Valspar 10-Q 5 Mar 14 2014 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Jan. 24, 2014	Feb. 24, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	24-Jan-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Registrant Name	'VALSPAR CORP	'
Entity Central Index Key	'0000102741	'
Current Fiscal Year End Date	'--10-31	'
Entity Common Stock, Shares Outstanding	'	84,609,757

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Jan. 24, 2014	Oct. 25, 2013	Jan. 25, 2013
In Thousands, unless otherwise specified
Current Assets	'	'	'
Cash and cash equivalents	$192,591	$216,150	$248,642
Restricted Cash	3,241	3,550	19,893
Accounts and notes receivable less allowance (1/24/14 - $16,857; 10/25/13 - $16,939; 1/25/13 - $10,100)	669,975	771,396	585,539
Inventories	504,151	438,982	425,590
Deferred income taxes	40,440	41,855	43,637
Prepaid expenses and other	117,452	108,357	89,956
Total Current Assets	1,527,850	1,580,290	1,413,257
Goodwill	1,147,356	1,144,670	1,075,692
Intangibles, net	611,374	608,990	551,131
Other Assets	56,237	48,810	28,488
Long-Term Deferred Income Taxes	6,835	9,274	5,194
Property, plant and equipment, gross	1,650,065	1,630,641	1,428,427
Less accumulated depreciation	-1,017,153	-997,166	-871,522
Property, Plant and Equipment, net	632,912	633,475	556,905
Total Assets	3,982,564	4,025,509	3,630,667
Current Liabilities	'	'	'
Short-term debt	540,162	441,165	217,283
Current portion of long-term debt	0	0	39,737
Trade accounts payable	593,777	618,787	470,187
Income taxes	12,307	4,748	15,277
Other accrued liabilities	358,238	415,873	298,669
Total Current Liabilities	1,504,484	1,480,573	1,041,153
Long-Term Debt, Net of Current Portion	1,012,354	1,037,392	1,012,563
Deferred Income Taxes	240,679	242,387	217,025
Other Long-Term Liabilities	135,666	142,607	155,094
Total Liabilities	2,893,183	2,902,959	2,425,835
Stockholders' Equity	'	'	'
Common stock (Par Value - $0.50; Authorized - 250,000,000 shares; Shares issued, including shares in treasury - 118,442,624)	59,220	59,220	59,220
Additional paid-in capital	443,564	444,609	422,735
Retained earnings	1,680,309	1,648,980	1,475,246
Accumulated other comprehensive income (loss)	54,359	53,419	55,313
Less cost of common stock in treasury (1/24/14 - 33,433,761 shares; 10/25/13 - 32,648,667 shares; 1/25/13 - 28,901,406 shares)	-1,148,071	-1,083,678	-807,682
Total Stockholders' Equity	1,089,381	1,122,550	1,204,832
Total Liabilities and Stockholders' Equity	$3,982,564	$4,025,509	$3,630,667

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Jan. 24, 2014	Oct. 25, 2013	Jan. 25, 2013
In Thousands, except Share data, unless otherwise specified
Condensed Consolidated Balance Sheets [Abstract]	'	'	'
Accounts and notes receivable, allowance	$16,857	$16,939	$10,100
Common stock, par value	$0.50	$0.50	$0.50
Common stock, shares authorized	250,000,000	250,000,000	250,000,000
Common stock, shares issued, including shares in treasury	118,442,624	118,442,624	118,442,624
Treasury stock, shares	33,433,761	32,648,667	28,901,406

Condensed_Consolidated_Stateme

Condensed Consolidated Statements Of Operations (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013
Condensed Consolidated Statements Of Operations [Abstract]	'	'
Net Sales	$956,119	$875,242
Cost of Sales	630,960	580,891
Restructuring Charges - cost of sales	6,106	0
Gross Profit	319,053	294,351
Research and Development	30,558	30,783
Selling, General and Administrative	187,235	170,037
Restructuring Charges	5,700	0
Operating Expenses	223,493	200,820
Income (Loss) from Operations	95,560	93,531
Interest Expense	15,932	15,873
Other (Income) Expense - net	371	950
Income (Loss) before Income Taxes	79,257	76,708
Income Taxes	25,704	21,679
Net Income (Loss)	$53,553	$55,029
Net Income (Loss) Per Common Share - Basic	$0.63	$0.62
Net Income (Loss) Per Common Share - Diluted	$0.61	$0.60
Average number of common shares outstanding	'	'
- basic	85,147,728	89,477,591
- diluted	87,641,304	92,397,428
Dividends paid per common share	$0.26	$0.23

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements Of Comprehensive Income (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013
Condensed Consolidated Statements Of Comprehensive Income [Abstract]	'	'
Net Income (Loss)	$53,553	$55,029
Other comprehensive income (loss)	940	5,041
Comprehensive Income (Loss)	$54,493	$60,070

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements Of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013
Operating Activities:	'	'
Net income (loss)	$53,553	$55,029
Adjustments to reconcile net income (loss) to net cash (used in)/provided by operating activities:	'	'
Depreciation	26,098	18,933
Amortization	2,044	1,636
Stock-based compensation	4,708	7,954
(Gain)/loss on asset divestitures	-2,857	-2,071
Changes in certain assets and liabilities, net of effects of acquired businesses:	'	'
(Increase)/decrease in accounts and notes receivable	102,823	100,104
(Increase)/decrease in inventories and other assets	-81,254	-59,169
Increase/(decrease) in trade accounts payable and other accrued liabilities	-90,387	-126,637
Increase/(decrease) in income taxes payable	407	4,087
Increase/(decrease) in other deferred liabilities	-6,657	5,295
Other	839	-3,297
Net Cash (Used In)/Provided By Operating Activities	9,317	1,864
Investing Activities:	'	'
Purchases of property, plant and equipment	-20,991	-13,950
Acquisition of businesses, net of cash acquired	0	-34,811
Divestiture of businesses	4,716	0
Cash proceeds on disposal of assets	23	1,796
(Increase)/decrease in restricted cash	309	14
Net Cash (Used In)/Provided By Investing Activities	-15,943	-46,951
Financing Activities:	'	'
Net change in other borrowings	-22,910	-3,896
Net proceeds (repayments) of commercial paper	93,419	120,972
Proceeds from sale of treasury stock	1,588	9,832
Treasury stock purchases	-69,178	-72,992
Excess tax benefit from stock-based compensation	5,154	8,643
Dividends paid	-22,226	-20,679
Net Cash (Used In)/Provided By Financing Activities	-14,153	41,880
Increase/(Decrease) in Cash and Cash Equivalents	-20,779	-3,207
Effect of exchange rate changes on Cash and Cash Equivalents	-2,780	-1,478
Cash and Cash Equivalents at Beginning of Period	216,150	253,327
Cash and Cash Equivalents at End of Period	$192,591	$248,642

Basis_Of_Presentation

Basis Of Presentation	3 Months Ended
	Jan. 24, 2014
Basis Of Presentation [Abstract]	'
Basis Of Presentation	'
	NOTE 1 – BASIS OF PRESENTATION
	The accompanying unaudited condensed consolidated financial statements of The Valspar Corporation have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles (GAAP) for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the quarter ended January 24, 2014 are not necessarily indicative of the results that may be expected for the year ending October 31, 2014.
	Certain amounts in the 2013 financial statements have been reclassified to conform to the 2014 presentation. Such reclassifications had no effect on net income (loss), cash flows or stockholders' equity as previously reported.
	The Condensed Consolidated Balance Sheet at October 25, 2013 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by GAAP for complete financial statements.
	For further information, refer to the consolidated financial statements and footnotes thereto included in our annual report on Form 10-K for the year ended October 25, 2013.

Acquisitions

Acquisitions	3 Months Ended
	Jan. 24, 2014
Acquisitions [Abstract]	'
Acquisitions	'
	NOTE 2 – ACQUISITIONS
	On August 1, 2013, we purchased all the outstanding shares of Inver Holding S.r.l. (Inver Group), for total consideration of approximately $210,000, including the assumption of Inver Group's existing debt. Inver Group is an Italian-based industrial coatings company serving customers in Italy, France, the UK, Germany and other countries. The acquisition strengthens our presence in the large European industrial coatings market and broadens our range of technologies for the general industrial product line. Inver Group had net sales of approximately $200,000 in 2012. The acquisition was recorded in our Coatings segment in the fourth quarter of fiscal year 2013 at fair value and an allocation of the purchase price has been completed, with the exception of certain tax items. The assets, liabilities and operating results have been included in our financial statements from the date of acquisition.
	On December 28, 2012, we purchased Ace Hardware Corporation's paint manufacturing business, including two manufacturing facilities near Chicago, IL for approximately $35,000. We manufacture and supply paint to Ace Hardware Corporation for sale at Ace retail locations. The acquisition was recorded in our Paints segment at fair value and an allocation of the purchase price has been completed. The assets, liabilities and operating results have been included in our financial statements from the date of acquisition.
	Pro forma results of operations for the acquisitions noted above are not presented, as they were immaterial to the reported results.

Inventories

Inventories	3 Months Ended
	Jan. 24, 2014
Inventories [Abstract]	'
Inventories	'
	NOTE 3 – INVENTORIES
	The major classes of inventories consist of the following:
			January 24,		October 25,		January 25,
			2014		2013		2013
	Manufactured products	$	321,615	$	267,680	$	250,932
	Raw materials, supplies and work-in-progress		182,536		171,302		174,658
	Total Inventories	$	504,151	$	438,982	$	425,590

Goodwill_And_Other_Intangible_

Goodwill And Other Intangible Assets	3 Months Ended
	Jan. 24, 2014
Goodwill And Other Intangible Assets [Abstract]	'
Goodwill And Other Intangible Assets	'
	NOTE 4 – GOODWILL AND OTHER INTANGIBLE ASSETS
	The carrying amount of goodwill as of January 24, 2014 was $1,147,356, an increase of $2,686 from the end of fiscal year 2013. The increase was primarily due to foreign currency translation.
	Total intangible asset amortization expense for the three months ended January 24, 2014 was $2,044, compared to $1,636 for the same period last year. Estimated annual amortization expense for each of the five succeeding fiscal years based on the intangible assets as of January 24, 2014 is expected to be approximately $9,000.

Guarantees_And_Contractual_Obl

Guarantees And Contractual Obligations	3 Months Ended
	Jan. 24, 2014
Guarantees And Contractual Obligations [Abstract]	'
Guarantees And Contractual Obligations	'
	NOTE 5 – GUARANTEES AND CONTRACTUAL OBLIGATIONS
	Furniture Protection Plans and Warranties: In the U.S., we sell extended furniture protection plans and offer warranties for certain products. Revenue related to furniture protection plans is deferred and recognized over the contract life. Historical claims data is used to forecast claims payments over the contract period and revenue is recognized based on the forecasted claims payments. Actual claims costs are reflected in earnings in the period incurred. Anticipated losses are charged to earnings when identified. For product warranties, we estimate the costs that may be incurred under these warranties based on historical claims data and record a liability in the amount of such costs at the time revenue is recognized. Anticipated losses are charged to earnings when identified.
	We periodically assess the adequacy of these recorded amounts and adjust as necessary. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses can be estimated. The extended furniture protection plans that we enter into have fixed prices. To the extent the actual costs to complete contracts differ from the amounts estimated as of the date of the financial statements, gross margin would be affected in future periods when we revise our estimates.
	Changes in the recorded amounts included in other liabilities, both short-term and long-term, during the period are as follows:
			Three Months Ended
			January 24,			January 25,
			2014			2013
	Beginning balance, October	$	78,818		$	80,272
	Additional net deferred revenue/warranty accrual made during the period		3,542			4,107
	Warranty payments made during the period		(1,318	)		(2,353	)
	Ending Balance	$	81,042		$	82,026
	Contractual Purchase Commitments: We are obligated to make payments under contractual purchase commitments, including unconditional purchase obligations. The majority of our unconditional purchase obligations relate to the supply of raw materials with a five-year term. The contracts require the purchase of minimum quantities of raw materials, at current market prices. We have estimated our payment obligations under existing contracts using current market prices. Payments for contracts with remaining terms in excess of one year are summarized below:
		January 24,
			2014
	Remainder of 2014	$	—
	2015		66,468
	2016		76,592
	2017		—
	2018		—
	Thereafter		—
	Total	$	143,060
	Total payments relating to unconditional purchase obligations were approximately $15,014 in the three months ended January 24, 2014, compared to $13,017 in the three months ended January 25, 2013.

Fair_Value_Measurement

Fair Value Measurement	3 Months Ended
	Jan. 24, 2014
Fair Value Measurement [Abstract]	'
Fair Value Measurement	'
	NOTE 6 – FAIR VALUE MEASUREMENT
	We measure certain assets and liabilities at fair value or disclose the fair value of certain assets and liabilities recorded at cost in the Condensed Consolidated Financial Statements on both a recurring and non-recurring basis. Fair value is defined as an exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value accounting rules establish a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs. Observable inputs must be used when available. Observable inputs are inputs that market participants would use in valuing the asset or liability based on market data obtained from independent sources. Unobservable inputs are inputs that reflect our assumptions about the factors market participants would use in valuing the asset or liability based upon the best information available. Assets and liabilities measured at fair value are to be categorized into one of the three hierarchy levels based on the inputs used in the valuation. We classify assets and liabilities in their entirety based on the lowest level of input significant to the fair value measurement. Transfers of instruments between levels are recorded based on end of period values. There were no transfers between levels for all periods presented. The three levels are defined as follows:
	Level 1: Observable inputs based on quoted prices (unadjusted) in active markets for identical assets or liabilities.
	Level 2: Observable inputs based on quoted prices for similar assets and liabilities in active markets, or quoted prices for identical assets and liabilities in inactive markets.
	Level 3: Unobservable inputs that reflect an entity's own assumptions about what inputs a market participant would use in pricing the asset or liability based on the best information available in the circumstances.
	Recurring Fair Value Measurements
	The following tables provide information by level for assets and liabilities that are recorded at fair value on a recurring basis:
			Fair Value at		Fair Value Measurements Using Inputs Considered as
			24-Jan-14		Level 1		Level 2		Level 3
	Assets
	Cash equivalents	$	62,238	$	62,238	$	—	$	—
	Restricted cash 1		3,241		3,241		—		—
	Total Assets	$	65,479	$	65,479	$	—	$	—
	Liabilities
	Foreign currency contracts 2	$	398	$	—	$	398	$	—
	Total Liabilities	$	398	$	—	$	398	$	—
			Fair Value at		Fair Value Measurements Using Inputs Considered as
			25-Oct-13		Level 1		Level 2		Level 3
	Assets
	Cash equivalents	$	69,671	$	69,671	$	—	$	—
	Restricted cash 1		3,550		3,550		—		—
	Total Assets	$	73,221	$	73,221	$	—	$	—
	Liabilities
	Foreign currency contracts 2	$	145	$	—	$	145	$	—
	Total Liabilities	$	145	$	—	$	145	$	—
			Fair Value at		Fair Value Measurements Using Inputs Considered as
			25-Jan-13		Level 1		Level 2		Level 3
	Assets
	Cash equivalents	$	92,296	$	92,296	$	—	$	—
	Restricted cash 1		19,893		19,893		—		—
	Total Assets	$	112,189	$	112,189	$	—	$	—
	Liabilities
	Foreign currency contracts 2	$	5	$	—	$	5	$	—
	Total Liabilities	$	5	$	—	$	5	$	—
	1	Restricted cash represents cash that is restricted from withdrawal for contractual or legal reasons.
	2	Foreign currency contracts are included in prepaid expenses and other when in an asset position and other accrued liabilities when in a liability position in the Condensed Consolidated Balance Sheets. The fair market value was estimated using observable market data for similar financial instruments. See Note 7 for additional information on derivative financial instruments.
	The following tables provide information regarding the estimated fair value of our outstanding debt. We did not elect the option to report our debt at fair value in our Condensed Consolidated Balance Sheets.
			Fair Value at		Fair Value Measurements Using Inputs Considered as
			24-Jan-14		Level 1		Level 2		Level 3
	Debt 3
	Publicly traded debt	$	1,090,795	$	1,090,795	$	—	$	—
	Non-publicly traded debt		552,197		—		552,197		—
	Total Debt	$	1,642,992	$	1,090,795	$	552,197	$	—
			Fair Value at		Fair Value Measurements Using Inputs Considered as
			25-Oct-13		Level 1		Level 2		Level 3
	Debt 3
	Publicly traded debt	$	1,097,309	$	1,097,309	$	—	$	—
	Non-publicly traded debt		478,557		—		478,557		—
	Total Debt	$	1,575,866	$	1,097,309	$	478,557	$	—
			Fair Value at		Fair Value Measurements Using Inputs Considered as
			25-Jan-13		Level 1		Level 2		Level 3
	Debt 3
	Publicly traded debt	$	1,155,541	$	1,155,541	$	—	$	—
	Non-publicly traded debt		269,102		—		269,102		—
	Total Debt	$	1,424,643	$	1,155,541	$	269,102	$	—
	3	Debt is recorded at carrying value of $1,552,516, $1,478,557 and $1,269,583 on the Condensed Consolidated Balance Sheet as of January 24, 2014, October 25, 2013 and January 25, 2013, respectively. The fair value of our publicly traded debt is based on quoted prices (unadjusted) in active markets. The fair market value of our non-publicly traded debt was estimated using a discounted cash flow analysis based on our current borrowing costs for debt with similar maturities. In addition, the carrying values of our commercial paper included in non-publicly traded debt approximate the financial instrument's fair value as the maturities are less than three months. See Note 8 for additional information on debt.
	Nonrecurring Fair Value Measurements
	We measure certain assets at fair value on a nonrecurring basis. These assets primarily include assets acquired and liabilities assumed as part of an acquisition. See Note 2 for further information on our acquisitions.

Derivative_Financial_Instrumen

Derivative Financial Instruments	3 Months Ended
	Jan. 24, 2014
Derivative Financial Instruments [Abstract]	'
Derivative Financial Instruments	'
	NOTE 7 – DERIVATIVE FINANCIAL INSTRUMENTS
	We use derivative financial instruments to manage interest rate and foreign currency exchange risks. We enter into derivative financial instruments with high-credit quality counterparties and diversify our positions among such counterparties to reduce our exposure to credit losses. We do not have any credit-risk-related contingent features in our derivative contracts as of January 24, 2014.
	At January 24, 2014, we had $21,133 notional amount of foreign currency contracts that mature during fiscal year 2014. These foreign currency contracts have been designated as cash flow hedges with unrealized gains or losses recorded in accumulated other comprehensive income (loss). Gains and losses are reclassified from accumulated other comprehensive income (loss) to other expense (income) in the Statement of Operations when the underlying hedged item is realized. At January 25, 2013, we had $6,412 notional amount of foreign currency contracts maturing in fiscal year 2013. There was no material ineffectiveness related to these hedges during the quarters ended January 24, 2014 or January 25, 2013.
	At January 24, 2014 and January 25, 2013, we had no treasury lock contracts in place. The accumulated other comprehensive loss amount in our Condensed Consolidated Balance Sheets as of January 24, 2014 and January 25, 2013 represents the unamortized gains and losses, net of tax, from treasury lock contracts settled in the first quarter of 2012. Unamortized gains and loss are reclassified ratably to interest expense in our Condensed Consolidated Statements of Operations over the term of the related debt.
	Our derivative assets and liabilities subject to fair value measurement (see Note 6) include the following:
			Fair Value at		Fair Value at		Fair Value at
			24-Jan-14		25-Oct-13		25-Jan-13
	Assets
	Prepaid expenses and other:
	Foreign currency contracts	$	—	$	—	$	—
	Total Assets	$	—	$	—	$	—
	Liabilities
	Accrued liabilities other:
	Foreign currency contracts	$	398	$	145	$	5
	Total Liabilities	$	398	$	145	$	5
	Derivative gains (losses) recognized in AOCI1 and on the Condensed Consolidated Statements of Operations for the quarters ended January 24, 2014 and January 25, 2013, respectively, were as follows:
			Amount of Gain
			(Loss)
			recognized in		Statement of Operations		Gain (Loss) in
	Quarter Ended January 24, 2014		AOCI1		Classification		Income1
	Derivatives designated as cash flow hedges
	Foreign currency contracts	$	(253	)	Other income / (expense), net	$	(116	)
	Treasury lock contracts		320		Interest expense		(320	)
	Total derivatives designated as cash flow hedges	$	67		Total	$	(436	)
			Amount of Gain
			(Loss)
			recognized in		Statement of Operations		Gain (Loss) in
	Quarter Ended January 25, 2013		AOCI1		Classification		Income1
	Derivatives designated as cash flow hedges
	Foreign currency contracts	$	(20	)	Other income / (expense), net	$	(55	)
	Treasury lock contracts		319		Interest expense		(319	)
	Total derivatives designated as cash flow hedges	$	299		Total	$	(374	)
	1	Accumulated other comprehensive income (loss) (AOCI) is included in the Condensed Consolidated Balance Sheets in the Stockholders' Equity section and is reported net of tax. The amounts disclosed in the above table are reported pretax and represent the quarterly derivative activity.

Debt

Debt	3 Months Ended
	Jan. 24, 2014
Debt [Abstract]	'
Debt	'
	NOTE 8 – DEBT
	Our debt consists of the following:
			January 24,		October 25,		January 25,
			2014		2013		2013
	Short-term debt	$	540,162	$	441,165	$	217,283
	Current portion of long-term debt		—		—		39,737
	Long-term debt		1,012,354		1,037,392		1,012,563
	Total Debt	$	1,552,516	$	1,478,557	$	1,269,583
	The increase in short-term debt from October 25, 2013 was primarily due to commercial paper borrowings to fund share repurchases and normal seasonal cash flow requirements.
	Our credit facilities have covenants that require us to maintain certain financial ratios. We were in compliance with these covenants as of January 24, 2014. Our debt covenants do not limit, nor are they reasonably likely to limit, our ability to obtain additional debt or equity financing.
	We maintain an unsecured revolving credit facility with a syndicate of banks. On December 16, 2013, we entered into an amended and restated $750,000 credit facility with a syndicate of banks with a maturity date of December 14, 2018 to replace the previous $550,000 credit facility that was scheduled to expire December 31, 2014.
	To ensure availability of funds, we maintain uncommitted bank lines of credit sufficient to cover outstanding short-term borrowings. These arrangements are reviewed periodically for renewal and modification.

StockBased_Compensation

Stock-Based Compensation	3 Months Ended
	Jan. 24, 2014
Stock-Based Compensation [Abstract]	'
Stock-Based Compensation	'
	NOTE 9 – STOCK-BASED COMPENSATION
	Compensation expense associated with our stock-based compensation plans was $4,708 ($2,904 after tax) for the three months ended January 24, 2014, compared to $7,954 ($5,095 after tax) for the three months ended January 25, 2013.

Pensions_And_Other_Postretirem

Pensions And Other Postretirement Benefits	3 Months Ended
	Jan. 24, 2014
Pensions And Other Postretirement Benefits [Abstract]	'
Pensions And Other Postretirement Benefits	'
	NOTE 10 – PENSIONS AND OTHER POSTRETIREMENT BENEFITS
	We sponsor a number of defined benefit pension plans for certain hourly and salaried employees. The benefits for most of these plans are generally based on stated amounts for each year of service. We fund the plans in amounts consistent with the limits of allowable tax deductions.
	The net periodic benefit cost of the pension benefits was as follows:
			Three Months Ended
			January 24,			January 25,
			2014			2013
	Service cost	$	1,090		$	1,405
	Interest cost		3,700			3,345
	Expected return on plan assets		(4,959	)		(4,941	)
	Amortization of prior service cost		120			112
	Recognized actuarial (gain)/loss		1,543			2,457
	Net Periodic Benefit Cost	$	1,494		$	2,378
	The net periodic benefit cost of the post-retirement medical benefits was as follows:
		Three Months Ended
		January 24,				January 25,
			2014			2013
	Service cost	$	38		$	60
	Interest cost		95			90
	Amortization of prior service cost		(32	)		(32	)
	Recognized actuarial loss		92			117
	Net Periodic Benefit Cost	$	193		$	235

Income_Taxes

Income Taxes	3 Months Ended
	Jan. 24, 2014
Income Taxes [Abstract]	'
Income Taxes	'
	NOTE 11 – INCOME TAXES
	At October 25, 2013, we had a $15,363 liability recorded for gross unrecognized tax benefits (excluding interest and penalties). Of this total, $14,485 represents the amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate. During the first quarter of fiscal year 2014, we recorded a $1,200 income tax benefit related to a lapse in the statute of limitations for certain foreign unrecognized tax benefits. There were no material adjustments to our recorded liability for unrecognized tax benefits during the first quarter of fiscal year 2013.We recognize interest and penalties related to unrecognized tax benefits in income tax expense. As of October 25, 2013, we had accrued approximately $4,461 of interest and penalties relating to unrecognized tax benefits.
	During the first quarter of fiscal year 2014, we recorded tax expense of $300 relating to foreign tax law changes. During the first quarter of fiscal year 2013, we recorded a $1,750 income tax benefit related to the retroactive extension of the U.S. Research and Development Credit and a $1,260 benefit for changes in the prior-year tax accrual estimates.
	The company and its subsidiaries file income tax returns in the U.S. federal jurisdiction, and numerous state and foreign jurisdictions. With few exceptions, we are no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2008. We are currently under audit in several state and foreign jurisdictions. We also expect various statutes of limitation to expire during the next 12 months. While we do not expect any material adjustments in the next 12 months due to the pending audit activity or expiring statutes, we are unable to estimate a range of outcomes at this time.

