Quarterly report pursuant to Section 13 or 15(d)

Goodwill (Tables)

v3.5.0.1
Goodwill (Tables)
 3 Months Ended
May 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill
The changes in the carrying amount of goodwill are as follows:
 
Beer
 
Wine and Spirits
 
Consolidated
(in millions)
 
 
 
 
 
Balance, February 28, 2015
$
3,776.2

 
$
2,432.0

 
$
6,208.2

Purchase accounting allocations (1)
761.8

 
203.3

 
965.1

Foreign currency translation adjustments
(7.9
)
 
(26.8
)
 
(34.7
)
Balance, February 29, 2016
4,530.1

 
2,608.5

 
7,138.6

Purchase accounting allocations (2)
(0.1
)
 
204.8

 
204.7

Foreign currency translation adjustments
(0.7
)
 
7.6

 
6.9

Balance, May 31, 2016
$
4,529.3

 
$
2,820.9

 
$
7,350.2


(1) 
Purchase accounting allocations associated with the acquisitions of Ballast Point (as defined below) (Beer) and Meiomi (as defined below) (Wine and Spirits).
(2) 
Preliminary purchase accounting allocations associated primarily with the acquisition of Prisoner (as defined below) (Wine and Spirits).
Allocation of estimated fair value for significant assets acquired
The following table summarizes the allocation of the estimated fair value for the significant assets acquired:
(in millions)
 
Goodwill
$
761.7

Trademarks
222.8

Other
15.5

Total estimated fair value
1,000.0

Less – cash acquired
(1.5
)
Purchase price
$
998.5