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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Sep. 29, 2024
Dec. 31, 2023
 [1]
Current Assets    
Cash and cash equivalents $ 1,930,633 $ 151,937
Trade accounts receivable, net of allowances 1,042,520 904,898
Other receivables 110,042 106,644
Inventories, net:    
Finished and in process 304,042 324,910
Materials and supplies 451,210 448,591
Prepaid expenses 130,584 113,385
Total Current Assets 3,969,031 2,050,365
Property, Plant and Equipment, Net 1,930,025 1,906,137
Goodwill 1,780,967 1,810,654
Other Intangible Assets, Net 785,616 853,670
Deferred Income Taxes 28,682 31,329
Right of Use Asset-Operating Leases 314,611 314,944
Other Assets 233,929 224,858
Total Assets 9,042,861 7,191,957
Current Liabilities    
Payable to suppliers 748,193 707,490
Accrued expenses and other 438,296 400,014
Notes payable and current portion of long-term debt 481,706 47,132
Accrued taxes 10,084 10,641
Total Current Liabilities 1,678,279 1,165,277
Long-term Debt, Net of Current Portion 4,320,442 3,035,868
Noncurrent Operating Lease Liabilities 269,251 265,454
Pension and Other Postretirement Benefits 137,302 142,900
Deferred Income Taxes 84,048 100,788
Other Liabilities 66,379 49,835
Commitments and Contingencies
Common stock, no par value    
Authorized 300,000 shares 98,258 and 97,957 shares issued and outstanding at September 29, 2024 and December 31, 2023, respectively 7,175 7,175
Capital in excess of stated value 175,532 159,047
Accumulated other comprehensive loss (382,010) (366,262)
Retained earnings 2,678,242 2,624,380
Total Sonoco Shareholders’ Equity 2,478,939 2,424,340
Noncontrolling Interests 8,221 7,495
Total Equity 2,487,160 2,431,835
Total Liabilities and Equity $ 9,042,861 $ 7,191,957
[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.”).