Net_Income_Loss_Per_Common_Sha

Net Income (Loss) Per Common Share	3 Months Ended
	Jan. 24, 2014
Net Income (Loss) Per Common Share [Abstract]	'
Net Income (Loss) Per Common Share	'
	NOTE 12 – NET INCOME (LOSS) PER COMMON SHARE
	The following table presents the net income (loss) per common share calculations for the three months ended January 24, 2014 and January 25, 2013:
		Three Months Ended
			January 24,	January 25,
			2014	2013
	Basic
	Net income (loss)	$	53,553	$	55,029
	Weighted-average common shares outstanding – basic		85,147,728		89,477,591
	Net Income (Loss) per Common Share – Basic	$	0.63	$	0.62
	Diluted
	Net income (loss)	$	53,553	$	55,029
	Weighted-average common shares outstanding – basic		85,147,728		89,477,591
	Dilutive effect of stock options and unvested restricted stock		2,493,576		2,919,837
	Equivalent average common shares outstanding – diluted		87,641,304		92,397,428
	Net Income (Loss) per Common Share – Diluted	$	0.61	$	0.6
	Basic earnings per share are based on the weighted-average number of common shares outstanding during each period. In computing diluted earnings per share, the number of common shares outstanding is increased by common stock options with exercise prices lower than the average market prices of common shares during each period and reduced by the number of shares assumed to have been purchased with proceeds from the exercised options. If we are in a net loss position, these shares are excluded as they are antidilutive. Potential common shares of 282,551 and 213,210 related to our outstanding stock options were excluded from the computation of diluted earnings per share for the three months ended January 24, 2014 and January 25, 2013, respectively, as inclusion of these shares would have been antidilutive.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Jan. 24, 2014
Accumulated Other Comprehensive Income (Loss) [Abstract]	'
Accumulated Other Comprehensive Income (Loss)	'
	NOTE 13 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
	Accumulated other comprehensive income (loss), net of tax, consisted of the following for the first quarter of 2014 and 2013:
												Accumulated
			Foreign									Other
			Currency			Benefit			Financial			Comprehensive
			Translation1			Obligations2			Instruments3			Income (Loss)
	Balance, October 25, 2013	$	133,603		$	(70,940	)	$	(9,244	)	$	53,419
	Other comprehensive income before reclassifications		(727	)		—			(369	)		(1,096	)
	Amounts reclassified from accumulated other
	comprehensive income	$	—		$	1,723		$	313		$	2,036
	Balance, January 24, 2014	$	132,876		$	(69,217	)	$	(9,300	)	$	54,359
	Balance, October 26, 2012	$	159,610		$	(99,407	)	$	(9,931	)	$	50,272
	Other comprehensive income (loss), net of tax		4,865			—			176			5,041
	Balance, January 25, 2013	$	164,475		$	(99,407	)	$	(9,755	)	$	55,313
	1	We deem our foreign investments to be permanent in nature and therefore do not provide for taxes on foreign currency translation adjustments.
	2	Taxes on benefit obligations are recorded in the fourth quarter of each fiscal year.
	3	Amounts reclassified from accumulated other comprehensive income for financial instruments were net of taxes of $123 for financial instruments for the first quarter of 2014.
	Amounts related to financial instruments are reclassified to net income based on the nature of the adjustment. See Note 7 for further information on financial instrument reclassifications.
	Amounts related to pension and post-retirement medical adjustments are reclassified to pension cost, which is allocated to cost of sales and operating expenses based on salaries and wages, approximately as follows (in thousands):
			Three Months Ended
			January 24, 2014
	Cost of sales	$	673
	Research and Development		222
	Selling, General and Administrative		828
	Total Before Income Taxes	$	1,723

Segment_Information

Segment Information	3 Months Ended
	Jan. 24, 2014
Segment Information [Abstract]	'
Segment Information	'
	NOTE 14 – SEGMENT INFORMATION
	Based on the nature of our products, technology, manufacturing processes, customers and regulatory environment, we aggregate our operating segments into two reportable segments: Coatings and Paints. We are required to report segment information in the same way that management internally organizes its business for assessing performance and making decisions regarding allocation of resources. We evaluate the performance of operating segments and allocate resources based on profit or loss from operations before interest expense and taxes (EBIT).
	The Coatings segment aggregates our industrial product lines and our packaging product line. Industrial products include a broad range of decorative and protective coatings for metal, wood and plastic. Packaging products include both interior and exterior coatings used in metal packaging containers, principally food containers and beverage cans. The products of this segment are sold throughout the world.
	The Paints segment aggregates our consumer paints and automotive refinish product lines. Consumer paint products include interior and exterior decorative paints, stains, primers, varnishes, high performance floor paints and specialty decorative products, such as enamels, aerosols and faux finishes primarily distributed for the do-it-yourself and professional markets in Australia, China and North America. Automotive paint products include refinish paints and aerosol spray paints sold through automotive refinish distributors, body shops and automotive supply distributors and retailers in many countries around the world.
	Our remaining activities are included in Other and Administrative (formerly All Other). These activities include specialty polymers and colorants that are used internally and sold to other coatings manufacturers, as well as related products and furniture protection plans. Also included within Other and Administrative are our corporate administrative expenses. The administrative expenses include expenses not directly allocated to any other reportable segment.
	In the following table, sales between segments are recorded at selling prices that are below market prices, generally intended to recover internal costs. Segment EBIT includes income realized on inter-segment sales. Comparative segment data for the first quarter of 2014 and 2013 was as follows:
			Three Months Ended
			January 24,			January 25,
			2014			2013
	Net Sales
	Coatings	$	548,585		$	497,616
	Paints		361,405			329,079
	Other and Administrative		89,715			81,617
	Less Intersegment Sales		(43,586	)		(33,070	)
	Total Net Sales	$	956,119		$	875,242
	EBIT
	Coatings	$	69,975		$	74,340
	Paints		30,997			22,543
	Other and Administrative		(5,783	)		(4,302	)
	Total EBIT		95,189			92,581
	Interest expense		15,932			15,873
	Income Before Income Taxes	$	79,257		$	76,708
	It is not practicable to obtain the information needed to disclose revenues attributable to each of our identified product lines within our reportable segments.

Restructuring

Restructuring	3 Months Ended
	Jan. 24, 2014
Restructuring [Abstract]	'
Restructuring	'
	NOTE 15 – RESTRUCTURING
	Restructuring charges in the first quarter of fiscal year 2014 related primarily to initiatives that began in fiscal year 2013, including the following: (i) actions in the Paints segment to consolidate manufacturing and distribution operations following the acquisition of Ace Hardware Corporation's paint manufacturing business, and ongoing profit improvement plans in Australia, (ii) actions in our Coatings segment to consolidate manufacturing operations in Europe following the acquisition of the Inver Group, and other actions to rationalize manufacturing operations and lower operating expenses, and (iii) overall initiatives to improve our global cost structure, including non-manufacturing headcount reductions. These restructuring activities resulted in pre-tax charges of $11,806 in the first quarter of fiscal year 2014. These restructuring activities resulted in pre-tax charges of $36,433 for the full fiscal year 2013. There were no restructuring charges in the first quarter of fiscal 2013. Included in restructuring charges in the first quarter of fiscal year 2014 is $5,265 in non-cash pre-tax asset impairment charges. See Note 2 in Notes to Condensed Consolidated Financial Statements for further information on our Inver Group acquisition.
	The following restructuring charges by segment were recorded in the first quarter of 2014 and 2013:
			Liability							Liability
			Beginning							Ending
			Balance							Balance
	Three Months Ended January 24, 2014		10/25/13		Expense		Activity			1/24/14
	Coatings
	Severance and employee benefits	$	18,899	$	3,855	$	(4,172	)	$	18,582
	Asset impairments		—		4,200		(4,200	)		—
	Exit costs (consulting/site clean-up)		119		565		(570	)		114
	Total Coatings		19,018		8,620		(8,942	)		18,696
	Paints
	Severance and employee benefits		6,118		1,754		(3,872	)		4,000
	Asset impairments		—		1,065		(1,065	)		—
	Exit costs (consulting/site clean-up)		2,196		—		(9	)		2,187
	Total Paints		8,314		2,819		(4,946	)		6,187
	Other and Administrative
	Severance and employee benefits		1,791		367		(1,059	)		1,099
	Total Other and Administrative		1,791		367		(1,059	)		1,099
	Total	$	29,123	$	11,806	$	(14,947	)	$	25,982
			Liability							Liability
			Beginning							Ending
			Balance							Balance
	Three Months Ended January 25, 2013		10/26/12		Expense		Activity			1/25/13
	Coatings
	Severance and employee benefits	$	2,234	$	—	$	(123	)	$	2,111
	Exit costs (consulting/site clean-up)		390		—		(129	)		261
	Total Coatings		2,624		—		(252	)		2,372
	Paints
	Severance and employee benefits		2,104		—		(1,695	)		409
	Exit costs (consulting/site clean-up)		3,984		—		(553	)		3,431
	Total Paints		6,088		—		(2,248	)		3,840
	Other and Administrative
	Severance and employee benefits		297		—		(52	)		245
	Total Other and Administrative		297		—		(52	)		245
	Total	$	9,009	$	—	$	(2,552	)	$	6,457
	The ending liability balance at January 24, 2014 and at January 25, 2013 was included in other accrued liabilities on our Condensed Consolidated Balance Sheets. The restructuring reserve balances presented are considered adequate to cover committed restructuring actions. The restructuring expenses recorded are included in the Condensed Consolidated Statements of Operations. For the three months ended January 24, 2014, $6,106 was charged to cost of sales and $5,700 was charged to selling, general and administrative (SG&A) expenses. For the three months ended January 25, 2013 there were no restructuring charges recorded.

Recently_Issued_Accounting_Sta

Recently Issued Accounting Standards	3 Months Ended
	Jan. 24, 2014
Recently Issued Accounting Standards [Abstract]	'
Recently Issued Accounting Standards	'
	NOTE 16 – RECENTLY ISSUED ACCOUNTING STANDARDS
	In July 2013, the Financial Accounting Standards Board ("FASB") issued guidance on classification of an unrecognized tax benefit. An unrecognized tax benefit should be presented as a reduction of a deferred tax asset for a net operating loss carry-forward or other tax credit carry-forward when settlement in this manner is available under the tax law. The change is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013, which means the first quarter of our fiscal year 2015, and is to be applied prospectively. We do not expect the adoption of this accounting guidance to have an effect on our consolidated financial statements.
	In March 2013, the FASB issued guidance on a parent's accounting for the cumulative translation adjustment (CTA) under certain circumstances. The new guidance requires a transfer from CTA into net income when a parent either sells a part or all of its investment in a foreign entity, or no longer holds a controlling financial interest in a subsidiary or group of assets that is a business. This update aims to resolve diversity in practice in accounting for the CTA transfer into net income. The change is effective for fiscal years, and interim reporting periods within those years, beginning after December 15, 2013, which means the first quarter of our fiscal year 2015, and is to be applied prospectively. We do not expect the adoption of these updated disclosure requirements to have an effect on our consolidated results of operations, financial condition or liquidity.

Inventories_Tables

Inventories (Tables)	3 Months Ended
	Jan. 24, 2014
Inventories [Abstract]	'
Schedule Of Inventories	'
			January 24,		October 25,		January 25,
			2014		2013		2013
	Manufactured products	$	321,615	$	267,680	$	250,932
	Raw materials, supplies and work-in-progress		182,536		171,302		174,658
	Total Inventories	$	504,151	$	438,982	$	425,590

Guarantees_And_Contractual_Obl1

Guarantees And Contractual Obligations (Tables)	3 Months Ended
	Jan. 24, 2014
Guarantees And Contractual Obligations [Abstract]	'
Deferred Revenue And Warranties For Certain Products Disclosure	'
			Three Months Ended
			January 24,			January 25,
			2014			2013
	Beginning balance, October	$	78,818		$	80,272
	Additional net deferred revenue/warranty accrual made during the period		3,542			4,107
	Warranty payments made during the period		(1,318	)		(2,353	)
	Ending Balance	$	81,042		$	82,026
Schedule Of Contractual Purchase Commitments	'
		January 24,
			2014
	Remainder of 2014	$	—
	2015		66,468
	2016		76,592
	2017		—
	2018		—
	Thereafter		—
	Total	$	143,060

Fair_Value_Measurement_Tables

Fair Value Measurement (Tables)	3 Months Ended
	Jan. 24, 2014
Fair Value Measurement [Abstract]	'
Schedule Of Fair Value Of Assets And Liabilities	'
			Fair Value at		Fair Value Measurements Using Inputs Considered as
			24-Jan-14		Level 1		Level 2		Level 3
	Assets
	Cash equivalents	$	62,238	$	62,238	$	—	$	—
	Restricted cash 1		3,241		3,241		—		—
	Total Assets	$	65,479	$	65,479	$	—	$	—
	Liabilities
	Foreign currency contracts 2	$	398	$	—	$	398	$	—
	Total Liabilities	$	398	$	—	$	398	$	—
			Fair Value at		Fair Value Measurements Using Inputs Considered as
			25-Oct-13		Level 1		Level 2		Level 3
	Assets
	Cash equivalents	$	69,671	$	69,671	$	—	$	—
	Restricted cash 1		3,550		3,550		—		—
	Total Assets	$	73,221	$	73,221	$	—	$	—
	Liabilities
	Foreign currency contracts 2	$	145	$	—	$	145	$	—
	Total Liabilities	$	145	$	—	$	145	$	—
			Fair Value at		Fair Value Measurements Using Inputs Considered as
			25-Jan-13		Level 1		Level 2		Level 3
	Assets
	Cash equivalents	$	92,296	$	92,296	$	—	$	—
	Restricted cash 1		19,893		19,893		—		—
	Total Assets	$	112,189	$	112,189	$	—	$	—
	Liabilities
	Foreign currency contracts 2	$	5	$	—	$	5	$	—
	Total Liabilities	$	5	$	—	$	5	$	—
	1	Restricted cash represents cash that is restricted from withdrawal for contractual or legal reasons.
	2	Foreign currency contracts are included in prepaid expenses and other when in an asset position and other accrued liabilities when in a liability position in the Condensed Consolidated Balance Sheets. The fair market value was estimated using observable market data for similar financial instruments. See Note 7 for additional information on derivative financial instruments.
Schedule Of Fair Value Of Debt	'
			Fair Value at		Fair Value Measurements Using Inputs Considered as
			24-Jan-14		Level 1		Level 2		Level 3
	Debt 3
	Publicly traded debt	$	1,090,795	$	1,090,795	$	—	$	—
	Non-publicly traded debt		552,197		—		552,197		—
	Total Debt	$	1,642,992	$	1,090,795	$	552,197	$	—
			Fair Value at		Fair Value Measurements Using Inputs Considered as
			25-Oct-13		Level 1		Level 2		Level 3
	Debt 3
	Publicly traded debt	$	1,097,309	$	1,097,309	$	—	$	—
	Non-publicly traded debt		478,557		—		478,557		—
	Total Debt	$	1,575,866	$	1,097,309	$	478,557	$	—
			Fair Value at		Fair Value Measurements Using Inputs Considered as
			25-Jan-13		Level 1		Level 2		Level 3
	Debt 3
	Publicly traded debt	$	1,155,541	$	1,155,541	$	—	$	—
	Non-publicly traded debt		269,102		—		269,102		—
	Total Debt	$	1,424,643	$	1,155,541	$	269,102	$	—
	3	Debt is recorded at carrying value of $1,552,516, $1,478,557 and $1,269,583 on the Condensed Consolidated Balance Sheet as of January 24, 2014, October 25, 2013 and January 25, 2013, respectively. The fair value of our publicly traded debt is based on quoted prices (unadjusted) in active markets. The fair market value of our non-publicly traded debt was estimated using a discounted cash flow analysis based on our current borrowing costs for debt with similar maturities. In addition, the carrying values of our commercial paper included in non-publicly traded debt approximate the financial instrument's fair value as the maturities are less than three months. See Note 8 for additional information on debt.

Derivative_Financial_Instrumen1

Derivative Financial Instruments (Tables)	3 Months Ended
	Jan. 24, 2014
Derivative Financial Instruments [Abstract]	'
Description Of Derivative Assets And Liabilities To Fair Value Measurement	'
			Fair Value at		Fair Value at		Fair Value at
			24-Jan-14		25-Oct-13		25-Jan-13
	Assets
	Prepaid expenses and other:
	Foreign currency contracts	$	—	$	—	$	—
	Total Assets	$	—	$	—	$	—
	Liabilities
	Accrued liabilities other:
	Foreign currency contracts	$	398	$	145	$	5
	Total Liabilities	$	398	$	145	$	5
Derivative Gains (Losses) Recognized In Accumulated Other Comprehensive Income And Statement Of Income Classification	'
			Amount of Gain
			(Loss)
			recognized in		Statement of Operations		Gain (Loss) in
	Quarter Ended January 24, 2014		AOCI1		Classification		Income1
	Derivatives designated as cash flow hedges
	Foreign currency contracts	$	(253	)	Other income / (expense), net	$	(116	)
	Treasury lock contracts		320		Interest expense		(320	)
	Total derivatives designated as cash flow hedges	$	67		Total	$	(436	)
			Amount of Gain
			(Loss)
			recognized in		Statement of Operations		Gain (Loss) in
	Quarter Ended January 25, 2013		AOCI1		Classification		Income1
	Derivatives designated as cash flow hedges
	Foreign currency contracts	$	(20	)	Other income / (expense), net	$	(55	)
	Treasury lock contracts		319		Interest expense		(319	)
	Total derivatives designated as cash flow hedges	$	299		Total	$	(374	)
	1	Accumulated other comprehensive income (loss) (AOCI) is included in the Condensed Consolidated Balance Sheets in the Stockholders' Equity section and is reported net of tax. The amounts disclosed in the above table are reported pretax and represent the quarterly derivative activity.

Debt_Tables

Debt (Tables)	3 Months Ended
	Jan. 24, 2014
Debt [Abstract]	'
Schedule Of Debt Instruments	'
			January 24,		October 25,		January 25,
			2014		2013		2013
	Short-term debt	$	540,162	$	441,165	$	217,283
	Current portion of long-term debt		—		—		39,737
	Long-term debt		1,012,354		1,037,392		1,012,563
	Total Debt	$	1,552,516	$	1,478,557	$	1,269,583

Pensions_And_Other_Postretirem1

Pensions And Other Postretirement Benefits (Tables)	3 Months Ended
	Jan. 24, 2014
Pensions And Other Postretirement Benefits [Abstract]	'
Schedule Of Periodic Benefit Cost	'
	The net periodic benefit cost of the pension benefits was as follows:
			Three Months Ended
			January 24,			January 25,
			2014			2013
	Service cost	$	1,090		$	1,405
	Interest cost		3,700			3,345
	Expected return on plan assets		(4,959	)		(4,941	)
	Amortization of prior service cost		120			112
	Recognized actuarial (gain)/loss		1,543			2,457
	Net Periodic Benefit Cost	$	1,494		$	2,378
	The net periodic benefit cost of the post-retirement medical benefits was as follows:
		Three Months Ended
		January 24,				January 25,
			2014			2013
	Service cost	$	38		$	60
	Interest cost		95			90
	Amortization of prior service cost		(32	)		(32	)
	Recognized actuarial loss		92			117
	Net Periodic Benefit Cost	$	193		$	235

Net_Income_Loss_Per_Common_Sha1

Net Income (Loss) Per Common Share (Tables)	3 Months Ended
	Jan. 24, 2014
Net Income (Loss) Per Common Share [Abstract]	'
Schedule Of Calculations Of Net Income (Loss) Per Share	'
		Three Months Ended
			January 24,	January 25,
			2014	2013
	Basic
	Net income (loss)	$	53,553	$	55,029
	Weighted-average common shares outstanding – basic		85,147,728		89,477,591
	Net Income (Loss) per Common Share – Basic	$	0.63	$	0.62
	Diluted
	Net income (loss)	$	53,553	$	55,029
	Weighted-average common shares outstanding – basic		85,147,728		89,477,591
	Dilutive effect of stock options and unvested restricted stock		2,493,576		2,919,837
	Equivalent average common shares outstanding – diluted		87,641,304		92,397,428
	Net Income (Loss) per Common Share – Diluted	$	0.61	$	0.6

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Jan. 24, 2014
Accumulated Other Comprehensive Income (Loss) [Abstract]	'
Schedule Of Accumulated Other Comprehensive Income (Loss)	'
												Accumulated
			Foreign									Other
			Currency			Benefit			Financial			Comprehensive
			Translation1			Obligations2			Instruments3			Income (Loss)
	Balance, October 25, 2013	$	133,603		$	(70,940	)	$	(9,244	)	$	53,419
	Other comprehensive income before reclassifications		(727	)		—			(369	)		(1,096	)
	Amounts reclassified from accumulated other
	comprehensive income	$	—		$	1,723		$	313		$	2,036
	Balance, January 24, 2014	$	132,876		$	(69,217	)	$	(9,300	)	$	54,359
	Balance, October 26, 2012	$	159,610		$	(99,407	)	$	(9,931	)	$	50,272
	Other comprehensive income (loss), net of tax		4,865			—			176			5,041
	Balance, January 25, 2013	$	164,475		$	(99,407	)	$	(9,755	)	$	55,313
	1	We deem our foreign investments to be permanent in nature and therefore do not provide for taxes on foreign currency translation adjustments.
	2	Taxes on benefit obligations are recorded in the fourth quarter of each fiscal year.
	3	Amounts reclassified from accumulated other comprehensive income for financial instruments were net of taxes of $123 for financial instruments for the first quarter of 2014.
Schedule Of Reclassification Out Of Pension And Postretirement Medical Adjustments	'
			Three Months Ended
			January 24, 2014
	Cost of sales	$	673
	Research and Development		222
	Selling, General and Administrative		828
	Total Before Income Taxes	$	1,723

Segment_Information_Tables

Segment Information (Tables)	3 Months Ended
	Jan. 24, 2014
Segment Information [Abstract]	'
Summary Of Comparative Segment Reporting Information	'
			Three Months Ended
			January 24,			January 25,
			2014			2013
	Net Sales
	Coatings	$	548,585		$	497,616
	Paints		361,405			329,079
	Other and Administrative		89,715			81,617
	Less Intersegment Sales		(43,586	)		(33,070	)
	Total Net Sales	$	956,119		$	875,242
	EBIT
	Coatings	$	69,975		$	74,340
	Paints		30,997			22,543
	Other and Administrative		(5,783	)		(4,302	)
	Total EBIT		95,189			92,581
	Interest expense		15,932			15,873
	Income Before Income Taxes	$	79,257		$	76,708

Restructuring_Tables

Restructuring (Tables)	3 Months Ended
	Jan. 24, 2014
Restructuring [Abstract]	'
Restructuring And Impairment Charges By Segment	'
			Liability							Liability
			Beginning							Ending
			Balance							Balance
	Three Months Ended January 24, 2014		10/25/13		Expense		Activity			1/24/14
	Coatings
	Severance and employee benefits	$	18,899	$	3,855	$	(4,172	)	$	18,582
	Asset impairments		—		4,200		(4,200	)		—
	Exit costs (consulting/site clean-up)		119		565		(570	)		114
	Total Coatings		19,018		8,620		(8,942	)		18,696
	Paints
	Severance and employee benefits		6,118		1,754		(3,872	)		4,000
	Asset impairments		—		1,065		(1,065	)		—
	Exit costs (consulting/site clean-up)		2,196		—		(9	)		2,187
	Total Paints		8,314		2,819		(4,946	)		6,187
	Other and Administrative
	Severance and employee benefits		1,791		367		(1,059	)		1,099
	Total Other and Administrative		1,791		367		(1,059	)		1,099
	Total	$	29,123	$	11,806	$	(14,947	)	$	25,982
			Liability							Liability
			Beginning							Ending
			Balance							Balance
	Three Months Ended January 25, 2013		10/26/12		Expense		Activity			1/25/13
	Coatings
	Severance and employee benefits	$	2,234	$	—	$	(123	)	$	2,111
	Exit costs (consulting/site clean-up)		390		—		(129	)		261
	Total Coatings		2,624		—		(252	)		2,372
	Paints
	Severance and employee benefits		2,104		—		(1,695	)		409
	Exit costs (consulting/site clean-up)		3,984		—		(553	)		3,431
	Total Paints		6,088		—		(2,248	)		3,840
	Other and Administrative
	Severance and employee benefits		297		—		(52	)		245
	Total Other and Administrative		297		—		(52	)		245
	Total	$	9,009	$	—	$	(2,552	)	$	6,457

Acquisitions_Details

Acquisitions (Details) (USD $)	0 Months Ended	12 Months Ended	0 Months Ended
In Thousands, unless otherwise specified	Aug. 01, 2013	Dec. 31, 2012	Dec. 28, 2012
	Inver Holding S.r.l. [Member]	Inver Holding S.r.l. [Member]	Ace Hardware Corporation's Paint Manufacturing Business [Member]
			item
Business Acquisition [Line Items]	'	'	'
Manufacturing facilities acquired	'	'	2
Net sales before acquisition	'	$200,000	'
Consideration paid	210,000	'	'
Cash paid to acquire entity	'	'	$35,000

Inventories_Schedule_Of_Invent

Inventories (Schedule Of Inventories) (Details) (USD $)	Jan. 24, 2014	Oct. 25, 2013	Jan. 25, 2013
In Thousands, unless otherwise specified
Inventories [Abstract]	'	'	'
Manufactured products	$321,615	$267,680	$250,932
Raw materials, supplies and work-in-progress	182,536	171,302	174,658
Total Inventories	$504,151	$438,982	$425,590

Goodwill_And_Other_Intangible_1

Goodwill And Other Intangible Assets (Narrative) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013	Oct. 25, 2013
Goodwill And Other Intangible Assets [Abstract]	'	'	'
Goodwill	$1,147,356	$1,075,692	$1,144,670
Increase in goodwill	2,686	'	'
Intangible asset amortization expense	2,044	1,636	'
Future amortization expense, year one	9,000	'	'
Future amortization expense, year two	9,000	'	'
Future amortization expense, year three	9,000	'	'
Future amortization expense, year four	9,000	'	'
Future amortization expense, year five	$9,000	'	'

