Leases (Tables)

9 Months Ended

Jul. 31, 2026

Schedule of Supplemental Cash Flow and Other Lease Information

The following table presents the lease expense incurred on the company’s operating, short-term, and variable leases:


	Three Months Ended				Nine Months Ended
(Dollars in millions)	July 31, 2026		August 1, 2025		July 31, 2026		August 1, 2025
Operating lease expense	$	7.3	$	9.5	$	22.8	$	27.0
Short-term lease expense	2.0		1.1		5.4		3.6
Variable lease expense	1.5		0.7		2.6		1.4
Total lease expense	$	10.8	$	11.3	$	30.8	$	32.0

The following table presents supplemental cash flow information related to the company's operating leases:


	Nine Months Ended
(Dollars in millions)	July 31, 2026		August 1, 2025
Right-of-use assets obtained in exchange for lease obligations	$	13.0	$	11.0
Operating cash flows for amounts included in the measurement of lease liabilities	$	20.7	$	21.2

The following table presents other lease information related to the company's operating leases:


	July 31, 2026		August 1, 2025		October 31, 2025
Weighted-average remaining lease term of operating leases in years	7.6		8.7		8.1
Weighted-average discount rate of operating leases	5.20	%	5.09	%	5.04	%

Schedule of Future Minimum Operating Lease Payments

The following table reconciles the total undiscounted future cash flows based on the anticipated future minimum operating lease payments by fiscal year for the company's operating leases to the present value of operating lease liabilities recorded within the Condensed Consolidated Balance Sheets as of July 31, 2026:


(Dollars in millions)	July 31, 2026
2026 (remaining)	$	6.9
2027	24.8
2028	21.6
2029	17.2
2030	13.8
Thereafter	53.8
Total future minimum operating lease payments	138.1
Less: imputed interest	22.1
Present value of operating lease liabilities	$	116.0