Quarterly report pursuant to Section 13 or 15(d)

Comprehensive Income Attributable to CBI (Tables)

v3.7.0.1
Comprehensive Income Attributable to CBI (Tables)
 3 Months Ended
May 31, 2017
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 Three Months Ended May 31, 2017
 
 
 
 
 
Net income attributable to CBI
 
 
 
 
$
402.8

Other comprehensive income (loss) attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net gains
$
148.7

 
$
(0.2
)
 
148.5

Reclassification adjustments
—

 
—

 
—

Net gain recognized in other comprehensive income
148.7

 
(0.2
)
 
148.5

Unrealized gain on cash flow hedges:
 
 
 
 
 
Net derivative gains
51.9

 
(15.3
)
 
36.6

Reclassification adjustments
3.8

 
(1.2
)
 
2.6

Net gain recognized in other comprehensive income
55.7

 
(16.5
)
 
39.2

Unrealized loss on AFS debt securities:
 
 
 
 
 
Net AFS debt securities losses
(0.3
)
 
—

 
(0.3
)
Reclassification adjustments
—

 
—

 
—

Net loss recognized in other comprehensive income
(0.3
)
 
—

 
(0.3
)
Pension/postretirement adjustments:
 
 
 
 
 
Net actuarial gains
—

 
—

 
—

Reclassification adjustments
0.1

 
—

 
0.1

Net gain recognized in other comprehensive income
0.1

 
—

 
0.1

Other comprehensive income attributable to CBI
$
204.2

 
$
(16.7
)
 
187.5

Comprehensive income attributable to CBI
 
 
 
 
$
590.3

 
 
 
 
 
 
 
Before Tax
Amount
 
Tax (Expense)
Benefit
 
Net of Tax
Amount
(in millions)
 
 
 
 
 
For the Three Months Ended May 31, 2016
 
 
 
 
 
Net income attributable to CBI
 
 
 
 
$
318.3

Other comprehensive income (loss) attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net losses
$
(7.4
)
 
$
(1.8
)
 
(9.2
)
Reclassification adjustments
—

 
—

 
—

Net loss recognized in other comprehensive loss
(7.4
)
 
(1.8
)
 
(9.2
)
Unrealized loss on cash flow hedges:
 
 
 
 
 
Net derivative losses
(3.2
)
 
1.8

 
(1.4
)
Reclassification adjustments
10.1

 
(3.4
)
 
6.7

Net gain recognized in other comprehensive loss
6.9

 
(1.6
)
 
5.3

Unrealized gain on AFS debt securities:
 
 
 
 
 
Net AFS debt securities gains
0.1

 
—

 
0.1

Reclassification adjustments
—

 
—

 
—

Net gain recognized in other comprehensive loss
0.1

 
—

 
0.1

Pension/postretirement adjustments:
 
 
 
 
 
Net actuarial losses
(0.6
)
 
0.2

 
(0.4
)
Reclassification adjustments
0.2

 
—

 
0.2

Net loss recognized in other comprehensive loss
(0.4
)
 
0.2

 
(0.2
)
Other comprehensive loss attributable to CBI
$
(0.8
)
 
$
(3.2
)
 
(4.0
)
Comprehensive income attributable to CBI
 
 
 
 
$
314.3

 
 
 
 
 
 
Accumulated other comprehensive loss, net of income tax effect
Accumulated other comprehensive income (loss), net of income tax effect, includes the following components:
 
Foreign
Currency
Translation
Adjustments
 
Net
Unrealized
Gains (Losses)
on Derivative
Instruments
 
Net
Unrealized
Losses
on AFS Debt
Securities
 
Pension/
Postretirement
Adjustments
 
Accumulated
Other
Comprehensive
Income (Loss)
(in millions)
 
 
 
 
 
 
 
 
 
Balance, February 28, 2017
$
(358.0
)
 
$
(38.0
)
 
$
(2.3
)
 
$
(1.5
)
 
$
(399.8
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassification adjustments
148.5

 
36.6

 
(0.3
)
 
—

 
184.8

Amounts reclassified from accumulated other comprehensive income (loss)
—

 
2.6

 
—

 
0.1

 
2.7

Other comprehensive income (loss)
148.5

 
39.2

 
(0.3
)
 
0.1

 
187.5

Balance, May 31, 2017
$
(209.5
)
 
$
1.2

 
$
(2.6
)
 
$
(1.4
)
 
$
(212.3
)