Pension Plans (Tables)

9 Months Ended

Feb. 28, 2025

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 nine-month periods ended February 28, 2025 and February 29, 2024:

	U.S. Plans						Non-U.S. Plans
	Three Months Ended						Three Months Ended
(In thousands)	February 28,			February 29,			February 28,			February 29,
Pension Benefits	2025			2024			2025			2024
Service cost	$	10,804		$	10,913		$	1,120		$	887
Interest cost		9,795			8,992			1,963			1,935
Expected return on plan assets		(12,017	)		(10,518	)		(2,376	)		(2,400	)
Amortization of:
Prior service cost (credit)		1			1			(32	)		(31	)
Net actuarial losses recognized		2,153			4,205			294			209
Net Periodic Benefit Cost	$	10,736		$	13,593		$	969		$	600

	U.S. Plans						Non-U.S. Plans
	Three Months Ended						Three Months Ended
(In thousands)	February 28,			February 29,			February 28,			February 29,
Postretirement Benefits	2025			2024			2025			2024
Service cost	$	-		$	-		$	425		$	569
Interest cost		21			22			318			390
Amortization of:
Net actuarial (gains) recognized		(6	)		(4	)		(140	)		(12	)
Net Periodic Benefit Cost	$	15		$	18		$	603		$	947

	U.S. Plans						Non-U.S. Plans
	Nine Months Ended						Nine Months Ended
(In thousands)	February 28,			February 29,			February 28,			February 29,
Pension Benefits	2025			2024			2025			2024
Service cost	$	32,412		$	32,739		$	3,360		$	2,661
Interest cost		29,385			26,976			5,889			5,805
Expected return on plan assets		(36,051	)		(31,554	)		(7,128	)		(7,200	)
Amortization of:
Prior service cost (credit)		1			3			(96	)		(93	)
Net actuarial losses recognized		6,459			12,615			882			627
Net Periodic Benefit Cost	$	32,206		$	40,779		$	2,907		$	1,800

	U.S. Plans						Non-U.S. Plans
	Nine Months Ended						Nine Months Ended
(In thousands)	February 28,			February 29,			February 28,			February 29,
Postretirement Benefits	2025			2024			2025			2024
Service cost	$	-		$	-		$	1,275		$	1,707
Interest cost		63			66			954			1,170
Amortization of:
Net actuarial (gains) recognized		(18	)		(12	)		(420	)		(36	)
Net Periodic Benefit Cost	$	45		$	54		$	1,809		$	2,841