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Pension Plans (Tables)
3 Months Ended
Aug. 31, 2025
Retirement Benefits [Abstract]  
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, 2025 and 2024:

 

U.S. Plans

 

Non-U.S. Plans

 

 

Three Months Ended

 

Three Months Ended

 

(In thousands)

August 31,

 

August 31,

 

August 31,

 

August 31,

 

Pension Benefits

2025

 

2024

 

2025

 

2024

 

Service cost

$

10,863

 

$

10,804

 

$

1,467

 

$

1,120

 

Interest cost

 

9,484

 

 

9,795

 

 

2,028

 

 

1,963

 

Expected return on plan assets

 

(13,326

)

 

(12,017

)

 

(2,506

)

 

(2,376

)

Amortization of:

 

 

 

 

 

 

 

 

Prior service cost (credit)

 

1

 

 

1

 

 

(25

)

 

(32

)

Net actuarial losses recognized

 

1,448

 

 

2,153

 

 

323

 

 

294

 

Net Periodic Benefit Cost

$

8,470

 

$

10,736

 

$

1,287

 

$

969

 

 

 

U.S. Plans

 

Non-U.S. Plans

 

 

Three Months Ended

 

Three Months Ended

 

(In thousands)

August 31,

 

August 31,

 

August 31,

 

August 31,

 

Postretirement Benefits

2025

 

2024

 

2025

 

2024

 

Service cost

$

-

 

$

-

 

$

234

 

$

425

 

Interest cost

 

12

 

 

21

 

 

272

 

 

318

 

Amortization of:

 

 

 

 

 

 

 

 

Net actuarial losses (gains) recognized

 

9

 

 

(6

)

 

(256

)

 

(140

)

Net Periodic Benefit Cost

$

21

 

$

15

 

$

250

 

$

603