OTHER COMPREHENSIVE INCOME ITEMS (Tables)

6 Months Ended

Apr. 28, 2024

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) were as follows:

	April 28		October 29		April 30
	2024		2023		2023
Cumulative translation adjustment	$	(119.2)	$	(136.8)	$	(103.8)
Unrealized gain on derivatives		26.7		34.8		33.8
Unrealized loss on debt securities		(1.2)		(2.4)		(2.5)
Total accumulated other comprehensive income (loss)	$	(93.7)	$	(104.4)	$	(72.5)

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

The following tables reflect amounts recorded in other comprehensive income (loss), as well as reclassifications out of other comprehensive income (loss).

	Before		Tax		After
	Tax		(Expense)		Tax
	Amount		Credit		Amount
Three Months Ended April 28, 2024
Cumulative translation adjustment	$	(9.2)			$	(9.2)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		26.4	$	(5.5)		20.9
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(16.9)		3.5		(13.4)
Net unrealized gain (loss) on derivatives		9.5		(2.0)		7.5
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		.9		(.3)		.6
Total other comprehensive income (loss)	$	1.2	$	(2.3)	$	(1.1)
Six Months Ended April 28, 2024
Cumulative translation adjustment	$	17.6			$	17.6
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		18.6	$	(3.9)		14.7
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(28.8)		6.0		(22.8)
Net unrealized gain (loss) on derivatives		(10.2)		2.1		(8.1)
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		1.9		(.7)		1.2
Total other comprehensive income (loss)	$	9.3	$	1.4	$	10.7
Three Months Ended April 30, 2023
Cumulative translation adjustment	$	(1.0)			$	(1.0)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(3.7)	$	.8		(2.9)
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(19.9)		4.1		(15.8)
Net unrealized gain (loss) on derivatives		(23.6)		4.9		(18.7)
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		(.7)		.3		(.4)
Total other comprehensive income (loss)	$	(25.3)	$	5.2	$	(20.1)
Six Months Ended April 30, 2023
Cumulative translation adjustment	$	65.2			$	65.2
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(5.6)	$	1.2		(4.4)
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(36.2)		7.6		(28.6)
Net unrealized gain (loss) on derivatives		(41.8)		8.8		(33.0)
Total other comprehensive income (loss)	$	23.4	$	8.8	$	32.2