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10-K Filing

SONOCO PRODUCTS CO CIK: 91767 FY 2022
Filing Information
Form Type 10-K
Accession Number 0000091767-23-000008
Period End Date 20221231
Filing Date 20230228
Fiscal Year 2022
Fiscal Period FY
XBRL Instance son-20221231_htm.xml
Balance Sheet 87 line items
Line Item Tag Value Unit Period
Allowances for trade accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $19.65M USD Point-in-time
Allowances for trade accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $16.88M USD Point-in-time
Preferred stock, authorized (in shares) PreferredStockSharesAuthorized 30.00M shares Point-in-time
Preferred stock, authorized (in shares) PreferredStockSharesAuthorized 30.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $227.44M USD Point-in-time
Preferred stock, issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $170.98M USD Point-in-time
Preferred stock, issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Trade accounts receivable, net of allowances of $16,879 in 2022 and $19,651 in 2021 AccountsReceivableNetCurrent $755.61M USD Point-in-time
Trade accounts receivable, net of allowances of $16,879 in 2022 and $19,651 in 2021 AccountsReceivableNetCurrent $862.71M USD Point-in-time
Preferred stock, outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Other receivables OtherReceivables $95.94M USD Point-in-time
Other receivables OtherReceivables $99.49M USD Point-in-time
Common stock, authorized (in shares) CommonStockSharesAuthorized 300.00M shares Point-in-time
Common stock, authorized (in shares) CommonStockSharesAuthorized 300.00M shares Point-in-time
Common stock, issued (in shares) CommonStockSharesIssued 97.64M shares Point-in-time
Common stock, issued (in shares) CommonStockSharesIssued 97.37M shares Point-in-time
Finished and in process InventoryFinishedGoodsAndWorkInProcessNetOfReserves $453.98M USD Point-in-time
Common stock, outstanding (in shares) CommonStockSharesOutstanding 97.37M shares Point-in-time
Common stock, outstanding (in shares) CommonStockSharesOutstanding 97.64M shares Point-in-time
Finished and in process InventoryFinishedGoodsAndWorkInProcessNetOfReserves $199.82M USD Point-in-time
Materials and supplies InventoryRawMaterialsAndSuppliesNetOfReserves $641.58M USD Point-in-time
Materials and supplies InventoryRawMaterialsAndSuppliesNetOfReserves $362.29M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $74.03M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $76.05M USD Point-in-time
Total Current Assets AssetsCurrent $1.66B USD Point-in-time
Total Current Assets AssetsCurrent $2.36B USD Point-in-time
Property, Plant and Equipment, Net PropertyPlantAndEquipmentNet $1.30B USD Point-in-time
Property, Plant and Equipment, Net PropertyPlantAndEquipmentNet $1.71B USD Point-in-time
Goodwill Goodwill $1.32B USD Point-in-time
Goodwill Goodwill $1.68B USD Point-in-time
Other Intangible Assets, Net IntangibleAssetsNetExcludingGoodwill $741.60M USD Point-in-time
Other Intangible Assets, Net IntangibleAssetsNetExcludingGoodwill $278.14M USD Point-in-time
Long-term Deferred Income Taxes DeferredIncomeTaxAssetsNet $29.88M USD Point-in-time
Long-term Deferred Income Taxes DeferredIncomeTaxAssetsNet $25.82M USD Point-in-time
Right of Use Asset-Operating Leases OperatingLeaseRightOfUseAsset $296.78M USD Point-in-time
Right of Use Asset-Operating Leases OperatingLeaseRightOfUseAsset $268.39M USD Point-in-time
Other Assets OtherAssetsNoncurrent $237.72M 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 $7.05B USD Point-in-time
Total Assets Assets $5.28B USD Point-in-time
Payable to suppliers AccountsPayableCurrent $721.31M USD Point-in-time
Payable to suppliers AccountsPayableCurrent $818.88M USD Point-in-time
Accrued expenses and other AccruedLiabilitiesCurrent $295.84M USD Point-in-time
Accrued expenses and other AccruedLiabilitiesCurrent $290.87M USD Point-in-time
Accrued wages and other compensation EmployeeRelatedLiabilitiesCurrent $90.48M USD Point-in-time
Accrued wages and other compensation EmployeeRelatedLiabilitiesCurrent $109.83M USD Point-in-time
Less: Notes payable and current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $502.44M USD Point-in-time
Less: Notes payable and current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $411.56M USD Point-in-time
Accrued taxes AccruedIncomeTaxesCurrent $16.91M USD Point-in-time
Accrued taxes AccruedIncomeTaxesCurrent $11.54M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $1.53B USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $1.74B USD Point-in-time
Long-term Debt LongTermDebtAndCapitalLeaseObligations $2.72B USD Point-in-time
Long-term Debt LongTermDebtAndCapitalLeaseObligations $1.20B USD Point-in-time
Noncurrent Operating Lease Liabilities OperatingLeaseLiabilityNoncurrent $234.17M USD Point-in-time
Noncurrent Operating Lease Liabilities OperatingLeaseLiabilityNoncurrent $250.99M USD Point-in-time
Pension and Other Postretirement Benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $120.08M USD Point-in-time
Pension and Other Postretirement Benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $158.26M USD Point-in-time
Deferred Income Taxes DeferredIncomeTaxLiabilitiesNet $70.48M USD Point-in-time
Deferred Income Taxes DeferredIncomeTaxLiabilitiesNet $107.29M USD Point-in-time
Other Liabilities OtherLiabilitiesNoncurrent $35.91M USD Point-in-time
Other Liabilities OtherLiabilitiesNoncurrent $38.09M USD Point-in-time
Commitments and Contingencies (Note 16) CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies (Note 16) CommitmentsAndContingencies - USD Point-in-time
Serial preferred stock, no par value Authorized 30,000,000 shares 0 shares issued and outstanding as of December 31, 2021 and 2020 PreferredStockValue - USD Point-in-time
Serial preferred stock, no par value Authorized 30,000,000 shares 0 shares issued and outstanding as of December 31, 2021 and 2020 PreferredStockValue - USD Point-in-time
Common shares, no par value Authorized 300,000 shares 97,370 and 100,447 shares issued and outstanding as of December 31, 2021 and 2020, respectively CommonStockValue $7.17M USD Point-in-time
Common shares, no par value Authorized 300,000 shares 97,370 and 100,447 shares issued and outstanding as of December 31, 2021 and 2020, respectively CommonStockValue $7.17M USD Point-in-time
Capital in excess of stated value AdditionalPaidInCapitalCommonStock $140.54M 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 $-430.08M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.35B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.07B USD Point-in-time
Total Sonoco Shareholders Equity StockholdersEquity $1.84B USD Point-in-time
Total Sonoco Shareholders Equity StockholdersEquity $2.07B USD Point-in-time
Noncontrolling Interests MinorityInterest $6.98M 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 $1.82B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.91B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $5.07B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $7.05B USD Point-in-time
Income Statement 69 line items
Line Item Tag Value Unit Period
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $5.59B USD Annual
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $5.24B USD Annual
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $7.25B USD Annual
Cost of sales CostOfGoodsAndServicesSold $5.81B USD Annual
Cost of sales CostOfGoodsAndServicesSold $4.19B USD Annual
Cost of sales CostOfGoodsAndServicesSold $4.53B USD Annual
Gross profit GrossProfit $1.44B USD Annual
Gross profit GrossProfit $1.05B USD Annual
Gross profit GrossProfit $1.06B USD Annual
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $707.34M USD Annual
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $528.44M USD Annual
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $558.18M USD Annual
Restructuring/Asset impairment charges RestructuringSettlementAndImpairmentProvisions $14.21M USD Annual
Restructuring/Asset impairment charges RestructuringSettlementAndImpairmentProvisions $145.58M USD Annual
Restructuring/Asset impairment charges RestructuringSettlementAndImpairmentProvisions $56.91M USD Annual
Net loss on divestiture of business GainLossOnSaleOfBusiness $-14.52M USD Annual
Net loss on divestiture of business GainLossOnSaleOfBusiness - USD Annual
Net loss on divestiture of business GainLossOnSaleOfBusiness $-2.67M USD Annual
Operating profit OperatingIncomeLoss $357.80M USD Annual
Operating profit OperatingIncomeLoss $486.85M USD Annual
Operating profit OperatingIncomeLoss $675.40M USD Annual
Non-operating pension costs NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent $7.07M USD Annual
Non-operating pension costs NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent $30.14M USD Annual
Non-operating pension costs NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent $568.42M USD Annual
Interest expense InterestExpense $63.99M USD Annual
Interest expense InterestExpense $75.05M USD Annual
Interest expense InterestExpense $101.66M USD Annual
Interest income InvestmentIncomeInterest $4.76M USD Annual
Interest income InvestmentIncomeInterest $2.98M USD Annual
Interest income InvestmentIncomeInterest $4.62M USD Annual
Loss from the early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD Annual
Loss from the early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD Annual
Loss from the early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-20.18M USD Annual
Income/(Loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $255.59M USD Annual
Income/(Loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-160.98M USD Annual
Income/(Loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $571.28M USD Annual
Provision for/(Benefit from) income taxes IncomeTaxExpenseBenefit $-67.43M USD Annual
Provision for/(Benefit from) income taxes IncomeTaxExpenseBenefit $118.51M USD Annual
Provision for/(Benefit from) income taxes IncomeTaxExpenseBenefit $53.03M USD Annual
Income/(Loss) before equity in earnings of affiliates IncomeLossBeforeEquityEarningsinAffiliates $202.56M USD Annual
Income/(Loss) before equity in earnings of affiliates IncomeLossBeforeEquityEarningsinAffiliates $-93.55M USD Annual
Income/(Loss) before equity in earnings of affiliates IncomeLossBeforeEquityEarningsinAffiliates $452.77M USD Annual
Equity in earnings of affiliates, net of tax IncomeLossFromEquityMethodInvestments $14.21M USD Annual
Equity in earnings of affiliates, net of tax IncomeLossFromEquityMethodInvestments $4.68M USD Annual
Equity in earnings of affiliates, net of tax IncomeLossFromEquityMethodInvestments $10.84M USD Annual
Net income/(loss) ProfitLoss $207.24M USD Annual
Net income/(loss) ProfitLoss $466.98M USD Annual
Net income/(loss) ProfitLoss $-82.71M USD Annual
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-222.00K USD Annual
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $543.00K USD Annual
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.77M USD Annual
Net income/(loss) attributable to Sonoco NetIncomeLoss $466.44M USD Annual
Net income/(loss) attributable to Sonoco NetIncomeLoss $207.46M USD Annual
Net income/(loss) attributable to Sonoco NetIncomeLoss $-85.48M USD Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 100.94M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 97.99M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 99.61M shares Annual
Assuming exercise of awards (in shares) IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 270,000.00 shares Annual
Assuming exercise of awards (in shares) IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 741,000.00 shares Annual
Assuming exercise of awards (in shares) IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 0.00 shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 101.21M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 98.73M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 99.61M shares Annual
Basic (usd per share) EarningsPerShareBasic $-0.86 USD Annual
Basic (usd per share) EarningsPerShareBasic $4.76 USD Annual
Basic (usd per share) EarningsPerShareBasic $2.06 USD Annual
Diluted (usd per share) EarningsPerShareDiluted $4.72 USD Annual
Diluted (usd per share) EarningsPerShareDiluted $-0.86 USD Annual
Diluted (usd per share) EarningsPerShareDiluted $2.05 USD Annual
Cash Flow Statement 136 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $207.24M USD Annual
Net income/(loss) ProfitLoss $466.98M USD Annual
Net income/(loss) ProfitLoss $-82.71M USD Annual
Asset impairment/(gain) RestructuringCostsAndAssetImpairmentCharges $-4.08M USD Annual
Asset impairment/(gain) RestructuringCostsAndAssetImpairmentCharges $21.44M USD Annual
Asset impairment/(gain) RestructuringCostsAndAssetImpairmentCharges $100.24M USD Annual
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $261.29M USD Annual
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $245.18M USD Annual
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $308.82M USD Annual
