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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Apr. 30, 2013
Oct. 31, 2012
Current assets    
Cash and cash equivalents $ 85.6 $ 91.7
Trade accounts receivable, less allowance of $13.2 in 2013 and $17.1 in 2012 471.8 453.9
Inventories 392.5 374.3
Deferred tax assets 17.9 18.9
Net assets held for sale 6.8 5.5
Current portion related party notes and advances receivable 2.6 2.5
Prepaid expenses and other current assets 146.5 117.2
Total current assets 1,123.7 1,064.0
Long-term assets    
Goodwill 981.2 976.1
Other intangible assets, net of amortization 187.1 198.6
Deferred tax assets 9.8 13.6
Related party notes receivable 14.6 15.7
Assets held by special purpose entities 50.9 50.9
Other long-term assets 119.6 118.3
Total long-term assets 1,363.2 1,373.2
Properties, plants and equipment    
Timber properties, net of depletion 216.8 217.8
Land 138.7 137.7
Buildings 501.5 460.0
Machinery and equipment 1,497.5 1,472.6
Capital projects in progress 123.3 149.3
Property, Plant and Equipment, Gross 2,477.8 2,437.4
Accumulated depreciation (1,071.5) (1,017.7)
Properties, plants and equipment, net 1,406.3 1,419.7
Total assets 3,893.2 3,856.9
Current liabilities    
Accounts payable 425.7 466.1
Accrued payroll and employee benefits 88.2 96.1
Restructuring reserves 3.8 8.0
Current portion of long-term debt 10.0 25.0
Short-term borrowings 60.8 76.0
Deferred tax liabilities 9.9 8.1
Other current liabilities 185.2 182.7
Total current liabilities 783.6 862.0
Long-term liabilities    
Long-term debt 1,269.4 1,175.3
Deferred tax liabilities 193.2 197.0
Pension liabilities 130.4 123.4
Postretirement benefit obligations 19.2 19.3
Liabilities held by special purpose entities 43.3 43.3
Other long-term liabilities 116.5 116.2
Total long-term liabilities 1,772.0 1,674.5
Shareholders' equity    
Common stock, without par value 127.8 123.8
Treasury stock, at cost (131.1) (131.4)
Retained earnings 1,421.2 1,404.4
Accumulated other comprehensive loss:    
- foreign currency translation (76.4) (69.1)
- interest rate and other cash flow hedges (0.8) (0.9)
- minimum pension liabilities (125.2) (126.0)
Total Greif, Inc. shareholders' equity 1,215.5 1,200.8
Noncontrolling interests 122.1 119.6
Total shareholders' equity 1,337.6 1,320.4
Total liabilities and shareholders' equity $ 3,893.2 $ 3,856.9