ABM Industries (ABM) 10-Q 7 Sep 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jul. 31, 2018	Sep. 04, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	ABM INDUSTRIES INC /DE/
Entity Central Index Key	771,497
Current Fiscal Year End Date	--10-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jul. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Trading Symbol	ABM
Amendment Flag	false
Entity Common Stock, Shares Outstanding		65,851,793

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jul. 31, 2018	Oct. 31, 2017
Current assets
Cash and cash equivalents	$ 46	$ 62.8
Trade accounts receivable, net of allowances of $14.1 and $25.5 at July 31, 2018 and October 31, 2017, respectively	1,046	1,038.1
Prepaid expenses	110.4	101.8
Other current assets	38.2	32.8
Total current assets	1,240.6	1,235.5
Other investments	17.4	17.6
Property, plant and equipment, net of accumulated depreciation of $163.8 and $136.4 at July 31, 2018 and October 31, 2017, respectively	142.8	143.1
Other intangible assets, net of accumulated amortization of $238.4 and $189.1 at July 31, 2018 and October 31, 2017, respectively	369.6	430.1
Goodwill	1,864.3	1,864.2
Other noncurrent assets	105.8	122.1
Total assets	3,740.4	3,812.6
Current liabilities
Current portion of long-term debt, net	27	16.9
Trade accounts payable	224.8	230.8
Accrued compensation	170.6	159.9
Accrued taxes—other than income	63.8	52.5
Insurance claims	115.7	112.5
Income taxes payable	5.2	13.4
Other accrued liabilities	162.7	171.8
Total current liabilities	769.8	757.8
Long-term debt, net	998.4	1,161.3
Deferred income tax liability, net	43.5	57.3
Noncurrent insurance claims	393.6	382.9
Other noncurrent liabilities	60.2	61.3
Noncurrent income taxes payable	18.4	16.3
Total liabilities	2,283.9	2,436.9
Commitments and contingencies
Stockholders’ Equity
Preferred stock, $0.01 par value; 500,000 shares authorized; none issued	0	0
Common stock, $0.01 par value; 100,000,000 shares authorized; 65,833,297 and 65,502,568 shares issued and outstanding at July 31, 2018 and October 31, 2017, respectively	0.7	0.7
Additional paid-in capital	688.3	675.2
Accumulated other comprehensive loss, net of taxes	(5.7)	(20.3)
Retained earnings	773.2	720.1
Total stockholders’ equity	1,456.4	1,375.7
Total liabilities and stockholders’ equity	$ 3,740.4	$ 3,812.6

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jul. 31, 2018	Oct. 31, 2017
Statement of Financial Position [Abstract]
Trade accounts receivable, allowance	$ 14.1	$ 25.5
Property, plant and equipment, accumulated depreciation	163.8	136.4
Other intangible assets, accumulated amortization	$ 238.4	$ 189.1
Preferred stock, par value (in usd per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	500,000	500,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	65,833,297	65,502,568
Common stock, shares outstanding (in shares)	65,833,297	65,502,568

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Income Statement [Abstract]
Revenues	$ 1,624.3	$ 1,318.4	$ 4,793.5	$ 3,955.6
Operating expenses	1,446.7	1,184.5	4,281.8	3,544.1
Selling, general and administrative expenses	110	101.3	326.8	299.2
Restructuring and related expenses	2.9	5.2	22.5	16
Amortization of intangible assets	16.6	6.1	49.5	17.4
Impairment recovery and gain on sale	0	(1.1)	0	(18.5)
Operating profit	48.1	22.6	112.9	97.4
Income from unconsolidated affiliates, net	1	1.2	2.5	3.6
Interest expense	(12.9)	(2.8)	(41)	(9.1)
Income from continuing operations before income taxes	36.1	21	74.4	91.9
Income tax (provision) benefit	(2.4)	11.9	12.7	(11.3)
Income from continuing operations	33.7	32.9	87.1	80.6
(Loss) income from discontinued operations, net of taxes	(0.1)	0	1	(73.2)
Net income	33.6	32.9	88.1	7.4
Other comprehensive income (loss)
Interest rate swaps	(1.2)	(0.3)	22	2.3
Foreign currency translation	(6.5)	3.6	(1.5)	9.8
Income tax benefit (provision)	0.3	0.1	(5.9)	(0.9)
Comprehensive income	$ 26.2	$ 36.3	$ 102.6	$ 18.6
Net income per common share — Basic
Income from continuing operations (in usd per share)	$ 0.51	$ 0.59	$ 1.32	$ 1.44
Loss from discontinued operations (in usd per share)	0	0	0.02	(1.31)
Net income (loss) (in usd per share)	0.51	0.59	1.33	0.13
Net income per common share — Diluted
Income from continuing operations (in usd per share)	0.51	0.58	1.31	1.42
Loss from discontinued operations (in usd per share)	0	0	0.02	(1.29)
Net income (loss) (in usd per share)	$ 0.51	$ 0.58	$ 1.33	$ 0.13
Weighted-average common and common equivalent shares outstanding
Basic (in shares)	66.1	56.1	66	56
Diluted (in shares)	66.3	56.6	66.3	56.6
Dividends declared per common share (in usd per share)	$ 0.175	$ 0.17	$ 0.525	$ 0.51

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Cash flows from operating activities
Net income	$ 88.1	$ 7.4
(Income) loss from discontinued operations, net of taxes	(1)	73.2
Income from continuing operations	87.1	80.6
Adjustments to reconcile income from continuing operations to net cash provided by operating activities of continuing operations
Depreciation and amortization	86.1	43.4
Proceeds from termination of interest rate swaps	25.9	0
Impairment recovery and gain on sale	0	(18.5)
Deferred income taxes	(19.5)	8.9
Share-based compensation expense	13.1	10.3
Provision for bad debt	4.5	2.7
Discount accretion on insurance claims	0.6	0.1
Loss (gain) on sale of assets	0.5	(2.4)
Income from unconsolidated affiliates, net	(2.5)	(3.6)
Distributions from unconsolidated affiliates	0.1	5.7
Changes in operating assets and liabilities, net of effects of acquisitions
Trade accounts receivable	(12.6)	(69.5)
Prepaid expenses and other current assets	(7.1)	(14.9)
Other noncurrent assets	14.5	(8.3)
Trade accounts payable and other accrued liabilities	9	15.6
Insurance claims	12.7	32.5
Income taxes payable	(5)	(7.7)
Other noncurrent liabilities	(1)	7.6
Total adjustments	119.3	2
Net cash provided by operating activities of continuing operations	206.4	82.6
Net cash provided by (used in) operating activities of discontinued operations	1	(57.2)
Net cash provided by operating activities	207.4	25.3
Cash flows from investing activities
Additions to property, plant and equipment	(37.3)	(42.2)
Proceeds from sale of assets	0.7	1.4
(Adjustments to) and proceeds from sale of business	(1.9)	35.5
Purchase of businesses, net of cash acquired	0	(18.6)
Proceeds from redemption of auction rate security	2.9	0
Investments in unconsolidated affiliates	(0.6)	0
Net cash used in investing activities	(36.3)	(23.9)
Cash flows from financing activities
(Taxes withheld) and proceeds from issuance of share-based compensation awards, net	(0.3)	2
Repurchases of common stock	0	(7.9)
Dividends paid	(34.5)	(28.4)
Deferred financing costs paid	(0.1)	0
Borrowings from credit facility	887	671
Repayment of borrowings from credit facility	(1,042.1)	(674.6)
Changes in book cash overdrafts	1.1	26.5
Financing of energy savings performance contracts	3.5	6.8
Payment of contingent consideration	0	(3.8)
Repayment of capital lease obligations	(2.3)	(0.3)
Net cash used in financing activities	(187.7)	(8.7)
Effect of exchange rate changes on cash and cash equivalents	(0.2)	1.5
Net decrease in cash and cash equivalents	(16.8)	(5.8)
Cash and cash equivalents at beginning of year	62.8	53.5
Cash and cash equivalents at end of period	$ 46	$ 47.7

The Company and Nature of Opera

The Company and Nature of Operations	9 Months Ended
	Jul. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
The Company and Nature of Operations	THE COMPANY AND NATURE OF OPERATIONS ABM Industries Incorporated, which operates through its subsidiaries (collectively referred to as “ABM,” “we,” “us,” “our,” or the “Company”), is a leading provider of integrated facility services with a mission to make a difference, every person, every day . We are organized into five industry groups and one Technical Solutions segment: Through these groups, we offer janitorial, facilities engineering, parking, and specialized mechanical and electrical technical solutions, on a standalone basis or in combination with other services.

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	9 Months Ended
	Jul. 31, 2018
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with (i) United States generally accepted accounting principles (“U.S. GAAP”) for interim financial information and (ii) the instructions to Form 10-Q and Article 10 of Regulation S-X. In the opinion of our management, our unaudited consolidated financial statements and accompanying notes (the “Financial Statements”) include all normal recurring adjustments that are necessary for the fair statement of the interim periods presented. Interim results of operations are not necessarily indicative of results for the full year. The Financial Statements should be read in conjunction with our audited consolidated financial statements (and notes thereto) in our Annual Report on Form 10-K for the fiscal year ended October 31, 2017 . Unless otherwise indicated, all references to years are to our fiscal year, which ends on October 31 . Acquisition of GCA Services Group On September 1, 2017 (the “Acquisition Date”), we completed the acquisition of GCA Services Group (“GCA”). Accordingly, our consolidated statements of comprehensive income (loss) and statements of cash flows include GCA’s results of operations in the three and nine months ended July 31, 2018 , but exclude GCA’s results of operations in the three and nine months ended July 31, 2017 , as that was prior to the Acquisition Date. See Note 3 , “Acquisitions,” for further information on the acquisition of GCA. Government Services On May 31, 2017, we sold our Government Services business for $35.5 million and recorded a pre-tax gain of $1.1 million during the third quarter of 2017 that was subsequently adjusted to $1.2 million due to a working capital settlement. The reported results for this business are through the date of sale. Future results could include run-off costs associated with this former business. Discontinued Operations Following the sale of our Security business in 2015, we record all costs associated with this former business in discontinued operations. Such costs generally relate to litigation we retained and insurance reserves. Prior Year Reclassifications Effective November 1, 2017, we made changes to our operating structure as a result of the GCA acquisition. To reflect these changes, certain prior year amounts, including operating segment data, have been reclassified to conform with our fiscal 2018 presentation. These changes had no impact on our previously reported consolidated balance sheets, statements of comprehensive income (loss), or statements of cash flows. See Note 12 , “Segment Information,” for further details. Rounding We round amounts in the Financial Statements to millions and calculate all percentages and per-share data from the underlying whole-dollar amounts. Thus, certain amounts may not foot, crossfoot, or recalculate based on reported numbers due to rounding. Management Reimbursement Revenue by Segment We operate certain parking facilities under managed location arrangements. Under these arrangements, we manage the parking facility for a management fee and pass through the revenue and expenses associated with the facility to the owner. These revenues and expenses are reported in equal amounts as costs reimbursed from our managed locations: Three Months Ended July 31, Nine Months Ended July 31, (in millions) 2018 2017 2018 2017 Business & Industry $ 65.0 $ 59.3 $ 191.4 $ 175.2 Aviation 23.8 21.9 76.9 54.7 Healthcare 4.7 4.6 14.6 14.0 Total $ 93.5 $ 85.8 $ 282.9 $ 243.8 Impact of New Revenue Recognition Standard In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, establishing Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers . The FASB subsequently issued several clarifying ASUs, collectively referred to as “ASC 606,” that introduce a new principles-based framework for revenue recognition and disclosure. The core requirement of the standard is when an entity transfers goods or services to customers it will recognize revenue in an amount that reflects the consideration the entity expects to be entitled to for those goods or services. ASC 606 allows either a full retrospective adoption to all periods presented or a modified retrospective adoption approach with a cumulative-effect adjustment to retained earnings as of the beginning of the year of adoption. To assess the impact of this standard, we have established a cross-functional implementation team consisting of representatives from all of our operating segments. The implementation team is completing the analysis of our contract portfolio to identify potential differences that would result from applying the requirements of this new standard. In addition, we continue to identify and implement the appropriate changes to our business processes and controls to support revenue recognition and the expanded disclosures required under this new standard. We expect adoption of this standard to have an impact on the timing of revenue recognition related to certain lines of business and the financial statement line item reporting of certain items. Additionally, the accounting for certain direct and incremental contract costs is significantly different from our current capitalization policy; however, the full impact of this difference is currently unknown. We are continuing to evaluate the impact of this standard and an estimate of the impact to our consolidated financial statements cannot be made at this time. We expect to adopt ASC 606 on November 1, 2018 using the modified retrospective approach, under which we will present the cumulative effect of adoption as an adjustment to the opening balance of retained earnings at the adoption date. No other recently issued standards are expected to have a significant impact on our fiscal 2019 consolidated financial statements.

Acquisitions

Acquisitions	9 Months Ended
	Jul. 31, 2018
Business Combinations [Abstract]
Acquisitions	ACQUISITIONS Acquisition of GCA during 2017 On September 1, 2017, we acquired all of the outstanding stock of GCA, a provider of integrated facility services to educational institutions and commercial facilities, for a purchase price of approximately $1.3 billion . As described in Note 12 , “Segment Information,” we integrated GCA’s operations into our industry group model effective November 1, 2017. As a result of the acquisition, we are now a leading facilities services provider in the education market. Consideration Transferred (in millions, except per share data) Shares of ABM common stock, net of shares withheld for taxes 9.4 ABM common stock closing market price at acquisition date $ 44.63 Fair value of ABM common stock at closing 421.3 Cash consideration (1) 837.5 Total consideration transferred $ 1,258.8 (1) Revised during the second quarter of 2018 to reflect a post-closing purchase price adjustment related to a net working capital settlement. Preliminary Purchase Price Allocation Our preliminary purchase price allocation is based on information that is currently available, and we are continuing to evaluate the underlying inputs and assumptions used in our valuations. Accordingly, the purchase price allocation is subject to, among other items: further analysis of tax accounts, including deferred tax liabilities, and final valuation of identifiable intangible assets. During the nine months ended July 31, 2018 , we refined our valuation of customer relationships and certain other estimates. The following table presents our preliminary estimates of fair values of the assets we acquired and the liabilities we assumed on the date of acquisition as previously reported at year-end 2017 and at the end of the third quarter of 2018 . As reported at As reported at (in millions) October 31, 2017 Adjustments July 31, 2018 Cash and cash equivalents $ 2.5 $ (2.3 ) $ 0.2 Trade accounts receivable (1) 118.1 (0.4 ) 117.7 Prepaid expenses and other current assets 10.3 (0.3 ) 10.1 Property, plant and equipment 41.4 0.1 41.5 Customer relationships (2) 340.0 (10.0 ) 330.0 Trade names (2) 9.0 — 9.0 Goodwill (3) 933.9 0.3 934.2 Other assets 4.2 (0.2 ) 4.0 Trade accounts payable (9.1 ) (0.4 ) (9.6 ) Insurance reserves (35.5 ) (0.6 ) (36.1 ) Income taxes payable (16.5 ) 8.2 (8.3 ) Accrued liabilities (36.5 ) 3.3 (33.1 ) Deferred income tax liability, net (92.6 ) — (92.6 ) Other liabilities (8.1 ) — (8.1 ) Net assets acquired $ 1,261.3 $ (2.4 ) $ 1,258.8 (1) The gross amount of trade accounts receivable was $122.0 million , of which $4.3 million is currently expected to be uncollectible. (2) The amortization periods for the acquired intangible assets are 15 years for customer relationships and 2 years for trade names. (3) Goodwill is largely attributable to value we expect to obtain from long-term business growth, the established workforce, and buyer-specific synergies. This goodwill is not deductible for income tax purposes. Financial Information For the three and nine months ended July 31, 2018 , we recorded revenue related to GCA of $260.0 million and $768.0 million , respectively, and operating profit of $9.8 million and $22.3 million , respectively. The following table presents our unaudited pro forma results as though the GCA acquisition occurred on November 1, 2015 . The pro forma results include adjustments for the estimated amortization of intangible assets, interest expense, and the income tax impact of the pro forma adjustments at the statutory rate of 41% . These pro forma results do not reflect the cost of integration activities or benefits from expected revenue enhancements and synergies. Accordingly, the pro forma information is not necessarily indicative of the results that would have been achieved if the acquisition had been effective on November 1, 2015 . Three Months Ended Nine Months Ended (in millions) July 31, 2017 July 31, 2017 Pro forma revenue $ 1,573.2 $ 4,712.5 Pro forma income from continuing operations 36.1 82.6 These pro forma results were adjusted to exclude $2.2 million of acquisition-related costs incurred during the three and nine months ended July 31, 2017 , which are included in selling, general and administrative expenses in the accompanying unaudited consolidated statements of comprehensive income (loss). Other 2017 Acquisitions Effective December 1, 2016, we acquired all of the outstanding stock of Mechanical Solutions, Inc. (“MSI”), a provider of specialized HVAC, chiller, and plumbing services, for a purchase price of $12.6 million . The purchase price includes up to $1.0 million of undiscounted contingent consideration that is based on the expected achievement of certain pre-established revenue goals. See Note 6 , “Fair Value of Financial Instruments,” regarding our valuation of contingent consideration liabilities. As of December 1, 2016, the operations of MSI are included in our Technical Solutions segment. Effective December 1, 2016, we also acquired all of the outstanding stock of OFJ Connections Ltd (“OFJ”), a provider of airport transportation services in the United Kingdom, for a purchase price of $6.3 million . As of December 1, 2016, the operations of OFJ are included in our Aviation segment. Pro Forma and Other Supplemental Financial Information Except for GCA, we do not present pro forma and other financial information for our other acquisitions, as they are not considered material business combinations individually or on a combined basis.

Restructuring and Related Costs

Restructuring and Related Costs	9 Months Ended
	Jul. 31, 2018
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	RESTRUCTURING AND RELATED COSTS GCA Restructuring Following the acquisition of GCA, during the first quarter of 2018 we initiated a restructuring program to achieve cost synergies from our combined operations. We incurred the majority of our anticipated severance expense associated with this restructuring program in the first half of 2018. We expect to incur additional charges related to other project fees and rebranding activities in the fourth quarter of 2018. 2020 Vision Restructuring During the fourth quarter of 2015, our Board of Directors approved a comprehensive strategy intended to have a positive transformative effect on ABM (the “ 2020 Vision ”). As part of the 2020 Vision , we identified key priorities to differentiate ABM in the marketplace, accelerate revenue growth for certain industry groups, and improve our margin profile. We incurred additional expenses primarily related to external support fees and other project fees during the nine months ended July 31, 2018 relating to this strategy. We do not expect to incur significant 2020 Vision restructuring and related expenses in the future, other than in connection with the continued consolidation of our real estate leases. Rollforward of Restructuring and Related Liabilities (in millions) Balance, October 31, 2017 Costs Recognized (1) Payments Non-Cash Items Balance, July 31, 2018 Employee severance $ 2.7 $ 10.8 $ (8.9 ) $ — $ 4.6 Lease exit costs and asset impairment 2.8 2.5 (1.2 ) (1.1 ) 3.1 Other project fees 0.4 5.1 (4.4 ) — 1.1 External support fees 2.5 4.0 (6.5 ) — — Total $ 8.4 $ 22.5 $ (21.0 ) $ (1.1 ) $ 8.8 (1) We include these costs within corporate expenses. Cumulative Restructuring and Related Charges (in millions) External Support Fees Employee Severance Other Project Fees Lease Exit Costs Asset Impairment Total GCA $ 2.0 $ 12.8 $ 4.9 $ — $ — $ 19.6 2020 Vision 30.0 13.5 10.7 7.7 5.2 67.1 Total $ 32.0 $ 26.3 $ 15.5 $ 7.7 $ 5.2 $ 86.7

Net Income Per Common Share

Net Income Per Common Share	9 Months Ended
	Jul. 31, 2018
Earnings Per Share [Abstract]
Net Income Per Common Share	NET INCOME PER COMMON SHARE Basic and Diluted Net Income Per Common Share Calculations Three Months Ended July 31, Nine Months Ended July 31, (in millions, except per share amounts) 2018 2017 2018 2017 Income from continuing operations $ 33.7 $ 32.9 $ 87.1 $ 80.6 (Loss) income from discontinued operations, net of taxes (0.1 ) — 1.0 (73.2 ) Net income $ 33.6 $ 32.9 $ 88.1 $ 7.4 Weighted-average common and common equivalent shares outstanding — Basic 66.1 56.1 66.0 56.0 Effect of dilutive securities Restricted stock units 0.1 0.3 0.1 0.3 Stock options 0.1 0.2 0.1 0.2 Performance shares — — — 0.1 Weighted-average common and common equivalent shares outstanding — Diluted 66.3 56.6 66.3 56.6 Net income per common share — Basic Income from continuing operations $ 0.51 $ 0.59 $ 1.32 $ 1.44 Income (loss) from discontinued operations — — 0.02 (1.31 ) Net income $ 0.51 $ 0.59 $ 1.33 $ 0.13 Net income per common share — Diluted Income from continuing operations $ 0.51 $ 0.58 $ 1.31 $ 1.42 Income (loss) from discontinued operations — — 0.02 (1.29 ) Net income $ 0.51 $ 0.58 $ 1.33 $ 0.13 Anti-Dilutive Outstanding Stock Awards Issued Under Share-Based Compensation Plans Three Months Ended July 31, Nine Months Ended July 31, (in millions) 2018 2017 2018 2017 Anti-dilutive 0.5 — 0.4 —

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Jul. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	FAIR VALUE OF FINANCIAL INSTRUMENTS Fair Value Hierarchy of Our Financial Instruments Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis (in millions) Fair Value Hierarchy July 31, 2018 October 31, 2017 Cash and cash equivalents (1) 1 $ 46.0 $ 62.8 Insurance deposits (2) 1 0.6 11.2 Assets held in funded deferred compensation plan (3) 1 2.8 4.6 Credit facility (4) 2 1,036.1 1,191.2 Interest rate swaps (5) 2 — 2.9 Investments in auction rate securities (6) 3 5.0 8.0 Contingent consideration liability (7) 3 0.9 0.9 (1) Cash and cash equivalents are stated at nominal value, which equals fair value. (2) Represents restricted deposits that are used to collateralize our insurance obligations and are stated at nominal value, which equals fair value. These insurance deposits are included in “Other noncurrent assets” on the accompanying unaudited consolidated balance sheets. See Note 8 , “Insurance,” for further information. (3) Represents investments held in a Rabbi trust associated with one of our deferred compensation plans, which we include in “Other noncurrent assets” on the accompanying unaudited consolidated balance sheets. The fair value of the assets held in the funded deferred compensation plan is based on quoted market prices. (4) Represents gross outstanding borrowings under our syndicated line of credit and term loan. Due to variable interest rates, the carrying value of outstanding borrowings under our line of credit and term loan approximates the fair value. See Note 9 , “Credit Facility,” for further information. (5) Represents interest rate swap derivatives designated as cash flow hedges. The fair values of the interest rate swaps are estimated based on the present value of the difference between expected cash flows calculated at the contracted interest rates and the expected cash flows at current market interest rates using observable benchmarks for LIBOR forward rates at the end of the period. At October 31, 2017, these interest rate swaps were included in “Other noncurrent assets” on the accompanying unaudited consolidated balance sheets. During April 2018, we elected to terminate our interest rate swaps. See Note 9 , “Credit Facility,” for further information. (6) The fair value of investments in auction rate securities is based on discounted cash flow valuation models, primarily utilizing unobservable inputs, including assumptions about the underlying collateral, credit risks associated with the issuer, credit enhancements associated with financial insurance guarantees, and the possibility of the security being re-financed by the issuer or having a successful auction. These amounts are included in “Other investments” on the accompanying unaudited consolidated balance sheets. See Note 7 , “Auction Rate Securities,” for further information. (7) Certain of our acquisitions involve the payment of contingent consideration. The fair value of these liabilities is based on the expected achievement of certain pre-established revenue goals. Our contingent consideration liability is included in “Other accrued liabilities” and “Other noncurrent liabilities” on the accompanying unaudited consolidated balance sheets. During the nine months ended July 31, 2018 , we had no transfers of assets or liabilities between any of the above hierarchy levels. Non-Financial Assets Measured at Fair Value on a Non-Recurring Basis I n certain circumstances we measure certain assets that are subject to fair value adjustments at fair value on a non-recurring basis. These assets can include: goodwill; intangible assets; property, plant and equipment; and long-lived assets that have been reduced to fair value when they are held for sale. On November 1, 2017, we reorganized our reportable segments and goodwill reporting units. In connection with this reorganization, we performed a qualitative goodwill impairment test immediately before and after the segment realignment. In analyzing the results of operations and business conditions of the goodwill reporting units, we determined the likelihood of a goodwill impairment did not reach the more-likely-than-not threshold specified in U.S. GAAP for any of the reporting units that were evaluated. Accordingly, we concluded that goodwill related to those reporting units was not impaired and further quantitative testing was not required.

Auction Rate Securities

Auction Rate Securities	9 Months Ended
	Jul. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Auction Rate Securities	AUCTION RATE SECURITIES At October 31, 2017 , we held investments in auction rate securities from two different issuers that had an aggregate original principal amount of $10.0 million and an amortized cost and fair value of $8.0 million . During the third quarter of 2018 , we sold one of our auction rate securities with an original par value of $5.0 million and an amortized cost basis of $3.0 million for proceeds of $2.9 million . The resulting loss is included in “Selling, general and administrative expenses” on the accompanying unaudited consolidated statements of comprehensive income (loss). The total amount of other-than-temporary impairment credit loss previously recognized on this security investment and included in our retained earnings was $2.0 million . At July 31, 2018 , the remaining auction rate security had an aggregate original principal amount, amortized cost, and fair value of $5.0 million . This auction rate security is a debt instrument with a stated maturity in 2050 . The interest rate for this security is designed to be reset through Dutch auctions approximately every thirty days; however, auctions for this security have not occurred since August 2007 . At July 31, 2018 and October 31, 2017 , there were no unrealized gains or losses on our auction rate securities included in accumulated other comprehensive income (loss), net of taxes (“AOCI”). Significant Assumptions Used to Determine the Fair Values of Our Auction Rate Securities Assumption July 31, 2018 October 31, 2017 Discount rates L + 0.41% L + 0.42% and L + 0.79% Yields L + 2.00% 2.15%, L + 2.00% Average expected lives 4 years 4 - 10 years L – One Month LIBOR

Insurance

Insurance	9 Months Ended
	Jul. 31, 2018
Insurance [Abstract]
Insurance	INSURANCE We use a combination of insured and self-insurance programs to cover workers’ compensation, general liability, automobile liability, property damage, and other insurable risks. For the majority of these insurance programs, we retain the initial $1.0 million of exposure on a per-occurrence basis, either through deductibles or self-insured retentions. Beyond the retained exposures, we have varying primary policy limits ranging between $1.0 million and $5.0 million per occurrence. To cover general liability and automobile liability losses above these primary limits, we maintain commercial umbrella insurance policies that provide aggregate limits of $200.0 million . Our insurance policies generally cover workers’ compensation losses to the full extent of statutory requirements. Additionally, to cover property damage risks above our retained limits, we maintain policies that provide per occurrence limits of $75.0 million . We are also self-insured for certain employee medical and dental plans. We maintain stop-loss insurance for our self-insured medical plan under which we retain up to $0.4 million of exposure on a per-participant, per-year basis with respect to claims. The adequacy of our reserves for workers’ compensation, general liability, automobile liability, and property damage insurance claims is based upon known trends and events and the actuarial estimates of required reserves considering the most recently completed actuarial reports. We use all available information to develop our best estimate of insurance claims reserves as information is obtained. The results of actuarial studies are used to estimate our insurance rates and insurance reserves for future periods and to adjust reserves, if appropriate, for prior years. During 2018, we performed both an annual actuarial review and an actuarial update. As a result of these studies, we increased our reserves for claims related to prior periods by approximately $10.0 million during 2018, as described below. Actuarial Studies Performed During 2018 During the three months ended January 31, 2018, we performed an actuarial review of the majority of our casualty insurance programs that considered changes in claim developments and claim payment activity for the period commencing May 1, 2017 and ending October 31, 2017 for all policy years. During the three months ended July 31, 2018, we performed an annual actuarial update of the majority of our casualty insurance programs, evaluating all changes made to claims reserves and claim payment activity for the period commencing November 1, 2017 and ending April 30, 2018 for all policy years. The studies excluded claims relating to certain previously acquired businesses, which we expect to evaluate during the fourth quarter of 2018. Both the actuarial review and actuarial update indicate the changes we have made to our risk management program have reduced the frequency of claims and have had a positive impact on claim costs. Changes include the implementation of programs to identify claims that have the potential to develop adversely earlier in the claims cycle and to facilitate the establishment of reserves consistent with known fact patterns. However, with respect to claims related to certain prior fiscal years, actuarial studies completed to date show unfavorable developments in our estimate of ultimate losses related to general liability, property damage, workers’ compensation, and automobile liability claims , as described below. The actuarial studies related to our general liability program indicated the total number of claims continues to show a pattern of decreasing losses, particularly with bodily injury claims. However, we experienced adverse developments with respect to claims related to certain prior fiscal years that are largely attributable to adjustments for certain alleged bodily injury claims and to losses for property damage. Due to increases in projected costs and severity of claims in certain prior fiscal years, in 2018 we increased our estimate of ultimate losses for workers’ compensation claims. Statutory, regulatory, and legal developments have also contributed to the increase in our estimated losses. Our workers’ compensation estimate of ultimate losses was primarily impacted by increases in projected costs for a significant number of prior year claims in California. Our automobile liability program covers our fleet of passenger vehicles, service vans, and shuttle buses, which are associated with our various transportation service contracts. Claim frequency and severity associated with our fleet operations developed unfavorably versus actuarial expectations, consistent with insurance trends exhibited in the broader insurance book of claims. Based on the results of the actuarial studies performed during 2018, which included analyzing recent loss development patterns, comparing the loss development against benchmarks, and applying actuarial projection methods to estimate ultimate losses, we increased our total reserves for known claims as well as our estimate of the loss amounts associated with incurred but not reported claims for prior periods by $4.0 million during the first half of 2018 and by an additional $6.0 million during the third quarter of 2018, for a total adjustment related to prior year claims of approximately $10.0 million during the nine months ended July 31, 2018 . This adjustment was $12.3 million lower than the total adjustment related to prior year claims of $22.3 million in the nine months ended July 31, 2017 . Insurance Related Balances and Activity (in millions) July 31, 2018 October 31, 2017 Insurance claim reserves excluding medical and dental $ 500.4 $ 485.6 Medical and dental claim reserves 8.9 9.8 Insurance recoverables 73.8 73.1 At July 31, 2018 and October 31, 2017 , insurance recoverables are included in “Other current assets” and “Other noncurrent assets” on the accompanying unaudited consolidated balance sheets. Instruments Used to Collateralize Our Insurance Obligations (in millions) July 31, 2018 October 31, 2017 Standby letters of credit $ 146.7 $ 137.6 Surety bonds 89.0 77.5 Restricted insurance deposits 0.6 11.2 Total $ 236.3 $ 226.3

Credit Facility

Credit Facility	9 Months Ended
	Jul. 31, 2018
Debt Disclosure [Abstract]
Credit Facility	CREDIT FACILITY On September 1, 2017, we refinanced and replaced our then-existing $800.0 million credit facility with a new senior, secured five-year syndicated credit facility (the “ Credit Facility ”), consisting of a $900.0 million revolving line of credit and an $800.0 million amortizing term loan, scheduled to mature on September 1, 2022. In accordance with the terms of the Credit Facility, the line of credit was reduced to $800.0 million on September 1, 2018. The Credit Facility also provides for the issuance of up to $300.0 million for standby letters of credit and the issuance of up to $75.0 million in swingline advances. The obligations under the Credit Facility are secured on a first-priority basis by a lien on substantially all of our assets and properties, subject to certain exceptions. Borrowings under the Credit Facility bear interest at a rate equal to 1-month LIBOR plus a spread that is based upon our leverage ratio. The spread ranges from 1.00% to 2.25% for Eurocurrency loans and 0.00% to 1.25% for base rate loans. At July 31, 2018 , the weighted average interest rate on our outstanding borrowings was 4.07% . We also pay a commitment fee, based on our leverage ratio and payable quarterly in arrears, ranging from 0.200% to 0.350% on the average daily unused portion of the line of credit. For purposes of this calculation, irrevocable standby letters of credit, which are issued primarily in conjunction with our insurance programs, and cash borrowings are included as outstanding under the line of credit. The Credit Facility contains certain covenants, including a maximum leverage ratio of 4.75 to 1.0 through April 2018, which steps down to 3.50 to 1.0 by July 2020, and a minimum fixed charge coverage ratio of 1.50 to 1.0 , as well as other financial and non-financial covenants. In the event of a material acquisition, as defined in the Credit Facility, we may elect to increase the leverage ratio to 3.75 to 1.0 for a total of four fiscal quarters, provided the leverage ratio had already been reduced to 3.50 to 1.0. Our borrowing capacity is subject to, and limited by, compliance with the covenants described above. At July 31, 2018 , we were in compliance with these covenants. On September 5, 2018, we amended our Credit Facility to increase the maximum leverage ratio for fiscal quarters commencing July 31, 2018 through April 30, 2021 by 25 basis points for such quarters. The Credit Facility also includes customary events of default, including failure to pay principal, interest, or fees when due, failure to comply with covenants, the occurrence of certain material judgments, or a change in control of the Company. If certain events of default occur, including certain cross-defaults, insolvency, change in control, or violation of specific covenants, the lenders can terminate or suspend our access to the Credit Facility and declare all amounts outstanding (including all accrued interest and unpaid fees) to be immediately due and payable, and require that we cash collateralize the outstanding standby letters of credit. Total deferred financing costs related to the Credit Facility were $18.7 million , consisting of $13.4 million related to the term loan and $5.2 million related to the line of credit, which are being amortized to interest expense over the term of the Credit Facility . Credit Facility Information (in millions) July 31, 2018 October 31, 2017 Current portion of long-term debt Gross term loan $ 30.0 $ 20.0 Less: unamortized deferred financing costs (3.0 ) (3.1 ) Current portion of term loan $ 27.0 $ 16.9 Long-term debt Gross term loan $ 750.0 $ 780.0 Less: unamortized deferred financing costs (7.7 ) (9.9 ) Total noncurrent portion of term loan 742.3 770.1 Line of credit (1)(2) 256.1 391.2 Long-term debt $ 998.4 $ 1,161.3 (1) Standby letters of credit amounted to $155.5 million at July 31, 2018 . (2) At July 31, 2018 , we had borrowing capacity of $477.3 million ; however, covenant restrictions limited our actual borrowing capacity to $196.0 million . Term Loan Maturities During the first quarter, we made $20.0 million of principal payments. As of July 31, 2018 , the following principal payments are required under the term loan. (in millions) 2019 2020 2021 2022 Debt maturities $ 40.0 $ 60.0 $ 120.0 $ 560.0 Interest Rate Swaps We enter into interest rate swaps to manage the interest rate risk associated with our floating-rate, LIBOR-based borrowings under our Credit Facility . Under these arrangements, we typically pay a fixed interest rate in exchange for LIBOR-based variable interest throughout the life of the agreement. We initially report the mark-to-market gain or loss on a derivative as a component of AOCI and subsequently reclassify the gain or loss into earnings when the hedged transactions occur and affect earnings. Interest payables and receivables under the swap agreements are accrued and recorded as adjustments to interest expense. All of our interest rate swaps were designated and accounted for as cash flow hedges from inception. See Note 6 , “Fair Value of Financial Instruments,” regarding the valuation of our interest rate swaps. During April 2018, we elected to terminate all of our interest rate swaps and received cash proceeds of $25.9 million from the swap counterparties upon termination. We classified the cash proceeds as an operating activity on our consolidated statements of cash flows. We subsequently entered into new forward-starting interest rate swaps, as summarized below. Notional Amounts Fixed Interest Rates Effective Dates Maturity Dates $ 90.0 million 2.83% November 1, 2018 April 30, 2021 $ 90.0 million 2.84% November 1, 2018 October 31, 2021 $ 130.0 million 2.86% November 1, 2018 April 30, 2022 $ 130.0 million 2.84% November 1, 2018 September 1, 2022 At July 31, 2018 , the realized gain recorded in AOCI was $17.8 million , net of taxes of $7.1 million , which will be amortized to interest expense as interest payments are made over the term of our Credit Facility. During the three and nine months ended July 31, 2018 , we amortized $0.9 million of this gain, net of taxes of $0.3 million , to interest expense. Additionally, at July 31, 2018 , the amount expected to be reclassified from AOCI to earnings during the next twelve months was $3.9 million , net of taxes of $1.6 million . At October 31, 2017 , amounts recorded in AOCI were $1.7 million , net of taxes of $1.2 million .

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Jul. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Letters of Credit and Surety Bonds We use letters of credit and surety bonds to secure certain commitments related to insurance programs and for other purposes. As of July 31, 2018 , these letters of credit and surety bonds totaled $155.5 million and $454.7 million , respectively. Included in the total amount of surety bonds is $2.7 million of bonds with an effective date starting after July 31, 2018 . Guarantees In some instances, we offer clients guaranteed energy savings under certain energy savings contracts. At July 31, 2018 , total guarantees were $176.0 million and extend through 2038 . We accrue for the estimated cost of guarantees when it is probable that a liability has been incurred and the amount can be reasonably estimated. Historically, we have not incurred any material losses in connection with these guarantees. In connection with an unconsolidated joint venture in which one of our subsidiaries has a 33% ownership interest, that subsidiary and the other joint venture partners have each jointly and severally guaranteed the obligations of the joint venture to perform under certain contracts extending through 2019. Annual revenues relating to the underlying contracts are approximately $35 million . Should the joint venture be unable to perform under these contracts, the joint venture partners would be jointly and severally liable for any losses incurred by the client due to the failure to perform. Sales Tax Audits We collect sales tax from clients and remit those collections to the applicable states. When clients fail to pay their invoices, including the amount of any sales tax that we paid on their behalf, in some cases we are entitled to seek a refund of that amount of sales tax from the applicable state. Sales tax laws and regulations enacted by the various states are subject to interpretation, and our compliance with such laws is routinely subject to audit and review by such states. Audit risk is concentrated in several states, and these states are conducting ongoing audits. The outcomes of ongoing and any future audits and changes in the states’ interpretation of the sales tax laws and regulations could materially adversely impact our results of operations. Legal Matters We are a party to a number of lawsuits, claims, and proceedings incident to the operation of our business, including those pertaining to labor and employment, contracts, personal injury, and other matters, some of which allege substantial monetary damages. Some of these actions may be brought as class actions on behalf of a class or purported class of employees. At July 31, 2018 , the total amount accrued for all probable litigation losses where a reasonable estimate of the loss could be made was $11.7 million , including $3.8 million accrued during the three months ended July 31, 2018 and an accrual of $3.8 million in connection with the Hussein case discussed below. Litigation outcomes are difficult to predict and the estimation of probable losses requires the analysis of multiple possible outcomes that often depend on judgments about potential actions by third parties. If one or more matters are resolved in a particular period in an amount in excess of, or in a manner different than, what we anticipated, this could have a material adverse effect on our financial position, results of operations, or cash flows. We do not accrue for contingent losses that, in our judgment, are considered to be reasonably possible but not probable. The estimation of reasonably possible losses also requires the analysis of multiple possible outcomes that often depend on judgments about potential actions by third parties. Our management currently estimates the range of loss for all reasonably possible losses for which a reasonable estimate of the loss can be made is between zero and $4 million . Factors underlying this estimated range of loss may change from time to time, and actual results may vary significantly from this estimate. In some cases, although a loss is probable or reasonably possible, we cannot reasonably estimate the maximum potential losses for probable matters or the range of losses for reasonably possible matters. Therefore, our accrual for probable losses and our estimated range of loss for reasonably possible losses do not represent our maximum possible exposure. While the results of these lawsuits, claims, and proceedings cannot be predicted with any certainty, our management believes that the final outcome of these matters will not have a material adverse effect on our financial position, results of operations, or cash flows. Certain Legal Proceedings Certain lawsuits to which we are a party are discussed below. In determining whether to include any particular lawsuit or other proceeding, we consider both quantitative and qualitative factors. These factors include, but are not limited to: the amount of damages and the nature of any other relief sought in the proceeding; if such damages and other relief are specified, our view of the merits of the claims; whether the action is or purports to be a class action, and our view of the likelihood that a class will be certified by the court; the jurisdiction in which the proceeding is pending; and the potential impact of the proceeding on our reputation. The Consolidated Cases of Bucio and Martinez v. ABM Janitorial Services filed on April 7, 2006, in the Superior Court of California, County of San Francisco (the “Bucio case”) The Bucio case is a class action pending in San Francisco Superior Court that alleges we failed to provide legally required meal periods and make additional premium payments for such meal periods, pay split shift premiums when owed, and reimburse janitors for travel expenses. There is also a claim for penalties under the California Labor Code Private Attorneys General Act. On April 19, 2011 , the trial court held a hearing on plaintiffs’ motion to certify the class. At the conclusion of that hearing, the trial court denied plaintiffs’ motion to certify the class. On May 11, 2011 , the plaintiffs filed a motion to reconsider, which was denied. The plaintiffs appealed the class certification issues. The trial court stayed the underlying lawsuit pending the decision in the appeal. The Court of Appeal of the State of California, First Appellate District (the “Court of Appeal”), heard oral arguments on November 7, 2017. On December 11, 2017, the Court of Appeal reversed the trial court’s order denying class certification and remanded the matter for certification of a meal period, travel expense reimbursement, and split shift class. The case was remitted to the trial court for further proceedings on class certification, discovery, dispositive motions, and trial. Hussein and Hirsi v. Air Serv Corporation filed on January 20, 2016, pending in the United States District Court for the Western District of Washington at Seattle (the “Hussein case”) and Isse et al. v. Air Serv Corporation filed on February 7, 2017 in the Superior Court of Washington for King County (the “Isse” case) The Hussein case was a certified class action involving a class of certain hourly Air Serv employees at Seattle-Tacoma International Airport in SeaTac, Washington. The plaintiffs alleged that Air Serv violated a minimum wage requirement in an ordinance applicable to certain employers in the local city of SeaTac (the “Ordinance”). Plaintiffs sought retroactive wages, double damages, interest, and attorneys’ fees. This matter was removed to federal court. In a separate lawsuit brought by Filo Foods, LLC, Alaska Airlines, and several other employers at SeaTac airport, the King County Superior Court issued a decision that invalidated the Ordinance as it applied to workers at SeaTac airport. Subsequently, the Washington Supreme Court reversed the Superior Court’s decision. On February 7, 2017, the Isse case was filed against Air Serv on behalf of 60 individual plaintiffs (who would otherwise be members of the Hussein class), who alleged failure to comply with both the minimum wage provision and the sick and safe time provision of the Ordinance. The Isse plaintiffs sought retroactive wages and sick benefits, double damages for wages and sick benefits, interest, and attorneys’ fees. The Isse case later expanded to approximately 220 individual plaintiffs. In mediations on November 2 and 3, 2017, and without admitting liability in either matter, we agreed to settle the Hussein and Isse cases for a combined total o f $8.3 million , inclusive of damages, interest, attorneys’ fees, and employer payroll taxes. Eligible employees will be able to participate in either the Hussein or Isse settlements, but cannot recover in both settlements. The settlements in both cases require court approval because of the nature of the claims being released. On December 8, 2017, the Superior Court of Washington for King County approved the settlement agreement for the 220 Isse plaintiffs, and we subsequently made a settlement payment of $4.5 million to the Isse plaintiffs in January 2018. On July 30, 2018, the United States District Court for the Western District of Washington at Seattle preliminarily approved the settlement in the Hussein case. The final approval hearing is set for December 5, 2018, and, if approved, the settlement proceeds will be distributed thereafter. Castro and Marmolejo v. ABM Industries, Inc., et al., filed on October 24, 2014, pending in the United States District Court for the Northern District of California (the “Castro” case) On October 24, 2014, Plaintiff Marley Castro filed a class action lawsuit alleging that ABM did not reimburse janitorial employees in California for using their personal cell phones for work-related purposes, in violation of California Labor Code section 2802. On January 23, 2015, Plaintiff Lucia Marmolejo was added to the case as a named plaintiff. On October 27, 2017, plaintiffs moved for class certification seeking to represent a class of all employees who were, are, or will be employed by ABM in the State of California with the Employee Master Job Description Code “Cleaner” (hereafter referred to as “ Cleaner Employees ”) beginning from October 24, 2010. ABM filed its opposition to class certification on November 27, 2017. On January 26, 2018, the district court granted plaintiffs’ motion for class certification. The court rejected plaintiffs’ proposed class, instead certifying three classes that the court formulated on its own: (1) all employees who were, are, or will be employed by ABM in the State of California as Cleaner Employees who used a personal cell phone to punch in and out of the EPAY system and who (a) worked at an ABM facility that did not provide a biometric clock and (b) were not offered an ABM-provided cell phone during the period beginning on January 1, 2012, through the date of notice to the Class Members that a class has been certified in this action; (2) all employees who were, are, or will be employed by ABM in the State of California as Cleaner Employees who used a personal cell phone to report unusual or suspicious circumstances to supervisors and were not offered (a) an ABM-provided cell phone or (b) a two-way radio during the period beginning four years prior to the filing of the original complaint, October 24, 2014, through the date of notice to the Class Members that a class has been certified in this action; and (3) all employees who were, are, or will be employed by ABM in the State of California as Cleaner Employees who used a personal cell phone to respond to communications from supervisors and were not offered (a) an ABM-provided cell phone or (b) a two-way radio during the period beginning four years prior to the filing of the original complaint, October 24, 2014, through the date of notice to the Class Members that a class has been certified in this action. On February 9, 2018, ABM filed a petition for permission to appeal the district court’s order granting class certification with the United States Court of Appeals for the Ninth Circuit, which was denied on April 30, 2018. On March 20, 2018, ABM moved to compel arbitration of the claims of certain class members pursuant to the terms of three collective bargaining agreements. In response to that motion, on May 14, 2018, the district court modified the class definition to exclude all claims arising after the operative date(s) of the applicable collective bargaining agreements (which is June 1, 2016 for one agreement and May 1, 2016 for the other two agreements). However, the district court denied the motion to compel arbitration as to claims that arose prior to the operative date(s) of the applicable collective bargaining agreements. ABM has appealed to the Ninth Circuit the district court’s order denying the motion to compel arbitration with respect to the periods preceding the operative dates of the collective bargaining agreements. The parties have a court ordered mediation scheduled for October 15, 2018.

Income Taxes

Income Taxes	9 Months Ended
	Jul. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Tax Cuts and Jobs Act (the “ Tax Act ”), which was enacted on December 22, 2017, represents the most significant overhaul of the U.S. tax code in more than 30 years. Among other provisions, the Tax Act provides for a reduction of the federal corporate income tax rate from 35% to 21% and a “transition tax” to be levied on the deemed repatriation of indefinitely reinvested earnings of international subsidiaries. Since we have an October 31 fiscal year-end, the lower corporate income tax rate will be phased in, resulting in a U.S. statutory federal rate of 23.3% for fiscal 2018 and 21% for subsequent fiscal years. Other provisions under the Tax Act will not be effective for us until fiscal 2019, including limitations on deductibility of interest and executive compensation as well as a new minimum tax on Global Intangible Low-Taxed Income (“GILTI”). Due to the complexities of implementing the provisions of the Tax Act , the staff of the U.S. Securities and Exchange Commission issued Staff Accounting Bulletin 118 (“SAB 118”), which provides guidance on accounting for tax effects of the Tax Act and permits a measurement period not to exceed one year from the enactment date for companies to complete the required analyses and accounting. As permitted under SAB 118, some elements of the tax adjustments recorded in the first quarter of 2018 due to the enactment of the Tax Act , including the remeasurement of deferred tax assets and liabilities and the transition tax, are based on reasonable estimates and are considered provisional. During the three months ended January 31, 2018 we remeasured certain deferred tax assets and liabilities based on the new rates at which they are expected to reverse in the future and recorded a net discrete tax benefit of $28.5 million . In addition, we recorded an expense of $7.0 million for the one-time transition tax on the deemed repatriation of indefinitely reinvested earnings of our international subsidiaries. We plan to reinvest our foreign earnings to fund future non-U.S. growth and expansion, and we do not anticipate remitting such earnings to the United States. While U.S. federal tax expense has been recognized as a result of the Tax Act, no deferred tax liabilities with respect to state income taxes or foreign withholding taxes have been recognized. We continue to analyze certain aspects of the Tax Act and refine our calculation of the impact on our deferred tax balances, which could potentially affect the measurement of these balances. The provisional amount recorded is based on our estimate of the expected reversals of certain tax assets and liabilities, which may be revised in future quarters during the one-year measurement period as additional information becomes available. The final impact related to the one-time transition tax may differ from our current estimate due to the complexity of calculating and supporting U.S. tax attributes involved in foreign tax credit calculations, such as accumulated foreign earnings and profits, foreign tax paid, and other tax components. Changes to our estimates over the one-year measurement period could be material due to, among other things: changes in interpretations of the Tax Act; future legislative action to address questions that arise from the Tax Act; changes in accounting standards for income taxes or related interpretations in response to the Tax Act; or any updates or changes to estimates we have utilized to calculate the provisional amounts. We adjusted our provisional amounts by $0.2 million during the three months ended July 31, 2018 . Beginning in fiscal year 2019, provisions under GILTI could result in incremental U.S. federal tax on our foreign subsidiaries’ income in excess of an allowed return on certain tangible property. The Financial Accounting Standards Board has determined that filers have a policy choice to account for this tax on either a period basis or a deferred tax basis. We are still evaluating the impacts of GILTI on our business model and have not yet made any accounting adjustments or policy decisions regarding this new source of incremental U.S. taxable income. Our quarterly provision for income taxes from continuing operations is calculated using an estimated annual effective income tax rate, which is adjusted for discrete items that occur during the reporting period. Our income taxes for the three months ended July 31, 2018 were favorably impacted by the reduction of the federal corporate income tax rate resulting from the Tax Act . Discrete tax benefits of $4.2 million , including interest of $0.7 million , related to expiring statute of limitations for an uncertain tax position and $1.6 million of excess tax benefits related to the vesting of share-based compensation awards were also recorded during the quarter. Our income taxes for the nine months ended July 31, 2018 were favorably impacted by: a net discrete tax benefit of $21.5 million related to the enactment of the Tax Act ; $4.1 million , including interest of $0.6 million , related to expiring statute of limitations for an uncertain tax position; $3.1 million of excess tax benefits related to the vesting of share-based compensation awards; and $2.6 million related to tax deductions on energy efficient government buildings. These benefits were partially offset by a $1.5 million reduction in certain tax credits, including the prior year Work Opportunity Tax Credits (“WOTC”) for new hires. Our income taxes for the three and nine months ended July 31, 2017 were favorably impacted by a benefit of $15.8 million , including interest of $1.2 million , related to expiring statute of limitations for an uncertain tax position. In addition, the nine months ended July 31, 2017 also benefited from $2.7 million of excess tax benefits related to the vesting of share-based compensation awards, $1.8 million of tax deductions for energy efficient government buildings, and the 2017 WOTC for new hires.

