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BUSINESS SEGMENT INFORMATION (Tables)
6 Months Ended
Apr. 30, 2023
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 three and six months ended April 30, 2023:
Three Months Ended April 30, 2023
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Global Industrial Packaging$282.1 $338.2 $127.9 $748.2 
Paper Packaging & Services544.6 — 10.2 554.8 
Land Management5.9 — — 5.9 
Total net sales$832.6 $338.2 $138.1 $1,308.9 
Six Months Ended April 30, 2023
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Global Industrial Packaging$541.4 $653.0 $259.6 $1,454.0 
Paper Packaging & Services1,095.1 — 19.9 1,115.0 
Land Management10.9 — — 10.9 
Total net sales$1,647.4 $653.0 $279.5 $2,579.9 
The following tables present net sales disaggregated by geographic area for each reportable segment for the three and six months ended April 30, 2022:
Three Months Ended April 30, 2022
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Global Industrial Packaging$345.1 $459.2 $167.4 $971.7 
Paper Packaging & Services678.5 — 10.8 689.3 
Land Management6.3 — — 6.3 
Total net sales
$1,029.9 $459.2 $178.2 $1,667.3 
Six Months Ended April 30, 2022
(in millions)United StatesEurope, Middle East and AfricaAsia Pacific and Other AmericasTotal
Global Industrial Packaging$663.9 $916.5 $340.4 $1,920.8 
Paper Packaging & Services1,279.3 — 20.0 1,299.3 
Land Management11.5 — — 11.5 
Total net sales
$1,954.7 $916.5 $360.4 $3,231.6 
Schedule of Segment Information
The following segment information is presented for the periods indicated:
 Three Months Ended
April 30,
Six Months Ended
April 30,
(in millions)2023202220232022
Operating profit:
Global Industrial Packaging$111.3 $108.0 $157.2 $139.0 
Paper Packaging & Services67.6 80.1 176.7 118.4 
Land Management2.2 2.0 3.6 4.7 
Total operating profit$181.1 $190.1 $337.5 $262.1 
Depreciation, depletion and amortization expense:
Global Industrial Packaging$23.2 $18.8 $44.6 $39.4 
Paper Packaging & Services32.8 35.1 65.9 73.1 
Land Management0.6 0.7 1.2 1.5 
Total depreciation, depletion and amortization expense$56.6 $54.6 $111.7 $114.0 
Schedule of Properties, Plants and Equipment, Net by Geographical Area
The following table presents total assets by segment and total properties, plants and equipment, net by geographic area:
(in millions)April 30,
2023
October 31,
2022
Assets:
Global Industrial Packaging$2,885.4 $2,308.4 
Paper Packaging & Services2,396.4 2,473.9 
Land Management251.7 250.0 
Total segments5,533.5 5,032.3 
Corporate and other378.0 437.6 
Total assets$5,911.5 $5,469.9 
Long lived assets, net*:
United States$1,410.1 $1,315.6 
Europe, Middle East and Africa321.9 303.7 
Asia Pacific and other Americas90.2 91.6 
Total long-lived assets, net$1,822.2 $1,710.9 
*includes property, plants and equipment, net, operating lease assets and finance lease assets