XML 52 R37.htm IDEA: XBRL DOCUMENT v3.21.2
BUSINESS SEGMENT INFORMATION (Tables)
12 Months Ended
Oct. 31, 2021
Segment Reporting [Abstract]  
Schedule of Revenue from External Customers by Geographic Areas
The following tables present net sales disaggregated by geographic area for each reportable segment for the year ended October 31, 2021:
Year Ended October 31, 2021
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Global Industrial Packaging$1,044.5 $1,673.9 $598.3 $3,316.7 
Paper Packaging & Services2,182.0 — 36.4 2,218.4 
Land Management21.0 — — 21.0 
Total net sales$3,247.5 $1,673.9 $634.7 $5,556.1 
The following tables present net sales disaggregated by geographic area for each reportable segment for the year ended October 31, 2020:
Year Ended October 31, 2020
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Global Industrial Packaging$842.2 $1,288.8 $440.8 $2,571.8 
Paper Packaging & Services1,888.4 — 28.5 1,916.9 
Land Management26.3 — — 26.3 
Total net sales
$2,756.9 $1,288.8 $469.3 $4,515.0 
Schedule of Segment Information
The following reportable segment information is presented for each of the three years in the period ended October 31:
(in millions)202120202019
Operating profit:
Global Industrial Packaging$350.2 $225.4 $204.9 
Paper Packaging & Services131.0 71.0 184.3 
Land Management104.0 8.5 9.9 
Total operating profit$585.2 $304.9 $399.1 
Depreciation, depletion and amortization expense:
Global Industrial Packaging$83.1 $84.5 $82.5 
Paper Packaging & Services148.0 153.5 119.3 
Land Management3.3 4.5 4.3 
Total depreciation, depletion and amortization expense$234.4 $242.5 $206.1 
Capital expenditures:
Global Industrial Packaging$71.1 $55.8 $58.4 
Paper Packaging & Services79.9 61.4 81.2 
Land Management0.2 0.2 0.2 
Total segment151.2 117.4 139.8 
Corporate and other11.0 12.6 17.1 
Total capital expenditures$162.2 $130.0 $156.9 
Schedule of Properties, Plants and Equipment, Net by Geographical Area
The following table presents total assets by reportable segment and total long lived assets, net by geographic area:
(in millions)October 31, 2021October 31, 2020October 31, 2019
Assets:
Global Industrial Packaging$2,735.1 $2,338.5 $2,154.5 
Paper Packaging & Services2,506.5 2,524.3 2,686.3 
Land Management249.2 348.6 348.7 
Total segment5,490.8 5,211.4 5,189.5 
Corporate and other325.0 299.5 237.2 
Total assets$5,815.8 $5,510.9 $5,426.7 
Long lived assets, net*:
United States$1,321.8 $1,345.8 $1,295.8 
Europe, Middle East, and Africa374.5 377.6 277.1 
Asia Pacific and other Americas114.3 111.0 117.4 
Total properties, plants and equipment, net$1,810.6 $1,834.4 $1,690.3 
 *includes impact of capitalization of operating lease assets