PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

3 Months Ended

Jan. 31, 2013

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 January 31
	2013		2012
Service cost	$	67	$	53
Interest cost	110		116
Expected return on plan assets	(194)		(196)
Amortization of actuarial loss	65		52
Amortization of prior service cost	8		10
Settlements/curtailments			1
Net cost	$	56	$	36

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 January 31
	2013		2012
Service cost	$	14	$	12
Interest cost	64		71
Expected return on plan assets	(21)		(25)
Amortization of actuarial loss	36		60
Amortization of prior service credit	(1)		(3)
Net cost	$	92	$	115