v3.26.3
Acquisitions - Summary of Consideration Transferred and Estimated Fair Value Assigned to Assets Acquired and Liabilities Assumed (Details) - USD ($)
Jun. 03, 2026
Aug. 31, 2026
May 31, 2026
Recognized amounts of identifiable assets acquired and liabilities assumed      
Goodwill   $ 44,500,000 $ 44,500,000
Kloeckner      
Consideration Transferred      
Cash Consideration $ 670,000,000    
Fair value of previously held equity interest 106,400,000    
Total Consideration Transferred 776,400,000    
Recognized amounts of identifiable assets acquired and liabilities assumed      
Cash and cash equivalents 124,800,000    
Receivables 851,500,000    
Inventories 1,262,000,000    
Assets held for sale 51,500,000    
Prepaid expenses 77,200,000    
Other current assets 115,100,000    
Current assets of discontinued operations 164,900,000    
Operating lease right-of-use assets 291,400,000    
Finance lease right-of-use assets 14,700,000    
Property, plant and equipment 422,100,000    
Deferred income taxes 64,200,000    
Prepaid pension assets 333,900,000    
Other assets 33,500,000    
Non-current assets of discontinued operations 36,800,000    
Total identifiable assets 3,843,600,000    
Accounts payable (719,400,000)    
Short-term borrowings (465,000,000)    
Accrued compensation and related taxes (58,200,000)    
Other current liabilities (83,000,000)    
Current operating lease liabilities (28,900,000)    
Current finance lease liabilities (1,800,000)    
Current liabilities of discontinued operations (113,500,000)    
Non-current operating lease liabilities (262,800,000)    
Non-current finance lease liabilities (9,100,000)    
Deferred income tax liabilities (81,100,000)    
Long-term debt (707,700,000)    
Pension and other postretirement benefit obligations (19,000,000)    
Other non-current liabilities (9,200,000)    
Non-current liabilities of discontinued operations (9,400,000)    
Total identifiable liabilities (2,568,100,000)    
Kloeckner - Net identifiable assets 1,275,500,000    
Goodwill   $ 0  
Fair value of noncontrolling interest 499,100,000    
Total - Kloeckner $ 776,400,000