Company: GEF
Filing Date: 2025-06-05
Form Type: 10-Q
Source: 0000043920-25-000025
Chunk: 11

Company: GREIF, INC
Filing Date: 2025-06-05
Form: 10-Q
Item: Part I, Item 1
Chunk 11
---
.1)Tax withholding payments for stock-based awards(7.4)(10.6)Other, net(3.7)(5.0)Net cash (used in) provided by financing activities(53.7)584.9 Effects of exchange rates on cash34.8 0.8 Net increase in cash and cash equivalents55.0 15.1 Cash and cash equivalents at beginning of period197.7 180.9 Cash and cash equivalents at end of period$252.7 $196.0 

See accompanying Notes to Condensed Consolidated Financial Statements

7

GREIF, INC. AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (UNAUDITED)Three Months Ended April 30, 2025Common StockTreasury StockRetainedEarningsAccumulatedOtherComprehensiveIncome (Loss)Greif,Inc.EquityNoncontrollinginterestsTotalEquity(in millions, except for shares which are in thousands)CommonSharesAmountTreasurySharesAmountAs of January 31, 202547,437 $240.3 29,405 $(277.0)$2,461.7 $(384.6)$2,040.4 $38.5 $2,078.9 Net income47.3 47.3 7.2 54.5 Other comprehensive income (loss):Foreign currency translation117.3 117.3 0.7 118.0 Derivative financial instruments, net of $11.9 million of income tax expense(37.1)(37.1)(37.1)Minimum pension liability adjustment, net of $0.0 million income tax expense(4.3)(4.3)(4.3)Comprehensive income.123.2 131.1 Current period mark to redemption value of redeemable noncontrolling interest(1.1)(1.1)(1.1)Net income allocated to redeemable noncontrolling interests— (2.1)(2.1)Dividends paid to Greif, Inc. shareholders ($0.54 and $0.81 per Class A share and Class B share, respectively)(31.4)(31.4)(31.4)Dividends paid to noncontrolling interests and other— (3.4)(3.4)Dividends