Greif (GEF) 10-Q 2 Sep 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jul. 31, 2016	Aug. 30, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jul. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Trading Symbol	GEF
Entity Registrant Name	GREIF INC
Entity Central Index Key	43,920
Current Fiscal Year End Date	--10-31
Entity Filer Category	Large Accelerated Filer
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		25,781,791
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		22,009,725

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Net sales	$ 845	$ 930	$ 2,456	$ 2,748.2
Cost of products sold	668.5	763.2	1,954.5	2,246.4
Gross profit	176.5	166.8	501.5	501.8
Selling, general and administrative expenses	92.6	96.9	280.3	317.2
Restructuring charges	10.2	16.2	17.9	26.7
Timberland gains	0	0	0	(24.3)
Non-cash asset impairment charges	4.1	17.6	44.9	22.3
Gain on disposal of properties, plants and equipment, net	(0.7)	(7)	(9.5)	(9.3)
(Gain) loss on disposal of businesses, net	(1.3)	(1.1)	(4.1)	8.5
Operating profit	71.6	44.2	172	160.7
Interest expense, net	19.8	18.4	58.2	56.2
Other (income) expense , net	2.7	(1.6)	7.4	1
Income before income tax expense and equity earnings of unconsolidated affiliates, net	49.1	27.4	106.4	103.5
Income tax expense	3.5	18.7	38.2	45.8
Equity earnings of unconsolidated affiliates, net of tax	(0.8)	(0.6)	(0.8)	(0.3)
Net income	46.4	9.3	69	58
Net (income) loss attributable to noncontrolling interests	(0.3)	(0.7)	(2.6)	1.5
Net income attributable to Greif, Inc.	$ 46.1	$ 8.6	$ 66.4	$ 59.5
Class A Common Stock
Basic earnings per share attributable to Greif, Inc. common shareholders:
Basic earnings per share attributable to Greif, Inc. common shareholders (usd per share)	$ 0.78	$ 0.15	$ 1.13	$ 1.02
Diluted earnings per share attributable to Greif, Inc. common shareholders:
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share)	$ 0.78	$ 0.15	$ 1.13	$ 1.02
Weighted-average number of common shares outstanding:
Weighted-average number of common shares outstanding, basic (shares)	25,781,146	25,692,973	25,746,797	25,659,750
Weighted-average number of common shares outstanding, diluted (shares)	25,783,184	25,698,547	25,747,146	25,665,324
Cash dividends declared per common share:
Cash dividends declared per common share (usd per share)	$ 0.42	$ 0.42	$ 1.26	$ 1.26
Class B Common Stock
Basic earnings per share attributable to Greif, Inc. common shareholders:
Basic earnings per share attributable to Greif, Inc. common shareholders (usd per share)	1.18	0.22	1.69	1.51
Diluted earnings per share attributable to Greif, Inc. common shareholders:
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share)	$ 1.18	$ 0.22	$ 1.69	$ 1.51
Weighted-average number of common shares outstanding:
Weighted-average number of common shares outstanding, basic (shares)	22,000,000	22,100,000	22,100,000	22,100,000
Weighted-average number of common shares outstanding, diluted (shares)	22,000,000	22,100,000	22,100,000	22,100,000
Cash dividends declared per common share:
Cash dividends declared per common share (usd per share)	$ 0.63	$ 0.63	$ 1.88	$ 1.88

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 46.4	$ 9.3	$ 69	$ 58
Other comprehensive income (loss), net of tax:
Foreign currency translation	(27.6)	5.6	(9.6)	(109.5)
Net reclassification of cash flow hedges to earnings	0	0	0	0.1
Minimum pension liabilities, net	2.9	(0.9)	3.5	5.5
Other comprehensive income (loss), net of tax	(24.7)	4.7	(6.1)	(103.9)
Comprehensive income (loss)	21.7	14	62.9	(45.9)
Comprehensive income (loss) attributable to noncontrolling interests	(3.4)	2.8	(1.7)	(23.3)
Comprehensive income (loss) attributable to Greif, Inc.	$ 25.1	$ 11.2	$ 64.6	$ (22.6)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jul. 31, 2016	Oct. 31, 2015
Current assets
Cash and cash equivalents	$ 94.3	$ 106.2
Trade accounts receivable, less allowance of $9.2 in 2016 and $11.8 in 2015	418.1	403.7
Inventories	288.5	297
Deferred tax assets	0	25.4
Assets held for sale	11.7	16.9
Prepaid expenses and other current assets	133.7	159.3
Total current assets	946.3	1,008.5
Long-term assets
Goodwill	791	807.1
Other intangible assets, net of amortization	119.8	132.7
Deferred tax assets	10.9	7.8
Assets held by special purpose entities	50.9	50.9
Other long-term assets	92	91
Total long-term assets	1,064.6	1,089.5
Properties, plants and equipment
Timber properties, net of depletion	278	277.1
Land	104.2	106.3
Buildings	389.7	410.4
Machinery and equipment	1,463.4	1,457.9
Capital projects in progress	98.3	78
Properties, plants and equipment, gross	2,333.6	2,329.7
Accumulated depreciation	(1,160.6)	(1,112)
Properties, plants and equipment, net	1,173	1,217.7
Total assets	3,183.9	3,315.7
Current liabilities
Accounts payable	340.5	355.3
Accrued payroll and employee benefits	90.2	83.5
Restructuring reserves	14.8	21.3
Current portion of long-term debt	300.3	30.7
Short-term borrowings	55.2	40.7
Deferred tax liabilities	0	2.4
Liabilities held for sale	0	1.8
Other current liabilities	113.3	111.3
Total current liabilities	914.3	647
Long-term liabilities
Long-term debt	758.6	1,116.2
Deferred tax liabilities	191.7	214.9
Pension liabilities	144.7	141.1
Postretirement benefit obligations	13.4	14.9
Liabilities held by special purpose entities	43.3	43.3
Contingent liabilities and environmental reserves	9	8.2
Other long-term liabilities	82.4	70.2
Total long-term liabilities	1,243.1	1,608.8
Commitments and Contingencies
Redeemable Noncontrolling Interest	32.3	0
Equity
Common stock, without par value	141.4	139.1
Treasury stock, at cost	(135.6)	(130.6)
Retained earnings	1,355.2	1,384.5
Accumulated other comprehensive loss:
-foreign currency translation	(261.9)	(256.6)
-minimum pension liabilities	(117.3)	(120.8)
Total Greif, Inc. equity	981.8	1,015.6
Noncontrolling interests	12.4	44.3
Total equity	994.2	1,059.9
Total liabilities and equity	$ 3,183.9	$ 3,315.7

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) - USD ($) $ in Millions	Jul. 31, 2016	Oct. 31, 2015
Statement of Financial Position [Abstract]
Allowance of trade accounts receivable	$ 9.2	$ 11.8

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015
Cash flows from operating activities:
Net income	$ 69	$ 58
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, depletion and amortization	95.8	100.9
Timberland gains	0	(24.3)
Non-cash asset impairment charges	44.9	22.3
Gain on disposals of properties, plants and equipment, net	(9.5)	(9.3)
(Gain) Loss on disposals of businesses, net	(4.1)	8.5
Unrealized foreign exchange (gain) loss	4.1	(2.8)
Deferred income tax expense	(2.8)	(3.3)
Gain from Venezuela monetary assets and liabilities remeasurement	0	(4.9)
Loss for Venezuela non-monetary assets to net realizable value	0	9.3
Other, net	0	(1.4)
Increase (decrease) in cash from changes in certain assets and liabilities:
Trade accounts receivable	(29.5)	3.3
Inventories	(3.6)	11.7
Deferred purchase price on sold receivables	(20.2)	(10.8)
Accounts payable	7.3	(74.8)
Restructuring reserves	(6.4)	13.5
Pension and postretirement benefit liabilities	(1.6)	(1.5)
Other, net	14.6	(21)
Net cash provided by operating activities	158	73.4
Cash flows from investing activities:
Acquisitions of companies, net of cash acquired	(0.4)	(1.5)
Collection of subordinated note receivable	44.2	0
Purchases of properties, plants and equipment	(71.4)	(108.2)
Purchases of and investments in timber properties	(4.7)	(38.2)
Purchases of properties, plants and equipment with insurance proceeds	(4.4)	0
Proceeds from the sale of properties, plants, equipment and other assets	10.9	46.8
Proceeds from the sale of businesses	23.8	18.9
Proceeds from insurance recoveries	6.6	3.4
Net cash provided by (used in) investing activities	4.6	(78.8)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	919.5	643.4
Payments on long-term debt	(937.5)	(576)
Proceeds from short-term borrowings, net	8.5	18
Proceeds from trade accounts receivable credit facility	58.5	115.7
Payments on trade accounts receivable credit facility	(131)	(79.9)
Dividends paid to Greif, Inc. shareholders	(74)	(74)
Dividends paid to noncontrolling interests	(4.8)	(4)
Exercise of stock options	0	0.2
Acquisitions of treasury stock	(5.2)	0
Purchases of redeemable noncontrolling interest	(6)	0
Cash contribution from noncontrolling interest holder	0.8	0
Net cash provided by (used in) financing activities	(171.2)	43.4
Effects of exchange rates on cash	(3.3)	(21.4)
Net increase (decrease) in cash and cash equivalents	(11.9)	16.6
Cash and cash equivalents at beginning of period	106.2	85.1
Cash and cash equivalents at end of period	$ 94.3	$ 101.7

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	9 Months Ended
	Jul. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The condensed consolidated financial statements have been prepared in accordance with the U.S. Securities and Exchange Commission (“SEC”) instructions to Quarterly Reports on Form 10-Q and include all of the information and disclosures required by accounting principles generally accepted in the United States (“GAAP”) for interim financial reporting. The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual amounts could differ from those estimates. The Company’s fiscal year begins on November 1 and ends on October 31 of the following year. Any references to the year 2016 or 2015 , or to any quarter of those years, relates to the fiscal year or quarter, as the case may be, ended in that year. The information furnished herein reflects all adjustments which are, in the opinion of management, necessary for a fair presentation of the condensed consolidated balance sheets as of July 31, 2016 and October 31, 2015 , the condensed consolidated statements of income and comprehensive income (loss) for the three and nine months ended July 31, 2016 and 2015 and the condensed consolidated statements of cash flows for the nine month periods ended July 31, 2016 and 2015 of Greif, Inc. and its subsidiaries (the “Company”). The condensed consolidated financial statements include the accounts of Greif, Inc., all wholly-owned and consolidated subsidiaries and investments in limited liability companies, partnerships and joint ventures in which it has controlling influence or is the primary beneficiary. Non-majority owned entities include investments in limited liability companies, partnerships and joint ventures in which the Company does not have controlling influence and are accounted for using either the equity or cost method, as appropriate. The unaudited condensed consolidated financial statements included in the Quarterly Report on Form 10-Q (this “Form 10-Q”) should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for its fiscal year ended October 31, 2015 (the “2015 Form 10-K”). Recently Issued Accounting Standards In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2015-3, “Interest: Imputation of Interest (Subtopic 835-30).” The objective of this update is to simplify the presentation of debt issuance costs in the financial statements. Under this ASU, the Company would present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset; amortization of the costs is reported as interest expense. This ASU is effective for annual periods beginning after December 15, 2015. The Company would apply the new guidance retrospectively to all prior periods (i.e., the balance sheet for each period would be adjusted). This ASU requires the Company to “disclose in the first fiscal year after the entity’s adoption date, and in the interim periods within the first fiscal year, the following: (1)the nature and reason for the change in accounting principle; (2) the transition method; (3) a description of the prior-period information that has been retrospectively adjusted; and (4) the effect of the change on the financial statement line item (that is, the debt issuance costs asset and the debt liability).” The Company is expected to adopt this guidance beginning on November 1, 2016 and the adoption of this new guidance is not expected to have a material impact on the Company’s financial position, results of operations, comprehensive income (loss) or cash flows, other than the related disclosures. In February 2015, the FASB issued ASU 2015-2, “Consolidation (Topic 810): Amendments to the Consolidation Analysis,” which makes changes to both the variable interest model and voting interest model and eliminates the indefinite deferral of FASB Statement No. 167, included in ASU 2010-10, for certain investment funds. All reporting entities that hold a variable interest in other legal entities will need to re-evaluate their consolidation conclusions as well as disclosure requirements. This ASU is effective for annual periods beginning after December 15, 2015 and early adoption is permitted, including any interim period. The Company is in the process of analyzing the impact of adopting this guidance, however it is not expected to have a material impact on the Company's financial position, results of operations, comprehensive income (loss) or cash flows, other than the related disclosures. In May 2014, the FASB issued ASU No. 2014-9, “Revenue from Contracts with Customers (Topic 606),” which supersedes the revenue recognition requirements in Accounting Standards Codification (“ASC”) 605, Revenue Recognition. This ASU is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. The update is effective in fiscal year 2019 using one of two retrospective application methods. The Company is in the process of determining the potential impact of adopting this guidance on its financial position, results of operations, comprehensive income (loss), cash flows and disclosures. In August 2014, the FASB issued ASU 2014-15, “Presentation of Financial Statements-Going Concern: Disclosure of Uncertainties about an Entity’s Ability to Continue as Going Concern.” The objective of this update is to reduce the diversity in the timing and content of footnote disclosures related to going concern. The amendments require management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. This update applies to all entities that would be required to disclose information about their potential inability to continue as a going concern when “substantial doubt” about their ability to continue as a going concern exists. The Company will be required to evaluate “relevant conditions and events that are known and reasonably knowable at the date that the financial statements are issued.” The Company will have to document its consideration of this ASU, but not because the Company believes there is substantial doubt about its ability to continue as a going concern. The Company is expected to adopt this guidance beginning November 1, 2017, and the adoption of the new guidance is not expected to impact the Company’s financial position, results of operations, comprehensive income (loss) or cash flows, other than the related disclosures. In February 2016, the FASB issued ASU 2016-2, “Leases (Topic 842),” which amends the lease accounting and disclosure requirements in ASC 842, Leases. The objective of this update is to increase transparency and comparability among organizations recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about lease arrangements. This ASU will require the recognition of lease assets and lease liabilities for those leases classified as operating leases under previous GAAP. The update is effective in fiscal year 2020 using a modified retrospective approach. The Company is in the process of determining the potential impact of adopting this guidance on its financial position, results of operations, comprehensive income (loss), cash flows and disclosures. In March 2016, the FASB issued ASU 2016-9, “Improvements to Employee Share-Based Payment Accounting,” which simplifies several aspects of the accounting for employee share-based payment transaction. This ASU is effective for annual periods beginning after December 15, 2016 and early adoption is permitted, including any interim period. The Company is in the process of determining the potential impact of adopting this guidance on its financial position, results of operations, comprehensive income (loss), cash flows, and disclosures. Newly Adopted Accounting Standards In November 2015, the FASB issued ASU 2015-17, “Balance Sheet Classification of Deferred Tax Items.” This ASU amends ASC 740-10-45-4, which now states that in a classified statement of financial position, an entity must classify deferred tax liabilities and assets as noncurrent amounts. This ASU also supersedes ASC 740-10-45-5, which required the valuation allowance for a particular tax jurisdiction to be allocated between current and noncurrent deferred tax assets for that tax jurisdiction on a pro rata basis. For public companies, this ASU is effective for periods beginning after December 15, 2016. The Company elected to adopt the new guidance beginning February 1, 2016 prospectively, resulting in deferred tax liabilities and assets being classified as noncurrent on the Company’s balance sheet. Prior periods were not retrospectively adjusted. The adoption did not have a material impact on the Company’s financial position, results of operations, comprehensive income (loss) or cash flows. Refer to Note 11 herein for additional disclosures regarding the adoption of this new guidance.

Acquisitions and Divestitures

Acquisitions and Divestitures	9 Months Ended
	Jul. 31, 2016
Business Combinations [Abstract]
Acquisitions and Divestitures	ACQUISITIONS AND DIVESTITURES The Company completed four divestitures and no material acquisitions for the nine months ended July 31, 2016 . The divestitures were of nonstrategic businesses, three in the Rigid Industrial Packaging & Services and one in Flexible Products & Services segments. The gain on the disposal of businesses was $4.1 million for the nine months ended July 31, 2016 . Proceeds from divestitures were $25.2 million . Additionally, the Company recorded notes receivable of $2.4 million for the sale of two of the businesses sold in the second quarter of 2016 , which are expected to be collected in the fourth quarter of 2017. Proceeds from divestitures completed in fiscal year 2015 and collected during the nine months ended July 31, 2016 were $1.0 million . The Company has $4.4 million of notes receivable recorded from the sale of businesses, ranging in remaining term from fourteen months to twenty-nine months . The Company completed eight divestitures and no material acquisitions for the nine months ended July 31, 2015 . The divestitures were of nonstrategic businesses, six in the Rigid Industrial Packaging & Services segment and two in the Flexible Products & Services segment. The loss on disposal of businesses was $8.5 million for the nine months ended July 31, 2015 . Proceeds from divestitures were $18.9 million .

Sale of Non-United States Accou

Sale of Non-United States Accounts Receivable	9 Months Ended
	Jul. 31, 2016
Receivables [Abstract]
Sale of Non-United States Accounts Receivable	SALE OF NON-UNITED STATES ACCOUNTS RECEIVABLE On April 27, 2012, Cooperage Receivables Finance B.V. (the “Main SPV”) and Greif Coordination Center BVBA, an indirect wholly owned subsidiary of Greif, Inc. (“Seller”), entered into the Nieuw Amsterdam Receivables Purchase Agreement (the “European RPA”) with affiliates of a major international bank (the “Purchasing Bank Affiliates”). On April 20, 2015, the Main SPV and Seller amended and extended the term of the existing European RPA. Under the European RPA, as amended, the number of entities participating in the agreement have decreased. Additionally, the terms have been amended to decrease the maximum amount of receivables that may be sold and outstanding under the European RPA at any time to €100.0 million ( $110.6 million as of July 31, 2016 ). Under the terms of the European RPA, the Company has the ability to loan excess cash to the Purchasing Bank Affiliates in the form of a subordinated loan receivable. As of October 31, 2015 , the Company had loaned $44.2 million of excess cash back to the Purchasing Bank Affiliates. During the nine months ended July 31, 2016 , the Company collected the full balance of the subordinated note receivable. Under the terms of the European RPA, the Company has agreed to sell trade receivables meeting certain eligibility requirements that the Seller had purchased from other of our indirect wholly-owned subsidiaries under a factoring agreement. The structure of the transactions provide for a legal true sale, on a revolving basis, of the receivables transferred from our various subsidiaries to the respective banks and their affiliates. The purchaser funds an initial purchase price of a certain percentage of eligible receivables based on a formula, with the initial purchase price approximating 75 percent to 90 percent of eligible receivables. The remaining deferred purchase price is settled upon collection of the receivables. At the balance sheet reporting dates, we remove from accounts receivable the amount of proceeds received from the initial purchase price since they meet the applicable criteria of ASC 860, “Transfers and Servicing,” and we continue to recognize the deferred purchase price in accounts receivable. The receivables are sold on a non-recourse basis with the total funds in the servicing collection accounts pledged to the banks between settlement dates. In October 2007, Greif Singapore Pte. Ltd., an indirect wholly-owned subsidiary of Greif, Inc., entered into the Singapore Receivable Purchase Agreement (the “Singapore RPA”) with a major international bank. The maximum amount of aggregate receivables that may be financed under the Singapore RPA is 15.0 million Singapore Dollars ( $11.1 million as of July 31, 2016 ). The table below contains certain information related to the Company’s accounts receivables programs (Dollars in millions): Three Months Ended Nine Months Ended 2016 2015 2016 2015 European RPA Gross accounts receivable sold to third party financial institution $ 160.0 $ 165.9 $ 463.3 $ 552.6 Cash received for accounts receivable sold under the programs 140.7 147.1 409.2 489.5 Deferred purchase price related to accounts receivable sold 19.3 18.8 53.7 63.1 Loss associated with the programs 0.2 0.3 0.7 1.2 Expenses associated with the programs — — — — Singapore RPA Gross accounts receivable sold to third party financial institution $ 11.4 $ 12.0 $ 32.5 $ 36.4 Cash received for accounts receivable sold under the program 11.4 12.0 32.5 36.4 Deferred purchase price related to accounts receivable sold — — — — Loss associated with the program — — — — Expenses associated with the program — — — 0.1 Total RPAs Gross accounts receivable sold to third party financial institution $ 171.4 $ 177.9 $ 495.8 $ 589.0 Cash received for accounts receivable sold under the program 152.1 159.1 441.7 525.9 Deferred purchase price related to accounts receivable sold 19.3 18.8 53.7 63.1 Loss associated with the program 0.2 0.3 0.7 1.2 Expenses associated with the program — — — 0.1 The table below contains certain information related to the Company’s accounts receivables programs and the impact it has on the condensed consolidated balance sheets (Dollars in millions): July 31, October 31, European RPA Accounts receivable sold to and held by third party financial institution $ 116.8 $ 114.8 Uncollected deferred purchase price related to accounts receivable sold 25.9 — Deferred purchase price liability related to accounts receivable sold — (1.5 ) Singapore RPA Accounts receivable sold to and held by third party financial institution $ 3.5 $ 4.0 Uncollected deferred purchase price related to accounts receivable sold — — Total RPAs Accounts receivable sold to and held by third party financial institution $ 120.3 $ 118.8 Uncollected deferred purchase price related to accounts receivable sold 25.9 — Deferred purchase price liability related to accounts receivable sold — (1.5 ) The deferred purchase price related to the accounts receivable sold is reflected as prepaid expenses and other current assets or other current liabilities on the Company’s consolidated balance sheet and was initially recorded at an amount which approximates its fair value due to the short-term nature of these items. The cash received initially and the deferred purchase price relate to the sale or ultimate collection of the underlying receivables and are not subject to significant other risks given their short nature; therefore, the Company reflects all cash flows under the accounts receivable sales programs as operating cash flows on the Company’s consolidated statements of cash flows. Additionally, the Company performs collections and administrative functions on the receivables sold, similar to the procedures it uses for collecting all of its receivables, including receivables that are not sold under the European RPA and the Singapore RPA. The servicing liability for these receivables is not material to the consolidated financial statements.

Inventories

Inventories	9 Months Ended
	Jul. 31, 2016
Inventory Disclosure [Abstract]
Inventories	INVENTORIES Inventories are stated at the lower of cost or market and are summarized as follows (Dollars in millions): July 31, October 31, Raw materials $ 191.1 $ 190.7 Work-in-process 12.8 18.3 Finished Goods 84.6 88.0 $ 288.5 $ 297.0

Assets and Liabilities Held for

Assets and Liabilities Held for Sale and Disposals of Properties, Plants and Equipment, Net, and Timberland Gains	9 Months Ended
	Jul. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]
Assets and Liabilities Held for Sale and Disposals of Properties, Plants and Equipment, Net, and Timberland Gains	ASSETS AND LIABILITIES HELD FOR SALE AND DISPOSALS OF PROPERTIES, PLANTS AND EQUIPMENT, NET, AND TIMBERLAND GAINS The following table presents assets and liabilities classified as held for sale as of July 31, 2016 and October 31, 2015 (Dollars in millions): July 31, October 31, Trade accounts receivable, less allowance $ — $ 2.3 Inventories — 1.6 Properties, plants and equipment, net 11.7 8.1 Other assets — 4.9 Assets held for sale 11.7 16.9 Accounts payable — 1.8 Liabilities held for sale $ — $ 1.8 As of July 31, 2016 , there was one asset group within the Rigid Industrial Packaging & Services segment and one asset group in the Flexible Products & Services segment classified as assets held for sale. The assets held for sale are being marketed for sale, and it is the Company’s intention to complete the sales of these assets within the next twelve months. As of October 31, 2015 , there were four asset groups in the Rigid Industrial Packaging & Services segment and one asset group in the Flexible Products & Services segment classified as assets and liabilities held for sale. For the three months ended July 31, 2016 , the Company recorded a gain on disposal of properties, plants and equipment, net of $0.7 million . This included disposals of assets in the Flexible Products & Services segment classified as held for sale that resulted in gains of $0.4 million , insurance recoveries that resulted in gains of $0.2 million in the Paper Packaging segment, other net gains totaling $0.3 million , offset by disposals of an asset in the Rigid Industrial Packaging & Services segment classified as held for sale that resulted in a loss of $0.2 million For the nine months ended July 31, 2016 , the Company recorded a gain on disposal of properties, plants and equipment, net of $9.5 million . This included insurance recoveries that resulted in gains of $6.4 million in the Rigid Industrial Packaging & Services segment, disposals of assets in the Flexible Products & Services segment classified as held for sale that resulted in gains of $1.3 million , sales of surplus properties in the Land Management segment that resulted in gains of $0.9 million , insurance recoveries that resulted in gains of $0.2 million in the Paper Packaging segment, and other net gains totaling an additional $0.7 million . For the three months ended July 31, 2015 , the Company recorded a gain on disposal of properties, plants and equipment, net of $7.0 million . This includes sales of HBU and surplus properties that resulted in gains of $1.5 million in the Land Management segment, a disposal of an asset group previously classified as held for sale in the Rigid Industrial Packaging & Services segment that resulted in a gain of $4.4 million , and other net gains and insurance recoveries totaling an additional $1.1 million . For the nine months ended July 31, 2015 , the Company recorded a gain on disposal of properties, plants and equipment, net of $9.3 million . This includes sales of HBU and surplus properties that resulted in gains of $2.7 million in the Land Management segment, and other net gains and insurance recoveries within the Rigid Industrial Packaging & Services segment that resulted in gains of $6.6 million For the three and nine months ended July 31, 2016 , the Company recorded no gains relating to the sale of timberland. For the three and nine months ended July 31, 2015 , the Company recorded no gains and gains of $24.3 million , respectively.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Jul. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	GOODWILL AND OTHER INTANGIBLE ASSETS The following table summarizes the changes in the carrying amount of goodwill by segment for the nine month period ended July 31, 2016 (Dollars in millions): Rigid Industrial Packaging & Services Paper Packaging & Services Total Balance at October 31, 2015 $ 747.6 $ 59.5 $ 807.1 Goodwill acquired — — — Goodwill allocated to divestitures and businesses held for sale (1) 3.4 — 3.4 Goodwill adjustments — — — Goodwill impairment charge (2) (21.0 ) (21.0 ) Currency translation 1.5 — 1.5 Balance at July 31, 2016 $ 731.5 $ 59.5 $ 791.0 (1) Goodwill previously allocated to divestitures and businesses held for sale that was impaired during the first quarter of 2016. (2) Goodwill impairment charge recorded for businesses reclassified to held for sale during the nine months ended July 31, 2016. As of July 31, 2016 and October 31, 2015 , the accumulated goodwill impairment loss was $50.3 million in the Flexible Products & Services segment. The following table summarizes the carrying amount of net other intangible assets by class as of July 31, 2016 and October 31, 2015 (Dollars in millions): Gross Intangible Assets Accumulated Amortization Net Intangible Assets July 31, 2016: Indefinite lived: Trademarks and patents $ 13.1 $ — $ 13.1 Definite lived: Customer relationships 177.9 89.0 88.9 Trademarks and patents 12.1 4.6 7.5 Non-compete agreements 1.1 1.0 0.1 Other 23.9 13.7 10.2 Total $ 228.1 $ 108.3 $ 119.8 October 31, 2015: Indefinite lived: Trademarks and patents $ 13.1 $ — $ 13.1 Definite lived: Customer relationships 180.7 81.7 99.0 Trademarks and patents 12.4 4.2 8.2 Non-compete agreements 4.9 4.5 0.4 Other 24.2 12.2 12.0 Total $ 235.3 $ 102.6 $ 132.7 Amortization expense for the three months ended July 31, 2016 and 2015 was $4.2 million and $4.5 million , respectively. Amortization expense for the nine months ended July 31, 2016 and 2015 was $12.7 million and $13.9 million , respectively. Amortization expense for the next five years is expected to be $16.9 million in 2016, $16.1 million in 2017, $15.7 million in 2018, $15.7 million in 2019 and $15.1 million in 2020. Definite lived intangible assets for the periods presented are subject to amortization and are being amortized using the straight-line method over periods that are contractually, legally determined, or over the period a market participant would benefit from the asset.

Restructuring Charges

Restructuring Charges	9 Months Ended
	Jul. 31, 2016
Restructuring and Related Activities [Abstract]
Restructuring Charges	RESTRUCTURING CHARGES The following is a reconciliation of the beginning and ending restructuring reserve balances for the nine month period ended July 31, 2016 (Dollars in millions): Employee Separation Costs Other Costs Total Balance at October 31, 2015 $ 14.7 $ 6.6 $ 21.3 Costs incurred and charged to expense 10.7 7.2 17.9 Costs paid or otherwise settled (16.6 ) (7.8 ) (24.4 ) Balance at July 31, 2016 $ 8.8 $ 6.0 $ 14.8 The focus for restructuring activities in 2016 is to continue to rationalize operations and close underperforming assets throughout all segments. During the three months ended July 31, 2016 , the Company recorded restructuring charges of $10.2 million , which compares to $16.2 million of restructuring charges recorded during the three months ended July 31, 2015 . The restructuring activity for the three months ended July 31, 2016 consisted of $5.3 million in employee separation costs and $4.9 million in other restructuring costs, primarily consisting of professional fees incurred for services specifically associated with employee separation and relocation. During the nine months ended July 31, 2016 , the Company recorded restructuring charges of $17.9 million , which compares to $26.7 million of restructuring charges recorded during the nine months ended July 31, 2015 . The restructuring activity for the nine months ended July 31, 2016 consisted of $10.7 million in employee separation costs and $7.2 million in other restructuring costs, primarily consisting of professional fees incurred for services specifically associated with employee separation and relocation. The following is a reconciliation of the total amounts expected to be incurred from approved restructuring plans or plans that are being formulated and have not been announced as of the date of this Form 10-Q. Remaining amounts expected to be incurred are $12.9 million as of July 31, 2016 compared to $14.7 million as of October 31, 2015 . The change was due to the formulation of new plans during the period offset by the realization of expenses from plans formulated in prior periods. (Dollars in millions): Total Amounts Expected to be Incurred Amount expensed during the nine month period ended July 31, 2016 Amounts Remaining to be Incurred Rigid Industrial Packaging & Services Employee separation costs $ 17.4 $ 6.6 $ 10.8 Other restructuring costs 5.0 4.6 0.4 22.4 11.2 11.2 Flexible Products & Services Employee separation costs 5.5 3.8 1.7 Other restructuring costs 1.8 1.8 — 7.3 5.6 1.7 Paper Packaging & Services Employee separation costs 0.3 0.3 — Other restructuring costs 0.8 0.8 — 1.1 1.1 — $ 30.8 $ 17.9 $ 12.9

Consolidation of Variable Inter

Consolidation of Variable Interest Entities	9 Months Ended
	Jul. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidation of Variable Interest Entities	CONSOLIDATION OF VARIABLE INTEREST ENTITIES The Company evaluates whether an entity is a variable interest entity (“VIE”) whenever reconsideration events occur and performs reassessments of all VIEs quarterly to determine if the primary beneficiary status is appropriate. The Company consolidates VIEs for which it is the primary beneficiary. If the Company is not the primary beneficiary and an ownership interest is held, the VIE is accounted for under the equity or cost methods of accounting, as appropriate. The primary beneficiary is the variable interest that has the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance; and the obligation to absorb the expected losses and/or the right to receive the expected returns of the VIE. Significant Nonstrategic Timberland Transactions In 2005, the Company sold certain timber properties to Plum Creek Timberlands, L.P. (“Plum Creek”) in a series of transactions that included the creation of two separate legal entities that are now consolidated as separate VIEs. One is an indirect subsidiary of Plum Creek (the “Buyer SPE”), and the other is STA Timber LLC, an indirect wholly owned subsidiary of the Company (“STA Timber”). As of July 31, 2016 and October 31, 2015 , consolidated assets of Buyer SPE consisted of $50.9 million of restricted bank financial instruments which are expected to be held to maturity. For both of the three month periods ended July 31, 2016 and 2015 , Buyer SPE recorded interest income of $0.6 million . For both of the nine month periods ended July 31, 2016 and 2015 , Buyer SPE recorded interest income of $1.8 million . As of July 31, 2016 and October 31, 2015 , STA Timber had consolidated long-term debt of $43.3 million . For both of the three month periods ended July 31, 2016 and 2015 , STA Timber recorded interest expense of $0.5 million . For both of the nine month periods ended July 31, 2016 and 2015 , STA timber recorded interest expense of $1.7 million . The intercompany borrowing arrangement between the two VIEs is eliminated in consolidation. STA Timber is exposed to credit-related losses in the event of nonperformance by an issuer of a deed of guarantee in the transaction. Flexible Packaging Joint Venture On September 29, 2010, Greif, Inc. and its indirect subsidiary Greif International Holding Supra C.V. (“Greif Supra”) formed a joint venture (referred to herein as the “Flexible Packaging JV” or “FPS VIE”) with Dabbagh Group Holding Company Limited and one of its subsidiaries, originally National Scientific Company Limited and now Gulf Refined Packaging for Industrial Packaging Company LTD. The Flexible Packaging JV owns the operations in the Flexible Products & Services segment. The Flexible Packaging JV has been consolidated into the operations of the Company as of its formation date of September 29, 2010. The Flexible Packaging JV is deemed to be a VIE since the total equity investment at risk is not sufficient to permit the legal entity to finance its activities without additional subordinated financial support. The major factors that led to the conclusion that the Company was the primary beneficiary of this VIE was that (1) the Company has the power to direct the most significant activities due to its ability to direct the operating decisions of the FPS VIE, which power is derived from the significant CEO discretion over the operations of the FPS VIE combined with the Company’s sole and exclusive right to appoint the CEO of the FPS VIE, and (2) the significant variable interest through the Company’s equity interest in the FPS VIE. All entities contributed to the Flexible Packaging JV were existing businesses acquired by Greif Supra that were reorganized under Greif Flexibles Asset Holding B.V. and Greif Flexibles Trading Holding B.V., respectively. The following table presents the Flexible Packaging JV total net assets (Dollars in millions): July 31, October 31, Cash and cash equivalents $ 10.3 $ 14.5 Trade accounts receivable, less allowance of $2.9 in 2016 and $3.2 in 2015 45.0 47.5 Inventories 50.8 44.7 Properties, plants and equipment, net 29.0 43.1 Other assets 41.7 36.8 Total Assets 176.8 186.6 Accounts payable 27.6 27.9 Other liabilities 43.2 50.6 Total Liabilities $ 70.8 $ 78.5 Net losses attributable to the noncontrolling interest in the Flexible Packaging JV for the three months ended July 31, 2016 and 2015 were $1.9 million and $2.6 million , respectively; and for the nine months ended July 31, 2016 and 2015 , net losses attributable to the noncontrolling interest were $4.5 million and $8.9 million , respectively. Non-United States Accounts Receivable VIE As further described in Note 3, Cooperage Receivables Finance B.V. is a party to the European RPA. Cooperage Receivables Finance B.V. is deemed to be a VIE since this entity is not able to satisfy its liabilities without the financial support from the Company. While this entity is a separate and distinct legal entity from the Company and no ownership interest in this entity is held by the Company, the Company is the primary beneficiary because it has (1) the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance, and (2) the obligation to absorb losses of the VIE that could potentially be significant to the VIE. As a result, Cooperage Receivables Finance B.V. has been consolidated into the operations of the Company.

Long-Term Debt

Long-Term Debt	9 Months Ended
	Jul. 31, 2016
Debt Disclosure [Abstract]
Long-Term Debt	LONG-TERM DEBT Long-term debt is summarized as follows (Dollars in millions): July 31, 2016 October 31, 2015 Amended Credit Agreement $ 205.7 $ 217.4 Senior Notes due 2017 300.3 300.7 Senior Notes due 2019 246.7 246.0 Senior Notes due 2021 219.8 219.4 Amended Receivables Facility 75.0 147.6 Other debt 11.4 15.8 1,058.9 1,146.9 Less current portion (300.3 ) (30.7 ) Long-term debt $ 758.6 $ 1,116.2 Amended Credit Agreement On December 19, 2012, the Company and two of its international subsidiaries amended and restated the Company’s existing $1.0 billion senior secured credit agreement with a syndicate of financial institutions (the “Amended Credit Agreement”). The total available borrowing under this facility was $705.1 million as of July 31, 2016 , which has been reduced by $14.4 million for outstanding letters of credit, all of which is available without violating covenants. The Amended Credit Agreement contains financial covenants that require the Company to maintain a certain leverage ratio and an interest coverage ratio. The leverage ratio generally requires that at the end of any fiscal quarter the Company will not permit the ratio of (a) the Company’s total consolidated indebtedness, to (b) the Company’s consolidated net income plus depreciation, depletion and amortization, interest expense (including capitalized interest), and income taxes, and minus certain extraordinary gains and non-recurring gains (or plus certain extraordinary losses and non-recurring losses) and plus or minus certain other items for the preceding twelve months (“adjusted EBITDA”) to be greater than 4.00 to 1. The interest coverage ratio generally requires that at the end of any fiscal quarter the Company will not permit the ratio of (a) the Company’s consolidated adjusted EBITDA to (b) the Company’s consolidated interest expense to the extent paid or payable, to be less than 3.00 to 1, during the preceding twelve month period (the “Interest Coverage Ratio Covenant”). As of July 31, 2016 , $205.7 million was outstanding under the Amended Credit Agreement. The Amended Credit Agreement was entirely classified as long term. The weighted average interest rate on the Amended Credit Agreement was 1.91% for the nine months ended July 31, 2016 . The actual interest rate on the Amended Credit Agreement was 1.28% as of July 31, 2016 . Senior Notes due 2017 On February 9, 2007, the Company issued $300.0 million of 6.75% Senior Notes due February 1, 2017 . Interest on these Senior Notes is payable semi-annually. These Senior Notes are classified as current portion of long-term debt on the condensed consolidated balance sheet as of July 31, 2016 . The Company intends to refinance these Senior Notes prior to their stated maturity date. Senior Notes due 2019 On July 28, 2009, the Company issued $250.0 million of 7.75% Senior Notes due August 1, 2019 . Interest on these Senior Notes is payable semi-annually. Senior Notes due 2021 On July 15, 2011, Greif, Inc.’s wholly-owned subsidiary, Greif Nevada Holdings, Inc., S.C.S. (formerly Greif Luxembourg Finance S.C.A.) issued €200.0 million of 7.375% Senior Notes due July 15, 2021 . These Senior Notes are fully and unconditionally guaranteed on a senior basis by Greif, Inc. Interest on these Senior Notes is payable semi-annually. United States Trade Accounts Receivable Credit Facility On September 31, 2013, the Company amended and restated its existing receivables facility in the United States to establish a $170.0 million United States Trade Accounts Receivable Credit Facility (the “Amended Receivables Facility”) with a financial institution. On December 1, 2015, the Amended Receivables Facility was amended to reduce the amount of available proceeds from $170 million to $150 million . The Amended Receivables Facility matures in September 2016, and the Company intends to refinance this facility on similar terms.

Financial Instruments and Fair

Financial Instruments and Fair Value Measurements	9 Months Ended
	Jul. 31, 2016
Fair Value Disclosures [Abstract]
Financial Instruments and Fair Value Measurements	FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS Recurring Fair Value Measurements The following table presents the fair value for those assets and (liabilities) measured on a recurring basis as of July 31, 2016 and October 31, 2015 (Dollars in millions): July 31, 2016 Fair Value Measurement Level 1 Level 2 Level 3 Total Balance Sheet Location Foreign exchange hedges $ — $ 0.5 $ — $ 0.5 Prepaid expenses and other current assets Foreign exchange hedges — (0.1 ) — (0.1 ) Other current liabilities Insurance annuity — — 20.1 20.1 Other long-term assets Total* $ — $ 0.4 $ 20.1 $ 20.5 October 31, 2015 Fair Value Measurement Level 1 Level 2 Level 3 Total Balance Sheet Location Foreign exchange hedges $ — $ 0.3 $ — $ 0.3 Prepaid expenses and other current assets Foreign exchange hedges — (0.2 ) — (0.2 ) Other current liabilities Insurance annuity — — 20.1 20.1 Other long-term assets Total* $ — $ 0.1 $ 20.1 $ 20.2 * The carrying amounts of cash and cash equivalents, trade accounts receivable, accounts payable, current liabilities and short-term borrowings as of July 31, 2016 and October 31, 2015 approximate their fair values because of the short-term nature of these items and are not included in this table. Foreign Exchange Hedges The Company conducts business in various international currencies and is subject to risks associated with changing foreign exchange rates. The Company’s objective is to reduce volatility associated with foreign exchange rate changes. Accordingly, from time to time, the Company enters into various contracts that change in value as foreign exchange rates change to protect the value of certain existing foreign currency assets and liabilities, commitments and anticipated foreign currency cash flows. As of July 31, 2016 , the Company had outstanding foreign currency forward contracts in the notional amount of $85.1 million ( $129.9 million as of October 31, 2015 ). Adjustments to fair value are recognized in earnings, offsetting the impact of the hedged item. The assumptions used in measuring fair value of foreign exchange hedges are considered level 2 inputs, which were based on observable market pricing for similar instruments, principally foreign exchange futures contracts. Gains recorded under fair value contracts were $0.6 million for the three months ended July 31, 2015 . Losses recorded under fair value contracts were $2.0 million for the three months ended July 31, 2016 ; and were $2.3 million and $6.2 million for the nine months ended July 31, 2016 and 2015 , respectively. Other financial instruments The fair values of the Company’s Amended Credit Agreement and the Amended Receivables Facility do not materially differ from carrying value as the Company’s cost of borrowing is variable and approximates current borrowing rates. The book value of the net assets and liabilities held by special purpose entities approximate their fair value. The fair values of the Company’s long-term obligations are estimated based on either the quoted market prices for the same or similar issues or the current interest rates offered for the debt of the same remaining maturities, which are considered level 2 inputs in accordance with ASC Topic 820, Fair Value Measurements and Disclosures. The following table presents the estimated fair values of the Company’s senior notes (Dollars in millions): July 31, October 31, Senior Notes due 2017 Estimated fair value $ 307.2 $ 314.8 Senior Notes due 2019 Estimated fair value 282.5 280.6 Senior Notes due 2021 Estimated fair value 266.9 258.7 Non-Recurring Fair Value Measurements Long-Lived Assets The Company recognized asset impairment charges of $4.1 million during the three months ended July 31, 2016 and $17.6 million for the three months ended July 31, 2015 . As a result of the Company measuring long-lived assets at fair value on a non-recurring basis, during the three months ended July 31, 2016 , the Company recorded impairment charges of $1.3 million related to properties, plants and equipment, net, in the Rigid Industrial Packaging & Services segment. The Company recognized asset impairment charges of $44.9 million and $22.3 million during the nine months ended July 31, 2016 and 2015 , respectively. As a result of the Company measuring long-lived assets at fair value on a non-recurring basis, during the nine months ended July 31, 2016 , the Company recorded impairment charges of $5.0 million related to properties, plants and equipment, net, in the Rigid Industrial Packaging & Services segment, $1.5 million related to a cost method investment in the Paper Packaging & Services segment, and $0.8 million of properties, plants and equipment, net, in the Flexible Products & Services segment. The assumptions used in measuring fair value of long-lived assets are considered level 3 inputs, which include bids received from third parties, recent purchase offers, market comparable information and discounted cash flows based on assumptions that market participants would use. Assets and Liabilities Held for Sale The assumptions used in measuring fair value of assets and liabilities held for sale are considered level 3 inputs, which include recent purchase offers, market comparables and/or data obtained from commercial real estate brokers. During the nine month period ended July 31, 2016 , three asset groups were reclassified to assets and liabilities held for sale, resulting in a $23.6 million impairment to net realizable value. Included in that asset impairment, was $9.1 million of goodwill allocated to the business classified as held for sale. During the nine month period ended July 31, 2016 , one asset group classified as held for sale as of October 31, 2015 , was remeasured to net realizable value, resulting in an impairment of $14.0 million . Included in that asset impairment, was $11.9 million of goodwill allocated to the business classified as held for sale. During the three months ended July 31, 2016, one asset group was reclassified to assets and liabilities held for sale, resulting in a $2.8 million impairment to net realizable value. The following table presents quantitative information about the significant unobservable inputs used to determine the fair value of the impairment of long-lived assets held and used and net assets held for sale for the nine months ended July 31, 2016 . Quantitative Information about Level 3 Fair Value Measurements Fair Value of Impairment Valuation Technique Unobservable Input Range of Input Values (in millions) July 31, 2016 Impairment of Net Assets Held for Sale $ 37.6 Broker Quote/ Indicative Bids N/A Impairment of Long Lived Assets $ 7.3 Sales Value Sales Value N/A July 31, 2015 Impairment of Long Lived Assets - Land & Building $ 17.7 Broker Quote/ Indicative Bids N/A Impairment of Long Lived Assets - Machinery & Equipment $ 3.0 Sales Value Sales Value N/A Goodwill and Other Intangible Assets On an annual basis or whenever events or circumstances indicate impairment may have occurred, the Company performs impairment tests for goodwill and long lived intangible assets as defined under ASC 350, “Intangibles-Goodwill and Other.” The Company concluded that no such impairment existed as of July 31, 2016 and October 31, 2015.

Income Taxes

Income Taxes	9 Months Ended
	Jul. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES Income tax expense for the quarter was computed in accordance with ASC 740-270 Income Taxes - Interim Reporting ("ASC 740-270"). Under this method, losses from jurisdictions for which a valuation allowance has been provided have not been included in the amount to which the ASC 740-270 rate was applied. Income tax expense of the Company fluctuates primarily due to changes in income mix by jurisdiction, changes in losses from jurisdictions for which a valuation allowance has been provided and the impact of discrete items in the respective quarter. Income tax expense was $3.5 million and $18.7 million for the three months ended July 31, 2016 and 2015 , respectively. Income tax expense was $38.2 million and $45.8 million for the nine months ended July 31, 2016 and 2015 , respectively. As of July 31, 2016 , the Company had not recognized U.S. deferred income taxes on the undistributed earnings from certain non-U.S. subsidiaries. The Company’s intention is to reinvest these earnings indefinitely outside of the U.S., or to repatriate the earnings only when it is tax-efficient to do so. Therefore, no U.S. tax provision has been accrued related to the repatriation of these earnings. It is not practicable to estimate the amount of any additional taxes that may be payable on the undistributed earnings given the various alternatives the Company could employ should the Company decide to repatriate those earnings in the future.

Post Retirement Benefit Plans

Post Retirement Benefit Plans	9 Months Ended
	Jul. 31, 2016
Postemployment Benefits [Abstract]
Post Retirement Benefit Plans	POST RETIREMENT BENEFIT PLANS The components of net periodic pension cost include the following (Dollars in millions): Three Months Ended Nine Months Ended 2016 2015 2016 2015 Service cost $ 3.2 $ 4.1 $ 9.4 $ 12.4 Interest cost 5.7 7.1 16.9 21.3 Expected return on plan assets (8.3 ) (8.4 ) (24.9 ) (25.3 ) Amortization of prior service cost, initial net asset and net actuarial gain 2.8 3.7 8.6 11.0 Net periodic pension costs $ 3.4 $ 6.5 $ 10.0 $ 19.4 The Company made $9.4 million and $8.1 million in pension contributions in the nine months ended July 31, 2016 and 2015, respectively. The Company estimates $12.5 million of pension contributions for the twelve months ended October 31, 2016 . The components of net periodic cost for postretirement benefits include the following (Dollars in millions): Three Months Ended Nine Months Ended 2016 2015 2016 2015 Service cost $ — $ — $ — $ — Interest cost 0.2 0.1 0.4 0.5 Amortization of prior service cost and recognized actuarial gain (0.4 ) (0.4 ) (1.2 ) (1.2 ) Net periodic benefit for postretirement benefits $ (0.2 ) $ (0.3 ) $ (0.8 ) $ (0.7 )

Contingent Liabilities and Envi

Contingent Liabilities and Environmental Reserves	9 Months Ended
	Jul. 31, 2016
Environmental Remediation Obligations [Abstract]
Contingent Liabilities and Environmental Reserves	CONTINGENT LIABILITIES AND ENVIRONMENTAL RESERVES Litigation-related Liabilities The Company may become involved in litigation and regulatory matters incidental to its business, including governmental investigations, enforcement actions, personal injury claims, product liability, employment health and safety matters, commercial disputes, intellectual property matters, disputes regarding environmental clean-up costs, litigation in connection with acquisitions and divestitures, and other matters arising out of the normal conduct of its business. The Company intends to vigorously defend itself in such litigation. The Company does not believe that the outcome of any pending litigation will have a material adverse effect on its condensed consolidated financial statements. The Company may accrue for contingencies related to litigation and regulatory matters if it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated. Because litigation is inherently unpredictable and unfavorable resolutions can occur, assessing contingencies is highly subjective and requires judgments about future events. The Company reviews contingencies at least quarterly to determine whether its accruals are adequate. The amount of ultimate loss may differ from these estimates. Environmental Reserves As of July 31, 2016 and October 31, 2015 , environmental reserves of $9.0 million and $8.2 million , respectively, were recorded on an undiscounted basis. These reserves are principally based on environmental studies and cost estimates provided by third parties, but also take into account management estimates. The estimated liabilities are reduced to reflect the anticipated participation of other potentially responsible parties in those instances where it is probable that such parties are legally responsible and financially capable of paying their respective shares of relevant costs. For sites that involve formal actions subject to joint and several liabilities, these actions have formal agreements in place to apportion the liability. As of July 31, 2016 and October 31, 2015 , environmental reserves of the Company included $4.2 million and $4.3 million , respectively, for various European drum facilities acquired from Blagden and Van Leer; $2.1 million and $2.0 million , respectively, for its various container life cycle management and recycling facilities acquired in 2011 and 2010; $1.7 million and $0.8 million for remediation of a sites no longer owned by the Company; and $1.0 million and $1.1 million for various other facilities around the world. The Company’s exposure to adverse developments with respect to any individual site is not expected to be material. Although environmental remediation could have a material effect on results of operations if a series of adverse developments occur in a particular quarter or year, the Company believes that the chance of a series of adverse developments occurring in the same quarter or year is remote. Future information and developments will require the Company to continually reassess the expected impact of these environmental matters.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Jul. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE The Company has two classes of common stock and redeemable noncontrolling interests and, as such, applies the “two-class method” of computing earnings per share (“EPS”) as prescribed in ASC 260, “Earnings Per Share.” In accordance with this guidance, earnings are allocated in the same fashion as dividends would be distributed. Under the Company’s articles of incorporation, any distribution of dividends in any year must be made in proportion of one cent a share for Class A Common Stock to one and one-half cents a share for Class B Common Stock, which results in a 40% to 60% split to Class A and B shareholders, respectively. In accordance with this, earnings are allocated first to Class A and Class B Common Stock to the extent that dividends are actually paid and the remainder is allocated assuming all of the earnings for the period have been distributed in the form of dividends. The Company calculates EPS as follows: Basic Class A EPS = 40% * Average Class A Shares Outstanding * Undistributed Net Income + Class A Dividends Per Share 40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding Average Class A Shares Diluted Class A EPS = 40% * Average Class A Shares Outstanding * Undistributed Net Income + Class A Dividends Per Share 40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding Average Diluted Class A Shares Basic Class B EPS = 60% * Average Class B Shares Outstanding * Undistributed Net Income + Class B Dividends Per Share 40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding Average Class B Shares * Diluted Class B EPS calculation is identical to Basic Class B calculation The following table provides EPS information for each period, respectively: Three Months Ended Nine Months Ended 2016 2015 2016 2015 Numerator for basic and diluted EPS Net income attributable to Greif, Inc. $ 46.1 $ 8.6 $ 66.4 $ 59.5 Cash dividends (24.7 ) (24.8 ) (74.0 ) (74.0 ) Undistributed net (loss) income attributable to Greif, Inc. $ 21.4 $ (16.2 ) $ (7.6 ) $ (14.5 ) The Class A Common Stock has no voting rights unless four quarterly cumulative dividends upon the Class A Common Stock are in arrears. The Class B Common Stock has full voting rights. There is no cumulative voting for the election of directors. Common stock repurchases The Company’s Board of Directors has authorized the purchase of up to four million shares of Class A Common Stock or Class B Common Stock or any combination of the foregoing. In April 2016, the Stock Repurchase Committee authorized the Company to repurchase 110,241 shares of Class B Common Stock as part of the program and those shares were repurchased during the second quarter. There have been no other shares repurchased under this program from November 1, 2014 through July 31, 2016 . As of July 31, 2016 , the Company had repurchased 3,294,513 shares, including 1,425,452 shares of Class A Common Stock and 1,869,061 shares of Class B Common Stock. The following table summarizes the Company’s Class A and Class B common and treasury shares as of the specified dates: Authorized Shares Issued Shares Outstanding Shares Treasury Shares July 31, 2016 Class A Common Stock 128,000,000 42,281,920 25,781,791 16,500,129 Class B Common Stock 69,120,000 34,560,000 22,009,725 12,550,275 October 31, 2015 Class A Common Stock 128,000,000 42,281,920 25,693,564 16,588,356 Class B Common Stock 69,120,000 34,560,000 22,119,966 12,440,034 The following is a reconciliation of the shares used to calculate basic and diluted earnings per share: Three Months Ended Nine Months Ended 2016 2015 2016 2015 Class A Common Stock: Basic shares 25,781,146 25,692,973 25,746,797 25,659,750 Assumed conversion of stock options 2,038 5,574 349 5,574 Diluted shares 25,783,184 25,698,547 25,747,146 25,665,324 Class B Common Stock: Basic and diluted shares 22,009,725 22,119,966 22,079,544 22,119,966

Equity Earnings of Unconsolidat

Equity Earnings of Unconsolidated Affiliates, Net of Tax and Net (Income) Loss Attributable to Noncontrolling Interests	9 Months Ended
	Jul. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]
Equity Earnings of Unconsolidated Affiliates, Net of Tax and Net (Income) Loss Attributable to Noncontrolling Interests	EQUITY EARNINGS OF UNCONSOLIDATED AFFILIATES, NET OF TAX AND NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS Equity earnings of unconsolidated affiliates, net of tax Equity earnings of unconsolidated affiliates, net of tax represent the Company’s share of earnings of affiliates in which the Company does not exercise control and has a 20 percent or more voting interest. Investments in such affiliates are accounted for using the equity method of accounting. The Company has an equity interest in one such affiliate as of July 31, 2016 . The Company had an equity interest in two such affiliates as of July 31, 2015 . If the fair value of an investment in an affiliate is below its carrying value and the difference is deemed to be other than temporary, the difference between the fair value and the carrying value is charged to earnings. Equity earnings of unconsolidated affiliates, net of tax were $0.8 million for the three and nine months ended July 31, 2016 . Equity earnings of unconsolidated affiliates, net of tax were $0.6 million for the three months ended and $0.3 million for the nine months ended July 31, 2015 . There were no dividends received from the Company’s equity method affiliates for the three and nine months ended July 31, 2016 and 2015 . Net (income) loss attributable to noncontrolling interests Net (income) loss attributable to noncontrolling interests represent the portion of earnings or losses from the operations of the Company’s consolidated subsidiaries attributable to unrelated third party equity owners. Net (income) loss attributable to noncontrolling interests for the three months ended July 31, 2016 and 2015 was ($0.3) million and ($0.7) million , respectively. Net (income) loss attributable to noncontrolling interests for the nine months ended July 31, 2016 and 2015 was ($2.6) million and $1.5 million , respectively

Equity and Comprehensive Income

Equity and Comprehensive Income (Loss)	9 Months Ended
	Jul. 31, 2016
Equity [Abstract]
Equity and Comprehensive Income (Loss)	EQUITY AND COMPREHENSIVE INCOME (LOSS) The following table summarizes the changes of equity from October 31, 2015 to July 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 66.4 66.4 2.6 69.0 Other comprehensive income (loss): - foreign currency translation (5.3 ) (5.3 ) (4.3 ) (9.6 ) - minimum pension liability adjustment, net of income tax expense 3.5 3.5 3.5 Comprehensive income (loss) 64.6 62.9 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 (3.1 ) (3.1 ) (3.1 ) Reclassification of redeemable noncontrolling interest 1.2 1.2 (22.8 ) (21.6 ) Net income allocated to redeemable noncontrolling interests (3.9 ) (3.9 ) Other — (0.4 ) (0.4 ) Dividends paid to Greif, Inc. shareholders (74.0 ) (74.0 ) (74.0 ) Contributions from noncontrolling interest — 0.8 0.8 Dividends to noncontrolling interests (3.9 ) (3.9 ) Treasury shares acquired (110 ) 110 (5.2 ) (5.2 ) (5.2 ) Restricted stock executives and directors 47 1.3 (47 ) 0.1 1.4 1.4 Long-term incentive shares issued 41 1.0 (41 ) 0.1 1.1 1.1 As of July 31, 2016 47,792 $ 141.4 29,050 $ (135.6 ) $ 1,355.2 $ (379.2 ) $ 981.8 $ 12.4 $ 994.2 The following table summarizes the changes of equity from October 31, 2014 to July 31, 2015 (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, 2014 47,724 $ 135.5 29,118 $ (130.7 ) $ 1,411.7 $ (274.4 ) $ 1,142.1 $ 81.1 $ 1,223.2 Net income 59.5 59.5 (1.5 ) 58.0 Other comprehensive income (loss): - foreign currency translation (87.7 ) (87.7 ) (21.8 ) (109.5 ) - Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit 0.1 0.1 0.1 - minimum pension liability adjustment, net of income tax benefit of $2.4 million 5.5 5.5 5.5 Comprehensive income (loss) (22.6 ) (45.9 ) Acquisition of noncontrolling interest and other (0.4 ) (0.4 ) (10.1 ) (10.5 ) Dividends paid to Greif, Inc. shareholders (74.0 ) (74.0 ) (74.0 ) Dividends paid to noncontrolling interests — (4.0 ) (4.0 ) Stock options exercised 10 0.2 (10 ) — 0.2 0.2 Restricted stock executives and directors 31 1.4 (31 ) — 1.4 1.4 Long-term incentive shares issued 49 2.0 (49 ) 0.1 2.1 2.1 As of July 31, 2015 47,814 $ 139.1 29,028 $ (130.6 ) $ 1,396.8 $ (356.5 ) $ 1,048.8 $ 43.7 $ 1,092.5 The following table provides the rollforward of accumulated other comprehensive income (loss) for the nine months ended July 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) Before Reclassifications (5.3 ) 3.5 (1.8 ) Current-period Other Comprehensive Income (Loss) (5.3 ) 3.5 (1.8 ) Balance as of July 31, 2016 $ (261.9 ) $ (117.3 ) $ (379.2 ) The following table provides the rollforward of accumulated other comprehensive income (loss) for the nine months ended July 31, 2015 (Dollars in millions): Foreign Currency Translation Cash Flow Hedges Minimum Pension Liability Adjustment Accumulated Other Comprehensive Income (Loss) Balance as of October 31, 2014 $ (144.5 ) $ (0.1 ) $ (129.8 ) $ (274.4 ) Other Comprehensive Income (Loss) Before Reclassifications (87.7 ) — 5.5 (82.2 ) Amounts reclassified from Accumulated Other Comprehensive Loss — 0.1 — 0.1 Current-period Other Comprehensive Income (Loss) (87.7 ) 0.1 5.5 (82.1 ) Balance as of July 31, 2015 $ (232.2 ) $ — $ (124.3 ) $ (356.5 ) The components of accumulated other comprehensive income (loss) above are presented net of tax, as applicable.

Business Segment Information

Business Segment Information	9 Months Ended
	Jul. 31, 2016
Segment Reporting [Abstract]
Business Segment Information	BUSINESS SEGMENT INFORMATION The Company has five operating segments, which are aggregated into four reportable business segments: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. The Company’s reportable business segments offer different products and services. The accounting policies of the reportable business segments are substantially the same as those described in the “Basis of Presentation and Summary of Significant Accounting Policies” note in the 2015 Form 10-K. The measure of segment profitability that is used by the Company is operating profit. The following segment information is presented for the periods indicated (Dollars in millions): Three Months Ended Nine Months Ended 2016 2015 2016 2015 Net sales Rigid Industrial Packaging & Services $ 596.8 $ 669.0 $ 1,721.3 $ 1,985.3 Paper Packaging & Services 172.5 176.7 498.1 496.3 Flexible Products & Services 69.9 79.2 219.0 249.3 Land Management 5.8 5.1 17.6 17.3 Total net sales $ 845.0 $ 930.0 $ 2,456.0 $ 2,748.2 Operating profit (loss): Rigid Industrial Packaging & Services $ 56.7 $ 29.5 $ 113.4 $ 75.5 Paper Packaging & Services 19.1 21.5 64.4 76.7 Flexible Products & Services (5.9 ) (9.7 ) (11.9 ) (23.8 ) Land Management 1.7 2.9 6.1 32.3 Total operating profit $ 71.6 $ 44.2 $ 172.0 $ 160.7 Depreciation, depletion and amortization expense: Rigid Industrial Packaging & Services $ 20.8 $ 21.8 $ 63.7 $ 70.2 Paper Packaging & Services 8.0 6.8 23.6 21.5 Flexible Products & Services 1.8 2.2 5.9 6.6 Land Management 0.9 0.8 2.6 2.6 Total depreciation, depletion and amortization expense $ 31.5 $ 31.6 $ 95.8 $ 100.9 The following table presents net sales to external customers by geographic area (Dollars in millions): Three Months Ended Nine Months Ended 2016 2015 2016 2015 Net sales: United States $ 400.3 $ 431.5 $ 1,179.0 $ 1,269.7 Europe, Middle East and Africa 318.9 337.3 905.9 979.5 Asia Pacific and other Americas 125.8 161.2 371.1 499.0 Total net sales $ 845.0 $ 930.0 $ 2,456.0 $ 2,748.2 The following table presents total assets by segment and total properties, plants and equipment, net by geographic area (Dollars in millions): July 31, October 31, Assets: Rigid Industrial Packaging & Services $ 1,978.4 $ 2,043.3 Paper Packaging & Services 444.6 444.0 Flexible Products & Services 166.1 187.0 Land Management 337.4 335.2 Total segments 2,926.5 3,009.5 Corporate and other 257.4 306.2 Total assets $ 3,183.9 $ 3,315.7 Properties, plants and equipment, net: United States $ 719.3 $ 734.1 Europe, Middle East and Africa 314.3 335.4 Asia Pacific and other Americas 139.4 148.2 Total properties, plants and equipment, net $ 1,173.0 $ 1,217.7

Redeemable Noncontrolling Inter

Redeemable Noncontrolling Interests	9 Months Ended
	Jul. 31, 2016
Noncontrolling Interest [Abstract]
Redeemable Noncontrolling Interests	REDEEMABLE NONCONTROLLING INTERESTS During the first quarter of 2016, the Company identified errors related to the accounting for and presentation related to various noncontrolling interests of consolidated entities. The Company has concluded that the errors are not material to any prior period, the current period, or to the trend in earnings and, as such, has presented the error corrections as an out-of-period reclassification in the current condensed consolidated financial statements. Mandatorily Redeemable Noncontrolling Interests The terms of the joint venture agreement for one joint venture within the Rigid Industrial Packaging & Services segment include mandatory redemption by the Company, in cash, of the noncontrolling interest holders’ equity at a formulaic price after the expiration of a lockout period specific to each noncontrolling interest holder. The redemption features cause the interest to be classified as a mandatorily redeemable instrument under the accounting guidance and included at the current redemption value each period in long-term or short-term liabilities of the Company, as applicable. The impact of marking to redemption value at each period end is recorded in interest expense. During the second quarter of 2016 , the Company purchased the interest of one of the mandatorily redeemable noncontrolling interest holders that notified the Company of the exercise of its option requiring the Company to purchase its equity for the redemption price of $0.8 million . One remaining partner has the ability to require the Company to redeem its equity in 2017 and the Company has a contractual obligation to redeem the outstanding equity interests of each remaining partner in 2021 and 2022, respectively, and therefore, such redemption values of $10.0 million are included in other long-term liabilities in these condensed consolidated financial statements. The following table provides the rollforward of the mandatorily redeemable noncontrolling interest for the nine months ended July 31, 2016 (Dollars in millions): Mandatorily Redeemable Noncontrolling Interest Balance as of October 31, 2015 $ — Reclassification of book value of noncontrolling interest 10.4 Out-of period reversal of cumulative income allocated to noncontrolling interest (1.2 ) Out-of period mark to redemption value 0.1 Current period mark to redemption value 1.5 Repurchase of redeemable shareholder interest (0.8 ) Balance as of July 31, 2016 $ 10.0 Redeemable Noncontrolling Interests Redeemable noncontrolling interests related to one joint venture within the Paper Packaging & Services segment and one joint venture within the Rigid Industrial Packaging & Services segment are held by the respective noncontrolling interest owners. The holders of these interests share in the profits and losses of these entities on a pro rata basis with the Company. However, the noncontrolling interest owners have the right to put all or a portion of those noncontrolling interests to the Company at a formulaic price after a set period of time, specific to each agreement. During the third quarter of 2016, the Company purchased the remaining interest of one of the redeemable noncontrolling interests for the redemption price of $5.5 million . Redeemable noncontrolling interests are reflected in the condensed consolidated balance sheets at redemption value. The following table provides the rollforward of the redeemable noncontrolling interest for the nine months ended July 31, 2016 (Dollars in millions): Redeemable Noncontrolling Interest Balance as of October 31, 2015 $ — Reclassification of book value of noncontrolling interest 12.4 Out-of period mark to redemption value* 19.8 Current period mark to redemption value 3.1 Repurchase of redeemable shareholder interest (5.5 ) Redeemable Noncontrolling Interest share of Income/(Loss) and other 3.9 Contributions from /(Dividends to) redeemable noncontolling interest and other (1.4 ) Balance as of July 31, 2016 $ 32.3 * The out-of-period mark to redemption value amounts were charged to retained earnings in the first quarter of 2016.

Basis of Presentation and Sum25

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Jul. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The condensed consolidated financial statements have been prepared in accordance with the U.S. Securities and Exchange Commission (“SEC”) instructions to Quarterly Reports on Form 10-Q and include all of the information and disclosures required by accounting principles generally accepted in the United States (“GAAP”) for interim financial reporting. The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual amounts could differ from those estimates. The Company’s fiscal year begins on November 1 and ends on October 31 of the following year. Any references to the year 2016 or 2015 , or to any quarter of those years, relates to the fiscal year or quarter, as the case may be, ended in that year. The information furnished herein reflects all adjustments which are, in the opinion of management, necessary for a fair presentation of the condensed consolidated balance sheets as of July 31, 2016 and October 31, 2015 , the condensed consolidated statements of income and comprehensive income (loss) for the three and nine months ended July 31, 2016 and 2015 and the condensed consolidated statements of cash flows for the nine month periods ended July 31, 2016 and 2015 of Greif, Inc. and its subsidiaries (the “Company”). The condensed consolidated financial statements include the accounts of Greif, Inc., all wholly-owned and consolidated subsidiaries and investments in limited liability companies, partnerships and joint ventures in which it has controlling influence or is the primary beneficiary. Non-majority owned entities include investments in limited liability companies, partnerships and joint ventures in which the Company does not have controlling influence and are accounted for using either the equity or cost method, as appropriate. The unaudited condensed consolidated financial statements included in the Quarterly Report on Form 10-Q (this “Form 10-Q”) should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for its fiscal year ended October 31, 2015 (the “2015 Form 10-K”).
Recently Issued Accounting Standards and Newly Adopted Accounting Standards	Recently Issued Accounting Standards In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2015-3, “Interest: Imputation of Interest (Subtopic 835-30).” The objective of this update is to simplify the presentation of debt issuance costs in the financial statements. Under this ASU, the Company would present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset; amortization of the costs is reported as interest expense. This ASU is effective for annual periods beginning after December 15, 2015. The Company would apply the new guidance retrospectively to all prior periods (i.e., the balance sheet for each period would be adjusted). This ASU requires the Company to “disclose in the first fiscal year after the entity’s adoption date, and in the interim periods within the first fiscal year, the following: (1)the nature and reason for the change in accounting principle; (2) the transition method; (3) a description of the prior-period information that has been retrospectively adjusted; and (4) the effect of the change on the financial statement line item (that is, the debt issuance costs asset and the debt liability).” The Company is expected to adopt this guidance beginning on November 1, 2016 and the adoption of this new guidance is not expected to have a material impact on the Company’s financial position, results of operations, comprehensive income (loss) or cash flows, other than the related disclosures. In February 2015, the FASB issued ASU 2015-2, “Consolidation (Topic 810): Amendments to the Consolidation Analysis,” which makes changes to both the variable interest model and voting interest model and eliminates the indefinite deferral of FASB Statement No. 167, included in ASU 2010-10, for certain investment funds. All reporting entities that hold a variable interest in other legal entities will need to re-evaluate their consolidation conclusions as well as disclosure requirements. This ASU is effective for annual periods beginning after December 15, 2015 and early adoption is permitted, including any interim period. The Company is in the process of analyzing the impact of adopting this guidance, however it is not expected to have a material impact on the Company's financial position, results of operations, comprehensive income (loss) or cash flows, other than the related disclosures. In May 2014, the FASB issued ASU No. 2014-9, “Revenue from Contracts with Customers (Topic 606),” which supersedes the revenue recognition requirements in Accounting Standards Codification (“ASC”) 605, Revenue Recognition. This ASU is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. The update is effective in fiscal year 2019 using one of two retrospective application methods. The Company is in the process of determining the potential impact of adopting this guidance on its financial position, results of operations, comprehensive income (loss), cash flows and disclosures. In August 2014, the FASB issued ASU 2014-15, “Presentation of Financial Statements-Going Concern: Disclosure of Uncertainties about an Entity’s Ability to Continue as Going Concern.” The objective of this update is to reduce the diversity in the timing and content of footnote disclosures related to going concern. The amendments require management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. This update applies to all entities that would be required to disclose information about their potential inability to continue as a going concern when “substantial doubt” about their ability to continue as a going concern exists. The Company will be required to evaluate “relevant conditions and events that are known and reasonably knowable at the date that the financial statements are issued.” The Company will have to document its consideration of this ASU, but not because the Company believes there is substantial doubt about its ability to continue as a going concern. The Company is expected to adopt this guidance beginning November 1, 2017, and the adoption of the new guidance is not expected to impact the Company’s financial position, results of operations, comprehensive income (loss) or cash flows, other than the related disclosures. In February 2016, the FASB issued ASU 2016-2, “Leases (Topic 842),” which amends the lease accounting and disclosure requirements in ASC 842, Leases. The objective of this update is to increase transparency and comparability among organizations recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about lease arrangements. This ASU will require the recognition of lease assets and lease liabilities for those leases classified as operating leases under previous GAAP. The update is effective in fiscal year 2020 using a modified retrospective approach. The Company is in the process of determining the potential impact of adopting this guidance on its financial position, results of operations, comprehensive income (loss), cash flows and disclosures. In March 2016, the FASB issued ASU 2016-9, “Improvements to Employee Share-Based Payment Accounting,” which simplifies several aspects of the accounting for employee share-based payment transaction. This ASU is effective for annual periods beginning after December 15, 2016 and early adoption is permitted, including any interim period. The Company is in the process of determining the potential impact of adopting this guidance on its financial position, results of operations, comprehensive income (loss), cash flows, and disclosures. Newly Adopted Accounting Standards In November 2015, the FASB issued ASU 2015-17, “Balance Sheet Classification of Deferred Tax Items.” This ASU amends ASC 740-10-45-4, which now states that in a classified statement of financial position, an entity must classify deferred tax liabilities and assets as noncurrent amounts. This ASU also supersedes ASC 740-10-45-5, which required the valuation allowance for a particular tax jurisdiction to be allocated between current and noncurrent deferred tax assets for that tax jurisdiction on a pro rata basis. For public companies, this ASU is effective for periods beginning after December 15, 2016. The Company elected to adopt the new guidance beginning February 1, 2016 prospectively, resulting in deferred tax liabilities and assets being classified as noncurrent on the Company’s balance sheet. Prior periods were not retrospectively adjusted. The adoption did not have a material impact on the Company’s financial position, results of operations, comprehensive income (loss) or cash flows. Refer to Note 11 herein for additional disclosures regarding the adoption of this new guidance.
Income Taxes	Income tax expense for the quarter was computed in accordance with ASC 740-270 Income Taxes - Interim Reporting ("ASC 740-270"). Under this method, losses from jurisdictions for which a valuation allowance has been provided have not been included in the amount to which the ASC 740-270 rate was applied. Income tax expense of the Company fluctuates primarily due to changes in income mix by jurisdiction, changes in losses from jurisdictions for which a valuation allowance has been provided and the impact of discrete items in the respective quarter.

Sale of Non-United States Acc26

Sale of Non-United States Accounts Receivable (Tables)	9 Months Ended
	Jul. 31, 2016
Receivables [Abstract]
Company's Accounts Receivables Programs	The table below contains certain information related to the Company’s accounts receivables programs (Dollars in millions): Three Months Ended Nine Months Ended 2016 2015 2016 2015 European RPA Gross accounts receivable sold to third party financial institution $ 160.0 $ 165.9 $ 463.3 $ 552.6 Cash received for accounts receivable sold under the programs 140.7 147.1 409.2 489.5 Deferred purchase price related to accounts receivable sold 19.3 18.8 53.7 63.1 Loss associated with the programs 0.2 0.3 0.7 1.2 Expenses associated with the programs — — — — Singapore RPA Gross accounts receivable sold to third party financial institution $ 11.4 $ 12.0 $ 32.5 $ 36.4 Cash received for accounts receivable sold under the program 11.4 12.0 32.5 36.4 Deferred purchase price related to accounts receivable sold — — — — Loss associated with the program — — — — Expenses associated with the program — — — 0.1 Total RPAs Gross accounts receivable sold to third party financial institution $ 171.4 $ 177.9 $ 495.8 $ 589.0 Cash received for accounts receivable sold under the program 152.1 159.1 441.7 525.9 Deferred purchase price related to accounts receivable sold 19.3 18.8 53.7 63.1 Loss associated with the program 0.2 0.3 0.7 1.2 Expenses associated with the program — — — 0.1 The table below contains certain information related to the Company’s accounts receivables programs and the impact it has on the condensed consolidated balance sheets (Dollars in millions): July 31, October 31, European RPA Accounts receivable sold to and held by third party financial institution $ 116.8 $ 114.8 Uncollected deferred purchase price related to accounts receivable sold 25.9 — Deferred purchase price liability related to accounts receivable sold — (1.5 ) Singapore RPA Accounts receivable sold to and held by third party financial institution $ 3.5 $ 4.0 Uncollected deferred purchase price related to accounts receivable sold — — Total RPAs Accounts receivable sold to and held by third party financial institution $ 120.3 $ 118.8 Uncollected deferred purchase price related to accounts receivable sold 25.9 — Deferred purchase price liability related to accounts receivable sold — (1.5 )

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Jul. 31, 2016
Inventory Disclosure [Abstract]
Summarization of Inventories	Inventories are stated at the lower of cost or market and are summarized as follows (Dollars in millions): July 31, October 31, Raw materials $ 191.1 $ 190.7 Work-in-process 12.8 18.3 Finished Goods 84.6 88.0 $ 288.5 $ 297.0

Assets and Liabilities Held f28

Assets and Liabilities Held for Sale and Disposals of Properties, Plants and Equipment, Net, and Timberland and Gains (Tables)	9 Months Ended
	Jul. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]
Summary of Assets and Liabilities Classified as Held For Sale	The following table presents assets and liabilities classified as held for sale as of July 31, 2016 and October 31, 2015 (Dollars in millions): July 31, October 31, Trade accounts receivable, less allowance $ — $ 2.3 Inventories — 1.6 Properties, plants and equipment, net 11.7 8.1 Other assets — 4.9 Assets held for sale 11.7 16.9 Accounts payable — 1.8 Liabilities held for sale $ — $ 1.8

Goodwill and Other Intangible29

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Jul. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Changes in Carrying Amount of Goodwill by Segment	The following table summarizes the changes in the carrying amount of goodwill by segment for the nine month period ended July 31, 2016 (Dollars in millions): Rigid Industrial Packaging & Services Paper Packaging & Services Total Balance at October 31, 2015 $ 747.6 $ 59.5 $ 807.1 Goodwill acquired — — — Goodwill allocated to divestitures and businesses held for sale (1) 3.4 — 3.4 Goodwill adjustments — — — Goodwill impairment charge (2) (21.0 ) (21.0 ) Currency translation 1.5 — 1.5 Balance at July 31, 2016 $ 731.5 $ 59.5 $ 791.0 (1) Goodwill previously allocated to divestitures and businesses held for sale that was impaired during the first quarter of 2016. (2) Goodwill impairment charge recorded for businesses reclassified to held for sale during the nine months ended July 31, 2016.
Summary of Carrying Amount of Net Other Intangible Assets by Class	The following table summarizes the carrying amount of net other intangible assets by class as of July 31, 2016 and October 31, 2015 (Dollars in millions): Gross Intangible Assets Accumulated Amortization Net Intangible Assets July 31, 2016: Indefinite lived: Trademarks and patents $ 13.1 $ — $ 13.1 Definite lived: Customer relationships 177.9 89.0 88.9 Trademarks and patents 12.1 4.6 7.5 Non-compete agreements 1.1 1.0 0.1 Other 23.9 13.7 10.2 Total $ 228.1 $ 108.3 $ 119.8 October 31, 2015: Indefinite lived: Trademarks and patents $ 13.1 $ — $ 13.1 Definite lived: Customer relationships 180.7 81.7 99.0 Trademarks and patents 12.4 4.2 8.2 Non-compete agreements 4.9 4.5 0.4 Other 24.2 12.2 12.0 Total $ 235.3 $ 102.6 $ 132.7

Restructuring Charges (Tables)

Restructuring Charges (Tables)	9 Months Ended
	Jul. 31, 2016
Restructuring and Related Activities [Abstract]
Reconciliation of Beginning and Ending Restructuring Reserve Balances	The following is a reconciliation of the beginning and ending restructuring reserve balances for the nine month period ended July 31, 2016 (Dollars in millions): Employee Separation Costs Other Costs Total Balance at October 31, 2015 $ 14.7 $ 6.6 $ 21.3 Costs incurred and charged to expense 10.7 7.2 17.9 Costs paid or otherwise settled (16.6 ) (7.8 ) (24.4 ) Balance at July 31, 2016 $ 8.8 $ 6.0 $ 14.8
Reconciliation of Total Amounts Expected to be Incurred from Open Restructuring Plans Anticipated to be Realized	The following is a reconciliation of the total amounts expected to be incurred from approved restructuring plans or plans that are being formulated and have not been announced as of the date of this Form 10-Q. Remaining amounts expected to be incurred are $12.9 million as of July 31, 2016 compared to $14.7 million as of October 31, 2015 . The change was due to the formulation of new plans during the period offset by the realization of expenses from plans formulated in prior periods. (Dollars in millions): Total Amounts Expected to be Incurred Amount expensed during the nine month period ended July 31, 2016 Amounts Remaining to be Incurred Rigid Industrial Packaging & Services Employee separation costs $ 17.4 $ 6.6 $ 10.8 Other restructuring costs 5.0 4.6 0.4 22.4 11.2 11.2 Flexible Products & Services Employee separation costs 5.5 3.8 1.7 Other restructuring costs 1.8 1.8 — 7.3 5.6 1.7 Paper Packaging & Services Employee separation costs 0.3 0.3 — Other restructuring costs 0.8 0.8 — 1.1 1.1 — $ 30.8 $ 17.9 $ 12.9

Consolidation of Variable Int31

Consolidation of Variable Interest Entities (Tables)	9 Months Ended
	Jul. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Total Net Assets of Flexible Packaging JV	The following table presents the Flexible Packaging JV total net assets (Dollars in millions): July 31, October 31, Cash and cash equivalents $ 10.3 $ 14.5 Trade accounts receivable, less allowance of $2.9 in 2016 and $3.2 in 2015 45.0 47.5 Inventories 50.8 44.7 Properties, plants and equipment, net 29.0 43.1 Other assets 41.7 36.8 Total Assets 176.8 186.6 Accounts payable 27.6 27.9 Other liabilities 43.2 50.6 Total Liabilities $ 70.8 $ 78.5

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Jul. 31, 2016
Debt Disclosure [Abstract]
Summary of Long-Term Debt	Long-term debt is summarized as follows (Dollars in millions): July 31, 2016 October 31, 2015 Amended Credit Agreement $ 205.7 $ 217.4 Senior Notes due 2017 300.3 300.7 Senior Notes due 2019 246.7 246.0 Senior Notes due 2021 219.8 219.4 Amended Receivables Facility 75.0 147.6 Other debt 11.4 15.8 1,058.9 1,146.9 Less current portion (300.3 ) (30.7 ) Long-term debt $ 758.6 $ 1,116.2

Financial Instruments and Fai33

Financial Instruments and Fair Value Measurements (Tables)	9 Months Ended
	Jul. 31, 2016
Fair Value Disclosures [Abstract]
Recurring Fair Value Measurements	The following table presents the fair value for those assets and (liabilities) measured on a recurring basis as of July 31, 2016 and October 31, 2015 (Dollars in millions): July 31, 2016 Fair Value Measurement Level 1 Level 2 Level 3 Total Balance Sheet Location Foreign exchange hedges $ — $ 0.5 $ — $ 0.5 Prepaid expenses and other current assets Foreign exchange hedges — (0.1 ) — (0.1 ) Other current liabilities Insurance annuity — — 20.1 20.1 Other long-term assets Total* $ — $ 0.4 $ 20.1 $ 20.5 October 31, 2015 Fair Value Measurement Level 1 Level 2 Level 3 Total Balance Sheet Location Foreign exchange hedges $ — $ 0.3 $ — $ 0.3 Prepaid expenses and other current assets Foreign exchange hedges — (0.2 ) — (0.2 ) Other current liabilities Insurance annuity — — 20.1 20.1 Other long-term assets Total* $ — $ 0.1 $ 20.1 $ 20.2 * The carrying amounts of cash and cash equivalents, trade accounts receivable, accounts payable, current liabilities and short-term borrowings as of July 31, 2016 and October 31, 2015 approximate their fair values because of the short-term nature of these items and are not included in this table.
Estimated Fair Values for the Company's Senior Notes and Assets Held by Special Purpose Entities	The following table presents the estimated fair values of the Company’s senior notes (Dollars in millions): July 31, October 31, Senior Notes due 2017 Estimated fair value $ 307.2 $ 314.8 Senior Notes due 2019 Estimated fair value 282.5 280.6 Senior Notes due 2021 Estimated fair value 266.9 258.7
Summary of Quantitative about Significant Unobservable Inputs Used to Determine Fair Value of Impairment of Long-Lived Assets Held and Used and Net Assets Held for Sale	The following table presents quantitative information about the significant unobservable inputs used to determine the fair value of the impairment of long-lived assets held and used and net assets held for sale for the nine months ended July 31, 2016 . Quantitative Information about Level 3 Fair Value Measurements Fair Value of Impairment Valuation Technique Unobservable Input Range of Input Values (in millions) July 31, 2016 Impairment of Net Assets Held for Sale $ 37.6 Broker Quote/ Indicative Bids N/A Impairment of Long Lived Assets $ 7.3 Sales Value Sales Value N/A July 31, 2015 Impairment of Long Lived Assets - Land & Building $ 17.7 Broker Quote/ Indicative Bids N/A Impairment of Long Lived Assets - Machinery & Equipment $ 3.0 Sales Value Sales Value N/A

Post Retirement Benefit Plans (

Post Retirement Benefit Plans (Tables)	9 Months Ended
	Jul. 31, 2016
Postemployment Benefits [Abstract]
Components of Net Periodic Pension Cost	The components of net periodic pension cost include the following (Dollars in millions): Three Months Ended Nine Months Ended 2016 2015 2016 2015 Service cost $ 3.2 $ 4.1 $ 9.4 $ 12.4 Interest cost 5.7 7.1 16.9 21.3 Expected return on plan assets (8.3 ) (8.4 ) (24.9 ) (25.3 ) Amortization of prior service cost, initial net asset and net actuarial gain 2.8 3.7 8.6 11.0 Net periodic pension costs $ 3.4 $ 6.5 $ 10.0 $ 19.4
Components of Net Periodic Cost for Postretirement Benefits	The components of net periodic cost for postretirement benefits include the following (Dollars in millions): Three Months Ended Nine Months Ended 2016 2015 2016 2015 Service cost $ — $ — $ — $ — Interest cost 0.2 0.1 0.4 0.5 Amortization of prior service cost and recognized actuarial gain (0.4 ) (0.4 ) (1.2 ) (1.2 ) Net periodic benefit for postretirement benefits $ (0.2 ) $ (0.3 ) $ (0.8 ) $ (0.7 )

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Jul. 31, 2016
Earnings Per Share [Abstract]
Computation of Class Based Basic and Diluted Earnings Per Share	The Company calculates EPS as follows: Basic Class A EPS = 40% * Average Class A Shares Outstanding * Undistributed Net Income + Class A Dividends Per Share 40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding Average Class A Shares Diluted Class A EPS = 40% * Average Class A Shares Outstanding * Undistributed Net Income + Class A Dividends Per Share 40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding Average Diluted Class A Shares Basic Class B EPS = 60% * Average Class B Shares Outstanding * Undistributed Net Income + Class B Dividends Per Share 40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding Average Class B Shares * Diluted Class B EPS calculation is identical to Basic Class B calculation
Computation of Earnings Per Share Basic and Diluted	The following table provides EPS information for each period, respectively: Three Months Ended Nine Months Ended 2016 2015 2016 2015 Numerator for basic and diluted EPS Net income attributable to Greif, Inc. $ 46.1 $ 8.6 $ 66.4 $ 59.5 Cash dividends (24.7 ) (24.8 ) (74.0 ) (74.0 ) Undistributed net (loss) income attributable to Greif, Inc. $ 21.4 $ (16.2 ) $ (7.6 ) $ (14.5 )
Summarization of Company's Class A and Class B Common and Treasury Shares	The following table summarizes the Company’s Class A and Class B common and treasury shares as of the specified dates: Authorized Shares Issued Shares Outstanding Shares Treasury Shares July 31, 2016 Class A Common Stock 128,000,000 42,281,920 25,781,791 16,500,129 Class B Common Stock 69,120,000 34,560,000 22,009,725 12,550,275 October 31, 2015 Class A Common Stock 128,000,000 42,281,920 25,693,564 16,588,356 Class B Common Stock 69,120,000 34,560,000 22,119,966 12,440,034
Reconciliation of Shares Used to Calculate Basic and Diluted Earnings Per Share	The following is a reconciliation of the shares used to calculate basic and diluted earnings per share: Three Months Ended Nine Months Ended 2016 2015 2016 2015 Class A Common Stock: Basic shares 25,781,146 25,692,973 25,746,797 25,659,750 Assumed conversion of stock options 2,038 5,574 349 5,574 Diluted shares 25,783,184 25,698,547 25,747,146 25,665,324 Class B Common Stock: Basic and diluted shares 22,009,725 22,119,966 22,079,544 22,119,966

Equity and Comprehensive Inco36

Equity and Comprehensive Income (Loss) (Tables)	9 Months Ended
	Jul. 31, 2016
Equity [Abstract]
Summary of Changes in Equity	The following table summarizes the changes of equity from October 31, 2015 to July 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 66.4 66.4 2.6 69.0 Other comprehensive income (loss): - foreign currency translation (5.3 ) (5.3 ) (4.3 ) (9.6 ) - minimum pension liability adjustment, net of income tax expense 3.5 3.5 3.5 Comprehensive income (loss) 64.6 62.9 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 (3.1 ) (3.1 ) (3.1 ) Reclassification of redeemable noncontrolling interest 1.2 1.2 (22.8 ) (21.6 ) Net income allocated to redeemable noncontrolling interests (3.9 ) (3.9 ) Other — (0.4 ) (0.4 ) Dividends paid to Greif, Inc. shareholders (74.0 ) (74.0 ) (74.0 ) Contributions from noncontrolling interest — 0.8 0.8 Dividends to noncontrolling interests (3.9 ) (3.9 ) Treasury shares acquired (110 ) 110 (5.2 ) (5.2 ) (5.2 ) Restricted stock executives and directors 47 1.3 (47 ) 0.1 1.4 1.4 Long-term incentive shares issued 41 1.0 (41 ) 0.1 1.1 1.1 As of July 31, 2016 47,792 $ 141.4 29,050 $ (135.6 ) $ 1,355.2 $ (379.2 ) $ 981.8 $ 12.4 $ 994.2 The following table summarizes the changes of equity from October 31, 2014 to July 31, 2015 (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, 2014 47,724 $ 135.5 29,118 $ (130.7 ) $ 1,411.7 $ (274.4 ) $ 1,142.1 $ 81.1 $ 1,223.2 Net income 59.5 59.5 (1.5 ) 58.0 Other comprehensive income (loss): - foreign currency translation (87.7 ) (87.7 ) (21.8 ) (109.5 ) - Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit 0.1 0.1 0.1 - minimum pension liability adjustment, net of income tax benefit of $2.4 million 5.5 5.5 5.5 Comprehensive income (loss) (22.6 ) (45.9 ) Acquisition of noncontrolling interest and other (0.4 ) (0.4 ) (10.1 ) (10.5 ) Dividends paid to Greif, Inc. shareholders (74.0 ) (74.0 ) (74.0 ) Dividends paid to noncontrolling interests — (4.0 ) (4.0 ) Stock options exercised 10 0.2 (10 ) — 0.2 0.2 Restricted stock executives and directors 31 1.4 (31 ) — 1.4 1.4 Long-term incentive shares issued 49 2.0 (49 ) 0.1 2.1 2.1 As of July 31, 2015 47,814 $ 139.1 29,028 $ (130.6 ) $ 1,396.8 $ (356.5 ) $ 1,048.8 $ 43.7 $ 1,092.5
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table provides the rollforward of accumulated other comprehensive income (loss) for the nine months ended July 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) Before Reclassifications (5.3 ) 3.5 (1.8 ) Current-period Other Comprehensive Income (Loss) (5.3 ) 3.5 (1.8 ) Balance as of July 31, 2016 $ (261.9 ) $ (117.3 ) $ (379.2 ) The following table provides the rollforward of accumulated other comprehensive income (loss) for the nine months ended July 31, 2015 (Dollars in millions): Foreign Currency Translation Cash Flow Hedges Minimum Pension Liability Adjustment Accumulated Other Comprehensive Income (Loss) Balance as of October 31, 2014 $ (144.5 ) $ (0.1 ) $ (129.8 ) $ (274.4 ) Other Comprehensive Income (Loss) Before Reclassifications (87.7 ) — 5.5 (82.2 ) Amounts reclassified from Accumulated Other Comprehensive Loss — 0.1 — 0.1 Current-period Other Comprehensive Income (Loss) (87.7 ) 0.1 5.5 (82.1 ) Balance as of July 31, 2015 $ (232.2 ) $ — $ (124.3 ) $ (356.5 )

Business Segment Information (T

Business Segment Information (Tables)	9 Months Ended
	Jul. 31, 2016
Segment Reporting [Abstract]
Segment Information	The following segment information is presented for the periods indicated (Dollars in millions): Three Months Ended Nine Months Ended 2016 2015 2016 2015 Net sales Rigid Industrial Packaging & Services $ 596.8 $ 669.0 $ 1,721.3 $ 1,985.3 Paper Packaging & Services 172.5 176.7 498.1 496.3 Flexible Products & Services 69.9 79.2 219.0 249.3 Land Management 5.8 5.1 17.6 17.3 Total net sales $ 845.0 $ 930.0 $ 2,456.0 $ 2,748.2 Operating profit (loss): Rigid Industrial Packaging & Services $ 56.7 $ 29.5 $ 113.4 $ 75.5 Paper Packaging & Services 19.1 21.5 64.4 76.7 Flexible Products & Services (5.9 ) (9.7 ) (11.9 ) (23.8 ) Land Management 1.7 2.9 6.1 32.3 Total operating profit $ 71.6 $ 44.2 $ 172.0 $ 160.7 Depreciation, depletion and amortization expense: Rigid Industrial Packaging & Services $ 20.8 $ 21.8 $ 63.7 $ 70.2 Paper Packaging & Services 8.0 6.8 23.6 21.5 Flexible Products & Services 1.8 2.2 5.9 6.6 Land Management 0.9 0.8 2.6 2.6 Total depreciation, depletion and amortization expense $ 31.5 $ 31.6 $ 95.8 $ 100.9
Net Sales to External Customers by Geographical Area	The following table presents net sales to external customers by geographic area (Dollars in millions): Three Months Ended Nine Months Ended 2016 2015 2016 2015 Net sales: United States $ 400.3 $ 431.5 $ 1,179.0 $ 1,269.7 Europe, Middle East and Africa 318.9 337.3 905.9 979.5 Asia Pacific and other Americas 125.8 161.2 371.1 499.0 Total net sales $ 845.0 $ 930.0 $ 2,456.0 $ 2,748.2
Properties, Plants and Equipment, Net by Geographical Area	The following table presents total assets by segment and total properties, plants and equipment, net by geographic area (Dollars in millions): July 31, October 31, Assets: Rigid Industrial Packaging & Services $ 1,978.4 $ 2,043.3 Paper Packaging & Services 444.6 444.0 Flexible Products & Services 166.1 187.0 Land Management 337.4 335.2 Total segments 2,926.5 3,009.5 Corporate and other 257.4 306.2 Total assets $ 3,183.9 $ 3,315.7 Properties, plants and equipment, net: United States $ 719.3 $ 734.1 Europe, Middle East and Africa 314.3 335.4 Asia Pacific and other Americas 139.4 148.2 Total properties, plants and equipment, net $ 1,173.0 $ 1,217.7

Redeemable Noncontrolling Int38

Redeemable Noncontrolling Interests (Tables)	9 Months Ended
	Jul. 31, 2016
Rollforward of Redeemable Noncontrolling Interest	The following table provides the rollforward of the redeemable noncontrolling interest for the nine months ended July 31, 2016 (Dollars in millions): Redeemable Noncontrolling Interest Balance as of October 31, 2015 $ — Reclassification of book value of noncontrolling interest 12.4 Out-of period mark to redemption value* 19.8 Current period mark to redemption value 3.1 Repurchase of redeemable shareholder interest (5.5 ) Redeemable Noncontrolling Interest share of Income/(Loss) and other 3.9 Contributions from /(Dividends to) redeemable noncontolling interest and other (1.4 ) Balance as of July 31, 2016 $ 32.3 * The out-of-period mark to redemption value amounts were charged to retained earnings in the first quarter of 2016.
Container Life Cycle Management LLC
Rollforward of Redeemable Noncontrolling Interest	The following table provides the rollforward of the mandatorily redeemable noncontrolling interest for the nine months ended July 31, 2016 (Dollars in millions): Mandatorily Redeemable Noncontrolling Interest Balance as of October 31, 2015 $ — Reclassification of book value of noncontrolling interest 10.4 Out-of period reversal of cumulative income allocated to noncontrolling interest (1.2 ) Out-of period mark to redemption value 0.1 Current period mark to redemption value 1.5 Repurchase of redeemable shareholder interest (0.8 ) Balance as of July 31, 2016 $ 10.0

Acquisitions and Divestitures -

Acquisitions and Divestitures - Additional Information (Detail) $ in Millions	3 Months Ended			9 Months Ended
	Jul. 31, 2016USD ($)	Apr. 30, 2016USD ($)business	Jul. 31, 2015USD ($)	Jul. 31, 2016USD ($)business	Jul. 31, 2015USD ($)business
Business Acquisition [Line Items]
Number of divestitures (business) | business				4	8
Number of acquisitions (business) | business				0	0
Gain (loss) on divestitures	$ 1.3		$ 1.1	$ 4.1	$ (8.5)
Consideration for divestiture	25.2			25.2
Proceeds from divestitures				$ 23.8	$ 18.9
Rigid Industrial Packaging & Services
Business Acquisition [Line Items]
Number of divestitures (business) | business				3	6
Flexible Products & Services
Business Acquisition [Line Items]
Number of divestitures (business) | business				1	2
Minimum
Business Acquisition [Line Items]
Notes receivable term				14 months
Maximum
Business Acquisition [Line Items]
Notes receivable term				29 months
2016 Divestitures
Business Acquisition [Line Items]
Number of divestitures (business) | business		2
2015 Divestitures
Business Acquisition [Line Items]
Proceeds from divestitures				$ 1
Notes Receivable
Business Acquisition [Line Items]
Consideration for divestiture	$ 4.4			$ 4.4
Notes Receivable | 2016 Divestitures
Business Acquisition [Line Items]
Consideration for divestiture		$ 2.4

Sale of Non-United States Acc40

Sale of Non-United States Accounts Receivable - Additional Information (Detail)	Oct. 31, 2015USD ($)	Jul. 31, 2016USD ($)	Jul. 31, 2016EUR (€)	Jul. 31, 2016SGD
Finance Receivable Transferred To Held For Sale [Line Items]
Minimum percentage of eligible receivables related with bank funds initial purchase price		75.00%
Maximum percentage of eligible receivables related with bank funds initial purchase price		90.00%
European RPA
Finance Receivable Transferred To Held For Sale [Line Items]
Financing receivable maximum amount under receivable purchase agreement		$ 110,600,000	€ 100,000,000
Purchasing Bank Affiliate
Finance Receivable Transferred To Held For Sale [Line Items]
Excess cash loaned back in exchange for subordinated note receivable	$ 44,200,000
Singapore RPA
Finance Receivable Transferred To Held For Sale [Line Items]
Financing receivable maximum amount under receivable purchase agreement		$ 11,100,000		SGD 15,000,000

Sale of Non-United States Acc41

Sale of Non-United States Accounts Receivable - Company's Accounts Receivables Programs (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015	Oct. 31, 2015
European RPA
Finance Receivable Transferred To Held For Sale [Line Items]
Gross accounts receivable sold to third party financial institution	$ 160	$ 165.9	$ 463.3	$ 552.6
Cash received for accounts receivable sold under the programs	140.7	147.1	409.2	489.5
Deferred purchase price related to accounts receivable sold	19.3	18.8	53.7	63.1
Loss associated with the programs	0.2	0.3	0.7	1.2
Expenses associated with the programs	0	0	0	0
Accounts receivable sold to and held by third party financial institution	116.8		116.8		$ 114.8
Uncollected deferred purchase price related to accounts receivable sold	25.9		25.9		0
Deferred purchase price liability related to accounts receivable sold	0		0		(1.5)
Singapore RPA
Finance Receivable Transferred To Held For Sale [Line Items]
Gross accounts receivable sold to third party financial institution	11.4	12	32.5	36.4
Cash received for accounts receivable sold under the programs	11.4	12	32.5	36.4
Deferred purchase price related to accounts receivable sold	0	0	0	0
Loss associated with the programs	0	0	0	0
Expenses associated with the programs	0	0	0	0.1
Accounts receivable sold to and held by third party financial institution	3.5		3.5		4
Uncollected deferred purchase price related to accounts receivable sold	0		0		0
Total RPAs
Finance Receivable Transferred To Held For Sale [Line Items]
Gross accounts receivable sold to third party financial institution	171.4	177.9	495.8	589
Cash received for accounts receivable sold under the programs	152.1	159.1	441.7	525.9
Deferred purchase price related to accounts receivable sold	19.3	18.8	53.7	63.1
Loss associated with the programs	0.2	0.3	0.7	1.2
Expenses associated with the programs	0	$ 0	0	$ 0.1
Accounts receivable sold to and held by third party financial institution	120.3		120.3		118.8
Uncollected deferred purchase price related to accounts receivable sold	25.9		25.9		0
Deferred purchase price liability related to accounts receivable sold	$ 0		$ 0		$ (1.5)

Inventories - Summarization of

Inventories - Summarization of Inventories (Detail) - USD ($) $ in Millions	Jul. 31, 2016	Oct. 31, 2015
Inventory Disclosure [Abstract]
Raw materials	$ 191.1	$ 190.7
Work-in-process	12.8	18.3
Finished Goods	84.6	88
Inventories, Net	$ 288.5	$ 297

Assets and Liabilities Held f43

Assets and Liabilities Held for Sale and Disposals of Properties, Plants and Equipment, Net, and Timberland Gains - Summary of Assets and Liabilities Classified as Held For Sale (Detail) - USD ($) $ in Millions	Jul. 31, 2016	Oct. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]
Trade accounts receivable, less allowance	$ 0	$ 2.3
Inventories	0	1.6
Properties, plants and equipment, net	11.7	8.1
Other assets	0	4.9
Assets held for sale	11.7	16.9
Accounts payable	0	1.8
Liabilities held for sale	$ 0	$ 1.8

Assets and Liabilities Held f44

Assets and Liabilities Held for Sale and Disposals of Properties, Plants and Equipment, Net, and Timberland Gains - Additional Information (Detail) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016USD ($)asset_group	Jul. 31, 2015USD ($)	Jul. 31, 2016USD ($)asset_group	Jul. 31, 2015USD ($)	Oct. 31, 2015asset_group
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net	$ 0.7	$ 7	$ 9.5	$ 9.3
Timberland gains	0	0	0	24.3
Other Net Gains
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net	$ 0.3	1.1	$ 0.7
Rigid Industrial Packaging & Services
Long Lived Assets Held-for-sale [Line Items]
Number of assets groups with assets and liabilities held for sale (asset group) | asset_group	1		1		4
Gain (loss) on disposals of properties, plants and equipment, net			$ 6.4	6.6
Rigid Industrial Packaging & Services | Assets Held for Sale
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net	$ (0.2)	4.4
Flexible Products & Services
Long Lived Assets Held-for-sale [Line Items]
Number of assets groups with assets and liabilities held for sale (asset group) | asset_group	1		1		1
Flexible Products & Services | Assets Held for Sale
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net	$ 0.4		$ 1.3
Paper Packaging & Services
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net	$ 0.2		0.2
Land Management
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net		$ 1.5	$ 0.9	$ 2.7

Goodwill and Other Intangible45

Goodwill and Other Intangible Assets - Summary of Changes in Carrying Amount of Goodwill by Segment (Detail) $ in Millions	9 Months Ended
	Jul. 31, 2016USD ($)
Goodwill [Roll Forward]
October 31, 2015	$ 807.1
Goodwill acquired	0
Goodwill allocated to divestitures and businesses held for sale	3.4
Goodwill adjustments	0
Goodwill impairment charge	(21)
Currency translation	1.5
July 31, 2016	791
Rigid Industrial Packaging & Services
Goodwill [Roll Forward]
October 31, 2015	747.6
Goodwill acquired	0
Goodwill allocated to divestitures and businesses held for sale	3.4
Goodwill adjustments	0
Goodwill impairment charge	(21)
Currency translation	1.5
July 31, 2016	731.5
Paper Packaging & Services
Goodwill [Roll Forward]
October 31, 2015	59.5
Goodwill acquired	0
Goodwill allocated to divestitures and businesses held for sale	0
Goodwill adjustments	0
Currency translation	0
July 31, 2016	$ 59.5

Goodwill and Other Intangible46

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015	Oct. 31, 2015
Goodwill And Other Intangible Assets [Line Items]
Amortization expense	$ 4.2	$ 4.5	$ 12.7	$ 13.9
Future amortization expense, 2016	16.9		16.9
Future amortization expense, 2017	16.1		16.1
Future amortization expense, 2018	15.7		15.7
Future amortization expense, 2019	15.7		15.7
Future amortization expense, 2020	15.1		15.1
Flexible Products & Services
Goodwill And Other Intangible Assets [Line Items]
Accumulated goodwill impairment loss	$ 50.3		$ 50.3		$ 50.3

Goodwill and Other Intangible47

Goodwill and Other Intangible Assets - Summary of Carrying Amount of Net Other Intangible Assets by Class (Detail) - USD ($) $ in Millions	Jul. 31, 2016	Oct. 31, 2015
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	$ 228.1	$ 235.3
Accumulated Amortization	108.3	102.6
Net Intangible Assets	119.8	132.7
Trademarks and patents
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Indefinite Lived Intangible Assets	13.1	13.1
Customer relationships
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	177.9	180.7
Accumulated Amortization	89	81.7
Net Intangible Assets	88.9	99
Trademarks and patents
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	12.1	12.4
Accumulated Amortization	4.6	4.2
Net Intangible Assets	7.5	8.2
Non-compete agreements
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	1.1	4.9
Accumulated Amortization	1	4.5
Net Intangible Assets	0.1	0.4
Other
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	23.9	24.2
Accumulated Amortization	13.7	12.2
Net Intangible Assets	$ 10.2	$ 12

Restructuring Charges - Reconci

Restructuring Charges - Reconciliation of Beginning and Ending Restructuring Reserve Balances (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Restructuring Reserve [Roll Forward]
Beginning balance			$ 21.3
Costs incurred and charged to expense	$ 10.2	$ 16.2	17.9	$ 26.7
Costs paid or otherwise settled			(24.4)
Ending balance	14.8		14.8
Employee Separation Costs
Restructuring Reserve [Roll Forward]
Beginning balance			14.7
Costs incurred and charged to expense	5.3		10.7
Costs paid or otherwise settled			(16.6)
Ending balance	8.8		8.8
Other Costs
Restructuring Reserve [Roll Forward]
Beginning balance			6.6
Costs incurred and charged to expense	4.9		7.2
Costs paid or otherwise settled			(7.8)
Ending balance	$ 6		$ 6

Restructuring Charges - Additio

Restructuring Charges - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015	Oct. 31, 2015
Restructuring and Related Costs [Line Items]
Restructuring charges	$ 10.2	$ 16.2	$ 17.9	$ 26.7
Amounts Remaining to be Incurred	12.9		12.9		$ 14.7
Employee Separation Costs
Restructuring and Related Costs [Line Items]
Restructuring charges	5.3		10.7
Other Costs
Restructuring and Related Costs [Line Items]
Restructuring charges	$ 4.9		$ 7.2

Restructuring Charges - Recon50

Restructuring Charges - Reconciliation of Total Amounts Expected to be Incurred from Open Restructuring Plans Anticipated to be Realized (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015	Oct. 31, 2015
Restructuring and Related Costs [Line Items]
Total Amounts Expected to be Incurred	$ 30.8		$ 30.8
Restructuring charges	10.2	$ 16.2	17.9	$ 26.7
Amounts Remaining to be Incurred	12.9		12.9		$ 14.7
Employee Separation Costs
Restructuring and Related Costs [Line Items]
Restructuring charges	5.3		10.7
Other Costs
Restructuring and Related Costs [Line Items]
Restructuring charges	4.9		7.2
Rigid Industrial Packaging & Services
Restructuring and Related Costs [Line Items]
Total Amounts Expected to be Incurred	22.4		22.4
Restructuring charges			11.2
Amounts Remaining to be Incurred	11.2		11.2
Rigid Industrial Packaging & Services | Employee Separation Costs
Restructuring and Related Costs [Line Items]
Total Amounts Expected to be Incurred	17.4		17.4
Restructuring charges			6.6
Amounts Remaining to be Incurred	10.8		10.8
Rigid Industrial Packaging & Services | Other Costs
Restructuring and Related Costs [Line Items]
Total Amounts Expected to be Incurred	5		5
Restructuring charges			4.6
Amounts Remaining to be Incurred	0.4		0.4
Flexible Products & Services
Restructuring and Related Costs [Line Items]
Total Amounts Expected to be Incurred	7.3		7.3
Restructuring charges			5.6
Amounts Remaining to be Incurred	1.7		1.7
Flexible Products & Services | Employee Separation Costs
Restructuring and Related Costs [Line Items]
Total Amounts Expected to be Incurred	5.5		5.5
Restructuring charges			3.8
Amounts Remaining to be Incurred	1.7		1.7
Flexible Products & Services | Other Costs
Restructuring and Related Costs [Line Items]
Total Amounts Expected to be Incurred	1.8		1.8
Restructuring charges			1.8
Amounts Remaining to be Incurred	0		0
Paper Packaging & Services
Restructuring and Related Costs [Line Items]
Total Amounts Expected to be Incurred	1.1		1.1
Restructuring charges			1.1
Amounts Remaining to be Incurred	0		0
Paper Packaging & Services | Employee Separation Costs
Restructuring and Related Costs [Line Items]
Total Amounts Expected to be Incurred	0.3		0.3
Restructuring charges			0.3
Amounts Remaining to be Incurred	0		0
Paper Packaging & Services | Other Costs
Restructuring and Related Costs [Line Items]
Total Amounts Expected to be Incurred	0.8		0.8
Restructuring charges			0.8
Amounts Remaining to be Incurred	$ 0		$ 0

Consolidation of Variable Int51

Consolidation of Variable Interest Entities - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015	Oct. 31, 2015
Variable Interest Entity [Line Items]
Restricted bank financial instruments under Buyer SPE	$ 50.9		$ 50.9		$ 50.9
Interest income of Buyer SPE	0.6	$ 0.6	1.8	$ 1.8
Net loss attributable to noncontrolling interests	(0.3)	(0.7)	(2.6)	1.5
STA Timber
Variable Interest Entity [Line Items]
Debt instrument, principal outstanding	43.3		43.3		$ 43.3
Interest expense	0.5	0.5	1.7	1.7
Flexible Packaging JV
Variable Interest Entity [Line Items]
Net loss attributable to noncontrolling interests	$ 1.9	$ 2.6	$ 4.5	$ 8.9

Consolidation of Variable Int52

Consolidation of Variable Interest Entities - Total Net Assets of Flexible Packaging JV (Detail) - USD ($) $ in Millions	Jul. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Oct. 31, 2014
Variable Interest Entity [Line Items]
Cash and cash equivalents	$ 94.3	$ 106.2	$ 101.7	$ 85.1
Trade accounts receivable, less allowance of $2.9 in 2016 and $3.2 in 2015	418.1	403.7
Inventories	288.5	297
Properties, plants and equipment, net	1,173	1,217.7
Total Assets	50.9	50.9
Accounts payable	340.5	355.3
Total Liabilities	43.3	43.3
Allowance of trade accounts receivable	9.2	11.8
Flexible Packaging JV
Variable Interest Entity [Line Items]
Cash and cash equivalents	10.3	14.5
Trade accounts receivable, less allowance of $2.9 in 2016 and $3.2 in 2015	45	47.5
Inventories	50.8	44.7
Properties, plants and equipment, net	29	43.1
Other assets	41.7	36.8
Total Assets	176.8	186.6
Accounts payable	27.6	27.9
Other liabilities	43.2	50.6
Total Liabilities	70.8	78.5
Allowance of trade accounts receivable	$ 2.9	$ 3.2

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Detail) - USD ($) $ in Millions	Jul. 31, 2016	Oct. 31, 2015
Debt Instrument [Line Items]
Other debt	$ 11.4	$ 15.8
Total long-term debt	1,058.9	1,146.9
Less current portion	(300.3)	(30.7)
Long-term debt	758.6	1,116.2
Amended Credit Agreement
Debt Instrument [Line Items]
Amended Credit Agreement	205.7	217.4
Senior Notes due 2017
Debt Instrument [Line Items]
Senior Notes	300.3	300.7
Senior Notes due 2019
Debt Instrument [Line Items]
Senior Notes	246.7	246
Senior Notes due 2021
Debt Instrument [Line Items]
Senior Notes	219.8	219.4
Amended Receivables Facility
Debt Instrument [Line Items]
Amended Receivables Facility	$ 75	$ 147.6

Long-Term Debt - Credit Agreeme

Long-Term Debt - Credit Agreement Additional Information (Detail)	9 Months Ended
	Jul. 31, 2016USD ($)	Oct. 31, 2015USD ($)	Dec. 19, 2012USD ($)
Debt Instrument [Line Items]
Total borrowing capacity available in line of credit facility	$ 705,100,000
Reduction in outstanding letter of credit	$ 14,400,000
Minimum
Debt Instrument [Line Items]
Leverage ratio, adjusted EBITDA	4
Maximum
Debt Instrument [Line Items]
Interest coverage ratio, adjusted EBITDA	3
Amended Credit Agreement
Debt Instrument [Line Items]
Amount borrowed under multi currency credit facility			$ 1,000,000,000
Outstanding amount	$ 205,700,000	$ 217,400,000
Weighted average interest rate on the Amended Credit Agreement	1.91%
Actual interest rate on the Amended Credit Agreement	1.28%

Long-Term Debt - Senior Notes A

Long-Term Debt - Senior Notes Additional Information (Detail)	Feb. 09, 2009	Jul. 31, 2016	Jul. 15, 2011EUR (€)	Jul. 28, 2009USD ($)	Feb. 09, 2007USD ($)
Senior Notes due 2017
Debt Instrument [Line Items]
Senior notes issued					$ 300,000,000
Interest of senior notes					6.75%
Senior notes due date	Feb. 1, 2017
Senior Notes due 2019
Debt Instrument [Line Items]
Senior notes issued				$ 250,000,000
Interest of senior notes				7.75%
Senior notes due date		Aug. 1, 2019
Senior Notes due 2021
Debt Instrument [Line Items]
Senior notes issued | €			€ 200,000,000
Interest of senior notes			7.375%
Senior notes due date		Jul. 15, 2021

Long-Term Debt - United States

Long-Term Debt - United States Trade Accounts Receivable Credit Facility Additional Information (Detail) - USD ($)	Dec. 01, 2015	Sep. 30, 2013
United States Trade Accounts Receivable Credit Facility
Debt Instrument [Line Items]
Amount borrowed under multi currency credit facility	$ 150,000,000	$ 170,000,000

Financial Instruments and Fai57

Financial Instruments and Fair Value Measurements - Recurring Fair Value Measurements (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Millions	Jul. 31, 2016	Oct. 31, 2015
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	$ 20.5	$ 20.2
Level 1
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	0	0
Level 2
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	0.4	0.1
Level 3
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	20.1	20.1
Prepaid expenses and other current assets | Foreign exchange hedges
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	0.5	0.3
Prepaid expenses and other current assets | Level 1 | Foreign exchange hedges
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	0	0
Prepaid expenses and other current assets | Level 2 | Foreign exchange hedges
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	0.5	0.3
Prepaid expenses and other current assets | Level 3 | Foreign exchange hedges
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	0	0
Other current liabilities | Foreign exchange hedges
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	(0.1)	(0.2)
Other current liabilities | Level 1 | Foreign exchange hedges
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	0	0
Other current liabilities | Level 2 | Foreign exchange hedges
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	(0.1)	(0.2)
Other current liabilities | Level 3 | Foreign exchange hedges
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	0	0
Other long-term assets | Insurance annuity
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	20.1	20.1
Other long-term assets | Level 1 | Insurance annuity
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	0	0
Other long-term assets | Level 2 | Insurance annuity
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	0	0
Other long-term assets | Level 3 | Insurance annuity
Fair Value Assets Measured On Recurring Basis [Line Items]
Fair value of assets (liabilities)	$ 20.1	$ 20.1

Financial Instruments and Fai58

Financial Instruments and Fair Value Measurements - Additional Information (Detail)	3 Months Ended		9 Months Ended
	Jul. 31, 2016USD ($)asset_group	Jul. 31, 2015USD ($)	Jul. 31, 2016USD ($)asset_group	Jul. 31, 2015USD ($)	Oct. 31, 2015USD ($)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) recorded under fair value contracts	$ (2,000,000)	$ 600,000	$ (2,300,000)	$ (6,200,000)
Recognized asset impairment charges	4,100,000	$ 17,600,000	44,900,000	$ 22,300,000
Rigid Industrial Packaging & Services Segment
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized asset impairment charges	1,300,000		5,000,000
Paper Packaging & Services Segment
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized asset impairment charges			1,500,000
Flexible Products & Services
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized asset impairment charges			800,000
Rigid Industrial Packaging & Services
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized amount of additional impairment related to assets and liabilities held and used	$ 2,800,000		$ 14,000,000
Number of impaired assets held for sale (asset group) | asset_group			1
Goodwill allocated to business classified as held for sale			$ 11,900,000
Number of asset groups sold (asset group) | asset_group	1
Rigid Industrial Packaging & Services | Assets Held And Used
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Number of impaired assets held and used (asset group) | asset_group			3
Recognized amount of additional impairment related to assets and liabilities held and used			$ 23,600,000
Goodwill allocated to business classified as held and used			9,100,000
Foreign Currency Forward Contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount	$ 85,100,000		$ 85,100,000		$ 129,900,000

Financial Instruments And Fai59

Financial Instruments And Fair Value Measurements - Estimated Fair Values for the Company's Senior Notes and Assets Held by Special Purpose Entities (Detail) - Estimate of Fair Value Measurement - USD ($) $ in Millions	Jul. 31, 2016	Oct. 31, 2015
Senior Notes due 2017
Estimated Fair Value Of Financial Instruments [Line Items]
Estimated fair value	$ 307.2	$ 314.8
Senior Notes due 2019
Estimated Fair Value Of Financial Instruments [Line Items]
Estimated fair value	282.5	280.6
Senior Notes due 2021
Estimated Fair Value Of Financial Instruments [Line Items]
Estimated fair value	$ 266.9	$ 258.7

Financial Instruments and Fai60

Financial Instruments and Fair Value Measurements - Summary of Quantitative about Significant Unobservable Inputs Used to Determine Fair Value of Impairment of Long-Lived Assets Held and Used (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value of Impairment	$ 4.1	$ 17.6	$ 44.9	$ 22.3
Broker Quote/ Indicative Bids | Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value of Impairment			$ 37.6
Unobservable Input			Indicative Bids
Broker Quote/ Indicative Bids | Level 3 | Land and Building
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value of Impairment				$ 17.7
Unobservable Input				Indicative Bids
Sales Value | Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value of Impairment			$ 7.3
Unobservable Input			Sales Value
Sales Value | Level 3 | Machinery and Equipment
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value of Impairment				$ 3
Unobservable Input				Sales Value

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Income Tax Disclosure [Abstract]
Income tax expense	$ 3,500,000	$ 18,700,000	$ 38,200,000	$ 45,800,000
Deferred income taxes	$ 0		$ 0

Post Retirement Benefit Plans -

Post Retirement Benefit Plans - Components of Net Periodic Pension Cost (Detail) - Pension Plans, Defined Benefit - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 3.2	$ 4.1	$ 9.4	$ 12.4
Interest cost	5.7	7.1	16.9	21.3
Expected return on plan assets	(8.3)	(8.4)	(24.9)	(25.3)
Amortization of prior service cost, initial net asset and net actuarial gain	2.8	3.7	8.6	11
Net periodic costs (benefits) for pension and postretirement benefits	$ 3.4	$ 6.5	$ 10	$ 19.4

Post Retirement Benefit Plans63

Post Retirement Benefit Plans - Additional Information (Detail) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015
Postemployment Benefits [Abstract]
Company's pension contributions	$ 9.4	$ 8.1
Company's estimated pension contributions	$ 12.5

Post Retirement Benefit Plans64

Post Retirement Benefit Plans - Components of Net Periodic Cost for Postretirement Benefits (Detail) - Other Postretirement Benefit Plans, Defined Benefit - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	0.2	0.1	0.4	0.5
Amortization of prior service cost and recognized actuarial gain	(0.4)	(0.4)	(1.2)	(1.2)
Net periodic costs (benefits) for pension and postretirement benefits	$ (0.2)	$ (0.3)	$ (0.8)	$ (0.7)

Contingent Liabilities and En65

Contingent Liabilities and Environmental Reserves - Additional Information (Detail) - USD ($) $ in Millions	Jul. 31, 2016	Oct. 31, 2015
Site Contingency [Line Items]
Environmental liability reserves	$ 9	$ 8.2
European Drum Facilities
Site Contingency [Line Items]
Environmental liability reserves	4.2	4.3
Life Cycle Management and Recycling Facilities
Site Contingency [Line Items]
Environmental liability reserves	2.1	2
Owned by Other Company
Site Contingency [Line Items]
Environmental liability reserves	1.7	0.8
Other Facilities
Site Contingency [Line Items]
Environmental liability reserves	$ 1	$ 1.1

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	9 Months Ended	141 Months Ended
	Jul. 31, 2016	Jul. 31, 2016	Apr. 30, 2016
Class of Stock [Line Items]
Number of shares authorized to be purchased (shares)	4,000,000	4,000,000
Repurchase of common stock (shares)		0
Shares repurchased of common stock (shares)	3,294,513	3,294,513
Class A Common Stock
Class of Stock [Line Items]
Percentage of shares outstanding used in two class method calculation	40.00%
Voting rights	The Class A Common Stock has no voting rights unless four quarterly cumulative dividends upon the Class A Common Stock are in arrears.
Shares repurchased of common stock (shares)	1,425,452	1,425,452
Class B Common Stock
Class of Stock [Line Items]
Percentage of shares outstanding used in two class method calculation	60.00%
Voting rights	The Class B Common Stock has full voting rights.
Number of shares authorized to be purchased (shares)			110,241
Shares repurchased of common stock (shares)	1,869,061	1,869,061

Earnings Per Share - Computatio

Earnings Per Share - Computation of Earnings Per Share Basic and Diluted (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Numerator for basic and diluted EPS
Net income attributable to Greif, Inc.	$ 46.1	$ 8.6	$ 66.4	$ 59.5
Cash dividends	(24.7)	(24.8)	(74)	(74)
Undistributed net (loss) income attributable to Greif, Inc.	$ 21.4	$ (16.2)	$ (7.6)	$ (14.5)

Earnings Per Share - Summarizat

Earnings Per Share - Summarization of Company's Class A and Class B Common and Treasury Shares (Detail) - shares	Jul. 31, 2016	Oct. 31, 2015
Class A Common Stock
Class of Stock [Line Items]
Authorized Shares (shares)	128,000,000	128,000,000
Issued Shares (shares)	42,281,920	42,281,920
Outstanding Shares (shares)	25,781,791	25,693,564
Treasury Shares (shares)	16,500,129	16,588,356
Class B Common Stock
Class of Stock [Line Items]
Authorized Shares (shares)	69,120,000	69,120,000
Issued Shares (shares)	34,560,000	34,560,000
Outstanding Shares (shares)	22,009,725	22,119,966
Treasury Shares (shares)	12,550,275	12,440,034

Earnings Per Share - Reconcilia

Earnings Per Share - Reconciliation of Shares Used to Calculate Basic and Diluted Earnings Per Share (Detail) - shares	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Class A Common Stock
Class of Stock [Line Items]
Basic shares (shares)	25,781,146	25,692,973	25,746,797	25,659,750
Assumed conversion of stock options (shares)	2,038	5,574	349	5,574
Diluted shares (shares)	25,783,184	25,698,547	25,747,146	25,665,324
Class B Common Stock
Class of Stock [Line Items]
Basic shares (shares)	22,000,000	22,100,000	22,100,000	22,100,000
Diluted shares (shares)	22,000,000	22,100,000	22,100,000	22,100,000
Basic and diluted shares (shares)	22,009,725	22,119,966	22,079,544	22,119,966

Equity Earnings of Unconsolid70

Equity Earnings of Unconsolidated Affiliates, Net of Tax and Net (Income) Loss Attributable to Noncontrolling Interests - Additional Information (Detail)	3 Months Ended		9 Months Ended
	Jul. 31, 2016USD ($)	Jul. 31, 2015USD ($)	Jul. 31, 2016USD ($)affiliate	Jul. 31, 2015USD ($)affiliate
Noncontrolling Interest [Abstract]
Percentage of investments in affiliates in which company have non controlling interest			20.00%
Number of affiliates in which company has equity interest (affiliate) | affiliate			1	2
Equity earnings (losses)	$ 800,000	$ 600,000	$ 800,000	$ 300,000
Dividends received from company's equity method affiliates	0	0	0	0
Net (income) loss attributable to noncontrolling interests	$ (300,000)	$ (700,000)	$ (2,600,000)	$ 1,500,000

Equity and Comprehensive Inco71

Equity and Comprehensive Income (Loss) - Summary of Changes in Equity (Detail) - USD ($) shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			$ 1,059.9	$ 1,223.2
Net income	$ 46.4	$ 9.3	69	58
Other comprehensive income (loss):
Foreign currency translation	(27.6)	5.6	(9.6)	(109.5)
Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit	0	0	0	0.1
Minimum pension liability adjustment, net of income tax expense (benefit)	2.9	(0.9)	3.5	5.5
Comprehensive income (loss)	21.7	14	62.9	(45.9)
Acquisition of noncontrolling interest and other				(10.5)
Reclassification of redeemable noncontrolling interest			(21.6)
Net income allocated to redeemable noncontrolling interests			(3.9)
Other			(0.4)
Dividends paid to Greif, Inc. shareholders	(24.7)	(24.8)	(74)	(74)
Contributions from noncontrolling interest			0.8
Dividends to noncontrolling interests			(3.9)	(4)
Stock options exercised				0.2
Treasury shares acquired			(5.2)
Restricted stock executives and directors			1.4	1.4
Long-term incentive shares issued			1.1	2.1
Ending balance	994.2	1,092.5	994.2	1,092.5
Income tax benefit, minimum pension liability adjustment				2.4
Out of Period
Other comprehensive income (loss):
Mark to redemption value of redeemable noncontrolling interest			(19.8)
Current Period
Other comprehensive income (loss):
Mark to redemption value of redeemable noncontrolling interest			(3.1)
Capital Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			$ 139.1	$ 135.5
Beginning balance (shares)			47,814	47,724
Other comprehensive income (loss):
Stock options exercised				$ 0.2
Stock options exercised (shares)				10
Treasury shares acquired (shares)			(110)
Restricted stock executives and directors			$ 1.3	$ 1.4
Restricted stock executives and directors (shares)			47	31
Long-term incentive shares issued			$ 1	$ 2
Long-term incentive shares issued (shares)			41	49
Ending balance	$ 141.4	$ 139.1	$ 141.4	$ 139.1
Ending balance (shares)	47,792	47,814	47,792	47,814
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			$ (130.6)	$ (130.7)
Beginning balance (shares)			29,028	29,118
Other comprehensive income (loss):
Stock options exercised (shares)				(10)
Treasury shares acquired			$ (5.2)
Treasury shares acquired (shares)			110
Restricted stock executives and directors			$ 0.1
Restricted stock executives and directors (shares)			(47)	(31)
Long-term incentive shares issued			$ 0.1	$ 0.1
Long-term incentive shares issued (shares)			(41)	(49)
Ending balance	$ (135.6)	$ (130.6)	$ (135.6)	$ (130.6)
Ending balance (shares)	29,050	29,028	29,050	29,028
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			$ 1,384.5	$ 1,411.7
Net income			66.4	59.5
Other comprehensive income (loss):
Acquisition of noncontrolling interest and other				(0.4)
Reclassification of redeemable noncontrolling interest			1.2
Dividends paid to Greif, Inc. shareholders			(74)	(74)
Ending balance	$ 1,355.2	$ 1,396.8	1,355.2	1,396.8
Retained Earnings | Out of Period
Other comprehensive income (loss):
Mark to redemption value of redeemable noncontrolling interest			(19.8)
Retained Earnings | Current Period
Other comprehensive income (loss):
Mark to redemption value of redeemable noncontrolling interest			(3.1)
Accumulated Other Comprehensive Income (Loss)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			(377.4)	(274.4)
Other comprehensive income (loss):
Foreign currency translation			(5.3)	(87.7)
Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit				0.1
Minimum pension liability adjustment, net of income tax expense (benefit)			3.5	5.5
Ending balance	(379.2)	(356.5)	(379.2)	(356.5)
Non controlling interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			44.3	81.1
Net income			2.6	(1.5)
Other comprehensive income (loss):
Foreign currency translation			(4.3)	(21.8)
Acquisition of noncontrolling interest and other				(10.1)
Reclassification of redeemable noncontrolling interest			(22.8)
Net income allocated to redeemable noncontrolling interests			(3.9)
Other			(0.4)
Contributions from noncontrolling interest			0.8
Dividends to noncontrolling interests			(3.9)	(4)
Ending balance	12.4	43.7	12.4	43.7
Greif, Inc. Equity
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			1,015.6	1,142.1
Net income			66.4	59.5
Other comprehensive income (loss):
Foreign currency translation			(5.3)	(87.7)
Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit				0.1
Minimum pension liability adjustment, net of income tax expense (benefit)			3.5	5.5
Comprehensive income (loss)			64.6	(22.6)
Acquisition of noncontrolling interest and other				(0.4)
Reclassification of redeemable noncontrolling interest			1.2
Dividends paid to Greif, Inc. shareholders			(74)	(74)
Stock options exercised				0.2
Treasury shares acquired			(5.2)
Restricted stock executives and directors			1.4	1.4
Long-term incentive shares issued			1.1	2.1
Ending balance	$ 981.8	$ 1,048.8	981.8	$ 1,048.8
Greif, Inc. Equity | Out of Period
Other comprehensive income (loss):
Mark to redemption value of redeemable noncontrolling interest			(19.8)
Greif, Inc. Equity | Current Period
Other comprehensive income (loss):
Mark to redemption value of redeemable noncontrolling interest			$ (3.1)

Equity and Comprehensive Inco72

Equity and Comprehensive Income (Loss) - Schedule of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance			$ 1,059.9	$ 1,223.2
Other comprehensive income (loss), net of tax	$ (24.7)	$ 4.7	(6.1)	(103.9)
Ending balance	994.2	1,092.5	994.2	1,092.5
Foreign Currency Translation
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance			(256.6)	(144.5)
Other Comprehensive Income (Loss) Before Reclassifications			(5.3)	(87.7)
Amounts reclassified from Accumulated Other Comprehensive Loss				0
Other comprehensive income (loss), net of tax			(5.3)	(87.7)
Ending balance	(261.9)	(232.2)	(261.9)	(232.2)
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance				(0.1)
Other Comprehensive Income (Loss) Before Reclassifications				0
Amounts reclassified from Accumulated Other Comprehensive Loss				0.1
Other comprehensive income (loss), net of tax				0.1
Ending balance		0		0
Minimum Pension Liability Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance			(120.8)	(129.8)
Other Comprehensive Income (Loss) Before Reclassifications			3.5	5.5
Amounts reclassified from Accumulated Other Comprehensive Loss				0
Other comprehensive income (loss), net of tax			3.5	5.5
Ending balance	(117.3)	(124.3)	(117.3)	(124.3)
Accumulated Other Comprehensive Income (Loss)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance			(377.4)	(274.4)
Other Comprehensive Income (Loss) Before Reclassifications			(1.8)	(82.2)
Amounts reclassified from Accumulated Other Comprehensive Loss				0.1
Other comprehensive income (loss), net of tax			(1.8)	(82.1)
Ending balance	$ (379.2)	$ (356.5)	$ (379.2)	$ (356.5)

Business Segment Information -

Business Segment Information - Additional Information (Detail)	9 Months Ended
	Jul. 31, 2016Segment
Segment Reporting [Abstract]
Number of operating segments (segment)	5
Number of reportable business segment (segment)	4

Business Segment Information 74

Business Segment Information - Segment Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Net sales:
Total net sales	$ 845	$ 930	$ 2,456	$ 2,748.2
Operating profit (loss):
Total operating profit (loss)	71.6	44.2	172	160.7
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	31.5	31.6	95.8	100.9
Rigid Industrial Packaging & Services
Net sales:
Total net sales	596.8	669	1,721.3	1,985.3
Operating profit (loss):
Total operating profit (loss)	56.7	29.5	113.4	75.5
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	20.8	21.8	63.7	70.2
Paper Packaging & Services
Net sales:
Total net sales	172.5	176.7	498.1	496.3
Operating profit (loss):
Total operating profit (loss)	19.1	21.5	64.4	76.7
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	8	6.8	23.6	21.5
Flexible Products & Services
Net sales:
Total net sales	69.9	79.2	219	249.3
Operating profit (loss):
Total operating profit (loss)	(5.9)	(9.7)	(11.9)	(23.8)
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	1.8	2.2	5.9	6.6
Land Management
Net sales:
Total net sales	5.8	5.1	17.6	17.3
Operating profit (loss):
Total operating profit (loss)	1.7	2.9	6.1	32.3
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	$ 0.9	$ 0.8	$ 2.6	$ 2.6

Business Segment Information 75

Business Segment Information - Net Sales to External Customers by Geographical Area (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Net sales
Total net sales	$ 845	$ 930	$ 2,456	$ 2,748.2
United States
Net sales
Total net sales	400.3	431.5	1,179	1,269.7
Europe, Middle East and Africa
Net sales
Total net sales	318.9	337.3	905.9	979.5
Asia Pacific and other Americas
Net sales
Total net sales	$ 125.8	$ 161.2	$ 371.1	$ 499

Business Segment Information 76

Business Segment Information - Properties, Plants and Equipment, Net by Geographical Area (Detail) - USD ($) $ in Millions	Jul. 31, 2016	Oct. 31, 2015
Revenues from External Customers and Long-Lived Assets [Line Items]
Assets	$ 3,183.9	$ 3,315.7
Properties, plants and equipment, net
Total properties, plants and equipment, net	1,173	1,217.7
United States
Properties, plants and equipment, net
Total properties, plants and equipment, net	719.3	734.1
Europe, Middle East and Africa
Properties, plants and equipment, net
Total properties, plants and equipment, net	314.3	335.4
Asia Pacific and other Americas
Properties, plants and equipment, net
Total properties, plants and equipment, net	139.4	148.2
Operating Segments
Revenues from External Customers and Long-Lived Assets [Line Items]
Assets	2,926.5	3,009.5
Operating Segments | Rigid Industrial Packaging & Services
Revenues from External Customers and Long-Lived Assets [Line Items]
Assets	1,978.4	2,043.3
Operating Segments | Paper Packaging & Services
Revenues from External Customers and Long-Lived Assets [Line Items]
Assets	444.6	444
Operating Segments | Flexible Products & Services
Revenues from External Customers and Long-Lived Assets [Line Items]
Assets	166.1	187
Operating Segments | Land Management
Revenues from External Customers and Long-Lived Assets [Line Items]
Assets	337.4	335.2
Corporate, Non-Segment
Revenues from External Customers and Long-Lived Assets [Line Items]
Assets	$ 257.4	$ 306.2

Redeemable Noncontrolling Int77

Redeemable Noncontrolling Interests - Additional Information (Detail) $ in Millions	9 Months Ended
	Jul. 31, 2016USD ($)joint_venture
Redeemable Noncontrolling Interest [Line Items]
Purchase of redeemable non-controlling interest share	$ 5.5
Paper Packaging & Services
Redeemable Noncontrolling Interest [Line Items]
Number of joint ventures (joint venture) | joint_venture	1
Rigid Industrial Packaging & Services
Redeemable Noncontrolling Interest [Line Items]
Number of joint ventures (joint venture) | joint_venture	1
Container Life Cycle Management LLC
Redeemable Noncontrolling Interest [Line Items]
Redemption price	$ 0.8
Container Life Cycle Management LLC | Other Long Term Liabilities
Redeemable Noncontrolling Interest [Line Items]
Redemption price	$ 10

Redeemable Noncontrolling Int78

Redeemable Noncontrolling Interests - Rollforward of Mandatorily Redeemable Noncontrolling Interest (Details) $ in Millions	9 Months Ended
	Jul. 31, 2016USD ($)
Redeemable Noncontrolling Interest, Equity [Roll Forward]
Beginning balance	$ 0
Reclassification of book value of noncontrolling interest	12.4
Ending balance	32.3
Out of Period
Redeemable Noncontrolling Interest, Equity [Roll Forward]
Mark to redemption value of redeemable noncontrolling interest	(19.8)
Current Period
Redeemable Noncontrolling Interest, Equity [Roll Forward]
Mark to redemption value of redeemable noncontrolling interest	(3.1)
Container Life Cycle Management LLC
Redeemable Noncontrolling Interest, Equity [Roll Forward]
Beginning balance	0
Reclassification of book value of noncontrolling interest	10.4
Repurchase of redeemable shareholder interest	(0.8)
Ending balance	10
Container Life Cycle Management LLC | Out of Period
Redeemable Noncontrolling Interest, Equity [Roll Forward]
Out-of period reversal of cumulative income allocated to noncontrolling interest	(1.2)
Mark to redemption value of redeemable noncontrolling interest	0.1
Container Life Cycle Management LLC | Current Period
Redeemable Noncontrolling Interest, Equity [Roll Forward]
Mark to redemption value of redeemable noncontrolling interest	$ 1.5

Redeemable Noncontrolling Int79

Redeemable Noncontrolling Interests - Rollforward of Redeemable Noncontrolling Interest (Detail) $ in Millions	9 Months Ended
	Jul. 31, 2016USD ($)
Redeemable Noncontrolling Interest, Equity [Roll Forward]
Beginning balance	$ 0
Reclassification of book value of noncontrolling interest	12.4
Repurchase of redeemable shareholder interest	(5.5)
Redeemable Noncontrolling Interest share of Income/(Loss) and other	3.9
Contributions from /(Dividends to) redeemable noncontolling interest and other	(1.4)
Ending balance	32.3
Out of Period
Redeemable Noncontrolling Interest, Equity [Roll Forward]
Mark to redemption value of redeemable noncontrolling interest	19.8
Current Period
Redeemable Noncontrolling Interest, Equity [Roll Forward]
Mark to redemption value of redeemable noncontrolling interest	$ 3.1