CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Feb. 28, 2023	May 31, 2022	Feb. 28, 2022
Current Assets:
Cash and cash equivalents	$ 198.8	$ 316.6	$ 308.9
Accounts receivable, net	261.7	299.4	287.7
Inventories, net	367.5	281.4	299.4
Income tax receivable	28.5	26.8	22.9
Prepaid expenses and other current assets	71.4	68.1	72.4
Assets held for sale	0.0	3.7	0.0
Total current assets	927.9	996.0	991.3
Noncurrent Assets:
Property, plant and equipment, net	510.5	517.0	520.7
Prepublication costs, net	54.0	55.5	58.3
Operating lease right-of-use assets, net	75.3	81.9	69.3
Royalty advances, net	59.6	49.2	53.2
Goodwill	131.9	125.3	125.7
Noncurrent deferred income taxes	21.4	21.5	25.3
Other assets and deferred charges	96.9	94.4	96.7
Total noncurrent assets	949.6	944.8	949.2
Total assets	1,877.5	1,940.8	1,940.5
Current Liabilities:
Lines of credit and current portion of long-term debt	5.2	6.5	13.7
Accounts payable	158.4	162.3	173.4
Accrued royalties	83.2	61.3	84.2
Deferred revenue	203.0	172.8	176.8
Other accrued expenses	163.9	193.3	184.8
Accrued income taxes	1.4	2.7	3.9
Operating lease liabilities	21.8	20.8	22.4
Total current liabilities	636.9	619.7	659.2
Noncurrent Liabilities:
Total long-term debt	0.0	0.0	0.0
Operating lease liabilities	62.8	69.8	57.1
Other noncurrent liabilities	27.9	32.9	38.9
Total noncurrent liabilities	90.7	102.7	96.0
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	630.6	627.0	626.9
Accumulated other comprehensive income (loss)	(53.1)	(45.4)	(42.7)
Retained earnings	966.4	976.5	929.5
Treasury stock, at cost: 11.5, 10.4 and 10.1 shares, respectively	(395.9)	(341.5)	(330.3)
Total stockholders’ equity of Scholastic Corporation	1,148.4	1,217.0	1,183.8
Noncontrolling interest	1.5	1.4	1.5
Total stockholders’ equity	1,149.9	1,218.4	1,185.3
Total liabilities and stockholders’ equity	1,877.5	1,940.8	1,940.5
Common Class A
Stockholders’ Equity:
Common Stock, value	0.0	0.0	0.0
Common Class B
Stockholders’ Equity:
Common Stock, value	$ 0.4	$ 0.4	$ 0.4