Greif (GEF) 10-Q 4 Sep 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jul. 31, 2015	Sep. 01, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jul. 31, 2015
Document Fiscal Year Focus	2,015
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 [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		25,703,564
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		22,119,966

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Net sales	$ 930	$ 1,124	$ 2,748.2	$ 3,191
Cost of products sold	763.2	906.3	2,246.4	2,582.9
Gross profit	166.8	217.7	501.8	608.1
Selling, general and administrative expenses	96.9	129.1	317.2	383.1
Restructuring charges	16.2	4.2	26.7	10.5
Timberland gains			(24.3)	(17.1)
Non-cash asset impairment charges	17.6	15.4	22.3	15.6
Gain on disposal of properties, plants and equipment, net	(7)	(1.4)	(9.3)	(5.5)
(Gain) loss on disposal of businesses, net	(1.1)	9.1	8.5	9.7
Operating profit	44.2	61.3	160.7	211.8
Interest expense, net	18.4	20.7	56.2	61.5
Other (income) expense, net	(1.6)	1.6	1	6.6
Income before income tax expense and equity earnings of unconsolidated affiliates, net	27.4	39	103.5	143.7
Income tax expense	18.7	28.2	45.8	64.2
Equity earnings of unconsolidated affiliates, net of tax	0.6	0.7	0.3	0.9
Net income	9.3	11.5	58	80.4
Net (income) loss attributable to noncontrolling interests	(0.7)	2.2	1.5	2.4
Net income attributable to Greif, Inc.	$ 8.6	$ 13.7	$ 59.5	$ 82.8
Class A Common Stock [Member]
Basic earnings per share attributable to Greif, Inc. common shareholders:
EPS Basic	$ 0.15	$ 0.23	$ 1.02	$ 1.41
Diluted earnings per share attributable to Greif, Inc. common shareholders:
EPS Diluted	$ 0.15	$ 0.23	$ 1.02	$ 1.41
Weighted-average number of common shares outstanding:
Basic	25,692,973	25,576,452	25,659,750	25,529,049
Diluted	25,698,547	25,581,952	25,665,324	25,539,636
Cash dividends declared per common share:
Cash dividends per share	$ 0.42	$ 0.42	$ 1.26	$ 1.26
Class B Common Stock [Member]
Basic earnings per share attributable to Greif, Inc. common shareholders:
EPS Basic	0.22	0.35	1.51	2.11
Diluted earnings per share attributable to Greif, Inc. common shareholders:
EPS Diluted	$ 0.22	$ 0.35	$ 1.51	$ 2.11
Weighted-average number of common shares outstanding:
Basic	22,100,000	22,100,000	22,100,000	22,100,000
Diluted	22,100,000	22,100,000	22,100,000	22,100,000
Cash dividends declared per common share:
Cash dividends per share	$ 0.63	$ 0.63	$ 1.88	$ 1.88

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 9.3	$ 11.5	$ 58	$ 80.4
Other comprehensive income (loss), net of tax:
Foreign currency translation	5.6	(12.9)	(109.5)	(36)
Net reclassification of cash flow hedges to earnings		0.2	0.1	0.4
Minimum pension liabilities, net	(0.9)	0.4	5.5	(0.5)
Other comprehensive income (loss), net of tax	4.7	(12.3)	(103.9)	(36.1)
Comprehensive income (loss)	14	(0.8)	(45.9)	44.3
Comprehensive income (loss) attributable to noncontrolling interests	2.8	(4.4)	(23.3)	(2.1)
Comprehensive income (loss) attributable to Greif, Inc.	$ 11.2	$ 3.6	$ (22.6)	$ 46.4

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014
Current assets
Cash and cash equivalents	$ 101.7	$ 85.1
Trade accounts receivable, less allowance of $11.8 in 2015 and $16.8 in 2014	461.9	501.3
Inventories	334.7	381.1
Deferred tax assets	27	29
Assets held for sale	24.9	28.3
Prepaid expenses and other current assets	129.8	129.9
Total current assets	1,080	1,154.7
Long-term assets
Goodwill	810.3	880.2
Other intangible assets, net of amortization	137.8	166.5
Deferred tax assets	26.2	20.9
Assets held by special purpose entities	50.9	50.9
Other long-term assets	76.8	101.2
Total long-term assets	1,102	1,219.7
Properties, plants and equipment
Timber properties, net of depletion	277.1	244.8
Land	116.7	129.3
Buildings	409.5	444.9
Machinery and equipment	1,438.7	1,500.8
Capital projects in progress	126.9	97.3
Properties, plants and equipment, gross	2,368.9	2,417.1
Accumulated depreciation	(1,135.6)	(1,124.1)
Properties, plants and equipment, net	1,233.3	1,293
Total assets	3,415.3	3,667.4
Current liabilities
Accounts payable	357.4	471.1
Accrued payroll and employee benefits	85.5	102.4
Restructuring reserves	16.1	4.1
Current portion of long-term debt	24.1	17.6
Short-term borrowings	50.7	48.1
Deferred tax liabilities	13.1	17.8
Liabilities held for sale	1.5	1.5
Other current liabilities	148	189.1
Total current liabilities	696.4	851.7
Long-term liabilities
Long-term debt	1,154.9	1,087.4
Deferred tax liabilities	210.3	219
Pension liabilities	136.9	136
Postretirement benefit obligations	15.4	17.3
Liabilities held by special purpose entities	43.3	43.3
Contingent liabilities and environmental reserves	8.6	24.7
Other long-term liabilities	57	64.8
Total long-term liabilities	1,626.4	1,592.5
Equity
Common stock, without par value	139.1	135.5
Treasury stock, at cost	(130.6)	(130.7)
Retained earnings	1,396.8	1,411.7
Accumulated other comprehensive loss:
- foreign currency translation	(232.2)	(144.5)
- interest rate and other cash flow hedges		(0.1)
- minimum pension liabilities	(124.3)	(129.8)
Total Greif, Inc. equity	1,048.8	1,142.1
Noncontrolling interests	43.7	81.1
Total equity	1,092.5	1,223.2
Total liabilities and equity	$ 3,415.3	$ 3,667.4

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014
Statement of Financial Position [Abstract]
Allowance of Trade accounts receivable	$ 11.8	$ 16.8

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014
Cash flows from operating activities:
Net income	$ 58	$ 80.4
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation, depletion and amortization	100.9	117.4
Timberland gains	(24.3)	(17.1)
Non-cash asset impairment charges	22.3	15.6
Gain on disposals of properties, plants and equipment, net	(9.3)	(5.5)
Loss on disposals of businesses, net	8.5	9.7
Unrealized foreign exchange (gain) loss	(2.8)	(1.3)
Deferred income tax expense	(3.3)	(3.6)
Gain from Venezuela monetary assets and liabilities remeasurement	(4.9)
Loss for Venezuela non-monetary assets to net realizable value	9.3
Other, net	(1.4)	(1.9)
Increase (decrease) in cash from changes in certain assets and liabilities:
Trade accounts receivable	3.3	(60.4)
Inventories	11.7	(50.3)
Deferred purchase price on sold receivables	(10.8)	6.3
Accounts payable	(74.8)	29.1
Restructuring reserves	13.5	1.8
Pension and postretirement benefit liabilities	(1.5)	2.7
Other, net	(21)	(6.1)
Net cash provided by (used in) operating activities	73.4	116.8
Cash flows from investing activities:
Acquisitions of businesses, net of cash acquired	(1.5)	(53.5)
Purchases of properties, plants and equipment	(108.2)	(94)
Purchases of timber properties	(38.2)	(55.7)
Proceeds from the sale of properties, plants, equipment and other assets	46.8	40.1
Proceeds from the sale of businesses	18.9	30.1
Proceeds on insurance recoveries	3.4
Payments on notes receivable with related party, net		1.3
Net cash used in investing activities	(78.8)	(131.7)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	643.4	807
Payments on long-term debt	(576)	(804.9)
Proceeds from short-term borrowings, net	18	37.3
Proceeds from trade accounts receivable credit facility	115.7	49
Payments on trade accounts receivable credit facility	(79.9)	(19)
Dividends paid to Greif, Inc. shareholders	(74)	(73.8)
Dividends paid to noncontrolling interests	(4)
Proceeds from the sale of membership units of a consolidated subsidiary		6
Exercise of stock options	0.2	1.6
Net cash provided by financing activities	43.4	3.2
Effects of exchange rates on cash	(21.4)	(1.4)
Net increase (decrease) in cash and cash equivalents	16.6	(13.1)
Cash and cash equivalents at beginning of period	85.1	78.1
Cash and cash equivalents at end of period	$ 101.7	$ 65

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	9 Months Ended
	Jul. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	NOTE 1 — 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 2015 or 2014, or to any quarter of those years, relates to the fiscal year or quarter, as the case may be, ended in that year. The 2014 amounts have been restated. See Note 20 – Quarterly Financial Data in the Company’s 2014 Form 10-K. 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, 2015 and October 31, 2014, the condensed consolidated statements of income and comprehensive income for the three and nine months ended July 31, 2015 and 2014 and the condensed consolidated statements of cash flows for the nine month periods ended July 31, 2015 and 2014 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. 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 condensed consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for its fiscal year ended October 31, 2014 (the “2014 Form 10-K”). Venezuela Currency The Company’s results of its Venezuelan businesses have been reported under highly inflationary accounting since 2010 and the functional currency was converted to US Dollars at that time. Currently, there are multiple legal mechanisms and respective exchange rates available in Venezuela to exchange currency: the CENCOEX rate (official rate or “CENCOEX”); the SICAD rate (“SICAD”) and; as of February of 2015, the SIMADI rate (“SIMADI”). The SIMADI exchange mechanism was created by the Venezuelan government to establish a more market driven exchange rate and is intended to be available to individuals and both public and private companies. The government also announced in February 2015 that the official rate and SICAD exchange mechanisms would be available only to companies importing essential goods (i.e. medicine, food, and raw materials) although it has not officially published rules or regulations that clarify exactly which activities, industries or transactions will be eligible to use these rates. The purpose of these rates was intended to make necessities affordable to Venezuelan citizens. The exchange mechanisms have not been able to meet the demand from the private sector due to the lack of US Dollars in the country resulting in the continued devaluation of the SIMADI rate. Greif has historically utilized the official rate which is 6.4 Bolivars/US Dollars to measure Bolivar-denominated monetary assets and liabilities and the respective historical rate to measure Bolivar-denominated nonmonetary assets each reporting period. Due to the continued significant devaluation of the Bolivar and the change in the exchange mechanisms announced earlier this year, the Company has reconsidered which rate best reflects the economics of Grief’s business activities and concluded that the Company should utilize the SIMADI rate to remeasure the Venezuelan operations as of July 31, 2015. As a result of the change to the SIMADI rate, which reflects the recognition of a devaluation of approximately 97 percent as compared to the official exchange rate previously used, the Company recorded other income of $4.9 million related to the remeasurement of our Venezuelan monetary assets and liabilities during the quarter. In addition, the Company determined that an adjustment of $9.3 million to increase cost of goods sold was needed to reflect the non-monetary inventory assets at net realizable value and, upon review of long-lived assets for impairment, the Company determined that the carrying amount of the long-lived asset was not recoverable in US dollar functional currency and recorded an impairment charge of $15.0 million. Recently Issued Accounting Standards In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2015-03, “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 the 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. The effective date will be the first quarter of fiscal year 2016. The Company would apply the new guidance retrospectively to all prior periods (i.e., the balance sheet for each period would be adjusted). The 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 November 1, 2015, and the adoption of the new guidance is not expected to materially impact the Company’s financial position, results of operations, comprehensive income or cash flows, other than the related disclosures. In February 2015, the FASB issued ASU 2015-02, “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 determining the potential impact of adopting this guidance on its financial position, results of operations, comprehensive income, cash flow, and disclosures. In May 2014, the FASB issued ASU No. 2014-09, “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, cash flow 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 the 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 or cash flows, other than the related disclosures.

Acquisitions and Divestitures

Acquisitions and Divestitures	9 Months Ended
	Jul. 31, 2015
Business Combinations [Abstract]
Acquisitions and Divestitures	NOTE 2 — ACQUISITIONS AND DIVESTITURES The following table summarizes the Company’s acquisition activity in 2015 and 2014 (Dollars in millions): # of Purchase Price, Tangible Intangible Goodwill Total 2014 Acquisitions 2 $ 53.5 2.1 14.0 34.4 Note: Purchase price, net of cash acquired, represents cash paid in the period of each acquisition and does not include assumed debt, subsequent payments for deferred purchase adjustments or earn-out provisions. 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. Additionally, the Company has recorded notes receivable of $3.6 million for the sale of these businesses, ranging from 3 months to five years. The Company completed two acquisitions and one material divestiture during the nine months ended July 31, 2014. One acquisition was in the Rigid Industrial Packaging & Services segment and the other acquisition was in the Paper Packaging segment. The rigid industrial packaging acquisition complemented the Company’s existing product lines and provided growth opportunities and economies of scale. The paper packaging acquisition was made in part to obtain technologies, equipment, and customer lists. The divestiture included a nonstrategic business in the Rigid Industrial Packaging & Services segment and resulted in a non-cash loss on sale of $9.7 million, which includes the write-off of allocated goodwill. Proceeds from the divestiture were $30.1 million.

