Financial Instruments and Fair Value Measurements (Tables)

3 Months Ended

Jan. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

The following table presents the fair value for those assets and (liabilities) measured on a recurring basis as of January 31, 2015 (Dollars in millions):


	January 31, 2015
	Fair Value Measurement										Balance sheet
	Level 1		Level 2			Level 3		Total			Location
Interest rate derivatives	$	—	$	—		$	—	$	—		Other long-term liabilities
Foreign exchange hedges		—		0.6			—		0.6		Prepaid expenses and other current assets
Foreign exchange hedges		—		(0.2	)		—		(0.2	)	Other current liabilities
Insurance annuity		—		—			20.2		20.2		Other long-term assets

Total*	$	—	$	0.4		$	20.2	$	20.6


	October 31, 2014
	Fair Value Measurement										Balance sheet
	Level 1		Level 2			Level 3		Total			Location
Interest rate derivatives	$	—	$	(0.2	)	$	—	$	(0.2	)	Other long-term liabilities
Foreign exchange hedges		—		0.6			—		0.6		Prepaid expenses and other current assets
Foreign exchange hedges		—		(0.2	)		—		(0.2	)	Other current liabilities
Insurance annuity		—		—			22.6		22.6		Other long-term assets

Total*	$	—	$	0.2		$	22.6	$	22.8

*	The carrying amounts of cash and cash equivalents, trade accounts receivable, accounts payable, current liabilities and short-term borrowings as of January 31, 2015 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 and the Assets held by special purpose entities (Dollars in millions):


	January 31, 2015		October 31, 2014
Senior Notes due 2017
Estimated fair value	$	323.0	$	325.5

Senior Notes due 2019
Estimated fair value		283.8		287.5

Senior Notes due 2021
Estimated fair value		267.1		297.7

Assets held by special purpose entities
Estimated fair value		55.6		54.5

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 three months ended January 31, 2015 and 2014, respectively, all of which were valued using Level 3 inputs (Dollars in millions):


	Three months ended
	January 31,
	2015		2014
Long-lived assets held and used	$	0.2	$	0.2