XML 40 R43.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investments Financials (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 30, 2013
Dec. 31, 2013
Equity Method Investment, Summarized Financial Information, Liabilities and Equity [Abstract]      
Total equity $ 8,624.7   $ 8,663.8
MillerCoors
     
Condensed balance sheets      
Current assets 995.1   798.4
Noncurrent assets 8,958.7   8,989.3
Total assets 9,953.8   9,787.7
Current liabilities 933.4   950.1
Noncurrent liabilities 1,288.6   1,346.2
Total liabilities 2,222.0   2,296.3
Noncontrolling interests 20.9   20.7
Owners' equity 7,710.9   7,470.7
Total liabilities and equity 9,953.8   9,787.7
Equity Method Investment, Summarized Financial Information, Liabilities and Equity [Abstract]      
Total equity 7,710.9   7,470.7
MCBC economic interest 42.00% 42.00% 42.00%
MCBC proportionate share of MillerCoors equity 3,238.6   3,137.7
Difference between MCBC contributed cost basis and proportional share of the underlying equity in net assets of MillerCoors (665.1) [1]   (666.2) [1]
Investment in MillerCoors 2,608.5   2,506.5
Results of operations      
Net sales 1,790.4 1,788.3  
Cost of goods sold (1,094.1) (1,088.7)  
Gross profit 696.3 699.6  
Operating income 297.5 274.5  
Net income attributable to MillerCoors 291.2 271.9  
Special charges, restructuring 0    
Parent [Member]
     
Equity Method Investment, Summarized Financial Information, Liabilities and Equity [Abstract]      
Equity Method Investment, Difference From Accounting Policy Elections $ 35.0   $ 35.0
[1] Our net investment in MillerCoors is based on the carrying values of the net assets contributed to the joint venture which is less than our proportionate share of underlying equity (42%) of MillerCoors (contributed by both Coors Brewing Company ("CBC") and Miller Brewing Company ("Miller")). This basis difference, with the exception of certain non-amortizing items (goodwill, land, etc.), is being amortized as additional equity income over the remaining useful lives of the contributed long-lived amortizing assets.