EQUITY AND COMPREHENSIVE INCOME (LOSS)

The following table summarizes the changes of equity from October 31, 2017 to July 31, 2018 (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, 2017	47,843	$	144.2	28,999		$	(135.6	)	$	1,360.5		$	(358.2	)	$	1,010.9		$	36.6		$	1,047.5
Net income									169.3						169.3			14.7			184.0
Other comprehensive income (loss):
- foreign currency translation												(20.9		)	(20.9		)	(2.9		)	(23.8		)
- derivative financial instruments, net of income tax expense of $2.5 million									(0.6		)	8.1			7.5						7.5
- minimum pension liability adjustment, net of immaterial income tax												17.4			17.4						17.4
Comprehensive income															173.3						185.1
Current period mark to redemption value of redeemable noncontrolling interest									(1.5		)				(1.5		)				(1.5		)
Net income allocated to redeemable noncontrolling interests															—			(2.9		)	(2.9		)
Dividends paid to Greif, Inc. shareholders									(74.0		)				(74.0		)				(74.0		)
Dividends paid to noncontrolling interests															—			(3.3		)	(3.3		)
Restricted stock directors	21	1.2		(21	)	—									1.2						1.2
Long-term incentive shares issued	85	5.1		(85	)	0.2									5.3						5.3
As of July 31, 2018	47,949	$	150.5	28,893		$	(135.4	)	$	1,453.7		$	(353.6	)	$	1,115.2		$	42.2		$	1,157.4

The following table summarizes the changes of equity from October 31, 2016 to July 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										85.3						85.3			10.1			95.4
Other comprehensive income (loss):
- foreign currency translation													33.4			33.4			(1.7		)	31.7
- interest rate derivative, net of income tax expense of $2.5 million													4.0			4.0						4.0
- change in minimum pension liability adjustment from remeasurement, settlement, and amortization, net of income tax of $17.5 million													29.8			29.8						29.8
Comprehensive income																152.5						160.9
Current period mark to redemption value of redeemable noncontrolling interest										3.8						3.8						3.8
Net income allocated to redeemable noncontrolling interests																—			(3.1		)	(3.1		)
Deconsolidation of noncontrolling interest																—			(2.6		)	(2.6		)
Dividends paid to Greif, Inc. shareholders										(73.9		)				(73.9		)				(73.9		)
Dividends paid to noncontrolling interests																—			(3.1		)	(3.1		)
Treasury shares acquired	(2	)	—		2		0.1									0.1						0.1
Restricted stock executives and directors	24		1.3		(24	)	—									1.3						1.3
Long-term incentive shares issued	29		1.5		(29	)	(0.1		)							1.4						1.4
As of July 31, 2017	47,843		$	144.2	28,999		$	(135.6	)	$	1,355.2		$	(331.2	)	$	1,032.6		$	10.1		$	1,042.7

The following table provides the rollforward of accumulated other comprehensive income (loss) for the nine months ended July 31, 2018:



(in millions)	Foreign Currency Translation			Interest Rate Derivative		Minimum Pension Liability Adjustment			Accumulated Other Comprehensive Income (Loss)
Balance as of October 31, 2017	$	(249.3	)	$	5.1	$	(114.0	)	$	(358.2	)
Other Comprehensive Income (Loss)	(20.9		)	8.1		17.4			4.6
Current-period Other Comprehensive Income (Loss)	(20.9		)	8.1		17.4			4.6
Balance as of July 31, 2018	$	(270.2	)	$	13.2	$	(96.6	)	$	(353.6	)

The following table provides the rollforward of accumulated other comprehensive income (loss) for the nine months ended July 31, 2017:



(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	33.4			4.0		29.8			67.2
Current-period Other Comprehensive Income	33.4			4.0		29.8			67.2
Balance as of July 31, 2017	$	(236.8	)	$	4.0	$	(98.4	)	$	(331.2	)

The components of accumulated other comprehensive income (loss) above are presented net of tax, as applicable.