Company: GEF
Filing Date: 2025-02-27
Form Type: 10-Q
Source: 0000043920-25-000009
Chunk: 4

Company: GREIF, INC
Filing Date: 2025-02-27
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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 stock$0.80 $0.77 

See accompanying Notes to Condensed Consolidated Financial Statements

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Table of Content

GREIF, INC. AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED)Three Months EndedJanuary 31,(in millions)20252024Net income $14.4 $74.3 Other comprehensive income (loss), net of tax:Foreign currency translation(41.0)27.6 Derivative financial instruments8.8 (36.2)Minimum pension liabilities2.4 (2.7)Other comprehensive loss, net of tax(29.8)(11.3)Comprehensive (loss) income(15.4)63.0 Comprehensive income attributable to noncontrolling interests5.5 7.1 Comprehensive (loss) income attributable to Greif, Inc.$(20.9)$55.9 

See accompanying Notes to Condensed Consolidated Financial Statements

4

Table of Content

GREIF, INC. AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)(in millions)January 31,2025October 31,2024ASSETSCurrent assetsCash and cash equivalents$201.1 $197.7 Trade accounts receivable, net of allowance706.0 746.9 Inventories:Raw materials312.5 299.6 Finished goods104.2 99.9 Assets held for sale4.2 3.1 Prepaid expenses86.0 55.8 Other current assets183.1 146.4 1,597.1 1,549.4 Long-term assetsGoodwill1,941.6 1,953.7 Other intangible assets, net of amortization908.3 937.1 Deferred tax assets32.6 36.9 Pension assets46.9 46.0 Operating lease right-of-use assets269.7 284.5 Finance lease right-of-use assets37.0 38.4 Other long-term assets135.2 149.5 3,371.3 3,446.1 Properties, plants and equipmentTimber properties, net of depletion231.4 231.2 Land155.5 158.0