Indebtedness

6 Months Ended

May 03, 2024

Debt Disclosure [Abstract]

Indebtedness

5 Indebtedness

The following is a summary of the company's indebtedness:

(Dollars in millions)	May 3, 2024		May 5, 2023		October 31, 2023
$600 million revolving credit facility, due October 2026	$	25.0	$	50.0	$	40.0
$270 million term loan, due October 2026	270.0		270.0		270.0
$200 million term loan, due April 2027	200.0		200.0		200.0
3.81% series A senior notes, due June 2029	100.0		100.0		100.0
3.91% series B senior notes, due June 2031	100.0		100.0		100.0
3.97% senior notes, due June 2032	100.0		100.0		100.0
7.8% debentures, due June 2027	100.0		100.0		100.0
6.625% senior notes, due May 2037	124.2		124.1		124.2
Less: unamortized debt issuance costs	2.4		2.9		2.7
Total long-term debt	1,016.8		1,041.2		1,031.5
Less: current portion of long-term debt	13.5		—		—
Long-term debt, less current portion	$	1,003.3	$	1,041.2	$	1,031.5

As of May 3, 2024, principal payments required on the company's outstanding indebtedness, based on the maturity dates defined within the company's debt arrangements, for the remainder of fiscal 2024 and succeeding fiscal years are as follows:

(Dollars in millions)	May 3, 2024
2024 (remaining)	$	—
2025	37.0
2026	288.0
2027	270.0
2028	—
2029	100.0
Thereafter	325.0
Total principal payments required	$	1,020.0

Covenants

The company is in compliance with all covenants under the company’s outstanding indebtedness as of May 3, 2024.