CONTRACTUAL OBLIGATIONS ■■
The chart below details the Company’s major contractual obligations in the coming years.
As at 31 December 2017, the Company has the following major contractual obligations: ■■ ■■ ■■
Debt obligations: $11.38B Interest payments: $4.50B Other long-term obligations: $3.29B – This consists of $2.2B of long-term supply contracts and $0.9B of commitments for advertising and promotions, including sports sponsorship.
The Company reported that at the end of Q3 2018, it has reduced its long-term debt in the nine-month period by USD367M to $10.56B.
CONTRACTUAL OBLIGATIONS $7,000M $6,000M $5,000M $4,000M $3,000M $2,000M $1,000M $0M
Retirement plan expenditures
* Data Source: Molson Coors 2017 Annual Report p60
Other long-term obligations