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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Apr. 30, 2011
Oct. 31, 2010
Current assets    
Cash and cash equivalents $ 95,548 $ 106,957
Trade accounts receivable, less allowance of $12,259 in 2011 and $13,117 in 2010 521,396 480,158
Inventories 456,105 396,572
Deferred tax assets 19,135 19,526
Net assets held for sale 19,679 28,407
Prepaid expenses and other current assets 149,446 134,269
Total current assets 1,261,309 1,165,889
Long-term assets    
Goodwill 731,400 709,725
Other intangible assets, net of amortization 172,089 173,239
Deferred tax assets 33,981 29,982
Assets held by special purpose entities 50,891 50,891
Other long-term assets 118,237 93,603
Total long-term assets 1,106,598 1,057,440
Properties, plants and equipment    
Timber properties, net of depletion 215,517 215,537
Land 131,171 121,409
Buildings 447,390 411,437
Machinery and equipment 1,383,987 1,302,597
Capital projects in progress 129,712 112,300
Properties, plants and equipment, gross 2,307,777 2,163,280
Accumulated depreciation (962,165) (888,164)
Properties, plants and equipment, net 1,345,612 1,275,116
Total assets 3,713,519 3,498,445
Current liabilities    
Accounts payable 412,828 448,310
Accrued payroll and employee benefits 90,411 90,887
Restructuring reserves 18,626 20,238
Current portion of long-term debt 12,500 12,523
Short-term borrowings 105,698 60,908
Deferred tax liabilities 7,153 5,091
Other current liabilities 135,782 123,854
Total current liabilities 782,998 761,811
Long-term liabilities    
Long-term debt 1,088,215 953,066
Deferred tax liabilities 181,341 180,486
Pension liabilities 57,076 65,915
Postretirement benefit obligations 22,515 21,555
Liabilities held by special purpose entities 43,250 43,250
Other long-term liabilities 110,480 116,930
Total long-term liabilities 1,502,877 1,381,202
Shareholders' equity    
Common stock, without par value 109,469 106,057
Treasury stock, at cost (120,299) (117,394)
Retained earnings 1,366,972 1,323,477
Accumulated other comprehensive loss:    
foreign currency translation 68,337 44,612
interest rate and other derivatives (755) (1,505)
minimum pension liabilities (77,377) (76,526)
Total Greif, Inc. shareholders' equity 1,346,347 1,278,721
Noncontrolling interests 81,297 76,711
Total shareholders' equity 1,427,644 1,355,432
Total liabilities and shareholders' equity $ 3,713,519 $ 3,498,445