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Financial Derivatives and Hedging (Tables)
9 Months Ended
Jul. 31, 2025
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 Condensed Statements of Income and Comprehensive Income:
Periods Ended July 31,Three MonthsNine Months
(In millions)2025202420252024
Derivatives designated as cash flow hedgesLocation of (Gain)/Loss Recognized on Derivatives
Interest rate swap contractsInterest expense (income)$(8.1)$(14.1)$(28.2)$(41.3)
Schedule of Changes in Accumulated Other Comprehensive Income
Analysis of Changes in Accumulated Other Comprehensive Loss:
(In millions)Foreign Currency Translation AdjustmentMinimum Pension LiabilityDerivative InstrumentsTotal
Balance at October 31, 2023$(538.0)$(3.2)$87.4 $(453.8)
Gross change in value62.5 — (44.4)18.1 
Tax effect— — 10.6 10.6 
Balance at July 31, 2024$(475.5)$(3.2)$53.6 $(425.1)
Balance at October 31, 2024$(461.7)$(4.9)$44.9 $(421.7)
Gross change in value47.3 — (23.4)23.9 
Tax effect— — 5.7 5.7 
Balance at July 31, 2025$(414.4)$(4.9)$27.2 $(392.1)
The following table details the changes in the cumulative pre-tax impact of the gain on derivatives designated for hedge accounting:
Periods Ended July 31,Three MonthsNine Months
(In millions)2025202420252024
Beginning balance gain$31.0 $106.4 $59.2 $115.1 
Amount recognized in accumulated other comprehensive income on interest rate swap contracts, gross
12.9 (21.6)4.8 (3.1)
Amount reclassified from accumulated other comprehensive income into earnings, gross
(8.1)(14.1)(28.2)(41.3)
Ending balance gain
$35.8 $70.7 $35.8 $70.7