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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 170,978 $ 564,848
Trade accounts receivable, net of allowances of $19,651 in 2021 and $20,920 in 2020 755,609 658,808
Other receivables 95,943 103,636
Inventories    
Finished and in process 199,823 167,018
Materials and supplies 362,290 283,673
Prepaid expenses 74,034 52,564
Total Current Assets 1,658,677 1,830,547
Property, Plant and Equipment, Net 1,297,500 1,244,110
Goodwill 1,324,501 1,389,255
Other Intangible Assets, Net 278,143 321,934
Long-term Deferred Income Taxes 25,818 42,479
Right of Use Asset-Operating Leases 268,390 296,020
Other Assets 220,206 152,914
Total Assets 5,073,235 5,277,259
Current Liabilities    
Payable to suppliers 721,312 536,939
Accrued expenses and other 290,874 430,241
Accrued wages and other compensation 90,476 81,248
Less current portion and short-term notes 411,557 455,784
Accrued taxes 11,544 7,415
Total Current Liabilities 1,525,763 1,511,627
Long-term Debt 1,199,106 1,244,440
Noncurrent Operating Lease Liabilities 234,167 262,048
Pension and Other Postretirement Benefits 158,265 171,518
Deferred Income Taxes 70,482 86,018
Other Liabilities 35,911 91,080
Commitments and Contingencies
Sonoco Shareholders’ Equity    
Serial preferred stock, no par value Authorized 30,000,000 shares 0 shares issued and outstanding as of December 31, 2021 and 2020
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 7,175 7,175
Capital in excess of stated value 119,690 314,056
Accumulated other comprehensive loss (359,425) (756,842)
Retained earnings 2,070,005 2,335,216
Total Sonoco Shareholders’ Equity 1,837,445 1,899,605
Noncontrolling Interests 12,096 10,923
Total Equity 1,849,541 1,910,528
Total Liabilities and Equity $ 5,073,235 $ 5,277,259