Stockholders' Equity

9 Months Ended

Aug. 02, 2024

Stockholders' Equity Note [Abstract]

Stockholders' Equity

12 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)	August 2, 2024		August 4, 2023		October 31, 2023
Foreign currency translation adjustments	$	34.8	$	34.3	$	41.7
Pension benefits	4.3		3.6		4.3
Cash flow derivative instruments	3.8		(7.3)		(9.0)
Total accumulated other comprehensive loss	$	42.9	$	30.6	$	37.0

The components and activity of AOCL, net of tax, for the three and nine month periods ended August 2, 2024 and August 4, 2023 were as follows:

(Dollars in millions)	Foreign  Currency Translation Adjustments		Pension Benefits		Cash Flow Derivative Instruments		Total
Balance as of May 3, 2024	$	36.4	$	4.3	$	(4.9)	$	35.8
Other comprehensive (income) loss before reclassifications	(1.6)		—		7.1		5.5
Amounts reclassified from AOCL	—		—		1.6		1.6
Net current period other comprehensive (income) loss	(1.6)		—		8.7		7.1
Balance as of August 2, 2024	$	34.8	$	4.3	$	3.8	$	42.9

(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) loss before reclassifications	(6.9)		—		6.5		(0.4)
Amounts reclassified from AOCL	—		—		6.3		6.3
Net current period other comprehensive (income) loss	(6.9)		—		12.8		5.9
Balance as of August 2, 2024	$	34.8	$	4.3	$	3.8	$	42.9

(Dollars in millions)	Foreign  Currency Translation Adjustments		Pension Benefits		Cash Flow Derivative Instruments		Total
Balance as of May 5, 2023	$	32.3	$	3.6	$	(6.7)	$	29.2
Other comprehensive loss before reclassifications	2.0		—		2.5		4.5
Amounts reclassified from AOCL	—		—		(3.1)		(3.1)
Net current period other comprehensive loss (income)	2.0		—		(0.6)		1.4
Balance as of August 4, 2023	$	34.3	$	3.6	$	(7.3)	$	30.6

(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	(17.0)		—		27.2		10.2
Amounts reclassified from AOCL	—		—		(12.7)		(12.7)
Net current period other comprehensive (income) loss	(17.0)		—		14.5		(2.5)
Balance as of August 4, 2023	$	34.3	$	3.6	$	(7.3)	$	30.6

For additional information on the components reclassified from AOCL to the respective line items in net earnings for derivative instruments refer to Note 16, Derivative Instruments and Hedging Activities.