Greif (GEF) 10-Q 9 Jun 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Apr. 30, 2016	Jun. 06, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
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		25,781,791
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		22,009,725

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($)	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Net sales	$ 839,600,000	$ 915,900,000	$ 1,611,000,000	$ 1,818,200,000
Cost of products sold	665,900,000	734,800,000	1,286,000,000	1,483,200,000
Gross profit	173,700,000	181,100,000	325,000,000	335,000,000
Selling, general and administrative expenses	94,500,000	108,500,000	187,700,000	220,300,000
Restructuring charges	5,400,000	7,300,000	7,700,000	10,500,000
Timberland gains	0	(24,300,000)	0	(24,300,000)
Non-cash asset impairment charges	1,700,000	4,500,000	40,800,000	4,700,000
Gain on disposal of properties, plants and equipment, net	(7,900,000)	(700,000)	(8,800,000)	(2,300,000)
(Gain) loss on disposal of businesses, net	(2,800,000)	10,400,000	(2,800,000)	9,600,000
Operating profit	82,800,000	51,100,000	100,400,000	116,500,000
Interest expense, net	19,900,000	18,200,000	38,400,000	37,800,000
Other expense, net	1,700,000	2,500,000	4,700,000	2,600,000
Income before income tax expense and equity earnings of unconsolidated affiliates, net	61,200,000	30,400,000	57,300,000	76,100,000
Income tax expense	28,700,000	9,600,000	34,700,000	27,100,000
Equity earnings (losses) of unconsolidated affiliates, net of tax	0	(300,000)	0	(300,000)
Net income	32,500,000	20,500,000	22,600,000	48,700,000
Net (income) loss attributable to noncontrolling interests	(1,100,000)	300,000	(2,300,000)	2,200,000
Net income attributable to Greif, Inc.	$ 31,400,000	$ 20,800,000	$ 20,300,000	$ 50,900,000
Class A Common Stock [Member]
Basic earnings per share attributable to Greif, Inc. common shareholders:
EPS Basic	$ 0.53	$ 0.35	$ 0.35	$ 0.87
Diluted earnings per share attributable to Greif, Inc. common shareholders:
EPS Diluted	$ 0.53	$ 0.35	$ 0.35	$ 0.87
Weighted-average number of common shares outstanding:
Basic	25,761,733	25,678,393	25,729,623	25,643,139
Diluted	25,766,609	25,688,653	25,733,924	25,652,796
Cash dividends declared per common share:
Cash dividends per share	$ 0.42	$ 0.42	$ 0.84	$ 0.84
Class B Common Stock [Member]
Basic earnings per share attributable to Greif, Inc. common shareholders:
EPS Basic	0.80	0.53	0.51	1.29
Diluted earnings per share attributable to Greif, Inc. common shareholders:
EPS Diluted	$ 0.80	$ 0.53	$ 0.51	$ 1.29
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	$ 1.25	$ 1.25

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 32.5	$ 20.5	$ 22.6	$ 48.7
Other comprehensive income (loss), net of tax:
Foreign currency translation	46.3	(40.5)	18	(115.1)
Net reclassification of cash flow hedges to earnings				0.1
Minimum pension liabilities, net	(1.3)	0.9	0.6	6.4
Other comprehensive income (loss), net of tax	45	(39.6)	18.6	(108.6)
Comprehensive income (loss)	77.5	(19.1)	41.2	(59.9)
Comprehensive income (loss) attributable to noncontrolling interests	4.1	(10.1)	1.7	(26.1)
Comprehensive income (loss) attributable to Greif, Inc.	$ 73.4	$ (9)	$ 39.5	$ (33.8)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Apr. 30, 2016	Oct. 31, 2015
Current assets
Cash and cash equivalents	$ 89.6	$ 106.2
Trade accounts receivable, less allowance of $9.4 in 2016 and $11.8 in 2015	404.8	403.7
Inventories	290.3	297
Deferred tax assets		25.4
Assets held for sale	9.3	16.9
Prepaid expenses and other current assets	134.1	159.3
Total current assets	928.1	1,008.5
Long-term assets
Goodwill	798.8	807.1
Other intangible assets, net of amortization	125.7	132.7
Deferred tax assets	13.2	7.8
Assets held by special purpose entities	50.9	50.9
Other long-term assets	92.5	91
Total long-term assets	1,081.1	1,089.5
Properties, plants and equipment
Timber properties, net of depletion	278.5	277.1
Land	105.4	106.3
Buildings	409.6	410.4
Machinery and equipment	1,470.1	1,457.9
Capital projects in progress	90.1	78
Properties, plants and equipment, gross	2,353.7	2,329.7
Accumulated depreciation	(1,155.7)	(1,112)
Properties, plants and equipment, net	1,198	1,217.7
Total assets	3,207.2	3,315.7
Current liabilities
Accounts payable	326	355.3
Accrued payroll and employee benefits	72.4	83.5
Restructuring reserves	12.7	21.3
Current portion of long-term debt	317.7	30.7
Short-term borrowings	59.4	40.7
Deferred tax liabilities		2.4
Liabilities held for sale	1	1.8
Other current liabilities	119.5	111.3
Total current liabilities	908.7	647
Long-term liabilities
Long-term debt	777	1,116.2
Deferred tax liabilities	192.7	214.9
Pension liabilities	143.7	141.1
Postretirement benefit obligations	13.9	14.9
Liabilities held by special purpose entities	43.3	43.3
Contingent liabilities and environmental reserves	9.3	8.2
Other long-term liabilities	82.7	70.2
Total long-term liabilities	$ 1,262.6	$ 1,608.8
Commitments and Contingencies (Note 13)
Redeemable Noncontrolling Interest (Note 18)	$ 35.4
Equity
Common stock, without par value	141.1	$ 139.1
Treasury stock, at cost	(135.6)	(130.6)
Retained earnings	1,334.9	1,384.5
Accumulated other comprehensive loss:
-foreign currency translation	(238)	(256.6)
-minimum pension liabilities	(120.2)	(120.8)
Total Greif, Inc. equity	982.2	1,015.6
Noncontrolling interests	18.3	44.3
Total equity	1,000.5	1,059.9
Total liabilities and equity	$ 3,207.2	$ 3,315.7

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Apr. 30, 2016	Oct. 31, 2015
Statement of Financial Position [Abstract]
Allowance of trade accounts receivable	$ 9.4	$ 11.8

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015
Cash flows from operating activities:
Net income	$ 22.6	$ 48.7
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation, depletion and amortization	64.3	69.3
Timberland gains		(24.3)
Non-cash asset impairment charges	40.8	4.7
Gain on disposals of properties, plants and equipment, net	(8.8)	(2.3)
(Gain) Loss on disposals of businesses, net	(2.8)	9.6
Unrealized foreign exchange (gain) loss	5	(4)
Deferred income tax expense	(4.1)	(2.6)
Other, net	(0.6)	(0.3)
Increase (decrease) in cash from changes in certain assets and liabilities:
Trade accounts receivable	(12.6)	14.5
Inventories	(0.8)	(11.7)
Deferred purchase price on sold receivables	(15.2)	(0.6)
Accounts payable	(12.7)	(82.2)
Restructuring reserves	(8.7)	6.4
Pension and postretirement benefit liabilities	(0.8)	(6)
Other, net	(7.9)	(45.7)
Net cash provided by (used in) operating activities	57.7	(26.5)
Cash flows from investing activities:
Acquisitions of companies, net of cash acquired	(0.4)	(0.4)
Collection of subordinated note receivable	44.2
Purchases of properties, plants and equipment	(44.8)	(69.8)
Purchases of and investments in timber properties	(3.5)	(25.4)
Purchases of properties, plants and equipment with insurance proceeds	(3.6)
Proceeds from the sale of properties, plants, equipment and other assets	3.8	39.2
Proceeds from the sale of businesses	23.6	12.5
Proceeds from insurance recoveries	6.6
Net cash provided by (used in) investing activities	25.9	(43.9)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	564.2	366
Payments on long-term debt	(593.6)	(323.5)
Proceeds from short-term borrowings, net	6.1	29.2
Proceeds from trade accounts receivable credit facility	14.8	111.9
Payments on trade accounts receivable credit facility	(36.1)	(75.2)
Dividends paid to Greif, Inc. shareholders	(49.3)	(49.2)
Dividends paid to noncontrolling interests	(1.3)	(1.6)
Exercise of stock options		0.2
Acquisitions of treasury stock	(5.2)
Purchases of redeemable noncontrolling interest	(0.8)
Net cash provided by (used in) financing activities	(101.2)	57.8
Effects of exchange rates on cash	1	(5.1)
Net decrease in cash and cash equivalents	(16.6)	(17.7)
Cash and cash equivalents at beginning of period	106.2	85.1
Cash and cash equivalents at end of period	$ 89.6	$ 67.4

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Apr. 30, 2016
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 The Company’s fiscal year begins on November 1 and ends on October 31 of the following year. Any references to the year 2016 or 2015, or to any quarter of those years, relates to the fiscal year or quarter, as the case may be, ended in that year. The information furnished herein reflects all adjustments which are, in the opinion of management, necessary for a fair presentation of the condensed consolidated balance sheets as of April 30, 2016 and October 31, 2015, the condensed consolidated statements of income and comprehensive income (loss) for the three and six months ended April 30, 2016 and 2015 and the condensed consolidated statements of cash flows for the six month periods ended April 30, 2016 and 2015 of Greif, Inc. and its subsidiaries (the “Company”). The condensed consolidated financial statements include the accounts of Greif, Inc., all wholly-owned and consolidated subsidiaries and investments in limited liability companies, partnerships and joint ventures in which it has controlling influence or is the primary beneficiary. Non-majority owned entities include investments in limited liability companies, partnerships and joint ventures in which the Company does not have controlling influence and are accounted for using either the equity or cost method, as appropriate. The unaudited condensed consolidated financial statements included in the Quarterly Report on Form 10-Q “Form 10-Q”) Form 10-K Form 10-K”). 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).” 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 (loss), cash flows, 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 (loss), cash flows and disclosures. In August 2014, the FASB issued ASU 2014-15, “Presentation of Financial Statements-Going Concern: Disclosure of Uncertainties about an Entity’s Ability to Continue as Going Concern.” The objective of this update is to reduce the diversity in the timing and content of footnote disclosures related to going concern. The amendments require management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. This update applies to all entities that would be required to disclose information about their potential inability to continue as a going concern when “substantial doubt” about their ability to continue as a going concern exists. The Company will be required to evaluate “relevant conditions and events that are known and reasonably knowable at the date that the financial statements are issued.” The Company will have to document its consideration of this ASU, but not because the Company believes there is substantial doubt about its ability to continue as a going concern. The Company is expected to adopt this guidance beginning November 1, 2017, and the adoption of the new guidance is not expected to impact the Company’s financial position, results of operations, comprehensive income (loss) or cash flows, other than the related disclosures. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842),” which amends the lease accounting and disclosure requirements in ASC 842, Leases. The objective of this update is to increase transparency and comparability among organizations recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about lease arrangements. This ASU will require the recognition of lease assets and lease liabilities for those leases classified as operating leases under previous GAAP. The update is effective in fiscal year 2020 using a modified retrospective approach. The Company is in the process of determining the potential impact of adopting this guidance on its financial position, results of operations, comprehensive income (loss), cash flows and disclosures. In March 2016, the FASB issued ASU 2016-09, Newly Adopted Accounting Standards In November 2015, the FASB issued ASU 2015-17,

Acquisitions and Divestitures

Acquisitions and Divestitures	6 Months Ended
	Apr. 30, 2016
Business Combinations [Abstract]
Acquisitions and Divestitures	NOTE 2 — ACQUISITIONS AND DIVESTITURES The Company completed three divestitures and no material acquisitions for the six months ended April 30, 2016. The divestitures were of nonstrategic businesses in the Rigid Industrial Packaging & Services segment. The gain on the disposal of businesses was $2.8 million for the six months ended April 30, 2016. Proceeds from divestitures were $23.6 million. Additionally, the Company recorded notes receivable of $2.4 million for the sale of two of the businesses sold in the second quarter 2016, which are expected to be collected in the fourth quarter of 2017. Proceeds from divestitures completed in fiscal year 2015 and collected during the six months ended April 30, 2016 were $0.9 million. The Company has $4.4 million of notes receivable recorded from the sale of businesses, ranging in remaining term from six months to seventeen months. The Company completed seven divestitures and no material acquisitions for the six months ended April 30, 2015. The divestitures were of nonstrategic businesses, five in the Rigid Industrial Packaging & Services segment and two in the Flexible Products & Services segment. The loss on disposal of businesses was $9.6 million for the six months ended April 30, 2015. Proceeds from divestitures were $12.5 million.

Sale of Non-United States Accou

Sale of Non-United States Accounts Receivable	6 Months Ended
	Apr. 30, 2016
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. (the “Main SPV”) and Greif Coordination Center BVBA, an indirect wholly owned subsidiary of Greif, Inc. (“Seller”), entered into the Nieuw Amsterdam Receivables Purchase Agreement (the “European RPA”) with affiliates of a major international bank (the “Purchasing Bank Affiliates”). On April 20, 2015, the Main SPV and Seller amended and extended the term of the existing European RPA. Under the European RPA, as amended, the number of entities participating in the agreement have decreased 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 ($113.2 million as of April 30, 2016). Under the terms of the European RPA, the Company has the ability to loan excess cash to the Purchasing Bank Affiliates in the form of a subordinated loan receivable. As of October 31, 2015, the Company had loaned $44.2 million of excess cash back to the Purchasing Bank Affiliates. During the six months ended April 30, 2016, the Company collected the full balance of the subordinated note receivable. Under the terms of the European RPA, the Company has agreed to sell trade receivables meeting certain eligibility requirements that the Seller had purchased from other of our indirect wholly-owned subsidiaries under a factoring agreement. The structure of the transactions provide for a legal true sale, on a revolving basis, of the receivables transferred from our various subsidiaries to the respective banks and their affiliates. The purchaser funds an initial purchase price of a certain percentage of eligible receivables based on a formula, with the initial purchase price approximating 75 percent to 90 percent of eligible receivables. The remaining deferred purchase price is settled upon collection of the receivables. At the balance sheet reporting dates, we remove from accounts receivable the amount of proceeds received from the initial purchase price since they meet the applicable criteria of ASC 860, “Transfers and Servicing,” and we continue to recognize the deferred purchase price in accounts receivable. The receivables are sold on a non-recourse basis with the total funds in the servicing collection accounts pledged to the banks between settlement dates. In October 2007, Greif Singapore Pte. Ltd., an indirect wholly-owned subsidiary of Greif, Inc., entered into the Singapore Receivable Purchase Agreement (the “Singapore RPA”) with a major international bank. The maximum amount of aggregate receivables that may be financed under the Singapore RPA is 15.0 million Singapore Dollars ($11.1 million as of April 30, 2016). The table below contains certain information related to the Company’s accounts receivables programs (Dollars in millions): Three months Six months ended 2016 2015 2016 2015 European RPA Gross accounts receivable sold to third party financial institution $ 162.3 $ 195.2 $ 303.3 $ 386.7 Cash received for accounts receivable sold under the programs 143.5 173.0 268.5 342.4 Deferred purchase price related to accounts receivable sold 18.6 22.2 34.4 44.3 Loss associated with the programs 0.2 0.4 0.5 0.9 Expenses associated with the programs — — — — Singapore RPA Gross accounts receivable sold to third party financial institution $ 10.4 $ 12.8 $ 21.1 $ 24.4 Cash received for accounts receivable sold under the program 10.4 12.8 21.1 24.4 Deferred purchase price related to accounts receivable sold — — — — Loss associated with the program — — — — Expenses associated with the program — — — — Total RPAs Gross accounts receivable sold to third party financial institution $ 172.7 $ 208.0 $ 324.4 $ 411.1 Cash received for accounts receivable sold under the program 153.9 185.8 289.6 366.8 Deferred purchase price related to accounts receivable sold 18.6 22.2 34.4 44.3 Loss associated with the program 0.2 0.4 0.5 0.9 Expenses associated with the program — — — — 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): April 30, October 31, European RPA Accounts receivable sold to and held by third party financial institution $ 118.4 $ 114.8 Uncollected deferred purchase price related to accounts receivable sold 20.9 — Deferred purchase price liability related to accounts receivable sold — (1.5 ) Singapore RPA Accounts receivable sold to and held by third party financial institution $ 4.1 $ 4.0 Uncollected deferred purchase price related to accounts receivable sold — — Total RPAs Accounts receivable sold to and held by third party financial institution $ 122.5 $ 118.8 Uncollected deferred purchase price related to accounts receivable sold 20.9 — Deferred purchase price liability related to accounts receivable sold — (1.5 ) The deferred purchase price related to the accounts receivable sold is reflected as prepaid expenses and other current assets or other current liabilities on the Company’s consolidated balance sheet and was initially recorded at an amount which approximates its fair value due to the short-term nature of these items. The cash received initially and the deferred purchase price relate to the sale or ultimate collection of the underlying receivables and are not subject to significant other risks given their short nature; therefore, the Company reflects all cash flows under the accounts receivable sales programs as operating cash flows on the Company’s consolidated statements of cash flows. Additionally, the Company performs collections and administrative functions on the receivables sold, similar to the procedures it uses for collecting all of its receivables, including receivables that are not sold under the European RPA and the Singapore RPA. The servicing liability for these receivables is not material to the consolidated financial statements.

