Combined Balance Sheets - USD ($) $ in Millions	Nov. 30, 2023	May 31, 2023
Current assets:
Cash and cash equivalents	$ 214.4	$ 32.7
Receivables, less allowances of $2.2 and $2.6 at November 30, 2023 and May 31, 2023, respectively	426.0	468.0
Inventories:
Raw materials	160.1	173.9
Work in process	137.3	164.1
Finished products	76.4	76.8
Total inventories	373.8	414.8
Income taxes receivable	4.1	4.3
Assets held for sale	1.8	3.4
Prepaid expenses and other current assets	66.4	57.7
Total current assets	1,086.5	980.9
Investment in unconsolidated affiliate	127.4	114.6
Operating lease assets	72.1	75.3
Goodwill	79.2	78.6
Other intangible assets, net of accumulated amortization of $42.1 and $38.9 at November 30, 2023 and May 31, 2023, respectively	80.2	83.4
Deferred income taxes	6.3	6.3
Other assets	12.3	10.9
Property, plant and equipment:
Land	38.7	37.6
Buildings and improvements	171.5	168.6
Machinery and equipment	868.6	847.5
Construction in progress	42.1	20.3
Total property, plant and equipment	1,120.9	1,074.0
Less: accumulated depreciation	687.5	659.6
Total property, plant and equipment, net	433.4	414.4
Total assets	1,897.4	1,764.4
Current liabilities:
Accounts payable	349.9	402.2
Short-term borrowings	175.0	2.8
Accrued compensation, contributions to employee benefit plans and related taxes	29.9	31.9
Other accrued items	14.7	15.6
Current operating lease liabilities	5.8	5.9
Current maturities of long-term debt due to Worthington Enterprises, Inc.	20.0	20.0
Total current liabilities	595.3	478.4
Other liabilities	34.6	33.6
Noncurrent operating lease liabilities	69.0	71.7
Deferred income taxes, net	27.0	26.1
Total liabilities	725.9	609.8
Preferred shares, without par value; authorized - 1,000,000 shares and no shares at November 30, 2023 and May 31, 2023, respectively; no shares issued or outstanding
Common shares, without par value; authorized - 150,000,000 shares at November 30, 2023; issued and outstanding 49,286,517 shares and 100 shares at November 30, 2023 and May 31, 2023, respectively
Net Worthington Enterprises, Inc. investment	1,039.5	1,031.1
Accumulated other comprehensive income (loss), net of taxes of $(3.5) and $(2.6) at November 30, 2023 and May 31, 2023, respectively	0.8	(2.1)
Total Shareholders' equity - controlling interest	1,040.3	1,029.0
Noncontrolling interests	131.2	125.6
Total equity	1,171.5	1,154.6
Total liabilities and equity	$ 1,897.4	$ 1,764.4