2023 Q4 Form 10-K Financial Statement

#000077149723000025 Filed on December 18, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023
Revenue $2.093B $8.096B
YoY Change 4.07% 3.71%
Cost Of Revenue $1.807B $7.038B
YoY Change 3.07% 4.15%
Gross Profit $286.0M $1.059B
YoY Change 10.85% 0.92%
Gross Profit Margin 13.67% 13.08%
Selling, General & Admin $161.3M $572.8M
YoY Change 1.0% -8.83%
% of Gross Profit 56.4% 54.1%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $29.40M $120.7M
YoY Change 53.13% 67.41%
% of Gross Profit 10.28% 11.4%
Operating Expenses $179.6M $572.8M
YoY Change 0.39% -18.21%
Operating Profit $106.4M $409.5M
YoY Change 34.51% 17.4%
Interest Expense -$19.60M $82.30M
YoY Change 27.27% -312.66%
% of Operating Profit -18.42% 20.1%
Other Income/Expense, Net $100.0K
YoY Change -200.0%
Pretax Income $86.90M $331.1M
YoY Change 36.42% 6.81%
Income Tax $24.00M $79.70M
% Of Pretax Income 27.62% 24.07%
Net Earnings $62.80M $251.3M
YoY Change 28.69% 9.07%
Net Earnings / Revenue 3.0% 3.1%
Basic Earnings Per Share $3.81
Diluted Earnings Per Share $0.96 $3.79
COMMON SHARES
Basic Shares Outstanding 62.86M shares 66.00M shares
Diluted Shares Outstanding 66.30M shares

Balance Sheet

Concept 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $69.50M $69.50M
YoY Change -4.79% -4.79%
Cash & Equivalents $69.50M $69.50M
Short-Term Investments
Other Short-Term Assets $58.60M $137.0M
YoY Change -56.17% 2.47%
Inventory
Prepaid Expenses $78.50M
Receivables $1.504B $1.504B
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.711B $1.711B
YoY Change 9.58% 9.58%
LONG-TERM ASSETS
Property, Plant & Equipment $131.5M $244.9M
YoY Change -45.34% 1.79%
Goodwill $2.491B
YoY Change 0.23%
Intangibles
YoY Change
Long-Term Investments $28.80M $28.80M
YoY Change 98.62% 98.62%
Other Assets $155.0M $155.1M
YoY Change -17.77% -17.72%
Total Long-Term Assets $3.223B $3.223B
YoY Change -2.56% -2.56%
TOTAL ASSETS
Total Short-Term Assets $1.711B $1.711B
Total Long-Term Assets $3.223B $3.223B
Total Assets $4.934B $4.934B
YoY Change 1.33% 1.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $299.1M $299.1M
YoY Change -5.2% -5.2%
Accrued Expenses $461.1M $458.0M
YoY Change -32.0% -32.46%
Deferred Revenue $90.10M
YoY Change 13.19%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $31.50M $34.60M
YoY Change -82.64% -80.94%
Total Short-Term Liabilities $1.218B $1.218B
YoY Change -10.0% -10.0%
LONG-TERM LIABILITIES
Long-Term Debt $1.280B $1.291B
YoY Change 17.81% 18.83%
Other Long-Term Liabilities $61.10M $540.0M
YoY Change -90.18% -13.25%
Total Long-Term Liabilities $1.341B $1.831B
YoY Change -21.53% 7.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.218B $1.218B
Total Long-Term Liabilities $1.341B $1.831B
Total Liabilities $3.134B $3.134B
YoY Change -0.57% -0.57%
SHAREHOLDERS EQUITY
Retained Earnings $1.250B
YoY Change 18.2%
Common Stock $559.5M
YoY Change -17.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.800B $1.800B
YoY Change
Total Liabilities & Shareholders Equity $4.934B $4.934B
YoY Change 1.33% 1.33%

Cashflow Statement

Concept 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $62.80M $251.3M
YoY Change 28.69% 9.07%
Depreciation, Depletion And Amortization $29.40M $120.7M
YoY Change 53.13% 67.41%
Cash From Operating Activities $139.1M $243.3M
YoY Change 18.79% 1092.65%
INVESTING ACTIVITIES
Capital Expenditures $18.00M $52.60M
YoY Change -247.54% 3.54%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $900.0K $2.900M
YoY Change -100.66% -101.54%
Cash From Investing Activities -$17.10M -$62.10M
YoY Change -88.46% -74.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $138.1M
YoY Change
Debt Paid & Issued, Net $1.136B
YoY Change 3.56%
Cash From Financing Activities -147.9M -$186.3M
YoY Change -458.11% -179.11%
NET CHANGE
Cash From Operating Activities 139.1M $243.3M
Cash From Investing Activities -17.10M -$62.10M
Cash From Financing Activities -147.9M -$186.3M
Net Change In Cash -25.90M -$3.500M
YoY Change -353.92% -134.31%
FREE CASH FLOW
Cash From Operating Activities $139.1M $243.3M
Capital Expenditures $18.00M $52.60M
Free Cash Flow $121.1M $190.7M
YoY Change -6.34% -727.3%

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CY2023 us-gaap Nature Of Operations
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THE COMPANY AND NATURE OF OPERATIONS<div style="margin-top:9pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">ABM is a leading provider of integrated facility services with a mission to </span><span style="color:#326abd;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">make a difference, every person, every day</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. We are organized into four industry groups and one Technical Solutions segment: </span></div><div style="margin-top:9pt;text-align:center"><img alt="FN1.jpg" src="abm-20231031_g9.jpg" style="height:110px;margin-bottom:5pt;vertical-align:text-bottom;width:582px"/></div><div style="margin-top:9pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Through these groups, we offer janitorial, facilities engineering, parking, and specialized mechanical and electrical technical solutions, on a standalone basis or in combination with other services.</span></div>
CY2023 abm Number Of Industry Groups
NumberOfIndustryGroups
4 industry_group
CY2023 abm Number Of Technical Solution Segments
NumberOfTechnicalSolutionSegments
1 segment
CY2023 us-gaap Use Of Estimates
UseOfEstimates
