XML 33 R22.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Equity and Comprehensive Income (Loss) | 9 Months Ended
--- | ---
Jul. 31, 2016
Equity [Abstract] |
Equity and Comprehensive Income (Loss) | EQUITY AND COMPREHENSIVE INCOME (LOSS) The following table summarizes the changes of equity from October 31, 2015 to July 31, 2016 (Dollars in millions, shares in thousands):
| Capital Stock |  | Treasury Stock |  | Retained Earnings |  | Accumulated Other Comprehensive Income (Loss) |  | Greif, Inc. Equity |  | Non controlling interests |  | Total Equity
| Common Shares |  | Amount |  | Treasury Shares |  | Amount |
As of October 31, 2015 | 47,814 |  |  | $ | 139.1 |  |  | 29,028 |  |  | $ | (130.6 | ) |  | $ | 1,384.5 |  |  | $ | (377.4 | ) |  | $ | 1,015.6 |  |  | $ | 44.3 |  |  | $ | 1,059.9 |
Net income |  |  |  |  |  |  |  |  | 66.4 |  |  |  |  | 66.4 |  |  | 2.6 |  |  | 69.0 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
- foreign currency translation |  |  |  |  |  |  |  |  |  |  | (5.3 | ) |  | (5.3 | ) |  | (4.3 | ) |  | (9.6 | )
- minimum pension liability adjustment, net of income tax expense |  |  |  |  |  |  |  |  |  |  | 3.5 |  |  | 3.5 |  |  |  |  | 3.5 |
Comprehensive income (loss) |  |  |  |  |  |  |  |  |  |  |  |  | 64.6 |  |  |  |  | 62.9 |
Out of period mark to redemption value of redeemable noncontrolling interest |  |  |  |  |  |  |  |  | (19.8 | ) |  |  |  | (19.8 | ) |  |  |  | (19.8 | )
Current period mark to redemption value of redeemable noncontrolling interest |  |  |  |  |  |  |  |  | (3.1 | ) |  |  |  | (3.1 | ) |  |  |  | (3.1 | )
Reclassification of redeemable noncontrolling interest |  |  |  |  |  |  |  |  | 1.2 |  |  |  |  | 1.2 |  |  | (22.8 | ) |  | (21.6 | )
Net income allocated to redeemable noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3.9 | ) |  | (3.9 | )
Other |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  | (0.4 | ) |  | (0.4 | )
Dividends paid to Greif, Inc. shareholders |  |  |  |  |  |  |  |  | (74.0 | ) |  |  |  | (74.0 | ) |  |  |  | (74.0 | )
Contributions from noncontrolling interest |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  | 0.8 |  |  | 0.8 |
Dividends to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3.9 | ) |  | (3.9 | )
Treasury shares acquired | (110 | ) |  |  |  | 110 |  |  | (5.2 | ) |  |  |  |  |  | (5.2 | ) |  |  |  | (5.2 | )
Restricted stock executives and directors | 47 |  |  | 1.3 |  |  | (47 | ) |  | 0.1 |  |  |  |  |  |  | 1.4 |  |  |  |  | 1.4 |
Long-term incentive shares issued | 41 |  |  | 1.0 |  |  | (41 | ) |  | 0.1 |  |  |  |  |  |  | 1.1 |  |  |  |  | 1.1 |
As of July 31, 2016 | 47,792 |  |  | $ | 141.4 |  |  | 29,050 |  |  | $ | (135.6 | ) |  | $ | 1,355.2 |  |  | $ | (379.2 | ) |  | $ | 981.8 |  |  | $ | 12.4 |  |  | $ | 994.2 |
The following table summarizes the changes of equity from October 31, 2014 to July 31, 2015 (Dollars in millions, shares in thousands):
| Capital Stock |  | Treasury Stock |  | Retained Earnings |  | Accumulated Other Comprehensive Income (Loss) |  | Greif, Inc. Equity |  | Non controlling interests |  | Total Equity
| Common Shares |  | Amount |  | Treasury Shares |  | Amount |
As of October 31, 2014 | 47,724 |  |  | $ | 135.5 |  |  | 29,118 |  |  | $ | (130.7 | ) |  | $ | 1,411.7 |  |  | $ | (274.4 | ) |  | $ | 1,142.1 |  |  | $ | 81.1 |  |  | $ | 1,223.2 |
