Other Comprehensive Income Items

12 Months Ended

Oct. 31, 2016

Other Comprehensive Income Items

Other Comprehensive Income Items

Note 19. Other Comprehensive Income Items

The after-tax changes in accumulated other comprehensive income (loss) were as follows (in millions of dollars):

	2016		2015		2014
Cumulative translation adjustment:
Beginning of year balance	$	(60.4)	$	6.0	$	39.5
Current period activity		(23.7)		(66.4)		(33.5)
End of year balance	$	(84.1)	$	(60.4)	$	6.0
Unrealized gain (loss) on derivatives:
Beginning of year balance	$	(2.7)	$	(.6)	$	(3.9)
Current period activity		3.0		(2.1)		3.3
End of year balance	$	.3	$	(2.7)	$	(.6)

Following are amounts recorded in and reclassifications out of other comprehensive income (loss) and the income tax effects (in millions of dollars):

	Before		Tax		After
	Tax		(Expense)		Tax
	Amount		Credit		Amount
2016
Cumulative translation adjustment	$	(23.7)			$	(23.7)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(.4)	$	.1		(.3)
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		5.0		(1.7)		3.3
Net unrealized gain (loss) on derivatives		4.6		(1.6)		3.0
Total other comprehensive income (loss)	$	(19.1)	$	(1.6)	$	(20.7)
2015
Cumulative translation adjustment	$	(66.4)			$	(66.4)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(11.9)	$	4.2		(7.7)
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		8.6		(3.0)		5.6
Net unrealized gain (loss) on derivatives		(3.3)		1.2		(2.1)
Total other comprehensive income (loss)	$	(69.7)	$	1.2	$	(68.5)
2014
Cumulative translation adjustment	$	(33.5)			$	(33.5)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(10.2)	$	3.6		(6.6)
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		9.8		(3.5)		6.3
Foreign exchange contracts – Administrative and operating expenses		5.5		(1.9)		3.6
Net unrealized gain (loss) on derivatives		5.1		(1.8)		3.3
Total other comprehensive income (loss)	$	(28.4)	$	(1.8)	$	(30.2)