Molson Coors Beverage Company TAP Income Statement

Molson coors beverage company (TAP)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08
Sales
2,537,800	3,091,000	3,498,000	3,620,000	2,800,100	3,024,400	3,625,100	3,820,500	2,868,000	3,211,700	3,552,900	3,793,100	2,913,800	2,901,900	1,337,700	1,407,000	950,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excise taxes
435,000	604,800	656,400	671,700	496,800	605,700	690,900	735,300	536,500	632,100	669,700	701,800	465,100	607,900	390,100	420,800	293,600	392,500	436,900	427,300	303,200	439,500	482,000	497,400	362,300	461,300	494,200	481,700	356,300	450,000	490,300	441,500	316,700	458,300	439,500	449,500	306,900	378,300	385,100	399,300	286,000	370,800	396,600	361,500	265,200	452,700
Revenue from Contract with Customer, Including Assessed Tax
2,102,800	2,486,200	2,841,600	2,948,300	2,303,300	2,418,700	2,934,200	3,085,200	2,331,500	2,579,600	2,883,200	3,091,300	2,448,700	2,294,000	947,600	986,200	657,200	844,400	1,017,400	1,005,700	700,000	2,755,000	1,168,000	1,188,500	816,000	2,821,900	1,171,200	1,178,000	828,500	2,728,700	1,195,500	999,400	691,400	2,591,500	954,400	933,600	690,400	2,283,800	875,000	883,300	661,000	820,800	853,700	798,900	559,000	921,100
Cost of Goods and Services Sold
1,479,000	1,520,000	1,685,400	1,759,800	1,413,000	1,596,000	1,714,000	1,739,100	1,535,700	1,519,800	1,589,100	1,755,500	1,372,300	1,481,500	541,300	562,200	414,000	511,000	585,900	579,900	454,800	620,200	666,600	683,300	523,200	644,400	670,000	684,100	547,100	646,600	687,000	580,100	438,800	547,500	550,500	523,900	427,200	475,600	457,400	474,800	404,400	475,600	472,600	432,600	346,100	524,400
Net sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-323,000	1,454,300	1,433,000	1,003,200	-367,900	1,650,000	1,685,900	1,178,300	-303,800	1,665,400	1,659,700	1,184,800	-218,300	1,685,800	1,440,900	1,008,100	-258,600	1,393,900	1,383,100	997,300	-235,300	1,260,100	1,282,600	947,000	1,191,600	1,250,300	1,160,400	824,200	1,373,800
Gross profit
623,800	966,200	1,156,200	1,188,500	890,300	822,700	1,220,200	1,346,100	795,800	1,059,800	1,294,100	1,335,800	1,076,400	812,500	406,300	424,000	243,200	333,400	431,500	425,800	245,200	353,600	501,400	505,200	292,800	384,000	501,200	493,900	281,400	383,600	508,500	419,300	252,600	389,800	403,900	409,700	263,200	359,500	417,600	408,500	256,600	345,200	381,100	366,300	212,900	396,700
Marketing, general and administrative expenses
629,700	612,900	690,200	769,700	655,200	663,000	713,900	744,700	681,100	780,500	783,800	782,400	705,300	753,800	278,900	313,600	250,900	249,200	265,200	283,300	240,600	282,600	289,600	327,800	263,900	289,600	290,800	319,500	293,900	272,500	300,600	304,800	248,200	259,900	248,200	272,500	238,400	264,900	248,900	261,200	237,500	247,500	240,700	230,000	182,600	236,800
Special items, net
86,600	42,400	703,300	-49,900	13,000	18,000	36,600	10,500	-314,800	9,100	4,100	16,500	6,700	-2,453,900	-4,900	34,500	-108,600	10,900	293,500	33,700	8,600	6,600	367,600	2,700	-52,500	34,200	163,000	1,300	1,500	22,800	35,900	21,200	1,500	1,200	100	11,000	0	-200	3,100	15,800	2,600	11,100	4,300	7,100	10,200	24,800
Equity Income Loss in Equity Method Investment
-	-	-	-	-	-	-	-	-	-	-	-	-	9,700	156,900	191,900	142,400	46,200	135,300	205,500	129,300	90,000	158,900	190,100	122,800	100,700	148,300	172,600	117,400	74,400	132,000	185,600	118,900	85,500	99,400	171,800	101,200	66,200	135,300	163,600	91,000	49,600	101,200	134,100	97,100	106,500
Operating income (loss)
-92,500	310,900	-237,300	468,700	222,100	141,700	469,700	590,900	429,500	270,200	506,200	536,900	364,400	2,522,300	289,200	267,800	243,300	119,500	8,100	314,300	125,300	154,400	3,100	364,800	204,200	160,900	195,700	345,700	103,400	162,700	304,000	278,900	121,800	214,200	255,000	298,000	126,000	161,000	300,900	295,100	107,500	136,200	237,300	263,300	117,200	241,600
Other income (expense), net
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34,300	22,500	19,900	19,900	-25,600
Interest income (expense), net
-68,900	-	-65,600	-65,600	-73,300	-	-67,400	-76,700	-83,200	-	-72,600	-89,200	-96,600	-	-66,600	-40,500	-47,300	-	-26,800	-30,600	-29,200	-	-31,300	-36,200	-35,400	-	-17,800	-41,200	-74,900	-	-54,400	-84,600	-23,800	-	-27,300	-27,700	-26,800	-	-23,900	-25,400	-24,400	-	-	-	-	-
Total other non-service pension and postretirement cost (benefits), net
-7,500	22,100	-8,000	-8,400	-8,600	-10,700	-7,600	-9,900	-10,000	-79,700	9,600	9,400	13,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,700
Other income (expense), net
-4,800	-283,800	-13,700	-10,900	23,900	-272,200	200	-1,100	1,100	-294,700	-2,700	3,100	-200	-223,600	800	-30,400	-15,300	-118,500	3,700	6,300	-2,600	-136,700	-5,000	700	800	-142,700	-5,500	-7,300	4,300	-197,000	-6,400	-70,500	-1,400	-114,200	-2,300	-1,800	-700	-109,900	41,600	21,400	-8,600	-65,600	55,900	-8,300	-18,500	-
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
-158,700	206,600	-308,600	400,600	181,300	69,300	410,100	523,000	357,400	201,600	440,500	460,200	280,900	2,453,100	223,400	196,900	180,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	223,400	196,900	180,700	-	-15,000	290,000	93,500	-	-33,200	329,300	169,600	-	172,400	297,200	32,800	-	243,200	123,800	96,600	181,800	225,400	268,500	98,500	124,800	318,600	291,100	74,500	132,900	270,700	235,100	78,800	223,700
Income tax benefit (expense)
-43,300	40,400	90,700	70,400	32,200	-6,400	64,500	92,200	74,900	-543,100	147,400	125,200	65,900	1,396,800	19,600	21,200	16,700	17,600	-27,300	58,400	12,800	27,100	700	36,400	4,800	14,800	37,200	30,000	2,000	68,800	42,500	25,900	17,300	9,000	31,100	43,200	16,100	14,100	60,700	52,200	11,700	-86,000	25,300	47,300	-1,300	54,900
Net Income (loss)
-115,400	166,200	-399,300	330,200	149,100	75,700	345,600	430,800	282,500	744,700	293,100	335,000	215,000	1,056,300	203,800	175,700	164,000	70,000	12,300	231,600	80,700	93,500	-33,900	292,900	164,800	137,300	135,200	267,200	30,800	59,700	200,700	97,900	79,300	172,800	194,300	225,300	82,400	110,700	257,900	238,900	62,800	218,900	245,400	187,800	80,100	168,800
Net income (loss) including noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	203,800	173,900	163,500	69,400	15,200	231,300	82,600	94,400	-32,600	293,100	162,900	137,600	136,100	268,900	29,900	59,600	201,400	98,700	79,400	173,600	197,000	223,800	82,700	109,200	257,000	238,300	105,400	222,800	236,400	187,800	76,200	172,000
Net (income) loss attributable to noncontrolling interests
1,600	2,500	3,500	800	-2,300	-300	7,300	6,700	4,400	4,500	6,100	5,100	6,500	2,200	1,300	1,600	800	900	-1,400	2,300	1,500	300	1,800	2,200	-500	400	1,800	1,600	1,400	-400	3,000	-6,400	-100	400	-400	1,000	-200	-600	900	1,100	800	700	1,100	500	500	700
Net income (loss) attributable to Molson Coors Beverage Company
-117,000	163,700	-402,800	329,400	151,400	76,000	338,300	424,100	278,100	740,200	287,000	329,900	208,500	1,056,400	202,500	172,300	162,700	68,500	16,600	229,000	81,100	94,100	-34,400	290,900	163,400	137,200	134,300	267,300	28,500	60,000	198,400	105,100	79,500	173,200	197,400	222,800	82,900	109,800	256,100	237,200	104,600	222,100	235,300	187,300	75,700	171,300
Basic net income (loss) attributable to Molson Coors Beverage Company per share:
Income (Loss) from Continuing Operations, Per Basic Share
-0.54	0.76	-1.86	1.52	0.70	0.35	1.57	1.96	1.29	3.44	1.33	1.53	0.97	4.97	0.94	0.81	0.80	0.38	0.07	1.23	0.43	0.51	-0.20	1.57	0.90	0.75	0.73	1.45	0.16	0.33	1.09	0.58	0.44	0.96	1.05	1.20	0.44	0.59	1.39	1.28	0.33	1.19	1.32	1.02	0.43	0.91
From discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.01	0.00	-0.01	0.02	0.00	0.01	0.00	0.01	0.00	-0.01	-0.01	0.01	0.01	0.00	0.01	0.00	0.00	0.00	0.01	0.01	-0.01	0.00	-0.01	-0.01	0.00	0.23	0.02	-0.05	0.00	-0.02	0.02
Basic net income (loss) attributable to Molson Coors Brewing Company (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.94	0.80	0.80	0.37	0.09	1.23	0.44	0.51	-0.19	1.57	0.89	0.74	0.74	1.46	0.16	0.34	1.09	0.58	0.44	0.97	1.06	1.19	0.44	0.58	1.38	1.28	0.56	1.21	1.27	1.02	0.41	0.93
Diluted net income (loss) attributable to Molson Coors Beverage Company per share:
Income (Loss) from Continuing Operations, Per Diluted Share
-0.54	0.75	-1.86	1.52	0.70	0.35	1.56	1.96	1.28	3.42	1.33	1.52	0.96	4.92	0.94	0.81	0.80	0.38	0.07	1.23	0.42	0.51	-0.20	1.56	0.89	0.75	0.72	1.44	0.16	0.33	1.09	0.57	0.44	0.94	1.05	1.19	0.44	0.59	1.38	1.27	0.33	1.17	1.31	1.01	0.43	0.90
From discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.01	0.00	-0.01	0.02	0.00	0.01	0.00	0.01	0.00	-0.01	-0.01	0.01	0.01	0.00	0.01	0.00	0.00	0.00	0.01	0.01	-0.01	0.00	-0.01	-0.01	0.00	0.23	0.02	-0.05	0.00	-0.02	0.02
Diluted net income (loss) attributable to Molson Coors Brewing Company per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.94	0.80	0.80	0.37	0.09	1.23	0.43	0.51	-0.19	1.56	0.88	0.74	0.73	1.45	0.16	0.34	1.09	0.57	0.44	0.95	1.06	1.18	0.44	0.58	1.37	1.27	0.56	1.19	1.26	1.01	0.41	0.92
Weighted average shares - basic (in shares)
216,700	216,700	216,600	216,600	216,500	216,200	216,000	216,000	215,800	215,700	215,500	215,400	215,000	214,900	214,800	214,700	203,600	184,700	185,000	185,700	185,800	185,400	185,100	184,800	184,300	183,900	183,500	182,900	181,700	181,100	181,000	180,800	180,300	180,600	185,000	187,100	186,900	186,400	186,000	185,700	185,500	185,000	184,600	184,200	183,800	183,500
Dilutive effect of share-based awards
0	500	0	300	400	500	600	500	800	900	1,000	1,000	1,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average shares - diluted (in shares)
216,700	217,200	216,600	216,900	216,900	216,700	216,600	216,500	216,600	216,600	216,500	216,400	216,500	216,200	216,300	216,000	205,100	186,200	186,000	186,500	186,900	187,900	185,100	185,900	185,500	185,200	184,600	184,100	182,900	181,900	182,000	181,600	181,700	181,900	186,200	188,800	188,700	187,200	187,400	187,400	187,200	187,100	186,200	185,400	184,900	185,700
Dividends declared and paid per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.41	0.41	0.41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts attributable to Molson Coors Beverage Company
Net income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	202,500	174,100	163,200	69,100	13,700	229,300	79,200	93,200	-35,700	290,700	165,300	136,900	133,400	265,600	29,400	60,100	197,700	104,300	79,400	172,400	194,700	224,300	82,600	111,300	257,000	237,800	62,000	218,200	244,300	187,300	79,600	168,100
Income (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	5,100	0	-1,800	-500	-600	2,900	-300	1,900	900	1,300	200	-1,900	300	900	1,700	-900	-100	700	800	100	800	2,700	-1,500	300	-1,500	-900	-600	42,600	3,900	-9,000	0	-3,900	3,200
Income (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	5,100	0	-1,800	-500	-600	2,900	-300	1,900	900	1,300	200	-1,900	300	900	1,700	-900	-100	700	800	100	800	2,700	-1,500	300	-1,500	-900	-600	42,600	3,900	-9,000	0	-3,900	3,200
Net income (loss) attributable to Molson Coors Beverage Company
-117,000	163,700	-402,800	329,400	151,400	76,000	338,300	424,100	278,100	740,200	287,000	329,900	208,500	1,056,400	202,500	172,300	162,700	68,500	16,600	229,000	81,100	94,100	-34,400	290,900	163,400	137,200	134,300	267,300	28,500	60,000	198,400	105,100	79,500	173,200	197,400	222,800	82,900	109,800	256,100	237,200	104,600	222,100	235,300	187,300	75,700	171,300
Share-based Payment Arrangement [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount
2,900	1,200	1,600	1,300	1,100	600	900	1,200	500	300	400	300	200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-