The preparation of consolidated financial statements in accordance with U.S. GAAP requires our management to make certain estimates that affect reported amounts. We base our estimates on historical experience, known or expected trends, independent valuations, and various other assumptions that we believe to be reasonable under the circumstances. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates.
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1700000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
28800000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
14500000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
500000 usd
CY2023 abm Refundable Tax Credit Employee Retention Credit Erccares Act
RefundableTaxCreditEmployeeRetentionCreditERCCARESAct
24000000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
8800000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
6000000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
6200000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2400000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8096400000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7806600000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
332800000 usd
CY2022Q4 abm Contract With Customer Asset Unbilled Trade Receivables Current
ContractWithCustomerAssetUnbilledTradeReceivablesCurrent
162500000 usd
CY2022Q4 abm Contract With Customer Liability Other Current
ContractWithCustomerLiabilityOtherCurrent
79600000 usd
CY2023 abm Contract With Customer Liability Other Increase Decrease For Additional Contract Liabilities
ContractWithCustomerLiabilityOtherIncreaseDecreaseForAdditionalContractLiabilities
335900000 usd
CY2023 abm Contract With Customer Liability Other Including New Contract Revenue Recognized
ContractWithCustomerLiabilityOtherIncludingNewContractRevenueRecognized
274300000 usd
CY2023Q4 abm Contract With Customer Liability Other Current
ContractWithCustomerLiabilityOtherCurrent
141200000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
113400000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
115200000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
15200000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
10000000.0 usd
CY2023Q4 abm Lease Right Of Use Assets
LeaseRightOfUseAssets
128600000 usd
CY2022Q4 abm Lease Right Of Use Assets
LeaseRightOfUseAssets
125200000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
32500000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
30300000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
3100000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2800000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
98800000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
104500000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
11100000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
6400000 usd
CY2023Q4 abm Lease Liability
LeaseLiability
145500000 usd
CY2022Q4 abm Lease Liability
LeaseLiability
144100000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
18900000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
16900000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
400000 usd
CY2023 us-gaap Lease Cost
LeaseCost
99000000.0 usd
CY2022 us-gaap Lease Cost
LeaseCost
88100000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
53500000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
43300000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
6400000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
6000000.0 usd
CY2023 abm Short Term Lease And Variable Lease Cost
ShortTermLeaseAndVariableLeaseCost
59900000 usd
CY2022 abm Short Term Lease And Variable Lease Cost
ShortTermLeaseAndVariableLeaseCost
49300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
38500000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
3800000 usd
CY2023Q4 abm Lessee Leases Liability Payments Due Year One
LesseeLeasesLiabilityPaymentsDueYearOne
42200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
27900000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
3800000 usd
CY2023Q4 abm Lessee Leases Liability Payments Due Year Two
LesseeLeasesLiabilityPaymentsDueYearTwo
31700000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
25800000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
3000000.0 usd
CY2023Q4 abm Lessee Leases Liability Payments Due Year Three
LesseeLeasesLiabilityPaymentsDueYearThree
28800000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
19400000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1400000 usd
CY2023Q4 abm Lessee Leases Liability Payments Due Year Four
LesseeLeasesLiabilityPaymentsDueYearFour
20800000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
13200000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1400000 usd
CY2023Q4 abm Lessee Leases Liability Payments Due Year Five
LesseeLeasesLiabilityPaymentsDueYearFive
14600000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
27400000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
2600000 usd
CY2023Q4 abm Lessee Leases Liability Payments Due After Year Five
LesseeLeasesLiabilityPaymentsDueAfterYearFive
29900000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
152100000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
15900000 usd
CY2023Q4 abm Lessee Leases Liability Payments Due
LesseeLeasesLiabilityPaymentsDue
168000000.0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
20800000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1700000 usd
CY2023Q4 abm Lessee Leases Liability Undiscounted Excess Amount
LesseeLeasesLiabilityUndiscountedExcessAmount
22500000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
131300000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
