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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 29, 2012
Sales $ 5,927.5us-gaap_SalesRevenueGoodsNet $ 5,999.6us-gaap_SalesRevenueGoodsNet $ 5,615.0us-gaap_SalesRevenueGoodsNet
Excise taxes (1,781.2)us-gaap_ExciseAndSalesTaxes (1,793.5)us-gaap_ExciseAndSalesTaxes (1,698.5)us-gaap_ExciseAndSalesTaxes
Net sales 4,146.3tap_SalesRevenueGoodsNetExcludingExciseAndSalesTaxes 4,206.1tap_SalesRevenueGoodsNetExcludingExciseAndSalesTaxes 3,916.5tap_SalesRevenueGoodsNetExcludingExciseAndSalesTaxes
Cost of goods sold (2,493.3)us-gaap_CostOfGoodsSold (2,545.6)us-gaap_CostOfGoodsSold (2,352.5)us-gaap_CostOfGoodsSold
Gross profit 1,653.0us-gaap_GrossProfit 1,660.5us-gaap_GrossProfit 1,564.0us-gaap_GrossProfit
Marketing, general and administrative expenses (1,163.9)us-gaap_SellingGeneralAndAdministrativeExpense (1,193.8)us-gaap_SellingGeneralAndAdministrativeExpense (1,126.1)us-gaap_SellingGeneralAndAdministrativeExpense
Special items, net (324.4)us-gaap_RestructuringSettlementAndImpairmentProvisions (200.0)us-gaap_RestructuringSettlementAndImpairmentProvisions (81.4)us-gaap_RestructuringSettlementAndImpairmentProvisions
Equity income in MillerCoors 561.8tap_EquityIncomeLossInEquityMethodInvestment 539.0tap_EquityIncomeLossInEquityMethodInvestment 510.9tap_EquityIncomeLossInEquityMethodInvestment
Operating income (loss) 726.5us-gaap_OperatingIncomeLoss 805.7us-gaap_OperatingIncomeLoss 867.4us-gaap_OperatingIncomeLoss
Other income (expense), net      
Interest expense (145.0)us-gaap_InterestExpense (183.8)us-gaap_InterestExpense (196.3)us-gaap_InterestExpense
Interest income 11.3us-gaap_InvestmentIncomeInterest 13.7us-gaap_InvestmentIncomeInterest 11.3us-gaap_InvestmentIncomeInterest
Other income (expense), net (6.5)us-gaap_OtherNonoperatingIncomeExpense 18.9us-gaap_OtherNonoperatingIncomeExpense (90.3)us-gaap_OtherNonoperatingIncomeExpense
Total other income (expense), net (140.2)us-gaap_NonoperatingIncomeExpense (151.2)us-gaap_NonoperatingIncomeExpense (275.3)us-gaap_NonoperatingIncomeExpense
Income (loss) from continuing operations before income taxes 586.3us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 654.5us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 592.1us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax benefit (expense) (69.0)us-gaap_IncomeTaxExpenseBenefit (84.0)us-gaap_IncomeTaxExpenseBenefit (154.5)us-gaap_IncomeTaxExpenseBenefit
Net income (loss) from continuing operations 517.3us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 570.5us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 437.6us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income (loss) from discontinued operations, net of tax 0.5us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 2.0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity [1] 1.5us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income (loss) including noncontrolling interests 517.8us-gaap_ProfitLoss 572.5us-gaap_ProfitLoss 439.1us-gaap_ProfitLoss
Net (income) loss attributable to noncontrolling interests (3.8)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (5.2)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 3.9us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income (loss) attributable to Molson Coors Brewing Company 514.0us-gaap_NetIncomeLoss 567.3us-gaap_NetIncomeLoss [1] 443.0us-gaap_NetIncomeLoss
Basic net income (loss) attributable to Molson Coors Brewing Company per share:      
From continuing operations (in dollars per share) $ 2.78us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [2] $ 3.09us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [1],[2] $ 2.44us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
From discontinued operations (in dollars per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [2] $ 0.01us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [1],[2] $ 0.01us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Basic net income (loss) attributable to Molson Coors Brewing Company (in dollars per share) $ 2.78us-gaap_EarningsPerShareBasic [2] $ 3.10us-gaap_EarningsPerShareBasic [1],[2] $ 2.45us-gaap_EarningsPerShareBasic
Diluted net income (loss) attributable to Molson Coors Brewing Company per share:      
From continuing operations (in dollars per share) $ 2.76us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [2] $ 3.07us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [1],[2] $ 2.43us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
From discontinued operations (in dollars per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [2] $ 0.01us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [1],[2] $ 0.01us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Diluted net income (loss) attributable to Molson Coors Brewing Company (in dollars per share) $ 2.76us-gaap_EarningsPerShareDiluted [2] $ 3.08us-gaap_EarningsPerShareDiluted [1],[2] $ 2.44us-gaap_EarningsPerShareDiluted
Weighted-average shares—basic 184.9us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 183.0us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 180.8us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted-average shares for diluted EPS 186.1us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 184.2us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 181.8us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Amounts attributable to Molson Coors Brewing Company      
Net income (loss) from continuing operations 513.5us-gaap_IncomeLossFromContinuingOperations 565.3us-gaap_IncomeLossFromContinuingOperations [1] 441.5us-gaap_IncomeLossFromContinuingOperations
Income (loss) from discontinued operations, net of tax 0.5us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 2.0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity [1] 1.5us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income (loss) attributable to Molson Coors Brewing Company 514.0us-gaap_NetIncomeLoss 567.3us-gaap_NetIncomeLoss [1] 443.0us-gaap_NetIncomeLoss
Retained earnings      
Other income (expense), net      
Net income (loss) including noncontrolling interests $ 514.0us-gaap_ProfitLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ 567.3us-gaap_ProfitLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ 443.0us-gaap_ProfitLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
[1] In previous years, including interim periods within 2013, we recognized advertising costs in expense over the interim periods within a fiscal year based on the proportion of net sales volumes for the interim period in relation to the estimated annual net sales volumes under U.S. GAAP, which permits the allocation of costs across interim periods within a fiscal year when future periods benefit from the expenditure. Advertising expenses were not deferred from one fiscal year to the next. During the first quarter of 2014, we changed our method of accounting for advertising expense for interim periods such that advertising expense is recognized as incurred, effective at the beginning of the first quarter. We adopted this change as a result of management’s belief that the new method is preferable and results in a more objective measure of quarterly expense that will better support planning and resource allocation decisions by management, results in improved financial statements for investor analysis, and further aligns our treatment with that of our U.S. operations within MillerCoors. The new policy of expensing advertising costs as incurred additionally eliminates the uncertainty in estimating overall expected net sales volumes, advertising expenses, and the benefit period of the advertising on an interim basis, and conforms the Company’s interim accounting policy with that used to prepare the annual financial statements. The change will be applied retrospectively to all prior interim periods, and advertising expense for such interim periods have been recast beginning with our first quarter 2014 interim reporting period.
[2] The sum of the quarterly net income per share amounts may not agree to the full year net income per share amounts. We calculate net income per share based on the weighted average number of outstanding shares during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters.