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10-Q Filing

SONOCO PRODUCTS CO CIK: 91767 Q3 2023
Filing Information
Form Type 10-Q
Accession Number 0000091767-23-000065
Period End Date 20230930
Filing Date 20231102
Fiscal Year 2023
Fiscal Period Q3
XBRL Instance son-20231001_htm.xml
Balance Sheet 78 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 97.96M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 97.64M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $257.94M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 97.96M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 97.64M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $227.44M USD Point-in-time
Trade accounts receivable, net of allowances AccountsReceivableNetCurrent $862.71M USD Point-in-time
Trade accounts receivable, net of allowances AccountsReceivableNetCurrent $964.05M USD Point-in-time
Other receivables OtherReceivables $99.49M USD Point-in-time
Other receivables OtherReceivables $100.77M USD Point-in-time
Finished and in process InventoryFinishedGoodsAndWorkInProcessNetOfReserves $363.91M USD Point-in-time
Finished and in process InventoryFinishedGoodsAndWorkInProcessNetOfReserves $453.98M USD Point-in-time
Materials and supplies InventoryRawMaterialsAndSuppliesNetOfReserves $462.12M USD Point-in-time
Materials and supplies InventoryRawMaterialsAndSuppliesNetOfReserves $641.58M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $91.09M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $76.05M USD Point-in-time
Total Current Assets AssetsCurrent $2.24B USD Point-in-time
Total Current Assets AssetsCurrent $2.36B USD Point-in-time
Property, Plant and Equipment, Net PropertyPlantAndEquipmentNet $1.71B USD Point-in-time
Property, Plant and Equipment, Net PropertyPlantAndEquipmentNet $1.83B USD Point-in-time
Goodwill Goodwill $1.68B USD Point-in-time
Goodwill Goodwill $1.76B USD Point-in-time
Other Intangible Assets, Net IntangibleAssetsNetExcludingGoodwill $741.60M USD Point-in-time
Other Intangible Assets, Net IntangibleAssetsNetExcludingGoodwill $873.52M USD Point-in-time
Deferred Income Taxes DeferredIncomeTaxAssetsNet $29.88M USD Point-in-time
Deferred Income Taxes DeferredIncomeTaxAssetsNet $30.93M USD Point-in-time
Right of Use Asset-Operating Leases OperatingLeaseRightOfUseAsset $296.78M USD Point-in-time
Right of Use Asset-Operating Leases OperatingLeaseRightOfUseAsset $311.64M USD Point-in-time
Other Assets OtherAssetsNoncurrent $225.38M USD Point-in-time
Other Assets OtherAssetsNoncurrent $237.72M USD Point-in-time
Total Assets Assets $7.27B USD Point-in-time
Total Assets Assets $7.05B USD Point-in-time
Payable to suppliers AccountsPayableCurrent $695.55M USD Point-in-time
Payable to suppliers AccountsPayableCurrent $818.88M USD Point-in-time
Accrued expenses and other AccruedLiabilitiesCurrent $405.67M USD Point-in-time
Accrued expenses and other AccruedLiabilitiesCurrent $420.94M USD Point-in-time
Notes payable and current portion of long-term debt DebtCurrent $42.28M USD Point-in-time
Notes payable and current portion of long-term debt DebtCurrent $502.44M USD Point-in-time
Accrued taxes AccruedIncomeTaxesCurrent $16.91M USD Point-in-time
Accrued taxes AccruedIncomeTaxesCurrent $26.43M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $1.19B USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $1.74B USD Point-in-time
Long-term Debt, Net of Current Portion LongTermDebtNoncurrent $3.21B USD Point-in-time
Long-term Debt, Net of Current Portion LongTermDebtNoncurrent $2.72B USD Point-in-time
Noncurrent Operating Lease Liabilities OperatingLeaseLiabilityNoncurrent $262.67M USD Point-in-time
Noncurrent Operating Lease Liabilities OperatingLeaseLiabilityNoncurrent $250.99M USD Point-in-time
Pension and Other Postretirement Benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $131.67M USD Point-in-time
Pension and Other Postretirement Benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $120.08M USD Point-in-time
Deferred Income Taxes DeferredIncomeTaxLiabilitiesNet $107.29M USD Point-in-time
Deferred Income Taxes DeferredIncomeTaxLiabilitiesNet $98.10M USD Point-in-time
Other Liabilities OtherLiabilitiesNoncurrent $40.76M USD Point-in-time
Other Liabilities OtherLiabilitiesNoncurrent $38.09M USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Authorized 300,000 shares 97,956 and 97,645 shares issued and outstanding at October 1, 2023 and December 31, 2022, respectively CommonStockValue $7.17M USD Point-in-time
Authorized 300,000 shares 97,956 and 97,645 shares issued and outstanding at October 1, 2023 and December 31, 2022, respectively CommonStockValue $7.17M USD Point-in-time
Capital in excess of stated value AdditionalPaidInCapitalCommonStock $152.15M USD Point-in-time
Capital in excess of stated value AdditionalPaidInCapitalCommonStock $140.54M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-430.08M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-420.11M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.59B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.35B USD Point-in-time
Total Sonoco Shareholders Equity StockholdersEquity $2.33B USD Point-in-time
Total Sonoco Shareholders Equity StockholdersEquity $2.07B USD Point-in-time
Noncontrolling Interests MinorityInterest $6.61M USD Point-in-time
Noncontrolling Interests MinorityInterest $6.98M USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.94B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.30B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.94B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.92B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.34B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.21B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.85B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $7.27B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $7.05B USD Point-in-time
Income Statement 92 line items
Line Item Tag Value Unit Period
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $5.15B USD 3 Qtrs
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $5.57B USD 3 Qtrs
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $1.71B USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $1.89B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $1.52B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $1.35B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $4.05B USD 3 Qtrs
Cost of sales CostOfGoodsAndServicesSold $4.45B USD 3 Qtrs
Gross profit GrossProfit $367.15M USD 1 Quarter
Gross profit GrossProfit $1.13B USD 3 Qtrs
Gross profit GrossProfit $364.26M USD 1 Quarter
Gross profit GrossProfit $1.10B USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $541.42M USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $164.55M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $182.67M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $533.88M USD 3 Qtrs
Restructuring/Asset impairment charges RestructuringCostsAndAssetImpairmentCharges $20.65M USD 1 Quarter
Restructuring/Asset impairment charges RestructuringCostsAndAssetImpairmentCharges $43.36M USD 3 Qtrs
Restructuring/Asset impairment charges RestructuringCostsAndAssetImpairmentCharges $18.11M USD 1 Quarter
Restructuring/Asset impairment charges RestructuringCostsAndAssetImpairmentCharges $52.98M USD 3 Qtrs
(Loss)/Gain on divestiture of business and other assets GainLossOnDispositionOfBusinessAndOtherAssets - USD 1 Quarter
(Loss)/Gain on divestiture of business and other assets GainLossOnDispositionOfBusinessAndOtherAssets - USD 3 Qtrs
(Loss)/Gain on divestiture of business and other assets GainLossOnDispositionOfBusinessAndOtherAssets $78.84M USD 3 Qtrs
(Loss)/Gain on divestiture of business and other assets GainLossOnDispositionOfBusinessAndOtherAssets $-537.00K USD 1 Quarter
Operating profit OperatingIncomeLoss $162.94M USD 1 Quarter
Operating profit OperatingIncomeLoss $181.94M USD 1 Quarter
Operating profit OperatingIncomeLoss $580.44M USD 3 Qtrs
Operating profit OperatingIncomeLoss $548.48M USD 3 Qtrs
Other income, net OtherNonoperatingIncomeExpense - USD 3 Qtrs
Other income, net OtherNonoperatingIncomeExpense $36.94M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense - USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $36.94M USD 3 Qtrs
Non-operating pension costs NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent $3.42M USD 1 Quarter
Non-operating pension costs NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent $10.42M USD 3 Qtrs
Non-operating pension costs NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent $1.25M USD 1 Quarter
Non-operating pension costs NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent $4.25M USD 3 Qtrs
Interest expense InterestExpense $101.36M USD 3 Qtrs
Interest expense InterestExpense $26.71M USD 1 Quarter
Interest expense InterestExpense $32.85M USD 1 Quarter
Interest expense InterestExpense $71.24M USD 3 Qtrs
Interest income InvestmentIncomeInterest $6.68M USD 3 Qtrs
Interest income InvestmentIncomeInterest $3.45M USD 3 Qtrs
Interest income InvestmentIncomeInterest $1.15M USD 1 Quarter
Interest income InvestmentIncomeInterest $3.17M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $155.13M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $512.28M USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $166.78M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $476.44M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $36.82M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $116.71M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $127.00M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $39.35M USD 1 Quarter
Income before equity in earnings of affiliates IncomeLossBeforeEquityEarningsInAffiliates $127.43M USD 1 Quarter
Income before equity in earnings of affiliates IncomeLossBeforeEquityEarningsInAffiliates $385.28M USD 3 Qtrs
Income before equity in earnings of affiliates IncomeLossBeforeEquityEarningsInAffiliates $118.30M USD 1 Quarter
Income before equity in earnings of affiliates IncomeLossBeforeEquityEarningsInAffiliates $359.73M USD 3 Qtrs
Equity in earnings of affiliates, net of tax IncomeLossFromEquityMethodInvestments $8.79M USD 3 Qtrs
Equity in earnings of affiliates, net of tax IncomeLossFromEquityMethodInvestments $3.63M USD 1 Quarter
Equity in earnings of affiliates, net of tax IncomeLossFromEquityMethodInvestments $4.20M USD 1 Quarter
Equity in earnings of affiliates, net of tax IncomeLossFromEquityMethodInvestments $10.15M USD 3 Qtrs
Net income ProfitLoss $148.26M USD 1 Quarter
Net income ProfitLoss $122.50M USD 1 Quarter
Net income ProfitLoss $394.07M USD 3 Qtrs
Net income ProfitLoss $131.06M USD 1 Quarter
Net income ProfitLoss $115.61M USD 1 Quarter
Net income ProfitLoss $131.77M USD 1 Quarter
Net income ProfitLoss $369.88M USD 3 Qtrs
Net income ProfitLoss $114.75M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $273.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $354.00K USD 3 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $642.00K USD 3 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $309.00K USD 1 Quarter
Net income attributable to Sonoco NetIncomeLoss $369.23M USD 3 Qtrs
Net income attributable to Sonoco NetIncomeLoss $393.72M USD 3 Qtrs
Net income attributable to Sonoco NetIncomeLoss $130.75M USD 1 Quarter
Net income attributable to Sonoco NetIncomeLoss $122.23M USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 98.01M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 98.28M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 98.34M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 97.98M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 98.67M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 98.80M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 98.76M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 98.91M shares 1 Quarter
Basic (in usd per share) EarningsPerShareBasic $4.01 USD 3 Qtrs
Basic (in usd per share) EarningsPerShareBasic $3.77 USD 3 Qtrs
Basic (in usd per share) EarningsPerShareBasic $1.25 USD 1 Quarter
Basic (in usd per share) EarningsPerShareBasic $1.33 USD 1 Quarter
Diluted (in usd per share) EarningsPerShareDiluted $3.74 USD 3 Qtrs
Diluted (in usd per share) EarningsPerShareDiluted $3.98 USD 3 Qtrs
Diluted (in usd per share) EarningsPerShareDiluted $1.24 USD 1 Quarter
Diluted (in usd per share) EarningsPerShareDiluted $1.32 USD 1 Quarter
Cash Flow Statement 84 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $148.26M USD 1 Quarter
Net income/(loss) ProfitLoss $122.50M USD 1 Quarter
Net income/(loss) ProfitLoss $394.07M USD 3 Qtrs
Net income/(loss) ProfitLoss $131.06M USD 1 Quarter
Net income/(loss) ProfitLoss $115.61M USD 1 Quarter
Net income/(loss) ProfitLoss $131.77M USD 1 Quarter
Net income/(loss) ProfitLoss $369.88M USD 3 Qtrs
Net income/(loss) ProfitLoss $114.75M USD 1 Quarter
Asset impairments AssetImpairmentCharges $26.12M USD 3 Qtrs
Asset impairments AssetImpairmentCharges $13.86M USD 3 Qtrs
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $249.39M USD 3 Qtrs
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $231.09M USD 3 Qtrs
Share-based compensation expense ShareBasedCompensation $25.45M USD 3 Qtrs
Share-based compensation expense ShareBasedCompensation $21.12M USD 3 Qtrs
Equity in earnings of affiliates, net IncomeLossFromEquityMethodInvestments $8.79M USD 3 Qtrs
Equity in earnings of affiliates, net IncomeLossFromEquityMethodInvestments $3.63M USD 1 Quarter
Equity in earnings of affiliates, net IncomeLossFromEquityMethodInvestments $4.20M USD 1 Quarter
Equity in earnings of affiliates, net IncomeLossFromEquityMethodInvestments $10.15M USD 3 Qtrs
Cash dividends from affiliated companies EquityMethodInvestmentDividendsOrDistributions $7.88M USD 3 Qtrs
Cash dividends from affiliated companies EquityMethodInvestmentDividendsOrDistributions $6.08M USD 3 Qtrs
Net gain on disposition of assets GainLossOnSaleOfPropertyPlantEquipment $178.00K USD 3 Qtrs
Net gain on disposition of assets GainLossOnSaleOfPropertyPlantEquipment $59.05M USD 3 Qtrs
Net gain on divestiture of business and other assets GainLossOnSaleOfBusiness - USD 3 Qtrs
Net gain on divestiture of business and other assets GainLossOnSaleOfBusiness $54.84M USD 3 Qtrs
Pension and postretirement plan expense PensionAndOtherPostretirementBenefitExpense $6.95M USD 3 Qtrs
Pension and postretirement plan expense PensionAndOtherPostretirementBenefitExpense $12.68M USD 3 Qtrs
Pension and postretirement plan contributions PensionAndOtherPostretirementBenefitContributions $33.55M USD 3 Qtrs
Pension and postretirement plan contributions PensionAndOtherPostretirementBenefitContributions $10.31M USD 3 Qtrs
Increase in net deferred tax liabilities IncreaseDecreaseInDeferredIncomeTaxes $14.45M USD 3 Qtrs
Increase in net deferred tax liabilities IncreaseDecreaseInDeferredIncomeTaxes $1.75M USD 3 Qtrs
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $84.34M USD 3 Qtrs
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $143.22M USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $-277.39M USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $287.61M USD 3 Qtrs
Payable to suppliers IncreaseDecreaseInAccountsPayableTrade $113.82M USD 3 Qtrs
Payable to suppliers IncreaseDecreaseInAccountsPayableTrade $-125.71M USD 3 Qtrs
Prepaid expenses IncreaseDecreaseInPrepaidExpense $14.29M USD 3 Qtrs
Prepaid expenses IncreaseDecreaseInPrepaidExpense $28.85M USD 3 Qtrs
Income taxes payable and other income tax items IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $44.49M USD 3 Qtrs
Income taxes payable and other income tax items IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $9.55M USD 3 Qtrs
Accrued expenses and other assets and liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $15.74M USD 3 Qtrs
Accrued expenses and other assets and liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-9.54M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $322.06M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $616.88M USD 3 Qtrs
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $254.87M USD 3 Qtrs
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $236.77M USD 3 Qtrs
Cost of acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $1.34B USD 3 Qtrs
Cost of acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $313.36M USD 3 Qtrs
Proceeds from the sale of business, net ProceedsFromDivestitureOfBusinessesNetOfCashDivested $31.15M USD 3 Qtrs
Proceeds from the sale of business, net ProceedsFromDivestitureOfBusinessesNetOfCashDivested - USD 3 Qtrs
Proceeds from the sale of assets, net ProceedsFromSaleOfProductiveAssets $72.74M USD 3 Qtrs
Proceeds from the sale of assets, net ProceedsFromSaleOfProductiveAssets $6.04M USD 3 Qtrs
Other net investing activities PaymentsForProceedsFromOtherInvestingActivities $1.98M USD 3 Qtrs
Other net investing activities PaymentsForProceedsFromOtherInvestingActivities $-4.62M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-459.73M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.57B USD 3 Qtrs
Proceeds from issuance of debt ProceedsFromIssuanceOfLongTermDebt $1.58B USD 3 Qtrs
Proceeds from issuance of debt ProceedsFromIssuanceOfLongTermDebt $905.60M USD 3 Qtrs
Principal repayment of debt RepaymentsOfLongTermDebtAndCapitalSecurities $70.56M USD 3 Qtrs
Principal repayment of debt RepaymentsOfLongTermDebtAndCapitalSecurities $878.51M USD 3 Qtrs
Net change in commercial paper ProceedsFromRepaymentsOfCommercialPaper $-64.00M USD 3 Qtrs
Net change in commercial paper ProceedsFromRepaymentsOfCommercialPaper - USD 3 Qtrs
Net increase/(decrease) in outstanding checks IncreaseDecreaseInOutstandingChecksFinancingActivities $1.93M USD 3 Qtrs
Net increase/(decrease) in outstanding checks IncreaseDecreaseInOutstandingChecksFinancingActivities $-16.51M USD 3 Qtrs
Cash dividends PaymentsOfDividendsCommonStock $139.29M USD 3 Qtrs
Cash dividends PaymentsOfDividendsCommonStock $147.48M USD 3 Qtrs
Purchase of noncontrolling interest PaymentsToMinorityShareholders - USD 3 Qtrs
Purchase of noncontrolling interest PaymentsToMinorityShareholders $14.47M USD 3 Qtrs
Payments for share repurchases PaymentsForRepurchaseOfCommonStock $4.06M USD 3 Qtrs
Payments for share repurchases PaymentsForRepurchaseOfCommonStock $10.61M USD 3 Qtrs
Net cash (used in)/provided by financing activities NetCashProvidedByUsedInFinancingActivities $-129.07M USD 3 Qtrs
Net cash (used in)/provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.27B USD 3 Qtrs
Effects of Exchange Rate Changes on Cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-11.25M USD 3 Qtrs
Effects of Exchange Rate Changes on Cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.42M USD 3 Qtrs
Net Increase in Cash and Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $11.26M USD 3 Qtrs
Net Increase in Cash and Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $30.50M USD 3 Qtrs
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $227.44M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $182.24M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $257.94M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $170.98M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $227.44M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $182.24M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $257.94M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $170.98M USD Point-in-time
Stockholders Equity 83 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.94B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.30B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.94B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.92B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.34B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.21B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.85B USD Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 97.96M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 97.64M shares Point-in-time
