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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 31, 2024
Oct. 31, 2023
Current assets    
Cash and cash equivalents $ 197.7 $ 180.9
Trade accounts receivable, net of allowance 746.9 659.4
Inventories:    
Raw materials 299.6 255.8
Finished goods 99.9 82.8
Assets held for sale 3.1 5.0
Prepaid expenses 55.8 46.0
Other current assets 146.4 139.2
Total current assets 1,549.4 1,369.1
Long-term assets    
Goodwill 1,953.7 1,693.0
Other intangible assets, net of amortization 937.1 792.2
Deferred tax assets 36.9 22.9
Pension assets 46.0 36.2
Operating lease right-of-use assets 284.5 290.3
Finance lease right-of-use assets 38.4 30.5
Other long-term assets 149.5 164.0
Total long-term assets 3,446.1 3,029.1
Properties, plants and equipment    
Timber properties, net of depletion 231.2 229.6
Land 158.0 153.7
Buildings 605.6 544.3
Machinery and equipment 2,308.7 2,138.8
Capital projects in progress 159.6 200.5
Properties, plants and equipment, gross 3,463.1 3,266.9
Accumulated depreciation (1,811.0) (1,704.3)
Properties, plants and equipment, net 1,652.1 1,562.6
Total assets 6,647.6 5,960.8
Current liabilities    
Accounts payable 521.9 497.8
Accrued payroll and employee benefits 156.9 137.7
Restructuring reserves 4.9 16.8
Current portion of long-term debt 95.8 88.3
Short-term borrowings 18.6 5.4
Current portion of operating lease liabilities 56.5 53.8
Current portion of finance lease liabilities 5.6 3.4
Other current liabilities 154.2 136.1
Total current liabilities 1,014.4 939.3
Long-term liabilities    
Long-term debt 2,626.2 2,121.4
Operating lease liabilities 230.2 240.2
Finance lease liabilities 34.2 27.9
Deferred tax liabilities 295.1 325.6
Pension liabilities 59.2 56.3
Post-retirement benefit obligations 5.6 6.2
Contingent liabilities and environmental reserves 19.1 17.3
Long-term income tax payable 11.7 21.2
Other long-term liabilities 104.5 93.8
Total long-term liabilities 3,385.8 2,909.9
Commitments and Contingencies (Note 10)
Redeemable Noncontrolling Interests (Note 15) 129.9 125.3
Equity    
Common stock, without par value 230.3 208.4
Treasury stock, at cost (279.0) (281.9)
Retained earnings 2,486.2 2,337.9
Accumulated other comprehensive income (loss), net of tax:    
Foreign currency translation (314.1) (317.7)
Derivative financial instruments 33.9 71.7
Minimum pension liabilities (74.9) (70.5)
Total Greif, Inc. shareholders’ equity 2,082.4 1,947.9
Noncontrolling interests 35.1 38.4
Total shareholders’ equity 2,117.5 1,986.3
Total liabilities and shareholders’ equity $ 6,647.6 $ 5,960.8