Other Comprehensive Income Items

3 Months Ended

Jan. 30, 2022

Other Comprehensive Income Items

Other Comprehensive Income Items

(3)  Other Comprehensive Income Items

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

	January 30		October 31		January 31
	2022		2021		2021
Cumulative translation adjustment	$	(90.9)	$	(54.5)	$	(33.8)
Unrealized gain (loss) on derivatives		19.8		6.8		(3.7)
Unrealized loss on debt securities		(1.9)		(1.7)		(1.5)
Total accumulated other comprehensive income (loss)	$	(73.0)	$	(49.4)	$	(39.0)

Amounts recorded in and reclassifications out of other comprehensive income (loss), and the income tax effects were as follows (in millions of dollars):

	Before		Tax		After
	Tax		(Expense)		Tax
Three Months Ended January 30, 2022	Amount		Credit		Amount
Cumulative translation adjustment	$	(36.4)			$	(36.4)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		15.4	$	(3.3)		12.1
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		1.1		(.2)		.9
Net unrealized gain (loss) on derivatives		16.5		(3.5)		13.0
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		(.3)		.1		(.2)
Total other comprehensive income (loss)	$	(20.2)	$	(3.4)	$	(23.6)
Three Months Ended January 31, 2021
Cumulative translation adjustment	$	35.7			$	35.7
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(.5)	$	.1		(.4)
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		4.3		(.9)		3.4
Net unrealized gain (loss) on derivatives		3.8		(.8)		3.0
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		.1				.1
Total other comprehensive income (loss)	$	39.6	$	(.8)	$	38.8