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Balance Sheet (Unaudited) (USD $)
In Millions, unless otherwise specified
Jan. 31, 2013
Oct. 31, 2012
Current assets    
Cash and cash equivalents $ 91.6 $ 91.7
Trade accounts receivable, less allowance of $17.1 in 2013 and $17.1 in 2012 443.0 453.9
Inventories 389.3 374.3
Deferred tax assets 17.2 18.9
Net assets held for sale 8.3 5.5
Current portion related party notes and advances receivable 2.5 2.5
Prepaid expenses and other current assets 174.6 117.2
Total current assets 1,126.5 1,064.0
Long-term assets    
Goodwill 996.3 976.1
Other intangible assets, net of amortization 195.2 198.6
Deferred tax assets 13.6 13.6
Related party notes receivable 15.0 15.7
Assets held by special purpose entities 50.9 50.9
Other long-term assets 119.2 118.3
Total long-term assets 1,390.2 1,373.2
Properties, plants and equipment    
Timber properties, net of depletion 217.2 217.8
Land 140.0 137.7
Buildings 504.7 460.0
Machinery and equipment 1,496.7 1,472.6
Capital projects in progress 119.5 149.3
Property, Plant and Equipment, Gross 2,478.1 2,437.4
Accumulated depreciation (1,051.9) (1,017.7)
Properties, plants and equipment, net 1,426.2 1,419.7
Total assets 3,942.9 3,856.9
Current liabilities    
Accounts payable 392.9 466.1
Accrued payroll and employee benefits 75.6 96.1
Restructuring reserves 6.8 8.0
Current portion of long-term debt 10.0 25.0
Short-term borrowings 102.9 77.1
Deferred tax liabilities 10.5 8.1
Other current liabilities 197.2 181.6
Total current liabilities 795.9 862.0
Long-term liabilities    
Long-term debt 1,305.2 1,175.3
Deferred tax liabilities 197.0 197.0
Pension liabilities 129.7 123.4
Postretirement benefit obligations 19.2 19.3
Liabilities held by special purpose entities 43.3 43.3
Other long-term liabilities 114.4 116.2
Total long-term liabilities 1,808.8 1,674.5
Shareholders' equity    
Common stock, without par value 126.2 123.8
Treasury stock, at cost (131.3) (131.4)
Retained earnings 1,404.9 1,404.4
Accumulated other comprehensive loss:    
- foreign currency translation (57.5) (69.1)
- interest rate and other cash flow hedges (0.7) (0.9)
- minimum pension liabilities (126.4) (126.0)
Total Greif, Inc. shareholders' equity 1,215.2 1,200.8
Noncontrolling interests 123.0 119.6
Total shareholders' equity 1,338.2 1,320.4
Total liabilities and shareholders' equity $ 3,942.9 $ 3,856.9