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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Oct. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill
(in millions)Business & IndustryManufacturing & DistributionEducationAviationTechnical SolutionsTotal
Balance at October 31, 2022$1,087.8 $502.2 $459.3 $68.7 $367.4 $2,485.6 
Acquisitions
1.3 — — — (0.1)1.1 
Foreign currency translation
3.6 — — 0.3 0.8 4.7 
Balance at October 31, 2023$1,092.7 $502.2 $459.3 $69.0 $368.0 $2,491.3 
Acquisitions (1)
— — — — 80.6 80.6 
Foreign currency translation2.6 — — 0.4 1.1 4.1 
Balance at October 31, 2024$1,095.5 $502.2 $459.3 $69.4 $449.6 $2,575.9 
(1) During 2024, goodwill increased primarily as a result of the Quality Uptime Acquisition. See Note 3, “Acquisitions”, for additional information.
Schedule of Other Intangible Assets
Other Intangible Assets
As of October 31,
20242023
(in millions)Gross Carrying AmountAccumulated AmortizationTotalGross Carrying AmountAccumulated AmortizationTotal
Customer contracts and relationships$748.2 $(467.2)$281.0 $714.1 $(413.2)$300.9 
Trademarks and trade names
12.7 (11.7)1.0 12.1 (11.1)1.0 
Contract rights and other
0.7 (0.3)0.5 15.0 (14.0)1.1 
Total(1)
$761.7 $(479.3)$282.4 $741.2 $(438.3)$302.9 
(1) These intangible assets are being amortized over the expected period of benefit, with a weighted average life of approximately 11 years.
Schedule of Estimated Annual Amortization Expense
Estimated Annual Amortization Expense for Each of the Next Five Years
(in millions)20252026202720282029
Estimated amortization expense(1)
$51.7 $44.8 $39.0 $33.8 $28.5 
(1) These amounts could vary as acquisitions of additional intangible assets occur in the future and as acquisition accounting is finalized for existing acquisitions.