Pension Plans (Tables)

3 Months Ended

Aug. 31, 2023

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-month periods ended August 31, 2023 and 2022:

	U.S. Plans						Non-U.S. Plans
	Three Months Ended						Three Months Ended
(In thousands)	August 31,			August 31,			August 31,			August 31,
Pension Benefits	2023			2022			2023			2022
Service cost	$	10,913		$	10,890		$	887		$	951
Interest cost		8,992			7,173			1,935			1,728
Expected return on plan assets		(10,518	)		(9,536	)		(2,400	)		(1,727	)
Amortization of:
Prior service cost (credit)		1			-			(31	)		(27	)
Net actuarial losses recognized		4,205			4,487			209			125
Net Periodic Benefit Cost	$	13,593		$	13,014		$	600		$	1,050

	U.S. Plans						Non-U.S. Plans
	Three Months Ended						Three Months Ended
(In thousands)	August 31,			August 31,			August 31,			August 31,
Postretirement Benefits	2023			2022			2023			2022
Service cost	$	-		$	-		$	569		$	287
Interest cost		22			21			390			368
Amortization of:
Prior service (credit)		-			(30	)		-			-
Net actuarial (gains) losses recognized		(4	)		11			(12	)		(14	)
Net Periodic Benefit Cost	$	18		$	2		$	947		$	641