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Leases
12 Months Ended
May 31, 2013
Leases

NOTE L—LEASES

We lease certain property, plant and equipment under long-term operating lease agreements, some of which provide for increased rental payments based upon increases in the cost-of-living index. The following table illustrates our future minimum lease commitments under all non-cancelable lease agreements, for each of the next five years and in the aggregate, as of May 31, 2013:

 

May 31,

      
(In thousands)       

2014

   $ 44,021  

2015

     35,870  

2016

     27,198  

2017

     19,428  

2018

     15,282  

Thereafter

     51,834  
  

 

 

 

Total Minimum Lease Commitments

   $ 193,633  
  

 

 

 

Total rental expense for all operating leases amounted to $46.5 million, $40.6 million and $41.4 million for the fiscal years ended May 31, 2013, 2012 and 2011, respectively.