Company: GEF
Filing Date: 2025-11-19
Form Type: 10-KT
Source: 0001628280-25-053146
Chunk: 67

Company: GREIF, INC
Filing Date: 2025-11-19
Form: 10-KT
Chunk 67
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 a decline in actual and expected consumption and demand, could result in changes to those assumptions and judgments. A revision of those assumptions could cause the fair value of the reporting unit to fall below its respective carrying value. If in future years, our reporting units’ actual results are not consistent with our estimates and assumptions used to calculate fair value, we may be required to recognize material impairments to goodwill.

Impact from Discontinued Operations

As a result of the Containerboard Divestiture, the Containerboard Business is presented as discontinued operations and Sustainable Fiber Solutions – Containerboard & Corrugated is no longer an operating segment nor a reporting unit beginning in the third quarter of 2025. Goodwill associated with the Sustainable Fiber Solutions – Containerboard & Corrugated reporting unit has been removed from continued operations presentation.

Tabular Goodwill by Reporting Unit Balance

The following table summarizes the carrying amount of goodwill by reporting unit for the year ended September 30, 2025 (11-month) and October 31, 2024 (recast from the 2024 10-K by allocating goodwill to reporting units under the new organizational structure on a relative fair value basis, with goodwill associated with discontinued operations removed from presentation):

|                                                                                                                               | (in millions) | Goodwill Balance | September 30, 2025 |     |   | October 31, 2024 |
|:------------------------------------------------------------------------------------------------------------------------------|:--------------|:-----------------|-------------------:|:----|:--|-----------------:|
| Customized Polymer Solutions                                                                                                  |               |                  |                    |     |   |                  |
| Small Plastics & Jerrycans                                                                                                    |               | $                |              364.8 |     | $ |            357.7 |
| Large/Medium Plastics                                                                                                         |               |                  |              130.8 |     |   |            128.0 |
| Intermediate Bulk Containers                                                                                                  |               |                  |              126.8 |     |   |            122.2 |
| Durable Metal Solutions                                                                                                       |               |                  |              418.7 |     |   |            401.8 |
| Sustainable Fiber Solutions                                                                                                   |               |                  |                    |     |   |                  |
| Boxboard & Converted                                                                                                          |               |                  |              475.9 |     |   |            475.9 |
| Integrated Solutions                                                                                                          |               |                  |              179.5 |     |   |            169.