SEGMENT INFORMATION (Tables)

9 Months Ended

Jul. 31, 2024

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)	2024		2023		2024		2023
Revenues
Business & Industry	$	1,010.6	$	1,021.4	$	3,033.4	$	3,056.4
Manufacturing & Distribution	377.1		381.9		1,166.6		1,135.5
Education	228.3		219.1		674.0		650.7
Aviation	268.4		238.0		756.1		677.5
Technical Solutions	209.7		167.9		551.9		483.4
Total Revenues	$	2,094.2	$	2,028.2	$	6,182.0	$	6,003.5
Operating profit
Business & Industry	$	77.8	$	78.9	$	235.0	$	231.1
Manufacturing & Distribution	40.9		38.1		125.9		119.7
Education	18.0		15.9		42.3		39.5
Aviation	17.8		11.7		40.6		43.6
Technical Solutions	17.9		11.4		41.4		28.8
Corporate(1)	(130.6)		(15.9)		(285.0)		(156.7)
Adjustment for income from unconsolidated affiliates, included in Aviation and Technical Solutions	(1.8)		(1.2)		(4.7)		(3.0)
Adjustment for tax deductions for energy efficient government buildings, included in Technical Solutions	(2.6)		—		(2.6)		(0.1)
Total operating profit	$	37.4	$	138.9	$	192.8	$	303.1
Income from unconsolidated affiliates	1.8		1.2		4.7		3.0
Interest expense	(21.2)		(20.9)		(63.1)		(61.8)
Income before income taxes	$	18.0	$	119.3	$	134.4	$	244.2

(1) Reflects adjustments to increase the fair value of the contingent consideration payable related to the RavenVolt Acquisition by $36.0 million during the three and nine months ended July 31, 2024, and adjustments to decrease the fair value by $37.2 million and $45.6 million during the three and nine months ended July 31, 2023, respectively. The three and nine months ended July 31, 2023, also include an employee retention credit totaling $22.4 million.