Joy Global Inactive 10-Q4 Mar 162016 Q1 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Jan. 29, 2016	Feb. 26, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	JOY GLOBAL INC
Entity Central Index Key	801,898
Document Type	10-Q
Document Period End Date	Jan. 29, 2016
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--10-28
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		97,931,858

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Jan. 29, 2016	Jan. 30, 2015
Income Statement [Abstract]
Net sales	$ 526,300	$ 703,873
Cost of sales	438,256	517,569
Product development, selling and administrative expenses	110,413	130,394
Costs incurred	26,659	665
Other income	(3,941)	(3,213)
Operating (loss) income	(45,087)	58,458
Interest income	807	2,940
Interest expense	(12,923)	(15,897)
(Loss) income before income taxes	(57,203)	45,501
(Benefit) provision for income taxes	(16,982)	14,976
Net (loss) income	$ (40,221)	$ 30,525
Basic (loss) earnings per share (in dollars per share)	$ (0.41)	$ 0.31
Diluted (loss) earnings per share (in dollars per share)	(0.41)	0.31
Dividends per share (in dollars per share)	$ 0.01	$ 0.2
Weighted average shares outstanding:
Basic (in shares)	97,851	97,547
Diluted (in shares)	97,851	98,138

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Jan. 29, 2016	Jan. 30, 2015
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (40,221)	$ 30,525
Other comprehensive (loss) income:
Change in unrecognized prior service costs on pension and other postretirement obligations, net of taxes of $104 and $15	46	35
Derivative instrument fair market value adjustment, net of (benefits) taxes of ($146) and $1,520	(346)	3,688
Foreign currency translation adjustment on long-term intercompany foreign loans	3,380	(10,893)
Other foreign currency translation adjustment	(35,443)	(109,829)
Total other comprehensive loss, net of taxes	(32,363)	(116,999)
Comprehensive loss	$ (72,584)	$ (86,474)

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Jan. 29, 2016	Jan. 30, 2015
Statement of Comprehensive Income [Abstract]
Change in unrecognized pension and other postretirement obligations, (taxes) benefits	$ (104)	$ (15)
Derivative instrument fair market value adjustment, (taxes) benefits	$ 146	$ (1,520)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jan. 29, 2016	Oct. 30, 2015	Jan. 30, 2015	Oct. 31, 2014
Current assets:
Cash and cash equivalents	$ 139,933	$ 102,885	$ 152,326	$ 270,191
Accounts receivable, net	650,931	812,073
Inventories	962,663	1,007,925
Other current assets	110,879	145,559
Total current assets	1,864,406	2,068,442
Property, plant and equipment, net	752,448	792,032
Other assets:
Other intangible assets, net	249,678	255,710
Goodwill	354,627	354,621
Deferred income taxes	149,641	118,913
Other non-current assets	109,934	122,728
Total other assets	863,880	851,972
Total assets	3,480,734	3,712,446
Current liabilities:
Short-term borrowings, including current portion of long-term obligations	29,532	26,321
Trade accounts payable	216,408	275,789
Employee compensation and benefits	78,743	90,335
Advance payments and progress billings	235,508	229,470
Accrued warranties	50,518	52,146	$ 58,528	$ 67,272
Other accrued liabilities	211,368	225,277
Current liabilities of discontinued operations	11,582	11,582
Total current liabilities	833,659	910,920
Long-term obligations	992,740	1,060,643
Other liabilities:
Liabilities for postretirement benefits	17,296	19,540
Accrued pension costs	178,513	175,699
Other non-current liabilities	114,108	125,635
Total other liabilities	309,917	320,874
Shareholders’ equity	1,344,418	1,420,009
Total liabilities and shareholders’ equity	$ 3,480,734	$ 3,712,446

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Jan. 29, 2016	Jan. 30, 2015
Operating Activities:
Net (loss) income	$ (40,221)	$ 30,525
Adjustments to continuing operations:
Depreciation and amortization	40,087	33,679
Changes in deferred income taxes	(849)	14,479
Contributions to defined benefit employee pension plans	(1,418)	(10,846)
Defined benefit employee pension and postretirement plan expense (income)	6,217	(6,186)
Share-based compensation expense	4,367	7,554
Changes in long-term receivables	6,740	2,350
Other adjustments to continuing operations, net	3,589	833
Changes in working capital items attributed to continuing operations:
Accounts receivable, net	146,678	138,034
Inventories	26,917	(113,544)
Other current assets	(2,658)	(16,370)
Trade accounts payable	(54,900)	(65,315)
Employee compensation and benefits	(8,883)	(48,076)
Advance payments and progress billings	8,957	42,497
Accrued warranties	(85)	(6,593)
Other accrued liabilities	(25,949)	(21,376)
Net cash provided (used) by operating activities	108,589	(18,355)
Investing Activities:
Property, plant and equipment acquired	(8,103)	(22,258)
Proceeds from sale of property, plant and equipment	9,167	756
Other investing activities, net	122	141
Net cash provided (used) by investing activities	1,186	(21,361)
Financing Activities:
Common stock issued	0	273
Dividends paid	(997)	(19,489)
Repayments of term loan	(4,687)	0
Payments on credit agreement	(58,600)	0
Repayments of short term debt	(1,507)	0
Financing fees	(1,011)	0
Treasury stock purchased	0	(50,000)
Other financing activities, net	0	440
Net cash used by financing activities	(66,802)	(68,776)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	5,925	9,373
Increase (Decrease) in Cash and Cash Equivalents	37,048	(117,865)
Cash and Cash Equivalents at Beginning of Period	102,885	270,191
Cash and Cash Equivalents at End of Period	$ 139,933	$ 152,326

Description of Business

Description of Business	3 Months Ended
Description of Business	Jan. 29, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business Joy Global Inc. (the "Company," "we" and "us") is a leading manufacturer and servicer of high productivity mining equipment for the extraction of metals and minerals. We manufacture and market original equipment and parts and perform services for both underground and surface mining, as well as certain industrial applications. Our equipment is used in major mining regions throughout the world to mine coal, copper, iron ore, oil sands, gold and other minerals. We operate in two business segments: Underground Mining Machinery ("Underground") and Surface Mining Equipment ("Surface"). We are a major manufacturer of underground mining machinery for the extraction and haulage of coal and other bedded minerals. We are also a major producer of surface mining equipment for the extraction and haulage of copper, coal and other minerals and ores. We offer comprehensive direct service, which includes our smart service offerings, near major mining regions worldwide and provide extensive operational support for many types of equipment used in mining. Our principal manufacturing facilities are located in the United States, including facilities in Alabama, Pennsylvania, Texas and Wisconsin, and internationally, including facilities in Australia, Canada, China, South Africa, the United Kingdom and France.

Basis of Presentation

Basis of Presentation	3 Months Ended
Basis of Presentation	Jan. 29, 2016
Basis of Presentation [Abstract]
Basis of Presentation	Basis of Presentation The Condensed Consolidated Financial Statements presented in this Quarterly Report on Form 10-Q are unaudited and are presented in accordance with accounting principles generally accepted in the United States of America ("GAAP") and pursuant to SEC rules and regulations. In our opinion, all adjustments necessary for the fair presentation on a going concern basis of the results of operations, cash flows and financial position for all periods presented have been made. All such adjustments made are of a normal recurring nature. The preparation of the financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Ultimate realization of assets and settlement of liabilities in the future could differ from those estimates. These financial statements should be read in conjunction with the financial statements and accompanying notes included in our Annual Report on Form 10-K for the fiscal year ended October 30, 2015 . The results of operations for any interim period are not necessarily indicative of the results to be expected for the full year. Further, results for all periods presented reflect the voluntary change in our method of accounting for actuarial gains and losses and the calculation of our expected return on plan assets for all of our pension and other post-retirement benefit plans as discussed further in our Form 10-K for the year ended October 30, 2015.

Acquisitions

Acquisitions	3 Months Ended
Acquisitions	Jan. 29, 2016
Acquisitions [Abstract]
Acquisitions	Acquisitions Acquisition of Montabert S.A.S. On June 1, 2015 , we completed the acquisition of 100% of the equity of Montabert S.A.S. ("Montabert") for approximately $ 121.5 million dollars, gross of cash acquired of $ 7.1 million dollars. Montabert specializes in the design, production and distribution of high quality hydraulic rock breakers, pneumatic equipment, drilling attachments, drifters and related parts and tools. This acquisition expands the Company's product and service capabilities for hard rock mining, tunneling and rock excavation, further diversifying our commodity and end market exposures. Montabert's results of operations have been included as part of the Underground segment from the date of the acquisition forward. In connection with the acquisition, we recorded goodwill of approximately $ 55.5 million and intangible assets of approximately $ 35.1 million . The intangible assets are primarily comprised of customer relationships, trade names and patents, which are being amortized over their respective estimated useful lives. Other assets acquired consist of working capital related items and property, plant, and equipment, with values that are not individually significant.

Inventories

Inventories	3 Months Ended
Inventories	Jan. 29, 2016
Inventory Disclosure [Abstract]
Inventories	Inventories Consolidated inventories consist of the following: In thousands January 29, October 30, Finished goods 746,868 $ 814,306 Work in process 158,282 135,310 Raw materials 57,513 58,309 Total inventories $ 962,663 $ 1,007,925 Finished goods include finished components and parts in addition to any finished equipment.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
Goodwill and Other Intangible Assets	Jan. 29, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Finite-lived intangible assets are amortized to reflect the pattern of economic benefits consumed, which is principally the straight-line method. Intangible assets that are subject to amortization are evaluated for potential impairment whenever events or circumstances indicate that the carrying amount may not be recoverable. No impairment was identified related to our finite-lived intangible assets as of either January 29, 2016 or January 30, 2015 . Goodwill represents the excess of the purchase price over the fair value of identifiable net assets acquired in a business combination. Goodwill is assigned to specific reporting units, and is tested for impairment at least annually, during the fourth quarter of our fiscal year, or more frequently upon the occurrence of an event or when circumstances indicate that a reporting unit’s carrying amount is greater than its fair value. Due to the prolonged suppressed global commodity markets, its related effect on the global mining investment environment and the resulting impact on our stock price, our total shareholders’ equity exceeded our market capitalization during the quarter ended January 29, 2016 , indicating the possibility of an impairment to goodwill. Based on this indicator of impairment, we performed an interim test for impairment of goodwill as of the last day of our fiscal first quarter. This test was focused on our Surface reporting unit, as all Underground goodwill was fully impaired in the fourth quarter of fiscal 2015 . After completing our step one analysis, we determined that the estimated fair value of our Surface reporting unit exceeded its carrying value. Although we have concluded that there is no impairment on the goodwill of $354.6 million associated with our Surface segment as of the quarter ended January 29, 2016 , we will continue to closely monitor this in the future considering the volatility and uncertainty in the markets. Should there be further market declines and/or a market capitalization that continues to be lower than our total shareholders' equity in future periods, there is increasing risk that Surface segment goodwill may be impaired.

Warranties

Warranties	3 Months Ended
Warranties	Jan. 29, 2016
Product Warranties Disclosures [Abstract]
Warranties	Warranties We provide for the estimated costs that may be incurred under product warranties to remedy deficiencies of quality or performance of our products. Warranty costs are accrued at the time revenue is recognized. These product warranties extend over either a specified period of time, units of production or machine hours depending on the product subject to the warranty. We accrue a provision for estimated future warranty costs based on the historical relationship of warranty costs to sales. We periodically review the adequacy of the accrual for product warranties and adjust the warranty percentage and accrued warranty reserve for actual experience as necessary. The following table reconciles the changes in the product warranty reserve: Quarter Ended In thousands January 29, January 30, Balance, beginning of period 52,146 $ 67,272 Accrual for warranty expensed during the period 6,894 6,180 Settlements made during the period (6,992 ) (11,375 ) Effect of foreign currency translation (1,530 ) (3,549 ) Balance, end of period $ 50,518 $ 58,528

Borrowings and Credit Facilitie

Borrowings and Credit Facilities	3 Months Ended
Borrowings and Credit Facilities	Jan. 29, 2016
Debt Disclosure [Abstract]
Borrowings and Credit Facilities	Borrowings and Credit Facilities On July 29th, 2014, we entered into a revolving credit agreement that matures on July 29, 2019 (the "Credit Agreement"). On December 14, 2015, we entered into an amendment to our Credit Agreement that increases the maximum consolidated leverage ratio from a limit of 3.0x beginning in the second quarter of fiscal 2016 and continuing through the first quarter of fiscal 2018, with a maximum ratio of 4.5x for the fourth quarter of fiscal 2016 through the second quarter of fiscal 2017. The amendment also reduced the aggregate amount of revolving commitments of the lenders from $ 1.0 billion to $ 850.0 million and added a letter of credit sublimit of $ 500.0 million . In addition, we also agreed to limit priority debt (secured indebtedness and the unsecured indebtedness of our foreign subsidiaries) to 10% of consolidated net worth and to limit cash dividends to $ 25.0 million per year in the aggregate. We may continue to request an increase of up to $250.0 million of additional aggregate revolving commitments, subject to the terms and conditions contained in the Credit Agreement. Under the terms of the Credit Agreement, we pay a commitment fee ranging from 0.09% to 0.30% on the unused portion of the revolving credit facility based on our credit rating. Letters of credit issued under applicable provisions of the Credit Agreement represent an unfunded utilization of the Credit Agreement for purposes of calculating the periodic commitment fee due. Eurodollar rate loans bear interest for a period from the applicable borrowing date until a date one week or one , two , three or six months thereafter, as selected by the Company, at the corresponding Eurodollar rate plus a margin of 1.0% to 2.0% depending on the Company's credit rating. Base rate loans bear interest from the applicable borrowing date at a rate equal to (i) the highest of (a) the federal funds rate plus 0.5% , (b) the rate of interest in effect for such day as publicly announced by the administrative agent as its "prime rate," or (c) a daily rate equal to the one-month Eurodollar rate plus 1.0% , plus (ii) a margin that varies according to the Company's credit rating. Swing line loans bear interest at either the base rate described above or the daily floating Eurodollar rate plus the applicable margin, as selected by the Company. The Credit Agreement is guaranteed by each of our current and future material domestic subsidiaries and requires the maintenance of certain financial covenants, including leverage and interest coverage ratios. The Credit Agreement also restricts payment of dividends or other returns of capital to shareholders if the consolidated leverage ratio exceeds the maximum amount set forth therein. As of January 29, 2016 , we were in compliance with all financial covenants of the Credit Agreement. As of January 29, 2016 , there were no direct borrowings under the Credit Agreement. Total interest expense recognized for direct borrowings under the Credit Agreement for the quarters ended January 29, 2016 and January 30, 2015 was $0.5 million and $0.2 million , respectively. Outstanding standby letters of credit issued under the Credit Agreement, which count toward the $0.9 billion credit limit, totaled $141.9 million . As of January 29, 2016 , there was $708.1 million available for borrowings under the Credit Agreement. On July 29, 2014, we also entered into a term loan agreement that matures July 29, 2019 and provides for a commitment of up to $375.0 million . The Term Loan replaced our prior term loan, dated as of June 16, 2011. The Prior Term Loan had been scheduled to mature on July 16, 2016 and provided an initial commitment of $500.0 million , which had been drawn in full in conjunction with our fiscal 2011 acquisition of LeTourneau Technologies, Inc. and had been amortized to $375.0 million at the date that we entered into the Term Loan. We utilized the $375.0 million commitment under the Term Loan to repay the balance outstanding under the Prior Term Loan. On December 14, 2015, the Term Loan was amended to be consistent with the revolving Credit Agreement with respect to the maximum leverage ratio, restrictions on priority debt and dividends, and other restricted payments. The Term Loan requires quarterly principal payments beginning in fiscal 2016, of which $ 4.7 million was paid during the quarter ended January 29, 2016 , and contains terms and conditions that are the same as the terms and conditions of the Credit Agreement. The Term Loan is guaranteed by each of our current and future material domestic subsidiaries and requires the maintenance of certain financial covenants, including leverage and interest coverage ratios. As of January 29, 2016 , we were in compliance with all financial covenants of the Term Loan. On October 12, 2011, we issued $500.0 million aggregate principal amount of 5.125% Senior Notes due in 2021 (the "2021 Notes") in an offering that was registered under the Securities Act. Interest on the 2021 Notes is paid semi-annually in arrears on October 15 and April 15 of each year, and the 2021 Notes are guaranteed by each of our current and future material domestic subsidiaries. At our option, we may redeem some or all of the 2021 Notes at a redemption price of the greater of 100% of the principal amount of the 2021 Notes to be redeemed or the sum of the present values of the principal amounts and the remaining scheduled interest payments using a discount rate equal to the sum of a treasury rate of a comparable treasury issue plus 0.5% . In November 2006, we issued Senior Notes for an aggregate principal amount of $ 150.0 million at 6.625% due 2036 (the "2036 Notes"). Interest on the 2036 Notes is paid semi-annually in arrears on May 15 and November 15 of each year, and the 2036 Notes are guaranteed by each of our current and future material domestic subsidiaries. The 2036 Notes were originally issued in a private placement under an exemption from registration provided by the Securities Act. In the second quarter of fiscal 2007, the 2036 Notes were exchanged for substantially identical 2036 Notes in an exchange that was registered under the Securities Act. At our option, we may redeem some or all of the 2036 Notes at a redemption price of the greater of 100% of the principal amount of the 2036 Notes to be redeemed or the sum of the present values of the principal amounts and the remaining scheduled interest payments using a discount rate equal to the sum of a treasury rate of a comparable treasury issue plus 0.375% for the 2036 Notes. Our borrowings also include amounts related to transfers of certain receivables under factoring arrangements with recourse related to our French operations. Direct borrowings and capital lease obligations consist of the following: In thousands January 29, October 30, Domestic: Term Loan due 2019 370,313 375,000 5.125% Senior Notes due 2021 497,296 497,195 6.625% Senior Notes due 2036 148,561 148,553 Credit Agreement — 58,600 Foreign: Capital leases 62 159 Factoring arrangement 6,040 7,457 Total obligations 1,022,272 1,086,964 Less: Amounts due within one year (29,532 ) (26,321 ) Long-term obligations $ 992,740 $ 1,060,643

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss) Income	3 Months Ended
Accumulated Other Comprehensive (Loss) Income	Jan. 29, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive (Loss) Income	Accumulated Other Comprehensive (Loss) Income Comprehensive (loss) income and its components are presented in the Condensed Consolidated Statements of Comprehensive Loss. Changes in accumulated other comprehensive (loss) income, net of taxes, consist of the following: Quarter ended January 29, 2016 Quarter ended January 30, 2015 Change in Unrecognized Prior Service Costs on Pension and Other Postretirement Obligations Derivative Instrument Fair Market Value Adjustment Foreign Currency Translation Adjustment Total Change in Unrecognized Prior Service Costs on Pension and Other Postretirement Obligations Derivative Instrument Fair Market Value Adjustment Foreign Currency Translation Adjustment Total Beginning balance $ (1,282 ) $ 10,294 $ (156,084 ) $ (147,072 ) $ (1,486 ) $ 4,736 $ (9,530 ) $ (6,280 ) Other comprehensive (loss) income before reclassifications, net of taxes — (790 ) (32,063 ) (32,853 ) — 2,620 (120,722 ) (118,102 ) Amounts reclassified from accumulated other comprehensive (loss) income, net of taxes 46 444 — 490 35 1,068 — 1,103 Total other comprehensive (loss) income, net of taxes 46 (346 ) (32,063 ) (32,363 ) 35 3,688 (120,722 ) (116,999 ) Ending balance $ (1,236 ) $ 9,948 $ (188,147 ) $ (179,435 ) $ (1,451 ) $ 8,424 $ (130,252 ) $ (123,279 ) Details of the reclassifications from accumulated other comprehensive (loss) income are disclosed below: Amounts Reclassified from Accumulated Other Comprehensive (Loss) Income Quarter Ended Affected Line Items in the Statements of Operations January 29, January 30, Change in unrecognized prior service costs on pension and other postretirement obligations: Amortization of prior service cost $ 50 $ 50 Cost of sales/Product development, selling and administrative expense* Curtailment loss 100 — Administrative expense Deferred tax (104 ) (15 ) Provision for income taxes Amounts reclassified from accumulated other comprehensive income, net of taxes $ 46 $ 35 Derivative instrument fair market value adjustment: Foreign exchange cash flow hedges $ 631 $ 1,509 Net sales/Cost of sales** Deferred tax (187 ) (441 ) Provision for income taxes Amounts reclassified from accumulated other comprehensive income (loss), net of taxes $ 444 $ 1,068 Total reclassifications for the period $ 490 $ 1,103 * Amounts are included in the computation of net periodic benefits costs as either cost of sales or product development, selling and administrative expense as appropriate. Refer to Note 12, Retiree Benefits, for additional information. ** Amounts are included in either net sales or cost of sales as appropriate. Refer to Note 13, Derivatives, for additional information.

