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Credit Facility (Tables)
 3 Months Ended
Jan. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Credit Facility Information
Credit Facility Information
(in millions)
 
January 31, 2018
 
October 31, 2017
Current portion of long-term debt
 
 
 
 
Gross term loan
 
$
10.0

 
$
20.0

Less: unamortized deferred financing costs
 
(3.0
)
 
(3.1
)
Current portion of term loan
 
$
7.0

 
$
16.9

 
 
 
 
 
Long-term debt
 
 
 
 
Gross term loan
 
$
770.0

 
$
780.0

Less: unamortized deferred financing costs
 
(9.1
)
 
(9.9
)
Total noncurrent portion of term loan
 
760.9

 
770.1

Line of credit(1)(2)
 
412.5

 
391.2

Long-term debt
 
$
1,173.4

 
$
1,161.3

(1) Standby letters of credit amounted to $145.5 million at January 31, 2018.

(2) At January 31, 2018, we had borrowing capacity of $330.5 million, however covenant restrictions limited our actual borrowing capacity to $245.5 million.
Schedule of Term Loan Maturities
During the first quarter, we made $20.0 million of principal payments. As of January 31, 2018, the following principal payments are required under the term loan:
(in millions)
 
2019
 
2020
 
2021
 
2022
Debt maturities
 
$
40.0

 
$
60.0

 
$
120.0

 
$
560.0
Schedule of Interest Rate Swap Information
Interest Rate Swaps Information
Notional Amounts
 
Fixed Interest Rates
 
Effective Dates
 
Maturity Dates
$ 105.0 million
 
1.05%
 
April 7, 2016 and
May 11, 2016
 
April 7, 2021 and
May 11, 2021
$ 215.0 million
 
1.65%
 
November 1, 2017
 
September 1, 2022
$ 285.0 million
 
1.69%
 
November 13, 2017
 
September 1, 2022