XML 27 R16.htm IDEA: XBRL DOCUMENT v3.25.0.1
Income taxes
3 Months Ended
Jan. 31, 2025
Income Tax Disclosure [Abstract]  
Income taxes
Income taxes
We record our interim provision for income taxes based on our estimated annual effective tax rate, as well as certain items discrete to the current period. The effective tax rate for the three months ended January 31, 2025 and 2024 was 19.0% and 21.0%, respectively. The effective tax rate for the three months ended January 31, 2025 is lower than the U.S. tax rate of 21% primarily due to the foreign-derived intangible income deduction.