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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Oct. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | Goodwill
(in millions) | Business & Industry |  | Manufacturing & Distribution |  | Education |  | Aviation |  | Technical Solutions |  | Total |  |
Balance at October 31, 2022 | $ | 1,087.8 |  |  | $ | 502.2 |  |  | $ | 459.3 |  |  | $ | 68.7 |  |  | $ | 367.4 |  |  | $ | 2,485.6 |  |  |
Acquisitions | 1.3 |  |  | — |  |  | — |  |  | — |  |  | (0.1) |  |  | 1.1 |  |  |
Foreign currency translation | 3.6 |  |  | — |  |  | — |  |  | 0.3 |  |  | 0.8 |  |  | 4.7 |  |  |
Balance at October 31, 2023 | $ | 1,092.7 |  |  | $ | 502.2 |  |  | $ | 459.3 |  |  | $ | 69.0 |  |  | $ | 368.0 |  |  | $ | 2,491.3 |  |  |
Acquisitions (1) | — |  |  | — |  |  | — |  |  | — |  |  | 80.6 |  |  | 80.6 |  |  |
Foreign currency translation | 2.6 |  |  | — |  |  | — |  |  | 0.4 |  |  | 1.1 |  |  | 4.1 |  |  |
Balance at October 31, 2024 | $ | 1,095.5 |  |  | $ | 502.2 |  |  | $ | 459.3 |  |  | $ | 69.4 |  |  | $ | 449.6 |  |  | $ | 2,575.9 |  |  |
(1) During 2024, goodwill increased primarily as a result of the Quality Uptime Acquisition. See Note 3, “Acquisitions”, for additional information.
Schedule of Other Intangible Assets | Other Intangible Assets
| As of October 31,
| 2024 |  | 2023
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Total |  | Gross Carrying Amount |  | Accumulated Amortization |  | Total
Customer contracts and relationships | $ | 748.2 |  |  | $ | (467.2) |  |  | $ | 281.0 |  |  | $ | 714.1 |  |  | $ | (413.2) |  |  | $ | 300.9 |
Trademarks and trade names | 12.7 |  |  | (11.7) |  |  | 1.0 |  |  | 12.1 |  |  | (11.1) |  |  | 1.0 |
Contract rights and other | 0.7 |  |  | (0.3) |  |  | 0.5 |  |  | 15.0 |  |  | (14.0) |  |  | 1.1 |
Total(1) | $ | 761.7 |  |  | $ | (479.3) |  |  | $ | 282.4 |  |  | $ | 741.2 |  |  | $ | (438.3) |  |  | $ | 302.9 |
(1) 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) | 2025 |  | 2026 |  | 2027 |  | 2028 |  | 2029
Estimated amortization expense(1) | $ | 51.7 |  |  | $ | 44.8 |  |  | $ | 39.0 |  |  | $ | 33.8 |  |  | $ | 28.5 |
(1) These amounts could vary as acquisitions of additional intangible assets occur in the future and as acquisition accounting is finalized for existing acquisitions.

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