XML 112 R35.htm IDEA: XBRL DOCUMENT
v3.20.1

BUSINESS SEGMENT INFORMATION (Tables) | 6 Months Ended
--- | ---
Apr. 30, 2020
Segment Reporting [Abstract] |
Revenue from External Customers by Geographic Areas | The following tables present net sales disaggregated by geographic area for each reportable segment for the three and six months ended April 30, 2020:
| Three Months Ended April 30, 2020 |  |  |  |  |  |
(in millions) | United States |  | Europe, Middle East and Africa |  | Asia Pacific and Other Americas |  | Total
Rigid Industrial Packaging & Services | $ | 220.8 |  |  | $ | 281.3 |  |  | $ | 100.5 |  |  | $ | 602.6 |
Paper Packaging & Services | 475.1 |  |  | — |  |  | 6.5 |  |  | 481.6 |
Flexible Products & Services | 5.7 |  |  | 54.9 |  |  | 6.8 |  |  | 67.4 |
Land Management | 6.7 |  |  | — |  |  | — |  |  | 6.7 |
Total net sales | $ | 708.3 |  |  | $ | 336.2 |  |  | $ | 113.8 |  |  | $ | 1,158.3 |
| Six Months Ended April 30, 2020 |  |  |  |  |  |
(in millions) | United States |  | Europe, Middle East and Africa |  | Asia Pacific and Other Americas |  | Total
Rigid Industrial Packaging & Services | $ | 422.6 |  |  | $ | 540.1 |  |  | $ | 208.6 |  |  | $ | 1,171.3 |
Paper Packaging & Services | 942.9 |  |  | — |  |  | 12.4 |  |  | 955.3 |
Flexible Products & Services | 13.0 |  |  | 103.4 |  |  | 14.0 |  |  | 130.4 |
Land Management | 13.7 |  |  | — |  |  | — |  |  | 13.7 |
Total net sales | $ | 1,392.2 |  |  | $ | 643.5 |  |  | $ | 235.0 |  |  | $ | 2,270.7 |
The following tables present net sales disaggregated by geographic area for each reportable segment for the three and six months ended April 30, 2019:
| Three Months Ended April 30, 2019 |  |  |  |  |  |
(in millions) | United States |  | Europe, Middle East and Africa |  | Asia Pacific and Other Americas |  | Total
Rigid Industrial Packaging & Services | $ | 232.9 |  |  | $ | 283.7 |  |  | $ | 115.0 |  |  | $ | 631.6 |
Paper Packaging & Services | 491.6 |  |  | — |  |  | 6.0 |  |  | 497.6 |
Flexible Products & Services | 8.6 |  |  | 60.7 |  |  | 7.7 |  |  | 77.0 |
Land Management | 7.1 |  |  | — |  |  | — |  |  | 7.1 |
Total net sales | $ | 740.2 |  |  | $ | 344.4 |  |  | $ | 128.7 |  |  | $ | 1,213.3 |
| Six Months Ended April 30, 2019 |  |  |  |  |  |
(in millions) | United States |  | Europe, Middle East and Africa |  | Asia Pacific and Other Americas |  | Total
Rigid Industrial Packaging & Services | $ | 458.4 |  |  | $ | 535.6 |  |  | $ | 235.5 |  |  | $ | 1,229.5 |
Paper Packaging & Services | 708.9 |  |  | — |  |  | 6.0 |  |  | 714.9 |
Flexible Products & Services | 16.7 |  |  | 120.0 |  |  | 15.4 |  |  | 152.1 |
Land Management | 13.8 |  |  | — |  |  | — |  |  | 13.8 |
Total net sales | $ | 1,197.8 |  |  | $ | 655.6 |  |  | $ | 256.9 |  |  | $ | 2,110.3 |
Segment Information | The following segment information is presented for the periods indicated:
| Three Months Ended April 30, |  |  |  | Six Months Ended April 30, |  |
(in millions) | 2020 |  | 2019 |  | 2020 |  | 2019
Operating profit: |  |  |  |  |  |  |
Rigid Industrial Packaging & Services | $ | 70.5 |  |  | $ | 47.0 |  |  | $ | 113.3 |  |  | $ | 70.3 |
Paper Packaging & Services | (5.5) |  |  | 30.2 |  |  | 27.0 |  |  | 65.5 |
Flexible Products & Services | 4.6 |  |  | 11.2 |  |  | 6.6 |  |  | 17.2 |
Land Management | 2.4 |  |  | 2.2 |  |  | 4.3 |  |  | 4.8 |
Total operating profit | $ | 72.0 |  |  | $ | 90.6 |  |  | $ | 151.2 |  |  | $ | 157.8 |
Depreciation, depletion and amortization expense: |  |  |  |  |  |  |
Rigid Industrial Packaging & Services | $ | 20.0 |  |  | $ | 18.7 |  |  | $ | 39.6 |  |  | $ | 38.4 |
Paper Packaging & Services | 38.8 |  |  | 34.2 |  |  | 78.0 |  |  | 43.0 |
Flexible Products & Services | 1.5 |  |  | 1.6 |  |  | 3.0 |  |  | 3.3 |
Land Management | 0.9 |  |  | 1.0 |  |  | 1.9 |  |  | 2.1 |
Total depreciation, depletion and amortization expense | $ | 61.2 |  |  | $ | 55.5 |  |  | $ | 122.5 |  |  | $ | 86.8 |
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:
(in millions) | April 30, 2020 |  | October 31, 2019
Assets: |  |  |
Rigid Industrial Packaging & Services | $ | 2,072.7 |  |  | $ | 2,006.3 |
Paper Packaging & Services | 2,691.7 |  |  | 2,686.3 |
Flexible Products & Services | 154.7 |  |  | 148.2 |
Land Management | 349.1 |  |  | 348.7 |
Total segments | 5,268.2 |  |  | 5,189.5 |
Corporate and other | 260.8 |  |  | 237.2 |
Total assets | $ | 5,529.0 |  |  | $ | 5,426.7 |
Long lived assets, net*: |  |  |
United States | $ | 1,441.3 |  |  | $ | 1,295.8 |
Europe, Middle East and Africa | 366.5 |  |  | 277.1 |
Asia Pacific and other Americas | 109.3 |  |  | 117.4 |
Total long-lived assets, net | $ | 1,917.1 |  |  | $ | 1,690.3 |
* current year disclosure includes impact of capitalization of operating lease assets |  |  |

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph a -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration