Other Comprehensive Income Items (Tables)

12 Months Ended

Nov. 01, 2020

Other Comprehensive Income Items

Schedule of After-Tax Changes in Accumulated Other Comprehensive Income (Loss)

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

	2020		2019		2018
Cumulative translation adjustment:
Beginning of year balance	$	(88.4)	$	(80.7)	$	(60.0)
Current period activity		18.9		(7.7)		(20.7)
End of year balance	$	(69.5)	$	(88.4)	$	(80.7)
Unrealized gain (loss) on derivatives:
Beginning of year balance	$	(7.0)	$	14.8	$	4.2
Current period activity		.3		(21.8)		9.1
ASU No. 2018-02 adoption						1.5
End of year balance	$	(6.7)	$	(7.0)	$	14.8
Unrealized gain (loss) on debt securities:
Beginning of year balance	$	(2.0)
Current period activity		.4	$	(2.0)
End of year balance	$	(1.6)	$	(2.0)

Schedule of Amounts Recorded in and Reclassifications out of Other Comprehensive Income (Loss) and the Income Tax Effects

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
2020
Cumulative translation adjustment	$	18.9			$	18.9
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(17.4)	$	3.6		(13.8)
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		17.9		(3.8)		14.1
Net unrealized gain (loss) on derivatives		.5		(.2)		.3
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		(.9)		.4		(.5)
Reclassification of realized (gain) loss – Administrative and operating expenses		1.3		(.4)		.9
Net unrealized gain (loss) on debt securities		.4				.4
Total other comprehensive income (loss)	$	19.8	$	(.2)	$	19.6
2019
Cumulative translation adjustment	$	(7.7)			$	(7.7)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(22.2)	$	4.7		(17.5)
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(5.5)		1.2		(4.3)
Net unrealized gain (loss) on derivatives		(27.7)		5.9		(21.8)
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		(2.7)		.7		(2.0)
Total other comprehensive income (loss)	$	(38.1)	$	6.6	$	(31.5)
2018
Cumulative translation adjustment	$	(20.7)			$	(20.7)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		17.8	$	(4.5)		13.3
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(5.5)		1.3		(4.2)
Net unrealized gain (loss) on derivatives		12.3		(3.2)		9.1
Total other comprehensive income (loss)	$	(8.4)	$	(3.2)	$	(11.6)