PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

3 Months Ended

Feb. 02, 2020

PENSION AND OTHER POSTRETIREMENT BENEFITS

Schedule of Components of Net Periodic Pension and OPEB Cost

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

	Three Months Ended
	February 2		January 27
	2020		2019
Service cost	$	84	$	66
Interest cost		87		111
Expected return on plan assets		(205)		(200)
Amortization of actuarial loss		62		35
Amortization of prior service cost		3		3
Settlements		3
Net cost	$	34	$	15

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

	Three Months Ended
	February 2		January 27
	2020		2019
Service cost	$	12	$	10
Interest cost		37		54
Expected return on plan assets		(12)		(9)
Amortization of actuarial loss		7		5
Amortization of prior service credit		(1)		(18)
Curtailments		21
Net cost	$	64	$	42