MOLSON COORS BEVERAGE CO
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
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FY2023 · Filed Feb 20, 2024
TAP-A$43.000.0%Stored close · as of Nov 9, 2026
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Item 8. Consolidated Balance Sheets
(IN MILLIONS, EXCEPT PAR VALUE)
| As of | ||
|---|---|---|
| December 31, 2023 | December 31, 2022 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $868.9 | $600.0 |
| Trade receivables, net | 757.8 | 739.8 |
| Other receivables, net | 121.6 | 126.4 |
| Inventories, net | 802.3 | 792.9 |
| Other current assets, net | 297.9 | 378.9 |
| Total current assets | 2,848.5 | 2,638.0 |
| Property, plant and equipment, net | 4,444.5 | 4,222.8 |
| Goodwill | 5,325.3 | 5,291.9 |
| Other intangibles, net | 12,614.6 | 12,800.1 |
| Other assets | 1,142.2 | 915.5 |
| Total assets | $26,375.1 | $25,868.3 |
| Liabilities and equity | ||
| Current liabilities | ||
| Accounts payable and other current liabilities | $3,180.8 | $2,978.3 |
| Current portion of long-term debt and short-term borrowings | 911.8 | 397.1 |
| Total current liabilities | 4,092.6 | 3,375.4 |
| Long-term debt | 5,312.1 | 6,165.2 |
| Pension and postretirement benefits | 465.8 | 473.3 |
| Deferred tax liabilities | 2,697.2 | 2,646.4 |
| Other liabilities | 372.3 | 292.8 |
| Total liabilities | 12,940.0 | 12,953.1 |
| Commitments and contingencies (Note 13) | ||
| Redeemable noncontrolling interest | 27.9 | — |
| Molson Coors Beverage Company stockholders' equity | ||
| Capital stock | ||
| Preferred stock, $0.01 par value (authorized: 25.0 shares; none issued) | — | — |
| Class A common stock, $0.01 par value (authorized: 500.0 shares; issued: 2.6 shares and 2.6 shares, respectively) | — | — |
| Class B common stock, $0.01 par value (authorized: 500.0 shares; issued: 212.5 shares and 210.5 shares, respectively) | 2.1 | 2.1 |
| Class A exchangeable shares, no par value (issued: 2.7 shares and 2.7 shares, respectively) | 100.8 | 102.2 |
| Class B exchangeable shares, no par value (issued: 9.4 shares and 11.0 shares, respectively) | 352.3 | 413.3 |
| Paid-in capital | 7,108.4 | 7,006.4 |
| Retained earnings | 7,484.3 | 6,894.1 |
| Accumulated other comprehensive income (loss) | (1,116.3) | (1,205.5) |
| Class B common stock held in treasury at cost (13.9 shares and 10.5 shares, respectively) | (735.6) | (522.9) |
| Total Molson Coors Beverage Company stockholders' equity | 13,196.0 | 12,689.7 |
| Noncontrolling interests | 211.2 | 225.5 |
| Total equity | 13,407.2 | 12,915.2 |
| Total liabilities and equity | $26,375.1 | $25,868.3 |
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