TAP · 8-K · 20260806PR000070
Capital Expenditure Outlook
MOLSON COORS BEVERAGE CO · 2026-08-06 · Importance 70 · Surprise 40 · No source text
Capital expenditures were $335.2 million during the six months ended June 30, 2026, down from $400.6 million in the prior-year period. The company expects full-year 2026 capital expenditures of approximately $650 million, with a tolerance of plus or minus 5%. Lower capital expenditures contributed to six-month underlying free cash flow of $513.8 million, up $220.3 million year over year. Full-year underlying free cash flow guidance is $1.1 billion, plus or minus 10%.
Key facts
- For full year 2026, the Company expects capital expenditures of $650 million incurred, plus or minus 5%. source
- Additions to property, plant and equipment for the six months ended June 30, 2026: $335.2 million (capital expenditure actuals). source
- Net cash provided by (used in) investing activities for the six months ended June 30, 2026: $(599.4) million, including additions to property, plant and equipment of $(335.2) million and acquisition of business, net of cash acquired of $(271.0) million. source
- For the six months ended June 30, 2026 Additions to property, plant and equipment, net: $(335.2) million source
- U.S. GAAP depreciation and amortization for the three months ended June 30, 2026: $192.0 million source
- Underlying (Non-GAAP) depreciation and amortization for the three months ended June 30, 2026: $177.2 million source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | probable | — | For full year 2026, the Company expects capital expenditures of $650 million incurred, plus or minus 5%. |
| assets | positive | probable | — | For full year 2026, the Company expects capital expenditures of $650 million incurred, plus or minus 5%. |
| cash | negative | realized | — | Net cash provided by (used in) investing activities for the six months ended June 30, 2026: $(599.4) million, including additions to… |
| cash | negative | realized | — | For the six months ended June 30, 2026 Additions to property, plant and equipment, net: $(335.2) million |
| assets | negative | realized | — | For the six months ended June 30, 2026 Additions to property, plant and equipment, net: $(335.2) million |