Leases (Tables)

12 Months Ended

Oct. 31, 2024

Leases [Abstract]

Schedule of Lease Cost

The following table presents the lease expense incurred on the company’s operating, short-term, and variable leases (dollars in millions):

Fiscal Year Ended October 31	2024		2023		2022
Operating lease expense	$	36.1	$	24.0	$	22.6
Short-term lease expense	4.3		4.5		4.5
Variable lease expense	0.2		—		—
Total lease expense	$	40.6	$	28.5	$	27.1

The following table presents supplemental cash flow information related to the company's operating leases (dollars in millions):

Fiscal Year Ended October 31	2024		2023		2022
Right-of-use assets obtained in exchange for lease obligations	$	7.6	$	67.6	$	27.0
Operating cash flows for amounts included in the measurement of lease liabilities	$	25.8	$	20.9	$	19.2

The following table presents other lease information related to the company's operating leases as of October 31, 2024 and October 31, 2023:

	October 31, 2024		October 31, 2023
Weighted-average remaining lease term of operating leases in years	8.8		9.3
Weighted-average discount rate of operating leases	5.00	%	4.83	%

Schedule of Operating Lease Maturities

The following table reconciles the total undiscounted future cash flows based on the anticipated future minimum operating lease payments by fiscal year for the company's operating leases to the present value of operating lease liabilities recorded within the Consolidated Balance Sheets as of October 31, 2024 (dollars in millions):

	October 31, 2024
2025	$	25.1
2026	19.2
2027	15.6
2028	13.2
2029	10.3
Thereafter	60.3
Total future minimum operating lease payments	143.7
Less: imputed interest	24.3
Present value of operating lease liabilities	$	119.4