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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Apr. 30, 2022
Oct. 31, 2021
Current assets    
Cash and cash equivalents $ 108.7 $ 124.6
Trade accounts receivable, net of allowance 880.3 889.5
Inventories:    
Raw materials 382.5 390.7
Work-in-process 0.0 1.5
Finished goods 92.3 107.0
Assets held for sale 1.7 6.9
Prepaid expenses 55.0 54.0
Other current assets 96.3 89.9
Total current assets 1,616.8 1,664.1
Long-term assets    
Goodwill 1,482.8 1,515.4
Other intangible assets, net of amortization 611.5 648.4
Deferred tax assets 13.7 16.3
Pension asset 58.6 39.9
Operating lease assets 261.7 289.4
Other long-term assets 146.3 121.1
Total long term assets 2,574.6 2,630.5
Properties, plants and equipment    
Timber properties, net of depletion 227.4 224.6
Land 157.3 161.9
Buildings 525.7 543.8
Machinery and equipment 1,990.3 2,042.3
Capital projects in progress 119.4 137.2
Properties, plants and equipment, gross 3,020.1 3,109.8
Accumulated depreciation (1,588.6) (1,588.6)
Properties, plants and equipment, net 1,431.5 1,521.2
Total assets 5,622.9 5,815.8
Current liabilities    
Accounts payable 619.8 704.5
Accrued payroll and employee benefits 130.4 160.3
Restructuring reserves 14.1 20.3
Current portion of long-term debt 80.8 120.3
Short-term borrowings 27.8 50.5
Liabilities held for sale 0.6 0.9
Current portion of operating lease liabilities 50.1 54.0
Other current liabilities 198.3 203.3
Total current liabilities 1,121.9 1,314.1
Long-term liabilities    
Long-term debt 1,991.3 2,054.8
Operating lease liabilities 215.6 239.5
Deferred tax liabilities 330.5 318.0
Pension liabilities 70.9 78.3
Postretirement benefit obligations 10.8 11.0
Contingent liabilities and environmental reserves 20.3 19.5
Long-term income tax payable 27.8 27.8
Other long-term liabilities 97.6 153.1
Total long-term liabilities 2,764.8 2,902.0
Commitments and contingencies (Note 8)
Redeemable noncontrolling interests 17.8 24.1
Equity    
Common stock, without par value 186.0 179.3
Treasury stock, at cost (134.0) (134.1)
Retained earnings 1,910.3 1,825.6
Accumulated other comprehensive loss, net of tax:    
Foreign currency translation (257.2) (295.4)
Derivative financial instruments 32.3 (3.6)
Minimum pension liabilities (51.0) (57.5)
Total Greif, Inc. shareholders' equity 1,686.4 1,514.3
Noncontrolling interests 32.0 61.3
Total shareholders' equity 1,718.4 1,575.6
Total liabilities and shareholders' equity $ 5,622.9 $ 5,815.8