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Segment Reporting
 9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting
Our reporting segments are based on the key geographic regions in which we operate, which are the basis on which our chief operating decision maker evaluates the performance of the business. Our reporting segments consist of Canada, the U.S., Europe and MCI. Corporate is not a segment and primarily includes interest and certain other general and administrative costs that are not allocated to any of the operating segments. No single customer accounted for more than 10% of our consolidated sales for the three and nine months ended September 30, 2015, and September 30, 2014, respectively. Net sales represent sales to third-party external customers. Inter-segment transactions impacting sales revenues and income (loss) from continuing operations before income taxes are insignificant (other than those with MillerCoors, see Note 4, "Investments" for additional detail) and eliminated in consolidation.
The following table presents net sales by segment:
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2015
 
September 30, 2014
 
September 30, 2015
 
September 30, 2014
 
(In millions)
Canada
$
411.2

 
$
507.2

 
$
1,169.6

 
$
1,370.8

Europe
566.0

 
618.7

 
1,448.7

 
1,685.7

MCI
41.3

 
43.4

 
107.6

 
119.3

Corporate
0.3

 
0.2

 
0.8

 
0.9

Eliminations(1)
(1.4
)
 
(1.5
)
 
(3.6
)
 
(4.2
)
         Consolidated
$
1,017.4

 
$
1,168.0

 
$
2,723.1

 
$
3,172.5


(1)
Represents inter-segment sales from the Europe segment to the MCI segment.
The following table presents income (loss) from continuing operations before income taxes by segment:
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2015
 
September 30, 2014
 
September 30, 2015
 
September 30, 2014
 
(In millions)
Canada
$
91.8

 
$
121.5

 
$
228.8

 
$
330.6

U.S. 
135.3

 
158.9

 
470.1

 
471.8

Europe
(183.2
)
 
(255.1
)
 
(138.3
)
 
(143.6
)
MCI
(2.1
)
 
(2.7
)
 
(19.7
)
 
(9.4
)
Corporate
(56.8
)
 
(55.8
)
 
(172.4
)
 
(183.7
)
         Consolidated
$
(15.0
)
 
$
(33.2
)
 
$
368.5

 
$
465.7


The variances in the above table include the impact of special items. Refer to Note 6, "Special Items" for further discussion.
The following table presents total assets by segment:
 
As of
 
September 30, 2015
 
December 31, 2014(1)
 
(In millions)
Canada
$
4,766.9


$
5,537.2

U.S. 
2,440.7


2,388.6

Europe
5,060.5


5,773.3

MCI
133.4


75.2

Corporate
243.8


205.8

         Consolidated
$
12,645.3


$
13,980.1


(1)
Amounts have been adjusted to reflect the adoption of the authoritative guidance requiring debt issuance costs to be presented as a direct reduction from the carrying value of the related debt. See Note 2, "New Accounting Pronouncements" for further discussion.