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Acquisitions and Joint Venture (Tables)
 12 Months Ended
Oct. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Total purchase consideration for business and asset acquisitions
The following is a summary of the allocation of the total purchase consideration for business and asset acquisitions that the Company completed during fiscal 2022, 2021, and 2020:
(In millions)202220212020
Technology$1.9 $178.6 $— 
In-Process Research & Development (IPR&D)— 20.0 — 
Customer relationships729.2 7.5 11.4 
Trademarks55.4 1.3 5.1 
Other— 0.6 3.9 
Total identifiable intangible assets$786.5 $208.0 $20.4 
Goodwill1,184.8 91.6 15.3 
Net tangible liabilities(286.5)(10.8)(0.3)
Fair value of contingent consideration(1.5)(39.1)— 
Total closing purchase price$1,683.3 $249.7 $35.4 
Schedule of recognized identified assets acquired and liabilities assumed The following table summarizes the preliminary fair values of assets acquired and liabilities assumed as of the acquisition date:
(In millions)
Current assets:
Cash and cash equivalents
$58.6 
Trade accounts receivable, net
18.1 
Inventories
3.3 
Prepaid expense and other current assets
33.5 
Total current assets113.5 
Property, plant and equipment
42.6 
Goodwill1,177.3 
Customer relationships718.3 
Trademarks54.9 
Other assets
21.5 
Total assets acquired
$2,128.1 
Current liabilities:
Accounts payable
$12.6 
Employee compensation and benefits
12.3 
Deferred revenue68.0 
Other current liabilities
12.4 
Total current liabilities105.3 
Deferred tax liabilities
147.3 
Lease liabilities
16.6 
Deferred revenue
192.2 
Other long-term liabilities
3.6 
Total liabilities assumed
$465.0 
Total purchase price
$1,663.1 
Contingent consideration reconciliation
The following table provides a reconciliation of the beginning and ending balances of contingent consideration:

(In millions)20222021
Beginning balance$97.4 $— 
Purchase price contingent consideration1.5 31.3 
Payments(55.2)— 
Change in fair value(10.3)66.1 
Ending balance$33.4 $97.4 
Schedule of business acquisition, pro forma information The following unaudited pro forma information summarizes the combined results of operations of the Company and Generate as if the acquisition had been completed at the beginning of the Company’s fiscal 2021:
(In millions)20222021
Revenue$3,344.3 $3,183.2 
Net income$370.7 $2,959.8