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SCHEDULE II
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
SCHEDULE II
SCHEDULE II
MOLSON COORS BEVERAGE COMPANY AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
(IN MILLIONS)
Balance at
beginning
of year		Additions
charged to
costs and
expenses		DeductionsForeign
exchange
impact		Balance at
end of year
Deferred tax valuation allowance
     
Year ended:     
December 31, 2024$61.9 $29.3 $(9.6)$(1.7)$79.9 
December 31, 2023$57.2 $13.2 $(10.2)$1.7 $61.9 
December 31, 2022$60.7 $20.6 $(23.0)$(1.1)$57.2 
Additional amounts related to the deferred tax valuation allowance are primarily due to the valuation allowance that was recorded on deferred tax assets in the third quarter of 2024 related to the sale of certain of our U.S. craft businesses. The sale resulted in the realization of a capital loss for U.S. tax purposes. We believe it is more likely than not that the deferred tax asset generated by the capital loss will not be recognized, and as a result, a $20.0 million valuation allowance was recorded for the twelve months ended December 31, 2024. Deduction amounts are primarily due to the re-evaluation of deferred tax assets.
The impacts of changes in income tax rates on deferred tax valuation allowances are reported in the additions or deductions column accordingly.