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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Apr. 30, 2024
Oct. 31, 2023
Current assets    
Cash and cash equivalents $ 196.0 $ 180.9
Trade accounts receivable, net of allowance 772.0 659.4
Inventories:    
Raw materials 309.9 255.8
Finished goods 101.8 82.8
Assets held for sale 6.5 5.0
Prepaid expenses 63.0 46.0
Other current assets 165.0 139.2
Total current assets 1,614.2 1,369.1
Long-term assets    
Goodwill 1,968.3 1,693.0
Other intangible assets, net of amortization 980.1 792.2
Deferred tax assets 33.5 22.9
Pension assets 41.6 36.2
Operating lease right-of-use assets 334.4 290.3
Finance lease right-of-use assets 39.7 30.5
Other long-term assets 161.7 164.0
Total long term assets 3,559.3 3,029.1
Properties, plants and equipment    
Timber properties, net of depletion 230.6 229.6
Land 157.6 153.7
Buildings 587.6 544.3
Machinery and equipment 2,250.7 2,138.8
Capital projects in progress 211.3 200.5
Properties, plants and equipment, gross 3,437.8 3,266.9
Accumulated depreciation (1,782.5) (1,704.3)
Properties, plants and equipment, net 1,655.3 1,562.6
Total assets 6,828.8 5,960.8
Current liabilities    
Accounts payable 549.5 497.8
Accrued payroll and employee benefits 135.1 137.7
Restructuring reserves 6.2 16.8
Current portion of long-term debt 95.8 88.3
Short-term borrowings 37.4 5.4
Current portion of operating lease liabilities 58.2 53.8
Current portion of finance lease liabilities 5.4 3.4
Other current liabilities 138.8 136.1
Total current liabilities 1,026.4 939.3
Long-term liabilities    
Long-term debt 2,782.9 2,121.4
Operating lease liabilities 278.3 240.2
Finance lease liabilities 36.3 27.9
Deferred tax liabilities 341.2 325.6
Pension liabilities 55.3 56.3
Postretirement benefit obligations 6.2 6.2
Contingent liabilities and environmental reserves 18.3 17.3
Long-term income tax payable 11.8 21.2
Other long-term liabilities 99.3 93.8
Total long-term liabilities 3,629.6 2,909.9
Commitments and contingencies (Note 9)
Redeemable noncontrolling interests 125.4 125.3
Equity    
Common stock, without par value 225.0 208.4
Treasury stock, at cost (279.3) (281.9)
Retained earnings 2,391.5 2,337.9
Accumulated other comprehensive loss, net of tax:    
Foreign currency translation (318.4) (317.7)
Derivative financial instruments 63.2 71.7
Minimum pension liabilities (72.9) (70.5)
Total Greif, Inc. shareholders’ equity 2,009.1 1,947.9
Noncontrolling interests 38.3 38.4
Total shareholders’ equity 2,047.4 1,986.3
Total liabilities and shareholders’ equity $ 6,828.8 $ 5,960.8