Stockholders' Equity

6 Months Ended

May 03, 2024

Stockholders' Equity Note [Abstract]

Stockholders' Equity

11 Stockholders' Equity

Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss ("AOCL"), net of tax, within the Condensed Consolidated Statements of Stockholders' Equity were as follows:

(Dollars in millions)	May 3, 2024		May 5, 2023		October 31, 2023
Foreign currency translation adjustments	$	36.4	$	32.3	$	41.7
Pension benefits	4.3		3.6		4.3
Cash flow derivative instruments	(4.9)		(6.7)		(9.0)
Total accumulated other comprehensive loss	$	35.8	$	29.2	$	37.0

The components and activity of AOCL, net of tax, for the three and six month periods ended May 3, 2024 and May 5, 2023 were as follows:

(Dollars in millions)	Foreign  Currency Translation Adjustments		Pension Benefits		Cash Flow Derivative Instruments		Total
Balance as of February 2, 2024	$	34.4	$	4.3	$	(3.7)	$	35.0
Other comprehensive loss (income) before reclassifications	2.0		—		(3.6)		(1.6)
Amounts reclassified from AOCL	—		—		2.4		2.4
Net current period other comprehensive loss (income)	2.0		—		(1.2)		0.8
Balance as of May 3, 2024	$	36.4	$	4.3	$	(4.9)	$	35.8

(Dollars in millions)	Foreign  Currency Translation Adjustments		Pension Benefits		Cash Flow Derivative Instruments		Total
Balance as of October 31, 2023	$	41.7	$	4.3	$	(9.0)	$	37.0
Other comprehensive income before reclassifications	(5.3)		—		(0.6)		(5.9)
Amounts reclassified from AOCL	—		—		4.7		4.7
Net current period other comprehensive (income) loss	(5.3)		—		4.1		(1.2)
Balance as of May 3, 2024	$	36.4	$	4.3	$	(4.9)	$	35.8

(Dollars in millions)	Foreign  Currency Translation Adjustments		Pension Benefits		Cash Flow Derivative Instruments		Total
Balance as of February 3, 2023	$	30.1	$	3.6	$	(5.1)	$	28.6
Other comprehensive loss before reclassifications	2.2		—		3.1		5.3
Amounts reclassified from AOCL	—		—		(4.7)		(4.7)
Net current period other comprehensive loss (income)	2.2		—		(1.6)		0.6
Balance as of May 5, 2023	$	32.3	$	3.6	$	(6.7)	$	29.2

(Dollars in millions)	Foreign  Currency Translation Adjustments		Pension Benefits		Cash Flow Derivative Instruments		Total
Balance as of October 31, 2022	$	51.3	$	3.6	$	(21.8)	$	33.1
Other comprehensive (income) loss before reclassifications	(19.0)		—		24.7		5.7
Amounts reclassified from AOCL	—		—		(9.6)		(9.6)
Net current period other comprehensive (income) loss	(19.0)		—		15.1		(3.9)
Balance as of May 5, 2023	$	32.3	$	3.6	$	(6.7)	$	29.2

For additional information on the components reclassified from AOCL to the respective line items in net earnings for derivative instruments refer to Note 15, Derivative Instruments and Hedging Activities.