Sale of Non-United States Accou

Sale of Non-United States Accounts Receivable	9 Months Ended
	Jul. 31, 2015
Receivables [Abstract]
Sale of Non-United States Accounts Receivable	NOTE 3 — SALE OF NON-UNITED STATES ACCOUNTS RECEIVABLE On April 27, 2012, Cooperage Receivables Finance B.V. and Greif Coordination Center BVBA, an indirect wholly owned subsidiary of Greif, Inc., entered into the Nieuw Amsterdam Receivables Purchase Agreement (the “European RPA”) with affiliates of a major international bank. On April 20, 2015, Cooperage Receivables Finance B.V. and Greif Coordination Center BVBA 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 to now include only the following entities: Greif Belgium BVBA, EarthMinded Benelux N.V. (formerly Pack2pack Rumbeke N.V.), Greif Nederland B.V., Greif Italia S.p.A., Greif Plastics Italy Srl (formerly Fustiplast S.p.A.), Greif France S.A.S., Greif Packaging Spain S.A., Greif Germany GmbH, Greif Plastics Germany GmbH (formerly Fustiplast GmbH), and Greif Portugal S.A. 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 million ($110.6 million as of July 31, 2015). 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 ($11.0 million as of July 31, 2015). In May 2009, Greif Malaysia Sdn Bhd., an indirect wholly-owned subsidiary of Greif, Inc., entered into the Malaysian Receivables Purchase Agreement (the “Malaysian Agreement”) with certain Malaysian banks. In March 2014, the Malaysian Agreement was discontinued and therefore there were no receivables held by third party financial institutions under this agreement as of July 31, 2015. The table below contains certain information related to the Company’s accounts receivables programs (Dollars in millions): Three months ended Nine months ended 2015 2014 2015 2014 European RPA Gross accounts receivable sold to third party financial institution $ 165.9 $ 266.7 $ 552.6 $ 784.0 Cash received for accounts receivable sold under the programs 147.1 235.2 489.5 692.0 Deferred purchase price related to accounts receivable sold 18.8 31.5 63.1 92.0 Loss associated with the programs 0.3 0.7 1.2 2.0 Expenses associated with the programs — — — — Other Gross accounts receivable sold to third party financial institution $ 12.0 $ 13.0 $ 36.4 $ 44.1 Cash received for accounts receivable sold under the program 12.0 13.0 36.4 44.1 Deferred purchase price related to accounts receivable sold — — — — Loss associated with the program — — — — Expenses associated with the program — — 0.1 0.1 Total RPAs Gross accounts receivable sold to third party financial institution $ 177.9 $ 279.7 $ 589.0 $ 828.1 Cash received for accounts receivable sold under the program 159.1 248.2 525.9 736.1 Deferred purchase price related to accounts receivable sold 18.8 31.5 63.1 92.0 Loss associated with the program 0.3 0.7 1.2 2.0 Expenses associated with the program — — 0.1 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 $ 121.6 $ 164.7 Uncollected deferred purchase price related to accounts receivable sold 10.9 — Deferred purchase price liability related to accounts receivable sold — (23.7 ) Other Accounts receivable sold to and held by third party financial institution $ 4.5 $ 5.0 Uncollected deferred purchase price related to accounts receivable sold — — Total RPAs Accounts receivable sold to and held by third party financial institution $ 126.1 $ 169.7 Uncollected deferred purchase price related to accounts receivable sold 10.9 — Deferred purchase price liability related to accounts receivable sold — (23.7 ) 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 condensed consolidated balance sheets and is recorded at an amount which approximates its fair value due to the short-term nature of these items. The cash received 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-term nature; therefore, the Company reflects all cash flows under the accounts receivable sales programs as operating cash flows on the Company’s condensed 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 RPAs.

Inventories

Inventories	9 Months Ended
	Jul. 31, 2015
Inventory Disclosure [Abstract]
Inventories	NOTE 4 — INVENTORIES Inventories are stated at the lower of cost or market and are summarized as follows (Dollars in millions): July 31, October 31, Finished Goods $ 95.3 $ 100.9 Raw materials 211.1 235.9 Work-in-process 28.3 44.3 $ 334.7 $ 381.1

Assets and Liabilities of Busin

Assets and Liabilities of Businesses Held for Sale and Disposals of Properties, Plants and Equipment, Net	9 Months Ended
	Jul. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]
Assets and Liabilities of Businesses Held for Sale and Disposals of Properties, Plants and Equipment, Net	NOTE 5 — ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE AND DISPOSALS OF PROPERTIES, PLANTS AND EQUIPMENT, NET As of July 31, 2015, there were asset groups within the Rigid Industrial Packaging & Services and the Flexible Products & Services segments classified as assets and liabilities held for sale. The assets and liabilities held for sale are being marketed for sale, and it is the Company’s intention to complete the sales of these assets within the twelve months following the end of the quarter. As of October 31, 2014, there were asset groups in the Rigid Industrial Packaging & Services, Flexible Products & Services, and the Land Management segments classified as assets and liabilities held for sale. During the nine months ended July 31, 2015, five asset groups previously classified as held for sale within the Rigid Industrial Packaging & Services and Paper Packaging & Services segments were sold and another asset group consisting of higher and better use (“HBU”) and surplus properties previously classified as held for sale within the Land Management segment were sold. 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 months ended July 31, 2014, the Company recorded a gain on disposal of properties, plants and equipment, net of $1.4 million. This includes sales of HBU and surplus properties that resulted in gains of $0.1 million in the Land Management segment, a sale of equipment that was previously classified as held for sale in the Flexible Products & Services segment that resulted in a gain of $1.1 million, and sales of other miscellaneous equipment which resulted in aggregate gains of $0.2 million. For the nine months ended July 31, 2014, the Company recorded a gain on disposal of properties, plants and equipment, net of $5.5 million. This includes sales of HBU and surplus properties that resulted in gains of $2.8 million in the Land Management segment, a disposal of property in the Paper Packing segment that resulted in a gain of $0.8 million, a sale of equipment that was previously classified as held for sale in the Flexible Products & Services segment that resulted in a gain of $1.1 million, and sales of other miscellaneous equipment that resulted in aggregate gains of $0.8 million. For the nine months ended July 31, 2015, the Company recorded gains of $24.3 million related to the sale of timberland. For the nine months ended July 31, 2014, the Company recorded $17.1 million relating to the sale of timberland. The Company recorded immaterial gains for the three months ended July 31, 2015 and 2014.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Jul. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	NOTE 6 — 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, 2015 (Dollars in millions): Rigid Industrial Packaging & Services (1) Paper Packaging Flexible Products & Services (2) Land Management Total Balance at October 31, 2014 $ 820.7 $ 59.5 $ — $ — $ 880.2 Goodwill acquired — — — — — Goodwill allocated to divestitures and businesses held for sale (12.1 ) — — — (12.1 ) Goodwill adjustments — — — — — Goodwill Impairment charge (0.5 ) (0.5 ) Currency translation (57.3 ) — — — (57.3 ) Balance at July 31, 2015 $ 750.8 $ 59.5 $ — $ — $ 810.3 (1) At July 31, 2015 and October 31, 2014, the accumulated goodwill impairment loss was $0.5 million and $0.0 million, respectively. (2) At July 31, 2015 and October 31, 2014, the accumulated goodwill impairment loss was $50.3 million. The following table summarizes the carrying amount of net other intangible assets by class as of July 31, 2015 and October 31, 2014 (Dollars in millions): Gross Intangible Assets Accumulated Amortization Net Intangible Assets July 31, 2015: Indefinite lived: Trademarks and patents $ 13.1 $ — $ 13.1 Definite lived: Customer relationships 182.0 78.8 103.2 Trademarks and patents 24.2 11.6 12.6 Non-compete agreements 12.4 4.0 8.4 Other 4.9 4.4 0.5 Total $ 236.6 $ 98.8 $ 137.8 October 31, 2014: Indefinite lived: Trademarks and patents $ 13.8 $ — $ 13.8 Definite lived: Customer relationships 203.3 78.8 124.5 Trademarks and patents 15.3 4.7 10.6 Non-compete agreements 6.0 5.1 0.9 Other 27.8 11.1 16.7 Total $ 266.2 $ 99.7 $ 166.5 Amortization expense for the three months ended July 31, 2015 and 2014 was $4.5 million and $5.4 million, respectively. Amortization expense for the nine months ended July 31, 2015 and 2014 was $13.9 million and $18.7 million, respectively. Amortization expense for the next five years is expected to be $18.2 million in 2015, $17.4 million in 2016, $16.7 million in 2017, $16.3 million in 2018 and $16.3 million in 2019. 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, 2015
Restructuring and Related Activities [Abstract]
Restructuring Charges	NOTE 7 — RESTRUCTURING CHARGES The following is a reconciliation of the beginning and ending restructuring reserve balances for the nine month period ended July 31, 2015 (Dollars in millions): Employee Other Costs Total Balance at October 31, 2014 $ 2.9 $ 1.2 $ 4.1 Costs incurred and charged to expense 18.6 8.1 26.7 Costs paid or otherwise settled (10.8 ) (3.9 ) (14.7 ) Balance at July 31, 2015 $ 10.7 $ 5.4 $ 16.1 The focus for restructuring activities in 2015 is to continue to rationalize operations and close underperforming assets throughout all segments. During the three months ended July 31, 2015, the Company recorded restructuring charges of $16.2 million, which compares to $4.2 million of restructuring charges recorded during the three months ended July 31, 2014. The restructuring activity for the three months ended July 31, 2015 consisted of $10.9 million in employee separation costs and $5.3 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, 2015, the Company recorded restructuring charges of $26.7 million, which compares to $10.5 million of restructuring charges during the nine months ended July 31, 2014. The restructuring activity for the nine months ended July 31, 2015 consisted of $18.6 million in employee separation and relocation costs and $8.1 million in other restructuring costs, primarily consisting of professional fees incurred for services specifically associated with employee separation and relocation. The Company anticipates completion of the current restructuring programs by early 2018. The following is a reconciliation of the total amounts expected to be incurred from open restructuring plans or plans that are being formulated and have not been announced as of the date of this Form 10-Q. Remaining amounts expected to be incurred are $17.4 million and $9.2 million as of July 31, 2015 and October 31, 2014, respectively. 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 Amounts expensed during the nine month period ended July 31, 2015 Amounts Remaining to be Incurred Rigid Industrial Packaging & Services Employee separation costs $ 20.9 $ 15.3 $ 5.6 Other restructuring costs 10.6 5.1 5.5 31.5 20.4 11.1 Flexible Products & Services Employee separation costs 9.0 3.1 5.9 Other restructuring costs 2.6 2.2 0.4 11.6 5.3 6.3 Paper Packaging Employee separation costs 0.2 0.2 — Other restructuring costs 0.8 0.8 — 1.0 1.0 — $ 44.1 $ 26.7 $ 17.4

Consolidation of Variable Inter

Consolidation of Variable Interest Entities	9 Months Ended
	Jul. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidation of Variable Interest Entities	NOTE 8 — CONSOLIDATION OF VARIABLE INTEREST ENTITIES The Company evaluates whether an entity is a variable interest entity (“VIE”) upon acquisition and whenever reconsideration events occur. 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. When assessing the determination of the primary beneficiary, the Company considers all relevant facts and circumstances, including: the power to direct the activities of the VIE that most significantly impact the VIEs 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, 2015 and October 31, 2014, 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, 2015 and 2014, Buyer SPE recorded interest income of $0.6 million. For both of the nine month periods ended July 31, 2015 and 2014, Buyer SPE recorded interest income of $1.8 million. As of July 31, 2015 and October 31, 2014, STA Timber had consolidated long-term debt of $43.3 million. For both of the three month periods ended July 31, 2015 and 2014, STA Timber recorded interest expense of $0.5 million. For both of the nine month periods ended July 31, 2015 and 2014, 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”) with Dabbagh Group Holding Company Limited and its subsidiary National Scientific Company Limited (“NSC”). 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. 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. (“Asset Co.” and “Trading Co.”), respectively. The Flexible Packaging J.V. also includes Global Textile Company LLC (“Global Textile”), which owned and operated a fabric hub in the Kingdom of Saudi Arabia that commenced operations in the fourth quarter of 2012 and ceased operations in the fourth quarter of 2014. The following table presents the Flexible Packaging JV total net assets (Dollars in millions): July 31, 2015 Asset Co. Global Textile Trading Co. Flexible Packaging JV Total assets $ 99.9 $ 16.5 $ 105.9 $ 222.3 Total liabilities 92.2 17.4 56.3 165.9 Net assets $ 7.7 $ (0.9 ) $ 49.6 $ 56.4 October 31, 2014 Asset Co. Global Textile Trading Co. Flexible Packaging JV Total assets $ 113.6 $ 21.6 $ 126.4 $ 261.6 Total liabilities 102.7 42.8 51.8 197.3 Net assets $ 10.9 $ (21.2 ) $ 74.6 $ 64.3 Net losses attributable to the noncontrolling interest in the Flexible Packaging JV for the three months ended July 31, 2015 and 2014 were $2.6 million and $3.7 million, respectively; and for the nine months ended July 31, 2015 and 2014, net losses attributable to the noncontrolling interest were $8.9 million and $9.2 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, 2015
Debt Disclosure [Abstract]
Long-Term Debt	NOTE 9 — LONG-TERM DEBT Long-term debt is summarized as follows (Dollars in millions): July 31, 2015 October 31, 2014 Amended Credit Agreement $ 248.5 $ 169.2 Senior Notes due 2017 300.8 301.2 Senior Notes due 2019 245.8 245.2 Senior Notes due 2021 219.5 252.5 Amended Receivables Facility 145.8 110.0 Other debt 18.6 26.9 1,179.0 1,105.0 Less current portion (24.1 ) (17.6 ) Long-term debt $ 1,154.9 $ 1,087.4 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 $679.5 million as of July 31, 2015, 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, 2015, the Company was in compliance with these covenants. As of July 31, 2015, $248.5 million was outstanding under the Amended Credit Agreement. The current portion of the Amended Credit Agreement was $17.3 million and the long-term portion was $231.2 million. The weighted average interest rate on the Amended Credit Agreement was 1.61% for the nine months ended July 31, 2015. The actual interest rate on the Amended Credit Agreement was 1.73% as of July 31, 2015. 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. 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 Prior to September 30, 2013, the Company had a $130 million U.S. trade accounts receivable credit facility with a financial institution (the “Prior Receivables Facility”). On September 30, 2013, the Company amended and restated the Prior Receivables Facility to establish a $170.0 million United States Trade Accounts Receivable Credit Facility (the “Amended Receivables Facility”) with a financial institution. The Amended Receivables Facility matures in September 2016.

Financial Instruments and Fair

Financial Instruments and Fair Value Measurements	9 Months Ended
	Jul. 31, 2015
Fair Value Disclosures [Abstract]
Financial Instruments and Fair Value Measurements	NOTE 10 — FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS Financial Instruments The Company uses derivatives to mitigate partially the effect of exposure to interest rate movements, exposure to currency translation. Under ASC 815, “Derivatives and Hedging”, all derivatives are to be recognized as assets or liabilities on the balance sheet and measured at fair value. Changes in the fair value of derivatives are recognized in either net income or in other comprehensive income, depending on the designated purpose of the derivative. While the Company may be exposed to credit losses in the event of nonperformance by the counterparties to its derivative financial instrument contracts, its counterparties are established banks and financial institutions with high credit ratings. The Company has no reason to believe that such counterparties will not be able to fully satisfy their obligations under these contracts. ASC 820, “Fair Value Measurements and Disclosures” defines fair value, establishes a framework for measuring fair value in GAAP and expands disclosures about fair value measurements for financial and non-financial assets and liabilities. Additionally, this guidance established a three-level fair value hierarchy that prioritizes the inputs used to measure fair value. This hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair values are as follows: • Level 1 – Observable inputs such as unadjusted quoted prices in active markets for identical assets and liabilities. • Level 2 – Observable inputs other than quoted prices in active markets for identical assets and liabilities. • Level 3 – unobservable inputs in which there is little or no market data, which would require the Company to develop its own assumptions. 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, 2015 and October 31, 2014 (Dollars in millions): July 31, 2015 Balance sheet Fair Value Measurement Level 1 Level 2 Level 3 Total Location Foreign exchange hedges — 0.8 — 0.8 Prepaid expenses and other current assets Foreign exchange hedges — (0.5 ) — (0.5 ) Other current liabilities Insurance annuity — — 19.6 19.6 Other long-term assets Total* $ — $ 0.3 $ 19.6 $ 19.9 October 31, 2014 Balance sheet Location Fair Value Measurement Level 1 Level 2 Level 3 Total Interest rate derivatives $ — $ (0.2 ) $ — $ (0.2 ) Other long-term liabilities Foreign exchange hedges — 0.6 — 0.6 Prepaid expenses and other current assets Foreign exchange hedges — (0.2 ) — (0.2 ) Other current liabilities Insurance annuity — — 22.6 22.6 Other long-term assets Total* $ — $ 0.2 $ 22.6 $ 22.8 * The carrying amounts of cash and cash equivalents, trade accounts receivable, accounts payable, current liabilities and short-term borrowings as of July 31, 2015 and October 31, 2014 approximate their fair values because of the short-term nature of these items and are not included in this table. Interest Rate Derivatives As of July 31, 2015, the Company has no interest rate derivatives. Through December 2014, the Company had two interest rate derivatives (floating to fixed swap agreements designated as cash flow hedges) with a total notional amount of $150 million. Under these swap agreements, the Company received interest based upon a variable interest rate from the counterparties and paid interest based upon a fixed interest rate. The assumptions that were used in measuring fair value of the interest rate derivatives were considered level 2 inputs, which were based on interest from the counterparties based upon LIBOR and interest paid based upon a designated fixed rate over the life of the swap agreements. These derivative instruments were designated and qualified as cash flow hedges. Accordingly, the effective portion of the gain or loss on these derivative instruments was reported as a component of other comprehensive income and reclassified into earnings in the same line item associated with the forecasted transaction and in the same period during which the hedged transaction affected earnings. The ineffective portion of the gain or loss on the derivative instrument was recognized in earnings immediately. Losses reclassified to earnings under these contracts were $0.2 million for the three months ended July 31, 2014 and were $0.2 million and $0.7 million for the nine months ended July 31, 2015 and 2014, respectively. These losses were recorded within the condensed consolidated statements of income as interest expense, net. The fair value of these contracts was $0.2 million recorded in accumulated other comprehensive income as of October 31, 2014. 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, 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, 2015, the Company had outstanding foreign currency forward contracts in the notional amount of $81.6 million ($122.4 million as of October 31, 2014). 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 (losses) recorded under fair value contracts were $0.6 million and ($2.5) million for the three months ended July 31, 2015 and 2014, respectively; and were ($6.2) million and ($2.6) million for the nine months ended July 31, 2015 and 2014, 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 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 and the Assets held by special purpose entities (Dollars in millions): July 31, 2015 October 31, 2014 Senior Notes due 2017 Estimated fair value $ 317.3 $ 325.5 Senior Notes due 2019 Estimated fair value 278.1 287.5 Senior Notes due 2021 Estimated fair value 260.7 297.7 Assets held by special purpose entities Estimated fair value 54.4 54.5 Non-Recurring Fair Value Measurements Long-Lived Assets The Company recognized asset impairment charges of $17.6 million during the three months ended July 31, 2015 and $15.4 million for the three months ended July 31, 2014. 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, 2015 these impairment charges included $15.0 million related to Venezuelan property, plants and equipment, net, $1.5 million of IT software assets that were identified as obsolete during the quarter and $0.5 million other-than-temporary 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. 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 for the nine months ended July 31, 2015. Fair Value of Valuation Unobservable Range of Input Values (in millions) 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 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, 2015, the Company recorded no additional impairment related to assets which were previously classified as assets and liabilities held for sale. During the nine month period ended July 31, 2014, the Company recorded no impairment related to assets which were previously classified as assets and liabilities held for sale. 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, 2015.

Income Taxes

Income Taxes	9 Months Ended
	Jul. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 11 — INCOME TAXES Income tax expense was $18.7 million and $28.2 million for the three months ended July 31, 2015 and 2014, respectively. The effective tax rate was 68.2 percent and 72.3 percent for the three months ended July 31, 2015 and 2014, respectively. The effective tax rate in both periods is higher than normally expected due to significant non-deductible GAAP losses recorded during each period. The third quarter 2015 effective rate reflects the impact of the following: a shift in global earnings mix to countries with higher tax rates; the impact of the Venezuela hyperinflationary pretax adjustment on net income; and the impact of a $1.3 million discrete tax benefit consisting of a benefit of $2.0 million related to return-to-provision adjustments and statutory rate decreases for international subsidiaries and $0.8 million of tax expense related to a net increase in uncertain tax positions for the international subsidiaries. The third quarter 2014 effective tax rate reflects the impact of the following: a shift in global earnings mix to countries with higher tax rates; the tax effect of GAAP losses from the sale of a business; the forecasted tax effect of a planned sale of an asset group within the Flexible Products & Services segment classified as assets held for sale; and the impact of a $3.5 million discrete tax expense. The discrete tax expense is a net amount mainly consisting of a $7.0 million expense related to the increase in valuation allowances for international subsidiaries and a benefit of $3.0 million related to the return to provision adjustments for international subsidiaries. Income tax expense was $45.8 million and $64.2 million for the nine months ended July 31, 2015 and 2014 respectively. The effective rate was 44.3 percent and 44.7 percent for the nine months ended July 31, 2015 and 2014, respectively. As of July 31, 2015, the Company had not recognized U.S. deferred income taxes on the undistributed earnings of non-U.S. subsidiaries. It is the Company’s belief that as of July 31, 2015 such earnings are indefinitely reinvested outside of the U.S. and determining the unrecognized deferred tax liability related to investments in these non-U.S. subsidiaries that are indefinitely reinvested is not practicable.

Post Retirement Benefit Plans

Post Retirement Benefit Plans	9 Months Ended
	Jul. 31, 2015
Postemployment Benefits [Abstract]
Post Retirement Benefit Plans	NOTE 12 — POST RETIREMENT BENEFIT PLANS The components of net periodic pension cost include the following (Dollars in millions): Three months ended Nine months ended 2015 2014 2015 2014 Service cost $ 4.1 $ 3.9 $ 12.4 $ 11.7 Interest cost 7.1 7.4 21.3 $ 22.2 Expected return on plan assets (8.4 ) (8.5 ) (25.3 ) $ (25.5 ) Amortization of prior service cost, initial net asset and net actuarial gain 3.7 2.7 11.0 $ 8.1 Net periodic pension costs $ 6.5 $ 5.5 $ 19.4 $ 16.5 The Company made $8.1 million in pension contributions in the nine months ended July 31, 2015. The Company estimates $9.2 million of pension contributions for the twelve months ended October 31, 2015. The components of net periodic cost for postretirement benefits include the following (Dollars in millions): Three months ended Nine months ended 2015 2014 2015 2014 Service cost $ — $ — $ — $ — Interest cost 0.1 0.2 0.5 0.6 Amortization of prior service cost and recognized actuarial gain (0.4 ) (0.4 ) (1.2 ) (1.2 ) Net periodic benefit for postretirement benefits $ (0.3 ) $ (0.2 ) $ (0.7 ) $ (0.6 )

Contingent Liabilities and Envi

Contingent Liabilities and Environmental Reserves	9 Months Ended
	Jul. 31, 2015
Text Block [Abstract]
Contingent Liabilities and Environmental Reserves	NOTE 13 — 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, 2015 and October 31, 2014, environmental reserves of $8.6 million and $24.7 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, 2015 and October 31, 2014, environmental reserves of the Company included $0.8 million and $13.7 million, respectively, for a blending facility in Chicago, Illinois; $4.4 million and $6.8 million, respectively, for various European drum facilities acquired from Blagden and Van Leer; $2.1 million and $2.6 million, respectively, for its various container life cycle management and recycling facilities acquired in 2011 and 2010; and $1.3 million and $1.6 million for various other facilities around the world. The $12.9 million decrease in environmental reserve for the blending facility located in Chicago is a result of the divestment during the second quarter of 2015 of the subsidiary that owns this facility. 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, 2015
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 14 —EARNINGS PER SHARE The Company has two classes of common stock 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 Outstanding 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 Outstanding 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 Share Outstanding * 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 2015 2014 2015 2014 Numerator for basic and diluted EPS Net income attributable to Greif, Inc. $ 8.6 $ 13.7 $ 59.5 $ 82.8 Cash dividends (24.8 ) (24.7 ) (74.0 ) (73.8 ) Undistributed net income (loss) attributable to Greif, Inc. $ (16.2 ) $ (11.0 ) $ (14.5 ) $ 9.0 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. During the nine months ended July 31, 2015 and 2014, the Company repurchased no shares of Class A or Class B Common Stock, respectively. As of July 31, 2015, the Company had repurchased 3,184,272 shares, including 1,425,452 shares of Class A Common Stock and 1,758,820 shares of Class B Common Stock, under this program, all of which were repurchased in prior years. There have been no shares repurchased from November 1, 2013 through July 31, 2015. 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, 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 October 31, 2014: Class A Common Stock 128,000,000 42,281,920 25,603,452 16,678,468 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 July 31, Nine months ended July 31, 2015 2014 2015 2014 Class A Common Stock: Basic shares 25,692,973 25,576,452 25,659,750 25,529,049 Assumed conversion of stock options 5,574 5,500 5,574 10,587 Diluted shares 25,698,547 25,581,952 25,665,324 25,539,636 Class B Common Stock: Basic and diluted shares 22,119,966 22,119,966 22,119,966 22,119,966 No stock options were antidilutive for the nine month period ended July 31, 2015 and 2014, respectively.

