Significant Accounting Policies (Tables)

12 Months Ended

Oct. 31, 2022

Accounting Policies [Abstract]

Useful Lives of Property, Plant and Equipment and Depreciation

Useful lives are as follows:

Land improvements	15-25 years
Buildings	20-40 years
Machinery and equipment	3-18 years
Enterprise management systems	5-13 years

Weighted Average Useful Lives for Each Major Category of Amortizable Intangible Assets

At October 31, 2022, the weighted-average useful lives for each major category of amortizable intangible assets were:

Patent/technology costs	12 years
Customer relationships	14 years
Noncompete agreements	4 years
Trade names	15 years

Summary of Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss at October 31, 2022 and 2021 consisted of:

	Cumulative translation adjustments		Pension and postretirement benefit plan adjustments		Accumulated other comprehensive loss
Balance at October 31, 2021	$	(33,389)	$	(142,446)	$	(175,835)
Pension and postretirement plan changes, net of tax of ($31,007)	—		94,710		94,710
Currency translation losses	(126,657)		—		(126,657)
Balance at October 31, 2022	$	(160,046)	$	(47,736)	$	(207,782)

Reconciliation of Product Warranty Liability

Following is a reconciliation of the product warranty liability as of October 31, 2022 and 2021:

	2022		2021
Balance at beginning of year	$	11,113	$	10,550
Accruals for warranties	17,188		16,011
Warranty payments	(14,609)		(15,475)
Currency adjustments	(1,969)		27
Balance at end of year	$	11,723	$	11,113