Business Segment Information (Tables)

12 Months Ended

Oct. 31, 2024

Segment Reporting [Abstract]

Schedule of Business Segment Net Sales

The following table presents a summary of our business segment net sales:

(In millions)	2024		2023		2022
CooperVision net sales by category:
Toric and multifocal	$	1,257.2	$	1,134.4	$	1,001.8
Sphere, other	1,352.2		1,289.3		1,241.5
Total CooperVision net sales	2,609.4		2,423.7		2,243.3
CooperSurgical net sales by category:
Office and surgical	774.7		689.5		633.6
Fertility	511.3		480.0		431.5
Total CooperSurgical net sales	1,286.0		1,169.5		1,065.1
Total net sales	$	3,895.4	$	3,593.2	$	3,308.4

Schedule of Business Segment Information

Information by business segment for each of the years in the three-year period ended October 31, 2024, follows:

(In millions)	CooperVision		CooperSurgical		Corporate		Consolidated
2024
Net sales	$	2,609.4	$	1,286.0	$	—	$	3,895.4
Operating income (loss)	$	676.2	$	118.3	$	(88.8)	$	705.7
Interest expense							114.3
Other expense, net							9.1
Income before income taxes							$	582.3
Identifiable assets	$	7,285.1	$	4,832.0	$	198.1	$	12,315.2
Depreciation expense	$	151.8	$	22.1	$	—	$	173.9
Amortization expense	$	28.2	$	173.0	$	—	$	201.2
Capital expenditures	$	388.6	$	32.6	$	—	$	421.2
2023
Net sales	$	2,423.7	$	1,169.5	$	—	$	3,593.2
Operating income (loss)	$	587.7	$	16.1	$	(70.7)	$	533.1
Interest expense							105.3
Other expense, net							14.9
Income before income taxes							$	412.9
Identifiable assets	$	7,044.0	$	4,351.8	$	263.1	$	11,658.9
Depreciation expense	$	156.9	$	24.6	$	—	$	181.5
Amortization expense	$	32.9	$	153.3	$	—	$	186.2
Capital expenditures	$	364.4	$	28.1	$	—	$	392.5
2022
Net sales	$	2,243.3	$	1,065.1	$	—	$	3,308.4
Operating income (loss)	$	494.3	$	67.1	$	(53.8)	$	507.6
Interest expense							57.3
Other (income), net							(25.0)
Income before income taxes							$	475.3
Identifiable assets	$	6,778.9	$	4,407.8	$	305.6	$	11,492.3
Depreciation expense	$	144.5	$	22.1	$	—	$	166.6
Amortization expense	$	32.3	$	147.2	$	—	$	179.5
Capital expenditures	$	223.0	$	19.0	$	—	$	242.0

Schedule of Information by Geographical Area by Country of Domicile

Information by geographical area by country of domicile for each of the years in the three-year period ended October 31, 2024, follows:

(In millions)	United States		Europe		Rest of World, Other Eliminations & Corporate		Consolidated
2024
Net sales to unaffiliated customers	$	1,965.9	$	1,155.9	$	773.6	$	3,895.4
Sales between geographic areas	602.9		1,065.2		(1,668.1)		—
Net sales	$	2,568.8	$	2,221.1	$	(894.5)	$	3,895.4
Operating income	$	74.2	$	601.8	$	29.7	$	705.7
Long-lived assets	$	1,188.8	$	401.7	$	272.9	$	1,863.4
2023
Net sales to unaffiliated customers	$	1,812.2	$	1,041.2	$	739.8	$	3,593.2
Sales between geographic areas	563.1		1,016.7		(1,579.8)		—
Net sales	$	2,375.3	$	2,057.9	$	(840.0)	$	3,593.2
Operating income	$	—	$	516.2	$	16.9	$	533.1
Long-lived assets	$	1,027.6	$	325.9	$	279.1	$	1,632.6
2022
Net sales to unaffiliated customers	$	1,638.5	$	987.2	$	682.7	$	3,308.4
Sales between geographic areas	514.4		897.3		(1,411.7)		—
Net sales	$	2,152.9	$	1,884.5	$	(729.0)	$	3,308.4
Operating (loss) income	$	71.8	$	403.8	$	32.0	$	507.6
Long-lived assets	$	856.1	$	310.8	$	266.0	$	1,432.9