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Restructuring Charges (Tables)
12 Months Ended
Oct. 31, 2014
Restructuring and Related Activities [Abstract]  
Reconciliation of Beginning and Ending Restructuring Reserve Balances

The following is a reconciliation of the beginning and ended restructuring reserve balances for the years ended October 31, 2014, 2013 and 2012 (Dollars in millions):

 

     Employee
Separation
Costs
    Other costs     Total  

Balance at October 31, 2012

   $ 6.2      $ 1.8      $ 8.0   

Costs incurred and charged to expense

     2.8        2.0        4.8   

Costs paid or otherwise settled

     (7.2     (2.6     (9.8
  

 

 

   

 

 

   

 

 

 

Balance at October 31, 2013

   $ 1.8      $ 1.2      $ 3.0   
  

 

 

   

 

 

   

 

 

 

Costs incurred and charged to expense

     12.0        4.1        16.1   

Costs paid or otherwise settled

     (10.9     (4.1     (15.0
  

 

 

   

 

 

   

 

 

 

Balance at October 31, 2014

   $ 2.9      $ 1.2      $ 4.1   
  

 

 

   

 

 

   

 

 

 
Reconciliation of Total Amounts Expected to be Incurred from Open Restructuring Plans Anticipated to be Realized

The following is a reconciliation of the total amounts expected to be incurred from open restructuring plans or plans that are being formulated and have not been announced as of the date of this Form 10-K. Remaining amounts expected to be incurred were $9.2 million and $6.6 million as of October 31, 2014 and 2013, respectively. The increase was due to the formulation of new plans during the period offset by the realization of expenses from plans formulated in prior periods. (Dollars in millions):

 

     Amounts
expected to be
incurred
     Amounts
Incurred in
2014
     Amounts
remaining
to be
incurred
 

Rigid Industrial Packaging & Services:

        

Employee separation costs

   $ 11.4       $ 7.5       $ 3.9   

Other restructuring costs

     5.0         2.1         2.9   
  

 

 

    

 

 

    

 

 

 
     16.4         9.6         6.8   

Flexible Products & Services:

        

Employee separation costs

     4.7         4.5         0.2   

Other restructuring costs

     4.2         2.0         2.2   
  

 

 

    

 

 

    

 

 

 
     8.9         6.5         2.4   
  

 

 

    

 

 

    

 

 

 
   $ 25.3       $ 16.1       $ 9.2