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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table

    

    

    

Average

    

    

Value of Initial Fixed $100

    

    

 

Summary

Summary

Average

Investment Based On:

Adjusted

 

Compensation

Compensation

Compensation

Compensation

Total

Total

Net Income

Net Sales

 

Table Total

Actually Paid

Table Total for

Actually Paid to

Shareholder

Shareholder

(loss)

Revenue

 

for PEO

to PEO

Non-PEO NEOs

Non-PEO NEOs

Return

Return

(millions)

(millions)

 

Year

($)(1)

($)(2)

 

($)(3)

($)(4)

($)(5)

    

($)(6)

($)(7)

($)(8)

2024

 

11,337,261

 

9,147,024

 

3,369,218

 

2,968,198

 

122.38

 

79.29

 

1,157.70

 

11,693

2023

 

12,210,558

 

22,572,330

 

3,080,070

 

4,765,744

 

127.23

 

106.96

 

956.40

 

10,552

2022

 

9,071,398

 

8,996,041

 

2,475,380

 

2,460,264

 

101.01

 

86.26

 

(186.5)

 

9,892

2021

 

8,234,680

 

7,453,975

 

2,493,751

 

2,137,489

 

88.30

 

87.00

 

1,008.5

 

9,407

2020

 

6,940,645

 

4,739,608

 

2,459,312

 

1,836,122

 

84.80

 

85.69

 

(945.7)

 

8,986

Graphic

(1)The dollar amounts reported are the amounts of total compensation reported for Mr. Hattersley (our Chief Executive Officer) for each corresponding year in the “Total” column of the Summary Compensation Table (SCT) in this Proxy Statement. For further information, please refer to the “Executive Compensation – Summary Compensation Table” section of this Proxy Statement.
(2)The dollar amounts reported represent the amount of “compensation actually paid” (CAP) to Mr. Hattersley, as computed in accordance with Item 402(v). The dollar amounts do not reflect the actual amount of compensation earned, realized or received by Mr.Hattersley during the applicable year. In accordance with the requirements of Item 402(v), the following amounts were deducted from and added to Mr. Hattersley’s SCT total compensation for 2024 to determine CAP:

    

    

    

    

Reported Change in

    

    

 

Reported Summary

Reported

the Actuarial

Compensation

 

Compensation Table

Value of

Equity Award

Present Value of

Pension Benefit

Actually Paid to

 

Total for PEO

Equity Awards

Adjustments

Pension Benefits

Adjustments

PEO

 

Year

($)

($)(a)

($)(b)

($)(c)

($)

($)

 

2024

 

11,337,261

 

(7,649,792)

 

5,459,555

 

 

 

9,147,024

(a)The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the SCT.
(b)The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts added (or deducted, as applicable) in calculating the Equity Award Adjustments in accordance with Rule 402(v) promulgated under Regulation S-K of the Securities Act of 1933 are as follows below.

    

    

    

    

    

    

Value of

    

 

Change in Fair

Fair Value at

Dividends or

 

Year End Fair

Change in Fair

Value from Prior

the End of the

other Earnings

 

Value of Equity

Value from Prior

Fair Value as of

Year and through

Prior Year of

Paid on Stock or

 

Awards Granted

Year End of

Vesting Date of

the Vesting Date

Equity Awards

Option Awards

 

in the Year and

Outstanding and

Equity Awards

of Equity Awards

that Failed to

not Otherwise

 

Outstanding and

Unvested Equity

Granted and

Granted in Prior

Meet Vesting

Reflected in Fair

Total Equity

 

Unvested as of

Awards Granted

Vested in the

Years that Vested

Conditions in

Value or Total

Award

 

Year End

in Prior Years

Year

in the Year

the Year

Compensation

Adjustments

 

Year

($)

($)

($)

($)

($)

($)

($)

 

2024

 

7,305,217

 

(2,531,621)

 

 

192,701

 

 

493,258

 

5,459,555

(c)The amount included in this column is the amount reported in "Change in Pension and Nonqualified Deferred Compensation" column of the SCT. For 2024, the change in pension value was negative and accordingly was not reflected in the table pursuant to applicable SEC rules.

