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PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
9 Months Ended
Jul. 28, 2019
PENSION AND OTHER POSTRETIREMENT BENEFITS  
Components of Pension and Other Postretirement Benefit Costs

The worldwide components of net periodic pension cost consisted of the following in millions of dollars:

 

Three Months Ended

Nine Months Ended

 

July 28

July 29

July 28

July 29

 

2019

2018

2019

2018

 

Service cost

    

$

65

    

$

75

    

$

197

    

$

223

Interest cost

112

 

97

334

 

292

Expected return on plan assets

(200)

 

(193)

(600)

 

(581)

Amortization of actuarial loss

35

 

53

106

 

168

Amortization of prior service cost

2

 

3

8

 

9

Settlements/curtailments

1

 

1

1

 

7

Net cost

$

15

$

36

$

46

$

118

The worldwide components of net periodic OPEB cost consisted of the following in millions of dollars:

 

Three Months Ended

Nine Months Ended

 

July 28

July 29

July 28

July 29

 

2019

2018

2019

2018

 

Service cost

    

$

11

    

$

11

    

$

31

    

$

33

Interest cost

53

 

47

160

 

143

Expected return on plan assets

(8)

 

(5)

(26)

 

(16)

Amortization of actuarial loss

4

 

16

12

 

47

Amortization of prior service credit

(19)

 

(19)

(55)

 

(57)

Net cost

$

41

$

50

$

122

$

150