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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jul. 31, 2019
Oct. 31, 2018
Current assets:    
Cash and cash equivalents $ 112.7 $ 77.7
Trade accounts receivable, net of allowance for doubtful accounts of $17.1 at July 31, 2019 and $19.0 at October 31, 2018 404.7 374.7
Inventories (Note 4) 502.1 468.8
Prepaid expense and other current assets 131.3 169.7
Total current assets 1,150.8 1,090.9
Property, plant and equipment, at cost 2,086.9 1,930.3
Less: accumulated depreciation and amortization 1,021.5 954.3
Property, plant and equipment, net 1,065.4 976.0
Goodwill (Note 5) 2,391.4 2,392.1
Other intangibles, net (Note 5) 1,438.6 1,521.3
Deferred tax assets 63.1 58.4
Other assets 63.5 74.1
Total assets 6,172.8 6,112.8
Current liabilities:    
Short-term debt (Note 6) 390.0 37.1
Accounts payable 141.5 146.4
Employee compensation and benefits 89.5 94.0
Other current liabilities 268.4 259.0
Total current liabilities 889.4 536.5
Long-term debt (Note 6) 1,422.6 1,985.7
Deferred tax liabilities 31.5 31.0
Long-term tax payable 124.8 141.5
Accrued pension liability and other 89.0 110.3
Total liabilities 2,557.3 2,805.0
Contingencies (see Note 13)
Stockholders’ equity:    
Preferred stock, 10 cents par value, shares authorized: 1.0; zero shares issued or outstanding 0.0 0.0
Common stock, 10 cents par value, shares authorized: 120.0; issued 53.2 at July 31, 2019 and 52.8 at October 31, 2018 5.3 5.3
Additional paid-in capital 1,607.6 1,572.1
Accumulated other comprehensive loss (481.8) (430.7)
Retained earnings 2,905.4 2,576.0
Treasury stock at cost: 3.6 shares at July 31, 2019 and 3.6 shares at October 31, 2018 (421.2) (415.1)
Noncontrolling interests 0.2 0.2
Stockholders’ equity (Note 10) 3,615.5 3,307.8
Total liabilities and stockholders' equity $ 6,172.8 $ 6,112.8