$AMCCF

Amcor plc

CIK:0001748790|SEC Filings

Consolidated Statements of Income - USD ($) $ in Millions	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Millions	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2024
Income Statement [Abstract]
Net sales	$ 23,506	$ 15,009	$ 13,640
Cost of sales	(18,816)	(12,175)	(10,928)
Gross profit	4,690	2,834	2,712
Operating Expenses [Abstract]
Selling, general, and administrative expenses	(1,931)	(1,205)	(1,093)
Amortization of acquired intangible assets	(558)	(246)	(167)
Research and development expenses	(170)	(120)	(106)
Restructuring, transaction and integration expenses, net	(298)	(307)	(97)
Other income/(expenses), net	166	53	(35)
Operating income	1,899	1,009	1,214
Interest income	66	49	38
Interest expense	(676)	(396)	(348)
Other non-operating income/(expenses), net	(7)	(12)	3
Income before income taxes and equity in income/(loss) of affiliated companies	1,282	650	907
Income tax expense	(181)	(135)	(163)
Equity in income/(loss) of affiliated companies, net of tax	5	3	(4)
Net income	1,106	518	740
Net income attributable to non-controlling interests	0	(7)	(10)
Net income attributable to Amcor plc	$ 1,106	$ 511	$ 730
Basic earnings per share:
Basic earnings per share (in USD per share)	$ 2.39	$ 1.60	$ 2.53
Diluted earnings per share (in USD per share)	$ 2.38	$ 1.60	$ 2.52

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2024
Cash flows from operating activities:
Net income	$ 1,106	$ 518	$ 740
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization, and impairment	1,479	722	595
Net periodic benefit cost	31	32	12
Amortization of debt discount and deferred financing costs	48	36	10
Net gain on disposal of property, plant, and equipment	(49)	(7)	(11)
Net gain on disposal of businesses and investments	(54)	(8)	0
Equity in (income)/loss of affiliated companies	(5)	(3)	4
Net foreign exchange loss	5	9	27
Share-based compensation	83	74	32
Inventory step-up amortization	(6)	133	0
Other, net	(146)	60	(37)
Loss from highly inflationary accounting for Argentine subsidiaries	28	27	106
Deferred income taxes, net	(96)	(125)	(37)
Changes in operating assets and liabilities, excluding effect of acquisitions, divestitures, and currency:
Trade receivables	(323)	(228)	(43)
Inventories	(329)	0	95
Prepaid expenses and other current assets	(51)	(57)	(5)
Trade payables	570	220	(43)
Other current liabilities	16	15	(74)
Accrued employee costs	3	47	8
Employee benefit obligations	(78)	(47)	(39)
Other, net	(81)	(28)	(19)
Net cash provided by operating activities	2,151	1,390	1,321
Cash flows from investing activities:
Investments in affiliated companies and other	0	0	(3)
Business acquisitions	(17)	(1,653)	(20)
Purchase of property, plant, and equipment, and other intangible assets	(922)	(580)	(492)
Proceeds from divestitures, net of cash divested	272	113	0
Proceeds from sale of affiliated companies and other investments	70	0	0
Proceeds from sales of property, plant, and equipment, and other intangible assets	73	18	39
Net cash used in investing activities	(524)	(2,102)	(476)
Cash flows from financing activities:
Proceeds from exercise of options	6	15	0
Purchase of treasury shares and tax withholdings for share-based incentive plans	(71)	(122)	(51)
Purchase of non-controlling interest	(1)	(2)	0
Proceeds from issuance of long-term debt	3,214	2,181	1,024
Repayment of long-term debt	(2,893)	(506)	(16)
Financing-related transaction fees	0	(11)	0
Net borrowing/(repayment) of commercial paper	(389)	228	(1,041)
Net borrowing/(repayment) of short-term debt	3	(16)	(10)
Repayment of lease liabilities	(16)	(12)	(11)
Share buyback/cancellations	(1)	0	(30)
Dividends paid	(1,195)	(845)	(722)
Net cash (used in)/provided by financing activities	(1,343)	910	(857)
Effect of exchange rates on cash and cash equivalents	4	41	(89)
Net increase/(decrease) in cash and cash equivalents	288	239	(101)
Cash and cash equivalents balance at beginning of the fiscal year		827	588
Cash and cash equivalents balance at end of the fiscal year	$ 1,115	$ 827	$ 588

Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2026	Jun. 30, 2025
Current assets:
Cash and cash equivalents	$ 1,115	$ 827
Trade receivables, net of allowance for credit losses of $48 and $34, respectively	3,639	3,426
Raw materials and supplies	1,531	1,394
Work in process and finished goods	2,141	2,077
Prepaid expenses and other current assets	900	710
Total current assets	9,326	8,434
Non-current assets:
Property, plant, and equipment, net	7,409	8,202
Operating Lease, Right-of-Use Asset	1,039	1,116
Deferred tax assets	199	218
Other intangible assets, net	6,588	7,403
Goodwill	12,075	11,276
Employee benefit assets	57	60
Other non-current assets	402	357
Total non-current assets	27,769	28,632
Total assets	37,095	37,066
Current liabilities:
Current portion of long-term debt	15	141
Short-term debt	135	116
Trade payables	4,021	3,490
Accrued employee costs	694	619
Other current liabilities	2,570	2,621
Total current liabilities	7,435	6,987
Non-current liabilities:
Long-term debt, less current portion	13,862	13,841
Operating lease liabilities	852	910
Deferred tax liabilities	2,080	2,482
Employee benefit obligations	309	352
Other non-current liabilities	756	754
Total non-current liabilities	17,859	18,339
Total liabilities	25,294	25,326
Commitments and contingencies (See Note $20)
Amcor plc shareholders’ equity:
Issued (462.3 and 461.1 million shares, respectively)	23	23
Additional paid-in capital	12,255	12,226
Retained earnings	459	548
Accumulated other comprehensive loss	(931)	(1,063)
Treasury shares (0.4 and 0.1 million shares, respectively)	(16)	(6)
Total Amcor plc shareholders' equity	11,790	11,728
Non-controlling interests	11	12
Total shareholders' equity	11,801	11,740
Total liabilities and shareholders' equity	$ 37,095	$ 37,066