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RESTRUCTURING CHARGES | 12 Months Ended
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Oct. 31, 2022
Restructuring and Related Activities [Abstract] |
RESTRUCTURING CHARGES | RESTRUCTURING CHARGES The following is a reconciliation of the beginning and ending restructuring reserve balances for the years ended October 31, 2022 and 2021:
(in millions) | Employee Separation Costs |  | Other Costs |  | Total
Balance at October 31, 2020 | $ | 17.9 |  |  | $ | 3.7 |  |  | $ | 21.6 |
Costs incurred and charged to expense | 14.9 |  |  | 8.2 |  |  | 23.1 |
Costs paid or otherwise settled | (14.2) |  |  | (10.2) |  |  | (24.4) |
Balance at October 31, 2021 | $ | 18.6 |  |  | $ | 1.7 |  |  | $ | 20.3 |
Costs incurred and charged to expense | 6.3 |  |  | 6.7 |  |  | 13.0 |
Costs paid or otherwise settled | (13.7) |  |  | (7.3) |  |  | (21.0) |
Balance at October 31, 2022 | $ | 11.2 |  |  | $ | 1.1 |  |  | $ | 12.3 |
The focus for restructuring activities in 2022 was to optimize and integrate operations in the Paper Packaging & Services reportable segment and to rationalize operations and close underperforming assets in the Global Industrial Packaging reportable segment. During the year ended October 31, 2022, the Company recorded restructuring charges of $13.0 million, as compared to $23.1 million of restructuring charges recorded during the year ended October 31, 2021. The restructuring activity for the year ended October 31, 2022 consisted of $6.3 million in employee separation costs and $6.7 million in other restructuring costs, primarily consisting of professional fees and other fees associated with restructuring activities. There were seventeen plants closed or divested in 2022, and a total of 132 employees severed throughout 2022 as part of the Company’s restructuring efforts. The focus for restructuring activities in 2021 was to optimize and integrate operations in the Paper Packaging & Services reportable segment and to rationalize operations and close underperforming assets in the Global Industrial Packaging reportable segment. During 2021, the Company recorded restructuring charges of $23.1 million, consisting of $14.9 million in employee separation costs and $8.2 million in other restructuring costs, primarily consisting of professional fees and other fees associated with restructuring activities. There were five plants closed or divested and a total of 177 employees severed throughout 2021 as part of the Company’s restructuring efforts. The focus for restructuring activities in 2020 was to optimize and integrate operations in the Paper Packaging & Services reportable segment related to the acquisition of Caraustar Industries, Inc. and its subsidiaries ("Caraustar") on February 11, 2019 (the “Caraustar Acquisition”), and continue to rationalize operations and close underperforming assets in the Global Industrial Packaging segments. During 2020, the Company recorded restructuring charges of $38.7 million, consisting of $26.4 million in employee separation costs and $12.3 million in other restructuring costs, primarily consisting of professional fees incurred for services specifically associated with employee separation and relocation. There were sixteen plants closed or divested and a total of 658 employees severed throughout 2020 as part of the Company’s restructuring efforts. The following is a reconciliation of the total amounts expected to be incurred from open restructuring plans or plans that are being formulated and have not been announced as of the filing date of this Form 10-K. Remaining amounts expected to be incurred were $7.4 million as of October 31, 2022:
(in millions) | Total Amounts Expected to be Incurred |  | Amounts Incurred During the year ended October 31, 2022 |  | Amounts Remaining to be Incurred
Global Industrial Packaging: |  |  |  |  |
Employee separation costs | $ | 8.4 |  |  | $ | 4.9 |  |  | 3.5 |
Other restructuring costs | 5.9 |  |  | 4.2 |  |  | 1.7 |
| 14.3 |  |  | 9.1 |  |  | 5.2 |
Paper Packaging & Services: |  |  |  |  |
Employee separation costs | 2.4 |  |  | 1.4 |  |  | 1.0 |
Other restructuring costs | 3.7 |  |  | 2.5 |  |  | 1.2 |
| 6.1 |  |  | 3.9 |  |  | 2.2 |
Total | $ | 20.4 |  |  | $ | 13.0 |  |  | $ | 7.4 |

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI https://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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