Greif Inc. (GEF) Financial Statements (2023 and Earlier)

Company Profile

Business Address 425 WINTER ROAD
DELAWARE, OH 43015
State of Incorp. DE
Fiscal Year End October 31
Industry (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)

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1201251067794142104
Cash and cash equivalents1201251067794142104
Receivables816890637664457447399
Inventory, net of allowances, customer advances and progress billings      277
Inventory      277
Prepaid expense525443444035 
Disposal group, including discontinued operation14075744212
Other current assets88901161019288128
Other undisclosed current assets488499345358290280 
Total current assets:1,7041,6641,3031,249977995920
Noncurrent Assets
Finance lease, right-of-use asset  5 
Operating lease, right-of-use asset287289308 
Property, plant and equipment1,4571,5211,5271,6901,1921,1881,164
Intangible assets, net (including goodwill)2,1292,1772,2472,307870897910
Goodwill1,5011,5151,5181,518776785786
Intangible assets, net (excluding goodwill)62866272979094111124
Deferred income tax assets8161116
Other noncurrent assets13312199911009490
Defined benefit plan, assets for plan benefits22
Other undisclosed noncurrent assets502711(4,099)(2,152)(2,176)(2,167)
Total noncurrent assets:4,0634,1524,208611419
Other undisclosed assets   4,1722,2072,2342,214
TOTAL ASSETS:5,7675,8165,5115,4273,1953,2323,153
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities722865573578518511466
Accounts payable620705451435404399372
Employee-related liabilities10216012214211411294
Debt15817115393263052
Restructuring reserve172022114510
Disposal group, including discontinued operation841     
Other liabilities246203158144122142132
Other undisclosed current liabilities545494    
Total current liabilities:1,2811,3141,000825670688659
Noncurrent Liabilities
Long-term debt and lease obligation2,3762,2942,5932,659884938975
Long-term debt, excluding current maturities2,1392,0552,3362,659884938975
Operating lease, liability237240258 
Liabilities, other than long-term debt534608697687228267486
Accounts payable and accrued liabilities2828282846  
Deferred tax liabilities, net  193
Deferred income tax liabilities319318339313
Liability, pension and other postretirement and postemployment benefits848914919089172194
Accrued environmental loss contingencies20202019777
Financial instruments subject to mandatory redemption, settlement terms, share value, amount  8899 
Other liabilities82153152129787893
Other undisclosed noncurrent liabilities   4322326143
Total noncurrent liabilities:2,9102,9023,2903,3891,3351,4651,504
Total liabilities:4,1904,2164,2904,2142,0052,1532,163
Temporary equity, carrying amount19242021363232
Stockholders' equity
Stockholders' equity attributable to parent, including:1,4931,5141,1521,1331,1081,011947
Common stock183179170163151144141
Treasury stock, value(134)(134)(134)(135)(135)(136)(136)
Accumulated other comprehensive loss(369)(357) (421)(391)(358)(398)
Retained earnings1,8131,8261,5441,5391,4701,3611,340
Other undisclosed stockholders' equity attributable to parent  (428)(13)13  
Stockholders' equity attributable to noncontrolling interest64614958463711
Total stockholders' equity:1,5571,5761,2011,1911,1541,048958
TOTAL LIABILITIES AND EQUITY:5,7675,8165,5115,4273,1953,2323,153

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

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
Revenues5,9745,5564,5154,5953,8743,6383,324
Revenue, net3,6383,324
Cost of revenue
(Cost of Goods and Services Sold)
(4,803)(4,463)(3,600)(3,635)(3,085)(2,924)(2,639)
Gross profit:1,1711,093915960789715685
Operating expenses(679)(508)(591)(567)(416)(395)(418)
Other undisclosed operating income (loss)96 (19)6(3)(48)(41)
Operating income:587585305399371272226
Nonoperating expense
(Other Nonoperating expense)
(7)(5)(3)(3)(18)(12)(9)
Interest and debt expense   (22)   
Other undisclosed loss from continuing operations before equity method investments, income taxes(85)(102)(116)(113)(52)(60)(75)
Income from continuing operations before equity method investments, income taxes:495479186262300200141
Income from equity method investments5423321
Income from continuing operations before income taxes:500483188265303202142
Income tax expense(99)(70)(63)(71)(73)(67)(67)
Net income:40141312419423013576
Net loss attributable to noncontrolling interest(23)(23)(16)(23)(20)(17)(1)
Net income available to common stockholders, diluted:37839110917120911975

Comprehensive Income ($ in millions)

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
Net income:40141312419423013576
Other comprehensive income (loss)170(7)(56)(22)57(25)
Comprehensive income:40248311813820819251
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(15)(21)(3)(24)(18)(33)3
Comprehensive income, net of tax, attributable to parent:38746211511419015954

Statements Sources

The financial statements are based on the Company's filings with 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: