RETIREMENT PLANS AND POST RETIREMENT PENSION PLANS (Tables)
6 Months Ended
Apr. 30, 2017
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Schedule of net pension and post-retirement benefit costs
For the three and six months ended April 30, 2017 and 2016, our net pension and post-retirement benefit cost (benefit) were comprised of the following:
 
Pensions
 
 
 
U.S. Defined Benefit Plans
 
Non-U.S. Defined Benefit
Plans
 
U.S. Post-Retirement
Benefit Plan
 
Three Months Ended April 30,
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
(in millions)
Service cost—benefits earned during the period
$
6

 
$
5

 
$
4

 
$
4

 
$

 
$

Interest cost on benefit obligation
5

 
6

 
5

 
8

 
2

 
2

Expected return on plan assets
(9
)
 
(9
)
 
(18
)
 
(18
)
 
(3
)
 
(4
)
Amortization:
 
 
 
 
 
 
 
 
 
 
 
Net actuarial losses
3

 
2

 
8

 
7

 
6

 
5

Prior service credit
(1
)
 
(2
)
 
(1
)
 

 
(4
)
 
(4
)
Total periodic benefit cost (benefit)
$
4

 
$
2

 
$
(2
)
 
$
1

 
$
1

 
$
(1
)


 
Pensions
 
 
 
U.S. Defined Benefit Plans
 
Non-U.S. Defined Benefit
Plans
 
U.S. Post-Retirement
Benefit Plan
 
Six Months Ended April 30,
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
(in millions)
Service cost—benefits earned during the period
$
11

 
$
10

 
$
8

 
$
8

 
$

 
$

Interest cost on benefit obligation
10

 
12

 
11

 
16

 
4

 
4

Expected return on plan assets
(17
)
 
(18
)
 
(37
)
 
(37
)
 
(6
)
 
(7
)
Amortization:
 
 
 
 
 
 
 
 
 
 
 
Net actuarial losses
7

 
4

 
17

 
14

 
11

 
10

Prior service credit
(3
)
 
(4
)
 
(1
)
 

 
(8
)
 
(8
)
Settlement gain

 

 
(68
)
 

 

 

Total periodic benefit cost (benefit)
$
8

 
$
4

 
$
(70
)
 
$
1

 
$
1

 
$
(1
)