Packaging Corporation of America (PKG)

PKG 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	676.6	648	320	618.7	974.6	679.5
Short-Term Investments	95	493.5	85.2	86.1	105.6	87.9
Cash & Short-Term Investments	771.6	1,142	405.2	704.8	1,080	767.4
Cash Growth	13.94%	181.71%	-42.51%	-34.75%	40.76%	112.28%
Accounts Receivable	1,216	1,033	1,032	1,071	832.4	845.6
Other Receivables	-	4.3	35.7	7.4	5.1	26.5
Receivables	1,216	1,038	1,068	1,078	837.5	872.1
Inventory	1,062	1,013	977.3	902.5	787.9	794.1
Prepaid Expenses	191.8	62.3	58.3	47	44.7	44.8
Total Current Assets	3,241	3,254	2,508	2,733	2,750	2,478
Property, Plant & Equipment	4,243	4,143	4,198	3,767	3,428	3,386
Long-Term Investments	69.7	64.1	64.9	60	42.7	58.1
Goodwill	922.4	922.4	922.4	923.5	863.5	918.7
Other Intangible Assets	201.3	231.5	270.9	311.7	300.7	340.2
Long-Term Deferred Charges	-	22.7	22.4	21	20.3	21.6
Other Long-Term Assets	76.4	42.6	16.6	20.6	28.1	32.8
Total Assets	8,754	8,681	8,004	7,837	7,433	7,236
Accounts Payable	459.9	402.4	410.4	452.4	387	351.9
Accrued Expenses	298.1	267.2	275.5	267.3	228.1	231.2
Current Portion of Long-Term Debt	-	399.6	-	-	-	-
Current Portion of Leases	83.8	80.6	74.1	68.8	70.5	64.1
Other Current Liabilities	243.5	115.9	115.5	96.3	97	76.6
Total Current Liabilities	1,101	1,266	875.5	884.8	782.6	723.8
Long-Term Debt	2,474	2,472	2,474	2,472	2,479	2,477
Long-Term Leases	196.6	220.8	245.4	192	188	193.6
Long-Term Deferred Tax Liabilities	540.5	558	543	465.9	379.4	340.1
Other Long-Term Liabilities	178.9	91.8	80.3	83.2	81.3	71.8
Total Liabilities	4,490	4,684	4,337	4,230	4,187	4,165
Common Stock	0.9	0.9	0.9	0.9	0.9	0.9
Additional Paid-In Capital	660.6	620.1	581.8	579.4	554.4	524.8
Retained Earnings	3,669	3,447	3,187	3,102	2,836	2,705
Comprehensive Income & Other	-67	-70.9	-102.4	-75.2	-144.5	-159.5
Shareholders' Equity	4,264	3,997	3,667	3,607	3,246	3,071
Total Liabilities & Equity	8,754	8,681	8,004	7,837	7,433	7,236
Total Debt	2,754	3,173	2,793	2,732	2,738	2,735
Net Cash (Debt)	-1,913	-1,968	-2,323	-1,968	-1,615	-1,909
Net Cash Per Share	-21.37	-21.98	-25.06	-20.82	-17.11	-20.29
Filing Date Shares Outstanding	89.17	88.95	89.04	92.88	94.16	93.94
Total Common Shares Outstanding	89.17	88.95	89.04	92.89	94.13	93.94
Working Capital	2,141	1,989	1,633	1,848	1,968	1,755
Book Value Per Share	47.81	44.94	41.18	38.83	34.49	32.69
Tangible Book Value	3,140	2,843	2,474	2,372	2,082	1,812
Tangible Book Value Per Share	35.21	31.97	27.78	25.54	22.12	19.29
Land	199.6	197.8	192.4	189.8	179.6	177.5
Buildings	-	1,090	1,023	938.4	858.2	837.1
Machinery	-	6,978	6,681	6,131	5,798	5,699
Construction In Progress	401.7	335.8	440.2	481	360	174

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