Pension Plans (Tables)

6 Months Ended

Nov. 30, 2022

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-month periods ended November 30, 2022 and 2021:

	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	2022			2021			2022			2021
Service cost	$	10,890		$	11,914		$	951		$	1,348
Interest cost		7,173			3,842			1,728			1,282
Expected return on plan assets		(9,536	)		(10,386	)		(1,727	)		(2,073	)
Amortization of:
Prior service cost (credit)		-			1			(27	)		(38	)
Net actuarial losses recognized		4,487			4,225			125			114
Net Periodic Benefit Cost	$	13,014		$	9,596		$	1,050		$	633

	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	2022			2021			2022			2021
Service cost	$	-		$	-		$	287		$	432
Interest cost		21			10			368			299
Amortization of:
Prior service (credit)		(30	)		(40	)		-			-
Net actuarial losses (gains) recognized		11			15			(14	)		32
Net Periodic Benefit Cost (Credit)	$	2		$	(15	)	$	641		$	763

	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	2022			2021			2022			2021
Service cost	$	21,780		$	23,828		$	1,902		$	2,696
Interest cost		14,346			7,684			3,456			2,564
Expected return on plan assets		(19,072	)		(20,772	)		(3,454	)		(4,146	)
Amortization of:
Prior service cost (credit)		-			2			(54	)		(76	)
Net actuarial losses recognized		8,974			8,450			250			228
Net Periodic Benefit Cost	$	26,028		$	19,192		$	2,100		$	1,266

	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	2022			2021			2022			2021
Service cost	$	-		$	-		$	574		$	864
Interest cost		42			20			736			598
Amortization of:
Prior service (credit)		(60	)		(80	)		-			-
Net actuarial losses (gains) recognized		22			30			(28	)		64
Net Periodic Benefit Cost (Credit)	$	4		$	(30	)	$	1,282		$	1,526