Constellation Brands, Inc. Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments (Tables)

9 Months Ended

Nov. 30, 2015

The following table presents our financial assets and liabilities measured at estimated fair value on a recurring basis.



	Fair Value Measurements Using
	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
(in millions)
November 30, 2015
Assets:
Foreign currency contracts	$	—	$	8.0	$	—	$	8.0
Commodity derivative contracts	$	—	$	0.8	$	—	$	0.8
Interest rate swap contracts	$	—	$	2.2	$	—	$	2.2
Available-for-sale (“AFS”) debt securities	$	—	$	—	$	7.4	$	7.4
Liabilities:
Foreign currency contracts	$	—	$	45.0	$	—	$	45.0
Commodity derivative contracts	$	—	$	41.7	$	—	$	41.7
Interest rate swap contracts	$	—	$	13.6	$	—	$	13.6
February 28, 2015
Assets:
Foreign currency contracts	$	—	$	34.6	$	—	$	34.6
Commodity derivative contracts	$	—	$	0.7	$	—	$	0.7
Interest rate swap contracts	$	—	$	3.5	$	—	$	3.5
AFS debt securities	$	—	$	—	$	7.8	$	7.8
Liabilities:
Foreign currency contracts	$	—	$	59.0	$	—	$	59.0
Commodity derivative contracts	$	—	$	27.4	$	—	$	27.4
Interest rate swap contracts	$	—	$	23.2	$	—	$	23.2