Commitments and Contingencies Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2017

Commitments and Contingencies Disclosure [Abstract]

Schedule Supply Contracts

We have various long-term supply contracts and distribution agreements with unaffiliated third parties and our joint venture partners to purchase materials used in production and packaging and to provide distribution services. The supply contracts provide that we purchase certain minimum levels of materials throughout the terms of the contracts. Additionally, we have various long-term non-cancelable commitments for advertising, sponsorships and promotions, including marketing at sports arenas, stadiums and other venues and events. The future aggregate minimum required commitments under these purchase obligations are shown in the table below based on foreign exchange rates as of December 31, 2017. The amounts in the table do not represent all anticipated payments under long-term contracts. Rather, they represent unconditional, non-cancelable purchase commitments under contracts with remaining terms greater than one year.

Year	Supply and Distribution		Advertising and Promotions
	(Amounts in millions)
2018	$	486.6	$	289.6
2019	460.4		221.3
2020	382.0		98.9
2021	325.5		70.2
2022	287.1		54.5
Thereafter	220.1		171.8
Total	$	2,161.7	$	906.3

Total purchases under our supply and distribution contracts in 2017, 2016 and 2015 were approximately $1.2 billion, $910.7 million and $918.7 million, respectively. Total advertising expense was approximately $1.3 billion, $644.1 million and $401.6 million in 2017, 2016 and 2015, respectively. Prepaid advertising costs of $41.1 million and $36.1 million, were included in other current assets in the consolidated balance sheets at December 31, 2017, and December 31, 2016, respectively.

Schedule of Future Minimum Rental Payments for Operating Leases

We lease certain office facilities and operating equipment under cancelable and non-cancelable agreements accounted for as operating leases. Additionally, we lease certain buildings and equipment which are accounted for as capital leases. Gross assets recorded under capital leases as of December 31, 2017, and December 31, 2016, were $71.4 million and $35.9 million, respectively. The associated accumulated amortization on these assets as of December 31, 2017, and December 31, 2016, was $9.0 million and $3.3 million, respectively. These amounts are recorded within properties on the consolidated balance sheets. Based on foreign exchange rates as of December 31, 2017, future minimum lease payments under operating leases that have initial or remaining non-cancelable terms in excess of one year, as well as capital leases, are as follows:

Year	Operating Leases		Capital Leases
	(Amounts in millions)
2018	$	54.2	$	4.1
2019	39.2		4.2
2020	38.0		34.3
2021	17.3		4.0
2022	8.7		4.0
Thereafter	19.1		61.6
Total future minimum lease payments	$	176.5	$	112.2
Less: Interest on capital leases			(38.5		)
Present value of future minimum capital lease payments(1)			$	73.7

(1) Includes current portion of $2.1 million. Current and non-current capital lease obligations are recorded within accounts payable and other current liabilities, and other liabilities on the consolidated balance sheets, respectively.

Total rent expense was $64.1 million, $36.6 million and $30.6 million in 2017, 2016 and 2015, respectively.

Summary of Reserves Associated with Indemnity Obligations

The table below provides a summary of reserves associated with the Kaiser indemnity obligations from December 31, 2014, through December 31, 2017:

	Total indemnity reserves
	(In millions)
Balance at December 31, 2014	$	21.6
Changes in estimates	—
Foreign exchange impacts	(7.2		)
Balance at December 31, 2015	$	14.4
Changes in estimates	—
Foreign exchange impacts	3.2
Balance at December 31, 2016	$	17.6
Changes in estimates	—
Foreign exchange impacts	(0.3		)
Balance at December 31, 2017	$	17.3

Schedule of Income (Loss) From Discontinued Operations