Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2017	May 31, 2017
Current assets:
Cash and cash equivalents	$ 122,214	$ 278,081
Receivables, less allowances of $3,127 and $3,444 at November 30, 2017 and May 31, 2017, respectively	507,704	486,730
Inventories:
Raw materials	228,568	185,001
Work in process	108,260	95,630
Finished products	79,180	73,303
Total inventories	416,008	353,934
Income taxes receivable	10,858	7,164
Assets held for sale	3,740	9,654
Prepaid expenses and other current assets	51,204	55,406
Total current assets	1,111,728	1,190,969
Investments in unconsolidated affiliates	213,814	208,591
Goodwill	350,117	247,673
Other intangible assets, net of accumulated amortization of $71,580 and $63,134 at November 30, 2017 and May 31, 2017, respectively	239,934	82,781
Other assets	28,369	24,841
Property, plant and equipment:
Land	27,381	22,077
Buildings and improvements	311,685	297,951
Machinery and equipment	1,035,787	961,542
Construction in progress	34,015	27,616
Total property, plant and equipment	1,408,868	1,309,186
Less: accumulated depreciation	781,117	738,697
Total property, plant and equipment, net	627,751	570,489
Total assets	2,571,713	2,325,344
Current liabilities:
Accounts payable	363,032	368,071
Short-term borrowings	723	123
Accrued compensation, contributions to employee benefit plans and related taxes	74,404	86,201
Dividends payable	13,815	13,698
Other accrued items	59,255	41,551
Income taxes payable	2,027	4,448
Current maturities of long-term debt	13,193	6,691
Total current liabilities	526,449	520,783
Other liabilities	68,672	61,498
Distributions in excess of investment in unconsolidated affiliate	61,085	63,038
Long-term debt	766,737	571,796
Deferred income taxes, net	105,987	34,300
Total liabilities	1,528,930	1,251,415
Shareholders' equity - controlling interest	919,287	951,635
Noncontrolling interests	123,496	122,294
Total equity	1,042,783	1,073,929
Total liabilities and equity	$ 2,571,713	$ 2,325,344