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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jul. 31, 2011
Oct. 31, 2010
Current assets    
Cash and cash equivalents $ 109,086 $ 106,957
Trade accounts receivable, less allowance of $12,732 in 2011 and $13,117 in 2010 588,820 480,158
Inventories 484,777 396,572
Deferred tax assets 18,723 19,526
Net assets held for sale 23,036 28,407
Current portion related party notes receivable 1,714 0
Prepaid expenses and other current assets 148,992 134,269
Total current assets 1,375,148 1,165,889
Long-term assets    
Goodwill 794,794 709,725
Other intangible assets, net of amortization 241,443 173,239
Deferred tax assets 33,751 29,982
Related party notes receivable 19,538 0
Assets held by special purpose entities 50,891 50,891
Other long-term assets 100,498 93,603
Total long-term assets 1,240,915 1,057,440
Properties, plants and equipment    
Timber properties, net of depletion 215,790 215,537
Land 126,078 121,409
Buildings 446,345 411,437
Machinery and equipment 1,491,135 1,302,597
Capital projects in progress 131,493 112,300
Property, Plant and Equipment, Gross 2,410,841 2,163,280
Accumulated depreciation (1,023,012) (888,164)
Properties, plants and equipment, net 1,387,829 1,275,116
Total assets 4,003,892 3,498,445
Current liabilities    
Accounts payable 465,539 448,310
Accrued payroll and employee benefits 99,713 90,887
Restructuring reserves 14,074 20,238
Current portion of long-term debt 12,500 12,523
Short-term borrowings 117,412 60,908
Deferred tax liabilities 7,282 5,091
Other current liabilities 155,611 123,854
Total current liabilities 872,131 761,811
Long-term liabilities    
Long-term debt 1,255,823 953,066
Deferred tax liabilities 180,283 180,486
Pension liabilities 54,965 65,915
Postretirement benefit obligations 22,825 21,555
Liabilities held by special purpose entities 43,250 43,250
Other long-term liabilities 101,585 116,930
Total long-term liabilities 1,658,731 1,381,202
Shareholders' equity    
Common stock, without par value 111,354 106,057
Treasury stock, at cost (120,043) (117,394)
Retained earnings 1,405,346 1,323,477
Accumulated other comprehensive loss:    
Foreign currency translation 44,763 44,612
Interest rate and other derivatives (419) (1,505)
Minimum pension liabilities (77,312) (76,526)
Total Greif, Inc. shareholders' equity 1,363,689 1,278,721
Noncontrolling interests 109,341 76,711
Total shareholders' equity 1,473,030 1,355,432
Total liabilities and shareholders' equity $ 4,003,892 $ 3,498,445