Molson Coors Brewing Company (TAP) financial statements (2021 and earlier)

Company profile

Business Address P.O. BOX 4030
GOLDEN, CO 80401
State of Incorp. DE
Fiscal Year End December 31
SIC 2082 - Malt Beverages (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7705231,058419561431625
Cash and cash equivalents7705231,058419561431625
Receivables556715744733669118133
Inventory, net of allowances, customer advances and progress billings664616592592593179202
Inventory664616592592593179202
Prepaid expense   41361116
Deferred tax assets    27
Other current assets29722524627821110579
Other undisclosed current assets132106127128100415497
Total current assets:2,4192,1842,7662,1902,1701,2591,579
Noncurrent Assets
Property, plant and equipment4,2504,5474,6084,6744,5071,5911,798
Long-term investments and receivables     2022
Accounts and financing receivable, after allowance for credit loss     2022
Intangible assets, net (including goodwill)19,70721,28722,03722,70222,2826,7297,947
Goodwill6,1517,6318,2618,4068,2501,9832,192
Intangible assets, net (excluding goodwill)13,55613,65613,77614,29714,0324,7465,756
Other noncurrent assets955842698682383217204
Other undisclosed noncurrent assets     2,4612,447
Total noncurrent assets:24,91226,67527,34428,05727,17211,01812,417
TOTAL ASSETS:27,33128,86030,11030,24729,34212,27613,996
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,7422,767    2,244
Accounts payable1,733     618
Accrued liabilities3712,767    1,305
Employee-related liabilities279     106
Taxes payable258     215
Interest and dividends payable101      
Debt1,0209281,59571568529849
Due to related parties      21
Disposal group, including discontinued operation   5546
Deferred tax liabilities    165
Other undisclosed current liabilities148 2,7062,6802,4681,184(961)
Total current liabilities:3,9103,6964,3013,3993,1581,2172,325
Noncurrent Liabilities
Long-term debt and lease obligation7,2088,2898,89410,59911,3882,9092,337
Long-term debt, excluding current maturities7,2088,1108,89410,59911,3882,9092,337
Finance lease, liability 60
Operating lease, liability 120
Liabilities, other than long-term debt3,5921,1233,1791,1653,1751,079638
Deferred tax liabilities, net2,129 1,699800 
Deferred income tax liabilities2,382 
Liability, pension and other postretirement and postemployment benefits7637177278491,196202543
Disposal group, including discontinued operation, liabilities   12131016
Other liabilities4474073243042676780
Other undisclosed noncurrent liabilities 2,079 1,649 8810
Total noncurrent liabilities:10,80011,49112,07313,41314,5623,9963,785
Total liabilities:14,71015,18716,37416,81217,7205,2136,110
Stockholders' equity
Stockholders' equity attributable to parent, including:12,36513,41913,50713,22611,4197,0437,863
Treasury stock, value(471)(471)(471)(471)(471)(471)(321)
Additional paid in capital6,9386,7746,7736,6896,6354,0003,871
Accumulated other comprehensive loss(1,168)(1,162)(1,150)(860)(1,546)(1,695)(898)
Retained earnings6,5447,6177,6937,2066,1194,4964,440
Other undisclosed stockholders' equity attributable to parent522662663663681713772
Stockholders' equity attributable to noncontrolling interest2562542282092032023
Total stockholders' equity:12,62113,67313,73613,43511,6227,0637,886
TOTAL LIABILITIES AND EQUITY:27,33128,86030,11030,24729,34212,27613,996

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues11,72413,00913,33811,0036,5975,1275,928
Revenue, net11,0036,5975,1275,928
Cost of revenue
(Cost of Goods and Services Sold)
(5,886)(6,378)(6,585)(8,686)(4,716)(3,723)(4,275)
Other undisclosed gross profit(2,070)(2,430)(2,568)2,469   
Gross profit:3,7684,2014,1854,7861,8821,4041,653
Operating expenses(4,177)(3,437)(2,553)(3,061)927(1,399)(1,801)
Other undisclosed operating income    501516875
Operating income (loss):(409)7641,6321,7253,309522727
Nonoperating expense(235)(285)(272)(343)(274)(111)(140)
Interest and debt expense(275)(281)(306)(349)(272)(120)(145)
Other undisclosed income from continuing operations before equity method investments, income taxes   349272120 
Income (loss) from continuing operations before equity method investments, income taxes:(919)1991,0541,3823,035411441
Income (loss) from equity method investments    35(2)
Other undisclosed income (loss) from continuing operations before income taxes275281306 (3)(5)147
Income (loss) from continuing operations before income taxes:(644)4801,3601,3823,035411586
Income tax expense (benefit)(302)(234)(225)53(1,051)(52)(69)
Income (loss) before gain (loss) on sale of properties:(946)2461,1351,4351,985359517
Other undisclosed net income (loss)   2(3)41
Net income (loss):(946)2461,1351,4361,982363518
Net loss attributable to noncontrolling interest(3)(5)(18)(22)(6)(3)(4)
Net income (loss) available to common stockholders, diluted:(949)2421,1171,4141,976360514

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(946)2461,1351,4361,982363518
Other comprehensive income (loss)(3)63(292)714147(798)(1,053)
Comprehensive income (loss):(949)3098432,1512,128(435)(536)
Comprehensive loss, net of tax, attributable to noncontrolling interest(6)(5)(16)(25)(3)(3)(4)
Other undisclosed comprehensive income, net of tax, attributable to parent     1 
Comprehensive income (loss), net of tax, attributable to parent:(955)3048272,1262,125(437)(539)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: