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Pension Plans (Tables)
3 Months Ended
Aug. 31, 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 month periods ended August 31, 2016 and 2015:

 

 

 

U.S. Plans

 

 

Non-U.S. Plans

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

August 31,

 

 

August 31,

 

 

August 31,

 

 

August 31,

 

Pension Benefits

 

2016

 

 

2015

 

 

2016

 

 

2015

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

9,401

 

 

$

8,202

 

 

$

1,127

 

 

$

1,067

 

Interest cost

 

 

4,331

 

 

 

4,499

 

 

 

1,224

 

 

 

1,323

 

Expected return on plan assets

 

 

(6,252

)

 

 

(6,437

)

 

 

(1,886

)

 

 

(1,983

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost

 

 

54

 

 

 

58

 

 

 

 

 

 

 

 

 

Net actuarial losses recognized

 

 

5,540

 

 

 

4,190

 

 

 

573

 

 

 

457

 

Net Periodic Benefit Cost

 

$

13,074

 

 

$

10,512

 

 

$

1,038

 

 

$

864

 

 

 

 

U.S. Plans

 

 

Non-U.S. Plans

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

August 31,

 

 

August 31,

 

 

August 31,

 

 

August 31,

 

Postretirement Benefits

 

2016

 

 

2015

 

 

2016

 

 

2015

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

-

 

 

$

-

 

 

$

284

 

 

$

281

 

Interest cost

 

 

57

 

 

 

59

 

 

 

222

 

 

 

221

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service (credit)

 

 

(58

)

 

 

(62

)

 

 

 

 

 

 

 

 

Net actuarial (gains) losses recognized

 

 

 

 

 

 

 

 

 

 

60

 

 

 

61

 

Net Periodic Benefit Cost

 

$

(1

)

 

$

(3

)

 

$

566

 

 

$

563