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Retirement and Post-Retirement Benefit Plans
3 Months Ended
Jan. 31, 2018
Retirement Benefits [Abstract]  
Retirement and Post-Retirement Benefit Plans
Retirement and Post-Retirement Benefit Plans
The Company's net pension benefit cost for defined benefit plans recognized in the Condensed Consolidated Statements of Earnings for the three months ended January 31, 2018 and 2017, was as follows:
 
Three months ended January 31,
 
2018
 
2017
 
In millions
Service cost
$
26

 
$
40

Interest cost
55

 
50

Expected return on plan assets
(139
)
 
(133
)
Amortization and deferrals:
 

 
 

Actuarial loss
52

 
76

Prior service benefit
(4
)
 
(4
)
Net periodic benefit (credit) cost
(10
)
 
29

Special termination benefits
2

 
1

Plan expense allocation(1)

 
(12
)
Net benefit (credit) cost from continuing operations
(8
)
 
18

Summary of net benefit (credit) cost:
 
 
 
Continuing operations
(8
)
 
18

Discontinued operations

 
46

Net benefit (credit) cost
$
(8
)
 
$
64


 
(1)
Plan expense allocation represents the net cost impact of employees of HPE covered under Everett or Seattle plans and employees of Everett or Seattle covered under HPE plans.
Net pension benefit cost for the Company's post-retirement benefit plans was not material for the three months ended January 31, 2018 and 2017.
401(k) Plan
During 2017, the Company's active U.S. employees were eligible to participate in the Hewlett Packard Enterprise Company 401(k) Plan ("HPE 401(k) Plan"), under which the annual employer matching contribution was 50% of an employee’s contributions, up to a maximum of 6% of eligible compensation. Effective January 1, 2018, the HPE 401(k) Plan was amended such that quarterly employer matching contributions will be 100% of an employee's contributions, up to a maximum of 4% of eligible compensation.