Pension and Other Postretirement Benefits	3 Months Ended
Feb. 02, 2020
Pension and Other Postretirement Benefits
Pension and Other Postretirement Benefits	(12) Pension and Other Postretirement Benefits The Company is a participating employer in certain Deere & Company sponsored defined benefit pension plans for employees in the U.S. and certain defined benefit pension plans outside the U.S. These pension plans provide for benefits that are based primarily on years of service and employee compensation. Pension expense is actuarially determined based on the Company’s employees included in the plan. The Company’s pension expense was not significant for the periods ending February 2, 2020 and January 27, 2019. The accumulated benefit obligation and plan net assets for the employees of the Company are not determined separately from Deere & Company. The Company provides defined benefit health care and life insurance plans for certain retired employees in the U.S. as a participating employer in Deere & Company’s sponsored plans. Health care and life insurance benefits expense is actuarially determined based on the Company’s employees included in the plans and amounted to $5.1 million for the first three months of 2020, compared with $1.3 million for the same period last year. The increase from the prior year period is primarily due to a $3.3 million curtailment loss related to voluntary employee-separation programs (see Note 13). Further disclosure for these plans is included in Deere & Company’s Form 10-Q for the quarter ended February 2, 2020.

Pension and Other Postretirement Benefits

3 Months Ended

Feb. 02, 2020

Pension and Other Postretirement Benefits

Pension and Other Postretirement Benefits

(12) Pension and Other Postretirement Benefits

The Company is a participating employer in certain Deere & Company sponsored defined benefit pension plans for employees in the U.S. and certain defined benefit pension plans outside the U.S. These pension plans provide for benefits that are based primarily on years of service and employee compensation. Pension expense is actuarially determined based on the Company’s employees included in the plan. The Company’s pension expense was not significant for the periods ending February 2, 2020 and January 27, 2019. The accumulated benefit obligation and plan net assets for the employees of the Company are not determined separately from Deere & Company. The Company provides defined benefit health care and life insurance plans for certain retired employees in the U.S. as a participating employer in Deere & Company’s sponsored plans. Health care and life insurance benefits expense is actuarially determined based on the Company’s employees included in the plans and amounted to $5.1 million for the first three months of 2020, compared with $1.3 million for the same period last year. The increase from the prior year period is primarily due to a $3.3 million curtailment loss related to voluntary employee-separation programs (see Note 13). Further disclosure for these plans is included in Deere & Company’s Form 10-Q for the quarter ended February 2, 2020.