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Segment and Geographic Information
12 Months Ended
Oct. 31, 2018
Segment Reporting [Abstract]  
Segment and Geographic Information
SEGMENT AND GEOGRAPHIC INFORMATION
 
 
    
Segment Information
Effective November 1, 2017, we reorganized our reportable segments to reflect the integration of GCA into our industry group model. Our reportable segments consist of Business & Industry (“B&I”), Aviation, Technology & Manufacturing (“T&M”), Education, Technical Solutions, and Healthcare, as further described below. Refer to Note 2, “Basis of Presentation and Significant Accounting Policies,” for information related to our former Government Services business.
 REPORTABLE SEGMENTS AND DESCRIPTIONS
B&I
B&I, our largest reportable segment, encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues. B&I also provides vehicle maintenance and other services to rental car providers (“Vehicle Services Contracts”).
Aviation
Aviation supports airlines and airports with services ranging from parking and janitorial to passenger assistance, catering logistics, air cabin maintenance, and transportation.
T&M
T&M combines our legacy Industrial & Manufacturing business, which was previously included in our B&I segment, with our legacy High Tech industry group, which was previously reported as part of our legacy Emerging Industries Group. T&M provides janitorial, facilities engineering, and parking services.
Education
Education delivers janitorial, custodial, landscaping and grounds, facilities engineering, and parking services for public school districts, private schools, colleges, and universities. This business was previously reported as part of our legacy Emerging Industries Group.
Technical Solutions
Technical Solutions specializes in mechanical and electrical services. These services can also be leveraged for cross-selling across all of our industry groups, both domestically and internationally.
Healthcare
Healthcare offers janitorial, facilities management, clinical engineering, food and nutrition, laundry and linen, parking and guest services, and patient transportation services at traditional hospitals and non-acute facilities. This business was previously reported as part of our legacy Emerging Industries Group.
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. Management does not review asset information by segment, therefore we do not present assets in this note.
Financial Information by Reportable Segment    
 
Years Ended October 31,
(in millions)
2018
 
2017
 
2016
Revenues
 
 
 
 
 
Business & Industry
$
2,917.6

 
$
2,629.1

 
$
2,557.1

Aviation
1,023.8

 
990.4

 
851.5

Technology & Manufacturing
924.5

 
697.4

 
679.3

Education
837.5

 
363.1

 
272.1

Technical Solutions
465.6

 
439.6

 
425.3

Healthcare
273.3

 
247.5

 
242.7

Government Services

 
86.5

 
116.7

 
$
6,442.2

 
$
5,453.6

 
$
5,144.7

Operating profit (loss)
 
 
 
 
 
Business & Industry
$
154.6

 
$
135.6

 
$
111.6

Aviation
23.2

 
25.3

 
27.7

Technology & Manufacturing
67.4

 
47.8

 
54.8

Education
43.8

 
18.0

 
17.4

Technical Solutions
16.5

 
37.6

 
28.9

Healthcare
8.8

 
10.6

 
12.7

Government Services
(0.8
)
 
21.8

 
(23.4
)
Corporate
(168.8
)
 
(189.0
)
 
(167.2
)
Adjustment for income from unconsolidated affiliates, net, included in Aviation and Government Services
(3.2
)
 
(4.1
)
 
(6.5
)
Adjustment for tax deductions for energy efficient government buildings, included in Technical Solutions
(2.8
)
 
(1.9
)
 
(1.2
)
 
138.6

 
101.9

 
54.7

Income from unconsolidated affiliates, net
3.2

 
4.2

 
7.6

Interest expense
(54.1
)
 
(19.2
)
 
(10.4
)
Income from continuing operations before income taxes
$
87.7

 
$
86.9

 
$
51.9

 
 
 
 
 
 
Depreciation and amortization(1)
 
 
 
 
 
Business & Industry
$
21.3

 
$
14.5

 
$
14.4

Aviation
13.1

 
13.4

 
12.2

Technology & Manufacturing
15.6

 
7.0

 
4.2

Education
37.1

 
8.4

 
2.1

Technical Solutions
10.2

 
12.5

 
12.3

Healthcare
2.8

 
2.3

 
2.5

Government Services

 

 
1.6

Corporate
12.4

 
11.8

 
8.2

 
$
112.5

 
$
70.1

 
$
57.5


(1) Excludes amortization related to income from unconsolidated affiliates.
Geographic Information Based on the Country in Which the Sale Originated(1)
 
Years Ended October 31,
(in millions)
2018
 
2017
 
2016
Revenues
 
 
 
 
 
United States
$
5,997.4

 
$
5,126.8

 
$
4,845.3

All other countries
444.8

 
326.8

 
299.4

 
$
6,442.2

 
$
5,453.6

 
$
5,144.7


(1) Substantially all of our long-lived assets are related to United States operations.