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Acquisition of StarBev - Fair Value of Consideration Transferred (Details)
12 Months Ended 0 Months Ended 6 Months Ended 0 Months Ended 0 Months Ended
Dec. 31, 2013
USD ($)
Dec. 29, 2012
USD ($)
Dec. 31, 2011
USD ($)
Dec. 31, 2013
Senior Debt Facilities
Convertible Senior Unsecured Note Due 2013 €500 Million 0.0% [Member]
Jun. 15, 2012
Molson Coors Central Europe (MCCE)
USD ($)
Jun. 15, 2012
Molson Coors Central Europe (MCCE)
EUR (€)
Dec. 29, 2012
Molson Coors Central Europe (MCCE)
USD ($)
Jun. 29, 2012
Molson Coors Central Europe (MCCE)
Subordinated Deferred Payment Obligation, Including Interest and Other Costs [Member]
USD ($)
Jun. 15, 2012
Molson Coors Central Europe (MCCE)
Subordinated Deferred Payment Obligation [Member]
Jun. 15, 2012
Molson Coors Central Europe (MCCE)
Senior Debt Facilities
USD ($)
Jun. 15, 2012
Molson Coors Central Europe (MCCE)
Convertible, Unsecured Debt
USD ($)
Jun. 15, 2012
Molson Coors Central Europe (MCCE)
Convertible, Unsecured Debt
Convertible Senior Unsecured Note Due 2013 €500 Million 0.0% [Member]
EUR (€)
Business Acquisition, Cost of Acquired Entity, Purchase Price [Abstract]                        
Cash consideration to Seller         $ 1,816,000,000   $ 2,257,400,000 [1]          
Cost of acquired entity, liabilities incurred         3,400,000,000 2,700,000,000       585,000,000 [2] 645,900,000 [3] 500,000,000
Total consideration         3,046,900,000              
Cash, net of bank overdraft acquired         (42,300,000) [4]              
Subordinated deferred payment obligation (SDPO) with third-party creditors         423,400,000 [5]              
Cash Acquired from Acquisition         143,600,000              
Bank Overdrafts Assumed In Acquisition         101,300,000              
Debt instrument, interest rate percentage       0.00%         11.00%      
Payments on debt assumed in Acquisition 0 424,300,000 0         425,700,000        
Interest expense, SDPO (183,800,000) (196,300,000) (118,700,000)         (1,400,000)        
Statements of Cash Flow Information, Business Acquisition                        
Operating activities             1,400,000 [6]          
Cash consideration to Seller         1,816,000,000   2,257,400,000 [1]          
Financing activities (6,700,000) 105,000,000 10,800,000       424,300,000 [6]          
Total cash used             2,683,100,000          
Non-cash convertible note issued upon close of the Acquisition 0 645,900,000 0       645,900,000 [7]       645,900,000  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net         $ 3,428,000,000              
[1] Includes $1,816.0 million of cash consideration to the Seller for shares acquired and release of StarBev's pre-existing obligations to the Seller. Also, included is $585.0 million of pre-existing third-party debt immediately repaid in accordance with our agreement with the Seller and the terms of the senior debt facility agreement. This amount is presented net of cash acquired of $143.6 million.
[2] According to our agreement with the Seller and in accordance with the terms of the senior debt facility agreement, upon the closing of the Acquisition, we immediately repaid pre-existing StarBev third-party debt including accrued interest.
[3] We issued a €500 million Zero Coupon Senior Unsecured Convertible Note due 2013 to the Seller upon close of the Acquisition. See Note 13, "Debt" for further discussion.
[4] Consists of $143.6 million of cash acquired and $101.3 million of bank overdrafts assumed as part of Central Europe's cash pool arrangement and repaid during the third quarter of 2012.
[5] We assumed the pre-existing StarBev $423.4 million SDPO payable to third-party creditors, which we subsequently repaid on June 29, 2012, in accordance with the terms of the SDPO agreement. The SDPO was held by private investors and accrued interest at 11%. The settlement of the SDPO was not required by our agreement with the Seller.
[6] Includes the SDPO discussed above, which was assumed in the Acquisition and was subsequently repaid on June 29, 2012, for $425.7 million including the $1.4 million of interest incurred subsequent to the close of the Acquisition noted as "Operating activities" in the table above.
[7] Reflects the $645.9 million fair value of the €500 million Zero Coupon Senior Unsecured Convertible Note issued to the Seller upon close of the Acquisition. See Note 13, "Debt" for further discussion.