Guarantees_And_Contractual_Obl2

Guarantees And Contractual Obligations (Narrative) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013
Guarantees And Contractual Obligations [Abstract]	'	'
Payments relating to unconditional purchase obligations	$15,014	$13,017

Guarantees_And_Contractual_Obl3

Guarantees And Contractual Obligations (Deferred Revenue And Warranties For Certain Products Disclosure) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013
Guarantees And Contractual Obligations [Abstract]	'	'
Balance	$78,818	$80,272
Additional net deferred revenue/warranty accrual made during the period	3,542	4,107
Warranty payments made during the period	-1,318	-2,353
Balance	$81,042	$82,026

Guarantees_And_Contractual_Obl4

Guarantees And Contractual Obligations (Schedule Of Contractual Purchase Commitments) (Details) (USD $)	Jan. 24, 2014
In Thousands, unless otherwise specified
Guarantees And Contractual Obligations [Abstract]	'
Remainder of 2014	$0
2015	66,468
2016	76,592
2017	0
2018	0
Thereafter	0
Total	$143,060

Fair_Value_Measurement_Narrati

Fair Value Measurement (Narrative) (Details) (USD $)	3 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013	Oct. 25, 2013
Fair Value Measurement [Abstract]	'	'	'
Fair value hierarchy, transfers amount	$0	$0	$0

Fair_Value_Measurement_Schedul

Fair Value Measurement (Schedule Of Fair Value Of Assets And Liabilities) (Details) (USD $)	Jan. 24, 2014		Oct. 25, 2013		Jan. 25, 2013
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Cash equivalents	$62,238		$69,671		$92,296
Restricted cash	3,241	[1]	3,550	[1]	19,893	[1]
Total assets	65,479		73,221		112,189
Foreign currency contracts	398	[2]	145	[2]	5	[2]
Total liabilities	398		145		5
Fair Value, Inputs, Level 1 [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Cash equivalents	62,238		69,671		92,296
Restricted cash	3,241	[1]	3,550	[1]	19,893	[1]
Total assets	65,479		73,221		112,189
Foreign currency contracts	0	[2]	0	[2]	0	[2]
Total liabilities	0		0		0
Fair Value, Inputs, Level 2 [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Cash equivalents	0		0		0
Restricted cash	0	[1]	0	[1]	0	[1]
Total assets	0		0		0
Foreign currency contracts	398	[2]	145	[2]	5	[2]
Total liabilities	398		145		5
Fair Value, Inputs, Level 3 [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Cash equivalents	0		0		0
Restricted cash	0	[1]	0	[1]	0	[1]
Total assets	0		0		0
Foreign currency contracts	0	[2]	0	[2]	0	[2]
Total liabilities	$0		$0		$0
[1]	Restricted cash represents cash that is restricted from withdrawal for contractual or legal reasons.
[2]	Foreign currency contracts are included in prepaid expenses and other when in an asset position and other accrued liabilities when in a liability position in the Condensed Consolidated Balance Sheets. The fair market value was estimated using observable market data for similar financial instruments. See Note 7 for additional information on derivative financial instruments.

Fair_Value_Measurement_Schedul1

Fair Value Measurement (Schedule Of Fair Value Of Debt) (Details) (USD $)	Jan. 24, 2014		Oct. 25, 2013		Jan. 25, 2013
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Total debt	$1,642,992	[1]	$1,575,866	[1]	$1,424,643	[1]
Carrying value of debt	1,552,516		1,478,557		1,269,583
Fair Value, Inputs, Level 1 [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Total debt	1,090,795	[1]	1,097,309	[1]	1,155,541	[1]
Fair Value, Inputs, Level 2 [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Total debt	552,197	[1]	478,557	[1]	269,102	[1]
Fair Value, Inputs, Level 3 [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Total debt	0	[1]	0	[1]	0	[1]
Publicly Traded Debt [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Total debt	1,090,795	[1]	1,097,309	[1]	1,155,541	[1]
Publicly Traded Debt [Member] | Fair Value, Inputs, Level 1 [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Total debt	1,090,795	[1]	1,097,309	[1]	1,155,541	[1]
Publicly Traded Debt [Member] | Fair Value, Inputs, Level 2 [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Total debt	0	[1]	0	[1]	0	[1]
Publicly Traded Debt [Member] | Fair Value, Inputs, Level 3 [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Total debt	0	[1]	0	[1]	0	[1]
Non-Publicly Traded Debt [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Total debt	552,197	[1]	478,557	[1]	269,102	[1]
Non-Publicly Traded Debt [Member] | Fair Value, Inputs, Level 1 [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Total debt	0	[1]	0	[1]	0	[1]
Non-Publicly Traded Debt [Member] | Fair Value, Inputs, Level 2 [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Total debt	552,197	[1]	478,557	[1]	269,102	[1]
Non-Publicly Traded Debt [Member] | Fair Value, Inputs, Level 3 [Member]	'		'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'
Total debt	$0	[1]	$0	[1]	$0	[1]
[1]	Debt is recorded at carrying value of $1,552,516, $1,478,557 and $1,269,583 on the Condensed Consolidated Balance Sheet as of January 24, 2014, October 25, 2013 and January 25, 2013, respectively. The fair value of our publicly traded debt is based on quoted prices (unadjusted) in active markets. The fair market value of our non-publicly traded debt was estimated using a discounted cash flow analysis based on our current borrowing costs for debt with similar maturities. In addition, the carrying values of our commercial paper included in non-publicly traded debt approximate the financial instrument's fair value as the maturities are less than three months. See Note 8 for additional information on debt.

Derivative_Financial_Instrumen2

Derivative Financial Instruments (Narrative) (Details) (USD $)	Jan. 24, 2014	Jan. 25, 2013
In Thousands, unless otherwise specified
Foreign Currency Contracts Maturing In 2013 [Member]	'	'
Derivative [Line Items]	'	'
Notional amount of derivatives	'	$6,412
Foreign Currency Contracts Maturing In 2014 [Member]	'	'
Derivative [Line Items]	'	'
Notional amount of derivatives	21,133	'
Treasury Lock Contracts [Member]	'	'
Derivative [Line Items]	'	'
Notional amount of derivatives	$0	$0

Derivative_Financial_Instrumen3

Derivative Financial Instruments (Description Of Derivative Assets And Liabilities To Fair Value Measurement) (Details) (USD $)	Jan. 24, 2014	Oct. 25, 2013	Jan. 25, 2013
In Thousands, unless otherwise specified
Derivatives, Fair Value [Line Items]	'	'	'
Total Assets	$0	$0	$0
Total Liabilities	398	145	5
Foreign Currency Contracts [Member]	'	'	'
Derivatives, Fair Value [Line Items]	'	'	'
Total Assets	0	0	0
Total Liabilities	$398	$145	$5

Derivative_Financial_Instrumen4

Derivative Financial Instruments (Derivative Gains (Losses) Recognized In Accumulated Other Comprehensive Income And Statement Of Income Classification) (Details) (Cash Flow Hedging [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Amount of Gain (Loss) Recognized in AOCI	$67	$299
Gain (Loss) in Earnings	-436	-374
Foreign Currency Contracts [Member]	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Amount of Gain (Loss) Recognized in AOCI	-253	-20
Foreign Currency Contracts [Member] | Other Income/(Expense), Net [Member]	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Gain (Loss) in Earnings	-116	-55
Treasury Lock Contracts [Member]	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Amount of Gain (Loss) Recognized in AOCI	320	319
Treasury Lock Contracts [Member] | Interest Expense [Member]	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Gain (Loss) in Earnings	($320)	($319)

Debt_Narrative_Details

Debt (Narrative) (Details) (USD $)	Dec. 16, 2013
In Thousands, unless otherwise specified
Bank Syndicate Facility Due At December 2018 [Member]	'
Debt Instrument [Line Items]	'
Total facility size	$750,000
Bank Syndicate Facility Due At December 2014 [Member]	'
Debt Instrument [Line Items]	'
Total facility size	$550,000

Debt_Schedule_Of_Debt_Instrume

Debt (Schedule Of Debt Instruments) (Details) (USD $)	Jan. 24, 2014	Oct. 25, 2013	Jan. 25, 2013
In Thousands, unless otherwise specified
Debt [Abstract]	'	'	'
Short-term debt	$540,162	$441,165	$217,283
Current portion of long-term debt	0	0	39,737
Long-term Debt	1,012,354	1,037,392	1,012,563
Total Debt	$1,552,516	$1,478,557	$1,269,583

StockBased_Compensation_Narrat

Stock-Based Compensation (Narrative) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013
Stock-Based Compensation [Abstract]	'	'
Share-based compensation expense before tax	$4,708	$7,954
Share-based compensation expense after tax	$2,904	$5,095

