CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Oct. 28, 2023	Apr. 29, 2023
Current assets:
Cash and cash equivalents	$ 122.5	$ 157.0
Accounts receivable, net	292.3	314.3
Inventories	183.9	159.7
Income tax receivable	16.7	12.9
Prepaid expenses and other current assets	21.1	20.5
Total current assets	636.5	664.4
Long-term assets:
Property, plant and equipment, net	224.6	220.3
Goodwill	220.7	301.9
Other intangible assets, net	264.7	256.7
Operating lease right-of-use assets, net	26.9	28.4
Deferred tax assets	33.0	33.6
Pre-production costs	44.5	36.1
Other long-term assets	34.0	37.7
Total long-term assets	848.4	914.7
Total assets	1,484.9	1,579.1
Current liabilities:
Accounts payable	133.5	138.7
Accrued employee liabilities	29.0	36.7
Other accrued liabilities	38.7	34.5
Short-term operating lease liabilities	6.6	6.8
Short-term debt	3.0	3.2
Income tax payable	7.5	8.1
Total current liabilities	218.3	228.0
Long-term liabilities:
Long-term debt	329.0	303.6
Long-term operating lease liabilities	20.9	21.8
Long-term income tax payable	9.3	16.7
Other long-term liabilities	16.5	14.3
Deferred tax liabilities	46.0	41.8
Total long-term liabilities	421.7	398.2
Total liabilities	640.0	626.2
Redeemable noncontrolling interest		11.1
Shareholders' equity:
Common stock, $0.50 par value, 100,000,000 shares authorized, 37,034,050 shares and 37,167,375 shares issued as of October 28, 2023 and April 29, 2023, respectively	18.5	18.6
Additional paid-in capital	183.8	181.0
Accumulated other comprehensive loss	(42.9)	(19.0)
Treasury stock, 1,346,624 shares as of October 28, 2023 and April 29, 2023	(11.5)	(11.5)
Retained earnings	697.0	772.7
Total shareholders' equity	844.9	941.8
Total liabilities and shareholders' equity	$ 1,484.9	$ 1,579.1