PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

6 Months Ended

Apr. 30, 2012

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 April 30						Six Months Ended April 30
	2012			2011			2012			2011
Service cost	$	56		$	50		$	109		$	99
Interest cost	117			124			233			248
Expected return on plan assets	(197		)	(199		)	(393		)	(398		)
Amortization of actuarial loss	48			35			100			73
Amortization of prior service cost	11			11			21			21
Settlements/curtailments	1						2
Net cost	$	36		$	21		$	72		$	43

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 April 30						Six Months Ended April 30
	2012			2011			2012			2011
Service cost	$	11		$	11		$	23		$	22
Interest cost	69			82			140			163
Expected return on plan assets	(25		)	(29		)	(50		)	(57		)
Amortization of actuarial loss				68			60			135
Amortization of prior service credit	(5		)	(3		)	(8		)	(7		)
Net cost	$	50		$	129		$	165		$	256