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Segment Information
 9 Months Ended
Jul. 31, 2021
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
Our current reportable segments consist of B&I, T&M, Education, Aviation, and Technical Solutions, as further described below.
REPORTABLE SEGMENTS AND DESCRIPTIONS
B&I
B&I, our largest reportable segment, encompasses janitorial, facilities engineering, and parking services for commercial real estate properties, sports and entertainment venues, and traditional hospitals and non-acute healthcare facilities. B&I also provides vehicle maintenance and other services to rental car providers.
T&M
T&M provides janitorial, facilities engineering, and parking services to industrial and high-tech manufacturing facilities.
Education
Education delivers janitorial, custodial, landscaping and grounds, facilities engineering, and parking services for public school districts, private schools, colleges, and universities.
Aviation
Aviation supports airlines and airports with services ranging from parking and janitorial to passenger assistance, catering logistics, air cabin maintenance, and transportation.
Technical Solutions
Technical Solutions specializes in mechanical and electrical services. These services can also be leveraged for cross-selling across all of our industry groups, both domestically and internationally.
Financial Information by Reportable Segment
Three Months Ended July 31,Nine Months Ended July 31,
(in millions)2021202020212020
Revenues
Business & Industry$807.7 $756.9 $2,413.3 $2,363.4 
Technology & Manufacturing246.1 243.2 741.6 710.8 
Education208.4 188.6 632.0 596.6 
Aviation175.7 116.4 467.2 539.9 
Technical Solutions146.1 119.2 385.0 383.5 
Elimination of inter-segment revenues(40.9)(30.1)(106.1)(91.1)
$1,543.1 $1,394.1 $4,533.0 $4,503.0 
Operating (loss) profit
Business & Industry$84.7 $71.6 $255.6 $169.1 
Technology & Manufacturing25.5 24.5 79.2 60.9 
Education(1)
17.7 18.3 52.8 (56.3)
Aviation(2)
10.3 (8.2)19.3 (63.0)
Technical Solutions(3)
14.5 13.2 30.8 13.1 
Government Services— — (0.1)— 
Corporate(4)
(161.1)(24.8)(284.5)(97.7)
Adjustment for income from unconsolidated affiliates, included in Aviation and Technical Solutions(0.5)(0.2)(1.4)(2.0)
Adjustment for tax deductions for energy efficient government buildings, included in Technical Solutions(0.5)(0.8)(1.1)(1.2)
(9.4)93.6 150.6 22.8 
Income from unconsolidated affiliates0.5 0.2 1.4 2.0 
Interest expense(6.3)(13.8)(22.6)(34.5)
(Loss) income from continuing operations before income taxes$(15.2)$80.0 $129.4 $(9.7)
(1) Reflects impairment charges totaling $99.3 million on goodwill during the nine months ended July 31, 2020.
(2) Reflects impairment charges totaling $61.1 million on goodwill and intangible assets during the nine months ended July 31, 2020.
(3) Reflects impairment charges totaling $12.4 million on goodwill and intangible assets during the nine months ended July 31, 2020.
(4) Reflects accrued litigation settlement reserve totaling $112.9 million and $142.9 million for the Bucio case during the three and nine months ended July 31, 2021, respectively.
The accounting policies for our segments are the same as those disclosed within our significant accounting policies in Note 2, “Basis of Presentation and Significant Accounting Policies.” Our management evaluates the performance of each reportable segment based on its respective operating profit results, which include the allocation of certain centrally incurred costs. Corporate expenses not allocated to segments include certain CEO and other finance and human resource departmental expenses, certain information technology costs, share-based compensation, certain legal costs and settlements, restructuring and related costs, certain actuarial adjustments to self-insurance reserves, and direct acquisition costs. Management does not review asset information by segment, therefore we do not present assets in this note.