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PENSION PLANS (Tables)
6 Months Ended
Nov. 30, 2012
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, 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