Company: GEF
Filing Date: 2025-06-05
Form Type: 10-Q
Source: 0000043920-25-000025
Chunk: 10

Company: GREIF, INC
Filing Date: 2025-06-05
Form: 10-Q
Item: Part I, Item 1
Chunk 10
---
 income to net cash provided by operating activities:Depreciation, depletion and amortization133.0 126.3 Non-cash asset impairment charges24.4 1.7 Gain on disposals of properties, plants and equipment, net(1.1)(3.0)Loss on disposals of businesses, net1.4 — Unrealized foreign exchange loss 0.6 9.5 Deferred income tax benefit(3.2)(53.4)Non-cash lease expense36.3 33.0 Other, net0.8 1.2 Increase (decrease) in cash from changes in certain assets and liabilities, net of impacts from acquisitions:Trade accounts receivable(42.7)(65.9)Inventories(23.6)(37.5)Accounts payable3.3 49.1 Restructuring reserves6.7 (10.6)Operating leases(36.4)(32.8)Pension and post-retirement benefit liabilities(3.6)(7.9)Other, net(59.2)(44.0)Net cash provided by operating activities105.6 92.0 Cash flows from investing activities:Purchases of business, net of cash acquired(4.6)(567.6)Purchases of properties, plants and equipment(65.7)(96.6)Purchases of timber properties(2.3)(3.1)Payments for deferred purchase price of acquisitions(1.2)(1.2)Proceeds from the sale of properties, plants, equipment and other assets20.5 5.9 Payments for the sale of businesses(0.9)— Proceeds from hedging derivatives22.5 — Net cash used in investing activities(31.7)(662.6)Cash flows from financing activities:Proceeds from issuance of long-term debt1,060.4 1,571.6 Payments on long-term debt(1,041.4)(902.6)Proceeds (payments) on short-term borrowings, net(11.3)6.4 Proceeds from trade accounts receivable credit facility174.6 44.1 Payments on trade accounts receivable credit facility(156.9)(49.2)Dividends paid to Greif, Inc. shareholders(62.4)(59.7)Dividends paid to noncontrolling interests(5.6)(10