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CONSOLIDATED STATEMENTS OF CHANGES IN TOTAL EQUITY - USD ($)
$ in Thousands
Total
Impact of new accounting pronouncements
Common Shares
Capital in Excess of Stated Value
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Impact of new accounting pronouncements
Retained Earnings
Retained Earnings
Impact of new accounting pronouncements
Non- controlling Interests
Beginning Balance at Dec. 31, 2017 $ 1,730,060 $ 1,721 $ 7,175 $ 330,157 $ (666,272) $ (176) $ 2,036,006 $ 1,897 $ 22,994
Beginning Balance (in shares) at Dec. 31, 2017     99,414,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income/(loss) 314,739           313,560   1,179
Other comprehensive income/(loss):                  
Translation gain/(loss) (54,763)       (52,607)       (2,156)
Defined benefit plan adjustment [1] (20,244)       (20,244)        
Derivative financial instruments [1] (1,614)       (1,614)        
Other comprehensive income/(loss) (76,621)       (74,465)       (2,156)
Dividends (163,348)           (163,348)    
Issuance of stock awards 1,688     1,688          
Issuance of stock awards (in shares)     682,000            
Shares repurchased (14,561)     (14,561)          
Shares repurchased (in shares)     (267,000)            
Stock-based compensation 10,730     10,730          
Purchase of Sonoco Asia noncontrolling interest (35,000)     (23,305)         (11,695)
Noncontrolling interest from acquisition 2,870               2,870
Ending Balance at Dec. 31, 2018 1,772,278 (6,771) $ 7,175 304,709 (740,913)   2,188,115 (6,771) 13,192
Ending Balance (in shares) at Dec. 31, 2018     99,829,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income/(loss) 292,668           291,785   883
Other comprehensive income/(loss):                  
Translation gain/(loss) 8,270       9,108       (838)
Defined benefit plan adjustment [1] (87,033)       (87,033)        
Derivative financial instruments [1] 2,035       2,035        
Other comprehensive income/(loss) (76,728)       (75,890)       (838)
Dividends (171,597)           (171,597)    
Issuance of stock awards 1,343     1,343          
Issuance of stock awards (in shares)     538,000            
Shares repurchased (9,608)     (9,608)          
Shares repurchased (in shares)     (169,000)            
Stock-based compensation 14,334     14,334          
Dividends paid to noncontrolling interests (214)               (214)
Ending Balance at Dec. 31, 2019 $ 1,815,705 $ (209) $ 7,175 310,778 (816,803)   2,301,532 $ (209) 13,023
Ending Balance (in shares) at Dec. 31, 2019 100,198,000   100,198,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income/(loss) $ 207,241           207,463   (222)
Other comprehensive income/(loss):                  
Translation gain/(loss) 46,092       47,970       (1,878)
Defined benefit plan adjustment [1] 11,666       11,666        
Derivative financial instruments [1] 325       325        
Other comprehensive income/(loss) 58,083       59,961       (1,878)
Dividends (173,570)           (173,570)    
Issuance of stock awards 1,154     1,154          
Issuance of stock awards (in shares)     398,000            
Shares repurchased (8,483)     (8,483)          
Shares repurchased (in shares)     (149,000)            
Stock-based compensation 10,607     10,607          
Ending Balance at Dec. 31, 2020 $ 1,910,528   $ 7,175 $ 314,056 $ (756,842)   $ 2,335,216   $ 10,923
Ending Balance (in shares) at Dec. 31, 2020 100,447,000   100,447,000            
[1] net of tax