Loss from the early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD Annual
Loss from the early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD Annual
Loss from the early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-20.18M USD Annual
Share-based compensation expense ShareBasedCompensation $22.61M USD Annual
Share-based compensation expense ShareBasedCompensation $10.61M USD Annual
Share-based compensation expense ShareBasedCompensation $31.31M USD Annual
Equity in earnings of affiliates, net of tax IncomeLossFromEquityMethodInvestments $14.21M USD Annual
Equity in earnings of affiliates, net of tax IncomeLossFromEquityMethodInvestments $4.68M USD Annual
Equity in earnings of affiliates, net of tax IncomeLossFromEquityMethodInvestments $10.84M USD Annual
Cash dividends from affiliated companies EquityMethodInvestmentDividendsOrDistributions $8.66M USD Annual
Cash dividends from affiliated companies EquityMethodInvestmentDividendsOrDistributions $8.90M USD Annual
Cash dividends from affiliated companies EquityMethodInvestmentDividendsOrDistributions $6.78M USD Annual
Net (gain)/loss on disposition of assets GainLossOnSaleOfPropertyPlantEquipment $5.98M USD Annual
Net (gain)/loss on disposition of assets GainLossOnSaleOfPropertyPlantEquipment $2.75M USD Annual
Net (gain)/loss on disposition of assets GainLossOnSaleOfPropertyPlantEquipment $-15.00K USD Annual
Net loss on divestiture of business GainLossOnSaleOfBusiness $-14.52M USD Annual
Net loss on divestiture of business GainLossOnSaleOfBusiness - USD Annual
Net loss on divestiture of business GainLossOnSaleOfBusiness $-2.67M USD Annual
Pension and postretirement plan expense PensionAndOtherPostretirementBenefitExpense $57.97M USD Annual
Pension and postretirement plan expense PensionAndOtherPostretirementBenefitExpense $10.70M USD Annual
Pension and postretirement plan expense PensionAndOtherPostretirementBenefitExpense $595.62M USD Annual
Pension and postretirement plan contributions PensionAndOtherPostretirementBenefitContributions $37.41M USD Annual
Pension and postretirement plan contributions PensionAndOtherPostretirementBenefitContributions $40.41M USD Annual
Pension and postretirement plan contributions PensionAndOtherPostretirementBenefitContributions $163.66M USD Annual
Net (decrease)/increase in deferred taxes DeferredIncomeTaxesAndTaxCredits $-158.84M USD Annual
Net (decrease)/increase in deferred taxes DeferredIncomeTaxesAndTaxCredits $573.00K USD Annual
Net (decrease)/increase in deferred taxes DeferredIncomeTaxesAndTaxCredits $-9.88M USD Annual
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $2.47M USD Annual
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $149.75M USD Annual
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $-17.85M USD Annual
Inventories IncreaseDecreaseInInventories $130.12M USD Annual
Inventories IncreaseDecreaseInInventories $353.48M USD Annual
Inventories IncreaseDecreaseInInventories $-12.12M USD Annual
Payable to suppliers IncreaseDecreaseInAccountsPayableTrade $27.23M USD Annual
Payable to suppliers IncreaseDecreaseInAccountsPayableTrade $21.49M USD Annual
Payable to suppliers IncreaseDecreaseInAccountsPayableTrade $172.43M USD Annual
Prepaid expenses IncreaseDecreaseInPrepaidExpense $13.08M USD Annual
Prepaid expenses IncreaseDecreaseInPrepaidExpense $-33.70M USD Annual
Prepaid expenses IncreaseDecreaseInPrepaidExpense $-4.75M USD Annual
Income taxes payable and other income tax items IncreaseDecreaseInPrepaidIncomeTaxesAndTaxesPayable $42.20M USD Annual
Income taxes payable and other income tax items IncreaseDecreaseInPrepaidIncomeTaxesAndTaxesPayable $12.54M USD Annual
Income taxes payable and other income tax items IncreaseDecreaseInPrepaidIncomeTaxesAndTaxesPayable $-5.50M USD Annual
Accrued expenses and other assets and liabilities IncreaseDecreaseInAccruedLiabilities $50.57M USD Annual
Accrued expenses and other assets and liabilities IncreaseDecreaseInAccruedLiabilities $17.88M USD Annual
Accrued expenses and other assets and liabilities IncreaseDecreaseInAccruedLiabilities $-13.41M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $705.62M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $509.05M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $298.67M USD Annual
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $328.77M USD Annual
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $256.02M USD Annual
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $194.13M USD Annual
Cost of acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $49.26M USD Annual
Cost of acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $1.43B USD Annual
Cost of acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $22.21M USD Annual
Proceeds from the sale of business, net ProceedsFromDivestitureOfBusinessesNetOfCashDivested - USD Annual
Proceeds from the sale of business, net ProceedsFromDivestitureOfBusinessesNetOfCashDivested $91.57M USD Annual
Proceeds from the sale of business, net ProceedsFromDivestitureOfBusinessesNetOfCashDivested $103.41M USD Annual
Proceeds from the sale of assets ProceedsFromSaleOfProductiveAssets $12.97M USD Annual
Proceeds from the sale of assets ProceedsFromSaleOfProductiveAssets $13.17M USD Annual
Proceeds from the sale of assets ProceedsFromSaleOfProductiveAssets $9.62M USD Annual
Other net investing activities PaymentsForProceedsFromOtherInvestingActivities $-684.00K USD Annual
Other net investing activities PaymentsForProceedsFromOtherInvestingActivities $-7.59M USD Annual
Other net investing activities PaymentsForProceedsFromOtherInvestingActivities $-4.73M USD Annual
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-126.33M USD Annual
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-1.74B USD Annual
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-165.90M USD Annual
Proceeds from issuance of debt ProceedsFromIssuanceOfLongTermDebt $1.12B USD Annual
Proceeds from issuance of debt ProceedsFromIssuanceOfLongTermDebt $2.15B USD Annual
Proceeds from issuance of debt ProceedsFromIssuanceOfLongTermDebt $172.04M USD Annual
Principal repayment of debt RepaymentsOfLongTermDebtAndCapitalSecurities $628.12M USD Annual
Principal repayment of debt RepaymentsOfLongTermDebtAndCapitalSecurities $886.05M USD Annual
Principal repayment of debt RepaymentsOfLongTermDebtAndCapitalSecurities $285.51M USD Annual
Net (decrease)/increase in commercial paper borrowings NetIncreaseDecreaseInCommercialPaper $-349.00M USD Annual
Net (decrease)/increase in commercial paper borrowings NetIncreaseDecreaseInCommercialPaper $349.00M USD Annual
Net (decrease)/increase in commercial paper borrowings NetIncreaseDecreaseInCommercialPaper $-250.00M USD Annual
Net (decrease)/increase in outstanding checks IncreaseDecreaseInOutstandingChecksFinancingActivities $-18.53M USD Annual
Net (decrease)/increase in outstanding checks IncreaseDecreaseInOutstandingChecksFinancingActivities $6.97M USD Annual
Net (decrease)/increase in outstanding checks IncreaseDecreaseInOutstandingChecksFinancingActivities $20.95M USD Annual
Proceeds from interest rate swap ProceedsFromDerivativeInstrumentFinancingActivities - USD Annual
Proceeds from interest rate swap ProceedsFromDerivativeInstrumentFinancingActivities $4.39M USD Annual
Proceeds from interest rate swap ProceedsFromDerivativeInstrumentFinancingActivities $14.48M USD Annual
Payment of contingent consideration PaymentForContingentConsiderationLiabilityFinancingActivities - USD Annual
Payment of contingent consideration PaymentForContingentConsiderationLiabilityFinancingActivities $3.00M USD Annual
Payment of contingent consideration PaymentForContingentConsiderationLiabilityFinancingActivities - USD Annual
Cash dividends common PaymentsOfDividendsCommonStock $172.63M USD Annual
Cash dividends common PaymentsOfDividendsCommonStock $178.62M USD Annual
Cash dividends common PaymentsOfDividendsCommonStock $187.09M USD Annual
Purchase of noncontrolling interest PaymentsToMinorityShareholders $14.47M USD Point-in-time
Purchase of noncontrolling interest PaymentsToMinorityShareholders $14.47M USD Annual
Purchase of noncontrolling interest PaymentsToMinorityShareholders - USD Annual
Purchase of noncontrolling interest PaymentsToMinorityShareholders - USD Annual
Dividends paid to noncontrolling interests PaymentsOfDividendsMinorityInterest - USD Annual
Dividends paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $1.01M USD Annual
Dividends paid to noncontrolling interests PaymentsOfDividendsMinorityInterest - USD Annual
Excess cash costs of early extinguishment of debt PaymentsOfDebtExtinguishmentCosts $20.11M USD Annual
Excess cash costs of early extinguishment of debt PaymentsOfDebtExtinguishmentCosts - USD Annual
Excess cash costs of early extinguishment of debt PaymentsOfDebtExtinguishmentCosts - USD Annual
Payments for share repurchases PaymentsForRepurchaseOfCommonStock $8.48M USD Annual
Payments for share repurchases PaymentsForRepurchaseOfCommonStock $3.62M USD Point-in-time
Payments for share repurchases PaymentsForRepurchaseOfCommonStock $218.09M USD Annual
Payments for share repurchases PaymentsForRepurchaseOfCommonStock $4.55M USD Annual
Net cash provided/(used) by financing activities NetCashProvidedByUsedInFinancingActivities $-162.87M USD Annual
Net cash provided/(used) by financing activities NetCashProvidedByUsedInFinancingActivities $-513.54M USD Annual
Net cash provided/(used) by financing activities NetCashProvidedByUsedInFinancingActivities $1.29B USD Annual
Effects of Exchange Rate Changes on Cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-13.10M USD Annual
Effects of Exchange Rate Changes on Cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.15M USD Annual
Effects of Exchange Rate Changes on Cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-5.35M USD Annual
Increase/(Decrease) in Cash and Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $56.46M USD Annual
Increase/(Decrease) in Cash and Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-393.87M USD Annual
Increase/(Decrease) in Cash and Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $419.56M USD Annual
Cash and cash equivalents at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $145.28M USD Point-in-time
Cash and cash equivalents at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $227.44M USD Point-in-time
Cash and cash equivalents at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $564.85M USD Point-in-time
Cash and cash equivalents at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $170.98M USD Point-in-time
Cash and cash equivalents at end of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $145.28M USD Point-in-time
Cash and cash equivalents at end of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $227.44M USD Point-in-time
Cash and cash equivalents at end of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $564.85M USD Point-in-time
Cash and cash equivalents at end of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $170.98M USD Point-in-time
Non-cash additions to property, plant and equipment NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $27.34M USD Annual
Non-cash additions to property, plant and equipment NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $20.25M USD Annual
Non-cash additions to property, plant and equipment NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $3.14M USD Annual
Interest paid, net of amounts capitalized InterestPaidNet $68.19M USD Annual
Interest paid, net of amounts capitalized InterestPaidNet $88.21M USD Annual
Interest paid, net of amounts capitalized InterestPaidNet $71.71M USD Annual
Income taxes paid, net of refunds IncomeTaxesPaidNet $122.88M USD Annual
Income taxes paid, net of refunds IncomeTaxesPaidNet $65.00M USD Annual
Income taxes paid, net of refunds IncomeTaxesPaidNet $133.61M USD Annual
Stockholders Equity 44 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.85B 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 $2.07B USD Point-in-time
Beginning Balance (in shares) CommonStockSharesOutstanding 97.37M shares Point-in-time
Beginning Balance (in shares) CommonStockSharesOutstanding 97.64M shares Point-in-time
Net income (loss) ProfitLoss $207.24M USD Annual
Net income (loss) ProfitLoss $466.98M USD Annual
Net income (loss) ProfitLoss $-82.71M USD Annual
Translation gain/(loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-75.64M USD Annual
Translation gain/(loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $46.09M USD Annual
Translation gain/(loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-68.78M USD Annual
Defined benefit plan adjustment OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-11.67M USD Annual
Defined benefit plan adjustment OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-424.00K USD Annual
Defined benefit plan adjustment OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-471.35M USD Annual
Derivative financial instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $325.00K USD Annual
Derivative financial instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $1.12M USD Annual
Derivative financial instruments OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-1.84M USD Annual
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $396.83M USD Annual
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $58.08M USD Annual
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $-70.20M USD Annual
Dividends paid to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.01M USD Annual
Dividends paid to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders - USD Annual
Purchase of noncontrolling interest MinorityInterestDecreaseFromRedemptions $13.20M USD Annual
Dividends DividendsCommonStock $173.57M USD Annual
Dividends DividendsCommonStock $179.73M USD Annual
Dividends DividendsCommonStock $188.26M USD Annual
Issuance of stock awards StockIssuedDuringPeriodValueShareBasedCompensation $1.17M USD Annual
Issuance of stock awards StockIssuedDuringPeriodValueShareBasedCompensation $1.15M USD Annual
Issuance of stock awards StockIssuedDuringPeriodValueShareBasedCompensation $1.11M USD Annual
Shares repurchased StockRepurchasedDuringPeriodValue $8.48M USD Annual
Shares repurchased StockRepurchasedDuringPeriodValue $218.09M USD Annual
Shares repurchased StockRepurchasedDuringPeriodValue $4.55M USD Annual
Shares repurchased (in shares) StockRepurchasedDuringPeriodShares 53,500.00 shares Point-in-time
Shares repurchased (in shares) StockRepurchasedDuringPeriodShares 976,191.00 shares Point-in-time
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $22.61M USD Annual
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $10.61M USD Annual
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $31.31M USD Annual
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.85B 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 $2.07B USD Point-in-time
Ending Balance (in shares) CommonStockSharesOutstanding 97.37M shares Point-in-time
Ending Balance (in shares) CommonStockSharesOutstanding 97.64M shares Point-in-time
Comprehensive Income 27 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $207.24M USD Annual
Net income/(loss) ProfitLoss $466.98M USD Annual
Net income/(loss) ProfitLoss $-82.71M USD Annual
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-75.64M USD Annual
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $46.09M USD Annual
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-68.78M USD Annual
Changes in defined benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-11.67M USD Annual
Changes in defined benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-424.00K USD Annual
Changes in defined benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-471.35M USD Annual
Change in derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $325.00K USD Annual
Change in derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $1.12M USD Annual
Change in derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-1.84M USD Annual
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $396.83M USD Annual
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $58.08M USD Annual
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $-70.20M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $396.78M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $314.12M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $265.32M USD Annual
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-222.00K USD Annual
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $543.00K USD Annual
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.77M USD Annual
Other comprehensive (income)/loss attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $-584.00K USD Annual
Other comprehensive (income)/loss attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $-1.88M USD Annual
Other comprehensive (income)/loss attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $460.00K USD Annual
Comprehensive income attributable to Sonoco ComprehensiveIncomeNetOfTax $267.42M USD Annual
Comprehensive income attributable to Sonoco ComprehensiveIncomeNetOfTax $395.78M USD Annual
Comprehensive income attributable to Sonoco ComprehensiveIncomeNetOfTax $311.94M USD Annual

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

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