RETIREMENT AND POSTRETIREMENT BENEFIT PLANS (Tables)

12 Months Ended

Feb. 28, 2014

Summary of Information Defined Benefit Pension Plans and Postretirement Benefits Plan

The following table sets forth summarized information on the defined benefit pension plans and postretirement benefits plan:

	Defined Benefit Pension Plans						Postretirement Benefits
	2014			2013			2014			2013
Change in benefit obligation:
Benefit obligation at beginning of year	$	188,146		$	184,344		$	67,452		$	82,344
Service cost		1,115			1,369			431			684
Interest cost		7,065			7,394			2,397			2,841
Participant contributions		20			22			3,485			3,963
Retiree drug subsidy payments		—			—			796			822
Plan amendments		414			232			—			—
Actuarial loss (gain)		6,043			6,970			(1,470	)		(15,880	)
Change in control		2,613			—			—			—
Plan curtailment		(7,164	)		—			—			—
Benefit payments		(11,519	)		(11,035	)		(6,459	)		(7,322	)
Currency exchange rate changes		(1,947	)		(1,150	)		—			—
Benefit obligation at end of year		184,786			188,146			66,632			67,452
Change in plan assets:
Fair value of plan assets at beginning of year		104,521			106,341			51,794			57,563
Actual return on plan assets		11,386			7,774			3,255			1,319
Employer contributions		2,199			2,424			(3,485	)		(3,729	)
Participant contributions		20			22			3,485			3,963
Benefit payments		(11,519	)		(11,035	)		(6,292	)		(7,322	)
Currency exchange rate changes		(1,713	)		(1,005	)		—			—
Fair value of plan assets at end of year		104,894			104,521			48,757			51,794
Funded status at end of year	$	(79,892	)	$	(83,625	)	$	(17,875	)	$	(15,658	)

Summary of Amounts Recognized Consolidated Statement of Financial Position

Amounts recognized on the Consolidated Statement of Financial Position consist of the following:

	Defined Benefit Pension Plans						Postretirement Benefits
	2014			2013			2014			2013
Accrued compensation and benefits	$	(2,624	)	$	(2,267	)	$	—		$	—
Other liabilities		(77,268	)		(81,358	)		(17,875	)		(15,658	)
Net amount recognized	$	(79,892	)	$	(83,625	)	$	(17,875	)	$	(15,658	)
Amounts recognized in accumulated other comprehensive (income) loss
Net actuarial loss (gain)	$	63,614		$	71,385		$	(17,013	)	$	(16,397	)
Net prior service cost (credit)		—			1,522			(5,477	)		(6,780	)
Net transition obligation		23			30			—			—
Accumulated other comprehensive loss (income)	$	63,637		$	72,937		$	(22,490	)	$	(23,177	)

Summary of Significant Weighted-Average Assumptions, Determine Benefit Obligations and Net Periodic Benefit Cost

The following table presents significant weighted-average assumptions to determine benefit obligations and net periodic benefit cost:

	Defined Benefit Pension Plans						Postretirement Benefits
	2014			2013			2014			2013
Weighted average discount rate used to determine:
Benefit obligations at measurement date
U.S.		4.00-4.25	%		3.75-4.00	%		4.25	%		3.75	%
International		4.05	%		3.90	%		N/A			N/A
Net periodic benefit cost
U.S.		3.75-4.50	%		4.00-4.25	%		3.75	%		4.00	%
International		3.90	%		4.45	%		N/A			N/A
Expected long-term return on plan assets:
U.S.		6.75	%		6.75	%		6.50	%		6.50	%
International		5.00	%		5.25	%		N/A			N/A
Rate of compensation increase:
U.S.		6.50	%		6.50	%		N/A			N/A
International		3.00	%		3.00	%		N/A			N/A
Health care cost trend rates:
For year following February 28 or 29		N/A			N/A			8.50	%		9.00	%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)		N/A			N/A			5.00	%		5.00	%
Year the rate reaches the ultimate trend rate		N/A			N/A			2021			2021

Effect of One Percentage Point Change in Assumed Health Care Cost Trend Rate

In developing the expected long-term rate of return assumption, consideration was given to various factors, including a review of asset class return expectations based on historical compounded returns for such asset classes.

	2014			2013
Effect of a 1% increase in health care cost trend rate on:
Service cost plus interest cost	$	80		$	140
Accumulated postretirement benefit obligation		2,462			2,304
Effect of a 1% decrease in health care cost trend rate on:
Service cost plus interest cost		(70	)		(122	)
Accumulated postretirement benefit obligation		(2,139	)		(2,011	)

Summary of Defined Benefit Pension Plan Information

The following table presents selected defined benefit pension plan information:

	2014		2013
For all defined benefit pension plans:
Accumulated benefit obligation	$	184,769	$	180,558
For defined benefit pension plans that are not fully funded:
Projected benefit obligation		184,527		187,855
Accumulated benefit obligation		184,510		180,267
Fair value of plan assets		104,635		104,230

Summary of Assets of Plans Held in Trust

At February 28, 2014 and 2013, the assets of the plans are held in trust and allocated as follows:

