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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Cash flows from operating activities:    
Net income $ 18.6 $ 30.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 59.4 59.3
Non-cash asset impairment charges 62.4 1.3
Non-cash pension settlement charges 0.0 8.5
Loss (gain) on disposals of properties, plants and equipment, net (1.4) 1.6
Gain on disposals of businesses, net 0.0 (0.1)
Unrealized foreign exchange loss 3.4 0.0
Deferred income tax expense (benefit) 2.0 (1.9)
Non-cash lease expense 14.6 14.4
Other, net 0.6 1.9
Increase (decrease) in cash from changes in certain assets and liabilities:    
Trade accounts receivable (4.8) (30.8)
Inventories (62.9) (35.5)
Accounts payable 9.6 13.7
Restructuring reserves (1.7) (2.4)
Operating leases (16.0) (9.9)
Pension and post-retirement benefit liabilities (10.4) (6.1)
Other, net (51.0) (33.4)
Net cash provided by operating activities 22.4 11.5
Cash flows from investing activities:    
Purchases of properties, plants and equipment (44.5) (27.4)
Purchases of and investments in timber properties (4.8) (1.0)
Collections of receivables held in special purpose entities 0.0 50.9
Payments for issuance of loans receivable 0.0 (15.0)
Proceeds from the sale of properties, plants, equipment and other assets 8.2 0.0
Other, net (4.7) (3.3)
Net cash provided by (used in) investing activities (45.8) 4.2
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 641.6 384.5
Payments on long-term debt (551.4) (353.5)
Proceeds (payments) on short-term borrowings, net (4.2) 16.8
Proceeds from trade accounts receivable credit facility 0.0 11.2
Payments on trade accounts receivable credit facility (2.0) (18.3)
Payments for liabilities held in special purpose entities 0.0 (43.3)
Dividends paid to Greif, Inc. shareholders (27.2) (25.9)
Dividends paid to noncontrolling interests (2.8) (1.5)
Net cash provided by (used in) financing activities 54.0 (30.0)
Effects of exchange rates on cash (18.6) 9.8
Net increase (decrease) in cash and cash equivalents 12.0 (4.5)
Cash and cash equivalents at beginning of period 124.6 105.9
Cash and cash equivalents at end of period [1] $ 136.6 $ 101.4
[1] 2022 Ending cash includes $16.9 million of cash presented within assets held for sale on the interim condensed consolidated balance sheet. See Note 13 for more information.