Employee Benefit Plans (Tables)

12 Months Ended

Oct. 31, 2020

Retirement Benefits [Abstract]

Schedule of Information for the Plans

Information for the Plans

	As of October 31,
(in millions)	2020		2019
Net obligations	$	9.6	$	8.4
Projected benefit obligations	17.0		16.1
Fair value of assets	7.4		7.8

Schedule of Multiemployer Pension Plans

Key Information for Individually Significant Multiemployer Defined Benefit Pension Plans(1)

($ in millions)

Pension Protection Act Zone Status(3)

FIP/RP Status(4)

Contributions by ABM

Surcharge Imposed(5)

Expiration Dates of Collective Bargaining Agreements

Pension Fund

EIN/PN(2)

2020

2019

Pending/ Implemented

2020

2019

2018

Building Service 32BJ Pension Fund

13-1879376 / 001

Red 6/30/2019

Red 6/30/2018

Implemented

$

16.8

$

19.3

$

19.9

No

10/15/2023 – 12/31/2023

S.E.I.U. National Industry Pension Fund

52-6148540 / 001

Red 12/31/2019

Red 12/31/2018

Implemented

11.1

10.6

8.7

Yes

6/30/2021 – 10/31/2023

Central Pension Fund of the IUOE & Participating Employers

36-6052390 / 001

Green 1/31/2020

Green 1/31/2019

N/A*

7.1

11.7

11.0

N/A*

4/30/2021 – 12/31/2022

SEIU Local 1 & Participating Employers Pension Trust

36-6486542 / 001

Green 9/30/2019

Green 9/30/2018

N/A*

4.3

5.1

5.8

N/A*

4/4/2021

IUOE Stationary Engineers Local 39 Pension Plan

94-6118939 / 001

Green 12/31/2019

Green 12/31/2018

N/A*

4.3

4.6

5.2

N/A*

11/15/2020 – 10/31/2024

Western Conference of Teamsters Pension Plan

91-6145047 / 001

Green 12/31/2019

Green 12/31/2018

N/A*

2.5

3.1

3.1

N/A*

6/30/2021 – 11/30/2022

All Other Plans:

9.5

12.2

11.5

Total Contributions

$

55.5

$

66.6

$

65.3

*Not applicable

(1) To determine individually significant plans, we evaluated several factors, including our total contributions to the plan, our significance to the plan in terms of participating employees and contributions, and the funded status of the plan.

(2) The “EIN/PN” column provides the Employer Identification Number and the three-digit plan number assigned to the plan by the IRS.

(3) The Pension Protection Act Zone Status columns provide the two most recently available Pension Protection Act zone statuses from each plan. The zone status is based on information provided to us and other participating employers and is certified by each plan’s actuary. Among other factors, plans in the red zone are generally less than 65% funded, plans in the yellow zone are less than 80% funded, and plans in the green zone are at least 80% funded.

(4) Indicates whether a Financial Improvement Plan (“FIP”) for yellow zone plans or a Rehabilitation Plan (“RP”) for red zone plans is pending or implemented.

(5) Indicates whether our contribution in 2020 included an amount as imposed by a plan in the red zone in addition to the contribution rate specified in the applicable collective bargaining agreement.

Multiemployer Pension Plans for which ABM is a Significant Contributor

Pension Fund	Contributions to the plan exceeded more than 5% of total contributions per most currently available Forms 5500 (as of the plan’s year end)
Arizona Sheet Metal Pension Trust Fund*	6/30/2019 and 6/30/2018
Building Service 32BJ Pension Fund	6/30/2019, 6/30/2018, and 6/30/2017
Building Service Pension Plan*	4/30/2019, 4/30/2018, and 4/30/2017
Contract Cleaners Service Employees’ Pension Plan*	12/31/19, 12/31/2018, and 12/31/2017
Firemen & Oilers Pension Plan of SEIU Local 1*	7/31/2019, 7/31/2018, and 7/31/2017
Massachusetts Service Employees Pension Plan*	12/31/2019, 12/31/2018, and 12/31/2017
SEIU Local 1 & Participating Employers Pension Trust	9/30/2019, 9/30/2018, and 9/30/2017
S.E.I.U. National Industry Pension Fund	12/31/2019, 12/31/2018, and 12/31/2017
Service Employees International Union Local 1 Cleveland Pension Plan*	12/31/2019, 12/31/2018, and 12/31/2017
Service Employees International Union Local 32BJ, District 36 Building Operators Pension Trust Fund*	12/31/2019, 12/31/2018, and 12/31/2017
Teamsters Local 617 Pension Fund*	2/29/2020, 2/28/2019, and 2/28/2018
Teamsters Local Union No. 727 Pension Plan*	2/29/2020, 2/28/2019, and 2/28/2018

* These plans are not separately listed in our multiemployer table as they represent an insignificant portion of our total multiemployer pension plan contributions.