PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

9 Months Ended

Jul. 31, 2014

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
	2014			2013			2014			2013
Service cost	$	61		$	68		$	184		$	204
Interest cost	119			107			358			329
Expected return on plan assets	(192		)	(193		)	(578		)	(583		)
Amortization of actuarial loss	43			66			129			194
Amortization of prior service cost	6			9			18			25
Settlements/curtailments	2						8			1
Net cost	$	39		$	57		$	119		$	170

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
	2014			2013			2014			2013
Service cost	$	11		$	14		$	33		$	43
Interest cost	66			64			197			191
Expected return on plan assets	(18		)	(21		)	(53		)	(63		)
Amortization of actuarial loss	8			35			25			105
Amortization of prior service credit				(2		)	(2		)	(4		)
Net cost	$	67		$	90		$	200		$	272