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Retirement, Pension and Other Postretirement Plans (Tables) | 12 Months Ended
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Oct. 31, 2015
Components of Net Periodic Pension Cost [Member] |
Reconciliation of the Benefit Obligations, Plan Assets, Accrued Benefit Cost and the Amount Recognized in Financial Statements for Pension Plans | A reconciliation of the benefit obligations, plan assets, accrued benefit cost and the amount recognized in financial statements for pension plans is as follows:
|  | United States |  |  | International |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Change in benefit obligation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Benefit obligation at beginning of year |  | $ | 345,479 |  |  | $ | 299,716 |  |  | $ | 96,831 |  |  | $ | 85,543 |
Service cost |  |  | 10,851 |  |  |  | 8,071 |  |  |  | 2,816 |  |  |  | 2,597 |
Interest cost |  |  | 15,037 |  |  |  | 13,921 |  |  |  | 2,561 |  |  |  | 3,185 |
Participant contributions |  |  | — |  |  |  | — |  |  |  | 127 |  |  |  | 137 |
Plan amendments |  |  | — |  |  |  | 186 |  |  |  | — |  |  |  | (419 | )
Settlements |  |  | — |  |  |  | — |  |  |  | (3,260 | ) |  |  | — |
Other |  |  | — |  |  |  | — |  |  |  | 475 |  |  |  | — |
Foreign currency exchange rate change |  |  | — |  |  |  | — |  |  |  | (7,906 | ) |  |  | (5,343 | )
Actuarial (gain) loss |  |  | 1,371 |  |  |  | 34,610 |  |  |  | 2,751 |  |  |  | 13,293 |
Benefits paid |  |  | (11,699 | ) |  |  | (11,025 | ) |  |  | (3,780 | ) |  |  | (2,162 | )
Benefit obligation at end of year |  | $ | 361,039 |  |  | $ | 345,479 |  |  | $ | 90,615 |  |  | $ | 96,831 |
Change in plan assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning fair value of plan assets |  | $ | 277,912 |  |  | $ | 243,506 |  |  | $ | 39,618 |  |  | $ | 37,078 |
Actual return on plan assets |  |  | 5,868 |  |  |  | 25,535 |  |  |  | 1,960 |  |  |  | 1,627 |
Company contributions |  |  | 23,239 |  |  |  | 19,896 |  |  |  | 4,888 |  |  |  | 4,009 |
Participant contributions |  |  | — |  |  |  | — |  |  |  | 127 |  |  |  | 137 |
Settlements |  |  | — |  |  |  | — |  |  |  | (3,277 | ) |  |  | — |
Foreign currency exchange rate change |  |  | — |  |  |  | — |  |  |  | (2,063 | ) |  |  | (1,071 | )
Benefits paid |  |  | (11,699 | ) |  |  | (11,025 | ) |  |  | (3,780 | ) |  |  | (2,162 | )
Ending fair value of plan assets |  | $ | 295,320 |  |  | $ | 277,912 |  |  | $ | 37,473 |  |  | $ | 39,618 |
Funded status at end of year |  | $ | (65,719 | ) |  | $ | (67,567 | ) |  | $ | (53,142 | ) |  | $ | (57,213 | )
Amounts recognized in financial statements: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Noncurrent asset |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 17 |
Accrued benefit liability |  |  | (784 | ) |  |  | (709 | ) |  |  | (7 | ) |  |  | (6 | )
Long-term pension and retirement obligations |  |  | (64,935 | ) |  |  | (66,858 | ) |  |  | (53,135 | ) |  |  | (57,224 | )
Total amount recognized in financial statements |  | $ | (65,719 | ) |  | $ | (67,567 | ) |  | $ | (53,142 | ) |  | $ | (57,213 | )
|  | United States |  |  | International |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Amounts recognized in accumulated other comprehensive (gain) loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net actuarial loss |  | $ | 114,898 |  |  | $ | 111,337 |  |  | $ | 30,544 |  |  | $ | 34,683 |
Prior service cost (credit) |  |  | (235 | ) |  |  | (47 | ) |  |  | (818 | ) |  |  | (995 | )
Accumulated other comprehensive loss |  | $ | 114,663 |  |  | $ | 111,290 |  |  | $ | 29,726 |  |  | $ | 33,688 |
