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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2019
Cash flows from operating activities:      
Net earnings $ 409,880 $ 329,701 $ 273,983
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Non-cash income from finance affiliate (5,704) (7,663) (11,948)
Distributions from finance affiliate, net 4,779 12,066 10,343
Depreciation of property, plant and equipment 75,468 76,108 69,314
Amortization of other intangible assets 23,848 19,507 18,384
Fair value step-up adjustment to acquired inventory 0 3,951 39,368
Stock-based compensation expense 21,809 15,408 13,429
Deferred income taxes (22,899) 2,269 (6,190)
Other 457 492 6,357
Changes in operating assets and liabilities, net of the effect of acquisitions:      
Receivables, net (52,260) 15,206 (11,042)
Inventories, net (98,266) 20,963 (104,832)
Prepaid expenses and other assets 2,953 11,828 9,747
Accounts payable, accrued liabilities, and other liabilities 195,404 39,538 30,458
Net cash provided by operating activities 555,469 539,374 337,371
Cash flows from investing activities:      
Purchases of property, plant and equipment (104,012) (78,068) (92,881)
Business combinations, net of cash acquired (24,883) (138,225) (697,471)
Asset acquisitions, net of cash acquired (27,176) 0 0
Proceeds from asset disposals 1,035 216 4,669
Investments in unconsolidated entities 0 0 (200)
Proceeds from sale of a business 26,584 0 12,941
Net cash used in investing activities (128,452) (216,077) (772,942)
Cash flows from financing activities:      
Borrowings under debt arrangements 270,000 636,025 900,000
Repayments under debt arrangements (370,000) (546,025) (511,000)
Proceeds from exercise of stock options 13,100 22,198 29,336
Payments of withholding taxes for stock awards (2,037) (2,146) (2,662)
Purchases of TTC common stock (302,274) 0 (20,043)
Dividends paid on TTC common stock (112,440) (107,698) (96,133)
Net cash (used in) provided by financing activities (503,651) 2,354 299,498
Effect of exchange rates on cash and cash equivalents 2,354 2,413 (1,223)
Net (decrease) increase in cash and cash equivalents (74,280) 328,064 (137,296)
Cash and cash equivalents as of the beginning of the fiscal period 479,892 151,828 289,124
Cash and cash equivalents as of the end of the fiscal period 405,612 479,892 151,828
Cash paid during the fiscal year for:      
Interest 31,568 34,109 30,167
Income taxes $ 101,835 $ 69,524 $ 54,738