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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Sales $ 3,517.4 $ 3,435.4 $ 9,662.1 $ 9,255.5
Excise taxes (582.2) (612.7) (1,590.6) (1,595.0)
Net sales 2,935.2 2,822.7 8,071.5 7,660.5
Cost of goods sold (1,951.5) (1,629.1) (5,340.0) (4,464.4)
Gross profit 983.7 1,193.6 2,731.5 3,196.1
Marketing, general and administrative expenses (660.0) (664.8) (2,043.3) (1,889.4)
Special items, net 5.3 2.6 (22.9) (17.3)
Equity income (loss) 1.1 0.0 3.7 0.0
Operating income (loss) 330.1 531.4 669.0 1,289.4
Interest income (expense), net (58.7) (63.3) (188.6) (196.5)
Other pension and postretirement benefits (costs), net 14.8 12.9 35.7 38.9
Other income (expense), net (13.2) (0.4) (14.5) (2.3)
Income (loss) before income taxes 273.0 480.6 501.6 1,129.5
Income tax benefit (expense) (54.9) (26.8) (98.3) (203.4)
Net income (loss) 218.1 453.8 403.3 926.1
Net (income) loss attributable to noncontrolling interests (1.7) (0.8) 11.9 (0.4)
Net income (loss) attributable to Molson Coors Beverage Company $ 216.4 $ 453.0 $ 415.2 $ 925.7
Net income (loss) attributable to Molson Coors Beverage Company per share        
Basic (in dollars per share) $ 1.00 $ 2.09 $ 1.91 $ 4.26
Diluted (in dollars per share) $ 0.99 $ 2.08 $ 1.91 $ 4.26
Weighted-average shares outstanding        
Basic (in shares) 216.8 217.2 217.0 217.1
Dilutive effect of share-based awards (in shares) 0.8 0.4 0.7 0.4
Diluted (in shares) 217.6 217.6 217.7 217.5
Share-based payment arrangement        
Weighted-average shares outstanding        
Anti-dilutive securities excluded from the computation of diluted EPS (in shares) 0.8 1.8 0.9 1.8