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Below are the financial statements of Sonoco Products, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Sonoco Products, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 431.01a | 138.9a |
| Trade accounts receivable, net | 907.53a | 686.28a |
| Other receivables | 175.88a | 57.97a |
| Inventories | — | — |
| Finished and in process | 494.09a | 238.4a |
| Materials and supplies | 522.05a | 365.25a |
| Prepaid expenses | 197.13a | 103.96a |
| Current assets of discontinued operations | 450.87a | 459.62a |
| Total current assets | 3,178.56a | 2,050.37a |
| Property, plant and equipment, net | 2,718.75a | 1,662.77a |
| Goodwill | 2,525.66a | 1,298.01a |
| Other intangible assets, net | 2,586.7a | 726.56a |
| Long-term deferred income taxes | 17.37a | 30.62a |
| Right of use asset - operating leases | 307.69a | 233.46a |
| Other assets | 208.76a | 206.06a |
| Non-current assets of discontinued operations | 964.31a | 984.11a |
| Total assets | 12,507.79a | 7,191.96a |
| Liabilities and equity | — | — |
| Current liabilities | — | — |
| Payable to suppliers | 1,130.5a | 537.88a |
| Accrued expenses and other | 463.54a | 265.43a |
| Accrued wages and other compensation | 140.91a | 63.77a |
| Notes payable and current portion of long-term debt | 2,054.53a | 38.93a |
| Accrued taxes | 6.76a | 10.86a |
| Current liabilities of discontinued operations | 242.06a | 248.4a |
| Total current liabilities | 4,038.29a | 1,165.28a |
| Long-term debt | 4,985.5a | 2,998a |
| Noncurrent operating lease liabilities | 258.74a | 192.7a |
| Pension and other postretirement benefits | 180.83a | 142.78a |
| Deferred income taxes | 583.47a | 93.85a |
| Other liabilities | 60.85a | 49.36a |
| Non-current liabilities of discontinued operations | 113.91a | 118.14a |
| Total liabilities | 10,221.58a | 4,760.12a |
| Sonoco shareholders’ equity | — | — |
| Common shares | 7.18a | 7.18a |
| Capital in excess of stated value | 183.25a | 159.05a |
| Accumulated other comprehensive loss | -502.73a | -366.26a |
| Retained earnings | 2,583.92a | 2,624.38a |
| Total Sonoco shareholders’ equity | 2,271.61a | 2,424.34a |
| Noncontrolling interests | 14.6a | 7.5a |
| Total equity | 2,286.21a | 2,431.84a |
| Total liabilities and equity | 12,507.79a | 7,191.96a |
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