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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Apr. 30, 2017
Oct. 31, 2016
Current assets    
Cash and cash equivalents $ 87.0 $ 103.7
Trade accounts receivable, less allowance of $7.0 in 2017 and $8.8 in 2016 428.8 399.2
Inventories 330.6 277.4
Assets held for sale 86.9 11.8
Prepaid expenses and other current assets 132.3 128.2
Total current assets 1,065.6 920.3
Long-term assets    
Goodwill 751.2 786.4
Other intangible assets, net of amortization 86.8 110.6
Deferred tax assets 10.1 9.0
Assets held by special purpose entities 50.9 50.9
Pension asset 26.2 22.2
Other long-term assets 93.6 89.7
Total long-term assets 1,018.8 1,068.8
Properties, plants and equipment    
Timber properties, net of depletion 275.2 277.8
Land 102.6 99.5
Buildings 391.4 390.1
Machinery and equipment 1,487.5 1,484.8
Capital projects in progress 101.9 91.3
Properties, plants and equipment, gross 2,358.6 2,343.5
Accumulated depreciation (1,217.2) (1,179.6)
Properties, plants and equipment, net 1,141.4 1,163.9
Total assets 3,225.8 3,153.0
Current liabilities    
Accounts payable 369.3 372.0
Accrued payroll and employee benefits 79.4 93.7
Restructuring reserves 8.1 10.4
Current portion of long-term debt 15.0 0.0
Short-term borrowings 35.5 51.6
Liabilities held for sale 17.3 0.0
Other current liabilities 135.8 131.5
Total current liabilities 660.4 659.2
Long-term liabilities    
Long-term debt 1,033.6 974.6
Deferred tax liabilities 206.9 193.0
Pension liabilities 158.0 179.8
Postretirement benefit obligations 13.4 13.7
Liabilities held by special purpose entities 43.3 43.3
Contingent liabilities and environmental reserves 6.8 6.8
Other long-term liabilities 83.6 92.9
Total long-term liabilities 1,545.6 1,504.1
Commitments and contingencies (Note 13)
Redeemable noncontrolling interests (Note 18) 33.0 31.8
Equity    
Common stock, without par value 144.0 141.4
Treasury stock, at cost (135.5) (135.6)
Retained earnings 1,332.2 1,340.0
Accumulated other comprehensive income (loss), net of tax:    
Foreign currency translation (266.7) (270.2)
Interest rate derivative 4.8 0.0
Minimum pension liabilities (98.8) (128.2)
Total Greif, Inc. shareholders' equity 980.0 947.4
Noncontrolling interests 6.8 10.5
Total shareholders' equity 986.8 957.9
Total liabilities and shareholders' equity $ 3,225.8 $ 3,153.0