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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jul. 31, 2018
Oct. 31, 2017
Current assets    
Cash and cash equivalents $ 100.9 $ 142.3
Trade accounts receivable, less allowance of $5.0 in 2018 and $8.9 in 2017 469.2 447.0
Inventories:    
Raw materials 236.2 192.1
Work-in-process 10.2 11.5
Finished goods 88.0 75.9
Assets held for sale 2.1 2.2
Prepaid expenses 43.6 35.3
Other current assets 125.0 88.2
Total current assets 1,075.2 994.5
Long-term assets    
Goodwill 785.5 785.4
Other intangible assets, net of amortization 85.3 98.0
Deferred tax assets 10.7 10.5
Assets held by special purpose entities 50.9 50.9
Pension asset 12.2 10.3
Other long-term assets 98.0 94.3
Total long term assets, excluding properties, plants and equipment 1,042.6 1,049.4
Properties, plants and equipment    
Timber properties, net of depletion 274.2 276.2
Land 98.6 99.5
Buildings 426.0 428.3
Machinery and equipment 1,555.2 1,540.2
Capital projects in progress 105.5 80.2
Properties, plants and equipment, gross 2,459.5 2,424.4
Accumulated depreciation (1,277.9) (1,236.0)
Properties, plants and equipment, net 1,181.6 1,188.4
Total assets 3,299.4 3,232.3
Current liabilities    
Accounts payable 409.6 399.2
Accrued payroll and employee benefits 110.9 111.8
Restructuring reserves 5.0 5.2
Current portion of long-term debt 15.0 15.0
Short-term borrowings 5.5 14.5
Other current liabilities 134.2 142.2
Total current liabilities 680.2 687.9
Long-term liabilities    
Long-term debt 1,020.1 937.8
Deferred tax liabilities 149.8 217.8
Pension liabilities 80.2 159.5
Postretirement benefit obligations 11.1 12.6
Liabilities held by special purpose entities 43.3 43.3
Contingent liabilities and environmental reserves 6.7 7.1
Mandatorily redeemable noncontrolling interests 8.4 9.2
Long-term income tax payable 35.9 0.0
Other long-term liabilities 71.7 78.1
Total long-term liabilities 1,427.2 1,465.4
Commitments and contingencies (Note 12)
Redeemable noncontrolling interests (Note 17) 34.6 31.5
Equity    
Common stock, without par value 150.5 144.2
Treasury stock, at cost (135.4) (135.6)
Retained earnings 1,453.7 1,360.5
Accumulated other comprehensive income (loss), net of tax:    
Foreign currency translation (270.2) (249.3)
Derivative financial instruments 13.2 5.1
Minimum pension liabilities (96.6) (114.0)
Total Greif, Inc. shareholders' equity 1,115.2 1,010.9
Noncontrolling interests 42.2 36.6
Total shareholders' equity 1,157.4 1,047.5
Total liabilities and shareholders' equity $ 3,299.4 $ 3,232.3