XML 57 R38.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Insurance (Tables)
12 Months Ended
Oct. 31, 2019
Insurance [Abstract]  
Schedule of Insurance Related Balances and Activity
Insurance Related Balances and Activity
(in millions)
October 31, 2019
 
October 31, 2018
Insurance claim reserves, excluding medical and dental
$
507.8

 
$
501.4

Medical and dental claim reserves
7.2

 
8.9

Insurance recoverables
64.5

 
73.7


Schedule of Casualty Program Insurance Reserves Rollforward
Casualty Program Insurance Reserves Rollforward
 
 
Years Ended October 31,
(in millions)
 
2019
 
2018
 
2017
Net balance at beginning of year
 
$
427.7

 
$
412.5

 
$
348.2

Change in case reserves plus IBNR Claims  current year
 
137.9

 
131.4

 
112.2

Change in case reserves plus IBNR Claims  prior years
 
(3.4
)
 
10.2

 
23.1

Claims paid
 
(119.1
)
 
(126.5
)
 
(105.2
)
GCA acquisition
 

 
0.1

 
34.1

Net balance, October 31(1)
 
443.3

 
427.7

 
412.5

Recoverables
 
64.5

 
73.7

 
73.1

Gross balance, October 31
 
$
507.8

 
$
501.4

 
$
485.6

(1) Includes reserves related to discontinued operations of approximately $1 million for 2019, $3 million for 2018, and $10 million for 2017.
Schedule of Instruments Used to Collateralize Insurance Obligations
Instruments Used to Collateralize Our Insurance Obligations
 
As of October 31,
(in millions)
2019
 
2018
Standby letters of credit
$
141.0

 
$
144.1

Surety bonds
90.8

 
89.2

Restricted insurance deposits
0.8

 
0.6

Total
$
232.6

 
$
233.9