Financial Derivatives and Hedging (Tables)

12 Months Ended

Oct. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments Recognized in Condensed Consolidated Statements of Income

The following table summarizes the amounts recognized with respect to our derivative instruments within the accompanying Consolidated Statements of Income:


Periods Ended October 31,
(In millions)		2025		2024		2023
Derivatives designated as cash flow hedges	Location of (Gain)/Loss Recognized on Derivatives
Interest rate swap contracts	Interest expense (income)	$	(36.1)	$	(55.0)	$	(43.1)

Schedule of Changes in Accumulated Other Comprehensive Income

Analysis of Changes in Accumulated Other Comprehensive Income (Loss):


(In millions)	Foreign Currency Translation Adjustment		Derivative Instruments		Minimum Pension Liability		Total
Balance at October 31, 2022	$	(555.0)	$	94.4	$	(6.2)	$	(466.8)
Gross change in value	17.0		(9.4)		4.0		11.6
Tax effect	—		2.4		(1.0)		1.4

Balance at October 31, 2023	$	(538.0)	$	87.4	$	(3.2)	$	(453.8)
Gross change in value	$	76.3	$	(55.9)	$	(2.2)	$	18.2
Tax effect	—		13.4		0.5		13.9

Balance at October 31, 2024	$	(461.7)	$	44.9	$	(4.9)	$	(421.7)
Gross change in value	$	35.5	$	(35.5)	$	8.5	$	8.5

Tax effect	—		8.6		(1.9)		6.7
Balance at October 31, 2025	$	(426.2)	$	18.0	$	1.7	$	(406.5)

The following table details the changes in the cumulative pre-tax impact of the gain on derivatives designated for hedge accounting:


(In millions)	Amount
Balance gain as of October 31, 2023	$	115.1
Amount recognized in other comprehensive income on interest rate swap contracts, gross ($(0.6), net of tax)	(0.9)
Amount reclassified from other comprehensive income into earnings, gross ($(41.9), net of tax)	(55.0)
Balance gain as of October 31, 2024	$	59.2
Amount recognized in other comprehensive income on interest rate swap contracts, gross ($0.5, net of tax)	0.6
Amount reclassified from other comprehensive income into earnings, gross ($(27.4), net of tax)	(36.1)
Balance gain as of October 31, 2025	$	23.7

COOPER COMPANIES, INC. 10-K