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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Cash flows from operating activities:    
Net income $ 343,908 $ 231,064
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 78,233 84,164
Non-cash stock compensation 18,077 9,005
Deferred income taxes (1,108) (6,402)
Other non-cash expense 1,450 5,874
Loss on sale of property, plant and equipment 528 274
Changes in operating assets and liabilities 12,565 2,455
Pension and postretirement plans (82,604) (24,657)
Other 4,407 8,181
Net cash provided by operating activities 375,456 309,958
Cash flows from investing activities:    
Additions to property, plant and equipment (28,073) (36,096)
Proceeds from sale of property, plant and equipment 82 164
Other 4,994 (2,000)
Acquisition of businesses, net of cash acquired 0 (125,260)
Net cash used in investing activities (22,997) (163,192)
Cash flows from financing activities:    
Proceeds from long-term debt 5,751 165,734
Repayment of long-term debt (298,041) (163,994)
Repayment of finance lease obligations (5,111) (5,814)
Issuance of common shares 24,136 46,304
Purchase of treasury shares (46,840) (51,897)
Dividends paid (68,021) (65,737)
Net cash used in financing activities (388,126) (75,404)
Effect of exchange rate changes on cash 1,609 (743)
Increase (decrease) in cash and cash equivalents (34,058) 70,619
Cash and cash equivalents:    
Beginning of year 208,293 151,164
End of period $ 174,235 $ 221,783