Inventories

Inventories	6 Months Ended
	Apr. 30, 2016
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): April 30, October 31, Finished Goods $ 91.1 $ 88.0 Raw materials 185.6 190.7 Work-in-process 13.6 18.3 $ 290.3 $ 297.0

Assets and Liabilities Held for

Assets and Liabilities Held for Sale and Disposals of Properties, Plants and Equipment, Net,and Timberland and Gains	6 Months Ended
	Apr. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Assets and Liabilities Held for Sale and Disposals of Properties, Plants and Equipment, Net,and Timberland and Gains	NOTE 5 — ASSETS AND LIABILITIES HELD FOR SALE AND DISPOSALS OF PROPERTIES, PLANTS AND EQUIPMENT, NET, AND TIMBERLAND GAINS The following table presents assets and liabilities classified as held for sale as of April 30, 2016 and October 31, 2015 (Dollars in millions): April 30, October 31, Cash and cash equivalents $ 0.5 $ — Trade accounts receivable, less allowance 1.7 2.3 Inventories 1.6 1.6 Properties, plants and equipment, net 5.2 8.1 Other assets 0.3 4.9 Assets held for sale 9.3 16.9 Accounts payable 0.7 1.8 Other liabilities 0.3 — Liabilities held for sale 1.0 1.8 As of April 30, 2016, there were two asset groups within the Rigid Industrial Packaging & Services segment and two asset groups in the Flexible Products & Services segment 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 and liabilities within the next twelve months. As of October 31, 2015, there were four asset groups in the Rigid Industrial Packaging & Services segment and one asset group in the Flexible Products & Services segment classified as assets and liabilities held for sale. For the three months ended April 30, 2016, the Company recorded a gain on disposal of properties, plants and equipment, net of $7.9 million. This included insurance recoveries that resulted in gains of $6.4 million in the Rigid Industrial Packaging & Services segment, disposals of assets in the Flexible Products & Services segment classified as held for sale that resulted in gains of $0.8 million, sales of surplus properties in the Land Management segment that resulted in gains of $0.2 million, and other net gains totaling an additional $0.5 million. For the six months ended April 30, 2016, the Company recorded a gain on disposal of properties, plants and equipment, net of $8.8 million. This included insurance recoveries that resulted in gains of $6.4 million in the Rigid Industrial Packaging & Services segment, disposals of assets in the Flexible Products & Services segment classified as held for sale that resulted in gains of $0.9 million, sales of surplus properties in the Land Management segment that resulted in gains of $0.8 million and other net gains totaling an additional $0.7 million. For the three months ended April 30, 2015, the Company recorded a gain on disposal of properties, plants and equipment, net of $0.7 million. This included sales of surplus properties in the Land Management segment that resulted in gains of $0.9 million and other net losses totaling an additional $0.2 million. For the six months ended April 30, 2015, the Company recorded a gain on disposal of properties, plants and equipment, net of $2.3 million. This included sales of surplus properties in the Land Management segment that resulted in gains of $1.3 million, a disposal of an asset in the Rigid Industrial Packaging & Services segment that resulted in a gain of $0.9 million and other net gains totaling an additional $0.1 million. For the three and six months ended April 30, 2016, the Company recorded no gains relating to the sale of timberland. For the three and six months ended April 30, 2015, the Company recorded immaterial gains and gains of $24.3 million, respectively.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Apr. 30, 2016
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 six month period ended April 30, 2016 (Dollars in millions): Rigid Paper Total Balance at October 31, 2015 $ 747.6 $ 59.5 $ 807.1 Goodwill acquired — — — Goodwill allocated to divestitures and businesses held for sale (1) 3.4 — 3.4 Goodwill adjustments — — — Goodwill Impairment charge (21.0 ) (21.0 ) Currency translation 9.3 — 9.3 Balance at April 30, 2016 $ 739.3 $ 59.5 $ 798.8 (1) Goodwill previously allocated to divestitures and businesses held for sale that was impaired during the first quarter of 2016. As of April 30, 2016 and October 31, 2015, the accumulated goodwill impairment loss was $50.3 million in the Flexible Products & Services segment. The following table summarizes the carrying amount of net other intangible assets by class as of April 30, 2016 and October 31, 2015 (Dollars in millions): Gross Accumulated Net April 30, 2016: Indefinite lived: Trademarks and patents $ 13.2 $ — $ 13.2 Definite lived: Customer relationships 179.9 86.6 93.3 Trademarks and patents 12.3 4.4 7.9 Non-compete agreements 1.9 1.7 0.2 Other 24.5 13.4 11.1 Total $ 231.8 $ 106.1 $ 125.7 October 31, 2015: Indefinite lived: Trademarks and patents $ 13.1 $ — $ 13.1 Definite lived: Customer relationships 180.7 81.7 99.0 Trademarks and patents 12.4 4.2 8.2 Non-compete agreements 4.9 4.5 0.4 Other 24.2 12.2 12.0 Total $ 235.3 $ 102.6 $ 132.7 Amortization expense for the three months ended April 30, 2016 and 2015 was $4.3 million and $4.6 million, respectively. Amortization expense for the six months ended April 30, 2016 and 2015 was $8.5 million and $9.4 million, respectively. Amortization expense for the next five years is expected to be $16.8 million in 2016, $16.1 million in 2017, $15.7 million in 2018, $15.6 million in 2019 and $15.1 million in 2020. Definite lived intangible assets for the periods presented are subject to amortization and are being amortized using the straight-line method over periods that are contractually, legally determined, or over the period a market participant would benefit from the asset.

Restructuring Charges

Restructuring Charges	6 Months Ended
	Apr. 30, 2016
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 six month period ended April 30, 2016 (Dollars in millions): Employee Other Total Balance at October 31, 2015 $ 14.7 $ 6.6 $ 21.3 Costs incurred and charged to expense 5.3 2.4 7.7 Costs paid or otherwise settled (10.7 ) (5.6 ) (16.3 ) Balance at April 30, 2016 $ 9.3 $ 3.4 $ 12.7 The focus for restructuring activities in 2016 is to continue to rationalize operations and close underperforming assets throughout all segments. During the three months ended April 30, 2016, the Company recorded restructuring charges of $5.4 million, which compares to $7.3 million of restructuring charges recorded during the three months ended April 30, 2015. The restructuring activity for the three months ended April 30, 2016 consisted of $4.3 million in employee separation costs and $1.1 million in other restructuring costs, primarily consisting of professional fees incurred for services specifically associated with employee separation and relocation. During the six months ended April 30, 2016, the Company recorded restructuring charges of $7.7 million, which compares to $10.5 million of restructuring charges recorded during the six months ended April 30, 2015. The restructuring activity for the six months ended April 30, 2016 consisted of $5.3 million in employee separation costs and $2.4 million in other restructuring costs, primarily consisting of professional fees incurred for services specifically associated with employee separation and relocation. The following is a reconciliation of the total amounts expected to be incurred from approved restructuring plans or plans that are being formulated and have not been announced as of the date of this Form 10-Q. Total Amounts expensed Amounts Rigid Industrial Packaging & Services Employee separation costs $ 11.2 $ 3.0 $ 8.2 Other restructuring costs 3.9 1.3 2.6 15.1 4.3 10.8 Flexible Products & Services Employee separation costs 4.8 2.3 2.5 Other restructuring costs 1.4 1.1 0.3 6.2 3.4 2.8 Paper Packaging & Services Employee separation costs — — — Other restructuring costs 0.6 — 0.6 0.6 — 0.6 $ 21.9 $ 7.7 $ 14.2

Consolidation of Variable Inter

Consolidation of Variable Interest Entities	6 Months Ended
	Apr. 30, 2016
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”) whenever reconsideration events occur and performs reassessments of all VIEs quarterly to determine if the primary beneficiary status is appropriate. The Company consolidates VIEs for which it is the primary beneficiary. If the Company is not the primary beneficiary and an ownership interest is held, the VIE is accounted for under the equity or cost methods of accounting, as appropriate. The primary beneficiary is the variable interest that has the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance; and the obligation to absorb the expected losses and/or the right to receive the expected returns of the VIE. Significant Nonstrategic Timberland Transactions In 2005, the Company sold certain timber properties to Plum Creek Timberlands, L.P. (“Plum Creek”) in a series of transactions that included the creation of two separate legal entities that are now consolidated as separate VIEs. One is an indirect subsidiary of Plum Creek (the “Buyer SPE”), and the other is STA Timber LLC, an indirect wholly owned subsidiary of the Company (“STA Timber”). As of April 30, 2016 and October 31, 2015, consolidated assets of Buyer SPE consisted of $50.9 million of restricted bank financial instruments which are expected to be held to maturity. For both of the three month periods ended April 30, 2016 and 2015, Buyer SPE recorded interest income of $0.6 million. For both of the six month periods ended April 30, 2016 and 2015, Buyer SPE recorded interest income of $1.2 million. As of April 30, 2016 and October 31, 2015, STA Timber had consolidated long-term debt of $43.3 million. For both of the three month periods ended April 30, 2016 and 2015, STA Timber recorded interest expense of $0.6 million. For both of the six month periods ended April 30, 2016 and 2015, STA timber recorded interest expense of $1.2 million. The intercompany borrowing arrangement between the two VIEs is eliminated in consolidation. STA Timber is exposed to credit-related losses in the event of nonperformance by an issuer of a deed of guarantee in the transaction. Flexible Packaging Joint Venture On September 29, 2010, Greif, Inc. and its indirect subsidiary Greif International Holding Supra C.V. (“Greif Supra”) formed a joint venture (referred to herein as the “Flexible Packaging JV” or “FPS VIE”) with Dabbagh Group Holding Company Limited and one of its subsidiaries, originally National Scientific Company Limited and now Gulf Refined Packaging for Industrial Packaging Company LTD. The Flexible Packaging JV owns the operations in the Flexible Products & Services segment. The Flexible Packaging JV has been consolidated into the operations of the Company as of its formation date of September 29, 2010. The Flexible Packaging JV is deemed to be a VIE since the total equity investment at risk is not sufficient to permit the legal entity to finance its activities without additional subordinated financial support. The major factors that led to the conclusion that the Company was the primary beneficiary of this VIE was that (1) the Company has the power to direct the most significant activities due to its ability to direct the operating decisions of the FPS VIE, which power is derived from the significant CEO discretion over the operations of the FPS VIE combined with the Company’s sole and exclusive right to appoint the CEO of the FPS VIE, and (2) the significant variable interest through the Company’s equity interest in the FPS VIE. All entities contributed to the Flexible Packaging JV were existing businesses acquired by Greif Supra that were reorganized under Greif Flexibles Asset Holding B.V. and Greif Flexibles Trading Holding B.V. (“Asset Co.” and “Trading Co.”), respectively. The following table presents the Flexible Packaging JV total net assets (Dollars in millions): April 30, October 31, Cash and cash equivalents $ 10.0 $ 14.5 Trade accounts receivable, less allowance of $3.0 in 2016 and $3.2 in 2015 48.9 47.5 Inventories 38.5 44.7 Properties, plants and equipment, net 41.2 43.1 Other assets 41.1 36.8 Total Assets 179.7 186.6 Accounts payable 29.5 27.9 Other liabilities 51.6 50.6 Total Liabilities 81.1 78.5 Net losses attributable to the noncontrolling interest in the Flexible Packaging JV for the three months ended April 30, 2016 and 2015 were $1.6 million and $3.0 million, respectively; and for the six months ended April 30, 2016 and 2015, net losses attributable to noncontrolling interest were $2.6 million and $6.3 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	6 Months Ended
	Apr. 30, 2016
Debt Disclosure [Abstract]
Long-Term Debt	NOTE 9 — LONG-TERM DEBT Long-term debt is summarized as follows (Dollars in millions): April 30, October 31, Amended Credit Agreement $ 193.7 $ 217.4 Senior Notes due 2017 300.4 300.7 Senior Notes due 2019 246.9 246.0 Senior Notes due 2021 224.5 219.4 Amended Receivables Facility 126.3 147.6 Other debt 2.9 15.8 1,094.7 1,146.9 Less current portion (317.7 ) (30.7 ) Long-term debt $ 777.0 $ 1,116.2 Amended Credit Agreement On December 19, 2012, the Company and two of its international subsidiaries amended and restated the Company’s existing $1.0 billion senior secured credit agreement with a syndicate of financial institutions (the “Amended Credit Agreement”). The total available borrowing under this facility was $721.4 million as of April 30, 2016, which has been reduced by $14.4 million for outstanding letters of credit, all of which is available without violating covenants. The Amended Credit Agreement contains financial covenants that require the Company to maintain a certain leverage ratio and an interest coverage ratio. The leverage ratio generally requires that at the end of any fiscal quarter the Company will not permit the ratio of (a) the Company’s total consolidated indebtedness, to (b) the Company’s consolidated net income plus depreciation, depletion and amortization, interest expense (including capitalized interest), and income taxes, and minus certain extraordinary gains and non-recurring gains (or plus certain extraordinary losses and non-recurring losses) and plus or minus certain other items for the preceding twelve months (“adjusted EBITDA”) to be greater than 4.00 to 1. The interest coverage ratio generally requires that at the end of any fiscal quarter the Company will not permit the ratio of (a) the Company’s consolidated adjusted EBITDA to (b) the Company’s consolidated interest expense to the extent paid or payable, to be less than 3.00 to 1, during the preceding twelve month period (the “Interest Coverage Ratio Covenant”). As of April 30, 2016, $193.7 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 $176.4 million. The weighted average interest rate on the Amended Credit Agreement was 1.98% for the six months ended April 30, 2016. The actual interest rate on the Amended Credit Agreement was 2.29% as of April 30, 2016. Senior Notes due 2017 On February 9, 2007, the Company issued $300.0 million of 6.75% Senior Notes due February 1, 2017. Interest on these Senior Notes is payable semi-annually. These Senior Notes were reclassified to current portion of long-term debt on the condensed consolidated balance sheet as of April 30, 2016. Senior Notes due 2019 On July 28, 2009, the Company issued $250.0 million of 7.75% Senior Notes due August 1, 2019. Interest on these Senior Notes is payable semi-annually. Senior Notes due 2021 On July 15, 2011, Greif, Inc.’s wholly-owned subsidiary, Greif Nevada Holdings, Inc., S.C.S. (formerly Greif Luxembourg Finance S.C.A.) issued € 200.0 million of 7.375% Senior Notes due July 15, 2021. These Senior Notes are fully and unconditionally guaranteed on a senior basis by Greif, Inc. Interest on these Senior Notes is payable semi-annually. United States Trade Accounts Receivable Credit Facility On September 31, 2013, the Company amended and restated its existing receivables facility in the United States to establish a $170.0 million United States Trade Accounts Receivable Credit Facility (the “Amended Receivables Facility”) with a financial institution. On December 1, 2015, the Amended Receivables facility was amended to reduce the amount of available proceeds from $170 million to $150 million.

Financial Instruments and Fair

Financial Instruments and Fair Value Measurements	6 Months Ended
	Apr. 30, 2016
Fair Value Disclosures [Abstract]
Financial Instruments and Fair Value Measurements	NOTE 10 — FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS Recurring Fair Value Measurements The following table presents the fair value for those assets and (liabilities) measured on a recurring basis as of April 30, 2016 and October 31, 2015 (Dollars in millions): April 30, 2016 Fair Value Measurement Level 1 Level 2 Level 3 Total Balance sheet Location Foreign exchange hedges $ — $ 0.1 $ — $ 0.1 Prepaid expenses and other current assets Foreign exchange hedges — (0.2 ) — (0.2 ) Other current liabilities Insurance annuity** — — 20.6 20.6 Other long-term assets Total* $ — $ (0.1 ) $ 20.6 $ 20.5 October 31, 2015 Fair Value Measurement Level 1 Level 2 Level 3 Total Balance sheet Location Foreign exchange hedges $ — $ 0.3 $ — $ 0.3 Prepaid expenses and other current assets Foreign exchange hedges — (0.2 ) — (0.2 ) Other current liabilities Insurance annuity** — — 20.1 20.1 Other long-term assets Total* $ — $ 0.1 $ 20.1 $ 20.2 * The carrying amounts of cash and cash equivalents, trade accounts receivable, accounts payable, current liabilities and short-term borrowings as of April 30, 2016 and October 31, 2015 approximate their fair values because of the short-term nature of these items and are not included in this table. ** The change in fair value of the insurance annuity is primarily due to changes in foreign currency exchange rates. Foreign Exchange Hedges The Company conducts business in various international currencies and is subject to risks associated with changing foreign exchange rates. The Company’s objective is to reduce volatility associated with foreign exchange rate changes. Accordingly, from time to time, the Company enters into various contracts that change in value as foreign exchange rates change to protect the value of certain existing foreign currency assets and liabilities, commitments and anticipated foreign currency cash flows. As of April 30, 2016, the Company had outstanding foreign currency forward contracts in the notional amount of $119.4 million ($129.9 million as of October 31, 2015). Adjustments to fair value are recognized in earnings, offsetting the impact of the hedged item. The assumptions used in measuring fair value of foreign exchange hedges are considered level 2 inputs, which were based on observable market pricing for similar instruments, principally foreign exchange futures contracts. Gains recorded under fair value contracts were $0.2 million for the three months ended April 30, 2016. Losses recorded under fair value contracts were $1.2 million for the three months ended April 30, 2015; and were $0.3 million and $6.8 million for the six months ended April 30, 2016 and 2015, respectively. Other financial instruments The fair values of the Company’s Amended Credit Agreement and the Amended Receivables Facility do not materially differ from carrying value as the Company’s cost of borrowing is variable and approximates current borrowing rates. The 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): April 31, October 31, Senior Notes due 2017 Estimated fair value $ 311.3 $ 314.8 Senior Notes due 2019 Estimated fair value 282.5 280.6 Senior Notes due 2021 Estimated fair value 265.0 258.7 Assets held by special purpose entities Estimated fair value 54.7 54.4 Non-Recurring Fair Value Measurements Long-Lived Assets The Company recognized asset impairment charges of $1.7 million during the three months ended April 30, 2016 and $4.5 million for the three months ended April 30, 2015. As a result of the Company measuring long-lived assets at fair value on a non-recurring basis, during the three months ended April 30, 2016, the Company recorded impairment charges of $1.1 million related to properties, plants and equipment, net, in the Rigid Industrial Packaging & Services segment. The Company recognized asset impairment charges of $40.8 million and $4.7 million during the six months ended April 30, 2016 and 2015, respectively. As a result of the Company measuring long-lived assets at fair value on a non-recurring basis, during the six months ended April 30, 2016, the Company recorded impairment charges of $3.8 million related to properties, plants and equipment, net, in the Rigid Industrial Packaging & Services segment, $1.5 million related to a cost method investment in the Paper Packaging & Services segment, and $0.8 million of properties, plants and equipment, net, in the Flexible Products & Services segment. The assumptions used in measuring fair value of long-lived assets are considered level 3 inputs, which include bids received from third parties, recent purchase offers, market comparable information and discounted cash flows based on assumptions that market participants would use. Assets and Liabilities Held for Sale The assumptions used in measuring fair value of assets and liabilities held for sale are considered level 3 inputs, which include recent purchase offers, market comparables and/or data obtained from commercial real estate brokers. During the six month period ended April 30, 2016, two asset groups were reclassified to assets and liabilities held for sale, resulting in a $20.1 million impairment to net realizable value. Included in the asset impairment, was $8.5 million of goodwill allocated to the business classified as held for sale. During the six month period ended April 30, 2016, one asset group classified as held for sale as of October 31, 2015, was remeasured to net realizable value, resulting in an impairment of $14.0 million. Included in the asset impairment, was $11.9 million of goodwill allocated to the business classified as held for sale. The three asset groups were sold during the three month period ended April 30, 2016, resulting in additional goodwill allocated to the divestment of $0.6 million. The following table presents quantitative information about the significant unobservable inputs used to determine the fair value of the impairment of long-lived assets held and used and net assets held for sale for the six months ended April 30, 2016. Quantitative Information about Level 3 Fair Value Measurements Fair Value of Valuation Unobservable Range of (in millions) April 30, 2016 Impairment of Net Assets Held for Sale $ 34.7 Broker Quote/ Indicative Bids N/A Impairment of Long Lived Assets $ 6.1 Sales Value Sales Value N/A April 30, 2015 Impairment of Net Assets Held for Sale $ 2.7 Broker Quote/ Indicative Bids N/A Impairment of Long Lived Assets $ 1.5 Sales Value Sales Value N/A Goodwill and Other Intangible Assets On an annual basis or whenever events or circumstances indicate impairment may have occurred, the Company performs impairment tests for goodwill and long lived intangible assets as defined under ASC 350, “Intangibles-Goodwill and Other.” The Company concluded that no such impairment existed as of April 30, 2016.

Income Taxes

Income Taxes	6 Months Ended
	Apr. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 11 — INCOME TAXES Income tax expense for the quarter was computed in accordance with ASC 740-270. Under this method, losses from jurisdictions for which a valuation allowance has been provided have not been included in the amount to which the ASC 740-270 rate was applied. Income tax expense of the Company fluctuates primarily due to changes in income mix by jurisdiction, changes in losses from jurisdictions for which a valuation allowance has been provided and the impact of discrete items in the respective quarter. Income tax expense was $28.7 million and $9.6 million for the three months ended April 30, 2016 and 2015, respectively. Income tax expense was $34.7 million and $27.1 million for the six months ended April 30, 2016 and 2015, respectively. As of April 30, 2016, the Company had not recognized U.S. deferred income taxes on the undistributed earnings from certain non-U.S. subsidiaries. The Company’s intention is to reinvest these earnings indefinitely outside of the U.S., or to repatriate the earnings only when it is tax-efficient to do so. Therefore, no U.S. tax provision has been accrued related to the repatriation of these earnings. It is not practicable to estimate the amount of any additional taxes that may be payable on the undistributed earnings given the various alternatives the Company could employ should the Company decide to repatriate those earnings in the future.

Post Retirement Benefit Plans

Post Retirement Benefit Plans	6 Months Ended
	Apr. 30, 2016
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 Six months ended 2016 2015 2016 2015 Service cost $ 3.1 $ 4.2 $ 6.2 $ 8.3 Interest cost 5.6 7.1 11.2 14.2 Expected return on plan assets (8.3 ) (8.5 ) (16.6 ) (16.9 ) Amortization of prior service cost, initial net asset and net actuarial gain 2.9 3.6 5.8 7.3 Net periodic pension costs $ 3.3 $ 6.4 $ 6.6 $ 12.9 The Company made $6.2 million in pension contributions in the six months ended April 30, 2016. The Company estimates $12.5 million of pension contributions for the twelve months ended October 31, 2016. The components of net periodic cost for postretirement benefits include the following (Dollars in millions): Three months Six months 2016 2015 2016 2015 Service cost $ — $ — $ — $ — Interest cost 0.1 0.2 0.2 0.4 Amortization of prior service cost and recognized actuarial gain (0.4 ) (0.4 ) (0.8 ) (0.8 ) Net periodic benefit for postretirement benefits $ (0.3 ) $ (0.2 ) $ (0.6 ) $ (0.4 )

Contingent Liabilities and Envi

Contingent Liabilities and Environmental Reserves	6 Months Ended
	Apr. 30, 2016
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 April 30, 2016 and October 31, 2015, environmental reserves of $9.3 million and $8.2 million, respectively, were recorded on an undiscounted basis. These reserves are principally based on environmental studies and cost estimates provided by third parties, but also take into account management estimates. The estimated liabilities are reduced to reflect the anticipated participation of other potentially responsible parties in those instances where it is probable that such parties are legally responsible and financially capable of paying their respective shares of relevant costs. For sites that involve formal actions subject to joint and several liabilities, these actions have formal agreements in place to apportion the liability. As of April 30, 2016 and October 31, 2015, environmental reserves of the Company included $4.4 million and $4.3 million, respectively, for various European drum facilities acquired from Blagden and Van Leer; $1.9 million and $2.0 million, respectively, for its various container life cycle management and recycling facilities acquired in 2011 and 2010; $1.1 million and $0.1 million for remediation of a site no longer owned by the Company; and $1.9 million and $1.8 million for various other facilities around the world. The Company’s exposure to adverse developments with respect to any individual site is not expected to be material. Although environmental remediation could have a material effect on results of operations if a series of adverse developments occur in a particular quarter or year, the Company believes that the chance of a series of adverse developments occurring in the same quarter or year is remote. Future information and developments will require the Company to continually reassess the expected impact of these environmental matters.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Apr. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 14 — EARNINGS PER SHARE The Company has two classes of common stock and redeemable noncontrolling interests and, as such, applies the “two-class method” of computing earnings per share (“EPS”) as prescribed in ASC 260, “Earnings Per Share.” In accordance with this guidance, earnings are allocated in the same fashion as dividends would be distributed. Under the Company’s articles of incorporation, any distribution of dividends in any year must be made in proportion of one cent a share for Class A Common Stock to one and one-half cents a share for Class B Common Stock, which results in a 40% to 60% split to Class A and B shareholders, respectively. In accordance with this, earnings are allocated first to Class A and Class B Common Stock to the extent that dividends are actually paid and the remainder is allocated assuming all of the earnings for the period have been distributed in the form of dividends. The Company calculates EPS as follows: Basic Class A EPS = 40% * Average Class A Shares Outstanding * Undistributed Net Income + Class A Dividends Per Share 40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding Average Class A Shares Diluted Class A EPS = 40% * Average Class A Shares Outstanding * Undistributed Net Income + Class A Dividends Per Share 40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding Average Diluted Class A 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 * Diluted Class B EPS calculation is identical to Basic Class B calculation The following table provides EPS information for each period, respectively: Three months Six months ended 2016 2015 2016 2015 Numerator for basic and diluted EPS Net income attributable to Greif, Inc. $ 31.4 $ 20.8 $ 20.3 $ 50.9 Cash dividends (24.8 ) (24.7 ) (49.3 ) (49.2 ) Undistributed net (loss) income attributable to Greif, Inc. $ 6.6 $ (3.9 ) $ (29.0 ) $ 1.7 The Class A Common Stock has no voting rights unless four quarterly cumulative dividends upon the Class A Common Stock are in arrears. The Class B Common Stock has full voting rights. There is no cumulative voting for the election of directors. Common stock repurchases The Company’s Board of Directors has authorized the purchase of up to four million shares of Class A Common Stock or Class B Common Stock or any combination of the foregoing. In April 2016, the Stock Repurchase Committee authorized the Company to repurchase 110,241 shares of Class B Common Stock as part of the program and those shares were repurchased during the quarter. There have been no other shares repurchased under this program from November 1, 2014 through April 30, 2016. As of April 30, 2016, the Company had repurchased 3,294,513 shares, including 1,425,452 shares of Class A Common Stock and 1,869,061 shares of Class B Common Stock. The following table summarizes the Company’s Class A and Class B common and treasury shares as of the specified dates: Authorized Issued Outstanding Treasury April 30, 2016: Class A Common Stock 128,000,000 42,281,920 25,776,791 16,505,129 Class B Common Stock 69,120,000 34,560,000 22,009,725 12,550,275 October 31, 2015: Class A Common Stock 128,000,000 42,281,920 25,693,564 16,588,356 Class B Common Stock 69,120,000 34,560,000 22,119,966 12,440,034 The following is a reconciliation of the shares used to calculate basic and diluted earnings per share: Three months ended April 30, Six months ended April 30, 2016 2015 2016 2015 Class A Common Stock: Basic shares 25,761,733 25,678,393 25,729,623 25,643,139 Assumed conversion of stock options 4,876 10,260 4,301 9,657 Diluted shares 25,766,609 25,688,653 25,733,924 25,652,796 Class B Common Stock: Basic and diluted shares 22,108,942 22,119,966 22,114,454 22,119,966

Equity Earnings of Unconsolidat

Equity Earnings of Unconsolidated Affiliates, Net of Tax and Net (Income) Loss Attributable to Noncontrolling Interests	6 Months Ended
	Apr. 30, 2016
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. The Company has an equity interest in one such affiliate as of April 30, 2016. The Company had an equity interest in two such affiliates as of April 30, 2015. If the fair value of an investment in an affiliate is below its carrying value and the difference is deemed to be other than temporary, the difference between the fair value and the carrying value is charged to earnings. There were no equity earnings of unconsolidated affiliates, net of tax for the three and six months ended April 30, 2016. Equity earnings (losses) of unconsolidated affiliates, net of tax for the three and six months ended April 30, 2015 were ($0.3) million. There were no dividends received from the Company’s equity method affiliates for the three and six months ended April 30, 2016 and 2015. Net (income) loss attributable to noncontrolling interests Net (income) loss attributable to noncontrolling interests represent the portion of earnings or losses from the operations of the Company’s consolidated subsidiaries attributable to unrelated third party equity owners. Net (income) loss attributable to noncontrolling interests for the three months ended April 30, 2016 and 2015 was ($1.1) million and $0.3 million, respectively. Net (income) loss attributable to noncontrolling interests for the six months ended April 30, 2016 and 2015 was ($2.3) million and $2.2 million, respectively.

Equity and Comprehensive Income

Equity and Comprehensive Income (Loss)	6 Months Ended
	Apr. 30, 2016
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, 2015 to April 30, 2016 (Dollars in millions, shares in thousands): Capital Stock Treasury Stock Retained Accumulated Greif, Non Total Common Amount Treasury Amount As of October 31, 2015 47,814 $ 139.1 29,028 $ (130.6 ) $ 1,384.5 $ (377.4 ) $ 1,015.6 $ 44.3 $ 1,059.9 Net income 20.3 20.3 2.3 22.6 Other comprehensive income (loss): - foreign currency translation 18.6 18.6 (0.6 ) 18.0 - minimum pension liability adjustment, net of income tax expense 0.6 0.6 0.6 Comprehensive income (loss) 39.5 41.2 Out of period mark to redemption value of redeemable noncontrolling interest (19.8 ) (19.8 ) (19.8 ) Current period mark to redemption value of redeemable noncontrolling interest (2.0 ) (2.0 ) (2.0 ) Reclassification of redeemable noncontrolling interest 1.2 1.2 (22.8 ) (21.6 ) Net income allocated to redeemable noncontrolling interests (2.4 ) (2.4 ) Other — (0.3 ) (0.3 ) Dividends paid to Greif, Inc. shareholders (49.3 ) (49.3 ) (49.3 ) Dividends to noncontrolling interests (2.2 ) (2.2 ) Treasury shares acquired (110 ) 110 (5.2 ) (5.2 ) (5.2 ) Restricted stock executives and directors 42 1.0 (42 ) 0.1 1.1 1.1 Long-term incentive shares issued 41 1.0 (41 ) 0.1 1.1 1.1 As of April 30, 2016 47,787 $ 141.1 29,055 $ (135.6 ) $ 1,334.9 $ (358.2 ) $ 982.2 $ 18.3 $ 1,000.5 The following table summarizes the changes of equity from October 31, 2014 to April 30, 2015 (Dollars in millions, shares in thousands): Capital Stock Treasury Stock Retained Accumulated Greif, Non Total Common Amount Treasury Amount As of October 31, 2014 47,724 $ 135.5 29,118 $ (130.7 ) $ 1,411.7 $ (274.4 ) $ 1,142.1 $ 81.1 $ 1,223.2 Net income 50.9 50.9 (2.2 ) 48.7 Other comprehensive income (loss): - foreign currency translation (91.2 ) (91.2 ) (23.9 ) (115.1 ) - Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit 0.1 0.1 0.1 - minimum pension liability adjustment, net of income tax benefit of $2.4 million 6.4 6.4 6.4 Comprehensive income (loss) (33.8 ) (59.9 ) Acquisition of noncontrolling interest and other (0.4 ) (0.4 ) (13.4 ) (13.8 ) Dividends paid to Greif, Inc. shareholders (49.2 ) (49.2 ) (49.2 ) Stock options exercised 10 0.2 (10 ) — 0.2 0.2 Restricted stock executives and directors 26 1.1 (26 ) — 1.1 1.1 Long-term incentive shares issued 49 2.0 (49 ) 0.1 2.1 2.1 As of April 30, 2015 47,809 $ 138.8 29,033 $ (130.6 ) $ 1,413.0 $ (359.1 ) $ 1,062.1 $ 41.6 $ 1,103.7 The following table provides the rollforward of accumulated other comprehensive income (loss) for the six months ended April 30, 2016 (Dollars in millions): Foreign Minimum Accumulated Balance as of October 31, 2015 $ (256.6 ) $ (120.8 ) $ (377.4 ) Other Comprehensive Income Before Reclassifications 18.6 0.6 19.2 Current-period Other Comprehensive Income 18.6 0.6 19.2 Balance as of April 30, 2016 $ (238.0 ) $ (120.2 ) $ (358.2 ) The following table provides the rollforward of accumulated other comprehensive income (loss) for the six months ended April 30, 2015 (Dollars in millions): Foreign Cash Minimum Accumulated Balance as of October 31, 2014 $ (144.5 ) $ (0.1 ) $ (129.8 ) $ (274.4 ) Other Comprehensive Income (Loss) Before Reclassifications (91.2 ) — 6.4 (84.8 ) Amounts reclassified from Accumulated Other Comprehensive Loss — 0.1 — 0.1 Current-period Other Comprehensive Income (Loss) (91.2 ) 0.1 6.4 (84.7 ) Balance as of April 30, 2015 $ (235.7 ) $ — $ (123.4 ) $ (359.1 ) The components of accumulated other comprehensive income (loss) above are presented net of tax, as applicable.

Business Segment Information

Business Segment Information	6 Months Ended
	Apr. 30, 2016
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 & Services; Flexible Products & Services; and Land Management. The Company’s reportable business segments offer different products and services. The accounting policies of the reportable business segments are substantially the same as those described in the “Basis of Presentation and Summary of Significant Accounting Policies” note in the 2015 Form 10-K. The following segment information is presented for the periods indicated (Dollars in millions): Three months Six months ended 2016 2015 2016 2015 Net sales Rigid Industrial Packaging & Services $ 589.6 $ 666.6 $ 1,124.5 $ 1,316.3 Paper Packaging & Services 167.2 160.4 325.6 319.6 Flexible Products & Services 76.2 82.0 149.1 170.1 Land Management 6.6 6.9 11.8 12.2 Total net sales $ 839.6 $ 915.9 $ 1,611.0 $ 1,818.2 Operating profit (loss): Rigid Industrial Packaging & Services $ 59.2 $ 25.8 $ 56.6 $ 46.0 Paper Packaging & Services 24.2 27.1 45.4 55.2 Flexible Products & Services (2.9 ) (5.3 ) (6.0 ) (14.1 ) Land Management 2.3 3.5 4.4 29.4 Total operating profit $ 82.8 $ 51.1 $ 100.4 $ 116.5 Depreciation, depletion and amortization expense: Rigid Industrial Packaging & Services $ 21.1 $ 24.2 $ 42.9 $ 48.4 Paper Packaging & Services 7.9 7.3 15.6 14.7 Flexible Products & Services 2.0 2.1 4.1 4.4 Land Management 1.0 1.1 1.7 1.8 Total depreciation, depletion and amortization expense $ 32.0 $ 34.7 $ 64.3 $ 69.3 The following table presents net sales to external customers by geographic area (Dollars in millions): Three months Six months ended 2016 2015 2016 2015 Net sales: United States $ 406.3 $ 428.2 $ 778.7 $ 838.2 Europe, Middle East and Africa 310.8 322.8 587.0 642.2 Asia Pacific and other Americas 122.5 164.9 245.3 337.8 Total net sales $ 839.6 $ 915.9 $ 1,611.0 $ 1,818.2 The following table presents total assets by segment and total properties, plants and equipment, net by geographic area (Dollars in millions): April 30, October 31, Assets: Rigid Industrial Packaging & Services $ 1,991.9 $ 2,043.3 Paper Packaging & Services 444.8 444.0 Flexible Products & Services 184.4 187.0 Land Management 338.1 335.2 Total segments 2,959.2 3,009.5 Corporate and other 248.0 306.2 Total assets $ 3,207.2 $ 3,315.7 Properties, plants and equipment, net: United States $ 719.6 $ 734.1 Europe, Middle East and Africa 338.0 335.4 Asia Pacific and other Americas 140.4 148.2 Total properties, plants and equipment, net $ 1,198.0 $ 1,217.7

Redeemable Noncontrolling Inter

Redeemable Noncontrolling Interests	6 Months Ended
	Apr. 30, 2016
Noncontrolling Interest [Abstract]
Redeemable Noncontrolling Interests	NOTE 18 —REDEEMABLE NONCONTROLLING INTERESTS During the first quarter of 2016, the Company identified errors related to the accounting for and presentation related to various noncontrolling interests of consolidated entities. The Company has concluded that the errors are not material to any prior period, the current period, or to the trend in earnings and, as such, has presented the error corrections as an out-of-period reclassification in the current condensed consolidated financial statements. Mandatorily Redeemable Noncontrolling Interests The terms of the joint venture agreement for one joint venture within the Rigid Industrial Packaging & Services segment include mandatory redemption by the Company, in cash, of the noncontrolling interest holders’ equity at a formulaic price after the expiration of a lockout period specific to each noncontrolling interest holder. The redemption features cause the interest to be classified as a mandatorily redeemable instrument under the accounting guidance and included at the current redemption value each period in long-term or short-term liabilities of the Company, as applicable. The impact of marking to redemption value at each period end is recorded in interest expense. During the second quarter of 2016, the Company purchased the interest of one of the mandatorily redeemable noncontrolling interest holders that notified the Company of the exercise of its option requiring the Company to purchase its equity for the redemption price of $0.8 million. One remaining partner has the ability to require the Company to redeem its equity in 2017 and the Company has a contractual obligation to redeem the outstanding equity interests of each remaining partner in 2021 and 2022, respectively, and therefore, such redemption values of $9.4 million are included in other long-term liabilities in these condensed consolidated financial statements. The following table provides the rollforward of the mandatorily redeemable noncontrolling interest for the six months ended April 30, 2016 (Dollars in millions): Mandatorily Balance as of October 31, 2015 $ — Reclassification of book value of noncontrolling interest 10.4 Out-of period reversal of cumulative income allocated to noncontrolling interest (1.2 ) Out-of period mark to redemption value 0.1 Current period mark to redemption value 0.9 Repurchase of redeemable shareholder interest (0.8 ) Balance as of April 30, 2016 $ 9.4 Redeemable Noncontrolling Interests Redeemable noncontrolling interests related to one joint venture within the Paper Packaging & Services segment and two joint ventures within the Rigid Industrial Packaging & Services segment are held by the respective noncontrolling interest owners. The holders of these interests share in the profits and losses of these entities on a pro rata basis with the Company. However, the noncontrolling interest owners have the right to put all or a portion of those noncontrolling interests to the Company at a formulaic price after a set period of time, specific to each agreement. Redeemable noncontrolling interests are reflected in the condensed consolidated balance sheets at redemption value. The following table provides the rollforward of the redeemable noncontrolling interest for the six months ended April 30, 2016 (Dollars in millions): Redeemable Balance as of October 31, 2015 $ — Reclassification of book value of noncontrolling interest 12.4 Out-of period mark to redemption value* 19.8 Current period mark to redemption value 2.0 Redeemable Noncontrolling Interest share of Income/(Loss) and other 2.4 Contributions from /(Dividends to) redeemable noncontolling interest and other (1.2 ) Balance as of April 30, 2016 $ 35.4 * The out-of-period mark to redemption value amounts were charged to retained earnings in the first quarter of 2016. In the first quarter of 2016, one of the redeemable noncontrolling interest holders notified the Company of the intention to exercise its option to require the Company to purchase its equity interest. The redemption price for that equity interest is $5.8 million and is reflected currently in redeemable noncontrolling interests in the condensed consolidated financial statements and is expected to be paid in the third quarter 2016.

Basis of Presentation and Sum25

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Apr. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The condensed consolidated financial statements have been prepared in accordance with the U.S. Securities and Exchange Commission (“SEC”) instructions to Quarterly Reports on Form 10-Q The Company’s fiscal year begins on November 1 and ends on October 31 of the following year. Any references to the year 2016 or 2015, or to any quarter of those years, relates to the fiscal year or quarter, as the case may be, ended in that year. The information furnished herein reflects all adjustments which are, in the opinion of management, necessary for a fair presentation of the condensed consolidated balance sheets as of April 30, 2016 and October 31, 2015, the condensed consolidated statements of income and comprehensive income (loss) for the three and six months ended April 30, 2016 and 2015 and the condensed consolidated statements of cash flows for the six month periods ended April 30, 2016 and 2015 of Greif, Inc. and its subsidiaries (the “Company”). The condensed consolidated financial statements include the accounts of Greif, Inc., all wholly-owned and consolidated subsidiaries and investments in limited liability companies, partnerships and joint ventures in which it has controlling influence or is the primary beneficiary. Non-majority owned entities include investments in limited liability companies, partnerships and joint ventures in which the Company does not have controlling influence and are accounted for using either the equity or cost method, as appropriate. The unaudited condensed consolidated financial statements included in the Quarterly Report on Form 10-Q “Form 10-Q”) Form 10-K Form 10-K”).
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).” 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 (loss), cash flows, 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 (loss), cash flows and disclosures. In August 2014, the FASB issued ASU 2014-15, “Presentation of Financial Statements-Going Concern: Disclosure of Uncertainties about an Entity’s Ability to Continue as Going Concern.” The objective of this update is to reduce the diversity in the timing and content of footnote disclosures related to going concern. The amendments require management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. This update applies to all entities that would be required to disclose information about their potential inability to continue as a going concern when “substantial doubt” about their ability to continue as a going concern exists. The Company will be required to evaluate “relevant conditions and events that are known and reasonably knowable at the date that the financial statements are issued.” The Company will have to document its consideration of this ASU, but not because the Company believes there is substantial doubt about its ability to continue as a going concern. The Company is expected to adopt this guidance beginning November 1, 2017, and the adoption of the new guidance is not expected to impact the Company’s financial position, results of operations, comprehensive income (loss) or cash flows, other than the related disclosures. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842),” which amends the lease accounting and disclosure requirements in ASC 842, Leases. The objective of this update is to increase transparency and comparability among organizations recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about lease arrangements. This ASU will require the recognition of lease assets and lease liabilities for those leases classified as operating leases under previous GAAP. The update is effective in fiscal year 2020 using a modified retrospective approach. The Company is in the process of determining the potential impact of adopting this guidance on its financial position, results of operations, comprehensive income (loss), cash flows and disclosures. In March 2016, the FASB issued ASU 2016-09,
Newly Adopted Accounting Standards	Newly Adopted Accounting Standards In November 2015, the FASB issued ASU 2015-17,

Sale of Non-United States Acc26

Sale of Non-United States Accounts Receivable (Tables)	6 Months Ended
	Apr. 30, 2016
Receivables [Abstract]
Company's Accounts Receivables Programs	The table below contains certain information related to the Company’s accounts receivables programs (Dollars in millions): Three months Six months ended 2016 2015 2016 2015 European RPA Gross accounts receivable sold to third party financial institution $ 162.3 $ 195.2 $ 303.3 $ 386.7 Cash received for accounts receivable sold under the programs 143.5 173.0 268.5 342.4 Deferred purchase price related to accounts receivable sold 18.6 22.2 34.4 44.3 Loss associated with the programs 0.2 0.4 0.5 0.9 Expenses associated with the programs — — — — Singapore RPA Gross accounts receivable sold to third party financial institution $ 10.4 $ 12.8 $ 21.1 $ 24.4 Cash received for accounts receivable sold under the program 10.4 12.8 21.1 24.4 Deferred purchase price related to accounts receivable sold — — — — Loss associated with the program — — — — Expenses associated with the program — — — — Total RPAs Gross accounts receivable sold to third party financial institution $ 172.7 $ 208.0 $ 324.4 $ 411.1 Cash received for accounts receivable sold under the program 153.9 185.8 289.6 366.8 Deferred purchase price related to accounts receivable sold 18.6 22.2 34.4 44.3 Loss associated with the program 0.2 0.4 0.5 0.9 Expenses associated with the program — — — — 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): April 30, October 31, European RPA Accounts receivable sold to and held by third party financial institution $ 118.4 $ 114.8 Uncollected deferred purchase price related to accounts receivable sold 20.9 — Deferred purchase price liability related to accounts receivable sold — (1.5 ) Singapore RPA Accounts receivable sold to and held by third party financial institution $ 4.1 $ 4.0 Uncollected deferred purchase price related to accounts receivable sold — — Total RPAs Accounts receivable sold to and held by third party financial institution $ 122.5 $ 118.8 Uncollected deferred purchase price related to accounts receivable sold 20.9 — Deferred purchase price liability related to accounts receivable sold — (1.5 )

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Apr. 30, 2016
Inventory Disclosure [Abstract]
Summarization of Inventories	Inventories are stated at the lower of cost or market and are summarized as follows (Dollars in millions): April 30, October 31, Finished Goods $ 91.1 $ 88.0 Raw materials 185.6 190.7 Work-in-process 13.6 18.3 $ 290.3 $ 297.0

Assets and Liabilities Held f28

Assets and Liabilities Held for Sale and Disposals of Properties, Plants and Equipment, Net,and Timberland and Gains (Tables)	6 Months Ended
	Apr. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Summary of Assets and Liabilities Classified as Held For Sale	The following table presents assets and liabilities classified as held for sale as of April 30, 2016 and October 31, 2015 (Dollars in millions): April 30, October 31, Cash and cash equivalents $ 0.5 $ — Trade accounts receivable, less allowance 1.7 2.3 Inventories 1.6 1.6 Properties, plants and equipment, net 5.2 8.1 Other assets 0.3 4.9 Assets held for sale 9.3 16.9 Accounts payable 0.7 1.8 Other liabilities 0.3 — Liabilities held for sale 1.0 1.8

Goodwill and Other Intangible29

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Apr. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Changes in Carrying Amount of Goodwill by Segment	The following table summarizes the changes in the carrying amount of goodwill by segment for the six month period ended April 30, 2016 (Dollars in millions): Rigid Paper Total Balance at October 31, 2015 $ 747.6 $ 59.5 $ 807.1 Goodwill acquired — — — Goodwill allocated to divestitures and businesses held for sale (1) 3.4 — 3.4 Goodwill adjustments — — — Goodwill Impairment charge (21.0 ) (21.0 ) Currency translation 9.3 — 9.3 Balance at April 30, 2016 $ 739.3 $ 59.5 $ 798.8 (1) Goodwill previously allocated to divestitures and businesses held for sale that was impaired during the first quarter of 2016.
Summary of Carrying Amount of Net Other Intangible Assets by Class	The following table summarizes the carrying amount of net other intangible assets by class as of April 30, 2016 and October 31, 2015 (Dollars in millions): Gross Accumulated Net April 30, 2016: Indefinite lived: Trademarks and patents $ 13.2 $ — $ 13.2 Definite lived: Customer relationships 179.9 86.6 93.3 Trademarks and patents 12.3 4.4 7.9 Non-compete agreements 1.9 1.7 0.2 Other 24.5 13.4 11.1 Total $ 231.8 $ 106.1 $ 125.7 October 31, 2015: Indefinite lived: Trademarks and patents $ 13.1 $ — $ 13.1 Definite lived: Customer relationships 180.7 81.7 99.0 Trademarks and patents 12.4 4.2 8.2 Non-compete agreements 4.9 4.5 0.4 Other 24.2 12.2 12.0 Total $ 235.3 $ 102.6 $ 132.7

Restructuring Charges (Tables)

Restructuring Charges (Tables)	6 Months Ended
	Apr. 30, 2016
Restructuring and Related Activities [Abstract]
Reconciliation of Beginning and Ending Restructuring Reserve Balances	The following is a reconciliation of the beginning and ending restructuring reserve balances for the six month period ended April 30, 2016 (Dollars in millions): Employee Other Total Balance at October 31, 2015 $ 14.7 $ 6.6 $ 21.3 Costs incurred and charged to expense 5.3 2.4 7.7 Costs paid or otherwise settled (10.7 ) (5.6 ) (16.3 ) Balance at April 30, 2016 $ 9.3 $ 3.4 $ 12.7
Reconciliation of Total Amounts Expected to be Incurred from Open Restructuring Plans Anticipated to be Realized	The following is a reconciliation of the total amounts expected to be incurred from approved restructuring plans or plans that are being formulated and have not been announced as of the date of this Form 10-Q. Total Amounts expensed Amounts Rigid Industrial Packaging & Services Employee separation costs $ 11.2 $ 3.0 $ 8.2 Other restructuring costs 3.9 1.3 2.6 15.1 4.3 10.8 Flexible Products & Services Employee separation costs 4.8 2.3 2.5 Other restructuring costs 1.4 1.1 0.3 6.2 3.4 2.8 Paper Packaging & Services Employee separation costs — — — Other restructuring costs 0.6 — 0.6 0.6 — 0.6 $ 21.9 $ 7.7 $ 14.2

Consolidation of Variable Int31

Consolidation of Variable Interest Entities (Tables)	6 Months Ended
	Apr. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Total Net Assets of Flexible Packaging JV	The following table presents the Flexible Packaging JV total net assets (Dollars in millions): April 30, October 31, Cash and cash equivalents $ 10.0 $ 14.5 Trade accounts receivable, less allowance of $3.0 in 2016 and $3.2 in 2015 48.9 47.5 Inventories 38.5 44.7 Properties, plants and equipment, net 41.2 43.1 Other assets 41.1 36.8 Total Assets 179.7 186.6 Accounts payable 29.5 27.9 Other liabilities 51.6 50.6 Total Liabilities 81.1 78.5

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Apr. 30, 2016
Debt Disclosure [Abstract]
Summary of Long-Term Debt	Long-term debt is summarized as follows (Dollars in millions): April 30, October 31, Amended Credit Agreement $ 193.7 $ 217.4 Senior Notes due 2017 300.4 300.7 Senior Notes due 2019 246.9 246.0 Senior Notes due 2021 224.5 219.4 Amended Receivables Facility 126.3 147.6 Other debt 2.9 15.8 1,094.7 1,146.9 Less current portion (317.7 ) (30.7 ) Long-term debt $ 777.0 $ 1,116.2

Financial Instruments and Fai33

Financial Instruments and Fair Value Measurements (Tables)	6 Months Ended
	Apr. 30, 2016
Fair Value Disclosures [Abstract]
Recurring Fair Value Measurements	The following table presents the fair value for those assets and (liabilities) measured on a recurring basis as of April 30, 2016 and October 31, 2015 (Dollars in millions): April 30, 2016 Fair Value Measurement Level 1 Level 2 Level 3 Total Balance sheet Location Foreign exchange hedges $ — $ 0.1 $ — $ 0.1 Prepaid expenses and other current assets Foreign exchange hedges — (0.2 ) — (0.2 ) Other current liabilities Insurance annuity** — — 20.6 20.6 Other long-term assets Total* $ — $ (0.1 ) $ 20.6 $ 20.5 October 31, 2015 Fair Value Measurement Level 1 Level 2 Level 3 Total Balance sheet Location Foreign exchange hedges $ — $ 0.3 $ — $ 0.3 Prepaid expenses and other current assets Foreign exchange hedges — (0.2 ) — (0.2 ) Other current liabilities Insurance annuity** — — 20.1 20.1 Other long-term assets Total* $ — $ 0.1 $ 20.1 $ 20.2 * The carrying amounts of cash and cash equivalents, trade accounts receivable, accounts payable, current liabilities and short-term borrowings as of April 30, 2016 and October 31, 2015 approximate their fair values because of the short-term nature of these items and are not included in this table. ** The change in fair value of the insurance annuity is primarily due to changes in foreign currency exchange rates.
Estimated Fair Values for the Company's Senior Notes and Assets Held by Special Purpose Entities	The following table presents the estimated fair values of the Company’s senior notes and the assets held by special purpose entities (Dollars in millions): April 31, October 31, Senior Notes due 2017 Estimated fair value $ 311.3 $ 314.8 Senior Notes due 2019 Estimated fair value 282.5 280.6 Senior Notes due 2021 Estimated fair value 265.0 258.7 Assets held by special purpose entities Estimated fair value 54.7 54.4
Summary of Quantitative about Significant Unobservable Inputs Used to Determine Fair Value of Impairment of Long-Lived Assets Held and Used and Net Assets Held for Sale	The following table presents quantitative information about the significant unobservable inputs used to determine the fair value of the impairment of long-lived assets held and used and net assets held for sale for the six months ended April 30, 2016. Quantitative Information about Level 3 Fair Value Measurements Fair Value of Valuation Unobservable Range of (in millions) April 30, 2016 Impairment of Net Assets Held for Sale $ 34.7 Broker Quote/ Indicative Bids N/A Impairment of Long Lived Assets $ 6.1 Sales Value Sales Value N/A April 30, 2015 Impairment of Net Assets Held for Sale $ 2.7 Broker Quote/ Indicative Bids N/A Impairment of Long Lived Assets $ 1.5 Sales Value Sales Value N/A

Post Retirement Benefit Plans (

Post Retirement Benefit Plans (Tables)	6 Months Ended
	Apr. 30, 2016
Postemployment Benefits [Abstract]
Components of Net Periodic Pension Cost	The components of net periodic pension cost include the following (Dollars in millions): Three months Six months ended 2016 2015 2016 2015 Service cost $ 3.1 $ 4.2 $ 6.2 $ 8.3 Interest cost 5.6 7.1 11.2 14.2 Expected return on plan assets (8.3 ) (8.5 ) (16.6 ) (16.9 ) Amortization of prior service cost, initial net asset and net actuarial gain 2.9 3.6 5.8 7.3 Net periodic pension costs $ 3.3 $ 6.4 $ 6.6 $ 12.9
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 Six months 2016 2015 2016 2015 Service cost $ — $ — $ — $ — Interest cost 0.1 0.2 0.2 0.4 Amortization of prior service cost and recognized actuarial gain (0.4 ) (0.4 ) (0.8 ) (0.8 ) Net periodic benefit for postretirement benefits $ (0.3 ) $ (0.2 ) $ (0.6 ) $ (0.4 )

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Apr. 30, 2016
Earnings Per Share [Abstract]
Computation of Class Based Basic and Diluted Earnings Per Share	The Company calculates EPS as follows: Basic Class A EPS = 40% * Average Class A Shares Outstanding * Undistributed Net Income + Class A Dividends Per Share 40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding Average Class A Shares Diluted Class A EPS = 40% * Average Class A Shares Outstanding * Undistributed Net Income + Class A Dividends Per Share 40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding Average Diluted Class A 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 * 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 Six months ended 2016 2015 2016 2015 Numerator for basic and diluted EPS Net income attributable to Greif, Inc. $ 31.4 $ 20.8 $ 20.3 $ 50.9 Cash dividends (24.8 ) (24.7 ) (49.3 ) (49.2 ) Undistributed net (loss) income attributable to Greif, Inc. $ 6.6 $ (3.9 ) $ (29.0 ) $ 1.7
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 Issued Outstanding Treasury April 30, 2016: Class A Common Stock 128,000,000 42,281,920 25,776,791 16,505,129 Class B Common Stock 69,120,000 34,560,000 22,009,725 12,550,275 October 31, 2015: Class A Common Stock 128,000,000 42,281,920 25,693,564 16,588,356 Class B Common Stock 69,120,000 34,560,000 22,119,966 12,440,034
Reconciliation of Shares Used to Calculate Basic and Diluted Earnings Per Share	The following is a reconciliation of the shares used to calculate basic and diluted earnings per share: Three months ended April 30, Six months ended April 30, 2016 2015 2016 2015 Class A Common Stock: Basic shares 25,761,733 25,678,393 25,729,623 25,643,139 Assumed conversion of stock options 4,876 10,260 4,301 9,657 Diluted shares 25,766,609 25,688,653 25,733,924 25,652,796 Class B Common Stock: Basic and diluted shares 22,108,942 22,119,966 22,114,454 22,119,966

Equity and Comprehensive Inco36

Equity and Comprehensive Income (Loss) (Tables)	6 Months Ended
	Apr. 30, 2016
Equity [Abstract]
Summary of Changes in Equity	The following table summarizes the changes of equity from October 31, 2015 to April 30, 2016 (Dollars in millions, shares in thousands): Capital Stock Treasury Stock Retained Accumulated Greif, Non Total Common Amount Treasury Amount As of October 31, 2015 47,814 $ 139.1 29,028 $ (130.6 ) $ 1,384.5 $ (377.4 ) $ 1,015.6 $ 44.3 $ 1,059.9 Net income 20.3 20.3 2.3 22.6 Other comprehensive income (loss): - foreign currency translation 18.6 18.6 (0.6 ) 18.0 - minimum pension liability adjustment, net of income tax expense 0.6 0.6 0.6 Comprehensive income (loss) 39.5 41.2 Out of period mark to redemption value of redeemable noncontrolling interest (19.8 ) (19.8 ) (19.8 ) Current period mark to redemption value of redeemable noncontrolling interest (2.0 ) (2.0 ) (2.0 ) Reclassification of redeemable noncontrolling interest 1.2 1.2 (22.8 ) (21.6 ) Net income allocated to redeemable noncontrolling interests (2.4 ) (2.4 ) Other — (0.3 ) (0.3 ) Dividends paid to Greif, Inc. shareholders (49.3 ) (49.3 ) (49.3 ) Dividends to noncontrolling interests (2.2 ) (2.2 ) Treasury shares acquired (110 ) 110 (5.2 ) (5.2 ) (5.2 ) Restricted stock executives and directors 42 1.0 (42 ) 0.1 1.1 1.1 Long-term incentive shares issued 41 1.0 (41 ) 0.1 1.1 1.1 As of April 30, 2016 47,787 $ 141.1 29,055 $ (135.6 ) $ 1,334.9 $ (358.2 ) $ 982.2 $ 18.3 $ 1,000.5 The following table summarizes the changes of equity from October 31, 2014 to April 30, 2015 (Dollars in millions, shares in thousands): Capital Stock Treasury Stock Retained Accumulated Greif, Non Total Common Amount Treasury Amount As of October 31, 2014 47,724 $ 135.5 29,118 $ (130.7 ) $ 1,411.7 $ (274.4 ) $ 1,142.1 $ 81.1 $ 1,223.2 Net income 50.9 50.9 (2.2 ) 48.7 Other comprehensive income (loss): - foreign currency translation (91.2 ) (91.2 ) (23.9 ) (115.1 ) - Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit 0.1 0.1 0.1 - minimum pension liability adjustment, net of income tax benefit of $2.4 million 6.4 6.4 6.4 Comprehensive income (loss) (33.8 ) (59.9 ) Acquisition of noncontrolling interest and other (0.4 ) (0.4 ) (13.4 ) (13.8 ) Dividends paid to Greif, Inc. shareholders (49.2 ) (49.2 ) (49.2 ) Stock options exercised 10 0.2 (10 ) — 0.2 0.2 Restricted stock executives and directors 26 1.1 (26 ) — 1.1 1.1 Long-term incentive shares issued 49 2.0 (49 ) 0.1 2.1 2.1 As of April 30, 2015 47,809 $ 138.8 29,033 $ (130.6 ) $ 1,413.0 $ (359.1 ) $ 1,062.1 $ 41.6 $ 1,103.7
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table provides the rollforward of accumulated other comprehensive income (loss) for the six months ended April 30, 2016 (Dollars in millions): Foreign Minimum Accumulated Balance as of October 31, 2015 $ (256.6 ) $ (120.8 ) $ (377.4 ) Other Comprehensive Income Before Reclassifications 18.6 0.6 19.2 Current-period Other Comprehensive Income 18.6 0.6 19.2 Balance as of April 30, 2016 $ (238.0 ) $ (120.2 ) $ (358.2 ) The following table provides the rollforward of accumulated other comprehensive income (loss) for the six months ended April 30, 2015 (Dollars in millions): Foreign Cash Minimum Accumulated Balance as of October 31, 2014 $ (144.5 ) $ (0.1 ) $ (129.8 ) $ (274.4 ) Other Comprehensive Income (Loss) Before Reclassifications (91.2 ) — 6.4 (84.8 ) Amounts reclassified from Accumulated Other Comprehensive Loss — 0.1 — 0.1 Current-period Other Comprehensive Income (Loss) (91.2 ) 0.1 6.4 (84.7 ) Balance as of April 30, 2015 $ (235.7 ) $ — $ (123.4 ) $ (359.1 )

Business Segment Information (T

Business Segment Information (Tables)	6 Months Ended
	Apr. 30, 2016
Segment Reporting [Abstract]
Segment Information	The following segment information is presented for the periods indicated (Dollars in millions): Three months Six months ended 2016 2015 2016 2015 Net sales Rigid Industrial Packaging & Services $ 589.6 $ 666.6 $ 1,124.5 $ 1,316.3 Paper Packaging & Services 167.2 160.4 325.6 319.6 Flexible Products & Services 76.2 82.0 149.1 170.1 Land Management 6.6 6.9 11.8 12.2 Total net sales $ 839.6 $ 915.9 $ 1,611.0 $ 1,818.2 Operating profit (loss): Rigid Industrial Packaging & Services $ 59.2 $ 25.8 $ 56.6 $ 46.0 Paper Packaging & Services 24.2 27.1 45.4 55.2 Flexible Products & Services (2.9 ) (5.3 ) (6.0 ) (14.1 ) Land Management 2.3 3.5 4.4 29.4 Total operating profit $ 82.8 $ 51.1 $ 100.4 $ 116.5 Depreciation, depletion and amortization expense: Rigid Industrial Packaging & Services $ 21.1 $ 24.2 $ 42.9 $ 48.4 Paper Packaging & Services 7.9 7.3 15.6 14.7 Flexible Products & Services 2.0 2.1 4.1 4.4 Land Management 1.0 1.1 1.7 1.8 Total depreciation, depletion and amortization expense $ 32.0 $ 34.7 $ 64.3 $ 69.3
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 Six months ended 2016 2015 2016 2015 Net sales: United States $ 406.3 $ 428.2 $ 778.7 $ 838.2 Europe, Middle East and Africa 310.8 322.8 587.0 642.2 Asia Pacific and other Americas 122.5 164.9 245.3 337.8 Total net sales $ 839.6 $ 915.9 $ 1,611.0 $ 1,818.2
Properties, Plants and Equipment, Net by Geographical Area	The following table presents total assets by segment and total properties plants, and equipment, net by geographic area (Dollars in millions): April 30, October 31, Assets: Rigid Industrial Packaging & Services $ 1,991.9 $ 2,043.3 Paper Packaging & Services 444.8 444.0 Flexible Products & Services 184.4 187.0 Land Management 338.1 335.2 Total segments 2,959.2 3,009.5 Corporate and other 248.0 306.2 Total assets $ 3,207.2 $ 3,315.7 Properties, plants and equipment, net: United States $ 719.6 $ 734.1 Europe, Middle East and Africa 338.0 335.4 Asia Pacific and other Americas 140.4 148.2 Total properties, plants and equipment, net $ 1,198.0 $ 1,217.7

Redeemable Noncontrolling Int38

Redeemable Noncontrolling Interests (Tables)	6 Months Ended
	Apr. 30, 2016
Rollforward of Redeemable Noncontrolling Interest	The following table provides the rollforward of the redeemable noncontrolling interest for the six months ended April 30, 2016 (Dollars in millions): Redeemable Balance as of October 31, 2015 $ — Reclassification of book value of noncontrolling interest 12.4 Out-of period mark to redemption value* 19.8 Current period mark to redemption value 2.0 Redeemable Noncontrolling Interest share of Income/(Loss) and other 2.4 Contributions from /(Dividends to) redeemable noncontolling interest and other (1.2 ) Balance as of April 30, 2016 $ 35.4 * The out-of-period mark to redemption value amounts were charged to retained earnings in the first quarter of 2016.
Container Life Cycle Management LLC [Member]
Rollforward of Redeemable Noncontrolling Interest	The following table provides the rollforward of the mandatorily redeemable noncontrolling interest for the six months ended April 30, 2016 (Dollars in millions): Mandatorily Balance as of October 31, 2015 $ — Reclassification of book value of noncontrolling interest 10.4 Out-of period reversal of cumulative income allocated to noncontrolling interest (1.2 ) Out-of period mark to redemption value 0.1 Current period mark to redemption value 0.9 Repurchase of redeemable shareholder interest (0.8 ) Balance as of April 30, 2016 $ 9.4

Acquisitions and Divestitures -

Acquisitions and Divestitures - Additional Information (Detail) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2016USD ($)Divestiture	Apr. 30, 2015USD ($)	Apr. 30, 2016USD ($)AcquisitionDivestiture	Apr. 30, 2015USD ($)AcquisitionDivestiture
Business Acquisition [Line Items]
Number of divestitures | Divestiture			3	7
Number of acquisitions | Acquisition			0	0
Gain (loss) on divestitures	$ 2.8	$ (10.4)	$ 2.8	$ (9.6)
Proceeds from divestitures			23.6	$ 12.5
Notes receivables related to sale of business	$ 4.4		$ 4.4
Terms related to sale of business			Six months to seventeen months
2015 Divestitures [Member]
Business Acquisition [Line Items]
Proceeds from divestitures			$ 0.9
2016 Divestitures [Member]
Business Acquisition [Line Items]
Number of divestitures | Divestiture	2
Notes receivables related to sale of business	$ 2.4		$ 2.4
Rigid Industrial Packaging & Services [Member]
Business Acquisition [Line Items]
Number of divestitures | Divestiture				5
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)	Oct. 31, 2015USD ($)	Apr. 30, 2016USD ($)	Apr. 30, 2016EUR (€)	Apr. 30, 2016SGD
Finance Receivable Transferred To Held For Sale [Line Items]
Minimum percentage of eligible receivables related with bank funds initial purchase price		75.00%
Maximum percentage of eligible receivables related with bank funds initial purchase price		90.00%
Singapore RPA [Member]
Finance Receivable Transferred To Held For Sale [Line Items]
Financing receivable maximum amount under receivable purchase agreement		$ 11,100,000		SGD 15,000,000
European RPA [Member]
Finance Receivable Transferred To Held For Sale [Line Items]
Financing receivable maximum amount under receivable purchase agreement		$ 113,200,000	€ 100,000,000
Purchasing Bank Affiliate [Member]
Finance Receivable Transferred To Held For Sale [Line Items]
Excess cash loaned back in exchange for subordinated note receivable	$ 44,200,000

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		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015	Oct. 31, 2015
European RPA [Member]
Finance Receivable Transferred To Held For Sale [Line Items]
Gross accounts receivable sold to third party financial institution	$ 162.3	$ 195.2	$ 303.3	$ 386.7
Cash received for accounts receivable sold under the program	143.5	173	268.5	342.4
Deferred purchase price related to accounts receivable sold	18.6	22.2	34.4	44.3
Loss associated with the program	0.2	0.4	0.5	0.9
Expenses associated with the program	0	0	0	0
Accounts receivable sold to and held by third party financial institution	118.4		118.4		$ 114.8
Uncollected deferred purchase price related to accounts receivable sold	20.9		20.9
Deferred purchase price liability related to accounts receivable sold					(1.5)
Singapore RPA [Member]
Finance Receivable Transferred To Held For Sale [Line Items]
Gross accounts receivable sold to third party financial institution	10.4	12.8	21.1	24.4
Cash received for accounts receivable sold under the program	10.4	12.8	21.1	24.4
Expenses associated with the program	0	0	0	0
Accounts receivable sold to and held by third party financial institution	4.1		4.1		4
Total RPAs and Agreements [Member]
Finance Receivable Transferred To Held For Sale [Line Items]
Gross accounts receivable sold to third party financial institution	172.7	208	324.4	411.1
Cash received for accounts receivable sold under the program	153.9	185.8	289.6	366.8
Deferred purchase price related to accounts receivable sold	18.6	22.2	34.4	44.3
Loss associated with the program	0.2	0.4	0.5	0.9
Expenses associated with the program	0	$ 0	0	$ 0
Accounts receivable sold to and held by third party financial institution	122.5		122.5		118.8
Uncollected deferred purchase price related to accounts receivable sold	$ 20.9		$ 20.9
Deferred purchase price liability related to accounts receivable sold					$ (1.5)

Inventories - Summarization of

Inventories - Summarization of Inventories (Detail) - USD ($) $ in Millions	Apr. 30, 2016	Oct. 31, 2015
Inventory Disclosure [Abstract]
Finished Goods	$ 91.1	$ 88
Raw materials	185.6	190.7
Work-in-process	13.6	18.3
Inventories, Net	$ 290.3	$ 297

Assets and Liabilities Held f43

Assets and Liabilities Held for Sale and Disposals of Properties, Plants and Equipment, Net, and Timberland and Gains - Summary of Assets and Liabilities Classified as Held For Sale (Detail) - USD ($) $ in Millions	Apr. 30, 2016	Oct. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]
Cash and cash equivalents	$ 0.5
Trade accounts receivable, less allowance	1.7	$ 2.3
Inventories	1.6	1.6
Properties, plants and equipment, net	5.2	8.1
Other assets	0.3	4.9
Assets held for sale	9.3	16.9
Accounts payable	0.7	1.8
Other liabilities	0.3
Liabilities held for sale	$ 1	$ 1.8

Assets and Liabilities Held f44

Assets and Liabilities Held for Sale and Disposals of Properties, Plants and Equipment, Net, and Timberland and Gains - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Apr. 30, 2016USD ($)Assets	Apr. 30, 2015USD ($)	Apr. 30, 2016USD ($)Assets	Apr. 30, 2015USD ($)	Oct. 31, 2015Assets
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net	$ 7,900,000	$ 700,000	$ 8,800,000	$ 2,300,000
Timberland gains	0	24,300,000	0	24,300,000
Other Net Gains [Member]
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net	$ 500,000	200,000	$ 700,000	100,000
Rigid Industrial Packaging & Services [Member]
Long Lived Assets Held-for-sale [Line Items]
Number of assets group with assets and liabilities held for sale | Assets	2		2		4
Gain (loss) on disposals of properties, plants and equipment, net	$ 6,400,000		$ 6,400,000	900,000
Flexible Products & Services [Member]
Long Lived Assets Held-for-sale [Line Items]
Number of assets group with assets and liabilities held for sale | Assets	2		2		1
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	$ 800,000		$ 900,000
Land Management [Member]
Long Lived Assets Held-for-sale [Line Items]
Gain (loss) on disposals of properties, plants and equipment, net	$ 200,000	$ 900,000	$ 800,000	$ 1,300,000

Goodwill and Other Intangible45

Goodwill and Other Intangible Assets - Summary of Changes in Carrying Amount of Goodwill by Segment (Detail) $ in Millions	6 Months Ended
	Apr. 30, 2016USD ($)
Goodwill [Line Items]
Goodwill beginning balance	$ 807.1
Goodwill acquired	0
Goodwill allocated to divestitures and businesses held for sale	3.4
Goodwill adjustments	0
Goodwill Impairment charge	(21)
Currency translation	9.3
Goodwill ending balance	798.8
Rigid Industrial Packaging & Services [Member]
Goodwill [Line Items]
Goodwill beginning balance	747.6
Goodwill acquired	0
Goodwill allocated to divestitures and businesses held for sale	3.4
Goodwill adjustments	0
Goodwill Impairment charge	(21)
Currency translation	9.3
Goodwill ending balance	739.3
Paper Packaging & Services [Member]
Goodwill [Line Items]
Goodwill beginning balance	59.5
Goodwill acquired	0
Goodwill adjustments	0
Goodwill ending balance	$ 59.5

Goodwill and Other Intangible46

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015	Oct. 31, 2015
Goodwill And Other Intangible Assets [Line Items]
Amortization expense	$ 4.3	$ 4.6	$ 8.5	$ 9.4
Future amortization expense, 2016	16.8		16.8
Future amortization expense, 2017	16.1		16.1
Future amortization expense, 2018	15.7		15.7
Future amortization expense, 2019	15.6		15.6
Future amortization expense, 2020	15.1		15.1
Flexible Products & Services [Member]
Goodwill And Other Intangible Assets [Line Items]
Accumulated goodwill impairment loss	$ 50.3		$ 50.3		$ 50.3

Goodwill and Other Intangible47

Goodwill and Other Intangible Assets - Summary of Carrying Amount of Net Other Intangible Assets by Class (Detail) - USD ($) $ in Millions	Apr. 30, 2016	Oct. 31, 2015
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	$ 231.8	$ 235.3
Accumulated Amortization	106.1	102.6
Net Intangible Assets	125.7	132.7
Trademarks and Patents [Member]
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Indefinite Lived Intangible Assets	13.2	13.1
Customer Relationships [Member]
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	179.9	180.7
Accumulated Amortization	86.6	81.7
Net Intangible Assets	93.3	99
Trademarks and Patents [Member]
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	12.3	12.4
Accumulated Amortization	4.4	4.2
Net Intangible Assets	7.9	8.2
Non-Compete Agreements [Member]
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	1.9	4.9
Accumulated Amortization	1.7	4.5
Net Intangible Assets	0.2	0.4
Other Intangible [Member]
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Gross Intangible Assets	24.5	24.2
Accumulated Amortization	13.4	12.2
Net Intangible Assets	$ 11.1	$ 12

Restructuring Charges - Reconci

Restructuring Charges - Reconciliation of Beginning and Ending Restructuring Reserve Balances (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Restructuring Cost and Reserve [Line Items]
Beginning balance			$ 21.3
Costs incurred and charged to expense	$ 5.4	$ 7.3	7.7	$ 10.5
Costs paid or otherwise settled			(16.3)
Ending balance	12.7		12.7
Employee Separation Costs [Member]
Restructuring Cost and Reserve [Line Items]
Beginning balance			14.7
Costs incurred and charged to expense	4.3		5.3
Costs paid or otherwise settled			(10.7)
Ending balance	9.3		9.3
Other Restructuring Costs [Member]
Restructuring Cost and Reserve [Line Items]
Beginning balance			6.6
Costs incurred and charged to expense	1.1		2.4
Costs paid or otherwise settled			(5.6)
Ending balance	$ 3.4		$ 3.4

Restructuring Charges - Additio

Restructuring Charges - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015	Oct. 31, 2015
Restructuring and Related Cost [Abstract]
Restructuring charges	$ 5.4	$ 7.3	$ 7.7	$ 10.5
Amounts remaining to be incurred	14.2		14.2		$ 14.7
Employee Separation Costs [Member]
Restructuring and Related Cost [Abstract]
Restructuring charges	4.3		5.3
Other Restructuring Costs [Member]
Restructuring and Related Cost [Abstract]
Restructuring charges	$ 1.1		$ 2.4

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		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015	Oct. 31, 2015
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	$ 21.9		$ 21.9
Restructuring charges	5.4	$ 7.3	7.7	$ 10.5
Amounts remaining to be incurred	14.2		14.2		$ 14.7
Employee Separation Costs [Member]
Restructuring and Related Cost [Abstract]
Restructuring charges	4.3		5.3
Other Restructuring Costs [Member]
Restructuring and Related Cost [Abstract]
Restructuring charges	1.1		2.4
Rigid Industrial Packaging & Services [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	15.1		15.1
Restructuring charges			4.3
Amounts remaining to be incurred	10.8		10.8
Rigid Industrial Packaging & Services [Member] | Employee Separation Costs [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	11.2		11.2
Restructuring charges			3
Amounts remaining to be incurred	8.2		8.2
Rigid Industrial Packaging & Services [Member] | Other Restructuring Costs [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	3.9		3.9
Restructuring charges			1.3
Amounts remaining to be incurred	2.6		2.6
Flexible Products & Services [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	6.2		6.2
Restructuring charges			3.4
Amounts remaining to be incurred	2.8		2.8
Flexible Products & Services [Member] | Employee Separation Costs [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	4.8		4.8
Restructuring charges			2.3
Amounts remaining to be incurred	2.5		2.5
Flexible Products & Services [Member] | Other Restructuring Costs [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	1.4		1.4
Restructuring charges			1.1
Amounts remaining to be incurred	0.3		0.3
Paper Packaging & Services [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	0.6		0.6
Amounts remaining to be incurred	0.6		0.6
Paper Packaging & Services [Member] | Other Restructuring Costs [Member]
Restructuring and Related Cost [Abstract]
Total amounts expected to be incurred	0.6		0.6
Amounts remaining to be incurred	$ 0.6		$ 0.6

Consolidation of Variable Int51

Consolidation of Variable Interest Entities - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015	Oct. 31, 2015
Variable Interest Entity [Line Items]
Restricted bank financial instruments under Buyer SPE	$ 50.9		$ 50.9		$ 50.9
Interest income of Buyer SPE	0.6	$ 0.6	1.2	$ 1.2
Net loss attributable to noncontrolling interests	(1.1)	0.3	(2.3)	2.2
STA Timber [Member]
Variable Interest Entity [Line Items]
Debt instrument, principal outstanding	43.3		43.3		$ 43.3
Interest expense	0.6	0.6	1.2	1.2
Flexible Packaging JV [Member]
Variable Interest Entity [Line Items]
Net loss attributable to noncontrolling interests	$ 1.6	$ 3	$ 2.6	$ 6.3

Consolidation of Variable Int52

Consolidation of Variable Interest Entities - Total Net Assets of Flexible Packaging JV (Detail) - USD ($) $ in Millions	Apr. 30, 2016	Oct. 31, 2015	Apr. 30, 2015	Oct. 31, 2014
Variable Interest Entity [Line Items]
Cash and cash equivalents	$ 89.6	$ 106.2	$ 67.4	$ 85.1
Trade accounts receivable, less allowance of $3.0 in 2016 and $3.2 in 2015	404.8	403.7
Inventories	290.3	297
Properties, plants and equipment, net	1,198	1,217.7
Total Assets	50.9	50.9
Accounts payable	326	355.3
Total Liabilities	43.3	43.3
Flexible Packaging JV [Member]
Variable Interest Entity [Line Items]
Cash and cash equivalents	10	14.5
Trade accounts receivable, less allowance of $3.0 in 2016 and $3.2 in 2015	48.9	47.5
Inventories	38.5	44.7
Properties, plants and equipment, net	41.2	43.1
Other assets	41.1	36.8
Total Assets	179.7	186.6
Accounts payable	29.5	27.9
Other liabilities	51.6	50.6
Total Liabilities	$ 81.1	$ 78.5

Consolidation of Variable Int53

Consolidation of Variable Interest Entities - Total Net Assets of Flexible Packaging JV (Parenthetical) (Detail) - USD ($) $ in Millions	Apr. 30, 2016	Oct. 31, 2015
Variable Interest Entity [Line Items]
Allowance of trade accounts receivable	$ 9.4	$ 11.8
Flexible Packaging JV [Member]
Variable Interest Entity [Line Items]
Allowance of trade accounts receivable	$ 3	$ 3.2

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Detail) - USD ($) $ in Millions	Apr. 30, 2016	Oct. 31, 2015
Debt Instrument [Line Items]
Other debt	$ 2.9	$ 15.8
Total long-term debt	1,094.7	1,146.9
Less current portion	(317.7)	(30.7)
Long-term debt	777	1,116.2
Amended Credit Agreement [Member]
Debt Instrument [Line Items]
Amended Credit Agreement	193.7	217.4
Less current portion	(17.3)
Long-term debt	176.4
Senior Notes Due 2017 [Member]
Debt Instrument [Line Items]
Senior Notes	300.4	300.7
Senior Notes Due 2019 [Member]
Debt Instrument [Line Items]
Senior Notes	246.9	246
Senior Notes Due 2021 [Member]
Debt Instrument [Line Items]
Senior Notes	224.5	219.4
Amended Receivables Facility [Member]
Debt Instrument [Line Items]
Carrying amount of long-term debt	$ 126.3	$ 147.6

Long-Term Debt (Credit Agreemen

Long-Term Debt (Credit Agreement) - Additional Information (Detail)	6 Months Ended
	Apr. 30, 2016USD ($)	Oct. 31, 2015USD ($)	Dec. 19, 2012USD ($)
Debt Instrument [Line Items]
Total borrowing capacity available in line of credit facility	$ 721,400,000
Change in outstanding letter of credit	14,400,000
Current portion	317,700,000	$ 30,700,000
Long-term debt	$ 777,000,000	1,116,200,000
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	$ 193,700,000	$ 217,400,000
Current portion	17,300,000
Long-term debt	$ 176,400,000
Weighted average interest rate on the Amended Credit Agreement	1.98%
Actual interest rate on the Amended Credit Agreement	2.29%

Long-Term Debt (Senior Notes) -

Long-Term Debt (Senior Notes) - Additional Information (Detail)	6 Months Ended
	Apr. 30, 2016	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 ($)	6 Months Ended
	Apr. 30, 2016	Dec. 01, 2015	Sep. 30, 2013
Debt Instrument [Line Items]
Amount borrowed under multi currency credit facility		$ 150,000,000	$ 170,000,000
Maturity date of credit facility	2016-09

Financial Instruments and Fai58

Financial Instruments and Fair Value Measurements - Recurring Fair Value Measurements (Detail) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Millions	Apr. 30, 2016	Oct. 31, 2015
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	$ 20.5	$ 20.2
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	0.1	0.3
Other Current Liabilities [Member] | Foreign Exchange Hedges [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	(0.2)	(0.2)
Insurance Annuity [Member] | Other Long-Term Assets [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	20.6	20.1
Level 2 [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	(0.1)	0.1
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	0.1	0.3
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	(0.2)	(0.2)
Level 3 [Member]
Fair Value Assets Measured On Recurring Basis [Line Items]
Foreign exchange hedges/Insurance annuity	20.6	20.1
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	$ 20.6	$ 20.1

Financial Instruments and Fai59

Financial Instruments and Fair Value Measurements - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Apr. 30, 2016USD ($)Assets	Apr. 30, 2015USD ($)	Apr. 30, 2016USD ($)Assets	Apr. 30, 2015USD ($)	Oct. 31, 2015USD ($)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) recorded under fair value contracts	$ 200,000	$ (1,200,000)	$ (300,000)	$ (6,800,000)
Recognized asset impairment charges	1,700,000	$ 4,500,000	40,800,000	$ 4,700,000
Flexible Products & Services [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized asset impairment charges			800,000
Rigid Industrial Packaging & Services [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized amount of additional impairment related to assets and liabilities held and used			$ 14,000,000
Number of impaired assets held for sale | Assets			1
Goodwill allocated to business classified as held for sale	$ 600,000		$ 11,900,000
Number of asset groups sold | Assets	3
Rigid Industrial Packaging & Services [Member] | Assets Held And Used [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized amount of additional impairment related to assets and liabilities held and used			$ 20,100,000
Number of impaired assets held and used | Assets			2
Goodwill allocated to business classified as held and used			$ 8,500,000
Rigid Industrial Packaging & Services Segment [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized asset impairment charges	$ 1,100,000		3,800,000
Paper Packaging & Services Segment [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized asset impairment charges			1,500,000
Foreign Currency Forward Contracts [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount	$ 119,400,000		$ 119,400,000		$ 129,900,000

Financial Instruments And Fai60

Financial Instruments And Fair Value Measurements - Estimated Fair Values for the Company's Senior Notes and Assets Held by Special Purpose Entities (Detail) - USD ($) $ in Millions	Apr. 30, 2016	Oct. 31, 2015
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	54.7	54.4
Senior Notes Due 2017 [Member] | Estimate of Fair Value Measurement [Member]
Estimated Fair Value Of Financial Instruments [Line Items]
Estimated fair value	311.3	314.8
Senior Notes Due 2019 [Member] | Estimate of Fair Value Measurement [Member]
Estimated Fair Value Of Financial Instruments [Line Items]
Estimated fair value	282.5	280.6
Senior Notes Due 2021 [Member] | Estimate of Fair Value Measurement [Member]
Estimated Fair Value Of Financial Instruments [Line Items]
Estimated fair value	$ 265	$ 258.7

Financial Instruments and Fai61

Financial Instruments and Fair Value Measurements - Summary of Quantitative about Significant Unobservable Inputs Used to Determine Fair Value of Impairment of Long-Lived Assets Held and Used (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value of Impairment	$ 1.7	$ 4.5	$ 40.8	$ 4.7
Broker Quote / Indicative Bids [Member] | Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value of Impairment			$ 34.7	$ 2.7
Unobservable Input			Indicative Bids
Range of Input Values			0.00%	0.00%
Sales Value [Member] | Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value of Impairment			$ 6.1	$ 1.5
Unobservable Input			Sales Value
Range of Input Values			0.00%	0.00%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Income Tax Disclosure [Abstract]
Income tax expense/benefit	$ 28,700,000	$ 9,600,000	$ 34,700,000	$ 27,100,000
Deferred income taxes	$ 0		$ 0

Post Retirement Benefit Plans -

Post Retirement Benefit Plans - Components of Net Periodic Pension Cost (Detail) - Pension Plans, Defined Benefit [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 3.1	$ 4.2	$ 6.2	$ 8.3
Interest cost	5.6	7.1	11.2	14.2
Expected return on plan assets	(8.3)	(8.5)	(16.6)	(16.9)
Amortization of prior service cost, initial net asset and net actuarial gain	2.9	3.6	5.8	7.3
Net periodic (benefit) cost	$ 3.3	$ 6.4	$ 6.6	$ 12.9

Post Retirement Benefit Plans64

Post Retirement Benefit Plans - Additional Information (Detail) $ in Millions	6 Months Ended
	Apr. 30, 2016USD ($)
Compensation and Retirement Disclosure [Abstract]
Company's pension contributions	$ 6.2
Company's estimated pension contributions	$ 12.5

Post Retirement Benefit Plans65

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		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	0.1	0.2	0.2	0.4
Amortization of prior service cost and recognized actuarial gain	(0.4)	(0.4)	(0.8)	(0.8)
Net periodic (benefit) cost	$ (0.3)	$ (0.2)	$ (0.6)	$ (0.4)

Contingent Liabilities and En66

Contingent Liabilities and Environmental Reserves - Additional Information (Detail) - USD ($) $ in Millions	Apr. 30, 2016	Oct. 31, 2015
Site Contingency [Line Items]
Environmental liability reserves	$ 9.3	$ 8.2
European Drum Facilities [Member]
Site Contingency [Line Items]
Environmental liability reserves	4.4	4.3
Life Cycle Management and Recycling Facilities [Member]
Site Contingency [Line Items]
Environmental liability reserves	1.9	2
Other Facilities [Member]
Site Contingency [Line Items]
Environmental liability reserves	1.9	1.8
Owned by Other Company [Member]
Site Contingency [Line Items]
Environmental liability reserves	$ 1.1	$ 0.1

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail)	6 Months Ended	18 Months Ended
	Apr. 30, 2016USD ($)shares	Apr. 30, 2016USD ($)shares
Class of Stock [Line Items]
Number of shares authorized to be purchased	4,000,000	4,000,000
Repurchase of common stock		0
Total cost of the shares repurchased | $	$ 5,200,000	$ 0
Shares repurchased of common stock	3,294,513	3,294,513
Class A Common Stock [Member]
Class of Stock [Line Items]
Percentage of shares outstanding used in two class method calculation	40.00%
Voting rights	The Class A Common Stock has no voting rights unless four quarterly cumulative dividends upon the Class A Common Stock are in arrears.
Shares repurchased of common stock	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%
Voting rights	The Class B Common Stock has full voting rights.
Number of shares authorized to be purchased	110,241	110,241
Shares repurchased of common stock	1,869,061	1,869,061

Earnings Per Share - Computatio

Earnings Per Share - Computation of Class Based Basic and Diluted Earnings Per Share (Detail)	6 Months Ended
	Apr. 30, 2016
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 - Computat69

Earnings Per Share - Computation of Earnings Per Share Basic and Diluted (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Numerator for basic and diluted EPS
Net income attributable to Greif, Inc.	$ 31.4	$ 20.8	$ 20.3	$ 50.9
Cash dividends	(24.8)	(24.7)	(49.3)	(49.2)
Undistributed net (loss) income attributable to Greif, Inc.	$ 6.6	$ (3.9)	$ (29)	$ 1.7

Earnings Per Share - Summarizat

Earnings Per Share - Summarization of Company's Class A and Class B Common and Treasury Shares (Detail) - shares	Apr. 30, 2016	Oct. 31, 2015
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	25,776,791	25,693,564
Treasury Shares	16,505,129	16,588,356
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	22,009,725	22,119,966
Treasury Shares	12,550,275	12,440,034

Earnings Per Share - Reconcilia

Earnings Per Share - Reconciliation of Shares Used to Calculate Basic and Diluted Earnings Per Share (Detail) - shares	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Class A Common Stock [Member]
Class of Stock [Line Items]
Basic shares	25,761,733	25,678,393	25,729,623	25,643,139
Assumed conversion of stock options	4,876	10,260	4,301	9,657
Diluted shares	25,766,609	25,688,653	25,733,924	25,652,796
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	22,108,942	22,119,966	22,114,454	22,119,966

Equity Earnings of Unconsolid72

Equity Earnings of Unconsolidated Affiliates, Net of Tax and Net (Income) Loss Attributable to Noncontrolling Interests - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Apr. 30, 2016USD ($)	Apr. 30, 2015USD ($)	Apr. 30, 2016USD ($)Affiliates	Apr. 30, 2015USD ($)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			1	2
Equity earnings (losses)	$ 0	$ (300,000)	$ 0	$ (300,000)
Dividends received from company's equity method affiliates	0	0	0	0
Net (income) loss attributable to noncontrolling interests	$ (1,100,000)	$ 300,000	$ (2,300,000)	$ 2,200,000

Equity and Comprehensive Inco73

Equity and Comprehensive Income (Loss) - Summary of Changes in Equity (Detail) - USD ($) shares in Thousands	3 Months Ended		6 Months Ended		18 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016
Beginning balance, value			$ 1,059,900,000	$ 1,223,200,000	$ 1,223,200,000
Net income	$ 32,500,000	$ 20,500,000	22,600,000	48,700,000
Other comprehensive income (loss):
Foreign currency translation	46,300,000	(40,500,000)	18,000,000	(115,100,000)
Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit				100,000
Minimum pension liability adjustment, net of income tax expense (benefit)	(1,300,000)	900,000	600,000	6,400,000
Comprehensive income (loss)	77,500,000	(19,100,000)	41,200,000	(59,900,000)
Acquisition of noncontrolling interest and other				(13,800,000)
Reclassification of redeemable noncontrolling interest			(21,600,000)
Net income allocated to redeemable noncontrolling interests			(2,400,000)
Noncontrolling interests, loan conversion and other			(300,000)
Dividends paid to Greif, Inc. shareholders	(24,800,000)	(24,700,000)	(49,300,000)	(49,200,000)
Dividends to noncontrolling interests			(2,200,000)
Stock options exercised				200,000
Treasury shares acquired, value			(5,200,000)		0
Restricted stock executives and directors, value			1,100,000	1,100,000
Long-term incentive shares issued			1,100,000	2,100,000
Ending balance, value	1,000,500,000	1,103,700,000	1,000,500,000	1,103,700,000	1,000,500,000
Out of Period [Member]
Other comprehensive income (loss):
Mark to redemption value of redeemable noncontrolling interest			(19,800,000)
Current Period [Member]
Other comprehensive income (loss):
Mark to redemption value of redeemable noncontrolling interest			2,000,000
Capital Stock [Member]
Beginning balance, value			$ 139,100,000	$ 135,500,000	$ 135,500,000
Beginning balance, shares			47,814	47,724	47,724
Other comprehensive income (loss):
Stock options exercised				$ 200,000
Stock options exercised, Shares				10
Treasury shares acquired, share			(110)
Restricted stock executives and directors, value			$ 1,000,000	$ 1,100,000
Restricted stock executives and directors, share			42	26
Long-term incentive shares issued			$ 1,000,000	$ 2,000,000
Long-term incentive shares issued, Shares			41	49
Ending balance, value	$ 141,100,000	$ 138,800,000	$ 141,100,000	$ 138,800,000	$ 141,100,000
Ending balance, shares	47,787	47,809	47,787	47,809	47,787
Treasury Stock [Member]
Beginning balance, value			$ (130,600,000)	$ (130,700,000)	$ (130,700,000)
Beginning balance, shares			29,028	29,118	29,118
Other comprehensive income (loss):
Treasury shares acquired, value			$ (5,200,000)
Stock options exercised, Shares				(10)
Treasury shares acquired, share			110
Restricted stock executives and directors, value			$ 100,000	$ (26,000,000)
Restricted stock executives and directors, share			(42)
Long-term incentive shares issued			$ 100,000	$ 100,000
Long-term incentive shares issued, Shares			(41)	(49)
Ending balance, value	$ (135,600,000)	$ (130,600,000)	$ (135,600,000)	$ (130,600,000)	$ (135,600,000)
Ending balance, shares	29,055	29,033	29,055	29,033	29,055
Retained Earnings [Member]
Beginning balance, value			$ 1,384,500,000	$ 1,411,700,000	$ 1,411,700,000
Net income			20,300,000	50,900,000
Other comprehensive income (loss):
Acquisition of noncontrolling interest and other				(400,000)
Reclassification of redeemable noncontrolling interest			1,200,000
Dividends paid to Greif, Inc. shareholders			(49,300,000)	(49,200,000)
Ending balance, value	$ 1,334,900,000	$ 1,413,000,000	1,334,900,000	1,413,000,000	1,334,900,000
Retained Earnings [Member] | Out of Period [Member]
Other comprehensive income (loss):
Mark to redemption value of redeemable noncontrolling interest			(19,800,000)
Retained Earnings [Member] | Current Period [Member]
Other comprehensive income (loss):
Mark to redemption value of redeemable noncontrolling interest			2,000,000
Accumulated Other Comprehensive Income (Loss) [Member]
Beginning balance, value			(377,400,000)	(274,400,000)	(274,400,000)
Other comprehensive income (loss):
Foreign currency translation			18,600,000	(91,200,000)
Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit				100,000
Minimum pension liability adjustment, net of income tax expense (benefit)			600,000	6,400,000
Ending balance, value	(358,200,000)	(359,100,000)	(358,200,000)	(359,100,000)	(358,200,000)
Noncontrolling Interests [Member]
Beginning balance, value			44,300,000	81,100,000	81,100,000
Net income			2,300,000	(2,200,000)
Other comprehensive income (loss):
Foreign currency translation			(600,000)	(23,900,000)
Acquisition of noncontrolling interest and other				(13,400,000)
Reclassification of redeemable noncontrolling interest			(22,800,000)
Net income allocated to redeemable noncontrolling interests			(2,400,000)
Noncontrolling interests, loan conversion and other			(300,000)
Dividends to noncontrolling interests			(2,200,000)
Ending balance, value	18,300,000	41,600,000	18,300,000	41,600,000	18,300,000
Parent Company [Member]
Beginning balance, value			1,015,600,000	1,142,100,000	1,142,100,000
Net income			20,300,000	50,900,000
Other comprehensive income (loss):
Foreign currency translation			18,600,000	(91,200,000)
Net reclassification of cash flow hedges to earnings, net of immaterial income tax benefit				100,000
Minimum pension liability adjustment, net of income tax expense (benefit)			600,000	6,400,000
Comprehensive income (loss)			39,500,000	(33,800,000)
Acquisition of noncontrolling interest and other				(400,000)
Reclassification of redeemable noncontrolling interest			1,200,000
Dividends paid to Greif, Inc. shareholders			(49,300,000)	(49,200,000)
Stock options exercised				200,000
Treasury shares acquired, value			(5,200,000)
Restricted stock executives and directors, value			1,100,000	1,100,000
Long-term incentive shares issued			1,100,000	2,100,000
Ending balance, value	$ 982,200,000	$ 1,062,100,000	982,200,000	$ 1,062,100,000	$ 982,200,000
Parent Company [Member] | Out of Period [Member]
Other comprehensive income (loss):
Mark to redemption value of redeemable noncontrolling interest			(19,800,000)
Parent Company [Member] | Current Period [Member]
Other comprehensive income (loss):
Mark to redemption value of redeemable noncontrolling interest			$ 2,000,000

Equity and Comprehensive Inco74

Equity and Comprehensive Income (Loss) - Summary of Changes in Equity (Parenthetical) (Detail) $ in Millions	6 Months Ended
	Apr. 30, 2015USD ($)
Income tax benefit, minimum pension liability adjustment	$ 2.4
Parent Company [Member]
Income tax benefit, minimum pension liability adjustment	$ 2.4

Equity and Comprehensive Inco75

Equity and Comprehensive Income (Loss) - Schedule of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (377.4)	$ (274.4)
Other Comprehensive Income (Loss) Before Reclassifications	19.2	(84.8)
Amounts reclassified from Accumulated Other Comprehensive Loss		0.1
Current-period Other Comprehensive Income	19.2	(84.7)
Ending Balance	(358.2)	(359.1)
Foreign Currency Translation [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(256.6)	(144.5)
Other Comprehensive Income (Loss) Before Reclassifications	18.6	(91.2)
Current-period Other Comprehensive Income	18.6	(91.2)
Ending Balance	(238)	(235.7)
Minimum Pension Liability Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(120.8)	(129.8)
Other Comprehensive Income (Loss) Before Reclassifications	0.6	6.4
Current-period Other Comprehensive Income	0.6	6.4
Ending Balance	$ (120.2)	(123.4)
Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance		(0.1)
Amounts reclassified from Accumulated Other Comprehensive Loss		0.1
Current-period Other Comprehensive Income		$ 0.1

Business Segment Information -

Business Segment Information - Additional Information (Detail)	6 Months Ended
	Apr. 30, 2016Segment
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		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015	Oct. 31, 2015
Net sales:
Total net sales	$ 839.6	$ 915.9	$ 1,611	$ 1,818.2
Operating profit (loss):
Total operating profit (loss)	82.8	51.1	100.4	116.5
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	32	34.7	64.3	69.3
Assets:
Total assets	3,207.2		3,207.2		$ 3,315.7
Operating Segments [Member]
Assets:
Total assets	2,959.2		2,959.2		3,009.5
Operating Segments [Member] | Rigid Industrial Packaging & Services [Member]
Net sales:
Total net sales	589.6	666.6	1,124.5	1,316.3
Operating profit (loss):
Total operating profit (loss)	59.2	25.8	56.6	46
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	21.1	24.2	42.9	48.4
Assets:
Total assets	1,991.9		1,991.9		2,043.3
Operating Segments [Member] | Paper Packaging & Services [Member]
Net sales:
Total net sales	167.2	160.4	325.6	319.6
Operating profit (loss):
Total operating profit (loss)	24.2	27.1	45.4	55.2
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	7.9	7.3	15.6	14.7
Assets:
Total assets	444.8		444.8		444
Operating Segments [Member] | Flexible Products & Services [Member]
Net sales:
Total net sales	76.2	82	149.1	170.1
Operating profit (loss):
Total operating profit (loss)	(2.9)	(5.3)	(6)	(14.1)
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	2	2.1	4.1	4.4
Assets:
Total assets	184.4		184.4		187
Operating Segments [Member] | Land Management [Member]
Net sales:
Total net sales	6.6	6.9	11.8	12.2
Operating profit (loss):
Total operating profit (loss)	2.3	3.5	4.4	29.4
Depreciation, depletion and amortization expense:
Total depreciation, depletion and amortization expense	1	$ 1.1	1.7	$ 1.8
Assets:
Total assets	338.1		338.1		335.2
Corporate and Other [Member]
Assets:
Total assets	$ 248		$ 248		$ 306.2

Business Segment Information 78

Business Segment Information - Net Sales to External Customers by Geographical Area (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Net sales
Total net sales	$ 839.6	$ 915.9	$ 1,611	$ 1,818.2
United States [Member]
Net sales
Total net sales	406.3	428.2	778.7	838.2
Europe, Middle East and Africa [Member]
Net sales
Total net sales	310.8	322.8	587	642.2
Asia Pacific and Other Americas [Member]
Net sales
Total net sales	$ 122.5	$ 164.9	$ 245.3	$ 337.8

Business Segment Information 79

Business Segment Information - Properties, Plants and Equipment, Net by Geographical Area (Detail) - USD ($) $ in Millions	Apr. 30, 2016	Oct. 31, 2015
Properties, plants and equipment, net
Total properties, plants and equipment, net	$ 1,198	$ 1,217.7
United States [Member]
Properties, plants and equipment, net
Total properties, plants and equipment, net	719.6	734.1
Europe, Middle East and Africa [Member]
Properties, plants and equipment, net
Total properties, plants and equipment, net	338	335.4
Asia Pacific and Other Americas [Member]
Properties, plants and equipment, net
Total properties, plants and equipment, net	$ 140.4	$ 148.2

Redeemable Noncontrolling Int80

Redeemable Noncontrolling Interests - Additional Information (Detail) - USD ($) $ in Millions	Apr. 30, 2016	Jan. 31, 2016
Container Life Cycle Management LLC [Member]
Redeemable Noncontrolling Interest [Line Items]
Redemption price	$ 0.8
Other Long Term Liabilities [Member] | Container Life Cycle Management LLC [Member]
Redeemable Noncontrolling Interest [Line Items]
Redemption price	$ 9.4
Redeemable Noncontrolling Interests [Member]
Redeemable Noncontrolling Interest [Line Items]
Redemption price		$ 5.8

Redeemable Noncontrolling Int81

Redeemable Noncontrolling Interests - Rollforward of Redeemable Noncontrolling Interest (Detail) $ in Millions	6 Months Ended
	Apr. 30, 2016USD ($)
Redeemable Noncontrolling Interest [Line Items]
Reclassification of book value of noncontrolling interest	$ 12.4
Redeemable Noncontrolling Interest share of Income/(Loss) and other	2.4
Contributions from /(Dividends to) redeemable noncontolling interest and other	(1.2)
Ending balance	35.4
Out of Period [Member]
Redeemable Noncontrolling Interest [Line Items]
Current period mark to redemption value	(19.8)
Current Period [Member]
Redeemable Noncontrolling Interest [Line Items]
Current period mark to redemption value	2
Container Life Cycle Management LLC [Member]
Redeemable Noncontrolling Interest [Line Items]
Reclassification of book value of noncontrolling interest	10.4
Repurchase of redeemable shareholder interest	(0.8)
Ending balance	9.4
Container Life Cycle Management LLC [Member] | Out of Period [Member]
Redeemable Noncontrolling Interest [Line Items]
Out-of period reversal of cumulative income allocated to noncontrolling interest	(1.2)
Current period mark to redemption value	0.1
Container Life Cycle Management LLC [Member] | Current Period [Member]
Redeemable Noncontrolling Interest [Line Items]
Current period mark to redemption value	$ 0.9