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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2021
Cash flows from operating activities:      
Net income $ 487,493 $ 513,103 $ 454,368
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 52,179 49,098 53,332
Amortization 59,719 50,825 50,551
Provision for losses on receivables 283 1,259 32
Deferred income taxes (16,116) (10,732) 4,071
Non-cash stock compensation 22,710 30,748 22,757
Loss (gain) on sale of property, plant and equipment 1,092 (581) 589
Pension settlement charge for U.S. Plans 0 41,221 0
Other non-cash 8,136 1,259 4,907
Changes in operating assets and liabilities:      
Receivables 18,185 (72,907) (13,720)
Inventories 22,418 (69,132) (50,584)
Prepaid expenses (14,677) (1,708) (5,209)
Accounts payable (15,820) 10,671 20,769
Income taxes payable 17,722 6,155 8,659
Accrued liabilities (28,620) 925 32,929
Customer advance payments (2,779) 18,682 36,167
Other 29,357 (55,755) (73,691)
Net cash provided by operating activities 641,282 513,131 545,927
Cash flows from investing activities:      
Additions to property, plant and equipment (34,583) (51,428) (38,303)
Proceeds from sale of property, plant and equipment 101 280 163
Acquisition of businesses, net of cash acquired (1,422,780) (171,613) 0
Other 20,383 0 4,971
Net cash used in investing activities (1,436,879) (222,761) (33,169)
Cash flows from financing activities:      
Proceeds from long-term debt 2,178,596 63,067 9,414
Repayment of long-term debt (1,202,553) (96,975) (298,830)
Repayment of capital lease obligations (6,840)    
Repayment of capital lease obligations   (5,439) (6,624)
Issuance of common shares 21,373 12,124 31,780
Purchase of treasury shares (89,708) (262,869) (60,970)
Dividends paid (150,356) (125,914) (97,683)
Net cash provided (used) in financing activities 750,512 (416,006) (422,913)
Effect of exchange rate changes on cash (2,693) (10,879) 1,834
Increase (decrease) in cash and cash equivalents (47,778) (136,515) 91,679
Cash and cash equivalents at beginning of year 163,457 299,972 208,293
Cash and cash equivalents at end of year $ 115,679 $ 163,457 $ 299,972