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, 2015
Equity Method Investments and Joint Ventures [Abstract]
Equity Earnings of Unconsolidated Affiliates, Net of Tax and Net (Income) Loss Attributable to Noncontrolling Interests	NOTE 15 – 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. 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. The Company has an equity interest in two such affiliates as of July 31, 2015. The Company had an equity interest in four such affiliates as of July 31, 2014. Equity earnings of unconsolidated affiliates, net of tax for the three months ended July 31, 2015 and 2014 were $0.6 million and $0.7 million, respectively. There were no dividends received from the Company’s equity method affiliates for the three months ended July 31, 2015 and 2014. Equity earnings of unconsolidated affiliates, net of tax for the nine months ended July 31, 2015 and 2014 were $0.3 million and $0.9 million, respectively. There were no dividends received from the Company’s equity method affiliates for the nine months ended July 31, 2015, compared to $0.2 million for the nine months ended July 31, 2014. 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 that were added to net income to arrive at net income attributable to the Company. Net (income) loss attributable to noncontrolling interests for the three months ended July 31, 2015 and 2014 was ($0.7) million and $2.2 million, respectively. Net loss attributable to noncontrolling interests for the nine months ended July 31, 2015 and 2014 was $1.5 million and $2.4 million, respectively.

Equity and Comprehensive Income

Equity and Comprehensive Income (Loss)	9 Months Ended
	Jul. 31, 2015
Equity [Abstract]
Equity and Comprehensive Income (Loss)	NOTE 16 —EQUITY AND COMPREHENSIVE INCOME (LOSS) 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 Common Shares Amount Treasury Shares Amount Retained Earnings Accumulated Other Comprehensive Income (Loss) Greif, Inc. Non Total 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 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 expense 0.1 0.1 0.1 - minimum pension liability adjustment, net of income tax expense of $2.0 million 5.5 5.5 5.5 Comprehensive loss (22.6 ) (45.9 ) Acquisition of noncontrolling interests 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 summarizes the changes of equity from October 31, 2013 to July 31, 2014 (Dollars in millions, shares in thousands): Capital Stock Treasury Stock Common Shares Amount Treasury Shares Amount Retained Earnings Accumulated Other Comprehensive Income (Loss) Greif, Inc. Non controlling interests Total Equity As of October 31, 2013 47,577 $ 129.4 29,265 $ (131.0 ) $ 1,418.8 $ (152.6 ) $ 1,264.6 $ 115.3 $ 1,379.9 Net income 82.8 82.8 (2.4 ) 80.4 Other comprehensive income: - foreign currency translation (36.3 ) (36.3 ) 0.3 (36.0 ) - Net reclassification of cash flow hedges to earnings, net of income tax expense of $0.2 million 0.4 0.4 0.4 - minimum pension liability adjustment, net of income tax benefit of $0.2 million (0.5 ) (0.5 ) (0.5 ) Comprehensive Income 46.4 44.3 Noncontrolling interests, loan conversion and other (1.2 ) (1.2 ) 15.2 14.0 Dividends paid to Greif, Inc. shareholders (73.8 ) (73.8 ) (73.8 ) Stock options exercised 68 1.6 (68 ) 0.1 1.7 1.7 Restricted stock executives and directors 22 1.1 (22 ) 0.1 1.2 1.2 Long-term incentive shares issued 56 2.9 (56 ) 0.1 3.0 3.0 As of July 31, 2014 47,723 $ 135.0 29,119 $ (130.7 ) $ 1,426.6 $ (189.0 ) $ 1,241.9 $ 128.4 $ 1,370.3 The following table provides the rollforward of accumulated other comprehensive income for the nine months ended July 31, 2015 (Dollars in millions): Foreign Cash Flow Minimum Pension Accumulated 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 following table provides the rollforward of accumulated other comprehensive income for the nine months ended July 31, 2014 (Dollars in millions): Foreign Cash Flow Minimum Pension Accumulated Balance as of October 31, 2013 $ (56.9 ) $ (0.6 ) $ (95.1 ) $ (152.6 ) Other Comprehensive Income (Loss) Before Reclassifications (36.3 ) (0.1 ) (0.5 ) (36.9 ) Amounts reclassified from Accumulated Other Comprehensive Loss — 0.5 — 0.5 Current-period Other Comprehensive Income (Loss) (36.3 ) 0.4 (0.5 ) (36.4 ) Balance as of July 31, 2014 $ (93.2 ) $ (0.2 ) $ (95.6 ) $ (189.0 ) The components of accumulated other comprehensive income above are presented net of tax, as applicable. The following table provides amounts reclassified out of accumulated other comprehensive income for the nine months ended July 31 (Dollars in millions): Details about Accumulated Other Ammount Reclassified from Accumulated Other Comprehensive Income (Loss) Location on Consolidated 2015 2014 Cash Flow Hedges $ 0.1 $ 0.5 Other expense, net

Business Segment Information

Business Segment Information	9 Months Ended
	Jul. 31, 2015
Segment Reporting [Abstract]
Business Segment Information	NOTE 17 — BUSINESS SEGMENT INFORMATION The Company has five operating segments, which are aggregated into four reportable business segments: Rigid Industrial Packaging & Services; Paper Packaging; 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 2014 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 2015 2014 2015 2014 Net sales Rigid Industrial Packaging & Services $ 669.0 $ 827.7 $ 1,985.3 $ 2,324.3 Paper Packaging 176.7 180.6 496.3 520.2 Flexible Products & Services 79.2 107.3 249.3 325.8 Land Management 5.1 8.4 17.3 20.7 Total net sales $ 930.0 $ 1,124.0 $ 2,748.2 $ 3,191.0 Operating profit (loss): Rigid Industrial Packaging & Services $ 29.5 $ 43.0 $ 75.5 $ 123.4 Paper Packaging 21.5 27.9 76.7 84.4 Flexible Products & Services (9.7 ) (12.9 ) (23.8 ) (22.4 ) Land Management 2.9 3.3 32.3 26.4 Total operating profit $ 44.2 $ 61.3 $ 160.7 $ 211.8 Depreciation, depletion and amortization expense: Rigid Industrial Packaging & Services $ 21.8 $ 26.8 $ 70.2 $ 81.1 Paper Packaging 6.8 7.3 21.5 22.6 Flexible Products & Services 2.2 3.3 6.6 10.7 Land Management 0.8 1.4 2.6 3.0 Total depreciation, depletion and amortization expense $ 31.6 $ 38.8 $ 100.9 $ 117.4 The following table presents net sales to external customers by geographic area (Dollars in millions): Three months ended July 31, Nine months ended July 31, 2015 2014 2015 2014 Net sales: United States $ 431.5 $ 502.4 $ 1,269.7 $ 1,417.3 Europe, Middle East and Africa 337.3 428.2 979.5 1,216.7 Asia Pacific and other Americas 161.2 193.4 499.0 557.0 Total net sales $ 930.0 $ 1,124.0 $ 2,748.2 $ 3,191.0 The following table presents total assets by segment and total properties, plants, and equipment, net by geographic area (Dollars in millions): July 31, 2015 October 31, 2014 Assets: Rigid Industrial Packaging & Services $ 2,200.5 $ 2,416.6 Paper Packaging 442.5 418.2 Flexible Products & Services 211.4 251.0 Land Management 342.3 319.0 Total segments 3,196.7 3,404.8 Corporate and other 218.6 262.6 Total assets $ 3,415.3 $ 3,667.4 Properties, plants and equipment, net: United States $ 735.7 $ 716.5 Europe, Middle East and Africa 339.8 387.5 Asia Pacific and other Americas 157.8 189.0 Total properties, plants and equipment, net $ 1,233.3 $ 1,293.0

Basis of Presentation and Sum24

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Jul. 31, 2015
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 2015 or 2014, or to any quarter of those years, relates to the fiscal year or quarter, as the case may be, ended in that year. The 2014 amounts have been restated. See Note 20 – Quarterly Financial Data in the Company’s 2014 Form 10-K. 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, 2015 and October 31, 2014, the condensed consolidated statements of income and comprehensive income for the three and nine months ended July 31, 2015 and 2014 and the condensed consolidated statements of cash flows for the nine month periods ended July 31, 2015 and 2014 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. 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 condensed consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for its fiscal year ended October 31, 2014 (the “2014 Form 10-K”). Venezuela Currency The Company’s results of its Venezuelan businesses have been reported under highly inflationary accounting since 2010 and the functional currency was converted to US Dollars at that time. Currently, there are multiple legal mechanisms and respective exchange rates available in Venezuela to exchange currency: the CENCOEX rate (official rate or “CENCOEX”); the SICAD rate (“SICAD”) and; as of February of 2015, the SIMADI rate (“SIMADI”). The SIMADI exchange mechanism was created by the Venezuelan government to establish a more market driven exchange rate and is intended to be available to individuals and both public and private companies. The government also announced in February 2015 that the official rate and SICAD exchange mechanisms would be available only to companies importing essential goods (i.e. medicine, food, and raw materials) although it has not officially published rules or regulations that clarify exactly which activities, industries or transactions will be eligible to use these rates. The purpose of these rates was intended to make necessities affordable to Venezuelan citizens. The exchange mechanisms have not been able to meet the demand from the private sector due to the lack of US Dollars in the country resulting in the continued devaluation of the SIMADI rate. Greif has historically utilized the official rate which is 6.4 Bolivars/US Dollars to measure Bolivar-denominated monetary assets and liabilities and the respective historical rate to measure Bolivar-denominated nonmonetary assets each reporting period. Due to the continued significant devaluation of the Bolivar and the change in the exchange mechanisms announced earlier this year, the Company has reconsidered which rate best reflects the economics of Grief’s business activities and concluded that the Company should utilize the SIMADI rate to remeasure the Venezuelan operations as of July 31, 2015. As a result of the change to the SIMADI rate, which reflects the recognition of a devaluation of approximately 97 percent as compared to the official exchange rate previously used, the Company recorded other income of $4.9 million related to the remeasurement of our Venezuelan monetary assets and liabilities during the quarter. In addition, the Company determined that an adjustment of $9.3 million to increase cost of goods sold was needed to reflect the non-monetary inventory assets at net realizable value and, upon review of long-lived assets for impairment, the Company determined that the carrying amount of the long-lived asset was not recoverable in US dollar functional currency and recorded an impairment charge of $15.0 million.
Recently Issued Accounting Standards	Recently Issued Accounting Standards In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2015-03, “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 the 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. The effective date will be the first quarter of fiscal year 2016. The Company would apply the new guidance retrospectively to all prior periods (i.e., the balance sheet for each period would be adjusted). The 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 November 1, 2015, and the adoption of the new guidance is not expected to materially impact the Company’s financial position, results of operations, comprehensive income or cash flows, other than the related disclosures. In February 2015, the FASB issued ASU 2015-02, “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 determining the potential impact of adopting this guidance on its financial position, results of operations, comprehensive income, cash flow, and disclosures. In May 2014, the FASB issued ASU No. 2014-09, “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, cash flow 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 the 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 or cash flows, other than the related disclosures.

Acquisitions and Divestitures (

Acquisitions and Divestitures (Tables)	9 Months Ended
	Jul. 31, 2015
Business Combinations [Abstract]
Acquisitions	The following table summarizes the Company’s acquisition activity in 2015 and 2014 (Dollars in millions): # of Purchase Price, Tangible Intangible Goodwill Total 2014 Acquisitions 2 $ 53.5 2.1 14.0 34.4

Sale of Non-United States Acc26

Sale of Non-United States Accounts Receivable (Tables)	9 Months Ended
	Jul. 31, 2015
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 2015 2014 2015 2014 European RPA Gross accounts receivable sold to third party financial institution $ 165.9 $ 266.7 $ 552.6 $ 784.0 Cash received for accounts receivable sold under the programs 147.1 235.2 489.5 692.0 Deferred purchase price related to accounts receivable sold 18.8 31.5 63.1 92.0 Loss associated with the programs 0.3 0.7 1.2 2.0 Expenses associated with the programs — — — — Other Gross accounts receivable sold to third party financial institution $ 12.0 $ 13.0 $ 36.4 $ 44.1 Cash received for accounts receivable sold under the program 12.0 13.0 36.4 44.1 Deferred purchase price related to accounts receivable sold — — — — Loss associated with the program — — — — Expenses associated with the program — — 0.1 0.1 Total RPAs Gross accounts receivable sold to third party financial institution $ 177.9 $ 279.7 $ 589.0 $ 828.1 Cash received for accounts receivable sold under the program 159.1 248.2 525.9 736.1 Deferred purchase price related to accounts receivable sold 18.8 31.5 63.1 92.0 Loss associated with the program 0.3 0.7 1.2 2.0 Expenses associated with the program — — 0.1 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 $ 121.6 $ 164.7 Uncollected deferred purchase price related to accounts receivable sold 10.9 — Deferred purchase price liability related to accounts receivable sold — (23.7 ) Other Accounts receivable sold to and held by third party financial institution $ 4.5 $ 5.0 Uncollected deferred purchase price related to accounts receivable sold — — Total RPAs Accounts receivable sold to and held by third party financial institution $ 126.1 $ 169.7 Uncollected deferred purchase price related to accounts receivable sold 10.9 — Deferred purchase price liability related to accounts receivable sold — (23.7 )

