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Equity and Comprehensive Income (Loss) (Tables)
 3 Months Ended
Jan. 31, 2017
Equity [Abstract]  
Summary of Changes in Equity
The following table summarizes the changes of equity from October 31, 2016 to January 31, 2017 (Dollars in millions, shares in thousands):
 
Capital Stock
 
Treasury Stock
 
Retained
Earnings
 
Accumulated
Other
Comprehensive
Income (Loss)
 
Greif,
Inc.
Equity
 
Non
controlling
interests
 
Total
Equity
 
Common
Shares
 
Amount
 
Treasury
Shares
 
Amount
 
As of October 31, 2016
47,792

 
$
141.4

 
29,050

 
$
(135.6
)
 
$
1,340.0

 
$
(398.4
)
 
$
947.4

 
$
10.5

 
$
957.9

Net income
 
 
 
 
 
 
 
 
5.4

 
 
 
5.4

 
2.6

 
8.0

Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
- foreign currency translation
 
 
 
 
 
 
 
 
 
 
(7.5
)
 
(7.5
)
 
(1.7
)
 
(9.2
)
- interest rate derivative, net of tax
 
 
 
 
 
 
 
 
 
 
4.6

 
4.6

 
 
 
4.6

- minimum pension liability adjustment, net of tax
 
 
 
 
 
 
 
 
 
 
28.1

 
28.1

 
 
 
28.1

Comprehensive income
 
 
 
 
 
 
 
 
 
 
 
 
30.6

 
 
 
31.5

Current period mark to redemption value of redeemable noncontrolling interest
 
 
 
 
 
 
 
 
—

 
 
 
—

 
 
 
—

Net income allocated to redeemable noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1.0
)
 
(1.0
)
Other
 
 
 
 
 
 
 
 
 
 
 
 
—

 
0.1

 
0.1

Dividends paid to Greif, Inc. shareholders
 
 
 
 
 
 
 
 
(24.5
)
 
 
 
(24.5
)
 
 
 
(24.5
)
Dividends to noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(0.3
)
 
(0.3
)
Long-term incentive shares issued
29

 
1.5

 
(29
)
 
—

 
 
 
 
 
1.5

 
 
 
1.5

As of January 31, 2017
47,821

 
$
142.9

 
29,021

 
$
(135.6
)
 
$
1,320.9

 
$
(373.2
)
 
$
955.0

 
$
10.2

 
$
965.2

The following table summarizes the changes of equity from October 31, 2015 to January 31, 2016 (Dollars in millions, shares in thousands):
 
Capital Stock
 
Treasury Stock
 
Retained
Earnings
 
Accumulated
Other
Comprehensive
Income (Loss)
 
Greif,
Inc.
Equity
 
Non
controlling
interests
 
Total
Equity
 
Common
Shares
 
Amount
 
Treasury
Shares
 
Amount
 
As of October 31, 2015
47,814

 
$
139.1

 
29,028

 
$
(130.6
)
 
$
1,384.5

 
$
(377.4
)
 
$
1,015.6

 
$
44.3

 
$
1,059.9

Net income (loss)
 
 
 
 
 
 
 
 
(11.1
)
 
 
 
(11.1
)
 
1.2

 
(9.9
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 

- foreign currency translation
 
 
 
 
 
 
 
 
 
 
(24.7
)
 
(24.7
)
 
(3.6
)
 
(28.3
)
- minimum pension liability adjustment, net of income tax expense
 
 
 
 
 
 
 
 
 
 
1.9

 
1.9

 
 
 
1.9

Comprehensive loss
 
 
 
 
 
 
 
 
 
 
 
 
(33.9
)
 
 
 
(36.3
)
Out of period mark to redemption value of redeemable noncontrolling interest
 
 
 
 
 
 
 
 
(19.8
)
 
 
 
(19.8
)
 
 
 
(19.8
)
Current period mark to redemption value of redeemable noncontrolling interest
 
 
 
 
 
 
 
 
0.1

 
 
 
0.1

 
 
 
0.1

Reclassification of redeemable noncontrolling interest
 
 
 
 
 
 
 
 
1.2

 
 
 
1.2

 
(23.2
)
 
(22.0
)
Other
 
 
 
 
 
 
 
 
 
 
 
 
—

 
(0.4
)
 
(0.4
)
Dividends paid to Greif, Inc. shareholders
 
 
 
 
 
 
 
 
(24.5
)
 
 
 
(24.5
)
 
 
 
(24.5
)
Dividends paid to noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
 
—

 


 
—

Long-term incentive shares issued
41

 
1.0

 
(41
)
 
0.1

 
 
 
 
 
1.1

 
 
 
1.1

As of January 31, 2016
47,855

 
$
140.1

 
28,987

 
$
(130.5
)
 
$
1,330.4

 
$
(400.2
)
 
$
939.8

 
$
18.3

 
$
958.1
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table provides the rollforward of accumulated other comprehensive income (loss) for the three months ended January 31, 2017 (Dollars in millions):
 
Foreign
Currency
Translation
 
Interest Rate Derivative
 
Minimum
Pension
Liability
Adjustment
 
Accumulated
Other
Comprehensive
Income (Loss)
Balance as of October 31, 2016
$
(270.2
)
 
$
—

 
$
(128.2
)
 
$
(398.4
)
Other Comprehensive Income (Loss)
(7.5
)
 
4.6

 
28.1

 
25.2

Current-period Other Comprehensive Income (Loss)
(7.5
)
 
4.6

 
28.1

 
25.2

Balance as of January 31, 2017
$
(277.7
)
 
$
4.6

 
$
(100.1
)
 
$
(373.2
)
The following table provides the rollforward of accumulated other comprehensive income (loss) for the three months ended January 31, 2016 (Dollars in millions):
 
Foreign Currency
Translation
 
Minimum Pension
Liability Adjustment
 
Accumulated Other
Comprehensive
Income (Loss)
Balance as of October 31, 2015
$
(256.6
)
 
$
(120.8
)
 
$
(377.4
)
Other Comprehensive Income (Loss)
(24.7
)
 
1.9

 
(22.8
)
Current-period Other Comprehensive Income (Loss)
(24.7
)
 
1.9

 
(22.8
)
Balance as of January 31, 2016
$
(281.3
)
 
$
(118.9
)
 
$
(400.2
)