← MOLSON COORS BEVERAGE CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | ($186.5m) | $956.4m | $1.2b | ($2.2b) | |
| Net Income (Loss) Attributable to Parent | $2.0b | $1.4b | $1.1b | $241.7m | ($949.0m) | $1.0b | ($175.3m) | $948.9m | $1.1b | ($2.1b) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $2.0b | $1.4b | $1.1b | $246.2m | ($945.7m) | $1.0b | ($186.5m) | $956.4m | $1.2b | ($2.2b) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $2.0b | $1.4b | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $2.0b | $1.4b | $1.1b | $246.2m | ($945.7m) | $1.0b | ($186.5m) | $956.4m | $1.2b | ($2.2b) | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($2.8m) | $1.5m | — | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $5.9m | $22.2m | $18.1m | $4.5m | $3.3m | $2.8m | ($11.2m) | $7.5m | $35.3m | ($40.6m) | |
| Depreciation and amortization | $388.4m | $812.8m | $857.5m | $859.0m | $922.0m | $786.1m | $684.8m | $682.8m | $759.4m | $711.3m | |
| Amortization of Debt Issuance Costs and Discounts | $66.5m | $23.2m | $12.7m | $13.6m | $8.1m | $6.7m | $7.7m | $5.7m | $5.3m | $5.1m | |
| Amortization of Intangible Assets | $82.1m | $222.1m | $224.1m | $221.2m | $220.0m | $218.0m | $208.1m | $207.3m | $206.4m | $206.1m | |
| Depreciation | $306.3m | $590.7m | $633.4m | $637.8m | $702.0m | $568.1m | $476.7m | $475.5m | $553.0m | $505.2m | |
| Amortization Cash Flow | — | — | — | — | — | — | $208.1m | $215.2m | $217.7m | $220.5m | |
| Amortization Of Intangibles | — | — | — | — | — | — | $208.1m | $215.2m | $217.7m | $220.5m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $684.8m | $690.7m | $770.7m | $725.7m | |
| Deferred Income Tax Expense (Benefit) | $923.4m | $82.7m | $214.1m | $108.5m | $106.2m | $180.9m | ($27.2m) | $36.0m | $117.5m | ($442.9m) | |
| Deferred Income Tax | — | — | — | — | — | — | $124.0m | $296.1m | $345.3m | ($337.8m) | |
| Deferred Tax | — | — | — | — | — | — | $124.0m | $296.1m | $345.3m | ($337.8m) | |
| Share-based Payment Arrangement, Noncash Expense | $29.9m | $58.3m | $42.6m | $8.5m | $24.2m | $32.1m | $33.6m | $44.9m | $43.1m | $35.0m | |
| Goodwill, Impairment Loss | $15.7m | — | — | $674.4m | $1.5b | — | $845.0m | $0 | $0 | $3.6b | |
| Asset Impairment Charge | — | — | — | — | — | — | $845.0m | $0 | $0 | $3.6b | |
| Income (Loss) from Equity Method Investments | $2.6m | — | — | — | $0 | $0 | $4.7m | $12.0m | $2.7m | $13.4m | |
| Income Tax Expense (Benefit) | $1.1b | ($53.2m) | $225.2m | $233.7m | $301.8m | $230.5m | $124.0m | $296.1m | $345.3m | ($337.8m) | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $282.7m | $247.9m | |
| Operating Lease, Expense | — | — | — | $71.0m | $71.4m | $73.2m | $72.5m | — | — | — | |
| Other Nonoperating Income (Expense) | ($29.7m) | ($100k) | ($12.0m) | ($14.7m) | $6.0m | ($3.5m) | ($10.3m) | $12.7m | $2.1m | $31.8m | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($4.7m) | ($12.0m) | ($2.7m) | ($13.4m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | $23.2m | ($21.3m) | $10.6m | $17.7m | $46.2m | $143.9m | $64.6m | ($21.7m) | ($55.1m) | ($65.2m) | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | — | — | ($41.2m) | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | $23.5m | ($122.8m) | $193.1m | $18.9m | ($111.4m) | ($233.8m) | $236.4m | $88.3m | ($28.7m) | $31.7m | |
| Goodwill | $8.3b | $8.4b | $8.3b | $7.6b | $6.2b | $6.2b | $5.3b | $5.3b | $5.6b | $1.9b | |
| Investment Income, Interest | $27.2m | $6.0m | $8.0m | $8.2m | $3.3m | $2.0m | $4.3m | $25.4m | $35.4m | $20.6m | |
| Nonoperating Income (Expense) | ($274.1m) | ($343.4m) | ($272.0m) | ($284.5m) | ($235.0m) | ($215.4m) | ($220.0m) | ($185.7m) | ($250.2m) | ($181.1m) | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $10.8b | $10.6b | $9.7b | $10.3b | $10.7b | $11.7b | $11.6b | $11.1b | |
| Unrealized Gain (Loss) on Commodity Contracts | $23.5m | ($122.8m) | ($166.2m) | ($800k) | ($111.4m) | ($233.8m) | $236.4m | $88.3m | ($28.7m) | ($81.7m) | |
| Beginning Cash Position | — | — | — | — | — | — | $637.4m | $600.0m | $868.9m | $969.3m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($889.5m) | ($981.4m) | ($1.1b) | ($1.1b) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($625.1m) | ($841.7m) | ($648.0m) | ($822.1m) | |
| Change In Inventory | — | — | — | — | — | — | ($64.6m) | $21.7m | $55.1m | $65.2m | |
| Change In Other Working Capital | — | — | — | — | — | — | $6.0m | $1.3m | ($49.7m) | $25.2m | |
| Change In Payable | — | — | — | — | — | — | ($16.1m) | $50.2m | ($234.4m) | ($285.4m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($16.1m) | $50.2m | ($234.4m) | ($285.4m) | |
| Change In Receivables | — | — | — | — | — | — | ($108.5m) | ($700k) | $39.6m | $48.3m | |
| Change In Working Capital | — | — | — | — | — | — | ($183.2m) | $72.5m | ($189.4m) | ($146.7m) | |
| Changes In Cash | — | — | — | — | — | — | ($12.6m) | $255.9m | $123.9m | ($94.5m) | |
| End Cash Position | — | — | — | — | — | — | $600.0m | $868.9m | $969.3m | $896.5m | |
| Financing Cash Flow | — | — | — | — | — | — | ($889.5m) | ($981.4m) | ($1.1b) | ($1.1b) | |
| Free Cash Flow | — | — | — | — | — | — | $840.6m | $1.4b | $1.2b | $1.1b | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $18.6m | $181.9m | $51.8m | $262.6m | |
| Investing Cash Flow | — | — | — | — | — | — | ($625.1m) | ($841.7m) | ($648.0m) | ($822.1m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | ($63.7m) | ($8.6m) | ($22.3m) | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | $236.4m | $88.3m | ($28.7m) | ($81.7m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($629.2m) | ($660.6m) | ($649.6m) | ($700.8m) | |
| Operating Gains Losses | — | — | — | — | — | — | $250.3m | $258.2m | $20.4m | $167.5m | |
| Other Non Cash Items | — | — | — | — | — | — | $250.6m | $234.0m | $205.6m | $247.3m | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $4.6m | $3.1m | $7.9m | — | — | |
| Purchase Of Business | — | — | — | — | — | — | $0 | ($63.7m) | ($8.6m) | ($22.3m) | |
| Purchase Of PPE | $341.8m | $599.6m | $651.7m | $593.8m | $574.8m | $522.6m | ($661.4m) | ($671.5m) | ($674.1m) | ($716.6m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($51.5m) | ($205.8m) | ($643.4m) | ($647.9m) | |
| Sale Of PPE | — | — | — | — | — | $26.0m | $32.2m | $10.9m | $24.5m | — | |
| Stock Based Compensation | — | — | — | — | — | — | $33.6m | $44.9m | $43.1m | $35.0m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | — | — | — | ($34.0m) | ($34.0m) | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $3.0m | ($1.3m) | ($2.5m) | ($500k) | — | — | — | — | — | — | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | ($162.7m) | ($65.4m) | ($335.3m) | |
| Net Cash Provided by (Used in) Operating Activities | $1.1b | $1.9b | $2.3b | $1.9b | $1.7b | $1.6b | $1.5b | $2.1b | $1.9b | $1.8b | |
| Cash flows from investing activities: | |||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($661.4m) | ($671.5m) | ($674.1m) | ($716.6m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $12.0b | $0 | $0 | — | — | — | — | $63.7m | $8.6m | $22.3m | |
| Payments for (Proceeds from) Other Investing Activities | ($8.5m) | ($900k) | $49.9m | ($44.6m) | ($2.4m) | $13.3m | ($4.1m) | $117.4m | ($10.2m) | $99.0m | |
| Net Other Investing Changes | — | — | — | — | — | — | $4.1m | ($117.4m) | $10.2m | ($99.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($12.3b) | ($538.2m) | ($669.1m) | ($433.3m) | ($413.6m) | ($509.9m) | ($625.1m) | ($841.7m) | ($648.0m) | ($822.1m) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $7.0m | $7.0m | $863.7m | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | — | $7.0m | $7.0m | $863.7m | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($505.8m) | ($397.8m) | ($20.1m) | ($12.8m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($502.1m) | ($397.8m) | ($20.1m) | ($12.8m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | $1.4m | ($3.7m) | $0 | $0 | — | |
| Long Term Debt Payments | — | — | — | — | — | ($1.0b) | ($509.1m) | ($404.8m) | ($883.8m) | — | |
| Repayment Of Debt | — | — | — | — | — | — | ($509.1m) | ($404.8m) | ($883.8m) | ($12.8m) | |
| Proceeds from Issuance of Common Stock | $2.5b | $0 | $0 | — | — | — | — | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($51.5m) | ($205.8m) | ($643.4m) | ($647.9m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $51.5m | $205.8m | $643.4m | $647.9m | |
| Common Stock Payments | — | — | — | — | — | — | ($51.5m) | ($205.8m) | ($643.4m) | ($647.9m) | |
| Proceeds from (Payments to) Noncontrolling Interests | — | — | — | $34.1m | $16.3m | ($3.2m) | ($8.1m) | — | — | — | |
| Dividends paid | $352.9m | $353.4m | $354.2m | $424.4m | $125.3m | $147.8m | $329.3m | $354.7m | $369.2m | $376.3m | |
| Payments of Dividends | $352.9m | $353.4m | $354.2m | $424.4m | $125.3m | $147.8m | $329.3m | $354.7m | $369.2m | $376.3m | |
| Cash Dividends Paid | — | — | — | — | — | — | ($329.3m) | ($354.7m) | ($369.2m) | ($376.3m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($329.3m) | ($354.7m) | ($369.2m) | ($376.3m) | |
| Proceeds from (Payments for) Other Financing Activities | ($40.9m) | ($50.2m) | $23.9m | $3.7m | ($31.8m) | ($23.8m) | ($6.0m) | ($31.0m) | ($105.7m) | ($19.8m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($2.9m) | ($23.1m) | ($105.7m) | ($19.8m) | |
| Net Cash Provided by (Used in) Financing Activities | $11.3b | ($1.5b) | ($1.0b) | ($2.0b) | ($1.1b) | ($1.2b) | ($889.5m) | ($981.4m) | ($1.1b) | ($1.1b) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($28.2m) | $26.0m | ($14.0m) | $8.5m | $35.0m | ($24.1m) | ($24.8m) | $13.0m | ($23.5m) | $21.7m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($24.8m) | $13.0m | ($23.5m) | $21.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($28.2m) | $26.0m | ($14.0m) | $8.5m | $35.0m | ($24.1m) | ($37.4m) | $268.9m | $100.4m | ($72.8m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $770.1m | $637.4m | $600.0m | $868.9m | $969.3m | $896.5m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($37.4m) | $268.9m | $100.4m | ($72.8m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $162.5m | $350.3m | $308.7m | $285.0m | $271.9m | $256.2m | $240.0m | $229.0m | $216.0m | $240.7m | |
| Income Taxes Paid, Net | $165.0m | ($86.0m) | ($32.3m) | $57.0m | $127.0m | $227.0m | $76.6m | $244.8m | $227.1m | $131.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.