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Sale of Non-United States Accounts Receivable (Tables)
9 Months Ended
Jul. 31, 2017
Receivables [Abstract]  
Company's Accounts Receivables Programs
The table below contains certain information related to the Company’s accounts receivable sales programs:
 
Three Months Ended
July 31,
 
Nine Months Ended
July 31,
(in millions)
2017
 
2016
 
2017
 
2016
European RPA
 
 
 
 
 
 
 
Gross accounts receivable sold to third party financial institution
$
192.2

 
$
160.0

 
$
506.3

 
$
463.3

Cash received for accounts receivable sold under the programs
170.0

 
140.7

 
448.2

 
409.2

Deferred purchase price related to accounts receivable sold
22.2

 
19.3

 
58.1

 
53.7

Loss associated with the programs
0.1

 
0.2

 
0.3

 
0.7

Expenses associated with the programs

 

 

 

 
 
 
 
 
 
 
 
Singapore RPA
 
 
 
 
 
 
 
Gross accounts receivable sold to third party financial institution
$
12.4

 
$
11.4

 
$
37.4

 
$
32.5

Cash received for accounts receivable sold under the program
10.3

 
11.4

 
32.0

 
32.5

Deferred purchase price related to accounts receivable sold
2.2

 

 
5.4

 

Loss associated with the program

 

 

 

Expenses associated with the program

 

 

 

 
 
 
 
 
 
 
 
Total RPAs and Agreements
 
 
 
 
 
 
 
Gross accounts receivable sold to third party financial institution
$
204.6

 
$
171.4

 
$
543.7

 
$
495.8

Cash received for accounts receivable sold under the program
180.3

 
152.1

 
480.2

 
441.7

Deferred purchase price related to accounts receivable sold
24.4

 
19.3

 
63.5

 
53.7

Loss associated with the program
0.1

 
0.2

 
0.3

 
0.7

Expenses associated with the program

 

 

 

The table below contains certain information related to the Company’s accounts receivable sales programs and the impact it has on the condensed consolidated balance sheets:
(in millions)
July 31,
2017
 
October 31,
2016
European RPA
 
 
 
Accounts receivable sold to and held by third party financial institution
$
147.8

 
$
106.7

Deferred purchase price asset (liability) related to accounts receivable sold
32.7

 
(0.4
)
 
 
 
 
Singapore RPA
 
 
 
Accounts receivable sold to and held by third party financial institution
$
3.5

 
$
4.0

Deferred purchase price asset related to accounts receivable sold
0.8

 
0.5

 
 
 
 
Total RPAs and Agreements
 
 
 
Accounts receivable sold to and held by third party financial institution
$
151.3

 
$
110.7

Deferred purchase price asset related to accounts receivable sold
33.5

 
0.1