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
 6 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Cash flows from operating activities:    
Net income $ 907.3 $ 672.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 140.9 113.9
Impairment and amortization of intangible assets 89.7 6.3
Stock-based compensation 28.9 31.4
Amortization and loss on write-off of debt issuance costs 14.4 6.4
Deferred tax provision 13.6 139.9
Change in operating assets and liabilities, net of effects from purchases of businesses:    
Accounts receivable (116.7) (94.9)
Inventories 49.2 48.9
Prepaid expenses and other current assets (89.7) (28.6)
Accounts payable 40.2 144.3
Deferred revenue 27.4 12.8
Other accrued expenses and liabilities (33.1) 30.6
Other 30.8 (38.4)
Total adjustments 195.6 372.6
Net cash provided by operating activities 1,102.9 1,044.9
Cash flows from investing activities:    
Purchases of property, plant and equipment (505.1) (368.6)
Purchases of businesses (131.8) (284.9)
Payments related to sale of business (5.0) 0.0
Other investing activities 1.3 (0.1)
Net cash used in investing activities (640.6) (653.6)
Cash flows from financing activities:    
Principal payments of long-term debt (4,517.9) (842.4)
Dividends paid (201.0) (158.8)
Payments of minimum tax withholdings on stock-based payment awards (22.5) (64.7)
Payments of debt issuance costs (20.2) (4.6)
Purchases of treasury stock (14.3) (5.5)
Proceeds from issuance of long-term debt 4,017.0 940.6
Net proceeds from (repayments of) notes payable 206.6 (295.8)
Proceeds from shares issued under equity compensation plans 32.0 33.3
Excess tax benefits from stock-based payment awards 0.0 100.9
Net cash used in financing activities (520.3) (297.0)
Effect of exchange rate changes on cash and cash equivalents 6.2 (0.1)
Net increase (decrease) in cash and cash equivalents (51.8) 94.2
Cash and cash equivalents, beginning of period 177.4 83.1
Cash and cash equivalents, end of period 125.6 177.3
Supplemental disclosures of noncash investing and financing activities:    
Additions to property, plant and equipment $ 172.8 $ 209.4