v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 28, 2026
Dec. 31, 2025
[1]
Current Assets    
Cash and cash equivalents $ 168,648 $ 378,398
Trade accounts receivable, net of allowances 1,011,392 842,810
Other receivables 184,121 178,755
Inventories, net:    
Finished goods 469,056 370,303
Work in process 179,993 161,313
Work in process 606,370 589,393
Prepaid expenses 167,778 125,352
Total Current Assets 2,787,358 2,646,324
Property, Plant and Equipment, Net 2,707,744 2,797,800
Goodwill 2,463,738 2,511,611
Other Intangible Assets, Net 2,533,392 2,683,474
Deferred Income Taxes 23,212 54,449
Right of Use Asset-Operating Leases 302,699 307,450
Other Assets 155,940 161,226
Total Assets 10,974,083 11,162,334
Current Liabilities    
Payable to suppliers 1,096,716 1,084,152
Accrued expenses and other payables 697,776 777,752
Notes payable and current portion of long-term debt 968,752 537,952
Accrued taxes 38,583 128,821
Total Current Liabilities 2,801,827 2,528,677
Long-term Debt, Net of Current Portion 3,484,464 3,788,973
Noncurrent Operating Lease Liabilities 259,244 263,192
Pension and Other Postretirement Benefits 169,527 177,976
Deferred Income Taxes 529,663 557,034
Other Liabilities 130,835 214,650
Total Liabilities 7,375,560 7,530,502
Commitments and Contingencies (See Note 18)
Common stock, no par value    
Authorized 300,000 shares 98,869 and 98,634 shares issued and outstanding at June 28, 2026 and December 31, 2025, respectively 7,175 7,175
Capital in excess of stated value 197,408 191,855
Accumulated other comprehensive (loss)/income (67,207) 37,204
Retained earnings 3,443,685 3,377,647
Total Sonoco Shareholders’ Equity 3,581,061 3,613,881
Noncontrolling Interests 17,462 17,951
Total Equity 3,598,523 3,631,832
Total Liabilities and Equity $ 10,974,083 $ 11,162,334
[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.”).