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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Oct. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill Activity and Carrying Amount by Segment | Goodwill
(in millions) | Business & Industry |  | Technology & Manufacturing |  | Education |  | Aviation |  | Technical Solutions |  | Healthcare |  | Total
Balance at October 31, 2018 | $ | 527.9 |  |  | $ | 407.2 |  |  | $ | 557.4 |  |  | $ | 124.9 |  |  | $ | 158.7 |  |  | $ | 58.7 |  |  | $ | 1,834.8 |
Reallocation(1) | 45.7 |  |  | — |  |  | 1.2 |  |  | — |  |  | 11.8 |  |  | (58.7) |  |  | — |
Foreign currency translation | 0.3 |  |  | — |  |  | — |  |  | 0.1 |  |  | 0.3 |  |  | — |  |  | 0.6 |
Balance at October 31, 2019 | $ | 573.9 |  |  | $ | 407.2 |  |  | $ | 558.6 |  |  | $ | 125.0 |  |  | $ | 170.7 |  |  | $ | — |  |  | $ | 1,835.4 |
Foreign currency translation | 0.1 |  |  | — |  |  | — |  |  | — |  |  | (0.3) |  |  | — |  |  | (0.2) |
Impairment loss(2) | — |  |  | — |  |  | (99.3) |  |  | (55.5) |  |  | (9.0) |  |  |  |  | (163.8) |
Balance at October 31, 2020 | $ | 574.0 |  |  | $ | 407.2 |  |  | $ | 459.3 |  |  | $ | 69.5 |  |  | $ | 161.5 |  |  | $ | — |  |  | $ | 1,671.4 |
(1) Goodwill associated with our Healthcare business was reallocated in connection with the reorganization of this business during the third quarter of 2019. (2) The impairment charge is included in “Impairment loss” on our Consolidated Statements of Comprehensive (Loss) Income for the year ended October 31, 2020, and is not tax deductible.
Significant Assumptions Used to Determine Fair Value of Auction Rate Securities | The discount rates utilized in the income approach valuation method are summarized in the table below.
|  | Discount Rates |  |
Education |  | 10.0% |  |
Aviation |  | 10.5% |  |
Technical Solutions |  | 11.0% |  |
Schedule of Other Intangible Assets | Other Intangible Assets
| October 31, 2020 |  | October 31, 2019
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Total |  | Gross Carrying Amount |  | Accumulated Amortization |  | Total
Customer contracts and relationships(1) | $ | 573.1 |  |  | $ | (333.6) |  |  | $ | 239.6 |  |  | $ | 595.9 |  |  | $ | (298.9) |  |  | $ | 297.0 |
Trademarks and trade names | 9.8 |  |  | (9.8) |  |  | — |  |  | 9.8 |  |  | (9.8) |  |  | 0.1 |
Contract rights and other | 0.5 |  |  | (0.4) |  |  | 0.1 |  |  | 0.5 |  |  | (0.4) |  |  | 0.1 |
Total(2) | $ | 583.5 |  |  | $ | (343.8) |  |  | $ | 239.7 |  |  | $ | 606.2 |  |  | $ | (309.0) |  |  | $ | 297.2 |
(1) Reflects a net impairment charge of $9.0 million recorded in 2020 as a result of the triggering event described above. We recognized net impairment charges of $5.6 million related to Aviation (consisting of a $13.8 million reduction in the gross carrying amount of the underlying customer relationships less $8.2 million of accumulated amortization) and $3.4 million related to our U.K. Technical Solutions business (consisting of an $8.7 million reduction in the gross carrying amount of the underlying customer relationships less $5.3 million of accumulated amortization). These impairment charges are included in “Impairment loss” on our Consolidated Statements of Comprehensive (Loss) Income for the year ended October 31, 2020. We did not record impairment charges on other intangible assets during 2019. (2) These intangible assets are being amortized over the expected period of benefit, with a weighted average life of approximately 11 years.
Schedule of Estimated Annual Amortization Expense | Estimated Annual Amortization Expense For Each of the Next Five Years
(in millions) | 2021 |  | 2022 |  | 2023 |  | 2024 |  | 2025
Estimated amortization expense(1) | $ | 42.1 |  |  | $ | 36.8 |  |  | $ | 32.2 |  |  | $ | 28.0 |  |  | $ | 23.9 |
(1) These amounts could vary as acquisitions of additional intangible assets occur in the future.

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