Shareholders' Equity

Shareholders' Equity	3 Months Ended
Shareholders' Equity	Jan. 29, 2016
Equity [Abstract]
Shareholders' Equity	Shareholders' Equity In August 2013, our Board of Directors authorized the Company to repurchase up to $1.0 billion in shares of our common stock until August 2016. Under the program, the Company may repurchase shares in the open market in accordance with applicable SEC rules and regulations. During the quarter ended January 29, 2016 , we did not repurchase any shares of common stock. During the quarter ended January 30, 2015 , we purchased 954,580 shares of common stock for approximately $50.0 million . The shares purchased during the first quarter of fiscal 2015 represent the latest purchases to date under the program. Since the program's inception, the Company has repurchased 9,771,605 shares of common stock under the program for approximately $533.4 million , leaving $466.6 million available under the program.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
Share-Based Compensation	Jan. 29, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	Share-Based Compensation Total share-based compensation expense recognized for the quarters ended January 29, 2016 and January 30, 2015 is $ 4.4 million and $ 7.6 million , respectively. The decline in expense from share-based compensation results from our quarterly reassessment of performance related measures. The total share-based compensation expense is reflected in our Condensed Consolidated Statements of Cash Flows in operating activities as an add back to net income . The corresponding deferred tax assets recognized related to the share-based compensation are $1.3 million and $ 1.9 million for the quarters ended January 29, 2016 and January 30, 2015 , respectively.

Restructuring Charges

Restructuring Charges	3 Months Ended
Restructuring Charges	Jan. 29, 2016
Restructuring and Related Activities [Abstract]
Restructuring Charges	Restructuring Charges During fiscal 2015, in response to the adverse market conditions, the Company made decisions to implement further cost reduction initiatives, which we refer to as the Restructuring Program. Expected and actual costs related to the Restructuring Program have continued into 2016 as more activities have been planned and initiated. These costs include entering into severance and termination agreements and full or partial closures of certain facilities in order to better align the Company's overall cost structure with anticipated levels of future demand. At this time, the Restructuring Program is currently expected to be completed by the end of fiscal 2017. Restructuring charges incurred to date related to the Restructuring Program have primarily consisted of employee severance and termination costs and accelerated depreciation. We also incurred and paid approximately $ 0.7 million of other cash related costs, consisting primarily of legal costs and equipment relocation costs. The following table summarizes the total expected costs from inception of the Restructuring Program through fiscal 2017 and the amounts incurred to date by segment as it relates to employee severance related costs and accelerated depreciation: In thousands Underground Surface Corporate Consolidated Employee Severance and Termination Costs Total expected costs from inception of program through fiscal 2017 $ 50,420 $ 17,715 $ 2,980 $ 71,115 Amount incurred for the year ended October 30, 2015 $ 16,340 $ 12,451 $ 2,585 $ 31,376 Amount incurred for the quarter ended January 29, 2016* $ 20,194 $ 564 $ 395 $ 21,153 * The amount incurred during the quarter ended January 29, 2016 includes $9.6 million of expenses for special termination benefits under the Joy Global qualified pension plan as part of continued restructuring activities in our Underground division. As noted below, amounts accrued for special termination benefits are included in our retiree benefit liabilities. In thousands Underground Surface Corporate Consolidated Accelerated Depreciation Total expected costs from inception of program through fiscal 2017 $ 15,358 $ 600 $ — $ 15,958 Amount incurred for the year ended October 30, 2015 $ 2,079 $ — $ — $ 2,079 Amount incurred for the quarter ended January 29, 2016 $ 4,779 $ — $ — $ 4,779 Amounts impacting the Company's reserves for restructuring charges for its Restructuring Program relate to employee severance and termination costs as follows: In thousands Quarter Ended January 29, 2016 Beginning accrual $ 13,613 Costs incurred 11,471 Costs paid/settled (11,303 ) Other adjustments (2,544 ) Effect of foreign currency translation (46 ) Ending accrual $ 11,191 Included in other adjustments is $ 2.6 million of special termination benefits recognized in fiscal 2015 under the Joy Global qualified pension plan for benefits to be provided to certain employees as part of restructuring activities in our Underground division. Those amounts are recorded in our retiree benefit liabilities and are therefore excluded from the restructuring accrual rollforward above. The Company expects to incur additional restructuring costs under its Restructuring Program, outside of employee severance and termination costs and accelerated depreciation, of approximately $ 1.8 million related to actions taken on these programs and include expected legal, environmental, and lease related charges. For the Restructuring Program, total restructuring charges are currently anticipated to be approximately $ 90 million through fiscal 2017, with total expected cash costs related to the Restructuring Program estimated to be approximately $ 74 million .

Retiree Benefits

Retiree Benefits	3 Months Ended
Retiree Benefits	Jan. 29, 2016
Compensation and Retirement Disclosure [Abstract]
Retiree Benefits	Retiree Benefits The components of the net periodic benefit cost (income) associated with our pension and other postretirement plans are as follows: Pension Benefits Postretirement Benefits Quarter Ended Quarter Ended In thousands January 29, January 30, January 29, January 30, Service cost $ 1,226 $ 977 $ 191 $ 253 Interest cost 18,736 19,657 305 300 Expected return on assets (23,844 ) (27,264 ) (147 ) (160 ) Amortization of prior service cost 17 17 33 33 Curtailment charge — — 100 — Special termination benefits 9,600 — — — Net periodic benefit cost/(income) $ 5,735 $ (6,613 ) $ 482 $ 426 For the quarter ended January 29, 2016 , we contributed $1.4 million to our defined benefit employee pension and other postretirement benefit plans, and we expect contributions to be approximately $10.0 million for the full fiscal year. During the quarter ended January 29, 2016 , we recognized $ 9.6 million of special termination benefits under the Joy Global qualified pension plan for benefits to be provided to certain employees as part of restructuring activities in our Underground division.

Derivatives

Derivatives	3 Months Ended
Derivatives	Jan. 29, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives We are exposed to certain foreign currency risks in the normal course of our global business operations. We enter into derivative contracts that are foreign currency forward contracts to hedge the risks of certain identified and anticipated transactions in currencies other than the functional currency of the respective operating unit. The types of risks hedged are those arising from the variability of future earnings and cash flows caused by fluctuations in foreign currency exchange rates. These contracts are for forecasted transactions and committed receivables and payables denominated in foreign currencies and are not entered into for speculative purposes. Consequently, any market-related losses on the forward contract would be offset by changes in the value of the hedged item, and, as a result, we are generally not exposed to net market risk associated with these instruments. Each derivative is classified as either a cash flow hedge, a fair value hedge or an undesignated instrument. All derivatives are recorded at fair value on the Condensed Consolidated Balance Sheets under the heading Other current assets or under the heading Other accrued liabilities, as appropriate. Cash flows from fair value and cash flow hedges are classified within the same category as the item being hedged on the Condensed Consolidated Statements of Cash Flows. Cash flows from undesignated derivative instruments are included in operating activities on the Condensed Consolidated Statements of Cash Flows. The total notional amount of our derivatives at January 29, 2016 is $ 615.0 million . For derivative contracts that are designated and qualify as a cash flow hedge, the effective portion of the gain or loss of the derivative contract is recorded as a component of other comprehensive income, net of tax. This amount is reclassified into the statement of operations on the line associated with the underlying transaction for the periods in which the hedged transaction affects earnings. The amounts recorded in accumulated other comprehensive income for existing cash flow hedges are generally expected to be reclassified into earnings within one year, and all of the existing hedges will be reclassified into earnings by November 2017 . There was no ineffectiveness related to these contracts for the quarters ended January 29, 2016 and January 30, 2015 . For derivative contracts that are designated and qualify as a fair value hedge, the gain or loss is recorded in the Condensed Consolidated Statements of Operations under the heading Cost of sales . For the quarters ended January 29, 2016 and January 30, 2015 , we recorded a loss of $1.6 million and a loss of $0.8 million , respectively, related to fair value hedges, which were offset by foreign exchange fluctuations of the underlying hedged item. For derivative contracts entered into in order to hedge revaluation of net balance sheet exposures in non-functional currency that are not designated as a fair value hedge or a cash flow hedge, the gain or loss is recorded in the Condensed Consolidated Statements of Operations under the heading Cost of sales . For the quarters ended January 29, 2016 and January 30, 2015 , we recorded a gain of $4.6 million and a gain of $6.8 million , respectively, related to undesignated hedges, which were offset by foreign exchange fluctuations. The following table summarizes the effect of cash flow hedges on the Condensed Consolidated Financial Statements: In thousands Effective Portion Amount of (Loss) Gain Recognized in Other Comprehensive Income (Loss) Gain Reclassified from Accumulated Other Comprehensive Income into Earnings Derivative Hedging Relationship Location Amount Foreign currency forward contracts Quarter ended January 29, 2016 $ (1,124 ) Cost of sales $ (485 ) Sales (146 ) Quarter ended January 30, 2015 $ 3,699 Cost of sales $ (1,509 ) Sales — We are exposed to credit risk in the event of nonperformance by counterparties to the forward contracts. The contract amount, along with the other terms of the forward, determines the amount and timing of amounts to be exchanged, and the contract is generally subject to credit risk only when it has a positive fair value.

Income Taxes

Income Taxes	3 Months Ended
Income Taxes	Jan. 29, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes In accordance with FASB Accounting Standards Codification 740, Income Taxes , each interim period is considered integral to the annual period and tax expense is measured using an estimated annual effective tax rate. An entity is required to record income tax expense each quarter based on its best estimate of the annual effective tax rate for the full fiscal year and use that rate to provide for income taxes on a current year-to-date basis, as adjusted for discrete taxable events that occur during the interim period. If, however, the entity is unable to reliably estimate its annual effective tax rate due to the Company’s inability to forecast income by jurisdiction or as a result of rate volatility caused by minor changes in income when projecting near break-even earnings, then the actual effective tax rate for the year-to-date may be the best annual effective tax rate estimate. For the quarter ended January 29, 2016 , the Company determined that the estimated annual effective rate method would not provide for a reliable estimate due to the volatility of income tax expense (benefit) to modest changes in forecasted annual pre-tax results. Therefore, the Company recorded a tax benefit for the quarter ended January 29, 2016 based on the actual effective rate (i.e. the “cut-off” method). The effective tax rate for the quarter ended January 30, 2015 was calculated based on an estimated annual effective tax rate in addition to discrete items. For the quarter ended January 29, 2016 , the Company recorded a benefit for income taxes from continuing operations of $17.0 million that resulted in an effective tax rate of 29.7% . A net discrete tax benefit of $0.8 million was recorded in the first quarter of fiscal 2016 . For the quarter ended January 30, 2015 , the Company recorded a provision for income taxes from continuing operations of $15.0 million that resulted in an effective tax rate of 32.9% . A net discrete tax expense of $0.4 million was recorded in the first quarter of fiscal 2015 .

Earnings Per Share

Earnings Per Share	3 Months Ended
Earnings Per Share	Jan. 29, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic (loss) earnings per share is computed by dividing net income by the weighted average number of shares outstanding during each period. Diluted earnings per share is computed similar to basic earnings per share, except that the weighted average number of shares outstanding is increased to include additional shares from the assumed exercise of stock options, performance shares and restricted stock units, if dilutive. The following table sets forth the computation of basic and diluted earnings per share: Quarter Ended In thousands, except per share amounts January 29, January 30, Numerator: Net (loss) income $ (40,221 ) $ 30,525 Denominator: Weighted average shares outstanding 97,851 97,547 Dilutive effect of stock options, performance shares and restricted stock units — 591 Weighted average shares outstanding assuming dilution 97,851 98,138 Basic (loss) earnings per share $ (0.41 ) $ 0.31 Diluted (loss) earnings per share $ (0.41 ) $ 0.31 In the first quarter of fiscal 2016, the computation of weighted average shares outstanding assuming dilution does not include the effect of stock options, performance shares and restricted stock units because a loss from continuing operations existed and thus the result would have been antidilutive. Weighted average shares outstanding therefore excludes 5.3 million shares for these antidilutive items. Options to purchase a weighted average of 2.3 million shares were excluded from the calculation of diluted earnings per share for the quarter ended January 30, 2015 , as the effect would have been antidilutive.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
Fair Value Measurements	Jan. 29, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements GAAP establishes a three level fair value hierarchy that prioritizes information used in developing assumptions when pricing an asset or liability as follows: Level 1: Quoted prices in active markets for identical instruments; Level 2: Inputs, other than quoted prices in active markets, that are observable for the instrument either directly or indirectly or quoted prices for similar instruments in active markets; and Level 3: Unobservable inputs for the instrument where there is little or no market data, which requires the reporting entity to develop its own assumptions. GAAP requires the use of observable market data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement. The following tables present the fair value hierarchy for those assets and liabilities measured at fair value and disclose the fair value of long-term obligations recorded at cost as of January 29, 2016 and October 30, 2015 . As of January 29, 2016 and October 30, 2015 , we did not have any Level 3 assets or liabilities. Fair Value Measurements as of January 29, 2016 In thousands Carrying Value Total Fair Value Level 1 Level 2 Current Assets Cash equivalents $ 8,780 $ 8,780 $ 8,780 $ — Other Current Assets Derivatives $ 12,290 $ 12,290 $ — $ 12,290 Other Accrued Liabilities Derivatives $ 7,458 $ 7,458 $ — $ 7,458 Long-term Obligations Including Amounts due within One Year Term Loan due 2019 $ 370,313 $ 364,334 $ — $ 364,334 5.125% Senior Notes due 2021 $ 497,296 $ 356,930 $ — $ 356,930 6.625% Senior Notes due 2036 $ 148,561 $ 94,871 $ — $ 94,871 Fair Value Measurements as of October 30, 2015 In thousands Carrying Value Total Fair Value Level 1 Level 2 Current Assets Cash equivalents $ 9,831 $ 9,831 $ 9,831 $ — Other Current Assets Derivatives $ 20,267 $ 20,267 $ — $ 20,267 Other Accrued Liabilities Derivatives $ 10,577 $ 10,577 $ — $ 10,577 Long-term Obligations Including Amounts due within One Year Term Loan due 2019 $ 375,000 $ 373,668 $ — $ 373,668 5.125% Senior Notes due 2021 $ 497,195 $ 446,680 $ — $ 446,680 6.625% Senior Notes due 2036 $ 148,553 $ 119,310 $ — $ 119,310 Credit Agreement $ 58,600 $ 58,600 — $ 58,600 The following methods and assumptions were used to estimate the fair value of each class of financial instruments: Cash equivalents : The carrying value of cash equivalents approximates fair value based on the short-term nature of these instruments. Derivatives : The fair value of forward foreign exchange contracts is based on a valuation model that discounts cash flows resulting from the differential between the contract price and the market-based forward rate. Term Loan : The fair value of the Term Loan is estimated using discounted cash flows and market conditions. Senior Notes : The fair market value of the senior notes is estimated based on market quotations of similar instruments at the respective period end. Credit Agreement : The carrying value of the revolving credit facility approximates fair value based on the short-term nature of these borrowings.

Contingent Liabilities

Contingent Liabilities	3 Months Ended
Contingent Liabilities	Jan. 29, 2016
Commitments and Contingencies Disclosure [Abstract]
Contingent Liabilities	Contingent Liabilities We establish reserves based on our assessment of contingencies related to legal claims asserted against us, as required by GAAP. Developments during the course of legal proceedings may affect our assessments and estimates of our contingencies, which in turn may require us to record or change the amount of a reserve, or make a payment that is different than the amount that we have reserved. In addition, as a normal part of operations, our subsidiaries undertake contractual obligations, warranties and guarantees in connection with the sale of products or services. Although the outcome of these matters cannot be predicted with certainty and favorable or unfavorable resolutions may affect the results of operations on a quarter-to-quarter basis, we believe that the outcome of such legal and other matters will not have a materially adverse effect on our future consolidated financial position, results of operations or liquidity. We and our subsidiaries are involved in various unresolved legal matters that arise in the normal course of operations, the most prevalent of which relate to product liability (including approximately 3,530 asbestos and silica-related cases), employment and commercial matters. We and our subsidiaries also become involved from time to time in proceedings relating to environmental matters and litigation arising outside the ordinary course of business. As of January 29, 2016 , we were contingently liable to banks, financial institutions and others for approximately $154.5 million for outstanding standby letters of credit, surety bonds and bank guarantees to secure the performance of sales contracts and other third party provided guarantees in the ordinary course of business. Of the $154.5 million , approximately $11.6 million relates to surety bonds and $1.0 million relates to outstanding letters of credit or other guarantees issued by non-U.S. banks for non-U.S. subsidiaries under locally provided credit facilities. In addition, we have received a subpoena from the SEC's Division of Enforcement concerning our 2012 acquisition of IMM and related accounting matters. We are cooperating with the SEC regarding this investigation, which is ongoing. While it is not possible to predict the timing or outcome of the SEC inquiry, we currently believe that this matter will not have a material adverse effect on the Company's future consolidated results of operation, financial position, or liquidity.

