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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and Cash Equivalents $ 162 $ 150
Receivables, Net 835 879
Inventories, Net 1,754 1,606
Other Current Assets 94 71
Total Current Assets 2,845 2,706
Property, Plant and Equipment, Net 4,992 4,579
Goodwill 2,103 1,979
Intangible Assets, Net 820 717
Other Assets 415 347
Total Assets 11,175 10,328
Current Liabilities:    
Short-Term Debt and Current Portion of Long-Term Debt 764 53
Accounts Payable 1,094 1,123
Compensation and Employee Benefits 273 295
Interest Payable 63 51
Other Accrued Liabilities 395 411
Total Current Liabilities 2,589 1,933
Long-Term Debt 4,609 5,200
Deferred Income Tax Liabilities 731 668
Accrued Pension and Postretirement Benefits 104 111
Other Noncurrent Liabilities 360 266
Commitments (Note 13)
SHAREHOLDERS' EQUITY    
Preferred Stock, par value $.01 per share; 100,000,000 shares authorized; no shares issued or outstanding 0 0
Common Stock, par value $.01 per share; 1,000,000,000 shares authorized; 306,058,815 and 307,116,089 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively 3 3
Capital in Excess of Par Value 2,062 2,054
Retained Earnings 1,029 469
Accumulated Other Comprehensive Loss (313) (377)
Total Graphic Packaging Holding Company Shareholders' Equity 2,781 2,149
Noncontrolling Interest 1 1
Total Equity 2,782 2,150
Total Liabilities and Shareholders' Equity $ 11,175 $ 10,328