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Discontinued Operations (Tables)
12 Months Ended
Oct. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Summarized Results of Operations and Cash Flows from Discontinued Operations
Major Classes of Assets and Liabilities Held for Sale
(in millions)
October 31, 2016
Trade accounts receivable, net
$
31.9

Investments in unconsolidated affiliates
7.7

Other assets
4.5

Assets held for sale
44.1

 
 
Trade accounts payable
14.4

Other accrued liabilities
4.8

Liabilities held for sale
$
19.2

Summarized Results of Operations and Cash Flows from Discontinued Operations
 
Years Ended October 31,
(in millions)
2016
 
2015(1)
 
2014
Revenues
$

 
$
392.7

 
$
383.1

Expenses
6.0

 
383.1

 
369.3

Operating (loss) profit
(6.0
)
 
9.6

 
13.8

Gain on sale before income taxes

 
23.6

 

Working capital adjustment to previously recorded gain
(3.1
)
 

 

(Loss) income from discontinued operations before income taxes
(9.2
)
 
33.2

 
13.8

Income tax benefit (provision)(2)
4.0

 
(11.0
)
 
(5.1
)
Net (loss) income from discontinued operations
$
(5.1
)
 
$
22.2

 
$
8.7

 
 
 
 
 
 
Net cash (used in) provided by operating activities of discontinued operations(3)
$
(27.0
)
 
$
0.9

 
$
5.6

(1) Includes a $1.6 million unfavorable legal settlement related to our former Lighting segment, which we disposed of in 2008.
(2) For 2016 and 2015, income taxes were positively impacted by the retroactive reinstatement of the Work Opportunity Tax Credits (“WOTC”).
(3) During 2016, we paid $20.0 million in taxes in connection with the sale of our Security business.