SEGMENT INFORMATION (Tables)

9 Months Ended

Jul. 31, 2023

Segment Reporting [Abstract]

Schedule of Financial Information by Reportable Segment

Financial Information by Reportable Segment

	Three Months Ended July 31,				Nine Months Ended July 31,
(in millions)	2023		2022		2023		2022
Revenues
Business & Industry	$	1,021.4	$	1,033.8	$	3,056.4	$	3,067.0
Manufacturing & Distribution	381.9		358.1		1,135.5		1,074.1
Education	219.1		207.5		650.7		617.6
Aviation	238.0		203.5		677.5		589.7
Technical Solutions	167.9		158.4		483.4		447.2
	$	2,028.2	$	1,961.4	$	6,003.5	$	5,795.5
Operating profit
Business & Industry	$	78.9	$	82.4	$	231.1	$	242.4
Manufacturing & Distribution	38.1		38.0		119.7		120.6
Education	15.9		14.5		39.5		38.8
Aviation	11.7		9.5		43.6		28.0
Technical Solutions(1)	11.4		15.4		28.8		42.8
Government Services	—		0.1		—		(0.3)
Corporate(2)	(15.9)		(70.3)		(156.7)		(200.6)
Adjustment for income from unconsolidated affiliates, included in Aviation and Technical Solutions	(1.2)		(0.8)		(3.0)		(1.8)
Adjustment for tax deductions for energy efficient government buildings, included in Technical Solutions	—		(0.1)		(0.1)		(0.3)
	138.9		88.7		303.1		269.7
Income from unconsolidated affiliates	1.2		0.8		3.0		1.8
Interest expense	(20.9)		(11.1)		(61.8)		(25.2)
Income before income taxes	$	119.3	$	78.3	$	244.2	$	246.3

(1) Reflects a $7.6 million gain on the sale of assets during the nine months ended July 31, 2022.

(2) Reflects adjustments to the fair value of the contingent consideration payable related to the RavenVolt Acquisition, and an employee retention credit totaling $22.4 million during the three and nine months ended July 31, 2023.