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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Oct. 31, 2012
Oct. 31, 2011
Current assets    
Cash and cash equivalents $ 91.7 $ 127.4
Trade accounts receivable, less allowance of $17.1 in 2012 and $13.8 in 2011 453.9 561.4
Inventories 374.3 429.0
Deferred tax assets 18.9 23.7
Net assets held for sale 5.5 9.4
Current portion related party notes and advances receivable 2.5 1.7
Prepaid expenses and other current assets 117.2 132.5
Total current assets 1,064.0 1,285.1
Long-term assets    
Goodwill 976.1 1,002.6
Other intangible assets, net of amortization 198.6 228.8
Deferred tax assets 13.6 75.0
Related party notes receivable 15.7 18.3
Assets held by special purpose entities 50.9 50.9
Other long-term assets 118.3 93.4
Total long-term assets 1,373.2 1,469.0
Properties, plants and equipment    
Timber properties, net of depletion 217.8 216.0
Land 137.7 123.1
Buildings 460.0 480.4
Machinery and equipment 1,472.6 1,388.4
Capital projects in progress 149.3 140.0
Property, Plant and Equipment, Gross 2,437.4 2,347.9
Accumulated depreciation (1,017.7) (913.2)
Properties, plants and equipment, net 1,419.7 1,434.7
Total assets 3,856.9 4,188.8
Current Liabilities    
Accounts payable 466.1 493.3
Accrued payroll and employee benefits 96.1 99.8
Restructuring reserves 8.0 19.6
Current portion of long-term debt 25.0 12.5
Short-term borrowings 77.1 137.3
Deferred tax liabilities 8.1 5.1
Other current liabilities 181.6 164.4
Total current liabilities 862.0 932.0
Long-term Liabilities    
Long-term debt 1,175.3 1,371.4
Deferred tax liabilities 197.0 196.6
Pension liabilities 123.4 76.1
Postretirement benefit obligations 19.3 20.9
Liabilities held by special purpose entities 43.3 43.3
Other long-term liabilities 116.2 206.4
Total long-term liabilities 1,674.5 1,914.7
Shareholders' equity    
Common stock, without par value 123.8 113.8
Treasury stock, at cost (131.4) (132.0)
Retained earnings 1,404.4 1,376.0
Accumulated other comprehensive loss:    
- foreign currency translation (69.1) (41.9)
- interest rate and other derivatives (0.9) (0.1)
- minimum pension liabilities (126.0) (101.6)
Total Greif, Inc. shareholders' equity 1,200.8 1,214.2
Noncontrolling interests 119.6 127.9
Total shareholders' equity 1,320.4 1,342.1
Total liabilities and shareholders' equity $ 3,856.9 $ 4,188.8