Quarterly report pursuant to Section 13 or 15(d)

Comprehensive Income Attributable to CBI (Tables)

v3.6.0.2
Comprehensive Income Attributable to CBI (Tables)
 9 Months Ended
Nov. 30, 2016
Equity [Abstract]  
Reconciliation of net income attributable to CBI to comprehensive income attributable to CBI
The reconciliation of net income attributable to CBI to comprehensive income attributable to CBI is as follows:
 
Before Tax
Amount
 
Tax (Expense)
Benefit
 
Net of Tax
Amount
(in millions)
 
 
 
 
 
For the Nine Months Ended November 30, 2016
 
 
 
 
 
Net income attributable to CBI
 
 
 
 
$
1,083.1

Other comprehensive income (loss) attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net losses
$
(128.4
)
 
$
(0.7
)
 
(129.1
)
Reclassification adjustments
—

 
—

 
—

Net loss recognized in other comprehensive loss
(128.4
)
 
(0.7
)
 
(129.1
)
Unrealized loss on cash flow hedges:
 
 
 
 
 
Net derivative losses
(55.3
)
 
17.8

 
(37.5
)
Reclassification adjustments
32.0

 
(10.1
)
 
21.9

Net loss recognized in other comprehensive loss
(23.3
)
 
7.7

 
(15.6
)
Unrealized gain on AFS debt securities:
 
 
 
 
 
Net AFS debt securities gains
0.1

 
0.1

 
0.2

Reclassification adjustments
—

 
—

 
—

Net gain recognized in other comprehensive loss
0.1

 
0.1

 
0.2

Pension/postretirement adjustments:
 
 
 
 
 
Net actuarial losses
(0.1
)
 
—

 
(0.1
)
Reclassification adjustments
0.5

 
(0.1
)
 
0.4

Net gain recognized in other comprehensive loss
0.4

 
(0.1
)
 
0.3

Other comprehensive loss attributable to CBI
$
(151.2
)
 
$
7.0

 
(144.2
)
Comprehensive income attributable to CBI
 
 
 
 
$
938.9

 
 
 
 
 
 
 
Before Tax
Amount
 
Tax (Expense)
Benefit
 
Net of Tax
Amount
(in millions)
 
 
 
 
 
For the Nine Months Ended November 30, 2015
 
 
 
 
 
Net income attributable to CBI
 
 
 
 
$
811.5

Other comprehensive income (loss) attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net losses
$
(209.7
)
 
$
2.7

 
(207.0
)
Reclassification adjustments
—

 
—

 
—

Net loss recognized in other comprehensive loss
(209.7
)
 
2.7

 
(207.0
)
Unrealized loss on cash flow hedges:
 
 
 
 
 
Net derivative losses
(36.2
)
 
9.7

 
(26.5
)
Reclassification adjustments
27.1

 
(8.2
)
 
18.9

Net loss recognized in other comprehensive loss
(9.1
)
 
1.5

 
(7.6
)
Unrealized loss on AFS debt securities:
 
 
 
 
 
Net AFS debt securities losses
(0.4
)
 
—

 
(0.4
)
Reclassification adjustments
—

 
—

 
—

Net loss recognized in other comprehensive loss
(0.4
)
 
—

 
(0.4
)
Pension/postretirement adjustments:
 
 
 
 
 
Net actuarial gains
1.2

 
(0.3
)
 
0.9

Reclassification adjustments
0.3

 
(0.2
)
 
0.1

Net gain recognized in other comprehensive loss
1.5

 
(0.5
)
 
1.0

Other comprehensive loss attributable to CBI
$
(217.7
)
 
$
3.7

 
(214.0
)
Comprehensive income attributable to CBI
 
 
 
 
$
597.5

 
 
 
 
 
 
For the Three Months Ended November 30, 2016
 
 
 
 
 
Net income attributable to CBI
 
 
 
 
$
405.9

Other comprehensive income (loss) attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net losses
$
(125.6
)
 
$
1.0

 
(124.6
)
Reclassification adjustments
—

 
—

 
—

Net loss recognized in other comprehensive loss
(125.6
)
 
1.0

 
(124.6
)
Unrealized loss on cash flow hedges:
 
 
 
 
 
Net derivative losses
(52.2
)
 
15.2

 
(37.0
)
Reclassification adjustments
11.1

 
(3.4
)
 
7.7

Net loss recognized in other comprehensive loss
(41.1
)
 
11.8

 
(29.3
)
Unrealized loss on AFS debt securities:
 
 
 
 
 
Net AFS debt securities losses
(0.1
)
 
—

 
(0.1
)
Reclassification adjustments
—

 
—

 
—

Net loss recognized in other comprehensive loss
(0.1
)
 
—

 
(0.1
)
Pension/postretirement adjustments:
 
 
 
 
 
Net actuarial gains
0.5

 
(0.2
)
 
0.3

Reclassification adjustments
0.2

 
(0.1
)
 
0.1

Net gain recognized in other comprehensive loss
0.7

 
(0.3
)
 
0.4

Other comprehensive loss attributable to CBI
$
(166.1
)
 
$
12.5

 
(153.6
)
Comprehensive income attributable to CBI
 
 
 
 
$
252.3

 
 
 
 
 
 
 
Before Tax
Amount
 
Tax (Expense)
Benefit
 
Net of Tax
Amount
(in millions)
 
 
 
 
 
For the Three Months Ended November 30, 2015
 
 
 
 
 
Net income attributable to CBI
 
 
 
 
$
270.5

Other comprehensive income attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net gains
$
8.1

 
$
(0.1
)
 
8.0

Reclassification adjustments
—

 
—

 
—

Net gain recognized in other comprehensive income
8.1

 
(0.1
)
 
8.0

Unrealized gain on cash flow hedges:
 
 
 
 
 
Net derivative gains
12.7

 
(3.3
)
 
9.4

Reclassification adjustments
10.8

 
(3.1
)
 
7.7

Net gain recognized in other comprehensive income
23.5

 
(6.4
)
 
17.1

Pension/postretirement adjustments:
 
 
 
 
 
Net actuarial gains
0.3

 
—

 
0.3

Reclassification adjustments
0.1

 
(0.2
)
 
(0.1
)
Net gain recognized in other comprehensive income
0.4

 
(0.2
)
 
0.2

Other comprehensive income attributable to CBI
$
32.0

 
$
(6.7
)
 
25.3

Comprehensive income attributable to CBI
 
 
 
 
$
295.8

Accumulated other comprehensive loss, net of income tax effect
Accumulated other comprehensive loss, net of income tax effect, includes the following components:
 
Foreign
Currency
Translation
Adjustments
 
Net
Unrealized
Losses on
Derivative
Instruments
 
Net
Unrealized
Gains (Losses)
on AFS Debt
Securities
 
Pension/
Postretirement
Adjustments
 
Accumulated
Other
Comprehensive
Loss
(in millions)
 
 
 
 
 
 
 
 
 
Balance, February 29, 2016
$
(390.5
)
 
$
(46.1
)
 
$
(2.8
)
 
$
(13.1
)
 
$
(452.5
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassification adjustments
(129.1
)
 
(37.5
)
 
0.2

 
(0.1
)
 
(166.5
)
Amounts reclassified from accumulated other comprehensive loss
—

 
21.9

 
—

 
0.4

 
22.3

Other comprehensive income (loss)
(129.1
)
 
(15.6
)
 
0.2

 
0.3

 
(144.2
)
Balance, November 30, 2016
$
(519.6
)
 
$
(61.7
)
 
$
(2.6
)
 
$
(12.8
)
 
$
(596.7
)