Basis of Presentation and Significant Accounting Policies (Tables)

6 Months Ended

Apr. 30, 2020

Accounting Policies [Abstract]

Schedule of Management Reimbursement Revenue by Segment

These revenues and expenses are reported in equal amounts as costs reimbursed from our managed locations:

	Three Months Ended April 30,				Six Months Ended April 30,
(in millions)	2020		2019		2020		2019
Business & Industry	$	61.7	$	69.3	$	135.4	$	140.3
Aviation	20.7		23.5		46.6		47.6
Total	$	82.4	$	92.8	$	182.0	$	188.0

Schedule of New Accounting Pronouncements Impacts on Consolidated Financial Statements

The impact of adoption of Topic 842 on our unaudited Consolidated Balance Sheet was as follows:

(in millions)	Balance at October 31, 2019		Adjustments Due to Adoption of Topic 842		Balance at November 1, 2019
ASSETS
Right-of-use assets(1)	$	—	$	167.5	$	167.5
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current portion of lease liabilities(2)	$	—	$	36.3	$	36.3
Other accrued liabilities(3)	158.2		(3.0)		155.2
Long-term lease liabilities(4)	—		154.2		154.2
Other noncurrent liabilities(5)	78.8		(20.0)		58.8

⁽¹⁾ Represents capitalization of operating lease assets and reclassification of prepaid rent, deferred rent, lease exit impairment liabilities, and lease incentives and tenant improvements on operating leases.

⁽²⁾ Represents the recognition of short-term operating lease liabilities.

⁽³⁾ Represents short-term deferred rent reclassified to ROU assets.

⁽⁴⁾ Represents the recognition of long-term operating lease liabilities.

⁽⁵⁾ Represents long-term deferred rent, lease incentives and tenant improvements, and lease exit impairment liabilities reclassified to ROU assets.