Graphic

(3)The dollar amounts reported represent the average of the amounts reported for the Company’s named executive officers (NEOs) as a group (excluding Mr. Hattersley) in the “Total” column of the SCT in each applicable year. The names of each of the NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2023 and 2024, Tracey I. Joubert, Michelle St. Jacques, Natalie Maciolek, and Sergey Yeskov; (ii) for 2022, Tracey I. Joubert, Michelle St. Jacques, Anne-Marie D’Angelo, and Sergey Yeskov; (iii) for 2021, Tracey I. Joubert, Michelle St. Jacques, Peter J. Marino, Simon J. Cox, and E. Lee Reichert; and (iv) for 2020, Tracey I. Joubert, Michelle St. Jacques, Simon J. Cox and E. Lee Reichert.
(4)The dollar amounts reported represent the average amount of CAP for the NEOs as a group, as computed in accordance with Item 402(v). The dollar amounts do not reflect the actual average amount of compensation earned, realized or received by the NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v), the following adjustments were made to average total compensation for the NEOs as a group for 2024 to determine the CAP:

    

Average Reported

    

    

    

Average

    

    

 

Summary

Reported Change

Average

 

Compensation Table

Average Reported

in the Actuarial

Average Pension

Compensation

 

Total for Non-PEO

Value of Equity

Average Equity

Present Value of

Benefit

Actually Paid to

 

NEOs

Awards

Award Adjustments

Pension Benefits

Adjustments

Non-PEO NEOs

 

Year

($)

($)(a)

($)(b)

($)(c)

($)

($)

 

2024

 

3,369,218

 

(1,555,528)

 

1,154,508

 

 

0

 

2,968,198

(a)The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the SCT.
(b)The amounts deducted or added in calculating the total average Equity Award Adjustments are as follows:

    

    

    

    

Average Change

    

    

Average Value of

    

 

Average Year End

in Fair Value from

Average Fair

Dividends or

 

Fair Value of

Average Change

Average Fair

Prior Year and

Value at the End

other Earnings

 

Equity Awards

in Fair Value from

Value as of

through the

of the Prior Year

Paid on Stock or

 

Granted in the

Prior Year End of

Vesting Date of

Vesting Date of

of Equity Awards

Option Awards

 

Year and

Outstanding and

Equity Awards

Equity Awards

that Failed to

not Otherwise

 

Outstanding and

Unvested Equity

Granted and

Granted in Prior

Meet Vesting

Reflected in Fair

Total Average

 

Unvested as of

Awards Granted

Vested in

Years that Vested

Conditions in

Value or Total

Equity Award

 

Year End

in Prior Years

the Year

in the Year

the Year

Compensation

Adjustments

 

Year

($)

($)

($)

($)

($)

($)

($)

 

2024

 

1,485,462

 

(437,144)

 

 

17,429

 

 

88,762

 

1,154,508

(c)For 2024, the change in pension value was negative and accordingly was not reflected in the table pursuant to applicable SEC rules.

Graphic

(5)Total Shareholder Return is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period. TSR is cumulative for the measurement periods beginning on December 31, 2019 and ending on December 31 of each of 2024, 2023, 2022, 2021 and 2020, respectively.
(6)Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. As permitted by SEC rules, the peer group used for this purpose consists of the following companies: ABI, Carlsberg, Heineken and Asahi, which is the industry peer group used for purposes of Item 201(e) of Regulation S-K. The separate peer group used by the Committee as a metric for our PSU grants consists of the companies in the S&P Consumer Staples Index, as described in the “Compensation Discussion and Analysis (CD&A)” section of this Proxy Statemen under “PSUs or Performance Equity.” TSR is cumulative for the measurement periods beginning on December 31, 2019 and ending on December 31 of each of 2024, 2023, 2022, 2021 and 2020, respectively.
(7)The dollar amounts reported represent the amount of net income (loss) reflected in the Company’s audited consolidated statement of operations for the applicable year as included in our Annual Report on Form 10-K.
(8)Adjusted Net Sales Revenue is a non-GAAP measure and defined as total revenue from sales after excise taxes, adjusted for certain non-GAAP adjustment items. While the Company uses numerous financial and non-financial performance measures for the purpose of evaluating performance for the Company’s compensation programs, the Company has determined that this is the financial performance measure that, in the Company’s assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used by the Company to link compensation actually paid to the Company’s NEOs, for the most recently completed fiscal year, to Company performance.
       
Company Selected Measure Name Adjusted Net Sales Revenue        
Named Executive Officers, Footnote
(1)The dollar amounts reported are the amounts of total compensation reported for Mr. Hattersley (our Chief Executive Officer) for each corresponding year in the “Total” column of the Summary Compensation Table (SCT) in this Proxy Statement. For further information, please refer to the “Executive Compensation – Summary Compensation Table” section of this Proxy Statement.
(3)The dollar amounts reported represent the average of the amounts reported for the Company’s named executive officers (NEOs) as a group (excluding Mr. Hattersley) in the “Total” column of the SCT in each applicable year. The names of each of the NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2023 and 2024, Tracey I. Joubert, Michelle St. Jacques, Natalie Maciolek, and Sergey Yeskov; (ii) for 2022, Tracey I. Joubert, Michelle St. Jacques, Anne-Marie D’Angelo, and Sergey Yeskov; (iii) for 2021, Tracey I. Joubert, Michelle St. Jacques, Peter J. Marino, Simon J. Cox, and E. Lee Reichert; and (iv) for 2020, Tracey I. Joubert, Michelle St. Jacques, Simon J. Cox and E. Lee Reichert.
       
Peer Group Issuers, Footnote
(6)Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. As permitted by SEC rules, the peer group used for this purpose consists of the following companies: ABI, Carlsberg, Heineken and Asahi, which is the industry peer group used for purposes of Item 201(e) of Regulation S-K. The separate peer group used by the Committee as a metric for our PSU grants consists of the companies in the S&P Consumer Staples Index, as described in the “Compensation Discussion and Analysis (CD&A)” section of this Proxy Statemen under “PSUs or Performance Equity.” TSR is cumulative for the measurement periods beginning on December 31, 2019 and ending on December 31 of each of 2024, 2023, 2022, 2021 and 2020, respectively.
       
PEO Total Compensation Amount $ 11,337,261 $ 12,210,558 $ 9,071,398 $ 8,234,680 $ 6,940,645
PEO Actually Paid Compensation Amount $ 9,147,024 22,572,330 8,996,041 7,453,975 4,739,608
Adjustment To PEO Compensation, Footnote

    

    

    

    

Reported Change in

    

    

 

Reported Summary

Reported

the Actuarial

Compensation

 

Compensation Table

Value of

Equity Award

Present Value of

Pension Benefit

Actually Paid to

 

Total for PEO

Equity Awards

Adjustments

Pension Benefits

Adjustments

PEO

 

Year

($)

($)(a)

($)(b)

($)(c)

($)

($)

 

2024

 

11,337,261

 

(7,649,792)

 

5,459,555

 

 

 

9,147,024

(a)The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the SCT.
(b)The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts added (or deducted, as applicable) in calculating the Equity Award Adjustments in accordance with Rule 402(v) promulgated under Regulation S-K of the Securities Act of 1933 are as follows below.

    

    

    

    

    

    

Value of

    

 

Change in Fair

Fair Value at

Dividends or

 

Year End Fair

Change in Fair

Value from Prior

the End of the

other Earnings

 

Value of Equity

Value from Prior

Fair Value as of

Year and through

Prior Year of

Paid on Stock or

 

Awards Granted

Year End of

Vesting Date of

the Vesting Date

Equity Awards

Option Awards

 

in the Year and

Outstanding and

Equity Awards

of Equity Awards

that Failed to

not Otherwise

 

Outstanding and

Unvested Equity

Granted and

Granted in Prior

Meet Vesting

Reflected in Fair

Total Equity

 

Unvested as of

Awards Granted

Vested in the

Years that Vested

Conditions in

Value or Total

Award

 

Year End

in Prior Years

Year

in the Year

the Year

Compensation

Adjustments

 

Year

($)

($)

($)

($)

($)

($)

($)

 

2024

 

7,305,217

 

(2,531,621)

 

 

192,701

 

 

493,258

 

5,459,555

       
Non-PEO NEO Average Total Compensation Amount $ 3,369,218 3,080,070 2,475,380 2,493,751 2,459,312
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,968,198 4,765,744 2,460,264 2,137,489 1,836,122
Adjustment to Non-PEO NEO Compensation Footnote

    

Average Reported

    

    

    

Average

    

    

 

Summary

Reported Change

Average

 

Compensation Table

Average Reported

in the Actuarial

Average Pension

Compensation

 

Total for Non-PEO

Value of Equity

Average Equity

Present Value of

Benefit

Actually Paid to

 

