Consolidated Balance Sheets - USD ($) $ in Millions	Nov. 30, 2024	May 31, 2024
Current assets:
Cash and cash equivalents	$ 52.0	$ 40.2
Receivables, less allowances of $4.9 and $3.2, respectively	372.9	472.6
Inventories:
Raw materials	135.9	150.2
Work in process	127.5	176.8
Finished products	79.6	78.3
Total inventories	343.0	405.3
Income taxes receivable	9.2	4.2
Assets held for sale	1.8	2.9
Prepaid expenses and other current assets	78.5	76.6
Total current assets	857.4	1,001.8
Investment in unconsolidated affiliate	130.4	135.0
Operating lease assets	68.8	72.9
Goodwill	79.5	79.6
Other intangible assets, net of accumulated amortization of $48.4 and $45.3, respectively	73.9	77.0
Deferred income taxes	8.5	8.5
Other assets	15.6	16.8
Property, plant and equipment:
Land	37.7	37.9
Buildings and improvements	178.3	177.1
Machinery and equipment	924.0	893.8
Construction in progress	110.0	83.6
Total property, plant and equipment	1,250.0	1,192.4
Less: accumulated depreciation	744.8	717.6
Total property, plant and equipment, net	505.2	474.8
Total assets	1,739.3	1,866.4
Current liabilities:
Accounts payable	285.5	380.4
Short-term borrowings	115.0	148.0
Accrued compensation, contributions to employee benefit plans and related taxes	34.1	52.8
Dividends payable	9.0	8.7
Other accrued items	15.5	15.7
Current operating lease liabilities	7.4	7.6
Income taxes payable	1.2	5.2
Total current liabilities	467.7	618.4
Other liabilities	35.3	34.3
Noncurrent operating lease liabilities	64.6	68.3
Deferred income taxes, net	26.6	27.9
Total liabilities	594.2	748.9
Preferred shares, without par value; authorized - 1,000,000 shares; issued or outstanding - 0 shares
Common shares, without par value; authorized - 150,000,000 shares; issued and outstanding 49,482,982 shares and 49,331,514 shares, respectively	0.0	0.0
Additional Paid-in Capital	909.6	905.3
Retained Earnings	111.0	86.1
Accumulated other comprehensive income (loss), net of taxes of $(1.5) and $(1.7), respectively	(9.8)	(6.1)
Total Shareholders' equity - controlling interest	1,010.8	985.3
Noncontrolling interests	134.3	132.2
Total equity	1,145.1	1,117.5
Total liabilities and equity	$ 1,739.3	$ 1,866.4