts receivable	1.3	5.8
Provision for losses on inventory	9.6	9.0
Provision for losses on royalty advances	1.8	1.7
Amortization of prepublication costs	12.4	13.5
Depreciation and amortization	32.2	32.9
Amortization of pension and postretirement plans	(0.2)	(0.0)
Deferred income taxes	(0.4)	(0.5)
Stock-based compensation	5.9	4.5
Income from equity-method investments	1.3	1.6
(Gain) loss on sale of assets	0.0	6.2
Changes in assets and liabilities, net of amounts acquired:
Accounts receivable	(50.4)	(124.6)
Inventories	(112.0)	(23.0)
Prepaid expenses and other current assets	(8.9)	(17.9)
Income tax receivable	9.3	76.2
Royalty advances	(10.8)	(10.6)
Accounts payable	51.0	44.7
Accrued income taxes	(0.4)	1.8
Accrued royalties	8.9	19.1
Deferred revenue	60.6	94.0
Other accrued expenses	(13.3)	(12.1)
Other, net	(3.8)	(9.2)
Net cash provided by (used in) operating activities	21.3	141.6
Cash flows - investing activities:
Prepublication expenditures	(11.0)	(8.7)
Additions to property, plant and equipment	(24.1)	(18.8)
Net proceeds from sale of assets	0.0	10.4
Other investment and acquisition-related payments	(10.7)	(0.1)
Net cash provided by (used in) investing activities	(45.8)	(17.2)
Cash flows - financing activities:
Borrowings under lines of credit, credit agreement and revolving loan	2.0	1.8
Repayments of lines of credit, credit agreement and revolving loan	3.5	177.0
Repayment of capital lease obligations	(1.1)	(1.1)
Reacquisition of common stock	(29.7)	(4.2)
Proceeds pursuant to stock-based compensation plans	15.3	3.0
Payment of dividends	(12.0)	(10.3)
Other	0.0	(0.1)
Net cash provided by (used in) financing activities	(29.0)	(187.9)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	(2.0)	(2.3)
Net increase (decrease) in cash and cash equivalents	(55.5)	(65.8)
Cash and cash equivalents at beginning of period	316.6	366.5
Cash and cash equivalents at end of period	$ 261.1	$ 300.7