Restructuring and Related Costs
 6 Months Ended
Apr. 30, 2018
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
4. RESTRUCTURING AND RELATED COSTS
 
 
GCA Restructuring
Following the acquisition of GCA, during the first quarter of 2018 we initiated a restructuring program to achieve cost synergies from our combined operations. We incurred the majority of our anticipated severance expense associated with this restructuring program in the first half of 2018. We expect to incur additional charges related to other project fees and rebranding activities in the second half of 2018.
2020 Vision Restructuring
During the fourth quarter of 2015, our Board of Directors approved a comprehensive strategy intended to have a positive transformative effect on ABM (the “2020 Vision”). As part of the 2020 Vision, we identified key priorities to differentiate ABM in the marketplace, accelerate revenue growth for certain industry groups, and improve our margin profile. We incurred additional expenses primarily related to external support fees and other project fees during the six months ended April 30, 2018 relating to this strategy. We do not expect to incur significant 2020 Vision restructuring and related expenses in the future, other than in connection with the continued consolidation of our real estate leases.
Rollforward of Restructuring and Related Liabilities
(in millions)
 
Balance,
October 31, 2017
 
Costs Recognized(1)
 
Payments
 
Non-Cash Items
 
Balance,
April 30, 2018
Employee severance
 
$
2.7

 
$
9.3

 
$
(6.5
)
 
$
—

 
$
5.5

Lease exit costs and asset impairment
 
2.8

 
2.5

 
(0.3
)
 
(1.1
)
 
3.9

Other project fees
 
0.4

 
3.8

 
(1.6
)
 
—

 
2.5

External support fees
 
2.5

 
4.0

 
(6.5
)
 
—

 
—

Total
 
$
8.4

 
$
19.6

 
$
(14.9
)
 
$
(1.1
)
 
$
11.9

(1) We include these costs within corporate expenses.
Cumulative Restructuring and Related Charges
(in millions)

External Support Fees

Employee Severance

Other Project Fees

Lease Exit Costs

Asset Impairment

Total
GCA

$
2.0


$
11.2


$
3.5


$
—


$
—


$
16.6

2020 Vision

30.0


13.6


10.7


7.7


5.2


67.1

Total

$
32.0


$
24.7


$
14.2


$
7.7


$
5.2


$
83.8