Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2018	May 31, 2018
Current assets:
Cash and cash equivalents	$ 96,843	$ 121,967
Receivables, less allowances of $622 and $632 at August 31, 2018 and May 31, 2018, respectively	564,612	572,689
Inventories:
Raw materials	270,126	237,471
Work in process	120,722	122,977
Finished products	103,268	93,579
Total inventories	494,116	454,027
Income taxes receivable	6,349	1,650
Assets held for sale	7,655	30,655
Prepaid expenses and other current assets	60,846	60,134
Total current assets	1,230,421	1,241,122
Investments in unconsolidated affiliates	221,144	216,010
Goodwill	344,467	345,183
Other intangible assets, net of accumulated amortization of $79,077 and $74,922 at August 31, 2018 and May 31, 2018, respectively	209,602	214,026
Other assets	20,478	20,476
Property, plant and equipment:
Land	24,193	24,229
Buildings and improvements	302,153	300,542
Machinery and equipment	1,040,410	1,030,720
Construction in progress	39,463	32,282
Total property, plant and equipment	1,406,219	1,387,773
Less: accumulated depreciation	822,156	802,803
Total property, plant and equipment, net	584,063	584,970
Total assets	2,610,175	2,621,787
Current liabilities:
Accounts payable	478,205	473,485
Accrued compensation, contributions to employee benefit plans and related taxes	66,055	96,487
Dividends payable	14,584	13,731
Other accrued items	59,383	57,125
Income taxes payable	2,042	4,593
Current maturities of long-term debt	1,327	1,474
Total current liabilities	621,596	646,895
Other liabilities	71,225	74,237
Distributions in excess of investment in unconsolidated affiliate	52,133	55,198
Long-term debt	748,731	748,894
Deferred income taxes, net	79,116	60,188
Total liabilities	1,572,801	1,585,412
Shareholders' equity - controlling interest	919,519	918,769
Noncontrolling interests	117,855	117,606
Total equity	1,037,374	1,036,375
Total liabilities and equity	$ 2,610,175	$ 2,621,787