Molson Coors Beverage Company (TAP)

TAP Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-2,090	1,122	948.9	-175.3	1,006	-949
Depreciation & Amortization	666	665.8	682.8	684.8	770.7	809.7
Other Amortization	7.4	5.3	5.7	7.7	6.7	8.1
Loss (Gain) From Sale of Assets	281.9	51.8	181.9	18.6	9.1	-1,415
Asset Writedown & Restructuring Costs	3,757	93.6	-	845	15.4	3,081
Loss (Gain) on Equity Investments	-17.8	-2.7	-12	-4.7	-	-
Stock-Based Compensation	35.7	43.1	44.9	33.6	32.1	24.2
Other Operating Activities	-714.1	109.1	146.4	275.5	-230.1	60.8
Change in Accounts Receivable	39.6	39.6	-0.7	-108.5	-137.6	160.8
Change in Inventory	55.1	55.1	21.7	-64.6	-143.9	-46.2
Change in Accounts Payable	-234.4	-234.4	50.2	-16.1	285.5	-50.1
Change in Other Net Operating Assets	-48.3	-38.4	9.2	6	-40.1	11.6
Operating Cash Flow	1,738	1,910	2,079	1,502	1,574	1,696
Operating Cash Flow Growth	-8.05%	-8.11%	38.41%	-4.54%	-7.21%	-10.63%
Capital Expenditures	-644.8	-674.1	-671.5	-661.4	-522.6	-574.8
Sale of Property, Plant & Equipment	15.7	24.5	10.9	32.2	26	158.8
Cash Acquisitions	-30.9	-8.6	-63.7	-	-	-
Other Investing Activities	-92.8	10.2	-117.4	4.1	-13.3	2.4
Investing Cash Flow	-752.8	-648	-841.7	-625.1	-509.9	-413.6
Long-Term Debt Issued	-	863.7	7	7	1.4	1.5
Total Debt Issued	-	863.7	7	7	1.4	1.5
Long-Term Debt Repaid	-	-883.8	-404.8	-512.8	-1,007	-918.9
Total Debt Repaid	-14.4	-883.8	-404.8	-512.8	-1,007	-918.9
Net Debt Issued (Repaid)	-14.4	-20.1	-397.8	-505.8	-1,005	-917.4
Issuance of Common Stock	-	-	-	-	4.6	4.1
Repurchase of Common Stock	-538.8	-643.4	-205.8	-51.5	-	-
Common Dividends Paid	-375.5	-369.2	-354.7	-329.3	-147.8	-125.3
Other Financing Activities	-111.5	-105.7	-23.1	-2.9	-23.8	-31.8
Financing Cash Flow	-1,040	-1,138	-981.4	-889.5	-1,172	-1,070
Foreign Exchange Rate Adjustments	-16.7	-23.5	13	-24.8	-24.1	35
Net Cash Flow	-71.5	100.4	268.9	-37.4	-132.7	246.7
Free Cash Flow	1,093	1,236	1,408	840.6	1,051	1,121
Free Cash Flow Growth	-4.91%	-12.17%	67.44%	-20.01%	-6.25%	-14.01%
Free Cash Flow Margin	9.75%	10.63%	12.03%	7.85%	10.22%	11.61%
Free Cash Flow Per Share	5.42	5.89	6.48	3.88	4.83	5.17
Cash Interest Paid	241	216	229	240	256.2	271.9
Cash Income Tax Paid	210	227.1	244.8	76.6	227	127
Levered Free Cash Flow	718.81	928.13	1,174	656.4	796.93	1,050
Unlevered Free Cash Flow	869.25	1,100	1,314	805.33	952.91	1,214
Change in Working Capital	-188	-178.1	80.4	-183.2	-36.1	76.1

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q