Nordson (NDSN) 10-K17 Dec 212021 FY Annual reportFinancial data

Company Profile

Cover

Cover - USD ($)	12 Months Ended
Cover - USD ($)	Oct. 31, 2021	Nov. 30, 2021	Apr. 30, 2021
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Oct. 31, 2021
Document Transition Report	false
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Central Index Key	0000072331
Current Fiscal Year End Date	--10-31
Entity File Number	0-7977
Entity Registrant Name	NORDSON CORPORATION
Entity Incorporation, State or Country Code	OH
Entity Tax Identification Number	34-0590250
Entity Address, Address Line One	28601 Clemens Road
Entity Address, City or Town	Westlake
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	44145
City Area Code	440
Local Phone Number	892-1580
Title of 12(b) Security	Common Shares, without par value
Trading Symbol	NDSN
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 12,262,663,905
Entity Common Stock, Shares Outstanding		58,176,606
Documents Incorporated by Reference	Portions of the Proxy Statement for the 2022 Annual Meeting - Part III of the Form 10-K

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Income Statement [Abstract]
Sales	$ 2,362,209	$ 2,121,100	$ 2,194,226
Operating costs and expenses:
Cost of sales	1,038,129	990,632	1,002,123
Selling and administrative expenses	708,953	693,552	708,990
Assets held for sale impairment charge	0	87,371	0
Total operating costs and expenses	1,747,082	1,771,555	1,711,113
Operating profit	615,127	349,545	483,113
Other income (expense):
Interest expense	(25,491)	(32,160)	(47,145)
Interest and investment income	2,150	1,681	1,844
Other - net	(17,610)	(17,577)	(6,708)
Total other income (expense)	(40,951)	(48,056)	(52,009)
Income before income taxes	574,176	301,489	431,104
Income tax provision:
Current	115,737	65,906	95,031
Deferred	4,071	(13,956)	(1,018)
Income taxes	119,808	51,950	94,013
Net income	$ 454,368	$ 249,539	$ 337,091
Average common shares (in shares)	58,091	57,757	57,462
Incremental common shares attributable to outstanding stock options, restricted stock and deferred stock-based compensation (in shares)	643	716	740
Average common shares and common share equivalents (in shares)	58,734	58,473	58,202
Basic earnings per share (in dollars per share)	$ 7.82	$ 4.32	$ 5.87
Diluted earnings per share (in dollars per share)	7.74	4.27	5.79
Dividends declared per common share (in dollars per share)	$ 1.69	$ 1.53	$ 1.43

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 454,368	$ 249,539	$ 337,091
Components of other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	7,033	12,910	3,710
Pension and postretirement benefit plans:
Prior service (cost) credit arising during the year	124	(6)	(148)
Net actuarial gain (loss) arising during the year	25,289	(21,607)	(63,138)
Amortization of prior service cost	(304)	(232)	(322)
Amortization of actuarial loss	14,954	12,767	6,946
Settlement loss recognized	3,187	1,931	385
Total pension and postretirement benefit plans	43,250	(7,147)	(56,277)
Total other comprehensive income (loss)	50,283	5,763	(52,567)
Total comprehensive income	$ 504,651	$ 255,302	$ 284,524

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020
Current assets:
Cash and cash equivalents	$ 299,972	$ 208,293
Receivables - net	489,389	471,873
Inventories - net	327,195	277,033
Prepaid expenses and other current assets	48,282	43,798
Assets held for sale	0	19,615
Total current assets	1,164,838	1,020,612
Property, plant and equipment - net	355,565	358,618
Operating right of use lease assets	110,851	122,125
Goodwill	1,713,148	1,713,354
Intangible assets - net	357,367	407,586
Deferred income taxes	11,381	9,831
Other assets	77,811	42,530
Total assets	3,790,961	3,674,656
Current liabilities:
Accounts payable	91,689	70,949
Income taxes payable	16,636	7,841
Accrued liabilities	201,992	167,883
Customer advance payments	77,868	42,323
Current maturities of long - term debt	34,188	38,043
Operating lease liability - current	17,222	16,918
Finance lease liability	5,799	5,984
Liabilities held for sale	0	13,148
Total current liabilities	445,394	363,089
Long-term debt	781,709	1,067,952
Operating lease liability - noncurrent	97,685	109,317
Finance lease liability - noncurrent	14,944	10,470
Pension obligations	80,584	165,529
Postretirement obligations	82,652	85,249
Deferred income taxes	88,467	66,995
Other long-term liabilities	40,396	47,064
Shareholders' equity:
Preferred shares, no par value; 10,000 shares authorized; none issued	0	0
Common shares, no par value; 160,000 shares authorized; 98,023 shares issued at October 31, 2021 and 2020	12,253	12,253
Capital in excess of stated value	585,334	534,684
Retained earnings	3,265,027	2,908,738
Accumulated other comprehensive loss	(175,835)	(226,118)
Common shares in treasury, at cost	(1,527,649)	(1,470,566)
Total shareholders' equity	2,159,130	1,758,991
Total liabilities and shareholders' equity	$ 3,790,961	$ 3,674,656

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - shares	Oct. 31, 2021	Oct. 31, 2020
Statement of Financial Position [Abstract]
Preferred shares, authorized (in shares)	10,000,000	10,000,000
Preferred shares, issued (in shares)	0	0
Common shares, authorized (in shares)	160,000,000	160,000,000
Common shares, issued (in shares)	98,023,000	98,023,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Shares	Additional Paid-in- Capital	Retained Earnings	Retained EarningsCumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Income (Loss)	Common Shares in Treasury, at cost
Beginning Balance at Oct. 31, 2018	$ 1,450,741	$ 4,329	$ 12,253	$ 446,555	$ 2,488,375	$ 4,329	$ (179,314)	$ (1,317,128)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued under company stock and employee benefit plans	26,020			18,475				7,545
Stock-based compensation	18,086			18,086
Purchase of treasury shares, value	(120,510)							(120,510)
Dividends declared	(82,145)				(82,145)
Net income	337,091				337,091
Other Comprehensive Income (Loss):
Foreign currency translation adjustments	3,710						3,710
Defined benefit pension and post-retirement plans adjustment	(56,277)						(56,277)
Ending Balance at Oct. 31, 2019	1,581,045	(104)	12,253	483,116	2,747,650	(104)	(231,881)	(1,430,093)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued under company stock and employee benefit plans	50,853			38,712				12,141
Stock-based compensation	12,856			12,856
Purchase of treasury shares, value	(52,614)							(52,614)
Dividends declared	(88,347)				(88,347)
Net income	249,539				249,539
Other Comprehensive Income (Loss):
Foreign currency translation adjustments	12,910						12,910
Defined benefit pension and post-retirement plans adjustment	(7,147)						(7,147)
Ending Balance at Oct. 31, 2020	1,758,991	$ (396)	12,253	534,684	2,908,738	$ (396)	(226,118)	(1,470,566)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued under company stock and employee benefit plans	31,780			27,893				3,887
Stock-based compensation	22,757			22,757
Purchase of treasury shares, value	(60,970)							(60,970)
Dividends declared	(97,683)				(97,683)
Net income	454,368				454,368
Other Comprehensive Income (Loss):
Foreign currency translation adjustments	7,033						7,033
Defined benefit pension and post-retirement plans adjustment	43,250						43,250
Ending Balance at Oct. 31, 2021	$ 2,159,130		$ 12,253	$ 585,334	$ 3,265,027		$ (175,835)	$ (1,527,649)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares shares in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Statement of Stockholders' Equity [Abstract]
Accounting Standards Update [Extensible List]	Accounting Standards Update 2016-13	Accounting Standards Update 2016-02 [Member]	Accounting Standards Update 2014-09 [Member]
Purchase of treasury shares (in shares)	291,253	384,498	998,004
Dividends declared (in dollars per share)	$ 1.69	$ 1.53	$ 1.43

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Cash flows from operating activities:
Net income	$ 454,368	$ 249,539	$ 337,091
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	53,332	56,323	55,454
Amortization	50,551	56,979	54,790
Provision for losses on receivables	32	2,165	2,254
Deferred income taxes	4,071	(13,956)	(1,018)
Non-cash stock compensation	22,757	12,856	18,086
Loss on sale of property, plant and equipment	589	484	953
Impairment loss on assets held for sale	0	87,371	0
Other non-cash	4,907	3,729	(669)
Changes in operating assets and liabilities:
Receivables	(13,720)	50,098	(39,992)
Inventories	(50,584)	5,785	(23,117)
Prepaid expenses	(5,209)	1,978	(2,024)
Accounts payable	20,769	(10,673)	654
Income taxes payable	8,659	(7,816)	(3,832)
Accrued liabilities	32,929	6,360	(14,027)
Customer advance payments	36,167	(619)	2,193
Other - principally pension plan	(73,691)	1,818	(3,903)
Net cash provided by operating activities	545,927	502,421	382,893
Cash flows from investing activities:
Additions to property, plant and equipment	(38,303)	(50,535)	(64,244)
Proceeds from sale of property, plant and equipment	163	840	1,285
Acquisition of businesses, net of cash acquired	0	(142,414)	(12,486)
Other	4,971	(2,000)	(844)
Net cash used in investing activities	(33,169)	(194,109)	(76,289)
Cash flows from financing activities:
Proceeds from long-term debt	9,414	165,734	186,635
Repayment of long-term debt	(298,830)	(319,550)	(254,473)
Repayment of capital lease obligations	(6,624)
Repayment of capital lease obligations		(7,605)	(4,859)
Payment of debt issuance costs	0	0	(1,742)
Issuance of common shares	31,780	50,853	26,020
Purchase of treasury shares	(60,970)	(52,614)	(120,510)
Dividends paid	(97,683)	(88,347)	(82,145)
Net cash used in financing activities	(422,913)	(251,529)	(251,074)
Effect of exchange rate changes on cash	1,834	346	(44)
Increase in cash and cash equivalents	91,679	57,129	55,486
Cash and cash equivalents at beginning of year	208,293	151,164	95,678
Cash and cash equivalents at end of year	$ 299,972	$ 208,293	$ 151,164

Significant accounting policies

Significant accounting policies	12 Months Ended
Significant accounting policies	Oct. 31, 2021
Accounting Policies [Abstract]
Significant accounting policies	Significant accounting policies Consolidation — The consolidated financial statements include the accounts of Nordson Corporation and its 100%-owned and controlled subsidiaries. Investments in affiliates and joint ventures in which our ownership is 50 percent or less or in which we do not have control but have the ability to exercise significant influence, are accounted for under the equity method. All significant intercompany accounts and transactions have been eliminated in consolidation. Use of estimates — The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and notes. Actual amounts could differ from these estimates. Fiscal year — Our fiscal year is November 1 through October 31. Revenue recognition — A contract exists when it has approval and commitment from both parties, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and collectability of the consideration is probable. Revenue is recognized when performance obligations under the terms of the contract with a customer are satisfied. Generally, our revenue results from short-term, fixed-price contracts and primarily is recognized as of a point in time when the product is shipped or at a later point when the control of the product transfers to the customer. Revenue for undelivered items is deferred and included within Accrued liabilities in our Consolidated Balance Sheets. Revenues deferred as of October 31, 2021 and 2020 were not material. However, for certain contracts related to the sale of customer-specific products within our Advanced Technology Solutions segment, revenue is recognized for these contracts over time as we satisfy performance obligations because of the continuous transfer of control to the customer. The continuous transfer of control to the customer occurs as we enhance assets that are customer controlled and we are contractually entitled to payment for work performed to date plus a reasonable margin. As control transfers over time for these products or services, revenue is recognized based on progress toward completion of the performance obligations. The selection method to measure progress towards completion requires judgment and is based on the nature of the products or services to be provided. We have elected to use the input method – costs incurred for these contracts because it best depicts the transfer of products or services to the customer based on incurring costs on the contract. Under this method, revenues are recorded proportionally as costs are incurred. Contract assets recognized are recorded in Prepaid expenses and other current assets and contract liabilities are recorded in Accrued liabilities in our Consolidated Balance Sheets and were not material at October 31, 2021 or 2020. Revenue recognized over time represented approximately ten percent of our overall consolidated revenues at October 31, 2021 or 2020. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring products or services. Taxes, including sales and value add, that we collect concurrently with revenue-producing activities are excluded from revenue. As a practical expedient, we may exclude the assessment of whether goods or services are performance obligations, if they are immaterial in the context of the contract, and combine these with other performance obligations. While payment terms and conditions vary by contract type, we have determined that our contracts generally do not include a significant financing component. We have elected to apply the practical expedient to treat all shipping and handling costs as fulfillment costs as a significant portion of these costs are incurred prior to transfer of control to the customer. We have also elected to apply the practical expedient to expense sales commissions as they are incurred as the amortization period resulting from capitalizing the costs is one year or less. These costs are recorded within Selling, general and administrative expenses in our Consolidated Statements of Income. We offer assurance type warranties on our products as well as separately sold warranty contracts. Revenue related to warranty contracts that are sold separately is recognized over the life of the warranty term and are not material. Certain arrangements may include installation, installation supervision, training, and spare parts, which tend to be completed in a short period of time, at an insignificant cost, and utilizing skills not unique to us, therefore, are typically regarded as inconsequential or not material. We disclose disaggregated revenues by operating segment and geography in accordance with the revenue standard and on the same basis used internally by the chief operating decision maker for evaluating performance of operating segments and for allocating resources. Refer to Note 16 for details on our operating segments. Shipping and handling costs — Amounts billed to customers for shipping and handling are recorded as revenue. Shipping and handling expenses are included in cost of sales. Advertising costs — Advertising costs are expensed as incurred and were $5,986, $7,174 and $10,479 in 2021, 2020 and 2019, respectively. Research and development — Investments in research and development are important to our long-term growth, enabling us to keep pace with changing customer and marketplace needs through the development of new products and new applications for existing products. We place strong emphasis on technology developments and improvements through internal engineering and research teams. Research and development costs are expensed as incurred and were $59,422, $63,591 and $60,018 in 2021, 2020 and 2019, respectively. As a percentage of sales, research and development expenses were 2.5, 3.0 and 2.7 percent in 2021, 2020 and 2019, respectively. Earnings per share — Basic earnings per share are computed based on the weighted-average number of common shares outstanding during each year, while diluted earnings per share are based on the weighted-average number of common shares and common share equivalents outstanding. Common share equivalents consist of shares issuable upon exercise of stock options computed using the treasury stock method, as well as restricted stock and deferred stock-based compensation. Options whose exercise price is higher than the average market price are excluded from the calculation of diluted earnings per share because the effect would be anti-dilutive. Options for 46 common shares were excluded from the diluted earnings per share calculation in 2021 and 95 and 176 options were excluded from the calculation of diluted earnings per share in 2020 and 2019, respectively because their effect would have been anti-dilutive. Under the Amended and Restated 2012 Stock Incentive and Award Plan, executive officers and selected other key employees receive common share awards based on corporate performance measures over three-year performance periods. Awards for which performance measures have not been met were excluded from the calculation of diluted earnings per share. Cash and cash equivalents — Highly liquid instruments with maturities of 90 days or less at date of purchase are considered to be cash equivalents. Allowance for doubtful accounts — An allowance for doubtful accounts is maintained for estimated losses resulting from the inability of customers to make required payments. The amount of the allowance is determined principally on the basis of past collection experience and known factors regarding specific customers. Accounts are written off against the allowance when it becomes evident that collection will not occur. Credit is extended to customers satisfying pre-defined credit criteria. We believe we have limited concentration of credit risk due to the diversity of our customer base. Our primary allowance for credit losses is the allowance for doubtful accounts, which is principally determined based on aging of receivables. Receivables are exposed to credit risk based on the customers' ability to pay which is influenced by, among other factors, their financial liquidity. We perform ongoing customer credit evaluation to maintain sufficient allowances for potential credit losses. Our segments perform credit evaluation and monitoring to estimate and manage credit risk through the review of customer information, credit ratings, approval and monitoring of customer credit limits, and assessment of market conditions. We may also require prepayments or bank guarantees from customers to mitigate credit risk. Our receivables are generally short-term in nature with a majority of receivables outstanding less than 90 days. Accounts receivable balances are written-off against the allowance if deemed uncollectible. Accounts receivable are net of an allowance for credit losses of $7,552 and $9,045 at October 31, 2021 and October 31, 2020, respectively. The change in the allowance for expected credit losses includes an immaterial accounting standard adoption impact from ASU 2016-13 of $396 for the twelve months ended October 31, 2021. The provision for losses on receivables was $32 for the twelve months ended October 31, 2021, respectively, compared to $2,165 for the same periods a year ago, respectively. The remaining change in the allowance for credit losses is principally related to the write-off of uncollectible accounts. Inventories — Inventories are valued at the lower of cost or net realizable value. Cost was determined using the last-in, first-out (LIFO) method for 16 percent of consolidated inventories at October 31, 2021 and 19 percent of consolidated inventories at October 31, 2020. The first-in, first-out (FIFO) method is used for all other inventories. Consolidated inventories would have been $4,216 and $4,545 higher than reported at October 31, 2021 and 2020, respectively, had the FIFO method, which approximates current cost, been used for valuation of all inventories. Property, plant and equipment and depreciation — Property, plant and equipment are carried at cost. Additions and improvements that extend the lives of assets are capitalized, while expenditures for repairs and maintenance are expensed as incurred. Plant and equipment are depreciated for financial reporting purposes using the straight-line method over the estimated useful lives of the assets or, in the case of property under finance leases, over the terms of the leases. Leasehold improvements are depreciated over the shorter of the lease term or their useful lives. Useful lives are as follows: Land improvements 15-25 years Buildings 20-40 years Machinery and equipment 3-18 years Enterprise management systems 5-13 years Depreciation expense is included in cost of sales and selling and administrative expenses. Internal use software costs are expensed or capitalized depending on whether they are incurred in the preliminary project stage, application development stage or the post-implementation stage. Amounts capitalized are amortized over the estimated useful lives of the software beginning with the project’s completion. All re-engineering costs are expensed as incurred. Interest costs on significant capital projects are capitalized. No interest was capitalized in 2021, 2020 or 2019. Goodwill and intangible assets — Goodwill is the excess of cost of an acquired entity over the amounts assigned to assets acquired and liabilities assumed in a business combination. Goodwill relates to and is assigned directly to specific reporting units. Goodwill is not amortized but is subject to annual impairment testing. Our annual impairment testing is performed as of August 1. Testing is done more frequently if an event occurs or circumstances change that would indicate the fair value of a reporting unit is less than the carrying amount of those assets. Other amortizable intangible assets, which consist primarily of patent/technology costs, customer relationships, noncompete agreements, and trade names, are amortized over their useful lives on a straight-line basis. At October 31, 2021, the weighted-average useful lives for each major category of amortizable intangible assets were: Patent/technology costs 12 years Customer relationships 14 years Noncompete agreements 4 years Trade names 15 years Foreign currency translation — The financial statements of subsidiaries outside the United States are generally measured using the local currency as the functional currency. Assets and liabilities of these subsidiaries are translated at the rates of exchange at the balance sheet dates. Income and expense items are translated at average monthly rates of exchange. The resulting translation adjustments are included in accumulated other comprehensive income (loss), a separate component of shareholders’ equity. Generally, gains and losses from foreign currency transactions, including forward contracts, of these subsidiaries and the United States parent are included in net income. Gains and losses from intercompany foreign currency transactions of a long-term investment nature are included in accumulated other comprehensive income (loss). Accumulated other comprehensive loss — Accumulated other comprehensive loss at October 31, 2021 and 2020 consisted of: Cumulative Pension and Accumulated Balance at October 31, 2020 $ (40,422) $ (185,696) $ (226,118) Pension and postretirement plan changes, net of tax of $(12,938) — 43,250 43,250 Currency translation losses 7,033 — 7,033 Balance at October 31, 2021 $ (33,389) $ (142,446) $ (175,835) Warranties — We offer warranties to our customers depending on the specific product and terms of the customer purchase agreement. A typical warranty program requires that we repair or replace defective products within a specified time period (generally one year) measured from the date of delivery or first use. We record an estimate for future warranty-related costs based on actual historical return rates. Based on analysis of return rates and other factors, the adequacy of our warranty provisions is adjusted as necessary. The liability for warranty costs is included in accrued liabilities in the Consolidated Balance Sheet. Following is a reconciliation of the product warranty liability as of October 31, 2021 and 2020: 2021 2020 Balance at beginning of year $ 10,550 $ 11,006 Accruals for warranties 16,011 11,662 Warranty payments (15,475) (12,330) Currency adjustments 27 212 Balance at end of year $ 11,113 $ 10,550

Recently Issued Accounting Stan

Recently Issued Accounting Standards	12 Months Ended
Recently Issued Accounting Standards	Oct. 31, 2021
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Standards	Recently issued accounting standards New accounting guidance adopted: In June 2016, the Financial Accounting Standards Board (FASB) issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326),” which changed the impairment model for most financial instruments. Prior guidance required the recognition of credit losses based on an incurred loss impairment methodology that reflected losses once the losses are probable. We adopted the new standard on November 1, 2020 and are now applying a current expected credit loss model that requires recognizing an estimate of credit losses that are expected to occur over the life of the financial instruments that are in the scope of the update, including trade receivables. The standard requires judgment and consideration of historical information, current information, and reasonable and supportable forecasts, as well as the impact of any prepayments. In addition, we reviewed our business processes and controls to support the recognition and disclosure as required under the new standard. The adoption of this new standard did not have a material impact on our Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-15, “Intangibles – Goodwill and Other Internal – Use Software (Subtopic 350-40),” which is meant to help entities evaluate the accounting for fees paid by a customer in a cloud computing arrangement (hosting arrangement), by providing guidance in determining when the arrangement includes a software license. We adopted the new standard on November 1, 2020. Hosted arrangements deemed to be in scope will follow the capitalization criteria for implementation costs as though they were internal-use computer software. There may be multiple elements besides the software license (such as: training, future upgrades, data conversion, and other elements) which require the allocation of the contract price to each of the elements; entities are to capitalize only those elements which meet the capitalization criteria. Capitalized implementation costs are amortized over the term of the hosted arrangement including consideration for renewal or termination options. In addition, we reviewed our business processes and controls to support the recognition and disclosure as required under the new standard. The adoption of this new standard did not have a material impact on our Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-14, “Compensation – Retirement Benefits – Defined Benefit Plans – General (Subtopic 715-20),” a new standard which addresses defined benefit plans. The amendments modify the following disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans: the amounts in accumulated other comprehensive income expected to be recognized as components of net period benefit cost over the next fiscal year, amount and timing of plan assets expected to be returned to the employer, related party disclosure about the amount of future annual benefits covered by insurance and annuity contracts and significant transactions between the employer or related parties and the plan, and the effects of a 1.00 percent point change in assumed health care cost trend rates on the (a) aggregate of the service and interest cost components of net periodic benefit costs and (b) benefit obligations for postretirement health care benefits are removed. A disclosure requirement was added for the explanation of the reasons for significant gains and losses related to changes in the benefit obligation for the period. Additionally, the standard clarifies disclosure requirements surrounding the projected benefit obligation (PBO) and fair value of plan assets for plans with PBOs in excess of plan assets and the accumulated benefit obligation (ABO) and fair value of plan assets for plans with ABOs in excess of plan assets. We adopted the new standard and revised disclosures as reflected in Note 7 with no material impact to the Consolidated Financial Statements. In August 2018, the FASB issued a new standard which removes, modifies, and adds certain disclosure requirements on fair value measurements. The guidance removes disclosure requirements pertaining to the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy, the policy for timing of transfers between levels, and the valuation processes for Level 3 fair value measurements. For investments in certain entities that calculate net asset value, an entity is required to disclose the timing of liquidation of an investee’s assets and the date when restrictions from redemption might lapse only if the investee has communicated the timing to the entity or announced the timing publicly. In addition, the amendment clarifies that the measurement uncertainty disclosure is to communicate information about the uncertainty in measurement as of the reporting date. The guidance adds disclosure requirements for changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements held at the end of the reporting period as well as

Acquisitions

Acquisitions	12 Months Ended
Acquisitions	Oct. 31, 2021
Business Combinations [Abstract]
Acquisitions	Acquisitions Business acquisitions have been accounted for using the acquisition method, with the acquired assets and liabilities recorded at estimated fair value on the dates of acquisition. The cost in excess of the net assets of the business acquired is included in goodwill. Operating results since the respective dates of acquisitions are included in the Consolidated Statement of Income. 2020 acquisitions On September 1, 2020, we acquired 100 percent of the outstanding shares of vivaMOS Ltd. ("vivaMOS"), a developer and fabricator of high-end large-area complementary metal–oxide–semiconductor ("CMOS") image sensors for a wide range of X-ray applications. We acquired vivaMOS for an aggregate purchase price of $17,154 net of cash and other closing adjustments of approximately $158, utilizing cash on hand. Based on the fair value of the assets acquired and the liabilities assumed, goodwill of $14,394 and identifiable intangible assets of $4,040 were recorded. The identifiable intangible assets consist primarily of $3,900 of technology (amortized over 10 years) and $140 of non-compete agreements (amortized over 3 years). Goodwill associated with this acquisition was not tax deductible. This acquisition is being reported in our Advanced Technology Solutions segment and the results of vivaMOS were not material to our Consolidated Financial Statements. On June 1, 2020, we acquired 100 percent of the outstanding shares of Fluortek, Inc. ("Fluortek"), a precision plastic extrusion manufacturer that provides custom dimensioned tubing to the medical device industry. We acquired Fluortek for an aggregate purchase price of $125,260, net of cash and other closing adjustments of approximately $515, utilizing cash on hand. Based on the fair value of the assets acquired and the liabilities assumed, property, plant and equipment and working capital – net of $19,843, goodwill of $76,047 and identifiable intangible assets of $29,370 were recorded. The identifiable intangible assets consist primarily of $19,700 of customer relationships (amortized over 12 years), $7,400 of technology (amortized over 10 years), $1,500 of tradenames (amortized over 10 years), and $770 of non-compete agreements (amortized over 5 years). Goodwill associated with this acquisition was tax deductible. This acquisition is being reported in our Advanced Technology Solutions segment and the results for Fluortek were not material to the our Consolidated Financial Statements. 2019 acquisition

Divestiture

Divestiture	12 Months Ended
Divestiture	Oct. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]
Divestiture	Divestiture In the fourth quarter of 2020, we committed to a plan to sell our screws and barrels product line within our Industrial Precision Solutions operating segment and determined the criteria to be classified as held for sale were met. We entered into a letter of intent to sell the screws and barrels product line in October 2020, and in December 2020, we entered into a definitive agreement with the buyer. The assets and liabilities were presented as held for sale in the Condensed Consolidated Balance Sheets and measured at the lower of carrying value or fair value less cost to sell from October 31, 2021 until the transaction was completed on February 1, 2021. Before measuring the fair value less costs to sell of the disposal group as a whole, we first reviewed individual assets and liabilities to determine if any fair value adjustments were required and concluded no individual asset impairments were required. Then, based on the definitive agreement entered into by us and the buyer, we determined the fair value of the disposal group to be equal to the selling price, less costs to sell. Based on this review, we recorded a non-cash, assets held for sale impairment charge of $87,371 in 2020. The assets and liabilities of the screws and barrels product line classified as held for sale at October 31, 2020 were as follows: 2020 Receivables - net $ 14,327 Inventories - net 9,854 Prepaid expenses and other current assets 696 Property, plant and equipment - net 58,950 Other assets 23,159 Impairment on carrying value (87,371) Assets held for sale $ 19,615 Accounts payable $ 4,625 Accrued liabilities 3,352 Other liabilities 5,171 Liabilities held for sale $ 13,148 Excluding the non-cash, assets held for sale impairment charge recorded in the fourth quarter of 2020, the operating results of the screws and barrels product line were not material to our Consolidated Financial Statements for any period presented. There were no significant adjustments in 2021 to the loss recognized in 2020.

Details of Consolidated Balance

Details of Consolidated Balance Sheet	12 Months Ended
Details of Consolidated Balance Sheet	Oct. 31, 2021
Balance Sheet Related Disclosures [Abstract]
Details of Consolidated Balance Sheet	Note 5 — Details of Consolidated Balance Sheet 2021 2020 Receivables: Accounts $ 479,594 $ 445,360 Notes 2,504 4,592 Other 14,843 30,966 496,941 480,918 Allowance for doubtful accounts (7,552) (9,045) $ 489,389 $ 471,873 Inventories: Raw materials and component parts $ 111,089 $ 94,630 Work-in-process 54,557 44,403 Finished goods 211,628 183,860 377,274 322,893 Obsolescence and other reserves (45,863) (41,315) LIFO reserve (4,216) (4,545) $ 327,195 $ 277,033 Property, plant and equipment: Land $ 9,238 $ 8,816 Land improvements 4,786 4,611 Buildings 263,399 253,621 Machinery and equipment 491,180 464,171 Enterprise management system 50,532 56,103 Construction-in-progress 32,719 29,897 Leased property under finance leases 37,506 32,590 889,360 849,809 Accumulated depreciation and amortization (533,795) (491,191) $ 355,565 $ 358,618 Accrued liabilities: Salaries and other compensation $ 87,066 $ 52,260 Pension and retirement 5,622 10,282 Taxes other than income taxes 13,095 13,346 Customer commissions 10,460 9,158 Other 85,749 82,837 $ 201,992 $ 167,883

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
Goodwill and Intangible Assets	Oct. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and intangible assetsWe account for goodwill and other intangible assets in accordance with the provisions of ASC 350 and account for business combinations using the acquisition method of accounting and accordingly, the assets and liabilities of the entities acquired are recorded at their estimated fair values at the acquisition date. Goodwill is the excess of purchase price over the fair value of tangible and identifiable intangible net assets acquired in various business combinations. Goodwill is not amortized but is subject to annual impairment testing. Our annual impairment testing is performed as of August 1. Testing is done more frequently if an event occurs or circumstances change that would indicate the fair value of a reporting unit is less than the carrying amount of those assets. We assess the fair value of reporting units on a non-recurring basis using a quantitative analysis that uses a combination of the discounted cash flow method of the Income Approach and the guideline public company method of the Market Approach, and compare the result against the reporting unit’s carrying value of net assets. The implied fair value of our reporting units is determined based on significant unobservable inputs, as discussed below; accordingly, these inputs fall within Level 3 of the fair value hierarchy. The discounted cash flow method (Income Approach) uses assumptions for revenue growth, operating margin, and working capital turnover that are based on management’s strategic plans tempered by performance trends and reasonable expectations about those trends. Terminal value calculations employ a published formula known as the Gordon Growth Model Method that essentially captures the present value of perpetual cash flows beyond the last projected period assuming a constant Weighted Average Cost of Capital (WACC) methodology and growth rate. For each reporting unit, a sensitivity analysis is performed to vary the discount and terminal growth rates in order to provide a range of reasonableness for detecting impairment. Discount rates are developed using a WACC methodology. The WACC represents the blended average required rate of return for equity and debt capital based on observed market return data and company specific risk factors. In the application of the guideline public company method (Market Approach), fair value is determined using transactional evidence for similar publicly traded equity. The comparable company guideline group is determined based on relative similarities to each reporting unit since exact correlations are not available. An indication of fair value for each reporting unit is based on the placement of each reporting unit within a range of multiples determined for its comparable guideline company group. Valuation multiples are derived by dividing latest twelve-month performance for revenues and Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) into total invested capital, which is the sum of traded equity plus interest bearing debt less cash. These multiples are applied against the revenue and EBITDA of each reporting unit. While the implied indications of fair value using the guideline public company method yield meaningful results, the discounted cash flow method of the income approach includes management’s thoughtful projections and insights as to what the reporting units will accomplish in the near future. Accordingly, the reasonable, implied fair value of each reporting unit is a blend based on the consideration of both the Income and Market approaches. An impairment charge is recorded for the amount by which the carrying value of the reporting unit exceeds the fair value of the reporting unit, as calculated in the quantitative analysis described above. Based on our annual impairment tests in 2021, 2020 and 2019, the fair value of each reporting unit exceeded its carrying value, and accordingly, we did not record any goodwill impairment charges in 2021, 2020 or 2019. Our reporting units include components of the Industrial Precision Solutions and the Advanced Technology Solutions segments. Changes in the carrying amount of goodwill during 2021 by operating segment: Industrial Precision Solutions Advanced Technology Solutions Total Balance at October 31, 2020 $ 415,862 $ 1,297,492 $ 1,713,354 Currency effect (842) 636 (206) Balance at October 31, 2021 $ 415,020 $ 1,298,128 $ 1,713,148 Changes in the carrying amount of goodwill during 2020 by operating segment: Industrial Precision Solutions Advanced Technology Solutions Total Balance at October 31, 2019 $ 411,461 $ 1,203,278 $ 1,614,739 Acquisition — 90,441 90,441 Other (453) — (453) Currency effect 4,854 3,773 8,627 Balance at October 31, 2020 $ 415,862 $ 1,297,492 $ 1,713,354 Accumulated impairment losses, which were recorded in 2009, were $232,789 of which $229,173 related to the Advanced Technology Solutions segment and $3,616 related to the Industrial Precision Solutions segment. The Other activity above reflects an allocation of goodwill to the disposal group classified as held for sale in 2020. Information regarding intangible assets subject to amortization: October 31, 2021 Carrying Accumulated Net Book Customer relationships $ 483,815 $ 226,658 $ 257,157 Patent/technology costs 154,267 89,299 64,968 Trade names 74,301 39,858 34,443 Noncompete agreements 9,896 9,099 797 Other 1,385 1,383 2 Total $ 723,664 $ 366,297 $ 357,367 October 31, 2020 Carrying Accumulated Net Book Customer relationships $ 483,568 $ 193,617 $ 289,951 Patent/technology costs 153,555 76,934 76,621 Trade names 74,240 34,693 39,547 Noncompete agreements 9,908 8,444 1,464 Other 1,403 1,400 3 Total $ 722,674 $ 315,088 $ 407,586 Amortization expense for 2021, 2020 and 2019 was $50,551, $56,979 and $54,790, respectively. Estimated amortization expense for each of the five succeeding years: Year Amounts 2022 $ 46,696 2023 $ 45,355 2024 $ 39,784 2025 $ 38,796 2026 $ 37,530

Retirement, Pension and Other P

Retirement, Pension and Other Postretirement Plans	12 Months Ended
Retirement, Pension and Other Postretirement Plans	Oct. 31, 2021
Retirement Benefits [Abstract]
Retirement, Pension and Other Postretirement Plans	Retirement, pension and other postretirement plans Retirement plans — We have funded contributory retirement plans covering certain employees. Our contributions are primarily determined by the terms of the plans, subject to the limitation that they shall not exceed the amounts deductible for income tax purposes. We also sponsor unfunded contributory supplemental retirement plans for certain employees. Generally, benefits under these plans vest gradually over a period of approximately three years from date of employment, and are based on the employee’s contribution. The expense applicable to retirement plans for 2021, 2020 and 2019 was approximately $22,983, $20,265 and $22,573, respectively. Pension plans — We have various pension plans covering a portion of our United States and international employees. Pension plan benefits are generally based on years of employment and, for salaried employees, the level of compensation. Actuarially determined amounts are contributed to United States plans to provide sufficient assets to meet future benefit payment requirements. We also sponsor an unfunded supplemental pension plan for certain employees. International subsidiaries fund their pension plans according to local requirements. A reconciliation of the benefit obligations, plan assets, accrued benefit cost and the amount recognized in financial statements for pension plans is as follows: United States International 2021 2020 2021 2020 Change in benefit obligation: Benefit obligation at beginning of year $ 615,768 $ 551,997 $ 104,849 $ 97,990 Service cost 22,555 20,635 2,120 2,099 Interest cost 13,652 15,824 887 1,025 Participant contributions — — 80 83 Amendments — — 15 — Settlements (9,016) (4,992) (714) — Curtailments (2,436) — — — Foreign currency exchange rate change — — 1,024 2,814 Actuarial loss (gain) 4,561 47,788 (121) 2,729 Benefits paid (17,813) (15,484) (2,091) (1,891) Benefit obligation at end of year $ 627,271 $ 615,768 $ 106,049 $ 104,849 Change in plan assets: Beginning fair value of plan assets $ 510,250 $ 448,931 $ 45,476 $ 39,640 Actual return on plan assets 62,063 41,712 243 3,697 Company contributions 94,105 40,083 3,318 3,365 Participant contributions — — 80 83 Settlements (9,016) (4,992) (714) — Foreign currency exchange rate change — — 962 582 Benefits paid (17,813) (15,484) (2,091) (1,891) Ending fair value of plan assets $ 639,589 $ 510,250 $ 47,274 $ 45,476 Funded status at end of year $ 12,318 $ (105,518) $ (58,775) $ (59,373) Amounts recognized in financial statements: Noncurrent asset $ 30,840 $ 3,162 $ 4,086 $ 3,321 Accrued benefit liability (799) (5,211) — (634) Long-term pension obligations (17,723) (103,469) (62,861) (62,060) Total amount recognized in financial statements $ 12,318 $ (105,518) $ (58,775) $ (59,373) The net actuarial loss included in the projected benefit obligation for the United States pension plans for 2021 was primarily due to updated census data partially offset by gains due to changes in the discount rates. The net actuarial loss included in the projected benefit obligation for 2020 was primarily due to lower discount rates and updated census data and assumptions. United States International 2021 2020 2021 2020 Amounts recognized in accumulated other comprehensive (gain) loss: Net actuarial loss $ 142,070 $ 192,593 $ 30,544 $ 32,097 Prior service cost (credit) 48 (16) (1,808) (2,137) Accumulated other comprehensive loss $ 142,118 $ 192,577 $ 28,736 $ 29,960 The following table summarizes the changes in accumulated other comprehensive loss: United States International 2021 2020 2021 2020 Balance at beginning of year $ 192,577 $ 178,290 $ 29,960 $ 31,484 Net (gain) loss arising during the year (29,091) 30,743 1,220 305 Prior service cost arising during the year — — 15 — Net gain recognized during the year (14,885) (14,032) (3,144) (2,972) Prior service credit recognized during the year 64 84 303 290 Settlement loss (4,111) (2,508) (32) — Curtailment (2,436) — — — Exchange rate effect during the year — — 414 853 Balance at end of year $ 142,118 $ 192,577 $ 28,736 $ 29,960 Information regarding the funded status of the Company's plans is as follows: United States International 2021 2020 2021 2020 For plans with accumulated benefit obligation in excess of plan assets: Accumulated benefit obligation $ 16,182 $ 508,671 $ 85,559 $ 85,189 Fair value of plan assets — 444,723 32,306 30,797 For plans with projected benefit obligation in excess of plan assets: Projected benefit obligation 18,522 553,403 95,221 93,491 Fair value of plan assets — 444,723 32,360 30,797 Net periodic pension costs include the following components: United States International 2021 2020 2019 2021 2020 2019 Service cost $ 22,555 $ 20,635 $ 14,587 $ 2,120 $ 2,099 $ 1,933 Interest cost 13,652 15,824 18,304 887 1,025 1,670 Expected return on plan assets (28,410) (24,667) (23,341) (1,585) (1,273) (1,592) Amortization of prior service credit (64) (84) (61) (303) (290) (303) Amortization of net actuarial loss 14,885 14,032 6,702 3,144 2,972 1,696 Settlement loss 4,111 2,508 — 32 — 470 Total benefit cost $ 26,729 $ 28,248 $ 16,191 $ 4,295 $ 4,533 $ 3,874 Net periodic pension cost for 2021, 2020 and 2019 included settlement losses of $4,143, $2,508 and $470, respectively, due to lump sum retirement payments. The components of net periodic pension cost other than service cost are included in Other – net in our Consolidated Statements of Income. The weighted average assumptions used in the valuation of pension benefits were as follows: United States International 2021 2020 2019 2021 2020 2019 Assumptions used to determine benefit obligations at October 31: Discount rate 3.02 % 2.85 % 3.25 % 1.30 % 1.01 % 1.26 % Rate of compensation increase 4.00 4.00 4.00 2.90 2.69 3.12 Assumptions used to determine net benefit costs for the years ended October 31: Discount rate - benefit obligation 2.85 3.25 4.53 1.01 1.26 2.14 Discount rate - service cost 3.30 3.56 4.70 0.93 1.12 1.82 Discount rate - interest cost 2.10 2.78 4.15 0.80 1.05 1.90 Expected return on plan assets 5.75 5.75 6.00 3.31 3.22 3.96 Rate of compensation increase 4.00 4.00 3.90 2.69 3.12 3.12 The amortization of prior service cost is determined using a straight-line amortization of the cost over the average remaining service period of employees expected to receive benefits under the plans. The discount rate reflects the current rate at which pension liabilities could be effectively settled at the end of the year. The discount rate used considers a yield derived from matching projected pension payments with maturities of a portfolio of available bonds that receive the highest rating given from a recognized investments ratings agency. The changes in the discount rates in 2021, 2020, and 2019 are due to changes in yields for these types of investments as a result of the economic environment. In determining the expected return on plan assets using the calculated value of plan assets, we consider both historical performance and an estimate of future long-term rates of return on assets similar to those in our plans. We consult with and consider the opinions of financial and other professionals in developing appropriate return assumptions. The rate of compensation increase is based on management’s estimates using historical experience and expected increases in rates. The international plans include a cash balance plan with promised interest crediting rates. The weighted average crediting rates were 0.50%, 0.40% and 0.60% for 2021, 2020 and 2019. Net actuarial gains or losses are amortized to expense on a plan-by-plan basis when they exceed the accounting corridor, which is set at 10 percent of the greater of the plan assets or benefit obligations. Gains or losses within the corridor remain in other comprehensive income and are retested in subsequent measurements. Gains or losses outside of the corridor are subject to amortization over an average employee future service period that differs by plan. If substantially all of the plan’s participants are no longer actively accruing benefits, the average life expectancy is used. The allocation of pension plan assets as of October 31, 2021 and 2020 is as follows: United States International 2021 2020 2021 2020 Asset Category Equity securities 13 % 11 % — % — % Debt securities 46 49 — — Insurance contracts — — 51 54 Pooled investment funds 41 39 48 44 Other — 1 1 2 Total 100 % 100 % 100 % 100 % Our investment objective for defined benefit plan assets is to meet the plans’ benefit obligations, while minimizing the potential for future required plan contributions. Our United States plans comprise 93 percent of the Company's worldwide pension assets. In general, the investment strategies focus on asset class diversification, liquidity to meet benefit payments and an appropriate balance of long-term investment return and risk. Target ranges for asset allocations are determined by dynamically matching the actuarial projections of the plans’ future liabilities and benefit payments with expected long-term rates of return on the assets, taking into account investment return volatility and correlations across asset classes. For 2021, the target in “return-seeking assets” is 30 percent and 70 percent in longer duration fixed income assets. Plan assets are diversified across multiple investment managers and are invested in liquid funds that are selected to track broad market indices. Investment risk is carefully controlled with plan assets rebalanced to target allocations on a periodic basis and continual monitoring of investment managers’ performance relative to the guidelines established with each investment manager. Our international plans comprise 7 percent of the Company's worldwide pension assets. Asset allocations are developed on a country-specific basis. Our investment strategy is to cover pension obligations with insurance contracts or to employ independent managers to invest the assets. The fair values of our pension plan assets at October 31, 2021 by asset category are in the table below: United States International Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Cash $ 1,467 $ 1,467 $ — $ — $ 519 $ 519 $ — $ — Money market funds 4,495 4,495 — — — — — — Equity securities: Basic materials 2,038 2,038 — — — — — — Consumer goods 4,360 4,360 — — — — — — Financial 3,753 3,753 — — — — — — Healthcare 4,864 4,864 — — — — — — Industrial goods 3,640 3,640 — — — — — — Technology 5,080 5,080 — — — — — — Utilities — — — — — — — — Mutual funds 52,319 52,319 — — — — — — Fixed income securities: U.S. Government 89,614 4,024 85,590 — — — — — Corporate 194,793 — 194,793 — — — — — Other 9,619 — 9,619 — — — — — Other types of investments: Insurance contracts — — — — 23,993 — — 23,993 Other 1,494 1,494 — — — — — — Total investments in the fair value hierarchy $ 377,536 $ 87,534 $ 290,002 $ — $ 24,512 $ 519 $ — $ 23,993 Investments measured at Net Asset Value: Real estate collective funds 44,056 — Pooled investment funds 217,997 22,762 Total Investments at Fair Value $ 639,589 $ 47,274 The fair values of our pension plan assets at October 31, 2020 by asset category are in the table below: United States International Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Cash $ 1,331 $ 1,331 $ — $ — $ 759 $ 759 $ — $ — Money market funds 5,059 5,059 — — — — — — Equity securities: Basic materials 1,750 1,750 — — — — — — Consumer goods 5,024 5,024 — — — — — — Financial 4,745 4,745 — — — — — — Healthcare 4,518 4,518 — — — — — — Industrial goods 3,588 3,588 — — — — — — Technology 5,706 5,706 — — — — — — Utilities 685 685 — — — — — — Mutual funds 24,266 24,266 — — — — — — Fixed income securities: U.S. Government 71,855 8,267 63,588 — — — — — Corporate 173,046 — 173,046 — — — — — Other 6,673 — 6,673 — — — — — Other types of investments: Insurance contracts — — — — 24,496 — — 24,496 Other 845 845 — — — — — — Total investments in the fair value hierarchy $ 309,091 $ 65,784 $ 243,307 $ — $ 25,255 $ 759 $ — $ 24,496 Investments measured at Net Asset Value: Real estate collective funds 38,996 — Pooled investment funds 162,163 20,221 Total Investments at Fair Value $ 510,250 $ 45,476 These investment funds did not own a significant number of shares of Nordson Corporation common stock for any year presented. The inputs and methodology used to measure fair value of plan assets are consistent with those described in Note 12. Following are the valuation methodologies used to measure these assets: • Money market funds - Money market funds are public investment vehicles that are valued with a net asset value of one dollar. This is a quoted price in an active market and is classified as Level 1. • Equity securities - Common stocks and mutual funds are valued at the closing price reported on the active market on which the individual securities are traded and are classified as Level 1. • Fixed income securities - U.S. Treasury bills reflect the closing price on the active market in which the securities are traded and are classified as Level 1. Securities of U.S. agencies are valued using bid evaluations and are classified as Level 2. Corporate fixed income securities are valued using evaluated prices, such as dealer quotes, bids and offers and are therefore classified as Level 2. • Insurance contracts - Insurance contracts are investments with various insurance companies. The contract value represents the best estimate of fair value. These contracts do not hold any specific assets. These investments are classified as Level 3. • Real estate collective funds – These funds are valued using the net asset value of the underlying properties. Net asset value is calculated using a combination of key inputs, such as revenue and expense growth rates, terminal capitalization rates and discount rates. • Pooled investment funds - These are public investment vehicles valued using the net asset value. The net asset value is based on the value of the assets owned by the plan, less liabilities. These investments are not quoted on an active exchange. The following tables present an analysis of changes during the years ended October 31, 2021 and 2020 in Level 3 plan assets, by plan asset class, for U.S. and international pension plans using significant unobservable inputs to measure fair value: Fair Value Measurements Insurance Beginning balance at October 31, 2020 $ 24,496 Actual return on plan assets: Purchases 1,441 Sales (541) Settlements (714) Unrealized losses (440) Foreign currency translation (249) Ending balance at October 31, 2021 $ 23,993 Fair Value Measurements Insurance Beginning balance at October 31, 2019 $ 21,245 Actual return on plan assets: Assets held, end of year 1,739 Purchases 2,462 Sales (1,495) Foreign currency translation 545 Ending balance at October 31, 2020 $ 24,496 Contributions to pension plans in 2022 are estimated to be approximately $4,121. Retiree pension benefit payments, which include expected future service, are anticipated to be paid as follows: Year United States International 2022 $ 20,460 $ 2,860 2023 21,953 2,826 2024 23,331 3,153 2025 25,088 3,395 2026 26,570 5,458 2026-2030 156,178 19,725 Other postretirement plans - We sponsor an unfunded postretirement health care benefit plan covering certain of our United States employees. Employees hired after January 1, 2002, are not eligible to participate in this plan. For eligible retirees under the age of 65 who enroll in the plan, the plan is contributory in nature, with retiree contributions in the form of premiums that are adjusted annually. For eligible retirees age 65 and older who enroll in the plan, the plan delivers a benefit in the form of a Health Reimbursement Account (HRA), which retirees use for eligible reimbursable expenses, including premiums paid for purchase of a Medicare supplement plan or other out-of-pocket medical expenses such as deductibles or co-pays. A reconciliation of the benefit obligations, accrued benefit cost and the amount recognized in financial statements for other postretirement plans is as follows: United States International 2021 2020 2021 2020 Change in benefit obligation: Benefit obligation at beginning of year $ 87,645 $ 88,660 $ 445 $ 454 Service cost 778 666 15 15 Interest cost 1,805 2,345 12 13 Participant contributions 722 611 — — Foreign currency exchange rate change — — 33 (5) Actuarial gain (2,799) (2,024) (83) (26) Benefits paid (2,861) (2,613) (6) (6) Benefit obligation at end of year $ 85,290 $ 87,645 $ 416 $ 445 Change in plan assets: Beginning fair value of plan assets $ — $ — $ — $ — Company contributions 2,139 2,002 6 6 Participant contributions 722 611 — — Benefits paid (2,861) (2,613) (6) (6) Ending fair value of plan assets $ — $ — $ — $ — Funded status at end of year $ (85,290) $ (87,645) $ (416) $ (445) Amounts recognized in financial statements: Accrued benefit liability $ (3,048) $ (2,835) $ (6) $ (6) Long-term postretirement obligations (82,242) (84,810) (410) (439) Total amount recognized in financial statements $ (85,290) $ (87,645) $ (416) $ (445) United States International 2021 2020 2021 2020 Amounts recognized in accumulated other comprehensive (gain) loss: Net actuarial (gain) loss $ 21,456 $ 25,614 $ (543) $ (466) Prior service credit — — — — Accumulated other comprehensive (gain) loss $ 21,456 $ 25,614 $ (543) $ (466) The following table summarizes the changes in accumulated other comprehensive (gain) loss: United States International 2021 2020 2021 2020 Balance at beginning of year $ 25,614 $ 28,976 $ (466) $ (482) Net gain arising during the year (2,799) (2,024) (83) (26) Net gain (loss) recognized during the year (1,359) (1,355) 41 36 Prior service credit recognized during the year — 17 — — Exchange rate effect during the year — — (35) 6 Balance at end of year $ 21,456 $ 25,614 $ (543) $ (466) Net postretirement benefit costs include the following components: United States International 2021 2020 2019 2021 2020 2019 Service cost $ 778 $ 666 $ 545 $ 15 $ 15 $ 16 Interest cost 1,805 2,345 2,984 12 13 19 Amortization of prior service credit — (17) (26) — — — Amortization of net actuarial (gain) loss 1,359 1,355 634 (41) (36) (28) Total benefit cost (credit) $ 3,942 $ 4,349 $ 4,137 $ (14) $ (8) $ 7 The components of net postretirement benefit cost other than service cost are included in Other – net in our Consolidated Statements of Income. The weighted average assumptions used in the valuation of postretirement benefits were as follows: United States International 2021 2020 2019 2021 2020 2019 Assumptions used to determine benefit obligations at October 31: Discount rate 2.98 % 2.84 % 3.27 % 3.43 % 2.94 % 3.03 % Health care cost trend rate 3.34 3.40 3.62 4.43 4.22 4.00 Rate to which health care cost trend rate is assumed to incline/decline (ultimate trend rate) 3.15 3.17 3.24 4.05 4.05 4.05 Year the rate reaches the ultimate trend rate 2031 2026 2026 2040 2040 2040 Assumption used to determine net benefit costs for the years ended October 31: Discount rate benefit obligation 2.84 % 3.27 % 4.56 % 2.94 % 3.03 % 3.88 % Discount rate service cost 3.44 3.61 4.77 3.00 3.05 3.90 Discount rate interest cost 2.08 2.79 4.18 2.60 2.88 3.80 The weighted average health care trend rates reflect expected increases in the Company’s portion of the obligation. Net actuarial gains or losses are amortized to expense on a plan-by-plan basis when they exceed the accounting corridor, which is set at 10 percent of the greater of the plan assets or benefit obligations. Gains or losses outside of the corridor are subject to amortization over an average employee future service period that differs by plan. If substantially all of the plan’s participants are no longer actively accruing benefits, the average life expectancy is used. Contributions to postretirement plans in 2022 are estimated to be approximately $3,054. Retiree postretirement benefit payments are anticipated to be paid as follows: Year United States International 2022 $ 3,048 $ 6 2023 3,227 6 2024 3,423 6 2025 3,593 6 2026 3,753 9 2026-2030 20,376 54

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Oct. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income taxes Income tax expense includes the following: 2021 2020 2019 Current: U.S. federal $ 41,983 $ 19,265 $ 40,012 State and local 4,429 984 3,429 Foreign 69,325 45,657 51,590 Total current 115,737 65,906 95,031 Deferred: U.S. federal 6,631 (10,143) 1,470 State and local 1,470 (1,023) 633 Foreign (4,030) (2,790) (3,121) Total deferred 4,071 (13,956) (1,018) $ 119,808 $ 51,950 $ 94,013 Earnings before income taxes of domestic operations, which are calculated after intercompany profit eliminations, were $287,409, $120,054 and $222,435 in 2021, 2020 and 2019, respectively. Our income tax provision for 2021 included a tax benefit of $5,982 due to our share-based payment transactions. Our income tax provision for 2020 included a tax benefit of $15,661 due to our share-based payment transactions. Income before taxes in 2020 included a non-cash, assets held for sale impairment charge of $87,371 related to our commitment to sell our screws and barrels product line within the Adhesives reporting unit under our Industrial Precision Solutions segment and the tax benefit of the impairment was $15,254. A portion of the impairment charge did not have related tax benefits. Our income tax provision for 2019 included a provisional tax benefit of $4,866 to reflect the adjustment to the provisional amounts recognized in 2018 due to changes in interpretations and assumptions and the finalization of estimates related to the U.S. Tax Cuts and Jobs Act (the "Act"). We are paying the transition tax in installments over the eight-year period allowable under the Act. The remaining transition tax is included in other long-term liabilities in the Consolidated Balance Sheet at October 31, 2021. Other provisions of the Act became effective for us in 2019. The Foreign-Derived Intangible Income provision generates a deduction against our U.S. taxable income for U.S. earnings derived offshore that utilize intangibles held in the U.S. Conversely, the Global Intangible Low-Taxed Income (“GILTI”) provision requires us to be subject to U.S. taxation on a portion of our foreign subsidiary earnings that exceed an allowable return. We elected to treat any GILTI inclusion as a period expense in the year incurred. A reconciliation of the U.S. statutory federal rate to the worldwide consolidated effective tax rate follows: 2021 2020 2019 Statutory federal income tax rate 21.00 % 21.00 % 21.00 % Transition tax — — 1.46 Share-based and other compensation (0.30) (4.15) (0.55) Foreign tax rate variances, net of foreign tax credits 0.92 1.51 1.16 State and local taxes, net of federal income tax benefit 0.81 (0.01) 0.74 Amounts related to prior years (0.18) (0.04) (0.55) Foreign-Derived Intangible Income Deduction (1.19) (0.95) (1.51) Global Intangible Low-Taxed Income net of foreign tax credits 0.44 0.97 0.85 Other – net (0.63) (1.10) (0.79) Effective tax rate 20.87 % 17.23 % 21.81 % Earnings before income taxes of international operations, which are calculated before intercompany profit elimination entries, were $286,767, $181,435 and $208,669 in 2021, 2020 and 2019, respectively. Deferred income taxes are not provided on undistributed earnings of international subsidiaries that are intended to be permanently invested in their operations. These undistributed earnings represent the post-income tax earnings under U.S. GAAP not adjusted for previously taxed income which aggregated approximately $1,255,112 and $1,045,389 at October 31, 2021 and 2020, respectively. Should these earnings be distributed, applicable foreign tax credits, distributions of previously taxed income, and utilization of other attributes would substantially offset taxes due upon the distribution. It is not practical to estimate the amount of additional taxes that might be payable on these basis differences because of the multiple methods by which these differences could reverse and the impact of withholding, U.S. state and local taxes and currency translation considerations. At October 31, 2021 and 2020, total unrecognized tax benefits were $3,720 and $6,717, respectively. The amounts that, if recognized, would impact the effective tax rate were $3,567 and $5,998 at October 31, 2021 and 2020, respectively. During 2021, unrecognized tax benefits related primarily to domestic positions and, as recognized, a substantial portion of the gross unrecognized tax benefits were offset against assets recorded in the Consolidated Balance Sheet. A reconciliation of the beginning and ending amount of unrecognized tax benefits for 2021, 2020 and 2019 is as follows: 2021 2020 2019 Balance at beginning of year $ 6,717 $ 2,909 $ 2,891 Additions based on tax positions related to the current year 370 370 370 Additions for tax positions of prior years — 4,068 547 Reductions for tax positions of prior years (350) — — Settlements — (137) — Lapse of statute of limitations (3,017) (493) (899) Balance at end of year $ 3,720 $ 6,717 $ 2,909 At October 31, 2021 and 2020, we had accrued interest and penalty expense related to unrecognized tax benefits of $859 and $2,179, respectively. We include interest accrued related to unrecognized tax benefits in interest expense. Penalties, if incurred, would be recognized as other income (expense). We are subject to United States Federal income tax as well as income taxes in numerous state and foreign jurisdictions. We are subject to examination in the U.S. by the Internal Revenue Service (IRS) for the 2018 through 2021 tax years; tax years prior to the 2018 year are closed to further examination by the IRS. Generally, major state and foreign jurisdiction tax years remain open to examination for tax years after 2015. Within the next twelve months, it is reasonably possible that certain statute of limitations periods would expire, which could result in a minimal decrease in our unrecognized tax benefits. Significant components of deferred tax assets and liabilities are as follows: 2021 2020 Deferred tax assets: Employee benefits $ 39,798 $ 70,838 Other accruals not currently deductible for taxes 17,499 16,207 Tax credit and loss carryforwards 19,269 20,268 Inventory adjustments 6,924 8,757 Total deferred tax assets 83,490 116,070 Valuation allowance (14,141) (22,233) Total deferred tax assets 69,349 93,837 Deferred tax liabilities: Depreciation and amortization 145,494 150,591 Other - net 941 410 Total deferred tax liabilities 146,435 151,001 Net deferred tax liabilities $ (77,086) $ (57,164) At October 31, 2021, we had $11,128 of tax credit carryforwards, $3,543 of which expires in 2028-2031 and $7,585 of which has an indefinite carryforward period. We also had $34,680 of state operating loss carryforwards, $19,525 of foreign operating loss carryforwards, and a $20,149 capital loss carryforward, of which $57,758 will expire in 2022 through 2039, and $16,596 of which has an indefinite carryforward period. The net change in the valuation allowance was a decrease of $8,092 in 2021 and an increase of $6,932 in 2020. The valuation allowance of $14,141 at October 31, 2021, related primarily to tax credits and loss carryforwards that may expire before being realized. We continue to assess the need for valuation allowances against deferred tax assets based on determinations of whether it is more likely than not that deferred tax benefits will be realized.

Bank Lines of Credit

Bank Lines of Credit	12 Months Ended
Bank Lines of Credit	Oct. 31, 2021
Debt Disclosure [Abstract]
Bank Lines of Credit	Bank lines of credit Bank lines of credit are summarized as follows: 2021 2020 Maximum borrowings available under bank lines of credit (all foreign banks) $ 60,627 $ 74,766 Unused bank lines of credit $ 57,082 $ 74,766

Long-Term Debt

Long-Term Debt	12 Months Ended
Long-Term Debt	Oct. 31, 2021
Debt Disclosure [Abstract]
Long-Term Debt	Long-term debt A summary of long-term debt is as follows: 2021 2020 Notes Payable $ 3,545 $ — Senior notes, due 2022-2025 79,000 109,900 Senior notes, due 2022-2027 78,572 85,714 Senior notes, due 2023-2030 350,000 350,000 Term loan — 255,000 Euro loan, due 2023 306,358 308,642 817,475 1,109,256 Less current maturities 34,188 38,043 Less unamortized debt issuance costs 1,578 3,261 Long-term maturities $ 781,709 $ 1,067,952 Revolving credit agreement — In April 2019, we entered into a $850,000 unsecured multi-currency credit facility with a group of banks, which amended, restated and extended our existing syndicated revolving credit agreement that was scheduled to expire in February 2020. This facility has a five-year term and includes a $75,000 subfacility for swing-line loans. It expires in April 2024. At October 31, 2021 and October 31, 2020, we had no balances outstanding under this facility. Senior notes, due 2022-2025 — These unsecured fixed-rate notes entered into in 2012 with a group of insurance companies had a remaining weighted-average life of 1.95 years. The weighted-average interest rate at October 31, 2021 was 3.10 percent. Senior notes, due 2022-2027 — These unsecured fixed-rate notes entered into in 2015 with a group of insurance companies had a remaining weighted-average life of 3.20 years. The weighted-average interest rate at October 31, 2021 was 3.08 percent. Senior notes, due 2023-2030 — These unsecured fixed-rate notes entered in 2018 with a group of insurance companies had a remaining weighted-average life of 4.04 years. The weighted-average interest rate at October 31, 2021 was 3.90 percent. Term loan — In April 2019, we amended, restated and extended the term of our existing $605,000 term loan facility with a group of banks. The interest rate is variable based upon the LIBOR rate. At October 31, 2021, there were no outstanding loans under this facility. Euro loan, due 2023 — In March 2020 we amended, restated and extended the term of our existing term loan facility with Bank of America Merrill Lynch International Limited. The interest rate is variable based on the EURIBOR rate. The term loan facility provides for the following term loans due in two tranches: €115,000 is due in March 2023 and an additional €150,000 that was drawn down in March 2020 is due in March 2023. The weighted average interest rate at October 31, 2021 was 0.71 percent. We were in compliance with all covenants at October 31, 2021 and the amount we could borrow would not have been limited by any debt covenants. Annual maturities — The annual maturities of long-term debt for the five years subsequent to October 31, 2021, are as follows: $30,643 in 2022; $437,001 in 2023; $110,643 in 2024; $85,643 in 2025 and $50,000 in 2026.

Leases

Leases	12 Months Ended
Leases	Oct. 31, 2021
Leases [Abstract]
Leases	Leases We review new contracts to determine if the contracts include a lease. To the extent a lease agreement includes an extension option that is reasonably certain to be exercised, we have recognized those amounts as part of the right-of-use assets and lease liabilities. We combine lease and non-lease components, such as common area maintenance, in the calculation of the lease assets and related liabilities. As most lease agreements do not provide an implicit rate, we use an incremental borrowing rate (IBR) based on information available at the lease commencement date in determining the present value of lease payments and to help classify the lease as operating or financing. We calculate the IBR based on a bond yield curve which considers secured borrowing rates based on our credit rating and current economic environment, as well as other publicly available data. We lease certain manufacturing facilities, warehouse space, machinery and equipment, and vehicles. We often have options to renew lease terms for buildings and other assets. We evaluate renewal and termination options at the lease commencement date to determine if we are reasonably certain to exercise the option on the basis of economic factors. Leases with an initial term of 12 months or less (short-term leases) are not recorded on the Consolidated Balance Sheet. Lease expense for operating leases is recognized on a straight-line basis over the lease term, with variable lease payments recognized in the period those payments occur. Variable payments for leases primarily relate to future rates or amounts, miles, or other quantifiable usage factors which are not determinable at the time the lease agreement commences. Finance lease assets are recorded in Property, plant, and equipment – net on the Consolidated Balance Sheet with related amortization recorded in depreciation expense on the Consolidated Statement of Cash Flows. As of October 31, 2021, we had no material leases that had yet to commence. Additional lease information is summarized below for the twelve months ended October 31: October 31, 2021 October 31, 2020 Finance Leases Operating Leases Finance Leases Operating Leases Amortization of right of use assets $ 6,929 $ 7,087 Interest 373 350 Lease cost (1) 7,302 $ 20,176 7,437 $ 21,489 Short-term and variable lease cost (1) 1,445 2,938 1,478 3,011 Total lease cost $ 8,747 $ 23,114 $ 8,915 $ 24,500 (1) Lease costs are recorded in both Cost of sales and Selling and administrative expenses on the Consolidated Statements of Income. Supplemental cash flow information is summarized below for the twelve months ended October 31, 2021: Finance Leases Operating Leases Cash outflows for leases $ 6,624 $ 20,231 Weighted average remaining lease term (years) 8.29 9.88 Weighted average discount rate 2.13% 1.68% The following table reconciles the undiscounted cash flows for five years and thereafter to the operating and finance lease liabilities recognized on the Consolidated Balance Sheet as of October 31, 2021. The reconciliation excludes short-term leases that are not recognized on the Consolidated Balance Sheet. Year: Finance Leases Operating Leases 2022 $ 6,162 $ 18,942 2023 4,454 16,071 2024 2,498 13,825 2025 1,449 11,717 2026 1,063 11,073 Later years 7,527 54,562 Total minimum lease payments 23,153 126,190 Amounts representing interest 2,410 11,283 Present value of minimum lease payments $ 20,743 $ 114,907 Rental expense for operating leases during the fiscal years ended October 31, 2021, 2020 and 2019 was $20,618, $22,061 and $19,131, respectively. Capitalized net finance leases included in property, plant and equipment during the fiscal years ended October 31, 2021 and October 31, 2020 was $19,745 and $15,659, respectively.
Leases	Leases We review new contracts to determine if the contracts include a lease. To the extent a lease agreement includes an extension option that is reasonably certain to be exercised, we have recognized those amounts as part of the right-of-use assets and lease liabilities. We combine lease and non-lease components, such as common area maintenance, in the calculation of the lease assets and related liabilities. As most lease agreements do not provide an implicit rate, we use an incremental borrowing rate (IBR) based on information available at the lease commencement date in determining the present value of lease payments and to help classify the lease as operating or financing. We calculate the IBR based on a bond yield curve which considers secured borrowing rates based on our credit rating and current economic environment, as well as other publicly available data. We lease certain manufacturing facilities, warehouse space, machinery and equipment, and vehicles. We often have options to renew lease terms for buildings and other assets. We evaluate renewal and termination options at the lease commencement date to determine if we are reasonably certain to exercise the option on the basis of economic factors. Leases with an initial term of 12 months or less (short-term leases) are not recorded on the Consolidated Balance Sheet. Lease expense for operating leases is recognized on a straight-line basis over the lease term, with variable lease payments recognized in the period those payments occur. Variable payments for leases primarily relate to future rates or amounts, miles, or other quantifiable usage factors which are not determinable at the time the lease agreement commences. Finance lease assets are recorded in Property, plant, and equipment – net on the Consolidated Balance Sheet with related amortization recorded in depreciation expense on the Consolidated Statement of Cash Flows. As of October 31, 2021, we had no material leases that had yet to commence. Additional lease information is summarized below for the twelve months ended October 31: October 31, 2021 October 31, 2020 Finance Leases Operating Leases Finance Leases Operating Leases Amortization of right of use assets $ 6,929 $ 7,087 Interest 373 350 Lease cost (1) 7,302 $ 20,176 7,437 $ 21,489 Short-term and variable lease cost (1) 1,445 2,938 1,478 3,011 Total lease cost $ 8,747 $ 23,114 $ 8,915 $ 24,500 (1) Lease costs are recorded in both Cost of sales and Selling and administrative expenses on the Consolidated Statements of Income. Supplemental cash flow information is summarized below for the twelve months ended October 31, 2021: Finance Leases Operating Leases Cash outflows for leases $ 6,624 $ 20,231 Weighted average remaining lease term (years) 8.29 9.88 Weighted average discount rate 2.13% 1.68% The following table reconciles the undiscounted cash flows for five years and thereafter to the operating and finance lease liabilities recognized on the Consolidated Balance Sheet as of October 31, 2021. The reconciliation excludes short-term leases that are not recognized on the Consolidated Balance Sheet. Year: Finance Leases Operating Leases 2022 $ 6,162 $ 18,942 2023 4,454 16,071 2024 2,498 13,825 2025 1,449 11,717 2026 1,063 11,073 Later years 7,527 54,562 Total minimum lease payments 23,153 126,190 Amounts representing interest 2,410 11,283 Present value of minimum lease payments $ 20,743 $ 114,907 Rental expense for operating leases during the fiscal years ended October 31, 2021, 2020 and 2019 was $20,618, $22,061 and $19,131, respectively. Capitalized net finance leases included in property, plant and equipment during the fiscal years ended October 31, 2021 and October 31, 2020 was $19,745 and $15,659, respectively.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
Fair Value Measurements	Oct. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair value measurements The inputs to the valuation techniques used to measure fair value are classified into the following categories: Level 1: Quoted market prices in active markets for identical assets or liabilities. Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs that are not corroborated by market data. The following tables present the classification of our assets and liabilities measured at fair value on a recurring basis: October 31, 2021 Total Level 1 Level 2 Level 3 Assets: Foreign currency forward contracts (a) $ 2,755 $ — $ 2,755 $ — Total assets at fair value $ 2,755 $ — $ 2,755 $ — Liabilities: Deferred compensation plans (b) $ 9,115 $ — $ 9,115 $ — Foreign currency forward contracts (a) 4,507 — 4,507 — Total liabilities at fair value $ 13,622 $ — $ 13,622 $ — October 31, 2020 Total Level 1 Level 2 Level 3 Assets: Foreign currency forward contracts (a) $ 2,700 $ — $ 2,700 $ — Total assets at fair value $ 2,700 $ — $ 2,700 $ — Liabilities: Deferred compensation plans (b) $ 12,304 $ — $ 12,304 $ — Foreign currency forward contracts (a) 5,937 — 5,937 — Total liabilities at fair value $ 18,241 $ — $ 18,241 $ — (a) We enter into foreign currency forward contracts to reduce the risk of foreign currency exposures resulting from receivables, payables, intercompany receivables, intercompany payables and loans denominated in foreign currencies. Foreign exchange contracts are valued using market exchange rates. These foreign exchange contracts are not designated as hedges. (b) Executive officers and other highly compensated employees may defer up to 100 percent of their salary and annual cash incentive compensation and for executive officers, up to 90 percent of their long-term incentive compensation, into various non-qualified deferred compensation plans. Deferrals can be allocated to various market performance measurement funds. Changes in the value of compensation deferred under these plans are recognized each period based on the fair value of the underlying measurement funds. Fair value disclosures related to goodwill and indefinite-lived intangible assets are disclosed in Note 6. The carrying amounts and fair values of financial instruments, other than cash and cash equivalents, receivables, and accounts payable, are shown in the table below. The carrying values of cash and cash equivalents, receivables and accounts payable approximate fair value due to the short-term nature of these instruments. 2021 2020 Carrying Fair Value Carrying Fair Value Long-term debt (including current portion) $ 812,352 $ 855,376 $ 1,105,995 $ 1,170,073 We used the following methods and assumptions in estimating the fair value of financial instruments: • Long-term debt is valued by discounting future cash flows at currently available rates for borrowing arrangements with similar terms and conditions, which are considered to be Level 2 inputs under the fair value hierarchy. The carrying amount of long-term debt is shown net of unamortized debt issuance costs as described in Note 10.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
Derivative Financial Instruments	Oct. 31, 2021
Investments, All Other Investments [Abstract]
Derivative Financial Instruments	Derivative financial instruments We operate internationally and enter into intercompany transactions denominated in foreign currencies. Consequently, we are subject to market risk arising from exchange rate movements between the dates foreign currency transactions occur and the dates they are settled. We regularly use foreign currency forward contracts to reduce our risks related to most of these transactions. These contracts usually have maturities of 90 days or less and generally require us to exchange foreign currencies for U.S. dollars at maturity, at rates stated in the contracts. These contracts are not designated as hedging instruments under U.S. GAAP. Accordingly, the changes in the fair value of the foreign currency forward contracts are recognized in each accounting period in “Other – net” on the Consolidated Statement of Income together with the transaction gain or loss from the related balance sheet position. In 2021, we recognized net gains of $1,485 on foreign currency forward contracts and net losses of $7,411 from the change in fair value of balance sheet positions. In 2020, we recognized net losses of $5,899 on foreign currency forward contracts and net gains of $4,367 from the change in fair value of balance sheet positions. In 2019, we recognized net gains of $2,373 on foreign currency forward contracts and net losses of $2,231 from the change in fair value of balance sheet positions. The fair values of our foreign currency forward contract assets and liabilities are included in Receivables-net and Accrued liabilities, respectively in the Consolidated Balance Sheets. The following table summarizes, by currency, the contracts outstanding at October 31, 2021 and 2020: Notional Amounts Sell Buy October 31, 2021 contract amounts: Euro $ 100,922 $ 325,581 Pound sterling 50,333 79,934 Japanese yen 14,338 45,436 Australian dollar 709 10,088 Hong Kong dollar 6,948 44,831 Singapore dollar 200 18,029 Others 16,367 86,492 Total $ 189,817 $ 610,391 October 31, 2020 contract amounts: Euro $ 127,849 $ 259,510 Pound sterling 36,943 71,380 Japanese yen 23,262 41,133 Australian dollar 179 9,084 Hong Kong dollar 59,459 81,199 Singapore dollar 1,102 17,350 Others 6,985 73,310 Total $ 255,779 $ 552,966 We are exposed to credit-related losses in the event of nonperformance by counterparties to financial instruments. These financial instruments include cash deposits and foreign currency forward contracts. We periodically monitor the credit ratings of these counterparties in order to minimize our exposure. Our customers represent a wide variety of industries and geographic regions. As of October 31, 2021 and 2020, there were no significant concentrations of credit risk.

Capital Shares

Capital Shares	12 Months Ended
Capital Shares	Oct. 31, 2021
Equity [Abstract]
Capital Shares	Capital shares Preferred — We have authorized 10,000 Series A convertible preferred shares without par value. No preferred shares were outstanding in 2021, 2020 or 2019. Common — We have 160,000 authorized common shares without par value. At October 31, 2021 and 2020, there were 98,023 common shares issued. At October 31, 2021 and 2020, the number of outstanding common shares, net of treasury shares, was 58,154 and 58,081, respectively. Common shares repurchased as part of publicly announced programs during 2021, 2020 and 2019 were as follows: Year Number Total Average 2021 262 55,033 $ 209.97 2020 303 38,138 $ 125.70 2019 949 114,790 $ 121.01 These amounts exclude share repurchases associated with employee equity award exercises and vesting.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
Stock-Based Compensation	Oct. 31, 2021
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-based compensationDuring the 2021 Annual Meeting of Shareholders, our shareholders approved the Nordson Corporation 2021 Stock Incentive and Award Plan (the “2021 Plan”) as the successor to the Amended and Restated 2012 Stock Incentive and Award Plan (the "2012 Plan"). The 2021 plan provides for the granting of stock options, stock appreciation rights, restricted shares, restricted share units, performance shares, cash awards and other stock or performance-based incentives. A maximum of 900 common shares were authorized for grant under the 2021 Plan plus the number of shares that were available to be granted under the 2012 Plan. As of October 31, 2021, a total of 2,253 common shares were available to be granted under the 2021 Plan. Stock options — Nonqualified or incentive stock options may be granted to our employees and directors. Generally, options granted to employees may be exercised beginning one year from the date of grant at a rate not exceeding 25 percent per year and expire 10 years from the date of grant. Vesting accelerates upon a qualified termination in connection with a change in control. In the event of termination of employment due to early retirement or normal retirement at age 65, options granted within 12 months prior to termination are forfeited, and vesting continues post retirement for all other unvested options granted. In the event of disability or death, all unvested stock options granted within 12 months prior to termination fully vest. Termination for any other reason results in forfeiture of unvested options and vested options in certain circumstances. The amortized cost of options is accelerated if the retirement eligibility date occurs before the normal vesting date. Option exercises are satisfied through the issuance of treasury shares on a first-in, first-out basis. We recognized compensation expense related to stock options of $6,946, $10,087 and $10,067 for 2021, 2020 and 2019, respectively. The following table summarizes activity related to stock options during 2021: Number of Weighted˗Average Aggregate Weighted˗Average Outstanding at October 31, 2020 1,487 $ 122.45 Granted 93 $ 201.43 Exercised (298) $ 107.14 Forfeited or expired (47) $ 152.52 Outstanding at October 31, 2021 1,235 $ 130.93 $ 152,304 6.1 years Expected to vest 561 $ 155.55 $ 55,335 7.3 years Exercisable at October 31, 2021 671 $ 110.21 $ 96,638 5.0 years Summarized information on currently outstanding options follows: Range of Exercise Price $43 - $90 $91 - $140 $141 - $201 Number outstanding 204 626 405 Weighted-average remaining contractual life, in years 3.1 6.3 8.3 Weighted-average exercise price $ 71.82 $ 122.31 $ 174.09 Number exercisable 204 399 68 Weighted-average exercise price $ 71.82 $ 120.24 $ 167.15 As of October 31, 2021, there was $8,003 of total unrecognized compensation cost related to unvested stock options. That cost is expected to be amortized over a weighted average period of approximately 1.1 years. The fair value of each option grant was estimated at the date of the grant using the Black-Scholes option-pricing model with the following assumptions: 2021 2020 2019 Expected volatility 30.8%-32.6% 24.5%-30.5% 24.1%-24.5% Expected dividend yield 0.83%-0.85% 0.87%-1.16% 1.04% Risk-free interest rate 0.43%-0.77% 0.44%-1.69% 2.84%-2.95% Expected life of the option (in years) 5.3-6.2 5.3-6.3 5.3-6.2 The weighted-average expected volatility used to value options granted in 2021, 2020 and 2019 was 31.0 percent, 25.4 percent and 24.3 percent, respectively. Historical information was the primary basis for the selection of the expected volatility, expected dividend yield and the expected lives of the options. The risk-free interest rate was selected based upon yields of United States Treasury issues with terms equal to the expected life of the option being valued. The weighted average grant date fair value of stock options granted during 2021, 2020 and 2019 was $56.02, $38.57 and $31.74, respectively. The total intrinsic value of options exercised during 2021, 2020 and 2019 was $32,791, $65,783 and $31,881, respectively. Cash received from the exercise of stock options for 2021, 2020 and 2019 was $31,780, $50,853 and $26,020, respectively. Restricted shares and restricted share units — We may grant restricted shares and/or restricted share units to our employees and directors. These shares or units may not be transferred for a designated period of time (generally one . We may also grant continuation awards in the form of restricted share units with cliff vesting and a gateway performance measure that must be achieved for the restricted share units to vest. For employee recipients, in the event of termination of employment due to early retirement, with consent of the Company, restricted shares and units granted within 12 months prior to termination are forfeited, and other restricted shares and units vest on a pro-rata basis, subject to the consent of the Compensation Committee. In the event of termination of employment due to normal retirement at age 65, restricted shares and units granted within 12 months prior to termination are forfeited, and, for other restricted shares and units, the restriction period applicable to restricted shares will lapse and the shares will vest and be transferable and all unvested units will become vested in full, subject to the consent of the Compensation Committee. In the event of a recipient's disability or death, all restricted shares and units granted within 12 months prior to termination fully vest. Termination for any other reason prior to the lapse of any restrictions or vesting of units results in forfeiture of the shares or units. For non-employee directors, all restrictions lapse in the event of disability or death of the non-employee director. Termination of service as a director for any other reason within one year of date of grant results in a pro-rata vesting of shares or units. As shares or units are issued, deferred stock-based compensation equivalent to the fair market value on the date of grant is expensed over the vesting period. The following table summarizes activity related to restricted shares during 2021: Number of Weighted˗Average Restricted at October 31, 2020 58 $ 148.75 Granted — $ — Forfeited (6) $ 162.94 Vested (33) $ 141.32 Restricted at October 31, 2021 19 $ 157.36 As of October 31, 2021, there was $1,409 of unrecognized compensation cost related to restricted shares. The cost is expected to be amortized over a weighted average period of 0.7 years. The amount charged to expense related to restricted shares was $2,054, $3,956 and $3,608 in 2021, 2020 and 2019, respectively. These amounts included common share dividends of $43, $87 and $84 in 2021, 2020 and 2019, respectively. The following table summarizes activity related to restricted share units in 2021: Number of Weighted˗Average Grant Date Fair Restricted share units at October 31, 2020 — $ — Granted 87 $ 202.41 Forfeited (14) $ 202.06 Vested (6) $ 198.58 Restricted share units at October 31, 2021 67 $ 202.81 As of October 31, 2021, there was $8,573 of remaining expense to be recognized related to outstanding restricted share units, which is expected to be recognized over a weighted average period of 0.9 years. The amounts charged to expense related to restricted share units in 2021, 2020 and 2019 were $6,264, $1,181 and $1,052, respectively. Restricted share unit expense increased in 2021 compared to prior years as the granting of restricted share units has generally replaced the granting of stock options for key employees. Performance share incentive awards — Executive officers and selected other key employees are eligible to receive common share-based incentive awards. Payouts, in the form of unrestricted common shares, vary based on the degree to which corporate financial performance exceeds predetermined threshold, target and maximum performance goals over three-year performance periods. No payout will occur unless threshold performance is achieved . The amount of compensation expense is based upon current performance projections and the percentage of the requisite service that has been rendered. The calculations are based upon the grant date fair value which is principally driven by the stock price on the date of grant or a Monte Carlo valuation for awards granted in 2021. The per share values were $202.05 for 2021; $201.50 modified per share value compared to original per share values of $160.02, $133.01 and $184.04 for 2020; and $120.12 and $138.53 for 2019. The amount charged to expense for executive officers and selected other key employees in 2021 was $7,178. The amount credited to expense in 2020 was $2,732 and the amount charged to expense in 2019 was $2,989. The cumulative amount recorded in shareholders’ equity at October 31, 2021 and 2020 was $7,015 and $1,557, respectively. As of October 31, 2021, there was $15,271 of unrecognized compensation cost related to performance share incentive awards. Deferred compensation — Our executive officers and other highly compensated employees may elect to defer up to 100 percent of their base pay and cash incentive compensation and, for executive officers, up to 90 percent of their share-based performance incentive award payout each year. Additional share units are credited for quarterly dividends paid on our common shares. Expense related to dividends paid under this plan was $96, $276 and $300 for 2021, 2020 and 2019, respectively . Deferred directors’ compensation — Non-employee directors may defer all or part of their cash and equity-based compensation until retirement. Cash compensation may be deferred as cash or as share equivalent units. Deferred cash amounts are recorded as liabilities, and share equivalent units are recorded as equity. Additional share equivalent units are earned when common share dividends are declared. The following table summarizes activity related to director deferred compensation share equivalent units during 2021: Number of Weighted˗Average Outstanding at October 31, 2020 120 $ 60.81 Restricted stock units vested 4 $ 199.36 Dividend equivalents 1 $ 215.03 Distributions (19) $ 58.86 Outstanding at October 31, 2021 106 $ 68.11 The amount charged to expense related to director deferred compensation was $262, $175 and $154 in 2021, 2020 and 2019, respectively. Shares reserved for future issuance — At October 31, 2021, there were 1,835 of common shares reserved for future issuance through the exercise of outstanding options or rights .

Operating Segments and Geograph

Operating Segments and Geographic Area Data	12 Months Ended
Operating Segments and Geographic Area Data	Oct. 31, 2021
Segment Reporting [Abstract]
Operating Segments and Geographic Area Data	Operating segments and geographic area data We conduct business in two primary operating segments: Industrial Precision Solutions and Advanced Technology Solutions. The composition of segments and measure of segment profitability is consistent with that used by our chief operating decision maker. The primary measure used by the chief operating decision maker for purposes of making decisions about allocating resources to the segments and assessing performance is operating profit, which equals sales less cost of sales and certain operating expenses. Items below the operating profit line of the Consolidated Statement of Income (interest and investment income, interest expense and other income/expense) are excluded from the measure of segment profitability reviewed by our chief operating decision maker and are not presented by operating segment. The accounting policies of the segments are generally the same as those described in Note 1, Significant Accounting Policies. Effective in the second quarter of 2020, we made changes to realign our management team and our operating segments. This realignment will enable us to better serve global customers and markets, to more efficiently leverage technology synergies, to operate divisions of significant size in a consistent and focused way and to position ourselves for our next chapter of profitable growth. The revised operating segments better reflect how we manage the Company, allocate resources, and assess performance of the businesses. We realigned our former three operating segments into two: Industrial Precision Solutions and Advanced Technology Solutions. Existing product lines were unchanged as part of this new structure. Industrial Precision Solutions: This segment combines our former Adhesive Dispensing Systems (ADS) and Industrial Coating Systems (ICS) businesses. IPS enhances the technology synergies between ADS and ICS to deliver proprietary dispensing and processing technology to diverse end markets. Product lines reduce material consumption, increase line efficiency and enhance product brand and appearance. Components are used for dispensing adhesives, coatings, paint, finishes, sealants and other materials. This segment primarily serves the industrial, consumer durables and non-durables markets. Advanced Technology Solutions: This segment integrates our proprietary product technologies found in progressive stages of a customer’s production processes, such as surface treatment, precisely controlled dispensing of material and post-dispense test and inspection to ensure quality. Related single-use plastic molded syringes, cartridges, tips, fluid connection components, tubing, balloons and catheters are used to dispense or control fluids in production processes or within customers’ end products. This segment predominantly serves customers in the electronics, medical and related high-tech industrial markets. The financial information presented herein reflects the impact of the preceding changes and prior periods have been revised to reflect these changes. No single customer accounted for 10 percent or more of sales in 2021, 2020 or 2019. The following table presents information about our reportable segments: Industrial Precision Solutions Advanced Technology Solutions Corporate Total Year ended October 31, 2021 Net external sales $ 1,246,947 $ 1,115,262 $ — $ 2,362,209 Depreciation and amortization 25,673 68,426 9,784 103,883 Operating profit (loss) 414,192 271,660 (70,725) 615,127 Identifiable assets (b) 898,051 1,902,637 967,796 (a) 3,768,484 Property, plant and equipment expenditures 9,009 23,064 6,230 38,303 Year ended October 31, 2020 Net external sales $ 1,143,423 $ 977,677 $ — $ 2,121,100 Depreciation and amortization 38,939 64,543 9,820 113,302 Operating profit (loss) 208,028 191,602 (50,085) 349,545 Identifiable assets (b) 882,946 1,849,391 948,048 (a) 3,680,385 Property, plant and equipment expenditures 18,545 31,520 470 50,535 Year ended October 31, 2019 Net external sales $ 1,208,376 $ 985,850 $ — $ 2,194,226 Depreciation and amortization 38,333 62,836 9,075 110,244 Operating profit (loss) 329,054 205,609 (51,550) 483,113 Identifiable assets (b) 997,460 1,740,259 782,188 (a) 3,519,907 Property, plant and equipment expenditures 30,400 26,010 7,834 64,244 (a) Corporate assets are principally cash and cash equivalents, deferred income taxes, leases, headquarter facilities, the major portion of our enterprise management system, and intangible assets. Includes assets held for sale in 2020, see Note 4. (b) Operating segment identifiable assets include notes and accounts receivable net of allowance for doubtful accounts, inventories net of reserves, property, plant and equipment net of accumulated depreciation and goodwill. We have significant sales and long-lived assets in the following geographic areas: 2021 2020 2019 Net external sales United States $ 789,303 $ 755,642 $ 758,383 Americas 179,807 141,473 167,661 Europe 617,492 536,636 571,596 Japan 107,572 126,601 126,756 Asia Pacific 668,035 560,748 569,830 Total net external sales $ 2,362,209 $ 2,121,100 $ 2,194,226 Long-lived assets United States $ 311,254 $ 329,390 $ 286,894 Americas 11,624 2,307 1,948 Europe 67,776 69,854 44,041 Japan 18,318 22,733 6,169 Asia Pacific 57,444 56,459 59,843 Total long-lived assets $ 466,416 $ 480,743 $ 398,895 Long-lived assets includes property, plant and equipment - net and operating right of use lease assets, which were recorded as a result of the new lease standard as codified in ASC 842 and excludes amounts held for sale in 2020, see Note 4. The increase in 2020 was driven primarily by the recording of the operating right of use lease assets. A reconciliation of total segment operating profit to total consolidated income before income taxes is as follows: 2021 2020 2019 Total profit for reportable segments $ 615,127 $ 349,545 $ 483,113 Interest expense (25,491) (32,160) (47,145) Interest and investment income 2,150 1,681 1,844 Other-net (17,610) (17,577) (6,708) Income before income taxes $ 574,176 $ 301,489 $ 431,104 A reconciliation of total assets for reportable segments to total consolidated assets is as follows: 2021 2020 2019 Total identifiable assets for reportable segments $ 3,768,484 $ 3,680,385 $ 3,519,907 Customer advance payments 77,868 42,323 41,131 Eliminations (55,391) (48,052) (44,591) Total consolidated assets $ 3,790,961 $ 3,674,656 $ 3,516,447

Supplemental Information for th

Supplemental Information for the Statement of Cash Flows	12 Months Ended
Supplemental Information for the Statement of Cash Flows	Oct. 31, 2021
Cash and Cash Equivalents [Abstract]
Supplemental Information for the Statement of Cash Flows	Supplemental information for the statement of cash flows 2021 2020 2019 Cash operating activities: Interest paid $ 27,122 $ 31,095 $ 50,578 Income taxes paid 106,942 80,849 104,326

Contingencies

Contingencies	12 Months Ended
Contingencies	Oct. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies We are involved in pending or potential litigation regarding environmental, product liability, patent, contract, employee and other matters arising from the normal course of business. Including the litigation and environmental matters discussed below, after consultation with legal counsel, we do not believe that losses in excess of the amounts we have accrued would have a material adverse effect on our financial condition, quarterly or annual operating results or cash flows. Class Action Litigation On February 22, 2019, a former employee, Mr. Ortiz, filed a purported class action lawsuit in the San Diego County Superior Court, California, against Nordson Asymtek, Inc. and Nordson Corporation, alleging various violations of the California Labor Code. Plaintiff seeks, among other things, an unspecified amount for unpaid wages, actual, consequential and incidental losses, penalties, and attorneys’ fees and costs . Following mediation in June 2020, the parties agreed to settle the lawsuit, subject to the execution of a written settlement agreement and court approval. In November 2021, we received final court approval of the settlement on the previously agreed upon terms. Management believes, based on currently available information, that the ultimate outcome of the proceeding described above will not have a material adverse effect on our financial condition or results of operations. Environmental We have voluntarily agreed with the City of New Richmond, Wisconsin and other Potentially Responsible Parties to share costs associated with the remediation of the City of New Richmond municipal landfill (the “Site”) and the construction of a potable water delivery system serving the impacted area down gradient of the Site. At October 31, 2021 and October 31, 2020, our accrual for the ongoing operation, maintenance and monitoring obligation at the Site was $319 and $360, respectively. The liability for environmental remediation represents management’s best estimate of the probable and reasonably estimable undiscounted costs related to known remediation obligations. The accuracy of our estimate of environmental liability is affected by several uncertainties such as additional requirements that may be identified in connection with remedial activities, the complexity and evolution of environmental laws and regulations, and the identification of presently unknown remediation requirements. Consequently, our liability could be greater than our current estimate. However, we do not expect that the costs associated with remediation will have a material adverse effect on our financial condition or results of operations.

Subsequent Events

Subsequent Events	12 Months Ended
Subsequent Events	Oct. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsOn August 24, 2021, we entered into an agreement to acquire NDC Technologies (NDC), a leading global provider of precision measurement solutions for in-line manufacturing process control. NDC's technology portfolio includes in-line measurement sensors, gauges and analyzers using near-infrared, laser, X-ray, optical and nucleonic technologies, as well as proprietary algorithms and software. The acquisition, which was completed on November 1, 2021, expanded our test and inspection platform and will be reported in our Advanced Technology Solutions segment. The all-cash transaction of approximately $180,000 was funded using cash from operations and is not expected to have a material impact on our consolidated financial statements.

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts and Reserves	12 Months Ended
Valuation and Qualifying Accounts and Reserves	Oct. 31, 2021
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts and Reserves	Schedule II – Valuation and Qualifying Accounts and Reserves Balance at Charged to Deductions Currency Balance Allowance for Doubtful Accounts 2019 $ 9,580 2,254 1,840 (193) $ 9,801 2020 $ 9,801 2,165 3,074 153 $ 9,045 2021 $ 9,045 32 1,572 47 $ 7,552 Inventory Obsolescence and Other Reserves 2019 $ 37,545 10,623 8,720 (71) $ 39,377 2020 $ 39,377 24,767 23,255 426 $ 41,315 2021 $ 41,315 11,718 7,436 266 $ 45,863

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
Significant Accounting Policies (Policies)	Oct. 31, 2021
Consolidation	Consolidation — The consolidated financial statements include the accounts of Nordson Corporation and its 100%-owned and controlled subsidiaries. Investments in affiliates and joint ventures in which our ownership is 50 percent or less or in which we do not have control but have the ability to exercise significant influence, are accounted for under the equity method. All significant intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates	Use of estimates — The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and notes. Actual amounts could differ from these estimates.
Fiscal Year	Fiscal year — Our fiscal year is November 1 through October 31.
Revenue Recognition	Revenue recognition — A contract exists when it has approval and commitment from both parties, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and collectability of the consideration is probable. Revenue is recognized when performance obligations under the terms of the contract with a customer are satisfied. Generally, our revenue results from short-term, fixed-price contracts and primarily is recognized as of a point in time when the product is shipped or at a later point when the control of the product transfers to the customer. Revenue for undelivered items is deferred and included within Accrued liabilities in our Consolidated Balance Sheets. Revenues deferred as of October 31, 2021 and 2020 were not material. However, for certain contracts related to the sale of customer-specific products within our Advanced Technology Solutions segment, revenue is recognized for these contracts over time as we satisfy performance obligations because of the continuous transfer of control to the customer. The continuous transfer of control to the customer occurs as we enhance assets that are customer controlled and we are contractually entitled to payment for work performed to date plus a reasonable margin. As control transfers over time for these products or services, revenue is recognized based on progress toward completion of the performance obligations. The selection method to measure progress towards completion requires judgment and is based on the nature of the products or services to be provided. We have elected to use the input method – costs incurred for these contracts because it best depicts the transfer of products or services to the customer based on incurring costs on the contract. Under this method, revenues are recorded proportionally as costs are incurred. Contract assets recognized are recorded in Prepaid expenses and other current assets and contract liabilities are recorded in Accrued liabilities in our Consolidated Balance Sheets and were not material at October 31, 2021 or 2020. Revenue recognized over time represented approximately ten percent of our overall consolidated revenues at October 31, 2021 or 2020. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring products or services. Taxes, including sales and value add, that we collect concurrently with revenue-producing activities are excluded from revenue. As a practical expedient, we may exclude the assessment of whether goods or services are performance obligations, if they are immaterial in the context of the contract, and combine these with other performance obligations. While payment terms and conditions vary by contract type, we have determined that our contracts generally do not include a significant financing component. We have elected to apply the practical expedient to treat all shipping and handling costs as fulfillment costs as a significant portion of these costs are incurred prior to transfer of control to the customer. We have also elected to apply the practical expedient to expense sales commissions as they are incurred as the amortization period resulting from capitalizing the costs is one year or less. These costs are recorded within Selling, general and administrative expenses in our Consolidated Statements of Income. We offer assurance type warranties on our products as well as separately sold warranty contracts. Revenue related to warranty contracts that are sold separately is recognized over the life of the warranty term and are not material. Certain arrangements may include installation, installation supervision, training, and spare parts, which tend to be completed in a short period of time, at an insignificant cost, and utilizing skills not unique to us, therefore, are typically regarded as inconsequential or not material.
Advertising Costs	Advertising costs — Advertising costs are expensed as incurred and were $5,986, $7,174 and $10,479 in 2021, 2020 and 2019, respectively.
Research and Development	Research and development — Investments in research and development are important to our long-term growth, enabling us to keep pace with changing customer and marketplace needs through the development of new products and new applications for existing products. We place strong emphasis on technology developments and improvements through internal engineering and research teams. Research and development costs are expensed as incurred and were $59,422, $63,591 and $60,018 in 2021, 2020 and 2019, respectively. As a percentage of sales, research and development expenses were 2.5, 3.0 and 2.7 percent in 2021, 2020 and 2019, respectively.
Earnings Per Share	Earnings per share — Basic earnings per share are computed based on the weighted-average number of common shares outstanding during each year, while diluted earnings per share are based on the weighted-average number of common shares and common share equivalents outstanding. Common share equivalents consist of shares issuable upon exercise of stock options computed using the treasury stock method, as well as restricted stock and deferred stock-based compensation. Options whose exercise price is higher than the average market price are excluded from the calculation of diluted earnings per share because the effect would be anti-dilutive. Options for 46 common shares were excluded from the diluted earnings per share calculation in 2021 and 95 and 176 options were excluded from the calculation of diluted earnings per share in 2020 and 2019, respectively because their effect would have been anti-dilutive. Under the Amended and Restated 2012 Stock Incentive and Award Plan, executive officers and selected other key employees receive common share awards based on corporate performance measures over three-year performance periods. Awards for which performance measures have not been met were excluded from the calculation of diluted earnings per share.
Cash and cash equivalents	Cash and cash equivalents — Highly liquid instruments with maturities of 90 days or less at date of purchase are considered to be cash equivalents.
Allowance for Doubtful Accounts	Allowance for doubtful accounts — An allowance for doubtful accounts is maintained for estimated losses resulting from the inability of customers to make required payments. The amount of the allowance is determined principally on the basis of past collection experience and known factors regarding specific customers. Accounts are written off against the allowance when it becomes evident that collection will not occur. Credit is extended to customers satisfying pre-defined credit criteria. We believe we have limited concentration of credit risk due to the diversity of our customer base. Our primary allowance for credit losses is the allowance for doubtful accounts, which is principally determined based on aging of receivables. Receivables are exposed to credit risk based on the customers' ability to pay which is influenced by, among other factors, their financial liquidity. We perform ongoing customer credit evaluation to maintain sufficient allowances for potential credit losses. Our segments perform credit evaluation and monitoring to estimate and manage credit risk through the review of customer information, credit ratings, approval and monitoring of customer credit limits, and assessment of market conditions. We may also require prepayments or bank guarantees from customers to mitigate credit risk. Our receivables are generally short-term in nature with a majority of receivables outstanding less than 90 days. Accounts receivable balances are written-off against the allowance if deemed uncollectible.
Inventories	Inventories — Inventories are valued at the lower of cost or net realizable value. Cost was determined using the last-in, first-out (LIFO) method for 16 percent of consolidated inventories at October 31, 2021 and 19 percent of consolidated inventories at October 31, 2020. The first-in, first-out (FIFO) method is used for all other inventories. Consolidated inventories would have been $4,216 and $4,545 higher than reported at October 31, 2021 and 2020, respectively, had the FIFO method, which approximates current cost, been used for valuation of all inventories.
Property, Plant and Equipment and Depreciation	Property, plant and equipment and depreciation — Property, plant and equipment are carried at cost. Additions and improvements that extend the lives of assets are capitalized, while expenditures for repairs and maintenance are expensed as incurred. Plant and equipment are depreciated for financial reporting purposes using the straight-line method over the estimated useful lives of the assets or, in the case of property under finance leases, over the terms of the leases. Leasehold improvements are depreciated over the shorter of the lease term or their useful lives. Useful lives are as follows: Land improvements 15-25 years Buildings 20-40 years Machinery and equipment 3-18 years Enterprise management systems 5-13 years Depreciation expense is included in cost of sales and selling and administrative expenses. Internal use software costs are expensed or capitalized depending on whether they are incurred in the preliminary project stage, application development stage or the post-implementation stage. Amounts capitalized are amortized over the estimated useful lives of the software beginning with the project’s completion. All re-engineering costs are expensed as incurred. Interest costs on significant capital projects are capitalized. No interest was capitalized in 2021, 2020 or 2019.
Goodwill and Intangible Assets	Goodwill and intangible assets — Goodwill is the excess of cost of an acquired entity over the amounts assigned to assets acquired and liabilities assumed in a business combination. Goodwill relates to and is assigned directly to specific reporting units. Goodwill is not amortized but is subject to annual impairment testing. Our annual impairment testing is performed as of August 1. Testing is done more frequently if an event occurs or circumstances change that would indicate the fair value of a reporting unit is less than the carrying amount of those assets.
Foreign Currency Translation	Foreign currency translation — The financial statements of subsidiaries outside the United States are generally measured using the local currency as the functional currency. Assets and liabilities of these subsidiaries are translated at the rates of exchange at the balance sheet dates. Income and expense items are translated at average monthly rates of exchange. The resulting translation adjustments are included in accumulated other comprehensive income (loss), a separate component of shareholders’ equity. Generally, gains and losses from foreign currency transactions, including forward contracts, of these subsidiaries and the United States parent are included in net income. Gains and losses from intercompany foreign currency transactions of a long-term investment nature are included in accumulated other comprehensive income (loss).
Warranties	Warranties — We offer warranties to our customers depending on the specific product and terms of the customer purchase agreement. A typical warranty program requires that we repair or replace defective products within a specified time period (generally one year) measured from the date of delivery or first use. We record an estimate for future warranty-related costs based on actual historical return rates. Based on analysis of return rates and other factors, the adequacy of our warranty provisions is adjusted as necessary. The liability for warranty costs is included in accrued liabilities in the Consolidated Balance Sheet.
Shipping and Handling Costs
Shipping and Handling Costs	Shipping and handling costs — Amounts billed to customers for shipping and handling are recorded as revenue. Shipping and handling expenses are included in cost of sales.

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	12 Months Ended
Significant Accounting Policies (Tables)	Oct. 31, 2021
Accounting Policies [Abstract]
Useful Lives of Property, Plant and Equipment and Depreciation	Useful lives are as follows: Land improvements 15-25 years Buildings 20-40 years Machinery and equipment 3-18 years Enterprise management systems 5-13 years
Weighted Average Useful Lives for Each Major Category of Amortizable Intangible Assets	At October 31, 2021, the weighted-average useful lives for each major category of amortizable intangible assets were: Patent/technology costs 12 years Customer relationships 14 years Noncompete agreements 4 years Trade names 15 years
Summary of Accumulated Other Comprehensive Loss	Accumulated other comprehensive loss at October 31, 2021 and 2020 consisted of: Cumulative Pension and Accumulated Balance at October 31, 2020 $ (40,422) $ (185,696) $ (226,118) Pension and postretirement plan changes, net of tax of $(12,938) — 43,250 43,250 Currency translation losses 7,033 — 7,033 Balance at October 31, 2021 $ (33,389) $ (142,446) $ (175,835)
Reconciliation of Product Warranty Liability	Following is a reconciliation of the product warranty liability as of October 31, 2021 and 2020: 2021 2020 Balance at beginning of year $ 10,550 $ 11,006 Accruals for warranties 16,011 11,662 Warranty payments (15,475) (12,330) Currency adjustments 27 212 Balance at end of year $ 11,113 $ 10,550

Divestiture (Tables)

Divestiture (Tables)	12 Months Ended
Divestiture (Tables)	Oct. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]
Asset and Liabilities of the Core Components product line classified as held for sale	The assets and liabilities of the screws and barrels product line classified as held for sale at October 31, 2020 were as follows: 2020 Receivables - net $ 14,327 Inventories - net 9,854 Prepaid expenses and other current assets 696 Property, plant and equipment - net 58,950 Other assets 23,159 Impairment on carrying value (87,371) Assets held for sale $ 19,615 Accounts payable $ 4,625 Accrued liabilities 3,352 Other liabilities 5,171 Liabilities held for sale $ 13,148

Details of Consolidated Balan_2

Details of Consolidated Balance Sheet (Tables)	12 Months Ended
Details of Consolidated Balance Sheet (Tables)	Oct. 31, 2021
Balance Sheet Related Disclosures [Abstract]
Details of Consolidated Balance Sheet	Note 5 — Details of Consolidated Balance Sheet 2021 2020 Receivables: Accounts $ 479,594 $ 445,360 Notes 2,504 4,592 Other 14,843 30,966 496,941 480,918 Allowance for doubtful accounts (7,552) (9,045) $ 489,389 $ 471,873 Inventories: Raw materials and component parts $ 111,089 $ 94,630 Work-in-process 54,557 44,403 Finished goods 211,628 183,860 377,274 322,893 Obsolescence and other reserves (45,863) (41,315) LIFO reserve (4,216) (4,545) $ 327,195 $ 277,033 Property, plant and equipment: Land $ 9,238 $ 8,816 Land improvements 4,786 4,611 Buildings 263,399 253,621 Machinery and equipment 491,180 464,171 Enterprise management system 50,532 56,103 Construction-in-progress 32,719 29,897 Leased property under finance leases 37,506 32,590 889,360 849,809 Accumulated depreciation and amortization (533,795) (491,191) $ 355,565 $ 358,618 Accrued liabilities: Salaries and other compensation $ 87,066 $ 52,260 Pension and retirement 5,622 10,282 Taxes other than income taxes 13,095 13,346 Customer commissions 10,460 9,158 Other 85,749 82,837 $ 201,992 $ 167,883

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
Goodwill and Intangible Assets (Tables)	Oct. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Changes in Carrying Amount of Goodwill	Changes in the carrying amount of goodwill during 2021 by operating segment: Industrial Precision Solutions Advanced Technology Solutions Total Balance at October 31, 2020 $ 415,862 $ 1,297,492 $ 1,713,354 Currency effect (842) 636 (206) Balance at October 31, 2021 $ 415,020 $ 1,298,128 $ 1,713,148 Changes in the carrying amount of goodwill during 2020 by operating segment: Industrial Precision Solutions Advanced Technology Solutions Total Balance at October 31, 2019 $ 411,461 $ 1,203,278 $ 1,614,739 Acquisition — 90,441 90,441 Other (453) — (453) Currency effect 4,854 3,773 8,627 Balance at October 31, 2020 $ 415,862 $ 1,297,492 $ 1,713,354
Summary of Intangible Assets Subject to Amortization	Information regarding intangible assets subject to amortization: October 31, 2021 Carrying Accumulated Net Book Customer relationships $ 483,815 $ 226,658 $ 257,157 Patent/technology costs 154,267 89,299 64,968 Trade names 74,301 39,858 34,443 Noncompete agreements 9,896 9,099 797 Other 1,385 1,383 2 Total $ 723,664 $ 366,297 $ 357,367 October 31, 2020 Carrying Accumulated Net Book Customer relationships $ 483,568 $ 193,617 $ 289,951 Patent/technology costs 153,555 76,934 76,621 Trade names 74,240 34,693 39,547 Noncompete agreements 9,908 8,444 1,464 Other 1,403 1,400 3 Total $ 722,674 $ 315,088 $ 407,586
Estimated Amortization Expense	Estimated amortization expense for each of the five succeeding years: Year Amounts 2022 $ 46,696 2023 $ 45,355 2024 $ 39,784 2025 $ 38,796 2026 $ 37,530

Retirement, Pension and Other_2

Retirement, Pension and Other Postretirement Plans (Tables)	12 Months Ended
Retirement, Pension and Other Postretirement Plans (Tables)	Oct. 31, 2021
Summary of Accumulated Other Comprehensive Loss	Accumulated other comprehensive loss at October 31, 2021 and 2020 consisted of: Cumulative Pension and Accumulated Balance at October 31, 2020 $ (40,422) $ (185,696) $ (226,118) Pension and postretirement plan changes, net of tax of $(12,938) — 43,250 43,250 Currency translation losses 7,033 — 7,033 Balance at October 31, 2021 $ (33,389) $ (142,446) $ (175,835)
Pension Plans
Reconciliation of the Benefit Obligations, Plan Assets, Accrued Benefit Cost and the Amount Recognized in Financial Statements for Pension Plans	A reconciliation of the benefit obligations, plan assets, accrued benefit cost and the amount recognized in financial statements for pension plans is as follows: United States International 2021 2020 2021 2020 Change in benefit obligation: Benefit obligation at beginning of year $ 615,768 $ 551,997 $ 104,849 $ 97,990 Service cost 22,555 20,635 2,120 2,099 Interest cost 13,652 15,824 887 1,025 Participant contributions — — 80 83 Amendments — — 15 — Settlements (9,016) (4,992) (714) — Curtailments (2,436) — — — Foreign currency exchange rate change — — 1,024 2,814 Actuarial loss (gain) 4,561 47,788 (121) 2,729 Benefits paid (17,813) (15,484) (2,091) (1,891) Benefit obligation at end of year $ 627,271 $ 615,768 $ 106,049 $ 104,849 Change in plan assets: Beginning fair value of plan assets $ 510,250 $ 448,931 $ 45,476 $ 39,640 Actual return on plan assets 62,063 41,712 243 3,697 Company contributions 94,105 40,083 3,318 3,365 Participant contributions — — 80 83 Settlements (9,016) (4,992) (714) — Foreign currency exchange rate change — — 962 582 Benefits paid (17,813) (15,484) (2,091) (1,891) Ending fair value of plan assets $ 639,589 $ 510,250 $ 47,274 $ 45,476 Funded status at end of year $ 12,318 $ (105,518) $ (58,775) $ (59,373) Amounts recognized in financial statements: Noncurrent asset $ 30,840 $ 3,162 $ 4,086 $ 3,321 Accrued benefit liability (799) (5,211) — (634) Long-term pension obligations (17,723) (103,469) (62,861) (62,060) Total amount recognized in financial statements $ 12,318 $ (105,518) $ (58,775) $ (59,373) The net actuarial loss included in the projected benefit obligation for the United States pension plans for 2021 was primarily due to updated census data partially offset by gains due to changes in the discount rates. The net actuarial loss included in the projected benefit obligation for 2020 was primarily due to lower discount rates and updated census data and assumptions. United States International 2021 2020 2021 2020 Amounts recognized in accumulated other comprehensive (gain) loss: Net actuarial loss $ 142,070 $ 192,593 $ 30,544 $ 32,097 Prior service cost (credit) 48 (16) (1,808) (2,137) Accumulated other comprehensive loss $ 142,118 $ 192,577 $ 28,736 $ 29,960
Summary of Accumulated Other Comprehensive Loss	The following table summarizes the changes in accumulated other comprehensive loss: United States International 2021 2020 2021 2020 Balance at beginning of year $ 192,577 $ 178,290 $ 29,960 $ 31,484 Net (gain) loss arising during the year (29,091) 30,743 1,220 305 Prior service cost arising during the year — — 15 — Net gain recognized during the year (14,885) (14,032) (3,144) (2,972) Prior service credit recognized during the year 64 84 303 290 Settlement loss (4,111) (2,508) (32) — Curtailment (2,436) — — — Exchange rate effect during the year — — 414 853 Balance at end of year $ 142,118 $ 192,577 $ 28,736 $ 29,960
Accumulated Benefit Obligation	Information regarding the funded status of the Company's plans is as follows: United States International 2021 2020 2021 2020 For plans with accumulated benefit obligation in excess of plan assets: Accumulated benefit obligation $ 16,182 $ 508,671 $ 85,559 $ 85,189 Fair value of plan assets — 444,723 32,306 30,797 For plans with projected benefit obligation in excess of plan assets: Projected benefit obligation 18,522 553,403 95,221 93,491 Fair value of plan assets — 444,723 32,360 30,797
Components of Net Periodic Benefits Cost	Net periodic pension costs include the following components: United States International 2021 2020 2019 2021 2020 2019 Service cost $ 22,555 $ 20,635 $ 14,587 $ 2,120 $ 2,099 $ 1,933 Interest cost 13,652 15,824 18,304 887 1,025 1,670 Expected return on plan assets (28,410) (24,667) (23,341) (1,585) (1,273) (1,592) Amortization of prior service credit (64) (84) (61) (303) (290) (303) Amortization of net actuarial loss 14,885 14,032 6,702 3,144 2,972 1,696 Settlement loss 4,111 2,508 — 32 — 470 Total benefit cost $ 26,729 $ 28,248 $ 16,191 $ 4,295 $ 4,533 $ 3,874
Weighted Average Assumptions Representing the Rates Used to Develop the Actuarial Present Value of Projected Benefit Obligation and the Net Periodic Benefit Costs	The weighted average assumptions used in the valuation of pension benefits were as follows: United States International 2021 2020 2019 2021 2020 2019 Assumptions used to determine benefit obligations at October 31: Discount rate 3.02 % 2.85 % 3.25 % 1.30 % 1.01 % 1.26 % Rate of compensation increase 4.00 4.00 4.00 2.90 2.69 3.12 Assumptions used to determine net benefit costs for the years ended October 31: Discount rate - benefit obligation 2.85 3.25 4.53 1.01 1.26 2.14 Discount rate - service cost 3.30 3.56 4.70 0.93 1.12 1.82 Discount rate - interest cost 2.10 2.78 4.15 0.80 1.05 1.90 Expected return on plan assets 5.75 5.75 6.00 3.31 3.22 3.96 Rate of compensation increase 4.00 4.00 3.90 2.69 3.12 3.12
Allocation of Pension Plan Assets	The allocation of pension plan assets as of October 31, 2021 and 2020 is as follows: United States International 2021 2020 2021 2020 Asset Category Equity securities 13 % 11 % — % — % Debt securities 46 49 — — Insurance contracts — — 51 54 Pooled investment funds 41 39 48 44 Other — 1 1 2 Total 100 % 100 % 100 % 100 %
Fair Values of Pension Plan Assets	The fair values of our pension plan assets at October 31, 2021 by asset category are in the table below: United States International Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Cash $ 1,467 $ 1,467 $ — $ — $ 519 $ 519 $ — $ — Money market funds 4,495 4,495 — — — — — — Equity securities: Basic materials 2,038 2,038 — — — — — — Consumer goods 4,360 4,360 — — — — — — Financial 3,753 3,753 — — — — — — Healthcare 4,864 4,864 — — — — — — Industrial goods 3,640 3,640 — — — — — — Technology 5,080 5,080 — — — — — — Utilities — — — — — — — — Mutual funds 52,319 52,319 — — — — — — Fixed income securities: U.S. Government 89,614 4,024 85,590 — — — — — Corporate 194,793 — 194,793 — — — — — Other 9,619 — 9,619 — — — — — Other types of investments: Insurance contracts — — — — 23,993 — — 23,993 Other 1,494 1,494 — — — — — — Total investments in the fair value hierarchy $ 377,536 $ 87,534 $ 290,002 $ — $ 24,512 $ 519 $ — $ 23,993 Investments measured at Net Asset Value: Real estate collective funds 44,056 — Pooled investment funds 217,997 22,762 Total Investments at Fair Value $ 639,589 $ 47,274 The fair values of our pension plan assets at October 31, 2020 by asset category are in the table below: United States International Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Cash $ 1,331 $ 1,331 $ — $ — $ 759 $ 759 $ — $ — Money market funds 5,059 5,059 — — — — — — Equity securities: Basic materials 1,750 1,750 — — — — — — Consumer goods 5,024 5,024 — — — — — — Financial 4,745 4,745 — — — — — — Healthcare 4,518 4,518 — — — — — — Industrial goods 3,588 3,588 — — — — — — Technology 5,706 5,706 — — — — — — Utilities 685 685 — — — — — — Mutual funds 24,266 24,266 — — — — — — Fixed income securities: U.S. Government 71,855 8,267 63,588 — — — — — Corporate 173,046 — 173,046 — — — — — Other 6,673 — 6,673 — — — — — Other types of investments: Insurance contracts — — — — 24,496 — — 24,496 Other 845 845 — — — — — — Total investments in the fair value hierarchy $ 309,091 $ 65,784 $ 243,307 $ — $ 25,255 $ 759 $ — $ 24,496 Investments measured at Net Asset Value: Real estate collective funds 38,996 — Pooled investment funds 162,163 20,221 Total Investments at Fair Value $ 510,250 $ 45,476
Change in Level 3 Fair Value of Plan Assets	The following tables present an analysis of changes during the years ended October 31, 2021 and 2020 in Level 3 plan assets, by plan asset class, for U.S. and international pension plans using significant unobservable inputs to measure fair value: Fair Value Measurements Insurance Beginning balance at October 31, 2020 $ 24,496 Actual return on plan assets: Purchases 1,441 Sales (541) Settlements (714) Unrealized losses (440) Foreign currency translation (249) Ending balance at October 31, 2021 $ 23,993 Fair Value Measurements Insurance Beginning balance at October 31, 2019 $ 21,245 Actual return on plan assets: Assets held, end of year 1,739 Purchases 2,462 Sales (1,495) Foreign currency translation 545 Ending balance at October 31, 2020 $ 24,496
Retiree Pension Benefit Payments	Retiree pension benefit payments, which include expected future service, are anticipated to be paid as follows: Year United States International 2022 $ 20,460 $ 2,860 2023 21,953 2,826 2024 23,331 3,153 2025 25,088 3,395 2026 26,570 5,458 2026-2030 156,178 19,725
Retirement Plans
Reconciliation of the Benefit Obligations, Plan Assets, Accrued Benefit Cost and the Amount Recognized in Financial Statements for Pension Plans	A reconciliation of the benefit obligations, accrued benefit cost and the amount recognized in financial statements for other postretirement plans is as follows: United States International 2021 2020 2021 2020 Change in benefit obligation: Benefit obligation at beginning of year $ 87,645 $ 88,660 $ 445 $ 454 Service cost 778 666 15 15 Interest cost 1,805 2,345 12 13 Participant contributions 722 611 — — Foreign currency exchange rate change — — 33 (5) Actuarial gain (2,799) (2,024) (83) (26) Benefits paid (2,861) (2,613) (6) (6) Benefit obligation at end of year $ 85,290 $ 87,645 $ 416 $ 445 Change in plan assets: Beginning fair value of plan assets $ — $ — $ — $ — Company contributions 2,139 2,002 6 6 Participant contributions 722 611 — — Benefits paid (2,861) (2,613) (6) (6) Ending fair value of plan assets $ — $ — $ — $ — Funded status at end of year $ (85,290) $ (87,645) $ (416) $ (445) Amounts recognized in financial statements: Accrued benefit liability $ (3,048) $ (2,835) $ (6) $ (6) Long-term postretirement obligations (82,242) (84,810) (410) (439) Total amount recognized in financial statements $ (85,290) $ (87,645) $ (416) $ (445) United States International 2021 2020 2021 2020 Amounts recognized in accumulated other comprehensive (gain) loss: Net actuarial (gain) loss $ 21,456 $ 25,614 $ (543) $ (466) Prior service credit — — — — Accumulated other comprehensive (gain) loss $ 21,456 $ 25,614 $ (543) $ (466)
Summary of Accumulated Other Comprehensive Loss	The following table summarizes the changes in accumulated other comprehensive (gain) loss: United States International 2021 2020 2021 2020 Balance at beginning of year $ 25,614 $ 28,976 $ (466) $ (482) Net gain arising during the year (2,799) (2,024) (83) (26) Net gain (loss) recognized during the year (1,359) (1,355) 41 36 Prior service credit recognized during the year — 17 — — Exchange rate effect during the year — — (35) 6 Balance at end of year $ 21,456 $ 25,614 $ (543) $ (466)
Components of Net Periodic Benefits Cost	Net postretirement benefit costs include the following components: United States International 2021 2020 2019 2021 2020 2019 Service cost $ 778 $ 666 $ 545 $ 15 $ 15 $ 16 Interest cost 1,805 2,345 2,984 12 13 19 Amortization of prior service credit — (17) (26) — — — Amortization of net actuarial (gain) loss 1,359 1,355 634 (41) (36) (28) Total benefit cost (credit) $ 3,942 $ 4,349 $ 4,137 $ (14) $ (8) $ 7
Weighted Average Assumptions Representing the Rates Used to Develop the Actuarial Present Value of Projected Benefit Obligation and the Net Periodic Benefit Costs	The weighted average assumptions used in the valuation of postretirement benefits were as follows: United States International 2021 2020 2019 2021 2020 2019 Assumptions used to determine benefit obligations at October 31: Discount rate 2.98 % 2.84 % 3.27 % 3.43 % 2.94 % 3.03 % Health care cost trend rate 3.34 3.40 3.62 4.43 4.22 4.00 Rate to which health care cost trend rate is assumed to incline/decline (ultimate trend rate) 3.15 3.17 3.24 4.05 4.05 4.05 Year the rate reaches the ultimate trend rate 2031 2026 2026 2040 2040 2040 Assumption used to determine net benefit costs for the years ended October 31: Discount rate benefit obligation 2.84 % 3.27 % 4.56 % 2.94 % 3.03 % 3.88 % Discount rate service cost 3.44 3.61 4.77 3.00 3.05 3.90 Discount rate interest cost 2.08 2.79 4.18 2.60 2.88 3.80
Retiree Pension Benefit Payments	Retiree postretirement benefit payments are anticipated to be paid as follows: Year United States International 2022 $ 3,048 $ 6 2023 3,227 6 2024 3,423 6 2025 3,593 6 2026 3,753 9 2026-2030 20,376 54

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Oct. 31, 2021
Income Tax Disclosure [Abstract]
Income Tax Expense	Income tax expense includes the following: 2021 2020 2019 Current: U.S. federal $ 41,983 $ 19,265 $ 40,012 State and local 4,429 984 3,429 Foreign 69,325 45,657 51,590 Total current 115,737 65,906 95,031 Deferred: U.S. federal 6,631 (10,143) 1,470 State and local 1,470 (1,023) 633 Foreign (4,030) (2,790) (3,121) Total deferred 4,071 (13,956) (1,018) $ 119,808 $ 51,950 $ 94,013
Income Taxes Computed at the U.S. Statutory Rate and Income Tax	A reconciliation of the U.S. statutory federal rate to the worldwide consolidated effective tax rate follows: 2021 2020 2019 Statutory federal income tax rate 21.00 % 21.00 % 21.00 % Transition tax — — 1.46 Share-based and other compensation (0.30) (4.15) (0.55) Foreign tax rate variances, net of foreign tax credits 0.92 1.51 1.16 State and local taxes, net of federal income tax benefit 0.81 (0.01) 0.74 Amounts related to prior years (0.18) (0.04) (0.55) Foreign-Derived Intangible Income Deduction (1.19) (0.95) (1.51) Global Intangible Low-Taxed Income net of foreign tax credits 0.44 0.97 0.85 Other – net (0.63) (1.10) (0.79) Effective tax rate 20.87 % 17.23 % 21.81 %
Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits for 2021, 2020 and 2019 is as follows: 2021 2020 2019 Balance at beginning of year $ 6,717 $ 2,909 $ 2,891 Additions based on tax positions related to the current year 370 370 370 Additions for tax positions of prior years — 4,068 547 Reductions for tax positions of prior years (350) — — Settlements — (137) — Lapse of statute of limitations (3,017) (493) (899) Balance at end of year $ 3,720 $ 6,717 $ 2,909
Significant Components of Deferred Tax Assets and Liabilities	Significant components of deferred tax assets and liabilities are as follows: 2021 2020 Deferred tax assets: Employee benefits $ 39,798 $ 70,838 Other accruals not currently deductible for taxes 17,499 16,207 Tax credit and loss carryforwards 19,269 20,268 Inventory adjustments 6,924 8,757 Total deferred tax assets 83,490 116,070 Valuation allowance (14,141) (22,233) Total deferred tax assets 69,349 93,837 Deferred tax liabilities: Depreciation and amortization 145,494 150,591 Other - net 941 410 Total deferred tax liabilities 146,435 151,001 Net deferred tax liabilities $ (77,086) $ (57,164)

Bank Lines of Credit (Tables)

Bank Lines of Credit (Tables)	12 Months Ended
Bank Lines of Credit (Tables)	Oct. 31, 2021
Debt Disclosure [Abstract]
Bank Lines of Credit and Notes	Bank lines of credit are summarized as follows: 2021 2020 Maximum borrowings available under bank lines of credit (all foreign banks) $ 60,627 $ 74,766 Unused bank lines of credit $ 57,082 $ 74,766

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
Long-Term Debt (Tables)	Oct. 31, 2021
Debt Disclosure [Abstract]
Long-Term Debt	A summary of long-term debt is as follows: 2021 2020 Notes Payable $ 3,545 $ — Senior notes, due 2022-2025 79,000 109,900 Senior notes, due 2022-2027 78,572 85,714 Senior notes, due 2023-2030 350,000 350,000 Term loan — 255,000 Euro loan, due 2023 306,358 308,642 817,475 1,109,256 Less current maturities 34,188 38,043 Less unamortized debt issuance costs 1,578 3,261 Long-term maturities $ 781,709 $ 1,067,952

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Oct. 31, 2021
Leases [Abstract]
Lease Cost and Additional Lease Information	Additional lease information is summarized below for the twelve months ended October 31: October 31, 2021 October 31, 2020 Finance Leases Operating Leases Finance Leases Operating Leases Amortization of right of use assets $ 6,929 $ 7,087 Interest 373 350 Lease cost (1) 7,302 $ 20,176 7,437 $ 21,489 Short-term and variable lease cost (1) 1,445 2,938 1,478 3,011 Total lease cost $ 8,747 $ 23,114 $ 8,915 $ 24,500 (1) Lease costs are recorded in both Cost of sales and Selling and administrative expenses on the Consolidated Statements of Income. Supplemental cash flow information is summarized below for the twelve months ended October 31, 2021: Finance Leases Operating Leases Cash outflows for leases $ 6,624 $ 20,231 Weighted average remaining lease term (years) 8.29 9.88 Weighted average discount rate 2.13% 1.68%
Finance Lease, Liability, Fiscal Year Maturity	The following table reconciles the undiscounted cash flows for five years and thereafter to the operating and finance lease liabilities recognized on the Consolidated Balance Sheet as of October 31, 2021. The reconciliation excludes short-term leases that are not recognized on the Consolidated Balance Sheet. Year: Finance Leases Operating Leases 2022 $ 6,162 $ 18,942 2023 4,454 16,071 2024 2,498 13,825 2025 1,449 11,717 2026 1,063 11,073 Later years 7,527 54,562 Total minimum lease payments 23,153 126,190 Amounts representing interest 2,410 11,283 Present value of minimum lease payments $ 20,743 $ 114,907
Lessee, Operating Lease, Liability, Maturity	The following table reconciles the undiscounted cash flows for five years and thereafter to the operating and finance lease liabilities recognized on the Consolidated Balance Sheet as of October 31, 2021. The reconciliation excludes short-term leases that are not recognized on the Consolidated Balance Sheet. Year: Finance Leases Operating Leases 2022 $ 6,162 $ 18,942 2023 4,454 16,071 2024 2,498 13,825 2025 1,449 11,717 2026 1,063 11,073 Later years 7,527 54,562 Total minimum lease payments 23,153 126,190 Amounts representing interest 2,410 11,283 Present value of minimum lease payments $ 20,743 $ 114,907

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
Fair Value Measurements (Tables)	Oct. 31, 2021
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables present the classification of our assets and liabilities measured at fair value on a recurring basis: October 31, 2021 Total Level 1 Level 2 Level 3 Assets: Foreign currency forward contracts (a) $ 2,755 $ — $ 2,755 $ — Total assets at fair value $ 2,755 $ — $ 2,755 $ — Liabilities: Deferred compensation plans (b) $ 9,115 $ — $ 9,115 $ — Foreign currency forward contracts (a) 4,507 — 4,507 — Total liabilities at fair value $ 13,622 $ — $ 13,622 $ — October 31, 2020 Total Level 1 Level 2 Level 3 Assets: Foreign currency forward contracts (a) $ 2,700 $ — $ 2,700 $ — Total assets at fair value $ 2,700 $ — $ 2,700 $ — Liabilities: Deferred compensation plans (b) $ 12,304 $ — $ 12,304 $ — Foreign currency forward contracts (a) 5,937 — 5,937 — Total liabilities at fair value $ 18,241 $ — $ 18,241 $ — (a) We enter into foreign currency forward contracts to reduce the risk of foreign currency exposures resulting from receivables, payables, intercompany receivables, intercompany payables and loans denominated in foreign currencies. Foreign exchange contracts are valued using market exchange rates. These foreign exchange contracts are not designated as hedges. (b) Executive officers and other highly compensated employees may defer up to 100 percent of their salary and annual cash incentive compensation and for executive officers, up to 90 percent of their long-term incentive compensation, into various non-qualified deferred compensation plans. Deferrals can be allocated to various market performance measurement funds. Changes in the value of compensation deferred under these plans are recognized each period based on the fair value of the underlying measurement funds.
Carrying Amounts and Fair Values of Financial Instruments, Other than Cash and Cash Equivalents, Receivables and Accounts Payable	The carrying values of cash and cash equivalents, receivables and accounts payable approximate fair value due to the short-term nature of these instruments. 2021 2020 Carrying Fair Value Carrying Fair Value Long-term debt (including current portion) $ 812,352 $ 855,376 $ 1,105,995 $ 1,170,073

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	12 Months Ended
Derivative Financial Instruments (Tables)	Oct. 31, 2021
Investments, All Other Investments [Abstract]
Outstanding Currency, Forward Exchange Contracts	The following table summarizes, by currency, the contracts outstanding at October 31, 2021 and 2020: Notional Amounts Sell Buy October 31, 2021 contract amounts: Euro $ 100,922 $ 325,581 Pound sterling 50,333 79,934 Japanese yen 14,338 45,436 Australian dollar 709 10,088 Hong Kong dollar 6,948 44,831 Singapore dollar 200 18,029 Others 16,367 86,492 Total $ 189,817 $ 610,391 October 31, 2020 contract amounts: Euro $ 127,849 $ 259,510 Pound sterling 36,943 71,380 Japanese yen 23,262 41,133 Australian dollar 179 9,084 Hong Kong dollar 59,459 81,199 Singapore dollar 1,102 17,350 Others 6,985 73,310 Total $ 255,779 $ 552,966

Capital Shares (Tables)

Capital Shares (Tables)	12 Months Ended
Capital Shares (Tables)	Oct. 31, 2021
Equity [Abstract]
Capital Shares	Common shares repurchased as part of publicly announced programs during 2021, 2020 and 2019 were as follows: Year Number Total Average 2021 262 55,033 $ 209.97 2020 303 38,138 $ 125.70 2019 949 114,790 $ 121.01

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
Stock-Based Compensation (Tables)	Oct. 31, 2021
Share-based Payment Arrangement [Abstract]
Summarized Activity Related to Stock Options	The following table summarizes activity related to stock options during 2021: Number of Weighted˗Average Aggregate Weighted˗Average Outstanding at October 31, 2020 1,487 $ 122.45 Granted 93 $ 201.43 Exercised (298) $ 107.14 Forfeited or expired (47) $ 152.52 Outstanding at October 31, 2021 1,235 $ 130.93 $ 152,304 6.1 years Expected to vest 561 $ 155.55 $ 55,335 7.3 years Exercisable at October 31, 2021 671 $ 110.21 $ 96,638 5.0 years
Summarized Information on Currently Outstanding Options	Summarized information on currently outstanding options follows: Range of Exercise Price $43 - $90 $91 - $140 $141 - $201 Number outstanding 204 626 405 Weighted-average remaining contractual life, in years 3.1 6.3 8.3 Weighted-average exercise price $ 71.82 $ 122.31 $ 174.09 Number exercisable 204 399 68 Weighted-average exercise price $ 71.82 $ 120.24 $ 167.15
Fair Value Assumptions of Stock Options	The fair value of each option grant was estimated at the date of the grant using the Black-Scholes option-pricing model with the following assumptions: 2021 2020 2019 Expected volatility 30.8%-32.6% 24.5%-30.5% 24.1%-24.5% Expected dividend yield 0.83%-0.85% 0.87%-1.16% 1.04% Risk-free interest rate 0.43%-0.77% 0.44%-1.69% 2.84%-2.95% Expected life of the option (in years) 5.3-6.2 5.3-6.3 5.3-6.2
Summarized Activity Related to Restricted Stock	The following table summarizes activity related to restricted shares during 2021: Number of Weighted˗Average Restricted at October 31, 2020 58 $ 148.75 Granted — $ — Forfeited (6) $ 162.94 Vested (33) $ 141.32 Restricted at October 31, 2021 19 $ 157.36
Summarized Activity Related to Restricted Stock Units	The following table summarizes activity related to restricted share units in 2021: Number of Weighted˗Average Grant Date Fair Restricted share units at October 31, 2020 — $ — Granted 87 $ 202.41 Forfeited (14) $ 202.06 Vested (6) $ 198.58 Restricted share units at October 31, 2021 67 $ 202.81
Summarized Activity Related to Director Deferred Compensation Shares	The following table summarizes activity related to director deferred compensation share equivalent units during 2021: Number of Weighted˗Average Outstanding at October 31, 2020 120 $ 60.81 Restricted stock units vested 4 $ 199.36 Dividend equivalents 1 $ 215.03 Distributions (19) $ 58.86 Outstanding at October 31, 2021 106 $ 68.11

Operating Segments and Geogra_2

Operating Segments and Geographic Area Data (Tables)	12 Months Ended
Operating Segments and Geographic Area Data (Tables)	Oct. 31, 2021
Segment Reporting [Abstract]
Reportable Segments	The following table presents information about our reportable segments: Industrial Precision Solutions Advanced Technology Solutions Corporate Total Year ended October 31, 2021 Net external sales $ 1,246,947 $ 1,115,262 $ — $ 2,362,209 Depreciation and amortization 25,673 68,426 9,784 103,883 Operating profit (loss) 414,192 271,660 (70,725) 615,127 Identifiable assets (b) 898,051 1,902,637 967,796 (a) 3,768,484 Property, plant and equipment expenditures 9,009 23,064 6,230 38,303 Year ended October 31, 2020 Net external sales $ 1,143,423 $ 977,677 $ — $ 2,121,100 Depreciation and amortization 38,939 64,543 9,820 113,302 Operating profit (loss) 208,028 191,602 (50,085) 349,545 Identifiable assets (b) 882,946 1,849,391 948,048 (a) 3,680,385 Property, plant and equipment expenditures 18,545 31,520 470 50,535 Year ended October 31, 2019 Net external sales $ 1,208,376 $ 985,850 $ — $ 2,194,226 Depreciation and amortization 38,333 62,836 9,075 110,244 Operating profit (loss) 329,054 205,609 (51,550) 483,113 Identifiable assets (b) 997,460 1,740,259 782,188 (a) 3,519,907 Property, plant and equipment expenditures 30,400 26,010 7,834 64,244 (a) Corporate assets are principally cash and cash equivalents, deferred income taxes, leases, headquarter facilities, the major portion of our enterprise management system, and intangible assets. Includes assets held for sale in 2020, see Note 4. (b) Operating segment identifiable assets include notes and accounts receivable net of allowance for doubtful accounts, inventories net of reserves, property, plant and equipment net of accumulated depreciation and goodwill.
Sales and Long-lived Asset Information by Geographic Regions	We have significant sales and long-lived assets in the following geographic areas: 2021 2020 2019 Net external sales United States $ 789,303 $ 755,642 $ 758,383 Americas 179,807 141,473 167,661 Europe 617,492 536,636 571,596 Japan 107,572 126,601 126,756 Asia Pacific 668,035 560,748 569,830 Total net external sales $ 2,362,209 $ 2,121,100 $ 2,194,226 Long-lived assets United States $ 311,254 $ 329,390 $ 286,894 Americas 11,624 2,307 1,948 Europe 67,776 69,854 44,041 Japan 18,318 22,733 6,169 Asia Pacific 57,444 56,459 59,843 Total long-lived assets $ 466,416 $ 480,743 $ 398,895
Reconciliation of Segment Operating Profit to Consolidated Income Before Income Taxes	A reconciliation of total segment operating profit to total consolidated income before income taxes is as follows: 2021 2020 2019 Total profit for reportable segments $ 615,127 $ 349,545 $ 483,113 Interest expense (25,491) (32,160) (47,145) Interest and investment income 2,150 1,681 1,844 Other-net (17,610) (17,577) (6,708) Income before income taxes $ 574,176 $ 301,489 $ 431,104
Summary of Reconciliation of Consolidated Assets	A reconciliation of total assets for reportable segments to total consolidated assets is as follows: 2021 2020 2019 Total identifiable assets for reportable segments $ 3,768,484 $ 3,680,385 $ 3,519,907 Customer advance payments 77,868 42,323 41,131 Eliminations (55,391) (48,052) (44,591) Total consolidated assets $ 3,790,961 $ 3,674,656 $ 3,516,447

Supplemental Information for _2

Supplemental Information for the Statement of Cash Flows (Tables)	12 Months Ended
	Oct. 31, 2021
Cash and Cash Equivalents [Abstract]
Supplemental Information for the Statement of Cash Flows	2021 2020 2019 Cash operating activities: Interest paid $ 27,122 $ 31,095 $ 50,578 Income taxes paid 106,942 80,849 104,326

Significant Accounting Polici_4

Significant Accounting Policies - Additional Information (Detail) - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Significant Accounting Policies [Line Items]
Ownership percentage in affiliates and joint ventures	50.00%
Percent of revenue recognized over time	10.00%	10.00%
Advertising costs incurred	$ 5,986,000	$ 7,174,000	$ 10,479,000
Research and development costs incurred	$ 59,422,000	$ 63,591,000	$ 60,018,000
Percentage of research and development expenses on sales	2.50%	3.00%	2.70%
Periods of performance considered for calculating compensation expense	3 years
Accounts receivable, after allowance for credit loss	$ 7,552,000	$ 9,045,000
Provision for losses on receivables	$ 32,000	$ 2,165,000	$ 2,254,000
Cost percentage of inventory under LIFO method	16.00%	19.00%
Consolidated inventories under FIFO method	$ 4,216,000	$ 4,545,000
Interest charges capitalized	$ 0	$ 0	$ 0
Product warranty period	1 year
Accounting Standards Update 2016-13
Significant Accounting Policies [Line Items]
Provision for losses on receivables	$ 396,000
Maximum
Significant Accounting Policies [Line Items]
Liquid instruments with maturity period	90 days
Stock Options
Significant Accounting Policies [Line Items]
Options for common shares excluded from computation of diluted earning per share (in shares)	46,000	95,000	176,000

Significant Accounting Polici_5

Significant Accounting Policies - Useful Lives of Property, Plant and Equipment and Depreciation (Detail)	12 Months Ended
	Oct. 31, 2021
Minimum \| Land improvements
Property Plant and Equipment [Line Items]
Useful lives of property, plant and equipment and depreciation	15 years
Minimum \| Buildings
Property Plant and Equipment [Line Items]
Useful lives of property, plant and equipment and depreciation	20 years
Minimum \| Machinery and equipment
Property Plant and Equipment [Line Items]
Useful lives of property, plant and equipment and depreciation	3 years
Minimum \| Enterprise management system
Property Plant and Equipment [Line Items]
Useful lives of property, plant and equipment and depreciation	5 years
Maximum \| Land improvements
Property Plant and Equipment [Line Items]
Useful lives of property, plant and equipment and depreciation	25 years
Maximum \| Buildings
Property Plant and Equipment [Line Items]
Useful lives of property, plant and equipment and depreciation	40 years
Maximum \| Machinery and equipment
Property Plant and Equipment [Line Items]
Useful lives of property, plant and equipment and depreciation	18 years
Maximum \| Enterprise management system
Property Plant and Equipment [Line Items]
Useful lives of property, plant and equipment and depreciation	13 years

Significant Accounting Polici_6

Significant Accounting Policies - Weighted Average Useful Lives for Each Major Category of Amortizable Intangible Assets (Detail)	12 Months Ended
	Oct. 31, 2021
Patent/Technology Costs
Finite-Lived Intangible Assets [Line Items]
Weighted average useful lives for each major category of amortizable intangible assets	12 years
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Weighted average useful lives for each major category of amortizable intangible assets	14 years
Noncompete Agreements
Finite-Lived Intangible Assets [Line Items]
Weighted average useful lives for each major category of amortizable intangible assets	4 years
Trade Names
Finite-Lived Intangible Assets [Line Items]
Weighted average useful lives for each major category of amortizable intangible assets	15 years

Significant Accounting Polici_7

Significant Accounting Policies - Summary of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), Beginning balance	$ (226,118)
Pension and postretirement plan changes, net of tax	43,250
Currency translation losses	7,033	$ 12,910	$ 3,710
Accumulated other comprehensive loss, Ending balance	(175,835)	(226,118)
Pension and postretirement plan changes, tax	(12,938)
Cumulative Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), Beginning balance	(40,422)
Currency translation losses	7,033
Accumulated other comprehensive loss, Ending balance	(33,389)	(40,422)
Pension And Postretirement Benefit Plan Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), Beginning balance	(185,696)
Pension and postretirement plan changes, net of tax	43,250
Accumulated other comprehensive loss, Ending balance	$ (142,446)	$ (185,696)

Significant Accounting Polici_8

Significant Accounting Policies - Reconciliation of Product Warranty Liability (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Accounting Policies [Abstract]
Balance at beginning of year	$ 10,550	$ 11,006
Accruals for warranties	16,011	11,662
Warranty payments	(15,475)	(12,330)
Currency adjustments	27	212
Balance at end of year	$ 11,113	$ 10,550

Recently Issued Accounting St_2

Recently Issued Accounting Standards - Additional Information (Detail)	Aug. 31, 2018
Accounting Standards Update 2018-14
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Defined benefit plan effect of percentage change in assumed health care cost trend rates	1.00%

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) - USD ($) $ in Thousands	Sep. 01, 2020	Jun. 01, 2020	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Business Acquisition [Line Items]
Acquisition of businesses, net of cash acquired			$ 0	$ 142,414	$ 12,486
Goodwill			1,713,148	1,713,354	1,614,739
Advanced Technology Solutions
Business Acquisition [Line Items]
Goodwill			$ 1,298,128	$ 1,297,492	$ 1,203,278
Customer Relationships
Business Acquisition [Line Items]
Intangible assets amortization period			14 years
Trade Names
Business Acquisition [Line Items]
Intangible assets amortization period			15 years
Non-compete Agreements
Business Acquisition [Line Items]
Intangible assets amortization period			4 years
vivaMOS Ltd. \| 2020 Acquisition
Business Acquisition [Line Items]
Acquired percent of the outstanding shares	100.00%
Acquisition of businesses, net of cash acquired	$ 17,154
Cash acquired from business acquisition	158
Goodwill	14,394
Identifiable intangible assets	4,040
vivaMOS Ltd. \| Technology-Based Intangible Assets \| 2020 Acquisition
Business Acquisition [Line Items]
Identifiable intangible assets	$ 3,900
Intangible assets amortization period	10 years
vivaMOS Ltd. \| Non-compete Agreements \| 2020 Acquisition
Business Acquisition [Line Items]
Identifiable intangible assets	$ 140
Intangible assets amortization period	3 years
Fluortek Inc \| 2020 Acquisition
Business Acquisition [Line Items]
Acquired percent of the outstanding shares		100.00%
Acquisition of businesses, net of cash acquired		$ 125,260
Cash acquired from business acquisition		515
Acquisition of business, earn-out liability		19,843
Goodwill		76,047
Identifiable intangible assets		29,370
Fluortek Inc \| Customer Relationships \| 2020 Acquisition
Business Acquisition [Line Items]
Identifiable intangible assets		$ 19,700
Intangible assets amortization period		12 years
Fluortek Inc \| Trade Names \| 2020 Acquisition
Business Acquisition [Line Items]
Identifiable intangible assets		$ 1,500
Intangible assets amortization period		10 years
Fluortek Inc \| Technology-Based Intangible Assets \| 2020 Acquisition
Business Acquisition [Line Items]
Identifiable intangible assets		$ 7,400
Intangible assets amortization period		10 years
Fluortek Inc \| Non-compete Agreements \| 2020 Acquisition
Business Acquisition [Line Items]
Identifiable intangible assets		$ 770
Intangible assets amortization period		5 years

Divestiture - Asset and Liabili

Divestiture - Asset and Liabilities of the Core Components product line classified as held for sale (Details) - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020
Disposal Group, Including Discontinued Operation, Liabilities [Abstract]
Liabilities held for sale	$ 0	$ 13,148
Discontinued Operations, Held-for-sale
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Receivables - net	14,327
Inventories - net	9,854
Prepaid expenses and other current assets	696
Property, plant and equipment - net	58,950
Other assets	23,159
Impairment on carrying value	(87,371)
Assets held for sale	19,615
Disposal Group, Including Discontinued Operation, Liabilities [Abstract]
Accounts payable	4,625
Accrued liabilities	3,352
Other liabilities	5,171
Liabilities held for sale	$ 13,148

Divestiture - Additional Inform

Divestiture - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Impairment loss on assets held for sale	$ 0	$ 87,371	$ 0

Details of Consolidated Balan_3

Details of Consolidated Balance Sheet - Details of Consolidated Balance Sheet (Detail) - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020
Receivables:
Accounts	$ 479,594	$ 445,360
Notes	2,504	4,592
Other	14,843	30,966
Receivables, total	496,941	480,918
Allowance for doubtful accounts	(7,552)	(9,045)
Receivables-net	489,389	471,873
Inventories:
Raw materials and component parts	111,089	94,630
Work-in-process	54,557	44,403
Finished goods	211,628	183,860
Inventories gross	377,274	322,893
Obsolescence and other reserves	(45,863)	(41,315)
LIFO reserve	(4,216)	(4,545)
Inventories net	327,195	277,033
Property, plant and equipment:
Property, plant and equipment gross	889,360	849,809
Accumulated depreciation and amortization	(533,795)	(491,191)
Property, plant and equipment - net	355,565	358,618
Accrued liabilities:
Salaries and other compensation	87,066	52,260
Pension and retirement	5,622	10,282
Taxes other than income taxes	13,095	13,346
Customer commissions	10,460	9,158
Other	85,749	82,837
Accrued liabilities total	201,992	167,883
Land
Property, plant and equipment:
Property, plant and equipment gross	9,238	8,816
Land improvements
Property, plant and equipment:
Property, plant and equipment gross	4,786	4,611
Buildings
Property, plant and equipment:
Property, plant and equipment gross	263,399	253,621
Machinery and equipment
Property, plant and equipment:
Property, plant and equipment gross	491,180	464,171
Enterprise management system
Property, plant and equipment:
Property, plant and equipment gross	50,532	56,103
Construction-in-progress
Property, plant and equipment:
Property, plant and equipment gross	32,719	29,897
Leased property under finance leases
Property, plant and equipment:
Property, plant and equipment gross	$ 37,506	$ 32,590

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Summary of Changes in Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Goodwill [Line Items]
Beginning balance	$ 1,713,354	$ 1,614,739
Acquisitions		90,441
Other		(453)
Currency effect	(206)	8,627
Ending balance	1,713,148	1,713,354
Industrial Precision Solutions
Goodwill [Line Items]
Beginning balance	415,862	411,461
Acquisitions		0
Other		(453)
Currency effect	(842)	4,854
Ending balance	415,020	415,862
Advanced Technology Solutions
Goodwill [Line Items]
Beginning balance	1,297,492	1,203,278
Acquisitions		90,441
Other		0
Currency effect	636	3,773
Ending balance	$ 1,298,128	$ 1,297,492

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Goodwill [Line Items]
Goodwill accumulated impairment loss	$ 232,789	$ 232,789
Intangible assets, amortization expense	50,551	56,979	$ 54,790
Advanced Technology Solutions
Goodwill [Line Items]
Goodwill accumulated impairment loss	229,173	229,173
Industrial Coating Systems
Goodwill [Line Items]
Goodwill accumulated impairment loss	$ 3,616	$ 3,616

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Summary of Intangible Assets Subject to Amortization (Detail) - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Carrying Amount	$ 723,664	$ 722,674
Accumulated Amortization	366,297	315,088
Net Book Value	357,367	407,586
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Carrying Amount	483,815	483,568
Accumulated Amortization	226,658	193,617
Net Book Value	257,157	289,951
Patent/Technology Costs
Finite-Lived Intangible Assets [Line Items]
Carrying Amount	154,267	153,555
Accumulated Amortization	89,299	76,934
Net Book Value	64,968	76,621
Trade Names
Finite-Lived Intangible Assets [Line Items]
Carrying Amount	74,301	74,240
Accumulated Amortization	39,858	34,693
Net Book Value	34,443	39,547
Non-compete Agreements
Finite-Lived Intangible Assets [Line Items]
Carrying Amount	9,896	9,908
Accumulated Amortization	9,099	8,444
Net Book Value	797	1,464
Other
Finite-Lived Intangible Assets [Line Items]
Carrying Amount	1,385	1,403
Accumulated Amortization	1,383	1,400
Net Book Value	$ 2	$ 3

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Estimated Amortization Expense (Detail) $ in Thousands	Oct. 31, 2021USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Estimated Amortization Expense, 2022	$ 46,696
Estimated Amortization Expense, 2023	45,355
Estimated Amortization Expense, 2024	39,784
Estimated Amortization Expense, 2025	38,796
Estimated Amortization Expense, 2026	$ 37,530

Retirement, Pension and Other_3

Retirement, Pension and Other Postretirement Plans - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan vesting period	3 years
Expenses on retirement plan	$ 22,983	$ 20,265	$ 22,573
Retiree eligible age	65 years
Equity securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of target rate in return seeking assets	30.00%
Debt securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of target rate in return seeking assets	70.00%
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Method used to amortize net gains and losses, description	Net actuarial gains or losses are amortized to expense on a plan-by-plan basis when they exceed the accounting corridor, which is set at 10 percent of the greater of the plan assets or benefit obligations.
Accounting corridor, set percentage of greater of plan assets or benefit obligations	10.00%
Employer contribution in next fiscal year	$ 4,121
Pension Plans \| United States
Defined Benefit Plan Disclosure [Line Items]
Settlement loss	$ (4,111)	(2,508)	0
Percentage of World wide pension assets	93.00%
Pension Plans \| International
Defined Benefit Plan Disclosure [Line Items]
Settlement loss	$ (32)	$ 0	$ (470)
Weighted average crediting rates	0.50%	0.40%	0.60%
Percentage of World wide pension assets	7.00%
Retirement Plans
Defined Benefit Plan Disclosure [Line Items]
Method used to amortize net gains and losses, description	Net actuarial gains or losses are amortized to expense on a plan-by-plan basis when they exceed the accounting corridor, which is set at 10 percent of the greater of the plan assets or benefit obligations.
Accounting corridor, set percentage of greater of plan assets or benefit obligations	10.00%
Employer contribution in next fiscal year	$ 3,054
Due to Lump Sum Retirement Payments
Defined Benefit Plan Disclosure [Line Items]
Settlement loss	$ (4,143)	$ (2,508)	$ (470)

Retirement, Pension and Other_4

Retirement, Pension and Other Postretirement Plans - Reconciliation of the Benefit Obligations, Plan Assets, Accrued Benefit Cost and the Amount Recognized in Financial Statements for Pension Plans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Amounts recognized in accumulated other comprehensive (gain) loss:
Accumulated other comprehensive loss	$ (543)	$ (466)
Pension Plans \| United States
Change in benefit obligation:
Benefit obligation at beginning of year	615,768	551,997
Service cost	22,555	20,635	$ 14,587
Interest cost	13,652	15,824	18,304
Participant contributions	0	0
Amendments	0	0
Settlements	(9,016)	(4,992)
Curtailments	(2,436)	0
Foreign currency exchange rate change	0	0
Actuarial loss (gain)	4,561	47,788
Benefits paid	(17,813)	(15,484)
Benefit obligation at end of year	627,271	615,768	551,997
Change in plan assets:
Beginning balance	510,250	448,931
Actual return on plan assets	62,063	41,712
Company contributions	94,105	40,083
Participant contributions	0	0
Settlements	(9,016)	(4,992)
Foreign currency exchange rate change	0	0
Benefits paid	(17,813)	(15,484)
Ending balance	639,589	510,250	448,931
Funded status at end of year	12,318	(105,518)
Amounts recognized in financial statements:
Noncurrent asset	30,840	3,162
Accrued benefit liability	(799)	(5,211)
Long-term pension obligations	(17,723)	(103,469)
Total amount recognized in financial statements	12,318	(105,518)
Amounts recognized in accumulated other comprehensive (gain) loss:
Net actuarial loss	142,070	192,593
Prior service cost (credit)	48	(16)
Accumulated other comprehensive loss	142,118	192,577	178,290
Pension Plans \| International
Change in benefit obligation:
Benefit obligation at beginning of year	104,849	97,990
Service cost	2,120	2,099	1,933
Interest cost	887	1,025	1,670
Participant contributions	80	83
Amendments	15	0
Settlements	(714)	0
Curtailments	0	0
Foreign currency exchange rate change	1,024	2,814
Actuarial loss (gain)	(121)	2,729
Benefits paid	(2,091)	(1,891)
Benefit obligation at end of year	106,049	104,849	97,990
Change in plan assets:
Beginning balance	45,476	39,640
Actual return on plan assets	243	3,697
Company contributions	3,318	3,365
Participant contributions	80	83
Settlements	(714)	0
Foreign currency exchange rate change	962	582
Benefits paid	(2,091)	(1,891)
Ending balance	47,274	45,476	39,640
Funded status at end of year	(58,775)	(59,373)
Amounts recognized in financial statements:
Noncurrent asset	4,086	3,321
Accrued benefit liability	0	(634)
Long-term pension obligations	(62,861)	(62,060)
Total amount recognized in financial statements	(58,775)	(59,373)
Amounts recognized in accumulated other comprehensive (gain) loss:
Net actuarial loss	30,544	32,097
Prior service cost (credit)	(1,808)	(2,137)
Accumulated other comprehensive loss	28,736	29,960	31,484
Retirement Plans \| United States
Change in benefit obligation:
Benefit obligation at beginning of year	87,645	88,660
Service cost	778	666	545
Interest cost	1,805	2,345	2,984
Participant contributions	722	611
Foreign currency exchange rate change	0	0
Actuarial loss (gain)	(2,799)	(2,024)
Benefits paid	(2,861)	(2,613)
Benefit obligation at end of year	85,290	87,645	88,660
Change in plan assets:
Beginning balance	0	0
Company contributions	2,139	2,002
Participant contributions	722	611
Benefits paid	(2,861)	(2,613)
Ending balance	0	0	0
Funded status at end of year	(85,290)	(87,645)
Amounts recognized in financial statements:
Accrued benefit liability	(3,048)	(2,835)
Long-term pension obligations	(82,242)	(84,810)
Total amount recognized in financial statements	(85,290)	(87,645)
Amounts recognized in accumulated other comprehensive (gain) loss:
Net actuarial loss	21,456	25,614
Prior service cost (credit)	0	0
Accumulated other comprehensive loss	21,456	25,614	28,976
Retirement Plans \| International
Change in benefit obligation:
Benefit obligation at beginning of year	445	454
Service cost	15	15	16
Interest cost	12	13	19
Participant contributions	0	0
Foreign currency exchange rate change	33	(5)
Actuarial loss (gain)	(83)	(26)
Benefits paid	(6)	(6)
Benefit obligation at end of year	416	445	454
Change in plan assets:
Beginning balance	0	0
Company contributions	6	6
Participant contributions	0	0
Benefits paid	(6)	(6)
Ending balance	0	0	0
Funded status at end of year	(416)	(445)
Amounts recognized in financial statements:
Accrued benefit liability	(6)	(6)
Long-term pension obligations	(410)	(439)
Total amount recognized in financial statements	(416)	(445)
Amounts recognized in accumulated other comprehensive (gain) loss:
Net actuarial loss	(543)	(466)
Prior service cost (credit)	0	0
Accumulated other comprehensive loss	$ (543)	$ (466)	$ (482)

Retirement, Pension and Other_5

Retirement, Pension and Other Postretirement Plans - Summary of Changes in Accumulated Other Comprehensive (Gain) Loss (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Balance at beginning of year	$ (466)
Balance at end of year	(543)	$ (466)
Pension Plans \| United States
Defined Benefit Plan Disclosure [Line Items]
Balance at beginning of year	192,577	178,290
Net (gain) loss arising during the year	(29,091)	30,743
Prior service cost arising during the year	0	0
Net gain recognized during the year	(14,885)	(14,032)
Prior service credit recognized during the year	64	84
Settlement loss	(4,111)	(2,508)
Curtailment	(2,436)	0
Exchange rate effect during the year	0	0
Balance at end of year	142,118	192,577
Pension Plans \| International
Defined Benefit Plan Disclosure [Line Items]
Balance at beginning of year	29,960	31,484
Net (gain) loss arising during the year	1,220	305
Prior service cost arising during the year	15	0
Net gain recognized during the year	(3,144)	(2,972)
Prior service credit recognized during the year	303	290
Settlement loss	(32)	0
Curtailment	0	0
Exchange rate effect during the year	414	853
Balance at end of year	28,736	29,960
Retirement Plans \| United States
Defined Benefit Plan Disclosure [Line Items]
Balance at beginning of year	25,614	28,976
Net (gain) loss arising during the year	(2,799)	(2,024)
Net gain recognized during the year	(1,359)	(1,355)
Prior service credit recognized during the year	0	17
Exchange rate effect during the year	0	0
Balance at end of year	21,456	25,614
Retirement Plans \| International
Defined Benefit Plan Disclosure [Line Items]
Balance at beginning of year	(466)	(482)
Net (gain) loss arising during the year	(83)	(26)
Net gain recognized during the year	41	36
Prior service credit recognized during the year	0	0
Exchange rate effect during the year	(35)	6
Balance at end of year	$ (543)	$ (466)

Retirement, Pension and Other_6

Retirement, Pension and Other Postretirement Plans - Accumulated Benefit Obligation (Detail) - Pension Plans - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020
United States
For all plans:
Accumulated benefit obligation	$ 16,182	$ 508,671
Fair value of plan assets	0	444,723
For plans with projected benefit obligation in excess of plan assets:
Projected benefit obligation	18,522	553,403
Fair value of plan assets	0	444,723
International
For all plans:
Accumulated benefit obligation	85,559	85,189
Fair value of plan assets	32,306	30,797
For plans with projected benefit obligation in excess of plan assets:
Projected benefit obligation	95,221	93,491
Fair value of plan assets	$ 32,360	$ 30,797

Retirement, Pension and Other_7

Retirement, Pension and Other Postretirement Plans - Net Periodic Benefit Cost (Detail) - Pension Plans - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
United States
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 22,555	$ 20,635	$ 14,587
Interest cost	13,652	15,824	18,304
Expected return on plan assets	(28,410)	(24,667)	(23,341)
Amortization of prior service credit	(64)	(84)	(61)
Amortization of net actuarial loss	14,885	14,032	6,702
Settlement loss	4,111	2,508	0
Total benefit cost	26,729	28,248	16,191
International
Defined Benefit Plan Disclosure [Line Items]
Service cost	2,120	2,099	1,933
Interest cost	887	1,025	1,670
Expected return on plan assets	(1,585)	(1,273)	(1,592)
Amortization of prior service credit	(303)	(290)	(303)
Amortization of net actuarial loss	3,144	2,972	1,696
Settlement loss	32	0	470
Total benefit cost	$ 4,295	$ 4,533	$ 3,874

Retirement, Pension and Other_8

Retirement, Pension and Other Postretirement Plans - Weighted Average Assumptions Representing the Rates Used to Develop the Actuarial Present Value of Projected Benefit Obligation and the Net Periodic Benefit Costs (Detail)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Pension Plans \| United States
Assumptions used to determine benefit obligations at October 31:
Discount rate	3.02%	2.85%	3.25%
Rate of compensation increase	4.00%	4.00%	4.00%
Assumptions used to determine net benefit costs for the years ended October 31:
Discount rate - benefit obligation	2.85%	3.25%	4.53%
Discount rate - service cost	3.30%	3.56%	4.70%
Discount rate - interest cost	2.10%	2.78%	4.15%
Expected return on plan assets	5.75%	5.75%	6.00%
Rate of compensation increase	4.00%	4.00%	3.90%
Pension Plans \| International
Assumptions used to determine benefit obligations at October 31:
Discount rate	1.30%	1.01%	1.26%
Rate of compensation increase	2.90%	2.69%	3.12%
Assumptions used to determine net benefit costs for the years ended October 31:
Discount rate - benefit obligation	1.01%	1.26%	2.14%
Discount rate - service cost	0.93%	1.12%	1.82%
Discount rate - interest cost	0.80%	1.05%	1.90%
Expected return on plan assets	3.31%	3.22%	3.96%
Rate of compensation increase	2.69%	3.12%	3.12%
Retirement Plans \| United States
Assumptions used to determine benefit obligations at October 31:
Discount rate	2.98%	2.84%	3.27%
Health care cost trend rate	3.34%	3.40%	3.62%
Rate to which health care cost trend rate is assumed to incline/decline (ultimate trend rate)	3.15%	3.17%	3.24%
Year the rate reaches the ultimate trend rate	2031	2026	2026
Assumptions used to determine net benefit costs for the years ended October 31:
Discount rate - benefit obligation	2.84%	3.27%	4.56%
Discount rate - service cost	3.44%	3.61%	4.77%
Discount rate - interest cost	2.08%	2.79%	4.18%
Retirement Plans \| International
Assumptions used to determine benefit obligations at October 31:
Discount rate	3.43%	2.94%	3.03%
Health care cost trend rate	4.43%	4.22%	4.00%
Rate to which health care cost trend rate is assumed to incline/decline (ultimate trend rate)	4.05%	4.05%	4.05%
Year the rate reaches the ultimate trend rate	2040	2040	2040
Assumptions used to determine net benefit costs for the years ended October 31:
Discount rate - benefit obligation	2.94%	3.03%	3.88%
Discount rate - service cost	3.00%	3.05%	3.90%
Discount rate - interest cost	2.60%	2.88%	3.80%

Retirement, Pension and Other_9

Retirement, Pension and Other Postretirement Plans - Allocation of Pension Plan Assets (Detail) - Pension Plans	Oct. 31, 2021	Oct. 31, 2020
United States
Allocation of pension plan assets
Defined Benefit Plan, Actual Plan Asset Allocations	100.00%	100.00%
International
Allocation of pension plan assets
Defined Benefit Plan, Actual Plan Asset Allocations	100.00%	100.00%
Equity securities \| United States
Allocation of pension plan assets
Defined Benefit Plan, Actual Plan Asset Allocations	13.00%	11.00%
Equity securities \| International
Allocation of pension plan assets
Defined Benefit Plan, Actual Plan Asset Allocations	0.00%	0.00%
Debt securities \| United States
Allocation of pension plan assets
Defined Benefit Plan, Actual Plan Asset Allocations	46.00%	49.00%
Debt securities \| International
Allocation of pension plan assets
Defined Benefit Plan, Actual Plan Asset Allocations	0.00%	0.00%
Insurance contracts \| United States
Allocation of pension plan assets
Defined Benefit Plan, Actual Plan Asset Allocations	0.00%	0.00%
Insurance contracts \| International
Allocation of pension plan assets
Defined Benefit Plan, Actual Plan Asset Allocations	51.00%	54.00%
Pooled investment funds \| United States
Allocation of pension plan assets
Defined Benefit Plan, Actual Plan Asset Allocations	41.00%	39.00%
Pooled investment funds \| International
Allocation of pension plan assets
Defined Benefit Plan, Actual Plan Asset Allocations	48.00%	44.00%
Other \| United States
Allocation of pension plan assets
Defined Benefit Plan, Actual Plan Asset Allocations	0.00%	1.00%
Other \| International
Allocation of pension plan assets
Defined Benefit Plan, Actual Plan Asset Allocations	1.00%	2.00%

Retirement, Pension and Othe_10

Retirement, Pension and Other Postretirement Plans - Fair Values of Pension Plan Assets (Detail) - Pension Plans - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
United States
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 639,589	$ 510,250	$ 448,931
United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	377,536	309,091
United States \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	87,534	65,784
United States \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	290,002	243,307
International
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	47,274	45,476	39,640
International \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	24,512	25,255
International \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	519	759
International \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	23,993	24,496
Cash \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,467	1,331
Cash \| United States \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,467	1,331
Cash \| International \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	519	759
Cash \| International \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	519	759
Money market funds \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4,495	5,059
Money market funds \| United States \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4,495	5,059
Basic materials \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2,038	1,750
Basic materials \| United States \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2,038	1,750
Consumer goods \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4,360	5,024
Consumer goods \| United States \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4,360	5,024
Financial \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	3,753	4,745
Financial \| United States \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	3,753	4,745
Healthcare \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4,864	4,518
Healthcare \| United States \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4,864	4,518
Industrial goods \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	3,640	3,588
Industrial goods \| United States \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	3,640	3,588
Technology \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5,080	5,706
Technology \| United States \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5,080	5,706
Utilities \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	685
Utilities \| United States \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	685
Mutual funds \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	52,319	24,266
Mutual funds \| United States \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	52,319	24,266
U.S. Government \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	89,614	71,855
U.S. Government \| United States \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4,024	8,267
U.S. Government \| United States \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	85,590	63,588
Corporate \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	194,793	173,046
Corporate \| United States \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	194,793	173,046
Other \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	9,619	6,673
Other \| United States \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	9,619	6,673
Insurance contracts \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	23,993	24,496	$ 21,245
Insurance contracts \| International \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	23,993	24,496
Insurance contracts \| International \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	23,993	24,496
Other \| United States \| Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,494	845
Other \| United States \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,494	845
Real estate collective funds \| United States \| Investments Measured at Net Asset Value
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	44,056	38,996
Pooled investment funds \| United States \| Investments Measured at Net Asset Value
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	217,997	162,163
Pooled investment funds \| International \| Investments Measured at Net Asset Value
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 22,762	$ 20,221

Retirement, Pension and Othe_11

Retirement, Pension and Other Postretirement Plans - Changes in Level 3 plan assets (Detail) - Level 3 - Pension Plans - Insurance contracts - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Beginning balance	$ 24,496	$ 21,245
Assets held, end of year		1,739
Purchases	1,441	2,462
Sales	(541)	(1,495)
Settlements	(714)
Unrealized losses	(440)
Foreign currency translation	(249)	545
Ending balance	$ 23,993	$ 24,496

Retirement, Pension and Othe_12

Retirement, Pension and Other Postretirement Plans - Retiree Pension Benefit Payments (Detail) $ in Thousands	Oct. 31, 2021USD ($)
Pension Plans \| United States
Pension Plans Postretirement And Other Employee Benefits [Line Items]
2022	$ 20,460
2023	21,953
2024	23,331
2025	25,088
2026	26,570
2026-2030	156,178
Pension Plans \| International
Pension Plans Postretirement And Other Employee Benefits [Line Items]
2022	2,860
2023	2,826
2024	3,153
2025	3,395
2026	5,458
2026-2030	19,725
Retirement Plans \| United States
Pension Plans Postretirement And Other Employee Benefits [Line Items]
2022	3,048
2023	3,227
2024	3,423
2025	3,593
2026	3,753
2026-2030	20,376
Retirement Plans \| International
Pension Plans Postretirement And Other Employee Benefits [Line Items]
2022	6
2023	6
2024	6
2025	6
2026	9
2026-2030	$ 54

Retirement, Pension and Othe_13

Retirement, Pension and Other Postretirement Plans - Net Postretirement Benefit Cost (Detail) - Retirement Plans - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
United States
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 778	$ 666	$ 545
Interest cost	1,805	2,345	2,984
Amortization of prior service credit	0	(17)	(26)
Amortization of net actuarial (gain) loss	1,359	1,355	634
Total benefit cost	3,942	4,349	4,137
International
Defined Benefit Plan Disclosure [Line Items]
Service cost	15	15	16
Interest cost	12	13	19
Amortization of prior service credit	0	0	0
Amortization of net actuarial (gain) loss	(41)	(36)	(28)
Total benefit cost	$ (14)	$ (8)	$ 7

Income Taxes - Income Tax Expen

Income Taxes - Income Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Current:
U.S. federal	$ 41,983	$ 19,265	$ 40,012
State and local	4,429	984	3,429
Foreign	69,325	45,657	51,590
Total current	115,737	65,906	95,031
Deferred:
U.S. federal	6,631	(10,143)	1,470
State and local	1,470	(1,023)	633
Foreign	(4,030)	(2,790)	(3,121)
Total deferred	4,071	(13,956)	(1,018)
Income taxes	$ 119,808	$ 51,950	$ 94,013

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Income Tax [Line Items]
Earnings before income taxes of domestic operations	$ 287,409	$ 120,054	$ 222,435
U.S. federal corporate income tax rate	21.00%	21.00%	21.00%
Provisional tax expense (benefit) due to revaluation of tax assets and liabilities at reduced corporate tax rate	$ 5,982	$ 15,661	$ 4,866
Income Tax Expense (Benefit) on impairment charge	15,254
Earnings before income taxes of international operations	286,767	181,435	208,669
Undistributed earnings aggregated	1,255,112	1,045,389
Total unrecognized tax benefits	3,720	6,717	$ 2,909	$ 2,891
Total unrecognized tax benefits impact the effective tax rate	3,567	5,998
Accrued interest expense related to unrecognized tax benefits	859	2,179
Tax credit carryforwards	11,128
Tax credit carryforwards amount indefinite carryforward period	7,585
Capital loss carryforward	20,149
Indefinite carryforward period	16,596
Net change in the valuation allowance	8,092	$ 6,932
Valuation allowance relates to tax credits and loss carryforwards	14,141
Expires in 2028
Income Tax [Line Items]
Tax credit carryforwards amount to expires	3,543
2022 through 2039
Income Tax [Line Items]
Operating loss carryforwards	57,758
State
Income Tax [Line Items]
Operating loss carryforwards	34,680
Foreign
Income Tax [Line Items]
Operating loss carryforwards	$ 19,525

Income Taxes - Income Taxes Com

Income Taxes - Income Taxes Computed at the U.S. Statutory Rate and Income Tax (Detail)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Income Tax Disclosure [Abstract]
Statutory federal income tax rate	21.00%	21.00%	21.00%
Transition tax	0.00%	0.00%	1.46%
Share-based and other compensation	(0.30%)	(4.15%)	(0.55%)
Foreign tax rate variances, net of foreign tax credits	0.92%	1.51%	1.16%
State and local taxes, net of federal income tax benefit	0.81%	(0.01%)	0.74%
Amounts related to prior years	(0.18%)	(0.04%)	(0.55%)
Foreign-Derived Intangible Income Deduction	(1.19%)	(0.95%)	(1.51%)
Global Intangible Low-Taxed Income net of foreign tax credits	0.44%	0.97%	0.85%
Other – net	(0.63%)	(1.10%)	(0.79%)
Effective tax rate	20.87%	17.23%	21.81%

Income Taxes - Unrecognized Tax

Income Taxes - Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Income Tax Disclosure [Abstract]
Balance at beginning of year	$ 6,717	$ 2,909	$ 2,891
Additions based on tax positions related to the current year	370	370	370
Additions for tax positions of prior years	0	4,068	547
Reductions for tax positions of prior years	(350)	0	0
Settlements	0	137	0
Lapse of statute of limitations	(3,017)	(493)	(899)
Balance at end of year	$ 3,720	$ 6,717	$ 2,909

Income Taxes - Significant Comp

Income Taxes - Significant Components of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020
Deferred tax assets:
Employee benefits	$ 39,798	$ 70,838
Other accruals not currently deductible for taxes	17,499	16,207
Tax credit and loss carryforwards	19,269	20,268
Inventory adjustments	6,924	8,757
Total deferred tax assets	83,490	116,070
Valuation allowance	(14,141)	(22,233)
Total deferred tax assets	69,349	93,837
Deferred tax liabilities:
Depreciation and amortization	145,494	150,591
Other - net	941	410
Total deferred tax liabilities	146,435	151,001
Net deferred tax liabilities	$ (77,086)	$ (57,164)

Bank Lines of Credit (Details)

Bank Lines of Credit (Details) - Foreign Bank Debt - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020
Short-term Debt [Line Items]
Maximum borrowings available under bank lines of credit (all foreign banks)	$ 60,627	$ 74,766
Unused bank lines of credit	$ 57,082	$ 74,766

Long-Term Debt - Long-Term Debt

Long-Term Debt - Long-Term Debt (Detail) - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020
Debt Instrument [Line Items]
Notes Payable	$ 3,545	$ 0
Long-term Debt	817,475	1,109,256
Less current maturities	34,188	38,043
Less unamortized debt issuance costs	1,578	3,261
Long-term maturities	781,709	1,067,952
Senior notes, due 2022-2025
Debt Instrument [Line Items]
Senior notes	79,000	109,900
Senior notes, due 2022-2027
Debt Instrument [Line Items]
Senior notes	78,572	85,714
Senior notes, due 2023-2030
Debt Instrument [Line Items]
Senior notes	350,000	350,000
Term loan
Debt Instrument [Line Items]
Term loan	0	255,000
Euro loan, due 2023
Debt Instrument [Line Items]
Euro loan	$ 306,358	$ 308,642

Long-term Debt - Additional Inf

Long-term Debt - Additional Information (Detail) € in Thousands	1 Months Ended	12 Months Ended
	Apr. 30, 2019USD ($)	Oct. 31, 2021USD ($)	Oct. 31, 2020USD ($)	Mar. 31, 2020EUR (€)
Debt Instrument [Line Items]
Annual maturity of long term debt, 2022		$ 30,643,000
Annual maturity of long term debt, 2023		437,001,000
Annual maturity of long term debt, 2024		110,643,000
Annual maturity of long term debt, 2025		85,643,000
Annual maturity of long term debt, 2026		$ 50,000,000
Senior notes, due 2022-2025
Debt Instrument [Line Items]
Remaining weighted average life of notes		1 year 11 months 12 days
Weighted average interest rate for borrowings		3.10%
Senior notes, due 2023-2030
Debt Instrument [Line Items]
Remaining weighted average life of notes		4 years 14 days
Weighted average interest rate for borrowings		3.90%
Term Loan Facility \| Group of Banks
Debt Instrument [Line Items]
Term loan	$ 605,000,000
Euro loan, due 2023 \| Bank of America
Debt Instrument [Line Items]
Weighted average interest rate for borrowings		0.71%
Term Loan Due In March 2023 \| Bank of America \| Tranche One
Debt Instrument [Line Items]
Term loan \| €				€ 115,000
Term Loan Due In March 2023 \| Bank of America \| Tranche Two
Debt Instrument [Line Items]
Term loan \| €				€ 150,000
Senior notes, due 2022-2027
Debt Instrument [Line Items]
Remaining weighted average life of notes		3 years 2 months 12 days
Weighted average interest rate for borrowings		3.08%
Revolving Credit Agreement
Debt Instrument [Line Items]
Maximum borrowings available under bank lines of credit (all foreign banks)	$ 850,000,000
Credit facility, term	5 years
Outstanding balance		$ 0	$ 0
Revolving Credit Agreement \| Swing Line Loans
Debt Instrument [Line Items]
Maximum borrowings available under bank lines of credit (all foreign banks)	$ 75,000,000

Leases - Lease Cost and Additio

Leases - Lease Cost and Additional Lease Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Lease, Cost [Abstract]
Amortization of right of use assets	$ 6,929	$ 7,087
Interest	373	350
Finance Lease, Cost	7,302	7,437
Finance leases, Short-term and variable lease cost	1,445	1,478
Finance Leases, Lease, Cost	8,747	8,915
Operating lease cost	20,176	21,489
Operating leases, Short-term and variable lease cost	2,938	3,011
Total lease cost	$ 23,114	$ 24,500

Leases - Supplemental Informati

Leases - Supplemental Information for the Statement of Cash Flows (Details) $ in Thousands	12 Months Ended
	Oct. 31, 2021USD ($)
Lease, Cost [Abstract]
Finance Lease, Principal Payments	$ 6,624
Finance Lease, Weighted Average Remaining Lease Term	8 years 3 months 14 days
Finance Lease, Weighted Average Discount Rate, Percent	2.13%
Operating Lease, Payments	$ 20,231
Operating Lease, Weighted Average Remaining Lease Term	9 years 10 months 17 days
Operating Lease, Weighted Average Discount Rate, Percent	1.68%

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Lessee, Lease, Description [Line Items]
Rent expense for all operating leases	$ 20,618	$ 22,061	$ 19,131
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	19,745
Property, plant and equipment - net	$ 355,565	358,618
Assets Held under Capital Leases
Lessee, Lease, Description [Line Items]
Property, plant and equipment - net		$ 15,659

Leases - Finance and Operating

Leases - Finance and Operating Lease Maturity (Details) $ in Thousands	Oct. 31, 2021USD ($)
Finance Leases
2022	$ 6,162
2023	4,454
2024	2,498
2025	1,449
2026	1,063
Later years	7,527
Total minimum lease payments	23,153
Amounts representing interest	2,410
Present value of minimum lease payments	20,743
Operating Leases
2022	18,942
2023	16,071
2024	13,825
2025	11,717
2026	11,073
Later years	54,562
Total minimum lease payments	126,190
Amounts representing interest	11,283
Present value of minimum lease payments	$ 114,907

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - Recurring - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020
Assets:
Foreign currency forward contracts	$ 2,755	$ 2,700
Total assets at fair value	2,755	2,700
Liabilities:
Deferred compensation plans	9,115	12,304
Foreign currency forward contracts	4,507	5,937
Total liabilities at fair value	13,622	18,241
Level 1
Assets:
Foreign currency forward contracts	0	0
Total assets at fair value	0	0
Liabilities:
Deferred compensation plans	0	0
Foreign currency forward contracts	0	0
Total liabilities at fair value	0	0
Level 2
Assets:
Foreign currency forward contracts	2,755	2,700
Total assets at fair value	2,755	2,700
Liabilities:
Deferred compensation plans	9,115	12,304
Foreign currency forward contracts	4,507	5,937
Total liabilities at fair value	13,622	18,241
Level 3
Assets:
Foreign currency forward contracts	0	0
Total assets at fair value	0	0
Liabilities:
Deferred compensation plans	0	0
Foreign currency forward contracts	0	0
Total liabilities at fair value	$ 0	$ 0

Fair Value Measurements - Sch_2

Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis (Additional Information) (Detail)	12 Months Ended
	Oct. 31, 2021
Fair Value Disclosures [Abstract]
Executive officers and other highly compensated employees salary and annual cash incentive compensation deferrals percentage, maximum	100.00%
Executive officers share-based long-term incentive compensation deferrals percentage, maximum	90.00%

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Amounts and Fair Values of Financial Instruments, Other than Cash and Cash Equivalents, Receivables and Accounts Payable (Detail) - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020
Schedule Of Carrying Amounts And Fair Values Of Financial Instruments [Abstract]
Long-term debt (including current portion), Carrying Amount	$ 812,352	$ 1,105,995
Long-term debt (including current portion), Fair Value	$ 855,376	$ 1,170,073

Derivative Financial Instrume_3

Derivative Financial Instruments - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Maturity of foreign currency forward contracts	90 days
Gain (loss) on foreign currency derivative instruments	$ 1,485	$ (5,899)	$ 2,373
Change in unrealized gain loss on foreign currency derivative instruments	$ (7,411)	$ 4,367	$ (2,231)

Derivative Financial Instrume_4

Derivative Financial Instruments - Outstanding Currency, Forward Exchange Contracts (Detail) - Foreign Currency Forward Contracts - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020
Sell
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	$ 189,817	$ 255,779
Buy
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	610,391	552,966
Euro \| Sell
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	100,922	127,849
Euro \| Buy
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	325,581	259,510
Pound sterling \| Sell
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	50,333	36,943
Pound sterling \| Buy
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	79,934	71,380
Japanese yen \| Sell
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	14,338	23,262
Japanese yen \| Buy
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	45,436	41,133
Australian dollar \| Sell
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	709	179
Australian dollar \| Buy
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	10,088	9,084
Hong Kong dollar \| Sell
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	6,948	59,459
Hong Kong dollar \| Buy
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	44,831	81,199
Singapore dollar \| Sell
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	200	1,102
Singapore dollar \| Buy
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	18,029	17,350
Others \| Sell
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	16,367	6,985
Others \| Buy
Derivative [Line Items]
Notional Amounts of foreign currency derivative contracts	$ 86,492	$ 73,310

Capital Shares - Additional Inf

Capital Shares - Additional Information (Detail) - shares	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Equity [Line Items]
Convertible preferred shares, authorized (in shares)	10,000,000	10,000,000
Common shares, authorized (in shares)	160,000,000	160,000,000
Common shares, issued (in shares)	98,023,000	98,023,000
Common Shares Outstanding (in shares)	58,154,000	58,081,000
Preferred Class A
Equity [Line Items]
Convertible preferred shares, authorized (in shares)	10,000,000	10,000,000	10,000,000
Convertible preferred shares, outstanding (in shares)	0	0	0

Capital Shares - Capital Shares

Capital Shares - Capital Shares (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Equity [Abstract]
Number of Shares (in shares)	262	303	949
Total Amount	$ 55,033	$ 38,138	$ 114,790
Average per Share (in dollars per share)	$ 209.97	$ 125.70	$ 121.01

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized	900,000
Maximum number of common shares available for gran (in shares)	2,253,000
Periods of performance considered for calculating compensation expense	3 years
Executive officers and other highly compensated employees salary and annual cash incentive compensation deferrals percentage, maximum	100.00%
Executive officers share-based long-term incentive compensation deferrals percentage, maximum	90.00%
Number of common shares reserved for future issuance (in shares)	1,835,000
Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense related to director deferred compensation	$ 262,000	$ 175,000	$ 154,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercisable beginning period	1 year
Maximum rate of stock option, description	not exceeding 25 percent per year
Option expiring period	10 years
Normal retirement age	65 years
Period for options considered to be forfeited for retirees	12 months
Termination period on death or disability of option holder	12 months
Compensation expense recognized	$ 6,946,000	$ 10,087,000	$ 10,067,000
Unrecognized compensation cost related to nonvested stock option	$ 8,003,000
Weighted average period expected to be amortized, non vested shares	1 year 1 month 6 days
Weighted-average expected volatility used	31.00%	25.40%	24.30%
Weighted average grant date fair value of stock options granted (in dollars per share)	$ 56.02	$ 38.57	$ 31.74
Total intrinsic value of options exercised	$ 32,791,000	$ 65,783,000	$ 31,881,000
Cash received from the exercise of stock options	$ 31,780,000	50,853,000	26,020,000
Stock Options \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage	25.00%
Restricted Shares and Restricted Share Units \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant restricted shares transferred period	3 years
Restricted Shares and Restricted Share Units \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant restricted shares transferred period	1 year
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Normal retirement age	65 years
Weighted average period expected to be amortized, non vested shares	8 months 12 days
Period for restricted shares and share units considered to be forfeited for retirees	12 months
Restricted shares termination period for disability or death	12 months
Unrecognized compensation cost related to nonvested restricted stock	$ 1,409,000
Expense related to nonvested common shares	2,054,000	3,956,000	3,608,000
Common share dividends amount included in compensation cost	$ 43,000	87,000	84,000
Restricted Stock Unit
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average period expected to be amortized, non vested shares	10 months 24 days
Period for pro-rata vesting of shares or units for non-employee directors	12 months
Unrecognized compensation cost related to nonvested restricted stock	$ 8,573,000
Expense related to nonvested common shares	$ 6,264,000	$ 1,181,000	1,052,000
Performance Share Incentive Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value (in dollars per share)	$ 202.05	$ 201.50
Compensation expense	$ 7,178,000	$ (2,732,000)	$ 2,989,000
Cumulative amount recorded in shareholders' equity related to Long-Term Incentive Plan	$ 7,015,000	$ 1,557,000
Award requisite service period	3 years
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 15,271,000
Performance Share Incentive Awards \| November 26, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value (in dollars per share)			$ 120.12
Performance Share Incentive Awards \| August 1, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value (in dollars per share)			$ 138.53
Performance Share Incentive Awards \| November 25, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value (in dollars per share)		$ 160.02
Performance Share Incentive Awards \| March 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value (in dollars per share)		133.01
Performance Share Incentive Awards \| July 6, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value (in dollars per share)		$ 184.04
Deferred Compensation
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common share dividends amount included in compensation cost	$ 96,000	$ 276,000	$ 300,000
Executive officers and other highly compensated employees salary and annual cash incentive compensation deferrals percentage, maximum	100.00%
Executive officers share-based long-term incentive compensation deferrals percentage, maximum	90.00%

Stock-Based Compensation - Summ

Stock-Based Compensation - Summarized Activity Related to Stock Options (Detail) - Stock Options $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 31, 2021USD ($)$ / sharesshares
Number of Options
Beginning balance (in shares) \| shares	1,487
Granted (in shares) \| shares	93
Exercised (in shares) \| shares	(298)
Forfeited or expired (in shares) \| shares	(47)
Ending balance (in shares) \| shares	1,235
Expected to vest (in shares) \| shares	561
Exercisable (in shares) \| shares	671
Weighted˗Average Exercise Price Per Share
Beginning balance (in dollars per share) \| $ / shares	$ 122.45
Granted (in dollars per share) \| $ / shares	201.43
Exercised (in dollars per share) \| $ / shares	107.14
Forfeited or expired (in dollars per share) \| $ / shares	152.52
Ending balance (in dollars per share) \| $ / shares	130.93
Expected to vest (in dollars per share) \| $ / shares	155.55
Exercisable (in dollars per share) \| $ / shares	$ 110.21
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Aggregate Intrinsic Value, Outstanding \| $	$ 152,304
Aggregate Intrinsic Value, Expected to vest \| $	55,335
Aggregate Intrinsic Value, Exercisable \| $	$ 96,638
Weighted Average Remaining Term, Outstanding	6 years 1 month 6 days
Weighted Average Remaining Term, Expected to vest	7 years 3 months 18 days
Weighted Average Remaining Term, Exercisable	5 years

Stock-Based Compensation - Su_2

Stock-Based Compensation - Summarized Information on Currently Outstanding Options (Detail) shares in Thousands	12 Months Ended
	Oct. 31, 2021$ / sharesshares
$43 - $90
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price range, Lower range limit (in dollars per share)	$ 43
Exercise price range, Upper range limit (in dollars per share)	90
$91 - $140
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price range, Lower range limit (in dollars per share)	91
Exercise price range, Upper range limit (in dollars per share)	140
$141 - $201
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price range, Lower range limit (in dollars per share)	141
Exercise price range, Upper range limit (in dollars per share)	$ 201
Stock Options \| $43 - $90
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number outstanding (in shares) \| shares	204
Weighted-average remaining contractual life, in years	3 years 1 month 6 days
Weighted-average exercise price (in dollars per share)	$ 71.82
Number exercisable (in shares) \| shares	204
Weighted-average exercise price (in dollars per share)	$ 71.82
Stock Options \| $91 - $140
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number outstanding (in shares) \| shares	626
Weighted-average remaining contractual life, in years	6 years 3 months 18 days
Weighted-average exercise price (in dollars per share)	$ 122.31
Number exercisable (in shares) \| shares	399
Weighted-average exercise price (in dollars per share)	$ 120.24
Stock Options \| $141 - $201
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number outstanding (in shares) \| shares	405
Weighted-average remaining contractual life, in years	8 years 3 months 18 days
Weighted-average exercise price (in dollars per share)	$ 174.09
Number exercisable (in shares) \| shares	68
Weighted-average exercise price (in dollars per share)	$ 167.15

Stock-Based Compensation - Fair

Stock-Based Compensation - Fair Value Assumptions of Stock Options (Detail) - Stock Options	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility, Minimum	30.80%	24.50%	24.10%
Expected volatility, Maximum	32.60%	30.50%	24.50%
Expected dividend yield			1.04%
Risk-free interest rate, Minimum	0.43%	0.44%	2.84%
Risk-free interest rate, Maximum	0.77%	1.69%	2.95%
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	0.83%	0.87%
Expected life of the option (in years)	5 years 3 months 18 days	5 years 3 months 18 days	5 years 3 months 18 days
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	0.85%	1.16%
Expected life of the option (in years)	6 years 2 months 12 days	6 years 3 months 18 days	6 years 2 months 12 days

Stock-Based Compensation - Su_3

Stock-Based Compensation - Summarized Activity Related to Restricted Stock (Detail) - Restricted Stock shares in Thousands	12 Months Ended
	Oct. 31, 2021$ / sharesshares
Number of Shares
Beginning balance (in shares) \| shares	58
Granted (in shares) \| shares	0
Forfeited (in shares) \| shares	(6)
Vested (in shares) \| shares	(33)
Ending balance (in shares) \| shares	19
Weighted˗Average Grant Date Fair Value Per Share
Beginning balance (in dollars per share) \| $ / shares	$ 148.75
Granted (in dollars per share) \| $ / shares	0
Forfeited (in dollars per share) \| $ / shares	162.94
Vested (in dollars per share) \| $ / shares	141.32
Ending balance (in dollars per share) \| $ / shares	$ 157.36

Stock-Based Compensation - Su_4

Stock-Based Compensation - Summarized Activity Related to Restricted Stock Units (Detail) - Restricted Stock Unit shares in Thousands	12 Months Ended
	Oct. 31, 2021$ / sharesshares
Number of Shares
Beginning balance (in shares) \| shares	0
Granted (in shares) \| shares	87
Forfeited (in shares) \| shares	(14)
Vested (in shares) \| shares	(6)
Ending balance (in shares) \| shares	67
Weighted˗Average Grant Date Fair Value Per Share
Beginning balance (in dollars per share) \| $ / shares	$ 0
Granted (in dollars per share) \| $ / shares	202.41
Vested (in dollars per share) \| $ / shares	198.58
Ending balance (in dollars per share) \| $ / shares	202.81
Forfeited (in dollars per share) \| $ / shares	$ 202.06

Stock-Based Compensation - Su_5

Stock-Based Compensation - Summarized Activity Related to Director Deferred Compensation Shares (Detail) - Directors - Deferred Compensation Share Equivalent Units shares in Thousands	12 Months Ended
	Oct. 31, 2021$ / sharesshares
Number of Shares
Beginning balance (in shares) \| shares	120
Restricted share units vested (in shares) \| shares	4
Dividend equivalents (in shares) \| shares	1
Distributions (in shares) \| shares	(19)
Ending balance (in shares) \| shares	106
Weighted˗Average Grant Date Fair Value Per Share
Beginning balance (in dollars per share) \| $ / shares	$ 60.81
Restricted share units vested (in dollars per share) \| $ / shares	199.36
Dividend equivalents (in dollars per share) \| $ / shares	215.03
Distributions (in dollars per share) \| $ / shares	58.86
Ending balance (in dollars per share) \| $ / shares	$ 68.11

Operating Segments and Geogra_3

Operating Segments and Geographic Area Data - Additional Information (Detail) - segment	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Segment Reporting [Abstract]
Number of operating segments	2	3
Major customers	No single customer accounted for 10 percent or more of sales in 2021, 2020 or 2019.

Operating Segments and Geogra_4

Operating Segments and Geographic Area Data - Reportable Segments (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Segment Reporting Information [Line Items]
Net external sales	$ 2,362,209	$ 2,121,100	$ 2,194,226
Operating profit (loss)	615,127	349,545	483,113
Identifiable assets	3,790,961	3,674,656	3,516,447
Property, plant and equipment expenditures	38,303	50,535	64,244
Operating Segments
Segment Reporting Information [Line Items]
Net external sales	2,362,209	2,121,100	2,194,226
Depreciation and amortization	103,883	113,302	110,244
Operating profit (loss)	615,127	349,545	483,113
Identifiable assets	3,768,484	3,680,385	3,519,907
Property, plant and equipment expenditures	38,303	50,535	64,244
Operating Segments \| Industrial Precision Solutions
Segment Reporting Information [Line Items]
Net external sales	1,246,947	1,143,423	1,208,376
Depreciation and amortization	25,673	38,939	38,333
Operating profit (loss)	414,192	208,028	329,054
Identifiable assets	898,051	882,946	997,460
Property, plant and equipment expenditures	9,009	18,545	30,400
Operating Segments \| Advanced Technology Solutions
Segment Reporting Information [Line Items]
Net external sales	1,115,262	977,677	985,850
Depreciation and amortization	68,426	64,543	62,836
Operating profit (loss)	271,660	191,602	205,609
Identifiable assets	1,902,637	1,849,391	1,740,259
Property, plant and equipment expenditures	23,064	31,520	26,010
Corporate
Segment Reporting Information [Line Items]
Net external sales	0	0	0
Depreciation and amortization	9,784	9,820	9,075
Operating profit (loss)	(70,725)	(50,085)	(51,550)
Identifiable assets	967,796	948,048	782,188
Property, plant and equipment expenditures	$ 6,230	$ 470	$ 7,834

Operating Segments and Geogra_5

Operating Segments and Geographic Area Data - Sales and Long-lived Asset Information by Geographic Regions (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Net external sales
Net external sales	$ 2,362,209	$ 2,121,100	$ 2,194,226
Long-lived assets
Total long-lived assets	466,416	480,743	398,895
United States
Net external sales
Net external sales	789,303	755,642	758,383
Long-lived assets
Total long-lived assets	311,254	329,390	286,894
Americas
Net external sales
Net external sales	179,807	141,473	167,661
Long-lived assets
Total long-lived assets	11,624	2,307	1,948
Europe
Net external sales
Net external sales	617,492	536,636	571,596
Long-lived assets
Total long-lived assets	67,776	69,854	44,041
Japan
Net external sales
Net external sales	107,572	126,601	126,756
Long-lived assets
Total long-lived assets	18,318	22,733	6,169
Asia Pacific
Net external sales
Net external sales	668,035	560,748	569,830
Long-lived assets
Total long-lived assets	$ 57,444	$ 56,459	$ 59,843

Operating Segments and Geogra_6

Operating Segments and Geographic Area Data - Reconciliation of Segment Operating Profit to Consolidated Income Before Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Segment Reporting [Abstract]
Total profit for reportable segments	$ 615,127	$ 349,545	$ 483,113
Interest expense	(25,491)	(32,160)	(47,145)
Interest and investment income	2,150	1,681	1,844
Other - net	(17,610)	(17,577)	(6,708)
Income before income taxes	$ 574,176	$ 301,489	$ 431,104

Operating Segments and Geogra_7

Operating Segments and Geographic Area Data - Summary of Reconciliation of Consolidated Assets (Detail) - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Segment Reporting, Asset Reconciling Item [Line Items]
Total consolidated assets	$ 3,790,961	$ 3,674,656	$ 3,516,447
Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Total consolidated assets	3,768,484	3,680,385	3,519,907
Customer advance payments
Segment Reporting, Asset Reconciling Item [Line Items]
Total consolidated assets	77,868	42,323	41,131
Eliminations
Segment Reporting, Asset Reconciling Item [Line Items]
Total consolidated assets	$ (55,391)	$ (48,052)	$ (44,591)

Supplemental Information for _3

Supplemental Information for the Statement of Cash Flows - Supplemental Information for the Statement of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Cash operating activities:
Interest paid	$ 27,122	$ 31,095	$ 50,578
Income taxes paid	$ 106,942	$ 80,849	$ 104,326

Contingencies -Additional (Deta

Contingencies -Additional (Details) - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Accrual for environmental liability	$ 319	$ 360

Subsequent Events (Details)

Subsequent Events (Details) $ in Thousands	Nov. 01, 2021USD ($)
NDC Technologies \| Subsequent Event
Subsequent Event [Line Items]
Cash acquisition	$ 180,000,000

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts and Reserves (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Allowance for Doubtful Accounts
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Year	$ 9,045	$ 9,801	$ 9,580
Charged to Expense	32	2,165	2,254
Deductions	1,572	3,074	1,840
Currency Effects	47	153	(193)
Balance at End of Year	7,552	9,045	9,801
Inventory Obsolescence and Other Reserves
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Year	41,315	39,377	37,545
Charged to Expense	11,718	24,767	10,623
Deductions	7,436	23,255	8,720
Currency Effects	266	426	(71)
Balance at End of Year	$ 45,863	$ 41,315	$ 39,377