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Financial Derivatives and Hedging (Tables)
 12 Months Ended
Oct. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments Recognized in Condensed Consolidated Statements of Income
The following table summarizes the amounts recognized with respect to our derivative instruments within the accompanying Consolidated Statements of Income:
Periods Ended October 31,
(In millions)202420232022
Derivatives designated as cash flow hedgesLocation of (Gain)/Loss Recognized on Derivatives
Interest rate swap contractsInterest expense (income)$(55.0)$(43.1)$2.3 
Schedule of Changes in Accumulated Other Comprehensive Income
Analysis of Changes in Accumulated Other Comprehensive Income (Loss):
(In millions)Foreign Currency Translation Adjustment Derivatives Minimum Pension Liability Total
Balance at October 31, 2021
$(320.3)$13.1 $(34.1)$(341.3)
Gross change in value(234.7)107.4 36.6 (90.7)
Tax effect(26.1)(8.7)34.8 
Balance at October 31, 2022
$(555.0)$94.4 $(6.2)$(466.8)
Gross change in value$17.0 $(9.4)$4.0 $11.6 
Tax effect2.4 (1.0)1.4 
Balance at October 31, 2023
$(538.0)$87.4 $(3.2)$(453.8)
Gross change in value$76.3 $(55.9)$(2.2)$18.2 
Tax effect— 13.4 0.5 13.9 
Balance at October 31, 2024
$(461.7)$44.9 $(4.9)$(421.7)
The following table details the changes in the cumulative pre-tax impact of the gain on derivatives designated for hedge accounting:
(In millions)Amount
Balance gain as of October 31, 2022
$124.5 
Amount recognized in other comprehensive income on interest rate swap contracts, gross ($25.7, net of tax)
33.7 
Amount reclassified from other comprehensive income into earnings, gross ($(32.7), net of tax)
(43.1)
Balance gain as of October 31, 2023
$115.1 
Amount recognized in other comprehensive income on interest rate swap contracts, gross ($(0.6), net of tax)
(0.9)
Amount reclassified from other comprehensive income into earnings, gross ($(41.9), net of tax)
(55.0)
Balance gain as of October 31, 2024
$59.2