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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2021
Cash flows from operating activities:      
Net earnings $ 329.7 $ 443.3 $ 409.9
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Non-cash income from finance affiliate (19.2) (8.8) (5.7)
Distributions from (contributions to) finance affiliate, net 7.9 (9.9) 4.8
Depreciation of property, plant, and equipment 83.5 74.9 75.5
Amortization of other intangible assets 35.7 33.9 23.8
Stock-based compensation expense 19.4 22.1 21.8
Deferred income taxes (47.9) (12.3) (22.9)
Non-cash impairment charges 151.3 0.0 0.0
Other (0.2) (0.1) 0.5
Changes in operating assets and liabilities, net of the effect of acquisitions:      
Receivables, net (71.6) (19.3) (52.3)
Inventories, net (26.7) (285.9) (98.3)
Other assets 17.8 (30.2) 3.0
Accounts payable (149.9) 66.3 139.3
Other liabilities (23.0) 23.2 56.1
Net cash provided by operating activities 306.8 297.2 555.5
Cash flows from investing activities:      
Purchases of property, plant and equipment (149.5) (143.5) (104.0)
Proceeds from insurance claim 7.1 0.0 0.0
Business combinations, net of cash acquired (21.0) (402.4) (24.9)
Asset acquisitions, net of cash acquired 0.0 (7.2) (27.2)
Proceeds from asset disposals 0.4 0.2 1.0
Proceeds from sale of a business 5.3 4.6 26.6
Net cash used in investing activities (157.7) (548.3) (128.5)
Cash flows from financing activities:      
Net borrowings under the revolving credit facility [1] 40.0 0.0 0.0
Long-term debt borrowings [1] 0.0 300.0 270.0
Long-term debt repayments [1] 0.0 0.0 (370.0)
Proceeds from exercise of stock options 19.7 10.3 13.1
Payments of withholding taxes for stock awards (3.8) (2.4) (2.1)
Purchases of TTC common stock (60.0) (140.0) (302.3)
Dividends paid on TTC common stock (141.9) (125.7) (112.4)
Other (1.5) 0.0 0.0
Net cash (used in) provided by financing activities (147.5) 42.2 (503.7)
Effect of exchange rates on cash and cash equivalents 3.3 (8.5) 2.4
Net increase (decrease) in cash and cash equivalents 4.9 (217.4) (74.3)
Cash and cash equivalents as of the beginning of the fiscal period 188.2 405.6 479.9
Cash and cash equivalents as of the end of the fiscal period 193.1 188.2 405.6
Cash paid during the fiscal year for:      
Interest 61.1 30.5 31.6
Income taxes $ 165.2 $ 120.5 $ 101.8
[1] Presentation of prior year revolving credit facility and long-term debt activity has been conformed to the current year presentation. There was no change to net cash (used in) provided by financing activities.