XML 27 R16.htm IDEA: XBRL DOCUMENT
v3.22.1

Warranties | 6 Months Ended
--- | ---
Apr. 30, 2022
Guarantees [Abstract] |
Warranties | Note 10. Warranties The Company’s products generally carry explicit warranties that extend from several months to several years, based on terms that are generally accepted in the marketplace. Selected components (such as engines, transmissions, tires, etc.) included in the Company’s end products may include warranties from original equipment manufacturers (“OEM”). These OEM warranties are passed on to the end customer of the Company’s products, and the customer deals directly with the applicable OEM for any issues encountered on those components. Changes in the Company’s warranty liability consisted of the following:
|  | Six Months Ended April 30, |
|  | 2022 |  |  | 2021 |
Balance at beginning of period |  | $ | 37.6 |  |  | $ | 37.0 |
Warranty provisions |  |  | 12.5 |  |  |  | 16.7 |
Settlements made |  |  | (14.9 | ) |  |  | (16.7 | )
Warranties for prior year acquisition |  |  | — |  |  |  | 1.2 |
Balance at end of period |  | $ | 35.2 |  |  | $ | 38.2 |
Accrued warranty is classified in the Company’s consolidated balance sheets as follows:
|  | April 30, 2022 |  |  | October 31, 2021 |
Current liabilities |  | $ | 21.2 |  |  | $ | 22.3 |
Other long-term liabilities |  |  | 14.0 |  |  |  | 15.3 |
Total warranty liability |  | $ | 35.2 |  |  | $ | 37.6 |

X
- References No definition available. + Details
Name: | us-gaap_GuaranteesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for standard and extended product warranties and other product guarantee contracts, including a tabular reconciliation of the changes in the guarantor's aggregate product warranty liability for the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -URI http://asc.fasb.org/topic&trid=2155896 + Details
Name: | us-gaap_ProductWarrantyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration