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Retirement and Post-Retirement Benefit Plans (Tables)
6 Months Ended
Apr. 30, 2018
Retirement Benefits [Abstract]  
Schedule of Pension and Post-Retirement Benefit (Credit) Cost
The components of HP’s pension and post-retirement benefit (credit) cost recognized in the Consolidated Condensed Statements of Earnings were as follows:
 
Three months ended April 30
 
U.S. Defined Benefit Plans
 
Non-U.S. Defined Benefit Plans
 
Post-Retirement Benefit Plans
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
 
In millions
Service cost
$

 
$

 
$
14

 
$
12

 
$

 
$

Interest cost
113

 
117

 
6

 
4

 
4

 
5

Expected return on plan assets
(179
)
 
(170
)
 
(10
)
 
(8
)
 
(6
)
 
(6
)
Amortization and deferrals:
 

 
 

 
 

 
 

 
 

 
 

Actuarial loss (gain)
16

 
18

 
7

 
10

 
(4
)
 
(5
)
Prior service benefit

 

 
(1
)
 
(1
)
 
(5
)
 
(5
)
Net periodic (credit) benefit cost
(50
)
 
(35
)
 
16

 
17

 
(11
)
 
(11
)
Settlement loss

 
3

 

 

 

 

Total periodic (credit) benefit cost
$
(50
)
 
$
(32
)
 
$
16

 
$
17

 
$
(11
)
 
$
(11
)
 
Six months ended April 30
 
U.S. Defined Benefit Plans
 
Non-U.S. Defined Benefit Plans
 
Post- Retirement Benefit Plans
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
 
In millions
Service cost
$

 
$

 
$
28

 
$
24

 
$

 
$

Interest cost
226

 
234

 
12

 
8

 
8

 
9

Expected return on plan assets
(360
)
 
(339
)
 
(20
)
 
(16
)
 
(12
)
 
(12
)
Amortization and deferrals:


 
 
 


 
 
 


 
 
Actuarial loss (gain)
31

 
36

 
14

 
20

 
(8
)
 
(7
)
Prior service benefit

 

 
(2
)
 
(2
)
 
(10
)
 
(10
)
Net periodic benefit (credit) cost
(103
)
 
(69
)
 
32

 
34

 
(22
)
 
(20
)
Settlement loss
1

 
3

 

 

 

 

Total periodic benefit (credit) cost
$
(102
)
 
$
(66
)
 
$
32

 
$
34

 
$
(22
)
 
$
(20
)