XML 54 R26.htm IDEA: XBRL DOCUMENT v3.19.1
Retirement Plans (Tables)
9 Months Ended
Feb. 28, 2019
Retirement Plan Tables [Abstract]  
Schedule of Retirement Plan Costs

Our retirement plans costs for the periods ended February 28 were as follows (in millions):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Defined benefit pension plans, net

 

$

28

 

 

$

39

 

 

$

85

 

 

$

113

 

Defined contribution plans

 

 

138

 

 

 

135

 

 

 

415

 

 

 

386

 

Postretirement healthcare plans

 

 

19

 

 

 

19

 

 

 

56

 

 

 

56

 

 

 

$

185

 

 

$

193

 

 

$

556

 

 

$

555

 

Schedule of Net Periodic Benefit Cost

Net periodic benefit cost of the pension and postretirement healthcare plans for the periods ended February 28 included the following components (in millions):

 

 

Three Months Ended

 

 

 

U.S. Pension Plans

 

 

International Pension Plans

 

 

Postretirement Healthcare Plans

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Service cost

 

$

173

 

 

$

169

 

 

$

23

 

 

$

23

 

 

$

9

 

 

$

9

 

Other retirement plans (income) expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    Interest cost

 

 

237

 

 

 

279

 

 

 

13

 

 

 

12

 

 

 

10

 

 

 

10

 

    Expected return on plan assets

 

 

(376

)

 

 

(406

)

 

 

(12

)

 

 

(10

)

 

 

 

 

 

 

   Amortization of prior service credit and other

 

 

(30

)

 

 

(29

)

 

 

 

 

 

1

 

 

 

 

 

 

 

 

 

 

(169

)

 

 

(156

)

 

 

1

 

 

 

3

 

 

 

10

 

 

 

10

 

 

 

$

4

 

 

$

13

 

 

$

24

 

 

$

26

 

 

$

19

 

 

$

19

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

 

U.S. Pension Plans

 

 

International Pension Plans

 

 

Postretirement Healthcare Plans

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Service cost

 

$

517

 

 

$

509

 

 

$

72

 

 

$

69

 

 

$

26

 

 

$

27

 

Other retirement plans (income) expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    Interest cost

 

 

713

 

 

 

836

 

 

 

38

 

 

 

37

 

 

 

30

 

 

 

29

 

    Expected return on plan assets

 

 

(1,129

)

 

 

(1,218

)

 

 

(36

)

 

 

(32

)

 

 

 

 

 

 

   Amortization of prior service credit and other

 

 

(89

)

 

 

(88

)

 

 

(1

)

 

 

 

 

 

 

 

 

 

 

 

 

(505

)

 

 

(470

)

 

 

1

 

 

 

5

 

 

 

30

 

 

 

29

 

 

 

$

12

 

 

$

39

 

 

$

73

 

 

$

74

 

 

$

56

 

 

$

56

 

Schedule of Tax Qualified Pension Plans Contributions

Contributions to our U.S. Pension Plans for the nine-month periods ended February 28 were as follows (in millions):

 

 

2019

 

 

2018

 

Required

 

$

 

 

$

22

 

Voluntary

 

 

1,000

 

 

 

2,478

 

 

 

$

1,000

 

 

$

2,500