Other Comprehensive Income Items (Tables)

12 Months Ended

Oct. 29, 2023

Other Comprehensive Income Items

Schedule of After-Tax Changes in Accumulated Other Comprehensive Income (Loss)

The after-tax components of accumulated other comprehensive income (loss) at October 29, 2023, October 30, 2022, and October 31, 2021 were as follows:

	2023		2022		2021
Cumulative translation adjustment	$	(136.8)	$	(169.0)	$	(54.5)
Unrealized gain on derivatives		34.8		66.8		6.8
Unrealized loss on debt securities		(2.4)		(2.5)		(1.7)
Total accumulated other comprehensive income (loss)	$	(104.4)	$	(104.7)	$	(49.4)

Schedule of Amounts Recorded in and Reclassifications out of Other Comprehensive Income (Loss) and the Income Tax Effects

The following reflect amounts recorded in and reclassifications out of other comprehensive income (loss) and the income tax effects:

	Before		Tax		After
	Tax		(Expense)		Tax
	Amount		Credit		Amount
2023
Cumulative translation adjustment	$	32.2			$	32.2
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		25.4	$	(5.3)		20.1
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(65.9)		13.8		(52.1)
Net unrealized gain (loss) on derivatives		(40.5)		8.5		(32.0)
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		.1				.1
Total other comprehensive income (loss)	$	(8.2)	$	8.5	$	.3
2022
Cumulative translation adjustment	$	(114.5)			$	(114.5)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		88.3	$	(18.5)		69.8
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(12.4)		2.6		(9.8)
Net unrealized gain (loss) on derivatives		75.9		(15.9)		60.0
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		(1.1)		.3		(.8)
Total other comprehensive income (loss)	$	(39.7)	$	(15.6)	$	(55.3)
2021
Cumulative translation adjustment	$	15.0			$	15.0
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		7.7	$	(1.6)		6.1
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		9.4		(2.0)		7.4
Net unrealized gain (loss) on derivatives		17.1		(3.6)		13.5
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		(.2)		.1		(.1)
Total other comprehensive income (loss)	$	31.9	$	(3.5)	$	28.4