Pensions_And_Other_Postretirem2

Pensions And Other Postretirement Benefits (Schedule Of Periodic Benefit Cost) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013
Pension Benefits [Member]	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'
Service cost	$1,090	$1,405
Interest cost	3,700	3,345
Expected return on plan assets	-4,959	-4,941
Amortization of prior service cost	120	112
Recognized actuarial (gain)/loss	1,543	2,457
Net periodic benefit cost	1,494	2,378
Post-Retirement Medical Benefits [Member]	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'
Service cost	38	60
Interest cost	95	90
Amortization of prior service cost	-32	-32
Recognized actuarial (gain)/loss	92	117
Net periodic benefit cost	$193	$235

Income_Taxes_Narrative_Details

Income Taxes (Narrative) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013	Oct. 25, 2013
Income Taxes [Abstract]	'	'	'
Liability recorded for gross unrecognized tax benefits	'	'	$15,363
Accrued interest and penalties	'	'	4,461
Lapse in the statute of limitations for certain foreign unrecognized tax benefits	1,200	'	'
Unrecognized tax benefits would affect the effective tax rate	'	'	14,485
Foreign tax law changes	300	'	'
U.S. federal research and development tax credit	'	1,750	'
True-up of prior year tax accrual estimates	'	$1,260	'

Net_Income_Loss_Per_Common_Sha2

Net Income (Loss) Per Common Share (Narrative) (Details)	3 Months Ended
	Jan. 24, 2014	Jan. 25, 2013
Net Income (Loss) Per Common Share [Abstract]	'	'
Antidilutive securities excluded from computation of EPS	282,551	213,210

Net_Income_Loss_Per_Common_Sha3

Net Income (Loss) Per Common Share (Schedule Of Calculations Of Net Income (Loss) Per Share) (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013
Net Income (Loss) Per Common Share [Abstract]	'	'
Net income (loss)	$53,553	$55,029
Weighted-average common shares outstanding - basic	85,147,728	89,477,591
Net Income (Loss) per Common Share - Basic	$0.63	$0.62
Dilutive effect of stock options and unvested restricted stock	2,493,576	2,919,837
Equivalent average common shares outstanding - diluted	87,641,304	92,397,428
Net Income (Loss) per Common Share - Diluted	$0.61	$0.60

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Income (Loss) (Schedule Of Accumulated Other Comprehensive Income (Loss)) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014		Jan. 25, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]	'		'
Accumulated Other Comprehensive Income (Loss), Beginning Balance	$53,419		$50,272
Other comprehensive income before reclassifications	-1,096		'
Amounts reclassified from accumulated other comprehensive income	2,036		'
Other comprehensive income (loss), net of tax	940		5,041
Accumulated Other Comprehensive Income (Loss), Ending Balance	54,359		55,313
Amounts reclassified from accumulated other comprehensive income, tax	123		'
Foreign Currency Translation [Member]	'		'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'		'
Accumulated Other Comprehensive Income (Loss), Beginning Balance	133,603	[1]	159,610	[1]
Other comprehensive income before reclassifications	-727	[1]	'
Amounts reclassified from accumulated other comprehensive income	0	[1]	'
Other comprehensive income (loss), net of tax	'		4,865	[1]
Accumulated Other Comprehensive Income (Loss), Ending Balance	132,876	[1]	164,475	[1]
Benefit Obligations [Member]	'		'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'		'
Accumulated Other Comprehensive Income (Loss), Beginning Balance	-70,940	[2]	-99,407	[2]
Other comprehensive income before reclassifications	0	[2]	'
Amounts reclassified from accumulated other comprehensive income	1,723	[2]	'
Other comprehensive income (loss), net of tax	'		0	[2]
Accumulated Other Comprehensive Income (Loss), Ending Balance	-69,217	[2]	-99,407	[2]
Financial Instruments [Member]	'		'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'		'
Accumulated Other Comprehensive Income (Loss), Beginning Balance	-9,244	[3]	-9,931	[3]
Other comprehensive income before reclassifications	-369	[3]	'
Amounts reclassified from accumulated other comprehensive income	313	[3]	'
Other comprehensive income (loss), net of tax	'		176	[3]
Accumulated Other Comprehensive Income (Loss), Ending Balance	($9,300)	[3]	($9,755)	[3]
[1]	We deem our foreign investments to be permanent in nature and therefore do not provide for taxes on foreign currency translation adjustments.
[2]	Taxes on benefit obligations are recorded in the fourth quarter of each fiscal year.
[3]	Amounts reclassified from accumulated other comprehensive income for financial instruments were net of taxes of $123 for financial instruments for the first quarter of 2014.

Accumulated_Other_Comprehensiv3

Accumulated Other Comprehensive Income (Loss) (Schedule Of Reclassification Out Of Pension And Postretirement Medical Adjustments) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'	'
Cost of sales	$630,960	$580,891
Research and development	30,558	30,783
Selling, general and administrative	187,235	170,037
Total Before Income Taxes	-79,257	-76,708
Benefit Obligations [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]	'	'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'	'
Cost of sales	673	'
Research and development	222	'
Selling, general and administrative	828	'
Total Before Income Taxes	$1,723	'

Segment_Information_Summary_Of

Segment Information (Summary Of Comparative Segment Reporting Information) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013
Segment Reporting Information [Line Items]	'	'
Total Net Sales	$956,119	$875,242
Total EBIT	95,189	92,581
Interest Expense	15,932	15,873
Income (Loss) before Income Taxes	79,257	76,708
Intersegment Eliminations [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Total Net Sales	-43,586	-33,070
Coatings [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Total Net Sales	548,585	497,616
Total EBIT	69,975	74,340
Paints [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Total Net Sales	361,405	329,079
Total EBIT	30,997	22,543
Other And Administrative [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Total Net Sales	89,715	81,617
Total EBIT	($5,783)	($4,302)

Restructuring_Narrative_Detail

Restructuring (Narrative) (Details) (USD $)	3 Months Ended							12 Months Ended	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013	Jan. 24, 2014	Jan. 25, 2013	Jan. 24, 2014	Jan. 25, 2013	Jan. 25, 2013	Oct. 25, 2013	Jan. 24, 2014
			Cost Of Sales [Member]	Cost Of Sales [Member]	Selling, General And Administrative Expenses [Member]	Selling, General And Administrative Expenses [Member]	2013 Restructuring Initiatives [Member]	2013 Restructuring Initiatives [Member]	2013 And 2014 Restructuring Initiatives [Member]
Restructuring Cost and Reserve [Line Items]	'	'	'	'	'	'	'	'	'
Restructuring charges	$11,806	$0	$6,106	$0	$5,700	$0	$0	$36,433	$11,806
Pre-tax asset impairment charges	$5,265	'	'	'	'	'	'	'	'

Restructuring_Restructuring_An

Restructuring (Restructuring And Impairment Charges By Segment) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jan. 24, 2014	Jan. 25, 2013
Restructuring Cost and Reserve [Line Items]	'	'
Liability Beginning Balance	$29,123	$9,009
Expense	11,806	0
Activity	-14,947	-2,552
Liability Ending Balance	25,982	6,457
Coatings [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Liability Beginning Balance	19,018	2,624
Expense	8,620	0
Activity	-8,942	-252
Liability Ending Balance	18,696	2,372
Paints [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Liability Beginning Balance	8,314	6,088
Expense	2,819	0
Activity	-4,946	-2,248
Liability Ending Balance	6,187	3,840
Other And Administrative [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Liability Beginning Balance	1,791	297
Expense	367	0
Activity	-1,059	-52
Liability Ending Balance	1,099	245
Severance And Employee Benefits [Member] | Coatings [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Liability Beginning Balance	18,899	2,234
Expense	3,855	0
Activity	-4,172	-123
Liability Ending Balance	18,582	2,111
Severance And Employee Benefits [Member] | Paints [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Liability Beginning Balance	6,118	2,104
Expense	1,754	0
Activity	-3,872	-1,695
Liability Ending Balance	4,000	409
Severance And Employee Benefits [Member] | Other And Administrative [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Liability Beginning Balance	1,791	297
Expense	367	0
Activity	-1,059	-52
Liability Ending Balance	1,099	245
Asset Impairments [Member] | Coatings [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Liability Beginning Balance	0	'
Expense	4,200	'
Activity	-4,200	'
Liability Ending Balance	0	'
Asset Impairments [Member] | Paints [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Liability Beginning Balance	0	'
Expense	1,065	'
Activity	-1,065	'
Liability Ending Balance	0	'
Exit Costs (Consulting/Site Clean-Up) [Member] | Coatings [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Liability Beginning Balance	119	390
Expense	565	0
Activity	-570	-129
Liability Ending Balance	114	261
Exit Costs (Consulting/Site Clean-Up) [Member] | Paints [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Liability Beginning Balance	2,196	3,984
Expense	0	0
Activity	-9	-553
Liability Ending Balance	$2,187	$3,431