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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
6 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Cash flows from operating activities:    
Net income $ 56.9 $ 112.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 86.8 64.1
Non-cash asset impairment charges 2.1 3.3
Gain on disposal of properties, plants and equipment, net (5.8) (6.1)
Loss on disposals of businesses, net 1.7 0.0
Unrealized foreign exchange loss 1.1 2.0
Deferred income tax benefit (11.8) (69.6)
Transition tax expense 2.3 35.9
Debt extinguishment charges 13.9 0.0
Other, net 2.9 0.6
Increase (decrease) in cash from changes in certain assets and liabilities:    
Trade accounts receivable 13.3 (15.2)
Inventories (31.2) (68.0)
Deferred purchase price on sold receivables (6.9) (24.8)
Accounts payable (25.1) (2.0)
Restructuring reserves 2.2 0.9
Pension and postretirement benefit liabilities (5.8) (3.4)
Other, net (44.0) (25.2)
Net cash provided by operating activities 52.6 4.5
Cash flows from investing activities:    
Acquisitions of companies, net of cash acquired (1,828.4) 0.0
Purchases of properties, plants and equipment (63.6) (56.3)
Purchases of and investments in timber properties (2.3) (4.9)
Proceeds from the sale of properties, plants, equipment and other assets 10.6 8.5
Proceeds from the sale of businesses 0.4 1.4
Proceeds from insurance recoveries 0.2 0.0
Net cash used in investing activities (1,883.1) (51.3)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 3,190.0 533.8
Payments on long-term debt (1,228.6) (463.7)
Payment on current portion of long-term debt (18.8) 0.0
Proceeds on short-term borrowings, net 1.6 0.0
Payments on short-term borrowings, net 0.0 (5.2)
Proceeds from trade accounts receivable credit facility 42.2 2.8
Payments on trade accounts receivable credit facility (45.1) (2.8)
Dividends paid to Greif, Inc. shareholders (51.8) (49.3)
Dividends paid to noncontrolling interests (8.3) (3.4)
Payments for debt extinguishment and issuance costs (44.1) 0.0
Purchases of redeemable noncontrolling interest (11.9) 0.0
Cash contribution from noncontrolling interest holder 1.6 0.0
Net cash provided by financing activities 1,826.8 12.2
Effects of exchange rates on cash (0.7) 0.5
Net decrease in cash and cash equivalents (4.4) (34.1)
Cash and cash equivalents at beginning of period 94.2 142.3
Cash and cash equivalents at end of period $ 89.8 $ 108.2