Warranties

3 Months Ended

Jan. 31, 2023

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:

	Three Months Ended January 31,
	2023			2022
Balance at beginning of period	$	31.9		$	37.6
Warranty provisions		6.2			5.5
Settlements made		(7.0	)		(6.6	)
Balance at end of period	$	31.1		$	36.5

Accrued warranty is classified in the Company’s consolidated balance sheets as follows:

	January 31, 2023		October 31, 2022
Current liabilities	$	19.2	$	18.9
Other long-term liabilities		11.9		13.0
Total warranty liability	$	31.1	$	31.9