Amounts expected to be recognized during next fiscal year: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of net actuarial loss |  | $ | 7,691 |  |  | $ | 8,694 |  |  | $ | 1,902 |  |  | $ | 2,459 |
Amortization of prior service cost (credit) |  |  | 77 |  |  |  | 121 |  |  |  | (89 | ) |  |  | (97 | )
Total |  | $ | 7,768 |  |  | $ | 8,815 |  |  | $ | 1,813 |  |  | $ | 2,362 |
Summary of Changes in Accumulated Other Comprehensive (Gain) Loss | The following table summarizes the changes in accumulated other comprehensive (gain) loss:
|  | United States |  |  | International |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Balance at beginning of year |  | $ | 111,290 |  |  | $ | 93,541 |  |  | $ | 33,688 |  |  | $ | 23,594 |
Net (gain) loss arising during the year |  |  | 13,820 |  |  |  | 26,372 |  |  |  | 2,380 |  |  |  | 13,438 |
Prior service cost (credit) arising during the year |  |  | — |  |  |  | 186 |  |  |  | — |  |  |  | (419 | )
Net gain (loss) recognized during the year |  |  | (9,742 | ) |  |  | (7,940 | ) |  |  | (2,268 | ) |  |  | (1,233 | )
Prior service (cost) credit recognized during the year |  |  | (121 | ) |  |  | (237 | ) |  |  | 90 |  |  |  | 101 |
Settlement loss |  |  | (516 | ) |  |  | (632 | ) |  |  | (1,319 | ) |  |  | — |
Curtailment loss |  |  | (68 | ) |  |  | — |  |  |  | — |  |  |  | — |
Exchange rate effect during the year |  |  | — |  |  |  | — |  |  |  | (2,845 | ) |  |  | (1,793 | )
Balance at end of year |  | $ | 114,663 |  |  | $ | 111,290 |  |  | $ | 29,726 |  |  | $ | 33,688 |
Accumulated Benefit Obligation | Information regarding the accumulated benefit obligation is as follows:
|  | United States |  |  | International |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
For all plans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accumulated benefit obligation |  | $ | 354,567 |  |  | $ | 336,464 |  |  | $ | 69,489 |  |  | $ | 75,305 |
For plans with benefit obligations in excess of plan assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Projected benefit obligation |  |  | 361,040 |  |  |  | 345,479 |  |  |  | 82,521 |  |  |  | 87,128 |
Accumulated benefit obligation |  |  | 354,567 |  |  |  | 336,464 |  |  |  | 69,444 |  |  |  | 73,135 |
Fair value of plan assets |  |  | 295,320 |  |  |  | 277,912 |  |  |  | 37,424 |  |  |  | 37,415 |
Defined Benefit Plan Net Periodic Benefit Cost | Net pension benefit costs include the following components:
|  | United States |  |  | International |
|  | 2015 |  |  | 2014 |  |  | 2013 |  |  | 2015 |  |  | 2014 |  |  | 2013 |
Service cost |  | $ | 10,851 |  |  | $ | 8,071 |  |  | $ | 8,896 |  |  | $ | 2,816 |  |  | $ | 2,597 |  |  | $ | 2,098 |
Interest cost |  |  | 15,037 |  |  |  | 13,921 |  |  |  | 12,314 |  |  |  | 2,561 |  |  |  | 3,185 |  |  |  | 2,872 |
Expected return on plan assets |  |  | (18,316 | ) |  |  | (17,297 | ) |  |  | (15,241 | ) |  |  | (1,589 | ) |  |  | (1,772 | ) |  |  | (1,512 | )
Amortization of prior service cost (credit) |  |  | 121 |  |  |  | 237 |  |  |  | 157 |  |  |  | (90 | ) |  |  | (101 | ) |  |  | (81 | )
Amortization of net actuarial (gain) loss |  |  | 9,742 |  |  |  | 7,940 |  |  |  | 13,995 |  |  |  | 2,285 |  |  |  | 1,233 |  |  |  | 1,406 |
Settlement loss |  |  | 516 |  |  |  | 632 |  |  |  | — |  |  |  | 1,319 |  |  |  | — |  |  |  | — |
Curtailment loss |  |  | 68 |  |  |  | — |  |  |  | — |  |  |  |  |  |  |  |  |  |  |  |  |
Total benefit cost |  | $ | 18,019 |  |  | $ | 13,504 |  |  | $ | 20,121 |  |  | $ | 7,302 |  |  | $ | 5,142 |  |  | $ | 4,783 |
