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Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 31, 2016
Oct. 31, 2015
Current assets    
Cash and cash equivalents $ 103.7 $ 106.2
Trade accounts receivable, less allowance of $8.8 in 2016 and $11.8 in 2015 399.2 403.7
Inventories 277.4 297.0
Deferred tax assets 0.0 25.4
Assets held for sale 11.8 16.9
Prepaid expenses and other current assets 128.2 159.3
Total current assets 920.3 1,008.5
Long-term assets    
Goodwill 786.4 807.1
Other intangible assets, net of amortization 110.6 132.7
Deferred tax assets 9.0 7.8
Assets held by special purpose entities 50.9 50.9
Pension assets 22.2 0.0
Other long-term assets 89.7 91.0
Total long-term assets 1,068.8 1,089.5
Properties, plants and equipment    
Timber properties, net of depletion 277.8 277.1
Land 99.5 106.3
Buildings 390.1 410.4
Machinery and equipment 1,484.8 1,457.9
Capital projects in progress 91.3 78.0
Properties, plants and equipment, gross 2,343.5 2,329.7
Accumulated depreciation (1,179.6) (1,112.0)
Properties, plants and equipment, net 1,163.9 1,217.7
Total assets 3,153.0 3,315.7
Current liabilities    
Accounts payable 372.0 355.3
Accrued payroll and employee benefits 93.7 83.5
Restructuring reserves 10.4 21.3
Current portion of long-term debt 0.0 30.7
Short-term borrowings 51.6 40.7
Deferred tax liabilities 0.0 2.4
Liabilities held for sale 0.0 1.8
Other current liabilities 131.5 111.3
Total current liabilities 659.2 647.0
Long-term liabilities    
Long-term debt 974.6 1,116.2
Deferred tax liabilities 193.0 214.9
Pension liabilities 179.8 141.1
Postretirement benefit obligations 13.7 14.9
Liabilities held by special purpose entities 43.3 43.3
Contingent liabilities and environmental reserves 6.8 8.2
Other long-term liabilities 92.9 70.2
Total long-term liabilities 1,504.1 1,608.8
Commitments and Contingencies 0.0 0.0
Redeemable Noncontrolling Interests 31.8 0.0
Equity    
Common stock, without par value 141.4 139.1
Treasury stock, at cost (135.6) (130.6)
Retained earnings 1,340.0 1,384.5
Accumulated other comprehensive loss, net of tax:    
— foreign currency translation (270.2) (256.6)
— minimum pension liabilities (128.2) (120.8)
Total Greif, Inc. shareholders’ equity 947.4 1,015.6
Noncontrolling interests 10.5 44.3
Total shareholders’ equity 957.9 1,059.9
Total liabilities and shareholders’ equity $ 3,153.0 $ 3,315.7