XML 17 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 3 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Cash flows from operating activities:    
Net income $ 14.4 $ 74.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 66.6 60.4
Non-cash asset impairment charges 13.7 1.3
Gain on disposals of properties, plants and equipment, net (1.6) (2.7)
Loss on disposals of businesses, net 0.9 0.0
Unrealized foreign exchange loss 0.5 7.6
Deferred income tax benefit (0.6) (49.2)
Non-cash lease expense 14.6 12.2
Other, net 0.4 0.5
Increase (decrease) in cash from changes in certain assets and liabilities, net of impacts from acquisitions:    
Trade accounts receivable 31.9 21.5
Inventories (21.5) (28.0)
Accounts payable (33.5) (21.1)
Restructuring reserves 0.0 0.2
Operating leases (14.6) (12.5)
Pension and post-retirement benefit liabilities (1.8) (3.3)
Other, net (100.2) (56.7)
Net cash (used in) provided by operating activities (30.8) 4.5
Cash flows from investing activities:    
Purchases of business, net of cash acquired (4.6) 0.0
Purchases of properties, plants and equipment (35.7) (55.6)
Purchases of timber properties (1.6) (1.8)
Payments for deferred purchase price of acquisitions (1.2) (1.2)
Proceeds from the sale of properties, plants, equipment and other assets 2.5 5.0
Payments for the sale of businesses (0.9) 0.0
Proceeds from hedging derivatives 22.5 0.0
Net cash used in investing activities (19.0) (53.6)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 724.9 529.1
Payments on long-term debt (570.5) (419.2)
Payments on short-term borrowings, net (2.1) 12.7
Proceeds from trade accounts receivable credit facility 7.4 0.7
Payments on trade accounts receivable credit facility (55.9) (49.2)
Dividends paid to Greif, Inc. shareholders (31.0) (29.7)
Dividends paid to noncontrolling interests (2.0) 0.0
Tax withholding payments for stock-based awards (6.4) (6.8)
Other, net (1.9) (1.5)
Net cash provided by financing activities 62.5 36.1
Effects of exchange rates on cash (9.3) 11.4
Net increase (decrease) in cash and cash equivalents 3.4 (1.6)
Cash and cash equivalents at beginning of period 197.7 180.9
Cash and cash equivalents at end of period $ 201.1 $ 179.3