Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Income (Loss) Before Income Taxes by Segment

The following tables present net sales and other activity by segment to arrive at income (loss) before income taxes as well as a reconciliation of amounts shown as income (loss) before income taxes to net income (loss) attributable to MCBC.

	Year ended December 31, 2024
	Americas		EMEA&APAC		Unallocated		Inter-segment net sales eliminations		Consolidated
	(In millions)
Net sales	$	9,240.2	$	2,411.1	$	—	$	(24.3)	$	11,627.0
Cost of goods sold	(5,561.8)		(1,588.9)		32.8		24.3		(7,093.6)
Marketing and sales expenses	(1,103.8)		(252.7)		—		—		(1,356.5)
General and administrative expenses	(985.8)		(375.2)		—		—		(1,361.0)
Other operating income (expense), net	(71.3)		5.9		—		—		(65.4)
Equity income (loss)	2.7		—		—		—		2.7
Interest expense	(1.7)		(50.9)		(230.1)		—		(282.7)
Interest income	0.3		0.4		34.7		—		35.4
Other segment items(1)	4.5		(4.4)		(3.0)		—		(2.9)
Income (loss) before income taxes	$	1,523.3	$	145.3	$	(165.6)	$	—	$	1,503.0
Income tax benefit (expense)									(345.3)
Net income (loss)									1,157.7
Net (income) loss attributable to noncontrolling interests									(35.3)
Net income (loss) attributable to MCBC									$	1,122.4

	Year ended December 31, 2023
	Americas		EMEA&APAC		Unallocated		Inter-segment net sales eliminations		Consolidated
	(In millions)
Net sales	$	9,425.2	$	2,296.1	$	—	$	(19.2)	$	11,702.1
Cost of goods sold	(5,684.0)		(1,575.0)		(93.5)		19.2		(7,333.3)
Marketing and sales expenses	(1,136.6)		(236.8)		—		—		(1,373.4)
General and administrative expenses	(1,049.7)		(356.8)		—		—		(1,406.5)
Other operating income (expense), net	1.9		(164.6)		—				(162.7)
Equity income (loss)	12.0		—		—		—		12.0
Interest expense	(1.4)		(4.6)		(228.0)		—		(234.0)
Interest income	0.7		0.7		24.0		—		25.4
Other segment items(1)	(1.4)		(0.1)		24.4		—		22.9
Income (loss) before income taxes	$	1,566.7	$	(41.1)	$	(273.1)	$	—	$	1,252.5
Income tax benefit (expense)									(296.1)
Net income (loss)									956.4
Net (income) loss attributable to noncontrolling interests									(7.5)
Net income (loss) attributable to MCBC									$	948.9

	Year ended December 31, 2022
	Americas		EMEA&APAC		Unallocated		Inter-segment net sales eliminations		Consolidated
	(In millions)
Net sales	$	8,711.5	$	2,005.2	$	—	$	(15.7)	$	10,701.0
Cost of goods sold	(5,445.2)		(1,386.4)		(229.9)		15.7		(7,045.8)
Marketing and sales expenses	(1,044.8)		(224.9)		—		—		(1,269.7)
General and administrative expenses	(1,034.3)		(314.8)		—		—		(1,349.1)
Goodwill impairment	(845.0)		—		—		—		(845.0)
Other operating income (expense), net	(26.5)		(12.1)		—		—		(38.6)
Equity income (loss)	4.7		—		—		—		4.7
Interest expense	(1.5)		(5.1)		(244.0)		—		(250.6)
Interest income	0.2		0.2		3.9		—		4.3
Other segment items(1)	(6.2)		(1.1)		33.6		—		26.3
Income (loss) before income taxes	$	312.9	$	61.0	$	(436.4)	$	—	$	(62.5)
Income tax benefit (expense)									(124.0)
Net income (loss)									(186.5)
Net (income) loss attributable to noncontrolling interests									11.2
Net income (loss) attributable to MCBC									$	(175.3)

(1)Other segment items include other pension and postretirement benefit (cost), net and other non-operating income (expense), net.

Schedule of Cash Flows Information by Segment

The following table presents total assets and select cash flow information by segment.

	Assets				Depreciation and amortization						Capital expenditures
	As of December 31,				For the years ended December 31,						For the years ended December 31,
	2024		2023		2024		2023		2022		2024		2023		2022
	(In millions)
Americas	$	22,706.8	$	22,753.8	$	592.9	$	514.4	$	526.9	$	487.9	$	525.8	$	483.5
EMEA&APAC	3,357.5		3,621.3		166.5		168.4		157.9		186.2		145.7		177.9
Consolidated	$	26,064.3	$	26,375.1	$	759.4	$	682.8	$	684.8	$	674.1	$	671.5	$	661.4

Schedule of Net Sales by Geographic Segment

The following table presents net sales by geography based on the location of the customer.

	For the years ended
	December 31, 2024		December 31, 2023		December 31, 2022
	(In millions)
Net sales to unaffiliated customers
United States and its territories	$	7,823.0	$	8,059.6	$	7,405.6
Canada	1,278.3		1,224.0		1,165.3
United Kingdom	1,372.7		1,313.7		1,166.3
Other countries(1)	1,153.0		1,104.8		963.8
Consolidated net sales	$	11,627.0	$	11,702.1	$	10,701.0

(1)Reflects net sales within certain countries in Europe, Latin America, the Middle East, Africa and Asia. No individual country within the other countries line has total net sales exceeding 10% of total consolidated net sales.

Schedule of Properties by Geographic Segment

The following table presents property, plant and equipment, net and operating ROU assets by geographic location. See Note 8, "Leases" for further information on our operating ROU assets and Note 5, "Property, Plant and Equipment" for further information on our property, plant and equipment, net.

	As of
	December 31, 2024		December 31, 2023
	(In millions)
Property, plant and equipment, net and operating ROU assets
United States and its territories	$	2,850.2	$	2,720.2
Canada	874.9		1,002.9
United Kingdom	450.8		414.1
Other countries(1)	473.5		508.0
Consolidated property, plant and equipment, net and operating ROU assets	$	4,649.4	$	4,645.2

(1)Reflects property, plant and equipment, net and operating ROU assets within certain countries in Europe, Latin America, Africa and Asia. No individual country within the other countries line has total property, plant and equipment, net or operating ROU assets exceeding 10% of total consolidated property, plant and equipment, net or operating ROU assets, respectively.