Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2020	May 31, 2020
Current assets:
Cash and cash equivalents	$ 713,130	$ 147,198
Receivables, less allowances of $1,291 and $1,521 at November 30, 2020 and May 31, 2020, respectively	441,936	341,038
Inventories:
Raw materials	152,824	234,629
Work in process	82,747	76,497
Finished products	68,872	93,975
Total inventories	304,443	405,101
Income taxes receivable	3,247	8,376
Assets held for sale	12,893	12,928
Investment in Nikola	143,850
Prepaid expenses and other current assets	68,371	68,538
Total current assets	1,687,870	983,179
Investments in unconsolidated affiliates	209,952	203,329
Operating lease assets	30,007	31,557
Goodwill	320,014	321,434
Other intangible assets, net of accumulated amortization of $86,489 and $92,774 at November 30, 2020 and May 31, 2020, respectively	174,376	184,416
Other assets	32,842	34,956
Property, plant and equipment:
Land	23,592	24,197
Buildings and improvements	292,544	302,796
Machinery and equipment	1,082,979	1,055,139
Construction in progress	63,526	52,231
Total property, plant and equipment	1,462,641	1,434,363
Less: accumulated depreciation	890,317	861,719
Total property, plant and equipment, net	572,324	572,644
Total assets	3,027,385	2,331,515
Current liabilities:
Accounts payable	337,976	247,017
Accrued compensation, contributions to employee benefit plans and related taxes	101,812	64,650
Dividends payable	14,843	14,648
Other accrued items	51,439	49,974
Current operating lease liabilities	10,954	10,851
Income taxes payable	39,990	949
Current maturities of long-term debt	160	149
Total current liabilities	557,174	388,238
Other liabilities	85,105	75,786
Distributions in excess of investment in unconsolidated affiliate	107,951	103,837
Long-term debt	707,340	699,516
Noncurrent operating lease liabilities	23,695	25,763
Deferred income taxes, net	115,649	71,942
Total liabilities	1,596,914	1,365,082
Shareholders' equity - controlling interest	1,276,899	820,821
Noncontrolling interests	153,572	145,612
Total equity	1,430,471	966,433
Total liabilities and equity	$ 3,027,385	$ 2,331,515