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Segment Information
9 Months Ended
Jul. 31, 2017
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION    
Effective November 1, 2016, we reorganized our reportable segments to reflect how we now manage our business by industry group. After establishing this industry-based structure, our reportable segments consist of Business & Industry (“B&I”), Aviation, Emerging Industries Group, and Technical Solutions, as further described below. Refer to Note 2, “Basis of Presentation and Significant Accounting Policies,” for information related to our former Government Services business.
ONGOING REPORTABLE SEGMENTS AND DESCRIPTIONS
B&I
B&I, our largest reportable segment, encompasses janitorial, facilities engineering, and parking services for commercial real estate properties, sports and entertainment venues, and industrial and manufacturing sites.
Aviation
Aviation includes services supporting airlines and airports ranging from parking and janitorial to passenger assistance, catering, air cabin maintenance, and transportation. Aviation also includes an investment in an unconsolidated affiliate that was previously part of our government business under our legacy Building & Energy Solutions segment.
Emerging Industries Group
Our Emerging Industries Group is comprised of our Education, Healthcare, and High Tech industry groups. Services include janitorial, facilities engineering, and parking services for clients in these industries.
Technical Solutions
Technical Solutions provides specialized mechanical and electrical services. These services can also be leveraged for cross-selling within B&I, Aviation, and the Emerging Industries Group, both domestically and internationally.
Financial Information by Reportable Segment
 
Three Months Ended July 31,
 
Nine Months Ended July 31,
(in millions)
2017
 
2016
 
2017
 
2016
Revenues
 
 
 
 
 
 
 
Business & Industry
$
749.9

 
$
733.4

 
$
2,237.5

 
$
2,207.4

Aviation
259.1

 
219.1

 
723.3

 
625.9

Emerging Industries Group
190.5

 
200.6

 
583.2

 
594.7

Technical Solutions
106.7

 
115.4

 
325.2

 
309.8

Government Services
12.3

 
28.3

 
86.5

 
84.6

 
$
1,318.4

 
$
1,296.9

 
$
3,955.6

 
$
3,822.4

Operating profit (loss)
 
 
 
 
 
 
 
Business & Industry
$
42.2

 
$
40.7

 
$
115.6

 
$
101.8

Aviation
6.2

 
8.3

 
19.2

 
17.7

Emerging Industries Group
11.6

 
16.9

 
36.0

 
44.7

Technical Solutions
9.8

 
10.0

 
28.6

 
18.4

Government Services
1.7

 
(1.0
)
 
21.8

 
(2.3
)
Corporate
(47.5
)
 
(55.0
)
 
(118.5
)
 
(130.5
)
Adjustment for income from unconsolidated affiliates, net, included in Aviation and Government Services
(1.0
)
 
(1.3
)
 
(3.4
)
 
(4.6
)
Adjustment for tax deductions for energy efficient government buildings, included in Technical Solutions
(0.4
)
 
(0.1
)
 
(1.8
)
 
(1.2
)
 
22.6

 
18.5

 
97.4

 
44.0

Income from unconsolidated affiliates, net
1.2

 
2.1

 
3.6

 
5.3

Interest expense
(2.8
)
 
(2.6
)
 
(9.1
)
 
(7.7
)
Income from continuing operations before income taxes
$
21.0

 
$
18.0

 
$
91.9

 
$
41.6

The accounting policies for our segments are the same as those disclosed within our significant accounting policies in Note 2, “Basis of Presentation and Significant Accounting Policies.” Our management evaluates the performance of each reportable segment based on its respective operating profit results, which include the allocation of certain centrally incurred costs. Corporate expenses not allocated to segments include certain CEO and other finance and human resource departmental expenses, certain information technology costs, share-based compensation, certain legal costs and settlements, restructuring and related costs, certain adjustments resulting from actuarial developments of self-insurance reserves, and direct acquisition costs.