10-Q Filing

SONOCO PRODUCTS CO CIK: 91767 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000091767-22-000051`
Period End Date	20220630
Filing Date	20220802
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	son-20220703_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 90 Cash Flow Statement 93 Stockholders Equity 61 Comprehensive Income 44

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	97.37M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	97.50M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	97.50M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	97.37M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$175.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$170.98M	USD	Point-in-time
Trade accounts receivable, net of allowances	`AccountsReceivableNetCurrent`	$755.61M	USD	Point-in-time
Trade accounts receivable, net of allowances	`AccountsReceivableNetCurrent`	$1.03B	USD	Point-in-time
Other receivables	`OtherReceivables`	$98.73M	USD	Point-in-time
Other receivables	`OtherReceivables`	$95.94M	USD	Point-in-time
Finished and in process	`InventoryFinishedGoodsAndWorkInProcessNetOfReserves`	$457.14M	USD	Point-in-time
Finished and in process	`InventoryFinishedGoodsAndWorkInProcessNetOfReserves`	$199.82M	USD	Point-in-time
Materials and supplies	`InventoryRawMaterialsAndSuppliesNetOfReserves`	$362.29M	USD	Point-in-time
Materials and supplies	`InventoryRawMaterialsAndSuppliesNetOfReserves`	$517.35M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$102.58M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$74.03M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.66B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.38B	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$1.30B	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$1.63B	USD	Point-in-time
Goodwill	`Goodwill`	$1.66B	USD	Point-in-time
Goodwill	`Goodwill`	$1.32B	USD	Point-in-time
Other Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$278.14M	USD	Point-in-time
Other Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$733.21M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxAssetsNet`	$25.82M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxAssetsNet`	$23.03M	USD	Point-in-time
Right of Use Asset-Operating Leases	`OperatingLeaseRightOfUseAsset`	$268.39M	USD	Point-in-time
Right of Use Asset-Operating Leases	`OperatingLeaseRightOfUseAsset`	$296.64M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$272.97M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$220.21M	USD	Point-in-time
Total Assets	`Assets`	$5.07B	USD	Point-in-time
Total Assets	`Assets`	$6.99B	USD	Point-in-time
Payable to suppliers	`AccountsPayableCurrent`	$721.31M	USD	Point-in-time
Payable to suppliers	`AccountsPayableCurrent`	$938.93M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$386.66M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$381.35M	USD	Point-in-time
Notes payable and current portion of long-term debt	`DebtCurrent`	$399.02M	USD	Point-in-time
Notes payable and current portion of long-term debt	`DebtCurrent`	$411.56M	USD	Point-in-time
Accrued taxes	`AccruedIncomeTaxesCurrent`	$11.54M	USD	Point-in-time
Accrued taxes	`AccruedIncomeTaxesCurrent`	$20.52M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.75B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.53B	USD	Point-in-time
Long-term Debt, Net of Current Portion	`LongTermDebtNoncurrent`	$1.20B	USD	Point-in-time
Long-term Debt, Net of Current Portion	`LongTermDebtNoncurrent`	$2.73B	USD	Point-in-time
Noncurrent Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$234.17M	USD	Point-in-time
Noncurrent Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$254.52M	USD	Point-in-time
Pension and Other Postretirement Benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$153.81M	USD	Point-in-time
Pension and Other Postretirement Benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$158.26M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$130.42M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$70.48M	USD	Point-in-time
Other Liabilities	`OtherLiabilitiesNoncurrent`	$41.32M	USD	Point-in-time
Other Liabilities	`OtherLiabilitiesNoncurrent`	$35.91M	USD	Point-in-time
Authorized 300,000 shares 97,495 and 97,370 shares issued and outstanding at July 3, 2022 and December 31, 2021, respectively	`CommonStockValue`	$7.17M	USD	Point-in-time
Authorized 300,000 shares 97,495 and 97,370 shares issued and outstanding at July 3, 2022 and December 31, 2021, respectively	`CommonStockValue`	$7.17M	USD	Point-in-time
Capital in excess of stated value	`AdditionalPaidInCapitalCommonStock`	$128.33M	USD	Point-in-time
Capital in excess of stated value	`AdditionalPaidInCapitalCommonStock`	$119.69M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-359.43M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-430.68M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.22B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.07B	USD	Point-in-time
Total Sonoco Shareholders Equity	`StockholdersEquity`	$1.93B	USD	Point-in-time
Total Sonoco Shareholders Equity	`StockholdersEquity`	$1.84B	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$6.72M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$12.10M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.85B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.94B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.82B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.91B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.92B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.91B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$6.99B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$5.07B	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.68B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.74B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.38B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.91B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.20B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.53B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.93B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.12B	USD	1 Quarter
Gross profit	`GrossProfit`	$387.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$758.57M	USD	2 Qtrs
Gross profit	`GrossProfit`	$262.65M	USD	1 Quarter
Gross profit	`GrossProfit`	$540.55M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$369.32M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$274.04M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$128.81M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$178.96M	USD	1 Quarter
Restructuring/Asset impairment charges/(income)	`RestructuringCostsAndAssetImpairmentCharges`	$-1.45M	USD	1 Quarter
Restructuring/Asset impairment charges/(income)	`RestructuringCostsAndAssetImpairmentCharges`	$22.70M	USD	2 Qtrs
Restructuring/Asset impairment charges/(income)	`RestructuringCostsAndAssetImpairmentCharges`	$5.40M	USD	2 Qtrs
Restructuring/Asset impairment charges/(income)	`RestructuringCostsAndAssetImpairmentCharges`	$10.56M	USD	1 Quarter
Loss on divestiture of business	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Loss on divestiture of business	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Loss on divestiture of business	`GainLossOnSaleOfBusiness`	$-5.52M	USD	2 Qtrs
Loss on divestiture of business	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$255.60M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$197.48M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$366.54M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$135.29M	USD	1 Quarter
Non-operating pension costs	`OtherNonoperatingIncomeExpense`	$-3.00M	USD	2 Qtrs
Non-operating pension costs	`OtherNonoperatingIncomeExpense`	$-555.01M	USD	1 Quarter
Non-operating pension costs	`OtherNonoperatingIncomeExpense`	$-562.29M	USD	2 Qtrs
Non-operating pension costs	`OtherNonoperatingIncomeExpense`	$-1.68M	USD	1 Quarter
Interest expense	`InterestExpense`	$44.53M	USD	2 Qtrs
Interest expense	`InterestExpense`	$17.51M	USD	1 Quarter
Interest expense	`InterestExpense`	$36.01M	USD	2 Qtrs
Interest expense	`InterestExpense`	$23.95M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.30M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.72M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.49M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$786.00K	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-20.18M	USD	2 Qtrs
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-20.18M	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Income/(Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-454.70M	USD	1 Quarter
Income/(Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$321.31M	USD	2 Qtrs
Income/(Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$172.64M	USD	1 Quarter
Income/(Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-359.40M	USD	2 Qtrs
Provision for/(Benefit from) income taxes	`IncomeTaxExpenseBenefit`	$79.89M	USD	2 Qtrs
Provision for/(Benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-118.15M	USD	1 Quarter
Provision for/(Benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-94.11M	USD	2 Qtrs
Provision for/(Benefit from) income taxes	`IncomeTaxExpenseBenefit`	$44.60M	USD	1 Quarter
Income/(Loss) before equity in earnings of affiliates	`IncomeLossBeforeEquityEarningsInAffiliates`	$-265.30M	USD	2 Qtrs
Income/(Loss) before equity in earnings of affiliates	`IncomeLossBeforeEquityEarningsInAffiliates`	$241.42M	USD	2 Qtrs
Income/(Loss) before equity in earnings of affiliates	`IncomeLossBeforeEquityEarningsInAffiliates`	$128.04M	USD	1 Quarter
Income/(Loss) before equity in earnings of affiliates	`IncomeLossBeforeEquityEarningsInAffiliates`	$-336.55M	USD	1 Quarter
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$3.35M	USD	2 Qtrs
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$5.95M	USD	2 Qtrs
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$2.31M	USD	1 Quarter
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$3.73M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$247.37M	USD	2 Qtrs
Net income/(loss)	`ProfitLoss`	$131.77M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$72.29M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$-334.24M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$115.61M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$-261.95M	USD	2 Qtrs
Net (income)/loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-172.00K	USD	2 Qtrs
Net (income)/loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-169.00K	USD	1 Quarter
Net (income)/loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$369.00K	USD	2 Qtrs
Net (income)/loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$95.00K	USD	1 Quarter
Net income/(loss) attributable to Sonoco	`NetIncomeLoss`	$131.67M	USD	1 Quarter
Net income/(loss) attributable to Sonoco	`NetIncomeLoss`	$247.00M	USD	2 Qtrs
Net income/(loss) attributable to Sonoco	`NetIncomeLoss`	$-261.77M	USD	2 Qtrs
Net income/(loss) attributable to Sonoco	`NetIncomeLoss`	$-334.07M	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	100.08M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	98.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	100.57M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	97.96M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.57M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.62M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.69M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.08M	shares	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$2.52	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.34	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$-2.60	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$-3.34	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-2.60	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.50	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.33	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-3.34	USD	1 Quarter

Cash Flow Statement 93 line items

Line Item	Tag	Value	Unit	Period
Net income/(loss)	`ProfitLoss`	$247.37M	USD	2 Qtrs
Net income/(loss)	`ProfitLoss`	$131.77M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$72.29M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$-334.24M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$115.61M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$-261.95M	USD	2 Qtrs
Asset impairments	`AssetImpairmentCharges`	$4.85M	USD	2 Qtrs
Asset impairments	`AssetImpairmentCharges`	$9.68M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$145.95M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$121.79M	USD	2 Qtrs
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-20.18M	USD	2 Qtrs
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-20.18M	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$19.07M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$11.20M	USD	2 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$3.35M	USD	2 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$5.95M	USD	2 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$2.31M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$3.73M	USD	1 Quarter
Cash dividends from affiliated companies	`EquityMethodInvestmentDividendsOrDistributions`	$3.93M	USD	2 Qtrs
Cash dividends from affiliated companies	`EquityMethodInvestmentDividendsOrDistributions`	$4.37M	USD	2 Qtrs
Net loss/(gain) on disposition of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$648.00K	USD	2 Qtrs
Net loss/(gain) on disposition of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$3.28M	USD	2 Qtrs
Net loss on divestiture of businesses	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Net loss on divestiture of businesses	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Net loss on divestiture of businesses	`GainLossOnSaleOfBusiness`	$-5.52M	USD	2 Qtrs
Net loss on divestiture of businesses	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Pension and postretirement plan expense	`PensionAndOtherPostretirementBenefitExpense`	$4.83M	USD	2 Qtrs
Pension and postretirement plan expense	`PensionAndOtherPostretirementBenefitExpense`	$576.30M	USD	2 Qtrs
Pension and postretirement plan contributions	`PensionAndOtherPostretirementBenefitContributions`	$30.84M	USD	2 Qtrs
Pension and postretirement plan contributions	`PensionAndOtherPostretirementBenefitContributions`	$162.35M	USD	2 Qtrs
Net increase/(decrease) in deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$154.24M	USD	2 Qtrs
Net increase/(decrease) in deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-12.66M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$104.92M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$174.06M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$61.72M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$232.73M	USD	2 Qtrs
Payable to suppliers	`IncreaseDecreaseInAccountsPayableTrade`	$121.05M	USD	2 Qtrs
Payable to suppliers	`IncreaseDecreaseInAccountsPayableTrade`	$148.32M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.58M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.54M	USD	2 Qtrs
Income taxes payable and other income tax items	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$26.45M	USD	2 Qtrs
Income taxes payable and other income tax items	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$7.96M	USD	2 Qtrs
Accrued expenses and other assets and liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-16.44M	USD	2 Qtrs
Accrued expenses and other assets and liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$11.55M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$101.95M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$184.47M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$99.96M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$148.92M	USD	2 Qtrs
Cost of acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.35M	USD	2 Qtrs
Cost of acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.33B	USD	2 Qtrs
Proceeds from the sale of businesses, net	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$86.07M	USD	2 Qtrs
Proceeds from the sale of businesses, net	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	2 Qtrs
Proceeds from the sale of assets	`ProceedsFromSaleOfProductiveAssets`	$4.80M	USD	2 Qtrs
Proceeds from the sale of assets	`ProceedsFromSaleOfProductiveAssets`	$7.43M	USD	2 Qtrs
Other net investing proceeds	`PaymentsForProceedsFromOtherInvestingActivities`	$2.38M	USD	2 Qtrs
Other net investing proceeds	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.30M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.48B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.50M	USD	2 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.57B	USD	2 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$18.36M	USD	2 Qtrs
Principal repayment of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$51.14M	USD	2 Qtrs
Principal repayment of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$259.23M	USD	2 Qtrs
Net change in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$-91.00M	USD	2 Qtrs
Net change in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$128.00M	USD	2 Qtrs
Net decrease in outstanding checks	`IncreaseDecreaseInOutstandingChecksFinancingActivities`	$-15.62M	USD	2 Qtrs
Net decrease in outstanding checks	`IncreaseDecreaseInOutstandingChecksFinancingActivities`	$-14.60M	USD	2 Qtrs
Proceeds from foreign exchange forward contracts and interest rate swaps	`ProceedsFromDerivativeInstrumentFinancingActivities`	-	USD	2 Qtrs
Proceeds from foreign exchange forward contracts and interest rate swaps	`ProceedsFromDerivativeInstrumentFinancingActivities`	$4.39M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$91.53M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$90.40M	USD	2 Qtrs
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$14.47M	USD	2 Qtrs
Excess cash costs of early extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	$20.11M	USD	2 Qtrs
Excess cash costs of early extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	-	USD	2 Qtrs
Payments for share repurchases	`PaymentsForRepurchaseOfCommonStock`	$3.62M	USD	Point-in-time
Payments for share repurchases	`PaymentsForRepurchaseOfCommonStock`	$159.57M	USD	2 Qtrs
Payments for share repurchases	`PaymentsForRepurchaseOfCommonStock`	$3.98M	USD	2 Qtrs
Net cash provided/(used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-394.18M	USD	2 Qtrs
Net cash provided/(used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.30B	USD	2 Qtrs
Effects of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.59M	USD	2 Qtrs
Effects of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.60M	USD	2 Qtrs
Net Increase/(Decrease) in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-301.32M	USD	2 Qtrs
Net Increase/(Decrease) in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.02M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$263.53M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$564.85M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.98M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$175.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$263.53M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$564.85M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.98M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$175.00M	USD	Point-in-time

Stockholders Equity 61 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.85B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.94B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.82B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.91B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.92B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.91B	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	97.50M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	97.37M	shares	Point-in-time
Net income/(loss)	`ProfitLoss`	$247.37M	USD	2 Qtrs
Net income/(loss)	`ProfitLoss`	$131.77M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$72.29M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$-334.24M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$115.61M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$-261.95M	USD	2 Qtrs
Translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-32.54M	USD	1 Quarter
Translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$12.60M	USD	1 Quarter
Translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-19.95M	USD	2 Qtrs
Translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$706.00K	USD	1 Quarter
Translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-69.61M	USD	2 Qtrs
Translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-70.31M	USD	1 Quarter
Defined benefit plan adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-428.13M	USD	2 Qtrs
Defined benefit plan adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-422.75M	USD	1 Quarter
Defined benefit plan adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-191.00K	USD	1 Quarter
Defined benefit plan adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.74M	USD	2 Qtrs
Defined benefit plan adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-5.38M	USD	1 Quarter
Defined benefit plan adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.93M	USD	1 Quarter
Derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$460.00K	USD	2 Qtrs
Derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.09M	USD	1 Quarter
Derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.55M	USD	1 Quarter
Derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$958.00K	USD	1 Quarter
Derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.44M	USD	2 Qtrs
Derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.48M	USD	1 Quarter
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-26.20M	USD	1 Quarter
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$438.82M	USD	1 Quarter
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-74.33M	USD	1 Quarter
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.45M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$45.50M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$48.04M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$45.51M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$44.12M	USD	1 Quarter
Purchase of noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$13.20M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$263.00K	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$364.00K	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$377.00K	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$246.00K	USD	1 Quarter
Shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$574.00K	USD	1 Quarter
Shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$154.52M	USD	1 Quarter
Shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$3.41M	USD	1 Quarter
Shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$5.05M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.83M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.37M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.38M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.69M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.85B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.94B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.82B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.91B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.92B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.91B	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	97.50M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	97.37M	shares	Point-in-time

Comprehensive Income 44 line items

Line Item	Tag	Value	Unit	Period
Net income/(loss)	`ProfitLoss`	$247.37M	USD	2 Qtrs
Net income/(loss)	`ProfitLoss`	$131.77M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$72.29M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$-334.24M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$115.61M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$-261.95M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-32.54M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$12.60M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-19.95M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$706.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-69.61M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-70.31M	USD	1 Quarter
Changes in defined benefit plans, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-428.13M	USD	2 Qtrs
Changes in defined benefit plans, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-422.75M	USD	1 Quarter
Changes in defined benefit plans, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-191.00K	USD	1 Quarter
Changes in defined benefit plans, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.74M	USD	2 Qtrs
Changes in defined benefit plans, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-5.38M	USD	1 Quarter
Changes in defined benefit plans, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.93M	USD	1 Quarter
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$460.00K	USD	2 Qtrs
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.09M	USD	1 Quarter
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.55M	USD	1 Quarter
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$958.00K	USD	1 Quarter
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.44M	USD	2 Qtrs
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.48M	USD	1 Quarter
Other comprehensive (loss)/ income	`OtherComprehensiveIncomeLossNetOfTax`	$-70.89M	USD	2 Qtrs
Other comprehensive (loss)/ income	`OtherComprehensiveIncomeLossNetOfTax`	$-74.33M	USD	1 Quarter
Other comprehensive (loss)/ income	`OtherComprehensiveIncomeLossNetOfTax`	$412.62M	USD	2 Qtrs
Other comprehensive (loss)/ income	`OtherComprehensiveIncomeLossNetOfTax`	$438.82M	USD	1 Quarter
Comprehensive income:	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$57.44M	USD	1 Quarter
Comprehensive income:	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$150.68M	USD	2 Qtrs
Comprehensive income:	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$104.58M	USD	1 Quarter
Comprehensive income:	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$176.49M	USD	2 Qtrs
Less: Net (income)/loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-172.00K	USD	2 Qtrs
Less: Net (income)/loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-169.00K	USD	1 Quarter
Less: Net (income)/loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$369.00K	USD	2 Qtrs
Less: Net (income)/loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$95.00K	USD	1 Quarter
Less: Other comprehensive loss/(income) attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$239.00K	USD	2 Qtrs
Less: Other comprehensive loss/(income) attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$759.00K	USD	1 Quarter
Less: Other comprehensive loss/(income) attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$367.00K	USD	2 Qtrs
Less: Other comprehensive loss/(income) attributable to noncontrolling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-524.00K	USD	1 Quarter
Comprehensive income attributable to Sonoco	`ComprehensiveIncomeNetOfTax`	$150.61M	USD	2 Qtrs
Comprehensive income attributable to Sonoco	`ComprehensiveIncomeNetOfTax`	$175.75M	USD	2 Qtrs
Comprehensive income attributable to Sonoco	`ComprehensiveIncomeNetOfTax`	$57.86M	USD	1 Quarter
Comprehensive income attributable to Sonoco	`ComprehensiveIncomeNetOfTax`	$103.99M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.