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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
May 03, 2024
May 05, 2023
Cash flows from operating activities:    
Net earnings $ 209,700 $ 274,300
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Non-cash income from finance affiliate (10,400) (8,700)
Distributions from (contributions to) finance affiliate, net 9,300 (5,200)
Depreciation of property, plant, and equipment 43,400 38,300
Amortization of other intangible assets 17,500 17,900
Stock-based compensation expense 15,300 10,700
Other 600 900
Changes in operating assets and liabilities, net of the effect of acquisitions:    
Receivables, net (214,600) (127,200)
Inventories, net (15,600) (75,500)
Other assets (1,000) (7,700)
Accounts payable 81,000 (64,600)
Other liabilities (100) 8,500
Net cash provided by operating activities 135,100 61,700
Cash flows from investing activities:    
Purchases of property, plant, and equipment (39,500) (70,100)
Proceeds from insurance claim 0 7,100
Proceeds from asset disposals 100 300
Proceeds from divestitures 1,900 0
Net cash used in investing activities (37,500) (62,700)
Cash flows from financing activities:    
Net (repayments) borrowings under the revolving credit facility [1] (15,000) 50,000
Proceeds from exercise of stock options 1,900 17,600
Payments of withholding taxes for stock awards (2,500) (2,800)
Purchases of TTC common stock (10,000) (24,300)
Dividends paid on TTC common stock (75,100) (71,100)
Other (2,700) (1,600)
Net cash used in financing activities (103,400) (32,200)
Effect of exchange rates on cash and cash equivalents 1,500 (3,700)
Net decrease in cash and cash equivalents (4,300) (36,900)
Cash and cash equivalents as of the beginning of the fiscal period 193,100 188,200
Cash and cash equivalents as of the end of the fiscal period $ 188,800 $ 151,300
[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 financing activities.