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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Oct. 31, 2025
Oct. 31, 2024
Oct. 31, 2023
Cash flows from operating activities:      
Net earnings $ 316.1 $ 418.9 $ 329.7
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Non-cash income from finance affiliate (18.7) (20.8) (19.2)
Distributions from finance affiliate, net 26.9 22.2 7.9
Depreciation of property, plant, and equipment 112.2 93.7 83.5
Amortization of other intangible assets 30.7 34.5 35.7
Stock-based compensation expense 19.0 23.0 19.4
Deferred income taxes (58.7) (27.9) (47.9)
Non-cash impairment charges 81.1 0.0 151.3
Other 5.7 (2.9) (0.2)
Changes in operating assets and liabilities, net of the effect of acquisitions:      
Receivables, net 83.2 (53.1) (71.6)
Inventories, net 109.3 27.5 (26.7)
Other assets 28.4 19.9 17.8
Accounts payable (86.6) 24.3 (149.9)
Other liabilities 13.4 10.6 (23.0)
Net cash provided by operating activities 662.0 569.9 306.8
Cash flows from investing activities:      
Purchases of property, plant, and equipment (83.7) (103.5) (149.5)
Proceeds from sales of property, plant, and equipment 0.8 0.3 0.4
Proceeds from insurance claim 0.0 4.3 7.1
Acquisitions, net of cash received (4.2) (0.8) (21.0)
Divestitures 9.7 40.0 5.3
Net cash used in investing activities (77.4) (59.7) (157.7)
Cash flows from financing activities:      
Borrowings under debt arrangements [1] 1,040.0 465.0 555.0
Repayments under debt arrangements [1] (1,040.0) (575.0) (515.0)
Proceeds from exercise of stock options 2.1 9.1 19.7
Payments of withholding taxes for stock awards (2.9) (3.9) (3.8)
Common stock repurchases (290.0) (245.5) (60.0)
Dividends paid on common stock (151.1) (149.5) (141.9)
Other (4.2) (5.3) (1.5)
Net cash used in financing activities (446.1) (505.1) (147.5)
Effect of exchange rates on cash and cash equivalents 3.0 1.3 3.3
Net increase in cash and cash equivalents 141.5 6.4 4.9
Cash and cash equivalents as of the beginning of the fiscal period 199.5 193.1 188.2
Cash and cash equivalents as of the end of the fiscal period 341.0 199.5 193.1
Cash paid during the fiscal year for:      
Interest 62.5 63.0 61.1
Income taxes $ 106.4 $ 91.7 $ 165.2
[1]
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.