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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Oct. 31, 2018
Cash flows from operating activities:      
Net income $ 124.3 $ 194.2 $ 229.5
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 242.5 206.1 126.9
Non-cash asset impairment charges 18.5 7.8 8.3
Non-cash pension settlement charges 0.3 0.0 1.3
Gain on disposals 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)
Unrealized foreign exchange (gain) loss (4.2) 3.0 (0.7)
Deferred income tax (benefit) expense 16.7 2.1 (44.8)
Transition tax (benefit) expense 0.0 (0.8) 52.8
Debt extinguishment charges 0.0 14.0 0.0
Non-cash lease expense 57.4 0.0 0.0
Other, net (3.0) 4.2 (2.8)
Increase (decrease) in cash from changes in certain assets and liabilities:      
Trade accounts receivable (9.1) 55.1 (34.0)
Inventories 27.1 33.9 (24.8)
Deferred purchase price on sold receivables 0.0 (6.9) 2.1
Accounts payable 38.1 (69.9) 24.3
Restructuring reserves 10.2 6.7 (0.8)
Operating leases (56.8) 0.0 0.0
Pension and post-retirement benefit liabilities (13.3) (15.3) (66.8)
Other, net (13.6) (34.5) (11.1)
Net cash provided by operating activities 454.7 389.5 253.0
Cash flows from investing activities:      
Acquisitions of companies, net of cash acquired 0.0 (1,857.9) 0.0
Purchases of properties, plants and equipment (131.4) (156.8) (140.2)
Purchases of and investments in timber properties (5.4) (5.4) (8.9)
Purchases of equity method investments (3.6) 0.0 0.0
Proceeds from the sale of properties, plants, equipment and other assets 33.4 28.7 12.5
Proceeds from the sale of businesses 80.9 1.5 1.4
Proceeds on insurance recoveries 0.9 0.6 0.0
Net cash used in investing activities (25.2) (1,989.3) (135.2)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 1,319.9 3,732.3 1,020.7
Payments on long-term debt (1,578.4) (2,075.6) (1,065.4)
Proceeds (payments) on short-term borrowings, net 17.0 2.2 (11.0)
Proceeds from trade accounts receivable credit facility 76.8 181.4 2.8
Payments on trade accounts receivable credit facility (122.9) (89.2) (2.8)
Dividends paid to Greif, Inc. shareholders (104.3) (104.0) (100.0)
Dividends paid to noncontrolling interests (13.4) (9.2) (4.6)
Payments for debt extinguishment and issuance costs 0.0 (44.1) 0.0
Purchases of redeemable noncontrolling interest 0.0 (11.9) 0.0
Cash contribution from noncontrolling interest holder 0.0 1.6 2.0
Net cash provided (used in) by financing activities (405.3) 1,583.5 (158.3)
Effects of exchange rates on cash 4.4 (0.6) (7.6)
Net increase (decrease) in cash and cash equivalents 28.6 (16.9) (48.1)
Cash and cash equivalents at beginning of year 77.3 94.2 142.3
Cash and cash equivalents at end of year 105.9 77.3 94.2
Non-cash transactions:      
Capital expenditures included in accounts payable 17.2 18.6 11.4
Schedule of interest and income taxes paid:      
Cash payments for interest expense 119.9 161.8 58.3
Cash payments for taxes $ 65.1 $ 71.4 $ 65.2