Effective June 1, 2021, the start of fiscal 2022, our legacy Pressure Cylinders segment was divided into three new reportable segments: Consumer Products, Building Products and Sustainable Energy Solutions.

On May 19, 2022, we established a revolving trade accounts receivable securitization facility allowing us to borrow up to $175.0 million. Refer to " Note I - Debt and Receivables Securitization " for additional information.

1 2021/2020 figures based on revised actuals 2 CRU Hot-Rolled Index; period average 3 IHS Global 4 LME Zinc; period average 5 NYMEX Henry Hub Natural Gas; period average 6 Energy Information Administration; period average

The following table presents the average quarterly market price per ton of hot-rolled steel during fiscal 2022, fiscal 2021 and fiscal 2020:

Building Products - Net sales increased 34.8%, or $139.8 million, over fiscal 2021 to $541.8 million . The increase was driven by higher average selling prices, and to a lesser extent, higher volume.

Selling, General and Administrative Expense

(In millions) 2022 2021 (Decrease) Miscellaneous income, net $ 2.7 $ 2.2 $ 0.5 Gain on investment in Nikola - 655.1 (655.1 )

The following table provides a reconciliation of net earnings attributable to controlling interest to adjusted EBIT for the periods presented:

Net earnings attributable to controlling interest $ 379.4 $

(655.1 ) Adjusted earnings before interest and taxes (adjusted EBIT) (1)

(1) Excludes the impact of the noncontrolling interests.

The following table provides a summary of adjusted EBIT by segment, along with the respective percentage of the total of each, for the periods presented.

Steel Processing - Adjusted EBIT was down $4.9 million from fiscal 2021 to $203.3 million, as the favorable impact of acquisitions and higher average selling prices was more than offset by lower inventory holding gains, down an estimated $53.1 million from fiscal 2021.

Other - Adjusted EBIT was favorable by $19.1 million over fiscal 2020. The improvement was driven by the divestiture of non-accretive assets in fiscal 2021.

Building Products - Net sales increased 4.9%, or $18.6 million, over fiscal 2020. The increase was driven by increased volume of refrigerant and heating tanks.

Selling, General and Administrative Expense

Miscellaneous income, net decreased $6.9 million from fiscal 2020 when we recognized a $6.1 million gain to remeasure our previously held equity interest in Samuel, which was consolidated effective December 31, 2019.

In connection with the early redemption of the 2020 Notes, a loss on extinguishment of debt of $4.0 million was recognized and presented separately in our consolidated statement of earnings for fiscal 2020.

Net earnings attributable to controlling interest $ 723.8 $

Adjusted earnings before interest and taxes (adjusted EBIT) (1)

The following table provides a summary of adjusted EBIT by segment, along with the respective percentage of the total of each, for the periods presented.

Consumer Products - Adjusted EBIT was up $9.5 million over fiscal 2020 to $74.9 million on the combined impact of higher volume and improved product mix.

Sustainable Energy Solutions - Adjusted EBIT of $5.0 million was flat versus prior year as the favorable impact of higher volume was offset by higher manufacturing expenses.

Other - Adjusted EBIT was a loss of $10.5 million, $3.4 million higher than the loss incurred in fiscal 2020 due to higher operating losses generated from divested business which historically reported within our legacy Pressure Cylinders segment.

Net cash provided by operating activities $ 70.1 $ 274.4 $ 336.7 Net cash provided (used) by investing activities (438.2 ) 468.5

Cash and cash equivalents at beginning of period 640.3 147.2

Cash and cash equivalents at end of period $ 34.5 $ 640.3 $ 147.2

As discussed in " Note H - Guarantees ," we had in place $16.6 million in outstanding letters of credit for third-party beneficiaries as of May 31, 2022. No amounts were drawn against at May 31, 2022, and the fair value of these guarantee instruments, based on premiums paid, was not material.

During fiscal 2022 and fiscal 2021, we repurchased 3,235,000 and 4,018,464 common shares under the authorizations described above, having an aggregate cost of $180.2 million and $192.1 million, respectively.

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