Net income/(loss) ProfitLoss $148.26M USD 1 Quarter
Net income/(loss) ProfitLoss $122.50M USD 1 Quarter
Net income/(loss) ProfitLoss $394.07M USD 3 Qtrs
Net income/(loss) ProfitLoss $131.06M USD 1 Quarter
Net income/(loss) ProfitLoss $115.61M USD 1 Quarter
Net income/(loss) ProfitLoss $131.77M USD 1 Quarter
Net income/(loss) ProfitLoss $369.88M USD 3 Qtrs
Net income/(loss) ProfitLoss $114.75M USD 1 Quarter
Translation income/(loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-151.58M USD 3 Qtrs
Translation income/(loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-70.31M USD 1 Quarter
Translation income/(loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-81.97M USD 1 Quarter
Translation income/(loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $31.81M USD 1 Quarter
Translation income/(loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $4.47M USD 3 Qtrs
Translation income/(loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $21.69M USD 1 Quarter
Translation income/(loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $706.00K USD 1 Quarter
Translation income/(loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-49.02M USD 1 Quarter
Defined benefit plan adjustment, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $1.76M USD 1 Quarter
Defined benefit plan adjustment, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-3.40M USD 1 Quarter
Defined benefit plan adjustment, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-861.00K USD 1 Quarter
Defined benefit plan adjustment, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-916.00K USD 1 Quarter
Defined benefit plan adjustment, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.55M USD 3 Qtrs
Defined benefit plan adjustment, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $1.93M USD 1 Quarter
Defined benefit plan adjustment, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-191.00K USD 1 Quarter
Defined benefit plan adjustment, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $876.00K USD 3 Qtrs
Derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-1.72M USD 1 Quarter
Derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.22M USD 3 Qtrs
Derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-792.00K USD 3 Qtrs
Derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $1.43M USD 1 Quarter
Derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-2.09M USD 1 Quarter
Derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.51M USD 1 Quarter
Derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.55M USD 1 Quarter
Derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-1.25M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-74.33M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $21.36M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-47.35M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $35.24M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-82.36M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $3.45M USD 1 Quarter
Dividends DividendsCommonStock $50.19M USD 1 Quarter
Dividends DividendsCommonStock $50.18M USD 1 Quarter
Dividends DividendsCommonStock $48.03M USD 1 Quarter
Dividends DividendsCommonStock $48.20M USD 1 Quarter
Dividends DividendsCommonStock $48.04M USD 1 Quarter
Dividends DividendsCommonStock $44.12M USD 1 Quarter
Issuance of stock awards StockIssuedDuringPeriodValueShareBasedCompensation $222.00K USD 1 Quarter
Issuance of stock awards StockIssuedDuringPeriodValueShareBasedCompensation $263.00K USD 1 Quarter
Issuance of stock awards StockIssuedDuringPeriodValueShareBasedCompensation $397.00K USD 1 Quarter
Issuance of stock awards StockIssuedDuringPeriodValueShareBasedCompensation $472.00K USD 1 Quarter
Issuance of stock awards StockIssuedDuringPeriodValueShareBasedCompensation $377.00K USD 1 Quarter
Issuance of stock awards StockIssuedDuringPeriodValueShareBasedCompensation $270.00K USD 1 Quarter
Shares repurchased StockRepurchasedAndRetiredDuringPeriodValue $3.00K USD 1 Quarter
Shares repurchased StockRepurchasedAndRetiredDuringPeriodValue $72.00K USD 1 Quarter
Shares repurchased StockRepurchasedAndRetiredDuringPeriodValue $3.41M USD 1 Quarter
Shares repurchased StockRepurchasedAndRetiredDuringPeriodValue $26.00K USD 1 Quarter
Shares repurchased StockRepurchasedAndRetiredDuringPeriodValue $10.58M USD 1 Quarter
Shares repurchased StockRepurchasedAndRetiredDuringPeriodValue $574.00K USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.38M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $5.91M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $7.57M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $7.64M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.39M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $10.69M USD 1 Quarter
Purchase of noncontrolling interest MinorityInterestDecreaseFromRedemptions $13.20M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.94B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.30B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.94B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.92B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.34B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.21B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.85B USD Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 97.96M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 97.64M shares Point-in-time
Comprehensive Income 52 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $148.26M USD 1 Quarter
Net income/(loss) ProfitLoss $122.50M USD 1 Quarter
Net income/(loss) ProfitLoss $394.07M USD 3 Qtrs
Net income/(loss) ProfitLoss $131.06M USD 1 Quarter
Net income/(loss) ProfitLoss $115.61M USD 1 Quarter
Net income/(loss) ProfitLoss $131.77M USD 1 Quarter
Net income/(loss) ProfitLoss $369.88M USD 3 Qtrs
Net income/(loss) ProfitLoss $114.75M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-151.58M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-70.31M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-81.97M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $31.81M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $4.47M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $21.69M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $706.00K USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-49.02M USD 1 Quarter
Changes in defined benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $1.76M USD 1 Quarter
Changes in defined benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-3.40M USD 1 Quarter
Changes in defined benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-861.00K USD 1 Quarter
Changes in defined benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-916.00K USD 1 Quarter
Changes in defined benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.55M USD 3 Qtrs
Changes in defined benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $1.93M 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 $876.00K USD 3 Qtrs
Changes in derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-1.72M USD 1 Quarter
Changes in derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.22M USD 3 Qtrs
Changes in derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-792.00K USD 3 Qtrs
Changes in derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $1.43M USD 1 Quarter
Changes in derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-2.09M USD 1 Quarter
Changes in derivative financial instruments, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.51M 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 $-1.25M USD 1 Quarter
Other comprehensive (loss)/income OtherComprehensiveIncomeLossNetOfTax $9.25M USD 3 Qtrs
Other comprehensive (loss)/income OtherComprehensiveIncomeLossNetOfTax $-47.35M USD 1 Quarter
Other comprehensive (loss)/income OtherComprehensiveIncomeLossNetOfTax $-153.25M USD 3 Qtrs
Other comprehensive (loss)/income OtherComprehensiveIncomeLossNetOfTax $-82.36M USD 1 Quarter
Comprehensive income: ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $40.14M USD 1 Quarter
Comprehensive income: ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $216.63M USD 3 Qtrs
Comprehensive income: ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $403.32M USD 3 Qtrs
Comprehensive income: ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $83.71M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $273.00K USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $354.00K USD 3 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $642.00K USD 3 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $309.00K USD 1 Quarter
Less: Other comprehensive loss attributable to noncontrolling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-727.00K USD 3 Qtrs
Less: Other comprehensive loss attributable to noncontrolling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-668.00K USD 1 Quarter
Less: Other comprehensive loss attributable to noncontrolling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-515.00K USD 1 Quarter
Less: Other comprehensive loss attributable to noncontrolling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-148.00K USD 3 Qtrs
Comprehensive income attributable to Sonoco ComprehensiveIncomeNetOfTax $40.38M USD 1 Quarter
Comprehensive income attributable to Sonoco ComprehensiveIncomeNetOfTax $216.13M USD 3 Qtrs
Comprehensive income attributable to Sonoco ComprehensiveIncomeNetOfTax $84.07M USD 1 Quarter
Comprehensive income attributable to Sonoco ComprehensiveIncomeNetOfTax $403.69M USD 3 Qtrs

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

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