OTHER COMPREHENSIVE INCOME ITEMS

12 Months Ended

Oct. 27, 2024

OTHER COMPREHENSIVE INCOME ITEMS

OTHER COMPREHENSIVE INCOME ITEMS

NOTE 18. OTHER COMPREHENSIVE INCOME ITEMS

The after-tax components of accumulated other comprehensive income (loss) at October 27, 2024, October 29, 2023, and October 30, 2022 were as follows:

	2024		2023		2022
Cumulative translation adjustment	$	(114.0)	$	(136.8)	$	(169.0)
Unrealized gain (loss) on derivatives		(31.3)		34.8		66.8
Unrealized loss on debt securities		(.9)		(2.4)		(2.5)
Accumulated other comprehensive loss	$	(146.2)	$	(104.4)	$	(104.7)

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
2024
Cumulative translation adjustment	$	22.8			$	22.8
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(9.7)	$	2.0		(7.7)
Reclassification of realized (gain) loss – Interest expense		(74.0)		15.6		(58.4)
Net unrealized gain (loss) on derivatives		(83.7)		17.6		(66.1)
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		2.4		(.9)		1.5
Total other comprehensive income (loss)	$	(58.5)	$	16.7	$	(41.8)
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 – 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 – 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)