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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Sales $ 12,449.9 $ 11,723.8 $ 13,009.1
Excise taxes (2,170.2) (2,069.8) (2,429.7)
Net sales 10,279.7 9,654.0 10,579.4
Cost of goods sold (6,226.3) (5,885.7) (6,378.2)
Gross profit 4,053.4 3,768.3 4,201.2
Marketing, general and administrative expenses (2,554.5) (2,437.0) (2,728.0)
Special items, net (44.5) (1,740.2) (708.8)
Operating income (loss) 1,454.4 (408.9) 764.4
Other income (expense), net      
Interest expense (260.3) (274.6) (280.9)
Interest income 2.0 3.3 8.2
Other pension and postretirement benefits (costs), net 46.4 30.3 2.9
Other income (expense), net (3.5) 6.0 (14.7)
Total other income (expense), net (215.4) (235.0) (284.5)
Income (loss) before income taxes 1,239.0 (643.9) 479.9
Income tax benefit (expense) (230.5) (301.8) (233.7)
Net income (loss) 1,008.5 (945.7) 246.2
Net (income) loss attributable to noncontrolling interests (2.8) (3.3) (4.5)
Net income (loss) attributable to Molson Coors Beverage Company $ 1,005.7 $ (949.0) $ 241.7
Basic net income (loss) attributable to Molson Coors Beverage Company per share:      
Basic (in dollars per share) $ 4.63 $ (4.38) $ 1.12
Diluted net income (loss) attributable to Molson Coors Beverage Company per share:      
Diluted (in dollars per share) $ 4.62 $ (4.38) $ 1.11
Weighted average shares outstanding, basic:      
Basic (in shares) 217.1 216.8 216.6
Weighted average shares outstanding, diluted:      
Dilutive effect of share-based awards (in shares) 0.5 0.0 0.3
Diluted (in shares) 217.6 216.8 216.9
Share-based payment arrangement      
Weighted average shares outstanding, diluted:      
Anti-dilutive securities excluded from computation of diluted EPS (in shares) 1.8 2.7 1.3