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Jul. 31, 2015
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, Finished Goods $ 95.3 $ 100.9 Raw materials 211.1 235.9 Work-in-process 28.3 44.3 $ 334.7 $ 381.1

Goodwill and Other Intangible28

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Jul. 31, 2015
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, 2015 (Dollars in millions): Rigid Industrial Packaging & Services (1) Paper Packaging Flexible Products & Services (2) Land Management Total Balance at October 31, 2014 $ 820.7 $ 59.5 $ — $ — $ 880.2 Goodwill acquired — — — — — Goodwill allocated to divestitures and businesses held for sale (12.1 ) — — — (12.1 ) Goodwill adjustments — — — — — Goodwill Impairment charge (0.5 ) (0.5 ) Currency translation (57.3 ) — — — (57.3 ) Balance at July 31, 2015 $ 750.8 $ 59.5 $ — $ — $ 810.3 (1) At July 31, 2015 and October 31, 2014, the accumulated goodwill impairment loss was $0.5 million and $0.0 million, respectively. (2) At July 31, 2015 and October 31, 2014, the accumulated goodwill impairment loss was $50.3 million.
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, 2015 and October 31, 2014 (Dollars in millions): Gross Intangible Assets Accumulated Amortization Net Intangible Assets July 31, 2015: Indefinite lived: Trademarks and patents $ 13.1 $ — $ 13.1 Definite lived: Customer relationships 182.0 78.8 103.2 Trademarks and patents 24.2 11.6 12.6 Non-compete agreements 12.4 4.0 8.4 Other 4.9 4.4 0.5 Total $ 236.6 $ 98.8 $ 137.8 October 31, 2014: Indefinite lived: Trademarks and patents $ 13.8 $ — $ 13.8 Definite lived: Customer relationships 203.3 78.8 124.5 Trademarks and patents 15.3 4.7 10.6 Non-compete agreements 6.0 5.1 0.9 Other 27.8 11.1 16.7 Total $ 266.2 $ 99.7 $ 166.5

Restructuring Charges (Tables)

Restructuring Charges (Tables)	9 Months Ended
	Jul. 31, 2015
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, 2015 (Dollars in millions): Employee Other Costs Total Balance at October 31, 2014 $ 2.9 $ 1.2 $ 4.1 Costs incurred and charged to expense 18.6 8.1 26.7 Costs paid or otherwise settled (10.8 ) (3.9 ) (14.7 ) Balance at July 31, 2015 $ 10.7 $ 5.4 $ 16.1
Reconciliation of Total Amounts Expected to be Incurred from Open Restructuring Plans Anticipated to be Realized	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 Amounts expensed during the nine month period ended July 31, 2015 Amounts Remaining to be Incurred Rigid Industrial Packaging & Services Employee separation costs $ 20.9 $ 15.3 $ 5.6 Other restructuring costs 10.6 5.1 5.5 31.5 20.4 11.1 Flexible Products & Services Employee separation costs 9.0 3.1 5.9 Other restructuring costs 2.6 2.2 0.4 11.6 5.3 6.3 Paper Packaging Employee separation costs 0.2 0.2 — Other restructuring costs 0.8 0.8 — 1.0 1.0 — $ 44.1 $ 26.7 $ 17.4

Consolidation of Variable Int30

Consolidation of Variable Interest Entities (Tables)	9 Months Ended
	Jul. 31, 2015
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, 2015 Asset Co. Global Textile Trading Co. Flexible Packaging JV Total assets $ 99.9 $ 16.5 $ 105.9 $ 222.3 Total liabilities 92.2 17.4 56.3 165.9 Net assets $ 7.7 $ (0.9 ) $ 49.6 $ 56.4 October 31, 2014 Asset Co. Global Textile Trading Co. Flexible Packaging JV Total assets $ 113.6 $ 21.6 $ 126.4 $ 261.6 Total liabilities 102.7 42.8 51.8 197.3 Net assets $ 10.9 $ (21.2 ) $ 74.6 $ 64.3

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Jul. 31, 2015
Debt Disclosure [Abstract]
Summary of Long-Term Debt	Long-term debt is summarized as follows (Dollars in millions): July 31, 2015 October 31, 2014 Amended Credit Agreement $ 248.5 $ 169.2 Senior Notes due 2017 300.8 301.2 Senior Notes due 2019 245.8 245.2 Senior Notes due 2021 219.5 252.5 Amended Receivables Facility 145.8 110.0 Other debt 18.6 26.9 1,179.0 1,105.0 Less current portion (24.1 ) (17.6 ) Long-term debt $ 1,154.9 $ 1,087.4

Financial Instruments and Fai32

Financial Instruments and Fair Value Measurements (Tables)	9 Months Ended
	Jul. 31, 2015
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, 2015 and October 31, 2014 (Dollars in millions): July 31, 2015 Balance sheet Fair Value Measurement Level 1 Level 2 Level 3 Total Location Foreign exchange hedges — 0.8 — 0.8 Prepaid expenses and other current assets Foreign exchange hedges — (0.5 ) — (0.5 ) Other current liabilities Insurance annuity — — 19.6 19.6 Other long-term assets Total* $ — $ 0.3 $ 19.6 $ 19.9 October 31, 2014 Balance sheet Location Fair Value Measurement Level 1 Level 2 Level 3 Total Interest rate derivatives $ — $ (0.2 ) $ — $ (0.2 ) Other long-term liabilities Foreign exchange hedges — 0.6 — 0.6 Prepaid expenses and other current assets Foreign exchange hedges — (0.2 ) — (0.2 ) Other current liabilities Insurance annuity — — 22.6 22.6 Other long-term assets Total* $ — $ 0.2 $ 22.6 $ 22.8 * The carrying amounts of cash and cash equivalents, trade accounts receivable, accounts payable, current liabilities and short-term borrowings as of July 31, 2015 and October 31, 2014 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 the Assets Held by Special Purpose Entities	The following table presents the estimated fair values of the Company’s Senior Notes and the Assets held by special purpose entities (Dollars in millions): July 31, 2015 October 31, 2014 Senior Notes due 2017 Estimated fair value $ 317.3 $ 325.5 Senior Notes due 2019 Estimated fair value 278.1 287.5 Senior Notes due 2021 Estimated fair value 260.7 297.7 Assets held by special purpose entities Estimated fair value 54.4 54.5
Summary of Quantitative about Significant Unobservable Inputs Used to Determine Fair Value of Impairment of Long-Lived Assets Held and Used	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 for the nine months ended July 31, 2015. Fair Value of Valuation Unobservable Range of Input Values (in millions) 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, 2015
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 2015 2014 2015 2014 Service cost $ 4.1 $ 3.9 $ 12.4 $ 11.7 Interest cost 7.1 7.4 21.3 $ 22.2 Expected return on plan assets (8.4 ) (8.5 ) (25.3 ) $ (25.5 ) Amortization of prior service cost, initial net asset and net actuarial gain 3.7 2.7 11.0 $ 8.1 Net periodic pension costs $ 6.5 $ 5.5 $ 19.4 $ 16.5
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 2015 2014 2015 2014 Service cost $ — $ — $ — $ — Interest cost 0.1 0.2 0.5 0.6 Amortization of prior service cost and recognized actuarial gain (0.4 ) (0.4 ) (1.2 ) (1.2 ) Net periodic benefit for postretirement benefits $ (0.3 ) $ (0.2 ) $ (0.7 ) $ (0.6 )

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Jul. 31, 2015
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 Outstanding 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 Outstanding 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 Share Outstanding * 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 2015 2014 2015 2014 Numerator for basic and diluted EPS Net income attributable to Greif, Inc. $ 8.6 $ 13.7 $ 59.5 $ 82.8 Cash dividends (24.8 ) (24.7 ) (74.0 ) (73.8 ) Undistributed net income (loss) attributable to Greif, Inc. $ (16.2 ) $ (11.0 ) $ (14.5 ) $ 9.0
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, 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 October 31, 2014: Class A Common Stock 128,000,000 42,281,920 25,603,452 16,678,468 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 July 31, Nine months ended July 31, 2015 2014 2015 2014 Class A Common Stock: Basic shares 25,692,973 25,576,452 25,659,750 25,529,049 Assumed conversion of stock options 5,574 5,500 5,574 10,587 Diluted shares 25,698,547 25,581,952 25,665,324 25,539,636 Class B Common Stock: Basic and diluted shares 22,119,966 22,119,966 22,119,966 22,119,966

Equity and Comprehensive Inco35

Equity and Comprehensive Income (Loss) (Tables)	9 Months Ended
	Jul. 31, 2015
Equity [Abstract]
Summary of Changes in Equity	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 Common Shares Amount Treasury Shares Amount Retained Earnings Accumulated Other Comprehensive Income (Loss) Greif, Inc. Non Total 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 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 expense 0.1 0.1 0.1 - minimum pension liability adjustment, net of income tax expense of $2.0 million 5.5 5.5 5.5 Comprehensive loss (22.6 ) (45.9 ) Acquisition of noncontrolling interests 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 summarizes the changes of equity from October 31, 2013 to July 31, 2014 (Dollars in millions, shares in thousands): Capital Stock Treasury Stock Common Shares Amount Treasury Shares Amount Retained Earnings Accumulated Other Comprehensive Income (Loss) Greif, Inc. Non controlling interests Total Equity As of October 31, 2013 47,577 $ 129.4 29,265 $ (131.0 ) $ 1,418.8 $ (152.6 ) $ 1,264.6 $ 115.3 $ 1,379.9 Net income 82.8 82.8 (2.4 ) 80.4 Other comprehensive income: - foreign currency translation (36.3 ) (36.3 ) 0.3 (36.0 ) - Net reclassification of cash flow hedges to earnings, net of income tax expense of $0.2 million 0.4 0.4 0.4 - minimum pension liability adjustment, net of income tax benefit of $0.2 million (0.5 ) (0.5 ) (0.5 ) Comprehensive Income 46.4 44.3 Noncontrolling interests, loan conversion and other (1.2 ) (1.2 ) 15.2 14.0 Dividends paid to Greif, Inc. shareholders (73.8 ) (73.8 ) (73.8 ) Stock options exercised 68 1.6 (68 ) 0.1 1.7 1.7 Restricted stock executives and directors 22 1.1 (22 ) 0.1 1.2 1.2 Long-term incentive shares issued 56 2.9 (56 ) 0.1 3.0 3.0 As of July 31, 2014 47,723 $ 135.0 29,119 $ (130.7 ) $ 1,426.6 $ (189.0 ) $ 1,241.9 $ 128.4 $ 1,370.3
Schedule of Accumulated Other Comprehensive Income Loss	The following table provides the rollforward of accumulated other comprehensive income for the nine months ended July 31, 2015 (Dollars in millions): Foreign Cash Flow Minimum Pension Accumulated 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 following table provides the rollforward of accumulated other comprehensive income for the nine months ended July 31, 2014 (Dollars in millions): Foreign Cash Flow Minimum Pension Accumulated Balance as of October 31, 2013 $ (56.9 ) $ (0.6 ) $ (95.1 ) $ (152.6 ) Other Comprehensive Income (Loss) Before Reclassifications (36.3 ) (0.1 ) (0.5 ) (36.9 ) Amounts reclassified from Accumulated Other Comprehensive Loss — 0.5 — 0.5 Current-period Other Comprehensive Income (Loss) (36.3 ) 0.4 (0.5 ) (36.4 ) Balance as of July 31, 2014 $ (93.2 ) $ (0.2 ) $ (95.6 ) $ (189.0 )
Reclassification Out of Accumulated Other Comprehensive Income	The following table provides amounts reclassified out of accumulated other comprehensive income for the nine months ended July 31 (Dollars in millions): Details about Accumulated Other Ammount Reclassified from Accumulated Other Comprehensive Income (Loss) Location on Consolidated 2015 2014 Cash Flow Hedges $ 0.1 $ 0.5 Other expense, net

Business Segment Information (T

Business Segment Information (Tables)	9 Months Ended
	Jul. 31, 2015
Segment Reporting [Abstract]
Segment Information	The following segment information is presented for the periods indicated (Dollars in millions): Three months ended Nine months ended 2015 2014 2015 2014 Net sales Rigid Industrial Packaging & Services $ 669.0 $ 827.7 $ 1,985.3 $ 2,324.3 Paper Packaging 176.7 180.6 496.3 520.2 Flexible Products & Services 79.2 107.3 249.3 325.8 Land Management 5.1 8.4 17.3 20.7 Total net sales $ 930.0 $ 1,124.0 $ 2,748.2 $ 3,191.0 Operating profit (loss): Rigid Industrial Packaging & Services $ 29.5 $ 43.0 $ 75.5 $ 123.4 Paper Packaging 21.5 27.9 76.7 84.4 Flexible Products & Services (9.7 ) (12.9 ) (23.8 ) (22.4 ) Land Management 2.9 3.3 32.3 26.4 Total operating profit $ 44.2 $ 61.3 $ 160.7 $ 211.8 Depreciation, depletion and amortization expense: Rigid Industrial Packaging & Services $ 21.8 $ 26.8 $ 70.2 $ 81.1 Paper Packaging 6.8 7.3 21.5 22.6 Flexible Products & Services 2.2 3.3 6.6 10.7 Land Management 0.8 1.4 2.6 3.0 Total depreciation, depletion and amortization expense $ 31.6 $ 38.8 $ 100.9 $ 117.4
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 July 31, Nine months ended July 31, 2015 2014 2015 2014 Net sales: United States $ 431.5 $ 502.4 $ 1,269.7 $ 1,417.3 Europe, Middle East and Africa 337.3 428.2 979.5 1,216.7 Asia Pacific and other Americas 161.2 193.4 499.0 557.0 Total net sales $ 930.0 $ 1,124.0 $ 2,748.2 $ 3,191.0
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, 2015 October 31, 2014 Assets: Rigid Industrial Packaging & Services $ 2,200.5 $ 2,416.6 Paper Packaging 442.5 418.2 Flexible Products & Services 211.4 251.0 Land Management 342.3 319.0 Total segments 3,196.7 3,404.8 Corporate and other 218.6 262.6 Total assets $ 3,415.3 $ 3,667.4 Properties, plants and equipment, net: United States $ 735.7 $ 716.5 Europe, Middle East and Africa 339.8 387.5 Asia Pacific and other Americas 157.8 189.0 Total properties, plants and equipment, net $ 1,233.3 $ 1,293.0

Basis of Presentation and Sum37

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Detail) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015USD ($)	Jul. 31, 2014USD ($)	Jul. 31, 2015USD ($)	Jul. 31, 2014USD ($)
Basis Of Presentation And Significant Accounting Policies [Line Items]
Gain from Venezuela monetary assets and liabilities remeasurement			$ 4.9
Loss for Venezuela non-monetary assets to net realizable value			9.3
Impairment charge for long-lived assets	$ 17.6	$ 15.4	$ 22.3	$ 15.6
Foreign currency devaluation percentage			97.00%
Venezuelan Property, Plants and Equipment, Net [Member]
Basis Of Presentation And Significant Accounting Policies [Line Items]
Impairment charge for long-lived assets	$ 15		$ 15
Official Exchange [Member]
Basis Of Presentation And Significant Accounting Policies [Line Items]
Foreign currency exchange rate, remeasurement	6.4		6.4

Acquisitions and Divestitures -

Acquisitions and Divestitures - Acquisitions (Detail) $ in Millions	9 Months Ended
	Jul. 31, 2015USD ($)Acquisition	Jul. 31, 2014USD ($)Acquisition	Oct. 31, 2014USD ($)
Business Acquisition [Line Items]
Number of acquisitions | Acquisition	0	2
Purchase Price, net of Cash	$ 1.5	$ 53.5
Goodwill	$ 810.3		$ 880.2
Total 2014 Acquisitions [Member]
Business Acquisition [Line Items]
Number of acquisitions | Acquisition	2
Purchase Price, net of Cash	$ 53.5
Tangible Assets, net	2.1
Intangible Assets	14
Goodwill	$ 34.4

Acquisitions and Divestitures39

Acquisitions and Divestitures - Additional Information (Detail) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015USD ($)	Jul. 31, 2014USD ($)	Jul. 31, 2015USD ($)AcquisitionDivestiture	Jul. 31, 2014USD ($)AcquisitionDivestiture
Business Acquisition [Line Items]
Number of acquisitions | Acquisition			0	2
Number of divestitures | Divestiture			8	1
(Gain) loss on divestitures	$ (1.1)	$ 9.1	$ 8.5	$ 9.7
Cash related to sale of business	18.9		18.9
Notes receivables related to sale of business	$ 3.6		$ 3.6
Terms related to sale of business			3 months to five years
Proceeds from divestitures			$ 18.9	$ 30.1
Rigid Industrial Packaging & Services [Member]
Business Acquisition [Line Items]
Number of divestitures | Divestiture			6	1
Flexible Products & Services [Member]
Business Acquisition [Line Items]
Number of divestitures | Divestiture			2

Sale of Non-United States Acc40

Sale of Non-United States Accounts Receivable - Additional Information (Detail) - Jul. 31, 2015	USD ($)	EUR (€)	SGD
Finance Receivable Transferred To Held For Sale [Line Items]
Receivables held by third party	$ 0
Singapore RPA [Member]
Finance Receivable Transferred To Held For Sale [Line Items]
Financing receivable maximum amount under receivable purchase agreement	11,000,000		SGD 15,000,000
European RPA [Member]
Finance Receivable Transferred To Held For Sale [Line Items]
Financing receivable maximum amount under receivable purchase agreement	$ 110,600,000	€ 100,000,000

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, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014	Oct. 31, 2014
European RPA [Member]
Finance Receivable Transferred To Held For Sale [Line Items]
Gross accounts receivable sold to third party financial institution	$ 165.9	$ 266.7	$ 552.6	$ 784
Cash received for accounts receivable sold under the program	147.1	235.2	489.5	692
Deferred purchase price related to accounts receivable sold	18.8	31.5	63.1	92
Loss associated with the program	0.3	0.7	1.2	2
Accounts receivable sold to and held by third party financial institution	121.6		121.6		$ 164.7
Uncollected deferred purchase price related to accounts receivable sold	10.9		10.9
Deferred purchase price liability related to accounts receivable sold					(23.7)
Other Receivables Purchase Agreement [Member]
Finance Receivable Transferred To Held For Sale [Line Items]
Gross accounts receivable sold to third party financial institution	12	13	36.4	44.1
Cash received for accounts receivable sold under the program	12	13	36.4	44.1
Expenses associated with the program			0.1	0.1
Accounts receivable sold to and held by third party financial institution	4.5		4.5		5
Total RPAs [Member]
Finance Receivable Transferred To Held For Sale [Line Items]
Gross accounts receivable sold to third party financial institution	177.9	279.7	589	828.1
Cash received for accounts receivable sold under the program	159.1	248.2	525.9	736.1
Deferred purchase price related to accounts receivable sold	18.8	31.5	63.1	92
Loss associated with the program	0.3	$ 0.7	1.2	2
Expenses associated with the program			0.1	$ 0.1
Accounts receivable sold to and held by third party financial institution	126.1		126.1		169.7
Uncollected deferred purchase price related to accounts receivable sold	$ 10.9		$ 10.9
Deferred purchase price liability related to accounts receivable sold					$ (23.7)

Inventories - Summarization of

Inventories - Summarization of Inventories (Detail) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014
Inventory Disclosure [Abstract]
Finished Goods	$ 95.3	$ 100.9
Raw materials	211.1	235.9
Work-in-process	28.3	44.3
Inventories, Net	$ 334.7	$ 381.1

Assets and Liabilities of Bus43

Assets and Liabilities of Businesses Held for Sale and Disposals of Properties, Plants, Equipment and Businesses, Net - Additional Information (Detail) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015USD ($)	Jul. 31, 2014USD ($)	Jul. 31, 2015USD ($)Assets	Jul. 31, 2014USD ($)
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net	$ 7	$ 1.4	$ 9.3	$ 5.5
Timberland gains			24.3	17.1
Other Net Gains and Insurance Recoveries [Member]
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net	1.1
Other Miscellaneous Equipment [Member]
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net		0.2		0.8
Rigid Industrial Packaging & Services [Member] | Other Net Gains and Insurance Recoveries [Member]
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net			$ 6.6
Rigid Industrial Packaging & Services [Member] | Assets Held for Sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net	4.4
Rigid Industrial Packaging & Services [Member] | HBU and Surplus Properties [Member]
Long Lived Assets Held-for-sale [Line Items]
Number of assets group disposed | Assets			5
Flexible Products & Services [Member] | Assets Held for Sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net		1.1		1.1
Land Management [Member]
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net	$ 1.5	$ 0.1	$ 2.7	2.8
Paper Packaging [Member] | Asset Disposal [Member]
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net				$ 0.8

Goodwill and Other Intangible44

Goodwill and Other Intangible Assets - Summary of Changes in Carrying Amount of Goodwill by Segment (Detail) - Jul. 31, 2015 - USD ($)		Total	Total
Goodwill [Line Items]
Goodwill beginning balance			$ 880,200,000
Goodwill acquired			0
Goodwill allocated to divestitures and businesses held for sale			(12,100,000)
Goodwill adjustments			0
Goodwill Impairment charge		$ 0	(500,000)
Currency translation			(57,300,000)
Goodwill ending balance		810,300,000	810,300,000
Rigid Industrial Packaging & Services [Member]
Goodwill [Line Items]
Goodwill beginning balance	[1]		820,700,000
Goodwill acquired	[1]		0
Goodwill allocated to divestitures and businesses held for sale	[1]		(12,100,000)
Goodwill adjustments	[1]		0
Goodwill Impairment charge	[1]		(500,000)
Currency translation	[1]		(57,300,000)
Goodwill ending balance	[1]	750,800,000	750,800,000
Paper Packaging [Member]
Goodwill [Line Items]
Goodwill beginning balance			59,500,000
Goodwill acquired			0
Goodwill adjustments			0
Goodwill ending balance		$ 59,500,000	59,500,000
Flexible Products & Services [Member]
Goodwill [Line Items]
Goodwill acquired	[2]		0
Goodwill adjustments	[2]		0
Land Management [Member]
Goodwill [Line Items]
Goodwill acquired			0
Goodwill adjustments			$ 0
[1]	At July 31, 2015 and October 31, 2014, the accumulated goodwill impairment loss was $0.5 million and $0.0 million, respectively.
[2]	At July 31, 2015 and October 31, 2014, the accumulated goodwill impairment loss was $50.3 million.

Goodwill and Other Intangible45

Goodwill and Other Intangible Assets - Summary of Changes in Carrying Amount of Goodwill by Segment (Parenthetical) (Detail) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014
Rigid Industrial Packaging & Services [Member]
Goodwill [Line Items]
Accumulated goodwill impairment loss	$ 0.5	$ 0
Flexible Products & Services [Member]
Goodwill [Line Items]
Accumulated goodwill impairment loss	$ 50.3	$ 50.3

Goodwill and Other Intangible46

Goodwill and Other Intangible Assets - Summary of Carrying Amount of Net Other Intangible Assets by Class (Detail) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	$ 236.6	$ 266.2
Accumulated Amortization	98.8	99.7
Net Intangible Assets	137.8	166.5
Trademarks and Patents [Member]
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Indefinite Lived Intangible Assets	13.1	13.8
Trademarks and Patents [Member]
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	24.2	15.3
Accumulated Amortization	11.6	4.7
Net Intangible Assets	12.6	10.6
Non-Compete Agreements [Member]
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	12.4	6
Accumulated Amortization	4	5.1
Net Intangible Assets	8.4	0.9
Customer Relationships [Member]
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	182	203.3
Accumulated Amortization	78.8	78.8
Net Intangible Assets	103.2	124.5
Other Intangible [Member]
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	4.9	27.8
Accumulated Amortization	4.4	11.1
Net Intangible Assets	$ 0.5	$ 16.7

Goodwill and Other Intangible47

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 4.5	$ 5.4	$ 13.9	$ 18.7
Future amortization expense, 2015	18.2		18.2
Future amortization expense, 2016	17.4		17.4
Future amortization expense, 2017	16.7		16.7
Future amortization expense, 2018	16.3		16.3
Future amortization expense, 2019	$ 16.3		$ 16.3

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, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Restructuring Cost and Reserve [Line Items]
Beginning balance			$ 4.1
Costs incurred and charged to expense	$ 16.2	$ 4.2	26.7	$ 10.5
Costs paid or otherwise settled			(14.7)
Ending balance	16.1		16.1
Employee Separation Costs [Member]
Restructuring Cost and Reserve [Line Items]
Beginning balance			2.9
Costs incurred and charged to expense	10.9		18.6
Costs paid or otherwise settled			(10.8)
Ending balance	10.7		10.7
Other Restructuring Costs [Member]
Restructuring Cost and Reserve [Line Items]
Beginning balance			1.2
Costs incurred and charged to expense	5.3		8.1
Costs paid or otherwise settled			(3.9)
Ending balance	$ 5.4		$ 5.4

Restructuring Charges - Additio

Restructuring Charges - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014	Oct. 31, 2014
Restructuring and Related Cost [Abstract]
Restructuring charges	$ 16.2	$ 4.2	$ 26.7	$ 10.5
Amounts remaining to be incurred	17.4		17.4		$ 9.2
Employee Separation Costs [Member]
Restructuring and Related Cost [Abstract]
Restructuring charges	10.9		18.6
Other Restructuring Costs [Member]
Restructuring and Related Cost [Abstract]
Restructuring charges	$ 5.3		$ 8.1

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, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014	Oct. 31, 2014
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	$ 44.1		$ 44.1
Restructuring charges	16.2	$ 4.2	26.7	$ 10.5
Amounts remaining to be incurred	17.4		17.4		$ 9.2
Employee Separation Costs [Member]
Restructuring and Related Cost [Abstract]
Restructuring charges	10.9		18.6
Other Restructuring Costs [Member]
Restructuring and Related Cost [Abstract]
Restructuring charges	5.3		8.1
Rigid Industrial Packaging & Services [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	31.5		31.5
Restructuring charges			20.4
Amounts remaining to be incurred	11.1		11.1
Rigid Industrial Packaging & Services [Member] | Employee Separation Costs [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	20.9		20.9
Restructuring charges			15.3
Amounts remaining to be incurred	5.6		5.6
Rigid Industrial Packaging & Services [Member] | Other Restructuring Costs [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	10.6		10.6
Restructuring charges			5.1
Amounts remaining to be incurred	5.5		5.5
Flexible Products & Services [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	11.6		11.6
Restructuring charges			5.3
Amounts remaining to be incurred	6.3		6.3
Flexible Products & Services [Member] | Employee Separation Costs [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	9		9
Restructuring charges			3.1
Amounts remaining to be incurred	5.9		5.9
Flexible Products & Services [Member] | Other Restructuring Costs [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	2.6		2.6
Restructuring charges			2.2
Amounts remaining to be incurred	0.4		0.4
Paper Packaging [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	1		1
Restructuring charges			1
Paper Packaging [Member] | Employee Separation Costs [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	0.2		0.2
Restructuring charges			0.2
Paper Packaging [Member] | Other Restructuring Costs [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	$ 0.8		0.8
Restructuring charges			$ 0.8

Consolidation of Variable Int51

Consolidation of Variable Interest Entities - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014	Oct. 31, 2014
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	(0.7)	2.2	1.5	2.4
STA Timber [Member]
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 [Member]
Variable Interest Entity [Line Items]
Net loss attributable to noncontrolling interests	$ 2.6	$ 3.7	$ 8.9	$ 9.2

Consolidation of Variable Int52

Consolidation of Variable Interest Entities - Total Net Assets of Flexible Packaging JV (Detail) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014
Variable Interest Entity [Line Items]
Total assets	$ 50.9	$ 50.9
Total liabilities	43.3	43.3
Asset Co. [Member]
Variable Interest Entity [Line Items]
Total assets	99.9	113.6
Total liabilities	92.2	102.7
Net assets	7.7	10.9
Global Textile [Member]
Variable Interest Entity [Line Items]
Total assets	16.5	21.6
Total liabilities	17.4	42.8
Net assets	(0.9)	(21.2)
Trading Co. [Member]
Variable Interest Entity [Line Items]
Total assets	105.9	126.4
Total liabilities	56.3	51.8
Net assets	49.6	74.6
Flexible Packaging JV [Member]
Variable Interest Entity [Line Items]
Total assets	222.3	261.6
Total liabilities	165.9	197.3
Net assets	$ 56.4	$ 64.3

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Detail) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014
Debt Instrument [Line Items]
Other debt	$ 18.6	$ 26.9
Total long-term debt	1,179	1,105
Less current portion	(24.1)	(17.6)
Long-term debt	1,154.9	1,087.4
Amended Credit Agreement [Member]
Debt Instrument [Line Items]
Amended Credit Agreement	248.5	169.2
Less current portion	(17.3)
Long-term debt	231.2
Senior Notes Due 2017 [Member]
Debt Instrument [Line Items]
Senior Notes	300.8	301.2
Senior Notes Due 2019 [Member]
Debt Instrument [Line Items]
Senior Notes	245.8	245.2
Senior Notes Due 2021 [Member]
Debt Instrument [Line Items]
Senior Notes	219.5	252.5
Amended Receivables Facility [Member]
Debt Instrument [Line Items]
Carrying amount of long-term debt	$ 145.8	$ 110

Long-Term Debt (Amended Credit

Long-Term Debt (Amended Credit Agreement) - Additional Information (Detail)	9 Months Ended
	Jul. 31, 2015USD ($)	Oct. 31, 2014USD ($)	Dec. 19, 2012USD ($)
Debt Instrument [Line Items]
Total borrowing capacity available in line of credit facility	$ 679,500,000
Change in outstanding letter of credit	14,400,000
Current portion	24,100,000	$ 17,600,000
Long-term debt	1,154,900,000	1,087,400,000
Minimum [Member]
Debt Instrument [Line Items]
Leverage ratio, adjusted EBITDA	$ 4
Maximum [Member]
Debt Instrument [Line Items]
Interest coverage ratio, adjusted EBITDA	3
Amended Credit Agreement [Member]
Debt Instrument [Line Items]
Amount borrowed under multi currency credit facility			$ 1,000,000,000
Amended Credit Agreement	$ 248,500,000	$ 169,200,000
Current portion	17,300,000
Long-term debt	$ 231,200,000
Weighted average interest rate on the Amended Credit Agreement	1.61%
Actual interest rate on the Amended Credit Agreement	1.73%

Long-Term Debt (Senior Notes) -

Long-Term Debt (Senior Notes) - Additional Information (Detail)	9 Months Ended
	Jul. 31, 2015	Jul. 15, 2011EUR (€)	Jul. 28, 2009USD ($)	Feb. 09, 2007USD ($)
Senior Notes Due 2017 [Member]
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 [Member]
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 [Member]
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 T

Long-Term Debt (United States Trade Accounts Receivable Credit Facility) - Additional Information (Detail) - United States Trade Accounts Receivable Credit Facility [Member] - USD ($)	9 Months Ended
	Jul. 31, 2015	Sep. 30, 2013
Debt Instrument [Line Items]
Senior notes issued		$ 130,000,000
Amount borrowed under multi currency credit facility		$ 170,000,000
Maturity date of credit facility	2016-09

Financial Instruments and Fai57

Financial Instruments and Fair Value Measurements - Recurring Fair Value Measurements (Detail) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	$ 19.9	$ 22.8
Other Long-Term Liabilities [Member] | Interest Rate Derivatives [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity		(0.2)
Prepaid Expenses and Other Current Assets [Member] | Foreign Exchange Hedges [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	0.8	0.6
Other Current Liabilities [Member] | Foreign Exchange Hedges [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	(0.5)	(0.2)
Insurance Annuity [Member] | Other Long-Term Assets [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	19.6	22.6
Level 2 [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	0.3	0.2
Level 2 [Member] | Other Long-Term Liabilities [Member] | Interest Rate Derivatives [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity		(0.2)
Level 2 [Member] | Prepaid Expenses and Other Current Assets [Member] | Foreign Exchange Hedges [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	0.8	0.6
Level 2 [Member] | Other Current Liabilities [Member] | Foreign Exchange Hedges [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	(0.5)	(0.2)
Level 3 [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	19.6	22.6
Level 3 [Member] | Insurance Annuity [Member] | Other Long-Term Assets [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	$ 19.6	$ 22.6

Financial Instruments and Fai58

Financial Instruments and Fair Value Measurements - Additional Information (Detail)		Jul. 31, 2015USD ($)	Jul. 31, 2015USD ($)	Jul. 31, 2014USD ($)	Jul. 31, 2015USD ($)	Jul. 31, 2014USD ($)	Oct. 31, 2014USD ($)	Dec. 31, 2014USD ($)Derivative
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest rate derivatives		$ 0	$ 0		$ 0
Realized losses on interest rate derivatives related to statement of operations				$ 200,000	200,000	$ 700,000
Other comprehensive losses on interest rate derivatives							$ 200,000
Gains (losses) recorded under fair value contracts			600,000	(2,500,000)	(6,200,000)	(2,600,000)
Recognized asset impairment charges			17,600,000	15,400,000	22,300,000	15,600,000
Goodwill impairment charge		0			500,000
Facility Closing [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized asset impairment charges				4,300,000	4,200,000
Venezuelan Property, Plants and Equipment, Net [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized asset impairment charges			15,000,000		15,000,000
IT Software Assets [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized asset impairment charges			1,500,000	5,000,000	1,500,000
Rigid Industrial Packaging & Services [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized asset impairment charges			4,200,000
Recognized amount of additional impairment related to assets and liabilities held for sale					0	$ 0
Goodwill impairment charge	[1]				500,000
Rigid Industrial Packaging & Services [Member] | Other Than Temporary Impairment [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized asset impairment charges				$ 5,900,000
Flexible Products & Services [Member] | Other Than Temporary Impairment [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized asset impairment charges			500,000		500,000
Interest Rate Swap [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount								$ 150,000,000
Derivative number of instruments held | Derivative								2
Foreign Currency Forward Contracts [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount		$ 81,600,000	$ 81,600,000		$ 81,600,000		$ 122,400,000
[1]	At July 31, 2015 and October 31, 2014, the accumulated goodwill impairment loss was $0.5 million and $0.0 million, respectively.

Financial Instruments And Fai59

Financial Instruments And Fair Value Measurements - Estimated Fair Values for the Company's Senior Notes and the Assets Held by Special Purpose Entities (Detail) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014
Estimated Fair Value Of Financial Instruments [Line Items]
Assets held by special purpose entities Estimated fair value	$ 50.9	$ 50.9
Estimate of Fair Value Measurement [Member]
Estimated Fair Value Of Financial Instruments [Line Items]
Assets held by special purpose entities Estimated fair value	54.4	54.5
Senior Notes Due 2017 [Member] | Estimate of Fair Value Measurement [Member]
Estimated Fair Value Of Financial Instruments [Line Items]
Estimated fair value	317.3	325.5
Senior Notes Due 2019 [Member] | Estimate of Fair Value Measurement [Member]
Estimated Fair Value Of Financial Instruments [Line Items]
Estimated fair value	278.1	287.5
Senior Notes Due 2021 [Member] | Estimate of Fair Value Measurement [Member]
Estimated Fair Value Of Financial Instruments [Line Items]
Estimated fair value	$ 260.7	$ 297.7

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, None in scaling factor is -9223372036854775296	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value of Impairment	$ 17.6	$ 15.4	$ 22.3	$ 15.6
Broker Quote / Indicative Bids [Member] | Level 3 [Member] | Land & Building [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value of Impairment			$ 17.7
Unobservable Input			Indicative Bids
Range of Input Values
Sales Value [Member] | Level 3 [Member] | Machinery & Equipment [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value of Impairment			$ 3
Unobservable Input			Sales Value
Range of Input Values

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Operating Loss Carryforwards [Line Items]
Income tax expense	$ 18,700,000	$ 28,200,000	$ 45,800,000	$ 64,200,000
Effective tax rate	68.20%	72.30%	44.30%	44.70%
Discrete income tax expense (benefit)	$ (1,300,000)	$ 3,500,000
Deferred income taxes	0		$ 0
Increase in Valuation Allowances [Member]
Operating Loss Carryforwards [Line Items]
Discrete income tax expense (benefit)	(2,000,000)	7,000,000
Return to Provision Adjustments [Member]
Operating Loss Carryforwards [Line Items]
Discrete income tax expense (benefit)	$ 800,000	$ (3,000,000)

Post Retirement Benefit Plans -

Post Retirement Benefit Plans - Components of Net Periodic Pension Cost (Detail) - Pension Plans, Defined Benefit [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 4.1	$ 3.9	$ 12.4	$ 11.7
Interest cost	7.1	7.4	21.3	22.2
Expected return on plan assets	(8.4)	(8.5)	(25.3)	(25.5)
Amortization of prior service cost, initial net asset and net actuarial gain	3.7	2.7	11	8.1
Net periodic (benefit) cost	$ 6.5	$ 5.5	$ 19.4	$ 16.5

Post Retirement Benefit Plans63

Post Retirement Benefit Plans - Additional Information (Detail) $ in Millions	9 Months Ended
	Jul. 31, 2015USD ($)
Compensation and Retirement Disclosure [Abstract]
Company's pension contributions	$ 8.1
Company's estimated pension contributions	$ 9.2

Post Retirement Benefit Plans64

Post Retirement Benefit Plans - Components of Net Periodic Cost for Postretirement Benefits (Detail) - Other Postretirement Benefit Plans, Defined Benefit [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	0.1	0.2	0.5	0.6
Amortization of prior service cost and recognized actuarial gain	(0.4)	(0.4)	(1.2)	(1.2)
Net periodic (benefit) cost	$ (0.3)	$ (0.2)	$ (0.7)	$ (0.6)

Contingent Liabilities and En65

Contingent Liabilities and Environmental Reserves - Additional Information (Detail) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2015	Oct. 31, 2014
Site Contingency [Line Items]
Environmental liability reserves	$ 8.6	$ 24.7
Blending Facility in Chicago and Illinois [Member]
Site Contingency [Line Items]
Environmental liability reserves	0.8	13.7
European Drum Facilities [Member]
Site Contingency [Line Items]
Environmental liability reserves	4.4	6.8
Life Cycle Management and Recycling Facilities [Member]
Site Contingency [Line Items]
Environmental liability reserves	2.1	2.6
Other Facilities [Member]
Site Contingency [Line Items]
Environmental liability reserves	1.3	$ 1.6
Decrease in environmental reserve due to the divestment of subsidiary	$ 12.9

