EARNINGS PER SHARE (Tables)

9 Months Ended

Jul. 31, 2022

Earnings Per Share [Abstract]

Schedule of Computation of Class Based Basic and Diluted Earnings Per Share

The Company calculates EPS as follows:

Basic Class A EPS	=	40% * Average Class A Shares Outstanding	*	Undistributed Net Income	+	Class A Dividends Per Share
		40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding		Average Class A Shares Outstanding
Diluted Class A EPS	=	40% * Average Class A Shares Outstanding	*	Undistributed Net Income	+	Class A Dividends Per Share
		40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding		Average Diluted Class A Shares Outstanding
Basic Class B EPS	=	60% * Average Class B Shares Outstanding	*	Undistributed Net Income	+	Class B Dividends Per Share
		40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding		Average Class B Shares Outstanding

         *Diluted Class B EPS calculation is identical to Basic Class B calculation

Schedule of Computation of Earnings Per Share Basic and Diluted

The following table provides EPS information for each period, respectively:

	Three Months Ended July 31,				Nine Months Ended July 31,
(in millions)	2022		2021		2022		2021
Numerator for basic and diluted EPS
Net income attributable to Greif, Inc.	$	141.8	$	113.0	$	277.2	$	286.2
Cash dividends	(27.4)		(26.2)		(82.0)		(78.4)
Undistributed earnings attributable to Greif, Inc.	$	114.4	$	86.8	$	195.2	$	207.8

Schedule of Company's Class A and Class B Common and Treasury Shares

The following table summarizes the shares of the Company’s Class A and Class B Common Stock as of the specified dates:

	Authorized Shares	Issued Shares	Outstanding Shares	Treasury Shares
July 31, 2022
Class A Common Stock	128,000,000	42,281,920	25,606,287	16,675,633
Class B Common Stock	69,120,000	34,560,000	22,007,725	12,552,275
October 31, 2021
Class A Common Stock	128,000,000	42,281,920	26,550,924	15,730,996
Class B Common Stock	69,120,000	34,560,000	22,007,725	12,552,275

Schedule of Reconciliation of Shares Used to Calculate Basic and Diluted Earnings Per Share

The following is a reconciliation of the shares used to calculate basic and diluted earnings per share:

	Three Months Ended July 31,		Nine Months Ended July 31,
	2022	2021	2022	2021
Class A Common Stock:
Basic shares	26,207,808	26,550,924	26,466,619	26,517,064
Assumed conversion of restricted shares	419,175	153,965	255,062	119,880
Diluted shares	26,626,983	26,704,889	26,721,681	26,636,944
Class B Common Stock:
Basic and diluted shares	22,007,725	22,007,725	22,007,725	22,007,725