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Financial Instruments and Fair Value Measurements (Tables)
12 Months Ended
Oct. 31, 2019
Fair Value Disclosures [Abstract]  
Schedule of Recurring Fair Value Measurements
The following table presents the fair value of those assets and (liabilities) measured on a recurring basis as of October 31, 2019 and 2018:
 
October 31, 2019
 
 
 
Fair Value Measurement
 
Balance Sheet Location
(in millions)
Level 1
 
Level 2
 
Level 3
 
Total
 
 
Interest rate derivatives
$

 
$
1.3

 
$

 
$
1.3

 
Other long-term assets and other current assets
Interest rate derivatives

 
(25.0
)
 

 
(25.0
)
 
Other long-term liabilities and other current liabilities
Foreign exchange hedges

 
0.9

 

 
0.9

 
Other current assets
Foreign exchange hedges

 
(0.2
)
 

 
(0.2
)
 
Other current liabilities
Insurance annuity

 

 
20.0

 
20.0

 
Other long-term assets
Cross currency swap

 
10.6

 

 
10.6

 
Other long-term assets and other current assets
Total
$

 
$
(12.4
)

$
20.0


$
7.6

 
 
 
 
 
 
 
 
 
 
 
 
 
October 31, 2018
 
 
 
Fair Value Measurement
 
Balance Sheet Location
(in millions)
Level 1
 
Level 2
 
Level 3
 
Total
 
 
Interest rate derivatives
$

 
$
16.5

 
$

 
$
16.5

 
Other long-term assets and other current assets
Foreign exchange hedges

 
2.6

 

 
2.6

 
Other current assets
Foreign exchange hedges

 
(0.7
)
 

 
(0.7
)
 
Other current liabilities
Insurance annuity

 

 
20.4

 
20.4

 
Other long-term assets
Cross currency swap

 
5.2

 

 
5.2

 
Other long-term assets and other current assets
Total
$


$
23.6


$
20.4


$
44.0

 
 

Schedule of Estimated Fair Values for the Company's Senior Notes and Assets Held by Special Purpose Entities
The following table presents the estimated fair values for the Company’s Senior Notes and Assets held by special purpose entities:
(in millions)
October 31, 2019
 
October 31, 2018
Senior Notes due 2019 estimated fair value
$

 
$
257.4

Senior Notes due 2021 estimated fair value
248.1

 
263.4

Senior Notes due 2027 estimated fair value
537.9

 

Assets held by special purpose entities estimated fair value
51.9

 
51.6


Schedule of Quantitative about Significant Unobservable Inputs Used to Determine Fair Value of Impairment of Long-Lived Assets Held and Used
The following table presents quantitative information about the significant unobservable inputs used to determine the fair value of the impairment of long-lived assets held and used and net assets held for sale for the twelve months ended October 31, 2019 and 2018:
 
Quantitative Information about Level 3 Fair Value Measurements
(in millions)
Fair Value of
Impairment
 
Valuation
Technique
 
Unobservable
Input
 
Range
of Input Values
October 31, 2019
 
 
 
 
 
 
 
Impairment of Net Assets Held for Sale
$
2.1

 
Indicative Bids
 
Indicative Bids
 
N/A
Impairment of Long Lived Assets
5.7

 
Sales Value
 
Sales Value
 
N/A
Total
$
7.8

 
 
 
 
 
 
 
 
 
 
 
 
 
 
October 31, 2018
 
 
 
 
 
 
 
Impairment of Net Assets Held for Sale
$
0.7

 
Broker Quote /
Indicative Bids
 
Indicative Bids
 
N/A
Impairment of Long Lived Assets
7.6

 
Sales Value
 
Sales Value
 
N/A
Total
$
8.3