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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Cash flows from operating activities    
Net income $ 74.6 $ 28.0
Income from discontinued operations, net of taxes 0.0 (0.1)
Income from continuing operations 74.6 27.9
Adjustments to reconcile income from continuing operations to net cash provided by (used in) operating activities of continuing operations    
Depreciation and amortization 22.3 24.4
Deferred income taxes (7.4) (1.0)
Share-based compensation expense 8.5 4.9
Provision for bad debt 3.0 2.4
Amortization of accumulated other comprehensive gain on interest rate swaps (1.6) (1.7)
Loss on sale of assets 1.0 0.3
Income from unconsolidated affiliates (0.6) (0.9)
Changes in operating assets and liabilities    
Trade accounts receivable and costs incurred in excess of amounts billed (52.3) 3.0
Prepaid expenses and other current assets 0.8 (8.5)
Right-of-use assets 6.9 4.1
Other noncurrent assets 5.9 (1.6)
Trade accounts payable and other accrued liabilities (3.0) (88.9)
Long-term lease liabilities (6.1) (4.2)
Insurance claims (4.6) (1.0)
Income taxes payable 32.5 7.6
Other noncurrent liabilities (34.5) (1.1)
Total adjustments (29.3) (62.3)
Net cash provided by (used in) operating activities of continuing operations 45.3 (34.5)
Net cash provided by operating activities of discontinued operations 0.0 0.2
Net cash provided by (used in) operating activities 45.3 (34.3)
Cash flows from investing activities    
Additions to property, plant and equipment (6.6) (11.5)
Proceeds from sale of assets 1.4 4.2
Proceeds from redemption of auction rate security 0.0 5.0
Net cash used in investing activities (5.2) (2.3)
Cash flows from financing activities    
Taxes withheld from issuance of share-based compensation awards, net (6.5) (2.4)
Dividends paid (12.7) (12.3)
Borrowings from credit facility 2.6 425.0
Repayment of borrowings from credit facility (32.6) (368.6)
Changes in book cash overdrafts (12.0) 6.4
Financing of energy savings performance contracts 4.0 1.1
Repayment of finance lease obligations (0.7) (0.8)
Net cash (used in) provided by financing activities (57.8) 48.4
Effect of exchange rate changes on cash and cash equivalents 1.9 (0.4)
Net (decrease) increase in cash and cash equivalents (15.9) 11.4
Cash and cash equivalents at beginning of year 394.2 58.5
Cash and cash equivalents at end of year $ 378.3 $ 69.8