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - USD ($)	9 Months Ended		21 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015
Class of Stock [Line Items]
Number of shares authorized to be purchased	4,000,000		4,000,000
Shares repurchased of common stock	3,184,272		3,184,272
Total cost of the shares repurchased			$ 0
Antidilutive stock option	0	0
Class A Common Stock [Member]
Class of Stock [Line Items]
Percentage of shares outstanding used in two class method calculation	40.00%
Common stock dividend per share	$ 0.01
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.
Repurchase of common stock	0
Shares repurchased of common stock	1,425,452		1,425,452
Class B Common Stock [Member]
Class of Stock [Line Items]
Percentage of shares outstanding used in two class method calculation	60.00%
Common stock dividend per share	$ 0.015
Voting rights	The Class B Common Stock has full voting rights.
Repurchase of common stock	0
Shares repurchased of common stock	1,758,820		1,758,820

Earnings Per Share - Computatio

Earnings Per Share - Computation of Class Based Basic and Diluted Earnings Per Share (Detail)	9 Months Ended
	Jul. 31, 2015
Class A Common Stock [Member]
Class of Stock [Line Items]
Basic and Diluted EPS, class based	40.00%
Class B Common Stock [Member]
Class of Stock [Line Items]
Basic and Diluted EPS, class based	60.00%

Earnings Per Share - Computat68

Earnings Per Share - Computation of Earnings Per Share Basic and Diluted (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Numerator for basic and diluted EPS
Net income attributable to Greif, Inc.	$ 8.6	$ 13.7	$ 59.5	$ 82.8
Cash dividends	(24.8)	(24.7)	(74)	(73.8)
Undistributed net income (loss) attributable to Greif, Inc.	$ (16.2)	$ (11)	$ (14.5)	$ 9

Earnings Per Share - Summarizat

Earnings Per Share - Summarization of Company's Class A and Class B Common and Treasury Shares (Detail) - shares	Jul. 31, 2015	Oct. 31, 2014
Class A Common Stock [Member]
Class of Stock [Line Items]
Authorized Shares	128,000,000	128,000,000
Issued Shares	42,281,920	42,281,920
Outstanding Shares	25,693,564	25,603,452
Treasury Shares	16,588,356	16,678,468
Class B Common Stock [Member]
Class of Stock [Line Items]
Authorized Shares	69,120,000	69,120,000
Issued Shares	34,560,000	34,560,000
Outstanding Shares	22,119,966	22,119,966
Treasury Shares	12,440,034	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, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Class A Common Stock [Member]
Class of Stock [Line Items]
Basic shares	25,692,973	25,576,452	25,659,750	25,529,049
Assumed conversion of stock options	5,574	5,500	5,574	10,587
Diluted shares	25,698,547	25,581,952	25,665,324	25,539,636
Class B Common Stock [Member]
Class of Stock [Line Items]
Basic shares	22,100,000	22,100,000	22,100,000	22,100,000
Diluted shares	22,100,000	22,100,000	22,100,000	22,100,000
Basic and diluted shares	22,119,966	22,119,966	22,119,966	22,119,966

Equity Earnings of Unconsolid71

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, 2015USD ($)	Jul. 31, 2014USD ($)	Jul. 31, 2015USD ($)Affiliates	Jul. 31, 2014USD ($)Affiliates
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 | Affiliates			2	4
Equity earnings of affiliates	$ 600,000	$ 700,000	$ 300,000	$ 900,000
Dividends received from company's equity method affiliates	0	0	0	200,000
Net (income) loss attributable to noncontrolling interests	$ (700,000)	$ 2,200,000	$ 1,500,000	$ 2,400,000

Equity and Comprehensive Inco72

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, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Beginning Balance			$ 1,223.2	$ 1,379.9
Net income	$ 9.3	$ 11.5	58	80.4
Other comprehensive income (loss):
Foreign currency translation	5.6	(12.9)	(109.5)	(36)
Net reclassification of cash flow hedges to earnings, net of immaterial income tax expense		0.2	0.1	0.4
Minimum pension liability adjustment, net of income tax expense (benefit)	(0.9)	0.4	5.5	(0.5)
Comprehensive income (loss)	14	(0.8)	(45.9)	44.3
Acquisition of noncontrolling interests and other			(10.5)
Noncontrolling interests, loan conversion and other				14
Dividends paid to Greif, Inc. shareholders	(24.8)	(24.7)	(74)	(73.8)
Dividends paid to noncontrolling interests			(4)
Stock options exercised			0.2	1.7
Restricted stock executives and directors			1.4	1.2
Long-term incentive shares issued			2.1	3
Ending Balance	1,092.5	1,370.3	1,092.5	1,370.3
Capital Stock [Member]
Beginning Balance			$ 135.5	$ 129.4
Beginning Balance, Shares			47,724	47,577
Other comprehensive income (loss):
Stock options exercised			$ 0.2	$ 1.6
Stock options exercised, Shares			10	68
Restricted stock executives and directors			$ 1.4	$ 1.1
Restricted stock executives and directors, Shares			31	22
Long-term incentive shares issued			$ 2	$ 2.9
Long-term incentive shares issued, Shares			49	56
Ending Balance	$ 139.1	$ 135	$ 139.1	$ 135
Ending Balance, Shares	47,814	47,723	47,814	47,723
Treasury Stock [Member]
Beginning Balance			$ (130.7)	$ (131)
Beginning Balance, Shares			29,118	29,265
Other comprehensive income (loss):
Stock options exercised				$ 0.1
Stock options exercised, Shares			(10)	(68)
Restricted stock executives and directors				$ 0.1
Restricted stock executives and directors, Shares			(31)	(22)
Long-term incentive shares issued			$ 0.1	$ 0.1
Long-term incentive shares issued, Shares			(49)	(56)
Ending Balance	$ (130.6)	$ (130.7)	$ (130.6)	$ (130.7)
Ending Balance, Shares	29,028	29,119	29,028	29,119
Retained Earnings [Member]
Beginning Balance			$ 1,411.7	$ 1,418.8
Net income			59.5	82.8
Other comprehensive income (loss):
Acquisition of noncontrolling interests and other			(0.4)
Noncontrolling interests, loan conversion and other				(1.2)
Dividends paid to Greif, Inc. shareholders			(74)	(73.8)
Ending Balance	$ 1,396.8	$ 1,426.6	1,396.8	1,426.6
Accumulated Other Comprehensive Income (Loss) [Member]
Beginning Balance			(274.4)	(152.6)
Other comprehensive income (loss):
Foreign currency translation			(87.7)	(36.3)
Net reclassification of cash flow hedges to earnings, net of immaterial income tax expense			0.1	0.4
Minimum pension liability adjustment, net of income tax expense (benefit)			5.5	(0.5)
Ending Balance	(356.5)	(189)	(356.5)	(189)
Noncontrolling Interests [Member]
Beginning Balance			81.1	115.3
Net income			(1.5)	(2.4)
Other comprehensive income (loss):
Foreign currency translation			(21.8)	0.3
Acquisition of noncontrolling interests and other			(10.1)
Noncontrolling interests, loan conversion and other				15.2
Dividends paid to noncontrolling interests			(4)
Ending Balance	43.7	128.4	43.7	128.4
Parent Company [Member]
Beginning Balance			1,142.1	1,264.6
Net income			59.5	82.8
Other comprehensive income (loss):
Foreign currency translation			(87.7)	(36.3)
Net reclassification of cash flow hedges to earnings, net of immaterial income tax expense			0.1	0.4
Minimum pension liability adjustment, net of income tax expense (benefit)			5.5	(0.5)
Comprehensive income (loss)			(22.6)	46.4
Acquisition of noncontrolling interests and other			(0.4)
Noncontrolling interests, loan conversion and other				(1.2)
Dividends paid to Greif, Inc. shareholders			(74)	(73.8)
Stock options exercised			0.2	1.7
Restricted stock executives and directors			1.4	1.2
Long-term incentive shares issued			2.1	3
Ending Balance	$ 1,048.8	$ 1,241.9	$ 1,048.8	$ 1,241.9

Equity and Comprehensive Inco73

Equity and Comprehensive Income (Loss) - Summary of Changes in Equity (Parenthetical) (Detail) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014
Income tax expense, Reclassification of cash flow hedges to earnings		$ (0.2)
Income tax (expense) benefit, minimum pension liability adjustment	$ (2)	0.2
Parent Company [Member]
Income tax expense, Reclassification of cash flow hedges to earnings		(0.2)
Income tax (expense) benefit, minimum pension liability adjustment	$ (2)	$ 0.2

Equity and Comprehensive Inco74

Equity and Comprehensive Income (Loss) - Schedule of Accumulated Other Comprehensive Income Loss (Detail) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (274.4)	$ (152.6)
Other Comprehensive Income (Loss) Before Reclassifications	(82.2)	(36.9)
Amounts reclassified from Accumulated Other Comprehensive Loss	0.1	0.5
Current-period Other Comprehensive Income (Loss)	(82.1)	(36.4)
Ending Balance	(356.5)	(189)
Foreign Currency Translation [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(144.5)	(56.9)
Other Comprehensive Income (Loss) Before Reclassifications	(87.7)	(36.3)
Current-period Other Comprehensive Income (Loss)	(87.7)	(36.3)
Ending Balance	(232.2)	(93.2)
Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(0.1)	(0.6)
Other Comprehensive Income (Loss) Before Reclassifications		(0.1)
Amounts reclassified from Accumulated Other Comprehensive Loss	0.1	0.5
Current-period Other Comprehensive Income (Loss)	0.1	0.4
Ending Balance		(0.2)
Minimum Pension Liability Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(129.8)	(95.1)
Other Comprehensive Income (Loss) Before Reclassifications	5.5	(0.5)
Current-period Other Comprehensive Income (Loss)	5.5	(0.5)
Ending Balance	$ (124.3)	$ (95.6)

Equity and Comprehensive Inco75

Equity and Comprehensive Income (Loss) - Reclassification Out of Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other expense, net	$ 1.6	$ (1.6)	$ (1)	$ (6.6)
Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other expense, net			$ 0.1	$ 0.5

Business Segment Information -

Business Segment Information - Additional Information (Detail)	9 Months Ended
	Jul. 31, 2015Segment
Segment Reporting [Abstract]
Number of operating segment	5
Number of reportable business segment	4

Business Segment Information 77

Business Segment Information - Segment Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014	Oct. 31, 2014
Net sales
Total net sales	$ 930	$ 1,124	$ 2,748.2	$ 3,191
Operating profit (loss):
Total operating profit (loss)	44.2	61.3	160.7	211.8
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	31.6	38.8	100.9	117.4
Assets:
Total assets	3,415.3		3,415.3		$ 3,667.4
Operating Segments [Member]
Assets:
Total assets	3,196.7		3,196.7		3,404.8
Operating Segments [Member] | Rigid Industrial Packaging & Services [Member]
Net sales
Total net sales	669	827.7	1,985.3	2,324.3
Operating profit (loss):
Total operating profit (loss)	29.5	43	75.5	123.4
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	21.8	26.8	70.2	81.1
Assets:
Total assets	2,200.5		2,200.5		2,416.6
Operating Segments [Member] | Paper Packaging [Member]
Net sales
Total net sales	176.7	180.6	496.3	520.2
Operating profit (loss):
Total operating profit (loss)	21.5	27.9	76.7	84.4
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	6.8	7.3	21.5	22.6
Assets:
Total assets	442.5		442.5		418.2
Operating Segments [Member] | Flexible Products & Services [Member]
Net sales
Total net sales	79.2	107.3	249.3	325.8
Operating profit (loss):
Total operating profit (loss)	(9.7)	(12.9)	(23.8)	(22.4)
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	2.2	3.3	6.6	10.7
Assets:
Total assets	211.4		211.4		251
Operating Segments [Member] | Land Management [Member]
Net sales
Total net sales	5.1	8.4	17.3	20.7
Operating profit (loss):
Total operating profit (loss)	2.9	3.3	32.3	26.4
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	0.8	$ 1.4	2.6	$ 3
Assets:
Total assets	342.3		342.3		319
Corporate and Other [Member]
Assets:
Total assets	$ 218.6		$ 218.6		$ 262.6

Business Segment Information 78

Business Segment Information - Net Sales to External Customers by Geographical Area (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Net sales
Total net sales	$ 930	$ 1,124	$ 2,748.2	$ 3,191
United States [Member]
Net sales
Total net sales	431.5	502.4	1,269.7	1,417.3
Europe, Middle East and Africa [Member]
Net sales
Total net sales	337.3	428.2	979.5	1,216.7
Asia Pacific and Other Americas [Member]
Net sales
Total net sales	$ 161.2	$ 193.4	$ 499	$ 557

Business Segment Information 79

Business Segment Information - Properties, Plants and Equipment, Net by Geographical Area (Detail) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014
Properties, plants and equipment, net
Total properties, plants and equipment, net	$ 1,233.3	$ 1,293
United States [Member]
Properties, plants and equipment, net
Total properties, plants and equipment, net	735.7	716.5
Europe, Middle East and Africa [Member]
Properties, plants and equipment, net
Total properties, plants and equipment, net	339.8	387.5
Asia Pacific and Other Americas [Member]
Properties, plants and equipment, net
Total properties, plants and equipment, net	$ 157.8	$ 189