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Equity and Comprehensive Income (Loss) | 3 Months Ended
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Jan. 31, 2017
Equity [Abstract] |
Equity and Comprehensive Income (Loss) | EQUITY AND COMPREHENSIVE INCOME (LOSS) The following table summarizes the changes of equity from October 31, 2016 to January 31, 2017 (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, 2016 | 47,792 |  |  | $ | 141.4 |  |  | 29,050 |  |  | $ | (135.6 | ) |  | $ | 1,340.0 |  |  | $ | (398.4 | ) |  | $ | 947.4 |  |  | $ | 10.5 |  |  | $ | 957.9 |
Net income |  |  |  |  |  |  |  |  | 5.4 |  |  |  |  | 5.4 |  |  | 2.6 |  |  | 8.0 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
- foreign currency translation |  |  |  |  |  |  |  |  |  |  | (7.5 | ) |  | (7.5 | ) |  | (1.7 | ) |  | (9.2 | )
- interest rate derivative, net of tax |  |  |  |  |  |  |  |  |  |  | 4.6 |  |  | 4.6 |  |  |  |  | 4.6 |
- minimum pension liability adjustment, net of tax |  |  |  |  |  |  |  |  |  |  | 28.1 |  |  | 28.1 |  |  |  |  | 28.1 |
Comprehensive income |  |  |  |  |  |  |  |  |  |  |  |  | 30.6 |  |  |  |  | 31.5 |
Current period mark to redemption value of redeemable noncontrolling interest |  |  |  |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |
Net income allocated to redeemable noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1.0 | ) |  | (1.0 | )
Other |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  | 0.1 |  |  | 0.1 |
Dividends paid to Greif, Inc. shareholders |  |  |  |  |  |  |  |  | (24.5 | ) |  |  |  | (24.5 | ) |  |  |  | (24.5 | )
Dividends to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (0.3 | ) |  | (0.3 | )
Long-term incentive shares issued | 29 |  |  | 1.5 |  |  | (29 | ) |  | — |  |  |  |  |  |  | 1.5 |  |  |  |  | 1.5 |
As of January 31, 2017 | 47,821 |  |  | $ | 142.9 |  |  | 29,021 |  |  | $ | (135.6 | ) |  | $ | 1,320.9 |  |  | $ | (373.2 | ) |  | $ | 955.0 |  |  | $ | 10.2 |  |  | $ | 965.2 |
The following table summarizes the changes of equity from October 31, 2015 to January 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 (loss) |  |  |  |  |  |  |  |  | (11.1 | ) |  |  |  | (11.1 | ) |  | 1.2 |  |  | (9.9 | )
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
- foreign currency translation |  |  |  |  |  |  |  |  |  |  | (24.7 | ) |  | (24.7 | ) |  | (3.6 | ) |  | (28.3 | )
- minimum pension liability adjustment, net of income tax expense |  |  |  |  |  |  |  |  |  |  | 1.9 |  |  | 1.9 |  |  |  |  | 1.9 |
Comprehensive loss |  |  |  |  |  |  |  |  |  |  |  |  | (33.9 | ) |  |  |  | (36.3 | )
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 |  |  |  |  |  |  |  |  | 0.1 |  |  |  |  | 0.1 |  |  |  |  | 0.1 |
Reclassification of redeemable noncontrolling interest |  |  |  |  |  |  |  |  | 1.2 |  |  |  |  | 1.2 |  |  | (23.2 | ) |  | (22.0 | )
Other |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  | (0.4 | ) |  | (0.4 | )
Dividends paid to Greif, Inc. shareholders |  |  |  |  |  |  |  |  | (24.5 | ) |  |  |  | (24.5 | ) |  |  |  | (24.5 | )
Dividends paid to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  |  |  | — |
Long-term incentive shares issued | 41 |  |  | 1.0 |  |  | (41 | ) |  | 0.1 |  |  |  |  |  |  | 1.1 |  |  |  |  | 1.1 |
As of January 31, 2016 | 47,855 |  |  | $ | 140.1 |  |  | 28,987 |  |  | $ | (130.5 | ) |  | $ | 1,330.4 |  |  | $ | (400.2 | ) |  | $ | 939.8 |  |  | $ | 18.3 |  |  | $ | 958.1 |
The following table provides the rollforward of accumulated other comprehensive income (loss) for the three months ended January 31, 2017 (Dollars in millions):
| Foreign Currency Translation |  | Interest Rate Derivative |  | Minimum Pension Liability Adjustment |  | Accumulated Other Comprehensive Income (Loss)
Balance as of October 31, 2016 | $ | (270.2 | ) |  | $ | — |  |  | $ | (128.2 | ) |  | $ | (398.4 | )
Other Comprehensive Income (Loss) | (7.5 | ) |  | 4.6 |  |  | 28.1 |  |  | 25.2 |
Current-period Other Comprehensive Income (Loss) | (7.5 | ) |  | 4.6 |  |  | 28.1 |  |  | 25.2 |
Balance as of January 31, 2017 | $ | (277.7 | ) |  | $ | 4.6 |  |  | $ | (100.1 | ) |  | $ | (373.2 | )
The following table provides the rollforward of accumulated other comprehensive income (loss) for the three months ended January 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) | (24.7 | ) |  | 1.9 |  |  | (22.8 | )
Current-period Other Comprehensive Income (Loss) | (24.7 | ) |  | 1.9 |  |  | (22.8 | )
Balance as of January 31, 2016 | $ | (281.3 | ) |  | $ | (118.9 | ) |  | $ | (400.2 | )
The components of accumulated other comprehensive income (loss) above are presented net of tax, as applicable.

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