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Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 31, 2015
Oct. 31, 2014
Current assets    
Cash and cash equivalents $ 106.2 $ 85.1
Trade accounts receivable, less allowance of $11.8 in 2015 and $16.8 in 2014 403.7 501.3
Inventories 297.0 381.1
Deferred tax assets 25.4 29.0
Assets held for sale 16.9 13.0
Prepaid expenses and other current assets 159.3 129.9
Total current assets 1,008.5 1,139.4
Long-term assets    
Goodwill 807.1 880.2
Other intangible assets, net of amortization 132.7 166.5
Deferred tax assets 7.8 20.9
Assets held by special purpose entities 50.9 50.9
Other long-term assets 91.0 101.2
Total long-term assets 1,089.5 1,219.7
Properties, plants and equipment    
Timber properties, net of depletion 277.1 244.8
Land 106.3 129.3
Buildings 410.4 459.1
Machinery and equipment 1,457.9 1,502.4
Capital projects in progress 78.0 97.4
Properties, plants and equipment, gross 2,329.7 2,433.0
Accumulated depreciation (1,112.0) (1,124.7)
Properties, plants and equipment, net 1,217.7 1,308.3
Total assets 3,315.7 3,667.4
Current liabilities    
Accounts payable 355.3 471.1
Accrued payroll and employee benefits 83.5 102.4
Restructuring reserves 21.3 4.1
Current portion of long-term debt 30.7 17.6
Short-term borrowings 40.7 48.1
Deferred tax liabilities 2.4 17.8
Liabilities held for sale 1.8 1.5
Other current liabilities 111.3 189.1
Total current liabilities 647.0 851.7
Long-term liabilities    
Long-term debt 1,116.2 1,087.4
Deferred tax liabilities 214.9 219.0
Pension liabilities 141.1 136.0
Postretirement benefit obligations 14.9 17.3
Liabilities held by special purpose entities 43.3 43.3
Contingent liabilities and environmental reserves 8.2 24.7
Other long-term liabilities 70.2 64.8
Total long-term liabilities $ 1,608.8 $ 1,592.5
Commitments and Contingencies (Note 14)
Shareholders' equity    
Common stock, without par value $ 139.1 $ 135.5
Treasury stock, at cost (130.6) (130.7)
Retained earnings 1,384.5 1,411.7
Accumulated other comprehensive loss, net of tax:    
- foreign currency translation (256.6) (144.5)
- interest rate and other derivatives   (0.1)
- minimum pension liabilities (120.8) (129.8)
Total Greif, Inc. shareholders' equity 1,015.6 1,142.1
Noncontrolling interests 44.3 81.1
Total shareholders' equity 1,059.9 1,223.2
Total liabilities and shareholders' equity $ 3,315.7 $ 3,667.4