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Credit Facility (Tables) | 3 Months Ended
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Jan. 31, 2019
Debt Disclosure [Abstract] |
Schedule of Credit Facility Information | Credit Facility Information
(in millions) |  | January 31, 2019 |  | October 31, 2018
Current portion of long-term debt |  |  |  |
Gross term loan |  | $ | 45.0 |  |  | $ | 40.0 |
Unamortized deferred financing costs |  | (2.9 | ) |  | (3.0 | )
Current portion of term loan |  | $ | 42.1 |  |  | $ | 37.0 |
Long-term debt |  |  |  |
Gross term loan |  | $ | 725.0 |  |  | $ | 740.0 |
Unamortized deferred financing costs |  | (6.2 | ) |  | (6.9 | )
Total noncurrent portion of term loan |  | 718.8 |  |  | 733.1 |
Line of credit(1)(2) |  | 227.0 |  |  | 169.0 |
Long-term debt |  | $ | 945.8 |  |  | $ | 902.0 |
(1) Standby letters of credit amounted to $152.4 million at January 31, 2019. (2) At January 31, 2019, we had borrowing capacity of $410.2 million; however, covenant restrictions limited our borrowing capacity to $352.5 million.
Schedule of Term Loan Maturities | As of January 31, 2019, the following principal payments are required under the term loan.
(in millions) |  | 2019 |  | 2020 |  | 2021 |  | 2022
Debt maturities |  | $ | 30.0 |  |  | $ | 60.0 |  |  | $ | 120.0 |  |  | $ | 560.0 |
Schedule of Interest Rate Swap Information |
Notional Amounts |  | Fixed Interest Rates |  | Effective Dates |  | Maturity Dates
$ 90.0 million |  | 2.83% |  | November 1, 2018 |  | April 30, 2021
$ 90.0 million |  | 2.84% |  | November 1, 2018 |  | October 31, 2021
$ 130.0 million |  | 2.86% |  | November 1, 2018 |  | April 30, 2022
$ 130.0 million |  | 2.84% |  | November 1, 2018 |  | September 1, 2022

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