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PENSION AND POSTRETIREMENT HEALTH CARE BENEFITS (Tables)
3 Months Ended
Aug. 31, 2011
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, 2011 and 2010:

 

Pension Benefits

   U.S. Plans     Non-U.S. Plans  
     Quarter Ended
August 31,
    Quarter Ended
August 31,
 
(In thousands)    2011     2010     2011     2010  

Service cost

   $ 4,977     $ 4,239     $ 965     $ 830  

Interest cost

     3,827       3,434       2,040       1,782  

Expected return on plan assets

     (4,354     (3,139     (2,036     (1,655

Amortization of:

        

Prior service cost

     88       90       3       3  

Net actuarial losses recognized

     2,127       1,980       560       585  
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Periodic Benefit Cost

   $ 6,665     $ 6,604     $ 1,532     $ 1,545  
  

 

 

   

 

 

   

 

 

   

 

 

 

Postretirement Benefits

   U.S. Plans     Non-U.S. Plans  
     Quarter Ended
August 31,
    Quarter Ended
August 31,
 
(In thousands)    2011     2010     2011     2010  

Service cost

   $ —        $ 1     $ 192     $ 169  

Interest cost

     104       110       250       213  

Amortization of:

        

Prior service cost

     (22     (21    

Net actuarial (gains) losses recognized

     (14     (48     18       21  
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Periodic Benefit Cost

   $ 68     $ 42     $ 460     $ 403