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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Apr. 30, 2025
Oct. 31, 2024
Current assets    
Cash and cash equivalents $ 252.7 $ 197.7
Trade accounts receivable, net of allowance 803.7 746.9
Inventories:    
Raw materials 318.9 299.6
Finished goods 111.8 99.9
Assets held for sale 5.4 3.1
Prepaid expenses 74.7 55.8
Other current assets 187.2 146.4
Total current assets 1,754.4 1,549.4
Long-term assets    
Goodwill 1,987.4 1,953.7
Other intangible assets, net of amortization 881.7 937.1
Deferred tax assets 35.8 36.9
Pension assets 48.3 46.0
Operating lease right-of-use assets 260.0 284.5
Finance lease right-of-use assets 35.8 38.4
Other long-term assets 121.5 149.5
Total long term assets 3,370.5 3,446.1
Properties, plants and equipment    
Timber properties, net of depletion 231.6 231.2
Land 156.6 158.0
Buildings 596.0 605.6
Machinery and equipment 2,339.9 2,308.7
Capital projects in progress 179.9 159.6
Properties, plants and equipment, gross 3,504.0 3,463.1
Accumulated depreciation (1,874.5) (1,811.0)
Properties, plants and equipment, net 1,629.5 1,652.1
Total assets 6,754.4 6,647.6
Current liabilities    
Accounts payable 531.6 521.9
Accrued payroll and employee benefits 110.1 156.9
Restructuring reserves 11.7 4.9
Current portion of long-term debt 95.8 95.8
Short-term borrowings 388.5 18.6
Current portion of operating lease liabilities 54.2 56.5
Current portion of finance lease liabilities 5.8 5.6
Other current liabilities 188.1 154.2
Total current liabilities 1,385.8 1,014.4
Long-term liabilities    
Long-term debt 2,290.9 2,626.2
Operating lease liabilities 207.5 230.2
Finance lease liabilities 30.7 34.2
Deferred tax liabilities 289.5 295.1
Pension liabilities 60.3 59.2
Postretirement benefit obligations 5.5 5.6
Contingent liabilities and environmental reserves 19.8 19.1
Long-term income tax payable 0.0 11.7
Other long-term liabilities 158.2 104.5
Total long-term liabilities 3,062.4 3,385.8
Commitments and contingencies (Note 10)
Redeemable noncontrolling interests 131.2 129.9
Equity    
Common stock, without par value 243.2 230.3
Treasury stock, at cost (276.8) (279.0)
Retained earnings 2,476.4 2,486.2
Accumulated other comprehensive loss, net of tax:    
Foreign currency translation (237.5) (314.1)
Derivative financial instruments 5.6 33.9
Minimum pension liabilities (76.8) (74.9)
Total Greif, Inc. shareholders’ equity 2,134.1 2,082.4
Noncontrolling interests 40.9 35.1
Total shareholders’ equity 2,175.0 2,117.5
Total liabilities and shareholders’ equity $ 6,754.4 $ 6,647.6