v3.25.3
Leases (Tables)
 12 Months Ended
Oct. 31, 2025
Leases [Abstract]  
Schedule of Lease Cost
The following table presents the lease expense incurred on the company’s operating, short-term, and variable leases (dollars in millions):
Fiscal Year Ended October 31202520242023
Operating lease expense$28.5 $36.1 $24.0 
Short-term lease expense11.6 4.3 4.5 
Variable lease expense2.2 0.2 — 
Total lease expense$42.3 $40.6 $28.5 
The following table presents supplemental cash flow information related to the company's operating leases (dollars in millions):
Fiscal Year Ended October 31202520242023
Right-of-use assets obtained in exchange for lease obligations$23.1 $7.6 $67.6 
Operating cash flows for amounts included in the measurement of lease liabilities$27.0 $25.8 $20.9 
The following table presents other lease information related to the company's operating leases as of October 31, 2025 and October 31, 2024:
October 31, 2025October 31, 2024
Weighted-average remaining lease term of operating leases in years8.18.8
Weighted-average discount rate of operating leases5.04 %5.00 %
Schedule of Operating Lease Maturities
The following table reconciles the total undiscounted future cash flows based on the anticipated future minimum operating lease payments by fiscal year for the company's operating leases to the present value of operating lease liabilities recorded within the Consolidated Balance Sheets as of October 31, 2025 (dollars in millions):
October 31, 2025
2026$24.8 
202721.1 
202818.1 
202914.4 
203012.1 
Thereafter53.6 
Total future minimum operating lease payments144.1 
Less: imputed interest24.5 
Present value of operating lease liabilities$119.6