XML 107 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 624.6us-gaap_CashAndCashEquivalentsAtCarryingValue $ 442.3us-gaap_CashAndCashEquivalentsAtCarryingValue
Trade, less allowance for doubtful accounts of $11.5 and $13.6, respectively 488.9us-gaap_AccountsReceivableNetCurrent 572.8us-gaap_AccountsReceivableNetCurrent
Affiliate receivables 38.8us-gaap_DueFromRelatedPartiesCurrent 30.8us-gaap_DueFromRelatedPartiesCurrent
Other receivables, less allowance for doubtful accounts of $0.8 and $1.1, respectively 94.0us-gaap_AccountsNotesAndLoansReceivableNetCurrent 124.4us-gaap_AccountsNotesAndLoansReceivableNetCurrent
Inventories:    
Finished 135.3us-gaap_InventoryFinishedGoods 133.2us-gaap_InventoryFinishedGoods
In process 20.7us-gaap_InventoryWorkInProcess 23.3us-gaap_InventoryWorkInProcess
Raw materials 34.5us-gaap_InventoryRawMaterialsAndSupplies 36.9us-gaap_InventoryRawMaterialsAndSupplies
Packaging materials 11.7us-gaap_OtherInventorySupplies 11.9us-gaap_OtherInventorySupplies
Total inventories 202.2us-gaap_InventoryNet 205.3us-gaap_InventoryNet
Maintenance and operating supplies, less allowance for obsolete supplies of $5.0 and $6.8, respectively 24.0tap_MaintenanceAndOperatingSuppliesNetCurrent 29.6tap_MaintenanceAndOperatingSuppliesNetCurrent
Other current assets 79.2us-gaap_OtherAssetsCurrent 82.1us-gaap_OtherAssetsCurrent
Deferred tax assets 27.2us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent 50.4us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent
Total current assets 1,578.9us-gaap_AssetsCurrent 1,537.7us-gaap_AssetsCurrent
Properties, less accumulated depreciation of $1,343.2 and $1,458.7, respectively 1,798.0us-gaap_PropertyPlantAndEquipmentNet 1,970.1us-gaap_PropertyPlantAndEquipmentNet
Goodwill 2,191.6us-gaap_Goodwill 2,418.7us-gaap_Goodwill
Other intangibles, less accumulated amortization of $359.6 and $513.7, respectively 5,755.8us-gaap_IntangibleAssetsNetExcludingGoodwill 6,825.1us-gaap_IntangibleAssetsNetExcludingGoodwill
Investment in MillerCoors 2,388.6tap_InvestmentInEquityMethodInvestment 2,506.5tap_InvestmentInEquityMethodInvestment
Deferred tax assets 58.2us-gaap_DeferredTaxAssetsNetNoncurrent 38.3us-gaap_DeferredTaxAssetsNetNoncurrent
Notes receivable, less allowance for doubtful accounts of $1.6 and $2.8, respectively 21.6us-gaap_NotesAndLoansReceivableNetNoncurrent 23.6us-gaap_NotesAndLoansReceivableNetNoncurrent
Other assets 203.6us-gaap_OtherAssetsNoncurrent 260.1us-gaap_OtherAssetsNoncurrent
Total assets 13,996.3us-gaap_Assets 15,580.1us-gaap_Assets
Current liabilities:    
Accounts payable and other current liabilities (includes affiliate payable amounts of $21.4 and $22.8, respectively) 1,305.0us-gaap_AccountsPayableAndOtherAccruedLiabilitiesCurrent 1,429.6us-gaap_AccountsPayableAndOtherAccruedLiabilitiesCurrent
Deferred tax liabilities 164.8us-gaap_DeferredTaxLiabilitiesCurrent 138.1us-gaap_DeferredTaxLiabilitiesCurrent
Current portion of long-term debt and short-term borrowings 849.4us-gaap_DebtCurrent 586.9us-gaap_DebtCurrent
Discontinued operations 6.1us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent 6.8us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total current liabilities 2,325.3us-gaap_LiabilitiesCurrent 2,161.4us-gaap_LiabilitiesCurrent
Long-term debt 2,337.1us-gaap_LongTermDebtNoncurrent 3,213.0us-gaap_LongTermDebtNoncurrent
Pension and postretirement benefits 542.9us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 462.6us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
Deferred tax liabilities 784.3us-gaap_DeferredTaxLiabilitiesGrossNoncurrent 911.4us-gaap_DeferredTaxLiabilitiesGrossNoncurrent
Unrecognized tax benefits 25.4tap_UnrecognizedTaxBenefitsNetNoncurrent 107.1tap_UnrecognizedTaxBenefitsNetNoncurrent
