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Pension Plans (Tables)
3 Months Ended
Aug. 31, 2017
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, 2017 and 2016:

 

 

 

U.S. Plans

 

 

Non-U.S. Plans

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

August 31,

 

 

August 31,

 

 

August 31,

 

 

August 31,

 

Pension Benefits

 

2017

 

 

2016

 

 

2017

 

 

2016

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

9,465

 

 

$

9,401

 

 

$

1,175

 

 

$

1,127

 

Interest cost

 

 

4,379

 

 

 

4,331

 

 

 

1,145

 

 

 

1,224

 

Expected return on plan assets

 

 

(8,086

)

 

 

(6,252

)

 

 

(1,978

)

 

 

(1,886

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost (credit)

 

 

29

 

 

 

54

 

 

 

(6

)

 

 

 

 

Net actuarial losses recognized

 

 

3,618

 

 

 

5,540

 

 

 

419

 

 

 

573

 

Net Periodic Benefit Cost

 

$

9,405

 

 

$

13,074

 

 

$

755

 

 

$

1,038

 

 

 

 

U.S. Plans

 

 

Non-U.S. Plans

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

August 31,

 

 

August 31,

 

 

August 31,

 

 

August 31,

 

Postretirement Benefits

 

2017

 

 

2016

 

 

2017

 

 

2016

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

-

 

 

$

-

 

 

$

311

 

 

$

284

 

Interest cost

 

 

43

 

 

 

57

 

 

 

224

 

 

 

222

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service (credit)

 

 

(55

)

 

 

(58

)

 

 

 

 

 

 

 

 

Net actuarial losses recognized

 

 

6

 

 

 

 

 

 

 

79

 

 

 

60

 

Net Periodic Benefit Cost

 

$

(6

)

 

$

(1

)

 

$

614

 

 

$

566