PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

9 Months Ended

Jul. 31, 2011

PENSION AND OTHER POSTRETIREMENT BENEFITS

Components of Pension and Postretirement Benefit Costs

The worldwide components of net periodic pension cost consisted of the following in millions of dollars:

	Three Months Ended July 31				Nine Months Ended July 31
	2011		2010		2011		2010
Service cost	$	50	$	42	$	149	$	129
Interest cost	124		126		372		382
Expected return on plan assets	(199)		(189)		(597)		(570)
Amortization of actuarial loss	39		28		112		87
Amortization of prior service cost	10		10		31		31
Settlements/curtailments	1		14		1		17
Net cost	$	25	$	31	$	68	$	76

The worldwide components of net periodic postretirement benefits cost (health care and life insurance) consisted of the following in millions of dollars:

	Three Months Ended July 31				Nine Months Ended July 31
	2011		2010		2011		2010
Service cost	$	11	$	11	$	33	$	33
Interest cost	81		84		244		252
Expected return on plan assets	(28)		(30)		(85)		(91)
Amortization of actuarial loss	68		78		203		233
Amortization of prior service credit	(4)		(5)		(11)		(12)
Net cost	$	128	$	138	$	384	$	415