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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Cash flows from operating activities:    
Net income $ 124.4 $ 184.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 146.8 96.5
Non-cash asset impairment charges 2.1 4.1
Non-cash pension settlement charges 0.0 0.4
Gain on disposals of properties, plants and equipment, net (7.1) (7.5)
Loss on disposals of businesses, net 3.0 0.1
Unrealized foreign exchange loss 2.6 1.2
Deferred income tax benefit (12.7) (69.6)
Transition tax expense 2.4 35.9
Debt extinguishment charges 14.0 0.0
Other, net 5.4 (1.5)
Increase (decrease) in cash from changes in certain assets and liabilities:    
Trade accounts receivable 5.5 (35.6)
Inventories (20.8) (60.7)
Deferred purchase price on sold receivables (6.9) (32.3)
Accounts payable (37.2) 24.0
Restructuring reserves 7.0 0.0
Pension and postretirement benefit liabilities (10.7) (70.6)
Other, net (23.7) (12.6)
Net cash provided by operating activities 194.1 55.8
Cash flows from investing activities:    
Acquisitions of companies, net of cash acquired (1,857.9) 0.0
Purchases of properties, plants and equipment (103.8) (92.0)
Purchases of and investments in timber properties (4.1) (6.6)
Proceeds from the sale of properties, plants, equipment and other assets 13.8 11.5
Proceeds from the sale of businesses 3.9 1.4
Proceeds from insurance recoveries 0.2 0.0
Net cash used in investing activities (1,947.9) (85.7)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 3,470.7 784.6
Payments on long-term debt (1,577.8) (706.2)
Payments on current portion of long-term debt (18.9) 0.0
Proceeds on short-term borrowings, net 3.3 0.0
Payments on short-term borrowings, net 0.0 (8.9)
Proceeds from trade accounts receivable credit facility 59.0 2.8
Payments on trade accounts receivable credit facility (59.4) (2.8)
Dividends paid to Greif, Inc. shareholders (77.9) (74.0)
Dividends paid to noncontrolling interests (9.2) (4.5)
Payments for debt extinguishment and issuance costs (44.1) 0.0
Purchases of redeemable noncontrolling interest (11.9) 0.0
Cash contribution from noncontrolling interest holder 1.6 0.0
Net cash provided (used) by financing activities 1,735.4 (9.0)
Effects of exchange rates on cash 0.0 (2.5)
Net decrease in cash and cash equivalents (18.4) (41.4)
Cash and cash equivalents at beginning of period 94.2 142.3
Cash and cash equivalents at end of period $ 75.8 $ 100.9