XML 89 R78.htm IDEA: XBRL DOCUMENT v3.5.0.2
Supplemental Guarantor Information Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2016
Jun. 30, 2016
Jun. 30, 2015
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS      
Net cash provided by operating activities   $ 264.4 $ 198.1
Cash flows from investing activities:      
Additions to properties   (121.6) (139.8)
Proceeds from sales of properties and other assets   144.6 7.5
Acquisition of businesses, net of cash acquired   0.0 (51.1)
Investment in MillerCoors   (810.6) (758.1)
Return of capital from MillerCoors   731.1 692.9
Other   (4.1) (9.5)
Net cash provided by investing activities   (60.6) (258.1)
Cash flows from financing activities:      
Proceeds from issuance of common stock, net $ 2,500.0 2,525.9 0.0
Exercise of stock options under equity compensation plans   5.4 28.6
Excess tax benefits from share-based compensation   4.4 7.6
Dividends paid   (176.5) (152.3)
Payments for purchase of Treasury Stock   0.0 (50.1)
Debt issuance costs   15.0 0.0
Payments on debt and borrowings   (17.9) (14.6)
Net proceeds from (payments on) revolving credit facilities and commercial paper   2.5 67.2
Change in overdraft balances and other   (3.9) (39.0)
Net cash provided by (used in) financing activities   2,356.6 (124.7)
Cash and cash equivalents:      
Net increase (decrease) in cash and cash equivalents   2,560.4 (184.7)
Effect of foreign exchange rate changes on cash and cash equivalents   (1.0) (26.1)
Balance at beginning of year 430.9 430.9 624.6
Balance at end of period   2,990.3 413.8
Parent Guarantor and 2012 Issuer [Member]      
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS      
Net cash provided by operating activities   167.4 192.2
Cash flows from investing activities:      
Additions to properties   (10.2) (6.4)
Proceeds from sales of properties and other assets   0.0 0.0
Acquisition of businesses, net of cash acquired     0.0
Investment in MillerCoors   0.0 0.0
Return of capital from MillerCoors   0.0 0.0
Other   0.9 0.0
Net intercompany investing activity   (1.1) (56.2)
Net cash provided by investing activities   (10.4) (62.6)
Cash flows from financing activities:      
Proceeds from issuance of common stock, net   2,525.9  
Exercise of stock options under equity compensation plans   5.4 28.6
Excess tax benefits from share-based compensation   4.4 7.6
Dividends paid   (161.1) (136.0)
Payments for purchase of Treasury Stock     (50.1)
Debt issuance costs   15.0  
Payments on debt and borrowings   0.0 0.0
Proceeds on debt and borrowings   0.0 0.0
Net proceeds from (payments on) revolving credit facilities and commercial paper   0.0 64.9
Change in overdraft balances and other   (0.4) (0.4)
Net intercompany financing activity   0.0 0.0
Net cash provided by (used in) financing activities   2,359.2 (85.4)
Cash and cash equivalents:      
Net increase (decrease) in cash and cash equivalents   2,516.2 44.2
Effect of foreign exchange rate changes on cash and cash equivalents   0.0 0.0
Balance at beginning of year 146.4 146.4 40.9
Balance at end of period   2,662.6 85.1
Subsidiary Guarantors [Member]      
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS      
Net cash provided by operating activities   92.8 252.2
Cash flows from investing activities:      
Additions to properties   (35.9) (40.9)
Proceeds from sales of properties and other assets   142.1 0.5
Acquisition of businesses, net of cash acquired     0.0
Investment in MillerCoors   (810.6) (758.1)
Return of capital from MillerCoors   731.1 692.9
Other   1.3 (2.4)
Net intercompany investing activity   (39.7) (173.8)
Net cash provided by investing activities   (11.7) (281.8)
Cash flows from financing activities:      
Proceeds from issuance of common stock, net   0.0  
Exercise of stock options under equity compensation plans   0.0 0.0
Excess tax benefits from share-based compensation   0.0 0.0
Dividends paid   (40.3) (246.3)
Payments for purchase of Treasury Stock     0.0
Debt issuance costs   0.0  
Payments on debt and borrowings   0.0 0.0
Proceeds on debt and borrowings   0.0 0.0
Net proceeds from (payments on) revolving credit facilities and commercial paper   0.0 0.0
Change in overdraft balances and other   0.0 (0.3)
Net intercompany financing activity   (2.0) (240.7)
Net cash provided by (used in) financing activities   (38.3) (5.9)
Cash and cash equivalents:      
Net increase (decrease) in cash and cash equivalents   42.8 (35.5)
Effect of foreign exchange rate changes on cash and cash equivalents   3.9 (11.3)
Balance at beginning of year 106.2 106.2 173.2
Balance at end of period   152.9 126.4
Subsidiary Non Guarantors [Member]      
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS      
Net cash provided by operating activities   44.5 0.0
Cash flows from investing activities:      
Additions to properties   (75.5) (92.5)
Proceeds from sales of properties and other assets   2.5 7.0
Acquisition of businesses, net of cash acquired     (51.1)
Investment in MillerCoors   0.0 0.0
Return of capital from MillerCoors   0.0 0.0
Other   (6.3) (7.1)
Net intercompany investing activity   (0.9) (184.5)
Net cash provided by investing activities   (80.2) (328.2)
Cash flows from financing activities:      
Proceeds from issuance of common stock, net   0.0  
Exercise of stock options under equity compensation plans   0.0 0.0
Excess tax benefits from share-based compensation   0.0 0.0
Dividends paid   (15.4) (16.3)
Payments for purchase of Treasury Stock     0.0
Debt issuance costs   0.0  
Payments on debt and borrowings   (17.9) (14.6)
Proceeds on debt and borrowings   31.7 27.9
Net proceeds from (payments on) revolving credit facilities and commercial paper   2.5 2.3
Change in overdraft balances and other   (3.5) (38.3)
Net intercompany financing activity   (39.7) (173.8)
Net cash provided by (used in) financing activities   37.1 134.8
Cash and cash equivalents:      
Net increase (decrease) in cash and cash equivalents   1.4 (193.4)
Effect of foreign exchange rate changes on cash and cash equivalents   (4.9) (14.8)
Balance at beginning of year 178.3 178.3 410.5
Balance at end of period   174.8 202.3
Consolidated [Member]      
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS      
Net cash provided by operating activities   264.4 198.1
Cash flows from investing activities:      
Additions to properties   (121.6) (139.8)
Proceeds from sales of properties and other assets   144.6 7.5
Acquisition of businesses, net of cash acquired     (51.1)
Investment in MillerCoors   (810.6) (758.1)
Return of capital from MillerCoors   731.1 692.9
Other   (4.1) (9.5)
Net intercompany investing activity   0.0 0.0
Net cash provided by investing activities   (60.6) (258.1)
Cash flows from financing activities:      
Proceeds from issuance of common stock, net   2,525.9  
Exercise of stock options under equity compensation plans   5.4 28.6
Excess tax benefits from share-based compensation   4.4 7.6
Dividends paid   (176.5) (152.3)
Payments for purchase of Treasury Stock     (50.1)
Debt issuance costs   15.0  
Payments on debt and borrowings   (17.9) (14.6)
Proceeds on debt and borrowings   31.7 27.9
Net proceeds from (payments on) revolving credit facilities and commercial paper   2.5 67.2
Change in overdraft balances and other   (3.9) (39.0)
Net intercompany financing activity   0.0 0.0
Net cash provided by (used in) financing activities   2,356.6 (124.7)
Cash and cash equivalents:      
Net increase (decrease) in cash and cash equivalents   2,560.4 (184.7)
Effect of foreign exchange rate changes on cash and cash equivalents   (1.0) (26.1)
Balance at beginning of year 430.9 430.9 624.6
Balance at end of period   2,990.3 413.8
Consolidation, Eliminations [Member]      
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS      
Net cash provided by operating activities   (40.3) (246.3)
Cash flows from investing activities:      
Additions to properties   0.0 0.0
Proceeds from sales of properties and other assets   0.0 0.0
Acquisition of businesses, net of cash acquired     0.0
Investment in MillerCoors   0.0 0.0
Return of capital from MillerCoors   0.0 0.0
Other   0.0 0.0
Net intercompany investing activity   41.7 414.5
Net cash provided by investing activities   41.7 414.5
Cash flows from financing activities:      
Proceeds from issuance of common stock, net   0.0  
Exercise of stock options under equity compensation plans   0.0 0.0
Excess tax benefits from share-based compensation   0.0 0.0
Dividends paid   40.3 246.3
Payments for purchase of Treasury Stock     0.0
Debt issuance costs   0.0  
Payments on debt and borrowings   0.0 0.0
Proceeds on debt and borrowings   0.0 0.0
Net proceeds from (payments on) revolving credit facilities and commercial paper   0.0 0.0
Change in overdraft balances and other   0.0 0.0
Net intercompany financing activity   41.7 414.5
Net cash provided by (used in) financing activities   (1.4) (168.2)
Cash and cash equivalents:      
Net increase (decrease) in cash and cash equivalents   0.0 0.0
Effect of foreign exchange rate changes on cash and cash equivalents   0.0 0.0
Balance at beginning of year $ 0.0 0.0 0.0
Balance at end of period   $ 0.0 $ 0.0