Consolidated Balance Sheets (USD $) In Thousands	Aug. 31, 2011	May 31, 2011
Current assets:
Cash and cash equivalents	$ 36,875	$ 56,167
Receivables, less allowances of $4,081 and $4,150 at August 31, 2011 and May 31, 2011	353,247	388,550
Inventories:
Raw materials	186,505	189,450
Work in process	100,754	98,940
Finished products	90,513	82,440
Total inventories	377,772	370,830
Income taxes receivable	2,066	1,356
Assets held for sale	29,213	9,681
Deferred income taxes	22,695	28,297
Prepaid expenses and other current assets	36,774	36,754
Total current assets	858,642	891,635
Investments in unconsolidated affiliates	234,767	232,149
Goodwill	97,041	93,633
Other intangible assets, net of accumulated amortization of $11,723 and $12,688 at August 31, 2011 and May 31, 2011	40,195	19,958
Other assets	23,427	24,540
Property, plant and equipment, net	391,349	405,334
Total assets	1,645,421	1,667,249
Liabilities and equity
Accounts payable	219,481	253,404
Short-term borrowings	209,205	132,956
Accrued compensation, contributions to employee benefit plans and related taxes	37,018	72,312
Dividends payable	8,471	7,175
Other accrued items	37,808	52,023
Income taxes payable	394	7,132
Total current liabilities	512,377	525,002
Other liabilities	65,270	67,309
Long-term debt	250,258	250,254
Deferred income taxes	86,021	83,981
Total liabilities	913,926	926,546
Shareholders' equity - controlling interest	681,955	689,910
Noncontrolling interest	49,540	50,793
Total equity	731,495	740,703
Total liabilities and equity	$ 1,645,421	$ 1,667,249