Pension Plans (Tables)

6 Months Ended

Nov. 30, 2021

Retirement Benefits [Abstract]

Retirement-Related Benefit Plans' Impact on Income Before Income Taxes

The following tables provide the retirement-related benefit plans’ impact on income before income taxes for the three and six months ended November 30, 2021 and 2020:

	U.S. Plans						Non-U.S. Plans
	Three Months Ended						Three Months Ended
(In thousands)	November 30,			November 30,			November 30,			November 30,
Pension Benefits	2021			2020			2021			2020
Service cost	$	11,914		$	11,130		$	1,348		$	1,406
Interest cost		3,842			3,806			1,282			1,122
Expected return on plan assets		(10,386	)		(8,279	)		(2,073	)		(1,607	)
Amortization of:
Prior service cost (credit)		1			2			(38	)		(35	)
Net actuarial losses recognized		4,225			7,501			114			526
Net Periodic Benefit Cost	$	9,596		$	14,160		$	633		$	1,412

	U.S. Plans						Non-U.S. Plans
	Three Months Ended						Three Months Ended
(In thousands)	November 30,			November 30,			November 30,		November 30,
Postretirement Benefits	2021			2020			2021		2020
Service cost	$	-		$	-		$	432	$	431
Interest cost		10			19			299		283
Amortization of:
Prior service (credit)		(40	)		(42	)		-		-
Net actuarial losses recognized		15			10			32		130
Net Periodic Benefit (Credit) Cost	$	(15	)	$	(13	)	$	763	$	844

	U.S. Plans						Non-U.S. Plans
	Six Months Ended						Six Months Ended
(In thousands)	November 30,			November 30,			November 30,			November 30,
Pension Benefits	2021			2020			2021			2020
Service cost	$	23,828		$	22,260		$	2,696		$	2,812
Interest cost		7,684			7,612			2,564			2,244
Expected return on plan assets		(20,772	)		(16,558	)		(4,146	)		(3,214	)
Amortization of:
Prior service cost (credit)		2			4			(76	)		(70	)
Net actuarial losses recognized		8,450			15,002			228			1,052
Net Periodic Benefit Cost	$	19,192		$	28,320		$	1,266		$	2,824

	U.S. Plans						Non-U.S. Plans
	Six Months Ended						Six Months Ended
(In thousands)	November 30,			November 30,			November 30,		November 30,
Postretirement Benefits	2021			2020			2021		2020
Service cost	$	-		$	-		$	864	$	862
Interest cost		20			38			598		566
Amortization of:
Prior service (credit)		(80	)		(84	)		-		-
Net actuarial losses recognized		30			20			64		260
Net Periodic Benefit (Credit) Cost	$	(30	)	$	(26	)	$	1,526	$	1,688