INSURANCE (Tables)

12 Months Ended

Oct. 31, 2023

Insurance [Abstract]

Schedule of Insurance Related Balances and Activity

Insurance-Related Balances and Activity

	As of October 31,
(in millions)	2023		2022
Insurance claim reserves, excluding medical and dental	$	555.0	$	551.0
Medical and dental claim reserves and other	9.5		8.1
Insurance recoverables	67.1		71.0

Schedule of Casualty Program Insurance Reserves Rollforward

Casualty Program Insurance Reserves Rollforward

	Years Ended October 31,
(in millions)	2023		2022		2021
Net balance at beginning of year	$	479.9	$	508.3	$	434.8
Change in case reserves plus IBNR Claims — current year	154.2		145.7		117.9
Change in case reserves plus IBNR Claims — prior years	(14.8)		(36.8)		(36.0)
Claims paid	(131.4)		(129.1)		(99.8)
Acquisition(1)	—		(8.2)		91.6
Net balance, October 31(2)	487.9		479.9		508.3
Recoverables	67.1		71.0		66.5
Gross balance, October 31	$	555.0	$	551.0	$	574.8

(1) During 2021, insurance reserves increased as a result of the Able Acquisition.

(2) Includes reserves related to discontinued operations of approximately $0.1 million for 2023, $0.2 million for 2022, and $0.3 million for 2021.

Schedule of Instruments Used to Collateralize Insurance Obligations

Instruments Used to Collateralize Our Insurance Obligations

	As of October 31,
(in millions)	2023		2022
Standby letters of credit	$	53.5	$	153.7
Surety bonds and surety-backed letters of credit	178.0		73.2
Restricted insurance deposits	3.1		0.9
Total	$	234.7	$	227.8