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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jan. 31, 2017
Oct. 31, 2016
Current assets    
Cash and cash equivalents $ 106.8 $ 103.7
Trade accounts receivable, less allowance of $7.8 in 2017 and $8.8 in 2016 391.3 399.2
Inventories 304.2 277.4
Assets held for sale 86.2 11.8
Prepaid expenses and other current assets 148.6 128.2
Total current assets 1,037.1 920.3
Long-term assets    
Goodwill 747.9 786.4
Other intangible assets, net of amortization 89.0 110.6
Deferred tax assets 8.6 9.0
Assets held by special purpose entities 50.9 50.9
Pension asset 23.9 22.2
Other long-term assets 106.3 89.7
Total long-term assets 1,026.6 1,068.8
Properties, plants and equipment    
Timber properties, net of depletion 277.8 277.8
Land 100.2 99.5
Buildings 386.7 390.1
Machinery and equipment 1,468.3 1,484.8
Capital projects in progress 93.6 91.3
Properties, plants and equipment, gross 2,326.6 2,343.5
Accumulated depreciation (1,191.0) (1,179.6)
Properties, plants and equipment, net 1,135.6 1,163.9
Total assets 3,199.3 3,153.0
Current liabilities    
Accounts payable 332.9 372.0
Accrued payroll and employee benefits 75.6 93.7
Restructuring reserves 6.2 10.4
Short-term borrowings 38.9 51.6
Liabilities held for sale 15.6 0.0
Other current liabilities 151.1 131.5
Total current liabilities 620.3 659.2
Long-term liabilities    
Long-term debt 1,074.8 974.6
Deferred tax liabilities 203.7 193.0
Pension liabilities 156.2 179.8
Postretirement benefit obligations 13.5 13.7
Liabilities held by special purpose entities 43.3 43.3
Contingent liabilities and environmental reserves 7.0 6.8
Other long-term liabilities 82.8 92.9
Total long-term liabilities 1,581.3 1,504.1
Commitments and Contingencies
Redeemable Noncontrolling Interest 32.5 31.8
Equity    
Common stock, without par value 142.9 141.4
Treasury stock, at cost (135.6) (135.6)
Retained earnings 1,320.9 1,340.0
Accumulated other comprehensive income (loss), net of tax:    
-foreign currency translation (277.7) (270.2)
-interest rate derivative 4.6 0.0
-minimum pension liabilities (100.1) (128.2)
Total Greif, Inc. shareholders' equity 955.0 947.4
Noncontrolling interests 10.2 10.5
Total shareholders' equity 965.2 957.9
Total liabilities and shareholders' equity $ 3,199.3 $ 3,153.0