Condensed Consolidated Statements Of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | |
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Jan. 31, 2015
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Jan. 31, 2014
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Cash flows from operating activities: | ||
Net income | $ 28.2us-gaap_ProfitLoss | $ 31.8us-gaap_ProfitLoss |
Adjustments to reconcile net income to net cash provided by operating activities: | ||
Depreciation, depletion and amortization | 34.6us-gaap_DepreciationDepletionAndAmortization | 39.2us-gaap_DepreciationDepletionAndAmortization |
Asset impairments | 0.2us-gaap_AssetImpairmentCharges | 0.2us-gaap_AssetImpairmentCharges |
Unrealized foreign exchange loss | (4.2)us-gaap_ForeignCurrencyTransactionGainLossUnrealized | (2.2)us-gaap_ForeignCurrencyTransactionGainLossUnrealized |
Deferred income taxes | 9.6us-gaap_DeferredIncomeTaxExpenseBenefit | 1.9us-gaap_DeferredIncomeTaxExpenseBenefit |
Gain on disposals of properties, plants and equipment, net | (1.6)us-gaap_GainLossOnDispositionOfAssets | (2.6)us-gaap_GainLossOnDispositionOfAssets |
(Gain) loss on disposals of businesses | (0.8)us-gaap_GainLossOnSaleOfBusiness | 1.8us-gaap_GainLossOnSaleOfBusiness |
Gain on disposals of timberland, net | (24.3)us-gaap_GainLossOnSaleOfProperty | (8.4)us-gaap_GainLossOnSaleOfProperty |
Other, net | (0.3)us-gaap_OtherNoncashIncomeExpense | (0.5)us-gaap_OtherNoncashIncomeExpense |
Increase (decrease) in cash from changes in certain assets and liabilities: | ||
Trade accounts receivable | 18.4us-gaap_IncreaseDecreaseInAccountsReceivable | (3.3)us-gaap_IncreaseDecreaseInAccountsReceivable |
Inventories | (22.4)us-gaap_IncreaseDecreaseInInventories | (38.6)us-gaap_IncreaseDecreaseInInventories |
Deferred purchase price on sold receivables | (9.7)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | |
Accounts payable | (55.3)us-gaap_IncreaseDecreaseInAccountsPayable | (50.9)us-gaap_IncreaseDecreaseInAccountsPayable |
Restructuring reserves | 2.1us-gaap_RestructuringReservePeriodIncreaseDecrease | 1.1us-gaap_RestructuringReservePeriodIncreaseDecrease |
Pension and postretirement benefit liabilities | (6.5)us-gaap_IncreaseDecreaseInPensionAndPostretirementObligations | (0.6)us-gaap_IncreaseDecreaseInPensionAndPostretirementObligations |
Other, net | (37.6)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet | (22.0)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet |
Net cash used in operating activities | (59.9)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (62.8)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
Cash flows from investing activities: | ||
Acquisitions of companies, net of cash acquired | (0.4)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired | (52.3)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired |
Purchases of properties, plants and equipment | (39.2)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (34.5)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
Purchases of timber properties | (25.4)us-gaap_PaymentsToAcquireOtherProductiveAssets | (8.0)us-gaap_PaymentsToAcquireOtherProductiveAssets |
Proceeds from the sale of properties, plants, equipment and other assets | 36.1us-gaap_ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets | 14.8us-gaap_ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets |
Proceeds from the sale of businesses | 2.9us-gaap_ProceedsFromDivestitureOfBusinesses | |
Payments on notes receivable with related party, net | 0.4us-gaap_ProceedsFromSaleAndCollectionOfNotesReceivable | |
Net cash used in investing activities | (26.0)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (79.6)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
Cash flows from financing activities: | ||
Proceeds from issuance of long-term debt | 152.8us-gaap_ProceedsFromIssuanceOfLongTermDebt | 395.4us-gaap_ProceedsFromIssuanceOfLongTermDebt |
Payments on long-term debt | (111.5)us-gaap_RepaymentsOfLongTermDebt | (263.3)us-gaap_RepaymentsOfLongTermDebt |
Proceeds from short-term borrowings, net | 14.0us-gaap_ProceedsFromRepaymentsOfShortTermDebt | 31.9us-gaap_ProceedsFromRepaymentsOfShortTermDebt |
Proceeds from trade accounts receivable credit facility | 94.0gef_ProceedsFromTradeAccountsReceivableCreditFacility | 30.0gef_ProceedsFromTradeAccountsReceivableCreditFacility |
Payments on trade accounts receivable credit facility | (65.0)gef_PaymentsOfTradeAccountsReceivableCreditFacility | (19.0)gef_PaymentsOfTradeAccountsReceivableCreditFacility |
Dividends paid | (24.5)us-gaap_PaymentsOfDividendsCommonStock | (24.4)us-gaap_PaymentsOfDividendsCommonStock |
Exercise of stock options | 0.1us-gaap_ProceedsFromStockOptionsExercised | 0.1us-gaap_ProceedsFromStockOptionsExercised |
Net cash provided by financing activities | 59.9us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 150.7us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
Effects of exchange rates on cash | (3.3)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | (4.4)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents |
Net increase (decrease) in cash and cash equivalents | (29.3)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 3.9us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
Cash and cash equivalents at beginning of period | 85.1us-gaap_CashAndCashEquivalentsAtCarryingValue | 78.1us-gaap_CashAndCashEquivalentsAtCarryingValue |
Cash and cash equivalents at end of period | $ 55.8us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 82.0us-gaap_CashAndCashEquivalentsAtCarryingValue |
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- Definition
Payments Of Trade Accounts Receivable Credit Facility No definition available.
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Proceeds From Trade Accounts Receivable Credit Facility No definition available.
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- Definition
Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before tax of foreign currency transaction unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of gain (loss) on sale or disposal of property, plant and equipment assets, excluding oil and gas property and timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Gain (loss) from sale or disposal of an organization or integrated set of activities (for example, but not limited to, a partnership or corporation) engaged in providing a product or service in a commercial, industrial, or professional environment. No definition available.
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- Definition
Amount of gain (loss) on sale or disposal of oil and gas property or timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in other assets used in operating activities less other operating liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets and liabilities, other noncurrent assets and liabilities, or a combination of other current and noncurrent assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the amount due to fund pension and non-pension benefits to employees, retired and disabled former employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for acquisition of or capital improvements on other tangible or intangible assets not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net cash inflow or outflow for borrowing having initial term of repayment within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with the proceeds from sale of notes receivable, as well as principal collections from a borrowing supported by a written promise to pay an obligation (note receivable). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate cash proceeds received from a combination of transactions in which noncurrent assets are sold, which may include the sale of a business, an investment in an affiliate (including an equity method investee), property, plant and equipment and intangible assets. Excludes sales of trading, available-for-sale, and held-to-maturity securities. No definition available.
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- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Net total Increase or Decrease in the accrual for restructuring costs during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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