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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jul. 31, 2019
Oct. 31, 2018
Current assets    
Cash and cash equivalents $ 75.8 $ 94.2
Trade accounts receivable, less allowance of $7.3 in 2019 and $4.2 in 2018 720.3 456.7
Inventories:    
Raw materials 274.0 203.9
Work-in-process 12.9 10.0
Finished goods 126.6 75.6
Assets held for sale 2.8 4.4
Prepaid expenses 50.2 39.8
Other current assets 79.2 92.1
Total current assets 1,341.8 976.7
Long-term assets    
Goodwill 1,561.9 776.0
Other intangible assets, net of amortization 794.3 80.6
Deferred tax assets 15.3 7.9
Assets held by special purpose entities 50.9 50.9
Pension asset 12.1 10.4
Other long-term assets 98.1 100.4
Total long term assets, excluding properties, plants and equipment 2,532.6 1,026.2
Properties, plants and equipment    
Timber properties, net of depletion 272.5 274.2
Land 178.9 96.4
Buildings 527.8 431.4
Machinery and equipment 1,907.7 1,554.9
Capital projects in progress 168.2 117.2
Properties, plants and equipment, gross 3,055.1 2,474.1
Accumulated depreciation (1,377.1) (1,282.2)
Properties, plants and equipment, net 1,678.0 1,191.9
Total assets 5,552.4 3,194.8
Current liabilities    
Accounts payable 458.5 403.8
Accrued payroll and employee benefits 125.9 114.4
Restructuring reserves 11.4 4.4
Current portion of long-term debt 83.7 18.8
Short-term borrowings 8.8 7.3
Other current liabilities 148.7 121.5
Total current liabilities 837.0 670.2
Long-term liabilities    
Long-term debt 2,786.0 884.1
Deferred tax liabilities 347.4 179.8
Pension liabilities 134.7 78.0
Postretirement benefit obligations 10.8 10.7
Liabilities held by special purpose entities 43.3 43.3
Contingent liabilities and environmental reserves 18.9 6.8
Mandatorily redeemable noncontrolling interests 8.4 8.6
Long-term income tax payable 44.0 46.1
Other long-term liabilities 123.8 77.5
Total long-term liabilities 3,517.3 1,334.9
Commitments and contingencies (Note 13)
Redeemable noncontrolling interests (Note 17) 22.5 35.5
Equity    
Common stock, without par value 162.6 150.5
Treasury stock, at cost (134.8) (135.4)
Retained earnings 1,499.1 1,469.8
Accumulated other comprehensive income (loss), net of tax:    
Foreign currency translation (303.5) (292.8)
Derivative financial instruments (7.3) 13.4
Minimum pension liabilities (95.5) (97.7)
Total Greif, Inc. shareholders' equity 1,120.6 1,107.8
Noncontrolling interests 55.0 46.4
Total shareholders' equity 1,175.6 1,154.2
Total liabilities and shareholders' equity $ 5,552.4 $ 3,194.8