$SON
SONOCO PRODUCTS CO

2014 Q1 Form 10-Q Financial Statement

#000009176714000031 Filed on April 30, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $1.190B $1.179B
YoY Change 0.92% -2.73%
Cost Of Revenue $973.3M $973.5M
YoY Change -0.02%
Gross Profit $209.8M $205.7M
YoY Change 1.97% -5.14%
Gross Profit Margin 17.63% 17.45%
Selling, General & Admin $123.8M $120.0M
YoY Change 3.12%
% of Gross Profit 59.0% 58.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.18M $47.23M
YoY Change -0.11%
% of Gross Profit 22.49% 22.96%
Operating Expenses $123.8M $120.0M
YoY Change 3.12%
Operating Profit $86.56M $81.42M
YoY Change 6.32%
Interest Expense $13.28M $15.15M
YoY Change -12.29%
% of Operating Profit 15.35% 18.6%
Other Income/Expense, Net
YoY Change
Pretax Income $73.92M $67.15M
YoY Change 10.08%
Income Tax $23.17M $21.25M
% Of Pretax Income 31.34% 31.65%
Net Earnings $50.42M $48.14M
YoY Change 4.73% 11.77%
Net Earnings / Revenue 4.24% 4.08%
Basic Earnings Per Share $0.49 $0.47
Diluted Earnings Per Share $0.49 $0.47
COMMON SHARES
Basic Shares Outstanding 102.8M shares 102.3M shares
Diluted Shares Outstanding 103.8M shares 102.8M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $192.0M $163.9M
YoY Change 17.14%
Cash & Equivalents $191.4M $163.5M
Short-Term Investments $500.0K $500.0K
Other Short-Term Assets $81.60M $57.30M
YoY Change 42.41%
Inventory $413.8M $395.5M
Prepaid Expenses $41.82M $35.70M
Receivables $683.9M $645.0M
Other Receivables $33.80M $28.20M
Total Short-Term Assets $1.405B $1.290B
YoY Change 8.91%
LONG-TERM ASSETS
Property, Plant & Equipment $1.017B $1.042B
YoY Change -2.38%
Goodwill $1.095B $1.104B
YoY Change -0.79%
Intangibles $236.5M $268.9M
YoY Change -12.03%
Long-Term Investments
YoY Change
Other Assets $170.5M $163.8M
YoY Change 4.07%
Total Long-Term Assets $2.575B $2.659B
YoY Change -3.15%
TOTAL ASSETS
Total Short-Term Assets $1.405B $1.290B
Total Long-Term Assets $2.575B $2.659B
Total Assets $3.980B $3.949B
YoY Change 0.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $506.1M $466.4M
YoY Change 8.5%
Accrued Expenses $328.0M $318.2M
YoY Change 3.06%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $38.90M $167.0M
YoY Change -76.71%
Total Short-Term Liabilities $890.2M $963.8M
YoY Change -7.64%
LONG-TERM LIABILITIES
Long-Term Debt $946.5M $947.6M
YoY Change -0.12%
Other Long-Term Liabilities $47.27M $49.90M
YoY Change -5.26%
Total Long-Term Liabilities $47.27M $49.90M
YoY Change -5.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $890.2M $963.8M
Total Long-Term Liabilities $47.27M $49.90M
Total Liabilities $937.5M $1.014B
YoY Change -7.52%
SHAREHOLDERS EQUITY
Retained Earnings $1.625B $1.530B
YoY Change 6.26%
Common Stock $462.9M $460.5M
YoY Change 0.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.727B $1.506B
YoY Change
Total Liabilities & Shareholders Equity $3.980B $3.949B
YoY Change 0.79%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $50.42M $48.14M
YoY Change 4.73% 11.77%
Depreciation, Depletion And Amortization $47.18M $47.23M
YoY Change -0.11%
Cash From Operating Activities $45.46M $136.3M
YoY Change -66.65%
INVESTING ACTIVITIES
Capital Expenditures $37.72M $55.54M
YoY Change -32.09%
Acquisitions
YoY Change
Other Investing Activities $2.300M -$3.400M
YoY Change -167.65%
Cash From Investing Activities -$35.40M -$58.92M
YoY Change -39.93%
FINANCING ACTIVITIES
Cash Dividend Paid $31.73M $30.30M
YoY Change 4.69%
Common Stock Issuance & Retirement, Net $8.811M -$3.454M
YoY Change -355.1%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$34.90M -$283.3M
YoY Change -87.68%
NET CHANGE
Cash From Operating Activities $45.46M $136.3M
Cash From Investing Activities -$35.40M -$58.92M
Cash From Financing Activities -$34.90M -$283.3M
Net Change In Cash -$24.83M -$205.9M
YoY Change -87.94%
FREE CASH FLOW
Cash From Operating Activities $45.46M $136.3M
Capital Expenditures $37.72M $55.54M
Free Cash Flow $7.747M $80.79M
YoY Change -90.41%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
506069000 USD
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
491809000 USD
CY2014Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
683859000 USD
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
614053000 USD
CY2014Q1 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
72889000 USD
CY2013Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
73032000 USD
CY2013Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
8649000 USD
CY2014Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
17211000 USD
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
331566000 USD
CY2014Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
327995000 USD
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-26000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-262000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-358520000 USD
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-361469000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-475826000 USD
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-484289000 USD
CY2014Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
455764000 USD
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
457190000 USD
CY2013Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7175000 USD
CY2014Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6863000 USD
CY2014Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
102161000 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
102147000 shares
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
7175000 USD
CY2014Q1 us-gaap Common Stock Value
CommonStockValue
7175000 USD
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
49472000 USD
CY2013Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
39970000 USD
CY2013Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
39330000 USD
CY2013Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2182261 shares
CY2014Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
643827 shares
CY2013Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1043000 USD
CY2014Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
492000 USD
CY2013Q4 us-gaap Assets
Assets
3979291000 USD
CY2014Q1 us-gaap Assets
Assets
3980319000 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
1378474000 USD
CY2014Q1 us-gaap Assets Current
AssetsCurrent
1404947000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
217567000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
191407000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
373084000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
163450000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-26160000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-209634000 USD
CY2014Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.31
CY2013Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.3
CY2014Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.31
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2014Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2014Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
102161000 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
102147000 shares
CY2014Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
49276000 USD
CY2014Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
973323000 USD
CY2013Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
973497000 USD
CY2014Q1 us-gaap Debt Current
DebtCurrent
38906000 USD
CY2013Q4 us-gaap Debt Current
DebtCurrent
35201000 USD
CY2014Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
2388000 USD
CY2013Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
10496000 USD
CY2014Q1 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
70000 USD
CY2013Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
165000 USD
CY2013Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
39406000 USD
CY2014Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
40239000 USD
CY2013Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
67364000 USD
CY2014Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
56364000 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
187619000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
189668000 USD
CY2013Q1 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
2508000 USD
CY2014Q1 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
1664000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
128006000 USD
CY2014Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
121854000 USD
CY2014Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
863000 USD
CY2013Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
859000 USD
CY2014Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
47179000 USD
CY2013Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
47231000 USD
CY2014Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2014-03-10
CY2014Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2014-02-12
CY2014Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2014-02-26
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.47
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.50
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.47
CY2014Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1327000 USD
CY2013Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3729000 USD
CY2014Q1 us-gaap Effect On Future Earnings Amount
EffectOnFutureEarningsAmount
2500000 USD
CY2013Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.316
CY2014Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.313
CY2014Q1 us-gaap Environmental Expense And Liabilities
EnvironmentalExpenseAndLiabilities
4000 USD
CY2013Q1 us-gaap Environmental Expense And Liabilities
EnvironmentalExpenseAndLiabilities
-1017000 USD
CY2013Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2225000 USD
CY2014Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
900000 USD
CY2013Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
977000 USD
CY2014Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1758000 USD
CY2013Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
977000 USD
CY2014Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1758000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
142364000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
148776000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
27800000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
25300000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
25700000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
26000000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
26300000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
385320000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
386284000 USD
CY2014Q1 us-gaap Foreign Currency Cash Flow Hedge Derivative At Fair Value Net
ForeignCurrencyCashFlowHedgeDerivativeAtFairValueNet
-1725000 USD
CY2013Q4 us-gaap Foreign Currency Cash Flow Hedge Derivative At Fair Value Net
ForeignCurrencyCashFlowHedgeDerivativeAtFairValueNet
-97000 USD
CY2014Q1 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
-1754000 USD
CY2014Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
872000 USD
CY2013Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-65000 USD
CY2014Q1 us-gaap Goodwill
Goodwill
1095214000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
1099207000 USD
CY2014Q1 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
3993000 USD
CY2014Q1 us-gaap Gross Profit
GrossProfit
212303000 USD
CY2013Q1 us-gaap Gross Profit
GrossProfit
205716000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
67148000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
73918000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
45896000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
50749000 USD
CY2013Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1897000 USD
CY2014Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1476000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23169000 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21252000 USD
CY2013Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
44031000 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
12722000 USD
CY2013Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
30601000 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
68142000 USD
CY2013Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-10331000 USD
CY2014Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5505000 USD
CY2014Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
25388000 USD
CY2013Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
31811000 USD
CY2013Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
15517000 USD
CY2014Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3185000 USD
CY2014Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-2620000 USD
CY2013Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-10891000 USD
CY2013Q1 us-gaap Increase Decrease In Outstanding Checks Financing Activities
IncreaseDecreaseInOutstandingChecksFinancingActivities
892000 USD
CY2014Q1 us-gaap Increase Decrease In Outstanding Checks Financing Activities
IncreaseDecreaseInOutstandingChecksFinancingActivities
182000 USD
CY2013Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
2094000 USD
CY2014Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1348000 USD
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
996000 shares
CY2013Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
541000 shares
CY2014Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
236544000 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
243920000 USD
CY2014Q1 us-gaap Interest Expense
InterestExpense
13284000 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
14588000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-34901000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
45464000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
136324000 USD
CY2014Q1 us-gaap Minority Interest
MinorityInterest
14392000 USD
CY2013Q1 us-gaap Interest Expense
InterestExpense
15145000 USD
CY2014Q1 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
162846000 USD
CY2013Q4 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
158256000 USD
CY2014Q1 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
250919000 USD
CY2013Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
252531000 USD
CY2013Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
877000 USD
CY2014Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
641000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3979291000 USD
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3980319000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
867225000 USD
CY2014Q1 us-gaap Liabilities Current
LiabilitiesCurrent
890181000 USD
CY2014Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
946512000 USD
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
946257000 USD
CY2013Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
999247000 USD
CY2014Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1032366000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-283308000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-58921000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-35396000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
52302000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
48139000 USD
CY2014Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-77000 USD
CY2013Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-346000 USD
CY2014Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 Segment
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
81416000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
86561000 USD
CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
170499000 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
168406000 USD
CY2014Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-119000 USD
CY2013Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-294000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-6009000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-16033000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
236000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
4660000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-95000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-7359000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-19609000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8463000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2949000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-4174000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-6486000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-2049000 USD
CY2014Q1 us-gaap Other Derivatives Not Designated As Hedging Instruments At Fair Value Net
OtherDerivativesNotDesignatedAsHedgingInstrumentsAtFairValueNet
508000 USD
CY2013Q4 us-gaap Other Derivatives Not Designated As Hedging Instruments At Fair Value Net
OtherDerivativesNotDesignatedAsHedgingInstrumentsAtFairValueNet
415000 USD
CY2014Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
47270000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
48760000 USD
CY2013Q4 us-gaap Other Receivables
OtherReceivables
38995000 USD
CY2014Q1 us-gaap Other Receivables
OtherReceivables
33857000 USD
CY2014Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10678000 USD
CY2013Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1689000 USD
CY2013Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
30303000 USD
CY2014Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
31725000 USD
CY2014Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
-22000 USD
CY2013Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
