Graphic Packaging Holding Company (GPK)

GPK Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	126	162	150	172	179	152.9
Cash & Short-Term Investments	126	162	150	172	179	152.9
Cash Growth	-13.70%	8.00%	-12.79%	-3.91%	17.07%	114.75%
Accounts Receivable	971	716	804	785	597	451.2
Other Receivables	-	119	75	74	57	53.3
Receivables	971	835	879	859	654	504.5
Inventory	1,748	1,754	1,606	1,387	1,128	1,096
Other Current Assets	145	94	71	84	59	52.3
Total Current Assets	2,990	2,845	2,706	2,502	2,020	1,806
Property, Plant & Equipment	5,028	5,220	4,824	4,935	3,768	3,457
Goodwill	2,034	2,103	1,979	2,015	1,478	1,478
Other Intangible Assets	714	820	717	868	437	477.3
Other Long-Term Assets	465	187	102	137	102	72.5
Total Assets	11,231	11,175	10,328	10,457	7,805	7,290
Accounts Payable	937	1,094	1,123	1,125	825	716.1
Accrued Expenses	734	529	556	463	366	293.5
Short-Term Debt	12	18	16	9	3	9.3
Current Portion of Long-Term Debt	13	739	26	263	495	36.5
Current Portion of Leases	6	69	77	80	66	59.4
Current Income Taxes Payable	22	64	58	50	57	38.4
Current Unearned Revenue	-	30	32	29	21	15.2
Other Current Liabilities	5	46	45	30	23	30.3
Total Current Liabilities	1,729	2,589	1,933	2,049	1,856	1,199
Long-Term Debt	5,230	4,455	5,041	5,376	3,013	2,680
Long-Term Leases	142	343	343	332	291	281.1
Long-Term Unearned Revenue	-	8	8	8	7	5.3
Long-Term Deferred Tax Liabilities	626	731	668	579	540	511.8
Other Long-Term Liabilities	394	146	56	62	108	79.2
Total Liabilities	8,220	8,393	8,178	8,564	5,965	4,928
Common Stock	3	3	3	3	3	2.9
Additional Paid-In Capital	2,042	2,062	2,054	2,046	1,715	1,877
Retained Earnings	1,302	1,029	469	66	-48	56.4
Comprehensive Income & Other	-338	-313	-377	-224	-246	-365.8
Total Common Equity	3,009	2,781	2,149	1,891	1,424	1,570
Minority Interest	2	1	1	2	416	792.1
Shareholders' Equity	3,011	2,782	2,150	1,893	1,840	2,362
Total Liabilities & Equity	11,231	11,175	10,328	10,457	7,805	7,290
Total Debt	5,403	5,624	5,503	6,060	3,868	3,067
Net Cash (Debt)	-5,277	-5,462	-5,353	-5,888	-3,689	-2,914
Net Cash Per Share	-17.21	-17.67	-17.30	-19.77	-13.19	-9.88
Filing Date Shares Outstanding	300.14	306.05	307.12	307.1	267.76	290.32
Total Common Shares Outstanding	300.14	306.06	307.12	307.1	267.73	290.25
Working Capital	1,261	256	773	453	164	606.9
Book Value Per Share	10.03	9.09	7.00	6.16	5.32	5.41
Tangible Book Value	261	-142	-547	-992	-491	-385
Tangible Book Value Per Share	0.87	-0.46	-1.78	-3.23	-1.83	-1.33
Land	-	195	187	175	137	130.4
Buildings	-	976	921	794	565	550
Machinery	-	7,635	7,332	6,714	6,046	5,796
Construction In Progress	-	657	234	882	478	202.6

Source: S&P Capital IQ. Standard template. Financial Sources.