Segment Information

Segment Information	9 Months Ended
	Jul. 31, 2018
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION Effective November 1, 2017, we reorganized our reportable segments to reflect the integration of GCA into our industry group model. Our reportable segments consist of Business & Industry (“B&I”), Aviation, Technology & Manufacturing (“T&M”), Education, Technical Solutions, and Healthcare, as further described below. Refer to Note 2 , “Basis of Presentation and Significant Accounting Policies,” for information related to our former Government Services business. REPORTABLE SEGMENTS AND DESCRIPTIONS B&I B&I, our largest reportable segment, encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues. B&I also provides vehicle maintenance and other services to rental car providers (“Vehicle Services Contracts”). Aviation Aviation supports airlines and airports with services ranging from parking and janitorial to passenger assistance, catering logistics, air cabin maintenance, and transportation. T&M T&M combines our legacy Industrial & Manufacturing business, which was previously included in our B&I segment, with our legacy High Tech industry group, which was previously reported as part of our legacy Emerging Industries Group. T&M provides janitorial, facilities engineering, and parking services. Education Education delivers janitorial, custodial, landscaping and grounds, facilities engineering, and parking services for public school districts, private schools, colleges, and universities. This business was previously reported as part of our legacy Emerging Industries Group. Technical Solutions Technical Solutions specializes in mechanical and electrical services. These services can also be leveraged for cross-selling across all of our industry groups, both domestically and internationally. Healthcare Healthcare offers janitorial, facilities management, clinical engineering, food and nutrition, laundry and linen, parking and guest services, and patient transportation services at traditional hospitals and non-acute facilities. This business was previously reported as part of our legacy Emerging Industries Group. Financial Information by Reportable Segment Three Months Ended July 31, Nine Months Ended July 31, (in millions) 2018 2017 2018 2017 Revenues Business & Industry $ 735.2 $ 652.6 $ 2,180.5 $ 1,945.6 Aviation 256.8 258.9 758.3 722.9 Technology & Manufacturing 230.8 161.5 690.3 494.4 Education 210.9 67.3 623.5 199.5 Technical Solutions 121.6 106.7 334.1 325.2 Healthcare 69.1 59.3 206.7 181.6 Government Services — 12.3 — 86.5 $ 1,624.3 $ 1,318.4 $ 4,793.5 $ 3,955.6 Operating profit (loss) Business & Industry $ 38.9 $ 37.3 $ 111.0 $ 100.4 Aviation 9.7 5.4 20.6 16.8 Technology & Manufacturing 16.9 11.0 49.8 35.8 Education 12.0 3.9 31.8 11.1 Technical Solutions 11.9 9.4 24.9 27.5 Healthcare 2.5 2.8 7.9 7.7 Government Services — 1.7 (0.8 ) 21.8 Corporate (42.7 ) (47.5 ) (127.3 ) (118.5 ) Adjustment for income from unconsolidated affiliates, net, included in Aviation and Government Services (0.9 ) (1.0 ) (2.5 ) (3.4 ) Adjustment for tax deductions for energy efficient government buildings, included in Technical Solutions (0.3 ) (0.4 ) (2.6 ) (1.8 ) 48.1 22.6 112.9 97.4 Income from unconsolidated affiliates, net 1.0 1.2 2.5 3.6 Interest expense (12.9 ) (2.8 ) (41.0 ) (9.1 ) Income from continuing operations before income taxes $ 36.1 $ 21.0 $ 74.4 $ 91.9 The accounting policies for our segments are the same as those disclosed within our significant accounting policies in Note 2 , “Basis of Presentation and Significant Accounting Policies.” Our management evaluates the performance of each reportable segment based on its respective operating profit results, which include the allocation of certain centrally incurred costs. Corporate expenses not allocated to segments include certain CEO and other finance and human resource departmental expenses, certain information technology costs, share-based compensation, certain legal costs and settlements, restructuring and related costs, certain adjustments resulting from actuarial developments of self-insurance reserves, and direct acquisition costs.

Basis of Presentation and Sig18

Basis of Presentation and Significant Accounting Policies (Policies)	9 Months Ended
	Jul. 31, 2018
Accounting Policies [Abstract]
Basis of presentation	The accompanying unaudited consolidated financial statements have been prepared in accordance with (i) United States generally accepted accounting principles (“U.S. GAAP”) for interim financial information and (ii) the instructions to Form 10-Q and Article 10 of Regulation S-X. In the opinion of our management, our unaudited consolidated financial statements and accompanying notes (the “Financial Statements”) include all normal recurring adjustments that are necessary for the fair statement of the interim periods presented. Interim results of operations are not necessarily indicative of results for the full year. The Financial Statements should be read in conjunction with our audited consolidated financial statements (and notes thereto) in our Annual Report on Form 10-K for the fiscal year ended October 31, 2017 . Unless otherwise indicated, all references to years are to our fiscal year, which ends on October 31 .
Business combinations policy	On September 1, 2017 (the “Acquisition Date”), we completed the acquisition of GCA Services Group (“GCA”). Accordingly, our consolidated statements of comprehensive income (loss) and statements of cash flows include GCA’s results of operations in the three and nine months ended July 31, 2018 , but exclude GCA’s results of operations in the three and nine months ended July 31, 2017 , as that was prior to the Acquisition Date. See Note 3 , “Acquisitions,” for further information on the acquisition of GCA.
Reclassifications policy	Effective November 1, 2017, we made changes to our operating structure as a result of the GCA acquisition. To reflect these changes, certain prior year amounts, including operating segment data, have been reclassified to conform with our fiscal 2018 presentation. These changes had no impact on our previously reported consolidated balance sheets, statements of comprehensive income (loss), or statements of cash flows. See Note 12 , “Segment Information,” for further details.
Management reimbursement revenue by segment	We operate certain parking facilities under managed location arrangements. Under these arrangements, we manage the parking facility for a management fee and pass through the revenue and expenses associated with the facility to the owner. These revenues and expenses are reported in equal amounts as costs reimbursed from our managed locations
New accounting pronouncements	In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, establishing Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers . The FASB subsequently issued several clarifying ASUs, collectively referred to as “ASC 606,” that introduce a new principles-based framework for revenue recognition and disclosure. The core requirement of the standard is when an entity transfers goods or services to customers it will recognize revenue in an amount that reflects the consideration the entity expects to be entitled to for those goods or services. ASC 606 allows either a full retrospective adoption to all periods presented or a modified retrospective adoption approach with a cumulative-effect adjustment to retained earnings as of the beginning of the year of adoption. To assess the impact of this standard, we have established a cross-functional implementation team consisting of representatives from all of our operating segments. The implementation team is completing the analysis of our contract portfolio to identify potential differences that would result from applying the requirements of this new standard. In addition, we continue to identify and implement the appropriate changes to our business processes and controls to support revenue recognition and the expanded disclosures required under this new standard. We expect adoption of this standard to have an impact on the timing of revenue recognition related to certain lines of business and the financial statement line item reporting of certain items. Additionally, the accounting for certain direct and incremental contract costs is significantly different from our current capitalization policy; however, the full impact of this difference is currently unknown. We are continuing to evaluate the impact of this standard and an estimate of the impact to our consolidated financial statements cannot be made at this time. We expect to adopt ASC 606 on November 1, 2018 using the modified retrospective approach, under which we will present the cumulative effect of adoption as an adjustment to the opening balance of retained earnings at the adoption date. No other recently issued standards are expected to have a significant impact on our fiscal 2019 consolidated financial statements.

Basis of Presentation and Sig19

Basis of Presentation and Significant Accounting Policies (Tables)	9 Months Ended
	Jul. 31, 2018
Accounting Policies [Abstract]
Schedule of management reimbursement revenue by segment	These revenues and expenses are reported in equal amounts as costs reimbursed from our managed locations: Three Months Ended July 31, Nine Months Ended July 31, (in millions) 2018 2017 2018 2017 Business & Industry $ 65.0 $ 59.3 $ 191.4 $ 175.2 Aviation 23.8 21.9 76.9 54.7 Healthcare 4.7 4.6 14.6 14.0 Total $ 93.5 $ 85.8 $ 282.9 $ 243.8

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Jul. 31, 2018
Business Combinations [Abstract]
Schedule of Consideration Transferred	Consideration Transferred (in millions, except per share data) Shares of ABM common stock, net of shares withheld for taxes 9.4 ABM common stock closing market price at acquisition date $ 44.63 Fair value of ABM common stock at closing 421.3 Cash consideration (1) 837.5 Total consideration transferred $ 1,258.8 (1) Revised during the second quarter of 2018 to reflect a post-closing purchase price adjustment related to a net working capital settlement.
Schedule of Preliminary Purchase Price Allocation	The following table presents our preliminary estimates of fair values of the assets we acquired and the liabilities we assumed on the date of acquisition as previously reported at year-end 2017 and at the end of the third quarter of 2018 . As reported at As reported at (in millions) October 31, 2017 Adjustments July 31, 2018 Cash and cash equivalents $ 2.5 $ (2.3 ) $ 0.2 Trade accounts receivable (1) 118.1 (0.4 ) 117.7 Prepaid expenses and other current assets 10.3 (0.3 ) 10.1 Property, plant and equipment 41.4 0.1 41.5 Customer relationships (2) 340.0 (10.0 ) 330.0 Trade names (2) 9.0 — 9.0 Goodwill (3) 933.9 0.3 934.2 Other assets 4.2 (0.2 ) 4.0 Trade accounts payable (9.1 ) (0.4 ) (9.6 ) Insurance reserves (35.5 ) (0.6 ) (36.1 ) Income taxes payable (16.5 ) 8.2 (8.3 ) Accrued liabilities (36.5 ) 3.3 (33.1 ) Deferred income tax liability, net (92.6 ) — (92.6 ) Other liabilities (8.1 ) — (8.1 ) Net assets acquired $ 1,261.3 $ (2.4 ) $ 1,258.8 (1) The gross amount of trade accounts receivable was $122.0 million , of which $4.3 million is currently expected to be uncollectible. (2) The amortization periods for the acquired intangible assets are 15 years for customer relationships and 2 years for trade names. (3) Goodwill is largely attributable to value we expect to obtain from long-term business growth, the established workforce, and buyer-specific synergies. This goodwill is not deductible for income tax purposes.
Schedule of Pro Forma Financial Information	Accordingly, the pro forma information is not necessarily indicative of the results that would have been achieved if the acquisition had been effective on November 1, 2015 . Three Months Ended Nine Months Ended (in millions) July 31, 2017 July 31, 2017 Pro forma revenue $ 1,573.2 $ 4,712.5 Pro forma income from continuing operations 36.1 82.6