Weighted Average Assumptions Representing the Rates Used to Develop the Actuarial Present Value of Projected Benefit Obligation and the Net Periodic Benefit Costs | The weighted average assumptions used in the valuation of pension benefits were as follows:
|  | United States |  |  | International |
|  | 2015 |  |  | 2014 |  |  | 2013 |  |  | 2015 |  |  | 2014 |  |  | 2013 |
Assumptions used to determine benefit obligations at October 31: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 4.39 | % |  |  | 4.29 | % |  |  | 4.75 | % |  |  | 2.81 | % |  |  | 2.94 | % |  |  | 3.72 | %
Rate of compensation increase |  |  | 3.50 |  |  |  | 3.49 |  |  |  | 3.30 |  |  |  | 3.22 |  |  |  | 3.19 |  |  |  | 3.18 |
Assumptions used to determine net benefit costs for the years ended October 31: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 4.29 |  |  |  | 4.75 |  |  |  | 3.85 |  |  |  | 2.94 |  |  |  | 3.72 |  |  |  | 3.52 |
Expected return on plan assets |  |  | 6.76 |  |  |  | 7.24 |  |  |  | 7.24 |  |  |  | 4.39 |  |  |  | 4.60 |  |  |  | 4.43 |
Rate of compensation increase |  |  | 3.49 |  |  |  | 3.30 |  |  |  | 3.30 |  |  |  | 3.19 |  |  |  | 3.18 |  |  |  | 3.13 |
The Effect of a One Percent Change in the Discount Rate, Expected Return on Assets and Compensation Increase | The effect of a one percent change in the discount rate, expected return on assets and compensation increase is shown in the table below. Bracketed numbers represent decreases in expense and obligation amounts.
|  | United States |  |  | International |
|  | 1% Point Increase |  |  | 1% Point Decrease |  |  | 1% Point Increase |  |  | 1% Point Decrease |
Discount rate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Effect on total service and interest cost components in 2015 |  | $ | (5,156 | ) |  | $ | 6,335 |  |  | $ | (1,605 | ) |  | $ | 2,206 |
Effect on pension obligation as of October 31, 2015 |  | $ | (45,247 | ) |  | $ | 56,766 |  |  | $ | (15,901 | ) |  | $ | 19,273 |
Expected return on assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Effect on total service and interest cost components in 2015 |  | $ | (2,582 | ) |  | $ | 2,582 |  |  | $ | (362 | ) |  | $ | 362 |
Compensation increase: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Effect on total service and interest cost components in 2015 |  | $ | 3,891 |  |  | $ | (2,228 | ) |  | $ | 1,274 |  |  | $ | (1,041 | )
Effect on pension obligation as of October 31, 2015 |  | $ | 19,507 |  |  | $ | (11,101 | ) |  | $ | 7,652 |  |  | $ | (6,922 | )
Allocation of Pension Plan Assets | The allocation of pension plan assets as of October 31, 2015 and 2014 is as follows:
|  | United States |  |  | International |  |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |  |
Asset Category |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity securities |  |  | 19 |  | % |  | 23 |  | % |  | — |  | % |  | — |  | %
Debt securities |  |  | 29 |  |  |  | 29 |  |  |  | — |  |  |  | — |  |
Insurance contracts |  |  | — |  |  |  | — |  |  |  | 54 |  |  |  | 58 |  |
Pooled investment funds |  |  | 51 |  |  |  | 47 |  |  |  | 46 |  |  |  | 42 |  |
Other |  |  | 1 |  |  |  | 1 |  |  |  | — |  |  |  | — |  |
Total |  |  | 100 |  | % |  | 100 |  | % |  | 100 |  | % |  | 100 |  | %
Fair Values of Pension Plan Assets | The fair values of our pension plan assets at October 31, 2015 by asset category are in the table below:
|  | United States |  |  | International |
|  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Cash |  | $ | 1,781 |  |  | $ | 1,781 |  |  | $ | — |  |  | $ | — |  |  | $ | 8 |  |  | $ | 8 |  |  | $ | — |  |  | $ | — |
Money market funds |  |  | 4,286 |  |  |  | 4,286 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Equity securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  |  |  |  |  |  |
