Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Income (Unaudited)

v3.8.0.1
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended
May 31, 2018
May 31, 2017
Sales $ 2,230.0 $ 2,108.3
Excise taxes (182.9) (179.8)
Net sales 2,047.1 1,928.5
Cost of product sold (998.5) (940.2)
Gross profit 1,048.6 988.3
Selling, general and administrative expenses (423.2) (427.2)
Operating income 625.4 561.1
Income from unconsolidated investments 364.4 0.4
Interest expense (87.8) (82.4)
Loss on extinguishment of debt 0.0 (6.7)
Income before income taxes 902.0 472.4
Provision for income taxes (155.7) (71.4)
Net income 746.3 401.0
Net income attributable to noncontrolling interests (2.5) (2.5)
Net income attributable to CBI 743.8 398.5
Comprehensive income 560.9 600.5
Comprehensive (income) loss attributable to noncontrolling interests 7.2 (14.5)
Comprehensive income attributable to CBI 568.1 586.0
Class A Common Stock [Member]    
Net income attributable to CBI $ 660.6 $ 354.7
Net income per common share attributable to CBI:    
Net income per common share attributable to CBI, basic $ 3.93 $ 2.07
Net income per common share attributable to CBI, diluted $ 3.77 $ 1.98
Weighted average common shares outstanding:    
Weighted average common shares outstanding, basic 168,063 171,555
Weighted average common shares outstanding, diluted 197,060 201,030
Cash dividends declared per common share:    
Cash dividends declared per common share $ 0.74 $ 0.52
Class B Convertible Common Stock [Member]    
Net income attributable to CBI $ 83.2 $ 43.8
Net income per common share attributable to CBI:    
Net income per common share attributable to CBI, basic $ 3.57 $ 1.88
Net income per common share attributable to CBI, diluted $ 3.48 $ 1.83
Weighted average common shares outstanding:    
Weighted average common shares outstanding, basic 23,326 23,344
Weighted average common shares outstanding, diluted 23,326 23,344
Cash dividends declared per common share:    
Cash dividends declared per common share $ 0.67 $ 0.47