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Retirement Plans (Tables)
 12 Months Ended
Nov. 02, 2024
Retirement Benefits [Abstract]  
Schedule of net periodic pension cost of non-U.S. plans
Net annual periodic benefit cost of the Company’s pension and postretirement benefit plans for fiscal 2024, fiscal 2023 and fiscal 2022 is presented in the following table:
202420232022
Service cost$8,643 $7,728 $10,914 
Interest cost9,564 8,773 6,148 
Expected return on plan assets(5,061)(5,236)(4,540)
Recognized actuarial loss1,345 1,168 2,299 
Subtotal$14,491 $12,433 $14,821 
Settlement impact820 173 (35)
Net periodic benefit cost$15,311 $12,606 $14,786 
Schedule of obligation and asset data of the company's non-US plans
Obligation and asset data of the Company’s pension and postretirement benefit plans at November 2, 2024 and October 28, 2023 is presented in the following table:
20242023
Change in Benefit Obligation  
Benefit obligation at beginning of year$167,868 $157,730 
Service cost8,643 7,728 
Interest cost9,564 8,773 
Plan combinations
23,349 (3,880)
Settlement(13,240)(1,887)
Actuarial gain5,438 574 
Benefits paid(3,152)(6,352)
Exchange rate adjustment4,309 5,182 
Benefit obligation at end of year$202,779 $167,868 
Change in Plan Assets  
Fair value of plan assets at beginning of year$87,606 $84,029 
Actual return on plan assets9,479 (2,831)
Employer contributions10,273 10,811 
Plan combinations
4,602 — 
Settlements(13,240)(1,887)
Benefits paid(3,152)(6,352)
Exchange rate adjustment3,080 3,836 
Fair value of plan assets at end of year$98,648 $87,606 
Reconciliation of Funded Status  
Funded status$(104,131)$(80,262)
Amounts Recognized in the Balance Sheet  
Non-current assets$6,111 $— 
Current liabilities(3,254)(4,222)
Non-current liabilities(106,988)(76,040)
Net amount recognized$(104,131)$(80,262)
20242023
Reconciliation of Amounts Recognized in the Statement of Financial Position  
Net loss(25,961)(12,331)
Accumulated other comprehensive loss(25,961)(12,331)
Accumulated contributions less than net periodic benefit cost(78,170)(67,931)
Net amount recognized$(104,131)$(80,262)
Changes Recognized in Other Comprehensive Income (Loss)  
Changes in plan assets and benefit obligations recognized in other comprehensive income (loss)  
Net gain/loss arising during the year $1,019 $8,876 
Plan combinations13,413 — 
Effect of exchange rates on amounts included in AOCI1,363 (536)
Amounts recognized as a component of net periodic benefit cost  
Amortization or settlement recognition of net loss(2,165)(1,340)
Total recognized in other comprehensive gain/loss$13,630 $7,000 
Total recognized in net periodic cost and other comprehensive loss$28,941 $19,606 
Estimated amounts that will be amortized from AOCI over the next fiscal year  
Net loss$(2,148)$(1,281)
Schedule of accumulated and projected benefit obligation in excess of plan assets
Information relating to the Company’s pension and postretirement benefit plans with projected benefit obligations in excess of plan assets and accumulated benefit obligations in excess of plan assets at November 2, 2024 and October 28, 2023 is presented in the following table:
20242023
Plans with projected benefit obligations in excess of plan assets:  
Projected benefit obligation$155,777 $169,356 
Fair value of plan assets$43,944 $87,606 
Plans with accumulated benefit obligations in excess of plan assets:  
Projected benefit obligation$76,867 $112,200 
Accumulated benefit obligation$54,675 $98,477 
Fair value of plan assets$5,777 $45,555 
Schedule of weighted average assumptions used
The projected benefit obligation was determined using the following weighted-average assumptions:
20242023
Discount rate5.20 %5.73 %
Rate of increase in compensation levels5.23 %4.34 %
Net annual periodic benefit cost was determined using the following weighted average assumptions:
20242023
Discount rate5.73 %5.44 %
Expected long-term return on plan assets5.69 %5.84 %
Rate of increase in compensation levels4.34 %4.08 %
Schedule of plan assets measured at fair value on a recurring basis by investment categories
The following table presents plan assets measured at fair value on a recurring basis by investment categories as of November 2, 2024 and October 28, 2023 using the same three-level hierarchy described in Note 2j, Fair Value, of the Notes to Consolidated Financial Statements:
November 2, 2024October 28, 2023
Fair Value Measurement at Reporting Date Using:Fair Value Measurement at Reporting Date Using:
Quoted Prices in Active Markets for Identical Assets
(Level 1)		Significant Other Observable Inputs
(Level 2)		TotalQuoted Prices in Active Markets for Identical Assets
(Level 1)		Significant Other Observable Inputs
(Level 2)		Total
Unit trust funds(1)$— $7,264 $7,264 $— $4,803 $4,803 
Equities(1)6,675 — 6,675 7,851 8,375 16,226 
Fixed income securities(2)— 24,013 24,013 — 29,020 29,020 
Property (3)— 4,446 4,446 — 4,624 4,624 
Investment Funds (4)— 47,282 47,282 — 22,933 22,933 
Pooled Funds (5)— 4,582 4,582 — — — 
Cash and cash equivalents4,386 — 4,386 10,000 — 10,000 
Total assets measured at fair value$11,061 $87,587 $98,648 $17,851 $69,755 $87,606 
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(1)The majority of the assets in these categories are invested in a mix of equities, including those from North America, Europe and Asia. The funds are valued using the net asset value method in which an average of the market prices for underlying investments is used to value the fund. Due to the nature of the underlying assets of these funds, changes in market conditions and the economic environment may significantly impact the net asset value of these investments and, consequently, the fair value of the investments. These investments are redeemable at net asset value to the extent provided in the documentation governing the investments. However, these redemption rights may be restricted in accordance with governing documents. Publicly traded securities are valued at the last trade or closing price reported in the active market in which the individual securities are traded.
(2)Consists of funds primarily concentrated in non-U.S. debt instruments. The funds are valued using the net asset value method in which an average of the market prices for underlying investments is used to value the fund.
(3)Consists of funds that primarily invest in global real estate and infrastructure funds. The funds are valued using the net asset value method in which an average of the market prices for underlying investments is used to value the fund.
(4)Consists of liability driven investment funds that may hold a range of low-risk hedging instruments including but not limited to government bonds, interest rate and inflation swaps, physical inflation-linked and nominal gilts, synthetic gilts, cash and money market instruments. The investment funds are valued at the closing price reported if traded on an active market or at yields currently available on comparable securities of issuers with similar credit ratings.
(5)Consists of a fund-based variable insurance policy that declares a fixed return on a quarterly or annual basis. The fair value is the estimated surrender value of the policy.
Schedule of expected company contributions and estimated future benefit payments
Expected fiscal 2025 Company contributions and estimated future benefit payments are as follows:
Expected Company Contributions 
2025$10,773 
Expected Benefit Payments 
2025$6,793 
2026$5,632 
2027$6,853 
2028$8,029 
2029$9,017 
2030 through 2034
$64,282