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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 31, 2016
Oct. 31, 2015
Current assets    
Cash and cash equivalents $ 94.3 $ 106.2
Trade accounts receivable, less allowance of $9.2 in 2016 and $11.8 in 2015 418.1 403.7
Inventories 288.5 297.0
Deferred tax assets 0.0 25.4
Assets held for sale 11.7 16.9
Prepaid expenses and other current assets 133.7 159.3
Total current assets 946.3 1,008.5
Long-term assets    
Goodwill 791.0 807.1
Other intangible assets, net of amortization 119.8 132.7
Deferred tax assets 10.9 7.8
Assets held by special purpose entities 50.9 50.9
Other long-term assets 92.0 91.0
Total long-term assets 1,064.6 1,089.5
Properties, plants and equipment    
Timber properties, net of depletion 278.0 277.1
Land 104.2 106.3
Buildings 389.7 410.4
Machinery and equipment 1,463.4 1,457.9
Capital projects in progress 98.3 78.0
Properties, plants and equipment, gross 2,333.6 2,329.7
Accumulated depreciation (1,160.6) (1,112.0)
Properties, plants and equipment, net 1,173.0 1,217.7
Total assets 3,183.9 3,315.7
Current liabilities    
Accounts payable 340.5 355.3
Accrued payroll and employee benefits 90.2 83.5
Restructuring reserves 14.8 21.3
Current portion of long-term debt 300.3 30.7
Short-term borrowings 55.2 40.7
Deferred tax liabilities 0.0 2.4
Liabilities held for sale 0.0 1.8
Other current liabilities 113.3 111.3
Total current liabilities 914.3 647.0
Long-term liabilities    
Long-term debt 758.6 1,116.2
Deferred tax liabilities 191.7 214.9
Pension liabilities 144.7 141.1
Postretirement benefit obligations 13.4 14.9
Liabilities held by special purpose entities 43.3 43.3
Contingent liabilities and environmental reserves 9.0 8.2
Other long-term liabilities 82.4 70.2
Total long-term liabilities 1,243.1 1,608.8
Commitments and Contingencies
Redeemable Noncontrolling Interest 32.3 0.0
Equity    
Common stock, without par value 141.4 139.1
Treasury stock, at cost (135.6) (130.6)
Retained earnings 1,355.2 1,384.5
Accumulated other comprehensive loss:    
-foreign currency translation (261.9) (256.6)
-minimum pension liabilities (117.3) (120.8)
Total Greif, Inc. equity 981.8 1,015.6
Noncontrolling interests 12.4 44.3
Total equity 994.2 1,059.9
Total liabilities and equity $ 3,183.9 $ 3,315.7