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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Sep. 27, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 782,679 $ 145,283 [1]
Trade accounts receivable, net of allowances 693,612 698,149 [1]
Other receivables 92,731 113,754 [1]
Inventories, net:    
Finished and in process 151,667 172,223 [1]
Materials and supplies 294,160 331,585 [1]
Assets held for sale 202,069 0
Prepaid expenses 66,516 60,202 [1]
Total Current Assets 2,283,434 1,521,196 [1]
Property, Plant and Equipment, Net 1,227,122 1,286,842 [1]
Goodwill 1,369,283 1,429,346 [1]
Other Intangible Assets, Net 374,374 388,292 [1]
Deferred Income Taxes 41,629 46,502 [1]
Right of Use Asset-Operating Leases 306,077 298,393 [1]
Other Assets 165,313 155,718 [1]
Total Assets 5,767,232 5,126,289 [1]
Current Liabilities    
Payable to suppliers 506,170 537,764 [1]
Accrued expenses and other 375,972 367,114 [1]
Notes payable and current portion of long-term debt 508,960 488,234 [1]
Accrued taxes 14,092 11,380 [1]
Liabilities held for sale 93,849 0
Total Current Liabilities 1,499,043 1,404,492 [1]
Long-term Debt, Net of Current Portion 1,627,037 1,193,135 [1]
Noncurrent Operating Lease Liabilities 268,790 253,992 [1]
Pension and Other Postretirement Benefits 303,623 304,798 [1]
Deferred Income Taxes 94,831 76,206 [1]
Other Liabilities 92,575 77,961 [1]
Common stock, no par value    
Authorized 300,000 shares 100,416 and 100,198 shares issued and outstanding at September 27, 2020 and December 31, 2019, respectively 7,175 7,175 [1]
Capital in excess of stated value 310,912 310,778 [1]
Accumulated other comprehensive loss (837,214) (816,803) [1]
Retained earnings 2,390,272 2,301,532 [1]
Total Sonoco Shareholders’ Equity 1,871,145 1,802,682 [1]
Noncontrolling Interests 10,188 13,023 [1]
Total Equity 1,881,333 1,815,705 [1]
Total Liabilities and Equity $ 5,767,232 $ 5,126,289 [1]
[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.