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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Executive Officer
Director
Class A common stock
Class B common stock
Greif, Inc. Equity
Greif, Inc. Equity
Executive Officer
Greif, Inc. Equity
Director
Common Stock
Common Stock
Executive Officer
Common Stock
Director
Treasury Stock
Treasury Stock
Executive Officer
Treasury Stock
Director
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non controlling Interests
Beginning balance (in shares) at Oct. 31, 2021                 48,559,000                
Beginning balance, treasury stock (in shares) at Oct. 31, 2021                       28,283,000          
Beginning balance, value at Oct. 31, 2021 $ 1,575.6         $ 1,514.3     $ 179.3     $ (134.1)     $ 1,825.6 $ (356.5) $ 61.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net income 394.0         376.7                 376.7   17.3
Other comprehensive income (loss):                                  
Foreign currency translation (27.9) [1]         (21.1)                   (21.1) (6.8)
Derivative financial instruments, net of tax expense (benefit) 76.4         76.4                   76.4  
Minimum pension liability adjustment, net of tax expense (1.1)         (1.1)                   (1.1)  
Comprehensive income 441.4         430.9                      
Divestment of noncontrolling interest (23.3)                               (23.3)
Current period mark to redemption value of redeemable noncontrolling interest and other 5.5         5.5                 5.5    
Net income allocated to redeemable noncontrolling interests (0.1)                               (0.1)
Dividends paid to Greif, Inc., (111.3)         (111.3)                 (111.3)    
Dividends paid to noncontrolling interests and other (15.4)                               (15.4)
Dividends earned on RSU shares (1.3)         (1.3)                 (1.3)    
Share repurchases (in shares)                 (1,192,000)     1,192,000          
Share repurchases (86.1)         (86.1)     $ (15.0)     $ (71.1)          
Long-term incentive shares issued (in shares)                 51,000     (51,000)          
Long-term incentive shares issued 3.1         3.1     $ 3.0     $ 0.1          
Share based compensation 4.9         4.9     $ 4.9                
Restricted stock executives and directors (in shares)                   3,000 22,000   (3,000) (22,000)      
Restricted stock executives and directors   $ 0.1 $ 1.2       $ 0.1 $ 1.2   $ 0.1 $ 1.2     $ 0.0      
Ending balance (in shares) at Oct. 31, 2022                 47,443,000                
Ending balance, treasury stock (in shares) at Oct. 31, 2022                       29,399,000          
Ending balance, value at Oct. 31, 2022 1,794.3         1,761.3     $ 173.5     $ (205.1)     2,095.2 (302.3) 33.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net income 379.1         359.2                 359.2   19.9
Other comprehensive income (loss):                                  
Foreign currency translation (1.1) [1]         (1.2)                   (1.2) 0.1
Derivative financial instruments, net of tax expense (benefit) (1.1)         (1.1)                   (1.1)  
Minimum pension liability adjustment, net of tax expense (11.9)         (11.9)                   (11.9)  
Comprehensive income 365.0         345.0                      
Current period mark to redemption value of redeemable noncontrolling interest and other 0.1         0.1                 0.1    
Net income allocated to redeemable noncontrolling interests (2.7)                               (2.7)
Dividends paid to Greif, Inc., (116.5)         (116.5)                 (116.5)    
Dividends paid to noncontrolling interests and other (11.9)                               (11.9)
Dividends earned on RSU shares (0.1)         (0.1)                 (0.1)    
Colleague stock purchase plan 0.3         0.3     $ 0.3                
Share repurchases (in shares)                 (1,006,000)     1,006,000          
Share repurchases (64.4)         (64.4)     $ 14.5     $ (78.9)          
Long-term incentive shares issued (in shares)                 350,000     (350,000)          
Long-term incentive shares issued 16.7         16.7     $ 14.7     $ 2.0          
Share based compensation 4.2         4.2     $ 4.2                
Restricted stock executives and directors (in shares)                     18,000     (18,000)      
Restricted stock executives and directors     1.3         1.3     $ 1.2     $ 0.1      
Ending balance (in shares) at Oct. 31, 2023       25,474,254 21,331,127       46,805,000                
Ending balance, treasury stock (in shares) at Oct. 31, 2023       16,807,666 13,228,873             30,037,000          
Ending balance, value at Oct. 31, 2023 1,986.3         1,947.9     $ 208.4     $ (281.9)     2,337.9 (316.5) 38.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net income 295.5         268.8                 268.8   26.7
Other comprehensive income (loss):                                  
Foreign currency translation 2.5 [1]         3.6                   3.6 (1.1)
Derivative financial instruments, net of tax expense (benefit) (37.8)         (37.8)                   (37.8)  
Minimum pension liability adjustment, net of tax expense (4.4)         (4.4)                   (4.4)  
Comprehensive income 255.8         230.2                      
Current period mark to redemption value of redeemable noncontrolling interest and other 1.0         1.0                 1.0    
Net income allocated to redeemable noncontrolling interests (8.5)                               (8.5)
Dividends paid to Greif, Inc., (121.0)         (121.0)                 (121.0)    
Dividends paid to noncontrolling interests and other (20.4)                               (20.4)
Dividends earned on RSU shares (0.5)         (0.5)                 (0.5)    
Colleague stock purchase plan (in shares)                 71,000     (71,000)          
Colleague stock purchase plan 4.7         4.7     $ 4.1     $ 0.6          
Long-term incentive shares issued (in shares)                 284,000     (284,000)          
Long-term incentive shares issued 12.8         12.8     $ 10.6     $ 2.2          
Share based compensation 6.0         6.0     $ 6.0                
Restricted stock executives and directors (in shares)                     21,000     (21,000)      
Restricted stock executives and directors     $ 1.3         $ 1.3     $ 1.2     $ 0.1      
Ending balance (in shares) at Oct. 31, 2024       25,850,270 21,331,127       47,181,000                
Ending balance, treasury stock (in shares) at Oct. 31, 2024       16,431,650 13,228,873             29,661,000          
Ending balance, value at Oct. 31, 2024 $ 2,117.5         $ 2,082.4     $ 230.3     $ (279.0)     $ 2,486.2 $ (355.1) $ 35.1
[1] Year ended October 31, 2022 amount includes $113.1 million release of foreign currency translation from business divestment.