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Retirement and Post-Retirement Benefit Plans (Tables)
9 Months Ended
Jul. 31, 2019
Retirement Benefits [Abstract]  
Schedule of Pension and Post-Retirement Benefit (Credit) Cost
The components of HP’s pension and post-retirement (credit) benefit cost recognized in the Consolidated Condensed Statements of Earnings were as follows:
 
Three months ended July 31
 
U.S. Defined Benefit Plans
 
Non-U.S. Defined Benefit Plans
 
Post-Retirement Benefit Plans
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
In millions
Service cost
$

 
$

 
$
14

 
$
14

 
$

 
$

Interest cost
123

 
113

 
6

 
6

 
4

 
4

Expected return on plan assets
(146
)
 
(180
)
 
(9
)
 
(10
)
 
(5
)
 
(6
)
Amortization and deferrals:
 

 
 

 
 

 
 

 
 

 
 

Actuarial loss (gain)
15

 
14

 
8

 
7

 
(8
)
 
(4
)
Prior service benefit

 

 
(1
)
 
(1
)
 
(3
)
 
(5
)
Net periodic (credit) benefit cost
(8
)
 
(53
)
 
18

 
16

 
(12
)
 
(11
)
Curtailment gain

 

 
(9
)
 

 

 

Settlement loss
1

 
1

 

 

 

 

Total periodic (credit) benefit cost
$
(7
)
 
$
(52
)
 
$
9

 
$
16

 
$
(12
)
 
$
(11
)

 
Nine months ended July 31
 
U.S. Defined Benefit Plans
 
Non-U.S. Defined Benefit Plans
 
Post- Retirement Benefit Plans
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
In millions
Service cost
$

 
$

 
$
43

 
$
42

 
$

 
$

Interest cost
369

 
339

 
18

 
18

 
12

 
12

Expected return on plan assets
(437
)
 
(540
)
 
(28
)
 
(30
)
 
(15
)
 
(18
)
Amortization and deferrals:
 
 
 
 
 
 
 
 
 
 
 
Actuarial loss (gain)
45

 
45

 
24

 
21

 
(24
)
 
(12
)
Prior service benefit

 

 
(2
)
 
(3
)
 
(9
)
 
(15
)
Net periodic (credit) benefit cost
(23
)
 
(156
)
 
55

 
48

 
(36
)
 
(33
)
Curtailment gain

 

 
(9
)
 

 

 

Settlement loss
2

 
2

 

 

 

 

Total periodic (credit) benefit cost
$
(21
)
 
$
(154
)
 
$
46

 
$
48

 
$
(36
)
 
$
(33
)