Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 31, 2016
Oct. 31, 2015
Current assets    
Cash and cash equivalents $ 56.0 $ 55.5
Trade accounts receivable, net of allowances of $15.9 and $8.6 at October 31, 2016 and 2015, respectively 795.6 742.9
Prepaid expenses 68.0 68.6
Other current assets 30.0 27.0
Assets held for sale 44.1 0.0
Total current assets 993.7 894.0
Other investments 17.4 35.7
Property, plant and equipment, net of accumulated depreciation of $163.4 and $148.7 at October 31, 2016 and 2015, respectively 81.8 74.0
Other intangible assets, net of accumulated amortization of $157.0 and $149.4 at October 31, 2016 and 2015, respectively [1] 103.8 111.4
Goodwill 912.8 867.5
Deferred income taxes, net 37.4 34.1
Other noncurrent assets 134.3 114.0
Total assets 2,281.2 2,130.7
Current liabilities    
Trade accounts payable 174.3 179.1
Accrued compensation 130.7 128.8
Accrued taxes—other than income 40.6 31.6
Insurance claims 92.2 90.0
Income taxes payable 6.3 8.9
Other accrued liabilities 135.9 129.8
Liabilities held for sale 19.2 0.0
Total current liabilities 599.2 568.2
Noncurrent income taxes payable 33.4 53.2
Cash borrowings 268.3 158.0
Deferred income tax liability, net 3.5 0.0
Noncurrent insurance claims 331.6 297.4
Other noncurrent liabilities 71.2 46.4
Total liabilities 1,307.2 1,123.2
Commitments and contingencies
Stockholders’ Equity    
Preferred stock, $0.01 par value; 500,000 shares authorized; none issued 0.0 0.0
Common stock, $0.01 par value; 100,000,000 shares authorized; 55,599,322 and 56,105,761 shares issued and outstanding at October 31, 2016 and 2015, respectively 0.6 0.6
Additional paid-in capital 248.6 275.5
Accumulated other comprehensive loss, net of taxes (31.6) (5.1)
Retained earnings 756.4 736.5
Total stockholders’ equity 974.0 1,007.5
Total liabilities and stockholders’ equity $ 2,281.2 $ 2,130.7
[1] These intangible assets are being amortized over the expected period of benefit, with a weighted average life of approximately 13 years.