Basic materials |  |  | 2,705 |  |  |  | 2,705 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Consumer goods |  |  | 4,173 |  |  |  | 4,173 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Financial |  |  | 6,989 |  |  |  | 6,989 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Healthcare |  |  | 3,436 |  |  |  | 3,436 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Industrial goods |  |  | 3,105 |  |  |  | 3,105 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Technology |  |  | 4,080 |  |  |  | 4,080 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Utilities |  |  | 822 |  |  |  | 822 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Mutual funds |  |  | 28,112 |  |  |  | 28,112 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Fixed income securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government |  |  | 29,219 |  |  |  | 7,276 |  |  |  | 21,943 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Corporate |  |  | 54,224 |  |  |  | — |  |  |  | 54,224 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other |  |  | 1,546 |  |  |  | — |  |  |  | 1,546 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other types of investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  |  |  |  |  |  |
Insurance contracts |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 20,432 |  |  |  | — |  |  |  | — |  |  |  | 20,432 |
Real estate collective funds |  |  | 18,827 |  |  |  | — |  |  |  | — |  |  |  | 18,827 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Pooled investment funds |  |  | 131,347 |  |  |  | — |  |  |  | 131,347 |  |  |  | — |  |  |  | 17,033 |  |  |  | — |  |  |  | 17,033 |  |  |  | — |
Other |  |  | 668 |  |  |  | 668 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
|  | $ | 295,320 |  |  | $ | 67,433 |  |  | $ | 209,060 |  |  | $ | 18,827 |  |  | $ | 37,473 |  |  | $ | 8 |  |  | $ | 17,033 |  |  | $ | 20,432 |
The fair values of our pension plan assets at October 31, 2014 by asset category are in the table below:
|  | United States |  |  | International |
|  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Cash |  | $ | 1,617 |  |  | $ | 1,617 |  |  | $ | — |  |  | $ | — |  |  | $ | 8 |  |  | $ | 8 |  |  | $ | — |  |  | $ | — |
Money market funds |  |  | 2,820 |  |  |  | 2,820 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Equity securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic materials |  |  | 3,224 |  |  |  | 3,224 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Consumer goods |  |  | 5,114 |  |  |  | 5,114 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Financial |  |  | 8,036 |  |  |  | 8,036 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Healthcare |  |  | 4,372 |  |  |  | 4,372 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Industrial goods |  |  | 3,527 |  |  |  | 3,527 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Technology |  |  | 4,226 |  |  |  | 4,226 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Utilities |  |  | 1,084 |  |  |  | 1,084 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Mutual funds |  |  | 31,255 |  |  |  | 31,255 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Fixed income securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government |  |  | 26,447 |  |  |  | 7,877 |  |  |  | 18,570 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Corporate |  |  | 50,720 |  |  |  | — |  |  |  | 50,720 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other |  |  | 2,486 |  |  |  | — |  |  |  | 2,486 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other types of investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Insurance contracts |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 23,174 |  |  |  | — |  |  |  | — |  |  |  | 23,174 |
