Pension Plans (Tables)

9 Months Ended

Feb. 28, 2021

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 28, 2021 and February 29, 2020:

	U.S. Plans						Non-U.S. Plans
	Three Months Ended						Three Months Ended
(In thousands)	February 28,			February 29,			February 28,			February 29,
Pension Benefits	2021			2020			2021			2020
Service cost	$	11,130		$	9,856		$	1,406		$	1,391
Interest cost		3,806			5,104			1,122			1,193
Expected return on plan assets		(8,279	)		(8,573	)		(1,607	)		(1,834	)
Amortization of:
Prior service cost (credit)		2			2			(35	)		(9	)
Net actuarial losses recognized		7,501			4,629			526			523
Net Periodic Benefit Cost	$	14,160		$	11,018		$	1,412		$	1,264

	U.S. Plans						Non-U.S. Plans
	Three Months Ended						Three Months Ended
(In thousands)	February 28,			February 29,			February 28,		February 29,
Postretirement Benefits	2021			2020			2021		2020
Service cost	$	-		$	-		$	431	$	429
Interest cost		19			37			283		282
Amortization of:
Prior service (credit)		(42	)		(55	)		-		-
Net actuarial (gains) losses recognized		10			(16	)		130		158
Net Periodic Benefit (Credit) Cost	$	(13	)	$	(34	)	$	844	$	869

	U.S. Plans						Non-U.S. Plans
	Nine Months Ended						Nine Months Ended
(In thousands)	February 28,			February 29,			February 28,			February 29,
Pension Benefits	2021			2020			2021			2020
Service cost	$	33,390		$	29,568		$	4,218		$	4,173
Interest cost		11,418			15,312			3,366			3,579
Expected return on plan assets		(24,837	)		(25,719	)		(4,821	)		(5,502	)
Amortization of:
Prior service cost (credit)		6			6			(105	)		(27	)
Net actuarial losses recognized		22,503			13,887			1,578			1,569
Net Periodic Benefit Cost	$	42,480		$	33,054		$	4,236		$	3,792

	U.S. Plans						Non-U.S. Plans
	Nine Months Ended						Nine Months Ended
(In thousands)	February 28,			February 29,			February 28,		February 29,
Postretirement Benefits	2021			2020			2021		2020
Service cost	$	-		$	-		$	1,293	$	1,287
Interest cost		57			111			849		846
Amortization of:
Prior service (credit)		(126	)		(165	)		-		-
Net actuarial (gains) losses recognized		30			(48	)		390		474
Net Periodic Benefit (Credit) Cost	$	(39	)	$	(102	)	$	2,532	$	2,607