Net income |  |  |  |  |  |  |  |  | 59.5 |  |  |  |  | 59.5 |  |  | (1.5 | ) |  | 58.0 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
- foreign currency translation |  |  |  |  |  |  |  |  |  |  | (87.7 | ) |  | (87.7 | ) |  | (21.8 | ) |  | (109.5 | )
- Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit |  |  |  |  |  |  |  |  |  |  | 0.1 |  |  | 0.1 |  |  |  |  | 0.1 |
- minimum pension liability adjustment, net of income tax benefit of $2.4 million |  |  |  |  |  |  |  |  |  |  | 5.5 |  |  | 5.5 |  |  |  |  | 5.5 |
Comprehensive income (loss) |  |  |  |  |  |  |  |  |  |  |  |  | (22.6 | ) |  |  |  | (45.9 | )
Acquisition of noncontrolling interest and other |  |  |  |  |  |  |  |  | (0.4 | ) |  |  |  | (0.4 | ) |  | (10.1 | ) |  | (10.5 | )
Dividends paid to Greif, Inc. shareholders |  |  |  |  |  |  |  |  | (74.0 | ) |  |  |  | (74.0 | ) |  |  |  | (74.0 | )
Dividends paid to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  | (4.0 | ) |  | (4.0 | )
Stock options exercised | 10 |  |  | 0.2 |  |  | (10 | ) |  | — |  |  |  |  |  |  | 0.2 |  |  |  |  | 0.2 |
Restricted stock executives and directors | 31 |  |  | 1.4 |  |  | (31 | ) |  | — |  |  |  |  |  |  | 1.4 |  |  |  |  | 1.4 |
Long-term incentive shares issued | 49 |  |  | 2.0 |  |  | (49 | ) |  | 0.1 |  |  |  |  |  |  | 2.1 |  |  |  |  | 2.1 |
As of July 31, 2015 | 47,814 |  |  | $ | 139.1 |  |  | 29,028 |  |  | $ | (130.6 | ) |  | $ | 1,396.8 |  |  | $ | (356.5 | ) |  | $ | 1,048.8 |  |  | $ | 43.7 |  |  | $ | 1,092.5 |
The following table provides the rollforward of accumulated other comprehensive income (loss) for the nine months ended July 31, 2016 (Dollars in millions):
| Foreign Currency Translation |  | Minimum Pension Liability Adjustment |  | Accumulated Other Comprehensive Income (Loss)
Balance as of October 31, 2015 | $ | (256.6 | ) |  | $ | (120.8 | ) |  | $ | (377.4 | )
Other Comprehensive Income (Loss) Before Reclassifications | (5.3 | ) |  | 3.5 |  |  | (1.8 | )
Current-period Other Comprehensive Income (Loss) | (5.3 | ) |  | 3.5 |  |  | (1.8 | )
Balance as of July 31, 2016 | $ | (261.9 | ) |  | $ | (117.3 | ) |  | $ | (379.2 | )
The following table provides the rollforward of accumulated other comprehensive income (loss) for the nine months ended July 31, 2015 (Dollars in millions):
| Foreign Currency Translation |  | Cash Flow Hedges |  | Minimum Pension Liability Adjustment |  | Accumulated Other Comprehensive Income (Loss)
Balance as of October 31, 2014 | $ | (144.5 | ) |  | $ | (0.1 | ) |  | $ | (129.8 | ) |  | $ | (274.4 | )
Other Comprehensive Income (Loss) Before Reclassifications | (87.7 | ) |  | — |  |  | 5.5 |  |  | (82.2 | )
Amounts reclassified from Accumulated Other Comprehensive Loss | — |  |  | 0.1 |  |  | — |  |  | 0.1 |
Current-period Other Comprehensive Income (Loss) | (87.7 | ) |  | 0.1 |  |  | 5.5 |  |  | (82.1 | )
Balance as of July 31, 2015 | $ | (232.2 | ) |  | $ | — |  |  | $ | (124.3 | ) |  | $ | (356.5 | )
The components of accumulated other comprehensive income (loss) above are presented net of tax, as applicable.

X
- Definition The entire disclosure for stockholders equity and comprehensive income. + References No definition available. + Details
Name: | gef_StockholdersEquityAndComprehensiveIncomeTextBlock
Namespace Prefix: | gef_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration