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Retirement, Pension and Other Postretirement Plans (Tables) | 12 Months Ended
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Oct. 31, 2016
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 |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Change in benefit obligation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Benefit obligation at beginning of year |  | $ | 361,039 |  |  | $ | 345,479 |  |  | $ | 90,615 |  |  | $ | 96,831 |
Service cost |  |  | 11,490 |  |  |  | 10,851 |  |  |  | 2,448 |  |  |  | 2,816 |
Interest cost |  |  | 15,932 |  |  |  | 15,037 |  |  |  | 2,294 |  |  |  | 2,561 |
Participant contributions |  |  | — |  |  |  | — |  |  |  | 115 |  |  |  | 127 |
Plan amendments |  |  | 173 |  |  |  | — |  |  |  | (3,050 | ) |  |  | — |
Settlements |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (3,260 | )
Curtailments |  |  | — |  |  |  | — |  |  |  | (6,790 | ) |  |  | — |
Other |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 475 |
Foreign currency exchange rate change |  |  | — |  |  |  | — |  |  |  | (7,675 | ) |  |  | (7,906 | )
Actuarial loss |  |  | 31,781 |  |  |  | 1,371 |  |  |  | 15,749 |  |  |  | 2,751 |
Benefits paid |  |  | (10,956 | ) |  |  | (11,699 | ) |  |  | (2,310 | ) |  |  | (3,780 | )
Benefit obligation at end of year |  | $ | 409,459 |  |  | $ | 361,039 |  |  | $ | 91,396 |  |  | $ | 90,615 |
Change in plan assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning fair value of plan assets |  | $ | 295,320 |  |  | $ | 277,912 |  |  | $ | 37,473 |  |  | $ | 39,618 |
Actual return on plan assets |  |  | 23,280 |  |  |  | 5,868 |  |  |  | 2,205 |  |  |  | 1,960 |
Company contributions |  |  | 26,223 |  |  |  | 23,239 |  |  |  | 3,793 |  |  |  | 4,888 |
Participant contributions |  |  | — |  |  |  | — |  |  |  | 115 |  |  |  | 127 |
Settlements |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (3,277 | )
Other |  |  | — |  |  |  | — |  |  |  | (145 | ) |  |  | — |
Foreign currency exchange rate change |  |  | — |  |  |  | — |  |  |  | (5,527 | ) |  |  | (2,063 | )
Benefits paid |  |  | (10,956 | ) |  |  | (11,699 | ) |  |  | (2,310 | ) |  |  | (3,780 | )
Ending fair value of plan assets |  | $ | 333,867 |  |  | $ | 295,320 |  |  | $ | 35,604 |  |  | $ | 37,473 |
Funded status at end of year |  | $ | (75,592 | ) |  | $ | (65,719 | ) |  | $ | (55,792 | ) |  | $ | (53,142 | )
Amounts recognized in financial statements: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Noncurrent asset |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Accrued benefit liability |  |  | (1,000 | ) |  |  | (784 | ) |  |  | (8 | ) |  |  | (7 | )
Long-term pension and retirement obligations |  |  | (74,592 | ) |  |  | (64,935 | ) |  |  | (55,784 | ) |  |  | (53,135 | )
Total amount recognized in financial statements |  | $ | (75,592 | ) |  | $ | (65,719 | ) |  | $ | (55,792 | ) |  | $ | (53,142 | )
|  | United States |  |  | International |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Amounts recognized in accumulated other comprehensive (gain) loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net actuarial loss |  | $ | 134,586 |  |  | $ | 114,898 |  |  | $ | 35,090 |  |  | $ | 30,544 |
Prior service cost (credit) |  |  | (139 | ) |  |  | (235 | ) |  |  | (3,445 | ) |  |  | (818 | )
Accumulated other comprehensive loss |  | $ | 134,447 |  |  | $ | 114,663 |  |  | $ | 31,645 |  |  | $ | 29,726 |
Amounts expected to be recognized during next fiscal year: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of net actuarial loss |  | $ | 9,336 |  |  | $ | 7,691 |  |  | $ | 2,558 |  |  | $ | 1,902 |
Amortization of prior service cost (credit) |  |  | 47 |  |  |  | 77 |  |  |  | (304 | ) |  |  | (89 | )
Total |  | $ | 9,383 |  |  | $ | 7,768 |  |  | $ | 2,254 |  |  | $ | 1,813 |
Summary of Changes in Accumulated Other Comprehensive (Gain) Loss | The following table summarizes the changes in accumulated other comprehensive (gain) loss:
|  | United States |  |  | International |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Balance at beginning of year |  | $ | 114,663 |  |  | $ | 111,290 |  |  | $ | 29,726 |  |  | $ | 33,688 |
Net (gain) loss arising during the year |  |  | 28,167 |  |  |  | 13,820 |  |  |  | 8,255 |  |  |  | 2,380 |
Prior service cost (credit) arising during the year |  |  | 173 |  |  |  | — |  |  |  | (3,050 | ) |  |  | — |
Net gain (loss) recognized during the year |  |  | (8,480 | ) |  |  | (9,742 | ) |  |  | (1,723 | ) |  |  | (2,268 | )
Prior service (cost) credit recognized during the year |  |  | (76 | ) |  |  | (121 | ) |  |  | 203 |  |  |  | 90 |
Settlement loss |  |  | — |  |  |  | (516 | ) |  |  | (160 | ) |  |  | (1,319 | )
Curtailment gain (loss) |  |  | — |  |  |  | (68 | ) |  |  | 1,526 |  |  |  | — |
Exchange rate effect during the year |  |  | — |  |  |  | — |  |  |  | (3,132 | ) |  |  | (2,845 | )
Balance at end of year |  | $ | 134,447 |  |  | $ | 114,663 |  |  | $ | 31,645 |  |  | $ | 29,726 |
Accumulated Benefit Obligation | Information regarding the accumulated benefit obligation is as follows:
|  | United States |  |  | International |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
For all plans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accumulated benefit obligation |  | $ | 397,350 |  |  | $ | 354,567 |  |  | $ | 77,166 |  |  | $ | 69,489 |
For plans with benefit obligations in excess of plan assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Projected benefit obligation |  |  | 409,459 |  |  |  | 361,039 |  |  |  | 90,852 |  |  |  | 82,521 |
Accumulated benefit obligation |  |  | 397,350 |  |  |  | 354,567 |  |  |  | 77,121 |  |  |  | 69,444 |
Fair value of plan assets |  |  | 333,867 |  |  |  | 295,320 |  |  |  | 35,533 |  |  |  | 37,424 |
Components of Net Periodic Benefits Cost | Net pension benefit costs include the following components:
|  | United States |  |  | International |
|  | 2016 |  |  | 2015 |  |  | 2014 |  |  | 2016 |  |  | 2015 |  |  | 2014 |
Service cost |  | $ | 11,490 |  |  | $ | 10,851 |  |  | $ | 8,071 |  |  | $ | 2,448 |  |  | $ | 2,816 |  |  | $ | 2,597 |
Interest cost |  |  | 15,932 |  |  |  | 15,037 |  |  |  | 13,921 |  |  |  | 2,294 |  |  |  | 2,561 |  |  |  | 3,185 |
Expected return on plan assets |  |  | (19,666 | ) |  |  | (18,316 | ) |  |  | (17,297 | ) |  |  | (1,501 | ) |  |  | (1,589 | ) |  |  | (1,772 | )
Amortization of prior service cost (credit) |  |  | 76 |  |  |  | 121 |  |  |  | 237 |  |  |  | (203 | ) |  |  | (90 | ) |  |  | (101 | )
Amortization of net actuarial (gain) loss |  |  | 8,480 |  |  |  | 9,742 |  |  |  | 7,940 |  |  |  | 1,723 |  |  |  | 2,285 |  |  |  | 1,233 |
Settlement loss |  |  | — |  |  |  | 516 |  |  |  | 632 |  |  |  | 160 |  |  |  | 1,319 |  |  |  | — |
Curtailment (gain) loss |  |  | — |  |  |  | 68 |  |  |  | — |  |  |  | (1,526 | ) |  |  |  |  |  |  |  |
Total benefit cost |  | $ | 16,312 |  |  | $ | 18,019 |  |  | $ | 13,504 |  |  | $ | 3,395 |  |  | $ | 7,302 |  |  | $ | 5,142 |
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 |
|  | 2016 |  |  | 2015 |  |  | 2014 |  |  | 2016 |  |  | 2015 |  |  | 2014 |
Assumptions used to determine benefit obligations at October 31: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 3.94 | % |  |  | 4.39 | % |  |  | 4.29 | % |  |  | 1.86 | % |  |  | 2.81 | % |  |  | 2.94 | %
Rate of compensation increase |  |  | 3.61 |  |  |  | 3.50 |  |  |  | 3.49 |  |  |  | 3.12 |  |  |  | 3.22 |  |  |  | 3.19 |
Assumptions used to determine net benefit costs for the years ended October 31: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 4.39 |  |  |  | 4.29 |  |  |  | 4.75 |  |  |  | 2.81 |  |  |  | 2.94 |  |  |  | 3.72 |
Expected return on plan assets |  |  | 6.72 |  |  |  | 6.76 |  |  |  | 7.24 |  |  |  | 4.22 |  |  |  | 4.39 |  |  |  | 4.60 |
Rate of compensation increase |  |  | 3.50 |  |  |  | 3.49 |  |  |  | 3.30 |  |  |  | 3.22 |  |  |  | 3.19 |  |  |  | 3.18 |
Allocation of Pension Plan Assets | The allocation of pension plan assets as of October 31, 2016 and 2015 is as follows:
|  | United States |  |  | International |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Asset Category |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity securities |  |  | 15 | % |  |  | 19 | % |  |  | — | % |  |  | — | %
Debt securities |  |  | 31 |  |  |  | 29 |  |  |  | — |  |  |  | — |
Insurance contracts |  |  | — |  |  |  | — |  |  |  | 59 |  |  |  | 54 |
Pooled investment funds |  |  | 53 |  |  |  | 51 |  |  |  | 39 |  |  |  | 46 |
Other |  |  | 1 |  |  |  | 1 |  |  |  | 2 |  |  |  | — |
Total |  |  | 100 | % |  |  | 100 | % |  |  | 100 | % |  |  | 100 | %
Fair Values of Pension Plan Assets | The fair values of our pension plan assets at October 31, 2016 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 |  | $ | 896 |  |  | $ | 896 |  |  | $ | — |  |  | $ | — |  |  | $ | 798 |  |  | $ | 798 |  |  | $ | — |  |  | $ | — |
Money market funds |  |  | 2,471 |  |  |  | 2,471 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Equity securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  |  |  |  |  |  |
Basic materials |  |  | 2,144 |  |  |  | 2,144 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Consumer goods |  |  | 3,457 |  |  |  | 3,457 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Financial |  |  | 5,930 |  |  |  | 5,930 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Healthcare |  |  | 3,344 |  |  |  | 3,344 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Industrial goods |  |  | 2,671 |  |  |  | 2,671 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Technology |  |  | 3,490 |  |  |  | 3,490 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Utilities |  |  | 857 |  |  |  | 857 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Mutual funds |  |  | 27,220 |  |  |  | 27,220 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Fixed income securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government |  |  | 38,466 |  |  |  | 6,888 |  |  |  | 31,578 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Corporate |  |  | 63,077 |  |  |  | — |  |  |  | 63,077 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other |  |  | 3,403 |  |  |  | — |  |  |  | 3,403 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other types of investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  |  |  |  |  |  |
Insurance contracts |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 20,927 |  |  |  | — |  |  |  | — |  |  |  | 20,927 |
Real estate collective funds |  |  | 20,402 |  |  |  | — |  |  |  | — |  |  |  | 20,402 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Pooled investment funds |  |  | 155,247 |  |  |  | — |  |  |  | 155,247 |  |  |  | — |  |  |  | 13,879 |  |  |  | — |  |  |  | 13,879 |  |  |  | — |
Other |  |  | 792 |  |  |  | 792 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
|  | $ | 333,867 |  |  | $ | 60,160 |  |  | $ | 253,305 |  |  | $ | 20,402 |  |  | $ | 35,604 |  |  | $ | 798 |  |  | $ | 13,879 |  |  | $ | 20,927 |
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 |
Change in Level 3 Fair Value of Plan Assets | The following tables present an analysis of changes during the years ended October 31, 2016 and 2015 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, 2015 |  | $ | 18,827 |  |  | $ | 20,432 |  |  | $ | 39,259 |
Actual return on plan assets: |  |  |  |  |  |  |  |  |  |  |  |
Assets held, end of year |  |  | 1,720 |  |  |  | 1,683 |  |  |  | 3,403 |
Assets sold during the period |  |  | 49 |  |  |  | — |  |  |  | 49 |
Purchases |  |  | — |  |  |  | 2,799 |  |  |  | 2,799 |
Sales |  |  | (194 | ) |  |  | (2,140 | ) |  |  | (2,334 | )
Foreign currency translation |  |  | — |  |  |  | (1,847 | ) |  |  | (1,847 | )
Ending balance at October 31, 2016 |  | $ | 20,402 |  |  | $ | 20,927 |  |  | $ | 41,329 |
|  | 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 |
Retiree Pension Benefit Payments | Retiree pension benefit payments, which reflect expected future service, are anticipated to be paid as follows:
Year |  | United States |  |  | International |
2017 |  | $ | 13,103 |  |  | $ | 1,456 |
2018 |  |  | 14,145 |  |  |  | 2,208 |
2019 |  |  | 15,347 |  |  |  | 3,815 |
2020 |  |  | 16,616 |  |  |  | 2,423 |
2021 |  |  | 17,925 |  |  |  | 2,588 |
2022-2026 |  |  | 109,799 |  |  |  | 16,433 |
Postretirement Benefit Costs [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 |
|  |  | 2016 |  |  |  | 2015 |  |  |  | 2016 |  |  |  | 2015 |
Change in benefit obligation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Benefit obligation at beginning of year |  | $ | 68,315 |  |  | $ | 69,479 |  |  | $ | 524 |  |  | $ | 897 |
Service cost |  |  | 849 |  |  |  | 979 |  |  |  | 16 |  |  |  | 29 |
Interest cost |  |  | 2,923 |  |  |  | 2,946 |  |  |  | 23 |  |  |  | 35 |
Participant contributions |  |  | 446 |  |  |  | 412 |  |  |  | — |  |  |  | — |
Foreign currency exchange rate change |  |  | — |  |  |  | — |  |  |  | (14 | ) |  |  | (111 | )
Actuarial (gain) loss |  |  | 1,818 |  |  |  | (3,677 | ) |  |  | 81 |  |  |  | (321 | )
Benefits paid |  |  | (2,447 | ) |  |  | (1,824 | ) |  |  | (7 | ) |  |  | (5 | )
Benefit obligation at end of year |  | $ | 71,904 |  |  | $ | 68,315 |  |  | $ | 623 |  |  | $ | 524 |
Change in plan assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning fair value of plan assets |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Company contributions |  |  | 2,001 |  |  |  | 1,412 |  |  |  | 7 |  |  |  | 5 |
Participant contributions |  |  | 446 |  |  |  | 412 |  |  |  | — |  |  |  | — |
Benefits paid |  |  | (2,447 | ) |  |  | (1,824 | ) |  |  | (7 | ) |  |  | (5 | )
Ending fair value of plan assets |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Funded status at end of year |  | $ | (71,904 | ) |  | $ | (68,315 | ) |  | $ | (623 | ) |  | $ | (524 | )
Amounts recognized in financial statements: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accrued benefit liability |  | $ | (2,123 | ) |  | $ | (2,142 | ) |  | $ | (7 | ) |  | $ | (7 | )
Long-term postretirement obligations |  |  | (69,781 | ) |  |  | (66,173 | ) |  |  | (616 | ) |  |  | (517 | )
Total amount recognized in financial statements |  | $ | (71,904 | ) |  | $ | (68,315 | ) |  | $ | (623 | ) |  | $ | (524 | )
|  | United States |  |  | International |
|  |  | 2016 |  |  |  | 2015 |  |  |  | 2016 |  |  |  | 2015 |
Amounts recognized in accumulated other comprehensive (gain) loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net actuarial (gain) loss |  | $ | 18,786 |  |  | $ | 17,652 |  |  | $ | (265 | ) |  | $ | (379 | )
Prior service credit |  |  | (306 | ) |  |  | (573 | ) |  |  | — |  |  |  | — |
Accumulated other comprehensive (gain) loss |  | $ | 18,480 |  |  | $ | 17,079 |  |  | $ | (265 | ) |  | $ | (379 | )
Amounts expected to be recognized during next fiscal year: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of net actuarial (gain) loss |  | $ | 917 |  |  | $ | 847 |  |  | $ | (17 | ) |  | $ | (25 | )
