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Operating Segments and Geographic Area Data (Tables) | 12 Months Ended
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Oct. 31, 2023
Segment Reporting [Abstract] |
Reportable Segments | The following table presents information about our reportable segments:
| Industrial Precision Solutions |  | Medical and Fluid Solutions |  | Advanced Technology Solutions |  | Corporate |  | Total
Year ended October 31, 2023 |  |  |  |  |  |  |  |  |
Net external sales | $ | 1,391,046 |  |  | $ | 660,316 |  |  | $ | 577,270 |  |  | $ | — |  |  | $ | 2,628,632 |
Depreciation and amortization | 33,228 |  |  | 54,988 |  |  | 15,185 |  |  | 8,497 |  |  | 111,898 |
Operating profit (loss) | 460,889 |  |  | 189,367 |  |  | 101,662 |  |  | (79,157) |  |  | 672,761 |
Identifiable assets (a) | 1,932,527 |  |  | 1,544,456 |  |  | 730,192 |  |  | 1,105,471 |  |  | 5,312,646 |
Property, plant and equipment expenditures | 9,257 |  |  | 15,716 |  |  | 4,209 |  |  | 5,401 |  |  | 34,583 |
Year ended October 31, 2022 |  |  |  |  |  |  |  |  |
Net external sales | $ | 1,337,242 |  |  | $ | 690,177 |  |  | $ | 562,859 |  |  | $ | — |  |  | $ | 2,590,278 |
Depreciation and amortization | 27,891 |  |  | 54,674 |  |  | 8,780 |  |  | 8,578 |  |  | 99,923 |
Operating profit (loss) | 434,476 |  |  | 217,199 |  |  | 133,253 |  |  | (82,568) |  |  | 702,360 |
Identifiable assets (a) | 1,112,825 |  |  | 1,558,861 |  |  | 397,250 |  |  | 812,964 |  |  | 3,881,900 |
Property, plant and equipment expenditures | 9,490 |  |  | 31,009 |  |  | 2,383 |  |  | 8,546 |  |  | 51,428 |
Year ended October 31, 2021 |  |  |  |  |  |  |  |  |
Net external sales | $ | 1,246,947 |  |  | $ | 641,654 |  |  | $ | 473,608 |  |  | $ | — |  |  | $ | 2,362,209 |
Depreciation and amortization | 25,673 |  |  | 56,600 |  |  | 11,826 |  |  | 9,784 |  |  | 103,883 |
Operating profit (loss) | 414,192 |  |  | 198,194 |  |  | 73,466 |  |  | (70,725) |  |  | 615,127 |
Identifiable assets (a) | 964,840 |  |  | 1,519,144 |  |  | 394,572 |  |  | 967,796 |  |  | 3,846,352 |
Property, plant and equipment expenditures | 9,009 |  |  | 21,115 |  |  | 1,949 |  |  | 6,230 |  |  | 38,303 |
(a)Operating segment identifiable assets include notes and accounts receivable net of allowance for doubtful accounts, inventories net of reserves, property, plant and equipment net of accumulated depreciation and goodwill. Corporate assets are principally cash and cash equivalents, deferred income taxes, leases, headquarter facilities, the major portion of our enterprise management systems and intangible assets.
Sales and Long-lived Asset Information by Geographic Regions | We have significant sales and long-lived assets in the following geographic areas:
| 2023 |  | 2022 |  | 2021
Net external sales |  |  |  |  |
Americas | $ | 1,149,760 |  |  | $ | 1,096,596 |  |  | $ | 969,110 |
Europe | 682,676 |  |  | 645,603 |  |  | 617,492 |
Asia Pacific | 796,196 |  |  | 848,079 |  |  | 775,607 |
Total net external sales | $ | 2,628,632 |  |  | $ | 2,590,278 |  |  | $ | 2,362,209 |
Long-lived assets |  |  |  |  |
Americas | $ | 328,312 |  |  | $ | 332,709 |  |  | $ | 322,878 |
Europe | 109,428 |  |  | 62,039 |  |  | 67,776 |
Asia Pacific | 61,282 |  |  | 60,973 |  |  | 75,762 |
Total long-lived assets | $ | 499,022 |  |  | $ | 455,721 |  |  | $ | 466,416 |
Summary of Reconciliation of Consolidated Assets | A reconciliation of total assets for reportable segments to total consolidated assets is as follows:
| 2023 |  | 2022 |  | 2021
Total identifiable assets for reportable segments | $ | 5,312,646 |  |  | $ | 3,881,900 |  |  | $ | 3,846,352 |
Eliminations | (60,876) |  |  | (61,525) |  |  | (55,391) |
Total consolidated assets | $ | 5,251,770 |  |  | $ | 3,820,375 |  |  | $ | 3,790,961 |

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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