Company: GEF
Filing Date: 2025-02-27
Form Type: 10-Q
Source: 0000043920-25-000009
Chunk: 29

Company: GREIF, INC
Filing Date: 2025-02-27
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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 three months ended January 31, 2025:(in millions)ForeignCurrencyTranslationDerivative Financial InstrumentsMinimumPensionLiabilityAdjustmentAccumulatedOtherComprehensiveIncome (Loss)Balance as of October 31, 2024$(314.1)$33.9 $(74.9)$(355.1)Other comprehensive income (loss)(40.7)8.8 2.4 (29.5)Balance as of January 31, 2025$(354.8)$42.7 $(72.5)$(384.6)

21

The following table provides the rollforward of accumulated other comprehensive income (loss) for the three months ended January 31, 2024:(in millions)Foreign CurrencyTranslationDerivativeFinancialInstrumentsMinimum PensionLiability AdjustmentAccumulated OtherComprehensiveIncome (Loss)Balance as of October 31, 2023$(317.7)$71.7 $(70.5)$(316.5)Other comprehensive income (loss)27.6 (36.2)(2.7)(11.3)Balance as of January 31, 2024$(290.1)$35.5 $(73.2)$(327.8)The components of accumulated other comprehensive income (loss) above are presented net of tax, as applicable.

NOTE 13 — BUSINESS SEGMENT INFORMATION

As previously announced, effective November 1, 2024, the Company implemented changes to its reporting structure, moving to a material solution-based structure. The Company realigned its organizational structure to four operating segments and four reportable business segments: Customized Polymer Solutions; Durable Metal Solutions; Sustainable Fiber Solutions; and Integrated Solutions.The Company’s reportable business segments offer different products and services. The products and services included in each of these reportable segments are as follows:•Customized Polymer Solutions: Operations in the Customized Polymer Solutions reportable segment involve the production and sale of a comprehensive line of polymer based packaging products, such as plastic drums, rigid intermediate bulk containers and small plastics. The polymer-based packaging products and services are sold on a global basis to customers in industries such as chemicals, food and beverage, agricultural, pharmaceutical and mineral products, among others.•Durable Metal Solutions: Operations in the Durable Metal Solutions reportable segment involve the production and sale of metal-based packaging products, including a wide variety of steel drums. The metal-based packaging products are sold on a global basis to customers in industries such as chemicals, petroleum