XML 15 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Sales $ 3,435.4 $ 3,378.4 $ 9,255.5 $ 8,946.0
Excise taxes (612.7) (624.9) (1,595.0) (1,586.3)
Net sales 2,822.7 2,753.5 7,660.5 7,359.7
Cost of goods sold (1,629.1) (1,551.0) (4,464.4) (4,486.6)
Gross profit 1,193.6 1,202.5 3,196.1 2,873.1
Marketing, general and administrative expenses (664.8) (634.5) (1,889.4) (1,788.7)
Special items, net 2.6 (59.7) (17.3) (210.6)
Operating income (loss) 531.4 508.3 1,289.4 873.8
Interest income (expense), net (63.3) (67.9) (196.5) (206.5)
Other pension and postretirement benefits (costs), net 12.9 7.6 38.9 22.7
Other income (expense), net (0.4) 2.4 (2.3) 3.4
Income (loss) before income taxes 480.6 450.4 1,129.5 693.4
Income tax benefit (expense) (26.8) (104.0) (203.4) (265.2)
Net income (loss) 453.8 346.4 926.1 428.2
Net (income) loss attributable to noncontrolling interests (0.8) (3.6) (0.4) (7.4)
Net income (loss) attributable to Molson Coors Beverage Company $ 453.0 $ 342.8 $ 925.7 $ 420.8
Net income (loss) attributable to Molson Coors Beverage Company per share        
Net income (loss) attributable to Molson Coors Beverage Company per share, basic (in dollars per share) $ 2.09 $ 1.58 $ 4.26 $ 1.94
Diluted net income (loss) attributable to Molson Coors Beverage Company per share:        
Net income (loss) attributable to Molson Coors Beverage Company per share, diluted (in dollars per share) $ 2.08 $ 1.58 $ 4.26 $ 1.94
Weighted average shares outstanding, basic        
Weighted average shares outstanding - basic (in shares) 217.2 216.9 217.1 216.8
Weighted average shares outstanding, diluted        
Dilutive effect of share-based awards (in shares) 0.4 0.1 0.4 0.2
Weighted average shares outstanding - diluted (in shares) 217.6 217.0 217.5 217.0
Share-based payment arrangement        
Weighted average shares outstanding, diluted        
Anti-dilutive securities excluded from the computation of diluted EPS (in shares) 1.8 2.3 1.8 2.3