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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 30, 2025
Dec. 31, 2024
[1]
Current Assets    
Cash and cash equivalents $ 181,829 $ 431,010
Trade accounts receivable, net of allowances 994,293 907,526
Other receivables 191,513 175,877
Inventories, net:    
Finished and in process 583,190 494,090
Materials and supplies 558,667 522,049
Prepaid expenses 200,874 197,134
Current assets of discontinued operations 463,908 450,874
Total Current Assets 3,174,274 3,178,560
Property, Plant and Equipment, Net 2,775,734 2,718,747
Goodwill 2,589,203 2,525,657
Other Intangible Assets, Net 2,623,961 2,586,698
Deferred Income Taxes 14,875 17,371
Right of Use Asset-Operating Leases 329,601 307,688
Other Assets 196,999 208,759
Non-current assets of discontinued operations 975,946 964,310
Total Assets 12,680,593 12,507,790
Current Liabilities    
Payable to suppliers 1,023,006 1,130,500
Accrued expenses and other 551,451 604,455
Notes payable and current portion of long-term debt 2,147,787 2,054,525
Accrued taxes 22,516 6,755
Current liabilities of discontinued operations 240,387 242,056
Total Current Liabilities 3,985,147 4,038,291
Long-term Debt, Net of Current Portion 4,978,337 4,985,496
Noncurrent Operating Lease Liabilities 277,932 258,735
Pension and Other Postretirement Benefits 183,280 180,827
Deferred Income Taxes 578,679 583,470
Other Liabilities 118,125 60,847
Non-current liabilities of discontinued operations 97,161 113,911
Total Liabilities 10,218,661 10,221,577
Commitments and Contingencies (See Note 18)
Common stock, no par value    
Authorized 300,000 shares; 98,628 and 98,260 shares issued and outstanding at March 30, 2025 and December 31, 2024, respectively 7,175 7,175
Capital in excess of stated value 178,778 183,250
Accumulated other comprehensive loss (324,569) (502,734)
Retained earnings 2,586,794 2,583,923
Total Sonoco Shareholders’ Equity 2,448,178 2,271,614
Noncontrolling Interests 13,754 14,599
Total Equity 2,461,932 2,286,213
Total Liabilities and Equity $ 12,680,593 $ 12,507,790
[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.”).