EARNINGS PER SHARE (Tables)

6 Months Ended

Apr. 30, 2023

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 April 30,				Six Months Ended April 30,
(in millions)	2023		2022		2023		2022
Numerator for basic and diluted EPS
Net income attributable to Greif, Inc.	$	111.2	$	125.1	$	201.1	$	135.4
Cash dividends	(29.0)		(27.4)		(57.9)		(54.6)
Undistributed earnings attributable to Greif, Inc.	$	82.2	$	97.7	$	143.2	$	80.8

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
April 30, 2023
Class A Common Stock	128,000,000	42,281,920	25,473,248	16,808,672
Class B Common Stock	69,120,000	34,560,000	21,387,921	13,172,079
October 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	21,836,745	12,723,255

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 April 30,		Six Months Ended April 30,
	2023	2022	2023	2022
Class A Common Stock:
Basic shares	25,771,973	26,618,116	25,712,178	26,596,024
Assumed conversion of restricted shares	413,922	194,898	274,499	180,522
Diluted shares	26,185,895	26,813,014	25,986,677	26,776,546
Class B Common Stock:
Basic and diluted shares	21,495,741	22,007,725	21,608,671	22,007,725