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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jul. 04, 2021
Dec. 31, 2020
[1]
Current Assets    
Cash and cash equivalents $ 263,529 $ 564,848
Trade accounts receivable, net of allowances 727,967 658,808
Other receivables 100,060 103,636
Inventories, net:    
Finished and in process 177,531 167,018
Materials and supplies 326,401 283,673
Prepaid expenses 51,354 52,564
Total Current Assets 1,646,842 1,830,547
Property, Plant and Equipment, Net 1,233,065 1,244,110
Goodwill 1,333,400 1,389,255
Other Intangible Assets, Net 295,193 321,934
Deferred Income Taxes 41,085 42,479
Right of Use Asset-Operating Leases 271,241 296,020
Other Assets 173,216 152,914
Total Assets 4,994,042 5,277,259
Current Liabilities    
Payable to suppliers 641,003 536,939
Accrued expenses and other 351,221 511,489
Notes payable and current portion of long-term debt 404,029 455,784
Accrued taxes 8,654 7,415
Total Current Liabilities 1,404,907 1,511,627
Long-term Debt, Net of Current Portion 1,194,063 1,244,440
Noncurrent Operating Lease Liabilities 237,447 262,048
Pension and Other Postretirement Benefits 165,997 171,518
Deferred Income Taxes 79,143 86,018
Other Liabilities 90,052 91,080
Common stock, no par value    
Authorized 300,000 shares 98,829 and 100,447 shares issued and outstanding at July 4, 2021 and December 31, 2020, respectively 7,175 7,175
Capital in excess of stated value 166,295 314,056
Accumulated other comprehensive loss (344,456) (756,842)
Retained earnings 1,982,430 2,335,216
Total Sonoco Shareholders’ Equity 1,811,444 1,899,605
Noncontrolling Interests 10,989 10,923
Total Equity 1,822,433 1,910,528
Total Liabilities and Equity $ 4,994,042 $ 5,277,259
[1] The year-end condensed consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America.