date:Jul 04, 2014
he financing for the beer business acquisition, partially offset by lower average interest rates.
The effective tax rate for first quarter 2015 was 33 percent which reflected the benefits from integrating the beer business as compared to a 36 percent tax rate for the prior year first quarter.
Free cash flow for first quarter 2015 totaled $101 million as compared to a use of cash of $19 million for the prior year first quarter. The increase was primarily due to incremental benefits from the bee