LEASES - (Tables)

12 Months Ended

Oct. 31, 2023

Leases [Abstract]

Schedule of Components of Lease Expense

The following table presents the lease expense components:

	Year Ended
(in millions)	October 31, 2023		October 31, 2022
Operating lease cost	$	64.4	$	64.6
Finance lease cost - amortization	4.8		1.3
Finance lease cost - interest	2.4		0.1
Other lease cost*	28.0		23.2
Total lease cost	$	99.6	$	89.2
*includes variable and short-term lease costs

The following table presents the weighted-average lease term and discount rate as of October 31, 2023 and October 31, 2022:

	October 31, 2023		October 31, 2022
Weighted-average remaining lease term (years):
Operating leases	9.1		9.9
Finance leases	7.9		2.6
Weighted-average discount rate:
Operating leases	4.50	%	3.77	%
Finance leases	6.18	%	3.34	%

The following table presents other required lease related information:

(in millions)	October 31, 2023		October 31, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used for operating liabilities	$	64.3	$	63.2
Financing cash flows used for finance leases	4.5		1.2
Leased assets obtained in exchange for new lease liabilities:
Leased assets obtained in exchange for new operating lease liabilities	95.0		22.3
Leased assets obtained in exchange for new finance lease liabilities	42.0		0.4

Schedule of Maturities of Operating Lease Liabilities

Future maturity for the Company’s lease liabilities, during the next five years, and in the aggregate for the years thereafter, are as follows:

(in millions)	Operating Leases		Finance Leases		Total expected payments
2024	$	64.8	$	6.7	$	71.5
2025	58.2		6.4		64.6
2026	49.2		6.3		55.5
2027	40.1		6.1		46.2
2028	32.0		6.1		38.1
Thereafter	106.4		18.4		124.8
Total lease payments	$	350.7	$	50.0	$	400.7
Less: interest	(56.7)		(18.7)		(75.4)
Lease liabilities	$	294.0	$	31.3	$	325.3