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Post-employment benefits
3 Months Ended
Jan. 31, 2022
Text block [abstract]  
Post-employment benefits
Note 9.    Post-employment benefits
The following tables provide details on the post-employment benefit expense recognized in the interim consolidated statement of income and on the remeasurements recognized in the interim consolidated statement of comprehensive income:
Defined benefit plan expense
$ millions, for the three months ended
 
2022
Jan. 31
 
 
2021
Oct. 31
 
 
2021
Jan. 31
 
 
2022
Jan. 31
 
 
2021
Oct. 31
 
 
2021
Jan. 31
 
  
 
Pension plans
 
 
Other
post-employment plans
 
Current service cost
 
$
66
 
  $ 70     $ 71    
$
2
 
  $ 1     $ 2  
Past service cost 
 
 
 –
 
 
 
 
(1
)
 
 
 
 
 
 
(8
)

 
 
 
9
 
 
 
 
Net interest (income) expense
 
 
(14
)     (3     (4  
 
5
 
    5       4  
Plan administration costs
 
 
2
 
    2       2    
 
 
           
Net defined benefit plan expense
(income)
recognized in net income

 
$
    54
 
  $     68     $     69    
$
    (1
)   $     15     $     6  
Defined contribution plan expense
 
$ millions, for the three months ended
  
2022
Jan. 31
 
  
2021
Oct. 31
 
  
2021
Jan. 31
 
Defined contribution pension plans
  
$
    17
 
   $ 8      $ 11  
Government pension plans
(1)
  
 
41
 
     34        36  
Total defined contribution plan expense
  
$
58
 
   $     42      $     47  
(1)
Includes Canada Pension Plan, Quebec Pension Plan, and U.S. Federal Insurance Contributions Act.
Remeasurement of employee defined benefit plans
(1)
$ millions, for the three months ended
 
2022
Jan. 31
 
 
2021
Oct. 31
 
 
2021
Jan. 31
 
 
2022
Jan. 31
 
 
2021
Oct. 31
 
 
2021
Jan. 31
 
  
 
  
 
 
Pension plans
 
 
Other
post-employment plans
 
Net actuarial gains (losses) on defined benefit obligation
 
$
    279
 
  $     265     $ 60    
$
15
 
  $ 42     $ 3  
Net actuarial gains (losses) on plan assets
 
 
(150
)
 
    20       207    
 
 
           
Changes in asset ceiling excluding interest income
 
 
 
    1          
 
 
           
Net remeasurement gains (losses) recognized in OCI
 
$
129
 
  $ 286     $     267    
$
    15
 
  $     42     $     3  
(1)
The Canadian post-employment defined benefit plans are remeasured on a quarterly basis for changes in the discount rate and for actual asset returns. All other Canadian plans’ actuarial assumptions and foreign plans’ actuarial assumptions are updated at least annually.