PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

6 Months Ended

Apr. 30, 2015

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
	2015		2014		2015		2014
Service cost	$	69	$	62	$	142	$	123
Interest cost	119		120		238		239
Expected return on plan assets	(192)		(193)		(385)		(386)
Amortization of actuarial loss	55		43		110		86
Amortization of prior service cost	6		6		12		12
Settlements/curtailments			4		1		6
Net cost	$	57	$	42	$	118	$	80

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
	2015		2014		2015		2014
Service cost	$	12	$	11	$	23	$	22
Interest cost	64		65		129		131
Expected return on plan assets	(14)		(17)		(28)		(35)
Amortization of actuarial loss	23		8		46		17
Amortization of prior service credit	(19)		(1)		(38)		(2)
Net cost	$	66	$	66	$	132	$	133