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Pension Plans (Tables)
3 Months Ended
Aug. 31, 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 month periods ended August 31, 2014 and 2013:

 

     U.S. Plans     Non-U.S. Plans  
     Three Months Ended     Three Months Ended  
     August 31,     August 31,  

Pension Benefits

   2014     2013     2014     2013  
(In thousands)                         

Service cost

   $ 7,564     $ 6,764     $ 1,231     $ 1,109  

Interest cost

     5,002       4,510       1,891       1,800  

Expected return on plan assets

     (6,034     (5,190     (2,296     (2,095

Amortization of:

        

Prior service cost

     74       83       10       1  

Net actuarial losses recognized

     3,472       3,306       487       623  
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Periodic Benefit Cost

   $ 10,078     $ 9,473     $ 1,323     $ 1,438  
  

 

 

   

 

 

   

 

 

   

 

 

 

 

    U.S. Plans     Non-U.S. Plans  
    Three Months Ended     Three Months Ended  
    August 31,     August 31,  

Postretirement Benefits

    2014         2013         2014         2013    
(In thousands)                        

Service cost

  $ —       $ —       $ 313     $ 327  

Interest cost

    66       81       308       317  

Amortization of:

       

Prior service (credit)

    (62     (22    

Net actuarial (gains) losses recognized

    (34     (29     104       133  
 

 

 

   

 

 

   

 

 

   

 

 

 

Net Periodic Benefit Cost

  $ (30   $ 30     $ 725     $ 777