14200000 usd
CY2023Q4 abm Lessee Leases Liability
LesseeLeasesLiability
145500000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y2M12D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0460
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0409
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0528
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0382
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
37900000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
35300000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
500000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
400000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3000000.0 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1900000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
28700000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
23100000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
251300000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
230400000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
126300000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
66000000.0 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67100000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67400000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
66300000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67500000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68000000.0 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.81
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.44
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.87
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.79
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.41
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.86
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
300000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
15400000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
458000000.0 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
422200000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
326500000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
296900000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
131500000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
125400000 usd
CY2023 us-gaap Depreciation
Depreciation
44200000 usd
CY2022 us-gaap Depreciation
Depreciation
40300000 usd
CY2021 us-gaap Depreciation
Depreciation
45000000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
269200000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-12600000 usd
CY2022 us-gaap Goodwill Transfers
GoodwillTransfers
0 usd
CY2022Q4 us-gaap Goodwill
Goodwill
2485600000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1100000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
4700000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
2491300000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023Q4 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
9800000 usd
CY2023Q4 abm Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Tax
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsTax
3800000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
2300000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
3100000 usd
CY2023Q4 abm Deferred Tax Assets Unrecognized Tax Benefits
DeferredTaxAssetsUnrecognizedTaxBenefits
3600000 usd
CY2022Q4 abm Deferred Tax Assets Unrecognized Tax Benefits
DeferredTaxAssetsUnrecognizedTaxBenefits
3300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
741200000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
438300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
302900000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
838400000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
459800000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
378500000 usd
CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P11Y
CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P11Y
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
54400000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
47400000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
41300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
35900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
30900000 usd
CY2023Q4 abm Insurance Policy Coverage General Liability And Automobile Liability Losses
InsurancePolicyCoverageGeneralLiabilityAndAutomobileLiabilityLosses
200000000 usd
CY2023Q4 abm Property Damage Policy Limit
PropertyDamagePolicyLimit
75000000 usd
CY2023 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-14800000 usd
CY2022 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-36800000 usd
CY2023Q4 us-gaap Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
67100000 usd
CY2022Q4 us-gaap Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
71000000.0 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-1400000 usd
CY2022 abm Effective Income Tax Reconciliation Return To Provision Adjustment
EffectiveIncomeTaxReconciliationReturnToProvisionAdjustment
1300000 usd
CY2020Q4 abm Social Security Tax Employer Deferral Cares Act
SocialSecurityTaxEmployerDeferralCARESAct
132000000 usd
CY2021Q4 abm Social Security Tax Employer Payment Cares Act
SocialSecurityTaxEmployerPaymentCARESAct
66000000 usd
CY2022Q4 abm Social Security Tax Employer Payment Cares Act
SocialSecurityTaxEmployerPaymentCARESAct
66000000 usd