NEOs

Awards

Award Adjustments

Pension Benefits

Adjustments

Non-PEO NEOs

 

Year

($)

($)(a)

($)(b)

($)(c)

($)

($)

 

2024

 

3,369,218

 

(1,555,528)

 

1,154,508

 

 

0

 

2,968,198

(a)The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the SCT.
(b)The amounts deducted or added in calculating the total average Equity Award Adjustments are as follows:

    

    

    

    

Average Change

    

    

Average Value of

    

 

Average Year End

in Fair Value from

Average Fair

Dividends or

 

Fair Value of

Average Change

Average Fair

Prior Year and

Value at the End

other Earnings

 

Equity Awards

in Fair Value from

Value as of

through the

of the Prior Year

Paid on Stock or

 

Granted in the

Prior Year End of

Vesting Date of

Vesting Date of

of Equity Awards

Option Awards

 

Year and

Outstanding and

Equity Awards

Equity Awards

that Failed to

not Otherwise

 

Outstanding and

Unvested Equity

Granted and

Granted in Prior

Meet Vesting

Reflected in Fair

Total Average

 

Unvested as of

Awards Granted

Vested in

Years that Vested

Conditions in

Value or Total

Equity Award

 

Year End

in Prior Years

the Year

in the Year

the Year

Compensation

Adjustments

 

Year

($)

($)

($)

($)

($)

($)

($)

 

2024

 

1,485,462

 

(437,144)

 

 

17,429

 

 

88,762

 

1,154,508

(c)For 2024, the change in pension value was negative and accordingly was not reflected in the table pursuant to applicable SEC rules.
       
Compensation Actually Paid vs. Total Shareholder Return

Graphic

Graphic

       
Compensation Actually Paid vs. Net Income

Graphic

Graphic

       
Compensation Actually Paid vs. Company Selected Measure

Graphic

Graphic

       
Total Shareholder Return Vs Peer Group

Graphic

Graphic

       
Tabular List, Table

Financial Performance Measures

As described in greater detail in the “Compensation Discussion and Analysis (CD&A)” section of this Proxy Statement, the Company’s executive compensation program reflects a pay-for-performance philosophy. The metrics that the Company uses for both our long-term and short-term incentive awards are selected based on an objective of incentivizing our NEOs to increase the value of our enterprise for our shareholders. The most important financial performance measures used by the Company to link executive CAP paid to the Company’s NEOs, for the most recently completed fiscal year, to the Company’s performance are as follows:

Relative Total Shareholder Return
Underlying Earnings Per Share
Underlying Net Sales Revenue
Underlying Income Before Income Taxes
Underlying Free Cash Flow
       
Total Shareholder Return Amount $ 122.38 127.23 101.01 88.3 84.8
Peer Group Total Shareholder Return Amount 79.29 106.96 86.26 87 85.69
Net Income (Loss) $ 1,157,700,000 $ 956,400,000 $ (186,500,000) $ 1,008,500,000 $ (945,700,000)
Company Selected Measure Amount 11,693,000,000 10,552,000,000 9,892,000,000 9,407,000,000 8,986,000,000
PEO Name Mr. Hattersley        
Measure:: 1          
Pay vs Performance Disclosure          
Name Relative Total Shareholder Return        
Measure:: 2          
Pay vs Performance Disclosure          
Name Underlying Earnings Per Share        
Measure:: 3          
Pay vs Performance Disclosure          
Name Underlying Net Sales Revenue        
Non-GAAP Measure Description
(8)Adjusted Net Sales Revenue is a non-GAAP measure and defined as total revenue from sales after excise taxes, adjusted for certain non-GAAP adjustment items. While the Company uses numerous financial and non-financial performance measures for the purpose of evaluating performance for the Company’s compensation programs, the Company has determined that this is the financial performance measure that, in the Company’s assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used by the Company to link compensation actually paid to the Company’s NEOs, for the most recently completed fiscal year, to Company performance.
       
Measure:: 4          
Pay vs Performance Disclosure          
Name Underlying Income Before Income Taxes        
Measure:: 5          
Pay vs Performance Disclosure          
Name Underlying Free Cash Flow        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (7,649,792)        
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 5,459,555        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 7,305,217        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,531,621)        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 192,701        
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 493,258        
Non-PEO NEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,555,528)        
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,154,508        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,485,462        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (437,144)        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 17,429        
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 88,762