PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

9 Months Ended

Jul. 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 July 31						Nine Months Ended July 31
	2013			2012			2013			2012
Service cost	$	68		$	55		$	204		$	164
Interest cost	107			116			329			349
Expected return on plan assets	(193		)	(197		)	(583		)	(590		)
Amortization of actuarial loss	66			49			194			149
Amortization of prior service cost	9			10			25			31
Settlements/curtailments				1			1			3
Net cost	$	57		$	34		$	170		$	106

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
	2013			2012			2013			2012
Service cost	$	14		$	12		$	43		$	35
Interest cost	64			70			191			210
Expected return on plan assets	(21		)	(25		)	(63		)	(75		)
Amortization of actuarial loss	35			45			105			105
Amortization of prior service credit	(2		)	(3		)	(4		)	(11		)
Net cost	$	90		$	99		$	272		$	264