Company: GEF
Filing Date: 2025-08-28
Form Type: 10-Q
Source: 0000043920-25-000048
Chunk: 7

Company: GREIF, INC
Filing Date: 2025-08-28
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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retirement benefit obligations5.5 5.6 Noncurrent liabilities held for sale54.5 59.8 Contingent liabilities and environmental reserves17.1 16.5 Long-term income tax payable— 11.7 Other long-term liabilities168.6 103.8 2,993.9 3,385.8 Commitments and contingencies (Note 10)Redeemable noncontrolling interests91.4 129.9 EquityCommon stock, without par value246.6 230.3 Treasury stock, at cost(276.5)(279.0)Retained earnings2,507.1 2,486.2 Accumulated other comprehensive loss, net of tax:Foreign currency translation(219.1)(314.1)Derivative financial instruments12.5 33.9 Minimum pension liabilities(76.4)(74.9)Total Greif, Inc. shareholders’ equity2,194.2 2,082.4 Noncontrolling interests43.9 35.1 Total shareholders’ equity2,238.1 2,117.5 Total liabilities and shareholders’ equity$6,735.1 $6,647.6 

See accompanying Notes to Condensed Consolidated Financial Statements

6

GREIF, INC. AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)Nine Months Ended July 31,(in millions)20252024Cash flows from operating activities:Net income$138.3 $219.9 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation, depletion and amortization197.7 193.4 Non-cash asset impairment charges27.8 1.9 Gain on disposals of properties, plants and equipment, net(3.7)(6.4)Loss (gain) on disposals of businesses, net2.6 (46.1)Unrealized foreign exchange loss 0.7 9.7 Deferred income tax benefit(0.5)(53.6)Non-cash lease expense44.4 36.6 Other, net1.5 2.1 Increase (decrease) in cash from changes in certain assets and liabilities, net of impacts from acquisitions:Trade accounts receivable(31.8)(82.0