v3.26.1
Restructuring and Other (Income) Expense, Net (Tables)
12 Months Ended
May 31, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Progression of Liabilities Associated with Restructuring Activities, Combined with Reconciliation to Restructuring and Other (Income) Expense, Net

A progression of liabilities associated with restructuring activities, together with a reconciliation to restructuring and other (income) expense, net, financial statement caption in the Company’s consolidated statements of earnings for fiscal 2026, is summarized below:

 

 

 

Beginning

 

 

Expense

 

 

 

 

 

 

 

 

Ending

 

(In millions)

 

Balance

 

 

(Income)

 

 

Payments

 

 

Adjustments

 

 

Balance

 

Early retirement and severance

 

$

2.1

 

 

$

-

 

 

$

(1.7

)

 

$

-

 

 

$

0.4

 

Net gain on sale of assets

 

 

 

 

 

(7.0

)

 

 

 

 

 

 

 

 

 

Restructuring and other (income) expense, net

 

 

 

 

$

(7.0

)

 

 

 

 

 

 

 

 

 

A progression of liabilities associated with restructuring activities, together with a reconciliation to restructuring and other (income) expense, net, financial statement caption in the Company’s consolidated statements of earnings for fiscal 2025 is summarized below:

 

 

 

Beginning

 

 

Expense

 

 

 

 

 

 

 

 

Ending

 

(In millions)

 

Balance

 

 

(Income)

 

 

Payments

 

 

Adjustments

 

 

Balance

 

Early retirement and severance

 

$

-

 

 

$

2.6

 

 

$

(0.5

)

 

$

-

 

 

$

2.1

 

Restructuring and other (income) expense, net

 

 

 

 

$

2.6