Amortization of prior service cost (credit) |  |  | (164 | ) |  |  | (267 | ) |  |  | — |  |  |  | — |
Total |  | $ | 753 |  |  | $ | 580 |  |  | $ | (17 | ) |  | $ | (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 |
|  |  | 2016 |  |  |  | 2015 |  |  |  | 2016 |  |  |  | 2015 |
Balance at beginning of year |  | $ | 17,079 |  |  | $ | 21,422 |  |  | $ | (379 | ) |  | $ | (86 | )
Net (gain) loss arising during the year |  |  | 1,818 |  |  |  | (3,677 | ) |  |  | 81 |  |  |  | (321 | )
Net gain (loss) recognized during the year |  |  | (684 | ) |  |  | (1,104 | ) |  |  | 25 |  |  |  | — |
Prior service credit recognized during the year |  |  | 267 |  |  |  | 438 |  |  |  | — |  |  |  | — |
Exchange rate effect during the year |  |  | — |  |  |  | — |  |  |  | 8 |  |  |  | 28 |
Balance at end of year |  | $ | 18,480 |  |  | $ | 17,079 |  |  | $ | (265 | ) |  | $ | (379 | )
Components of Net Periodic Benefits Cost | Net postretirement benefit costs include the following components:
|  | United States |  |  | International |
|  |  | 2016 |  |  |  | 2015 |  |  |  | 2014 |  |  |  | 2016 |  |  |  | 2015 |  |  |  | 2014 |
Service cost |  | $ | 849 |  |  | $ | 979 |  |  | $ | 1,037 |  |  | $ | 16 |  |  | $ | 29 |  |  | $ | 28 |
Interest cost |  |  | 2,923 |  |  |  | 2,946 |  |  |  | 3,062 |  |  |  | 23 |  |  |  | 35 |  |  |  | 38 |
Amortization of prior service credit |  |  | (267 | ) |  |  | (438 | ) |  |  | (449 | ) |  |  | — |  |  |  | — |  |  |  | — |
Amortization of net actuarial (gain) loss |  |  | 684 |  |  |  | 1,104 |  |  |  | 1,435 |  |  |  | (24 | ) |  |  | — |  |  |  | (13 | )
Total benefit cost |  | $ | 4,189 |  |  | $ | 4,591 |  |  | $ | 5,085 |  |  | $ | 15 |  |  | $ | 64 |  |  | $ | 53 |
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 |
|  | 2016 |  |  | 2015 |  |  | 2014 |  |  | 2016 |  |  | 2015 |  |  | 2014 |
Assumptions used to determine benefit obligations at October 31: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 4.05 | % |  |  | 4.50 | % |  |  | 4.40 | % |  |  | 3.40 | % |  |  | 4.35 | % |  |  | 4.25 | %
Health care cost trend rate |  |  | 3.63 |  |  |  | 3.72 |  |  |  | 3.93 |  |  |  | 6.13 |  |  |  | 6.31 |  |  |  | 6.48 |
Rate to which health care cost trend rate is assumed to decline (ultimate trend rate) |  |  | 3.24 |  |  |  | 3.27 |  |  |  | 3.41 |  |  |  | 3.50 |  |  |  | 3.50 |  |  |  | 3.50 |
Year the rate reaches the ultimate trend rate |  |  | 2026 |  |  |  | 2025 |  |  |  | 2024 |  |  |  | 2031 |  |  |  | 2031 |  |  |  | 2031 |
Assumption used to determine net benefit costs for the years ended October 31: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 4.50 | % |  |  | 4.40 | % |  |  | 4.80 | % |  |  | 4.35 | % |  |  | 4.25 | % |  |  | 4.95 | %
Retiree Pension Benefit Payments | Retiree postretirement benefit payments are anticipated to be paid as follows:
Year |  | United States |  |  | International |
2017 |  | $ | 2,123 |  |  | $ | 7 |
2018 |  |  | 2,310 |  |  |  | 10 |
2019 |  |  | 2,442 |  |  |  | 11 |
2020 |  |  | 2,663 |  |  |  | 12 |
2021 |  |  | 2,904 |  |  |  | 11 |
2022-2026 |  |  | 17,542 |  |  |  | 84 |
Defined Benefit Plan Effect of One Percentage Point Change in Assumed Health Care Cost Trend Rates | A one-percentage point change in 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 |
Health care trend rate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Effect on total service and interest cost components in 2016 |  | $ | 628 |  |  | $ | (495 | ) |  | $ | 10 |  |  | $ | (8 | )
Effect on postretirement obligation as of October 31, 2016 |  | $ | 11,024 |  |  | $ | (8,836 | ) |  | $ | 146 |  |  | $ | (113 | )

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