Acquisitions and Joint Venture (Tables)

3 Months Ended

Jan. 31, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of recognized identified assets acquired and liabilities assumed

The following table summarizes the 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	33.1
Total current assets	113.1
Property, plant and equipment	42.6
Goodwill	1,173.9
Customer relationships	718.3
Trademarks	54.9
Other assets	21.5
Total assets acquired	$	2,124.3
Current liabilities:
Accounts payable	$	12.6
Employee compensation and benefits	12.3
Deferred revenue	71.4
Other current liabilities	11.6
Total current liabilities	107.9
Deferred tax liabilities	144.3
Lease liabilities	16.6
Deferred revenue	188.8
Other long-term liabilities	3.6
Total liabilities assumed	$	461.2
Total purchase price	$	1,663.1

Contingent consideration reconciliation

The following table provides a reconciliation of the beginning and ending balances of contingent consideration:

Period Ended January 31,	Three Months
(In millions)	2023		2022
Beginning balance	$	33.4	$	97.4
Purchase price contingent consideration	—		—
Payments	—		—
Change in fair value	(31.8)		3.5
Ending balance	$	1.6	$	100.9