filings.toolsItem 6. SELECTED FINANCIAL DATA
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Item 6. SELECTED FINANCIAL DATA
The table below summarizes selected financial information for the five years ended December 31, 2019. For further information, refer to our consolidated financial statements and notes thereto presented under Part II—Item 8 Financial Statements and Supplementary Data.
| 2019 | 2018 | 2017 | 2016 | 2015 | |||||||||||||||
| (In millions, except per share data) | |||||||||||||||||||
| Consolidated Statements of Operations: | |||||||||||||||||||
| Net sales | $ | 10,579.4 | $ | 10,769.6 | $ | 11,002.8 | $ | 4,885.0 | $ | 3,567.5 | |||||||||
| Net income attributable to MCBC | $ | 241.7 | $ | 1,116.5 | $ | 1,565.6 | $ | 1,593.9 | $ | 395.2 | |||||||||
| Net income attributable to MCBC per share: | |||||||||||||||||||
| Basic | $ | 1.12 | $ | 5.17 | $ | 7.27 | $ | 7.52 | $ | 2.13 | |||||||||
| Diluted | $ | 1.11 | $ | 5.15 | $ | 7.23 | $ | 7.47 | $ | 2.12 | |||||||||
| Consolidated Balance Sheets: | |||||||||||||||||||
| Total assets | $ | 28,859.8 | $ | 30,109.8 | $ | 30,246.9 | $ | 29,341.5 | $ | 12,276.3 | |||||||||
| Current portion of long-term debt and short-term borrowings | $ | 928.2 | $ | 1,594.5 | $ | 714.8 | $ | 684.8 | $ | 28.7 | |||||||||
| Long-term debt | $ | 8,109.5 | $ | 8,893.8 | $ | 10,598.7 | $ | 11,387.7 | $ | 2,908.7 | |||||||||
| Other information: | |||||||||||||||||||
| Dividends per share of common stock | $ | 1.96 | $ | 1.64 | $ | 1.64 | $ | 1.64 | $ | 1.64 |
For the year ended December 31, 2016, includes MillerCoors' results of operations on a consolidated basis for the post-acquisition period October 11, 2016, through December 31, 2016, as well as the assets acquired and related debt issued in connection with the Acquisition. Prior to October 11, 2016, MCBC’s 42% share of MillerCoors' results of operations was reported as equity income in MillerCoors in the consolidated statements of operations and our 42% share of MillerCoors' net assets was reported as Investment in MillerCoors in the consolidated balance sheets. Also included in net income attributable to MCBC is a net special items gain of approximately $3.0 billion related to the fair value remeasurement of our pre-existing 42% interest in MillerCoors over its carrying value, as well as the reclassification of the loss related to MCBC's historical AOCI on our 42% interest in MillerCoors.
For the year ended December 31, 2017, includes the impact of the reduction to the U.S. federal income tax rate as a result of U.S. tax reform in 2017 (see Part II—Item 8 Financial Statements and Supplementary Data, Note 6, "Income Tax"). Additionally, during the year ended 2018 we recorded a gain within special items, net of $328.0 million which constitutes the Adjustment Amount (as defined and further discussed in Part II—Item 8 Financial Statements and Supplementary Data, Note 7, "Special Items") related to the settlement agreement between MCBC and ABI. For the year ended December 31, 2019, includes the impact of aggregate goodwill and intangible asset impairment losses of $691.9 million, primarily related to our Canada reporting unit. See Part II—Item 8 Financial Statements and Supplementary Data, Note 10, "Goodwill and Intangible Assets" and Note 6, "Income Tax" for further information regarding these impairment losses and the related income tax impact.
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