Company: GEF
Filing Date: 2025-02-27
Form Type: 10-Q
Source: 0000043920-25-000009
Chunk: 74

Company: GREIF, INC
Filing Date: 2025-02-27
Form: 10-Q
Item: Part I, Item 8
Chunk 74
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6 8.2 Integrated Solutions4.9 12.1 Total operating profit$59.9 $68.9 Depreciation, depletion and amortization expense:Customized Polymer Solutions$22.9 $12.0 Durable Metal Solutions6.8 7.3 Sustainable Fiber Solutions34.3 38.0 Integrated Solutions2.6 3.1 Total depreciation, depletion and amortization expense$66.6 $60.4 

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The following table presents total assets by segment and total properties, plants and equipment, net by geographic area:(in millions)January 31,2025October 31,2024Assets:Customized Polymer Solutions$1,799.7 $1,818.7 Durable Metal Solutions1,142.4 1,183.8 Sustainable Fiber Solutions2,763.6 2,788.8 Integrated Solutions382.7 403.1 Total segments6,088.4 6,194.4 Corporate and other497.3 453.2 Total assets$6,585.7 $6,647.6 Property, plant and equipment, net and lease right-of-use assets:United States$1,423.8 $1,455.3 Europe, Middle East and Africa358.3 373.7 Asia Pacific and other Americas141.9 146.0 Total long-lived assets, net$1,924.0 $1,975.0 

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ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

GENERAL

The terms “Greif,” “our Company,” “we,” “us” and “our” as used in this discussion refer to Greif, Inc. and its subsidiaries. 

Our 2024 fiscal year began on November 1, 2023 and ended on October 31, 2024. Any references in unaudited interim condensed consolidated financial statements included in this Quarterly Report on Form 10-Q (this “Form 10-Q”) to the 2024 fiscal year or to any quarter of that year, relates to the fiscal year or quarter, as the case may be, ended October 31, 2024, unless otherwise stated. We are changing our fiscal year, effective for the 2025 fiscal year. The 2025 fiscal year began on November