Segment Information

Segment Information	3 Months Ended
Segment Information	Jan. 29, 2016
Segment Reporting [Abstract]
Segment Information	Segment Information We operate in two reportable segments: Underground and Surface. Crushing and conveying operating results related to surface applications are reported as part of the Surface segment, while total crushing and conveying operating results are included in the Underground segment. Eliminations primarily consist of the surface applications of crushing and conveying included in both operating segments. The results of operations for Montabert have been included in the Underground segment from its acquisition date forward. Operating (loss) income of segments does not include interest income and expense, corporate administration expenses, the provision for income taxes, or any impact in the quarter related amortization of the inventory impact of the previous year's fourth quarter mark to market adjustment for our pension and other postretirement benefit plans. In thousands Underground Surface Corporate Eliminations Total Quarter ended January 29, 2016 Net sales $ 274,494 $ 276,572 $ — $ (24,766 ) $ 526,300 Operating (loss) income $ (38,450 ) $ 7,788 $ (7,529 ) $ (6,896 ) $ (45,087 ) Interest income — — 807 — 807 Interest expense — — (12,923 ) — (12,923 ) (Loss) income before income taxes $ (38,450 ) $ 7,788 $ (19,645 ) $ (6,896 ) $ (57,203 ) Depreciation and amortization $ 22,420 $ 16,741 $ 926 $ — $ 40,087 Capital expenditures $ 6,774 $ 1,089 $ 240 $ — $ 8,103 Quarter ended January 30, 2015 Net sales $ 384,663 $ 347,036 $ — $ (27,826 ) $ 703,873 Operating income (loss) $ 42,230 $ 31,346 $ (8,662 ) $ (6,456 ) $ 58,458 Interest income — — 2,940 — 2,940 Interest expense — — (15,897 ) — (15,897 ) Income (loss) before income taxes $ 42,230 $ 31,346 $ (21,619 ) $ (6,456 ) $ 45,501 Depreciation and amortization $ 19,188 $ 13,789 $ 702 $ — $ 33,679 Capital expenditures $ 9,061 $ 13,104 $ 93 $ — $ 22,258

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
Recent Accounting Pronouncements	Jan. 29, 2016
Accounting Policies [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In February 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-02, Leases (Topic 842) , which requires lessees to record most leases on their balance sheets. Lessees initially recognize a lease liability (measured at the present value of the lease payments over the lease term) and a right-of-use ("ROU") asset (measured at the lease liability amount, adjusted for lease prepayments, lease incentives received and the lessee’s initial direct costs). Lessees can make an accounting policy election to not recognize ROU assets and lease liabilities for leases with a lease term of 12 months or less as long as the leases do not include options to purchase the underlying assets that the lessee is reasonably certain to exercise. For lessors, the guidance modifies the classification criteria and the accounting for sales-type and direct financing leases. The ASU is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2018. Early adoption is permitted for all entities. The ASU is effective for the Company beginning on October 26, 2019 and the standard requires the use of a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. Full retrospective application is prohibited . The Company is beginning to evaluate the impact that the adoption of this guidance will have on our financial condition, results of operations and the presentation of our financial statements. In January 2016, the FASB issued ASU No. 2016-01, Recognition and Measurement of Financial Assets and Liabilities , which amends the guidance on the classification and measurement of financial instruments. Although the ASU retains many current requirements, it significantly revises an entity's accounting related to (1) the classification and measurement of investments in equity securities and (2) the presentation of certain fair value changes for financial liabilities measured at fair value. The ASU also amends certain disclosure requirements associated with the fair value of financial instruments. The most notable disclosure revisions for public companies include: (1) removing the requirement to disclose the methods for and any changes to significant assumptions used to estimate fair value, (2) requiring an "exit" price to be used when disclosing fair values of financial assets and liabilities measured at amortized cost, and (3) requiring entities to disclose either on the balance sheet or in the notes to the financial statements all financial assets and liabilities grouped by measurement category ( i.e. amortized cost or fair value through the net income or other comprehensive income) and form ( i.e. securities, loans, receivables, etc.). The ASU is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2017. Early adoption is permitted for public entities only as it relates to certain provisions for changes in fair value due to instrument specific credit risk for liabilities measured under the fair value option. The ASU is effective for the Company beginning on October 27, 2018. This guidance is not expected to have a significant impact on our financial condition, results of operations or presentation of our financial statements. In November 2015, the FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes , which will require entities to present deferred tax assets and deferred tax liabilities as noncurrent in a classified balance sheet. The ASU simplifies the current guidance, which requires entities to separately present deferred tax assets and deferred tax liabilities as current and noncurrent in a classified balance sheet. The ASU may be applied either prospectively or retrospectively. The ASU is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. In order to reduce complexities in financial reporting, the Company early adopted the guidance on a prospective basis in fiscal 2016 and therefore prior balance sheets were not retrospectively adjusted. This guidance did not have a significant impact on our financial condition, results of operations or presentation of our financial statements. In September 2015, the FASB issued ASU No. 2015-16, Simplifying the Accounting for Measurement-Period Adjustments , which eliminates the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. Instead, acquirers must recognize measurement-period adjustments during the period in which they determined the amounts, including the effect on earnings of any amounts they would have recorded in previous periods if the accounting had been completed at the acquisition date. The ASU is applied prospectively to adjustments to provisional amounts that occur after the effective date. The ASU is effective for the Company on October 29, 2016, with early adoption permitted. This guidance is not expected to have a significant impact on our financial condition, results of operations or presentation of our financial statements. In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory , which requires most entities to measure most inventories at the lower of cost or net realizable value ("NRV"). This simplifies the evaluation from the current method of lower of cost or market, where market is based on one of three measures ( i.e. replacement cost, net realizable value, or net realizable value less a normal profit margin). The ASU does not apply to inventories measured under the last-in, first-out method or the retail inventory method, and defines NRV as the "estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation." The ASU is effective on a prospective basis for the Company beginning on October 28, 2017, with early adoption permitted. This guidance is not expected to have a significant impact on our financial condition, results of operations or presentation of our financial statements. In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs, which changes the presentation of debt issuance costs in financial statements. Under the ASU, an entity presents such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs is reported as interest expense. Further, in June 2015, the FASB agreed to clarifying guidance from the Securities and Exchange Commission on the presentation of debt issuance costs on revolving debt arrangements, permitting entities to elect that such costs be classified as an asset. T he guidance in the ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is allowed for all entities for financial statements that have not been previously issued and entities would apply the new guidance retrospectively to all prior periods. ASU 2015-03 will be effective for the Company beginning on October 29, 2016. This guidance is not expected to have a significant impact on our financial condition, results of operations or presentation of our financial statements. In May 2014, the FASB issued ASU No. 2014-09 Revenue from Contracts with Customers. ASU 2014-09 provides a single principles-based, five-step model to be applied to all contracts with customers. The five steps are to (i) identify the contracts with the customer, (ii) identify the performance obligations in the contact, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract and (v) recognize revenue when each performance obligation is satisfied. Revenue will be recognized when promised goods or services are transferred to the customer in an amount that reflects the consideration expected in exchange for those goods or services. In July 2015, the FASB agreed to delay the effective date of ASU 2014-09 for one year and to permit early adoption by entities as of the original effective dates. Considering the one year deferral, ASU 2014-09 will be effective for the Company beginning on October 27, 2018 and the standard allows for either full retrospective adoption or modified retrospective adoption. The Company is continuing to evaluate the impact that the adoption of this guidance will have on our financial condition, results of operations and the presentation of our financial statements.

Subsidiary Guarantors for 2036

Subsidiary Guarantors for 2036 Notes	3 Months Ended
Subsidiary Guarantors for 2036 Notes	Jan. 29, 2016
Supplemental Subsidiary Guarantors
Condensed Financial Statements, Captions [Line Items]
Subsidiary Guarantors for 2036 Notes	Subsidiary Guarantors for 2036 Notes The following tables present condensed consolidated financial information as of January 29, 2016 and October 30, 2015 and for the quarters ended January 29, 2016 and January 30, 2015 for: (a) the Company; (b) on a combined basis, the guarantors of the 2036 Notes issued in November 2006, which include Joy Global Underground Mining LLC, Joy Global Surface Mining Inc, N.E.S. Investment Co., Joy Global Conveyors Inc., Joy Global Longview Operations LLC and certain immaterial wholly owned subsidiaries of Joy Global Longview Operations LLC (the "Supplemental Subsidiary Guarantors"); and (c) on a combined basis, the non-guarantors, which include all of our foreign subsidiaries and a number of small domestic subsidiaries (the "Supplemental Non-Guarantor Subsidiaries"). In prior periods these entities were defined as the Subsidiary Guarantors and the Non-Guarantor Subsidiaries, respectively. However in light of the fact that this group of guarantors relates only to the 2036 Notes and not to our more recent debt arrangements, we have determined that it is more appropriate to designate this group of guarantors with the Supplemental classification. The borrowings are fully and unconditionally guaranteed on a joint and several unsecured basis by the Supplemental Subsidiary Guarantors, which are direct and indirect 100% owned subsidiaries of the Company. We conduct all of our business and derive essentially all of our income from our subsidiaries. Therefore, our ability to make payments on the obligations is dependent on the earnings and distribution of funds from our subsidiaries. There are no restrictions on the ability of any of our domestic subsidiaries to transfer funds to the parent company. Separate financial statements of the Supplemental Subsidiary Guarantors are not presented because we believe such separate statements or disclosures would not be useful to investors. Condensed Consolidating Statement of Operations Quarter ended January 29, 2016 In thousands Parent Company Supplemental Subsidiary Guarantors Supplemental Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 265,429 $ 388,918 $ (128,047 ) $ 526,300 Cost of sales — 234,709 307,630 (104,083 ) 438,256 Product development, selling and administrative expenses 7,380 40,680 62,353 — 110,413 Restructuring expenses 395 20,016 6,248 — 26,659 Other income — (698 ) (3,243 ) — (3,941 ) Operating (loss) income (7,775 ) (29,278 ) 15,930 (23,964 ) (45,087 ) Intercompany items 15,148 (47,734 ) (6,071 ) 38,657 — Interest (expense) income, net (12,720 ) 248 356 — (12,116 ) (Loss) income before income taxes and equity in income of subsidiaries (5,347 ) (76,764 ) 10,215 14,693 (57,203 ) (Benefit) provision for income taxes (11,505 ) 150 (5,627 ) — (16,982 ) Equity in (loss) income of subsidiaries (46,379 ) 17,493 — 28,886 — Net (loss) income $ (40,221 ) $ (59,421 ) $ 15,842 $ 43,579 $ (40,221 ) Comprehensive loss $ (72,584 ) $ (60,701 ) $ (15,434 ) $ 76,135 $ (72,584 ) Condensed Consolidating Statement of Operations Quarter ended January 30, 2015 In thousands Parent Company Supplemental Subsidiary Guarantors Supplemental Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 441,075 $ 473,089 $ (210,291 ) $ 703,873 Cost of sales (3,177 ) 321,204 362,940 (163,398 ) 517,569 Product development, selling and administrative expenses 11,792 49,377 69,225 — 130,394 Restructuring expenses — 219 446 — 665 Other (income) expense — 4,637 (7,850 ) — (3,213 ) Operating income (loss) (8,615 ) 65,638 48,328 (46,893 ) 58,458 Intercompany items 16,770 (23,708 ) (6,040 ) 12,978 — Interest (expense) income, net (15,598 ) 1,634 1,007 — (12,957 ) Income (loss) before income taxes and equity in income of subsidiaries (7,443 ) 43,564 43,295 (33,915 ) 45,501 Provision (benefit) for income taxes 20,313 2,996 (8,333 ) — 14,976 Equity in income of subsidiaries 58,281 1,841 — (60,122 ) — Net income $ 30,525 $ 42,409 $ 51,628 $ (94,037 ) $ 30,525 Comprehensive (loss) income $ (86,474 ) $ 41,000 $ (62,456 ) $ 21,456 $ (86,474 ) Condensed Consolidating Balance Sheet As of January 29, 2016 In thousands Parent Company Supplemental Subsidiary Guarantors Supplemental Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 21,242 $ 2,567 $ 116,124 $ — $ 139,933 Accounts receivable, net — 177,562 485,295 (11,926 ) 650,931 Inventories — 482,262 568,718 (88,317 ) 962,663 Other current assets 24,035 15,953 70,891 — 110,879 Total current assets 45,277 678,344 1,241,028 (100,243 ) 1,864,406 Property, plant and equipment, net 20,632 280,034 456,798 (5,016 ) 752,448 Other assets: Other intangible assets, net — 203,219 46,459 — 249,678 Goodwill — 346,348 8,279 — 354,627 Deferred income taxes 92,648 — 56,993 — 149,641 Other non-current assets 2,591,311 2,049,573 1,685,949 (6,216,899 ) 109,934 Total other assets 2,683,959 2,599,140 1,797,680 (6,216,899 ) 863,880 Total assets $ 2,749,868 $ 3,557,518 $ 3,495,506 $ (6,322,158 ) $ 3,480,734 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term borrowings, including current portion of long-term obligations $ 23,438 $ — $ 6,094 $ — $ 29,532 Trade accounts payable 3,059 78,279 135,070 — 216,408 Employee compensation and benefits 8,251 28,486 42,006 — 78,743 Advance payments and progress billings — 100,974 148,857 (14,323 ) 235,508 Accrued warranties — 19,521 30,997 — 50,518 Other accrued liabilities 86,823 57,066 78,334 (10,855 ) 211,368 Current liabilities of discontinued operations — 11,582 — — 11,582 Total current liabilities 121,571 295,908 441,358 (25,178 ) 833,659 Long-term obligations 992,732 — 8 — 992,740 Other liabilities: Liabilities for postretirement benefits 17,296 — — — 17,296 Accrued pension costs 178,513 — — — 178,513 Other non-current liabilities 95,338 8,068 10,702 — 114,108 Total other liabilities 291,147 8,068 10,702 — 309,917 Shareholders’ equity 1,344,418 3,253,542 3,043,438 (6,296,980 ) 1,344,418 Total liabilities and shareholders’ equity $ 2,749,868 $ 3,557,518 $ 3,495,506 $ (6,322,158 ) $ 3,480,734 Condensed Consolidating Balance Sheet As of October 30, 2015 In thousands Parent Company Supplemental Subsidiary Guarantors Supplemental Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 581 $ 2,008 $ 100,296 $ — $ 102,885 Accounts receivable, net — 214,381 597,826 (134 ) 812,073 Inventories — 508,774 607,461 (108,310 ) 1,007,925 Other current assets 58,441 15,610 71,508 — 145,559 Total current assets 59,022 740,773 1,377,091 (108,444 ) 2,068,442 Property, plant and equipment, net 21,318 297,476 478,253 (5,015 ) 792,032 Other assets: Other intangible assets, net — 207,891 47,819 — 255,710 Goodwill — 346,348 8,273 — 354,621 Deferred income taxes 49,660 — 69,253 — 118,913 Other non-current assets 2,740,518 2,078,294 2,517,110 (7,213,194 ) 122,728 Total other assets 2,790,178 2,632,533 2,642,455 (7,213,194 ) 851,972 Total assets $ 2,870,518 $ 3,670,782 $ 4,497,799 $ (7,326,653 ) $ 3,712,446 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term borrowings, including current portion of long-term obligations $ 18,750 $ — $ 7,571 $ — $ 26,321 Trade accounts payable 3,342 96,891 175,556 — 275,789 Employee compensation and benefits 5,843 36,527 47,965 — 90,335 Advance payments and progress billings — 100,312 149,795 (20,637 ) 229,470 Accrued warranties — 19,027 33,119 — 52,146 Other accrued liabilities 76,650 60,228 100,660 (12,261 ) 225,277 Current liabilities of discontinued operations — 11,582 — — 11,582 Total current liabilities 104,585 324,567 514,666 (32,898 ) 910,920 Long-term obligations 1,060,598 — 45 — 1,060,643 Other liabilities: Liabilities for postretirement benefits 18,662 878 — — 19,540 Accrued pension costs 159,594 8,406 7,699 — 175,699 Other non-current liabilities 81,595 8,325 35,715 — 125,635 Total other liabilities 259,851 17,609 43,414 — 320,874 Shareholders’ equity 1,445,484 3,328,606 3,939,674 (7,293,755 ) 1,420,009 Total liabilities and shareholders’ equity $ 2,870,518 $ 3,670,782 $ 4,497,799 $ (7,326,653 ) $ 3,712,446 Condensed Consolidating Statement of Cash Flows Quarter ended January 29, 2016 In thousands Parent Company Supplemental Subsidiary Guarantors Supplemental Non-Guarantor Subsidiaries Consolidated Operating Activities: Net cash provided (used) by operating activities $ 86,203 $ (4,564 ) $ 26,950 $ 108,589 Investing Activities: Property, plant and equipment acquired (240 ) (1,666 ) (6,197 ) (8,103 ) Proceeds from sale of property, plant and equipment — 6,789 2,378 9,167 Other investing activities, net (7 ) — 129 122 Net cash provided (used) by investing activities (247 ) 5,123 (3,690 ) 1,186 Financing Activities: Dividends paid (997 ) — — (997 ) Repayments of term loan (4,687 ) — — (4,687 ) Payments on credit agreement (58,600 ) — — (58,600 ) Repayments of short-term debt — — (1,507 ) (1,507 ) Financing fees (1,011 ) — — (1,011 ) Net cash used by financing activities (65,295 ) — (1,507 ) (66,802 ) Effect of Exchange Rate Changes on Cash and Cash Equivalents — — (5,925 ) (5,925 ) Increase (Decrease) in Cash and Cash Equivalents 20,661 559 15,828 37,048 Cash and Cash Equivalents at Beginning of Period 581 2,008 100,296 102,885 Cash and Cash Equivalents at End of Period $ 21,242 $ 2,567 $ 116,124 $ 139,933 Condensed Consolidating Statement of Cash Flow Quarter ended January 30, 2015 In thousands Parent Company Supplemental Subsidiary Guarantors Supplemental Non-Guarantor Subsidiaries Consolidated Operating Activities: Net cash (used) provided by operating activities 25,892 (7,426 ) (36,821 ) (18,355 ) Investing Activities: Property, plant and equipment acquired (93 ) (5,971 ) (16,194 ) (22,258 ) Proceeds from sale of property, plant and equipment — 133 623 756 Other investing activities, net (1,168 ) — 1,309 141 Net cash used by investing activities (1,261 ) (5,838 ) (14,262 ) (21,361 ) Financing Activities: Common stock issued 273 — — 273 Dividends paid (19,489 ) — — (19,489 ) Treasury stock purchased (50,000 ) — — (50,000 ) Other financing activities, net 261 262 (83 ) 440 Net cash (used) provided by financing activities (68,955 ) 262 (83 ) (68,776 ) Effect of Exchange Rate Changes on Cash and Cash Equivalents — — (9,373 ) (9,373 ) Decrease in Cash and Cash Equivalents (44,324 ) (13,002 ) (60,539 ) (117,865 ) Cash and Cash Equivalents at Beginning of Period 54,874 16,429 198,888 270,191 Cash and Cash Equivalents at End of Period $ 10,550 $ 3,427 $ 138,349 $ 152,326

