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Restructuring and Related Costs
6 Months Ended
Apr. 30, 2016
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
RESTRUCTURING AND RELATED COSTS
On September 2, 2015, our Board of Directors approved a comprehensive strategy intended to have a positive transformative effect on ABM (the “2020 Vision”). As part of the 2020 Vision, we identified a number of key priorities to differentiate ABM in the marketplace, improve our margin profile, and accelerate revenue growth. We also reviewed all service lines and investments to assess whether ABM was positioned to continue to competitively offer value-added services to clients over the long term.
Reconciliation of Restructuring and Related Cost Accrual
(in millions)
 
External Support Fees
 
Employee Severance
 
Lease Exit and Other
 
Total
Balance, November 1, 2015
 
$
2.1

 
$
4.3

 
$
0.2

 
$
6.6

Costs recognized – first quarter(1)(2)
 
4.6

 
1.8

 
0.8

 
7.2

Costs recognized – second quarter(1)(2)
 
4.5

 
3.7

 
0.6

 
8.8

Payments
 
(7.6
)
 
(3.8
)
 
(1.0
)
 
(12.4
)
Balance, April 30, 2016
 
$
3.6

 
$
6.0

 
$
0.6

 
$
10.3


(1) From inception of our 2020 Vision in the fourth quarter of 2015, we have incurred cumulative restructuring and related charges of $28.7 million, consisting of external support fees of $13.7 million, employee severance costs of $10.3 million, asset impairment costs of $2.6 million, and lease exit and other costs of $2.2 million.    
(2) The results by segment exclude these costs, consistent with the manner in which our management evaluates the performance of each reportable segment based on its respective operating profit results. These costs are included within Corporate expenses. See Note 15, “Segment Information,” for more information.