NOTE 13 — PENSION PLANS

We offer defined benefit pension plans, defined contribution pension plans, as well as several unfunded health care benefit plans primarily for certain of our retired employees. 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, 2012 and 2011:


	U.S. Plans						Non-U.S. Plans
	Three Months Ended November 30,						Three Months Ended November 30,
Pension Benefits	2012			2011			2012			2011
	(In thousands)
Service cost	$	6,488		$	4,976		$	1,050		$	966
Interest cost		4,060			3,827			1,769			2,041
Expected return on plan assets		(4,358	)		(4,354	)		(1,846	)		(2,037	)
Amortization of:
Prior service cost		87			88			2			3
Net actuarial losses recognized		4,222			2,128			692			559

Net Periodic Benefit Cost	$	10,499		$	6,665		$	1,667		$	1,532


	U.S. Plans						Non-U.S. Plans
	Three Months Ended November 30,						Three Months Ended November 30,
Postretirement Benefits	2012			2011			2012			2011
	(In thousands)
Service cost	$	—		$	—		$	288		$	192
Interest cost		88			104			289			249
Amortization of:
Prior service (credit)		(22	)		(21	)
Net actuarial (gains) losses recognized		4			(15	)		114			19

Net Periodic Benefit Cost	$	70		$	68		$	691		$	460


	U.S. Plans						Non-U.S. Plans
	Six Months Ended November 30,						Six Months Ended November 30,
Pension Benefits	2012			2011			2012			2011
	(In thousands)
Service cost	$	12,976		$	9,953		$	2,100		$	1,931
Interest cost		8,120			7,654			3,538			4,081
Expected return on plan assets		(8,716	)		(8,708	)		(3,692	)		(4,073	)
Amortization of:
Prior service cost		174			176			4			6
Net actuarial losses recognized		8,444			4,255			1,384			1,119

Net Periodic Benefit Cost	$	20,998		$	13,330		$	3,334		$	3,064

	U.S. Plans						Non-U.S. Plans
	Six Months Ended November 30,						Six Months Ended November 30,
Postretirement Benefits	2012			2011			2012			2011
	(In thousands)
Service cost	$	—		$	—		$	576		$	384
Interest cost		176			208			578			499
Amortization of:
Prior service (credit)		(44	)		(43	)
Net actuarial (gains) losses recognized		8			(29	)		228			37

Net Periodic Benefit Cost	$	140		$	136		$	1,382		$	920

We previously disclosed in our financial statements for the fiscal year ended May 31, 2012 that we expected to contribute approximately $29.9 million to our retirement plans in the U.S. and approximately $8.3 million to plans outside the U.S. during the current fiscal year. As of November 30, 2012, we expect to contribute $5.4 million less to our retirement plans in the U.S., for a total of $24.5 million.