Other Comprehensive Income Items (Tables)

12 Months Ended

Oct. 30, 2022

Other Comprehensive Income Items

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

The after-tax components of accumulated other comprehensive income (loss) at October 30, 2022, October 31, 2021, and November 1, 2020 were as follows (in millions of dollars):

	2022		2021		2020
Cumulative translation adjustment	$	(169.0)	$	(54.5)	$	(69.5)
Unrealized gain (loss) on derivatives		66.8		6.8		(6.7)
Unrealized loss on debt securities		(2.5)		(1.7)		(1.6)
Total accumulated other comprehensive income (loss)	$	(104.7)	$	(49.4)	$	(77.8)

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
2022
Cumulative translation adjustment	$	(114.5)			$	(114.5)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		88.3	$	(18.5)		69.8
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(12.4)		2.6		(9.8)
Net unrealized gain (loss) on derivatives		75.9		(15.9)		60.0
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		(1.1)		.3		(.8)
Total other comprehensive income (loss)	$	(39.7)	$	(15.6)	$	(55.3)
2021
Cumulative translation adjustment	$	15.0			$	15.0
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		7.7	$	(1.6)		6.1
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		9.4		(2.0)		7.4
Net unrealized gain (loss) on derivatives		17.1		(3.6)		13.5
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		(.2)		.1		(.1)
Total other comprehensive income (loss)	$	31.9	$	(3.5)	$	28.4
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