Discontinued Operations

3 Months Ended

Jan. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

HELD FOR SALE

    During the fourth quarter of 2016, in connection with the key priorities of our 2020Vision, we decided to divest our Government Services business. We have engaged a third-party broker to assist in this process. During the first quarter of 2017, the broker began to identify interested buyers. We have classified the assets and liabilities of this business as current assets held for sale and current liabilities held for sale, as we expect to complete the sale during 2017.

Major Classes of Assets and Liabilities Held for Sale at Estimated Fair Value

(in millions)	January 31, 2017		October 31, 2016
Trade accounts receivable, net	$	41.7	$	31.9
Investments in unconsolidated affiliates	7.4		7.7
Other assets	4.2		4.5
Assets held for sale	53.3		44.1
Trade accounts payable	12.1		14.4
Other accrued liabilities	4.7		4.8
Liabilities held for sale	$	16.8	$	19.2

DISCONTINUED OPERATIONS

Following the sale of our Security business in 2015, we record all costs associated with this former business in discontinued operations. Such costs typically relate to ongoing legal cases and insurance reserves. For the three months endedJanuary 31, 2017, we incurred a net loss from discontinued operations of $72.9 million (a pretax loss of $123.1 million). As described in Note 12, “Commitments and Contingencies,” this loss primarily relates to the probable settlements of the Augustus and Karapetyan cases. We recorded the liability for these probable settlements within “Other accrued liabilities” on the accompanying unaudited consolidated balance sheets.