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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Oct. 02, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents [1] $ 182,238 $ 170,978
Trade accounts receivable, net of allowances [1] 972,874 755,609
Other receivables [1] 113,206 95,943
Inventories, net:    
Finished and in process [1] 460,872 199,823
Materials and supplies [1] 555,266 362,290
Prepaid expenses [1] 126,864 74,034
Total Current Assets 2,411,320 [1] 1,658,677
Property, Plant and Equipment, Net [1] 1,627,283 1,297,500
Goodwill [1] 1,641,948 1,324,501
Other Intangible Assets, Net [1] 709,723 278,143
Deferred Income Taxes [1] 22,260 25,818
Right of Use Asset-Operating Leases [1] 296,838 268,390
Other Assets [1] 266,274 220,206
Total Assets 6,975,646 [1] 5,073,235
Current Liabilities    
Payable to suppliers [1] 888,394 721,312
Accrued expenses and other [1] 413,547 381,350
Notes payable and current portion of long-term debt [1] 416,929 411,557
Accrued taxes [1] 36,602 11,544
Total Current Liabilities 1,755,472 [1] 1,525,763
Long-term Debt, Net of Current Portion [1] 2,723,101 1,199,106
Noncurrent Operating Lease Liabilities [1] 253,466 234,167
Pension and Other Postretirement Benefits [1] 152,118 158,265
Deferred Income Taxes [1] 115,221 70,482
Other Liabilities [1] 41,187 35,911
Common stock, no par value    
Authorized 300,000 shares 97,512 and 97,370 shares issued and outstanding at October 2, 2022 and December 31, 2021, respectively [1] 7,175 7,175
Capital in excess of stated value [1] 134,917 119,690
Accumulated other comprehensive loss [1] (512,525) (359,425)
Retained earnings [1] 2,299,040 2,070,005
Total Sonoco Shareholders’ Equity 1,928,607 [1] 1,837,445
Noncontrolling Interests [1] 6,474 12,096
Total Equity [1] 1,935,081 1,849,541
Total Liabilities and Equity [1] $ 6,975,646 $ 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.”).