XML 51 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 26, 2011
Sales $ 1,008.1 $ 997.3
Excise taxes (316.7) (306.9)
Net sales 691.4 690.4
Cost of goods sold (438.8) (427.2)
Gross profit 252.6 263.2
Marketing, general and administrative expenses (248.2) (238.4)
Special items, net (1.5) 0
Equity income in MillerCoors 118.9 101.2
Operating income (loss) 121.8 126.0
Interest income (expense), net (23.8) (26.8)
Other income (expense), net (1.4) (0.7)
Income (loss) from continuing operations before income taxes 96.6 98.5
Income tax benefit (expense) (17.3) (16.1)
Net Income (loss) from continuing operations 79.3 82.4
Income (loss) from discontinued operations, net of tax 0.1 0.3
Net income (loss) including noncontrolling interests 79.4 82.7
Less: Net (income) loss attributable to noncontrolling interests 0.1 0.2
Net income (loss) attributable to Molson Coors Brewing Company 79.5 82.9
Basic net income (loss) attributable to Molson Coors Brewing Company per share:    
From continuing operations (in dollars per share) $ 0.44 $ 0.44
From discontinued operations (in dollars per share) $ 0.00 $ 0.00
Basic net income per share (in dollars per share) $ 0.44 $ 0.44
Diluted net income (loss) attributable to Molson Coors Brewing Company per share:    
From continuing operations (in dollars per share) $ 0.44 $ 0.44
From discontinued operations (in dollars per share) $ 0.00 $ 0.00
Diluted net income per share (in dollars per share) $ 0.44 $ 0.44
Weighted average shares - basic (in shares) 180.3 186.9
Weighted average shares - diluted (in shares) 181.7 188.7
Amounts attributable to Molson Coors Brewing Company    
Net income (loss) from continuing operations 79.4 82.6
Income (loss) from discontinued operations, net of tax 0.1 0.3
Net income (loss) attributable to Molson Coors Brewing Company $ 79.5 $ 82.9