3628000 USD
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
55539000 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
37717000 USD
CY2014Q1 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
43515000 USD
CY2013Q1 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
15486000 USD
CY2014Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
9113000 USD
CY2013Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
13715000 USD
CY2013Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
263718000 USD
CY2014Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
233330000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
14220000 USD
CY2013Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
57666000 USD
CY2014Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
41820000 USD
CY2013Q4 us-gaap Price Risk Cash Flow Hedge Derivative At Fair Value Net
PriceRiskCashFlowHedgeDerivativeAtFairValueNet
-330000 USD
CY2014Q1 us-gaap Price Risk Cash Flow Hedge Derivative At Fair Value Net
PriceRiskCashFlowHedgeDerivativeAtFairValueNet
1649000 USD
CY2014Q1 us-gaap Price Risk Cash Flow Hedge Unrealized Gain Loss To Be Reclassified During Next12 Months
PriceRiskCashFlowHedgeUnrealizedGainLossToBeReclassifiedDuringNext12Months
1106000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5143000 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1867000 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
14156000 USD
CY2014Q1 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
0 USD
CY2013Q1 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
-129000000 USD
CY2013Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
246000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
2299000 USD
CY2013Q1 us-gaap Profit Loss
ProfitLoss
47793000 USD
CY2014Q1 us-gaap Profit Loss
ProfitLoss
52225000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1021920000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1016751000 USD
CY2014Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-11000 USD
CY2014Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
10461000 USD
CY2013Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
143548000 USD
CY2013Q1 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
4289000 USD
CY2014Q1 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
1992000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1604892000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1625310000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
1185626000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
1179213000 USD
CY2013Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
120011000 USD
CY2014Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
123750000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
5560000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2435000 USD
CY2014Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
5000000 shares
CY2014Q1 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
4659500 shares
CY2014Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
208000 shares
CY2013 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
132500 shares
CY2014Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
8635000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1710737000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
1726780000 USD
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1741172000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1725325000 USD
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
103767000 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
102814000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102273000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102771000 shares
CY2014Q1 son Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedge Effect Before Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgeEffectBeforeTax
-96000 USD
CY2013Q4 son Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedge Effect Before Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgeEffectBeforeTax
-427000 USD
CY2014Q1 son Restructuring Asset Impairment Charges Net Of Tax
RestructuringAssetImpairmentChargesNetOfTax
1577000 USD
CY2013Q1 son Restructuring Asset Impairment Charges Net Of Tax
RestructuringAssetImpairmentChargesNetOfTax
3033000 USD
CY2013Q1 son Restructuring Costs Attributable To Noncontrolling Interests Net Of Tax
RestructuringCostsAttributableToNoncontrollingInterestsNetOfTax
27000 USD
CY2014Q1 son Restructuring Costs Attributable To Noncontrolling Interests Net Of Tax
RestructuringCostsAttributableToNoncontrollingInterestsNetOfTax
-4000 USD
CY2013Q1 son Restructuring Income Tax Expense Benefit
RestructuringIncomeTaxExpenseBenefit
-1283000 USD
CY2014Q1 son Restructuring Income Tax Expense Benefit
RestructuringIncomeTaxExpenseBenefit
-411000 USD
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-30
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000091767
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
102052566 shares
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
SONOCO PRODUCTS CO
CY2014Q1 dei Trading Symbol
TradingSymbol
SON

Files In Submission

Name View Source Status
0000091767-14-000031-index-headers.html Edgar Link pending
0000091767-14-000031-index.html Edgar Link pending
0000091767-14-000031.txt Edgar Link pending
0000091767-14-000031-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
q1201410-q.htm Edgar Link pending
q12014ex151.htm Edgar Link pending
q12014ex311.htm Edgar Link pending
q12014ex321.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
R6.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
son-20140330.xml Edgar Link completed
son-20140330.xsd Edgar Link pending
son-20140330_cal.xml Edgar Link unprocessable
son-20140330_def.xml Edgar Link unprocessable
son-20140330_lab.xml Edgar Link unprocessable
son-20140330_pre.xml Edgar Link unprocessable