General Information (Tables)

3 Months Ended

Mar. 31, 2026

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Accounts Receivable and Allowances

The following table summarizes the activity under these programs for the three months ended March 31, 2026 and 2025:


	Three Months Ended March 31,
In millions	2026		2025
Receivables Sold and Derecognized	$	932	$	876
Proceeds Collected on Behalf of Financial Institutions	897		872
Net Proceeds Paid to Financial Institutions	(9)		(52)
Deferred Purchase Price at March 31(a)	22		17
Pledged Receivables at March 31	155		157

(a) Included in Other Current Assets on the Condensed Consolidated Balance Sheets and represents a beneficial interest in the receivables sold to the financial institutions, which is a Level 3 fair value measure.

Schedule of Quarterly Dividends Declared

During the three months ended March 31, 2026, the Board of Directors declared regular quarterly dividends as follows:


Date Declared	Record Date	Payment Date	Dividends Per Common Share
February 26, 2026	March 15, 2026	April 8, 2026	$0.11

Schedule of Business Combinations, Exit Activities and Other Special Items, Net

The following table summarizes the transactions recorded in Business Combinations, Exit Activities and Other Special Items, Net in the Condensed Consolidated Statements of Operations:


	Three Months Ended March 31,
In millions	2026		2025
Exit Activities	$	73	$	14
Charges Associated with Business Combinations, net(a)	(2)		—
Charges Associated with Divestitures	—		1
Other Special Items(b)	—		(3)
Total	$	71	$	12

(a) Relates to the release of a reserve for German real estate transfer taxes incurred in connection with the Company's acquisition of AR Packaging Group AB in November 2021.

(b) In 2025, $4 million was credited to compensation expense for stock incentive plans due to Company performance adjustments for the 2024 grants of performance-based restricted stock units ("RSUs") previously expensed in 2024, and related to the terms of the 2024 grants (which differed from the 2023 grants) under the Graphic Packaging Holding Company 2014 Omnibus Stock and Incentive Compensation Plan (the "2014 Plan") (see Note 4. Stock Incentive Plans).