Subsidiary Guarantors for Credi

Subsidiary Guarantors for Credit Agreement, Term Loan and 2021 Notes	3 Months Ended
	Jan. 29, 2016
Subsidiary Guarantors
Condensed Financial Statements, Captions [Line Items]
Subsidiary Guarantors for Credit Agreement, Term Loan and 2021 Notes	Subsidiary Guarantors for Credit Agreement, Term Loan and 2021 Notes The following tables present condensed consolidated financial information as of January 29, 2016 and October 30, 2015 and for the quarters ended January 29, 2016 and January 30, 2015 for: (a) the Company; (b) on a combined basis, the guarantors of the Credit Agreement, the Term Loan and the 2021 Notes issued in October 2011, which include Joy Global Underground Mining LLC, Joy Global Surface Mining Inc, N.E.S. Investment Co., Joy Global Conveyors Inc. and Joy Global Longview Operations LLC (the "Subsidiary Guarantors"); and (c) on a combined basis, the non-guarantors, which include all of our foreign subsidiaries and a number of small domestic subsidiaries ("Non-Guarantor Subsidiaries"). The borrowings are fully and unconditionally guaranteed on a joint and several unsecured basis by the Subsidiary Guarantors, which are direct and indirect 100% owned subsidiaries of the Company. We conduct all of our business and derive essentially all of our income from our subsidiaries. Therefore, our ability to make payments on the obligations is dependent on the earnings and distribution of funds from our subsidiaries. There are no restrictions on the ability of any of our domestic subsidiaries to transfer funds to the parent company. Separate financial statements of the Subsidiary Guarantors are not presented because we believe such separate statements or disclosures would not be useful to investors. Condensed Consolidating Statement of Operations Quarter ended January 29, 2016 In thousands Parent Company Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 263,598 $ 390,749 $ (128,047 ) $ 526,300 Cost of sales — 233,004 309,335 (104,083 ) 438,256 Product development, selling and administrative expenses 7,380 40,679 62,354 — 110,413 Restructuring expenses 395 20,016 6,248 — 26,659 Other income — (694 ) (3,247 ) — (3,941 ) Operating (loss) income (7,775 ) (29,407 ) 16,059 (23,964 ) (45,087 ) Intercompany items 15,148 (47,734 ) (6,071 ) 38,657 — Interest (expense) income, net (12,720 ) 235 369 — (12,116 ) (Loss) income before income taxes and equity in income of subsidiaries (5,347 ) (76,906 ) 10,357 14,693 (57,203 ) (Benefit) provision for income taxes (11,505 ) 412 (5,889 ) — (16,982 ) Equity in (loss) income of subsidiaries (46,379 ) 17,897 — 28,482 — Net (loss) income $ (40,221 ) $ (59,421 ) $ 16,246 $ 43,175 $ (40,221 ) Comprehensive loss $ (72,584 ) $ (60,701 ) $ (15,030 ) $ 75,731 $ (72,584 ) Condensed Consolidating Statement of Operations Quarter ended January 30, 2015 In thousands Parent Company Subsidiary Non-Guarantor Eliminations Consolidated Net sales $ — $ 439,592 $ 474,572 $ (210,291 ) $ 703,873 Cost of sales (3,177 ) 319,552 364,592 (163,398 ) 517,569 Product development, selling and administrative expenses 11,792 49,377 69,225 — 130,394 Restructuring expenses — 219 446 — 665 Other (income) expense — 4,640 (7,853 ) — (3,213 ) Operating income (loss) (8,615 ) 65,804 48,162 (46,893 ) 58,458 Intercompany items 16,770 (23,708 ) (6,040 ) 12,978 — Interest (expense) income, net (15,598 ) 1,689 952 — (12,957 ) Income (loss) before income taxes and equity in income of subsidiaries (7,443 ) 43,785 43,074 (33,915 ) 45,501 Provision (benefit) for income taxes 20,313 3,010 (8,347 ) — 14,976 Equity in income of subsidiaries 58,281 1,634 — (59,915 ) — Net income $ 30,525 $ 42,409 $ 51,421 $ (93,830 ) $ 30,525 Comprehensive (loss) income $ (86,474 ) $ 41,000 $ (62,663 ) $ 21,663 $ (86,474 ) Condensed Consolidating Balance Sheet As of January 29, 2016 In thousands Parent Company Non-Guarantor Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 21,242 $ 2,187 $ 116,504 $ — $ 139,933 Accounts receivable, net — 176,541 486,316 (11,926 ) 650,931 Inventories — 476,511 574,469 (88,317 ) 962,663 Other current assets 24,035 15,279 71,565 — 110,879 Total current assets 45,277 670,518 1,248,854 (100,243 ) 1,864,406 Property, plant and equipment, net 20,632 278,543 458,289 (5,016 ) 752,448 Other assets: Other intangible assets, net — 203,219 46,459 — 249,678 Goodwill — 346,348 8,279 — 354,627 Deferred income taxes 92,648 — 56,993 — 149,641 Other non-current assets 2,591,311 2,021,610 1,713,911 (6,216,898 ) 109,934 Total other assets 2,683,959 2,571,177 1,825,642 (6,216,898 ) 863,880 Total assets $ 2,749,868 $ 3,520,238 $ 3,532,785 $ (6,322,157 ) $ 3,480,734 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term borrowings, including current portion of long-term obligations $ 23,438 $ — $ 6,094 $ — $ 29,532 Trade accounts payable 3,059 78,021 135,328 — 216,408 Employee compensation and benefits 8,251 28,410 42,082 — 78,743 Advance payments and progress billings — 100,930 148,901 (14,323 ) 235,508 Accrued warranties — 19,521 30,997 — 50,518 Other accrued liabilities 86,823 57,052 78,348 (10,855 ) 211,368 Current liabilities of discontinued operations — 11,582 — — 11,582 Total current liabilities 121,571 295,516 441,750 (25,178 ) 833,659 Long-term obligations 992,732 — 8 — 992,740 Other liabilities: Liabilities for postretirement benefits 17,296 — — — 17,296 Accrued pension costs 178,513 — — — 178,513 Other non-current liabilities 95,338 8,068 10,702 — 114,108 Total other liabilities 291,147 8,068 10,702 — 309,917 Shareholders’ equity 1,344,418 3,216,654 3,080,325 (6,296,979 ) 1,344,418 Total liabilities and shareholders’ equity $ 2,749,868 $ 3,520,238 $ 3,532,785 $ (6,322,157 ) $ 3,480,734 Condensed Consolidating Balance Sheet As of October 30, 2015 In thousands Parent Company Subsidiary Non-Guarantor Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 581 $ 2,008 $ 100,296 $ — $ 102,885 Accounts receivable, net — 214,381 597,826 (134 ) 812,073 Inventories — 508,774 607,461 (108,310 ) 1,007,925 Other current assets 58,441 15,610 71,508 — 145,559 Total current assets 59,022 740,773 1,377,091 (108,444 ) 2,068,442 Property, plant and equipment, net 21,318 297,476 478,253 (5,015 ) 792,032 Other assets: Other intangible assets, net — 207,891 47,819 — 255,710 Goodwill — 346,348 8,273 — 354,621 Deferred income taxes 49,660 — 69,253 — 118,913 Other non-current assets 2,740,518 2,078,294 2,517,110 (7,213,194 ) 122,728 Total other assets 2,790,178 2,632,533 2,642,455 (7,213,194 ) 851,972 Total assets $ 2,870,518 $ 3,670,782 $ 4,497,799 $ (7,326,653 ) $ 3,712,446 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term borrowings, including current portion of long-term obligations $ 18,750 $ — $ 7,571 $ — $ 26,321 Trade accounts payable 3,342 96,891 175,556 — 275,789 Employee compensation and benefits 5,843 36,527 47,965 — 90,335 Advance payments and progress billings — 100,312 149,795 (20,637 ) 229,470 Accrued warranties — 19,027 33,119 — 52,146 Other accrued liabilities 76,650 60,228 100,660 (12,261 ) 225,277 Current liabilities of discontinued operations — 11,582 — — 11,582 Total current liabilities 104,585 324,567 514,666 (32,898 ) 910,920 Long-term obligations 1,060,598 — 45 — 1,060,643 Other liabilities: Liabilities for postretirement benefits 18,662 878 — — 19,540 Accrued pension costs 159,594 8,406 7,699 — 175,699 Other non-current liabilities 81,595 8,325 35,715 — 125,635 Total other liabilities 259,851 17,609 43,414 — 320,874 Shareholders’ equity 1,445,484 3,328,606 3,939,674 (7,293,755 ) 1,420,009 Total liabilities and shareholders’ equity $ 2,870,518 $ 3,670,782 $ 4,497,799 $ (7,326,653 ) $ 3,712,446 Condensed Consolidating Statement of Cash Flows Quarter ended January 29, 2016 In thousands Parent Company Non-Guarantor Consolidated Operating Activities: Net cash provided (used) by operating activities $ 86,203 $ (4,944 ) $ 27,330 $ 108,589 Investing Activities: Property, plant and equipment acquired (240 ) (1,666 ) (6,197 ) (8,103 ) Proceeds from sale of property, plant and equipment — 6,789 2,378 9,167 Other investing activities, net (7 ) — 129 122 Net cash provided (used) by investing activities (247 ) 5,123 (3,690 ) 1,186 Financing Activities: Dividends paid (997 ) — — (997 ) Repayments of term loan (4,687 ) — — (4,687 ) Payments on credit agreement (58,600 ) — — (58,600 ) Repayments of short-term debt — — (1,507 ) (1,507 ) Financing fees (1,011 ) — — (1,011 ) Net cash used by financing activities (65,295 ) — (1,507 ) (66,802 ) Effect of Exchange Rate Changes on Cash and Cash Equivalents — — (5,925 ) (5,925 ) Increase in Cash and Cash Equivalents 20,661 179 16,208 37,048 Cash and Cash Equivalents at Beginning of Period 581 2,008 100,296 102,885 Cash and Cash Equivalents at End of Period $ 21,242 $ 2,187 $ 116,504 $ 139,933 Condensed Consolidating Statement of Cash Flows Quarter ended January 30, 2015 In thousands Parent Company Subsidiary Consolidated Operating Activities: Net cash (used) provided by operating activities 25,892 (7,426 ) (36,821 ) (18,355 ) Investing Activities: Property, plant and equipment acquired (93 ) (5,971 ) (16,194 ) (22,258 ) Proceeds from sale of property, plant and equipment — 133 623 756 Other investing activities, net (1,168 ) — 1,309 141 Net cash used by investing activities (1,261 ) (5,838 ) (14,262 ) (21,361 ) Financing Activities: Common stock issued 273 — — 273 Dividends paid (19,489 ) — — (19,489 ) Treasury stock purchased (50,000 ) — — (50,000 ) Other financing activities, net 261 262 (83 ) 440 Net cash (used) provided by financing activities (68,955 ) 262 (83 ) (68,776 ) Effect of Exchange Rate Changes on Cash and Cash Equivalents — — (9,373 ) (9,373 ) Decrease in Cash and Cash Equivalents (44,324 ) (13,002 ) (60,539 ) (117,865 ) Cash and Cash Equivalents at Beginning of Period 54,874 16,429 198,888 270,191 Cash and Cash Equivalents at End of Period $ 10,550 $ 3,427 $ 138,349 $ 152,326

Subsequent Events

Subsequent Events	3 Months Ended
Subsequent Events	Jan. 29, 2016
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On March 3, 2016 , our Board of Directors declared a cash dividend of $0.01 per outstanding share of common stock. The dividend will be paid on April 4, 2016 to all shareholders of record at the close of business on March 18, 2016 .

Goodwill and Other Intangible29

Goodwill and Other Intangible Assets (Policies)	3 Months Ended
Goodwill and Other Intangible Assets (Policies)	Jan. 29, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Other Intangible Assets Finite-lived intangible assets are amortized to reflect the pattern of economic benefits consumed, which is principally the straight-line method. Intangible assets that are subject to amortization are evaluated for potential impairment whenever events or circumstances indicate that the carrying amount may not be recoverable. No impairment was identified related to our finite-lived intangible assets as of either January 29, 2016 or January 30, 2015 . Goodwill represents the excess of the purchase price over the fair value of identifiable net assets acquired in a business combination. Goodwill is assigned to specific reporting units, and is tested for impairment at least annually, during the fourth quarter of our fiscal year, or more frequently upon the occurrence of an event or when circumstances indicate that a reporting unit’s carrying amount is greater than its fair value. Due to the prolonged suppressed global commodity markets, its related effect on the global mining investment environment and the resulting impact on our stock price, our total shareholders’ equity exceeded our market capitalization during the quarter ended January 29, 2016 , indicating the possibility of an impairment to goodwill. Based on this indicator of impairment, we performed an interim test for impairment of goodwill as of the last day of our fiscal first quarter. This test was focused on our Surface reporting unit, as all Underground goodwill was fully impaired in the fourth quarter of fiscal 2015 . After completing our step one analysis, we determined that the estimated fair value of our Surface reporting unit exceeded its carrying value. Although we have concluded that there is no impairment on the goodwill of $354.6 million associated with our Surface segment as of the quarter ended January 29, 2016 , we will continue to closely monitor this in the future considering the volatility and uncertainty in the markets. Should there be further market declines and/or a market capitalization that continues to be lower than our total shareholders' equity in future periods, there is increasing risk that Surface segment goodwill may be impaired.

Recent Accounting Pronounceme30

Recent Accounting Pronouncements (Policies)	3 Months Ended
Recent Accounting Pronouncements (Policies)	Jan. 29, 2016
Accounting Policies [Abstract]
Recent accounting pronouncements	In February 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-02, Leases (Topic 842) , which requires lessees to record most leases on their balance sheets. Lessees initially recognize a lease liability (measured at the present value of the lease payments over the lease term) and a right-of-use ("ROU") asset (measured at the lease liability amount, adjusted for lease prepayments, lease incentives received and the lessee’s initial direct costs). Lessees can make an accounting policy election to not recognize ROU assets and lease liabilities for leases with a lease term of 12 months or less as long as the leases do not include options to purchase the underlying assets that the lessee is reasonably certain to exercise. For lessors, the guidance modifies the classification criteria and the accounting for sales-type and direct financing leases. The ASU is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2018. Early adoption is permitted for all entities. The ASU is effective for the Company beginning on October 26, 2019 and the standard requires the use of a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. Full retrospective application is prohibited . The Company is beginning to evaluate the impact that the adoption of this guidance will have on our financial condition, results of operations and the presentation of our financial statements. In January 2016, the FASB issued ASU No. 2016-01, Recognition and Measurement of Financial Assets and Liabilities , which amends the guidance on the classification and measurement of financial instruments. Although the ASU retains many current requirements, it significantly revises an entity's accounting related to (1) the classification and measurement of investments in equity securities and (2) the presentation of certain fair value changes for financial liabilities measured at fair value. The ASU also amends certain disclosure requirements associated with the fair value of financial instruments. The most notable disclosure revisions for public companies include: (1) removing the requirement to disclose the methods for and any changes to significant assumptions used to estimate fair value, (2) requiring an "exit" price to be used when disclosing fair values of financial assets and liabilities measured at amortized cost, and (3) requiring entities to disclose either on the balance sheet or in the notes to the financial statements all financial assets and liabilities grouped by measurement category ( i.e. amortized cost or fair value through the net income or other comprehensive income) and form ( i.e. securities, loans, receivables, etc.). The ASU is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2017. Early adoption is permitted for public entities only as it relates to certain provisions for changes in fair value due to instrument specific credit risk for liabilities measured under the fair value option. The ASU is effective for the Company beginning on October 27, 2018. This guidance is not expected to have a significant impact on our financial condition, results of operations or presentation of our financial statements. In November 2015, the FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes , which will require entities to present deferred tax assets and deferred tax liabilities as noncurrent in a classified balance sheet. The ASU simplifies the current guidance, which requires entities to separately present deferred tax assets and deferred tax liabilities as current and noncurrent in a classified balance sheet. The ASU may be applied either prospectively or retrospectively. The ASU is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. In order to reduce complexities in financial reporting, the Company early adopted the guidance on a prospective basis in fiscal 2016 and therefore prior balance sheets were not retrospectively adjusted. This guidance did not have a significant impact on our financial condition, results of operations or presentation of our financial statements. In September 2015, the FASB issued ASU No. 2015-16, Simplifying the Accounting for Measurement-Period Adjustments , which eliminates the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. Instead, acquirers must recognize measurement-period adjustments during the period in which they determined the amounts, including the effect on earnings of any amounts they would have recorded in previous periods if the accounting had been completed at the acquisition date. The ASU is applied prospectively to adjustments to provisional amounts that occur after the effective date. The ASU is effective for the Company on October 29, 2016, with early adoption permitted. This guidance is not expected to have a significant impact on our financial condition, results of operations or presentation of our financial statements. In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory , which requires most entities to measure most inventories at the lower of cost or net realizable value ("NRV"). This simplifies the evaluation from the current method of lower of cost or market, where market is based on one of three measures ( i.e. replacement cost, net realizable value, or net realizable value less a normal profit margin). The ASU does not apply to inventories measured under the last-in, first-out method or the retail inventory method, and defines NRV as the "estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation." The ASU is effective on a prospective basis for the Company beginning on October 28, 2017, with early adoption permitted. This guidance is not expected to have a significant impact on our financial condition, results of operations or presentation of our financial statements. In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs, which changes the presentation of debt issuance costs in financial statements. Under the ASU, an entity presents such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs is reported as interest expense. Further, in June 2015, the FASB agreed to clarifying guidance from the Securities and Exchange Commission on the presentation of debt issuance costs on revolving debt arrangements, permitting entities to elect that such costs be classified as an asset. T he guidance in the ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is allowed for all entities for financial statements that have not been previously issued and entities would apply the new guidance retrospectively to all prior periods. ASU 2015-03 will be effective for the Company beginning on October 29, 2016. This guidance is not expected to have a significant impact on our financial condition, results of operations or presentation of our financial statements. In May 2014, the FASB issued ASU No. 2014-09 Revenue from Contracts with Customers. ASU 2014-09 provides a single principles-based, five-step model to be applied to all contracts with customers. The five steps are to (i) identify the contracts with the customer, (ii) identify the performance obligations in the contact, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract and (v) recognize revenue when each performance obligation is satisfied. Revenue will be recognized when promised goods or services are transferred to the customer in an amount that reflects the consideration expected in exchange for those goods or services. In July 2015, the FASB agreed to delay the effective date of ASU 2014-09 for one year and to permit early adoption by entities as of the original effective dates. Considering the one year deferral, ASU 2014-09 will be effective for the Company beginning on October 27, 2018 and the standard allows for either full retrospective adoption or modified retrospective adoption. The Company is continuing to evaluate the impact that the adoption of this guidance will have on our financial condition, results of operations and the presentation of our financial statements.

Inventories (Tables)

Inventories (Tables)	3 Months Ended
Inventories (Tables)	Jan. 29, 2016
Inventory Disclosure [Abstract]
Consolidated inventories	Consolidated inventories consist of the following: In thousands January 29, October 30, Finished goods 746,868 $ 814,306 Work in process 158,282 135,310 Raw materials 57,513 58,309 Total inventories $ 962,663 $ 1,007,925

Warranties (Tables)

Warranties (Tables)	3 Months Ended
Warranties (Tables)	Jan. 29, 2016
Product Warranties Disclosures [Abstract]
Changes in the product warranty reserve	The following table reconciles the changes in the product warranty reserve: Quarter Ended In thousands January 29, January 30, Balance, beginning of period 52,146 $ 67,272 Accrual for warranty expensed during the period 6,894 6,180 Settlements made during the period (6,992 ) (11,375 ) Effect of foreign currency translation (1,530 ) (3,549 ) Balance, end of period $ 50,518 $ 58,528

Borrowings and Credit Facilit33

Borrowings and Credit Facilities (Tables)	3 Months Ended
Borrowings and Credit Facilities (Tables)	Jan. 29, 2016
Debt Disclosure [Abstract]
Direct borrowings and capital lease obligations	Direct borrowings and capital lease obligations consist of the following: In thousands January 29, October 30, Domestic: Term Loan due 2019 370,313 375,000 5.125% Senior Notes due 2021 497,296 497,195 6.625% Senior Notes due 2036 148,561 148,553 Credit Agreement — 58,600 Foreign: Capital leases 62 159 Factoring arrangement 6,040 7,457 Total obligations 1,022,272 1,086,964 Less: Amounts due within one year (29,532 ) (26,321 ) Long-term obligations $ 992,740 $ 1,060,643

Accumulated Other Comprehensi34

Accumulated Other Comprehensive (Loss) Income (Tables)	3 Months Ended
Accumulated Other Comprehensive (Loss) Income (Tables)	Jan. 29, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Changes in accumulated other comprehensive (loss) income	Changes in accumulated other comprehensive (loss) income, net of taxes, consist of the following: Quarter ended January 29, 2016 Quarter ended January 30, 2015 Change in Unrecognized Prior Service Costs on Pension and Other Postretirement Obligations Derivative Instrument Fair Market Value Adjustment Foreign Currency Translation Adjustment Total Change in Unrecognized Prior Service Costs on Pension and Other Postretirement Obligations Derivative Instrument Fair Market Value Adjustment Foreign Currency Translation Adjustment Total Beginning balance $ (1,282 ) $ 10,294 $ (156,084 ) $ (147,072 ) $ (1,486 ) $ 4,736 $ (9,530 ) $ (6,280 ) Other comprehensive (loss) income before reclassifications, net of taxes — (790 ) (32,063 ) (32,853 ) — 2,620 (120,722 ) (118,102 ) Amounts reclassified from accumulated other comprehensive (loss) income, net of taxes 46 444 — 490 35 1,068 — 1,103 Total other comprehensive (loss) income, net of taxes 46 (346 ) (32,063 ) (32,363 ) 35 3,688 (120,722 ) (116,999 ) Ending balance $ (1,236 ) $ 9,948 $ (188,147 ) $ (179,435 ) $ (1,451 ) $ 8,424 $ (130,252 ) $ (123,279 )
Reclassifications from accumulated other comprehensive (loss) income	Details of the reclassifications from accumulated other comprehensive (loss) income are disclosed below: Amounts Reclassified from Accumulated Other Comprehensive (Loss) Income Quarter Ended Affected Line Items in the Statements of Operations January 29, January 30, Change in unrecognized prior service costs on pension and other postretirement obligations: Amortization of prior service cost $ 50 $ 50 Cost of sales/Product development, selling and administrative expense* Curtailment loss 100 — Administrative expense Deferred tax (104 ) (15 ) Provision for income taxes Amounts reclassified from accumulated other comprehensive income, net of taxes $ 46 $ 35 Derivative instrument fair market value adjustment: Foreign exchange cash flow hedges $ 631 $ 1,509 Net sales/Cost of sales** Deferred tax (187 ) (441 ) Provision for income taxes Amounts reclassified from accumulated other comprehensive income (loss), net of taxes $ 444 $ 1,068 Total reclassifications for the period $ 490 $ 1,103 * Amounts are included in the computation of net periodic benefits costs as either cost of sales or product development, selling and administrative expense as appropriate. Refer to Note 12, Retiree Benefits, for additional information. ** Amounts are included in either net sales or cost of sales as appropriate. Refer to Note 13, Derivatives, for additional information.

Restructuring Charges (Tables)

Restructuring Charges (Tables)	3 Months Ended
Restructuring Charges (Tables)	Jan. 29, 2016
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	We also incurred and paid approximately $ 0.7 million of other cash related costs, consisting primarily of legal costs and equipment relocation costs. The following table summarizes the total expected costs from inception of the Restructuring Program through fiscal 2017 and the amounts incurred to date by segment as it relates to employee severance related costs and accelerated depreciation: In thousands Underground Surface Corporate Consolidated Employee Severance and Termination Costs Total expected costs from inception of program through fiscal 2017 $ 50,420 $ 17,715 $ 2,980 $ 71,115 Amount incurred for the year ended October 30, 2015 $ 16,340 $ 12,451 $ 2,585 $ 31,376 Amount incurred for the quarter ended January 29, 2016* $ 20,194 $ 564 $ 395 $ 21,153 * The amount incurred during the quarter ended January 29, 2016 includes $9.6 million of expenses for special termination benefits under the Joy Global qualified pension plan as part of continued restructuring activities in our Underground division. As noted below, amounts accrued for special termination benefits are included in our retiree benefit liabilities. In thousands Underground Surface Corporate Consolidated Accelerated Depreciation Total expected costs from inception of program through fiscal 2017 $ 15,358 $ 600 $ — $ 15,958 Amount incurred for the year ended October 30, 2015 $ 2,079 $ — $ — $ 2,079 Amount incurred for the quarter ended January 29, 2016 $ 4,779 $ — $ — $ 4,779 Amounts impacting the Company's reserves for restructuring charges for its Restructuring Program relate to employee severance and termination costs as follows: In thousands Quarter Ended January 29, 2016 Beginning accrual $ 13,613 Costs incurred 11,471 Costs paid/settled (11,303 ) Other adjustments (2,544 ) Effect of foreign currency translation (46 ) Ending accrual $ 11,191

Retiree Benefits (Tables)

Retiree Benefits (Tables)	3 Months Ended
Retiree Benefits (Tables)	Jan. 29, 2016
Compensation and Retirement Disclosure [Abstract]
Components of net periodic benefit cost	The components of the net periodic benefit cost (income) associated with our pension and other postretirement plans are as follows: Pension Benefits Postretirement Benefits Quarter Ended Quarter Ended In thousands January 29, January 30, January 29, January 30, Service cost $ 1,226 $ 977 $ 191 $ 253 Interest cost 18,736 19,657 305 300 Expected return on assets (23,844 ) (27,264 ) (147 ) (160 ) Amortization of prior service cost 17 17 33 33 Curtailment charge — — 100 — Special termination benefits 9,600 — — — Net periodic benefit cost/(income) $ 5,735 $ (6,613 ) $ 482 $ 426

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
Derivatives (Tables)	Jan. 29, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Effect of cash flow hedges on the Condensed Consolidated Financial Statements	The following table summarizes the effect of cash flow hedges on the Condensed Consolidated Financial Statements: In thousands Effective Portion Amount of (Loss) Gain Recognized in Other Comprehensive Income (Loss) Gain Reclassified from Accumulated Other Comprehensive Income into Earnings Derivative Hedging Relationship Location Amount Foreign currency forward contracts Quarter ended January 29, 2016 $ (1,124 ) Cost of sales $ (485 ) Sales (146 ) Quarter ended January 30, 2015 $ 3,699 Cost of sales $ (1,509 ) Sales —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
Earnings Per Share (Tables)	Jan. 29, 2016
Earnings Per Share [Abstract]
Computation of basic and diluted earnings per share	The following table sets forth the computation of basic and diluted earnings per share: Quarter Ended In thousands, except per share amounts January 29, January 30, Numerator: Net (loss) income $ (40,221 ) $ 30,525 Denominator: Weighted average shares outstanding 97,851 97,547 Dilutive effect of stock options, performance shares and restricted stock units — 591 Weighted average shares outstanding assuming dilution 97,851 98,138 Basic (loss) earnings per share $ (0.41 ) $ 0.31 Diluted (loss) earnings per share $ (0.41 ) $ 0.31

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
Fair Value Measurements (Tables)	Jan. 29, 2016
Fair Value Disclosures [Abstract]
Fair value measurements	The following tables present the fair value hierarchy for those assets and liabilities measured at fair value and disclose the fair value of long-term obligations recorded at cost as of January 29, 2016 and October 30, 2015 . As of January 29, 2016 and October 30, 2015 , we did not have any Level 3 assets or liabilities. Fair Value Measurements as of January 29, 2016 In thousands Carrying Value Total Fair Value Level 1 Level 2 Current Assets Cash equivalents $ 8,780 $ 8,780 $ 8,780 $ — Other Current Assets Derivatives $ 12,290 $ 12,290 $ — $ 12,290 Other Accrued Liabilities Derivatives $ 7,458 $ 7,458 $ — $ 7,458 Long-term Obligations Including Amounts due within One Year Term Loan due 2019 $ 370,313 $ 364,334 $ — $ 364,334 5.125% Senior Notes due 2021 $ 497,296 $ 356,930 $ — $ 356,930 6.625% Senior Notes due 2036 $ 148,561 $ 94,871 $ — $ 94,871 Fair Value Measurements as of October 30, 2015 In thousands Carrying Value Total Fair Value Level 1 Level 2 Current Assets Cash equivalents $ 9,831 $ 9,831 $ 9,831 $ — Other Current Assets Derivatives $ 20,267 $ 20,267 $ — $ 20,267 Other Accrued Liabilities Derivatives $ 10,577 $ 10,577 $ — $ 10,577 Long-term Obligations Including Amounts due within One Year Term Loan due 2019 $ 375,000 $ 373,668 $ — $ 373,668 5.125% Senior Notes due 2021 $ 497,195 $ 446,680 $ — $ 446,680 6.625% Senior Notes due 2036 $ 148,553 $ 119,310 $ — $ 119,310 Credit Agreement $ 58,600 $ 58,600 — $ 58,600

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
Segment Information (Tables)	Jan. 29, 2016
Segment Reporting [Abstract]
Segment reporting information	In thousands Underground Surface Corporate Eliminations Total Quarter ended January 29, 2016 Net sales $ 274,494 $ 276,572 $ — $ (24,766 ) $ 526,300 Operating (loss) income $ (38,450 ) $ 7,788 $ (7,529 ) $ (6,896 ) $ (45,087 ) Interest income — — 807 — 807 Interest expense — — (12,923 ) — (12,923 ) (Loss) income before income taxes $ (38,450 ) $ 7,788 $ (19,645 ) $ (6,896 ) $ (57,203 ) Depreciation and amortization $ 22,420 $ 16,741 $ 926 $ — $ 40,087 Capital expenditures $ 6,774 $ 1,089 $ 240 $ — $ 8,103 Quarter ended January 30, 2015 Net sales $ 384,663 $ 347,036 $ — $ (27,826 ) $ 703,873 Operating income (loss) $ 42,230 $ 31,346 $ (8,662 ) $ (6,456 ) $ 58,458 Interest income — — 2,940 — 2,940 Interest expense — — (15,897 ) — (15,897 ) Income (loss) before income taxes $ 42,230 $ 31,346 $ (21,619 ) $ (6,456 ) $ 45,501 Depreciation and amortization $ 19,188 $ 13,789 $ 702 $ — $ 33,679 Capital expenditures $ 9,061 $ 13,104 $ 93 $ — $ 22,258

Subsidiary Guarantors for 20341

Subsidiary Guarantors for 2036 Notes (Tables) - Supplemental Subsidiary Guarantors	3 Months Ended
	Jan. 29, 2016
Condensed Financial Statements, Captions [Line Items]
Supplemental subsidiary guarantor condensed consolidating statements of income	Condensed Consolidating Statement of Operations Quarter ended January 29, 2016 In thousands Parent Company Supplemental Subsidiary Guarantors Supplemental Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 265,429 $ 388,918 $ (128,047 ) $ 526,300 Cost of sales — 234,709 307,630 (104,083 ) 438,256 Product development, selling and administrative expenses 7,380 40,680 62,353 — 110,413 Restructuring expenses 395 20,016 6,248 — 26,659 Other income — (698 ) (3,243 ) — (3,941 ) Operating (loss) income (7,775 ) (29,278 ) 15,930 (23,964 ) (45,087 ) Intercompany items 15,148 (47,734 ) (6,071 ) 38,657 — Interest (expense) income, net (12,720 ) 248 356 — (12,116 ) (Loss) income before income taxes and equity in income of subsidiaries (5,347 ) (76,764 ) 10,215 14,693 (57,203 ) (Benefit) provision for income taxes (11,505 ) 150 (5,627 ) — (16,982 ) Equity in (loss) income of subsidiaries (46,379 ) 17,493 — 28,886 — Net (loss) income $ (40,221 ) $ (59,421 ) $ 15,842 $ 43,579 $ (40,221 ) Comprehensive loss $ (72,584 ) $ (60,701 ) $ (15,434 ) $ 76,135 $ (72,584 ) Condensed Consolidating Statement of Operations Quarter ended January 30, 2015 In thousands Parent Company Supplemental Subsidiary Guarantors Supplemental Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 441,075 $ 473,089 $ (210,291 ) $ 703,873 Cost of sales (3,177 ) 321,204 362,940 (163,398 ) 517,569 Product development, selling and administrative expenses 11,792 49,377 69,225 — 130,394 Restructuring expenses — 219 446 — 665 Other (income) expense — 4,637 (7,850 ) — (3,213 ) Operating income (loss) (8,615 ) 65,638 48,328 (46,893 ) 58,458 Intercompany items 16,770 (23,708 ) (6,040 ) 12,978 — Interest (expense) income, net (15,598 ) 1,634 1,007 — (12,957 ) Income (loss) before income taxes and equity in income of subsidiaries (7,443 ) 43,564 43,295 (33,915 ) 45,501 Provision (benefit) for income taxes 20,313 2,996 (8,333 ) — 14,976 Equity in income of subsidiaries 58,281 1,841 — (60,122 ) — Net income $ 30,525 $ 42,409 $ 51,628 $ (94,037 ) $ 30,525 Comprehensive (loss) income $ (86,474 ) $ 41,000 $ (62,456 ) $ 21,456 $ (86,474 )
Supplemental subsidiary guarantor condensed consolidating balance sheets	Condensed Consolidating Balance Sheet As of January 29, 2016 In thousands Parent Company Supplemental Subsidiary Guarantors Supplemental Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 21,242 $ 2,567 $ 116,124 $ — $ 139,933 Accounts receivable, net — 177,562 485,295 (11,926 ) 650,931 Inventories — 482,262 568,718 (88,317 ) 962,663 Other current assets 24,035 15,953 70,891 — 110,879 Total current assets 45,277 678,344 1,241,028 (100,243 ) 1,864,406 Property, plant and equipment, net 20,632 280,034 456,798 (5,016 ) 752,448 Other assets: Other intangible assets, net — 203,219 46,459 — 249,678 Goodwill — 346,348 8,279 — 354,627 Deferred income taxes 92,648 — 56,993 — 149,641 Other non-current assets 2,591,311 2,049,573 1,685,949 (6,216,899 ) 109,934 Total other assets 2,683,959 2,599,140 1,797,680 (6,216,899 ) 863,880 Total assets $ 2,749,868 $ 3,557,518 $ 3,495,506 $ (6,322,158 ) $ 3,480,734 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term borrowings, including current portion of long-term obligations $ 23,438 $ — $ 6,094 $ — $ 29,532 Trade accounts payable 3,059 78,279 135,070 — 216,408 Employee compensation and benefits 8,251 28,486 42,006 — 78,743 Advance payments and progress billings — 100,974 148,857 (14,323 ) 235,508 Accrued warranties — 19,521 30,997 — 50,518 Other accrued liabilities 86,823 57,066 78,334 (10,855 ) 211,368 Current liabilities of discontinued operations — 11,582 — — 11,582 Total current liabilities 121,571 295,908 441,358 (25,178 ) 833,659 Long-term obligations 992,732 — 8 — 992,740 Other liabilities: Liabilities for postretirement benefits 17,296 — — — 17,296 Accrued pension costs 178,513 — — — 178,513 Other non-current liabilities 95,338 8,068 10,702 — 114,108 Total other liabilities 291,147 8,068 10,702 — 309,917 Shareholders’ equity 1,344,418 3,253,542 3,043,438 (6,296,980 ) 1,344,418 Total liabilities and shareholders’ equity $ 2,749,868 $ 3,557,518 $ 3,495,506 $ (6,322,158 ) $ 3,480,734 Condensed Consolidating Balance Sheet As of October 30, 2015 In thousands Parent Company Supplemental Subsidiary Guarantors Supplemental Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 581 $ 2,008 $ 100,296 $ — $ 102,885 Accounts receivable, net — 214,381 597,826 (134 ) 812,073 Inventories — 508,774 607,461 (108,310 ) 1,007,925 Other current assets 58,441 15,610 71,508 — 145,559 Total current assets 59,022 740,773 1,377,091 (108,444 ) 2,068,442 Property, plant and equipment, net 21,318 297,476 478,253 (5,015 ) 792,032 Other assets: Other intangible assets, net — 207,891 47,819 — 255,710 Goodwill — 346,348 8,273 — 354,621 Deferred income taxes 49,660 — 69,253 — 118,913 Other non-current assets 2,740,518 2,078,294 2,517,110 (7,213,194 ) 122,728 Total other assets 2,790,178 2,632,533 2,642,455 (7,213,194 ) 851,972 Total assets $ 2,870,518 $ 3,670,782 $ 4,497,799 $ (7,326,653 ) $ 3,712,446 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term borrowings, including current portion of long-term obligations $ 18,750 $ — $ 7,571 $ — $ 26,321 Trade accounts payable 3,342 96,891 175,556 — 275,789 Employee compensation and benefits 5,843 36,527 47,965 — 90,335 Advance payments and progress billings — 100,312 149,795 (20,637 ) 229,470 Accrued warranties — 19,027 33,119 — 52,146 Other accrued liabilities 76,650 60,228 100,660 (12,261 ) 225,277 Current liabilities of discontinued operations — 11,582 — — 11,582 Total current liabilities 104,585 324,567 514,666 (32,898 ) 910,920 Long-term obligations 1,060,598 — 45 — 1,060,643 Other liabilities: Liabilities for postretirement benefits 18,662 878 — — 19,540 Accrued pension costs 159,594 8,406 7,699 — 175,699 Other non-current liabilities 81,595 8,325 35,715 — 125,635 Total other liabilities 259,851 17,609 43,414 — 320,874 Shareholders’ equity 1,445,484 3,328,606 3,939,674 (7,293,755 ) 1,420,009 Total liabilities and shareholders’ equity $ 2,870,518 $ 3,670,782 $ 4,497,799 $ (7,326,653 ) $ 3,712,446
Supplemental subsidiary guarantor condensed consolidating statements of cash flows	Condensed Consolidating Statement of Cash Flows Quarter ended January 29, 2016 In thousands Parent Company Supplemental Subsidiary Guarantors Supplemental Non-Guarantor Subsidiaries Consolidated Operating Activities: Net cash provided (used) by operating activities $ 86,203 $ (4,564 ) $ 26,950 $ 108,589 Investing Activities: Property, plant and equipment acquired (240 ) (1,666 ) (6,197 ) (8,103 ) Proceeds from sale of property, plant and equipment — 6,789 2,378 9,167 Other investing activities, net (7 ) — 129 122 Net cash provided (used) by investing activities (247 ) 5,123 (3,690 ) 1,186 Financing Activities: Dividends paid (997 ) — — (997 ) Repayments of term loan (4,687 ) — — (4,687 ) Payments on credit agreement (58,600 ) — — (58,600 ) Repayments of short-term debt — — (1,507 ) (1,507 ) Financing fees (1,011 ) — — (1,011 ) Net cash used by financing activities (65,295 ) — (1,507 ) (66,802 ) Effect of Exchange Rate Changes on Cash and Cash Equivalents — — (5,925 ) (5,925 ) Increase (Decrease) in Cash and Cash Equivalents 20,661 559 15,828 37,048 Cash and Cash Equivalents at Beginning of Period 581 2,008 100,296 102,885 Cash and Cash Equivalents at End of Period $ 21,242 $ 2,567 $ 116,124 $ 139,933 Condensed Consolidating Statement of Cash Flow Quarter ended January 30, 2015 In thousands Parent Company Supplemental Subsidiary Guarantors Supplemental Non-Guarantor Subsidiaries Consolidated Operating Activities: Net cash (used) provided by operating activities 25,892 (7,426 ) (36,821 ) (18,355 ) Investing Activities: Property, plant and equipment acquired (93 ) (5,971 ) (16,194 ) (22,258 ) Proceeds from sale of property, plant and equipment — 133 623 756 Other investing activities, net (1,168 ) — 1,309 141 Net cash used by investing activities (1,261 ) (5,838 ) (14,262 ) (21,361 ) Financing Activities: Common stock issued 273 — — 273 Dividends paid (19,489 ) — — (19,489 ) Treasury stock purchased (50,000 ) — — (50,000 ) Other financing activities, net 261 262 (83 ) 440 Net cash (used) provided by financing activities (68,955 ) 262 (83 ) (68,776 ) Effect of Exchange Rate Changes on Cash and Cash Equivalents — — (9,373 ) (9,373 ) Decrease in Cash and Cash Equivalents (44,324 ) (13,002 ) (60,539 ) (117,865 ) Cash and Cash Equivalents at Beginning of Period 54,874 16,429 198,888 270,191 Cash and Cash Equivalents at End of Period $ 10,550 $ 3,427 $ 138,349 $ 152,326

Subsidiary Guarantors for Cre42

Subsidiary Guarantors for Credit Agreement, Term Loan and 2021 Notes (Tables) - Subsidiary Guarantors	3 Months Ended
	Jan. 29, 2016
Condensed Financial Statements, Captions [Line Items]
Supplemental subsidiary guarantor condensed consolidating statements of income	Condensed Consolidating Statement of Operations Quarter ended January 29, 2016 In thousands Parent Company Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 263,598 $ 390,749 $ (128,047 ) $ 526,300 Cost of sales — 233,004 309,335 (104,083 ) 438,256 Product development, selling and administrative expenses 7,380 40,679 62,354 — 110,413 Restructuring expenses 395 20,016 6,248 — 26,659 Other income — (694 ) (3,247 ) — (3,941 ) Operating (loss) income (7,775 ) (29,407 ) 16,059 (23,964 ) (45,087 ) Intercompany items 15,148 (47,734 ) (6,071 ) 38,657 — Interest (expense) income, net (12,720 ) 235 369 — (12,116 ) (Loss) income before income taxes and equity in income of subsidiaries (5,347 ) (76,906 ) 10,357 14,693 (57,203 ) (Benefit) provision for income taxes (11,505 ) 412 (5,889 ) — (16,982 ) Equity in (loss) income of subsidiaries (46,379 ) 17,897 — 28,482 — Net (loss) income $ (40,221 ) $ (59,421 ) $ 16,246 $ 43,175 $ (40,221 ) Comprehensive loss $ (72,584 ) $ (60,701 ) $ (15,030 ) $ 75,731 $ (72,584 ) Condensed Consolidating Statement of Operations Quarter ended January 30, 2015 In thousands Parent Company Subsidiary Non-Guarantor Eliminations Consolidated Net sales $ — $ 439,592 $ 474,572 $ (210,291 ) $ 703,873 Cost of sales (3,177 ) 319,552 364,592 (163,398 ) 517,569 Product development, selling and administrative expenses 11,792 49,377 69,225 — 130,394 Restructuring expenses — 219 446 — 665 Other (income) expense — 4,640 (7,853 ) — (3,213 ) Operating income (loss) (8,615 ) 65,804 48,162 (46,893 ) 58,458 Intercompany items 16,770 (23,708 ) (6,040 ) 12,978 — Interest (expense) income, net (15,598 ) 1,689 952 — (12,957 ) Income (loss) before income taxes and equity in income of subsidiaries (7,443 ) 43,785 43,074 (33,915 ) 45,501 Provision (benefit) for income taxes 20,313 3,010 (8,347 ) — 14,976 Equity in income of subsidiaries 58,281 1,634 — (59,915 ) — Net income $ 30,525 $ 42,409 $ 51,421 $ (93,830 ) $ 30,525 Comprehensive (loss) income $ (86,474 ) $ 41,000 $ (62,663 ) $ 21,663 $ (86,474 )
Supplemental subsidiary guarantor condensed consolidating balance sheets	Condensed Consolidating Balance Sheet As of January 29, 2016 In thousands Parent Company Non-Guarantor Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 21,242 $ 2,187 $ 116,504 $ — $ 139,933 Accounts receivable, net — 176,541 486,316 (11,926 ) 650,931 Inventories — 476,511 574,469 (88,317 ) 962,663 Other current assets 24,035 15,279 71,565 — 110,879 Total current assets 45,277 670,518 1,248,854 (100,243 ) 1,864,406 Property, plant and equipment, net 20,632 278,543 458,289 (5,016 ) 752,448 Other assets: Other intangible assets, net — 203,219 46,459 — 249,678 Goodwill — 346,348 8,279 — 354,627 Deferred income taxes 92,648 — 56,993 — 149,641 Other non-current assets 2,591,311 2,021,610 1,713,911 (6,216,898 ) 109,934 Total other assets 2,683,959 2,571,177 1,825,642 (6,216,898 ) 863,880 Total assets $ 2,749,868 $ 3,520,238 $ 3,532,785 $ (6,322,157 ) $ 3,480,734 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term borrowings, including current portion of long-term obligations $ 23,438 $ — $ 6,094 $ — $ 29,532 Trade accounts payable 3,059 78,021 135,328 — 216,408 Employee compensation and benefits 8,251 28,410 42,082 — 78,743 Advance payments and progress billings — 100,930 148,901 (14,323 ) 235,508 Accrued warranties — 19,521 30,997 — 50,518 Other accrued liabilities 86,823 57,052 78,348 (10,855 ) 211,368 Current liabilities of discontinued operations — 11,582 — — 11,582 Total current liabilities 121,571 295,516 441,750 (25,178 ) 833,659 Long-term obligations 992,732 — 8 — 992,740 Other liabilities: Liabilities for postretirement benefits 17,296 — — — 17,296 Accrued pension costs 178,513 — — — 178,513 Other non-current liabilities 95,338 8,068 10,702 — 114,108 Total other liabilities 291,147 8,068 10,702 — 309,917 Shareholders’ equity 1,344,418 3,216,654 3,080,325 (6,296,979 ) 1,344,418 Total liabilities and shareholders’ equity $ 2,749,868 $ 3,520,238 $ 3,532,785 $ (6,322,157 ) $ 3,480,734 Condensed Consolidating Balance Sheet As of October 30, 2015 In thousands Parent Company Subsidiary Non-Guarantor Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 581 $ 2,008 $ 100,296 $ — $ 102,885 Accounts receivable, net — 214,381 597,826 (134 ) 812,073 Inventories — 508,774 607,461 (108,310 ) 1,007,925 Other current assets 58,441 15,610 71,508 — 145,559 Total current assets 59,022 740,773 1,377,091 (108,444 ) 2,068,442 Property, plant and equipment, net 21,318 297,476 478,253 (5,015 ) 792,032 Other assets: Other intangible assets, net — 207,891 47,819 — 255,710 Goodwill — 346,348 8,273 — 354,621 Deferred income taxes 49,660 — 69,253 — 118,913 Other non-current assets 2,740,518 2,078,294 2,517,110 (7,213,194 ) 122,728 Total other assets 2,790,178 2,632,533 2,642,455 (7,213,194 ) 851,972 Total assets $ 2,870,518 $ 3,670,782 $ 4,497,799 $ (7,326,653 ) $ 3,712,446 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term borrowings, including current portion of long-term obligations $ 18,750 $ — $ 7,571 $ — $ 26,321 Trade accounts payable 3,342 96,891 175,556 — 275,789 Employee compensation and benefits 5,843 36,527 47,965 — 90,335 Advance payments and progress billings — 100,312 149,795 (20,637 ) 229,470 Accrued warranties — 19,027 33,119 — 52,146 Other accrued liabilities 76,650 60,228 100,660 (12,261 ) 225,277 Current liabilities of discontinued operations — 11,582 — — 11,582 Total current liabilities 104,585 324,567 514,666 (32,898 ) 910,920 Long-term obligations 1,060,598 — 45 — 1,060,643 Other liabilities: Liabilities for postretirement benefits 18,662 878 — — 19,540 Accrued pension costs 159,594 8,406 7,699 — 175,699 Other non-current liabilities 81,595 8,325 35,715 — 125,635 Total other liabilities 259,851 17,609 43,414 — 320,874 Shareholders’ equity 1,445,484 3,328,606 3,939,674 (7,293,755 ) 1,420,009 Total liabilities and shareholders’ equity $ 2,870,518 $ 3,670,782 $ 4,497,799 $ (7,326,653 ) $ 3,712,446
Supplemental subsidiary guarantor condensed consolidating statements of cash flows	Condensed Consolidating Statement of Cash Flows Quarter ended January 29, 2016 In thousands Parent Company Non-Guarantor Consolidated Operating Activities: Net cash provided (used) by operating activities $ 86,203 $ (4,944 ) $ 27,330 $ 108,589 Investing Activities: Property, plant and equipment acquired (240 ) (1,666 ) (6,197 ) (8,103 ) Proceeds from sale of property, plant and equipment — 6,789 2,378 9,167 Other investing activities, net (7 ) — 129 122 Net cash provided (used) by investing activities (247 ) 5,123 (3,690 ) 1,186 Financing Activities: Dividends paid (997 ) — — (997 ) Repayments of term loan (4,687 ) — — (4,687 ) Payments on credit agreement (58,600 ) — — (58,600 ) Repayments of short-term debt — — (1,507 ) (1,507 ) Financing fees (1,011 ) — — (1,011 ) Net cash used by financing activities (65,295 ) — (1,507 ) (66,802 ) Effect of Exchange Rate Changes on Cash and Cash Equivalents — — (5,925 ) (5,925 ) Increase in Cash and Cash Equivalents 20,661 179 16,208 37,048 Cash and Cash Equivalents at Beginning of Period 581 2,008 100,296 102,885 Cash and Cash Equivalents at End of Period $ 21,242 $ 2,187 $ 116,504 $ 139,933 Condensed Consolidating Statement of Cash Flows Quarter ended January 30, 2015 In thousands Parent Company Subsidiary Consolidated Operating Activities: Net cash (used) provided by operating activities 25,892 (7,426 ) (36,821 ) (18,355 ) Investing Activities: Property, plant and equipment acquired (93 ) (5,971 ) (16,194 ) (22,258 ) Proceeds from sale of property, plant and equipment — 133 623 756 Other investing activities, net (1,168 ) — 1,309 141 Net cash used by investing activities (1,261 ) (5,838 ) (14,262 ) (21,361 ) Financing Activities: Common stock issued 273 — — 273 Dividends paid (19,489 ) — — (19,489 ) Treasury stock purchased (50,000 ) — — (50,000 ) Other financing activities, net 261 262 (83 ) 440 Net cash (used) provided by financing activities (68,955 ) 262 (83 ) (68,776 ) Effect of Exchange Rate Changes on Cash and Cash Equivalents — — (9,373 ) (9,373 ) Decrease in Cash and Cash Equivalents (44,324 ) (13,002 ) (60,539 ) (117,865 ) Cash and Cash Equivalents at Beginning of Period 54,874 16,429 198,888 270,191 Cash and Cash Equivalents at End of Period $ 10,550 $ 3,427 $ 138,349 $ 152,326

Description of Business (Detail

Description of Business (Details)	3 Months Ended
Description of Business (Details)	Jan. 29, 2016Segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of business segments	2

Acquisitions (Details)

Acquisitions (Details) - Montabert S.A.S. $ in Millions	Jun. 01, 2015USD ($)
Gross payments to acquire businesses	$ 121.5
Cash acquired in business combination	7.1
Goodwill acquired	55.5
Intangible assets acquired	$ 35.1

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Jan. 29, 2016	Oct. 30, 2015
Inventory Disclosure [Abstract]
Finished goods	$ 746,868	$ 814,306
Work in process	158,282	135,310
Raw materials	57,513	58,309
Total inventories	$ 962,663	$ 1,007,925

Goodwill and Other Intangible46

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands	Jan. 29, 2016	Oct. 30, 2015
Goodwill [Line Items]
Goodwill	$ 354,627	$ 354,621
Surface Mining Equipment [Member]
Goodwill [Line Items]
Goodwill	$ 354,600

Warranties (Details)

Warranties (Details) - USD ($) $ in Thousands	3 Months Ended
Warranties (Details) - USD ($) $ in Thousands	Jan. 29, 2016	Jan. 30, 2015
Changes in the product warranty reserve
Balance, beginning of period	$ 52,146	$ 67,272
Accrual for warranty expensed during the period	6,894	6,180
Settlements made during the period	(6,992)	(11,375)
Effect of foreign currency translation	(1,530)	(3,549)
Balance, end of period	$ 50,518	$ 58,528

Borrowings and Credit Facilit48

Borrowings and Credit Facilities (Details Textual) - USD ($)	Dec. 14, 2015	Jul. 29, 2014	Oct. 12, 2011	Nov. 01, 2006	Jan. 29, 2016	Jan. 30, 2015	Oct. 30, 2015	Oct. 12, 2012	Jun. 16, 2011
Line of Credit Facility [Line Items]
Interest expense recognized for direct borrowings under the Credit Agreement					$ 12,923,000	$ 15,897,000
Repayments of Term Loan					$ 4,687,000	0
Term Loan due 2019
Line of Credit Facility [Line Items]
Principal amount		$ 375,000,000
Term loan outstanding		375,000,000
Prior Term Loan [Member]
Line of Credit Facility [Line Items]
Principal amount									$ 500,000,000
5.125% Senior Notes due 2021
Line of Credit Facility [Line Items]
Principal amount			$ 500,000,000
Interest rate			5.125%		5.125%		5.125%
Percentage of principal amount of notes to be redeemed at company's option			100.00%
6.625% Senior Notes due 2036
Line of Credit Facility [Line Items]
Principal amount				$ 150,000,000
Interest rate				6.625%	6.625%		6.625%
Percentage of principal amount of notes to be redeemed at company's option				100.00%
Treasury Rate \| 5.125% Senior Notes due 2021
Line of Credit Facility [Line Items]
Basis spread on variable rate			0.50%
Treasury Rate \| 6.625% Senior Notes due 2036
Line of Credit Facility [Line Items]
Basis spread on variable rate				0.375%
Revolving Credit Facility
Line of Credit Facility [Line Items]
Unsecured revolving credit facility (Credit Agreement) maximum borrowing capacity	$ 500,000,000	850,000,000						$ 1,000,000,000
Cash dividend covenant limit	$ 25,000,000
Line of credit additional borrowing capacity		$ 250,000,000
Line of credit amount outstanding					$ 0
Interest expense recognized for direct borrowings under the Credit Agreement					500,000	$ 200,000
Letters of credit outstanding					141,900,000
Available borrowing capacity					$ 708,100,000
Revolving Credit Facility \| Eurodollar Interest Period One
Line of Credit Facility [Line Items]
Interest period		7 days
Revolving Credit Facility \| Eurodollar Interest Period Two
Line of Credit Facility [Line Items]
Interest period		1 month
Revolving Credit Facility \| Eurodollar Interest Period Three
Line of Credit Facility [Line Items]
Interest period		2 months
Revolving Credit Facility \| Eurodollar Interest Period Four
Line of Credit Facility [Line Items]
Interest period		3 months
Revolving Credit Facility \| Eurodollar Interest Period Five
Line of Credit Facility [Line Items]
Interest period		6 months
Revolving Credit Facility \| Eurodollar Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate		1.00%
Revolving Credit Facility \| Federal Funds Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate		0.50%
Revolving Credit Facility \| Minimum
Line of Credit Facility [Line Items]
Line of credit commitment fee percentage on unused capacity		0.09%
Revolving Credit Facility \| Minimum \| Eurodollar Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate		1.00%
Revolving Credit Facility \| Maximum
Line of Credit Facility [Line Items]
Line of credit commitment fee percentage on unused capacity		0.30%
Revolving Credit Facility \| Maximum \| Eurodollar Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate		2.00%

Borrowings and Credit Facilit49

Borrowings and Credit Facilities (Details) - USD ($) $ in Thousands	Jan. 29, 2016	Oct. 30, 2015
Direct borrowings and capital lease obligations
Total obligations	$ 1,022,272	$ 1,086,964
Less: Amounts due within one year	(29,532)	(26,321)
Long-term obligations	992,740	1,060,643
Term Loan due 2019
Direct borrowings and capital lease obligations
Total obligations	370,313	375,000
5.125% Senior Notes due 2021
Direct borrowings and capital lease obligations
Total obligations	497,296	497,195
6.625% Senior Notes due 2036
Direct borrowings and capital lease obligations
Total obligations	148,561	148,553
Line of Credit [Member]
Direct borrowings and capital lease obligations
Total obligations	0	58,600
Capital leases
Direct borrowings and capital lease obligations
Total obligations	62	159
Factoring arrangement
Direct borrowings and capital lease obligations
Total obligations	$ 6,040	$ 7,457

Accumulated Other Comprehensi50

Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Thousands		3 Months Ended
		Jan. 29, 2016	Jan. 30, 2015
Changes in Accumulated Other Comprehensive (Loss) Income:
Beginning balance		$ (147,072)	$ (6,280)
Other comprehensive (loss) income before reclassifications, net of taxes		(32,853)	(118,102)
Amounts reclassified from accumulated other comprehensive (loss) income, net of taxes		490	1,103
Total other comprehensive loss, net of taxes		(32,363)	(116,999)
Ending balance		(179,435)	(123,279)
Reclassifications from Accumulated Other Comprehensive (Loss) Income:
Deferred tax		16,982	(14,976)
Net (loss) income		(40,221)	30,525
Change in Unrecognized Prior Service Costs on Pension and Other Postretirement Obligations
Changes in Accumulated Other Comprehensive (Loss) Income:
Beginning balance		(1,282)	(1,486)
Other comprehensive (loss) income before reclassifications, net of taxes		0	0
Amounts reclassified from accumulated other comprehensive (loss) income, net of taxes		46	35
Total other comprehensive loss, net of taxes		46	35
Ending balance		(1,236)	(1,451)
Derivative Instrument Fair Market Value Adjustment
Changes in Accumulated Other Comprehensive (Loss) Income:
Beginning balance		10,294	4,736
Other comprehensive (loss) income before reclassifications, net of taxes		(790)	2,620
Amounts reclassified from accumulated other comprehensive (loss) income, net of taxes		444	1,068
Total other comprehensive loss, net of taxes		(346)	3,688
Ending balance		9,948	8,424
Foreign Currency Translation Adjustment
Changes in Accumulated Other Comprehensive (Loss) Income:
Beginning balance		(156,084)	(9,530)
Other comprehensive (loss) income before reclassifications, net of taxes		(32,063)	(120,722)
Amounts reclassified from accumulated other comprehensive (loss) income, net of taxes		0	0
Total other comprehensive loss, net of taxes		(32,063)	(120,722)
Ending balance		(188,147)	(130,252)
Amounts Reclassified from Accumulated Other Comprehensive (Loss) Income
Reclassifications from Accumulated Other Comprehensive (Loss) Income:
Net (loss) income		490	1,103
Amounts Reclassified from Accumulated Other Comprehensive (Loss) Income \| Change in Unrecognized Prior Service Costs on Pension and Other Postretirement Obligations
Reclassifications from Accumulated Other Comprehensive (Loss) Income:
Amortization of prior service cost	[1]	50	50
Curtailment loss		100	0
Deferred tax		(104)	(15)
Net (loss) income		46	35
Amounts Reclassified from Accumulated Other Comprehensive (Loss) Income \| Derivative Instrument Fair Market Value Adjustment
Reclassifications from Accumulated Other Comprehensive (Loss) Income:
Deferred tax		(187)	(441)
Net (loss) income		444	1,068
Amounts Reclassified from Accumulated Other Comprehensive (Loss) Income \| Derivative Instrument Fair Market Value Adjustment \| Foreign Currency Forward Contracts
Reclassifications from Accumulated Other Comprehensive (Loss) Income:
Foreign exchange cash flow hedges	[2]	$ 631	$ 1,509

[1]	Amounts are included in the computation of net periodic benefits costs as either cost of sales or product development, selling and administrative expense as appropriate. Refer to Note 12, Retiree Benefits, for additional information.
[2]	Amounts are included in either net sales or cost of sales as appropriate. Refer to Note 13, Derivatives, for additional information.

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($) $ in Millions	3 Months Ended	30 Months Ended
Shareholders' Equity (Details) - USD ($) $ in Millions	Jan. 30, 2015	Jan. 29, 2016	Aug. 01, 2013
Equity [Abstract]
Value of shares authorized to be repurchased			$ 1,000
Purchase of treasury stock (in shares)	954,580	9,771,605
Purchase of treasury stock	$ 50	$ 533.4
Remaining shares available under repurchase program		$ 466.6

Share-Based Compensation (Detai

Share-Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended
Share-Based Compensation (Details) - USD ($) $ in Thousands	Jan. 29, 2016	Jan. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based compensation expense	$ 4,367	$ 7,554
Deferred tax asset related to the share-based compensation expense	$ 1,300	$ 1,900

Restructuring Charges - Restruc

Restructuring Charges - Restructuring Reserve Activity (Details) - USD ($) $ in Thousands	3 Months Ended			12 Months Ended	24 Months Ended
	Jan. 29, 2016		Jan. 30, 2015	Oct. 30, 2015	Oct. 28, 2016
Restructuring Reserve [Roll Forward]
Costs incurred	$ 26,659		$ 665
Other Restructuring Costs
Restructuring Cost and Reserve [Line Items]
Amount expected	1,800
Employee Severance and Termination Costs
Restructuring Cost and Reserve [Line Items]
Amount expected	71,115
Amount incurred	21,153			$ 31,376
Restructuring Reserve [Roll Forward]
Beginning accrual	13,613
Costs incurred	11,471
Costs paid/settled	(11,303)
Other adjustments	(2,544)
Effect of foreign currency translation	(46)
Ending accrual	11,191			13,613
Accelerated Depreciation
Restructuring Cost and Reserve [Line Items]
Amount expected	15,958
Amount incurred	4,779			2,079
Special Termination Benefits
Restructuring Reserve [Roll Forward]
Costs incurred	9,600			2,600
Scenario, Forecast [Member]
Restructuring Reserve [Roll Forward]
Costs incurred					$ 90,000
Restructuring cash costs					$ 74,000
Underground Mining Machinery [Member] \| Other Restructuring Costs
Restructuring Cost and Reserve [Line Items]
Amount incurred	700
Underground Mining Machinery [Member] \| Employee Severance and Termination Costs
Restructuring Cost and Reserve [Line Items]
Amount expected	50,420
Amount incurred	20,194	[1]		16,340
Underground Mining Machinery [Member] \| Accelerated Depreciation
Restructuring Cost and Reserve [Line Items]
Amount expected	15,358
Amount incurred	4,779			2,079
Surface Mining Equipment [Member] \| Employee Severance and Termination Costs
Restructuring Cost and Reserve [Line Items]
Amount expected	17,715
Amount incurred	564			12,451
Surface Mining Equipment [Member] \| Accelerated Depreciation
Restructuring Cost and Reserve [Line Items]
Amount expected	600
Amount incurred	0			0
Corporate Segment [Member] \| Employee Severance and Termination Costs
Restructuring Cost and Reserve [Line Items]
Amount expected	2,980
Amount incurred	395			2,585
Corporate Segment [Member] \| Accelerated Depreciation
Restructuring Cost and Reserve [Line Items]
Amount expected	0
Amount incurred	$ 0			$ 0

[1]	* The amount incurred during the quarter ended January 29, 2016 includes $9.6 million of expenses for special termination benefits under the Joy Global qualified pension plan as part of continued restructuring activities in our Underground division. As noted below, amounts accrued for special termination benefits are included in our retiree benefit liabilities.

Retiree Benefits (Details)

Retiree Benefits (Details) - USD ($) $ in Thousands	3 Months Ended
Retiree Benefits (Details) - USD ($) $ in Thousands	Jan. 29, 2016	Jan. 30, 2015
Pension Plans, Defined Benefit
Components of net periodic benefit cost
Service cost	$ 1,226	$ 977
Interest cost	18,736	19,657
Expected return on assets	(23,844)	(27,264)
Amortization of prior service cost	17	17
Curtailment charge	0	0
Special termination benefits	9,600	0
Net periodic benefit cost/(income)	5,735	(6,613)
Postretirement Benefits
Components of net periodic benefit cost
Service cost	191	253
Interest cost	305	300
Expected return on assets	(147)	(160)
Amortization of prior service cost	33	33
Curtailment charge	100	0
Special termination benefits	0	0
Net periodic benefit cost/(income)	$ 482	$ 426

Retiree Benefits (Details Textu

Retiree Benefits (Details Textual) - USD ($) $ in Thousands	3 Months Ended
Retiree Benefits (Details Textual) - USD ($) $ in Thousands	Jan. 29, 2016	Jan. 30, 2015
Pension contributions	$ 1,418	$ 10,846
Costs incurred	26,659	665
Pension Plans, Defined Benefit
Pension contributions	1,400
Estimated employer contributions to defined benefit plan in current fiscal year	10,000
Special termination benefits	$ 9,600	$ 0

Derivatives (Details Textual)

Derivatives (Details Textual) - USD ($) $ in Millions	3 Months Ended
Derivatives (Details Textual) - USD ($) $ in Millions	Jan. 29, 2016	Jan. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Notional amount of derivatives	$ 615
Gain (loss) on foreign currency forward contracts designated and qualifying as fair value hedges	(1.6)	$ (0.8)
Gain (loss) on foreign currency derivative instruments not designated as hedging instruments	$ 4.6	$ 6.8

Derivatives (Details)

Derivatives (Details) - Cash Flow Hedges - Foreign Currency Forward Contracts - USD ($) $ in Thousands	3 Months Ended
	Jan. 29, 2016	Jan. 30, 2015
Other Comprehensive Income
Derivative Instruments, Gain (Loss) [Line Items]
Effective portion amount of gain/(loss) recognized in OCI	$ (1,124)	$ 3,699
Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Effective portion gain (loss) reclassified from AOCI into earnings	(485)	(1,509)
Sales
Derivative Instruments, Gain (Loss) [Line Items]
Effective portion gain (loss) reclassified from AOCI into earnings	$ (146)	$ 0

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Jan. 29, 2016	Jan. 30, 2015
Income Tax Disclosure [Abstract]
(Benefit) provision for income taxes	$ (16,982)	$ 14,976
Effective income tax rate, percent	(29.70%)	(32.90%)
(Benefit) provision for income taxes, discrete items	$ (800)	$ 400

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Jan. 29, 2016	Jan. 30, 2015
Numerator:
Net (loss) income	$ (40,221)	$ 30,525
Denominator:
Weighted average shares outstanding (in shares)	97,851	97,547
Dilutive effect of stock options, performance shares and restricted stock units (in shares)	0	591
Weighted average shares outstanding assuming dilution (in shares)	97,851	98,138
Basic (loss) earnings per share (in dollars per share)	$ (0.41)	$ 0.31
Diluted (loss) earnings per share (in dollars per share)	$ (0.41)	$ 0.31

Earnings Per Share (Details Tex

Earnings Per Share (Details Textual) - shares shares in Millions	3 Months Ended
	Jan. 29, 2016	Jan. 30, 2015
Earnings Per Share [Abstract]
Weighted average shares excluded from the calculations of diluted earnings per share	5.3	2.3

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Jan. 29, 2016	Oct. 30, 2015	Oct. 12, 2011	Nov. 01, 2006
Level 1
Current Assets
Cash equivalents	$ 8,780	$ 9,831
Other Current Assets
Derivatives	0	0
Other Accrued Liabilities
Derivatives	0	0
Level 2
Current Assets
Cash equivalents	0	0
Other Current Assets
Derivatives	12,290	20,267
Other Accrued Liabilities
Derivatives	7,458	10,577
Term Loan due 2019 \| Level 1
Long-term Obligations Including Amounts due within One Year
Long-term debt	0	0
Term Loan due 2019 \| Level 2
Long-term Obligations Including Amounts due within One Year
Long-term debt	$ 364,334	$ 373,668
6.0% Senior Notes due 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Interest Rate, Stated Percentage
5.125% Senior Notes due 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.125%	5.125%	5.125%
5.125% Senior Notes due 2021 \| Level 1
Long-term Obligations Including Amounts due within One Year
Long-term debt	$ 0	$ 0
5.125% Senior Notes due 2021 \| Level 2
Long-term Obligations Including Amounts due within One Year
Long-term debt	$ 356,930	$ 446,680
6.625% Senior Notes due 2036
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6.625%	6.625%		6.625%
6.625% Senior Notes due 2036 \| Level 1
Long-term Obligations Including Amounts due within One Year
Long-term debt	$ 0	$ 0
6.625% Senior Notes due 2036 \| Level 2
Long-term Obligations Including Amounts due within One Year
Long-term debt	94,871	119,310
Line of Credit [Member] \| Level 1
Long-term Obligations Including Amounts due within One Year
Long-term debt		0
Line of Credit [Member] \| Level 2
Long-term Obligations Including Amounts due within One Year
Long-term debt		58,600
Carrying Value
Current Assets
Cash equivalents	8,780	9,831
Other Current Assets
Derivatives	12,290	20,267
Other Accrued Liabilities
Derivatives	7,458	10,577
Carrying Value \| Term Loan due 2019
Long-term Obligations Including Amounts due within One Year
Long-term debt	370,313	375,000
Carrying Value \| 5.125% Senior Notes due 2021
Long-term Obligations Including Amounts due within One Year
Long-term debt	497,296	497,195
Carrying Value \| 6.625% Senior Notes due 2036
Long-term Obligations Including Amounts due within One Year
Long-term debt	148,561	148,553
Carrying Value \| Line of Credit [Member]
Long-term Obligations Including Amounts due within One Year
Long-term debt		58,600
Total Fair Value
Current Assets
Cash equivalents	8,780	9,831
Other Current Assets
Derivatives	12,290	20,267
Other Accrued Liabilities
Derivatives	7,458	10,577
Total Fair Value \| Term Loan due 2019
Long-term Obligations Including Amounts due within One Year
Long-term debt	364,334	373,668
Total Fair Value \| 5.125% Senior Notes due 2021
Long-term Obligations Including Amounts due within One Year
Long-term debt	356,930	446,680
Total Fair Value \| 6.625% Senior Notes due 2036
Long-term Obligations Including Amounts due within One Year
Long-term debt	$ 94,871	119,310
Total Fair Value \| Line of Credit [Member]
Long-term Obligations Including Amounts due within One Year
Long-term debt		$ 58,600

Contingent Liabilities (Details

Contingent Liabilities (Details) $ in Millions	Jan. 29, 2016USD ($)case
Loss Contingencies [Line Items]
Contingent liability	$ 154.5
Surety Bond
Loss Contingencies [Line Items]
Contingent liability	11.6
Other Guarantees
Loss Contingencies [Line Items]
Contingent liability	$ 1
Damages from Product Defects
Loss Contingencies [Line Items]
Number of unresolved asbestos and silica-related product liability cases \| case	3,530

Segment Information (Details Te

Segment Information (Details Textual)	3 Months Ended
Segment Information (Details Textual)	Jan. 29, 2016Segment
Segment Reporting [Abstract]
Number of reportable segments	2

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended
Segment Information (Details) - USD ($) $ in Thousands	Jan. 29, 2016	Jan. 30, 2015
Schedule of segment reporting information
Net sales	$ 526,300	$ 703,873
Operating (loss) income	(45,087)	58,458
Interest income	807	2,940
Interest expense	(12,923)	(15,897)
(Loss) income before income taxes	(57,203)	45,501
Depreciation and amortization	40,087	33,679
Capital expenditures	8,103	22,258
Underground
Schedule of segment reporting information
Net sales	274,494	384,663
Operating (loss) income	(38,450)	42,230
Interest income	0	0
Interest expense	0	0
(Loss) income before income taxes	(38,450)	42,230
Depreciation and amortization	22,420	19,188
Capital expenditures	6,774	9,061
Surface
Schedule of segment reporting information
Net sales	276,572	347,036
Operating (loss) income	7,788	31,346
Interest income	0	0
Interest expense	0	0
(Loss) income before income taxes	7,788	31,346
Depreciation and amortization	16,741	13,789
Capital expenditures	1,089	13,104
Corporate
Schedule of segment reporting information
Net sales	0	0
Operating (loss) income	(7,529)	(8,662)
Interest income	807	2,940
Interest expense	(12,923)	(15,897)
(Loss) income before income taxes	(19,645)	(21,619)
Depreciation and amortization	926	702
Capital expenditures	240	93
Eliminations
Schedule of segment reporting information
Net sales	(24,766)	(27,826)
Operating (loss) income	(6,896)	(6,456)
Interest income	0	0
Interest expense	0	0
(Loss) income before income taxes	(6,896)	(6,456)
Depreciation and amortization	0	0
Capital expenditures	$ 0	$ 0

Subsidiary Guarantors for 20365

Subsidiary Guarantors for 2036 Notes (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Jan. 29, 2016	Jan. 30, 2015	Oct. 30, 2015	Jan. 29, 2016	Oct. 30, 2015	Jan. 30, 2015	Oct. 31, 2014
Condensed Consolidating Statement of Income
Net sales	$ 526,300	$ 703,873
Cost of sales	438,256	517,569
Product development, selling and administrative expenses	110,413	130,394
Costs incurred	26,659	665
Other (income) expense, net	(3,941)	(3,213)
Operating (loss) income	(45,087)	58,458
(Loss) income before income taxes	(57,203)	45,501
Provision (benefit) for income taxes	(16,982)	14,976
Net (loss) income	(40,221)	30,525
Comprehensive loss	(72,584)	(86,474)
Current assets:
Cash and cash equivalents	102,885	270,191	$ 270,191	$ 139,933	$ 102,885	$ 152,326	$ 270,191
Accounts receivable, net				650,931	812,073
Inventories				962,663	1,007,925
Other current assets				110,879	145,559
Total current assets				1,864,406	2,068,442
Property, plant and equipment, net				752,448	792,032
Other assets:
Other intangible assets, net				249,678	255,710
Goodwill				354,627	354,621
Deferred income taxes				149,641	118,913
Other non-current assets				109,934	122,728
Total other assets				863,880	851,972
Total assets				3,480,734	3,712,446
Current liabilities:
Short-term borrowings, including current portion of long-term obligations				29,532	26,321
Trade accounts payable				216,408	275,789
Employee compensation and benefits				78,743	90,335
Advance payments and progress billings				235,508	229,470
Accrued warranties				50,518	52,146	58,528	67,272
Other accrued liabilities				211,368	225,277
Current liabilities of discontinued operations				11,582	11,582
Total current liabilities				833,659	910,920
Long-term obligations				992,740	1,060,643
Other liabilities:
Liabilities for postretirement benefits				17,296	19,540
Accrued pension costs				178,513	175,699
Other non-current liabilities				114,108	125,635
Total other liabilities				309,917	320,874
Shareholders’ equity				1,344,418	1,420,009
Total liabilities and shareholders’ equity				3,480,734	3,712,446
Operating Activities:
Net cash provided (used) by operating activities	108,589	(18,355)
Investing Activities:
Property, plant and equipment acquired	(8,103)	(22,258)
Proceeds from sale of property, plant and equipment	9,167	756
Other investing activities, net	122	141
Net cash provided (used) by investing activities	1,186	(21,361)
Financing Activities:
Common stock issued	0	273
Dividends paid	(997)	(19,489)
Repayments of term loan	(4,687)	0
Payments on credit agreement	(58,600)	0
Repayments of short term debt	(1,507)	0
Payments of Financing Costs	(1,011)	0
Treasury stock purchased	0	(50,000)
Other financing activities, net	0	440
Net cash used by financing activities	(66,802)	(68,776)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(5,925)	(9,373)
Increase (Decrease) in Cash and Cash Equivalents	37,048	(117,865)
Cash and Cash Equivalents at Beginning of Period	102,885	270,191	270,191
Cash and Cash Equivalents at End of Period	139,933	152,326	102,885
Parent Company
Condensed Consolidating Statement of Income
Net sales	0	0
Cost of sales	0	(3,177)
Product development, selling and administrative expenses	7,380	11,792
Costs incurred	395	0
Other (income) expense, net	0	0
Operating (loss) income	(7,775)	(8,615)
Intercompany items	15,148	16,770
Interest (expense) income, net	(12,720)	(15,598)
(Loss) income before income taxes	(5,347)	(7,443)
Provision (benefit) for income taxes	(11,505)	20,313
Equity in income of subsidiaries	(46,379)	58,281
Net (loss) income	(40,221)	30,525
Comprehensive loss	(72,584)	(86,474)
Current assets:
Cash and cash equivalents	581	54,874	54,874	21,242	581	10,550	54,874
Accounts receivable, net				0	0
Inventories				0	0
Other current assets				24,035	58,441
Total current assets				45,277	59,022
Property, plant and equipment, net				20,632	21,318
Other assets:
Other intangible assets, net				0	0
Goodwill				0	0
Deferred income taxes				92,648	49,660
Other non-current assets				2,591,311	2,740,518
Total other assets				2,683,959	2,790,178
Total assets				2,749,868	2,870,518
Current liabilities:
Short-term borrowings, including current portion of long-term obligations				23,438	18,750
Trade accounts payable				3,059	3,342
Employee compensation and benefits				8,251	5,843
Advance payments and progress billings				0	0
Accrued warranties				0	0
Other accrued liabilities				86,823	76,650
Current liabilities of discontinued operations				0	0
Total current liabilities				121,571	104,585
Long-term obligations				992,732	1,060,598
Other liabilities:
Liabilities for postretirement benefits				17,296	18,662
Accrued pension costs				178,513	159,594
Other non-current liabilities				95,338	81,595
Total other liabilities				291,147	259,851
Shareholders’ equity				1,344,418	1,445,484
Total liabilities and shareholders’ equity				2,749,868	2,870,518
Operating Activities:
Net cash provided (used) by operating activities	86,203	25,892
Investing Activities:
Property, plant and equipment acquired	(240)	(93)
Proceeds from sale of property, plant and equipment	0	0
Other investing activities, net	(7)	(1,168)
Net cash provided (used) by investing activities	(247)	(1,261)
Financing Activities:
Common stock issued		273
Dividends paid	(997)	(19,489)
Repayments of term loan	(4,687)
Payments on credit agreement	(58,600)
Repayments of short term debt	0
Payments of Financing Costs	(1,011)
Treasury stock purchased		(50,000)
Other financing activities, net		261
Net cash used by financing activities	(65,295)	(68,955)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0	0
Increase (Decrease) in Cash and Cash Equivalents	20,661	(44,324)
Cash and Cash Equivalents at Beginning of Period	581	54,874	54,874
Cash and Cash Equivalents at End of Period	21,242	10,550	581
Supplemental Subsidiary Guarantors
Condensed Consolidating Statement of Income
Net sales	265,429	441,075
Cost of sales	234,709	321,204
Product development, selling and administrative expenses	40,680	49,377
Costs incurred	20,016	219
Other (income) expense, net	(698)	4,637
Operating (loss) income	(29,278)	65,638
Intercompany items	(47,734)	(23,708)
Interest (expense) income, net	248	1,634
(Loss) income before income taxes	(76,764)	43,564
Provision (benefit) for income taxes	150	2,996
Equity in income of subsidiaries	17,493	1,841
Net (loss) income	(59,421)	42,409
Comprehensive loss	(60,701)	41,000
Current assets:
Cash and cash equivalents	2,008	16,429	16,429	2,567	2,008	3,427	16,429
Accounts receivable, net				177,562	214,381
Inventories				482,262	508,774
Other current assets				15,953	15,610
Total current assets				678,344	740,773
Property, plant and equipment, net				280,034	297,476
Other assets:
Other intangible assets, net				203,219	207,891
Goodwill				346,348	346,348
Deferred income taxes				0	0
Other non-current assets				2,049,573	2,078,294
Total other assets				2,599,140	2,632,533
Total assets				3,557,518	3,670,782
Current liabilities:
Short-term borrowings, including current portion of long-term obligations				0	0
Trade accounts payable				78,279	96,891
Employee compensation and benefits				28,486	36,527
Advance payments and progress billings				100,974	100,312
Accrued warranties				19,521	19,027
Other accrued liabilities				57,066	60,228
Current liabilities of discontinued operations				11,582	11,582
Total current liabilities				295,908	324,567
Long-term obligations				0	0
Other liabilities:
Liabilities for postretirement benefits				0	878
Accrued pension costs				0	8,406
Other non-current liabilities				8,068	8,325
Total other liabilities				8,068	17,609
Shareholders’ equity				3,253,542	3,328,606
Total liabilities and shareholders’ equity				3,557,518	3,670,782
Operating Activities:
Net cash provided (used) by operating activities	(4,564)	(7,426)
Investing Activities:
Property, plant and equipment acquired	(1,666)	(5,971)
Proceeds from sale of property, plant and equipment	6,789	133
Other investing activities, net	0	0
Net cash provided (used) by investing activities	5,123	(5,838)
Financing Activities:
Common stock issued		0
Dividends paid	0	0
Repayments of term loan	0
Payments on credit agreement	0
Repayments of short term debt	0
Payments of Financing Costs	0
Treasury stock purchased		0
Other financing activities, net		262
Net cash used by financing activities	0	262
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0	0
Increase (Decrease) in Cash and Cash Equivalents	559	(13,002)
Cash and Cash Equivalents at Beginning of Period	2,008	16,429	16,429
Cash and Cash Equivalents at End of Period	2,567	3,427	2,008
Supplemental Non-Guarantor Subsidiaries
Condensed Consolidating Statement of Income
Net sales	388,918	473,089
Cost of sales	307,630	362,940
Product development, selling and administrative expenses	62,353	69,225
Costs incurred	6,248	446
Other (income) expense, net	(3,243)	(7,850)
Operating (loss) income	15,930	48,328
Intercompany items	(6,071)	(6,040)
Interest (expense) income, net	356	1,007
(Loss) income before income taxes	10,215	43,295
Provision (benefit) for income taxes	(5,627)	(8,333)
Equity in income of subsidiaries	0	0
Net (loss) income	15,842	51,628
Comprehensive loss	(15,434)	(62,456)
Current assets:
Cash and cash equivalents	100,296	198,888	198,888	116,124	100,296	138,349	198,888
Accounts receivable, net				485,295	597,826
Inventories				568,718	607,461
Other current assets				70,891	71,508
Total current assets				1,241,028	1,377,091
Property, plant and equipment, net				456,798	478,253
Other assets:
Other intangible assets, net				46,459	47,819
Goodwill				8,279	8,273
Deferred income taxes				56,993	69,253
Other non-current assets				1,685,949	2,517,110
Total other assets				1,797,680	2,642,455
Total assets				3,495,506	4,497,799
Current liabilities:
Short-term borrowings, including current portion of long-term obligations				6,094	7,571
Trade accounts payable				135,070	175,556
Employee compensation and benefits				42,006	47,965
Advance payments and progress billings				148,857	149,795
Accrued warranties				30,997	33,119
Other accrued liabilities				78,334	100,660
Current liabilities of discontinued operations				0	0
Total current liabilities				441,358	514,666
Long-term obligations				8	45
Other liabilities:
Liabilities for postretirement benefits				0	0
Accrued pension costs				0	7,699
Other non-current liabilities				10,702	35,715
Total other liabilities				10,702	43,414
Shareholders’ equity				3,043,438	3,939,674
Total liabilities and shareholders’ equity				3,495,506	4,497,799
Operating Activities:
Net cash provided (used) by operating activities	26,950	(36,821)
Investing Activities:
Property, plant and equipment acquired	(6,197)	(16,194)
Proceeds from sale of property, plant and equipment	2,378	623
Other investing activities, net	129	1,309
Net cash provided (used) by investing activities	(3,690)	(14,262)
Financing Activities:
Common stock issued		0
Dividends paid	0	0
Repayments of term loan	0
Payments on credit agreement	0
Repayments of short term debt	(1,507)
Payments of Financing Costs	0
Treasury stock purchased		0
Other financing activities, net		(83)
Net cash used by financing activities	(1,507)	(83)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(5,925)	(9,373)
Increase (Decrease) in Cash and Cash Equivalents	15,828	(60,539)
Cash and Cash Equivalents at Beginning of Period	100,296	198,888	198,888
Cash and Cash Equivalents at End of Period	116,124	138,349	100,296
Eliminations
Condensed Consolidating Statement of Income
Net sales	(128,047)	(210,291)
Cost of sales	(104,083)	(163,398)
Product development, selling and administrative expenses	0	0
Costs incurred	0	0
Other (income) expense, net	0	0
Operating (loss) income	(23,964)	(46,893)
Intercompany items	38,657	12,978
Interest (expense) income, net	0	0
(Loss) income before income taxes	14,693	(33,915)
Provision (benefit) for income taxes	0	0
Equity in income of subsidiaries	28,886	(60,122)
Net (loss) income	43,579	(94,037)
Comprehensive loss	76,135	21,456
Current assets:
Cash and cash equivalents	0		0	0	0
Accounts receivable, net				(11,926)	(134)
Inventories				(88,317)	(108,310)
Other current assets				0	0
Total current assets				(100,243)	(108,444)
Property, plant and equipment, net				(5,016)	(5,015)
Other assets:
Other intangible assets, net				0	0
Goodwill				0	0
Deferred income taxes				0	0
Other non-current assets				(6,216,899)	(7,213,194)
Total other assets				(6,216,899)	(7,213,194)
Total assets				(6,322,158)	(7,326,653)
Current liabilities:
Short-term borrowings, including current portion of long-term obligations				0	0
Trade accounts payable				0	0
Employee compensation and benefits				0	0
Advance payments and progress billings				(14,323)	(20,637)
Accrued warranties				0	0
Other accrued liabilities				(10,855)	(12,261)
Current liabilities of discontinued operations				0	0
Total current liabilities				(25,178)	(32,898)
Long-term obligations				0	0
Other liabilities:
Liabilities for postretirement benefits				0	0
Accrued pension costs				0	0
Other non-current liabilities				0	0
Total other liabilities				0	0
Shareholders’ equity				(6,296,980)	(7,293,755)
Total liabilities and shareholders’ equity				(6,322,158)	(7,326,653)
Financing Activities:
Cash and Cash Equivalents at Beginning of Period	0
Cash and Cash Equivalents at End of Period	0		0
Consolidated
Condensed Consolidating Statement of Income
Net sales	526,300	703,873
Cost of sales	438,256	517,569
Product development, selling and administrative expenses	110,413	130,394
Costs incurred	26,659	665
Other (income) expense, net	(3,941)	(3,213)
Operating (loss) income	(45,087)	58,458
Intercompany items	0	0
Interest (expense) income, net	(12,116)	(12,957)
(Loss) income before income taxes	(57,203)	45,501
Provision (benefit) for income taxes	(16,982)	14,976
Equity in income of subsidiaries	0	0
Net (loss) income	(40,221)	30,525
Comprehensive loss	(72,584)	(86,474)
Current assets:
Cash and cash equivalents	102,885	270,191	270,191	139,933	102,885	$ 152,326	$ 270,191
Accounts receivable, net				650,931	812,073
Inventories				962,663	1,007,925
Other current assets				110,879	145,559
Total current assets				1,864,406	2,068,442
Property, plant and equipment, net				752,448	792,032
Other assets:
Other intangible assets, net				249,678	255,710
Goodwill				354,627	354,621
Deferred income taxes				149,641	118,913
Other non-current assets				109,934	122,728
Total other assets				863,880	851,972
Total assets				3,480,734	3,712,446
Current liabilities:
Short-term borrowings, including current portion of long-term obligations				29,532	26,321
Trade accounts payable				216,408	275,789
Employee compensation and benefits				78,743	90,335
Advance payments and progress billings				235,508	229,470
Accrued warranties				50,518	52,146
Other accrued liabilities				211,368	225,277
Current liabilities of discontinued operations				11,582	11,582
Total current liabilities				833,659	910,920
Long-term obligations				992,740	1,060,643
Other liabilities:
Liabilities for postretirement benefits				17,296	19,540
Accrued pension costs				178,513	175,699
Other non-current liabilities				114,108	125,635
Total other liabilities				309,917	320,874
Shareholders’ equity				1,344,418	1,420,009
Total liabilities and shareholders’ equity				$ 3,480,734	$ 3,712,446
Operating Activities:
Net cash provided (used) by operating activities	108,589	(18,355)
Investing Activities:
Property, plant and equipment acquired	(8,103)	(22,258)
Proceeds from sale of property, plant and equipment	9,167	756
Other investing activities, net	122	141
Net cash provided (used) by investing activities	1,186	(21,361)
Financing Activities:
Common stock issued		273
Dividends paid	(997)	(19,489)
Repayments of term loan	(4,687)
Payments on credit agreement	(58,600)
Repayments of short term debt	(1,507)
Payments of Financing Costs	(1,011)
Treasury stock purchased		(50,000)
Other financing activities, net		440
Net cash used by financing activities	(66,802)	(68,776)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(5,925)	(9,373)
Increase (Decrease) in Cash and Cash Equivalents	37,048	(117,865)
Cash and Cash Equivalents at Beginning of Period	102,885	270,191	270,191
Cash and Cash Equivalents at End of Period	$ 139,933	$ 152,326	$ 102,885

Subsidiary Guarantors for Cre66

Subsidiary Guarantors for Credit Agreement, Term Loan and 2021 Notes (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Jan. 29, 2016	Jan. 30, 2015	Oct. 30, 2015	Jan. 29, 2016	Oct. 30, 2015	Jan. 30, 2015	Oct. 31, 2014
Condensed Consolidating Statement of Income
Net sales	$ 526,300	$ 703,873
Cost of sales	438,256	517,569
Product development, selling and administrative expenses	110,413	130,394
Costs incurred	26,659	665
Other (income) expense, net	(3,941)	(3,213)
Operating (loss) income	(45,087)	58,458
(Loss) income before income taxes	(57,203)	45,501
Provision (benefit) for income taxes	(16,982)	14,976
Net (loss) income	(40,221)	30,525
Comprehensive loss	(72,584)	(86,474)
Current assets:
Cash and cash equivalents	102,885	270,191	$ 270,191	$ 139,933	$ 102,885	$ 152,326	$ 270,191
Accounts receivable, net				650,931	812,073
Inventories				962,663	1,007,925
Other current assets				110,879	145,559
Total current assets				1,864,406	2,068,442
Property, plant and equipment, net				752,448	792,032
Other assets:
Other intangible assets, net				249,678	255,710
Goodwill				354,627	354,621
Deferred income taxes				149,641	118,913
Other non-current assets				109,934	122,728
Total other assets				863,880	851,972
Total assets				3,480,734	3,712,446
Current liabilities:
Short-term borrowings, including current portion of long-term obligations				29,532	26,321
Trade accounts payable				216,408	275,789
Employee compensation and benefits				78,743	90,335
Advance payments and progress billings				235,508	229,470
Accrued warranties				50,518	52,146	58,528	67,272
Other accrued liabilities				211,368	225,277
Current liabilities of discontinued operations				11,582	11,582
Total current liabilities				833,659	910,920
Long-term obligations				992,740	1,060,643
Other liabilities:
Liabilities for postretirement benefits				17,296	19,540
Accrued pension costs				178,513	175,699
Other non-current liabilities				114,108	125,635
Total other liabilities				309,917	320,874
Shareholders’ equity				1,344,418	1,420,009
Total liabilities and shareholders’ equity				3,480,734	3,712,446
Operating Activities:
Net cash provided (used) by operating activities	108,589	(18,355)
Investing Activities:
Property, plant and equipment acquired	(8,103)	(22,258)
Proceeds from sale of property, plant and equipment	9,167	756
Other investing activities, net	122	141
Net cash provided (used) by investing activities	1,186	(21,361)
Financing Activities:
Common stock issued	0	273
Dividends paid	(997)	(19,489)
Treasury stock purchased	0	(50,000)
Repayments of term loan	(4,687)	0
Payments on credit agreement	(58,600)	0
Repayments of short term debt	(1,507)	0
Payments of Financing Costs	(1,011)	0
Other financing activities, net	0	440
Net cash used by financing activities	(66,802)	(68,776)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(5,925)	(9,373)
Increase (Decrease) in Cash and Cash Equivalents	37,048	(117,865)
Cash and Cash Equivalents at Beginning of Period	102,885	270,191	270,191
Cash and Cash Equivalents at End of Period	139,933	152,326	102,885
Parent Company
Condensed Consolidating Statement of Income
Net sales	0	0
Cost of sales	0	(3,177)
Product development, selling and administrative expenses	7,380	11,792
Costs incurred	395	0
Other (income) expense, net	0	0
Operating (loss) income	(7,775)	(8,615)
Intercompany items	15,148	16,770
Interest (expense) income, net	(12,720)	(15,598)
(Loss) income before income taxes	(5,347)	(7,443)
Provision (benefit) for income taxes	(11,505)	20,313
Equity in income of subsidiaries	(46,379)	58,281
Net (loss) income	(40,221)	30,525
Comprehensive loss	(72,584)	(86,474)
Current assets:
Cash and cash equivalents	581	54,874	54,874	21,242	581	10,550	54,874
Accounts receivable, net				0	0
Inventories				0	0
Other current assets				24,035	58,441
Total current assets				45,277	59,022
Property, plant and equipment, net				20,632	21,318
Other assets:
Other intangible assets, net				0	0
Goodwill				0	0
Deferred income taxes				92,648	49,660
Other non-current assets				2,591,311	2,740,518
Total other assets				2,683,959	2,790,178
Total assets				2,749,868	2,870,518
Current liabilities:
Short-term borrowings, including current portion of long-term obligations				23,438	18,750
Trade accounts payable				3,059	3,342
Employee compensation and benefits				8,251	5,843
Advance payments and progress billings				0	0
Accrued warranties				0	0
Other accrued liabilities				86,823	76,650
Current liabilities of discontinued operations				0	0
Total current liabilities				121,571	104,585
Long-term obligations				992,732	1,060,598
Other liabilities:
Liabilities for postretirement benefits				17,296	18,662
Accrued pension costs				178,513	159,594
Other non-current liabilities				95,338	81,595
Total other liabilities				291,147	259,851
Shareholders’ equity				1,344,418	1,445,484
Total liabilities and shareholders’ equity				2,749,868	2,870,518
Operating Activities:
Net cash provided (used) by operating activities	86,203	25,892
Investing Activities:
Property, plant and equipment acquired	(240)	(93)
Proceeds from sale of property, plant and equipment	0	0
Other investing activities, net	(7)	(1,168)
Net cash provided (used) by investing activities	(247)	(1,261)
Financing Activities:
Common stock issued		273
Dividends paid	(997)	(19,489)
Treasury stock purchased		(50,000)
Repayments of term loan	(4,687)
Payments on credit agreement	(58,600)
Repayments of short term debt	0
Payments of Financing Costs	(1,011)
Other financing activities, net		261
Net cash used by financing activities	(65,295)	(68,955)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0	0
Increase (Decrease) in Cash and Cash Equivalents	20,661	(44,324)
Cash and Cash Equivalents at Beginning of Period	581	54,874	54,874
Cash and Cash Equivalents at End of Period	21,242	10,550	581
Subsidiary Guarantors
Condensed Consolidating Statement of Income
Net sales	263,598	439,592
Cost of sales	233,004	319,552
Product development, selling and administrative expenses	40,679	49,377
Costs incurred	20,016	219
Other (income) expense, net	(694)	4,640
Operating (loss) income	(29,407)	65,804
Intercompany items	(47,734)	(23,708)
Interest (expense) income, net	235	1,689
(Loss) income before income taxes	(76,906)	43,785
Provision (benefit) for income taxes	412	3,010
Equity in income of subsidiaries	17,897	1,634
Net (loss) income	(59,421)	42,409
Comprehensive loss	(60,701)	41,000
Current assets:
Cash and cash equivalents	2,008	16,429	16,429	2,187	2,008	3,427	16,429
Accounts receivable, net				176,541	214,381
Inventories				476,511	508,774
Other current assets				15,279	15,610
Total current assets				670,518	740,773
Property, plant and equipment, net				278,543	297,476
Other assets:
Other intangible assets, net				203,219	207,891
Goodwill				346,348	346,348
Deferred income taxes				0	0
Other non-current assets				2,021,610	2,078,294
Total other assets				2,571,177	2,632,533
Total assets				3,520,238	3,670,782
Current liabilities:
Short-term borrowings, including current portion of long-term obligations				0	0
Trade accounts payable				78,021	96,891
Employee compensation and benefits				28,410	36,527
Advance payments and progress billings				100,930	100,312
Accrued warranties				19,521	19,027
Other accrued liabilities				57,052	60,228
Current liabilities of discontinued operations				11,582	11,582
Total current liabilities				295,516	324,567
Long-term obligations				0	0
Other liabilities:
Liabilities for postretirement benefits				0	878
Accrued pension costs				0	8,406
Other non-current liabilities				8,068	8,325
Total other liabilities				8,068	17,609
Shareholders’ equity				3,216,654	3,328,606
Total liabilities and shareholders’ equity				3,520,238	3,670,782
Operating Activities:
Net cash provided (used) by operating activities	(4,944)	(7,426)
Investing Activities:
Property, plant and equipment acquired	(1,666)	(5,971)
Proceeds from sale of property, plant and equipment	6,789	133
Other investing activities, net	0	0
Net cash provided (used) by investing activities	5,123	(5,838)
Financing Activities:
Common stock issued		0
Dividends paid	0	0
Treasury stock purchased		0
Repayments of term loan	0
Payments on credit agreement	0
Repayments of short term debt	0
Payments of Financing Costs	0
Other financing activities, net		262
Net cash used by financing activities	0	262
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0	0
Increase (Decrease) in Cash and Cash Equivalents	179	(13,002)
Cash and Cash Equivalents at Beginning of Period	2,008	16,429	16,429
Cash and Cash Equivalents at End of Period	2,187	3,427	2,008
Non-Guarantor Subsidiaries
Condensed Consolidating Statement of Income
Net sales	390,749	474,572
Cost of sales	309,335	364,592
Product development, selling and administrative expenses	62,354	69,225
Costs incurred	6,248	446
Other (income) expense, net	(3,247)	(7,853)
Operating (loss) income	16,059	48,162
Intercompany items	(6,071)	(6,040)
Interest (expense) income, net	369	952
(Loss) income before income taxes	10,357	43,074
Provision (benefit) for income taxes	(5,889)	(8,347)
Equity in income of subsidiaries	0	0
Net (loss) income	16,246	51,421
Comprehensive loss	(15,030)	(62,663)
Current assets:
Cash and cash equivalents	100,296	198,888	198,888	116,504	100,296	138,349	198,888
Accounts receivable, net				486,316	597,826
Inventories				574,469	607,461
Other current assets				71,565	71,508
Total current assets				1,248,854	1,377,091
Property, plant and equipment, net				458,289	478,253
Other assets:
Other intangible assets, net				46,459	47,819
Goodwill				8,279	8,273
Deferred income taxes				56,993	69,253
Other non-current assets				1,713,911	2,517,110
Total other assets				1,825,642	2,642,455
Total assets				3,532,785	4,497,799
Current liabilities:
Short-term borrowings, including current portion of long-term obligations				6,094	7,571
Trade accounts payable				135,328	175,556
Employee compensation and benefits				42,082	47,965
Advance payments and progress billings				148,901	149,795
Accrued warranties				30,997	33,119
Other accrued liabilities				78,348	100,660
Current liabilities of discontinued operations				0	0
Total current liabilities				441,750	514,666
Long-term obligations				8	45
Other liabilities:
Liabilities for postretirement benefits				0	0
Accrued pension costs				0	7,699
Other non-current liabilities				10,702	35,715
Total other liabilities				10,702	43,414
Shareholders’ equity				3,080,325	3,939,674
Total liabilities and shareholders’ equity				3,532,785	4,497,799
Operating Activities:
Net cash provided (used) by operating activities	27,330	(36,821)
Investing Activities:
Property, plant and equipment acquired	(6,197)	(16,194)
Proceeds from sale of property, plant and equipment	2,378	623
Other investing activities, net	129	1,309
Net cash provided (used) by investing activities	(3,690)	(14,262)
Financing Activities:
Common stock issued		0
Dividends paid	0	0
Treasury stock purchased		0
Repayments of term loan	0
Payments on credit agreement	0
Repayments of short term debt	(1,507)
Payments of Financing Costs	0
Other financing activities, net		(83)
Net cash used by financing activities	(1,507)	(83)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(5,925)	(9,373)
Increase (Decrease) in Cash and Cash Equivalents	16,208	(60,539)
Cash and Cash Equivalents at Beginning of Period	100,296	198,888	198,888
Cash and Cash Equivalents at End of Period	116,504	138,349	100,296
Eliminations
Condensed Consolidating Statement of Income
Net sales	(128,047)	(210,291)
Cost of sales	(104,083)	(163,398)
Product development, selling and administrative expenses	0	0
Costs incurred	0	0
Other (income) expense, net	0	0
Operating (loss) income	(23,964)	(46,893)
Intercompany items	38,657	12,978
Interest (expense) income, net	0	0
(Loss) income before income taxes	14,693	(33,915)
Provision (benefit) for income taxes	0	0
Equity in income of subsidiaries	28,482	(59,915)
Net (loss) income	43,175	(93,830)
Comprehensive loss	75,731	21,663
Current assets:
Cash and cash equivalents	0		0	0	0
Accounts receivable, net				(11,926)	(134)
Inventories				(88,317)	(108,310)
Other current assets				0	0
Total current assets				(100,243)	(108,444)
Property, plant and equipment, net				(5,016)	(5,015)
Other assets:
Other intangible assets, net				0	0
Goodwill				0	0
Deferred income taxes				0	0
Other non-current assets				(6,216,898)	(7,213,194)
Total other assets				(6,216,898)	(7,213,194)
Total assets				(6,322,157)	(7,326,653)
Current liabilities:
Short-term borrowings, including current portion of long-term obligations				0	0
Trade accounts payable				0	0
Employee compensation and benefits				0	0
Advance payments and progress billings				(14,323)	(20,637)
Accrued warranties				0	0
Other accrued liabilities				(10,855)	(12,261)
Current liabilities of discontinued operations				0	0
Total current liabilities				(25,178)	(32,898)
Long-term obligations				0	0
Other liabilities:
Liabilities for postretirement benefits				0	0
Accrued pension costs				0	0
Other non-current liabilities				0	0
Total other liabilities				0	0
Shareholders’ equity				(6,296,979)	(7,293,755)
Total liabilities and shareholders’ equity				(6,322,157)	(7,326,653)
Financing Activities:
Cash and Cash Equivalents at Beginning of Period	0
Cash and Cash Equivalents at End of Period	0		0
Consolidated
Condensed Consolidating Statement of Income
Net sales	526,300	703,873
Cost of sales	438,256	517,569
Product development, selling and administrative expenses	110,413	130,394
Costs incurred	26,659	665
Other (income) expense, net	(3,941)	(3,213)
Operating (loss) income	(45,087)	58,458
Intercompany items	0	0
Interest (expense) income, net	(12,116)	(12,957)
(Loss) income before income taxes	(57,203)	45,501
Provision (benefit) for income taxes	(16,982)	14,976
Equity in income of subsidiaries	0	0
Net (loss) income	(40,221)	30,525
Comprehensive loss	(72,584)	(86,474)
Current assets:
Cash and cash equivalents	102,885	270,191	270,191	139,933	102,885	$ 152,326	$ 270,191
Accounts receivable, net				650,931	812,073
Inventories				962,663	1,007,925
Other current assets				110,879	145,559
Total current assets				1,864,406	2,068,442
Property, plant and equipment, net				752,448	792,032
Other assets:
Other intangible assets, net				249,678	255,710
Goodwill				354,627	354,621
Deferred income taxes				149,641	118,913
Other non-current assets				109,934	122,728
Total other assets				863,880	851,972
Total assets				3,480,734	3,712,446
Current liabilities:
Short-term borrowings, including current portion of long-term obligations				29,532	26,321
Trade accounts payable				216,408	275,789
Employee compensation and benefits				78,743	90,335
Advance payments and progress billings				235,508	229,470
Accrued warranties				50,518	52,146
Other accrued liabilities				211,368	225,277
Current liabilities of discontinued operations				11,582	11,582
Total current liabilities				833,659	910,920
Long-term obligations				992,740	1,060,643
Other liabilities:
Liabilities for postretirement benefits				17,296	19,540
Accrued pension costs				178,513	175,699
Other non-current liabilities				114,108	125,635
Total other liabilities				309,917	320,874
Shareholders’ equity				1,344,418	1,420,009
Total liabilities and shareholders’ equity				$ 3,480,734	$ 3,712,446
Operating Activities:
Net cash provided (used) by operating activities	108,589	(18,355)
Investing Activities:
Property, plant and equipment acquired	(8,103)	(22,258)
Proceeds from sale of property, plant and equipment	9,167	756
Other investing activities, net	122	141
Net cash provided (used) by investing activities	1,186	(21,361)
Financing Activities:
Common stock issued		273
Dividends paid	(997)	(19,489)
Treasury stock purchased		(50,000)
Repayments of term loan	(4,687)
Payments on credit agreement	(58,600)
Repayments of short term debt	(1,507)
Payments of Financing Costs	(1,011)
Other financing activities, net		440
Net cash used by financing activities	(66,802)	(68,776)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(5,925)	(9,373)
Increase (Decrease) in Cash and Cash Equivalents	37,048	(117,865)
Cash and Cash Equivalents at Beginning of Period	102,885	270,191	270,191
Cash and Cash Equivalents at End of Period	$ 139,933	$ 152,326	$ 102,885

Subsequent Events (Details)

Subsequent Events (Details)	Mar. 03, 2016$ / shares
Subsequent event
Subsequent Event [Line Items]
Cash dividend declared (in dollars per share)	$ 0.01