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Consolidated and Combined Statements of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
May 31, 2025
May 31, 2024
May 31, 2023
Income Statement [Abstract]      
Net sales $ 3,093.3 $ 3,430.6 $ 3,607.7
Cost of goods sold 2,704.7 2,990.8 3,271.2
Gross margin 388.6 439.8 336.5
Selling, general and administrative expense 231.6 224.4 200.8
Impairment of assets 7.4 1.4 2.1
Restructuring and other (income) expense, net 2.6 0.0 (4.2)
Separation costs 0.0 19.5 17.5
Operating income 147.0 194.5 120.3
Other income (expense):      
Miscellaneous income, net 3.8 5.3 3.7
Interest expense, net (7.1) (6.0) (3.0)
Equity in net income of unconsolidated affiliate 4.4 22.4 7.7
Earnings before income taxes 148.1 216.2 128.7
Income tax expense 28.8 46.1 29.0
Net earnings 119.3 170.1 99.7
Net earnings attributable to noncontrolling interests [1] 8.6 15.4 12.6
Net earnings attributable to controlling interest $ 110.7 $ 154.7 $ 87.1
Basic      
Weighted average common shares outstanding 49.5 49.3 49.3
Earnings per common share attributable to controlling interest $ 2.24 $ 3.14 $ 1.77
Diluted      
Weighted average common shares outstanding 50.5 49.8 49.3
Earnings per common share attributable to controlling interest $ 2.19 $ 3.11 $ 1.77
[1] Net earnings attributable to noncontrolling interests are not taxable to the Company.