v3.25.4
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Dec. 31, 2025
Sep. 30, 2025
Current assets    
Cash and cash equivalents $ 243.5 $ 256.7
Trade accounts receivable, net of allowance 602.1 655.3
Inventories:    
Raw materials 251.4 244.7
Finished goods 98.0 92.1
Current assets held for sale 18.4 21.8
Prepaid expenses 74.5 55.6
Other current assets 152.5 104.2
Total current assets 1,440.4 1,430.4
Long-term assets    
Goodwill 1,700.9 1,696.5
Other intangible assets, net of amortization 818.6 840.9
Deferred tax assets 23.2 26.5
Pension assets 65.9 64.1
Noncurrent assets held for sale 0.0 233.5
Operating lease right-of-use assets 176.3 186.5
Finance lease right-of-use assets 27.9 34.1
Other long-term assets 117.6 119.1
Total long term assets 2,930.4 3,201.2
Properties, plants and equipment    
Land 124.4 124.7
Buildings 501.5 497.4
Machinery and equipment 1,756.5 1,736.0
Capital projects in progress 168.8 151.2
Properties, plants and equipment, gross 2,551.2 2,509.3
Accumulated depreciation (1,419.5) (1,374.1)
Properties, plants and equipment, net 1,131.7 1,135.2
Total assets 5,502.5 5,766.8
Current liabilities    
Accounts payable 402.1 429.6
Accrued payroll and employee benefits 122.7 137.9
Restructuring reserves 19.2 21.7
Short-term borrowings 288.9 287.7
Current liabilities held for sale 0.0 2.1
Current portion of operating lease liabilities 41.7 43.9
Current portion of finance lease liabilities 4.6 5.5
Dividends payable 24.5 25.3
Other current liabilities 265.2 175.9
Total current liabilities 1,168.9 1,129.6
Long-term liabilities    
Long-term debt 655.1 914.8
Operating lease liabilities 135.8 143.9
Finance lease liabilities 26.0 29.3
Deferred tax liabilities 206.2 250.2
Pension liabilities 59.8 59.2
Postretirement benefit obligations 5.4 5.4
Contingent liabilities and environmental reserves 17.0 17.3
Other long-term liabilities 156.7 172.4
Total long-term liabilities 1,262.0 1,592.5
Commitments and contingencies (Note 9)
Redeemable noncontrolling interests 93.1 92.3
Equity    
Common stock, without par value 249.3 247.3
Treasury stock, at cost (406.4) (276.5)
Retained earnings 3,337.1 3,194.9
Accumulated other comprehensive loss, net of tax:    
Foreign currency translation (188.8) (201.1)
Derivative financial instruments 7.3 8.1
Minimum pension liabilities (57.4) (57.8)
Total Greif, Inc. shareholders’ equity 2,941.1 2,914.9
Noncontrolling interests 37.4 37.5
Total shareholders’ equity 2,978.5 2,952.4
Total liabilities and shareholders’ equity $ 5,502.5 $ 5,766.8