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Pension Plans (Tables)
9 Months Ended
Feb. 28, 2014
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 nine month periods ended February 28, 2014:

 

    U.S. Plans     Non-U.S. Plans  
    Three Months Ended     Three Months Ended  
    February 28,     February 28,  

Pension Benefits

  2014     2013     2014     2013  
(In thousands)                        

Service cost

  $ 6,764     $ 6,488     $ 1,109     $ 1,050  

Interest cost

    4,510       4,060       1,799       1,769  

Expected return on plan assets

    (5,190     (4,358     (2,096     (1,846

Amortization of:

       

Prior service cost

    84       87       1       2  

Net actuarial losses recognized

    3,305       4,222       624       692  
 

 

 

   

 

 

   

 

 

   

 

 

 

Net Periodic Benefit Cost

  $ 9,473     $ 10,499     $ 1,437     $ 1,667  
 

 

 

   

 

 

   

 

 

   

 

 

 
     U.S. Plans     Non-U.S. Plans  
     Three Months Ended     Three Months Ended  
     February 28,     February 28,  

Postretirement Benefits

   2014     2013     2014     2013  
(In thousands)                         

Service cost

   $ —       $ —       $ 327     $ 288  

Interest cost

     81       88       317       289  

Amortization of:

        

Prior service (credit)

     (22     (22    

Net actuarial (gains) losses recognized

     (29     4       134       114  
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Periodic Benefit Cost

   $ 30     $ 70     $ 778     $ 691  
  

 

 

   

 

 

   

 

 

   

 

 

 
     U.S. Plans     Non-U.S. Plans  
     Nine Months Ended     Nine Months Ended  
     February 28,     February 28,  

Pension Benefits

   2014     2013     2014     2013  
(In thousands)                         

Service cost

   $ 20,292     $ 19,464     $ 3,327     $ 3,150  

Interest cost

     13,530       12,180       5,398       5,307  

Expected return on plan assets

     (15,571     (13,074     (6,287     (5,538

Amortization of:

        

Prior service cost

     251       261       3       6  

Net actuarial losses recognized

     9,916       12,666       1,871       2,076  
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Periodic Benefit Cost

   $ 28,418     $ 31,497     $ 4,312     $ 5,001  
  

 

 

   

 

 

   

 

 

   

 

 

 
     U.S. Plans     Non-U.S. Plans  
     Nine Months Ended     Nine Months Ended  
     February 28,     February 28,  

Postretirement Benefits

   2014     2013     2014     2013  
(In thousands)                         

Service cost

   $ —       $ —       $ 981     $ 864  

Interest cost

     243       264       951       867  

Amortization of:

        

Prior service (credit)

     (66     (66     —         —    

Net actuarial (gains) losses recognized

     (87     12       401       342  
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Periodic Benefit Cost

   $ 90     $ 210     $ 2,333     $ 2,073