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Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Net sales by segment
The following table presents net sales by segment:
 
Three Months Ended
 
Six Months Ended
 
June 30, 2015
 
June 30, 2014
 
June 30, 2015
 
June 30, 2014
 
(In millions)
Canada
$
444.9

 
$
516.5

 
$
758.4

 
$
863.6

Europe
524.8

 
629.4

 
882.7

 
1,067.0

MCI
37.2

 
43.7

 
66.3

 
75.9

Corporate
0.1

 
0.4

 
0.5

 
0.7

Eliminations(1)
(1.3
)
 
(1.5
)
 
(2.2
)
 
(2.7
)
         Consolidated
$
1,005.7

 
$
1,188.5

 
$
1,705.7

 
$
2,004.5


(1)
Represents inter-segment sales from the Europe segment to the MCI segment.
Income (loss) from continuing operations before income taxes by segment
The following table presents income (loss) from continuing operations before income taxes by segment:
 
Three Months Ended
 
Six Months Ended
 
June 30, 2015
 
June 30, 2014
 
June 30, 2015
 
June 30, 2014
 
(In millions)
Canada(1)
$
106.1

 
$
120.8

 
$
137.0

 
$
209.1

U.S. 
205.5

 
190.1

 
334.8

 
312.9

Europe(2)
49.0

 
84.5

 
44.9

 
111.5

MCI(3)
(12.2
)
 
(3.7
)
 
(17.6
)
 
(6.7
)
Corporate
(58.4
)
 
(62.4
)
 
(115.6
)
 
(127.9
)
         Consolidated
$
290.0

 
$
329.3

 
$
383.5

 
$
498.9


(1)
Results for the six months ended June 30, 2014, include $63.2 million of income related to the termination of our Modelo Molson Imports, L.P. ("MMI") joint venture in Canada. See Note 4, "Investments" for further discussion. Results for the three and six months ended June 30, 2015, included $8.2 million of charges related to the closure of a bottling line within our Toronto brewery as part of a strategic review of our Canadian supply chain network. See Note 6, "Special Items" for further discussion.
(2)
Results for the three and six months ended June 30, 2015, include charges associated with the closure of one of our U.K. breweries of $9.3 million and $21.1 million for the three and six months ended June 30, 2015, respectively. See Note 6, "Special Items" for further discussion.
Additionally, included in Europe results for the three and six months ended June 30, 2015, are termination charges of $29.4 million partially offset by termination fee income of $19.4 million. See Note 6, "Special Items" for further discussion. Further, results for the six months ended June 30, 2014, include a gain of $13.0 million related to the release of an indirect-tax reserve, inclusive of accrued interest. See Note 15, "Commitments and Contingencies" for further discussion.
(3)
Results for both the three and six months ended June 30, 2015, include $6.4 million of charges related to our decision to substantially restructure our business in China. See Note 6, "Special Items" for further discussion.
Total assets by segment
The following table presents total assets by segment:
 
As of
 
June 30, 2015
 
December 31, 2014
 
(In millions)
Canada
$
5,121.2


$
5,537.2

U.S. 
2,452.9


2,388.6

Europe
5,412.4


5,773.3

MCI
135.5


75.2

Corporate
275.2


222.0

         Consolidated
$
13,397.2


$
13,996.3