Molson Coors Beverage Company (TAP)

TAP Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,022	868.9	600	637.4	770.1	523.4
Cash & Short-Term Investments	1,022	868.9	600	637.4	770.1	523.4
Cash Growth	27.44%	44.82%	-5.87%	-17.23%	47.13%	-50.52%
Accounts Receivable	873.5	757.8	739.8	678.9	549.6	705.9
Other Receivables	144.6	121.6	126.4	200.5	137.5	114.4
Receivables	1,018	879.4	866.2	879.4	687.1	820.3
Inventory	833.3	802.3	792.9	804.7	664.3	615.9
Other Current Assets	356.4	297.9	378.9	457.2	297.3	224.8
Total Current Assets	3,230	2,849	2,638	2,779	2,419	2,184
Property, Plant & Equipment	4,695	4,645	4,356	4,312	4,387	4,701
Long-Term Investments	39.2	41.6	40	-	-	-
Goodwill	5,318	5,325	5,292	6,153	6,151	7,631
Other Intangible Assets	12,408	12,615	12,800	13,287	13,556	13,656
Long-Term Deferred Tax Assets	-	123.7	125.8	180.2	105.7	-
Other Long-Term Assets	946.3	776.2	617	909.2	713	687
Total Assets	26,635	26,375	25,868	27,619	27,331	28,860
Accounts Payable	2,889	2,323	2,225	2,098	1,733	1,687
Accrued Expenses	-	654.7	576.7	577.7	637.5	646.2
Short-Term Debt	200.2	21.5	20.9	6.9	14	6.9
Current Portion of Long-Term Debt	2.5	885.1	370.9	571.1	1,050	886.8
Current Portion of Leases	56	52.1	50	50	51.2	81.1
Other Current Liabilities	100.1	156.6	131.8	318.4	424.5	387.7
Total Current Liabilities	3,248	4,093	3,375	3,622	3,910	3,696
Long-Term Debt	6,142	5,264	6,109	6,688	7,322	8,161
Long-Term Leases	225.6	212.4	155.5	150.4	166.3	179.5
Long-Term Deferred Tax Liabilities	2,795	2,697	2,646	2,705	2,382	2,259
Other Long-Term Liabilities	204	208.4	193.5	135.6	167	175.5
Total Liabilities	13,068	12,940	12,953	13,955	14,710	15,187
Common Stock	374	455.2	517.6	522.1	522.2	662.4
Additional Paid-In Capital	7,211	7,108	7,006	6,971	6,938	6,774
Retained Earnings	8,040	7,484	6,894	7,402	6,544	7,617
Treasury Stock	-1,173	-735.6	-522.9	-471.4	-471.4	-471.4
Comprehensive Income & Other	-1,107	-1,116	-1,206	-1,006	-1,168	-1,162
Total Common Equity	13,345	13,196	12,690	13,417	12,365	13,419
Minority Interest	222.4	239.1	225.5	247	256.3	253.7
Shareholders' Equity	13,568	13,435	12,915	13,664	12,621	13,673
Total Liabilities & Equity	26,635	26,375	25,868	27,619	27,331	28,860
Total Debt	6,626	6,435	6,706	7,466	8,603	9,315
Net Cash (Debt)	-5,605	-5,566	-6,106	-6,829	-7,833	-8,792
Net Cash Per Share	-26.39	-25.61	-28.15	-31.38	-36.13	-40.53
Filing Date Shares Outstanding	206.01	212.61	216.29	216.98	216.78	216.38
Total Common Shares Outstanding	206.5	213.3	216.3	217	216.7	216.3
Working Capital	-18.7	-1,244	-737.4	-843.5	-1,491	-1,511
Book Value Per Share	64.63	61.87	58.67	61.83	57.06	62.04
Tangible Book Value	-4,380	-4,744	-5,402	-6,022	-7,342	-7,868
Tangible Book Value Per Share	-21.21	-22.24	-24.98	-27.75	-33.88	-36.38
Land	-	365.1	355.9	355.9	341.3	417
Buildings	-	1,283	1,206	1,225	1,075	1,026
Machinery	-	5,156	4,897	4,859	4,834	4,806
Construction In Progress	-	783.7	497.4	335.2	532.1	444.2

Source: S&P Capital IQ. Standard template. Financial Sources.