Sonoco Products (SON) 10-Q 3 May 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Apr. 03, 2022	Apr. 22, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 3, 2022
Document Transition Report	false
Entity File Number	001-11261
Entity Registrant Name	Sonoco Products Company
Entity Incorporation, State or Country Code	SC
Entity Tax Identification Number	57-0248420
Entity Address, Address Line One	1 N. Second St.
Entity Address, City or Town	Hartsville
Entity Address, State or Province	SC
Entity Address, Postal Zip Code	29550
City Area Code	843)
Local Phone Number	383-7000
Title of 12(b) Security	No par value common stock
Trading Symbol	SON
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		97,493,030
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Entity Central Index Key	0000091767
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands		Apr. 03, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	[1]	$ 151,537	$ 170,978
Trade accounts receivable, net of allowances	[1]	1,000,415	755,609
Other receivables	[1]	110,731	95,943
Inventories, net:
Finished and in process	[1]	418,000	199,823
Materials and supplies	[1]	450,251	362,290
Prepaid expenses	[1]	119,711	74,034
Total Current Assets	[1]	2,250,645	1,658,677
Property, Plant and Equipment, Net	[1]	1,640,774	1,297,500
Goodwill	[1]	1,688,308	1,324,501
Other Intangible Assets, Net	[1]	756,967	278,143
Deferred Income Taxes	[1]	25,590	25,818
Right of Use Asset-Operating Leases	[1]	315,604	268,390
Other Assets	[1]	278,100	220,206
Total Assets	[1]	6,955,988	5,073,235
Current Liabilities
Payable to suppliers	[1]	872,340	721,312
Accrued expenses and other	[1]	383,597	381,350
Notes payable and current portion of long-term debt	[1]	440,698	411,557
Accrued taxes	[1]	18,370	11,544
Total Current Liabilities	[1]	1,715,005	1,525,763
Long-term Debt, Net of Current Portion	[1]	2,730,146	1,199,106
Noncurrent Operating Lease Liabilities	[1]	272,157	234,167
Pension and Other Postretirement Benefits	[1]	153,818	158,265
Deferred Income Taxes	[1]	124,918	70,482
Other Liabilities	[1]	41,013	35,911
Common stock, no par value
Authorized 300,000 shares 97,492 and 97,370 shares issued and outstanding at April 3, 2022 and December 31, 2021, respectively	[1]	7,175	7,175
Capital in excess of stated value	[1]	120,266	119,690
Accumulated other comprehensive loss	[1]	(356,869)	(359,425)
Retained earnings	[1]	2,141,214	2,070,005
Total Sonoco Shareholders’ Equity		1,911,786	1,837,445	[1]
Noncontrolling Interests	[1]	7,145	12,096
Total Equity		1,918,931	1,849,541	[1]
Total Liabilities and Equity		$ 6,955,988	$ 5,073,235	[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.

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - shares shares in Thousands	Apr. 03, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Common stock, shares authorized (in shares)	300,000	300,000
Common stock, shares issued (in shares)	97,492	97,370
Common stock, shares outstanding (in shares)	97,492	97,370

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
Income Statement [Abstract]
Net sales	$ 1,770,982	$ 1,353,304
Cost of sales	1,399,417	1,075,403
Gross profit	371,565	277,901
Selling, general and administrative expenses	190,362	145,230
Restructuring/Asset impairment charges	12,142	6,846
Loss on divestiture of business	0	5,516
Operating profit	169,061	120,309
Non-operating pension costs	1,324	7,284
Interest expense	20,581	18,501
Interest income	1,516	770
Income before income taxes	148,672	95,294
Provision for income taxes	35,289	24,045
Income before equity in earnings of affiliates	113,383	71,249
Equity in earnings of affiliates, net of tax	2,224	1,044
Net income	115,607	72,293
Net (income)/loss attributable to noncontrolling interests	(274)	4
Net income attributable to Sonoco	$ 115,333	$ 72,297
Weighted average common shares outstanding:
Basic (in shares)	97,924	101,046
Diluted (in shares)	98,554	101,492
Net income attributable to Sonoco:
Basic (in usd per share)	$ 1.18	$ 0.72
Diluted (in usd per share)	$ 1.17	$ 0.71

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 115,607	$ 72,293
Other comprehensive income/(loss):
Foreign currency translation adjustments	706	(32,541)
Changes in defined benefit plans, net of tax	191	5,385
Changes in derivative financial instruments, net of tax	2,550	958
Other comprehensive income/(loss)	3,447	(26,198)
Comprehensive income:	119,054	46,095
Net (income)/loss attributable to noncontrolling interests	(274)	4
Other comprehensive (income)/ loss attributable to noncontrolling interests	(891)	520
Comprehensive income attributable to Sonoco	$ 117,889	$ 46,619

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN TOTAL EQUITY (unaudited) - USD ($) shares in Thousands, $ in Thousands	Total		Common Shares	Capital in Excess of Stated Value	Accumulated Other Comprehensive Loss	Retained Earnings	Noncontrolling Interests
Beginning Balance at Dec. 31, 2020	$ 1,910,528		$ 7,175	$ 314,056	$ (756,842)	$ 2,335,216	$ 10,923
Beginning balance (in shares) at Dec. 31, 2020			100,447
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	72,293					72,297	(4)
Other comprehensive income/(loss):
Translation gain/(loss)	(32,541)				(32,021)		(520)
Defined benefit plan adjustment, net of tax	5,385				5,385
Derivative financial instruments, net of tax	958				958
Other comprehensive income/(loss)	(26,198)				(25,678)		(520)
Dividends	(45,510)					(45,510)
Issuance of stock awards	364			364
Issuance of stock awards (in shares)			245
Shares repurchased	(5,051)			(5,051)
Shares repurchased (in shares)			(85)
Stock-based compensation	6,372			6,372
Ending Balance at Apr. 04, 2021	1,912,798		$ 7,175	315,741	(782,520)	2,362,003	10,399
Ending balance (in shares) at Apr. 04, 2021			100,607
Beginning Balance at Dec. 31, 2021	$ 1,849,541	[1]	$ 7,175	119,690	(359,425)	2,070,005	12,096
Beginning balance (in shares) at Dec. 31, 2021	97,370		97,370
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 115,607					115,333	274
Other comprehensive income/(loss):
Translation gain/(loss)	706				(185)		891
Defined benefit plan adjustment, net of tax	191				191
Derivative financial instruments, net of tax	2,550				2,550
Other comprehensive income/(loss)	3,447				2,556		891
Dividends	(44,124)					(44,124)
Purchase of noncontrolling interest	(13,196)			(7,080)			(6,116)
Issuance of stock awards	377			377
Issuance of stock awards (in shares)			182
Shares repurchased	(3,410)			(3,410)
Shares repurchased (in shares)			(60)
Stock-based compensation	10,689			10,689
Ending Balance at Apr. 03, 2022	$ 1,918,931		$ 7,175	$ 120,266	$ (356,869)	$ 2,141,214	$ 7,145
Ending balance (in shares) at Apr. 03, 2022	97,492		97,492
[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.

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
Cash Flows from Operating Activities:
Net income	$ 115,607	$ 72,293
Adjustments to reconcile net income to net cash provided by operating activities:
Asset impairment	5,511	4,149
Depreciation, depletion and amortization	70,602	61,599
Share-based compensation expense	10,689	6,372
Equity in earnings of affiliates	(2,224)	(1,044)
Cash dividends from affiliated companies	350	350
Net loss/(gain) on disposition of assets	190	(1,861)
Net loss on divestiture of businesses	0	5,516
Pension and postretirement plan expense	2,232	14,674
Pension and postretirement plan contributions	(28,095)	(26,338)
Net increase/(decrease) in deferred taxes	4,613	(6,933)
Change in assets and liabilities, net of effects from acquisitions and foreign currency adjustments:
Trade accounts receivable	(129,670)	(44,307)
Inventories	(116,169)	(36,682)
Payable to suppliers	60,356	51,039
Prepaid expenses	(6,954)	(336)
Income taxes payable and other income tax items	13,786	20,056
Accrued expenses and other assets and liabilities	236	20,168
Net cash provided by operating activities	1,060	138,715
Cash Flows from Investing Activities:
Purchases of property, plant and equipment	(67,507)	(39,549)
Cost of acquisitions, net of cash acquired	(1,348,589)	(2,353)
Proceeds from the sale of assets	183	234
Other net investing proceeds	145	2,701
Net cash used in investing activities	(1,415,768)	(38,967)
Cash Flows from Financing Activities:
Proceeds from issuance of debt	1,530,145	4,934
Principal repayment of debt	(33,117)	(11,350)
Net change in commercial paper	(27,000)	0
Net decrease in outstanding checks	(15,759)	(13,208)
Cash dividends	(43,747)	(45,142)
Purchase of noncontrolling interest	(14,474)	0
Payments for share repurchases	(3,410)	(5,051)
Net cash provided/(used) by financing activities	1,392,638	(69,817)
Effects of Exchange Rate Changes on Cash	2,629	(7,247)
Net (Decrease)/Increase in Cash and Cash Equivalents	(19,441)	22,684
Cash and cash equivalents at beginning of period	170,978	564,848
Cash and cash equivalents at end of period	$ 151,537	$ 587,532

Basis of Interim Presentation

Basis of Interim Presentation	3 Months Ended
	Apr. 03, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Interim Presentation	Basis of Interim Presentation In the opinion of the management of Sonoco Products Company (the “Company” or “Sonoco”), the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting of only normal recurring adjustments, unless otherwise stated) necessary to state fairly the consolidated financial position, results of operations and cash flows for the interim periods reported herein. Operating results for the three months ended April 3, 2022, are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021.With respect to the unaudited condensed consolidated financial information of the Company for the three-month periods ended April 3, 2022 and April 4, 2021 included in this Form 10-Q, PricewaterhouseCoopers LLP reported that they have applied limited procedures in accordance with professional standards for a review of such information. However, their separate report dated May 3, 2022 appearing herein, states that they did not audit and they do not express an opinion on that unaudited financial information. Accordingly, the degree of reliance on their report on such information should be restricted in light of the limited nature of the review procedures applied. PricewaterhouseCoopers LLP is not subject to the liability provisions of Section 11 of the Securities Act of 1933 for their report on the unaudited financial information because that report is not a “report” or a “part” of a registration statement prepared or certified by PricewaterhouseCoopers LLP within the meaning of Sections 7 and 11 of the Act.

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Apr. 03, 2022
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements In March 2022, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2022-02, Financial Instruments — Credit Losses (Topic 326), Troubled Debt Restructurings ("TDRs") and Vintage Disclosures. The amendments in this update eliminate the accounting guidance for TDRs while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. The amendments in this update also require that an entity disclose current-period gross writeoffs by year of origination for financing receivables and net investments in leases. The Company does not expect this pronouncement to materially affect its consolidated financial statements. In October 2021, the FASB issued ASU 2021-08 – Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers (“ASU 2021-08”). Under current accounting standards, contract assets and contract liabilities acquired in a business combination are to be recorded at fair value using the ASC 805 measurement principle. ASU 2021-08 requires the acquirer to recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with Topic 606: Revenue from Contracts with Customers as if the acquirer had originated the contracts rather than at fair value. ASU 2021-08 is effective for fiscal years beginning after December 15, 2022, with early adoption permitted. The Company elected to early adopt ASU 2021-08 on a prospective basis as of January 1, 2022. The election to use practical expedients allowed under ASU 2021-08 will be applied on an acquisition-by-acquisition basis. There was no impact to the Company’s consolidated financial statements as of the adoption date. During the three-month period ended April 3, 2022, there have been no other newly issued or newly applicable accounting pronouncements that have had, or are expected to have, a material impact on the Company’s financial statements. Further, at April 3, 2022, there are no other pronouncements pending adoption that are expected to have a material impact on the Company’s consolidated financial statements.

Acquisitions and Divestitures

Acquisitions and Divestitures	3 Months Ended
	Apr. 03, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions and Divestitures	Acquisitions and Divestitures Acquisitions On January 26, 2022, the Company completed the acquisition of Ball Metalpack Holding, LLC ("Ball Metalpack"), a leading supplier of sustainable metal packaging for food and household products and the largest aerosol can producer in North America, for $1,348,589, net of cash acquired. Ball Metalpack was a joint venture owned by Platinum Equity (51%) and Ball Corporation (49%). Ball Metalpack was formed in 2018 and consists of eight manufacturing plants in the United States and a headquarters facility in Broomfield, Colorado. This acquisition fits the Company's strategy of investing in its core businesses as it complements the Company's largest Consumer Packaging franchise – global rigid paper containers. In addition, it further expands the Company's sustainable packaging portfolio to include metal packaging. Final consideration is subject to customary post-closing adjustments for working capital, cash and indebtedness. The Company's funding of the acquisition was based on an estimate of cash on hand at closing. The actual cash on hand at January 26, 2022 was $6,924 lower than estimated; accordingly, the Company has recorded a receivable for this amount from the sellers on its Condensed Consolidated Balance Sheet at April 3, 2022. The post-closing adjustments are expected to be finalized during the second quarter of 2022. The preliminary fair values of the assets acquired and the liabilities assumed in the Ball Metalpack acquisition are as follows: Trade accounts receivable $ 123,001 Inventories 190,070 Prepaid expenses 44,530 Property, plant and equipment 333,496 Right of use asset - operating leases 38,000 Other intangible assets 498,000 Goodwill 366,098 Payable to suppliers (105,580) Accrued expenses and other (25,253) Notes payable and current portion of long-term debt (46,463) Noncurrent operating lease liabilities (30,448) Long-term debt (39,543) Deferred income taxes (52,312) Other net tangible assets 48,069 Net assets, excluding cash $ 1,341,665 Factors comprising goodwill include increased access to certain markets as well as the value of the assembled workforce. Approximately 78% of goodwill is expected to be deductible for income tax purposes. Ball Metalpack's financial results are included in the Company's Consumer Packaging segment. The allocation of the purchase price of Ball Metalpack to the tangible and intangible assets acquired and liabilities assumed was based on the Company's preliminary estimates of their fair value, based on information currently available. Management is continuing to finalize its valuation of certain assets and liabilities including, but not limited to: inventory; property, plant and equipment; goodwill; other intangible assets; deferred income taxes; and trade accounts receivable, and expects to complete its valuations within one year of the date of acquisition. The Company has accounted for this acquisition as a business combination under the acquisition method and has included the results of operations of the acquired business in the Company's Condensed Consolidated Statements of Income from the date of acquisition. These results include a $25,000 charge related to the amortization of the fair value step-up of finished goods inventory acquired and sold through to customers from the date of acquisition through April 3, 2022. The following table presents the unaudited financial results for Ball Metalpack from the date of acquisition through the end of the three month period ended April 3, 2022: Supplemental Information (unaudited) January 26 to Ball Metalpack April 3, 2022 Actual net sales $ 171,228 Actual net income $ 14,019 The following table presents the Company’s estimated unaudited pro forma consolidated results for the three month periods ended April 3, 2022 and April 4, 2021, assuming the acquisition of Ball Metalpack had occurred on January 1, 2021. This unaudited pro forma information is presented for informational purposes only and does not purport to represent the results of operations that would have been achieved if the acquisition had been completed at the beginning of 2021, nor is it necessarily indicative of future consolidated results. Pro Forma Supplemental Information (unaudited) Three Months Ended Consolidated April 3, 2022 April 4, 2021 Net sales $ 1,820,570 $ 1,549,616 Net income attributable to Sonoco $ 164,881 $ 20,813 The unaudited pro forma information above does not project the Company’s expected results for any future period and gives no effect to any future synergistic benefits that may result from the combination or the costs of integrating the acquired operations with those of the Company. Unaudited pro forma information for the three-month periods ended April 3, 2022 and April 4, 2021 includes adjustments to depreciation, amortization, and income taxes based upon the fair value allocation of the purchase price to Ball Metalpack's tangible and intangible assets acquired and liabilities assumed as though the acquisition had occurred on January 1, 2021. Interest expense on the additional debt issued by the Company to fund the acquisition and retention bonuses incurred related to the acquisition are also included in the unaudited pro forma information as if the acquisition had occurred on January 1, 2021. Acquisition-related costs of $22,284 and a charge related to fair value adjustments to acquisition-date inventory of $25,000 were recognized during the three months ended April 3, 2022. These costs are excluded from 2022 unaudited pro forma net income and are instead reflected in 2021 pro forma net income as though they were incurred on January 1, 2021. Divestitures As previously disclosed, the Company completed the sale of its U.S. display and packaging business, part of the All Other group of businesses, to Hood Container Corporation on April 4, 2021 for $80,000 in cash. This business provided design, manufacturing and fulfillment of point-of-purchase displays, as well as contract packaging services, for consumer product customers and had approximately 450 employees. Its operations included eight manufacturing and fulfillment facilities and four sales and design centers. The selling price was adjusted at closing for certain transaction expenses and for anticipated differences between targeted levels of working capital and the projected levels at the time of closing. Net cash proceeds of $79,704 were received on April 5, 2021 and the Company recognized a loss on the divestiture of this business of $5,516, before tax, in the first quarter of 2021. During the quarter ended October 3, 2021, the Company finalized the working capital settlement related to this sale. The settlement resulted in additional cash proceeds of $1,971 and the buyer's assumption of certain liabilities totaling $786. As a result, the Company recognized a reduction in the previously reported loss on the sale of this business of $2,757, before tax, in the third quarter of 2021, bringing the total loss on the sale of business to $2,759, before tax. The Company continually assesses its operational footprint as well as its overall portfolio of businesses and may consider the divestiture of plants and/or business units it considers to be suboptimal or nonstrategic. Acquisition and Divestiture-Related Costs Acquisition-related costs totaled $48,352 during the three months ended April 3, 2022 primarily related to the Ball Metalpack acquisition. These charges included the partial amortization of the fair value step-up of finished goods inventory of $25,000, included in "Cost of sales" in the Company's Condensed Consolidated Statements of Income, and other acquisition-related charges of $23,352. These other charges consisted primarily of investment banking fees, representation and warranty insurance premiums, legal and professional fees, and other transaction costs and are included in "Selling, general and administrative expenses” in the Company’s Condensed Consolidated Statements of Income.

