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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 31, 2015
Oct. 31, 2014
Current assets    
Cash and cash equivalents $ 101.7 $ 85.1
Trade accounts receivable, less allowance of $11.8 in 2015 and $16.8 in 2014 461.9 501.3
Inventories 334.7 381.1
Deferred tax assets 27.0 29.0
Assets held for sale 24.9 28.3
Prepaid expenses and other current assets 129.8 129.9
Total current assets 1,080.0 1,154.7
Long-term assets    
Goodwill 810.3 880.2
Other intangible assets, net of amortization 137.8 166.5
Deferred tax assets 26.2 20.9
Assets held by special purpose entities 50.9 50.9
Other long-term assets 76.8 101.2
Total long-term assets 1,102.0 1,219.7
Properties, plants and equipment    
Timber properties, net of depletion 277.1 244.8
Land 116.7 129.3
Buildings 409.5 444.9
Machinery and equipment 1,438.7 1,500.8
Capital projects in progress 126.9 97.3
Properties, plants and equipment, gross 2,368.9 2,417.1
Accumulated depreciation (1,135.6) (1,124.1)
Properties, plants and equipment, net 1,233.3 1,293.0
Total assets 3,415.3 3,667.4
Current liabilities    
Accounts payable 357.4 471.1
Accrued payroll and employee benefits 85.5 102.4
Restructuring reserves 16.1 4.1
Current portion of long-term debt 24.1 17.6
Short-term borrowings 50.7 48.1
Deferred tax liabilities 13.1 17.8
Liabilities held for sale 1.5 1.5
Other current liabilities 148.0 189.1
Total current liabilities 696.4 851.7
Long-term liabilities    
Long-term debt 1,154.9 1,087.4
Deferred tax liabilities 210.3 219.0
Pension liabilities 136.9 136.0
Postretirement benefit obligations 15.4 17.3
Liabilities held by special purpose entities 43.3 43.3
Contingent liabilities and environmental reserves 8.6 24.7
Other long-term liabilities 57.0 64.8
Total long-term liabilities 1,626.4 1,592.5
Equity    
Common stock, without par value 139.1 135.5
Treasury stock, at cost (130.6) (130.7)
Retained earnings 1,396.8 1,411.7
Accumulated other comprehensive loss:    
- foreign currency translation (232.2) (144.5)
- interest rate and other cash flow hedges   (0.1)
- minimum pension liabilities (124.3) (129.8)
Total Greif, Inc. equity 1,048.8 1,142.1
Noncontrolling interests 43.7 81.1
Total equity 1,092.5 1,223.2
Total liabilities and equity $ 3,415.3 $ 3,667.4