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Retirement Plans
3 Months Ended
Aug. 31, 2019
Compensation And Retirement Disclosure [Abstract]  
Retirement Plans

(5) Retirement Plans

We sponsor programs that provide retirement benefits to most of our employees. These programs include defined benefit pension plans, defined contribution plans and postretirement healthcare plans. Key terms of our retirement plans are provided in our Annual Report.

Our retirement plans costs for the three-month periods ended August 31 were as follows (in millions):

 

 

 

2019

 

 

2018

 

Defined benefit pension plans, net

 

$

37

 

 

$

28

 

Defined contribution plans

 

 

142

 

 

 

144

 

Postretirement healthcare plans

 

 

22

 

 

 

19

 

 

 

$

201

 

 

$

191

 

 

Net periodic benefit cost of the pension and postretirement healthcare plans for the three-month periods ended August 31 included the following components (in millions):

 

 

U.S. Pension Plans

 

 

International Pension Plans

 

 

Postretirement Healthcare Plans

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Service cost

 

$

192

 

 

$

172

 

 

$

24

 

 

$

24

 

 

$

11

 

 

$

9

 

Other retirement plans (income) expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    Interest cost

 

 

250

 

 

 

238

 

 

 

11

 

 

 

13

 

 

 

11

 

 

 

10

 

    Expected return on plan assets

 

 

(400

)

 

 

(377

)

 

 

(13

)

 

 

(12

)

 

 

 

 

 

 

   Amortization of prior service credit and other

 

 

(27

)

 

 

(29

)

 

 

 

 

 

(1

)

 

 

 

 

 

 

 

 

 

(177

)

 

 

(168

)

 

 

(2

)

 

 

 

 

 

11

 

 

 

10

 

 

 

$

15

 

 

$

4

 

 

$

22

 

 

$

24

 

 

$

22

 

 

$

19

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

We made voluntary contributions to our U.S. Pension Plans of $1.0 billion during the first quarter of 2020 and $250 million during the first quarter of 2019.