Retirement Benefit Plans

6 Months Ended

Apr. 30, 2021

Retirement Benefits [Abstract]

Retirement Benefit Plans

Retirement Benefit Plans

The Company's net pension benefit (credit) cost for defined benefit plans recognized in the Condensed Consolidated Statements of Earnings was as follows:

	Three months ended April 30,				Six months ended April 30,
	2021		2020		2021		2020
	In millions
Service cost	$	25	$	23	$	49	$	46
Interest cost(1)	30		35		59		71
Expected return on plan assets(1)	(120)		(134)		(239)		(269)
Amortization and deferrals(1):
Actuarial loss	75		65		149		129
Prior service benefit	(4)		(4)		(7)		(7)
Net periodic benefit (credit) cost	6		(15)		11		(30)
Settlement loss(1)	—		1		1		1
Special termination benefits(1)	2		1		2		1
Total net benefit (credit) cost	$	8	$	(13)	$	14	$	(28)

(1)These non-service components of net periodic benefit cost were included in Non-service net periodic benefit credit in the Condensed Consolidated Statements of Earnings.