Real estate collective funds |  |  | 16,495 |  |  |  | — |  |  |  | — |  |  |  | 16,495 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Pooled investment funds |  |  | 115,877 |  |  |  | — |  |  |  | 115,877 |  |  |  | — |  |  |  | 16,436 |  |  |  | — |  |  |  | 16,436 |  |  |  | — |
Other |  |  | 612 |  |  |  | 612 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
|  | $ | 277,912 |  |  | $ | 73,764 |  |  | $ | 187,653 |  |  | $ | 16,495 |  |  | $ | 39,618 |  |  | $ | 8 |  |  | $ | 16,436 |  |  | $ | 23,174 |
Change in Level 3 Fair Value of Plan Assets | The following tables present an analysis of changes during the years ended October 31, 2015 and 2014 in Level 3 plan assets, by plan asset class, for U.S. and International pension plans using significant unobservable inputs to measure fair value:
|  | Fair Value Measurements Using Significant Unobservable Inputs |
|  | (Level 3) |
|  | Real estate collective funds |  |  | Insurance contracts |  |  | Total |
Beginning balance at October 31, 2014 |  | $ | 16,495 |  |  | $ | 23,174 |  |  | $ | 39,669 |
Actual return on plan assets: |  |  |  |  |  |  |  |  |  |  |  |
Assets held, end of year |  |  | 2,469 |  |  |  | 724 |  |  |  | 3,193 |
Assets sold during the period |  |  | 36 |  |  |  | 7 |  |  |  | 43 |
Purchases |  |  | — |  |  |  | 3,769 |  |  |  | 3,769 |
Sales |  |  | (173 | ) |  |  | (5,763 | ) |  |  | (5,936 | )
Foreign currency translation |  |  | — |  |  |  | (1,479 | ) |  |  | (1,479 | )
Ending balance at October 31, 2015 |  | $ | 18,827 |  |  | $ | 20,432 |  |  | $ | 39,259 |
|  | Fair Value Measurements Using Significant Unobservable Inputs |
|  | (Level 3) |
|  | Real estate collective funds |  |  | Insurance contracts |  |  | Total |
Beginning balance at October 31, 2013 |  | $ | 14,958 |  |  | $ | 22,093 |  |  | $ | 37,051 |
Actual return on plan assets: |  |  |  |  |  |  |  |  |  |  |  |
Assets held, end of year |  |  | 1,667 |  |  |  | 771 |  |  |  | 2,438 |
Assets sold during the period |  |  | 25 |  |  |  | — |  |  |  | 25 |
Purchases |  |  | — |  |  |  | 2,816 |  |  |  | 2,816 |
Sales |  |  | (155 | ) |  |  | (1,529 | ) |  |  | (1,684 | )
Foreign currency translation |  |  | — |  |  |  | (977 | ) |  |  | (977 | )
Ending balance at October 31, 2014 |  | $ | 16,495 |  |  | $ | 23,174 |  |  | $ | 39,669 |
Retiree Pension Benefit Payments | Retiree pension benefit payments, which reflect expected future service, are anticipated to be paid as follows:
Year |  | United States |  |  | International |
2016 |  | $ | 11,741 |  |  | $ | 3,010 |
2017 |  |  | 12,862 |  |  |  | 2,689 |
2018 |  |  | 13,878 |  |  |  | 3,383 |
2019 |  |  | 15,095 |  |  |  | 5,140 |
2020 |  |  | 16,389 |  |  |  | 3,723 |
2021-2025 |  |  | 101,531 |  |  |  | 19,573 |
Components of Net Postretirement Benefit Cost [Member] |
Reconciliation of the Benefit Obligations, Plan Assets, Accrued Benefit Cost and the Amount Recognized in Financial Statements for Pension Plans | A reconciliation of the benefit obligations, accrued benefit cost and the amount recognized in financial statements for other postretirement plans is as follows:
|  | United States |  |  | International |
|  |  | 2015 |  |  |  | 2014 |  |  |  | 2015 |  |  |  | 2014 |
Change in benefit obligation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Benefit obligation at beginning of year |  | $ | 69,479 |  |  | $ | 61,004 |  |  | $ | 897 |  |  | $ | 768 |
Service cost |  |  | 979 |  |  |  | 1,037 |  |  |  | 29 |  |  |  | 28 |
