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Sonoco Products SON Restructuring Reserve
Restructuring Reserve at other companies
Other financials
Where this comes from
Reported directly by Sonoco Products in its filing.
Tagged under the XBRL concept us-gaap:RestructuringReserveCurrent.
The source filing: Sonoco Products’s 10-Q, filed July 28, 2026.
- Filed
- Jul 28, 2026, 4:11 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000091767-26-000038
| Line item | Severanceand Termination Benefits | Asset Impairments/ Disposalof Assets | Other Costs | Total |
|---|---|---|---|---|
| Accrual Activity | ||||
| Liability at December 31, 2025 | $55,628 | — | $3,527 | $59,155 |
| 2026 charges | 6,484 | 3,627 | 6,955 | 17,066 |
| Cash (payments)/receipts | (24,442) | 1,705 | (7,159) | (29,896) |
| Asset write downs/disposals | — | (5,332) | — | (5,332) |
| Foreign currency translation | (1,045) | — | 13 | (1,032) |
| Liability at June 28, 2026 | $36,625 | — | $3,336 | $39,961 |
Item 1. Financial Statements.
FAQ
- What is Sonoco Products's restructuring reserve?
- Sonoco Products (SON) reported restructuring reserve of $39.96M in Q2 2026.
- How has Sonoco Products's restructuring reserve changed year-over-year?
- Sonoco Products's restructuring reserve increased by 951.6% year-over-year, from $3.8M to $39.96M.
- What does restructuring reserve mean?
- This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.
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