OTHER COMPREHENSIVE INCOME ITEMS (Tables)

3 Months Ended

Jan. 28, 2018

OTHER COMPREHENSIVE INCOME ITEMS

Schedule of After-Tax Changes in Accumulated Other Comprehensive Income (Loss)

The after-tax changes in accumulated other comprehensive income (loss) in millions of dollars follow:

									Total
					Unrealized		Unrealized		Accumulated
	Retirement		Cumulative		Gain (Loss)		Gain (Loss)		Other
	Benefits		Translation		on		on		Comprehensive
	Adjustment		Adjustment		Derivatives		Investments		Income (Loss)
Balance October 30, 2016	$	(4,409)	$	(1,229)	$	1	$	11	$	(5,626)
Other comprehensive income (loss) items before reclassification		(1)		(18)		2		(5)		(22)
Amounts reclassified from accumulated other comprehensive income		44						(1)		43
Net current period other comprehensive income (loss)		43		(18)		2		(6)		21
Balance January 29, 2017	$	(4,366)	$	(1,247)	$	3	$	5	$	(5,605)
Balance October 29, 2017	$	(3,580)	$	(999)	$	5	$	10	$	(4,564)
Other comprehensive income (loss) items before reclassification		5		224		5				234
Amounts reclassified from accumulated other comprehensive income		41								41
Net current period other comprehensive income (loss)		46		224		5				275
Balance January 28, 2018	$	(3,534)	$	(775)	$	10	$	10	$	(4,289)

Schedule of Amounts Recorded in and Reclassifications out of Other Comprehensive Income (Loss) and the Income Tax Effects

Following are amounts recorded in and reclassifications out of other comprehensive income (loss), and the income tax effects, in millions of dollars:

	Before		Tax		After
	Tax		(Expense)		Tax
Three Months Ended January 28, 2018	Amount		Credit		Amount
Cumulative translation adjustment	$	225	$	(1)	$	224
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		8		(3)		5
Reclassification of realized (gain) loss
Net unrealized gain (loss) on derivatives		8		(3)		5
Net unrealized gain (loss) on investments
Retirement benefits adjustment:
Pensions
Net actuarial gain (loss)		7		(2)		5
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *
Actuarial (gain) loss		61		(20)		41
Prior service (credit) cost		3		(1)		2
Health care and life insurance
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *
Actuarial (gain) loss		16		(5)		11
Prior service (credit) cost		(19)		6		(13)
Net unrealized gain (loss) on retirement benefits adjustments		68		(22)		46
Total other comprehensive income (loss)	$	301	$	(26)	$	275

* These accumulated other comprehensive income amounts are components of net periodic pension and postretirement costs. See Note 7 for additional detail.

	Before		Tax		After
	Tax		(Expense)		Tax
Three Months Ended January 29, 2017	Amount		Credit		Amount
Cumulative translation adjustment	$	(19)	$	1	$	(18)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		4		(2)		2
Reclassification of realized (gain) loss to:
Foreign exchange contracts – Other operating expenses		(1)		1
Net unrealized gain (loss) on derivatives		3		(1)		2
Unrealized gain (loss) on investments:
Unrealized holding gain (loss)		(7)		2		(5)
Reclassification of realized (gain) loss – Other income		(1)				(1)
Net unrealized gain (loss) on investments		(8)		2		(6)
Retirement benefits adjustment:
Pensions
Net actuarial gain (loss)		(1)				(1)
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *
Actuarial (gain) loss		60		(22)		38
Prior service (credit) cost		3		(1)		2
Health care and life insurance
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *
Actuarial (gain) loss		25		(9)		16
Prior service (credit) cost		(19)		7		(12)
Net unrealized gain (loss) on retirement benefits adjustments		68		(25)		43
Total other comprehensive income (loss)	$	44	$	(23)	$	21

*  These accumulated other comprehensive income amounts are components of net periodic pension and postretirement costs. See Note 7 for additional detail.

In the first quarter of 2018 and 2017, the noncontrolling interests’ comprehensive income (loss) was $.5 million and $(.6) million, respectively, which consisted of net income (loss) of $.4 million and $(.6) million and cumulative translation adjustments of $.1 million and none, respectively.