CY2023 us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<div style="margin-top:9pt;text-align:justify"><span style="color:#0046ad;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Casualty Program Insurance Reserves Rollforward</span></div><div style="margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:54.747%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.788%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.935%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.940%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Years Ended October 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%;text-decoration:underline">(in millions)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="background-color:#dce2ef;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net balance at beginning of year</span></td><td colspan="3" style="background-color:#dce2ef;padding:0 1pt"></td><td style="background-color:#dce2ef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#dce2ef;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">479.9 </span></td><td style="background-color:#dce2ef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#dce2ef;padding:0 1pt"></td><td style="background-color:#dce2ef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#dce2ef;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">508.3 </span></td><td style="background-color:#dce2ef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#dce2ef;padding:0 1pt"></td><td style="background-color:#dce2ef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#dce2ef;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">434.8 </span></td><td style="background-color:#dce2ef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in case reserves plus IBNR Claims </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> current year</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">154.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">145.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#dce2ef;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in case reserves plus IBNR Claims </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">—</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> prior years</span></div></td><td colspan="3" style="background-color:#dce2ef;padding:0 1pt"></td><td colspan="2" style="background-color:#dce2ef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14.8)</span></td><td style="background-color:#dce2ef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#dce2ef;padding:0 1pt"></td><td colspan="2" style="background-color:#dce2ef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(36.8)</span></td><td style="background-color:#dce2ef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#dce2ef;padding:0 1pt"></td><td colspan="2" style="background-color:#dce2ef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(36.0)</span></td><td style="background-color:#dce2ef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Claims paid</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(131.4)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(129.1)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(99.8)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#dce2ef;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Acquisition</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#dce2ef;padding:0 1pt"></td><td colspan="2" style="background-color:#dce2ef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#dce2ef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#dce2ef;padding:0 1pt"></td><td colspan="2" style="background-color:#dce2ef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8.2)</span></td><td style="background-color:#dce2ef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#dce2ef;padding:0 1pt"></td><td colspan="2" style="background-color:#dce2ef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91.6 </span></td><td style="background-color:#dce2ef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net balance, October 31</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">487.9 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">479.9 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">508.3 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#dce2ef;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Recoverables</span></td><td colspan="3" style="background-color:#dce2ef;padding:0 1pt"></td><td colspan="2" style="background-color:#dce2ef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">67.1 </span></td><td style="background-color:#dce2ef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#dce2ef;padding:0 1pt"></td><td colspan="2" style="background-color:#dce2ef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71.0 </span></td><td style="background-color:#dce2ef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#dce2ef;padding:0 1pt"></td><td colspan="2" style="background-color:#dce2ef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66.5 </span></td><td style="background-color:#dce2ef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross balance, October 31</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">555.0 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">551.0 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">574.8 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt;padding-left:9pt;text-align:justify;text-indent:-9pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> During 2021, insurance reserves increased as a result of the Able Acquisition. </span></div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</span> Includes reserves related to discontinued operations of approximately $0.1 million for 2023, $0.2 million for 2022, and $0.3 million for 2021.
CY2022Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
479900000 usd
CY2021Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
508300000 usd
CY2020Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
434800000 usd
CY2023 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
154200000 usd
CY2022 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
145700000 usd
CY2021 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
117900000 usd
CY2023 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-14800000 usd
CY2022 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-36800000 usd
CY2021 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-36000000.0 usd
CY2023 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
131400000 usd
CY2022 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
129100000 usd
CY2021 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
99800000 usd
CY2023 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Business Acquisitions
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseBusinessAcquisitions
0 usd
CY2022 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Business Acquisitions
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseBusinessAcquisitions
-8200000 usd
CY2021 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Business Acquisitions
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseBusinessAcquisitions
91600000 usd
CY2023Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
487900000 usd
CY2022Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
479900000 usd
CY2021Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
508300000 usd
CY2023Q4 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
67100000 usd
CY2022Q4 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
71000000.0 usd
CY2021Q4 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
66500000 usd
CY2023Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
555000000.0 usd
CY2022Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
551000000.0 usd
CY2021Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
574800000 usd
CY2023 abm Disposal Group Including Discontinued Operation Liability For Unpaid Claims And Claims Adjustment Expense
DisposalGroupIncludingDiscontinuedOperationLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
100000 usd
CY2022 abm Disposal Group Including Discontinued Operation Liability For Unpaid Claims And Claims Adjustment Expense
DisposalGroupIncludingDiscontinuedOperationLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
200000 usd
CY2021 abm Disposal Group Including Discontinued Operation Liability For Unpaid Claims And Claims Adjustment Expense
DisposalGroupIncludingDiscontinuedOperationLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
300000 usd
CY2023Q4 abm Instruments Used To Collateralize Insurance Obligations
InstrumentsUsedToCollateralizeInsuranceObligations
234700000 usd
CY2022Q4 abm Instruments Used To Collateralize Insurance Obligations
InstrumentsUsedToCollateralizeInsuranceObligations
227800000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
95200000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
96100000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
31400000 usd
CY2023Q4 abm Loans Payable Current Gross
LoansPayableCurrentGross
32500000 usd
CY2022Q4 abm Loans Payable Current Gross
LoansPayableCurrentGross
32500000 usd
CY2023Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
1000000.0 usd
CY2022Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
1000000.0 usd
CY2023Q4 us-gaap Loans Payable Current
LoansPayableCurrent
31500000 usd
CY2022Q4 us-gaap Loans Payable Current
LoansPayableCurrent
31500000 usd
CY2023Q4 abm Receivables Facility Current
ReceivablesFacilityCurrent
0 usd
CY2022Q4 abm Receivables Facility Current
ReceivablesFacilityCurrent
150000000.0 usd
CY2023Q4 us-gaap Debt Current
DebtCurrent
31500000 usd
CY2022Q4 us-gaap Debt Current
DebtCurrent
181500000 usd
CY2023Q4 abm Loans Payable Noncurrent Gross
LoansPayableNoncurrentGross
536300000 usd
CY2022Q4 abm Loans Payable Noncurrent Gross
LoansPayableNoncurrentGross
568800000 usd
CY2023Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
1500000 usd
CY2022Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
2400000 usd
CY2023Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
534800000 usd
CY2022Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
566300000 usd
CY2023Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
745000000.0 usd
CY2022Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
520000000.0 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1279800000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1086300000 usd
CY2023Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
58200000 usd
CY2023Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
483000000 usd
CY2021Q2 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
12600000 usd
CY2022Q1 abm Receivables Facility Current
ReceivablesFacilityCurrent
150000000 usd
CY2023 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
32500000 usd
CY2022Q3 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
300000000 usd
CY2023Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-6100000 usd
CY2022Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-6000000.0 usd
CY2023Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
11900000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
12200000 usd
CY2023Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
5800000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
6200000 usd
CY2023 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
200000 usd
CY2022 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
400000 usd
CY2021 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
300000 usd
CY2023 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
600000 usd
CY2022 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
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CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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DepreciationDepletionAndAmortization
89900000 usd
CY2023 abm Refundable Tax Credit Employee Retention Credit Erccares Act
RefundableTaxCreditEmployeeRetentionCreditERCCARESAct
24000000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8096400000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7806600000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6228600000 usd
CY2019Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
150000000 usd
CY2022Q4 abm Stock Repurchase Program Increase Decrease In Authorized Amount
StockRepurchaseProgramIncreaseDecreaseInAuthorizedAmount
150000000 usd
CY2023 dei Auditor Firm
AuditorFirmId
185

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