XML 58 R37.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Financial Derivatives and Hedging (Tables) | 12 Months Ended
--- | ---
Oct. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Derivative instruments recognized in condensed consolidated statements of income | The following table summarizes the amounts recognized with respect to our derivative instruments within the accompanying Consolidated Statements of Income:
Periods Ended October 31, |  |  |  |  |  |  |
(In millions) |  |  | 2022 |  | 2021 |  | 2020
Derivatives designated as cash flow hedges |  | Location of Loss (Income) Recognized on Derivatives |  |  |  |  |
Interest rate swap contracts |  | Interest expense (income) | $ | (2.3) |  |  | $ | 8.0 |  |  | $ | 3.7 |
Changes in accumulated other comprehensive (loss) income | Analysis of Changes in Accumulated Other Comprehensive Income (Loss):
(In millions) | Foreign Currency Translation Adjustment |  |  |  | Derivatives |  | Minimum Pension Liability |  | Total
Balance at October 31, 2019 | $ | (403.2) |  |  |  |  | $ | — |  |  | $ | (43.9) |  |  | $ | (447.1) |
Gross change in value | 0.9 |  |  |  |  | (17.1) |  |  | (16.8) |  |  | (33.0) |
Tax effect | — |  |  |  |  | 4.1 |  |  | 4.0 |  |  | 8.1 |
Balance at October 31, 2020 | $ | (402.3) |  |  |  |  | $ | (13.0) |  |  | $ | (56.7) |  |  | $ | (472.0) |
Gross change in value | $ | 82.2 |  |  |  |  | $ | 34.3 |  |  | $ | 29.8 |  |  | $ | 146.3 |
Tax effect | (0.2) |  |  |  |  | (8.2) |  |  | (7.2) |  |  | (15.6) |
Balance at October 31, 2021 | $ | (320.3) |  |  |  |  | $ | 13.1 |  |  | $ | (34.1) |  |  | $ | (341.3) |
Gross change in value | $ | (234.7) |  |  |  |  | $ | 107.4 |  |  | $ | 36.6 |  |  | $ | (90.7) |
Tax effect | — |  |  |  |  | (26.1) |  |  | (8.7) |  |  | (34.8) |
Balance at October 31, 2022 | $ | (555.0) |  |  |  |  | $ | 94.4 |  |  | $ | (6.2) |  |  | $ | (466.8) |
The following table details the changes in accumulated other comprehensive income:
(In millions) |  | Amount
Balance as of October 31, 2020 |  | $ | (17.1) |
Amount recognized in other comprehensive income on interest rate swap contracts, gross ($20.0, net of tax) |  | 26.3 |
Amount reclassified from other comprehensive income into earnings, gross ($6.1, net of tax) |  | 8 |
Balance gain as of October 31, 2021 |  | $ | 17.2 |
Amount recognized in other comprehensive income on interest rate swap contracts, gross ($79.7, net of tax) |  | 105.1 |
Amount reclassified from other comprehensive income into earnings, gross ($1.7, net of tax) |  | 2.2 |
Balance gain as of October 31, 2022 |  | $ | 124.5 |

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for cash flow hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfCashFlowHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration