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Financial Instruments and Fair Value Measurements (Tables) | 3 Months Ended
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Jan. 31, 2016
Fair Value Disclosures [Abstract] |
Recurring Fair Value Measurements | following table presents the fair value for those assets and (liabilities) measured on a recurring basis as of January 31, 2016 and October 31, 2015 (Dollars in millions):
|  | January 31, 2016 |  |  |
|  | Fair Value Measurement |  |  | Balance sheet
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |  |  | Location
Foreign exchange hedges |  | $ | — |  |  | $ | 0.3 |  |  | $ | — |  |  | $ | 0.3 |  |  | Prepaid expenses and other current assets
Foreign exchange hedges |  |  | — |  |  |  | (0.3 | ) |  |  | — |  |  |  | (0.3 | ) |  | Other current liabilities
Insurance annuity** |  |  | — |  |  |  | — |  |  |  | 19.8 |  |  |  | 19.8 |  |  | Other long-term assets
Total* |  | $ | — |  |  | $ | — |  |  | $ | 19.8 |  |  | $ | 19.8 |  |  |
|  | October 31, 2015 |  |  |
|  | Fair Value Measurement |  |  | Balance sheet
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |  |  | Location
Foreign exchange hedges |  | $ | — |  |  | $ | 0.3 |  |  | $ | — |  |  | $ | 0.3 |  |  | Prepaid expenses and other current assets
Foreign exchange hedges |  |  | — |  |  |  | (0.2 | ) |  |  | — |  |  |  | (0.2 | ) |  | Other current liabilities
Insurance annuity** |  |  | — |  |  |  | — |  |  |  | 20.1 |  |  |  | 20.1 |  |  | Other long-term assets
Total* |  | $ | — |  |  | $ | 0.1 |  |  | $ | 20.1 |  |  | $ | 20.2 |  |  |
* | The carrying amounts of cash and cash equivalents, trade accounts receivable, accounts payable, current liabilities and short-term borrowings as of January 31, 2016 and October 31, 2015 approximate their fair values because of the short-term nature of these items and are not included in this table.
** | The change in fair value of the insurance annuity is primarily due to changes in foreign currency exchange rates.
Estimated Fair Values for the Company's Senior Notes and Assets Held by Special Purpose Entities | The following table presents the estimated fair values of the Company’s senior notes and the assets held by special purpose entities (Dollars in millions):
|  | January 31, 2016 |  |  | October 31, 2015 |
Senior Notes due 2017 |  |  |  |  |  |  |  |
Estimated fair value |  | $ | 313.4 |  |  | $ | 314.8 |
Senior Notes due 2019 |  |  |  |  |  |  |  |
Estimated fair value |  |  | 278.8 |  |  |  | 280.6 |
Senior Notes due 2021 |  |  |  |  |  |  |  |
Estimated fair value |  |  | 249.6 |  |  |  | 258.7 |
Assets held by special purpose entities |  |  |  |  |  |  |  |
Estimated fair value |  |  | 54.7 |  |  |  | 54.4 |
Summary of Quantitative about Significant Unobservable Inputs Used to Determine Fair Value of Impairment of Long-Lived Assets Held and Used and Net Assets Held for Sale | The following table presents quantitative information about the significant unobservable inputs used to determine the fair value of the impairment of long-lived assets held and used and net assets held for sale for the three months ended January 31, 2016.
|  | Quantitative Information about Level 3 Fair Value Measurements
|  | Fair Value of Impairment |  |  | Valuation Technique |  | Unobservable Input |  | Range of Input Values
|  | (in millions) |  |  |  |  |  |  |
January 31, 2016 |  |  |  |  |  |  |  |  |  |
Impairment of Net Assets Held for Sale |  | $ | 34.1 |  |  | Broker Quote/ Indicative Bids |  | Indicative Bids |  | N/A
Impairment of Long Lived Assets |  | $ | 5.0 |  |  | Sales Value |  | Sales Value |  | N/A
January 31, 2015 |  |  |  |  |  |  |  |  |  |
Impairment of Long Lived Assets |  | $ | 0.2 |  |  | Sales Value |  | Sales Value |  | N/A

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- Definition Tabular disclosure of quantitative information about the inputs used in the fair value measurement of assets. This disclosure may include, but is not limited to, the fair value of the asset, valuation technique used to measure fair value, the inputs used to measure fair value, the ranges of the inputs, and the weighted averages of the inputs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
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