XML 82 R71.htm IDEA: XBRL DOCUMENT v3.5.0.2
Equity and Comprehensive Income (Loss) - Summary of Changes in Equity (Detail) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2016
Jul. 31, 2015
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance     $ 1,059.9 $ 1,223.2
Net income $ 46.4 $ 9.3 69.0 58.0
Other comprehensive income (loss):        
Foreign currency translation (27.6) 5.6 (9.6) (109.5)
Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit 0.0 0.0 0.0 0.1
Minimum pension liability adjustment, net of income tax expense (benefit) 2.9 (0.9) 3.5 5.5
Comprehensive income (loss) 21.7 14.0 62.9 (45.9)
Acquisition of noncontrolling interest and other       (10.5)
Reclassification of redeemable noncontrolling interest     (21.6)  
Net income allocated to redeemable noncontrolling interests     (3.9)  
Other     (0.4)  
Dividends paid to Greif, Inc. shareholders (24.7) (24.8) (74.0) (74.0)
Contributions from noncontrolling interest     0.8  
Dividends to noncontrolling interests     (3.9) (4.0)
Stock options exercised       0.2
Treasury shares acquired     (5.2)  
Restricted stock executives and directors     1.4 1.4
Long-term incentive shares issued     1.1 2.1
Ending balance 994.2 1,092.5 994.2 1,092.5
Income tax benefit, minimum pension liability adjustment       2.4
Out of Period        
Other comprehensive income (loss):        
Mark to redemption value of redeemable noncontrolling interest     (19.8)  
Current Period        
Other comprehensive income (loss):        
Mark to redemption value of redeemable noncontrolling interest     (3.1)  
Capital Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance     $ 139.1 $ 135.5
Beginning balance (shares)     47,814 47,724
Other comprehensive income (loss):        
Stock options exercised       $ 0.2
Stock options exercised (shares)       10
Treasury shares acquired (shares)     (110)  
Restricted stock executives and directors     $ 1.3 $ 1.4
Restricted stock executives and directors (shares)     47 31
Long-term incentive shares issued     $ 1.0 $ 2.0
Long-term incentive shares issued (shares)     41 49
Ending balance $ 141.4 $ 139.1 $ 141.4 $ 139.1
Ending balance (shares) 47,792 47,814 47,792 47,814
Treasury Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance     $ (130.6) $ (130.7)
Beginning balance (shares)     29,028 29,118
Other comprehensive income (loss):        
Stock options exercised (shares)       (10)
Treasury shares acquired     $ (5.2)  
Treasury shares acquired (shares)     110  
Restricted stock executives and directors     $ 0.1  
Restricted stock executives and directors (shares)     (47) (31)
Long-term incentive shares issued     $ 0.1 $ 0.1
Long-term incentive shares issued (shares)     (41) (49)
Ending balance $ (135.6) $ (130.6) $ (135.6) $ (130.6)
Ending balance (shares) 29,050 29,028 29,050 29,028
Retained Earnings        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance     $ 1,384.5 $ 1,411.7
Net income     66.4 59.5
Other comprehensive income (loss):        
Acquisition of noncontrolling interest and other       (0.4)
Reclassification of redeemable noncontrolling interest     1.2  
Dividends paid to Greif, Inc. shareholders     (74.0) (74.0)
Ending balance $ 1,355.2 $ 1,396.8 1,355.2 1,396.8
Retained Earnings | Out of Period        
Other comprehensive income (loss):        
Mark to redemption value of redeemable noncontrolling interest     (19.8)  
Retained Earnings | Current Period        
Other comprehensive income (loss):        
Mark to redemption value of redeemable noncontrolling interest     (3.1)  
Accumulated Other Comprehensive Income (Loss)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance     (377.4) (274.4)
Other comprehensive income (loss):        
Foreign currency translation     (5.3) (87.7)
Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit       0.1
Minimum pension liability adjustment, net of income tax expense (benefit)     3.5 5.5
Ending balance (379.2) (356.5) (379.2) (356.5)
Non controlling interests        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance     44.3 81.1
Net income     2.6 (1.5)
Other comprehensive income (loss):        
Foreign currency translation     (4.3) (21.8)
Acquisition of noncontrolling interest and other       (10.1)
Reclassification of redeemable noncontrolling interest     (22.8)  
Net income allocated to redeemable noncontrolling interests     (3.9)  
Other     (0.4)  
Contributions from noncontrolling interest     0.8  
Dividends to noncontrolling interests     (3.9) (4.0)
Ending balance 12.4 43.7 12.4 43.7
Greif, Inc. Equity        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance     1,015.6 1,142.1
Net income     66.4 59.5
Other comprehensive income (loss):        
Foreign currency translation     (5.3) (87.7)
Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit       0.1
Minimum pension liability adjustment, net of income tax expense (benefit)     3.5 5.5
Comprehensive income (loss)     64.6 (22.6)
Acquisition of noncontrolling interest and other       (0.4)
Reclassification of redeemable noncontrolling interest     1.2  
Dividends paid to Greif, Inc. shareholders     (74.0) (74.0)
Stock options exercised       0.2
Treasury shares acquired     (5.2)  
Restricted stock executives and directors     1.4 1.4
Long-term incentive shares issued     1.1 2.1
Ending balance $ 981.8 $ 1,048.8 981.8 $ 1,048.8
Greif, Inc. Equity | Out of Period        
Other comprehensive income (loss):        
Mark to redemption value of redeemable noncontrolling interest     (19.8)  
Greif, Inc. Equity | Current Period        
Other comprehensive income (loss):        
Mark to redemption value of redeemable noncontrolling interest     $ (3.1)