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BUSINESS SEGMENT INFORMATION (Tables) | 12 Months Ended
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Oct. 31, 2024
Segment Reporting [Abstract] |
Schedule of Revenue from External Customers by Geographic Areas | The following tables present net sales disaggregated by geographic area for each reportable segment for the year ended October 31, 2024:
| Year Ended October 31, 2024
(in millions) | United States |  | Europe, Middle East and Africa |  | Asia Pacific and Other Americas |  | Total
Global Industrial Packaging | $ | 1,124.0 |  |  | $ | 1,388.0 |  |  | $ | 612.3 |  |  | $ | 3,124.3 |
Paper Packaging & Services | 2,261.4 |  |  | — |  |  | 42.1 |  |  | 2,303.5 |
Land Management | 20.3 |  |  | — |  |  | — |  |  | 20.3 |
Total net sales | $ | 3,405.7 |  |  | $ | 1,388.0 |  |  | $ | 654.4 |  |  | $ | 5,448.1 |
The following tables present net sales disaggregated by geographic area for each reportable segment for the year ended October 31, 2023:
| Year Ended October 31, 2023
(in millions) | United States |  | Europe, Middle East and Africa |  | Asia Pacific and Other Americas |  | Total
Global Industrial Packaging | $ | 1,093.0 |  |  | $ | 1,310.9 |  |  | $ | 532.9 |  |  | $ | 2,936.8 |
Paper Packaging & Services | 2,218.0 |  |  | — |  |  | 42.5 |  |  | 2,260.5 |
Land Management | 21.3 |  |  | — |  |  | — |  |  | 21.3 |
Total net sales | $ | 3,332.3 |  |  | $ | 1,310.9 |  |  | $ | 575.4 |  |  | $ | 5,218.6 |
Schedule of Segment Information | The following reportable segment information is presented for each of the three years in the period ended October 31:
(in millions) | 2024 |  | 2023 |  | 2022
Operating profit: |  |  |  |  |
Global Industrial Packaging | $ | 341.1 |  |  | $ | 334.3 |  |  | $ | 313.7 |
Paper Packaging & Services | 115.6 |  |  | 264.1 |  |  | 298.5 |
Land Management | 7.9 |  |  | 7.1 |  |  | 9.0 |
Total operating profit | $ | 464.6 |  |  | $ | 605.5 |  |  | $ | 621.2 |
Depreciation, depletion and amortization expense: |  |  |  |  |
Global Industrial Packaging | $ | 122.3 |  |  | $ | 95.3 |  |  | $ | 73.9 |
Paper Packaging & Services | 136.8 |  |  | 133.1 |  |  | 139.9 |
Land Management | 2.2 |  |  | 2.2 |  |  | 2.8 |
Total depreciation, depletion and amortization expense | $ | 261.3 |  |  | $ | 230.6 |  |  | $ | 216.6 |
Capital expenditures: |  |  |  |  |
Global Industrial Packaging | $ | 76.0 |  |  | $ | 83.9 |  |  | $ | 55.1 |
Paper Packaging & Services | 88.9 |  |  | 120.6 |  |  | 90.6 |
Land Management | 0.2 |  |  | 1.1 |  |  | — |
Total segment | 165.1 |  |  | 205.6 |  |  | 145.7 |
Corporate and other | 9.1 |  |  | 12.6 |  |  | 16.2 |
Total capital expenditures | $ | 174.2 |  |  | $ | 218.2 |  |  | $ | 161.9 |
Schedule of Properties, Plants and Equipment, Net by Geographical Area | The following table presents total assets by reportable segment and total long lived assets, net by geographic area:
(in millions) | October 31, 2024 |  | October 31, 2023
Assets: |  |  |
Global Industrial Packaging | $ | 3,439.1 |  |  | $ | 2,737.5 |
Paper Packaging & Services | 2,538.8 |  |  | 2,541.1 |
Land Management | 255.0 |  |  | 253.2 |
Total segment | 6,232.9 |  |  | 5,531.8 |
Corporate and other | 414.7 |  |  | 429.0 |
Total assets | $ | 6,647.6 |  |  | $ | 5,960.8 |
Long lived assets, net*: |  |  |
United States | $ | 1,455.3 |  |  | $ | 1,468.6 |
Europe, Middle East and Africa | 373.7 |  |  | 311.9 |
Asia Pacific and other Americas | 146.0 |  |  | 102.9 |
Total properties, plants and equipment, net | $ | 1,975.0 |  |  | $ | 1,883.4 |
*includes property, plants and equipment, net, operating lease assets and finance lease assets |  |  |

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