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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Executive Officer
Director
Cumulative Effect, Period of Adoption, Adjustment
Capital Stock
Capital Stock
Executive Officer
Capital Stock
Director
Treasury Stock
Treasury Stock
Executive Officer
Treasury Stock
Director
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss)
Greif, Inc. Equity
Greif, Inc. Equity
Executive Officer
Greif, Inc. Equity
Director
Greif, Inc. Equity
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interests
Beginning balance (shares) at Oct. 31, 2018       (2,100) 47,949     28,893       (2,100)         (2,100)  
Beginning balance, value at Oct. 31, 2018 $ 1,154.2       $ 150.5     $ (135.4)     $ 1,469.8   $ (377.1) $ 1,107.8       $ 46.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income 194.2                   171.0     171.0       23.2
Other comprehensive income (loss):                                    
Foreign currency translation (4.5)                       (5.2) (5.2)       0.7
Derivative financial instruments, net of income tax expense (benefit) (26.1)                       (26.1) (26.1)        
Minimum pension liability adjustment, net of income tax expense (benefit) (25.3)                       (25.3) (25.3)        
Comprehensive income 138.3                         114.4        
Current period mark to redemption value of redeemable noncontrolling interest 4.9                   4.9     4.9        
Net income allocated to redeemable noncontrolling interests (2.3)                               (2.3)
Dividends paid to Greif, Inc., (104.0)                   (104.0)     (104.0)        
Dividends paid to noncontrolling interests (7.9)                                 (7.9)
Restricted stock executives and directors (shares)             (25)     (25)                
Restricted stock directors     $ 1.1       $ 1.1                 $ 1.1    
Acquisition of noncontrolling interest and other (2.7)                   (0.6)     (0.6)       (2.1)
Long-term incentive shares issued (shares)         (292)     (292)                    
Long-term incentive shares issued 11.6       $ 11.0     $ 0.6           11.6        
Ending balance (shares) at Oct. 31, 2019         48,266     28,576                    
Ending balance, value at Oct. 31, 2019 $ 1,191.1       $ 162.6     $ (134.8)     1,539.0   (433.7) 1,133.1       58.0
Other comprehensive income (loss):                                    
Adoption of ASU 2016-16 Accounting Standard Update 2016-16 [Member]                                  
Net income $ 124.3                   108.8     108.8       15.5
Foreign currency translation (9.8)                       3.1 3.1       (12.9)
Derivative financial instruments, net of income tax expense (benefit) (12.0)                       (12.0) (12.0)        
Minimum pension liability adjustment, net of income tax expense (benefit) 15.1                       15.1 15.1        
Comprehensive income 117.6                         115.0        
Current period mark to redemption value of redeemable noncontrolling interest 0.4                   0.4     0.4        
Net income allocated to redeemable noncontrolling interests (0.1)                                 (0.1)
Dividends paid to Greif, Inc., (104.3)                   (104.3)     (104.3)        
Dividends paid to noncontrolling interests (12.0)                                 (12.0)
Restricted stock executives and directors (shares)           (3) (28)   (3) (28)                
Restricted stock directors   $ 0.1 1.1     $ 0.1 $ 1.0     $ 0.1         $ 0.1 1.1    
Long-term incentive shares issued (shares)         (153)     (153)                    
Long-term incentive shares issued 5.3       $ 5.0     $ 0.3           5.3        
Share based compensation 1.5       $ 1.5                 1.5        
Ending balance (shares) at Oct. 31, 2020         48,450     28,392                    
Ending balance, value 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 413.2                   390.7     390.7       22.5
Other comprehensive income (loss):                                    
Foreign currency translation (1.6)                       (0.5) (0.5)       (1.1)
Derivative financial instruments, net of income tax expense (benefit) 21.1                       21.1 21.1        
Minimum pension liability adjustment, net of income tax expense (benefit) 50.4                       50.4 50.4        
Comprehensive income 483.1                         461.7        
Current period mark to redemption value of redeemable noncontrolling interest (2.6)                   (2.6)     (2.6)        
Net income allocated to redeemable noncontrolling interests (2.4)                                 (2.4)
Dividends paid to Greif, Inc., (105.8)                   (105.8)     (105.8)        
Dividends paid to noncontrolling interests (6.2)                                 (6.2)
Dividends earned on RSU shares (0.6)                   (0.6)     (0.6)        
Restricted stock executives and directors (shares)           (3) (26)   (3) (26)                
Restricted stock directors   $ 0.1 $ 1.3     $ 0.1 $ 1.2   $ 0.0 $ 0.1         $ 0.1 $ 1.3    
Long-term incentive shares issued (shares)         (80)     (80)                    
Long-term incentive shares issued 4.1       $ 3.9     $ 0.2           4.1        
Share based compensation 3.9       $ 3.9                 3.9        
Ending balance (shares) at Oct. 31, 2021         48,559     28,283                    
Ending balance, value at Oct. 31, 2021 $ 1,575.6       $ 179.3     $ (134.1)     $ 1,825.6   $ (356.5) $ 1,514.3       $ 61.3