10-K Filing

SONOCO PRODUCTS CO CIK: 91767 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000091767-24-000012`
Period End Date	20231231
Filing Date	20240228
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	son-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 72 Cash Flow Statement 136 Stockholders Equity 42 Comprehensive Income 27

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Allowances for trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$21.66M	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
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.94M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$227.44M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Trade accounts receivable, net of allowances of $21,661 in 2023 and $16,879 in 2022	`AccountsReceivableNetCurrent`	$904.90M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Trade accounts receivable, net of allowances of $21,661 in 2023 and $16,879 in 2022	`AccountsReceivableNetCurrent`	$862.71M	USD	Point-in-time
Other receivables	`OtherReceivables`	$99.49M	USD	Point-in-time
Other receivables	`OtherReceivables`	$106.64M	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`	97.96M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	97.64M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	97.64M	shares	Point-in-time
Finished and in process	`InventoryFinishedGoodsAndWorkInProcessNetOfReserves`	$453.98M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	97.96M	shares	Point-in-time
Finished and in process	`InventoryFinishedGoodsAndWorkInProcessNetOfReserves`	$324.91M	USD	Point-in-time
Materials and supplies	`InventoryRawMaterialsAndSuppliesNetOfReserves`	$448.59M	USD	Point-in-time
Materials and supplies	`InventoryRawMaterialsAndSuppliesNetOfReserves`	$641.58M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$76.05M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$113.39M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.36B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.05B	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$1.91B	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$1.71B	USD	Point-in-time
Goodwill	`Goodwill`	$1.68B	USD	Point-in-time
Goodwill	`Goodwill`	$1.81B	USD	Point-in-time
Other Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$853.67M	USD	Point-in-time
Other Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$741.60M	USD	Point-in-time
Long-term Deferred Income Taxes	`DeferredIncomeTaxAssetsNet`	$29.88M	USD	Point-in-time
Long-term Deferred Income Taxes	`DeferredIncomeTaxAssetsNet`	$31.33M	USD	Point-in-time
Right of Use Asset-Operating Leases	`OperatingLeaseRightOfUseAsset`	$296.78M	USD	Point-in-time
Right of Use Asset-Operating Leases	`OperatingLeaseRightOfUseAsset`	$314.94M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$224.86M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$237.72M	USD	Point-in-time
Total Assets	`Assets`	$7.05B	USD	Point-in-time
Total Assets	`Assets`	$5.07B	USD	Point-in-time
Total Assets	`Assets`	$7.19B	USD	Point-in-time
Payable to suppliers	`AccountsPayableCurrent`	$707.49M	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`	$324.34M	USD	Point-in-time
Accrued wages and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$75.68M	USD	Point-in-time
Accrued wages and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$109.83M	USD	Point-in-time
Notes payable and current portion of long-term debt	`DebtCurrent`	$47.13M	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`	$10.64M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.17B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.74B	USD	Point-in-time
Long-term Debt	`LongTermDebtNoncurrent`	$3.04B	USD	Point-in-time
Long-term Debt	`LongTermDebtNoncurrent`	$2.72B	USD	Point-in-time
Noncurrent Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$250.99M	USD	Point-in-time
Noncurrent Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$265.45M	USD	Point-in-time
Pension and Other Postretirement Benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$120.08M	USD	Point-in-time
Pension and Other Postretirement Benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$142.90M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$100.79M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$107.29M	USD	Point-in-time
Other Liabilities	`OtherLiabilitiesNoncurrent`	$38.09M	USD	Point-in-time
Other Liabilities	`OtherLiabilitiesNoncurrent`	$49.84M	USD	Point-in-time
Commitments and Contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 17)	`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`	$159.05M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-366.26M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-430.08M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.62B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.35B	USD	Point-in-time
Total Sonoco Shareholders Equity	`StockholdersEquity`	$2.42B	USD	Point-in-time
Total Sonoco Shareholders Equity	`StockholdersEquity`	$2.07B	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$7.50M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$6.98M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.07B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.85B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.91B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$7.19B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$7.05B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.25B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.78B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.59B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$4.53B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$5.81B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$5.35B	USD	Annual
Gross profit	`GrossProfit`	$1.44B	USD	Annual
Gross profit	`GrossProfit`	$1.06B	USD	Annual
Gross profit	`GrossProfit`	$1.44B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$558.18M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$707.34M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$741.86M	USD	Annual
Asset impairment loss/(gain)	`RestructuringCostsAndAssetImpairmentCharges`	$56.91M	USD	Annual
Asset impairment loss/(gain)	`RestructuringCostsAndAssetImpairmentCharges`	$56.93M	USD	Annual
Asset impairment loss/(gain)	`RestructuringCostsAndAssetImpairmentCharges`	$14.21M	USD	Annual
Gain/(Loss) on divestiture of business and other assets	`GainLossOnDispositionOfBusinessAndOtherAssets`	$78.93M	USD	Annual
Gain/(Loss) on divestiture of business and other assets	`GainLossOnDispositionOfBusinessAndOtherAssets`	-	USD	Annual
Gain/(Loss) on divestiture of business and other assets	`GainLossOnDispositionOfBusinessAndOtherAssets`	$-2.67M	USD	Annual
Operating profit	`OperatingIncomeLoss`	$486.85M	USD	Annual
Operating profit	`OperatingIncomeLoss`	$715.79M	USD	Annual
Operating profit	`OperatingIncomeLoss`	$675.40M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$39.66M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	Annual
Non-operating pension costs	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$568.42M	USD	Annual
Non-operating pension costs	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$14.31M	USD	Annual
Non-operating pension costs	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$7.07M	USD	Annual
Interest expense	`InterestExpense`	$136.69M	USD	Annual
Interest expense	`InterestExpense`	$63.99M	USD	Annual
Interest expense	`InterestExpense`	$101.66M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$4.76M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$4.62M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$10.38M	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`	$614.83M	USD	Annual
Income/(Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$571.28M	USD	Annual
Income/(Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-160.98M	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`	$149.28M	USD	Annual
Income/(Loss) before equity in earnings of affiliates	`IncomeLossBeforeEquityEarningsinAffiliates`	$452.77M	USD	Annual
Income/(Loss) before equity in earnings of affiliates	`IncomeLossBeforeEquityEarningsinAffiliates`	$465.55M	USD	Annual
Income/(Loss) before equity in earnings of affiliates	`IncomeLossBeforeEquityEarningsinAffiliates`	$-93.55M	USD	Annual
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$14.21M	USD	Annual
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$10.35M	USD	Annual
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$10.84M	USD	Annual
Net income/(loss)	`ProfitLoss`	$-82.71M	USD	Annual
Net income/(loss)	`ProfitLoss`	$466.98M	USD	Annual
Net income/(loss)	`ProfitLoss`	$475.90M	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.77M	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$942.00K	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$543.00K	USD	Annual
Net income/(loss) attributable to Sonoco	`NetIncomeLoss`	$-85.48M	USD	Annual
Net income/(loss) attributable to Sonoco	`NetIncomeLoss`	$474.96M	USD	Annual
Net income/(loss) attributable to Sonoco	`NetIncomeLoss`	$466.44M	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	97.99M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	99.61M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	98.29M	shares	Annual
Assuming exercise of awards (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	0.00	shares	Annual
Assuming exercise of awards (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	596,000.00	shares	Annual
Assuming exercise of awards (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	741,000.00	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	99.61M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.73M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.89M	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`	$4.83	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`	$4.80	USD	Annual

Cash Flow Statement 136 line items

Line Item	Tag	Value	Unit	Period
Net income/(loss)	`ProfitLoss`	$-82.71M	USD	Annual
Net income/(loss)	`ProfitLoss`	$466.98M	USD	Annual
Net income/(loss)	`ProfitLoss`	$475.90M	USD	Annual
Asset impairment loss/(gain)	`AssetImpairmentCharges`	$21.44M	USD	Annual
Asset impairment loss/(gain)	`AssetImpairmentCharges`	$-4.08M	USD	Annual
Asset impairment loss/(gain)	`AssetImpairmentCharges`	$26.45M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$308.82M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$245.18M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$340.99M	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`	$31.31M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$22.61M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$27.78M	USD	Annual
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$14.21M	USD	Annual
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$10.35M	USD	Annual
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$10.84M	USD	Annual
Cash dividends from affiliated companies	`EquityMethodInvestmentDividendsOrDistributions`	$8.90M	USD	Annual
Cash dividends from affiliated companies	`EquityMethodInvestmentDividendsOrDistributions`	$8.66M	USD	Annual
Cash dividends from affiliated companies	`EquityMethodInvestmentDividendsOrDistributions`	$9.39M	USD	Annual
Net (gain)/loss on disposition of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$65.95M	USD	Annual
Net (gain)/loss on disposition of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$5.98M	USD	Annual
Net (gain)/loss on disposition of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-15.00K	USD	Annual
Net (gain)/loss on divestiture of business	`GainLossOnSaleOfBusiness`	$57.10M	USD	Annual
Net (gain)/loss on divestiture of business	`GainLossOnSaleOfBusiness`	-	USD	Annual
Net (gain)/loss on divestiture of business	`GainLossOnSaleOfBusiness`	$-2.67M	USD	Annual
Pension and postretirement plan expense	`PensionAndOtherPostretirementBenefitExpense`	$595.62M	USD	Annual
Pension and postretirement plan expense	`PensionAndOtherPostretirementBenefitExpense`	$17.46M	USD	Annual
Pension and postretirement plan expense	`PensionAndOtherPostretirementBenefitExpense`	$10.70M	USD	Annual
Pension and postretirement plan contributions	`PensionAndOtherPostretirementBenefitContributions`	$37.41M	USD	Annual
Pension and postretirement plan contributions	`PensionAndOtherPostretirementBenefitContributions`	$14.66M	USD	Annual
Pension and postretirement plan contributions	`PensionAndOtherPostretirementBenefitContributions`	$163.66M	USD	Annual
Net decrease in deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$158.84M	USD	Annual
Net decrease in deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$12.21M	USD	Annual
Net decrease in deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$9.88M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.47M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$149.75M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-24.93M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$130.12M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$353.48M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-342.71M	USD	Annual
Payable to suppliers	`IncreaseDecreaseInAccountsPayableTrade`	$-148.84M	USD	Annual
Payable to suppliers	`IncreaseDecreaseInAccountsPayableTrade`	$27.23M	USD	Annual
Payable to suppliers	`IncreaseDecreaseInAccountsPayableTrade`	$172.43M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-33.70M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.39M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$13.08M	USD	Annual
Income taxes payable and other income tax items	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$5.50M	USD	Annual
Income taxes payable and other income tax items	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-28.29M	USD	Annual
Income taxes payable and other income tax items	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-42.20M	USD	Annual
Accrued expenses and other assets and liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-13.41M	USD	Annual
Accrued expenses and other assets and liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-46.69M	USD	Annual
Accrued expenses and other assets and liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$17.88M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$882.92M	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`	$256.02M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$328.77M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$363.08M	USD	Annual
Cost of acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$22.21M	USD	Annual
Cost of acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$372.62M	USD	Annual
Cost of acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.43B	USD	Annual
Proceeds from the sale of business, net	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$33.24M	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 assets	`ProceedsFromSaleOfProductiveAssets`	$13.17M	USD	Annual
Proceeds from the sale of assets	`ProceedsFromSaleOfProductiveAssets`	$9.62M	USD	Annual
Proceeds from the sale of assets	`ProceedsFromSaleOfProductiveAssets`	$80.34M	USD	Annual
Investment in affiliated companies	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$2.70M	USD	Annual
Investment in affiliated companies	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$11.30M	USD	Annual
Investment in affiliated companies	`ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates`	$578.00K	USD	Annual
Other net investing proceeds	`PaymentsForProceedsFromOtherInvestingActivities`	$-7.01M	USD	Annual
Other net investing proceeds	`PaymentsForProceedsFromOtherInvestingActivities`	$-14.08M	USD	Annual
Other net investing proceeds	`PaymentsForProceedsFromOtherInvestingActivities`	$-7.43M	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-165.90M	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-619.34M	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.74B	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$962.56M	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`	$1.11B	USD	Annual
Principal repayment of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$285.51M	USD	Annual
Principal repayment of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$628.12M	USD	Annual
Net (decrease)/increase in commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	-	USD	Annual
Net (decrease)/increase in commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$-349.00M	USD	Annual
Net (decrease)/increase in commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$349.00M	USD	Annual
Net increase/(decrease) in book cash overdrafts	`IncreaseDecreaseInOutstandingChecksFinancingActivities`	$6.41M	USD	Annual
Net increase/(decrease) in book cash overdrafts	`IncreaseDecreaseInOutstandingChecksFinancingActivities`	$6.97M	USD	Annual
Net increase/(decrease) in book cash overdrafts	`IncreaseDecreaseInOutstandingChecksFinancingActivities`	$-18.53M	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`	-	USD	Annual
Cash dividends common	`PaymentsOfDividendsCommonStock`	$178.62M	USD	Annual
Cash dividends common	`PaymentsOfDividendsCommonStock`	$197.42M	USD	Annual
Cash dividends common	`PaymentsOfDividendsCommonStock`	$187.09M	USD	Annual
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	Annual
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$14.47M	USD	Annual
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$14.47M	USD	Point-in-time
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	Annual
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$1.01M	USD	Annual
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	-	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`	$3.62M	USD	Point-in-time
Payments for share repurchases	`PaymentsForRepurchaseOfCommonStock`	$10.62M	USD	Annual
Payments for share repurchases	`PaymentsForRepurchaseOfCommonStock`	$4.55M	USD	Annual
Payments for share repurchases	`PaymentsForRepurchaseOfCommonStock`	$218.09M	USD	Annual
Net cash (used)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-351.99M	USD	Annual
Net cash (used)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.29B	USD	Annual
Net cash (used)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-513.54M	USD	Annual
Effects of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-13.10M	USD	Annual
Effects of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.90M	USD	Annual
Effects of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.35M	USD	Annual
(Decrease)/Increase in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-393.87M	USD	Annual
(Decrease)/Increase in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-75.50M	USD	Annual
(Decrease)/Increase in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$56.46M	USD	Annual
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`	$151.94M	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`	$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`	$151.94M	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`	$20.25M	USD	Annual
Non-cash additions to property, plant and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$23.17M	USD	Annual
Non-cash additions to property, plant and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$27.34M	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`	$135.91M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$122.88M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$189.77M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$133.61M	USD	Annual

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.07B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.85B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.91B	USD	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	97.64M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	97.96M	shares	Point-in-time
Net income (loss)	`ProfitLoss`	$-82.71M	USD	Annual
Net income (loss)	`ProfitLoss`	$466.98M	USD	Annual
Net income (loss)	`ProfitLoss`	$475.90M	USD	Annual
Translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$70.31M	USD	Annual
Translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-75.64M	USD	Annual
Translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-68.78M	USD	Annual
Defined benefit plan adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-471.35M	USD	Annual
Defined benefit plan adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-424.00K	USD	Annual
Defined benefit plan adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$8.65M	USD	Annual
Derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.74M	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`	$-70.20M	USD	Annual
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTax`	$63.39M	USD	Annual
Dividends paid to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.01M	USD	Annual
Purchase of noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$13.20M	USD	Annual
Dividends	`DividendsCommonStock`	$188.26M	USD	Annual
Dividends	`DividendsCommonStock`	$198.76M	USD	Annual
Dividends	`DividendsCommonStock`	$179.73M	USD	Annual
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.34M	USD	Annual
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.17M	USD	Annual
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.11M	USD	Annual
Shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$4.55M	USD	Annual
Shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$10.62M	USD	Annual
Shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$218.09M	USD	Annual
Stock repurchased and retired (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	58.41M	shares	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.78M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.61M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.31M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.07B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.85B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.91B	USD	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	97.64M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	97.96M	shares	Point-in-time

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
Net income/(loss)	`ProfitLoss`	$-82.71M	USD	Annual
Net income/(loss)	`ProfitLoss`	$466.98M	USD	Annual
Net income/(loss)	`ProfitLoss`	$475.90M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$70.31M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-75.64M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-68.78M	USD	Annual
Changes in defined benefit plans, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-471.35M	USD	Annual
Changes in defined benefit plans, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-424.00K	USD	Annual
Changes in defined benefit plans, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$8.65M	USD	Annual
Change in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.74M	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`	$-70.20M	USD	Annual
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTax`	$63.39M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$539.29M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$314.12M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$396.78M	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.77M	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$942.00K	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$543.00K	USD	Annual
Other comprehensive loss/(income) attributable to noncontrolling interests	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$460.00K	USD	Annual
Other comprehensive loss/(income) attributable to noncontrolling interests	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-584.00K	USD	Annual
Other comprehensive loss/(income) attributable to noncontrolling interests	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-430.00K	USD	Annual
Comprehensive income attributable to Sonoco	`ComprehensiveIncomeNetOfTax`	$538.78M	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.