Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
May. 31, 2015
May. 31, 2014
Cash flows from operating activities:    
Net income $ 240.2 $ 206.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 43.0 39.0
Deferred tax provision 38.3 39.6
Stock-based compensation 12.3 11.7
Amortization of intangible assets 11.7 10.5
Amortization of deferred financing costs 3.2 2.6
Change in operating assets and liabilities:    
Accounts receivable (98.3) (24.3)
Inventories 37.0 (31.8)
Prepaid expenses and other current assets 0.6 (17.4)
Accounts payable 21.1 32.5
Accrued excise taxes 2.2 (0.3)
Other accrued expenses and liabilities (105.2) (44.1)
Other (0.4) 7.6
Total adjustments (34.5) 25.6
Net cash provided by operating activities 205.7 232.3
Cash flows from investing activities:    
Purchases of property, plant and equipment (129.7) (131.4)
Other investing activities (1.6) (4.9)
Net cash used in investing activities (131.3) (136.3)
Cash flows from financing activities:    
Principal payments of long-term debt (79.4) (4.8)
Dividends paid (59.8) 0.0
Payments of minimum tax withholdings on stock-based payment awards (38.3) (28.4)
Excess tax benefits from stock-based payment awards 63.6 57.4
Net proceeds from notes payable 50.9 178.1
Proceeds from shares issued under equity compensation plans 9.6 10.8
Net cash provided by (used in) financing activities (53.4) 213.1
Effect of exchange rate changes on cash and cash equivalents (0.4) 5.0
Net increase in cash and cash equivalents 20.6 314.1
Cash and cash equivalents, beginning of period 110.1 63.9
Cash and cash equivalents, end of period $ 130.7 $ 378.0