$GPK
GRAPHIC PACKAGING HOLDING CO

2022 Q1 Form 10-Q Financial Statement

#000140807522000017 Filed on April 26, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $2.245B $1.649B
YoY Change 36.14% 3.13%
Cost Of Revenue $1.858B $1.400B
YoY Change 32.71% 9.55%
Gross Profit $387.0M $249.0M
YoY Change 55.42% -22.38%
Gross Profit Margin 17.24% 15.1%
Selling, General & Admin $181.0M $126.0M
YoY Change 43.65% -7.35%
% of Gross Profit 46.77% 50.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $139.0M $117.0M
YoY Change 18.8% 2.63%
% of Gross Profit 35.92% 46.99%
Operating Expenses $181.0M $126.0M
YoY Change 43.65% -7.35%
Operating Profit $193.0M $108.0M
YoY Change 78.7% -32.5%
Interest Expense $42.00M $30.00M
YoY Change 40.0% -11.76%
% of Operating Profit 21.76% 27.78%
Other Income/Expense, Net $2.000M $2.000M
YoY Change 0.0% 122.22%
Pretax Income $153.0M $80.00M
YoY Change 91.25% -420.0%
Income Tax $46.00M $18.00M
% Of Pretax Income 30.07% 22.5%
Net Earnings $107.0M $54.00M
YoY Change 98.15% -515.38%
Net Earnings / Revenue 4.77% 3.27%
Basic Earnings Per Share $0.35 $0.20
Diluted Earnings Per Share $0.35 $0.19
COMMON SHARES
Basic Shares Outstanding 308.8M shares 275.8M shares
Diluted Shares Outstanding 309.7M shares 277.2M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $111.0M $116.0M
YoY Change -4.31% 5.26%
Cash & Equivalents $111.0M $116.0M
Short-Term Investments
Other Short-Term Assets $97.00M $84.00M
YoY Change 15.48% 39.3%
Inventory $1.504B $1.125B
Prepaid Expenses
Receivables $945.0M $586.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.657B $1.911B
YoY Change 39.04% -1.41%
LONG-TERM ASSETS
Property, Plant & Equipment $4.675B $3.631B
YoY Change 28.75% 10.43%
Goodwill $2.006B $1.478B
YoY Change 35.72% 0.95%
Intangibles $831.0M $423.0M
YoY Change 96.45% -8.14%
Long-Term Investments
YoY Change
Other Assets $374.0M $304.0M
YoY Change 23.03% 2.98%
Total Long-Term Assets $7.886B $5.836B
YoY Change 35.13% 5.96%
TOTAL ASSETS
Total Short-Term Assets $2.657B $1.911B
Total Long-Term Assets $7.886B $5.836B
Total Assets $10.54B $7.747B
YoY Change 36.09% 4.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.028B $781.0M
YoY Change 31.63% 24.82%
Accrued Expenses $632.0M $485.0M
YoY Change 30.31% 34.91%
Deferred Revenue
YoY Change
Short-Term Debt $14.00M $0.00
YoY Change
Long-Term Debt Due $263.0M $52.00M
YoY Change 405.77% 5.91%
Total Short-Term Liabilities $1.946B $1.318B
YoY Change 47.65% 26.25%
LONG-TERM LIABILITIES
Long-Term Debt $5.645B $3.787B
YoY Change 49.06% 10.26%
Other Long-Term Liabilities $271.0M $299.0M
YoY Change -9.36% 7.09%
Total Long-Term Liabilities $5.916B $4.086B
YoY Change 44.79% 10.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.946B $1.318B
Total Long-Term Liabilities $5.916B $4.086B
Total Liabilities $7.862B $5.404B
YoY Change 45.48% 13.58%
SHAREHOLDERS EQUITY
Retained Earnings $150.0M -$15.00M
YoY Change -1100.0% -69.45%
Common Stock $2.038B $1.782B
YoY Change 14.37% -3.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.949B $1.533B
YoY Change
Total Liabilities & Shareholders Equity $10.54B $7.747B
YoY Change 36.09% 4.04%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $107.0M $54.00M
YoY Change 98.15% -515.38%
Depreciation, Depletion And Amortization $139.0M $117.0M
YoY Change 18.8% 2.63%
Cash From Operating Activities $18.00M $53.00M
YoY Change -66.04% -167.09%
INVESTING ACTIVITIES
Capital Expenditures -$223.0M -$146.0M
YoY Change 52.74% -4.64%
Acquisitions $0.00 $0.00
YoY Change -100.0%
Other Investing Activities $1.000M $2.000M
YoY Change -50.0% 100.0%
Cash From Investing Activities -$195.0M -$120.0M
YoY Change 62.5% -31.82%
FINANCING ACTIVITIES
Cash Dividend Paid $23.00M $24.00M
YoY Change -4.17% -11.11%
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $0.00 $1.221B
YoY Change -100.0%
Cash From Financing Activities $119.0M $5.000M
YoY Change 2280.0% -97.71%
NET CHANGE
Cash From Operating Activities $18.00M $53.00M
Cash From Investing Activities -$195.0M -$120.0M
Cash From Financing Activities $119.0M $5.000M
Net Change In Cash -$61.00M -$63.00M
YoY Change -3.17% 46.51%
FREE CASH FLOW
Cash From Operating Activities $18.00M $53.00M
Capital Expenditures -$223.0M -$146.0M
Free Cash Flow $241.0M $199.0M
YoY Change 21.11% 168.56%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001408075
CY2022Q1 dei Amendment Flag
AmendmentFlag
false
CY2022Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2022Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022Q1 dei Document Type
DocumentType
10-Q
CY2022Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2022Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2022Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
26-0405422
CY2022Q1 dei Entity File Number
EntityFileNumber
001-33988
CY2022Q1 dei Entity Registrant Name
EntityRegistrantName
Graphic Packaging Holding Co
CY2022Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
1500 Riveredge Parkway, Suite 100
CY2022Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Atlanta,
CY2022Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
GA
CY2022Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
30328
CY2022Q1 dei City Area Code
CityAreaCode
770
CY2022Q1 dei Local Phone Number
LocalPhoneNumber
240-7200
CY2022Q1 dei Security12b Title
Security12bTitle
Common Stock, $0.01 par value per share
CY2022Q1 dei Trading Symbol
TradingSymbol
GPK
CY2022Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2022Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2022Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2022Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022Q1 dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
308306907 shares
CY2022Q1 us-gaap Revenues
Revenues
2245000000 USD
CY2021Q1 us-gaap Revenues
Revenues
1649000000 USD
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1858000000 USD
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1400000000 USD
CY2022Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
181000000 USD
CY2021Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
126000000 USD
CY2022Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
2000000 USD
CY2021Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-3000000 USD
CY2022Q1 gpk Business Combinations And Shutdown And Other Special Charges Net
BusinessCombinationsAndShutdownAndOtherSpecialChargesNet
15000000 USD
CY2021Q1 gpk Business Combinations And Shutdown And Other Special Charges Net
BusinessCombinationsAndShutdownAndOtherSpecialChargesNet
12000000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
193000000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
108000000 USD
CY2022Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-2000000 USD
CY2021Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-2000000 USD
CY2022Q1 us-gaap Interest Expense
InterestExpense
42000000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
30000000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
153000000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
80000000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
46000000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18000000 USD
CY2022Q1 us-gaap Profit Loss
ProfitLoss
107000000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
62000000 USD
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8000000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
107000000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
54000000 USD
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2022Q1 gpk Net Income Loss Including Portion Attributable To Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToRedeemableNoncontrollingInterest
107000000 USD
CY2022Q1 gpk Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Including Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxIncludingRedeemableNoncontrollingInterest
13000000 USD
CY2022Q1 gpk Other Comprehensive Income Loss Defined Benefit Plan After Reclassification Adjustment After Tax Including Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossDefinedBenefitPlanAfterReclassificationAdjustmentAfterTaxIncludingRedeemableNoncontrollingInterest
9000000 USD
CY2022Q1 gpk Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax Including Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingRedeemableNoncontrollingInterest
-22000000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-18000000 USD
CY2022Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
89000000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
54000000 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
8000000 USD
CY2021Q1 gpk Net Income Loss Including Portion Attributable To Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToRedeemableNoncontrollingInterest
62000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
3000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Noncontrolling Interest
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest
1000000 USD
CY2021Q1 gpk Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Including Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxIncludingRedeemableNoncontrollingInterest
4000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-10000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
0 USD
CY2021Q1 gpk Other Comprehensive Income Loss Defined Benefit Plan After Reclassification Adjustment After Tax Including Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossDefinedBenefitPlanAfterReclassificationAdjustmentAfterTaxIncludingRedeemableNoncontrollingInterest
-10000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-4000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-1000000 USD
CY2021Q1 gpk Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax Including Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingRedeemableNoncontrollingInterest
-5000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
9000000 USD
CY2021Q1 gpk Other Comprehensive Income Loss Net Of Tax Portion Attributable To Nonredeemable Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNonredeemableNoncontrollingInterest
0 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9000000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
63000000 USD
CY2021Q1 gpk Comprehensive Income Loss Net Of Tax Attributable To Nonredeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest
8000000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
71000000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
111000000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
172000000 USD
CY2022Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
945000000 USD
CY2021Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
859000000 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
1504000000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
1387000000 USD
CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
97000000 USD
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
84000000 USD
CY2022Q1 us-gaap Assets Current
AssetsCurrent
2657000000 USD
CY2021Q4 us-gaap Assets Current
AssetsCurrent
2502000000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4675000000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4677000000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
2006000000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
2015000000 USD
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
831000000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
868000000 USD
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
374000000 USD
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
395000000 USD
CY2022Q1 us-gaap Assets
Assets
10543000000 USD
CY2021Q4 us-gaap Assets
Assets
10457000000 USD
CY2022Q1 us-gaap Debt Current
DebtCurrent
286000000 USD
CY2021Q4 us-gaap Debt Current
DebtCurrent
279000000 USD
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
1028000000 USD
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1125000000 USD
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1946000000 USD
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2049000000 USD
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
201000000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
211000000 USD
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
37000000 USD
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
35000000 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
394000000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
399000000 USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5645000000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5515000000 USD
CY2022Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
598000000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
579000000 USD
CY2022Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
132000000 USD
CY2021Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
139000000 USD
CY2022Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
271000000 USD
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
282000000 USD
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
308288288 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
308288288 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
307103551 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
307103551 shares
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1951000000 USD
CY2022Q1 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
3000000 USD
CY2021Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
3000000 USD
CY2022Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2038000000 USD
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2046000000 USD
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
150000000 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
66000000 USD
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-242000000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-224000000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1949000000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1891000000 USD
CY2022Q1 us-gaap Minority Interest
MinorityInterest
2000000 USD
CY2021Q4 us-gaap Minority Interest
MinorityInterest
2000000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1893000000 USD
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10543000000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10457000000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1893000000 USD
CY2022Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
107000000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
13000000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
9000000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-22000000 USD
CY2022Q1 us-gaap Dividends
Dividends
23000000 USD
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
-8000000 USD
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 USD
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1951000000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1840000000 USD
CY2021Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
62000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
4000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-10000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5000000 USD
CY2021Q1 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
146000000 USD
CY2021Q1 us-gaap Dividends
Dividends
21000000 USD
CY2021Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4000000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
-3000000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1737000000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
62000000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
139000000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
117000000 USD
CY2022Q1 us-gaap Profit Loss
ProfitLoss
107000000 USD
CY2022Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
240000000 USD
CY2021Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
145000000 USD
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
17000000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
7000000 USD
CY2022Q1 gpk Postretirement Benefit Period Expense Greater Less Than Funding
PostretirementBenefitPeriodExpenseGreaterLessThanFunding
-5000000 USD
CY2021Q1 gpk Postretirement Benefit Period Expense Greater Less Than Funding
PostretirementBenefitPeriodExpenseGreaterLessThanFunding
-11000000 USD
CY2022Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
CY2021Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-23000000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18000000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
53000000 USD
CY2022Q1 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
221000000 USD
CY2021Q1 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
137000000 USD
CY2022Q1 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
2000000 USD
CY2021Q1 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
9000000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
31000000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
33000000 USD
CY2022Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1000000 USD
CY2021Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2000000 USD
CY2022Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
2000000 USD
CY2021Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
5000000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-195000000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-120000000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1225000000 USD
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2021Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1221000000 USD
CY2022Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
3000000 USD
CY2021Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
9000000 USD
CY2022Q1 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
CY2021Q1 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
150000000 USD
CY2022Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1972000000 USD
CY2021Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
885000000 USD
CY2022Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1812000000 USD
CY2021Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
677000000 USD
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
17000000 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
14000000 USD
CY2022Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2021Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5000000 USD
CY2022Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
23000000 USD
CY2021Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
24000000 USD
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
2000000 USD
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-5000000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
119000000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5000000 USD
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-3000000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1000000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-61000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-63000000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
172000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
179000000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
111000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
116000000 USD
CY2022Q1 us-gaap Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset
ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset
28000000 USD
CY2021Q1 us-gaap Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset
ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset
30000000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7000000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22000000 USD
CY2022Q1 gpk Non Cash Or Part Non Cash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed Financing Activities
NonCashOrPartNonCashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumedFinancingActivities
0 USD
CY2021Q1 gpk Non Cash Or Part Non Cash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed Financing Activities
NonCashOrPartNonCashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumedFinancingActivities
-250000000 USD
CY2022Q1 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.
CY2022Q1 gpk Revenue Recognition Number Of Revenue Generating Activities
RevenueRecognitionNumberOfRevenueGeneratingActivities
2 revenueGeneratingActivity
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2238000000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1644000000 USD
CY2022Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
15000000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
17000000 USD
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
53000000 USD
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
61000000 USD
CY2022Q1 gpk Factoring Arrangement Amount Transferred Subject To Continuing Involvement
FactoringArrangementAmountTransferredSubjectToContinuingInvolvement
674000000 USD
CY2022Q1 us-gaap Transfer Of Financial Assets Accounted For As Sales Amount Derecognized
TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized
737000000 USD
CY2021Q1 us-gaap Transfer Of Financial Assets Accounted For As Sales Amount Derecognized
TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized
758000000 USD
CY2022Q1 gpk Transfer Of Financial Assets Accounted For As Sales Amount Collected By Financial Institution
TransferOfFinancialAssetsAccountedForAsSalesAmountCollectedByFinancialInstitution
681000000 USD
CY2021Q1 gpk Transfer Of Financial Assets Accounted For As Sales Amount Collected By Financial Institution
TransferOfFinancialAssetsAccountedForAsSalesAmountCollectedByFinancialInstitution
685000000 USD
CY2022Q1 gpk Transfer Of Financial Assets Accounted For As Sales Amount Funded By Paid To Financial Institution
TransferOfFinancialAssetsAccountedForAsSalesAmountFundedByPaidToFinancialInstitution
64000000 USD
CY2021Q1 gpk Transfer Of Financial Assets Accounted For As Sales Amount Funded By Paid To Financial Institution
TransferOfFinancialAssetsAccountedForAsSalesAmountFundedByPaidToFinancialInstitution
62000000 USD
CY2022Q1 gpk Transfer Of Financial Assets Accounted For As Sales Receivable
TransferOfFinancialAssetsAccountedForAsSalesReceivable
3000000 USD
CY2021Q1 gpk Transfer Of Financial Assets Accounted For As Sales Receivable
TransferOfFinancialAssetsAccountedForAsSalesReceivable
9000000 USD
CY2022Q1 gpk Transfer Of Financial Assets Accounted For As Sales Pledged Receivable
TransferOfFinancialAssetsAccountedForAsSalesPledgedReceivable
201000000 USD
CY2021Q1 gpk Transfer Of Financial Assets Accounted For As Sales Pledged Receivable
TransferOfFinancialAssetsAccountedForAsSalesPledgedReceivable
160000000 USD
CY2022Q1 gpk Transfer Of Financial Assets Accounted For As Sales Amount Sold
TransferOfFinancialAssetsAccountedForAsSalesAmountSold
264000000 USD
CY2021Q1 gpk Transfer Of Financial Assets Accounted For As Sales Amount Sold
TransferOfFinancialAssetsAccountedForAsSalesAmountSold
125000000 USD
CY2022Q1 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
7000000 USD
CY2021Q1 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
4000000 USD
CY2021Q4 gpk Factoring Arrangement Amount Transferred Subject To Continuing Involvement
FactoringArrangementAmountTransferredSubjectToContinuingInvolvement
613000000 USD
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.075
CY2021Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2022Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2022Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
8000000 USD
CY2021Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2022Q1 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
0 USD
CY2021Q1 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
8000000 USD
CY2022Q1 gpk Business Combinations And Shutdown And Other Special Charges Net
BusinessCombinationsAndShutdownAndOtherSpecialChargesNet
15000000 USD
CY2021Q1 gpk Business Combinations And Shutdown And Other Special Charges Net
BusinessCombinationsAndShutdownAndOtherSpecialChargesNet
12000000 USD
CY2022Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
530000000 USD
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
528000000 USD
CY2022Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
211000000 USD
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
194000000 USD
CY2022Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
563000000 USD
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
473000000 USD
CY2022Q1 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
200000000 USD
CY2021Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
192000000 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
1504000000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
1387000000 USD
CY2022Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
14000000 USD
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
9000000 USD
CY2022Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
9000000 USD
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
7000000 USD
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
263000000 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
263000000 USD
CY2022Q1 us-gaap Debt Current
DebtCurrent
286000000 USD
CY2021Q4 us-gaap Debt Current
DebtCurrent
279000000 USD
CY2022Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
143000000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
146000000 USD
CY2022Q1 us-gaap Other Long Term Debt
OtherLongTermDebt
18000000 USD
CY2021Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
9000000 USD
CY2022Q1 gpk Long Term Debt Gross And Finance Lease Liability Including Current Maturities
LongTermDebtGrossAndFinanceLeaseLiabilityIncludingCurrentMaturities
5952000000 USD
CY2021Q4 gpk Long Term Debt Gross And Finance Lease Liability Including Current Maturities
LongTermDebtGrossAndFinanceLeaseLiabilityIncludingCurrentMaturities
5822000000 USD
CY2022Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
272000000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
270000000 USD
CY2022Q1 gpk Long Term Debt Gross And Finance Lease Liability
LongTermDebtGrossAndFinanceLeaseLiability
5680000000 USD
CY2021Q4 gpk Long Term Debt Gross And Finance Lease Liability
LongTermDebtGrossAndFinanceLeaseLiability
5552000000 USD
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
35000000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
37000000 USD
CY2022Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
8 paperboard_mill
CY2022Q1 gpk Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfPlans
1 compensationPlan
CY2022Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5645000000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5515000000 USD
CY2022Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
2133000000 USD
CY2022Q1 us-gaap Line Of Credit
LineOfCredit
1094000000 USD
CY2022Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1017000000 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9000000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11000000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
1200000 shares
CY2022Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
5658000000 USD
CY2021Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
5715000000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
5809000000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
5676000000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
6000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
3000000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
3000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-2000000 USD
CY2022Q1 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
5000000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
46000000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
153000000 USD
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-2000000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18000000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
80000000 USD
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-1000000 USD
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q1 us-gaap Revenues
Revenues
2245000000 USD
CY2021Q1 us-gaap Revenues
Revenues
1649000000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
193000000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
108000000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
139000000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
117000000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
107000000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
54000000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
308800000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
275800000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
900000 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1400000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
309700000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
277200000 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2022Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-27000000 USD
CY2022Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-9000000 USD
CY2022Q1 gpk Other Comprehensive Income Loss Net Of Tax Including Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxIncludingRedeemableNoncontrollingInterest
-18000000 USD
CY2022Q1 gpk Restructuring And Related Activities Number Of Mills Expected To Close
RestructuringAndRelatedActivitiesNumberOfMillsExpectedToClose
2 mill
CY2022Q1 gpk Restructuring And Related Activities Number Of Mills Remaining Open
RestructuringAndRelatedActivitiesNumberOfMillsRemainingOpen
1 mill
CY2022Q1 us-gaap Restructuring Charges
RestructuringCharges
11000000 USD
CY2021Q1 us-gaap Restructuring Charges
RestructuringCharges
9000000 USD
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
8000000 USD
CY2022Q1 us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
7000000 USD
CY2022Q1 us-gaap Restructuring Reserve
RestructuringReserve
15000000 USD
CY2022Q1 us-gaap Transfer Of Financial Assets Accounted For As Sales Amount Derecognized
TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized
737000000 USD
CY2021Q1 us-gaap Transfer Of Financial Assets Accounted For As Sales Amount Derecognized
TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized
758000000 USD
CY2022Q1 gpk Transfer Of Financial Assets Accounted For As Sales Amount Collected By Financial Institution
TransferOfFinancialAssetsAccountedForAsSalesAmountCollectedByFinancialInstitution
681000000 USD
CY2021Q1 gpk Transfer Of Financial Assets Accounted For As Sales Amount Collected By Financial Institution
TransferOfFinancialAssetsAccountedForAsSalesAmountCollectedByFinancialInstitution
685000000 USD
CY2022Q1 gpk Transfer Of Financial Assets Accounted For As Sales Amount Funded By Paid To Financial Institution
TransferOfFinancialAssetsAccountedForAsSalesAmountFundedByPaidToFinancialInstitution
64000000 USD
CY2021Q1 gpk Transfer Of Financial Assets Accounted For As Sales Amount Funded By Paid To Financial Institution
TransferOfFinancialAssetsAccountedForAsSalesAmountFundedByPaidToFinancialInstitution
62000000 USD
CY2022Q1 gpk Transfer Of Financial Assets Accounted For As Sales Receivable
TransferOfFinancialAssetsAccountedForAsSalesReceivable
3000000 USD
CY2021Q1 gpk Transfer Of Financial Assets Accounted For As Sales Receivable
TransferOfFinancialAssetsAccountedForAsSalesReceivable
9000000 USD
CY2022Q1 gpk Transfer Of Financial Assets Accounted For As Sales Pledged Receivable
TransferOfFinancialAssetsAccountedForAsSalesPledgedReceivable
201000000 USD
CY2021Q1 gpk Transfer Of Financial Assets Accounted For As Sales Pledged Receivable
TransferOfFinancialAssetsAccountedForAsSalesPledgedReceivable
160000000 USD
CY2022Q1 gpk Transfer Of Financial Assets Accounted For As Sales Amount Sold
TransferOfFinancialAssetsAccountedForAsSalesAmountSold
264000000 USD
CY2021Q1 gpk Transfer Of Financial Assets Accounted For As Sales Amount Sold
TransferOfFinancialAssetsAccountedForAsSalesAmountSold
125000000 USD
CY2022Q1 gpk Factoring Arrangement Amount Transferred Subject To Continuing Involvement
FactoringArrangementAmountTransferredSubjectToContinuingInvolvement
674000000 USD
CY2021Q4 gpk Factoring Arrangement Amount Transferred Subject To Continuing Involvement
FactoringArrangementAmountTransferredSubjectToContinuingInvolvement
613000000 USD

Files In Submission

Name View Source Status
0001408075-22-000017-index-headers.html Edgar Link pending
0001408075-22-000017-index.html Edgar Link pending
0001408075-22-000017.txt Edgar Link pending
0001408075-22-000017-xbrl.zip Edgar Link pending
exhibit211-2021x10xkpbcrev.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gpk-20220331.htm Edgar Link pending
gpk-20220331.xsd Edgar Link pending
gpk-20220331_cal.xml Edgar Link unprocessable
gpk-20220331_def.xml Edgar Link unprocessable
gpk-20220331_htm.xml Edgar Link completed
gpk-20220331_lab.xml Edgar Link unprocessable
gpk-20220331_pre.xml Edgar Link unprocessable
gpk03312022ex311.htm Edgar Link pending
gpk03312022ex312.htm Edgar Link pending
gpk03312022ex321.htm Edgar Link pending
gpk03312022ex322.htm Edgar Link pending
image_1.jpg Edgar Link pending
image_2.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
q122exhibit101.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending