Retirement Plans and Postretirement Health Care and Life Insurance Benefits (Tables)

12 Months Ended

Oct. 31, 2011

Retirement Plans and Postretirement Health Care and Life Insurance Benefits [Abstract]

Components of net periodic pension cost

For the year ended October 31, 2011	Consolidated			United States			Germany		United Kingdom			Other International
Service cost	$	12,625		$	8,957		$	450	$	2,121		$	1,097
Interest cost		29,636			16,651			1,406		7,008			4,571
Expected return on plan assets		(36,763	)		(19,712	)		—		(12,662	)		(4,389	)
Amortization of transition net asset		26			(48	)		—		—			74
Amortization of prior service cost		1,868			1,868			—		—			—
Recognized net actuarial (gain) loss		8,404			7,118			145		429			712
Net periodic pension cost	$	15,796		$	14,834		$	2,001	$	(3,104	)	$	2,065
For the year ended October 31, 2010	Consolidated			United States			Germany		United Kingdom			Other International
Service cost	$	12,670		$	9,171		$	366	$	2,326		$	807
Interest cost		29,213			15,990			1,387		6,958			4,878
Expected return on plan assets		(34,784	)		(18,097	)		—		(11,604	)		(5,083	)
Amortization of transition net asset		24			(48	)		—		—			72
Amortization of prior service cost		951			951			—		—			—
Recognized net actuarial (gain) loss		6,718			5,899			—		524			295
Net periodic pension cost	$	14,792		$	13,866		$	1,753	$	(1,796	)	$	969
For the year ended October 31, 2009	Consolidated			United States			Germany		United Kingdom			Other International
Service cost	$	10,224		$	7,366		$	345	$	1,838		$	675
Interest cost		31,440			16,572			1,505		6,792			6,571
Expected return on plan assets		(35,875	)		(17,593	)		—		(10,927	)		(7,355	)
Amortization of transition net asset		29			(48	)		—		—			77
Amortization of prior service cost		1,005			1,017			9		—			(21	)
Recognized net actuarial (gain) loss		(1,209	)		38			—		(1,268	)		21
Curtailment, settlement and other		497			147			—		350			—
Net periodic pension cost	$	6,111		$	7,499		$	1,859	$	(3,215	)	$	(32	)

Significant weighted average assumptions used in determining benefit obligations and net periodic pension costs

For the year ended October 31, 2011	Consolidated			United States			Germany			United Kingdom			Other International
Discount rate		4.94	%		4.90	%		5.25	%		5.00	%		5.07	%
Expected return on plan assets(1)		7.20	%		8.25	%		0.00	%		7.50	%		4.55	%
Rate of compensation increase		3.13	%		3.00	%		2.75	%		4.00	%		2.31	%
For the year ended October 31, 2010
Discount rate		5.20	%		5.50	%		5.00	%		5.25	%		4.36	%
Expected return on plan assets(1)		7.50	%		8.25	%		0.00	%		7.50	%		6.06	%
Rate of compensation increase		3.11	%		3.00	%		2.75	%		4.00	%		2.32	%
For the year ended October 31, 2009
Discount rate		5.72	%		5.75	%		6.00	%		5.50	%		5.99	%
Expected return on plan assets(1)		7.69	%		8.25	%		0.00	%		7.50	%		6.73	%
Rate of compensation increase		3.25	%		3.00	%		2.75	%		4.00	%		3.01	%

(1) To develop the expected long-term rate of return on assets assumption, the Company uses a generally consistent approach wordwide. The approach considers various sources, primarily inputs from a range of advisors, inflation, bond yields, historical returns, and future expectations for returns for each asset class, as well as the target asset allocation of the pension portfolio. This rate is gross of any investment or administrative expenses.

Change in benefit obligation, change in plan assets

For the year ended October 31, 2011	Consolidated			USA			Germany			United Kingdom			Other International
Change in benefit obligation:
Benefit obligation at beginning of year	$	580,703		$	309,455		$	28,548		$	134,459		$	108,241
Service cost		12,625			8,957			450			2,121			1,097
Interest cost		29,636			16,651			1,406			7,008			4,571
Plan participant contributions		525			—			—			319			206
Amendments		(1,646	)		(622	)		—			(963	)		(61	)
Actuarial (gains) loss		24,973			24,780			(778	)		6,172			(5,201	)
Foreign currency effect		(2,947	)		—			(390	)		(1,314	)		(1,243	)
Benefits paid		(27,654	)		(13,696	)		(1,299	)		(5,740	)		(6,919	)
Benefit obligation at end of year	$	616,215		$	345,525		$	27,937		$	142,062		$	100,691
Change in plan assets:
Fair value of plan assets at beginning of year	$	514,728		$	228,302		$	—		$	178,486		$	107,940
Actual return on plan assets		21,444			20,969			—			2,802			(2,327	)
Expenses paid		(987	)		(926	)		—			—			(61	)
Plan participant contributions		525			—			—			319			206
Other		1,060			—			—			(722	)		1,782
Foreign currency effects		(3,183	)		—			—			(1,492	)		(1,691	)
Employer contributions		32,595			27,900			—			3,043			1,652
Benefits paid		(25,894	)		(13,235	)		—			(5,740	)		(6,919	)
Fair value of plan assets at end of year	$	540,288		$	263,010		$	—		$	176,696		$	100,582

For the year ended October 31, 2010	Consolidated			USA			Germany			United Kingdom			Other International
Change in benefit obligation:
Benefit obligation at beginning of year	$	541,791		$	284,680		$	25,287		$	133,669		$	98,155
Service cost		12,670			9,171			366			2,326			807
Interest cost		29,213			15,990			1,387			6,958			4,878
Plan participant contributions		500			—			—			312			188
Amendments		1,351			1,397			—			—			(46	)
Actuarial loss		34,275			10,734			4,393			1,694			17,454
Foreign currency effect		(12,452	)		—			(1,608	)		(4,259	)		(6,585	)
Benefits paid		(26,645	)		(12,517	)		(1,277	)		(6,241	)		(6,610	)
Benefit obligation at end of year	$	580,703		$	309,455		$	28,548		$	134,459		$	108,241
Change in plan assets:
Fair value of plan assets at beginning of year	$	463,158		$	194,470		$	—		$	166,250		$	102,438
Actual return on plan assets		65,495			27,358			—			20,449			17,688
Expenses paid		(46	)		—			—			—			(46	)
Plan participant contributions		500			—			—			312			188
Other		(625	)		(625	)		—			—			—
Foreign currency effects		(11,816	)		—			—			(5,291	)		(6,525	)
Employer contributions		22,983			19,169			—			3,007			807
Benefits paid		(24,921	)		(12,070	)		—			(6,241	)		(6,610	)
Fair value of plan assets at end of year	$	514,728		$	228,302		$	—		$	178,486		$	107,940

Amounts recognized In consolidated financial statements

For the year ended October 31, 2011	Consolidated			USA			Germany			United Kingdom		Other International
Unrecognized net actuarial loss		153,441			119,475			3,899			11,462		18,605
Unrecognized prior service cost		4,675			4,675			—			—		—
Unrecognized initial net obligation		471			(28	)		—			—		499
Accumulated other comprehensive loss	$	158,587		$	124,122		$	3,899		$	11,462		19,104
Amounts recognized in the Consolidated Balance Sheets consist of:
Prepaid benefit cost	$	40,741		$	—		$	—		$	34,634	$	6,107
Accrued benefit liability		(115,044	)		(80,888	)		(27,937	)		—		(6,219	)
Accumulated other comprehensive loss		158,587			124,122			3,899			11,462		19,104
Net amount recognized	$	84,284		$	43,234		$	(24,038	)	$	46,096	$	18,992

For the year ended October 31, 2010	Consolidated			USA			Germany			United Kingdom			Other International
Unrecognized net actuarial (gain) loss		125,520			104,697			4,872			(3,609	)		19,560
Unrecognized prior service cost		6,239			6,239			—			—			—
Unrecognized initial net obligation		494			(76	)		—			—			570
Accumulated other comprehensive (income) loss	$	132,253		$	110,860		$	4,872		$	(3,609	)		20,130
Amounts recognized in the Consolidated Balance Sheets consist of:
Prepaid benefit cost	$	48,815		$	—		$	—		$	44,027		$	4,788
Accrued benefit liability		(114,790	)		(81,153	)		(28,548	)		—			(5,089	)
Accumulated other comprehensive (income) loss		132,253			110,860			4,872			(3,609	)		20,130
Net amount recognized	$	66,278		$	29,707		$	(23,676	)	$	40,418		$	19,829

Fair value measurements for the pension assets

	Fair Value Measurement
Asset Category	Level 1		Level 2		Level 3		Total
Equity securities	$	83,854	$	144,255	$	—	$	228,109
Debt securities		74,438		106,288		—		180,726
Other		—		131,453		—		131,453
Total	$	158,292	$	381,996	$	—	$	540,288

As of October 31, 2010 (Dollars in thousands)

	Fair Value Measurement
Asset Category	Level 1		Level 2		Level 3		Total
Equity securities	$	154,190	$	134,057	$	—	$	288,247
Debt securities		—		87,504		—		87,504
Other		—		138,977				138,977
Total	$	154,190	$	360,538	$	—	$	514,728

Weighted average asset allocations at measurement date and target asset allocations

Asset Category	2011 Actual			Target
Equity securities		42	%		41	%
Debt securities		34	%		35	%
Other		24	%		24	%
Total		100	%		100	%

Future benefit payments next five years and thereafter

Year	Expected benefit payments
2012	$	27,744
2013	$	28,626
2014	$	30,202
2015	$	31,191
2016	$	31,892
2017-2021	$	183,863

Year	Expected benefit payments
2012	$	2,765
2013	$	2,091
2014	$	1,982
2015	$	1,890
2016	$	1,795
2017-2021	$	7,741

Components of net periodic cost for the postretirement benefits

For the years ended October 31,	2011		2010		2009
Service cost	$	22	$	19	$	21
Interest cost		1,228		1,565		1,896
Amortization of prior service cost		(1,656)		(1,329)		(1,308)
Recognized net actuarial loss (gain)		(71)		(58)		(195)
	$	(477)	$	197	$	414

Plans change in benefit obligation, change in plan assets and amount recognized in the consolidated financial statements

	October 31, 2011			October 31, 2010
Benefit obligation at beginning of year	$	21,555		$	25,396
Service cost		22			19
Interest cost		1,228			1,565
Actuarial loss		823			85
Foreign currency effect		(525	)		237
Plan amendments		—			(3,215	)
Benefits paid		(2,323	)		(2,532	)
Benefit obligation at end of year	$	20,780		$	21,555
Funded status	$	(20,780	)	$	(21,555	)
Unrecognized net actuarial loss		(1,106	)		(2,075	)
Unrecognized prior service credit		(12,419	)		(14,255	)
Net amount recognized	$	(34,305	)	$	(37,885	)

Summary of health care cost trend rate on gross eligible charges

	Medical
Current trend rate		7.6	%
Ultimate trend rate		5.1	%
Year ultimate trend rate reached		2018

Effect of one percentage point change in assumed health care cost trend rates

	1-Percentage-Point Increase		1-Percentage-Point Decrease
Effect on total of service and interest cost components	$	62	$	(52	)
Effect on postretirement benefit obligation	$	708	$	(603	)