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	Apr. 03, 2022
Equity [Abstract]
Shareholders' Equity	Shareholders' Equity Earnings per Share The following table sets forth the computation of basic and diluted earnings per share: Three Months Ended April 3, 2022 April 4, 2021 Numerator: Net income attributable to Sonoco $ 115,333 $ 72,297 Denominator: Weighted average common shares outstanding: Basic 97,924 101,046 Dilutive effect of stock-based compensation 630 446 Diluted 98,554 101,492 Net income attributable to Sonoco per common share: Basic $ 1.18 $ 0.72 Diluted $ 1.17 $ 0.71 Cash dividends $ 0.45 $ 0.45 No adjustments were made to "Net income attributable to Sonoco" in the computations of net income attributable to Sonoco per common share. Anti-dilutive Securities Potentially dilutive securities are calculated in accordance with the treasury stock method, which assumes the proceeds from the exercise of all dilutive stock appreciation rights ("SARs") are used to repurchase the Company’s common stock. Certain SARs are not dilutive because either the exercise price is greater than the average market price of the stock during the reporting period or assumed repurchases from proceeds from the exercise of the SARs were antidilutive. These SARs may become dilutive in the future if the market price of the Company's common stock appreciates. The average numbers of SARs that were anti-dilutive and, therefore, not included in the computation of diluted earnings per share during the three month periods ended April 3, 2022 and April 4, 2021 were as follows (in thousands): Three Months Ended April 3, 2022 April 4, 2021 Anti-dilutive stock appreciation rights 401 427 Stock Repurchases On April 20, 2021, the Company's Board of Directors (the "Board") authorized the repurchase of the Company's common stock in an aggregate amount of up to $350,000. Following several repurchase transactions in 2021, a total of $137,972 remained available for share repurchases under this authorization as of December 31, 2021. No shares were purchased under this authorization during the three months ended April 3, 2022. The Company frequently repurchases shares of its common stock to satisfy employee tax withholding obligations in association with certain share-based compensation awards. These repurchases, which are not part of a publicly announced plan or program, totaled 60 shares during the three months ended April 3, 2022, at a cost of $3,410, and 85 shares during the three months ended April 4, 2021, at a cost of $5,051. Dividend Declarations On February 9, 2022, the Board of Directors declared a regular quarterly dividend of $0.45 per share. This dividend was paid on March 10, 2022 to all shareholders of record as of February 23, 2022. On April 20, 2022, the Board of Directors declared a regular quarterly dividend of $0.49 per share. This dividend is payable on June 10, 2022 to all shareholders of record as of May 10, 2022. Noncontrolling interests

Restructuring and Asset Impairm

Restructuring and Asset Impairment	3 Months Ended
	Apr. 03, 2022
Restructuring and Related Activities [Abstract]
Restructuring and Asset Impairment	Restructuring and Asset Impairment Due to its geographic footprint and the cost-competitive nature of its businesses, the Company is continually seeking the most cost-effective means and structure to serve its customers and to respond to fundamental changes in its markets. As such, restructuring costs have been, and are expected to be, a recurring component of the Company's operating costs. The amount of these costs can vary significantly from quarter to quarter and from year to year depending upon the scope and location of the restructuring activities. Following are the total restructuring and asset impairment charges, net of adjustments, recognized during the periods presented: Three Months Ended April 3, 2022 April 4, 2021 Restructuring and restructuring-related asset impairment charges $ 5,753 $ 2,697 Other asset impairments 6,389 4,149 Restructuring/Asset Impairment Charges $ 12,142 $ 6,846 The table below sets forth restructuring and restructuring-related asset impairment charges by type incurred: Three Months Ended April 3, 2022 April 4, 2021 Severance and Termination Benefits $ 2,099 $ 1,428 Asset Impairments/(Gains from Disposal of Assets) 445 (864) Other Costs 3,209 2,133 Restructuring and restructuring-related asset impairment charges $ 5,753 $ 2,697 The table below sets forth restructuring and restructuring-related asset impairment charges by reportable segment: Three Months Ended April 3, 2022 April 4, 2021 Consumer Packaging $ 1,635 $ 1,085 Industrial Paper Packaging 1,348 1,433 All Other 78 165 Corporate 2,692 14 Restructuring and restructuring-related asset impairment charges $ 5,753 $ 2,697 Restructuring and restructuring-related asset impairment charges are included in “Restructuring/Asset impairment charges” in the Company's Condensed Consolidated Statements of Income. The following table sets forth the activity in the restructuring accrual included in “Accrued expenses and other” on the Company’s Condensed Consolidated Balance Sheets: Severance Asset Other Total Accrual Activity Liability at December 31, 2021 $ 10,917 $ — $ 1,873 $ 12,790 2022 charges 2,099 445 3,209 5,753 Cash (payments)/receipts (4,932) 33 (4,570) (9,469) Asset write downs/disposals — (478) — (478) Foreign currency translation 5 — (38) (33) Liability at April 3, 2022 $ 8,089 $ — $ 474 $ 8,563 "Severance and Termination Benefits" during the first three months of 2022 includes the cost of severance for approximately 125 employees whose positions were eliminated in conjunction with the Company's ongoing organizational effectiveness efforts. "Asset Impairment/Disposal of Assets" during the first three months of 2022 consists primarily of asset impairments in the Industrial Paper Packaging segment. “Other Costs” during the first three months of 2022 consists primarily of costs related to plant closures including equipment removal, utilities, plant security, property taxes and insurance. The Company expects to pay the majority of the remaining restructuring reserves by the end of 2022 using cash generated from operations. The Company also expects to recognize future additional charges totaling approximately $2,100 in connection with previously announced restructuring actions and believes that the majority of these charges will be incurred and paid by the end of 2022. The Company continually evaluates its cost structure, including its manufacturing capacity, and additional restructuring actions are likely to be undertaken. Other Asset Impairments The Company recognized other asset impairment charges totaling $6,389 and $4,149 in the three months ended April 3, 2022 and April 4, 2021, respectively. The charges in the three months ended April 3, 2022 include $5,713 of impairment charges related to the Company's decision to ex it its operations in Russia, part of the Industrial Paper Packaging segment, as a result of the ongoing Russia-Ukraine conflict, and $676 of fixed asset impairments in the Company's plastics foods operatio ns, part of the Consumer Packaging segment. Other asset impairment charges in the first quarter of 2021 consisted of fixed asset impairments totaling $1,750 in the Company's plastics foods operations, part of the Consumer Packaging segment, and $2,399 in the temperature-assured packaging business, part of the All Other group of businesses. These assets were determined to be impaired as the value of their projected undiscounted cash flows was no longer sufficient to recover their carrying value. These impairment charges are included in “Restructuring/Asset impairment charges” in the Company’s Condensed Consolidated Statements of Income.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Apr. 03, 2022
Equity [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The following table summarizes the components of accumulated other comprehensive loss and the changes in the balances of each component of accumulated other comprehensive loss, net of tax as applicable, for the three months ended April 3, 2022 and April 4, 2021: Foreign Defined Cash Accumulated Balance at December 31, 2021 $ (269,076) $ (91,397) $ 1,048 $ (359,425) Other comprehensive (loss)/income before reclassifications (185) $ (971) $ 5,119 $ 3,963 Amounts reclassified from accumulated other comprehensive loss to net income — 1,162 (2,654) (1,492) Amounts reclassified from accumulated other comprehensive loss to fixed assets — — 85 85 Other comprehensive (loss)/income (185) 191 2,550 2,556 Balance at April 3, 2022 $ (269,261) $ (91,206) $ 3,598 $ (356,869) Balance at December 31, 2020 $ (194,024) $ (562,747) $ (71) $ (756,842) Other comprehensive loss before reclassifications (32,021) 115 998 (30,908) Amounts reclassified from accumulated other comprehensive loss to net income — 5,270 (30) 5,240 Amounts reclassified from accumulated other comprehensive loss to fixed assets — — (10) (10) Other comprehensive (loss)/income (32,021) 5,385 958 (25,678) Balance at April 4, 2021 $ (226,045) $ (557,362) $ 887 $ (782,520) The following table summarizes the effects on net income of significant amounts reclassified from each component of accumulated other comprehensive loss for the three month periods ended April 3, 2022 and April 4, 2021: Amount Reclassified from Accumulated Three Months Ended Details about Accumulated Other April 3, April 4, Affected Line Item in Gains/(losses) on cash flow hedges Foreign exchange contracts $ 566 $ 340 Net sales Foreign exchange contracts (695) (228) Cost of sales Commodity contracts 3,850 (71) Cost of sales $ 3,721 $ 41 Income before income taxes (1,067) (11) Provision for income taxes $ 2,654 $ 30 Net income Defined benefit pension items Effect of settlement loss (a) (356) — Non-operating pension costs Amortization of defined benefit pension items (a) (1,171) (6,901) Non-operating pension costs $ (1,527) $ (6,901) Income before income taxes 365 1,631 Provision for income taxes $ (1,162) $ (5,270) Net income Total reclassifications for the period $ 1,492 $ (5,240) Net income (a) See Note 11 for additional details. The following table summarizes the before and after tax amounts for the various components of other comprehensive income/(loss) for the three-month periods ended April 3, 2022 and April 4, 2021: Three months ended April 3, 2022 Three months ended April 4, 2021 Before Tax Tax After Tax Before Tax Tax After Tax Foreign currency items: Net other comprehensive loss from foreign currency items $ (185) $ — $ (185) $ (32,021) $ — $ (32,021) Defined benefit pension items: Other comprehensive (loss)/income before (1,276) 305 (971) 151 (36) 115 Amounts reclassified from accumulated other comprehensive loss to net income (a) 1,527 (365) 1,162 6,901 (1,631) 5,270 Net other comprehensive income/(loss) from 251 (60) 191 7,052 (1,667) 5,385 Gains and losses on cash flow hedges: Other comprehensive income/(loss) before 7,179 (2,060) 5,119 1,338 (340) 998 Amounts reclassified from accumulated other (3,721) 1,067 (2,654) (41) 11 (30) Amounts reclassified from accumulated other 117 (32) 85 (13) 3 (10) Net other comprehensive income/(loss) from 3,575 (1,025) 2,550 1,284 (326) 958 Other comprehensive income/(loss) $ 3,641 $ (1,085) $ 2,556 $ (23,685) $ (1,993) $ (25,678) (a) See Note 11 for additional details.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Apr. 03, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill A summary of the changes in goodwill for the three months ended April 3, 2022 is as follows: Consumer Industrial Paper Packaging All Other Total Goodwill at December 31, 2021 $ 572,415 $ 367,780 $ 384,305 $ 1,324,501 2022 Acquisitions 366,098 — — 366,098 Foreign currency translation (751) (757) (783) (2,291) Goodwill at April 3, 2022 $ 937,762 $ 367,023 $ 383,522 $ 1,688,308 Goodwill from 2022 acquisitions relates to the acquisition of Ball Metalpack. See Note 3 for additional information. The Company assesses goodwill for impairment annually during the third quarter, or from time to time when warranted by the facts and circumstances surrounding individual reporting units or the Company as a whole. The Company completed its most recent annual goodwill impairment testing during the third quarter of 2021, and analyzed certain qualitative and quantitative factors in determining whether a goodwill impairment existed. The Company's assessments reflected a number of significant management assumptions and estimates including the Company's forecast of sales growth, gross profit margins, and discount rates. Changes in these assumptions could materially impact the Company's conclusions. Based on its assessments, the Company concluded that there was no impairment of goodwill for any of its reporting units. Although no reporting units failed the annual impairment test, in management’s opinion the goodwill of the Plastics - Healthcare reporting unit is at risk of impairment in the near term if the reporting unit's operations do not perform in line with management's expectations, or if there is a negative change in the long-term outlook for the business or in other factors such as the discount rate. Although beginning to benefit from economic recovery, the results of the Plastics - Healthcare reporting unit have been negatively impacted by end-market weakness due to the COVID-19 pandemic. In addition, the unit is facing near-term headwinds from higher raw material and other cost increases. Assuming COVID-19 infection rates continue to decline, management expects market demand will improve throughout 2022 and that selling price increases and/or cost reductions, including restructuring actions and investments in production efficiency projects, will mitigate the impacts of recent raw material and other cost inflation. However, should it become apparent that the ongoing post-COVID-19 recovery is likely to be significantly weaker, delayed, or prolonged compared to management’s current expectations, significant negative price/cost relationships will persist over the long-term, or profit margins do not improve as expected, goodwill impairment charges may be possible in the future. In the annual goodwill impairment analysis completed during the third quarter of 2021, projected future cash flows for the Plastics - Healthcare reporting unit were discounted at 8.3% and its estimated fair value was determined to exceed its carrying value by approximately 13.3%. Based on the discounted cash flow model and holding other valuation assumptions constant, projected operating profits across all future periods would have to be reduced approximately 13.0%, or the discount rate increased to 9.3%, in order for the estimated fair value of the reporting unit to fall below carrying value. Total goodwill associated with this reporting unit was $63,681 at April 3, 2022. During the time subsequent to the annual evaluation, and at April 3, 2022, the Company considered whether any events and/or changes in circumstances had resulted in the likelihood that the goodwill of any of its reporting units may have been impaired. It is management's opinion that no such events and/or changes in circumstances have occurred. Other Intangible Assets A summary of other intangible assets as of April 3, 2022 and December 31, 2021 is as follows: April 3, December 31, Other Intangible Assets, gross: Patents $ 29,320 $ 29,315 Customer lists 1,054,757 592,195 Trade names 32,020 32,043 Proprietary technology 57,846 22,846 Other 2,808 2,807 Total Other Intangible Assets, gross $ 1,176,751 $ 679,206 Accumulated Amortization: Patents $ (16,701) $ (16,275) Customer lists (364,315) (347,274) Trade names (14,497) (14,106) Proprietary technology (22,233) (21,394) Other (2,038) (2,014) Total Accumulated Amortization $ (419,784) $ (401,063) Other Intangible Assets, net $ 756,967 $ 278,143 The acquisition of Ball Metalpack on January 26, 2022 resulted in the addition of $498,000 of intangible assets, primarily customer relationships and proprietary technology, which are expected to be amortized over their average useful lives of approximately 13.6 years. See Note 3 for additional information about the Ball Metalpack acquisition. Other Intangible Assets are amortized on a straight-line basis over their respective useful lives, which generally range from three Aggregate amortization expense was $18,800 and $12,749 for the three months ended April 3, 2022 and April 4, 2021, respectively, and on an annual basis is expected to total approximately $81,400 in 2022, $79,700 in 2023, $71,000 in 2024, $60,500 in 2025 and $57,900 in 2026.

Debt

Debt	3 Months Ended
	Apr. 03, 2022
Debt Disclosure [Abstract]
Debt	Debt Details of the Company's debt at April 3, 2022 and December 31, 2021 are as follows: April 3, December 31, Commercial paper $ 322,000 $ 349,000 Syndicated term loan due February 2025 299,516 — 1.800% notes due February 2025 397,787 — 2.250% notes due February 2027 297,529 — 2.850% notes due February 2032 494,876 — 3.125% notes due May 2030 595,487 595,342 5.750% notes due November 2040 536,190 536,182 Other foreign denominated debt 48,829 55,432 Finance lease obligations 110,077 60,282 Other debt 68,553 14,424 Total debt $ 3,170,844 $ 1,610,662 Less current portion and short-term notes 440,698 411,557 Long-term debt $ 2,730,146 $ 1,199,106 On January 21, 2022, the Company completed a registered public offering of green bonds with an aggregate principal amount of $1,200,000. The unsecured notes (the "Notes") consisted of the following: Principal Amount Issuance Costs and Discounts Net Proceeds Interest Rate Maturity 2025 Notes $ 400,000 $ (2,356) $ 397,644 1.800% February 1, 2025 2027 Notes 300,000 (2,565) 297,435 2.250% February 1, 2027 2032 Notes 500,000 (5,220) 494,780 2.850% February 1, 2032 Total $ 1,200,000 $ (10,141) $ 1,189,859 The Notes are the Company’s senior unsecured obligations and rank equal in right of payment to the Company’s other senior unsecured debt from time to time outstanding. The indenture governing the Notes contains certain covenants with respect to the Company that, among other things, restrict the entry into additional secured indebtedness, sale and leaseback transactions and certain mergers, consolidations and transfers of all or substantially all of the Company’s assets. The Company used an amount equal to the net proceeds from the Notes of $1,189,859 to partially fund the acquisition of Ball Metalpack. Also on January 21, 2022, the Company entered into a $300,000 three-year term loan facility (the "Term Loan Facility") with a syndicate of eight banks. The full $300,000 was drawn from this facility on January 26, 2022, and the proceeds used to partially fund the acquisition of Ball Metalpack. Interest is assessed at the Secured Overnight Financing Rate ("SOFR") plus a margin based on a pricing grid that uses the Company’s credit ratings. The current SOFR margin is 122.5 basis points. There is no required amortization and repayment can be accelerated at any time without penalty at the Company's discretion.

Financial Instruments and Deriv

Financial Instruments and Derivatives	3 Months Ended
	Apr. 03, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments and Derivatives	Financial Instruments and Derivatives The following table sets forth the carrying amounts and fair values of the Company’s significant financial instruments for which the carrying amount differs from the fair value. April 3, 2022 December 31, 2021 Carrying Fair Carrying Fair Long-term debt, net of current portion $ 2,730,146 $ 2,766,118 $ 1,199,106 $ 1,434,711 The carrying value of cash and cash equivalents and short-term debt approximates fair value. The fair value of long-term debt is determined based on recent trade information in the financial markets of the Company’s public debt or is determined by discounting future cash flows using interest rates available to the Company for issues with similar terms and maturities which is considered a Level 2 fair value measurement. Cash Flow Hedges At April 3, 2022 and December 31, 2021, the Company had derivative financial instruments outstanding to hedge anticipated transactions and certain asset and liability related cash flows. These contracts, which have maturities ranging to September 2023, qualify as cash flow hedges under U.S. GAAP. For derivative instruments that are designated and qualify as a cash flow hedge, the gain or loss on the derivative instrument is reported as a component of other comprehensive income and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings and is presented in the same income statement line item as the earnings effect of the hedged item. Commodity Cash Flow Hedges Certain derivative contracts entered into to manage the cost of anticipated purchases of natural gas and aluminum have been designated by the Company as cash flow hedges. At April 3, 2022, these contracts included natural gas swaps covering approximately 1.3 million MMBTUs. These contracts represented approximately 23% of anticipated usage in North America for the remainder of 2022. The Company also has certain natural gas hedges that it does not treat as cash flow hedges. See "Non-Designated Derivatives" below for a discussion of these hedges. At April 3, 2022, the Company had designated swap contracts covering 252 metric tons of aluminum as cash flow hedges. These contracts represented approximately 5% of anticipated aluminum usage for the remainder of 2022. The fair value of the Company’s commodity cash flow hedges netted to a gain position of $3,865 at April 3, 2022 and a gain position of $1,491 at December 31, 2021. The amount of the gain included in Accumulated Other Comprehensive Income at April 3, 2022 expected to be reclassified to the income statement during the next twelve months is $3,865. Foreign Currency Cash Flow Hedges The Company has entered into forward contracts to hedge certain anticipated foreign currency denominated sales, purchases, and capital spending expected to occur in 2022 and 2023. The net positions of these contracts at April 3, 2022 were as follows (in thousands): Currency Action Quantity Colombian peso purchase 20,628,988 Mexican peso purchase 362,683 Polish zloty purchase 66,273 Czech koruna purchase 49,946 Turkish lira purchase 12,957 Canadian dollar purchase 12,513 Euro purchase 11,543 British pound purchase 2,144 Brazilian real sell (22,941) Russian ruble sell (67,719) The fair value of foreign currency cash flow hedges related to forecasted sales and purchases netted to a gain position of $1,421 and $336 at April 3, 2022 and December 31, 2021, respectively. Gains of $1,421 are expected to be reclassified from accumulated other comprehensive loss to the income statement during the next twelve months. In addition, the Company has entered into forward contracts to hedge certain foreign currency cash flow transactions related to construction in progress. As of April 3, 2022 and December 31, 2021, the net position of these contracts was $(333) and $(457), respectively. During the three months ended April 3, 2022, losses from these hedges totaling $(432) were reclassified from accumulated other comprehensive loss and included in the carrying value of the capitalized expenditures. Losses of $(264) are expected to be reclassified from accumulated other comprehensive loss and included in the carrying value of the related fixed assets acquired during the next twelve months. Non-Designated Derivatives The Company routinely enters into other derivative contracts which are not designated for hedge accounting treatment under ASC 815. As such, changes in fair value of these non-designated derivatives are recorded directly to income and expense in the periods that they occur. Foreign Currency Hedges The Company routinely enters into forward contracts or swaps to economically hedge the currency exposure of intercompany debt and foreign currency denominated receivables and payables. The net currency positions of these non-designated contracts at April 3, 2022, were as follows (in thousands): Currency Action Quantity Colombian peso purchase 31,293,571 Indonesian rupiah purchase 28,410,441 Mexican peso purchase 394,099 Turkish lira purchase 41,644 Canadian dollar purchase 6,258 Thai baht sell (12,571) Commodity Hedges The Company has entered into non-designated derivative contracts to manage the cost of anticipated purchases of natural gas. At April 3, 2022, these contracts consisted of natural gas swaps covering approximately 2.6 million MMBTUs and represented approximately 46% of anticipated usage in North America for the remainder of 2022. Interest Rate Hedges Pursuant to the registered public offering of unsecured 2.850% notes with a principal amount of $500,000 maturing on February 1, 2032, the Company entered into treasury lock derivative instruments with two banks, with a notional principal amount of $150,000 each on December 29, 2021. These instruments had the risk management objective of reducing exposure to the Company of increases in the underlying Treasury index up to the date of pricing of the notes. The fair value of the contracts was a net loss position of $(550) at December 31, 2021. The derivatives were settled when the bonds priced on January 11, 2022, with the Compan y recognizing a gain on the settlement of $5,201. The gain is included in "Selling, general and administrative expenses" on the Company's Condensed Consolidated Statements of Income for the three months ended April 3, 2022. The fair value of the Company’s non-designated derivatives position was a gain of $6,717 and $92 at April 3, 2022 and December 31, 2021, respectively. The following table sets forth the location and fair values of the Company’s derivative instruments at April 3, 2022 and December 31, 2021: Description Balance Sheet Location April 3, 2022 December 31, 2021 Derivatives designated as hedging instruments: Commodity Contracts Prepaid expenses $ 3,865 $ 1,599 Commodity Contracts Accrued expenses and other $ — $ (108) Foreign Exchange Contracts Prepaid expenses $ 1,913 $ 848 Foreign Exchange Contracts Accrued expenses and other $ (756) $ (969) Foreign Exchange Contracts Other liabilities $ (69) $ — Derivatives not designated as hedging instruments: Commodity Contracts Prepaid expenses $ 6,729 $ 1,815 Commodity Contracts Accrued expenses and other $ — $ (1,132) Foreign Exchange Contracts Prepaid expenses $ 85 $ 135 Foreign Exchange Contracts Accrued expenses and other $ (97) $ (176) Interest Rate Lock Contract Accrued expenses and other $ — $ (550) While certain of the Company’s derivative contract arrangements with its counterparties provide for the ability to settle contracts on a net basis, the Company reports its derivative positions on a gross basis. There are no collateral arrangements or requirements in these agreements. The following tables set forth the effect of the Company’s derivative instruments on financial performance for the three months ended April 3, 2022 and April 4, 2021, excluding the gains on foreign currency cash flow hedges that were reclassified from accumulated other comprehensive loss to the carrying value of the capitalized expenditures: Description Amount of Gain or Location of Gain Amount of Gain or Derivatives in Cash Flow Hedging Relationships: Three months ended April 3, 2022 Foreign Exchange Contracts $ 955 Net sales $ 566 Cost of sales $ (695) Commodity Contracts $ 6,224 Cost of sales $ 3,850 Three months ended April 4, 2021 Foreign Exchange Contracts $ (188) Net sales $ 340 Cost of sales $ (228) Commodity Contracts $ 1,754 Cost of sales $ (71) Description Gain or (Loss) Location of Gain or (Loss) Recognized in Derivatives not Designated as Hedging Instruments: Three months ended April 3, 2022 Commodity Contracts $ 6,992 Cost of sales Foreign Exchange Contracts $ 1,343 Selling, general and administrative Three months ended April 4, 2021 Commodity Contracts $ 378 Cost of sales Foreign Exchange Contracts $ (625) Selling, general and administrative Three months ended April 3, 2022 Three months ended April 4, 2021 Description Revenue Cost of Revenue Cost of Total amount of income and expense line items presented in the Condensed Consolidated Statements of Income $ 566 $ 3,155 $ 340 $ (299) Gain or (loss) on cash flow hedging relationships: Foreign exchange contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive loss into net income $ 566 $ (695) $ 340 $ (228) Commodity contracts: Amount of gain/(loss) reclassified from accumulated other comprehensive loss into net income $ — $ 3,850 $ — $ (71)

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Apr. 03, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Fair value is defined as an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Fair value is a market-based measurement that is determined based on assumptions that market participants would use in pricing an asset or liability. A three-tier fair value hierarchy is used to prioritize the inputs in measuring fair value as follows: Level 1 – Observable inputs such as quoted market prices in active markets; Level 2 – Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and Level 3 – Unobservable inputs for which there is little or no market data, which require the reporting entity to develop its own assumptions Assets that are calculated at Net Asset Value per share (NAV) are not required to be categorized within the fair value hierarchy. The following table sets forth information regarding the Company’s financial assets and financial liabilities, excluding retirement and postretirement plan assets, measured at fair value on a recurring basis: Description April 3, 2022 Assets measured Level 1 Level 2 Level 3 Hedge derivatives, net: Commodity contracts $ 3,865 $ — $ — $ 3,865 $ — Foreign exchange contracts $ 1,088 $ — $ — $ 1,088 $ — Non-hedge derivatives, net: Commodity contracts $ 6,729 $ — $ — $ 6,729 $ — Foreign exchange contracts $ (12) $ — $ — $ (12) $ — Description December 31, 2021 Assets measured Level 1 Level 2 Level 3 Hedge derivatives, net: Commodity contracts $ 1,491 $ — $ — $ 1,491 $ — Foreign exchange contracts $ (121) $ — $ — $ (121) $ — Non-hedge derivatives, net: Commodity contracts $ 683 $ — $ — $ 683 $ — Foreign exchange contracts $ (41) $ — $ — $ (41) $ — Interest rate lock contract $ (550) $ — $ — $ (550) $ — As discussed in Note 9, the Company uses derivatives to mitigate the effect of commodity fluctuations, foreign currency fluctuations and, from time to time, interest rate movements. Fair value measurements for the Company’s derivatives are classified under Level 2 because such measurements are estimated based on observable inputs such as interest rates, yield curves, spot and future commodity prices and spot and future exchange rates. The Company does not currently have any non-financial assets or liabilities that are recognized or disclosed at fair value on a recurring basis. None of the Company’s financial assets or liabilities are measured at fair value using significant unobservable inputs. There were no transfers in or out of Level 1 or Level 2 fair value measurements during the three-month period ended April 3, 2022.

Employee Benefit Plans

Employee Benefit Plans	3 Months Ended
	Apr. 03, 2022
Retirement Benefits [Abstract]
Employee Benefit Plans	Employee Benefit Plans Retirement Plans and Retiree Health and Life Insurance Plans The Company provides non-contributory defined benefit pension plans for certain of its employees in the United States, Mexico, Belgium, Germany, Greece, France, and Turkey. The Company also sponsors contributory defined benefit pension plans covering certain of its employees in the United Kingdom, Canada and the Netherlands, and provides postretirement healthcare and life insurance benefits to a limited number of its retirees and their dependents in the United States and Canada, based on certain age and/or service eligibility requirements. The components of net periodic benefit cost include the following: Three Months Ended April 3, 2022 April 4, 2021 Retirement Plans Service cost $ 826 $ 961 Interest cost 2,710 10,107 Expected return on plan assets (2,865) (9,661) Amortization of prior service cost 221 226 Amortization of net actuarial loss 1,135 6,871 Effect of settlement loss 356 — Net periodic benefit cost $ 2,383 $ 8,504 Retiree Health and Life Insurance Plans Service cost $ 82 $ 94 Interest cost 64 50 Expected return on plan assets (112) (113) Amortization of net actuarial gain (185) (196) Net periodic benefit income $ (151) $ (165) The Company made aggregate contributions of $6,147 and $3,673 to its defined benefit retirement and retiree health and life insurance plans during the three months ended April 3, 2022 and April 4, 2021, respectively. The Company expects to make additional aggregate contributions of approximately $10,000 to its defined benefit retirement and retiree health and life insurance plans over the remainder of 2022. Settlement Charges The Company recognized settlement ch arges of $356 during the three months ended April 3, 2022. These charges resulted from payments made to certain participants in the Company's non-union Canadian pension plan who elected a lump sum distribution option upon retirement. Additional settlement charges related to the Canadian pension plans may be recognized over the remainder of 2022 as a result of ongoing lump-sum distributions. Sonoco Retirement and Savings Plan The Sonoco Retirement and Savings Plan is a defined contribution retirement plan provided for certain of the Company’s U.S. employees. The plan is comprised of both an elective and non-elective component. The elective component of the plan, which is designed to meet the requirements of Section 401(k) of the Internal Revenue Code, allows participants to set aside a portion of their wages and salaries for retirement and encourages saving by matching a portion of their contributions with contributions from the Company. The plan provides for participant contributions of 1% to 100% of gross pay. Effective January 1, 2022, the Company's match on elective contributions to the plan increased from 50% of the first 4% of compensation contributed by participants to 100% of the first 6% as a result of changes to the plan, described below. The non-elective component of the plan, the Sonoco Retirement Contribution ("SRC"), was eliminated effective January 1, 2022. The SRC provided for an annual Company contribution equal to 4% of the participant's eligible pay plus 4% of eligible pay in excess of the social security wage base to eligible participant accounts. SRC contributions, which are funded annually in the first quarter, totaled $21,948 and $22,665 during the quarters ended April 3, 2022 and April 4,

Income Taxes

Income Taxes	3 Months Ended
	Apr. 03, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s effective tax rates for the three-month periods ended April 3, 2022 and April 4, 2021 were 23.7% and 25.2%, respectively. The Company's effective tax rates varied from the U.S. statutory rate due primarily to rate differences between U.S. and non-U.S. jurisdictions and the relative amounts earned in those jurisdictions, state income taxes, and discrete tax adjustments that were not consistent year-over-year. The primary driver of the lower 2022 rate was the release of valuation allowances on the Company's state net operating loss carryforwards resulting from the increase in projected earnings associated with the Ball Metalpack acquisition. The Company and/or its subsidiaries file federal, state and local income tax returns in the United States and various foreign jurisdictions. With few exceptions, the Company is no longer subject to income tax examinations by tax authorities for years prior to 2015.

Leases

Leases	3 Months Ended
	Apr. 03, 2022
Leases [Abstract]
Leases	Leases The Company routinely enters into leasing arrangements for real estate (including manufacturing facilities, office space, and warehouses), transportation equipment (automobiles, forklifts, and trailers), and office equipment (copiers and postage machines). The assessment of the certainty associated with the exercise of various lease renewal, termination, and purchase options included in the Company's lease contracts is at the Company's sole discretion. Most real estate leases, in particular, include one or more options to renew, with renewal terms that can extend the lease term from one As the implicit rate in the Company's leases is normally not readily determinable, the Company generally calculates its lease liabilities using discount rates based upon the Company’s incremental secured borrowing rate, which contemplates and reflects a particular geographical region’s interest rate for the leases active within that region of the Company’s global operations. The Company further utilizes a portfolio approach by assigning a “short” rate to contracts with lease terms of 10 years or less and a “long” rate for contracts greater than 10 years. The Company completed the acquisition of Ball Metalpack on January 26, 2022. The acquisition included both operating and finance lease assets and liabilities. The acquired operating lease liabilities of $33,910 had a weighted average remaining lease maturity term and discount rate of 11.0 years and 2.8%, respectively, and the acquired finance lease liabilities of $46,687 had a weighted average remaining lease maturity term and discount rate of 3.8 years and 7.5%, respectively, as of the date of the acquisition. The following table sets forth the balance sheet location and aggregate values of the Company’s lease assets and lease liabilities at April 3, 2022 and December 31, 2021: Classification Balance Sheet Location April 3, 2022 December 31, 2021 Lease Assets Operating lease assets Right of Use Asset - Operating Leases $ 315,604 $ 268,390 Finance lease assets Other Assets 111,681 55,826 Total lease assets $ 427,285 $ 324,216 Lease Liabilities Current operating lease liabilities Accrued expenses and other $ 50,215 $ 45,305 Current finance lease liabilities Notes payable and current portion of debt 14,777 6,952 Total current lease liabilities $ 64,992 $ 52,257 Noncurrent operating lease liabilities Noncurrent Operating Lease Liabilities $ 272,157 $ 234,167 Noncurrent finance lease liabilities Long-term Debt, Net of Current Portion 95,300 53,330 Total noncurrent lease liabilities $ 367,457 $ 287,497 Total lease liabilities $ 432,449 $ 339,754 Certain of the Company’s leases include variable costs. Variable costs include lease payments that were volume or usage-driven in accordance with the use of the underlying asset, and also non-lease components that were incurred based upon actual terms rather than contractually fixed amounts. In addition, variable costs are incurred for lease payments that are indexed to a change in rate or index. Because the right of use assets recorded on the balance sheet were determined based upon factors considered at the commencement date of the leases, subsequent changes in the rate or index that were not contemplated in the right of use asset balances recorded on the balance sheet result in variable expenses being incurred when paid during the lease term. The following table sets forth the components of the Company's total lease cost for the three month periods ended April 3, 2022 and April 4, 2021: Three Months Ended Lease Cost April 3, 2022 April 4, 2021 Operating lease cost (a) $ 12,797 $ 13,195 Finance lease cost: Amortization of lease asset (a) 2,711 1,324 Interest on lease liabilities (b) 966 293 Variable lease cost (a) (c) 7,355 6,085 Total lease cost $ 23,829 $ 20,897 (a) Production-related and administrative amounts are included in cost of sales and selling, general and administrative expenses, respectively. (b) Included in interest expense. (c) Also includes short term lease costs, which are deemed immaterial . The following table sets forth certain lease-related information for the three months ended April 3, 2022 and April 4, 2021: Three Months Ended April 3, 2022 April 4, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used by operating leases $ 13,152 $ 13,934 Operating cash flows used by finance leases $ 966 $ 293 Financing cash flows used by finance leases $ 2,643 $ 1,024 Noncash investing and financing activities: Leased assets obtained in exchange for new operating lease liabilities $ 19,520 $ 4,281 Leased assets obtained in exchange for new finance lease liabilities $ 5,910 $ 5,406 Modification to leased assets for increase in operating lease liabilities $ 1,484 $ 3,496 Modification to leased assets for increase in finance lease liabilities $ 290 $ 3,779 Termination reclasses to decrease operating lease assets $ (1,913) $ (235) Termination reclasses to decrease operating lease liabilities $ (1,828) $ (249) Termination reclasses to decrease finance lease assets $ — $ (22) Termination reclasses to decrease finance lease liabilities $ — $ (23)
Leases	Leases The Company routinely enters into leasing arrangements for real estate (including manufacturing facilities, office space, and warehouses), transportation equipment (automobiles, forklifts, and trailers), and office equipment (copiers and postage machines). The assessment of the certainty associated with the exercise of various lease renewal, termination, and purchase options included in the Company's lease contracts is at the Company's sole discretion. Most real estate leases, in particular, include one or more options to renew, with renewal terms that can extend the lease term from one As the implicit rate in the Company's leases is normally not readily determinable, the Company generally calculates its lease liabilities using discount rates based upon the Company’s incremental secured borrowing rate, which contemplates and reflects a particular geographical region’s interest rate for the leases active within that region of the Company’s global operations. The Company further utilizes a portfolio approach by assigning a “short” rate to contracts with lease terms of 10 years or less and a “long” rate for contracts greater than 10 years. The Company completed the acquisition of Ball Metalpack on January 26, 2022. The acquisition included both operating and finance lease assets and liabilities. The acquired operating lease liabilities of $33,910 had a weighted average remaining lease maturity term and discount rate of 11.0 years and 2.8%, respectively, and the acquired finance lease liabilities of $46,687 had a weighted average remaining lease maturity term and discount rate of 3.8 years and 7.5%, respectively, as of the date of the acquisition. The following table sets forth the balance sheet location and aggregate values of the Company’s lease assets and lease liabilities at April 3, 2022 and December 31, 2021: Classification Balance Sheet Location April 3, 2022 December 31, 2021 Lease Assets Operating lease assets Right of Use Asset - Operating Leases $ 315,604 $ 268,390 Finance lease assets Other Assets 111,681 55,826 Total lease assets $ 427,285 $ 324,216 Lease Liabilities Current operating lease liabilities Accrued expenses and other $ 50,215 $ 45,305 Current finance lease liabilities Notes payable and current portion of debt 14,777 6,952 Total current lease liabilities $ 64,992 $ 52,257 Noncurrent operating lease liabilities Noncurrent Operating Lease Liabilities $ 272,157 $ 234,167 Noncurrent finance lease liabilities Long-term Debt, Net of Current Portion 95,300 53,330 Total noncurrent lease liabilities $ 367,457 $ 287,497 Total lease liabilities $ 432,449 $ 339,754 Certain of the Company’s leases include variable costs. Variable costs include lease payments that were volume or usage-driven in accordance with the use of the underlying asset, and also non-lease components that were incurred based upon actual terms rather than contractually fixed amounts. In addition, variable costs are incurred for lease payments that are indexed to a change in rate or index. Because the right of use assets recorded on the balance sheet were determined based upon factors considered at the commencement date of the leases, subsequent changes in the rate or index that were not contemplated in the right of use asset balances recorded on the balance sheet result in variable expenses being incurred when paid during the lease term. The following table sets forth the components of the Company's total lease cost for the three month periods ended April 3, 2022 and April 4, 2021: Three Months Ended Lease Cost April 3, 2022 April 4, 2021 Operating lease cost (a) $ 12,797 $ 13,195 Finance lease cost: Amortization of lease asset (a) 2,711 1,324 Interest on lease liabilities (b) 966 293 Variable lease cost (a) (c) 7,355 6,085 Total lease cost $ 23,829 $ 20,897 (a) Production-related and administrative amounts are included in cost of sales and selling, general and administrative expenses, respectively. (b) Included in interest expense. (c) Also includes short term lease costs, which are deemed immaterial . The following table sets forth certain lease-related information for the three months ended April 3, 2022 and April 4, 2021: Three Months Ended April 3, 2022 April 4, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used by operating leases $ 13,152 $ 13,934 Operating cash flows used by finance leases $ 966 $ 293 Financing cash flows used by finance leases $ 2,643 $ 1,024 Noncash investing and financing activities: Leased assets obtained in exchange for new operating lease liabilities $ 19,520 $ 4,281 Leased assets obtained in exchange for new finance lease liabilities $ 5,910 $ 5,406 Modification to leased assets for increase in operating lease liabilities $ 1,484 $ 3,496 Modification to leased assets for increase in finance lease liabilities $ 290 $ 3,779 Termination reclasses to decrease operating lease assets $ (1,913) $ (235) Termination reclasses to decrease operating lease liabilities $ (1,828) $ (249) Termination reclasses to decrease finance lease assets $ — $ (22) Termination reclasses to decrease finance lease liabilities $ — $ (23)

Revenue Recognition

Revenue Recognition	3 Months Ended
	Apr. 03, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition The Company records revenue when control is transferred to the customer, which is either upon shipment or over time in cases where the Company is entitled to payment with margin for products produced that are customer specific without alternative use. The Company recognizes over time revenue under the input method as goods are produced. Revenue that is recognized at a point in time is recognized when the customer obtains control of the goods. Customers obtain control either when goods are delivered to the customer facility, if the Company is responsible for arranging transportation, or when picked up by the customer's designated carrier. The Company commonly enters into Master Supply Arrangements with customers to provide goods and/or services over specific time periods. Customers submit purchase orders with quantities and prices to create a contract for accounting purposes. Shipping and handling expenses are included in "Cost of Sales," and freight charged to customers is included in "Net Sales" in the Company's Condensed Consolidated Statements of Income. The Company has rebate agreements with certain customers. These rebates are recorded as reductions of revenue and are accrued using sales data and rebate percentages specific to each customer agreement. Accrued customer rebates are included in "Accrued expenses and other" in the Company's Condensed Consolidated Balance Sheets. Payment terms under the Company's sales arrangements are short term, generally no longer than 120 days. The Company does provide prompt payment discounts to certain customers if invoices are paid within a predetermined period. Prompt payment discounts are treated as a reduction of revenue and are determinable within a short time period following the sale. The following tables set forth the effects of contract assets and liabilities from contracts with customers. Contract assets and liabilities are reported in "Other receivables" and "Accrued expenses and other," respectively, on the Company's Condensed Consolidated Balance Sheets. April 3, 2022 December 31, 2021 Contract Assets $ 67,185 $ 51,106 Contract Liabilities $ (28,489) $ (18,993) Significant changes in the contract assets and liabilities balances during the three months ended April 3, 2022 and the year ended December 31, 2021 were as follows: April 3, 2022 December 31, 2021 Contract Contract Contract Contract Beginning Balance $ 51,106 $ (18,993) $ 48,390 $ (16,687) Revenue deferred or rebates accrued — (23,377) — (36,527) Recognized as revenue 9,098 7,238 Rebates paid to customers — 10,200 — 26,983 Increases due to rights to consideration for customer specific goods produced, but not billed during the period 59,259 — 51,106 — Transferred to receivables from contract assets recognized at the beginning of the period (51,106) — (48,390) — Acquired as part of a business combination 7,926 (5,417) — — Ending Balance $ 67,185 $ (28,489) $ 51,106 $ (18,993) Contract assets and liabilities are generally short in duration given the nature of products produced by the Company. Contract assets represent goods produced without alternative use for which the Company is entitled to payment with margin prior to shipment. Upon shipment, the Company is entitled to bill the customer, and therefore amounts included in contract assets will be reduced with the recording of an account receivable as they represent an unconditional right to payment. Contract liabilities represent revenue deferred due to pricing mechanisms utilized by the Company in certain multi-year arrangements, volume rebates, and payments received in advance. For multi-year arrangements with pricing mechanisms, the Company will generally defer revenue during the first half of the arrangement and will release the deferral over the back half of the contract term. The Company's reportable segments are aligned by product nature as disclosed in Note 15 . The following tables set forth information about revenue disaggregated by primary geographic regions for the three-month periods ended April 3, 2022 and April 4, 2021. The tables also include a reconciliation of disaggregated revenue with reportable segments. Three months ended April 3, 2022 Consumer Packaging Industrial Paper Packaging All Other Total Primary Geographical Markets: United States $ 654,414 $ 417,286 $ 166,074 $ 1,237,774 Europe 120,170 116,827 24,125 261,122 Canada 31,208 27,170 — 58,378 Asia 25,634 73,619 292 99,545 Other 36,672 64,227 13,264 114,163 Total $ 868,098 $ 699,129 $ 203,755 $ 1,770,982 Three months ended April 4, 2021 Consumer Packaging Industrial Paper Packaging All Other Total Primary Geographical Markets: United States $ 397,797 $ 325,222 $ 174,731 $ 897,750 Europe 115,180 96,684 21,409 233,273 Canada 26,143 21,046 — 47,189 Asia 21,153 73,372 241 94,766 Other 22,480 49,073 8,773 80,326 Total $ 582,753 $ 565,397 $ 205,154 $ 1,353,304

Segment Reporting

Segment Reporting	3 Months Ended
	Apr. 03, 2022
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting The Company's operating and reporting structure consists of two reportable segments, Consumer Packaging and Industrial Paper Packaging, with all remaining businesses reported as "All Other." The Consumer Packaging segment primarily serves processed and fresh food markets along with other packaging for direct-to-consumer products and includes the following products and services: round and shaped rigid paper containers; two- and three-piece steel tinplate cans and aerosol containers; metal and peelable membrane ends and closures; thermoformed plastic trays and containers; printed flexible packaging; and global brand artwork management. Total assets of the Consumer Packaging segment increased $1,666,345 during the first quarter of 2022 due to the acquisition of Ball Metalpack (now Sonoco Metal Packaging). The Industrial Paper Packaging segment includes the following products and services: fiber-based tubes, cores, and cones; fiber-based construction tubes; fiber-based protective packaging and components; wooden, metal and composite wire and cable reels and spools; and recycled paperboard, corrugating medium, recovered paper and material recycling services. Businesses grouped as All Other include healthcare packaging, protective and retail security packaging and industrial plastic products. These businesses include the following products and services: thermoformed rigid plastic trays and devices; custom-engineered molded foam protective packaging and components; temperature-assured packaging; injection molded and extruded containers, spools and parts; retail security packaging, including printed backer cards, thermoformed blisters and heat-sealing equipment; and paper amenities. Prior to the divestiture of the Company's U.S. display and packaging business on April 4, 2021, this business, which included point-of-purchase displays, fulfillment operations, and contract packaging, was reported in All Other. The following table sets forth net sales, intersegment sales and operating profit for the Company’s reportable segments and All Other. “Segment operating profit” is defined as the segment’s portion of “Operating profit” excluding restructuring and asset impairment charges, acquisition expenses, interest income and expense, income taxes or certain other items, if any, the exclusion of which the Company believes improves comparability and analysis of the financial performance of the business. General corporate expenses have been allocated as operating costs to each of the Company’s reportable segments and All Other. Effective January 1, 2022, the Company changed its measure of segment operating profit to exclude amortization of acquisition intangibles. Accordingly, prior year's segment operating profit has been revised to conform with the current presentation. SEGMENT FINANCIAL INFORMATION Three Months Ended April 3, 2022 April 4, 2021 Net sales: Consumer Packaging $ 868,098 $ 582,753 Industrial Paper Packaging 699,129 565,397 All Other 203,755 205,154 Consolidated $ 1,770,982 $ 1,353,304 Intersegment sales: Consumer Packaging $ 1,411 $ 1,653 Industrial Paper Packaging 33,638 26,896 All Other 2,701 3,025 Consolidated $ 37,750 $ 31,574 Operating profit: Segment operating profit: Consumer Packaging $ 173,609 $ 81,360 Industrial Paper Packaging 72,660 52,299 All Other 14,524 18,757 Restructuring/Asset impairment charges (12,142) (6,846) Amortization of acquisition intangibles (18,800) (12,749) Other non-base income/(charges), net (60,790) (12,512) Consolidated $ 169,061 $ 120,309

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Apr. 03, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Pursuant to U.S. GAAP, accruals for estimated losses are recorded at the time information becomes available indicating that losses are probable and that the amounts are reasonably estimable. As is the case with other companies in similar industries, the Company faces exposure from actual or potential claims and legal proceedings from a variety of sources. Some of these exposures, as discussed below, have the potential to be material. Environmental Matters The Company is subject to a variety of environmental and pollution control laws and regulations in all jurisdictions in which it operates. Spartanburg In connection with its acquisition of Tegrant in November 2011, the Company identified potential environmental contamination at a site in Spartanburg, South Carolina. Since the acquisition, the Company has spent a total of $1,876 on remediation of the Spartanburg site. At April 3, 2022 and December 31, 2021, the Company's accrual for environmental contingencies related to the Spartanburg site totaled $5,524 and $5,555, respectively. The Company cannot currently estimate its potential liability, damages or range of potential loss, if any, beyond the amounts accrued with respect to this exposure. However, the Company does not believe that the resolution of this matter has a reasonable possibility of having a material adverse effect on the Company's financial statements. Other environmental matters The Company has been named as a potentially responsible party at several other environmentally contaminated sites. All of the sites are also the responsibility of other parties. The potential remediation liabilities are shared with such other parties, and, in most cases, the Company’s share, if any, cannot be reasonably estimated at the current time. However, the Company does not believe that the resolution of these matters has a reasonable possibility of having a material adverse effect on the Company's financial statements. At April 3, 2022 and December 31, 2021, the Company's accrual for these other sites totaled $1,739 and $1,825, respectively. Summary As of April 3, 2022 and December 31, 2021, the Company (and its subsidiaries) had accrued $7,263 and $7,380, respectively, related to environmental contingencies. These accruals are included in “Accrued expenses and other” on the Company’s Condensed Consolidated Balance Sheets. Other Legal Matters In addition to those matters described above, the Company is subject to other various legal proceedings, claims, and litigation arising in the ordinary course of business. While the outcome of these matters could differ from management’s expectations, the Company does not believe the resolution of these matters has a reasonable possibility of having a material adverse effect on the Company’s financial statements.

New Accounting Pronouncements (

New Accounting Pronouncements (Policies)	3 Months Ended
	Apr. 03, 2022
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	In March 2022, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2022-02, Financial Instruments — Credit Losses (Topic 326), Troubled Debt Restructurings ("TDRs") and Vintage Disclosures. The amendments in this update eliminate the accounting guidance for TDRs while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. The amendments in this update also require that an entity disclose current-period gross writeoffs by year of origination for financing receivables and net investments in leases. The Company does not expect this pronouncement to materially affect its consolidated financial statements. In October 2021, the FASB issued ASU 2021-08 – Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers (“ASU 2021-08”). Under current accounting standards, contract assets and contract liabilities acquired in a business combination are to be recorded at fair value using the ASC 805 measurement principle. ASU 2021-08 requires the acquirer to recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with Topic 606: Revenue from Contracts with Customers as if the acquirer had originated the contracts rather than at fair value. ASU 2021-08 is effective for fiscal years beginning after December 15, 2022, with early adoption permitted. The Company elected to early adopt ASU 2021-08 on a prospective basis as of January 1, 2022. The election to use practical expedients allowed under ASU 2021-08 will be applied on an acquisition-by-acquisition basis. There was no impact to the Company’s consolidated financial statements as of the adoption date. During the three-month period ended April 3, 2022, there have been no other newly issued or newly applicable accounting pronouncements that have had, or are expected to have, a material impact on the Company’s financial statements. Further, at April 3, 2022, there are no other pronouncements pending adoption that are expected to have a material impact on the Company’s consolidated financial statements.
Fair Value Measurements	Fair value is defined as an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Fair value is a market-based measurement that is determined based on assumptions that market participants would use in pricing an asset or liability. A three-tier fair value hierarchy is used to prioritize the inputs in measuring fair value as follows: Level 1 – Observable inputs such as quoted market prices in active markets; Level 2 – Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and Level 3 – Unobservable inputs for which there is little or no market data, which require the reporting entity to develop its own assumptions
Commitments and Contingencies	Pursuant to U.S. GAAP, accruals for estimated losses are recorded at the time information becomes available indicating that losses are probable and that the amounts are reasonably estimable. As is the case with other companies in similar industries, the Company faces exposure from actual or potential claims and legal proceedings from a variety of sources.

Acquisitions and Divestitures (

Acquisitions and Divestitures (Tables)	3 Months Ended
	Apr. 03, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of preliminary fair value of assets acquired and measurement period adjustments	The preliminary fair values of the assets acquired and the liabilities assumed in the Ball Metalpack acquisition are as follows: Trade accounts receivable $ 123,001 Inventories 190,070 Prepaid expenses 44,530 Property, plant and equipment 333,496 Right of use asset - operating leases 38,000 Other intangible assets 498,000 Goodwill 366,098 Payable to suppliers (105,580) Accrued expenses and other (25,253) Notes payable and current portion of long-term debt (46,463) Noncurrent operating lease liabilities (30,448) Long-term debt (39,543) Deferred income taxes (52,312) Other net tangible assets 48,069 Net assets, excluding cash $ 1,341,665
Schedule of proforma supplemental information	The following table presents the unaudited financial results for Ball Metalpack from the date of acquisition through the end of the three month period ended April 3, 2022: Supplemental Information (unaudited) January 26 to Ball Metalpack April 3, 2022 Actual net sales $ 171,228 Actual net income $ 14,019 The following table presents the Company’s estimated unaudited pro forma consolidated results for the three month periods ended April 3, 2022 and April 4, 2021, assuming the acquisition of Ball Metalpack had occurred on January 1, 2021. This unaudited pro forma information is presented for informational purposes only and does not purport to represent the results of operations that would have been achieved if the acquisition had been completed at the beginning of 2021, nor is it necessarily indicative of future consolidated results. Pro Forma Supplemental Information (unaudited) Three Months Ended Consolidated April 3, 2022 April 4, 2021 Net sales $ 1,820,570 $ 1,549,616 Net income attributable to Sonoco $ 164,881 $ 20,813

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	3 Months Ended
	Apr. 03, 2022
Equity [Abstract]
Earnings (Loss) per share	The following table sets forth the computation of basic and diluted earnings per share: Three Months Ended April 3, 2022 April 4, 2021 Numerator: Net income attributable to Sonoco $ 115,333 $ 72,297 Denominator: Weighted average common shares outstanding: Basic 97,924 101,046 Dilutive effect of stock-based compensation 630 446 Diluted 98,554 101,492 Net income attributable to Sonoco per common share: Basic $ 1.18 $ 0.72 Diluted $ 1.17 $ 0.71 Cash dividends $ 0.45 $ 0.45
Schedule of antidilutive securities excluded from computation of earnings per share	The average numbers of SARs that were anti-dilutive and, therefore, not included in the computation of diluted earnings per share during the three month periods ended April 3, 2022 and April 4, 2021 were as follows (in thousands): Three Months Ended April 3, 2022 April 4, 2021 Anti-dilutive stock appreciation rights 401 427

Restructuring and Asset Impai_2

Restructuring and Asset Impairment (Tables)	3 Months Ended
	Apr. 03, 2022
Restructuring and Related Activities [Abstract]
Restructuring and restructuring-related asset impairment expenses by type incurred and by reportable segment	Following are the total restructuring and asset impairment charges, net of adjustments, recognized during the periods presented: Three Months Ended April 3, 2022 April 4, 2021 Restructuring and restructuring-related asset impairment charges $ 5,753 $ 2,697 Other asset impairments 6,389 4,149 Restructuring/Asset Impairment Charges $ 12,142 $ 6,846 The table below sets forth restructuring and restructuring-related asset impairment charges by type incurred: Three Months Ended April 3, 2022 April 4, 2021 Severance and Termination Benefits $ 2,099 $ 1,428 Asset Impairments/(Gains from Disposal of Assets) 445 (864) Other Costs 3,209 2,133 Restructuring and restructuring-related asset impairment charges $ 5,753 $ 2,697 The table below sets forth restructuring and restructuring-related asset impairment charges by reportable segment: Three Months Ended April 3, 2022 April 4, 2021 Consumer Packaging $ 1,635 $ 1,085 Industrial Paper Packaging 1,348 1,433 All Other 78 165 Corporate 2,692 14 Restructuring and restructuring-related asset impairment charges $ 5,753 $ 2,697
Restructuring accrual activity	The following table sets forth the activity in the restructuring accrual included in “Accrued expenses and other” on the Company’s Condensed Consolidated Balance Sheets: Severance Asset Other Total Accrual Activity Liability at December 31, 2021 $ 10,917 $ — $ 1,873 $ 12,790 2022 charges 2,099 445 3,209 5,753 Cash (payments)/receipts (4,932) 33 (4,570) (9,469) Asset write downs/disposals — (478) — (478) Foreign currency translation 5 — (38) (33) Liability at April 3, 2022 $ 8,089 $ — $ 474 $ 8,563

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Apr. 03, 2022
Equity [Abstract]
Components of accumulated other comprehensive loss	The following table summarizes the components of accumulated other comprehensive loss and the changes in the balances of each component of accumulated other comprehensive loss, net of tax as applicable, for the three months ended April 3, 2022 and April 4, 2021: Foreign Defined Cash Accumulated Balance at December 31, 2021 $ (269,076) $ (91,397) $ 1,048 $ (359,425) Other comprehensive (loss)/income before reclassifications (185) $ (971) $ 5,119 $ 3,963 Amounts reclassified from accumulated other comprehensive loss to net income — 1,162 (2,654) (1,492) Amounts reclassified from accumulated other comprehensive loss to fixed assets — — 85 85 Other comprehensive (loss)/income (185) 191 2,550 2,556 Balance at April 3, 2022 $ (269,261) $ (91,206) $ 3,598 $ (356,869) Balance at December 31, 2020 $ (194,024) $ (562,747) $ (71) $ (756,842) Other comprehensive loss before reclassifications (32,021) 115 998 (30,908) Amounts reclassified from accumulated other comprehensive loss to net income — 5,270 (30) 5,240 Amounts reclassified from accumulated other comprehensive loss to fixed assets — — (10) (10) Other comprehensive (loss)/income (32,021) 5,385 958 (25,678) Balance at April 4, 2021 $ (226,045) $ (557,362) $ 887 $ (782,520)
Effects on net income of significant amounts reclassified from accumulated other comprehensive loss	The following table summarizes the effects on net income of significant amounts reclassified from each component of accumulated other comprehensive loss for the three month periods ended April 3, 2022 and April 4, 2021: Amount Reclassified from Accumulated Three Months Ended Details about Accumulated Other April 3, April 4, Affected Line Item in Gains/(losses) on cash flow hedges Foreign exchange contracts $ 566 $ 340 Net sales Foreign exchange contracts (695) (228) Cost of sales Commodity contracts 3,850 (71) Cost of sales $ 3,721 $ 41 Income before income taxes (1,067) (11) Provision for income taxes $ 2,654 $ 30 Net income Defined benefit pension items Effect of settlement loss (a) (356) — Non-operating pension costs Amortization of defined benefit pension items (a) (1,171) (6,901) Non-operating pension costs $ (1,527) $ (6,901) Income before income taxes 365 1,631 Provision for income taxes $ (1,162) $ (5,270) Net income Total reclassifications for the period $ 1,492 $ (5,240) Net income (a) See Note 11 for additional details.
Before and after tax amounts for comprehensive income (loss) components	The following table summarizes the before and after tax amounts for the various components of other comprehensive income/(loss) for the three-month periods ended April 3, 2022 and April 4, 2021: Three months ended April 3, 2022 Three months ended April 4, 2021 Before Tax Tax After Tax Before Tax Tax After Tax Foreign currency items: Net other comprehensive loss from foreign currency items $ (185) $ — $ (185) $ (32,021) $ — $ (32,021) Defined benefit pension items: Other comprehensive (loss)/income before (1,276) 305 (971) 151 (36) 115 Amounts reclassified from accumulated other comprehensive loss to net income (a) 1,527 (365) 1,162 6,901 (1,631) 5,270 Net other comprehensive income/(loss) from 251 (60) 191 7,052 (1,667) 5,385 Gains and losses on cash flow hedges: Other comprehensive income/(loss) before 7,179 (2,060) 5,119 1,338 (340) 998 Amounts reclassified from accumulated other (3,721) 1,067 (2,654) (41) 11 (30) Amounts reclassified from accumulated other 117 (32) 85 (13) 3 (10) Net other comprehensive income/(loss) from 3,575 (1,025) 2,550 1,284 (326) 958 Other comprehensive income/(loss) $ 3,641 $ (1,085) $ 2,556 $ (23,685) $ (1,993) $ (25,678) (a) See Note 11 for additional details.

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Apr. 03, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in goodwill by segment	A summary of the changes in goodwill for the three months ended April 3, 2022 is as follows: Consumer Industrial Paper Packaging All Other Total Goodwill at December 31, 2021 $ 572,415 $ 367,780 $ 384,305 $ 1,324,501 2022 Acquisitions 366,098 — — 366,098 Foreign currency translation (751) (757) (783) (2,291) Goodwill at April 3, 2022 $ 937,762 $ 367,023 $ 383,522 $ 1,688,308
Summary of other intangible assets	A summary of other intangible assets as of April 3, 2022 and December 31, 2021 is as follows: April 3, December 31, Other Intangible Assets, gross: Patents $ 29,320 $ 29,315 Customer lists 1,054,757 592,195 Trade names 32,020 32,043 Proprietary technology 57,846 22,846 Other 2,808 2,807 Total Other Intangible Assets, gross $ 1,176,751 $ 679,206 Accumulated Amortization: Patents $ (16,701) $ (16,275) Customer lists (364,315) (347,274) Trade names (14,497) (14,106) Proprietary technology (22,233) (21,394) Other (2,038) (2,014) Total Accumulated Amortization $ (419,784) $ (401,063) Other Intangible Assets, net $ 756,967 $ 278,143

Debt (Table)

Debt (Table)	3 Months Ended
	Apr. 03, 2022
Debt Disclosure [Abstract]
Schedule of Debt	Details of the Company's debt at April 3, 2022 and December 31, 2021 are as follows: April 3, December 31, Commercial paper $ 322,000 $ 349,000 Syndicated term loan due February 2025 299,516 — 1.800% notes due February 2025 397,787 — 2.250% notes due February 2027 297,529 — 2.850% notes due February 2032 494,876 — 3.125% notes due May 2030 595,487 595,342 5.750% notes due November 2040 536,190 536,182 Other foreign denominated debt 48,829 55,432 Finance lease obligations 110,077 60,282 Other debt 68,553 14,424 Total debt $ 3,170,844 $ 1,610,662 Less current portion and short-term notes 440,698 411,557 Long-term debt $ 2,730,146 $ 1,199,106 On January 21, 2022, the Company completed a registered public offering of green bonds with an aggregate principal amount of $1,200,000. The unsecured notes (the "Notes") consisted of the following: Principal Amount Issuance Costs and Discounts Net Proceeds Interest Rate Maturity 2025 Notes $ 400,000 $ (2,356) $ 397,644 1.800% February 1, 2025 2027 Notes 300,000 (2,565) 297,435 2.250% February 1, 2027 2032 Notes 500,000 (5,220) 494,780 2.850% February 1, 2032 Total $ 1,200,000 $ (10,141) $ 1,189,859

Financial Instruments and Der_2

Financial Instruments and Derivatives (Tables)	3 Months Ended
	Apr. 03, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Carrying amounts and fair values of financial instruments	April 3, 2022 December 31, 2021 Carrying Fair Carrying Fair Long-term debt, net of current portion $ 2,730,146 $ 2,766,118 $ 1,199,106 $ 1,434,711
Net positions of foreign contracts	The net positions of these contracts at April 3, 2022 were as follows (in thousands): Currency Action Quantity Colombian peso purchase 20,628,988 Mexican peso purchase 362,683 Polish zloty purchase 66,273 Czech koruna purchase 49,946 Turkish lira purchase 12,957 Canadian dollar purchase 12,513 Euro purchase 11,543 British pound purchase 2,144 Brazilian real sell (22,941) Russian ruble sell (67,719)
Net positions of other derivatives contracts	The net currency positions of these non-designated contracts at April 3, 2022, were as follows (in thousands): Currency Action Quantity Colombian peso purchase 31,293,571 Indonesian rupiah purchase 28,410,441 Mexican peso purchase 394,099 Turkish lira purchase 41,644 Canadian dollar purchase 6,258 Thai baht sell (12,571)
Location and fair values of derivative instruments	The following table sets forth the location and fair values of the Company’s derivative instruments at April 3, 2022 and December 31, 2021: Description Balance Sheet Location April 3, 2022 December 31, 2021 Derivatives designated as hedging instruments: Commodity Contracts Prepaid expenses $ 3,865 $ 1,599 Commodity Contracts Accrued expenses and other $ — $ (108) Foreign Exchange Contracts Prepaid expenses $ 1,913 $ 848 Foreign Exchange Contracts Accrued expenses and other $ (756) $ (969) Foreign Exchange Contracts Other liabilities $ (69) $ — Derivatives not designated as hedging instruments: Commodity Contracts Prepaid expenses $ 6,729 $ 1,815 Commodity Contracts Accrued expenses and other $ — $ (1,132) Foreign Exchange Contracts Prepaid expenses $ 85 $ 135 Foreign Exchange Contracts Accrued expenses and other $ (97) $ (176) Interest Rate Lock Contract Accrued expenses and other $ — $ (550)
Effect of derivative instruments on financial performance	The following tables set forth the effect of the Company’s derivative instruments on financial performance for the three months ended April 3, 2022 and April 4, 2021, excluding the gains on foreign currency cash flow hedges that were reclassified from accumulated other comprehensive loss to the carrying value of the capitalized expenditures: Description Amount of Gain or Location of Gain Amount of Gain or Derivatives in Cash Flow Hedging Relationships: Three months ended April 3, 2022 Foreign Exchange Contracts $ 955 Net sales $ 566 Cost of sales $ (695) Commodity Contracts $ 6,224 Cost of sales $ 3,850 Three months ended April 4, 2021 Foreign Exchange Contracts $ (188) Net sales $ 340 Cost of sales $ (228) Commodity Contracts $ 1,754 Cost of sales $ (71) Description Gain or (Loss) Location of Gain or (Loss) Recognized in Derivatives not Designated as Hedging Instruments: Three months ended April 3, 2022 Commodity Contracts $ 6,992 Cost of sales Foreign Exchange Contracts $ 1,343 Selling, general and administrative Three months ended April 4, 2021 Commodity Contracts $ 378 Cost of sales Foreign Exchange Contracts $ (625) Selling, general and administrative Three months ended April 3, 2022 Three months ended April 4, 2021 Description Revenue Cost of Revenue Cost of Total amount of income and expense line items presented in the Condensed Consolidated Statements of Income $ 566 $ 3,155 $ 340 $ (299) Gain or (loss) on cash flow hedging relationships: Foreign exchange contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive loss into net income $ 566 $ (695) $ 340 $ (228) Commodity contracts: Amount of gain/(loss) reclassified from accumulated other comprehensive loss into net income $ — $ 3,850 $ — $ (71)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Apr. 03, 2022
Fair Value Disclosures [Abstract]
Assets and liabilities measured on recurring basis	The following table sets forth information regarding the Company’s financial assets and financial liabilities, excluding retirement and postretirement plan assets, measured at fair value on a recurring basis: Description April 3, 2022 Assets measured Level 1 Level 2 Level 3 Hedge derivatives, net: Commodity contracts $ 3,865 $ — $ — $ 3,865 $ — Foreign exchange contracts $ 1,088 $ — $ — $ 1,088 $ — Non-hedge derivatives, net: Commodity contracts $ 6,729 $ — $ — $ 6,729 $ — Foreign exchange contracts $ (12) $ — $ — $ (12) $ — Description December 31, 2021 Assets measured Level 1 Level 2 Level 3 Hedge derivatives, net: Commodity contracts $ 1,491 $ — $ — $ 1,491 $ — Foreign exchange contracts $ (121) $ — $ — $ (121) $ — Non-hedge derivatives, net: Commodity contracts $ 683 $ — $ — $ 683 $ — Foreign exchange contracts $ (41) $ — $ — $ (41) $ — Interest rate lock contract $ (550) $ — $ — $ (550) $ —

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	3 Months Ended
	Apr. 03, 2022
Retirement Benefits [Abstract]
Components of net periodic benefit cost	The components of net periodic benefit cost include the following: Three Months Ended April 3, 2022 April 4, 2021 Retirement Plans Service cost $ 826 $ 961 Interest cost 2,710 10,107 Expected return on plan assets (2,865) (9,661) Amortization of prior service cost 221 226 Amortization of net actuarial loss 1,135 6,871 Effect of settlement loss 356 — Net periodic benefit cost $ 2,383 $ 8,504 Retiree Health and Life Insurance Plans Service cost $ 82 $ 94 Interest cost 64 50 Expected return on plan assets (112) (113) Amortization of net actuarial gain (185) (196) Net periodic benefit income $ (151) $ (165)

Leases (Tables)

Leases (Tables)	3 Months Ended
	Apr. 03, 2022
Leases [Abstract]
Balance sheet location and values of Company's lease assets and lease liabilities	The following table sets forth the balance sheet location and aggregate values of the Company’s lease assets and lease liabilities at April 3, 2022 and December 31, 2021: Classification Balance Sheet Location April 3, 2022 December 31, 2021 Lease Assets Operating lease assets Right of Use Asset - Operating Leases $ 315,604 $ 268,390 Finance lease assets Other Assets 111,681 55,826 Total lease assets $ 427,285 $ 324,216 Lease Liabilities Current operating lease liabilities Accrued expenses and other $ 50,215 $ 45,305 Current finance lease liabilities Notes payable and current portion of debt 14,777 6,952 Total current lease liabilities $ 64,992 $ 52,257 Noncurrent operating lease liabilities Noncurrent Operating Lease Liabilities $ 272,157 $ 234,167 Noncurrent finance lease liabilities Long-term Debt, Net of Current Portion 95,300 53,330 Total noncurrent lease liabilities $ 367,457 $ 287,497 Total lease liabilities $ 432,449 $ 339,754
Components of Company's total lease costs and other lease related information	The following table sets forth the components of the Company's total lease cost for the three month periods ended April 3, 2022 and April 4, 2021: Three Months Ended Lease Cost April 3, 2022 April 4, 2021 Operating lease cost (a) $ 12,797 $ 13,195 Finance lease cost: Amortization of lease asset (a) 2,711 1,324 Interest on lease liabilities (b) 966 293 Variable lease cost (a) (c) 7,355 6,085 Total lease cost $ 23,829 $ 20,897 (a) Production-related and administrative amounts are included in cost of sales and selling, general and administrative expenses, respectively. (b) Included in interest expense. (c) Also includes short term lease costs, which are deemed immaterial .
Schedule of Weighted Average Remaining Lease Terms, Discounts Rates and Other Lease Information	The following table sets forth certain lease-related information for the three months ended April 3, 2022 and April 4, 2021: Three Months Ended April 3, 2022 April 4, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used by operating leases $ 13,152 $ 13,934 Operating cash flows used by finance leases $ 966 $ 293 Financing cash flows used by finance leases $ 2,643 $ 1,024 Noncash investing and financing activities: Leased assets obtained in exchange for new operating lease liabilities $ 19,520 $ 4,281 Leased assets obtained in exchange for new finance lease liabilities $ 5,910 $ 5,406 Modification to leased assets for increase in operating lease liabilities $ 1,484 $ 3,496 Modification to leased assets for increase in finance lease liabilities $ 290 $ 3,779 Termination reclasses to decrease operating lease assets $ (1,913) $ (235) Termination reclasses to decrease operating lease liabilities $ (1,828) $ (249) Termination reclasses to decrease finance lease assets $ — $ (22) Termination reclasses to decrease finance lease liabilities $ — $ (23)

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Apr. 03, 2022
Revenue from Contract with Customer [Abstract]
Receivables, contracts assets and liabilities from contracts with customers	The following tables set forth the effects of contract assets and liabilities from contracts with customers. Contract assets and liabilities are reported in "Other receivables" and "Accrued expenses and other," respectively, on the Company's Condensed Consolidated Balance Sheets. April 3, 2022 December 31, 2021 Contract Assets $ 67,185 $ 51,106 Contract Liabilities $ (28,489) $ (18,993) Significant changes in the contract assets and liabilities balances during the three months ended April 3, 2022 and the year ended December 31, 2021 were as follows: April 3, 2022 December 31, 2021 Contract Contract Contract Contract Beginning Balance $ 51,106 $ (18,993) $ 48,390 $ (16,687) Revenue deferred or rebates accrued — (23,377) — (36,527) Recognized as revenue 9,098 7,238 Rebates paid to customers — 10,200 — 26,983 Increases due to rights to consideration for customer specific goods produced, but not billed during the period 59,259 — 51,106 — Transferred to receivables from contract assets recognized at the beginning of the period (51,106) — (48,390) — Acquired as part of a business combination 7,926 (5,417) — — Ending Balance $ 67,185 $ (28,489) $ 51,106 $ (18,993)
Disaggregation of revenue	The following tables set forth information about revenue disaggregated by primary geographic regions for the three-month periods ended April 3, 2022 and April 4, 2021. The tables also include a reconciliation of disaggregated revenue with reportable segments. Three months ended April 3, 2022 Consumer Packaging Industrial Paper Packaging All Other Total Primary Geographical Markets: United States $ 654,414 $ 417,286 $ 166,074 $ 1,237,774 Europe 120,170 116,827 24,125 261,122 Canada 31,208 27,170 — 58,378 Asia 25,634 73,619 292 99,545 Other 36,672 64,227 13,264 114,163 Total $ 868,098 $ 699,129 $ 203,755 $ 1,770,982 Three months ended April 4, 2021 Consumer Packaging Industrial Paper Packaging All Other Total Primary Geographical Markets: United States $ 397,797 $ 325,222 $ 174,731 $ 897,750 Europe 115,180 96,684 21,409 233,273 Canada 26,143 21,046 — 47,189 Asia 21,153 73,372 241 94,766 Other 22,480 49,073 8,773 80,326 Total $ 582,753 $ 565,397 $ 205,154 $ 1,353,304

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Apr. 03, 2022
Segment Reporting [Abstract]
Segment financial information	SEGMENT FINANCIAL INFORMATION Three Months Ended April 3, 2022 April 4, 2021 Net sales: Consumer Packaging $ 868,098 $ 582,753 Industrial Paper Packaging 699,129 565,397 All Other 203,755 205,154 Consolidated $ 1,770,982 $ 1,353,304 Intersegment sales: Consumer Packaging $ 1,411 $ 1,653 Industrial Paper Packaging 33,638 26,896 All Other 2,701 3,025 Consolidated $ 37,750 $ 31,574 Operating profit: Segment operating profit: Consumer Packaging $ 173,609 $ 81,360 Industrial Paper Packaging 72,660 52,299 All Other 14,524 18,757 Restructuring/Asset impairment charges (12,142) (6,846) Amortization of acquisition intangibles (18,800) (12,749) Other non-base income/(charges), net (60,790) (12,512) Consolidated $ 169,061 $ 120,309

Acquisitions and Divestitures -

Acquisitions and Divestitures - Additional Information (Details) $ in Thousands	Jan. 26, 2022USD ($)manufacturing_plant	Apr. 05, 2021USD ($)	Apr. 03, 2022USD ($)	Oct. 03, 2021USD ($)	Apr. 04, 2021USD ($)employeefacility
Business Acquisition [Line Items]
Consideration paid, net of cash acquired			$ 1,348,589		$ 2,353
Acquisition and divestiture-related costs			48,352		10,025
Loss on divestiture of business			0		(5,516)
Cost of sales
Business Acquisition [Line Items]
Acquisition and divestiture-related costs			23,352
Sold | DisplayAndPackagingReportingUnitMember
Business Acquisition [Line Items]
Consideration for disposal of business held for sale					$ 80,000
Approximate number of employees (employee) | employee					450
Number of manufacturing and fulfillment facilities | facility					8
Number of sales and design centers | facility					4
Proceeds from the sale of businesses, net		$ 79,704	1,971
Loss on divestiture of business					$ (5,516)
Disposal group, including discontinued operation, consideration, liabilities settled			786
Gain (loss) on the sale of business			(2,759)	$ (2,757)
Ball Metalpack
Business Acquisition [Line Items]
Consideration paid, net of cash acquired	$ 1,348,589
Joint venture, ownership (percent)	51.00%
Number of facilities acquired | manufacturing_plant	8
Actual cash on hand	$ 6,924
Goodwill expected tax deductible percentage	78.00%
Fair value adjustment to acquisition date inventory			25,000
Acquisition and divestiture-related costs			$ 22,284
Ball Corporation
Business Acquisition [Line Items]
Joint venture, ownership (percent)	49.00%

Acquisitions and Divestitures_2

Acquisitions and Divestitures - Preliminary Fair Values of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands		Apr. 03, 2022	Jan. 26, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Goodwill	[1]	$ 1,688,308		$ 1,324,501
Ball Metalpack
Business Acquisition [Line Items]
Trade accounts receivable			$ 123,001
Inventories			190,070
Prepaid expenses			44,530
Property, plant and equipment			333,496
Right of use asset - operating leases			38,000
Other intangible assets			498,000
Goodwill			366,098
Payable to suppliers			(105,580)
Accrued expenses and other			(25,253)
Notes payable and current portion of long-term debt			(46,463)
Noncurrent operating lease liabilities			(30,448)
Long-term debt			(39,543)
Deferred income taxes			(52,312)
Other net tangible assets			48,069
Net assets, excluding cash			$ 1,341,665
[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.

Acquisitions and Divestitures_3

Acquisitions and Divestitures - Pro Forma and Supplemental Information (Details) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended
	Apr. 03, 2022	Apr. 03, 2022	Apr. 04, 2021
Business Acquisition [Line Items]
Net sales		$ 1,820,570	$ 1,549,616
Net income attributable to Sonoco		$ 164,881	$ 20,813
Ball Metalpack
Business Acquisition [Line Items]
Net sales	$ 171,228
Net income attributable to Sonoco	$ 14,019

Shareholders' Equity - Earnings

Shareholders' Equity - Earnings (Loss) per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Mar. 10, 2022	Apr. 03, 2022	Apr. 04, 2021
Numerator:
Net income attributable to Sonoco		$ 115,333	$ 72,297
Denominator:
Basic (in shares)		97,924	101,046
Dilutive effect of stock-based compensation (in shares)		630	446
Diluted (in shares)		98,554	101,492
Net income attributable to Sonoco per common share:
Basic (in usd per share)		$ 1.18	$ 0.72
Diluted (in usd per share)		1.17	0.71
Cash dividends (in usd per share)	$ 0.45	$ 0.45	$ 0.45

Shareholders' Equity - Antidilu

Shareholders' Equity - Antidilutive Securities (Details) - shares shares in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
SARs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive stock appreciation rights (in shares)	401	427

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Details) $ / shares in Units, $ in Thousands	Jun. 10, 2022$ / shares	Apr. 20, 2022$ / shares	Mar. 31, 2022USD ($)partner	Mar. 10, 2022$ / shares	Feb. 09, 2022$ / shares	Apr. 03, 2022USD ($)$ / sharesshares	Apr. 04, 2021USD ($)$ / sharesshares	Dec. 31, 2021USD ($)	Apr. 20, 2021USD ($)	Apr. 30, 2015
Class of Stock [Line Items]
Number of shares authorized for repurchase									$ 350,000
Number of shares available for repurchase (in shares)								$ 137,972
Shares repurchased (in shares) | shares						0
Dividend declared and payable (in usd per share) | $ / shares					$ 0.45
Dividends paid (in usd per share) | $ / shares				$ 0.45		$ 0.45	$ 0.45
Payments to Noncontrolling Interests						$ 14,474	$ 0
Purchase of noncontrolling interest						13,196
Graffo Paranaense de Embalagens S/A
Class of Stock [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent										67.00%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners			33.00%							33.00%
Payments to Noncontrolling Interests			$ 14,474
Noncontrolling Interest, Number Of Partners | partner			3
Purchase of noncontrolling interest						6,116
Increase (Decrease) in Accrued Liabilities						$ 1,278
Subsequent Event
Class of Stock [Line Items]
Dividend declared and payable (in usd per share) | $ / shares		$ 0.49
Dividends paid (in usd per share) | $ / shares	$ 0.49
Tax Withholding Obligations
Class of Stock [Line Items]
Number of shares repurchased (in shares) | shares						60,000	85,000
Cost of shares repurchased						$ 3,410	$ 5,051

Restructuring and Asset Impai_3

Restructuring and Asset Impairment - Restructuring and Restructuring-related Asset Impairment Expenses by Type Incurred and by Reportable Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring and restructuring-related asset impairment charges	$ 5,753	$ 2,697
Other asset impairments	6,389	4,149
Restructuring/Asset Impairment Charges	12,142	6,846
Consumer Packaging
Restructuring Cost and Reserve [Line Items]
Other asset impairments	676	1,750
All Other
Restructuring Cost and Reserve [Line Items]
Other asset impairments	5,713	2,399
Operating Segments | Consumer Packaging
Restructuring Cost and Reserve [Line Items]
Restructuring and restructuring-related asset impairment charges	1,635	1,085
Operating Segments | Industrial Paper Packaging
Restructuring Cost and Reserve [Line Items]
Restructuring and restructuring-related asset impairment charges	1,348	1,433
Operating Segments | All Other
Restructuring Cost and Reserve [Line Items]
Restructuring and restructuring-related asset impairment charges	78	165
Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring and restructuring-related asset impairment charges	2,692	14
Severance and Termination Benefits
Restructuring Cost and Reserve [Line Items]
Restructuring and restructuring-related asset impairment charges	2,099	1,428
Asset Impairments/(Gains from Disposal of Assets)
Restructuring Cost and Reserve [Line Items]
Restructuring and restructuring-related asset impairment charges	445	(864)
Other Costs
Restructuring Cost and Reserve [Line Items]
Restructuring and restructuring-related asset impairment charges	$ 3,209	$ 2,133

Restructuring and Asset Impai_4

Restructuring and Asset Impairment - Restructuring Accrual Activity (Details) $ in Thousands	3 Months Ended
	Apr. 03, 2022USD ($)
Restructuring Reserve [Roll Forward]
Liability at December 31, 2021	$ 12,790
2022 charges	5,753
Cash (payments)/receipts	(9,469)
Asset write downs/disposals	(478)
Foreign currency translation	(33)
Liability at April 3, 2022	8,563
Severance and Termination Benefits
Restructuring Reserve [Roll Forward]
Liability at December 31, 2021	10,917
2022 charges	2,099
Cash (payments)/receipts	(4,932)
Asset write downs/disposals	0
Foreign currency translation	5
Liability at April 3, 2022	8,089
Asset Impairments/(Gains from Disposal of Assets)
Restructuring Reserve [Roll Forward]
Liability at December 31, 2021	0
2022 charges	445
Cash (payments)/receipts	33
Asset write downs/disposals	(478)
Foreign currency translation	0
Liability at April 3, 2022	0
Other Costs
Restructuring Reserve [Roll Forward]
Liability at December 31, 2021	1,873
2022 charges	3,209
Cash (payments)/receipts	(4,570)
Asset write downs/disposals	0
Foreign currency translation	(38)
Liability at April 3, 2022	$ 474

Restructuring and Asset Impai_5

Restructuring and Asset Impairment - Additional Information (Details) $ in Thousands	3 Months Ended
	Apr. 03, 2022USD ($)employee	Apr. 04, 2021USD ($)
Restructuring Cost and Reserve [Line Items]
Future additional charges expected to be recognized	$ 2,100
Other asset impairments	6,389	$ 4,149
Consumer Packaging
Restructuring Cost and Reserve [Line Items]
Other asset impairments	676	1,750
All Other
Restructuring Cost and Reserve [Line Items]
Other asset impairments	$ 5,713	$ 2,399
Organizational effectiveness efforts
Restructuring Cost and Reserve [Line Items]
Number of eliminated positions (position) | employee	125

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022		Apr. 04, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	$ 1,849,541	[1]	$ 1,910,528
Other comprehensive income/(loss)	3,447		(26,198)
Ending Balance	1,918,931		1,912,798
Foreign Currency Items
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	(269,076)		(194,024)
Other comprehensive (loss)/income before reclassifications	(185)		(32,021)
Other comprehensive income/(loss)	(185)		(32,021)
Ending Balance	(269,261)		(226,045)
Foreign Currency Items | Net Income
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss net of tax	0		0
Foreign Currency Items | Fixed Assets
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss net of tax	0		0
Defined Benefit Pension Items
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	(91,397)		(562,747)
Other comprehensive (loss)/income before reclassifications	(971)		115
Other comprehensive income/(loss)	191		5,385
Ending Balance	(91,206)		(557,362)
Defined Benefit Pension Items | Net Income
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss net of tax	1,162		5,270
Defined Benefit Pension Items | Fixed Assets
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss net of tax	0		0
Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	1,048		(71)
Other comprehensive (loss)/income before reclassifications	5,119		998
Other comprehensive income/(loss)	2,550		958
Ending Balance	3,598		887
Cash Flow Hedges | Net Income
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss net of tax	(2,654)		(30)
Cash Flow Hedges | Fixed Assets
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss net of tax	85		(10)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	(359,425)		(756,842)
Other comprehensive (loss)/income before reclassifications	3,963		(30,908)
Other comprehensive income/(loss)	2,556		(25,678)
Ending Balance	(356,869)		(782,520)
Accumulated Other Comprehensive Loss | Net Income
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss net of tax	(1,492)		5,240
Accumulated Other Comprehensive Loss | Fixed Assets
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss net of tax	$ 85		$ (10)
[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.

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss - Effects on Net Income of Significant Amounts Reclassified from Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net sales	$ 1,770,982	$ 1,353,304
Cost of sales	(1,399,417)	(1,075,403)
Income before income taxes	148,672	95,294
Provision for income taxes	(35,289)	(24,045)
Net income	115,607	72,293
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net sales	566	340
Cost of sales	3,155	(299)
Net income	1,492	(5,240)
Reclassification out of Accumulated Other Comprehensive Income | Cash Flow Hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income before income taxes	3,721	41
Provision for income taxes	(1,067)	(11)
Net income	2,654	30
Reclassification out of Accumulated Other Comprehensive Income | Defined Benefit Pension Items
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income before income taxes	(1,527)	(6,901)
Provision for income taxes	365	1,631
Net income	(1,162)	(5,270)
Reclassification out of Accumulated Other Comprehensive Income | Effect of settlement loss
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Non-operating pension costs	(356)	0
Reclassification out of Accumulated Other Comprehensive Income | Amortization of defined benefit pension items
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Non-operating pension costs	(1,171)	(6,901)
Reclassification out of Accumulated Other Comprehensive Income | Foreign exchange contracts | Cash Flow Hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net sales	566	340
Cost of sales	(695)	(228)
Reclassification out of Accumulated Other Comprehensive Income | Commodity contracts | Cash Flow Hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net sales	0	0
Cost of sales	$ 3,850	$ (71)

Accumulated Other Comprehensi_5

Accumulated Other Comprehensive Loss - Before and After Tax Amounts for Comprehensive Income (Loss) Components (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income/(loss)	$ 3,447	$ (26,198)
Foreign Currency Items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income/(loss) before tax	(185)	(32,021)
Other comprehensive income/(loss), tax	0	0
Other comprehensive income/(loss)	(185)	(32,021)
Defined benefit pension items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive (loss)/income before reclassifications before tax	(1,276)	151
Other comprehensive (loss)/income before reclassifications, tax	305	(36)
Other comprehensive (loss)/income before reclassifications, net of tax	(971)	115
Other comprehensive income/(loss) before tax	251	7,052
Other comprehensive income/(loss), tax	(60)	(1,667)
Other comprehensive income/(loss)	191	5,385
Defined benefit pension items | Net Income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amounts reclassified from accumulated other comprehensive income/(loss) before tax	1,527	6,901
Amounts reclassified from accumulated other comprehensive income/(loss), tax	(365)	(1,631)
Amounts reclassified from accumulated other comprehensive income/(loss) net of tax	1,162	5,270
Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive (loss)/income before reclassifications before tax	7,179	1,338
Other comprehensive (loss)/income before reclassifications, tax	(2,060)	(340)
Other comprehensive (loss)/income before reclassifications, net of tax	5,119	998
Other comprehensive income/(loss) before tax	3,575	1,284
Other comprehensive income/(loss), tax	(1,025)	(326)
Other comprehensive income/(loss)	2,550	958
Cash Flow Hedges | Fixed Assets
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amounts reclassified from accumulated other comprehensive income/(loss) before tax	117	(13)
Amounts reclassified from accumulated other comprehensive income/(loss), tax	(32)	3
Amounts reclassified from accumulated other comprehensive income/(loss) net of tax	85	(10)
Cash Flow Hedges | Net Income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amounts reclassified from accumulated other comprehensive income/(loss) before tax	(3,721)	(41)
Amounts reclassified from accumulated other comprehensive income/(loss), tax	1,067	11
Amounts reclassified from accumulated other comprehensive income/(loss) net of tax	(2,654)	(30)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income/(loss) before tax	3,641	(23,685)
Other comprehensive income/(loss), tax	(1,085)	(1,993)
Other comprehensive income/(loss)	$ 2,556	$ (25,678)

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Changes in Goodwill by Segment (Details) $ in Thousands	3 Months Ended
	Apr. 03, 2022USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 1,324,501	[1]
2022 Acquisitions	366,098
Foreign currency translation	(2,291)
Goodwill, ending balance	1,688,308	[1]
Consumer Packaging
Goodwill [Roll Forward]
Goodwill, beginning balance	572,415
2022 Acquisitions	366,098
Foreign currency translation	(751)
Goodwill, ending balance	937,762
Industrial Paper Packaging
Goodwill [Roll Forward]
Goodwill, beginning balance	367,780
2022 Acquisitions	0
Foreign currency translation	(757)
Goodwill, ending balance	367,023
All Other
Goodwill [Roll Forward]
Goodwill, beginning balance	384,305
2022 Acquisitions	0
Foreign currency translation	(783)
Goodwill, ending balance	$ 383,522
[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.

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Additional Information (Details) - USD ($)		Jan. 26, 2022	Apr. 03, 2022	Apr. 04, 2021	Dec. 31, 2021	Jan. 01, 2021
Goodwill [Line Items]
Goodwill, impairment loss				$ 0
Goodwill	[1]		$ 1,688,308,000		$ 1,324,501,000
Indefinite-lived intangible assets			0
Aggregate amortization expense			18,800,000	$ 12,749,000
Amortization expense on other intangible assets in 2022			81,400,000
Amortization expense on other intangible assets in 2023			79,700,000
Amortization expense on other intangible assets in 2024			71,000,000
Amortization expense on other intangible assets in 2025			60,500,000
Amortization expense on other intangible assets in 2026			$ 57,900,000
Ball Metalpack
Goodwill [Line Items]
Goodwill		$ 366,098,000
Other | Minimum
Goodwill [Line Items]
Useful lives of intangible asset			3 years
Other | Maximum
Goodwill [Line Items]
Useful lives of intangible asset			40 years
Customer Lists And Patents | Ball Metalpack
Goodwill [Line Items]
Intangible assets acquired		$ 498,000
Useful lives of intangible asset		13 years 7 months 6 days
Plastics - Healthcare
Goodwill [Line Items]
Excess of fair value of reporting unit over carrying value (percent)			13.30%
Goodwill			$ 63,681,000
Plastics - Healthcare | Discount Rate
Goodwill [Line Items]
Discount rate (percent)			8.30%
Protexic
Goodwill [Line Items]
Projected decrease in operating profit for estimated fair value to fall below carrying value (percent)						13.00%
Protexic | Discount Rate
Goodwill [Line Items]
Change necessary in order for estimated fair value to fall below carrying value (percent)						9.30%
[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.

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Summary of Other Intangible Assets (Details) - USD ($) $ in Thousands		Apr. 03, 2022	Dec. 31, 2021
Other Intangible Assets, gross:
Total Other Intangible Assets, gross		$ 1,176,751	$ 679,206
Total Accumulated Amortization		(419,784)	(401,063)
Other Intangible Assets, net	[1]	756,967	278,143
Patents
Other Intangible Assets, gross:
Total Other Intangible Assets, gross		29,320	29,315
Total Accumulated Amortization		(16,701)	(16,275)
Customer lists
Other Intangible Assets, gross:
Total Other Intangible Assets, gross		1,054,757	592,195
Total Accumulated Amortization		(364,315)	(347,274)
Trade names
Other Intangible Assets, gross:
Total Other Intangible Assets, gross		32,020	32,043
Total Accumulated Amortization		(14,497)	(14,106)
Proprietary technology
Other Intangible Assets, gross:
Total Other Intangible Assets, gross		57,846	22,846
Total Accumulated Amortization		(22,233)	(21,394)
Other
Other Intangible Assets, gross:
Total Other Intangible Assets, gross		2,808	2,807
Total Accumulated Amortization		$ (2,038)	$ (2,014)
[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.

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($) $ in Thousands	Apr. 03, 2022	Dec. 31, 2021	Aug. 01, 2021	May 25, 2021
Line of Credit Facility [Line Items]
Finance lease obligations	$ 110,077	$ 60,282
Total debt	3,170,844	1,610,662
Less current portion and short-term notes	440,698	411,557
Long-term debt	2,730,146	1,199,106
Commercial paper
Line of Credit Facility [Line Items]
Debt	322,000	349,000
Syndicated term loan due February 2025
Line of Credit Facility [Line Items]
Debt	$ 299,516	0
1.800% notes due February 2025
Line of Credit Facility [Line Items]
Interest rate (percent)	1.80%			1.80%
Debt	$ 397,787	0
2.250% notes due February 2027
Line of Credit Facility [Line Items]
Interest rate (percent)			2.25%
Debt	297,529	0
2.850% notes due February 2032
Line of Credit Facility [Line Items]
Interest rate (percent)			2.85%
Debt	$ 494,876	0
3.125% notes due May 2030
Line of Credit Facility [Line Items]
Interest rate (percent)	3.125%
Debt	$ 595,487	595,342
5.750% notes due November 2040
Line of Credit Facility [Line Items]
Interest rate (percent)	5.75%
Debt	$ 536,190	536,182
Other foreign denominated debt
Line of Credit Facility [Line Items]
Debt	48,829	55,432
Other debt
Line of Credit Facility [Line Items]
Debt	$ 68,553	$ 14,424

Debt - Debt Instruments (Detail

Debt - Debt Instruments (Details) - Unsecured Debt $ in Thousands	Jan. 21, 2022USD ($)
Line of Credit Facility [Line Items]
Principal Amount	$ 1,200,000
Issuance Costs and Discounts	(10,141)
Net Proceeds	1,189,859
2025 Notes
Line of Credit Facility [Line Items]
Principal Amount	400,000
Issuance Costs and Discounts	(2,356)
Net Proceeds	$ 397,644
Interest rate (percent)	1.80%
2027 Notes
Line of Credit Facility [Line Items]
Principal Amount	$ 300,000
Issuance Costs and Discounts	(2,565)
Net Proceeds	$ 297,435
Interest rate (percent)	2.25%
2032 Notes
Line of Credit Facility [Line Items]
Principal Amount	$ 500,000
Issuance Costs and Discounts	(5,220)
Net Proceeds	$ 494,780
Interest rate (percent)	2.85%

Debt - Additional Information (

Debt - Additional Information (Details) $ in Thousands	Jan. 21, 2022USD ($)bank
Ball Metalpack | LIBOR
Line of Credit Facility [Line Items]
Basis points (percent)	1.225%
Eight Banks Syndicate | Ball Metalpack
Line of Credit Facility [Line Items]
Number of banks syndicated | bank	8
Unsecured Debt
Line of Credit Facility [Line Items]
Net Proceeds	$ 1,189,859
Debt principal	1,200,000
Unsecured Debt | 2027 Notes
Line of Credit Facility [Line Items]
Net Proceeds	297,435
Debt principal	$ 300,000
Debt term	3 years
Amounts drawn	$ 300,000

Financial Instruments and Der_3

Financial Instruments and Derivatives - Carrying Amount and Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Apr. 03, 2022	Dec. 31, 2021
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, net of current portion, fair value	$ 2,730,146	$ 1,199,106
Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, net of current portion, fair value	$ 2,766,118	$ 1,434,711

Financial Instruments and Der_4

Financial Instruments and Derivatives - Additional Information (Details) $ in Thousands, MMBTU in Millions	Jan. 11, 2022USD ($)	Apr. 03, 2022USD ($)MMBTUT	Jan. 21, 2022USD ($)bank	Dec. 31, 2021USD ($)	May 25, 2021
Derivative [Line Items]
Derivative instrument, number of counter-parties | bank			2
Gain on the settlement recognized	$ 5,201
Total fair value of other derivatives not designated as hedging instruments		$ 6,717		$ 92
Unsecured Debt
Derivative [Line Items]
Debt principal			$ 1,200,000
Debt			$ 150,000
1.800% notes due February 2025
Derivative [Line Items]
Interest rate (percent)		1.80%			1.80%
Debt		$ 397,787		0
5.750% notes due November 2040
Derivative [Line Items]
Interest rate (percent)		5.75%
Debt		$ 536,190		536,182
2032 Notes | Unsecured Debt
Derivative [Line Items]
Interest rate (percent)			2.85%
Debt principal			$ 500,000
Cash Flow Hedging | Derivatives Designated as Hedging Instruments
Derivative [Line Items]
Fair value of commodity cash flow hedges, gain (loss)		3,865		1,491
Commodity gain (loss) expected to be reclassified to the income statement during the next 12 months		3,865
Fair value of foreign currency cash flow hedges, gain (loss)		1,421		336
Foreign currency gain (loss) expected to be reclassified to the income statement during the next 12 months		$ 1,421
Natural Gas Swaps | Derivatives Designated as Hedging Instruments
Derivative [Line Items]
Approximate amount of commodity covered by swap contracts outstanding (in MMBTUs) | MMBTU		2.6
Anticipated usage percentage covered by a swap contract for the next fiscal year (percent)		46.00%
Natural Gas Swaps | Cash Flow Hedging | Derivatives Designated as Hedging Instruments
Derivative [Line Items]
Approximate amount of commodity covered by swap contracts outstanding (in MMBTUs) | MMBTU		1.3
Anticipated usage percentage covered by a swap contract for the current fiscal year (percent)		23.00%
Aluminum Swaps | Cash Flow Hedging | Derivatives Designated as Hedging Instruments
Derivative [Line Items]
Anticipated usage percentage covered by a swap contract for the current fiscal year (percent)		5.00%
Approximate amount of commodity covered by swap contracts outstanding (in tons) | T		252
Forward contracts | Cash Flow Hedging | Derivatives Designated as Hedging Instruments
Derivative [Line Items]
Fair value of foreign currency cash flow hedges, gain (loss)		$ (333)		(457)
Foreign currency gain (loss) expected to be reclassified to the income statement during the next 12 months		(264)
Foreign currency gain (loss) reclassified to the income statement		$ (432)
Interest rate lock contract
Derivative [Line Items]
Derivatives				$ (550)

Financial Instruments and Der_5

Financial Instruments and Derivatives - Net Positions of Foreign Contracts (Details) - Apr. 03, 2022 - Cash Flow Hedging - Derivatives Designated as Hedging Instruments ₽ in Thousands, ₺ in Thousands, € in Thousands, £ in Thousands, zł in Thousands, R$ in Thousands, Kč in Thousands, $ in Thousands, $ in Thousands, $ in Thousands	COP ($)	MXN ($)	PLN (zł)	CZK (Kč)	TRY (₺)	CAD ($)	EUR (€)	GBP (£)	BRL (R$)	RUB (₽)
Purchase
Derivative [Line Items]
Net purchase/(sell) position of derivatives	$ 20,628,988	$ 362,683	zł 66,273	Kč 49,946	₺ 12,957	$ 12,513	€ 11,543	£ 2,144
sell
Derivative [Line Items]
Net purchase/(sell) position of derivatives									R$ 22941	₽ 67,719

Financial Instruments and Der_6

Financial Instruments and Derivatives - Net Positions of Other Derivatives Contract (Details) - Apr. 03, 2022 ₺ in Thousands, ฿ in Thousands, Rp in Thousands, $ in Thousands, $ in Thousands, $ in Thousands	COP ($)	MXN ($)	TRY (₺)	CAD ($)	IDR (Rp)	THB (฿)
Derivatives Not Designated as Hedging Instruments | Purchase
Derivative [Line Items]
Net purchase/(sell) position of derivatives	$ 31,293,571	$ 394,099	₺ 41,644	$ 6,258	Rp 28,410,441	฿ 12,571

Financial Instruments and Der_7

Financial Instruments and Derivatives - Location and Fair Values of Derivative Instruments (Details) - USD ($) $ in Thousands	Apr. 03, 2022	Dec. 31, 2021
Derivatives Designated as Hedging Instruments | Commodity contracts | Prepaid expenses
Derivatives, Fair Value [Line Items]
Derivative asset	$ 3,865	$ 1,599
Derivatives Designated as Hedging Instruments | Commodity contracts | Accrued expenses and other
Derivatives, Fair Value [Line Items]
Derivative liability	0	(108)
Derivatives Designated as Hedging Instruments | Foreign exchange contracts | Prepaid expenses
Derivatives, Fair Value [Line Items]
Derivative asset	1,913	848
Derivatives Designated as Hedging Instruments | Foreign exchange contracts | Accrued expenses and other
Derivatives, Fair Value [Line Items]
Derivative liability	(756)	(969)
Derivatives Designated as Hedging Instruments | Foreign exchange contracts | Other liabilities
Derivatives, Fair Value [Line Items]
Derivative liability	(69)	0
Derivatives Not Designated as Hedging Instruments | Commodity contracts | Prepaid expenses
Derivatives, Fair Value [Line Items]
Derivative asset	6,729	1,815
Derivatives Not Designated as Hedging Instruments | Commodity contracts | Accrued expenses and other
Derivatives, Fair Value [Line Items]
Derivative liability	0	(1,132)
Derivatives Not Designated as Hedging Instruments | Foreign exchange contracts | Prepaid expenses
Derivatives, Fair Value [Line Items]
Derivative asset	85	135
Derivatives Not Designated as Hedging Instruments | Foreign exchange contracts | Accrued expenses and other
Derivatives, Fair Value [Line Items]
Derivative liability	(97)	(176)
Derivatives Not Designated as Hedging Instruments | Interest rate lock contract | Accrued expenses and other
Derivatives, Fair Value [Line Items]
Derivative liability	$ 0	$ (550)

Financial Instruments and Der_8

Financial Instruments and Derivatives - Effect of Derivative Instruments on Financial Performance (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in OCI on Derivatives	$ 955	$ (188)
Foreign exchange contracts | Net sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI Into Income	566	340
Foreign exchange contracts | Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI Into Income	(695)	(228)
Foreign exchange contracts | Selling, general and administrative | Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative	1,343	(625)
Commodity contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in OCI on Derivatives	6,224	1,754
Commodity contracts | Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI Into Income	3,850	(71)
Commodity contracts | Cost of sales | Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative	$ 6,992	$ 378

Financial Instruments and Der_9

Financial Instruments and Derivatives - Reclassification of Gains and Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Revenue	$ 1,770,982	$ 1,353,304
Cost of sales	(1,399,417)	(1,075,403)
Reclassification out of Accumulated Other Comprehensive loss into net (loss)/income
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Revenue	566	340
Cost of sales	3,155	(299)
Reclassification out of Accumulated Other Comprehensive loss into net (loss)/income | Cash Flow Hedges | Foreign exchange contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Revenue	566	340
Cost of sales	(695)	(228)
Reclassification out of Accumulated Other Comprehensive loss into net (loss)/income | Cash Flow Hedges | Commodity contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Revenue	0	0
Cost of sales	$ 3,850	$ (71)

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)	Apr. 03, 2022	Dec. 31, 2021
Interest rate lock contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives		$ (550,000)
Recurring basis | Derivatives Designated as Hedging Instruments | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	$ 3,865,000	1,491,000
Recurring basis | Derivatives Designated as Hedging Instruments | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	1,088,000	(121,000)
Recurring basis | Derivatives Not Designated as Hedging Instruments | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	6,729,000	683,000
Recurring basis | Derivatives Not Designated as Hedging Instruments | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	(12,000)	(41,000)
Recurring basis | Derivatives Not Designated as Hedging Instruments | Interest rate lock contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives		(550,000)
Assets measured at NAV | Recurring basis | Derivatives Designated as Hedging Instruments | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	0	0
Assets measured at NAV | Recurring basis | Derivatives Designated as Hedging Instruments | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	0	0
Assets measured at NAV | Recurring basis | Derivatives Not Designated as Hedging Instruments | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	0	0
Assets measured at NAV | Recurring basis | Derivatives Not Designated as Hedging Instruments | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	0	0
Assets measured at NAV | Recurring basis | Derivatives Not Designated as Hedging Instruments | Interest rate lock contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives		0
Level 1 | Recurring basis | Derivatives Designated as Hedging Instruments | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	0	0
Level 1 | Recurring basis | Derivatives Designated as Hedging Instruments | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	0	0
Level 1 | Recurring basis | Derivatives Not Designated as Hedging Instruments | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	0	0
Level 1 | Recurring basis | Derivatives Not Designated as Hedging Instruments | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	0	0
Level 1 | Recurring basis | Derivatives Not Designated as Hedging Instruments | Interest rate lock contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives		0
Level 2 | Recurring basis | Derivatives Designated as Hedging Instruments | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	3,865,000	1,491,000
Level 2 | Recurring basis | Derivatives Designated as Hedging Instruments | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	1,088,000	(121,000)
Level 2 | Recurring basis | Derivatives Not Designated as Hedging Instruments | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	6,729,000	683,000
Level 2 | Recurring basis | Derivatives Not Designated as Hedging Instruments | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	(12,000)	(41,000)
Level 2 | Recurring basis | Derivatives Not Designated as Hedging Instruments | Interest rate lock contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives		(550,000)
Level 3 | Recurring basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	0
Level 3 | Recurring basis | Derivatives Designated as Hedging Instruments | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	0	0
Level 3 | Recurring basis | Derivatives Designated as Hedging Instruments | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	0	0
Level 3 | Recurring basis | Derivatives Not Designated as Hedging Instruments | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	0	0
Level 3 | Recurring basis | Derivatives Not Designated as Hedging Instruments | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives	$ 0	0
Level 3 | Recurring basis | Derivatives Not Designated as Hedging Instruments | Interest rate lock contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives		$ 0

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Details) - USD ($)	Sep. 30, 2021	Oct. 31, 2021	Apr. 03, 2022	Apr. 04, 2021
Defined Benefit Plan Disclosure [Line Items]
Contributions			$ 6,147,000	$ 3,673,000
Expected contributions for remainder of fiscal year			$ 10,000,000
Sonoco Savings Plan
Defined Benefit Plan Disclosure [Line Items]
Contribution percentage minimum (percent)			1.00%
Contribution percentage maximum (percent)			100.00%
Defined contribution plan, employer matching contribution (percent)	50.00%	100.00%
Employer matching contribution, percent of employees' gross pay (percent)	4.00%	6.00%
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Settlement losses recognized			$ 356,000	0
Pension Plan | Sonoco Retirement Contribution
Defined Benefit Plan Disclosure [Line Items]
Contributions			21,948,000	22,665,000
Expected contributions for remainder of fiscal year			$ 0
Recognized expense related to the plan				$ 6,335,000
Pension Plan | Sonoco Retirement Contribution | United States
Defined Benefit Plan Disclosure [Line Items]
Employer matching contribution, percent of employees' gross pay (percent)			4.00%
Employer matching contribution, percent of employees' gross pay in excess of social security (percent)			4.00%
Pension Plan | Sonoco Pension Plan for Inactive Participants
Defined Benefit Plan Disclosure [Line Items]
Settlement losses recognized			$ 356,000

Employee Benefit Plans - Compon

Employee Benefit Plans - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
Retirement Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 826	$ 961
Interest cost	2,710	10,107
Expected return on plan assets	(2,865)	(9,661)
Amortization of prior service cost	221	226
Amortization of net actuarial loss	1,135	6,871
Effect of settlement loss	356	0
Net periodic benefit cost	2,383	8,504
Retiree Health and Life Insurance Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	82	94
Interest cost	64	50
Expected return on plan assets	(112)	(113)
Amortization of net actuarial loss	(185)	(196)
Net periodic benefit cost	$ (151)	$ (165)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Apr. 03, 2022	Apr. 04, 2021	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Effective tax rate	23.70%	25.20%
Increase of uncertain tax benefits			$ 724
Possible decrease in reserve for unrecognized tax benefits	$ 160

Leases - Additional Information

Leases - Additional Information (Details) $ in Thousands	3 Months Ended
	Apr. 03, 2022USD ($)option	Jan. 26, 2022USD ($)	Dec. 31, 2021USD ($)
Lessee, Lease, Description [Line Items]
Number of renewal options | option	1
Lease term	10 years
Finance lease obligations	$ 110,077		$ 60,282
Ball Metalpack
Lessee, Lease, Description [Line Items]
Lease liabilities		$ 33,910
Weighted average remaining lease term (years) - operating leases		11 years
Weighted average discount rate - operating leases (percent)		2.80%
Finance lease obligations		$ 46,687
Weighted average remaining lease term (years) - finance leases		3 years 9 months 18 days
Weighted average discount rate - finance leases (percent)		7.50%
Minimum
Lessee, Lease, Description [Line Items]
Lease renewal terms	1 year
Maximum
Lessee, Lease, Description [Line Items]
Lease renewal terms	50 years

Leases - Balance Sheet Location

Leases - Balance Sheet Location and Values of Lease Assets and Lease Liabilities (Details) - USD ($) $ in Thousands		Apr. 03, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease assets	[1]	$ 315,604	$ 268,390
Finance lease assets		111,681	55,826
Total lease assets		427,285	324,216
Current operating lease liabilities		50,215	45,305
Current finance lease liabilities		14,777	6,952
Total current lease liabilities		64,992	52,257
Noncurrent operating lease liabilities	[1]	272,157	234,167
Noncurrent finance lease liabilities		95,300	53,330
Total noncurrent lease liabilities		367,457	287,497
Total lease liabilities		$ 432,449	$ 339,754
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]		Other Assets
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]		Accrued expenses and other
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]		Notes payable and current portion of long-term debt
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]		Long-term Debt, Excluding Current Maturities
[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.

Leases - Components of Company'

Leases - Components of Company's Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
Leases [Abstract]
Operating lease cost	$ 12,797	$ 13,195
Amortization of lease asset	2,711	1,324
Interest on lease liabilities	966	293
Variable lease cost	7,355	6,085
Total lease cost	$ 23,829	$ 20,897

Leases - Other Lease Related In

Leases - Other Lease Related Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used by operating leases	$ 13,152	$ 13,934
Operating cash flows used by finance leases	966	293
Financing cash flows used by finance leases	2,643	1,024
Leased assets obtained in exchange for new operating lease liabilities	19,520	4,281
Leased assets obtained in exchange for new finance lease liabilities	5,910	5,406
Modification to leased assets for increase in operating lease liabilities	1,484	3,496
Modification to leased assets for increase in finance lease liabilities	290	3,779
Termination reclasses to decrease operating lease assets	(1,913)	(235)
Termination reclasses to decrease operating lease liabilities	(1,828)	(249)
Termination reclasses to decrease finance lease assets	0	(22)
Termination reclasses to decrease finance lease liabilities	$ 0	$ (23)

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Details)	3 Months Ended
	Apr. 03, 2022
Revenue from Contract with Customer [Abstract]
Payment terms	120 days

Revenue Recognition - Receivabl

Revenue Recognition - Receivables, Contract Assets and Liabilities from Contracts with Customer (Details) - USD ($) $ in Thousands	Apr. 03, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Contract Assets	$ 67,185	$ 51,106	$ 48,390
Contract Liabilities	$ (28,489)	$ (18,993)	$ (16,687)

Revenue Recognition - Significa

Revenue Recognition - Significant Changes in the Contract Assets and Liabilities Balances (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Apr. 03, 2022	Dec. 31, 2021
Contract Asset
Beginning Balance	$ 51,106	$ 48,390
Increases due to rights to consideration for customer specific goods produced, but not billed during the period	59,259	51,106
Transferred to receivables from contract assets recognized at the beginning of the period	(51,106)	(48,390)
Acquired as part of a business combination	7,926
Ending Balance	67,185	51,106
Contract Liability
Beginning Balance	(18,993)	(16,687)
Revenue deferred or rebates accrued	(23,377)	(36,527)
Recognized as revenue	9,098	7,238
Rebates paid to customers	10,200	26,983
Acquired as part of a business combination	(5,417)
Ending Balance	$ (28,489)	$ (18,993)

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
Disaggregation of Revenue [Line Items]
Revenue	$ 1,770,982	$ 1,353,304
United States
Disaggregation of Revenue [Line Items]
Revenue	1,237,774	897,750
Europe
Disaggregation of Revenue [Line Items]
Revenue	261,122	233,273
Canada
Disaggregation of Revenue [Line Items]
Revenue	58,378	47,189
Asia
Disaggregation of Revenue [Line Items]
Revenue	99,545	94,766
Other
Disaggregation of Revenue [Line Items]
Revenue	114,163	80,326
Consumer Packaging
Disaggregation of Revenue [Line Items]
Revenue	868,098	582,753
Consumer Packaging | United States
Disaggregation of Revenue [Line Items]
Revenue	654,414	397,797
Consumer Packaging | Europe
Disaggregation of Revenue [Line Items]
Revenue	120,170	115,180
Consumer Packaging | Canada
Disaggregation of Revenue [Line Items]
Revenue	31,208	26,143
Consumer Packaging | Asia
Disaggregation of Revenue [Line Items]
Revenue	25,634	21,153
Consumer Packaging | Other
Disaggregation of Revenue [Line Items]
Revenue	36,672	22,480
Industrial Paper Packaging
Disaggregation of Revenue [Line Items]
Revenue	699,129	565,397
Industrial Paper Packaging | United States
Disaggregation of Revenue [Line Items]
Revenue	417,286	325,222
Industrial Paper Packaging | Europe
Disaggregation of Revenue [Line Items]
Revenue	116,827	96,684
Industrial Paper Packaging | Canada
Disaggregation of Revenue [Line Items]
Revenue	27,170	21,046
Industrial Paper Packaging | Asia
Disaggregation of Revenue [Line Items]
Revenue	73,619	73,372
Industrial Paper Packaging | Other
Disaggregation of Revenue [Line Items]
Revenue	64,227	49,073
All Other
Disaggregation of Revenue [Line Items]
Revenue	203,755	205,154
All Other | United States
Disaggregation of Revenue [Line Items]
Revenue	166,074	174,731
All Other | Europe
Disaggregation of Revenue [Line Items]
Revenue	24,125	21,409
All Other | Canada
Disaggregation of Revenue [Line Items]
Revenue	0	0
All Other | Asia
Disaggregation of Revenue [Line Items]
Revenue	292	241
All Other | Other
Disaggregation of Revenue [Line Items]
Revenue	$ 13,264	$ 8,773

Segment Reporting - Additional

Segment Reporting - Additional Information (Details) $ in Thousands		3 Months Ended
		Apr. 03, 2022USD ($)segment	Dec. 31, 2021USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments (segment) | segment		2
Total assets	[1]	$ 6,955,988	$ 5,073,235
Consumer Packaging | Ball Metalpack
Segment Reporting Information [Line Items]
Total assets		$ 1,666,345
[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.

Segment Reporting - Segment Fin

Segment Reporting - Segment Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
Segment Reporting Information [Line Items]
Net sales	$ 1,770,982	$ 1,353,304
Operating profit	169,061	120,309
Restructuring/Asset impairment charges	(12,142)	(6,846)
Amortization of acquisition intangibles	(18,800)	(12,749)
Other non-base income/(charges), net	(60,790)	(12,512)
Consumer Packaging
Segment Reporting Information [Line Items]
Net sales	868,098	582,753
Industrial Paper Packaging
Segment Reporting Information [Line Items]
Net sales	699,129	565,397
All Other
Segment Reporting Information [Line Items]
Net sales	203,755	205,154
Operating Segments | Consumer Packaging
Segment Reporting Information [Line Items]
Net sales	868,098	582,753
Operating profit	173,609	81,360
Operating Segments | Industrial Paper Packaging
Segment Reporting Information [Line Items]
Net sales	699,129	565,397
Operating profit	72,660	52,299
Operating Segments | All Other
Segment Reporting Information [Line Items]
Net sales	203,755	205,154
Operating profit	14,524	18,757
Intersegment Sales
Segment Reporting Information [Line Items]
Net sales	37,750	31,574
Intersegment Sales | Consumer Packaging
Segment Reporting Information [Line Items]
Net sales	1,411	1,653
Intersegment Sales | Industrial Paper Packaging
Segment Reporting Information [Line Items]
Net sales	33,638	26,896
Intersegment Sales | All Other
Segment Reporting Information [Line Items]
Net sales	$ 2,701	$ 3,025

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2022	Dec. 31, 2021
Site Contingency [Line Items]
Environmental accrual	$ 7,263	$ 7,380
Tegrant Holding Corporation
Site Contingency [Line Items]
Payment towards remediation of sites	1,876
Spartanburg, South Carolina Site | Tegrant Holding Corporation
Site Contingency [Line Items]
Environmental accrual	5,524	5,555
Multiple Sites
Site Contingency [Line Items]
Environmental accrual	$ 1,739	$ 1,825