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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Apr. 30, 2019
Oct. 31, 2018
Current assets    
Cash and cash equivalents $ 89.8 $ 94.2
Trade accounts receivable, less allowance of $7.1 in 2019 and $4.2 in 2018 704.8 456.7
Inventories:    
Raw materials 285.5 203.9
Work-in-process 13.6 10.0
Finished goods 122.4 75.6
Assets held for sale 5.3 4.4
Prepaid expenses 51.7 39.8
Other current assets 80.0 92.1
Total current assets 1,353.1 976.7
Long-term assets    
Goodwill 1,522.6 776.0
Other intangible assets, net of amortization 778.8 80.6
Deferred tax assets 14.0 7.9
Assets held by special purpose entities 50.9 50.9
Pension asset 11.7 10.4
Other long-term assets 93.9 100.4
Total long term assets, excluding properties, plants and equipment 2,471.9 1,026.2
Properties, plants and equipment    
Timber properties, net of depletion 273.8 274.2
Land 178.6 96.4
Buildings 526.2 431.4
Machinery and equipment 1,884.6 1,554.9
Capital projects in progress 158.4 117.2
Properties, plants and equipment, gross 3,021.6 2,474.1
Accumulated depreciation (1,336.2) (1,282.2)
Properties, plants and equipment, net 1,685.4 1,191.9
Total assets 5,510.4 3,194.8
Current liabilities    
Accounts payable 473.8 403.8
Accrued payroll and employee benefits 107.5 114.4
Restructuring reserves 7.0 4.4
Current portion of long-term debt 83.8 18.8
Short-term borrowings 6.9 7.3
Other current liabilities 130.4 121.5
Total current liabilities 809.4 670.2
Long-term liabilities    
Long-term debt 2,851.8 884.1
Deferred tax liabilities 349.6 179.8
Pension liabilities 138.8 78.0
Postretirement benefit obligations 11.3 10.7
Liabilities held by special purpose entities 43.3 43.3
Contingent liabilities and environmental reserves 7.0 6.8
Mandatorily redeemable noncontrolling interests 8.0 8.6
Long-term income tax payable 44.0 46.1
Other long-term liabilities 86.5 77.5
Total long-term liabilities 3,540.3 1,334.9
Commitments and contingencies (Note 13)
Redeemable noncontrolling interests (Note 17) 24.3 35.5
Equity    
Common stock, without par value 162.6 150.5
Treasury stock, at cost (134.8) (135.4)
Retained earnings 1,460.2 1,469.8
Accumulated other comprehensive income (loss), net of tax:    
Foreign currency translation (301.3) (292.8)
Derivative financial instruments (2.3) 13.4
Minimum pension liabilities (97.8) (97.7)
Total Greif, Inc. shareholders' equity 1,086.6 1,107.8
Noncontrolling interests 49.8 46.4
Total shareholders' equity 1,136.4 1,154.2
Total liabilities and shareholders' equity $ 5,510.4 $ 3,194.8