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Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
May 31, 2022
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) consists of the following components:

 

 

 

 

 

 

Pension And

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Postretirement

 

 

Unrealized

 

 

Unrealized

 

 

 

 

 

 

Foreign

 

 

Benefit

 

 

Gain

 

 

Gain (Loss)

 

 

 

 

 

 

Currency

 

 

Liability

 

 

(Loss) On

 

 

On

 

 

 

 

 

 

Translation

 

 

Adjustments,

 

 

Derivatives,

 

 

Securities,

 

 

 

 

(In thousands)

 

Adjustments

 

 

Net of Tax

 

 

Net of Tax

 

 

Net of Tax

 

 

Total

 

Balance at June 1, 2019

 

$

(370,495

)

 

$

(211,645

)

 

$

4,379

 

 

$

133

 

 

$

(577,628

)

Reclassification adjustments for gains (losses) included
 in net income, net of taxes of $
0

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Other comprehensive income

 

 

(71,820

)

 

 

(86,347

)

 

 

(6,315

)

 

 

1,210

 

 

 

(163,272

)

Deferred taxes

 

 

1,583

 

 

 

20,275

 

 

 

1,865

 

 

 

(320

)

 

 

23,403

 

Balance at May 31, 2020

 

 

(440,732

)

 

 

(277,717

)

 

 

(71

)

 

 

1,023

 

 

 

(717,497

)

Reclassification adjustments for gains included in net
   income, net of taxes of $
77

 

 

-

 

 

 

-

 

 

 

-

 

 

 

191

 

 

 

191

 

Other comprehensive income

 

 

148,360

 

 

 

113,984

 

 

 

(31,087

)

 

 

(1,052

)

 

 

230,205

 

Deferred taxes

 

 

(7,993

)

 

 

(26,877

)

 

 

7,176

 

 

 

(89

)

 

 

(27,783

)

Balance at May 31, 2021

 

 

(300,365

)

 

 

(190,610

)

 

 

(23,982

)

 

 

73

 

 

 

(514,884

)

Reclassification adjustments for gains included in net
   income, net of taxes of $
2

 

 

-

 

 

 

-

 

 

 

-

 

 

 

57

 

 

 

57

 

Other comprehensive income

 

 

(98,834

)

 

 

49,078

 

 

 

48,572

 

 

 

(1,785

)

 

 

(2,969

)

Deferred taxes

 

 

3,726

 

 

 

(11,851

)

 

 

(11,419

)

 

 

3

 

 

 

(19,541

)

Balance at May 31, 2022

 

$

(395,473

)

 

$

(153,383

)

 

$

13,171

 

 

$

(1,652

)

 

$

(537,337

)