Company: SLGN
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000849869-25-000029
Chunk: 21

Company: SILGAN HOLDINGS INC
Filing Date: 2025-02-27
Form: 10-K
Item: Item 16
Chunk 21
---
12,305 6,042 Repayments of long-term debt(100,000)(58,083)(301,285)Debt issuance costs(8,346)— — Dividends paid on common stock(82,055)(78,894)(71,948)Repurchase of common stock (9,317)(183,993)(45,124)Net cash provided by (used in) financing activities662,522 (211,391)(569,593)Effect of exchange rate changes on cash and cash equivalents(28,170)9,909 (9,031)Cash and cash equivalents:Net increase (decrease) 179,931 57,301 (45,817)Balance at beginning of year642,923 585,622 631,439 Balance at end of year$822,854 $642,923 $585,622 Interest paid, net$160,183 $155,399 $123,726 Income taxes paid, net of refunds91,552 116,382 93,864 

See notes to consolidated financial statements.F-8

SILGAN HOLDINGS INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTSDecember 31, 2024, 2023 and 2022

NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Business.  Silgan Holdings Inc., or Silgan, and its subsidiaries conduct business in three segments: dispensing and specialty closures; metal containers; and custom containers. Our dispensing and specialty closures segment manufactures and sells dispensing systems and specialty closures for fragrance and beauty, food, beverage, personal and health care, home care and lawn and garden products. Our metal containers segment is engaged in the manufacture and sale of steel and aluminum containers for pet and human food and general line products. Our custom containers segment manufactures and sells custom designed plastic containers for pet and human food, consumer health and pharmaceutical, personal care, home care, lawn and garden and automotive products. Our dispensing and specialty closures segment has operating facilities in North and South America, Europe and Asia. Our metal containers segment has operating facilities in North America, Europe and Asia. Our custom containers segment has operating facilities in North America.Basis of Presentation.  The consolidated financial statements include the accounts of Silgan and our subsidiaries. Newly acquired subsidiaries have been included in the consolidated financial statements from their dates of acquisition. All significant intercompany transactions have been eliminated. The preparation of