XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jul. 03, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents [1] $ 174,996 $ 170,978
Trade accounts receivable, net of allowances [1] 1,025,680 755,609
Other receivables [1] 98,735 95,943
Inventories, net:    
Finished and in process [1] 457,139 199,823
Materials and supplies [1] 517,352 362,290
Prepaid expenses [1] 102,582 74,034
Total Current Assets [1] 2,376,484 1,658,677
Property, Plant and Equipment, Net [1] 1,628,818 1,297,500
Goodwill [1] 1,658,358 1,324,501
Other Intangible Assets, Net [1] 733,214 278,143
Deferred Income Taxes [1] 23,026 25,818
Right of Use Asset-Operating Leases [1] 296,643 268,390
Other Assets [1] 272,967 220,206
Total Assets [1] 6,989,510 5,073,235
Current Liabilities    
Payable to suppliers [1] 938,934 721,312
Accrued expenses and other [1] 386,663 381,350
Notes payable and current portion of long-term debt [1] 399,025 411,557
Accrued taxes [1] 20,516 11,544
Total Current Liabilities [1] 1,745,138 1,525,763
Long-term Debt, Net of Current Portion [1] 2,727,916 1,199,106
Noncurrent Operating Lease Liabilities [1] 254,520 234,167
Pension and Other Postretirement Benefits [1] 153,807 158,265
Deferred Income Taxes [1] 130,421 70,482
Other Liabilities [1] 41,317 35,911
Common stock, no par value    
Authorized 300,000 shares 97,495 and 97,370 shares issued and outstanding at July 3, 2022 and December 31, 2021, respectively [1] 7,175 7,175
Capital in excess of stated value [1] 128,332 119,690
Accumulated other comprehensive loss [1] (430,677) (359,425)
Retained earnings [1] 2,224,845 2,070,005
Total Sonoco Shareholders’ Equity [1] 1,929,675 1,837,445
Noncontrolling Interests [1] 6,716 12,096
Total Equity [1] 1,936,391 1,849,541
Total Liabilities and Equity [1] $ 6,989,510 $ 5,073,235
[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 (the "United States" or "U.S.").