Company: SLGN
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000849869-25-000029
Chunk: 51

Company: SILGAN HOLDINGS INC
Filing Date: 2025-02-27
Form: 10-K
Item: Item 16
Chunk 51
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 the years ended December 31, 2024, 2023 and 2022, respectively.Operating lease right-of-use assets were recorded in our Consolidated Balance Sheets as other assets, net of $206.1 million and $223.9 million as of December 31, 2024 and 2023, respectively. Operating lease liabilities of $220.5 million and $233.8 million were recorded in our Consolidated Balance Sheets as accrued liabilities of $48.9 million and $45.9 million and other liabilities of $171.6 million and $187.9 million as of December 31, 2024 and 2023, respectively.  At December 31, 2024, our operating leases had a weighted average discount rate of 5.1 percent and a weighted average remaining lease term of approximately 7 years. To a lesser extent, we have certain leases that qualify as finance leases.  Finance lease right-of-use assets  were recorded in our Consolidated Balance Sheets as property, plant and equipment, net of $38.4 million and $64.5 million as of December 31, 2024 and 2023, respectively.  Finance lease liabilities of $41.7 million and $63.3 million were recorded in our Consolidated Balance Sheets as current portion of long term-debt of $4.5 million and $27.6 million as of December 31, 2024 and 2023, respectively, and long-term debt of $37.2 million and $35.7 million as of December 31, 2024 and 2023, respectively.  At December 31, 2024, our finance leases had a weighted average discount rate of 4.4 percent and a weighted average remaining lease term of approximately 13 years. 

F-27

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

The aggregate annual maturities of lease liabilities are as follows (dollars in thousands):OperatingFinanceLeasesLeases2025$58,516 $6,728 202646,595 4,573 202734,768 3,782 202825,261 3,503 202918,137 3,406 Thereafter78,376 33,408 Total lease payments261,653 55,400      Less imputed