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BUSINESS SEGMENT INFORMATION
9 Months Ended
Jul. 31, 2020
Segment Reporting [Abstract]  
BUSINESS SEGMENT INFORMATION BUSINESS SEGMENT INFORMATION
The Company has eight operating segments, which are aggregated into four reportable business segments: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management.
The Company’s reportable business segments offer different products and services. The accounting policies of the reportable business segments are substantially the same as those described in the “Basis of Presentation and Summary of Significant Accounting Policies” note in the 2019 Form 10-K.
On April 1, 2020, the Company completed the divestiture of the CPG business within the Paper Packaging & Services segment.
The following tables present net sales disaggregated by geographic area for each reportable segment for the three and nine months ended July 31, 2020:
Three Months Ended July 31, 2020
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Rigid Industrial Packaging & Services$194.4 $258.3 $95.8 $548.5 
Paper Packaging & Services451.5  7.8 459.3 
Flexible Products & Services7.4 54.0 7.9 69.3 
Land Management5.9   5.9 
Total net sales
$659.2 $312.3 $111.5 $1,083.0 

Nine Months Ended July 31, 2020
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Rigid Industrial Packaging & Services$617.0 $798.5 $304.3 $1,719.8 
Paper Packaging & Services1,394.3  20.3 1,414.6 
Flexible Products & Services20.4 157.4 21.9 199.7 
Land Management19.6   19.6 
Total net sales
$2,051.3 $955.9 $346.5 $3,353.7 
The following tables present net sales disaggregated by geographic area for each reportable segment for the three and nine months ended July 31, 2019:
Three Months Ended July 31, 2019
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Rigid Industrial Packaging & Services$229.9 $296.2 $116.0 $642.1 
Paper Packaging & Services522.3  7.7 530.0 
Flexible Products & Services9.6 57.4 7.5 74.5 
Land Management6.0   6.0 
Total net sales
$767.8 $353.6 $131.2 $1,252.6 

Nine Months Ended July 31, 2019
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Rigid Industrial Packaging & Services$688.2 $831.8 $351.6 $1,871.6 
Paper Packaging & Services1,231.2  13.7 1,244.9 
Flexible Products & Services26.3 177.4 22.9 226.6 
Land Management19.8   19.8 
Total net sales
$1,965.5 $1,009.2 $388.2 $3,362.9 

The following segment information is presented for the periods indicated:
 Three Months Ended
July 31,
Nine Months Ended
July 31,
(in millions)2020201920202019
Operating profit:
Rigid Industrial Packaging & Services$42.5 $54.3 $155.8 $124.6 
Paper Packaging & Services13.3 63.1 40.3 128.6 
Flexible Products & Services4.1 5.0 10.7 22.2 
Land Management2.0 3.2 6.3 8.0 
Total operating profit
$61.9 $125.6 $213.1 $283.4 
Depreciation, depletion and amortization expense:
Rigid Industrial Packaging & Services$19.5 $18.6 $59.1 $57.0 
Paper Packaging & Services37.8 38.9 115.8 81.9 
Flexible Products & Services1.4 1.4 4.4 4.7 
Land Management1.2 1.1 3.1 3.2 
Total depreciation, depletion and amortization expense
$59.9 $60.0 $182.4 $146.8 
The following table presents total assets by segment and total properties, plants and equipment, net by geographic area:
(in millions)July 31,
2020
October 31,
2019
Assets:
Rigid Industrial Packaging & Services$2,243.7 $2,006.3 
Paper Packaging & Services2,582.6 2,686.3 
Flexible Products & Services160.0 148.2 
Land Management348.4 348.7 
Total segments5,334.7 5,189.5 
Corporate and other259.1 237.2 
Total assets$5,593.8 $5,426.7 
Long lived assets, net*:
United States$1,413.1 $1,295.8 
Europe, Middle East and Africa383.8 277.1 
Asia Pacific and other Americas110.0 117.4 
Total long-lived assets, net$1,906.9 $1,690.3 
 * current year disclosure includes impact of capitalization of operating lease assets