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
TTM
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1011067794142104106
Cash and cash equivalents1011067794142104106
Receivables680637664457447399404
Inventory, net of allowances, customer advances and progress billings     277297
Inventory     277297
Prepaid expense5343444035  
Disposal group, including discontinued operation57574421217
Other current assets1201161019288128159
Other undisclosed current assets336345358290280 25
Total current assets:1,3461,3031,2499779959201,009
Noncurrent Assets
Finance lease, right-of-use asset 5 
Operating lease, right-of-use asset300308 
Property, plant and equipment1,5151,5271,6901,1921,1881,1641,218
Intangible assets, net (including goodwill)2,2312,2472,307870897910953
Goodwill1,5301,5181,518776785786807
Intangible assets, net (excluding goodwill)70072979094111124146
Deferred income tax assets281116
Other noncurrent assets1149991100949091
Defined benefit plan, assets for plan benefits22 
Other undisclosed noncurrent assets3211(4,099)(2,152)(2,176)(2,167)(2,201)
Total noncurrent assets:4,2204,20861141961
Other undisclosed assets  4,1722,2072,2342,2142,247
TOTAL ASSETS:5,5675,5115,4273,1953,2323,1533,316
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities563573578518511466439
Accounts payable468451435404399372355
Employee-related liabilities951221421141129484
Debt1801539326305271
Restructuring reserve192211451021
Disposal group, including discontinued operation      2
Deferred tax liabilities   2
Other liabilities177158144122142132111
Other undisclosed current liabilities5294     
Total current liabilities:9911,000825670688659647
Noncurrent Liabilities
Long-term debt and lease obligation2,6102,5932,6598849389751,116
Long-term debt, excluding current maturities2,3602,3362,6598849389751,116
Operating lease, liability251258 
Liabilities, other than long-term debt684697687228267486449
Accounts payable and accrued liabilities28282846   
Deferred tax liabilities, net  193215
Deferred income tax liabilities365339313
Liability, pension and other postretirement and postemployment benefits12314919089172194156
Accrued environmental loss contingencies2020197778
Financial instruments subject to mandatory redemption, settlement terms, share value, amount88899  
Other liabilities14115212978789370
Other undisclosed noncurrent liabilities  432232614343
Total noncurrent liabilities:3,2943,2903,3891,3351,4651,5041,609
Total liabilities:4,2854,2904,2142,0052,1532,1632,256
Temporary equity, carrying amount192021363232 
Stockholders' equity
Stockholders' equity attributable to parent, including:1,2051,1521,1331,1081,0119471,016
Common stock175170163151144141139
Treasury stock, value(134)(134)(135)(135)(136)(136)(131)
Accumulated other comprehensive loss  (421)(391)(358)(398)(377)
Retained earnings1,5421,5441,5391,4701,3611,3401,385
Other undisclosed stockholders' equity attributable to parent(378)(428)(13)13   
Stockholders' equity attributable to noncontrolling interest57495846371144
Total stockholders' equity:1,2631,2011,1911,1541,0489581,060
TOTAL LIABILITIES AND EQUITY:5,5675,5115,4273,1953,2323,1533,316

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

1/31/2021
TTM
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
Revenues3,3884,5154,5953,8743,6383,3243,617
Revenue, net3,6383,3243,617
Cost of revenue
(Cost of Goods and Services Sold)
(2,715)(3,600)(3,635)(3,085)(2,924)(2,639)(2,947)
Gross profit:673915960789715685670
Operating expenses(469)(591)(567)(416)(395)(418)(527)
Other undisclosed operating income (loss) (19)6(3)(48)(41)50
Operating income:204305399371272226193
Nonoperating expense
(Other Nonoperating expense)
(2)(3)(3)(18)(12)(9)(3)
Interest and debt expense  (22)    
Other undisclosed loss from continuing operations before equity method investments, income taxes(93)(116)(113)(52)(60)(75)(75)
Income from continuing operations before equity method investments, income taxes:109186262300200141115
Income from equity method investments2233211
Income from continuing operations before income taxes:111188265303202142116
Income tax expense(40)(63)(71)(73)(67)(67)(48)
Net income:711241942301357667
Net income (loss) attributable to noncontrolling interest(16)(16)(23)(20)(17)(1)5
Net income available to common stockholders, diluted:561091712091197572

Comprehensive Income ($ in millions)

1/31/2021
TTM
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
Net income:711241942301357667
Other comprehensive income (loss)37(7)(56)(22)57(25)(122)
Comprehensive income (loss):10811813820819251(55)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(12)(3)(24)(18)(33)324
Comprehensive income (loss), net of tax, attributable to parent:9711511419015954(31)

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.

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