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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Oct. 31, 2018
Net sales $ 4,515.0 $ 4,595.0 $ 3,873.8
Costs of products sold 3,600.3 3,635.1 3,084.9
Gross profit 914.7 959.9 788.9
Selling, general and administrative expenses 516.0 507.4 397.2
Restructuring charges 38.7 26.1 18.6
Acquisition and integration related costs 17.0 29.7 0.7
Non-cash asset impairment charges 18.5 7.8 8.3
Gain on disposal of properties, plants and equipment, net (19.2) (13.9) (5.6)
(Gain) loss on disposal of businesses, net 38.8 3.7 (0.8)
Operating profit 304.9 399.1 370.5
Interest expense, net 115.8 112.5 51.0
Debt extinguishment charges 0.0 22.0 0.0
Non-cash pension settlement charges 0.3 0.0 1.3
Other expense, net 2.7 2.6 18.4
Income before income tax expense and equity earnings of unconsolidated affiliates, net 186.1 262.0 299.8
Income tax expense 63.3 70.7 73.3
Equity earnings of unconsolidated affiliates, net of tax (1.5) (2.9) (3.0)
Net income 124.3 194.2 229.5
Net income attributable to noncontrolling interests (15.5) (23.2) (20.1)
Net income attributable to Greif, Inc. $ 108.8 $ 171.0 $ 209.4
Class A common stock      
Basic earnings per share attributable to Greif, Inc. common shareholders:      
Basic earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 1.83 $ 2.89 $ 3.56
Diluted earnings per share attributed to Greif, Inc. common shareholders:      
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) 1.83 2.89 3.55
Class B common stock      
Basic earnings per share attributable to Greif, Inc. common shareholders:      
Basic earnings per share attributable to Greif, Inc. common shareholders (usd per share) 2.74 4.33 5.33
Diluted earnings per share attributed to Greif, Inc. common shareholders:      
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 2.74 $ 4.33 $ 5.33