SCHEDULE II

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

SCHEDULE II

SCHEDULE II

MOLSON COORS BEVERAGE COMPANY AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

(IN MILLIONS)

	Balance at beginning of year		Additions charged to costs and expenses		Deductions		Foreign exchange impact		Balance at end of year
Allowance for doubtful accounts—trade accounts receivable
Year ended:
December 31, 2021	$	18.1	$	6.2	$	(4.7)	$	(0.6)	$	19.0
December 31, 2020	$	12.1	$	12.8	$	(7.4)	$	0.6	$	18.1
December 31, 2019	$	14.5	$	7.0	$	(9.3)	$	(0.1)	$	12.1
Allowance for obsolete supplies and inventory
Year ended:
December 31, 2021	$	38.4	$	109.9	$	(103.8)	$	(0.4)	$	44.1
December 31, 2020	$	22.2	$	70.6	$	(54.3)	$	(0.1)	$	38.4
December 31, 2019	$	25.4	$	34.8	$	(38.2)	$	0.2	$	22.2
Deferred tax valuation account
Year ended:
December 31, 2021	$	62.2	$	14.8	$	(16.2)	$	(0.1)	$	60.7
December 31, 2020	$	73.8	$	31.8	$	(43.4)	$	—	$	62.2
December 31, 2019	$	1,040.0	$	46.4	$	(990.4)	$	(22.2)	$	73.8

Deductions relate to write-offs of uncollectible accounts, claims or obsolete inventories and supplies. Deduction amounts related to the deferred tax valuation allowance are primarily due to the utilization of capital loss and operating loss carryforwards and re-evaluations of deferred tax assets.

The impacts of changes in income tax rates on deferred tax valuation allowances are reported in the additions or deductions column accordingly. The significant decrease in our deferred tax valuation account during the year ended December 31, 2019 is attributable to the liquidation of certain European entities, resulting in the write-off of their associated full valuation allowances.