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Pension Plans (Tables)
9 Months Ended
Feb. 29, 2016
Compensation And Retirement Disclosure [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 and nine months ended February 29, 2016 and February 28, 2015:

 

 

 

U.S. Plans

 

 

Non-U.S. Plans

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

February 29,

 

 

February 28,

 

 

February 29,

 

 

February 28,

 

Pension Benefits

 

2016

 

 

2015

 

 

2016

 

 

2015

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

8,202

 

 

$

7,604

 

 

$

1,067

 

 

$

1,231

 

Interest cost

 

 

4,499

 

 

 

5,046

 

 

 

1,319

 

 

 

1,891

 

Expected return on plan assets

 

 

(6,437

)

 

 

(6,102

)

 

 

(1,978

)

 

 

(2,296

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost

 

 

58

 

 

 

75

 

 

 

 

 

 

 

10

 

Net actuarial losses recognized

 

 

4,190

 

 

 

3,502

 

 

 

455

 

 

 

536

 

Net Periodic Benefit Cost

 

$

10,512

 

 

$

10,125

 

 

$

863

 

 

$

1,372

 

 

 

 

U.S. Plans

 

 

Non-U.S. Plans

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

February 29,

 

 

February 28,

 

 

February 29,

 

 

February 28,

 

Postretirement Benefits

 

2016

 

 

2015

 

 

2016

 

 

2015

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

-

 

 

$

-

 

 

$

281

 

 

$

313

 

Interest cost

 

 

59

 

 

 

66

 

 

 

221

 

 

 

308

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service (credit)

 

 

(62

)

 

 

(62

)

 

 

 

 

 

 

 

 

Net actuarial (gains) losses recognized

 

 

 

 

 

 

(34

)

 

 

61

 

 

 

104

 

Net Periodic Benefit Cost

 

$

(3

)

 

$

(30

)

 

$

563

 

 

$

725

 

 

 

 

U.S. Plans

 

 

Non-U.S. Plans

 

 

 

Nine Months Ended

 

 

Nine Months Ended

 

 

 

February 29,

 

 

February 28,

 

 

February 29,

 

 

February 28,

 

Pension Benefits

 

2016

 

 

2015

 

 

2016

 

 

2015

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

24,606

 

 

$

22,732

 

 

$

3,201

 

 

$

3,693

 

Interest cost

 

 

13,497

 

 

 

15,050

 

 

 

3,965

 

 

 

5,673

 

Expected return on plan assets

 

 

(19,311

)

 

 

(18,170

)

 

 

(5,944

)

 

 

(6,888

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost

 

 

174

 

 

 

223

 

 

 

 

 

 

 

30

 

Net actuarial losses recognized

 

 

12,570

 

 

 

10,446

 

 

 

1,369

 

 

 

1,608

 

Settlement

 

 

 

 

 

 

 

 

 

 

91

 

 

 

 

 

Net Periodic Benefit Cost

 

$

31,536

 

 

$

30,281

 

 

$

2,682

 

 

$

4,116

 

 

 

 

U.S. Plans

 

 

Non-U.S. Plans

 

 

 

Nine Months Ended

 

 

Nine Months Ended

 

 

 

February 29,

 

 

February 28,

 

 

February 29,

 

 

February 28,

 

Postretirement Benefits

 

2016

 

 

2015

 

 

2016

 

 

2015

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

-

 

 

$

-

 

 

$

843

 

 

$

939

 

Interest cost

 

 

177

 

 

 

198

 

 

 

663

 

 

 

924

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service (credit)

 

 

(186

)

 

 

(186

)

 

 

 

 

 

 

 

 

Net actuarial (gains) losses recognized

 

 

 

 

 

 

(102

)

 

 

183

 

 

 

312

 

Net Periodic Benefit Cost

 

$

(9

)

 

$

(90

)

 

$

1,689

 

 

$

2,175