CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	May 31, 2023	May 31, 2022
Current assets:
Cash and cash equivalents	$ 68.4	$ 53.5
Restricted cash	13.4	5.4
Accounts receivable, net	241.3	214.0
Contract assets	86.9	73.6
Inventories	574.1	550.5
Rotable assets and equipment on or available for short-term lease	50.6	53.6
Assets of discontinued operations	13.5	16.2
Prepaid expenses and other current assets	49.7	40.4
Total current assets	1,097.9	1,007.2
Property, plant and equipment, at cost:
Land	3.3	3.3
Buildings and improvements	95.9	94.7
Equipment and furniture and fixtures	295.7	269.9
Property, plant and equipment, gross	394.9	367.9
Accumulated depreciation	(268.8)	(258.3)
Property, plant and equipment, net	126.1	109.6
Other assets:
Goodwill	175.8	116.4
Intangible assets, net	63.7	3.3
Operating lease right-of-use assets, net	63.7	73.0
Rotable assets supporting long-term programs	178.1	166.6
Other non-current assets	127.8	97.8
Total other assets	609.1	457.1
Total assets	1,833.1	1,573.9
Current liabilities:
Accounts payable	158.5	156.4
Accrued liabilities	179.6	174.6
Liabilities of discontinued operations	13.4	17.2
Total current liabilities	351.5	348.2
Long-term debt	269.7	98.9
Operating lease liabilities	48.2	57.4
Deferred tax liabilities	33.6	20.0
Other liabilities	31.0	14.9
Total noncurrent liabilities	382.5	191.2
Equity:
Preferred stock, $1.00 par value, authorized 250,000 shares; none issued
Common stock, $1.00 par value, authorized 100,000,000 shares; issued 45,300,786 shares at cost	45.3	45.3
Capital surplus	484.5	477.5
Retained earnings	910.6	820.4
Treasury stock, 10,385,237 and 9,909,702 shares at cost, respectively	(317.8)	(289.1)
Accumulated other comprehensive loss	(23.5)	(19.6)
Total equity	1,099.1	1,034.5
Total liabilities and equity	$ 1,833.1	$ 1,573.9