Restructuring and Related Cos21

Restructuring and Related Costs (Tables)	9 Months Ended
	Jul. 31, 2018
Restructuring and Related Activities [Abstract]
Schedule of Restructuring and Related Liabilities	Rollforward of Restructuring and Related Liabilities (in millions) Balance, October 31, 2017 Costs Recognized (1) Payments Non-Cash Items Balance, July 31, 2018 Employee severance $ 2.7 $ 10.8 $ (8.9 ) $ — $ 4.6 Lease exit costs and asset impairment 2.8 2.5 (1.2 ) (1.1 ) 3.1 Other project fees 0.4 5.1 (4.4 ) — 1.1 External support fees 2.5 4.0 (6.5 ) — — Total $ 8.4 $ 22.5 $ (21.0 ) $ (1.1 ) $ 8.8 (1) We include these costs within corporate expenses. Cumulative Restructuring and Related Charges (in millions) External Support Fees Employee Severance Other Project Fees Lease Exit Costs Asset Impairment Total GCA $ 2.0 $ 12.8 $ 4.9 $ — $ — $ 19.6 2020 Vision 30.0 13.5 10.7 7.7 5.2 67.1 Total $ 32.0 $ 26.3 $ 15.5 $ 7.7 $ 5.2 $ 86.7

Net Income Per Common Share (Ta

Net Income Per Common Share (Tables)	9 Months Ended
	Jul. 31, 2018
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Net Income Per Common Share Calculations	Basic and Diluted Net Income Per Common Share Calculations Three Months Ended July 31, Nine Months Ended July 31, (in millions, except per share amounts) 2018 2017 2018 2017 Income from continuing operations $ 33.7 $ 32.9 $ 87.1 $ 80.6 (Loss) income from discontinued operations, net of taxes (0.1 ) — 1.0 (73.2 ) Net income $ 33.6 $ 32.9 $ 88.1 $ 7.4 Weighted-average common and common equivalent shares outstanding — Basic 66.1 56.1 66.0 56.0 Effect of dilutive securities Restricted stock units 0.1 0.3 0.1 0.3 Stock options 0.1 0.2 0.1 0.2 Performance shares — — — 0.1 Weighted-average common and common equivalent shares outstanding — Diluted 66.3 56.6 66.3 56.6 Net income per common share — Basic Income from continuing operations $ 0.51 $ 0.59 $ 1.32 $ 1.44 Income (loss) from discontinued operations — — 0.02 (1.31 ) Net income $ 0.51 $ 0.59 $ 1.33 $ 0.13 Net income per common share — Diluted Income from continuing operations $ 0.51 $ 0.58 $ 1.31 $ 1.42 Income (loss) from discontinued operations — — 0.02 (1.29 ) Net income $ 0.51 $ 0.58 $ 1.33 $ 0.13
Schedule of Anti-Dilutive Outstanding Stock Awards Issued Under Share-Based Compensation Plans	Anti-Dilutive Outstanding Stock Awards Issued Under Share-Based Compensation Plans Three Months Ended July 31, Nine Months Ended July 31, (in millions) 2018 2017 2018 2017 Anti-dilutive 0.5 — 0.4 —

Fair Value of Financial Instr23

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Jul. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis	Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis (in millions) Fair Value Hierarchy July 31, 2018 October 31, 2017 Cash and cash equivalents (1) 1 $ 46.0 $ 62.8 Insurance deposits (2) 1 0.6 11.2 Assets held in funded deferred compensation plan (3) 1 2.8 4.6 Credit facility (4) 2 1,036.1 1,191.2 Interest rate swaps (5) 2 — 2.9 Investments in auction rate securities (6) 3 5.0 8.0 Contingent consideration liability (7) 3 0.9 0.9 (1) Cash and cash equivalents are stated at nominal value, which equals fair value. (2) Represents restricted deposits that are used to collateralize our insurance obligations and are stated at nominal value, which equals fair value. These insurance deposits are included in “Other noncurrent assets” on the accompanying unaudited consolidated balance sheets. See Note 8 , “Insurance,” for further information. (3) Represents investments held in a Rabbi trust associated with one of our deferred compensation plans, which we include in “Other noncurrent assets” on the accompanying unaudited consolidated balance sheets. The fair value of the assets held in the funded deferred compensation plan is based on quoted market prices. (4) Represents gross outstanding borrowings under our syndicated line of credit and term loan. Due to variable interest rates, the carrying value of outstanding borrowings under our line of credit and term loan approximates the fair value. See Note 9 , “Credit Facility,” for further information. (5) Represents interest rate swap derivatives designated as cash flow hedges. The fair values of the interest rate swaps are estimated based on the present value of the difference between expected cash flows calculated at the contracted interest rates and the expected cash flows at current market interest rates using observable benchmarks for LIBOR forward rates at the end of the period. At October 31, 2017, these interest rate swaps were included in “Other noncurrent assets” on the accompanying unaudited consolidated balance sheets. During April 2018, we elected to terminate our interest rate swaps. See Note 9 , “Credit Facility,” for further information. (6) The fair value of investments in auction rate securities is based on discounted cash flow valuation models, primarily utilizing unobservable inputs, including assumptions about the underlying collateral, credit risks associated with the issuer, credit enhancements associated with financial insurance guarantees, and the possibility of the security being re-financed by the issuer or having a successful auction. These amounts are included in “Other investments” on the accompanying unaudited consolidated balance sheets. See Note 7 , “Auction Rate Securities,” for further information. (7) Certain of our acquisitions involve the payment of contingent consideration. The fair value of these liabilities is based on the expected achievement of certain pre-established revenue goals. Our contingent consideration liability is included in “Other accrued liabilities” and “Other noncurrent liabilities” on the accompanying unaudited consolidated balance sheets.

Auction Rate Securities (Tables

Auction Rate Securities (Tables)	9 Months Ended
	Jul. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Significant Assumptions Used to Determine Fair Value of Auction Rate Securities	Significant Assumptions Used to Determine the Fair Values of Our Auction Rate Securities Assumption July 31, 2018 October 31, 2017 Discount rates L + 0.41% L + 0.42% and L + 0.79% Yields L + 2.00% 2.15%, L + 2.00% Average expected lives 4 years 4 - 10 years L – One Month LIBOR

Insurance (Tables)

Insurance (Tables)	9 Months Ended
	Jul. 31, 2018
Insurance [Abstract]
Schedule of Insurance Related Balances and Activity	Insurance Related Balances and Activity (in millions) July 31, 2018 October 31, 2017 Insurance claim reserves excluding medical and dental $ 500.4 $ 485.6 Medical and dental claim reserves 8.9 9.8 Insurance recoverables 73.8 73.1
Schedule of Instruments Used to Collateralize Insurance Obligations	Instruments Used to Collateralize Our Insurance Obligations (in millions) July 31, 2018 October 31, 2017 Standby letters of credit $ 146.7 $ 137.6 Surety bonds 89.0 77.5 Restricted insurance deposits 0.6 11.2 Total $ 236.3 $ 226.3

Credit Facility (Tables)

Credit Facility (Tables)	9 Months Ended
	Jul. 31, 2018
Debt Disclosure [Abstract]
Schedule of Credit Facility Information	Credit Facility Information (in millions) July 31, 2018 October 31, 2017 Current portion of long-term debt Gross term loan $ 30.0 $ 20.0 Less: unamortized deferred financing costs (3.0 ) (3.1 ) Current portion of term loan $ 27.0 $ 16.9 Long-term debt Gross term loan $ 750.0 $ 780.0 Less: unamortized deferred financing costs (7.7 ) (9.9 ) Total noncurrent portion of term loan 742.3 770.1 Line of credit (1)(2) 256.1 391.2 Long-term debt $ 998.4 $ 1,161.3 (1) Standby letters of credit amounted to $155.5 million at July 31, 2018 . (2) At July 31, 2018 , we had borrowing capacity of $477.3 million ; however, covenant restrictions limited our actual borrowing capacity to $196.0 million .
Schedule of Term Loan Maturities	During the first quarter, we made $20.0 million of principal payments. As of July 31, 2018 , the following principal payments are required under the term loan. (in millions) 2019 2020 2021 2022 Debt maturities $ 40.0 $ 60.0 $ 120.0 $ 560.0
Schedule of Interest Rate Swap Information	We subsequently entered into new forward-starting interest rate swaps, as summarized below. Notional Amounts Fixed Interest Rates Effective Dates Maturity Dates $ 90.0 million 2.83% November 1, 2018 April 30, 2021 $ 90.0 million 2.84% November 1, 2018 October 31, 2021 $ 130.0 million 2.86% November 1, 2018 April 30, 2022 $ 130.0 million 2.84% November 1, 2018 September 1, 2022

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Jul. 31, 2018
Segment Reporting [Abstract]
Schedule of Financial Information by Reportable Segment	Financial Information by Reportable Segment Three Months Ended July 31, Nine Months Ended July 31, (in millions) 2018 2017 2018 2017 Revenues Business & Industry $ 735.2 $ 652.6 $ 2,180.5 $ 1,945.6 Aviation 256.8 258.9 758.3 722.9 Technology & Manufacturing 230.8 161.5 690.3 494.4 Education 210.9 67.3 623.5 199.5 Technical Solutions 121.6 106.7 334.1 325.2 Healthcare 69.1 59.3 206.7 181.6 Government Services — 12.3 — 86.5 $ 1,624.3 $ 1,318.4 $ 4,793.5 $ 3,955.6 Operating profit (loss) Business & Industry $ 38.9 $ 37.3 $ 111.0 $ 100.4 Aviation 9.7 5.4 20.6 16.8 Technology & Manufacturing 16.9 11.0 49.8 35.8 Education 12.0 3.9 31.8 11.1 Technical Solutions 11.9 9.4 24.9 27.5 Healthcare 2.5 2.8 7.9 7.7 Government Services — 1.7 (0.8 ) 21.8 Corporate (42.7 ) (47.5 ) (127.3 ) (118.5 ) Adjustment for income from unconsolidated affiliates, net, included in Aviation and Government Services (0.9 ) (1.0 ) (2.5 ) (3.4 ) Adjustment for tax deductions for energy efficient government buildings, included in Technical Solutions (0.3 ) (0.4 ) (2.6 ) (1.8 ) 48.1 22.6 112.9 97.4 Income from unconsolidated affiliates, net 1.0 1.2 2.5 3.6 Interest expense (12.9 ) (2.8 ) (41.0 ) (9.1 ) Income from continuing operations before income taxes $ 36.1 $ 21.0 $ 74.4 $ 91.9

The Company and Nature of Ope28

The Company and Nature of Operations - Narrative (Details)	9 Months Ended
	Jul. 31, 2018segmentindustry_group
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of industry groups | industry_group	5
Number of technical solutions segments | segment	1

Basis of Presentation and Sig29

Basis of Presentation and Significant Accounting Policies - Government Services (Details) - Disposed of by sale, not discontinued operations - Government Services - USD ($) $ in Millions	May 31, 2017	Oct. 31, 2017	Jul. 31, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sale of government services business, consideration	$ 35.5
Gain on sale of Government Services business		$ 1.2	$ 1.1

Basis of Presentation and Sig30

Basis of Presentation and Significant Accounting Policies - Management Reimbursement Revenue (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Segment Reporting Information [Line Items]
Parking facility management fee revenue	$ 93.5	$ 85.8	$ 282.9	$ 243.8
Business & Industry
Segment Reporting Information [Line Items]
Parking facility management fee revenue	65	59.3	191.4	175.2
Aviation
Segment Reporting Information [Line Items]
Parking facility management fee revenue	23.8	21.9	76.9	54.7
Healthcare
Segment Reporting Information [Line Items]
Parking facility management fee revenue	$ 4.7	$ 4.6	$ 14.6	$ 14

Acquisitions - GCA Consideratio

Acquisitions - GCA Consideration Transferred (Details) - GCA Holding Corp. $ / shares in Units, shares in Millions, $ in Millions	Sep. 01, 2017USD ($)$ / sharesshares
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Fair value of ABM common stock at closing	$ 421.3
Cash consideration	837.5
Total consideration transferred	$ 1,258.8
Common Stock
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Shares of ABM common stock, net of shares withheld for taxes (in shares) | shares	9.4
ABM common stock closing market price at acquisition date (usd per share) | $ / shares	$ 44.63

