Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2021	May 31, 2021
Current assets:
Cash and cash equivalents	$ 399,246	$ 640,311
Receivables, less allowances of $466 and $608 at August 31, 2021 and May31, 2021, respectively	718,368	639,964
Inventories:
Raw materials	327,463	266,208
Work in process	290,789	183,413
Finished products	124,156	115,133
Total inventories	742,408	564,754
Income taxes receivable		1,958
Assets held for sale	39,744	51,956
Prepaid expenses and other current assets	70,544	69,049
Total current assets	1,970,310	1,967,992
Investments in unconsolidated affiliates	259,132	233,126
Operating lease assets	93,616	35,101
Goodwill	375,196	351,056
Other intangible assets, net of accumulated amortization of $83,562 and $80,513 at August 31,2021 and May 31, 2021, respectively	270,223	240,387
Other assets	31,010	30,566
Property, plant and equipment:
Land	21,566	21,744
Buildings and improvements	270,723	271,196
Machinery and equipment	1,087,757	1,046,065
Construction in progress	59,962	53,903
Total property, plant and equipment	1,440,008	1,392,908
Less: accumulated depreciation	891,740	877,891
Total property, plant and equipment, net	548,268	515,017
Total assets	3,547,755	3,373,245
Current liabilities:
Accounts payable	653,377	567,392
Accrued compensation, contributions to employee benefit plans and related taxes	91,521	137,698
Dividends payable	16,273	16,536
Other accrued items	51,710	52,250
Current operating lease liabilities	11,608	9,947
Income taxes payable	39,477	3,620
Current maturities of long-term debt	291	458
Total current liabilities	864,257	787,901
Other liabilities	78,008	82,824
Distributions in excess of investment in unconsolidated affiliate	92,917	99,669
Long-term debt	706,130	710,031
Noncurrent operating lease liabilities	83,827	27,374
Deferred income taxes, net	115,984	113,751
Total liabilities	1,941,123	1,821,550
Shareholders' equity - controlling interest	1,453,343	1,398,193
Noncontrolling interests	153,289	153,502
Total equity	1,606,632	1,551,695
Total liabilities and equity	$ 3,547,755	$ 3,373,245