For the year ending 2025-12-31, TAP had -$72.8M decrease in cash & cash equivalents over the period. $1,067.8M in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income (loss) including noncontrolling interests | -2,180.2 | 1,157.7 | 956.4 | -186.5 |
| Depreciation and amortization | 711.3 | 759.4 | 682.8 | 684.8 |
| Amortization of cloud computing arrangements | 14.4 | - | - | - |
| Amortization of debt issuance costs and discounts | 5.1 | 5.3 | 5.7 | 7.7 |
| Interest expense related to mandatorily redeemable noncontrolling interest | 0 | 46.5 | - | - |
| Share-based compensation | 35 | 43.1 | 44.9 | 33.6 |
| Goodwill impairment | 3,645.7 | 0 | 0 | 845 |
| (gain) loss on sale or impairment of property, plant, equipment and other assets, net | 262.6 | 51.8 | 181.9 | 18.6 |
| Unrealized (gain) loss on foreign currency fluctuations and derivative instruments, net | 81.7 | 28.7 | -88.3 | -236.4 |
| Equity (income) loss | 13.4 | 2.7 | 12 | 4.7 |
| Income tax (benefit) expense | -337.8 | 345.3 | 296.1 | 124 |
| Income tax (paid) received | 131.4 | 227.1 | 244.8 | 76.6 |
| Interest expense, excluding amortization of debt issuance costs and discounts | - | - | 228.3 | 242.9 |
| Interest expense, excluding amortization of debt issuance costs and discounts and mandatorily redeemable noncontrolling interest | 242.8 | 230.9 | - | - |
| Interest paid | 240.7 | 216 | 229 | 240 |
| Other non-cash items, net | -0.6 | -77.1 | - | - |
| Receivables | -48.3 | -39.6 | 0.7 | 108.5 |
| Inventories | -65.2 | -55.1 | -21.7 | 64.6 |
| Payables and other current liabilities | -285.4 | -234.4 | 50.2 | -16.1 |
| Other assets and other liabilities | -25.2 | 38.4 | -9.2 | -6 |
| Net cash provided by (used in) operating activities | 1,784.4 | 1,910.3 | 2,079 | 1,502 |
| Additions to property, plant and equipment | 716.6 | 674.1 | 671.5 | 661.4 |
| Proceeds from sales of property, plant, equipment and other assets | 15.8 | 24.5 | 10.9 | 32.2 |
| Acquisition of business, net of cash acquired | 22.3 | 8.6 | 63.7 | - |
| Other, net | 99 | -10.2 | 117.4 | -4.1 |
| Net cash provided by (used in) investing activities | -822.1 | -648 | -841.7 | -625.1 |
| Exercise of stock options under equity compensation plans | - | - | 7.9 | 3.1 |
| Dividends paid | 376.3 | 369.2 | 354.7 | 329.3 |
| Payments for purchases of treasury stock | 647.9 | 643.4 | 205.8 | 51.5 |
| Payments on debt and borrowings | 12.8 | 883.8 | 404.8 | 509.1 |
| Proceeds on debt and borrowings | 0 | 863.7 | 7 | 7 |
| Net proceeds from (payments on) revolving credit facilities and commercial paper | - | 0 | 0 | -3.7 |
| Other, net | -19.8 | -105.7 | -31 | -6 |
| Net cash provided by (used in) financing activities | -1,056.8 | -1,138.4 | -981.4 | -889.5 |
| Effect of foreign exchange rate changes on cash and cash equivalents | 21.7 | -23.5 | 13 | -24.8 |
| Net increase (decrease) in cash and cash equivalents | -72.8 | 100.4 | 268.9 | -37.4 |
| Cash and cash equivalents at beginning of period | 969.3 | 868.9 | 600 | 637.4 |
| Cash and cash equivalents at end of period | 896.5 | 969.3 | 868.9 | 600 |
MOLSON COORS BEVERAGE CO (TAP)
MOLSON COORS BEVERAGE CO (TAP)