v3.25.3

Summary of Significant Accounting Policies and Related Data (Tables)

12 Months Ended

Oct. 31, 2025

Accounting Policies [Abstract]

Schedule of Inventories

Inventories, net were as follows (dollars in millions):

October 31						2025						2024
Raw materials and work in process						$	353.1					$	384.8
Finished goods and service parts						785.4						827.5
Total FIFO value						1,138.5						1,212.3
Excess of FIFO over LIFO cost						(217.7)						(173.4)
Total inventories, net						$	920.8					$	1,038.9

Schedule of Property, Plant and Equipment

Property, plant and equipment, net was as follows (dollars in millions):

October 31						2025						2024
Land and land improvements						$	78.3					$	72.8
Buildings and leasehold improvements						414.4						372.1
Machinery and equipment						715.6						676.9
Tooling						255.1						235.1
Computer hardware and software						108.1						103.2
Construction in process						65.1						116.9
Property, plant, and equipment, gross						1,636.6						1,577.0
Less: accumulated depreciation						1,020.8						932.2
Property, plant, and equipment, net						$	615.8					$	644.8

Schedule of Supplier Finance Program

The roll forward of the company's outstanding payment obligations financed by participating suppliers through the third-party financial institution's supply chain finance web-based platform is as follows (dollars in millions):

Balance as of October 31, 2024						$	98.8
Additions, including foreign currency translation						440.7
Payments						(470.7)
Balance as of October 31, 2025						$	68.8

Schedule of Changes in Accrued Warranties

The changes in accrued warranties were as follows (dollars in millions):

Fiscal Years Ended October 31						2025						2024						2023
Beginning balance						$	150.2					$	143.9					$	134.5
Changes in accrual related to warranties issued during the period						87.9						77.0						90.1
Payments made during the period						(97.1)						(88.0)						(84.5)
Changes in accrual related to pre-existing warranties						11.2						17.3						3.8
Ending balance						$	152.2					$	150.2					$	143.9

Schedule of Reconciliations of Basic and Diluted Weighted Average Shares of Common Stock Outstanding

Reconciliations of basic and diluted weighted-average shares of common stock outstanding are as follows (in millions):

Fiscal Years Ended October 31						2025						2024						2023
Basic
Weighted-average number of shares of common stock						99.5						103.8						104.4
Weighted-average number of shares of common stock outstanding – Basic						99.5						103.8						104.4
Diluted
Weighted-average number of shares of common stock outstanding – Basic						99.5						103.8						104.4
Effect of dilutive securities						0.3						0.6						0.9
Weighted-average number of shares of common stock outstanding – Diluted						99.8						104.4						105.3

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