Company: GEF
Filing Date: 2025-06-05
Form Type: 10-Q
Source: 0000043920-25-000025
Chunk: 9

Company: GREIF, INC
Filing Date: 2025-06-05
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 payable$531.6 $521.9 Accrued payroll and employee benefits110.1 156.9 Restructuring reserves11.7 4.9 Current portion of long-term debt95.8 95.8 Short-term borrowings388.5 18.6 Current portion of operating lease liabilities54.2 56.5 Current portion of finance lease liabilities5.8 5.6 Other current liabilities188.1 154.2 1,385.8 1,014.4 Long-term liabilitiesLong-term debt2,290.9 2,626.2 Operating lease liabilities207.5 230.2 Finance lease liabilities30.7 34.2 Deferred tax liabilities289.5 295.1 Pension liabilities60.3 59.2 Postretirement benefit obligations5.5 5.6 Contingent liabilities and environmental reserves19.8 19.1 Long-term income tax payable— 11.7 Other long-term liabilities158.2 104.5 3,062.4 3,385.8 Commitments and contingencies (Note 10)Redeemable noncontrolling interests131.2 129.9 EquityCommon stock, without par value243.2 230.3 Treasury stock, at cost(276.8)(279.0)Retained earnings2,476.4 2,486.2 Accumulated other comprehensive loss, net of tax:Foreign currency translation(237.5)(314.1)Derivative financial instruments 5.6 33.9 Minimum pension liabilities(76.8)(74.9)Total Greif, Inc. shareholders’ equity2,134.1 2,082.4 Noncontrolling interests40.9 35.1 Total shareholders’ equity2,175.0 2,117.5 Total liabilities and shareholders’ equity$6,754.4 $6,647.6 

See accompanying Notes to Condensed Consolidated Financial Statements

6

GREIF, INC. AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)Six Months Ended April 30,(in millions)20252024Cash flows from operating activities:Net income $68.9 $126.3 Adjustments to reconcile net