	Defined Benefit Pension Plans						Postretirement Benefits
	2014			2013			2014			2013			Target Allocation
Equity securities:
U.S.		52	%		51	%		27	%		27	%		15% - 30	%
International		40	%		33	%		N/A			N/A			N/A
Debt securities:
U.S.		47	%		48	%		71	%		69	%		65% - 85	%
International		59	%		64	%		N/A			N/A			N/A
Cash and cash equivalents:
U.S.		1	%		1	%		2	%		4	%		0% - 15	%
International		1	%		3	%		N/A			N/A			N/A

Details of Benefits Expected to be Paid Out

The benefits expected to be paid out are as follows:

			Postretirement Benefits
	Defined Benefit Pension Plans		Excluding Effect of Medicare Part D Subsidy		Including Effect of Medicare Part D Subsidy
2015	$	11,531	$	4,517	$	3,878
2016		11,827		4,516		3,944
2017		11,817		4,515		4,368
2018		11,737		4,512		4,374
2019		11,482		4,494		4,350
2020 – 2024		57,320		21,856		21,202

Defined Benefit Pension Plans [Member]

Components of Net Periodic Benefit Cost and Changes Recognized Other Comprehensive Income, Defined Benefit Pension Plan

A summary of the components of net periodic benefit cost for the defined benefit pension plans is as follows:

	2014			2013			2012
Components of net periodic benefit cost:
Service cost	$	1,115		$	1,369		$	1,106
Interest cost		7,065			7,394			8,353
Expected return on plan assets		(6,267	)		(6,473	)		(6,858	)
Amortization of transition obligation		6			7			6
Amortization of prior service cost		190			240			240
Amortization of actuarial loss		3,485			3,514			2,126
Recognition of prior service cost upon curtailment		1,746			—			—
Net periodic benefit cost		7,340			6,051			4,973
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Actuarial loss		941			5,657			14,996
Prior service cost		414			231			924
Amortization of prior service cost		(190	)		(240	)		(240	)
Amortization of actuarial loss		(3,485	)		(3,514	)		(2,126	)
Amortization of transition obligation		(6	)		(7	)		(6	)
Change in control		2,613			—			—
Curtailment gain		(7,164	)		—			—
Recognition of prior service cost upon curtailment		(1,746	)		—			—
Total recognized in other comprehensive income		(8,623	)		2,127			13,548
Total recognized in net periodic benefit cost and other comprehensive income	$	(1,283	)	$	8,178		$	18,521

Summary of Fair Value of Defined Benefit Pension Plan Assets, Pension Plans

The following table summarizes the fair value of the defined benefit pension plan assets at February 28, 2014:

	Fair value at February 28, 2014		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)
U.S. plans:
Short-term investments	$	719	$	—	$	719
Equity securities (collective funds)		42,599		—		42,599
Fixed-income funds		38,154		—		38,154
International plans:
Short-term investments		259		—		259
Equity securities (collective funds)		9,470		—		9,470
Fixed-income funds		13,693		—		13,693
Total	$	104,894	$	—	$	104,894

The following table summarizes the fair value of the defined benefit pension plan assets at February 28, 2013:

	Fair value at February 28, 2013		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)
U.S. plans:
Short-term investments	$	713	$	—	$	713
Equity securities (collective funds)		41,106		—		41,106
Fixed-income funds		38,223		—		38,223
International plans:
Short-term investments		651		—		651
Equity securities (collective funds)		8,193		—		8,193
Fixed-income funds		15,635		—		15,635
Total	$	104,521	$	—	$	104,521

Postretirement Benefits Plans [Member]

Components of Net Periodic Benefit Cost and Changes Recognized Other Comprehensive Income, Defined Benefit Pension Plan

A summary of the components of net periodic benefit cost for the postretirement benefit plan is as follows:

	2014			2013			2012
Components of net periodic benefit cost:
Service cost	$	431		$	684		$	726
Interest cost		2,397			2,841			3,929
Expected return on plan assets		(3,067	)		(3,430	)		(4,310	)
Amortization of prior service credit		(1,303	)		(2,075	)		(2,461	)
Amortization of actuarial gain		(1,043	)		(452	)		(766	)
Net periodic benefit cost		(2,585	)		(2,432	)		(2,882	)
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Actuarial gain		(1,659	)		(13,768	)		(5,115	)
Prior service credit added during the year		—			—			—
Amortization of actuarial gain		1,043			452			766
Amortization of prior service credit		1,303			2,075			2,461
Total recognized in other comprehensive income		687			(11,241	)		(1,888	)
Total recognized in net periodic benefit cost and other comprehensive income	$	(1,898	)	$	(13,673	)	$	(4,770	)

Summary of Fair Value of Defined Benefit Pension Plan Assets, Pension Plans

The following table summarizes the fair value of the postretirement benefit plan assets at February 28, 2014:

	Fair value at February 28, 2014		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)
Short-term investments	$	1,312	$	—	$	1,312
Equity securities		12,968		12,968		—
Fixed-income funds		34,477		—		34,477
Total	$	48,757	$	12,968	$	35,789

The following table summarizes the fair value of the postretirement benefit plan assets at February 28, 2013:

	Fair value at February 28, 2013		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)
Short-term investments	$	1,706	$	—	$	1,706
Equity securities		14,195		14,195		—
Fixed-income funds		35,893		—		35,893
Total	$	51,794	$	14,195	$	37,599