Pension and Other Postretirement Plans

9 Months Ended

Jul. 31, 2020

Compensation And Retirement Disclosure [Abstract]

Pension and Other Postretirement Plans

6. Pension and other postretirement plans  

The components of net periodic pension cost for the three and nine months ended July 31, 2020 and 2019 were:

	U.S.						International
Three Months Ended	2020			2019			2020			2019
Service cost	$	5,146		$	3,740		$	519		$	484
Interest cost		3,970			4,736			256			416
Expected return on plan assets		(6,165	)		(5,908	)		(313	)		(397	)
Amortization of prior service credit		(21	)		(16	)		(72	)		(76	)
Amortization of net actuarial loss		3,510			1,938			739			424
Settlement loss		2,508			—			—			—
Total benefit cost	$	8,948		$	4,490		$	1,129		$	851
	U.S.						International
Nine Months Ended	2020			2019			2020			2019
Service cost	$	15,439		$	10,895		$	1,550		$	1,454
Interest cost		11,913			13,726			769			1,262
Expected return on plan assets		(18,499	)		(17,506	)		(948	)		(1,204	)
Amortization of prior service credit		(63	)		(46	)		(214	)		(228	)
Amortization of net actuarial loss		10,529			5,026			2,201			1,280
Settlement loss		2,508			—			—			—
Total benefit cost	$	21,827		$	12,095		$	3,358		$	2,564

During the third quarter of 2020, we recognized a settlement loss of $2,508 as a result of a lump sum distribution from our supplemental executive retirement plan.

The components of other postretirement benefit cost for the three and nine months ended July 31, 2020 and 2019 were:

	U.S.						International
Three Months Ended	2020			2019			2020			2019
Service cost	$	187		$	70		$	4		$	3
Interest cost		657			698			3			3
Amortization of prior service credit		(5	)		(6	)		—			—
Amortization of net actuarial (gain) loss		380			162			(9	)		(5	)
Total benefit cost	$	1,219		$	924		$	(2	)	$	1
	U.S.						International
Nine Months Ended	2020			2019			2020			2019
Service cost	$	520		$	401		$	11		$	13
Interest cost		1,830			2,195			10			15
Amortization of prior service credit		(13	)		(20	)		—			—
Amortization of net actuarial (gain) loss		1,057			467			(27	)		(22	)
Total benefit cost	$	3,394		$	3,043		$	(6	)	$	6

The components of net periodic pension cost other than service cost are included in Other – net in our Consolidated Statements of Income.