$GPK
GRAPHIC PACKAGING HOLDING CO

2021 Q2 Form 10-Q Financial Statement

#000140807521000036 Filed on July 27, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $1.737B $1.611B
YoY Change 7.82% 3.75%
Cost Of Revenue $1.482B $1.349B
YoY Change 9.86% 6.64%
Gross Profit $255.0M $262.1M
YoY Change -2.71% -8.93%
Gross Profit Margin 14.68% 16.27%
Selling, General & Admin $125.0M $132.0M
YoY Change -5.3% 0.15%
% of Gross Profit 49.02% 50.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $117.0M $122.0M
YoY Change -4.1% 10.71%
% of Gross Profit 45.88% 46.55%
Operating Expenses $125.0M $132.0M
YoY Change -5.3% 0.15%
Operating Profit $95.00M $115.0M
YoY Change -17.39% -20.36%
Interest Expense $29.00M $30.00M
YoY Change -3.33% -15.49%
% of Operating Profit 30.53% 26.09%
Other Income/Expense, Net $1.000M $600.0K
YoY Change 66.67%
Pretax Income $67.00M $85.00M
YoY Change -21.18% -21.95%
Income Tax $26.00M $18.00M
% Of Pretax Income 38.81% 21.18%
Net Earnings $38.00M $52.00M
YoY Change -26.92% -18.5%
Net Earnings / Revenue 2.19% 3.23%
Basic Earnings Per Share $0.13 $0.19
Diluted Earnings Per Share $0.13 $0.19
COMMON SHARES
Basic Shares Outstanding 295.1M shares 279.9M shares
Diluted Shares Outstanding 295.8M shares 280.5M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $89.00M $83.60M
YoY Change 6.46% 29.21%
Cash & Equivalents $89.00M $83.60M
Short-Term Investments
Other Short-Term Assets $90.00M $76.50M
YoY Change 17.65% 34.92%
Inventory $1.105B $1.198B
Prepaid Expenses
Receivables $593.0M $692.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.877B $2.050B
YoY Change -8.44% 10.17%
LONG-TERM ASSETS
Property, Plant & Equipment $3.753B $3.379B
YoY Change 11.06% 5.63%
Goodwill $1.478B $1.466B
YoY Change 0.83% -0.08%
Intangibles $409.0M $460.9M
YoY Change -11.26% -5.05%
Long-Term Investments
YoY Change
Other Assets $325.0M $310.3M
YoY Change 4.74% 13.87%
Total Long-Term Assets $5.965B $5.616B
YoY Change 6.21% 3.54%
TOTAL ASSETS
Total Short-Term Assets $1.877B $2.050B
Total Long-Term Assets $5.965B $5.616B
Total Assets $7.842B $7.666B
YoY Change 2.29% 5.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $837.0M $681.8M
YoY Change 22.76% 5.75%
Accrued Expenses $600.0M $447.8M
YoY Change 33.99% 16.49%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $20.00M $483.2M
YoY Change -95.86% 720.37%
Total Short-Term Liabilities $1.457B $1.613B
YoY Change -9.66% 47.42%
LONG-TERM LIABILITIES
Long-Term Debt $3.742B $3.029B
YoY Change 23.55% 1.04%
Other Long-Term Liabilities $309.0M $292.7M
YoY Change 5.57% 8.57%
Total Long-Term Liabilities $4.051B $3.322B
YoY Change 21.96% 1.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.457B $1.613B
Total Long-Term Liabilities $4.051B $3.322B
Total Liabilities $5.508B $4.934B
YoY Change 11.63% 13.14%
SHAREHOLDERS EQUITY
Retained Earnings $1.000M -$37.10M
YoY Change -102.7% -183.0%
Common Stock $2.030B $1.841B
YoY Change 10.28% -3.94%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.814B $1.521B
YoY Change
Total Liabilities & Shareholders Equity $7.842B $7.666B
YoY Change 2.29% 5.23%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $38.00M $52.00M
YoY Change -26.92% -18.5%
Depreciation, Depletion And Amortization $117.0M $122.0M
YoY Change -4.1% 10.71%
Cash From Operating Activities $252.0M $223.1M
YoY Change 12.95% -3.79%
INVESTING ACTIVITIES
Capital Expenditures -$200.0M -$153.5M
YoY Change 30.29% 96.04%
Acquisitions
YoY Change
Other Investing Activities $31.00M -$59.40M
YoY Change -152.19% -336.65%
Cash From Investing Activities -$169.0M -$212.9M
YoY Change -20.62% 300.19%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -110.0M -38.10M
YoY Change 188.71% -78.46%
NET CHANGE
Cash From Operating Activities 252.0M 223.1M
Cash From Investing Activities -169.0M -212.9M
Cash From Financing Activities -110.0M -38.10M
Net Change In Cash -27.00M -27.90M
YoY Change -3.23% -1650.0%
FREE CASH FLOW
Cash From Operating Activities $252.0M $223.1M
Capital Expenditures -$200.0M -$153.5M
Free Cash Flow $452.0M $376.6M
YoY Change 20.02% 21.41%

Facts In Submission

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Graphic Packaging Holding Co
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IncreaseDecreaseInDeferredTaxLiability
-58000000 USD
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IncreaseDecreaseInDeferredTaxLiability
-109000000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain reclassifications have been made to prior year amounts to conform to current year presentation.
us-gaap Use Of Estimates
UseOfEstimates
In addition, the preparation of the Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Condensed Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. Actual amounts could differ from those estimates and changes in these estimates are recorded when known.
gpk Revenue Recognition Number Of Revenue Generating Activities
RevenueRecognitionNumberOfRevenueGeneratingActivities
2 revenueGeneratingActivity
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1731000000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1605000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3375000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3200000000 USD
CY2021Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
17000000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
15000000 USD
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
55000000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
56000000 USD
gpk Transfer Of Financial Assets Accounted For As Sales Amount Sold
TransferOfFinancialAssetsAccountedForAsSalesAmountSold
249000000 USD
CY2021Q2 us-gaap Transfer Of Financial Assets Accounted For As Sales Amount Derecognized
TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized
1531000000 USD
CY2020Q2 us-gaap Transfer Of Financial Assets Accounted For As Sales Amount Derecognized
TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized
1357000000 USD
CY2021Q2 gpk Transfer Of Financial Assets Accounted For As Sales Amount Collected By Financial Institution
TransferOfFinancialAssetsAccountedForAsSalesAmountCollectedByFinancialInstitution
1421000000 USD
CY2020Q2 gpk Transfer Of Financial Assets Accounted For As Sales Amount Collected By Financial Institution
TransferOfFinancialAssetsAccountedForAsSalesAmountCollectedByFinancialInstitution
1318000000 USD
CY2021Q2 gpk Transfer Of Financial Assets Accounted For As Sales Amount Funded By Paid To Financial Institution
TransferOfFinancialAssetsAccountedForAsSalesAmountFundedByPaidToFinancialInstitution
100000000 USD
CY2020Q2 gpk Transfer Of Financial Assets Accounted For As Sales Amount Funded By Paid To Financial Institution
TransferOfFinancialAssetsAccountedForAsSalesAmountFundedByPaidToFinancialInstitution
31000000 USD
CY2021Q2 gpk Transfer Of Financial Assets Accounted For As Sales Receivable
TransferOfFinancialAssetsAccountedForAsSalesReceivable
11000000 USD
CY2020Q2 gpk Transfer Of Financial Assets Accounted For As Sales Receivable
TransferOfFinancialAssetsAccountedForAsSalesReceivable
10000000 USD
CY2021Q2 gpk Transfer Of Financial Assets Accounted For As Sales Pledged Receivable
TransferOfFinancialAssetsAccountedForAsSalesPledgedReceivable
158000000 USD
CY2020Q2 gpk Transfer Of Financial Assets Accounted For As Sales Pledged Receivable
TransferOfFinancialAssetsAccountedForAsSalesPledgedReceivable
261000000 USD
gpk Transfer Of Financial Assets Accounted For As Sales Amount Sold
TransferOfFinancialAssetsAccountedForAsSalesAmountSold
151000000 USD
CY2021Q2 gpk Factoring Arrangement Amount Transferred Subject To Continuing Involvement
FactoringArrangementAmountTransferredSubjectToContinuingInvolvement
727000000 USD
CY2020Q4 gpk Factoring Arrangement Amount Transferred Subject To Continuing Involvement
FactoringArrangementAmountTransferredSubjectToContinuingInvolvement
621000000 USD
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.075
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.075
CY2021Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
23000000 USD
CY2020Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
-6000000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
23000000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
-4000000 USD
CY2021Q2 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
7000000 USD
CY2020Q2 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
22000000 USD
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
15000000 USD
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
26000000 USD
CY2021Q2 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
4000000 USD
CY2020Q2 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
4000000 USD
us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
8000000 USD
us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
17000000 USD
CY2021Q2 gpk Business Combinations And Shutdown And Other Special Charges Net
BusinessCombinationsAndShutdownAndOtherSpecialChargesNet
34000000 USD
CY2020Q2 gpk Business Combinations And Shutdown And Other Special Charges Net
BusinessCombinationsAndShutdownAndOtherSpecialChargesNet
20000000 USD
gpk Business Combinations And Shutdown And Other Special Charges Net
BusinessCombinationsAndShutdownAndOtherSpecialChargesNet
46000000 USD
gpk Business Combinations And Shutdown And Other Special Charges Net
BusinessCombinationsAndShutdownAndOtherSpecialChargesNet
39000000 USD
CY2019 gpk Restructuring And Related Costs Term Of Program
RestructuringAndRelatedCostsTermOfProgram
P3Y
CY2021Q2 us-gaap Derivative Cost Of Hedge
DerivativeCostOfHedge
700000000 USD
CY2021Q2 gpk Multiemployer Plan Withdrawal Obligation Increase Decrease
MultiemployerPlanWithdrawalObligationIncreaseDecrease
12000000 USD
CY2021Q2 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
182000000 USD
CY2020Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
175000000 USD
CY2021Q2 us-gaap Inventory Net
InventoryNet
1105000000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
1128000000 USD
CY2021Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
427000000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
471000000 USD
CY2021Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
141000000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
133000000 USD
CY2021Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
355000000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
349000000 USD
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
137000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
139000000 USD
CY2021Q2 us-gaap Other Long Term Debt
OtherLongTermDebt
4000000 USD
CY2020Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
5000000 USD
CY2021Q2 gpk Long Term Debt Gross And Finance Lease Liability Including Current Maturities
LongTermDebtGrossAndFinanceLeaseLiabilityIncludingCurrentMaturities
3786000000 USD
CY2020Q4 gpk Long Term Debt Gross And Finance Lease Liability Including Current Maturities
LongTermDebtGrossAndFinanceLeaseLiabilityIncludingCurrentMaturities
3663000000 USD
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
18000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
494000000 USD
CY2021Q2 gpk Long Term Debt Gross And Finance Lease Liability
LongTermDebtGrossAndFinanceLeaseLiability
3768000000 USD
CY2020Q4 gpk Long Term Debt Gross And Finance Lease Liability
LongTermDebtGrossAndFinanceLeaseLiability
3169000000 USD
CY2021Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
26000000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
22000000 USD
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3742000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3147000000 USD
CY2021Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
2092000000 USD
CY2021Q2 us-gaap Line Of Credit
LineOfCredit
226000000 USD
CY2021Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1843000000 USD
CY2021Q2 gpk Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfPlans
1 compensationPlan
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
1200000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
800000 shares
CY2020Q1 us-gaap Defined Benefit Plan Settlements Plan Assets
DefinedBenefitPlanSettlementsPlanAssets
713000000 USD
CY2020Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
153000000 USD
CY2020 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
19000000 USD
CY2021Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3692000000 USD
CY2020Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3625000000 USD
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
3649000000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
3524000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
147000000 USD
CY2020Q2 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
4000000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
13000000 USD
gpk Effective Income Tax Reconciliation Discrete Tax Expense Income Attributable To Noncontrolling Interest And Earnings Variations On Foreign And Domestic Tax Jurisdictions Amount
EffectiveIncomeTaxReconciliationDiscreteTaxExpenseIncomeAttributableToNoncontrollingInterestAndEarningsVariationsOnForeignAndDomesticTaxJurisdictionsAmount
8000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
4000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
7000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-6000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-1000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-3000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-3000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-7000000 USD
CY2021Q2 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
16000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44000000 USD
gpk Restructuring And Related Activities Number Of Mills Expected To Close
RestructuringAndRelatedActivitiesNumberOfMillsExpectedToClose
2 mill
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
3000000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-2000000 USD
us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
1000000 USD
gpk Effective Income Tax Rate Reconciliation Remeasurement Of Deferred Tax Assets For Executive Compensation Amount
EffectiveIncomeTaxRateReconciliationRemeasurementOfDeferredTaxAssetsForExecutiveCompensationAmount
5000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
60000000 USD
CY2021Q1 gpk Increase Decrease In Deferred Tax Liability
IncreaseDecreaseInDeferredTaxLiability
-58000000 USD
CY2021Q2 gpk Increase Decrease In Deferred Tax Liability
IncreaseDecreaseInDeferredTaxLiability
-109000000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
8 paperboard_mill
CY2021Q2 us-gaap Revenues
Revenues
1737000000 USD
CY2020Q2 us-gaap Revenues
Revenues
1611000000 USD
us-gaap Revenues
Revenues
3386000000 USD
us-gaap Revenues
Revenues
3210000000 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
95000000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
115000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
203000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
275000000 USD
CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
117000000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
122000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
234000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
236000000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
38000000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
52000000 USD
us-gaap Net Income Loss
NetIncomeLoss
92000000 USD
us-gaap Net Income Loss
NetIncomeLoss
39000000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
295100000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
279900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
285500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
284400000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
700000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
600000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000000.0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
800000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
295800000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
280500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
286500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
285200000 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
CY2021Q2 us-gaap Restructuring Reserve
RestructuringReserve
13000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
24000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-3000000 USD
gpk Other Comprehensive Income Loss Net Of Tax Including Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxIncludingRedeemableNoncontrollingInterest
27000000 USD
CY2021Q2 us-gaap Restructuring Charges
RestructuringCharges
9000000 USD
CY2020Q2 us-gaap Restructuring Charges
RestructuringCharges
15000000 USD
us-gaap Restructuring Charges
RestructuringCharges
18000000 USD
us-gaap Restructuring Charges
RestructuringCharges
33000000 USD
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
12000000 USD
us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
8000000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
6000000 USD
us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-1000000 USD
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-3000000 USD
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
151000000 USD

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