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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income (loss) including noncontrolling interests $ 362.8 $ 517.8 $ 572.5
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 314.4 313.0 320.5
Amortization of debt issuance costs and discounts 11.1 7.0 20.3
Share-based compensation 18.4 23.5 19.5
(Gain) loss on sale or impairment of properties and other assets, net 274.7 375.5 164.0
Equity income in MillerCoors (516.3) (561.8) (539.0)
Distributions from MillerCoors 516.3 561.8 539.0
Equity in net (income) loss of other unconsolidated affiliates (4.5) 1.7 (19.1)
Distributions from other unconsolidated affiliates 0.0 15.4 13.0
Excess tax benefits from share-based compensation (10.0) (8.2) (7.7)
Unrealized (gain) loss on foreign currency fluctuations and derivative instruments, net 16.7 12.2 8.4
Income tax (benefit) expense 51.8 69.0 84.0
Current Income Tax Expense (Benefit) 153.1 68.8 101.6
Income tax (paid) received (134.1) (93.1) (107.8)
Interest expense, excluding interest amortization 116.1 138.0 163.5
Interest (paid) received (98.9) (136.3) (163.8)
Pension expense 15.3 21.0 51.1
Pension contributions (paid) (256.1) (33.6) (113.1)
Change in current assets and liabilities (net of impact of business combinations) and other:      
Receivables 60.8 22.3 70.4
Inventories 10.9 (16.5) 4.2
Payables and other current liabilities (111.0) 75.3 185.1
Other assets and other liabilities 61.9 (30.9) (94.8)
(Gain) loss from discontinued operations (3.9) (0.5) (2.0)
Net cash provided by operating activities 696.4 1,272.6 1,168.2
Cash flows from investing activities:      
Additions to properties (275.0) (259.5) (293.9)
Proceeds from sales of properties and other assets 11.8 8.8 53.6
Acquisition of businesses, net of cash acquired (91.2) 0.0 0.0
Proceeds from sale of business 8.7 0.0 0.0
Investment in MillerCoors (1,442.7) (1,388.1) (1,186.5)
Return of capital from MillerCoors 1,441.1 1,382.5 1,146.0
Other 12.6 16.9 3.8
Net cash provided by (used in) investing activities (334.7) (239.4) (277.0)
Cash flows from financing activities:      
Exercise of stock options under equity compensation plans 34.6 44.4 88.8
Excess tax benefits from share-based compensation 10.0 8.2 7.7
Dividends paid (303.4) (273.6) (234.6)
Payments for purchase of treasury stock (150.1) 0.0 0.0
Payments on debt and borrowings (701.4) (74.4) (1,332.2)
Proceeds on debt and borrowings 703.3 4.8 15.0
Debt issuance costs (61.8) (1.9) (0.4)
Payments on settlement of derivative instruments 0.0 (65.2) (119.4)
Net proceeds from (payments on) revolving credit facilities and commercial paper 3.9 (513.9) 507.4
Change in overdraft balances and other (47.1) 69.6 8.5
Net cash provided by (used in) financing activities (512.0) (802.0) (1,059.2)
Cash and cash equivalents:      
Net increase (decrease) in cash and cash equivalents (150.3) 231.2 (168.0)
Effect of foreign exchange rate changes on cash and cash equivalents (43.4) (48.9) (13.7)
Balance at beginning of year 430.9 624.6 442.3
Balance at end of year $ 430.9 $ 624.6 $ 442.3