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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2019
Net sales $ 5,556.1 $ 4,515.0 $ 4,595.0
Costs of products sold 4,463.1 3,600.3 3,635.1
Gross profit 1,093.0 914.7 959.9
Selling, general and administrative expenses 565.9 516.0 507.4
Restructuring charges 23.1 38.7 26.1
Timberland gains (95.7) 0.0 0.0
Acquisition and integration related costs 9.1 17.0 29.7
Non-cash asset impairment charges 8.9 18.5 7.8
Gain on disposal of properties, plants and equipment, net (3.7) (19.2) (13.9)
Loss on disposal of businesses, net 0.2 38.8 3.7
Operating profit 585.2 304.9 399.1
Interest expense, net 92.7 115.8 112.5
Debt extinguishment charges 0.0 0.0 22.0
Non-cash pension settlement charges 9.1 0.3 0.0
Other expense, net 4.8 2.7 2.6
Income before income tax expense and equity earnings of unconsolidated affiliates, net 478.6 186.1 262.0
Income tax expense 69.6 63.3 70.7
Equity earnings of unconsolidated affiliates, net of tax (4.2) (1.5) (2.9)
Net income 413.2 124.3 194.2
Net income attributable to noncontrolling interests (22.5) (15.5) (23.2)
Net income attributable to Greif, Inc. $ 390.7 $ 108.8 $ 171.0
Class A common stock      
Basic earnings per share attributable to Greif, Inc. common shareholders:      
Basic earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 6.57 $ 1.83 $ 2.89
Diluted earnings per share attributed to Greif, Inc. common shareholders:      
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) 6.54 1.83 2.89
Class B common stock      
Basic earnings per share attributable to Greif, Inc. common shareholders:      
Basic earnings per share attributable to Greif, Inc. common shareholders (usd per share) 9.84 2.74 4.33
Diluted earnings per share attributed to Greif, Inc. common shareholders:      
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 9.84 $ 2.74 $ 4.33