v3.26.1
Segment Information and Geographic Data - Schedule of Significant Expenses Provided to CODM for Reportable Segment (Details) - USD ($)
12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Net sales $ 3,443,800,000 $ 3,093,300,000 $ 3,430,600,000
Cost of goods sold:      
Material cost 2,331,100,000 2,082,000,000 2,366,900,000
Direct labor, manufacturing expenses, and other [1] 709,400,000 622,700,000 623,900,000
Total cost of goods sold 3,040,500,000 2,704,700,000 2,990,800,000
Gross margin 403,300,000 388,600,000 439,800,000
Selling, general and administrative expense 297,400,000 231,600,000 224,400,000
Impairment of goodwill 53,800,000 [2] 0 0
Impairment of long-lived assets and other assets 60,500,000 7,400,000 1,400,000
Restructuring and other (income) expense, net (7,000,000) 2,600,000 0
Separation costs 0 0 19,500,000
Operating income (loss) (1,400,000) 147,000,000 194,500,000
Other income (expense):      
Miscellaneous income, net 16,600,000 3,800,000 5,300,000
Interest expense, net (28,400,000) (7,100,000) (6,000,000)
Equity in net income of unconsolidated affiliate 20,300,000 4,400,000 22,400,000
Earnings before income taxes 7,100,000 148,100,000 216,200,000
Income tax expense 20,000,000 28,800,000 46,100,000
Net earnings (loss) (12,900,000) 119,300,000 170,100,000
Net earnings (loss) attributable to noncontrolling interests (21,400,000) 8,600,000 15,400,000
Net earnings attributable to controlling interest $ 8,500,000 $ 110,700,000 $ 154,700,000
[1] Includes expenses related to manufacturing profit sharing and bonus.
[2] A pre-tax goodwill impairment charge of $53.8 million that fully impaired the goodwill assigned to the Electrical Steel reporting unit.