Financial Instruments and Fair Value Measurements (Tables)

12 Months Ended

Oct. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

The following table presents the fair value of those assets and (liabilities) measured on a recurring basis as of October 31, 2014 and 2013 (Dollars in millions):


	October 31, 2014										October 31, 2013										Balance sheet
	Level 1		Level 2			Level 3		Total			Level 1		Level 2			Level 3		Total			Location
Interest rate derivatives	$	—	$	(0.2	)	$	—	$	(0.2	)	$	—	$	(0.9	)	$	—	$	(0.9	)	Other long-term liabilities
Foreign exchange hedges		—		0.6			—		0.6			—		0.3			—		0.3		Prepaid expenses and other current assets
Foreign exchange hedges		—		(0.2	)		—		(0.2	)		—		(1.0	)		—		(1.0	)	Other current liabilities

Total*	$	—	$	0.2		$	—	$	0.2		$	—	$	(1.6	)	$	—	$	(1.6	)

*	The carrying amounts of cash and cash equivalents, trade accounts receivable, accounts payable, current liabilities and short-term borrowings as of October 31, 2014 and 2013 approximate their fair values because of the short-term nature of these items and are not included in this table.

Estimated Fair Values for the Company's Senior Notes and the Assets Held by Special Purpose Entities

The following table presents the estimated fair values for the Company’s Senior Notes, Assets held by special purpose entities and Insurance annuity (Dollars in millions):


	October 31, 2014		October 31, 2013
Senior Notes due 2017 Estimated fair value	$	325.5	$	334.5
Senior Notes due 2019 Estimated fair value		287.5		289.9
Senior Notes due 2021 Estimated fair value		297.7		317.9
Assets held by special purpose entities Estimated fair value		54.5		50.1
Insurance annuity Estimated Fair Value		22.6		24.0

Summary of Losses of Long Lived Assets at Fair Value on Non-recurring Basis

The following table is a summary of losses as a result of the Company measuring long-lived assets at fair value on a non-recurring basis during the years ended October 31, 2014, 2013, and 2012, all of which were valued using Level 3 inputs.


	2014		2013		2012
Long-lived assets held and used	$	14.1	$	27.4	$	3.0
Long-lived assets held for sale or disposal		21.4		4.0		10.2

Total	$	35.5	$	31.4	$	13.2