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Retirement Plans (Tables)
9 Months Ended
Feb. 29, 2020
Retirement Plan Tables [Abstract]  
Schedule of Retirement Plan Costs

Our retirement plans costs for the periods ended February 29, 2020 and February 28, 2019 were as follows (in millions):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Defined benefit pension plans, net

 

$

38

 

 

$

28

 

 

$

112

 

 

$

85

 

Defined contribution plans

 

 

147

 

 

 

138

 

 

 

425

 

 

 

415

 

Postretirement healthcare plans

 

 

21

 

 

 

19

 

 

 

64

 

 

 

56

 

 

 

$

206

 

 

$

185

 

 

$

601

 

 

$

556

 

Schedule of Net Periodic Benefit Cost

Net periodic benefit cost of the pension and postretirement healthcare plans for the periods ended February 29, 2020 and February 28, 2019 included the following components (in millions):

 

 

 

Three Months Ended

 

 

 

U.S. Pension Plans

 

 

International Pension Plans

 

 

Postretirement Healthcare Plans

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Service cost

 

$

192

 

 

$

173

 

 

$

25

 

 

$

23

 

 

$

10

 

 

$

9

 

Other retirement plans (income) expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    Interest cost

 

 

250

 

 

 

237

 

 

 

11

 

 

 

13

 

 

 

11

 

 

 

10

 

    Expected return on plan assets

 

 

(400

)

 

 

(376

)

 

 

(13

)

 

 

(12

)

 

 

 

 

 

 

   Amortization of prior service credit and other

 

 

(26

)

 

 

(30

)

 

 

(1

)

 

 

 

 

 

 

 

 

 

 

 

 

(176

)

 

 

(169

)

 

 

(3

)

 

 

1

 

 

 

11

 

 

 

10

 

 

 

$

16

 

 

$

4

 

 

$

22

 

 

$

24

 

 

$

21

 

 

$

19

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

 

U.S. Pension Plans

 

 

International Pension Plans

 

 

Postretirement Healthcare Plans

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Service cost

 

$

576

 

 

$

517

 

 

$

73

 

 

$

72

 

 

$

31

 

 

$

26

 

Other retirement plans (income) expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    Interest cost

 

 

750

 

 

 

713

 

 

 

33

 

 

 

38

 

 

 

33

 

 

 

30

 

    Expected return on plan assets

 

 

(1,201

)

 

 

(1,129

)

 

 

(39

)

 

 

(36

)

 

 

 

 

 

 

   Amortization of prior service credit and other

 

 

(78

)

 

 

(89

)

 

 

(2

)

 

 

(1

)

 

 

 

 

 

 

 

 

 

(529

)

 

 

(505

)

 

 

(8

)

 

 

1

 

 

 

33

 

 

 

30

 

 

 

$

47

 

 

$

12

 

 

$

65

 

 

$

73

 

 

$

64

 

 

$

56