v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Aug. 01, 2025
Aug. 02, 2024
Cash flows from operating activities:    
Net earnings $ 243.1 $ 329.0
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Non-cash income from finance affiliate (14.6) (15.8)
Distributions from finance affiliate, net 22.5 20.0
Depreciation of property, plant, and equipment 72.6 65.5
Amortization of other intangible assets 23.2 26.3
Stock-based compensation expense 15.3 19.5
Non-cash impairment charge 81.1 0.0
Other 2.5 0.1
Changes in operating assets and liabilities, net of the effect of acquisitions:    
Receivables, net (11.9) (123.5)
Inventories, net (6.4) (1.9)
Other assets (31.1) 9.6
Accounts payable (69.9) 5.1
Other liabilities 22.5 (4.1)
Net cash provided by operating activities 348.9 329.8
Cash flows from investing activities:    
Purchases of property, plant, and equipment (57.0) (63.6)
Proceeds from sales of property, plant, and equipment 0.8 0.2
Proceeds from insurance claim 0.0 4.3
Acquisitions, net of cash received (4.2) (0.8)
Divestitures 9.7 16.5
Net cash used in investing activities (50.7) (43.4)
Cash flows from financing activities:    
Borrowings under debt arrangements [1] 840.0 355.0
Repayments under debt arrangements [1] (730.0) (395.0)
Proceeds from exercise of stock options 1.8 8.6
Payments of withholding taxes for stock awards (3.0) (3.9)
Common stock repurchases (290.0) (109.2)
Dividends paid on common stock (113.8) (112.6)
Other (3.1) (3.4)
Net cash used in financing activities (298.1) (260.5)
Effect of exchange rates on cash and cash equivalents 1.4 2.1
Net increase in cash and cash equivalents 1.5 28.0
Cash and cash equivalents as of the beginning of the fiscal period 199.5 193.1
Cash and cash equivalents as of the end of the fiscal period $ 201.0 $ 221.1
[1] Presentation of prior year revolving credit facility and long-term debt activity has been conformed to the current year presentation. There was no change to net cash used in financing activities.