Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 28, 2021	May 31, 2020
Current assets:
Cash and cash equivalents	$ 649,505	$ 147,198
Receivables, less allowances of $1,291 and $1,521 at November 30, 2020 and May 31, 2020, respectively	525,768	341,038
Inventories:
Raw materials	172,735	234,629
Work in process	135,233	76,497
Finished products	105,213	93,975
Total inventories	413,181	405,101
Income taxes receivable	3,351	8,376
Assets held for sale	21,202	12,928
Prepaid expenses and other current assets	73,909	68,538
Total current assets	1,686,916	983,179
Investments in unconsolidated affiliates	220,415	203,329
Operating lease assets	33,245	31,557
Goodwill	358,543	321,434
Other intangible assets, net of accumulated amortization of $86,489 and $92,774 at November 30, 2020 and May 31, 2020, respectively	245,543	184,416
Other assets	32,986	34,956
Property, plant and equipment:
Land	23,159	24,197
Buildings and improvements	288,009	302,796
Machinery and equipment	1,105,686	1,055,139
Construction in progress	48,972	52,231
Total property, plant and equipment	1,465,826	1,434,363
Less: accumulated depreciation	905,601	861,719
Total property, plant and equipment, net	560,225	572,644
Total assets	3,137,873	2,331,515
Current liabilities:
Accounts payable	412,793	247,017
Accrued compensation, contributions to employee benefit plans and related taxes	112,781	64,650
Dividends payable	14,847	14,648
Other accrued items	48,475	49,974
Current operating lease liabilities	10,396	10,851
Income taxes payable	37,516	949
Current maturities of long-term debt	453	149
Total current liabilities	637,261	388,238
Other liabilities	87,419	75,786
Distributions in excess of investment in unconsolidated affiliate	104,391	103,837
Long-term debt	708,511	699,516
Noncurrent operating lease liabilities	26,440	25,763
Deferred income taxes, net	110,666	71,942
Total liabilities	1,674,688	1,365,082
Shareholders' equity - controlling interest	1,311,790	820,821
Noncontrolling interests	151,395	145,612
Total equity	1,463,185	966,433
Total liabilities and equity	$ 3,137,873	$ 2,331,515