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Pension and other postretirement plans
 6 Months Ended
Apr. 30, 2022
Retirement Benefits [Abstract]  
Pension and other postretirement plans
Pension and other postretirement plans
During the second quarter of 2022, we completed a partial plan settlement transaction in regards to two of our U.S. pension plans in which plan assets amounting to $171,181 were used to purchase a group annuity contract from The Prudential Insurance Company of America (Prudential). The settlement resulted in a loss of $41,221 which is included in Other-net on the Condensed Consolidated Statements of Income. This transaction relieved the Company of its responsibility for the pension obligation related to certain retired employees and transferred the obligation and payment responsibility to Prudential for retirement benefits owed to approximately 1,500 retirees and other beneficiaries. The annuity contract covered retirees who commenced receiving benefits on or before November 1, 2021. The monthly retirement benefit payment amounts currently received by retirees and their beneficiaries did not change as a result of this transaction. Plan participants not included in the transaction remain in the plans and responsibility for payment of the retirement benefits remains with the Company.
The components of net periodic pension cost for the three and six months ended April 30, 2022 and 2021 were:
 U.S.International
Three Months Ended2022202120222021
Service cost$4,728 $5,722 $431 $662 
Interest cost4,241 3,494 290 250 
Expected return on plan assets(8,511)(7,335)(367)(431)
Amortization of prior service cost (credit)12 (21)(13)(88)
Amortization of net actuarial loss2,318 4,042 593 1,011 
Settlement loss41,221 2,018 — — 
Total benefit cost$44,009 $7,920 $934 $1,404 
 U.S.International
Six Months Ended2022202120222021
Service cost$9,915 $11,488 $920 $1,180 
Interest cost7,824 6,834 588 470 
Expected return on plan assets(16,389)(14,088)(761)(822)
Amortization of prior service cost (credit)24 (41)(30)(165)
Amortization of net actuarial loss5,084 7,616 1,200 1,801 
Settlement loss41,221 2,018 — — 
Total benefit cost$47,679 $13,827 $1,917 $2,464 
The components of other postretirement benefit costs for the three and six months ended April 30, 2022 and 2021 were:
 U.S.International
Three Months Ended2022202120222021
Service cost$148 $216 $3 $3 
Interest cost474 456 3 3 
Amortization of net actuarial (gain) loss226 338 (12)(10)
Total benefit cost (income)$848 $1,010 $(6)$(4)
 U.S.International
Six Months Ended2022202120222021
Service cost$343 $392 $6 $7 
Interest cost962 910 6 6 
Amortization of net actuarial (gain) loss489 685 (24)(20)
Total benefit cost (income)$1,794 $1,987 $(12)$(7)
The components of net periodic pension cost other than service cost are included in Other – net in our Condensed Consolidated Statements of Income.