XML 22 R104.htm IDEA: XBRL DOCUMENT v2.4.0.6
Quarterly Financial Data - Restatement on Consolidated Balance Sheets (Detail) (USD $)
In Millions, unless otherwise specified
Oct. 31, 2012
Jul. 31, 2012
Apr. 30, 2012
Jan. 31, 2012
Oct. 31, 2011
Jul. 31, 2011
Apr. 30, 2011
Jan. 31, 2011
Oct. 31, 2010
Oct. 31, 2009
Current assets                    
Trade accounts receivable, less allowance $ 453.9 $ 490.5 $ 498.6 $ 540.6 $ 561.4 $ 582.2 $ 515.6 $ 470.2 $ 474.9  
Inventories 374.3 393.1 380.5 389.9 429.0 482.7 454.3 413.1 395.1  
Net assets held for sale 5.5 13.8 10.9 8.3 9.4          
Prepaid expenses and other current assets 117.2 130.9 134.7 135.3 132.5 141.7 142.4 135.4 127.7  
Total current assets 1,064.0 1,144.9 1,166.8 1,215.3 1,285.1 1,359.2 1,246.6 1,174.4 1,135.9  
Long-term assets                    
Goodwill 976.1 949.9 971.5 962.3 1,002.6 792.5 729.1 695.1 707.4  
Other intangible assets, net of amortization 198.6     213.9 228.8 240.5 171.2 169.4 172.5  
Deferred tax assets 13.6 68.5 72.6 70.0 75.0 35.1 35.3 33.3 31.3  
Other long-term assets 118.3     95.7 93.4          
Total long-term assets 1,373.2 1,373.2 1,426.6 1,410.7 1,469.0 1,239.0 1,104.7 1,045.4 1,055.7  
Properties, plants and equipment                    
Machinery and equipment 1,472.6 1,366.7 1,385.3 1,365.0 1,388.4 1,488.8 1,381.9 1,323.9 1,317.5  
Total properties, plants and equipment, net 1,419.7 1,386.5 1,417.9 1,420.7 1,434.7 1,385.5 1,343.5 1,290.0 1,289.9  
Total assets 3,856.9 3,904.6 4,011.3 4,046.7 4,188.8 3,983.7 3,694.8 3,509.8 3,481.5  
Current Liabilities                    
Accounts payable 466.1 461.6 442.7 398.8 493.3 471.2 418.3 378.0 473.2  
Other current liabilities 181.6 160.5 143.5 153.1 164.4 152.7 133.7 120.3 123.5  
Total current liabilities 862.0 828.1 798.8 761.4 932.0 874.9 786.4 693.6 786.3  
Long-term Liabilities                    
Long-term debt 1,175.3 1,224.5 1,312.3 1,414.3 1,371.4          
Deferred tax liabilities 197.0 207.3 204.1 203.8 196.6 180.2 181.2 183.9 180.4  
Other long-term liabilities 116.2 194.1 196.6 188.2 206.4 103.0 116.3 118.9 122.1  
Total long-term liabilities 1,674.5 1,762.2 1,849.5 1,945.3 1,914.7 1,660.1 1,508.6 1,497.0 1,386.3  
Shareholders' equity                    
Retained earnings 1,404.4 1,402.4 1,388.3 1,373.4 1,376.0 1,379.5 1,338.1 1,312.3 1,296.3  
Foreign currency translation (69.1) (88.1) (26.9) (28.5) (41.9) 30.7 54.2 0.1 (13.7)  
Total Greif, Inc. shareholders' equity 1,200.8 1,206.7 1,252.8 1,235.7 1,214.2 1,323.8 1,303.3 1,226.3 1,193.2  
Noncontrolling interests 119.6 107.5 110.2 104.3 127.9 124.9 96.5 92.9 115.7  
Total shareholders' equity 1,320.4 1,314.3 1,363.0 1,340.0 1,342.1 1,448.7 1,399.8 1,319.2 1,308.9 1,066.8
Total liabilities and shareholders' equity 3,856.9 3,904.6 4,011.3 4,046.7 4,188.8 3,983.7 3,694.8 3,509.8 3,481.5  
As Reported [Member]
                   
Current assets                    
Trade accounts receivable, less allowance   492.8 503.9 546.8 568.6 588.8 521.4 475.8 480.2  
Inventories   398.2 385.9 394.7 432.5 484.8 456.1 414.8 396.6  
Net assets held for sale   6.6 12.9 10.3 11.4          
Prepaid expenses and other current assets   133.3 142.4 142.9 140.0 149.0 149.5 142.3 134.3  
Total current assets   1,147.5 1,187.2 1,235.9 1,305.3 1,375.2 1,261.3 1,188.6 1,149.3  
Long-term assets                    
Goodwill   952.4 973.8 964.6 1,004.9 794.8 731.4 697.4 709.7  
Other intangible assets, net of amortization       214.9 229.8 241.4 172.1 170.2 173.2  
Deferred tax assets   64.1 68.2 65.6 70.6 33.8 34.0 32.0 30.0  
Other long-term assets       94.5 92.2          
Total long-term assets   1,371.3 1,424.5 1,408.4 1,466.7 1,240.9 1,106.6 1,047.2 1,057.4  
Properties, plants and equipment                    
Machinery and equipment   1,375.1 1,385.9 1,365.6 1,389.0 1,491.1 1,384.0 1,325.9 1,319.3  
Total properties, plants and equipment, net   1,394.9 1,418.5 1,421.3 1,435.3 1,387.8 1,345.6 1,292.0 1,291.7  
Total assets   3,913.7 4,030.2 4,065.6 4,207.3 4,003.9 3,713.5 3,527.8 3,498.4  
Current Liabilities                    
Accounts payable   461.2 441.9 394.2 487.8 465.5 412.8 372.6 467.9  
Other current liabilities   166.0 148.2 157.1 167.7 155.6 135.8 121.5 123.8  
Total current liabilities   833.2 802.7 760.8 929.8 872.1 783.0 689.4 781.3  
Long-term Liabilities                    
Long-term debt   1,198.2 1,286.0 1,388.0 1,345.1          
Deferred tax liabilities   207.4 204.2 203.9 196.7 180.3 181.3 184.0 180.5  
Other long-term liabilities   188.9 188.9 182.0 203.3 101.6 110.5 113.4 116.9  
Total long-term liabilities   1,730.8 1,815.6 1,912.9 1,885.3 1,658.8 1,502.9 1,491.6 1,381.2  
Shareholders' equity                    
Retained earnings   1,415.9 1,413.6 1,401.3 1,401.7 1,405.3 1,367.0 1,340.6 1,323.5  
Foreign currency translation   (92.6) (31.4) (33.0) (46.4) 44.8 68.3 14.2 0.4  
Total Greif, Inc. shareholders' equity   1,215.7 1,273.6 1,259.1 1,235.4 1,363.7 1,346.3 1,268.7 1,234.5  
Noncontrolling interests   134.0 138.3 132.8 156.8 109.3 81.3 78.1 101.4  
Total shareholders' equity   1,349.7 1,411.9 1,391.9 1,392.2 1,473.0 1,427.6 1,346.8 1,335.9 1,087.0
Total liabilities and shareholders' equity   3,913.7 4,030.2 4,065.6 4,207.3 4,003.9 3,713.5 3,527.8 3,498.4  
Adjustments [Member]
                   
Current assets                    
Trade accounts receivable, less allowance   (2.3) (5.3) (6.2) (7.2) (6.6) (5.8) (5.6) (5.3)  
Inventories   (5.1) (5.4) (4.8) (3.5) (2.1) (1.8) (1.7) (1.5)  
Net assets held for sale   7.2 (2.0) (2.0) (2.0)          
Prepaid expenses and other current assets   (2.4) (7.7) (7.6) (7.5) (7.3) (7.1) (6.9) (6.6)  
Total current assets   (2.6) (20.4) (20.6) (20.2) (16.0) (14.7) (14.2) (13.4)  
Long-term assets                    
Goodwill   (2.5) (2.3) (2.3) (2.3) (2.3) (2.3) (2.3) (2.3)  
Other intangible assets, net of amortization       (1.0) (1.0) (0.9) (0.9) (0.8) (0.7)  
Deferred tax assets   4.4 4.4 4.4 4.4 1.3 1.3 1.3 1.3  
Other long-term assets       1.2 1.2          
Total long-term assets   1.9 2.1 2.3 2.3 (1.9) (1.9) (1.8) (1.7)  
Properties, plants and equipment                    
Machinery and equipment   (8.4) (0.6) (0.6) (0.6) (2.3) (2.1) (2.0) (1.8)  
Total properties, plants and equipment, net   (8.4) (0.6) (0.6) (0.6) (2.3) (2.1) (2.0) (1.8)  
Total assets   (9.1) (18.9) (18.9) (18.5) (20.2) (18.7) (18.0) (16.9)  
Current Liabilities                    
Accounts payable   0.4 0.8 4.6 5.5 5.7 5.5 5.4 5.3  
Other current liabilities   (5.5) (4.7) (4.0) (3.3) (2.9) (2.1) (1.2) (0.3)  
Total current liabilities   (5.1) (3.9) 0.6 2.2 2.8 3.4 4.2 5.0  
Long-term Liabilities                    
Long-term debt   26.3 26.3 26.3 26.3          
Deferred tax liabilities   (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1)  
Other long-term liabilities   5.2 7.7 6.2 3.1 1.4 5.8 5.5 5.2  
Total long-term liabilities   31.4 33.9 32.4 29.4 1.3 5.7 5.4 5.1  
Shareholders' equity                    
Retained earnings   (13.5) (25.3) (27.9) (25.7) (25.8) (28.9) (28.3) (27.2)  
Foreign currency translation   4.5 4.5 4.5 4.5 (14.1) (14.1) (14.1) (14.1)  
Total Greif, Inc. shareholders' equity   (9.0) (20.8) (23.4) (21.2) (39.9) (43.0) (42.4) (41.3)  
Noncontrolling interests   (26.5) (28.1) (28.5) (28.9) 15.6 15.2 14.8 14.3  
Total shareholders' equity   (35.4) (48.9) (51.9) (50.1) (24.3) (27.8) (27.6) (27.0) (20.2)
Total liabilities and shareholders' equity   $ (9.1) $ (18.9) $ (18.9) $ (18.5) $ (20.2) $ (18.7) $ (18.0) $ (16.9)