Interest cost |  |  | 2,946 |  |  |  | 3,062 |  |  |  | 35 |  |  |  | 38 |
Participant contributions |  |  | 412 |  |  |  | 431 |  |  |  | — |  |  |  | — |
Foreign currency exchange rate change |  |  | — |  |  |  | — |  |  |  | (111 | ) |  |  | (63 | )
Actuarial (gain) loss |  |  | (3,677 | ) |  |  | 6,015 |  |  |  | (321 | ) |  |  | 130 |
Benefits paid |  |  | (1,824 | ) |  |  | (2,070 | ) |  |  | (5 | ) |  |  | (4 | )
Benefit obligation at end of year |  | $ | 68,315 |  |  | $ | 69,479 |  |  | $ | 524 |  |  | $ | 897 |
Change in plan assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning fair value of plan assets |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Company contributions |  |  | 1,412 |  |  |  | 1,639 |  |  |  | 5 |  |  |  | 4 |
Participant contributions |  |  | 412 |  |  |  | 431 |  |  |  | — |  |  |  | — |
Benefits paid |  |  | (1,824 | ) |  |  | (2,070 | ) |  |  | (5 | ) |  |  | (4 | )
Ending fair value of plan assets |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Funded status at end of year |  | $ | (68,315 | ) |  | $ | (69,479 | ) |  | $ | (524 | ) |  | $ | (897 | )
Amounts recognized in financial statements: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accrued benefit liability |  | $ | (2,142 | ) |  | $ | (2,069 | ) |  | $ | (7 | ) |  | $ | (7 | )
Long-term postretirement obligations |  |  | (66,173 | ) |  |  | (67,410 | ) |  |  | (517 | ) |  |  | (890 | )
Total amount recognized in financial statements |  | $ | (68,315 | ) |  | $ | (69,479 | ) |  | $ | (524 | ) |  | $ | (897 | )
|  | United States |  |  | International |
|  |  | 2015 |  |  |  | 2014 |  |  |  | 2015 |  |  |  | 2014 |
Amounts recognized in accumulated other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
comprehensive (gain) loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net actuarial (gain) loss |  | $ | 17,652 |  |  | $ | 22,434 |  |  | $ | (379 | ) |  | $ | (86 | )
Prior service credit |  |  | (573 | ) |  |  | (1,012 | ) |  |  | — |  |  |  | — |
Accumulated other comprehensive (gain) loss |  | $ | 17,079 |  |  | $ | 21,422 |  |  | $ | (379 | ) |  | $ | (86 | )
Amounts expected to be recognized |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
during next fiscal year: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of net actuarial (gain) loss |  | $ | 847 |  |  | $ | 1,187 |  |  | $ | (25 | ) |  | $ | — |
Amortization of prior service cost (credit) |  |  | (267 | ) |  |  | (438 | ) |  |  | — |  |  |  | — |
Total |  | $ | 580 |  |  | $ | 749 |  |  | $ | (25 | ) |  | $ | — |
Summary of Changes in Accumulated Other Comprehensive (Gain) Loss | The following table summarizes the changes in accumulated other comprehensive (gain) loss:
|  | United States |  |  | International |
|  |  | 2015 |  |  |  | 2014 |  |  |  | 2015 |  |  |  | 2014 |
Balance at beginning of year |  | $ | 21,422 |  |  | $ | 16,393 |  |  | $ | (86 | ) |  | $ | (243 | )
Net (gain) loss arising during the year |  |  | (3,677 | ) |  |  | 6,015 |  |  |  | (321 | ) |  |  | 130 |
Net gain (loss) recognized during the year |  |  | (1,104 | ) |  |  | (1,435 | ) |  |  | — |  |  |  | 13 |
Prior service credit recognized during the year |  |  | 438 |  |  |  | 449 |  |  |  | — |  |  |  | — |
Exchange rate effect during the year |  |  | — |  |  |  | — |  |  |  | 28 |  |  |  | 14 |
Balance at end of year |  | $ | 17,079 |  |  | $ | 21,422 |  |  | $ | (379 | ) |  | $ | (86 | )
Defined Benefit Plan Net Periodic Benefit Cost | Net postretirement benefit costs include the following components:
|  | United States |  |  | International |
|  |  | 2015 |  |  |  | 2014 |  |  |  | 2013 |  |  |  | 2015 |  |  |  | 2014 |  |  |  | 2013 |
