Stockholders' Equity (Tables)

6 Months Ended

May 02, 2025

Stockholders' Equity Note [Abstract]

Schedule of Components of Accumulated Other Comprehensive Loss (AOCL), Net of Tax

The components of accumulated other comprehensive loss ("AOCL"), net of tax, within the Condensed Consolidated Statements of Stockholders' Equity were as follows:


(Dollars in millions)	May 2, 2025		May 3, 2024		October 31, 2024
Foreign currency translation adjustments	$	29.0	$	36.4	$	33.9
Pension benefits	4.3		4.3		4.3
Cash flow derivative instruments	8.7		(4.9)		7.8
Total accumulated other comprehensive loss	$	42.0	$	35.8	$	46.0

Schedule of Components and Activity of AOCL

The components and activity of AOCL, net of tax, for the three and six month periods ended May 2, 2025 and May 3, 2024 were as follows:


(Dollars in millions)	Foreign Currency Translation Adjustments		Pension Benefits		Cash Flow Derivative Instruments		Total
Balance as of January 31, 2025	$	43.8	$	4.3	$	(0.9)	$	47.2
Other comprehensive (income) loss before reclassifications	(14.8)		—		9.9		(4.9)
Amounts reclassified from AOCL	—		—		(0.3)		(0.3)
Net current period other comprehensive (income) loss	(14.8)		—		9.6		(5.2)
Balance as of May 2, 2025	$	29.0	$	4.3	$	8.7	$	42.0


(Dollars in millions)	Foreign Currency Translation Adjustments		Pension Benefits		Cash Flow Derivative Instruments		Total
Balance as of October 31, 2024	$	33.9	$	4.3	$	7.8	$	46.0
Other comprehensive (income) loss before reclassifications	(4.9)		—		2.6		(2.3)
Amounts reclassified from AOCL	—		—		(1.7)		(1.7)
Net current period other comprehensive (income) loss	(4.9)		—		0.9		(4.0)
Balance as of May 2, 2025	$	29.0	$	4.3	$	8.7	$	42.0


(Dollars in millions)	Foreign Currency Translation Adjustments		Pension Benefits		Cash Flow Derivative Instruments		Total
Balance as of February 2, 2024	$	34.4	$	4.3	$	(3.7)	$	35.0
Other comprehensive loss (income) before reclassifications	2.0		—		(3.6)		(1.6)
Amounts reclassified from AOCL	—		—		2.4		2.4
Net current period other comprehensive loss (income)	2.0		—		(1.2)		0.8
Balance as of May 3, 2024	$	36.4	$	4.3	$	(4.9)	$	35.8


(Dollars in millions)	Foreign Currency Translation Adjustments		Pension Benefits		Cash Flow Derivative Instruments		Total
Balance as of October 31, 2023	$	41.7	$	4.3	$	(9.0)	$	37.0
Other comprehensive income before reclassifications	(5.3)		—		(0.6)		(5.9)
Amounts reclassified from AOCL	—		—		4.7		4.7
Net current period other comprehensive (income) loss	(5.3)		—		4.1		(1.2)
Balance as of May 3, 2024	$	36.4	$	4.3	$	(4.9)	$	35.8

TORO CO 10-Q