Acquisitions - GCA Preliminary

Acquisitions - GCA Preliminary Purchase Price Allocation (Details) - USD ($) $ in Millions		9 Months Ended
		Jul. 31, 2018	Oct. 31, 2017
Business Acquisition [Line Items]
Adjustment, trade accounts receivable	[1]	$ (0.4)
Adjustment, prepaid and other current assets		(0.3)
Goodwill		1,864.3	$ 1,864.2
GCA Holding Corp.
Business Acquisition [Line Items]
Cash and cash equivalents		0.2	2.5
Adjustment, Cash and cash equivalents		(2.3)
Trade accounts receivable	[1]	117.7	118.1
Prepaid expenses and other current assets		10.1	10.3
Property, plant and equipment		41.5	41.4
Adjustment, Property, plant and equipment		0.1
Goodwill	[2]	934.2	933.9
Adjustment, Goodwill	[2]	0.3
Other assets		4	4.2
Adjustment, Other assets		(0.2)
Trade accounts payable		(9.6)	(9.1)
Adjustment, Trade accounts payable		(0.4)
Insurance reserves		(36.1)	(35.5)
Adjustment, Insurance reserves		(0.6)
Income taxes payable		(8.3)	(16.5)
Adjustment, Income taxes payable		8.2
Accrued liabilities		(33.1)	(36.5)
Adjustment, Accrued liabilities		3.3
Deferred income tax liability, net		(92.6)	(92.6)
Adjustment, Deferred income tax liability, net		0
Other liabilities		(8.1)	(8.1)
Net assets acquired		1,258.8	1,261.3
Adjustment, Net assets acquired		(2.4)
Acquired Receivables
Trade accounts receivable, gross		122
Estimated uncollectible trade accounts receivable		4.3
GCA Holding Corp. | Customer relationships
Business Acquisition [Line Items]
Intangible assets	[3]	330	340
Adjustment, Intangible assets	[3]	$ (10)
Acquired Intangible Assets
Amortization period for acquired intangible assets		15 years
GCA Holding Corp. | Trade names
Business Acquisition [Line Items]
Intangible assets	[3]	$ 9	$ 9
Acquired Intangible Assets
Amortization period for acquired intangible assets		2 years
[1]	The gross amount of trade accounts receivable was $122.0 million, of which $4.3 million is currently expected to be uncollectible.
[2]	Goodwill is largely attributable to value we expect to obtain from long-term business growth, the established workforce, and buyer-specific synergies. This goodwill is not deductible for income tax purposes.
[3]	The amortization periods for the acquired intangible assets are 15 years for customer relationships and 2 years for trade names.

Acquisitions - GCA Pro Forma Fi

Acquisitions - GCA Pro Forma Financial Information (Details) - GCA Holding Corp. - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Revenue related to GCA recorded in reporting period	$ 260		$ 768
Operating profit related to GCA recorded in reporting period	$ 9.8		$ 22.3
Pro forma statutory tax rate (percent)				41.00%
Pro forma revenue		$ 1,573.2		$ 4,712.5
Pro forma income from continuing operations		36.1		82.6
Business acquisition related costs		$ 2.2		$ 2.2

Acquisitions - Other 2017 Acqui

Acquisitions - Other 2017 Acquisitions (Details) $ in Millions	Dec. 01, 2016USD ($)
Mechanical Solutions Inc (MSI)
Business Acquisition [Line Items]
Purchase price	$ 12.6
Contingent consideration liability	1
OFJ Connections Ltd (OFJ)
Business Acquisition [Line Items]
Purchase price	$ 6.3

Restructuring and Related Cos35

Restructuring and Related Costs - Restructuring and Related Liabilities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Restructuring Reserve [Roll Forward]
Balance, beginning of period			$ 8.4
Costs recognized	$ 2.9	$ 5.2	22.5	$ 16
Payments			(21)
Non-cash charges			(1.1)
Balance, end of period	8.8		8.8
Employee Severance
Restructuring Reserve [Roll Forward]
Balance, beginning of period			2.7
Costs recognized			10.8
Payments			(8.9)
Non-cash charges			0
Balance, end of period	4.6		4.6
Lease Exit
Restructuring Reserve [Roll Forward]
Balance, beginning of period			2.8
Costs recognized			2.5
Payments			(1.2)
Non-cash charges			(1.1)
Balance, end of period	3.1		3.1
Other Project Fees
Restructuring Reserve [Roll Forward]
Balance, beginning of period			0.4
Costs recognized			5.1
Payments			(4.4)
Non-cash charges			0
Balance, end of period	1.1		1.1
External Support Fees
Restructuring Reserve [Roll Forward]
Balance, beginning of period			2.5
Costs recognized			4
Payments			(6.5)
Non-cash charges			0
Balance, end of period	$ 0		$ 0

Restructuring and Related Cos36

Restructuring and Related Costs - Cumulative Restructuring and Related Charges (Details) $ in Millions	Jul. 31, 2018USD ($)
Restructuring Cost and Reserve [Line Items]
Cumulative charges	$ 86.7
GCA Restructuring Program
Restructuring Cost and Reserve [Line Items]
Cumulative charges	19.6
2020 Vision Restructuring Program
Restructuring Cost and Reserve [Line Items]
Cumulative charges	67.1
External Support Fees
Restructuring Cost and Reserve [Line Items]
Cumulative charges	32
External Support Fees | GCA Restructuring Program
Restructuring Cost and Reserve [Line Items]
Cumulative charges	2
External Support Fees | 2020 Vision Restructuring Program
Restructuring Cost and Reserve [Line Items]
Cumulative charges	30
Employee Severance
Restructuring Cost and Reserve [Line Items]
Cumulative charges	26.3
Employee Severance | GCA Restructuring Program
Restructuring Cost and Reserve [Line Items]
Cumulative charges	12.8
Employee Severance | 2020 Vision Restructuring Program
Restructuring Cost and Reserve [Line Items]
Cumulative charges	13.5
Other Project Fees
Restructuring Cost and Reserve [Line Items]
Cumulative charges	15.5
Other Project Fees | GCA Restructuring Program
Restructuring Cost and Reserve [Line Items]
Cumulative charges	4.9
Other Project Fees | 2020 Vision Restructuring Program
Restructuring Cost and Reserve [Line Items]
Cumulative charges	10.7
Lease Exit
Restructuring Cost and Reserve [Line Items]
Cumulative charges	7.7
Lease Exit | GCA Restructuring Program
Restructuring Cost and Reserve [Line Items]
Cumulative charges	0
Lease Exit | 2020 Vision Restructuring Program
Restructuring Cost and Reserve [Line Items]
Cumulative charges	7.7
Asset Impairment
Restructuring Cost and Reserve [Line Items]
Cumulative charges	5.2
Asset Impairment | GCA Restructuring Program
Restructuring Cost and Reserve [Line Items]
Cumulative charges	0
Asset Impairment | 2020 Vision Restructuring Program
Restructuring Cost and Reserve [Line Items]
Cumulative charges	$ 5.2

Net Income Per Common Share - C

Net Income Per Common Share - Calculations of Basic and Diluted Net Income Per Common Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Schedule of Earnings Per Share, Basic and Diluted, by Common Class [Line Items]
Income from continuing operations	$ 33.7	$ 32.9	$ 87.1	$ 80.6
(Loss) income from discontinued operations, net of taxes	(0.1)	0	1	(73.2)
Net income	$ 33.6	$ 32.9	$ 88.1	$ 7.4
Weighted-average common and common equivalent shares outstanding - Basic (in shares)	66.1	56.1	66	56
Effect of dilutive securities
Weighted-average common and common equivalent shares outstanding - Diluted (in shares)	66.3	56.6	66.3	56.6
Net income per common share — Basic
Income from continuing operations (in usd per share)	$ 0.51	$ 0.59	$ 1.32	$ 1.44
Loss from discontinued operations (in usd per share)	0	0	0.02	(1.31)
Net income (loss) (in usd per share)	0.51	0.59	1.33	0.13
Net income per common share — Diluted
Income from continuing operations (in usd per share)	0.51	0.58	1.31	1.42
Loss from discontinued operations (in usd per share)	0	0	0.02	(1.29)
Net income (loss) (in usd per share)	$ 0.51	$ 0.58	$ 1.33	$ 0.13
Restricted stock units
Effect of dilutive securities
Effect of dilutive securities (in shares)	0.1	0.3	0.1	0.3
Stock options
Effect of dilutive securities
Effect of dilutive securities (in shares)	0.1	0.2	0.1	0.2
Performance shares
Effect of dilutive securities
Effect of dilutive securities (in shares)	0	0	0	0.1

Net Income Per Common Share - A

Net Income Per Common Share - Anti-Dilutive Outstanding Stock Awards Issued Under Share-Based Compensation Plans (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Earnings Per Share [Abstract]
Anti-dilutive (in shares)	0.5	0	0.4	0

Fair Value of Financial Instr39

Fair Value of Financial Instruments - Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Millions		Jul. 31, 2018	Oct. 31, 2017
Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	[1]	$ 46	$ 62.8
Insurance deposits	[2]	0.6	11.2
Assets held in funded deferred compensation plan	[3]	2.8	4.6
Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit facility	[4]	1,036.1	1,191.2
Interest rate swaps	[5]	0	2.9
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments in auction rate securities	[6]	5	8
Contingent consideration liability	[7]	$ 0.9	$ 0.9
[1]	Cash and cash equivalents are stated at nominal value, which equals fair value.
[2]	Represents restricted deposits that are used to collateralize our insurance obligations and are stated at nominal value, which equals fair value. These insurance deposits are included in “Other noncurrent assets” on the accompanying unaudited consolidated balance sheets. See Note 8, “Insurance,” for further information.
[3]	Represents investments held in a Rabbi trust associated with one of our deferred compensation plans, which we include in “Other noncurrent assets” on the accompanying unaudited consolidated balance sheets. The fair value of the assets held in the funded deferred compensation plan is based on quoted market prices.
[4]	Represents gross outstanding borrowings under our syndicated line of credit and term loan. Due to variable interest rates, the carrying value of outstanding borrowings under our line of credit and term loan approximates the fair value. See Note 9, “Credit Facility,” for further information.
[5]	Represents interest rate swap derivatives designated as cash flow hedges. The fair values of the interest rate swaps are estimated based on the present value of the difference between expected cash flows calculated at the contracted interest rates and the expected cash flows at current market interest rates using observable benchmarks for LIBOR forward rates at the end of the period. At October 31, 2017, these interest rate swaps were included in “Other noncurrent assets” on the accompanying unaudited consolidated balance sheets. During April 2018, we elected to terminate our interest rate swaps. See Note 9, “Credit Facility,” for further information.
[6]	The fair value of investments in auction rate securities is based on discounted cash flow valuation models, primarily utilizing unobservable inputs, including assumptions about the underlying collateral, credit risks associated with the issuer, credit enhancements associated with financial insurance guarantees, and the possibility of the security being re-financed by the issuer or having a successful auction. These amounts are included in “Other investments” on the accompanying unaudited consolidated balance sheets. See Note 7, “Auction Rate Securities,” for further information.
[7]	Certain of our acquisitions involve the payment of contingent consideration. The fair value of these liabilities is based on the expected achievement of certain pre-established revenue goals. Our contingent consideration liability is included in “Other accrued liabilities” and “Other noncurrent liabilities” on the accompanying unaudited consolidated balance sheets.

Auction Rate Securities - Narra

Auction Rate Securities - Narrative (Details)	3 Months Ended
	Jul. 31, 2018USD ($)	Oct. 31, 2017USD ($)institution
Schedule of Available-for-sale Securities [Line Items]
Number of different auction rate securities issuers | institution		2
Auction Rate Securities
Schedule of Available-for-sale Securities [Line Items]
Investment in auction rate securities, original principal amount	$ 5,000,000	$ 10,000,000
Investment in auction rate securities, amortized cost basis	3,000,000	8,000,000
Proceeds from sale of AFS securities, debt	2,900,000
Investment in auction rate securities, fair value		8,000,000
Unrealized holding gain (loss) on securities	0	$ 0
Auction Rate Securities | Retained Earnings
Schedule of Available-for-sale Securities [Line Items]
Total amount of other-than-temporary impairment (OTTI) credit loss recognized	2,000,000
Auction Rate Securities Maturing in 2050
Schedule of Available-for-sale Securities [Line Items]
Investment in auction rate securities, original principal amount	5,000,000
Investment in auction rate securities, amortized cost basis	5,000,000
Investment in auction rate securities, fair value	$ 5,000,000

Auction Rate Securities - Signi

Auction Rate Securities - Significant Assumptions Used to Determine Fair Value of Auction Rate Securities (Details)	9 Months Ended	12 Months Ended
	Jul. 31, 2018	Oct. 31, 2017
Schedule of Available-for-sale Securities [Line Items]
Discount rates	0.41%
Libor plus stated yield	2.00%	2.00%
Yields		2.15%
Average expected lives	4 years
Minimum
Schedule of Available-for-sale Securities [Line Items]
Discount rates		0.42%
Average expected lives		4 years
Maximum
Schedule of Available-for-sale Securities [Line Items]
Discount rates		0.79%
Average expected lives		10 years

Insurance - Narrative (Details)

Insurance - Narrative (Details) - USD ($)	3 Months Ended	6 Months Ended	9 Months Ended
	Jul. 31, 2018	Apr. 30, 2018	Jul. 31, 2018	Jul. 31, 2017
Schedule of Other Liabilities [Line Items]
Self insurance retention amount per-claim	$ 1,000,000		$ 1,000,000
Insurance policy coverage, general and automobile liability losses	200,000,000		200,000,000
Insurance policy coverage, property damage	75,000,000		75,000,000
Change in reserves for insurance claims	6,000,000	$ 4,000,000	10,000,000	$ 22,300,000
Insurance reserve adjustment, amount less than prior year adjustment			(12,300,000)
Minimum
Schedule of Other Liabilities [Line Items]
Primary policy limit	1,000,000		1,000,000
Maximum
Schedule of Other Liabilities [Line Items]
Primary policy limit	5,000,000		5,000,000
Self insurance retention amount per-claim, medical plan	$ 400,000		$ 400,000

Insurance - Insurance Related B

Insurance - Insurance Related Balances and Activity (Details) - USD ($) $ in Millions	Jul. 31, 2018	Oct. 31, 2017
Liability for Claims and Claims Adjustment Expense [Line Items]
Insurance recoverables	$ 73.8	$ 73.1
Claim Types Excluding Medical and Dental
Liability for Claims and Claims Adjustment Expense [Line Items]
Insurance claim reserves	500.4	485.6
Medical and Dental Claims
Liability for Claims and Claims Adjustment Expense [Line Items]
Insurance claim reserves	$ 8.9	$ 9.8

Insurance - Instruments Used to

Insurance - Instruments Used to Collateralize Insurance Obligations (Details) - USD ($) $ in Millions	Jul. 31, 2018	Oct. 31, 2017
Letters Of Credit [Line Items]
Instruments used to collateralize insurance obligations	$ 236.3	$ 226.3
Standby letters of credit
Letters Of Credit [Line Items]
Instruments used to collateralize insurance obligations	146.7	137.6
Surety bonds
Letters Of Credit [Line Items]
Instruments used to collateralize insurance obligations	89	77.5
Restricted insurance deposits
Letters Of Credit [Line Items]
Instruments used to collateralize insurance obligations	$ 0.6	$ 11.2

Credit Facility - Narrative (De

Credit Facility - Narrative (Details)	Sep. 05, 2018	Sep. 01, 2017USD ($)	Jul. 31, 2020	Jul. 31, 2018	Aug. 31, 2017USD ($)
Minimum | Revolving Credit Facility
Line of Credit Facility [Line Items]
Commitment fee percentage on unused portion of the Facility		0.20%
Maximum | Revolving Credit Facility
Line of Credit Facility [Line Items]
Commitment fee percentage on unused portion of the Facility		0.35%
Prior Credit Facility | Revolving Credit Facility | Line of Credit
Line of Credit Facility [Line Items]
Line of credit facility, borrowing capacity					$ 800,000,000
Credit Facility
Line of Credit Facility [Line Items]
Weighted average interest rate				4.07%
Deferred financing costs		$ 18,700,000
Credit Facility | Line of Credit
Line of Credit Facility [Line Items]
Deferred financing costs		5,200,000
Credit Facility | Term Loan
Line of Credit Facility [Line Items]
Debt instrument, face amount		800,000,000
Deferred financing costs		13,400,000
Credit Facility | Revolving Credit Facility | Line of Credit
Line of Credit Facility [Line Items]
Line of credit facility, borrowing capacity		900,000,000
Borrowing capacity after initial year of term		800,000,000
Credit Facility | Standby Letters of Credit
Line of Credit Facility [Line Items]
Line of credit facility, borrowing capacity		300,000,000
Credit Facility | Swing Line Loan
Line of Credit Facility [Line Items]
Line of credit facility, borrowing capacity		$ 75,000,000
Credit Facility | Minimum
Line of Credit Facility [Line Items]
Fixed charge coverage ratio		1.50
Credit Facility | Maximum
Line of Credit Facility [Line Items]
Leverage ratio		4.75
Leverage ratio election option for four fiscal quarters in event of material acquisition		3.75
Credit Facility | Maximum | Forecast
Line of Credit Facility [Line Items]
Leverage ratio			3.50
Credit Facility | Eurodollar | Forecast
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.25%
Credit Facility | Eurodollar | Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate		1.00%
Credit Facility | Eurodollar | Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate		2.25%
Credit Facility | Base Rate | Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate		0.00%
Credit Facility | Base Rate | Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate		1.25%

Credit Facility - Credit Facili

Credit Facility - Credit Facility Information (Details) - USD ($) $ in Millions		Jul. 31, 2018	Oct. 31, 2017
Current portion of long-term debt
Gross term loan		$ 30	$ 20
Less: unamortized deferred financing costs		(3)	(3.1)
Current portion of term loan		27	16.9
Long-term debt
Gross term loan		750	780
Less: unamortized deferred financing costs		(7.7)	(9.9)
Total noncurrent portion of term loan		742.3	770.1
Line of credit	[1],[2]	256.1	391.2
Long-term debt		998.4	$ 1,161.3
Standby letters of credit		155.5
Borrowing capacity		477.3
Borrowing capacity after covenant restrictions		$ 196
[1]	At July 31, 2018, we had borrowing capacity of $477.3 million; however, covenant restrictions limited our actual borrowing capacity to $196.0 million.
[2]	Standby letters of credit amounted to $155.5 million at July 31, 2018.

Credit Facility - Term Loan Mat

Credit Facility - Term Loan Maturities (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 31, 2018	Jul. 31, 2018
Debt Instrument [Line Items]
Debt instrument, periodic payment, principal	$ 20
Term Loan
Term Loan Maturities
Debt maturities, 2019		$ 40
Debt maturities, 2020		60
Debt maturities, 2021		120
Debt maturities, 2022		$ 560

Credit Facility - Interest Rate

Credit Facility - Interest Rate Swaps (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017	Nov. 01, 2018	Oct. 31, 2017
Line of Credit Facility [Line Items]
Proceeds from termination of interest rate swaps			$ 25,900,000	$ 0
Net gains from cash flow hedges recorded in accumulated other comprehensive loss, net of tax	$ 17,800,000		17,800,000			$ 1,700,000
Interest expense	12,900,000	$ 2,800,000	41,000,000	$ 9,100,000
Interest rate cash flow hedge gain (loss) to be reclassified during next 12 months, gross	3,900,000		3,900,000
Interest rate cash flow hedge gain (loss) to be reclassified during next 12 months, net	1,600,000		1,600,000
Accumulated Net Gain (Loss) from Cash Flow Hedges
Line of Credit Facility [Line Items]
Tax related to amounts in accumulated other comprehensive loss	7,100,000		7,100,000			$ 1,200,000
Interest expense	900,000		900,000
Interest expense, net of taxes	$ 300,000		$ 300,000
Subsequent Event | Interest Rate Swap, Maturity 4/30/2021
Line of Credit Facility [Line Items]
Notional amount					$ 90,000,000
Derivative, fixed interest rate (percent)					2.8275%
Subsequent Event | Interest Rate Swap, Maturity 10/31/2021
Line of Credit Facility [Line Items]
Notional amount					$ 90,000,000
Derivative, fixed interest rate (percent)					2.84%
Subsequent Event | Interest Rate Swap, Maturity 4/30/2022
Line of Credit Facility [Line Items]
Notional amount					$ 130,000,000
Derivative, fixed interest rate (percent)					2.86%
Subsequent Event | Interest Rate Swap, Maturity 9/1/2022
Line of Credit Facility [Line Items]
Notional amount					$ 130,000,000
Derivative, fixed interest rate (percent)					2.84%

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details)	Dec. 08, 2017USD ($)	Nov. 03, 2017USD ($)plaintiff	Feb. 07, 2017plaintiff	Jul. 31, 2018USD ($)	Aug. 01, 2018USD ($)
Loss Contingencies [Line Items]
Standby letters of credit				$ 155,500,000
Surety bonds				$ 454,700,000	$ 2,700,000
Subsidiary ownership interest (in percent)				33.00%
Loss contingency amount accrued for probable losses				$ 11,700,000
Litigation losses				3,800,000
Energy Savings Contracts
Loss Contingencies [Line Items]
Guarantee obligation				176,000,000
Performance Guarantee | Joint Venture
Loss Contingencies [Line Items]
Total guarantees				35,000,000
Hussein And Isse
Loss Contingencies [Line Items]
Loss contingency amount accrued for probable losses				3,800,000
Settlement amount		$ 8,300,000
Isse
Loss Contingencies [Line Items]
Number of plaintiffs | plaintiff		220	60
Payments for legal settlements	$ 4,500,000
Minimum
Loss Contingencies [Line Items]
Amount of reasonably possible loss				0
Maximum
Loss Contingencies [Line Items]
Amount of reasonably possible loss				$ 4,000,000

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended		12 Months Ended
	Jul. 31, 2018	Jan. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017	Oct. 31, 2019	Oct. 31, 2018
Income Taxes [Line Items]
Net discrete tax benefit from remeasurement of deferred taxes at new rate due to Tax Act	$ 4.2	$ 28.5	$ 15.8	$ 21.5	$ 15.8
One-time transition tax on deemed repatriation of indefinitely reinvested earnings		$ 7
Tax Cuts and Jobs Act of 2017, Incomplete Accounting, Change in Tax Rate, Increase in Provisional Income Tax Expense (Benefit)	(0.2)
Unrecognized tax benefits, interest on income tax expense	0.7		$ 1.2	0.6	1.2
Income tax benefit related to vesting of share-based compensation awards	$ 1.6			3.1	2.7
Effective Income Tax Reconciliation, Deduction Energy Efficient Government Buildings, Amount				2.6
Discrete tax benefit related to enactment of Tax Act				4.1
Increase (decrease) in tax credits, work opportunity tax credit				$ 1.5	$ 1.8
Forecast
Income Taxes [Line Items]
U.S. statutory federal rate (percent)						21.00%	23.30%

Segment Information - Financial

Segment Information - Financial Information by Reportable Segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Revenues
Revenues	$ 1,624.3	$ 1,318.4	$ 4,793.5	$ 3,955.6
Operating profit (loss)
Income from unconsolidated affiliates, net	1	1.2	2.5	3.6
Operating profit (loss)	48.1	22.6	112.9	97.4
Interest expense	(12.9)	(2.8)	(41)	(9.1)
Income from continuing operations before income taxes	36.1	21	74.4	91.9
Corporate
Operating profit (loss)
Operating profit (loss)	(42.7)	(47.5)	(127.3)	(118.5)
Segment Reconciling Items
Operating profit (loss)
Income from unconsolidated affiliates, net	(0.9)	(1)	(2.5)	(3.4)
Adjustment for tax deductions for energy efficient government buildings, included in Technical Solutions	(0.3)	(0.4)	(2.6)	(1.8)
Business & Industry | Operating Segments
Revenues
Revenues	735.2	652.6	2,180.5	1,945.6
Operating profit (loss)
Operating profit (loss)	38.9	37.3	111	100.4
Aviation | Operating Segments
Revenues
Revenues	256.8	258.9	758.3	722.9
Operating profit (loss)
Operating profit (loss)	9.7	5.4	20.6	16.8
Technology & Manufacturing | Operating Segments
Revenues
Revenues	230.8	161.5	690.3	494.4
Operating profit (loss)
Operating profit (loss)	16.9	11	49.8	35.8
Education | Operating Segments
Revenues
Revenues	210.9	67.3	623.5	199.5
Operating profit (loss)
Operating profit (loss)	12	3.9	31.8	11.1
Technical Solutions | Operating Segments
Revenues
Revenues	121.6	106.7	334.1	325.2
Operating profit (loss)
Operating profit (loss)	11.9	9.4	24.9	27.5
Healthcare | Operating Segments
Revenues
Revenues	69.1	59.3	206.7	181.6
Operating profit (loss)
Operating profit (loss)	2.5	2.8	7.9	7.7
Government Services | Operating Segments
Revenues
Revenues	0	12.3	0	86.5
Operating profit (loss)
Operating profit (loss)	$ 0	$ 1.7	$ (0.8)	$ 21.8