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Restructuring Charges
3 Months Ended
Jan. 31, 2017
Restructuring and Related Activities [Abstract]  
Restructuring Charges
RESTRUCTURING CHARGES
The following is a reconciliation of the beginning and ending restructuring reserve balances for the three month period ended January 31, 2017 (Dollars in millions):
 
Employee
Separation
Costs
 
Other
Costs
 
Total
Balance at October 31, 2016
$
9.2

 
$
1.2

 
$
10.4

Costs incurred and charged to expense
(0.8
)
 
0.5

 
(0.3
)
Costs paid or otherwise settled
(3.3
)
 
(0.6
)
 
(3.9
)
Balance at January 31, 2017
$
5.1

 
$
1.1

 
$
6.2


The focus for restructuring activities in 2017 is to continue to rationalize operations and close underperforming assets in the Rigid Industrial Packaging & Services and Flexible Products & Services segments. During the three months ended January 31, 2017, the Company recorded a benefit of $0.3 million, as compared to $2.3 million of restructuring charges recorded during the three months ended January 31, 2016. The restructuring activity for the three months ended January 31, 2017 consisted of $1.0 million of employee separation and other restructuring costs, offset by the reduction of a restructuring reserve of $1.3 million in the Rigid Industrial Packaging & Services segment due to a true-up of initial cost estimates related to a plant closure announced in the fourth quarter of 2016.
The following is a reconciliation of the total amounts expected to be incurred from approved restructuring plans or plans that are being formulated and have not been announced as of the date of this Form 10-Q. Remaining amounts expected to be incurred are $17.8 million as of January 31, 2017 compared to $16.1 million as of October 31, 2016. The change was due to the formulations of new plans during the period.
(Dollars in millions):
 
Total Amounts
Expected to
be Incurred
 
Amounts Incurred During the three month period ended January 31, 2017
 
Amounts
Remaining
to be Incurred
Rigid Industrial Packaging & Services
 
 
 
 
 
Employee separation costs
$
10.5

 
$
(0.9
)
 
$
11.4

Other restructuring costs
4.0

 
0.4

 
3.6

 
14.5

 
(0.5
)
 
15.0

Flexible Products & Services
 
 
 
 
 
Employee separation costs
1.2

 
0.1

 
1.1

Other restructuring costs
1.8

 
0.1

 
1.7

 
3.0

 
0.2

 
2.8

 
$
17.5

 
$
(0.3
)
 
$
17.8