Quarterly report pursuant to Section 13 or 15(d)

Comprehensive Income Attributable to CBI (Tables)

v3.8.0.1
Comprehensive Income Attributable to CBI (Tables)
 6 Months Ended
Aug. 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 Six Months Ended August 31, 2017
 
 
 
 
 
Net income attributable to CBI
 
 
 
 
$
902.3

Other comprehensive income (loss) attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net gains
$
253.5

 
$
(1.0
)
 
252.5

Reclassification adjustments
—

 
—

 
—

Net gain recognized in other comprehensive income
253.5

 
(1.0
)
 
252.5

Unrealized gain on cash flow hedges:
 
 
 
 
 
Net derivative gains
83.9

 
(23.9
)
 
60.0

Reclassification adjustments
(0.2
)
 
(0.1
)
 
(0.3
)
Net gain recognized in other comprehensive income
83.7

 
(24.0
)
 
59.7

Unrealized gain on AFS debt securities:
 
 
 
 
 
Net AFS debt securities gains
0.4

 
(0.2
)
 
0.2

Reclassification adjustments
—

 
—

 
—

Net gain recognized in other comprehensive income
0.4

 
(0.2
)
 
0.2

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

 
—

Reclassification adjustments
—

 
—

 
—

Net loss recognized in other comprehensive income
(0.1
)
 
0.1

 
—

Other comprehensive income attributable to CBI
$
337.5

 
$
(25.1
)
 
312.4

Comprehensive income attributable to CBI
 
 
 
 
$
1,214.7

 
 
 
 
 
 
 
Before Tax
Amount
 
Tax (Expense)
Benefit
 
Net of Tax
Amount
(in millions)
 
 
 
 
 
For the Six Months Ended August 31, 2016
 
 
 
 
 
Net income attributable to CBI
 
 
 
 
$
677.2

Other comprehensive income (loss) attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net losses
$
(2.8
)
 
$
(1.7
)
 
(4.5
)
Reclassification adjustments
—

 
—

 
—

Net loss recognized in other comprehensive income
(2.8
)
 
(1.7
)
 
(4.5
)
Unrealized loss on cash flow hedges:
 
 
 
 
 
Net derivative losses
(3.1
)
 
2.6

 
(0.5
)
Reclassification adjustments
20.9

 
(6.7
)
 
14.2

Net gain recognized in other comprehensive income
17.8

 
(4.1
)
 
13.7

Unrealized gain on AFS debt securities:
 
 
 
 
 
Net AFS debt securities gains
0.2

 
0.1

 
0.3

Reclassification adjustments
—

 
—

 
—

Net gain recognized in other comprehensive income
0.2

 
0.1

 
0.3

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

 
(0.4
)
Reclassification adjustments
0.3

 
—

 
0.3

Net loss recognized in other comprehensive income
(0.3
)
 
0.2

 
(0.1
)
Other comprehensive income attributable to CBI
$
14.9

 
$
(5.5
)
 
9.4

Comprehensive income attributable to CBI
 
 
 
 
$
686.6

 
 
 
 
 
 
For the Three Months Ended August 31, 2017
 
 
 
 
 
Net income attributable to CBI
 
 
 
 
$
499.5

Other comprehensive income (loss) attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net gains
$
104.8

 
$
(0.8
)
 
104.0

Reclassification adjustments
—

 
—

 
—

Net gain recognized in other comprehensive income
104.8

 
(0.8
)
 
104.0

Unrealized gain on cash flow hedges:
 
 
 
 
 
Net derivative gains
32.0

 
(8.6
)
 
23.4

Reclassification adjustments
(4.0
)
 
1.1

 
(2.9
)
Net gain recognized in other comprehensive income
28.0

 
(7.5
)
 
20.5

Unrealized gain on AFS debt securities:
 
 
 
 
 
Net AFS debt securities gains
0.7

 
(0.2
)
 
0.5

Reclassification adjustments
—

 
—

 
—

Net gain recognized in other comprehensive income
0.7

 
(0.2
)
 
0.5

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

 
—

Reclassification adjustments
(0.1
)
 
—

 
(0.1
)
Net loss recognized in other comprehensive income
(0.2
)
 
0.1

 
(0.1
)
Other comprehensive income attributable to CBI
$
133.3

 
$
(8.4
)
 
124.9

Comprehensive income attributable to CBI
 
 
 
 
$
624.4

 
 
 
 
 
 
 
Before Tax
Amount
 
Tax (Expense)
Benefit
 
Net of Tax
Amount
(in millions)
 
 
 
 
 
For the Three Months Ended August 31, 2016
 
 
 
 
 
Net income attributable to CBI
 
 
 
 
$
358.9

Other comprehensive income attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net gains
$
4.6

 
$
0.1

 
4.7

Reclassification adjustments
—

 
—

 
—

Net gain recognized in other comprehensive income
4.6

 
0.1

 
4.7

Unrealized gain on cash flow hedges:
 
 
 
 
 
Net derivative gains
0.1

 
0.8

 
0.9

Reclassification adjustments
10.8

 
(3.3
)
 
7.5

Net gain recognized in other comprehensive income
10.9

 
(2.5
)
 
8.4

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 income
0.1

 
0.1

 
0.2

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
$
15.7

 
$
(2.3
)
 
13.4

Comprehensive income attributable to CBI
 
 
 
 
$
372.3

Accumulated other comprehensive income (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
Gains (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:
 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassification adjustments
252.5

 
60.0

 
0.2

 
—

 
312.7

Amounts reclassified from accumulated other comprehensive income (loss)
—

 
(0.3
)
 
—

 
—

 
(0.3
)
Other comprehensive income
252.5

 
59.7

 
0.2

 
—

 
312.4

Balance, August 31, 2017
$
(105.5
)
 
$
21.7

 
$
(2.1
)
 
$
(1.5
)
 
$
(87.4
)