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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jan. 31, 2019
Oct. 31, 2018
Current assets    
Cash and cash equivalents $ 84.5 $ 94.2
Trade accounts receivable, less allowance of $5.7 in 2019 and $4.2 in 2018 561.4 456.7
Inventories:    
Raw materials 235.7 203.9
Work-in-process 8.9 10.0
Finished goods 82.0 75.6
Assets held for sale 4.5 4.4
Prepaid expenses 51.3 39.8
Other current assets 81.8 92.1
Total current assets 1,110.1 976.7
Long-term assets    
Goodwill 778.2 776.0
Other intangible assets, net of amortization 77.4 80.6
Deferred tax assets 8.0 7.9
Assets held by special purpose entities 50.9 50.9
Pension asset 11.4 10.4
Other long-term assets 81.1 100.4
Total long term assets, excluding properties, plants and equipment 1,007.0 1,026.2
Properties, plants and equipment    
Timber properties, net of depletion 273.5 274.2
Land 96.7 96.4
Buildings 435.6 431.4
Machinery and equipment 1,577.6 1,554.9
Capital projects in progress 111.1 117.2
Properties, plants and equipment, gross 2,494.5 2,474.1
Accumulated depreciation (1,311.4) (1,282.2)
Properties, plants and equipment, net 1,183.1 1,191.9
Total assets 3,300.2 3,194.8
Current liabilities    
Accounts payable 377.0 403.8
Accrued payroll and employee benefits 78.3 114.4
Restructuring reserves 3.5 4.4
Current portion of long-term debt 18.8 18.8
Short-term borrowings 6.4 7.3
Liabilities held for sale 1.3 0.0
Other current liabilities 121.1 121.5
Total current liabilities 606.4 670.2
Long-term liabilities    
Long-term debt 1,060.5 884.1
Deferred tax liabilities 161.7 179.8
Pension liabilities 81.0 78.0
Postretirement benefit obligations 10.3 10.7
Liabilities held by special purpose entities 43.3 43.3
Contingent liabilities and environmental reserves 6.3 6.8
Mandatorily redeemable noncontrolling interests 8.4 8.6
Long-term income tax payable 48.2 46.1
Other long-term liabilities 78.7 77.5
Total long-term liabilities 1,498.4 1,334.9
Commitments and contingencies (Note 12)
Redeemable noncontrolling interests (Note 16) 23.9 35.5
Equity    
Common stock, without par value 161.5 150.5
Treasury stock, at cost (134.8) (135.4)
Retained earnings 1,471.9 1,469.8
Accumulated other comprehensive income (loss), net of tax:    
Foreign currency translation (288.6) (292.8)
Derivative financial instruments 7.7 13.4
Minimum pension liabilities (98.5) (97.7)
Total Greif, Inc. shareholders' equity 1,119.2 1,107.8
Noncontrolling interests 52.3 46.4
Total shareholders' equity 1,171.5 1,154.2
Total liabilities and shareholders' equity $ 3,300.2 $ 3,194.8