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Summary of Significant Accounting Policies and Related Data (Tables)
12 Months Ended
Oct. 31, 2023
Accounting Policies [Abstract]  
Schedule of Inventories
Inventories, net were as follows (dollars in millions):
October 3120232022
Raw materials and work in process$400.3 $482.9 
Finished goods and service parts844.2 738.1 
Total FIFO value1,244.5 1,221.0 
Less: adjustment to LIFO value156.7 169.9 
Total inventories, net$1,087.8 $1,051.1 
Schedule of Property, Plant and Equipment
Property, plant and equipment, net was as follows (dollars in millions):
October 3120232022
Land and land improvements$69.0 $59.6 
Buildings and leasehold improvements355.8 324.3 
Machinery and equipment624.6 557.6 
Tooling260.4 225.9 
Computer hardware and software98.0 104.7 
Construction in process133.2 144.4 
Property, plant and equipment, gross1,541.0 1,416.5 
Less: accumulated depreciation899.3 844.8 
Property, plant and equipment, net$641.7 $571.7 
Schedule of Changes in Accrued Warranties
The changes in accrued warranties were as follows (dollars in millions):
Fiscal Years Ended October 31202320222021
Beginning balance$134.5 $116.8 $107.1 
Changes in accrual related to warranties issued during the period1
90.1 81.5 73.5 
Acquisitions— 5.7 — 
Payments made during the period1
(84.5)(74.6)(71.3)
Changes in accrual related to pre-existing warranties1
3.8 5.1 7.5 
Ending balance$143.9 $134.5 $116.8 
1    Presentation of prior period changes in accrued warranties has been conformed to the current year presentation. There was no impact to the balance of accrued warranties in any period.
Reconciliations of Basic and Diluted Weighted Average Shares of Common Stock Outstanding
Reconciliations of basic and diluted weighted-average shares of common stock outstanding are as follows (in millions):
Fiscal Years Ended October 31202320222021
Basic
Weighted-average number of shares of common stock104.4 104.8 107.3 
Assumed issuance of contingent shares— — — 
Weighted-average number of shares of common stock outstanding – Basic104.4 104.8 107.3 
Diluted   
Weighted-average number of shares of common stock outstanding – Basic104.4 104.8 107.3 
Effect of dilutive securities0.9 0.8 1.1 
Weighted-average number of shares of common stock outstanding – Diluted105.3 105.6 108.5