Greif Bros. Corporation (GEF) financial statements (2021 and earlier)

Company profile

Business Address 425 WINTER ROAD
DELAWARE, OH 43015
State of Incorp. DE
Fiscal Year End October 31
SIC 3412 - Metal Shipping Barrels, Drums, Kegs, and Pails (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

1/31/2021
Q1
10/31/2020
Q4
7/31/2020
Q2
4/30/2020
Q2
1/31/2020
Q1
10/31/2019
Q4
7/31/2019
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments101 9972917776
Cash and cash equivalents101 9972917776
Receivables680 625641642664725
Prepaid expense53 4950554450
Disposal group, including discontinued operation57 66543
Other current assets120 128899410179
Other undisclosed current assets336 401390422358409
Total current assets:1,346 1,3061,2481,3081,2491,342
Noncurrent Assets
Finance lease, right-of-use asset  555  
Operating lease, right-of-use asset300 318321327  
Property, plant and equipment1,515 1,5891,5961,6651,6901,678
Intangible assets, net (including goodwill)2,231 2,2322,2152,2812,3072,356
Goodwill1,530 1,5051,4751,5221,5181,562
Intangible assets, net (excluding goodwill)700 726740759790794
Deferred income tax assets28 1414151615
Other noncurrent assets114 97100909198
Other undisclosed noncurrent assets32 333031(4,099)63
Total noncurrent assets:4,220 4,2884,2814,41464,211
Other undisclosed assets     4,172 
TOTAL ASSETS:5,567 5,5945,5295,7225,4275,552
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities563 522505490578584
Accounts payable468 436418390435459
Employee-related liabilities95 8686101142126
Debt180 1041421519393
Restructuring reserve19 207101111
Other liabilities177 174145131144149
Other undisclosed current liabilities52 954242  
Total current liabilities:991 915841824825837
Noncurrent Liabilities
Long-term debt and lease obligation2,610 2,8032,8662,9902,6592,786
Long-term debt, excluding current maturities2,360 2,5352,5952,7192,6592,786
Operating lease, liability251 268271271  
Liabilities, other than long-term debt684 667668666687688
Accounts payable and accrued liabilities28 2828282844
Deferred income tax liabilities365 301310313313347
Liability, pension and other postretirement and postemployment benefits123 150150155190146
Accrued environmental loss contingencies20 2019191919
Financial instruments subject to mandatory redemption, settlement terms, share value, amount8 88888
Other liabilities141 160154144129124
Other undisclosed noncurrent liabilities     4343
Total noncurrent liabilities:3,294 3,4693,5333,6573,3893,517
Total liabilities:4,285 4,3844,3744,4814,2144,354
Temporary equity, carrying amount19 1920182123
Stockholders' equity
Stockholders' equity attributable to parent, including:1,205 1,1411,0831,1641,1331,121
Common stock175 170169163163163
Treasury stock, value(134) (134)(134)(135)(135)(135)
Accumulated other comprehensive loss   (448)(400)(421)(399)
Retained earnings1,542 1,5271,5321,5491,5391,499
Other undisclosed stockholders' equity attributable to parent(378) (421)(36)(13)(13)(7)
Stockholders' equity attributable to noncontrolling interest57 5052595855
Total stockholders' equity:1,263 1,1911,1351,2231,1911,176
TOTAL LIABILITIES AND EQUITY:5,567 5,5945,5295,7225,4275,552

Income statement (P&L) ($ in millions)

1/31/2021
Q1
10/31/2020
Q4
7/31/2020
Q2
4/30/2020
Q2
1/31/2020
Q1
10/31/2019
Q4
7/31/2019
Q3
Revenues1,147 1,0831,1581,1121,2321,253
Cost of revenue
(Cost of Goods and Services Sold)
(934) (863)(918)(890)(973)(973)
Gross profit:212 220241223259279
Operating expenses(142) (158)(169)(143)(142)(155)
Other undisclosed operating income (loss)     (1)1
Operating income:70 627279116126
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
  (1)(1)(1)(2)1
Interest and debt expense      (0)
Other undisclosed loss from continuing operations before equity method investments, income taxes(34) (30)(29)(31)(32)(35)
Income from continuing operations before equity method investments, income taxes:36 3142478292
Income from equity method investments1 01012
Income from continuing operations before income taxes:37 3142488294
Income tax expense(6) (7)(27)(11)(12)(27)
Net income:31 2416367068
Net loss attributable to noncontrolling interest(8) (4)(4)(4)(5)(5)
Net income available to common stockholders, diluted:23 2111326563

Comprehensive Income ($ in millions)

1/31/2021
Q1
10/31/2020
Q4
7/31/2020
Q2
4/30/2020
Q2
1/31/2020
Q1
10/31/2019
Q4
7/31/2019
Q3
Net income:31 2416367068
Other comprehensive income (loss)52 59(74)19(27)(4)
Comprehensive income (loss):83 84(58)554364
Comprehensive loss, net of tax, attributable to noncontrolling interest(10) (1)(1)(2)(5)(6)
Comprehensive income (loss), net of tax, attributable to parent:73 83(59)533858

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: