Table of Contents Summarized Financial Information of Obligor Group As of December 31, 2020 (In millions) Total current assets, out of which: $ 1,662.5  Intercompany receivables from non-guarantor subsidiaries $ 184.4  Total noncurrent assets, out of which: $ 25,378.7  Noncurrent intercompany notes receivable from non-guarantor subsidiaries $ 3,962.2  Total current liabilities, out of which: $ 3,089.4  Current portion of long-term debt and short-term borrowings $ 1,001.4  Intercompany payables due to non-guarantor subsidiaries $ 72.3  Total noncurrent liabilities, out of which: $ 14,046.4  Long-term debt $ 7,129.8  Noncurrent intercompany notes payable due to non-guarantor subsidiaries $ 4,117.6  Year ended December 31, 2020 (In millions) Net sales, out of which: $ 8,185.1  Intercompany sales to non-guarantor subsidiaries $ 31.3  Gross profit, out of which: $ 3,326.2  Intercompany net costs from non-guarantor subsidiaries $ (460.5) Net interest expense third parties $ (265.5) Intercompany net interest income from non-guarantor subsidiaries $ 90.8  Income before income taxes $ 1,107.5  Net income $ 918.6  Cash Flows and Use of Cash Our business generates positive operating cash flow each year, and our debt maturities are of a longer-term nature. However, our liquidity could be impacted significantly by the risk factors described in Part I, Item 1A. Risk Factors. Net cash provided by operating activities of approximately $1.7 billion in 2020 decreased by $201.6 million compared to 2019. This decrease was primarily driven by lower net income adjusted for non-cash add-backs and higher cash paid for taxes partially offset by favorable timing of working capital. Notably, working capital benefited from the deferral of approximately $130 million in tax payments from various government- sponsored payment deferral programs initiated in response to the coronavirus pandemic, of which we currently anticipate the majority to be paid in 2021 as these amounts become due. Net cash used in investing activities of $413.6 million in 2020 decreased by $19.7 million compared to 2019. This decrease was primarily driven by higher proceeds from the sale of breweries (approximately $150 million from the sale of the Irwindale brewery completed in the fourth quarter of 2020 compared with the receipt of $94.2 million of net proceeds from the sale of our Montreal brewery during the second quarter of 2019) and lower capital expenditures, partially offset by the lower cash inflows from other investing activities including proceeds received from the voluntary settlement of our cross currency swaps during the second quarter of 2019. 52 Cash Flows from Operating activities Cash Flows from Investing activities