Consolidated Balance Sheets - USD ($) $ in Millions	May 31, 2025	May 31, 2024
Current assets:
Cash and cash equivalents	$ 38.0	$ 40.2
Restricted cash	54.9	0.0
Receivables, less allowances of $3.8 and $3.2, respectively	438.7	472.6
Inventories:
Raw materials	179.4	150.2
Work in process	165.6	176.8
Finished products	77.0	78.3
Total inventories	422.0	405.3
Income taxes receivable	0.1	4.2
Assets held for sale	11.5	2.9
Prepaid expenses and other current assets	83.3	76.6
Total current assets	1,048.5	1,001.8
Investment in unconsolidated affiliate	126.6	135.0
Operating lease right-of-use assets	72.6	72.9
Goodwill	79.6	79.6
Other intangible assets, net of accumulated amortization of $50.3 and $45.3, respectively	67.9	77.0
Deferred income taxes	11.4	8.5
Other assets	7.0	16.8
Property, plant and equipment:
Land	38.6	37.9
Buildings and improvements	190.4	177.1
Machinery and equipment	942.6	893.8
Construction in progress	132.7	83.6
Total property, plant and equipment	1,304.3	1,192.4
Less: accumulated depreciation	756.1	717.6
Total property, plant and equipment, net	548.2	474.8
Total assets	1,961.8	1,866.4
Current liabilities:
Accounts payable	402.5	380.4
Short-term borrowings	149.2	148.0
Accrued compensation, contributions to employee benefit plans and related taxes	43.0	52.8
Dividends payable	9.3	8.7
Other accrued items	15.3	15.7
Current operating lease liabilities	7.7	7.6
Income taxes payable	4.5	5.2
Total current liabilities	631.5	618.4
Other liabilities	32.8	34.3
Long-term debt	2.3	0.0
Noncurrent operating lease liabilities	68.7	68.3
Deferred income taxes	28.6	27.9
Total liabilities	763.9	748.9
Shareholders' equity - controlling interest:
Preferred shares, without par value; authorized - 1,000,000 shares; no shares issued or outstanding
Common shares, without par value; authorized - 150,000,000 shares; issued and outstanding 49,548,895 shares and 49,331,514 shares, respectively
Additional paid-in capital	913.9	905.3
Retained earnings	164.2	86.1
Accumulated other comprehensive loss, net of taxes of $(2.0) and $(1.7), respectively	(4.0)	(6.1)
Total shareholders' equity - controlling interest	1,074.1	985.3
Noncontrolling interests	123.8	132.2
Total equity	1,197.9	1,117.5
Total liabilities and equity	$ 1,961.8	$ 1,866.4