Service cost |  | $ | 979 |  |  | $ | 1,037 |  |  | $ | 1,145 |  |  | $ | 29 |  |  | $ | 28 |  |  | $ | 35 |
Interest cost |  |  | 2,946 |  |  |  | 3,062 |  |  |  | 2,598 |  |  |  | 35 |  |  |  | 38 |  |  |  | 38 |
Amortization of prior service credit |  |  | (438 | ) |  |  | (449 | ) |  |  | (473 | ) |  |  | — |  |  |  | — |  |  |  | — |
Amortization of net actuarial (gain) loss |  |  | 1,104 |  |  |  | 1,435 |  |  |  | 2,112 |  |  |  | — |  |  |  | (13 | ) |  |  | (4 | )
Total benefit cost |  | $ | 4,591 |  |  | $ | 5,085 |  |  | $ | 5,382 |  |  | $ | 64 |  |  | $ | 53 |  |  | $ | 69 |
Weighted Average Assumptions Representing the Rates Used to Develop the Actuarial Present Value of Projected Benefit Obligation and the Net Periodic Benefit Costs | The weighted average assumptions used in the valuation of postretirement benefits were as follows:
|  | United States |  |  | International |
|  | 2015 |  |  | 2014 |  |  | 2013 |  |  | 2015 |  |  | 2014 |  |  | 2013 |
Assumptions used to determine benefit obligations at October 31: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 4.50 | % |  |  | 4.40 | % |  |  | 4.80 | % |  |  | 4.35 | % |  |  | 4.25 | % |  |  | 4.95 | %
Health care cost trend rate |  |  | 3.72 |  |  |  | 3.93 |  |  |  | 4.12 |  |  |  | 6.31 |  |  |  | 6.48 |  |  |  | 6.65 |
Rate to which health care cost trend rate is assumed to decline (ultimate trend rate) |  |  | 3.27 |  |  |  | 3.41 |  |  |  | 3.47 |  |  |  | 3.50 |  |  |  | 3.50 |  |  |  | 3.50 |
Year the rate reaches the ultimate trend rate |  |  | 2025 |  |  |  | 2024 |  |  |  | 2021 |  |  |  | 2031 |  |  |  | 2031 |  |  |  | 2031 |
Assumption used to determine net benefit costs for the years ended October 31: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 4.40 | % |  |  | 4.80 | % |  |  | 3.85 | % |  |  | 4.25 | % |  |  | 4.95 | % |  |  | 4.40 | %
Retiree Pension Benefit Payments | Retiree postretirement benefit payments are anticipated to be paid as follows:
Year |  | United States |  |  | International |
2016 |  | $ | 2,142 |  |  | $ | 7 |
2017 |  |  | 2,304 |  |  |  | 8 |
2018 |  |  | 2,466 |  |  |  | 11 |
2019 |  |  | 2,583 |  |  |  | 12 |
2020 |  |  | 2,773 |  |  |  | 12 |
2021-2025 |  |  | 17,097 |  |  |  | 78 |
Defined Benefit Plan Effect of One Percentage Point Change in Assumed Health Care Cost Trend Rates and Discount Rate | The discount rate and the health care cost trend rate assumptions have a significant effect on the amounts reported. For example, a one-percentage point change in the discount rate and the assumed health care cost trend rate would have the following effects. Bracketed numbers represent decreases in expense and obligation amounts.
|  | United States |  |  | International |
|  | 1% Point Increase |  |  | 1% Point Decrease |  |  | 1% Point Increase |  |  | 1% Point Decrease |
Discount rate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Effect on total service and interest cost components in 2015 |  | $ | (777 | ) |  | $ | 946 |  |  | $ | (6 | ) |  | $ | 7 |
Effect on postretirement obligation as of October 31, 2015 |  | $ | (9,474 | ) |  | $ | 12,040 |  |  | $ | (96 | ) |  | $ | 126 |
Health care trend rate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Effect on total service and interest cost components in 2015 |  | $ | 663 |  |  | $ | (524 | ) |  | $ | 17 |  |  | $ | (13 | )
Effect on postretirement obligation as of October 31, 2015 |  | $ | 10,492 |  |  | $ | (8,419 | ) |  | $ | 120 |  |  | $ | (93 | )

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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
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