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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2020
Net sales $ 6,349.5 $ 5,556.1 $ 4,515.0
Costs of products sold 5,064.1 4,463.1 3,600.3
Gross profit 1,285.4 1,093.0 914.7
Selling, general and administrative expenses 581.0 565.9 516.0
Restructuring charges 13.0 23.1 38.7
Timberland gains, net 0.0 (95.7) 0.0
Acquisition and integration related costs 8.7 9.1 17.0
Non-cash asset impairment charges 71.0 8.9 18.5
Gain on disposal of properties, plants and equipment, net (8.1) (3.7) (19.2)
(Gain) Loss on disposal of businesses, net (1.4) 0.2 38.8
Operating profit 621.2 585.2 304.9
Interest expense, net 61.2 92.7 115.8
Debt extinguishment charges 25.4 0.0 0.0
Non-cash pension settlement charges 0.0 9.1 0.3
Other expense, net 8.9 4.8 2.7
Income before income tax expense and equity earnings of unconsolidated affiliates, net 525.7 478.6 186.1
Income tax expense 137.1 69.6 63.3
Equity earnings of unconsolidated affiliates, net of tax (5.4) (4.2) (1.5)
Net income 394.0 413.2 124.3
Net income attributable to noncontrolling interests (17.3) (22.5) (15.5)
Net income attributable to Greif, Inc. $ 376.7 $ 390.7 $ 108.8
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) $ 6.36 $ 6.57 $ 1.83
Diluted earnings per share attributed to Greif, Inc. common shareholders:      
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) 6.30 6.54 1.83
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) 9.53 9.84 2.74
Diluted earnings per share attributed to Greif, Inc. common shareholders:      
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 9.53 $ 9.84 $ 2.74