Other liabilities 79.7us-gaap_OtherLiabilitiesNoncurrent 77.2us-gaap_OtherLiabilitiesNoncurrent
Discontinued operations 15.5us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent 17.3us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
Total liabilities 6,110.2us-gaap_Liabilities 6,950.0us-gaap_Liabilities
Commitments and contingencies      
Capital stock:    
Preferred stock, no par value (authorized: 25.0 shares; none issued) 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Paid-in capital 3,871.2us-gaap_AdditionalPaidInCapital 3,747.6us-gaap_AdditionalPaidInCapital
Retained earnings 4,439.9us-gaap_RetainedEarningsAccumulatedDeficit 4,199.5us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income (loss) (898.4)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 154.9us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Class B common stock held in treasury at cost (7.5 shares and 7.5 shares, respectively) (321.1)us-gaap_TreasuryStockValue (321.1)us-gaap_TreasuryStockValue
Total Molson Coors Brewing Company stockholders' equity 7,863.3us-gaap_StockholdersEquity 8,605.2us-gaap_StockholdersEquity
Noncontrolling interests 22.8us-gaap_MinorityInterest 24.9us-gaap_MinorityInterest
Total equity 7,886.1us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 8,630.1us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity 13,996.3us-gaap_LiabilitiesAndStockholdersEquity 15,580.1us-gaap_LiabilitiesAndStockholdersEquity
Class A common stock, voting    
Capital stock:    
Common stock - Class A, $0.01 par value (authorized: 500.0 shares; issued and outstanding: 2.6 shares and 2.6 shares, respectively); Class B, $0.01 par value (authorized: 500.0 shares; issued and outstanding: 169.9 shares and 167.2 shares, respectively) 0us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
0us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Total equity 0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Class B common stock, non-voting    
Capital stock:    
Common stock - Class A, $0.01 par value (authorized: 500.0 shares; issued and outstanding: 2.6 shares and 2.6 shares, respectively); Class B, $0.01 par value (authorized: 500.0 shares; issued and outstanding: 169.9 shares and 167.2 shares, respectively) 1.7us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
1.7us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
Total equity 1.7us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
1.7us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
Class A exchangeable shares    
Capital stock:    
Exchangeable shares - Class A, no par value (issued and outstanding: 2.9 shares and 2.9 shares, respectively); Class B, no par value (issued and outstanding: 17.6 shares and 19.0 shares, respectively) 108.5tap_ExchangeableStockValue
/ us-gaap_StatementClassOfStockAxis
= tap_ClassExchangeableSharesMember
108.5tap_ExchangeableStockValue
/ us-gaap_StatementClassOfStockAxis
= tap_ClassExchangeableSharesMember
Total equity 108.5us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= tap_ClassExchangeableSharesMember
108.5us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= tap_ClassExchangeableSharesMember
Class B exchangeable shares    
Capital stock:    
Exchangeable shares - Class A, no par value (issued and outstanding: 2.9 shares and 2.9 shares, respectively); Class B, no par value (issued and outstanding: 17.6 shares and 19.0 shares, respectively) 661.5tap_ExchangeableStockValue
/ us-gaap_StatementClassOfStockAxis
= tap_ClassBExchangeableSharesMember
714.1tap_ExchangeableStockValue
/ us-gaap_StatementClassOfStockAxis
= tap_ClassBExchangeableSharesMember
Total equity $ 661.5us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= tap_ClassBExchangeableSharesMember
$ 714.1us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= tap_ClassBExchangeableSharesMember