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Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 31, 2018
Oct. 31, 2017
Current assets    
Cash and cash equivalents $ 94.2 $ 142.3
Trade accounts receivable, less allowance of $4.2 in 2018 and $8.9 in 2017 456.7 447.0
Inventories:    
Raw materials 203.9 192.1
Work-in-process 10.0 11.5
Finished goods 75.6 75.9
Assets held for sale 4.4 2.2
Prepaid expenses 39.8 35.3
Other current assets 92.1 88.2
Total current assets 976.7 994.5
Long-term assets    
Goodwill 776.0 785.4
Other intangible assets, net of amortization 80.6 98.0
Deferred tax assets 7.9 10.5
Assets held by special purpose entities 50.9 50.9
Pension assets 10.4 10.3
Other long-term assets 100.4 94.3
Total long-term assets 1,026.2 1,049.4
Properties, plants and equipment    
Timber properties, net of depletion 274.2 276.2
Land 96.4 99.5
Buildings 431.4 428.3
Machinery and equipment 1,554.9 1,540.2
Capital projects in progress 117.2 80.2
Properties, plants and equipment, gross 2,474.1 2,424.4
Accumulated depreciation (1,282.2) (1,236.0)
Properties, plants and equipment, net 1,191.9 1,188.4
Total assets 3,194.8 3,232.3
Current liabilities    
Accounts payable 403.8 399.2
Accrued payroll and employee benefits 114.4 111.8
Restructuring reserves 4.4 5.2
Current portion of long-term debt 18.8 15.0
Short-term borrowings 7.3 14.5
Other current liabilities 121.5 142.2
Total current liabilities 670.2 687.9
Long-term liabilities    
Long-term debt 884.1 937.8
Deferred tax liabilities 179.8 217.8
Pension liabilities 78.0 159.5
Postretirement benefit obligations 10.7 12.6
Liabilities held by special purpose entities 43.3 43.3
Contingent liabilities and environmental reserves 6.8 7.1
Mandatorily redeemable noncontrolling interests 8.6 9.2
Long-term income tax payable 46.1 0.0
Other long-term liabilities 77.5 78.1
Total long-term liabilities 1,334.9 1,465.4
Commitments and Contingencies (Note 13)
Redeemable Noncontrolling Interests (Note 20) 35.5 31.5
Equity    
Common stock, without par value 150.5 144.2
Treasury stock, at cost (135.4) (135.6)
Retained earnings 1,469.8 1,360.5
Accumulated other comprehensive income (loss), net of tax:    
Foreign currency translation (292.8) (249.3)
Derivative financial instruments 13.4 5.1
Minimum pension liabilities (97.7) (114.0)
Total Greif, Inc. shareholders’ equity 1,107.8 1,010.9
Noncontrolling interests 46.4 36.6
Total shareholders’ equity 1,154.2 1,047.5
Total liabilities and shareholders’ equity $ 3,194.8 $ 3,232.3