Company: GEF
Filing Date: 2025-02-27
Form Type: 10-Q
Source: 0000043920-25-000009
Chunk: 5

Company: GREIF, INC
Filing Date: 2025-02-27
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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 Buildings584.4 605.6 Machinery and equipment2,290.6 2,308.7 Capital projects in progress169.0 159.6 3,430.9 3,463.1 Accumulated depreciation(1,813.6)(1,811.0)1,617.3 1,652.1 Total assets$6,585.7 $6,647.6 

See accompanying Notes to Condensed Consolidated Financial Statements

5

GREIF, INC. AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)(in millions)January 31,2025October 31,2024LIABILITIES AND SHAREHOLDERS’ EQUITYCurrent liabilitiesAccounts payable$473.3 $521.9 Accrued payroll and employee benefits106.6 156.9 Restructuring reserves4.9 4.9 Current portion of long-term debt95.8 95.8 Short-term borrowings322.2 18.6 Current portion of operating lease liabilities55.4 56.5 Current portion of finance lease liabilities5.9 5.6 Other current liabilities153.7 154.2 1,217.8 1,014.4 Long-term liabilitiesLong-term debt2,422.2 2,626.2 Operating lease liabilities216.3 230.2 Finance lease liabilities30.8 34.2 Deferred tax liabilities299.3 295.1 Pension liabilities57.9 59.2 Postretirement benefit obligations5.6 5.6 Contingent liabilities and environmental reserves19.5 19.1 Long-term income tax payable— 11.7 Other long-term liabilities106.4 104.5 3,158.0 3,385.8 Commitments and contingencies (Note 10)Redeemable noncontrolling interests131.0 129.9 EquityCommon stock, without par value240.3 230.3 Treasury stock, at cost(277.0)(279.0)Retained earnings2,461.7 2,486.2 Accumulated other comprehensive loss, net of tax:Foreign currency translation(354.8)(314.1)Derivative financial instruments 42.7