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PENSION AND POSTRETIREMENT HEALTH CARE BENEFITS (Tables)
6 Months Ended
Nov. 30, 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 and six month periods ended November 30, 2011 and 2010:

 

Pension Benefits

   U.S. Plans     Non-U.S. Plans  
     Quarter Ended
November 30,
    Quarter Ended
November 30,
 
(In thousands)    2011     2010     2011     2010  

Service cost

   $ 4,976     $ 4,240     $ 966     $ 831  

Interest cost

     3,827       3,435       2,041       1,783  

Expected return on plan assets

     (4,354     (3,140     (2,037     (1,656

Amortization of:

        

Prior service cost

     88       89       3       2  

Net actuarial losses recognized

     2,128       1,979       559       585  
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Periodic Benefit Cost

   $ 6,665     $ 6,603     $ 1,532     $ 1,545  
  

 

 

   

 

 

   

 

 

   

 

 

 

Postretirement Benefits

   U.S. Plans     Non-U.S. Plans  
     Quarter Ended
November 30,
    Quarter Ended
November 30,
 
(In thousands)    2011     2010     2011     2010  

Service cost

   $ —        $ 1     $ 192     $ 170  

Interest cost

     104       110       249       213  

Amortization of:

        

Prior service cost

     (21     (22    

Net actuarial (gains) losses recognized

     (15     (47     19       20  
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Periodic Benefit Cost

   $ 68     $ 42     $ 460     $ 403  
  

 

 

   

 

 

   

 

 

   

 

 

 

Pension Benefits

   U.S. Plans     Non-U.S. Plans  
     Six Months Ended
November 30,
    Six Months Ended
November 30,
 
(In thousands)    2011     2010     2011     2010  

Service cost

   $ 9,953     $ 8,479     $ 1,931     $ 1,661  

Interest cost

     7,654       6,869       4,081       3,565  

Expected return on plan assets

     (8,708     (6,279     (4,073     (3,311

Amortization of:

        

Prior service cost

     176       179       6       5  

Net actuarial losses recognized

     4,255       3,959       1,119       1,170  
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Periodic Benefit Cost

   $ 13,330     $ 13,207     $ 3,064     $ 3,090  
  

 

 

   

 

 

   

 

 

   

 

 

 

Postretirement Benefits

   U.S. Plans     Non-U.S. Plans  
     Six Months Ended
November 30,
    Six Months Ended
November 30,
 
(In thousands)    2011     2010     2011     2010  

Service cost

   $ —        $ 2     $ 384     $ 339  

Interest cost

     208       220       499       426  

Amortization of:

        

Prior service cost

     (43     (43    

Net actuarial (gains) losses recognized

     (29     (95     37       41  
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Periodic Benefit Cost

   $ 136     $ 84     $ 920     $ 806