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Pension Plans (Tables)
3 Months Ended
Aug. 31, 2018
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 months ended August 31, 2018 and 2017:

 

 

 

U.S. Plans

 

 

Non-U.S. Plans

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

August 31,

 

 

August 31,

 

 

August 31,

 

 

August 31,

 

Pension Benefits

 

2018

 

 

2017

 

 

2018

 

 

2017

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

9,382

 

 

$

9,465

 

 

$

1,219

 

 

$

1,175

 

Interest cost

 

 

5,497

 

 

 

4,379

 

 

 

1,399

 

 

 

1,145

 

Expected return on plan assets

 

 

(8,467

)

 

 

(8,086

)

 

 

(2,051

)

 

 

(1,978

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost (credit)

 

 

29

 

 

 

29

 

 

 

(8

)

 

 

(6

)

Net actuarial losses recognized

 

 

3,272

 

 

 

3,618

 

 

 

319

 

 

 

419

 

Net Periodic Benefit Cost

 

$

9,713

 

 

$

9,405

 

 

$

878

 

 

$

755

 

 

 

 

U.S. Plans

 

 

Non-U.S. Plans

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

August 31,

 

 

August 31,

 

 

August 31,

 

 

August 31,

 

Postretirement Benefits

 

2018

 

 

2017

 

 

2018

 

 

2017

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

-

 

 

$

-

 

 

$

392

 

 

$

311

 

Interest cost

 

 

48

 

 

 

43

 

 

 

291

 

 

 

224

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service (credit)

 

 

(55

)

 

 

(55

)

 

 

 

 

 

 

 

 

Net actuarial losses recognized

 

 

(6

)

 

 

6

 

 

 

115

 

 

 

79

 

Net Periodic Benefit (Credit) Cost

 

$

(13

)

 

$

(6

)

 

$

798

 

 

$

614