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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2020
Cash flows from operating activities:      
Net earnings $ 443,342 $ 409,880 $ 329,701
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Non-cash income from finance affiliate (8,801) (5,704) (7,663)
(Contributions to)/Distributions from finance affiliate, net (9,877) 4,779 12,066
Depreciation of property, plant and equipment 74,922 75,468 76,108
Amortization of other intangible assets 33,887 23,848 19,507
Fair value step-up adjustment to acquired inventory 535 0 3,951
Stock-based compensation expense 22,116 21,809 15,408
Deferred income taxes (12,264) (22,899) 2,269
Other (682) 457 492
Changes in operating assets and liabilities, net of the effect of acquisitions:      
Receivables, net (19,301) (52,260) 15,206
Inventories, net (285,891) (98,266) 20,963
Prepaid expenses and other assets (30,297) 2,953 11,828
Accounts payable, accrued liabilities, and other liabilities 89,483 195,404 39,538
Net cash provided by operating activities 297,172 555,469 539,374
Cash flows from investing activities:      
Purchases of property, plant and equipment (143,478) (104,012) (78,068)
Business combinations, net of cash acquired (402,386) (24,883) (138,225)
Asset acquisitions, net of cash acquired (7,225) (27,176) 0
Proceeds from asset disposals 237 1,035 216
Proceeds from sale of a business 4,605 26,584 0
Net cash used in investing activities (548,247) (128,452) (216,077)
Cash flows from financing activities:      
Borrowings under debt arrangements 700,000 270,000 636,025
Repayments under debt arrangements (400,000) (370,000) (546,025)
Proceeds from exercise of stock options 10,339 13,100 22,198
Payments of withholding taxes for stock awards (2,397) (2,037) (2,146)
Purchases of TTC common stock (139,993) (302,274) 0
Dividends paid on TTC common stock (125,709) (112,440) (107,698)
Net cash provided by (used in) financing activities 42,240 (503,651) 2,354
Effect of exchange rates on cash and cash equivalents (8,527) 2,354 2,413
Net (decrease) increase in cash and cash equivalents (217,362) (74,280) 328,064
Cash and cash equivalents as of the beginning of the fiscal period 405,612 479,892 151,828
Cash and cash equivalents as of the end of the fiscal period 188,250 405,612 479,892
Cash paid during the fiscal year for:      
Interest 30,454 31,568 34,109
Income taxes $ 120,487 $ 101,835 $ 69,524