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Income Taxes (Tables)

3 Months Ended

Jan. 31, 2018

Income Taxes Disclosure Table [Abstract]

Reconciliation of the difference between the Company's effective tax rate and the U.S. federal statutory tax rate

		Three Months Ended
		January 31, 2018
	Statutory U.S. federal income tax rate⁽¹⁾		23.3%
	State income taxes for current year, net of federal income tax benefits		4.3%
	Net income attributable to non-controlling and other beneficial interests		-1.8%
	Other items		0.9%
	Operating effective income tax rate		26.7%
	Non-recurring impact of U.S. tax reform		18.4%
	Net excess tax benefits from stock-based compensation plans⁽²⁾		-8.8%
	Effective income tax rate		36.3%

	⁽¹⁾ Statutory U.S. federal income tax rate is a blend of 35 percent and 21 percent based on the number of days in the
	⁽¹⁾ Company's fiscal year before and after the January 1, 2018 effective date of the reduction in the federal corporate
	⁽¹⁾ income tax rate pursuant to the Tax Act.
	⁽²⁾ This amount reflects the impact of Accounting Standard Update 2016-09, Improvements to Employee Share-Based
	⁽¹⁾ Payment Accounting, which was adopted in the first quarter of fiscal 2018. The Company anticipates that the adoption
	⁽¹⁾ of this guidance may cause fluctuations in the Company’s effective tax rate, particularly in the first quarter of each
	⁽¹⁾ fiscal year, when most of the Company’s annual stock-based awards vest.