PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

9 Months Ended

Jul. 31, 2022

PENSION AND OTHER POSTRETIREMENT BENEFITS

Schedule of Components of Net Periodic Pension and OPEB Cost

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

	Three Months Ended				Nine Months Ended
	July 31		August 1		July 31		August 1
	2022		2021		2022		2021
Service cost	$	86	$	83	$	265	$	251
Interest cost		85		69		242		207
Expected return on plan assets		(182)		(199)		(544)		(599)
Amortization of actuarial loss		31		64		107		192
Amortization of prior service cost		9		2		25		8
Settlements/curtailment		36		4		44		22
Net cost	$	65	$	23	$	139	$	81

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

	Three Months Ended				Nine Months Ended
	July 31		August 1		July 31		August 1
	2022		2021		2022		2021
Service cost	$	11	$	12	$	34	$	36
Interest cost		25		25		74		76
Expected return on plan assets		(28)		(19)		(83)		(58)
Amortization of actuarial (gain) loss		(4)		7		(13)		21
Amortization of prior service credit		(1)		(1)		(3)		(3)
Net cost	$	3	$	24	$	9	$	72