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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2021
Cash flows from operating activities:      
Net income $ 294.2 $ 385.8 $ 2,944.7
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 367.7 346.1 309.3
Share-based compensation expense 62.1 54.2 43.8
Non-cash operating lease expense 40.0 32.2 31.8
Asset impairment charges, and other 49.4 4.5 (5.0)
Change in fair value of contingent consideration (31.8) (10.3) 66.1
Deferred income taxes 44.7 53.9 (2,502.2)
Change in assets and liabilities:      
Accounts receivable (60.2) (33.8) (75.5)
Inventories (105.4) (40.4) (9.2)
Other assets (89.4) (16.9) (69.1)
Operating lease right-of-use assets and liabilities, net (34.2) (51.3) (27.5)
Accounts payable 5.5 49.9 (16.0)
Accrued liabilities 71.8 32.4 59.1
Accrued income taxes (0.5) (27.4) 10.0
Other long-term liabilities (6.4) (34.2) (21.7)
Settlement of contingent consideration 0.0 (52.3) 0.0
Net cash provided by operating activities 607.5 692.4 738.6
Cash flows from investing activities:      
Purchases of property, plant and equipment (392.5) (242.0) (214.4)
Acquisitions of businesses and assets, net of cash acquired (56.5) (1,641.3) (235.9)
Proceeds from sale of interest in a subsidiary 0.0 52.1 0.0
Net cash used in investing activities (449.0) (1,831.2) (450.3)
Cash flows from financing activities:      
Proceeds from long-term debt, net of issuance costs 2,124.2 1,511.0 1,427.4
Repayments of long-term debt (1,953.9) (561.5) (1,416.0)
Net proceeds from (repayments of) short-term debt, other (351.1) 329.3 (321.3)
Repurchase of common stock 0.0 (78.5) (24.8)
Proceeds related to share-based compensation awards 15.1 8.9 33.7
Payments related to share-based compensation awards (13.1) (16.8) (13.2)
Dividends on common stock (3.0) (3.0) (3.0)
Issuance of common stock for employee stock purchase plan 7.9 7.2 5.8
Settlement of contingent consideration 0.0 (2.9) 0.0
Net cash (used in) provided by financing activities (173.9) 1,193.7 (311.4)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (2.3) (12.9) 2.9
Net (decrease) increase in cash, cash equivalents and restricted cash (17.7) 42.0 (20.2)
Cash, cash equivalents, restricted cash and cash held for sale at beginning of year 138.6 96.6 116.8
Cash, cash equivalents and restricted cash at end of year 120.9 138.6 96.6
Supplemental disclosures of cash flow information:      
Interest 117.5 49.1 28.4
Income taxes 67.8 66.6 63.2
Operating lease liabilities 47.5 45.3 37.4
Operating lease ROU assets obtained in exchange for lease obligations 42.6 29.8 26.5
Reconciliation of cash flow information:      
Cash and cash equivalents 120.8 138.2 95.9
Restricted cash included in other current assets 0.1 0.4 0.4
Cash held for sale 0.0 0.0 0.3
Total cash, cash equivalents, restricted cash and cash held for sale $ 120.9 $ 138.6 $ 96.6