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BUSINESS SEGMENT INFORMATION (Tables)
9 Months Ended
Jul. 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 three and nine months ended July 31, 2024:
Three Months Ended July 31, 2024
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Global Industrial Packaging$298.2 $381.3 $166.5 $846.0 
Paper Packaging & Services592.4 — 11.2 603.6 
Land Management4.6 — — 4.6 
Total net sales$895.2 $381.3 $177.7 $1,454.2 
Nine Months Ended July 31, 2024
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Global Industrial Packaging$853.5 $1,031.4 $452.5 $2,337.4 
Paper Packaging & Services1,648.4 — 30.6 1,679.0 
Land Management14.6 — — 14.6 
Total net sales$2,516.5 $1,031.4 $483.1 $4,031.0 
The following tables present net sales disaggregated by geographic area for each reportable segment for the three and nine months ended July 31, 2023:
Three Months Ended July 31, 2023
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Global Industrial Packaging$277.3 $349.2 $135.3 $761.8 
Paper Packaging & Services552.6 — 11.3 563.9 
Land Management4.6 — — 4.6 
Total net sales
$834.5 $349.2 $146.6 $1,330.3 
Nine Months Ended July 31, 2023
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Global Industrial Packaging$818.7 $1,002.1 $395.0 $2,215.8 
Paper Packaging & Services1,647.6 — 31.3 1,678.9 
Land Management15.5 — — 15.5 
Total net sales
$2,481.8 $1,002.1 $426.3 $3,910.2 
Schedule of Segment Information
The following segment information is presented for the periods indicated:
 Three Months Ended
July 31,
Nine Months Ended
July 31,
(in millions)2024202320242023
Operating profit:
Global Industrial Packaging$131.8 $102.0 $266.1 $259.2 
Paper Packaging & Services37.5 52.1 66.9 228.8 
Land Management1.7 1.5 5.0 5.1 
Total operating profit$171.0 $155.6 $338.0 $493.1 
Depreciation, depletion and amortization expense:
Global Industrial Packaging$32.8 $24.9 $89.3 $69.5 
Paper Packaging & Services33.9 32.4 102.5 98.3 
Land Management0.4 0.4 1.6 1.6 
Total depreciation, depletion and amortization expense$67.1 $57.7 $193.4 $169.4 
Schedule of 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)July 31,
2024
October 31,
2023
Assets:
Global Industrial Packaging$3,541.3 $2,737.5 
Paper Packaging & Services2,615.9 2,541.1 
Land Management255.0 253.2 
Total segments6,412.2 5,531.8 
Corporate and other422.7 429.0 
Total assets$6,834.9 $5,960.8 
Property, plant and equipment, net and lease right-of-use assets:
United States$1,467.3 $1,468.6 
Europe, Middle East and Africa378.6 311.9 
Asia Pacific and other Americas145.8 102.9 
Total long-lived assets, net$1,991.7 $1,883.4