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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (UNAUDITED) - USD ($)
shares in Thousands, $ in Millions
Total
Executive
Directors
Capital Stock
Capital Stock
Executive
Capital Stock
Directors
Treasury Stock
Treasury Stock
Executive
Treasury Stock
Directors
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Greif, Inc. Equity
Greif, Inc. Equity
Executive
Greif, Inc. Equity
Directors
Non controlling interests
Beginning balance (shares) at Oct. 31, 2019       48,266     28,576                
Beginning balance at Oct. 31, 2019 $ 1,191.1     $ 162.6     $ (134.8)     $ 1,539.0 $ (433.7) $ 1,133.1     $ 58.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income 36.1                 32.3   32.3     3.8
Other comprehensive income:                              
Foreign currency translation (3.1)                   (1.1) (1.1)     (2.0)
Derivative financial instruments, net of income tax expense 0.2                   0.2 0.2      
Minimum pension liability adjustment, net of income tax expense 21.7                   21.7 21.7      
Comprehensive income 54.9                     53.1      
Current period mark to redemption value of redeemable noncontrolling interest 3.3                 3.3   3.3      
Net income allocated to redeemable noncontrolling interests (0.1)                           (0.1)
Dividends paid to Greif, Inc. shareholders (25.9)                 (25.9)   (25.9)      
Dividends paid to noncontrolling interests and other (0.8)                           (0.8)
Restricted stock (shares)           3     (3)            
Restricted stock     $ 0.2     $ 0.1     $ 0.1         $ 0.2  
Ending balance (shares) at Jan. 31, 2020       48,269     28,573                
Ending balance at Jan. 31, 2020 1,222.7     $ 162.7     $ (134.7)     1,548.7 (412.9) 1,163.8     58.9
Beginning balance (shares) at Oct. 31, 2020       48,450     28,392                
Beginning balance at Oct. 31, 2020 1,200.7     $ 170.2     $ (134.4)     1,543.9 (427.5) 1,152.2     48.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income 30.9                 23.4   23.4     7.5
Other comprehensive income:                              
Foreign currency translation 27.6                   25.0 25.0     2.6
Derivative financial instruments, net of income tax expense 1.9                   1.9 1.9      
Minimum pension liability adjustment, net of income tax expense 22.7                   22.7 22.7      
Comprehensive income 83.1                     73.0      
Current period mark to redemption value of redeemable noncontrolling interest 0.6                 0.6   0.6      
Net income allocated to redeemable noncontrolling interests (0.3)                           (0.3)
Dividends paid to Greif, Inc. shareholders (25.9)                 (25.9)   (25.9)      
Dividends paid to noncontrolling interests and other (1.0)                           (1.0)
Long-term incentive shares issued (shares)       80     (80)                
Long-term Incentive shares issued 4.1     $ 3.9     $ 0.2         4.1      
Share based compensation 1.2     $ 1.2               1.2      
Restricted stock (shares)         3     (3)              
Restricted stock   $ 0.1     $ 0.1               $ 0.1    
Ending balance (shares) at Jan. 31, 2021       48,533     28,309                
Ending balance at Jan. 31, 2021 $ 1,262.6     $ 175.4     $ (134.2)     $ 1,542.0 $ (377.9) $ 1,205.3     $ 57.3