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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 31, 2023
Oct. 31, 2022
Current assets    
Cash and cash equivalents $ 180.9 $ 147.1
Trade accounts receivable, net of allowance 659.4 749.1
Inventories:    
Raw materials 255.8 316.0
Finished goods 82.8 87.3
Assets held for sale 5.0 1.3
Prepaid expenses 46.0 57.3
Other current assets 139.2 141.3
Total current assets 1,369.1 1,499.4
Long-term assets    
Goodwill 1,693.0 1,464.5
Other intangible assets, net of amortization 792.2 576.2
Deferred tax assets 22.9 10.1
Pension assets 36.2 30.8
Operating lease assets 290.3 254.7
Finance lease assets 30.5 1.2
Other long-term assets 164.0 178.0
Total long-term assets 3,029.1 2,515.5
Properties, plants and equipment    
Timber properties, net of depletion 229.6 226.8
Land 153.7 154.8
Buildings 544.3 515.1
Machinery and equipment 2,138.8 1,968.3
Capital projects in progress 200.5 182.9
Properties, plants and equipment, gross 3,266.9 3,047.9
Accumulated depreciation (1,704.3) (1,592.9)
Properties, plants and equipment, net 1,562.6 1,455.0
Total assets 5,960.8 5,469.9
Current liabilities    
Accounts payable 497.8 561.3
Accrued payroll and employee benefits 137.7 174.4
Restructuring reserves 16.8 12.3
Current portion of long-term debt 88.3 71.1
Short-term borrowings 5.4 5.7
Current portion of operating lease liabilities 53.8 48.9
Current portion of finance lease liabilities 3.4 0.9
Other current liabilities 136.1 173.3
Total current liabilities 939.3 1,047.9
Long-term liabilities    
Long-term debt 2,121.4 1,839.3
Operating lease liabilities 240.2 209.4
Finance lease liabilities 27.9 0.2
Deferred tax liabilities 325.6 343.6
Pension liabilities 56.3 58.0
Post-retirement benefit obligations 6.2 7.2
Contingent liabilities and environmental reserves 17.3 19.0
Long-term income tax payable 21.2 25.6
Other long-term liabilities 93.8 109.6
Total long-term liabilities 2,909.9 2,611.9
Commitments and Contingencies (Note 10)
Redeemable Noncontrolling Interests (Note 15) 125.3 15.8
Equity    
Common stock, without par value 208.4 173.5
Treasury stock, at cost (281.9) (205.1)
Retained earnings 2,337.9 2,095.2
Accumulated other comprehensive income (loss), net of tax:    
Foreign currency translation (317.7) (316.5)
Derivative financial instruments 71.7 72.8
Minimum pension liabilities (70.5) (58.6)
Total Greif, Inc. shareholders’ equity 1,947.9 1,761.3
Noncontrolling interests 38.4 33.0
Total shareholders’ equity 1,986.3 1,794.3
Total liabilities and shareholders’ equity $ 5,960.8 $ 5,469.9