OTHER COMPREHENSIVE INCOME ITEMS (Tables)

6 Months Ended

Apr. 30, 2014

Schedule of After-Tax Changes in Accumulated Other Comprehensive Income (Loss)

The after-tax changes in accumulated other comprehensive income (loss) in millions of dollars follow:

	Retirement Benefits Adjustment	Cumulative Translation Adjustment	Unrealized Gain (Loss) on Derivatives	Unrealized Gain (Loss) on Investments	Total Accumulated Other Comprehensive Income (Loss)

Balance October 31, 2013	$ (2,809)	$ 113	$ (3)	$ 6	$ (2,693)
Other comprehensive income (loss) items before reclassification	12	(62)	(7)	1	(56)
Amounts reclassified from accumulated other comprehensive income	76		9		85
Net current period other comprehensive income (loss)	88	(62)	2	1	29
Balance April 30, 2014	$ (2,721)	$ 51	$ (1)	$ 7	$ (2,664)

Schedule of Reclassifications of Gains (Losses) Out of Accumulated Other Comprehensive Income (Loss)

The details about reclassifications of gains (losses) out of accumulated other comprehensive income (loss) in millions of dollars follows:

	Three Months Ended April 30, 2014	Six Months Ended April 30, 2014

Loss on derivatives
Interest rate contracts – Interest expense	$ (3)	$ (8)
Foreign exchange contracts – Other expense	(1)	(6)
Total	(4)	(14)
Tax credit	1	5
After-tax amount	(3)	(9)

Amortization of retirement benefit adjustments *
Pensions
Actuarial losses	(43)	(86)
Prior service costs	(6)	(12)
Settlements/curtailments	(4)	(6)
Health care and life insurance
Actuarial losses	(8)	(17)
Prior service credit	1	2
Total	(60)	(119)
Tax credit	22	43
After-tax amount	(38)	(76)

Total after-tax reclassifications for the period	$ (41)	$ (85)

* These accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail.

Schedule of Items Included in Other Comprehensive Income (Loss) and the Related Tax Effects

The items included in other comprehensive income (loss) and the related tax effects in millions of dollars follow:

Three Months Ended April 30, 2014	Before Tax Amount			Tax (Expense) Credit			After Tax Amount
Net unrealized gain on retirement benefits adjustment	$	60.2		$	(22.6	)	$	37.6
Cumulative translation adjustment	106.7			(.2		)	106.5
Net unrealized loss on derivatives	(.9		)	.3			(.6		)
Net unrealized gain on investments	3.7			(1.3		)	2.4
Total other comprehensive income (loss)	$	169.7		$	(23.8	)	$	145.9

Three Months Ended April 30, 2013
Net unrealized gain on retirement benefits adjustment	$	126.8		$	(45.8	)	$	81.0
Cumulative translation adjustment	(58.3		)	(1.5		)	(59.8		)
Net unrealized gain on derivatives	2.9			(.9		)	2.0
Net unrealized gain on investments	3.6			(1.3		)	2.3
Total other comprehensive income (loss)	$	75.0		$	(49.5	)	$	25.5

In the second quarter of 2014 and 2013, the noncontrolling interests’ comprehensive income was $.5 million and $.1 million, respectively, which consisted of net income of $.5 million in 2014 and $.1 million in 2013.

Six Months Ended April 30, 2014	Before Tax Amount			Tax (Expense) Credit			After Tax Amount
Net unrealized gain on retirement benefits adjustment	$	138.0		$	(50.3	)	$	87.7
Cumulative translation adjustment	(62.6		)	1.1			(61.5		)
Net unrealized gain on derivatives	3.6			(1.3		)	2.3
Net unrealized gain on investments	1.6			(.5		)	1.1
Total other comprehensive income (loss)	$	80.6		$	(51.0	)	$	29.6

Six Months Ended April 30, 2013
Net unrealized gain on retirement benefits adjustment	$	239.0		$	(87.9	)	$	151.1
Cumulative translation adjustment	(45.2		)	5.6			(39.6		)
Net unrealized gain on derivatives	8.7			(2.9		)	5.8
Net unrealized gain on investments	.2						.2
Total other comprehensive income (loss)	$	202.7		$	(85.2	)	$	117.5

In the first six months of 2014 and 2013, the noncontrolling interests’ comprehensive income was $.7 million and $.1 million, respectively, which consisted of net income of $.7 million in 2014 and $.1 million in 2013.