PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

3 Months Ended

Jan. 29, 2017

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 29		January 31
	2017		2016
Service cost	$	68	$	64
Interest cost		90		98
Expected return on plan assets		(197)		(193)
Amortization of actuarial loss		60		52
Amortization of prior service cost		3		4
Settlements/curtailments				7
Net cost	$	24	$	32

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 29		January 31
	2017		2016
Service cost	$	10	$	9
Interest cost		49		51
Expected return on plan assets		(4)		(9)
Amortization of actuarial loss		25		19
Amortization of prior service credit		(19)		(19)
Net cost	$	61	$	51