Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidating Financial Information (Details 1)

v3.8.0.1
Condensed Consolidating Financial Information (Details 1) - USD ($)
$ in Millions
 3 Months Ended
May 31, 2018
May 31, 2017
Condensed Consolidating Statement of Comprehensive Income    
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
Equity in earnings (losses) of equity method investees and subsidiaries 4.7 0.4
Unrealized gain on equity securities 258.3 0.0
Net gain on sale of unconsolidated investment 101.4 0.0
Interest income 0.4 0.1
Intercompany interest income 0.0 0.0
Interest expense (88.2) (82.5)
Intercompany interest expense 0.0 0.0
Income before income taxes 902.0 472.4
(Provision for) benefit from 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 attributable to CBI 568.1 586.0
Loss on extinguishment of debt 0.0 (6.7)
Eliminations [Member]    
Condensed Consolidating Statement of Comprehensive Income    
Sales (1,341.4) (1,240.0)
Excise taxes 0.0 0.0
Net sales (1,341.4) (1,240.0)
Cost of product sold 1,308.7 1,221.9
Gross profit (32.7) (18.1)
Selling, general and administrative expenses 6.3 2.8
Operating income (26.4) (15.3)
Equity in earnings (losses) of equity method investees and subsidiaries (1,040.6) (534.0)
Unrealized gain on equity securities 0.0  
Net gain on sale of unconsolidated investment 0.0  
Interest income 0.0 0.0
Intercompany interest income (227.3) (176.5)
Interest expense 0.0 0.0
Intercompany interest expense 227.3 176.5
Income before income taxes (1,067.0) (549.3)
(Provision for) benefit from income taxes 13.5 (16.2)
Net income (1,053.5) (565.5)
Net income attributable to noncontrolling interests 0.0 0.0
Net income attributable to CBI (1,053.5) (565.5)
Comprehensive income attributable to CBI (876.7) (755.1)
Loss on extinguishment of debt   0.0
Parent Company [Member]    
Condensed Consolidating Statement of Comprehensive Income    
Sales 682.6 694.9
Excise taxes (78.8) (83.6)
Net sales 603.8 611.3
Cost of product sold (486.8) (477.2)
Gross profit 117.0 134.1
Selling, general and administrative expenses (141.3) (105.0)
Operating income (24.3) 29.1
Equity in earnings (losses) of equity method investees and subsidiaries 910.6 431.6
Unrealized gain on equity securities 0.0  
Net gain on sale of unconsolidated investment 0.0  
Interest income 0.0 0.0
Intercompany interest income 67.6 57.9
Interest expense (80.3) (65.2)
Intercompany interest expense (133.6) (93.3)
Income before income taxes 740.0 353.4
(Provision for) benefit from income taxes 3.8 45.1
Net income 743.8 398.5
Net income attributable to noncontrolling interests 0.0 0.0
Net income attributable to CBI 743.8 398.5
Comprehensive income attributable to CBI 568.1 586.0
Loss on extinguishment of debt   (6.7)
Subsidiary Guarantors [Member]    
Condensed Consolidating Statement of Comprehensive Income    
Sales 1,881.2 1,750.1
Excise taxes (100.9) (93.4)
Net sales 1,780.3 1,656.7
Cost of product sold (1,322.1) (1,214.6)
Gross profit 458.2 442.1
Selling, general and administrative expenses (238.7) (281.5)
Operating income 219.5 160.6
Equity in earnings (losses) of equity method investees and subsidiaries (12.5) (11.5)
Unrealized gain on equity securities 0.0  
Net gain on sale of unconsolidated investment 0.0  
Interest income 0.0 0.0
Intercompany interest income 158.8 117.4
Interest expense (0.3) (0.3)
Intercompany interest expense (49.5) (49.3)
Income before income taxes 316.0 216.9
(Provision for) benefit from income taxes (76.9) (68.4)
Net income 239.1 148.5
Net income attributable to noncontrolling interests 0.0 0.0
Net income attributable to CBI 239.1 148.5
Comprehensive income attributable to CBI 238.5 149.4
Loss on extinguishment of debt   0.0
Subsidiary Nonguarantors [Member]    
Condensed Consolidating Statement of Comprehensive Income    
Sales 1,007.6 903.3
Excise taxes (3.2) (2.8)
Net sales 1,004.4 900.5
Cost of product sold (498.3) (470.3)
Gross profit 506.1 430.2
Selling, general and administrative expenses (49.5) (43.5)
Operating income 456.6 386.7
Equity in earnings (losses) of equity method investees and subsidiaries 147.2 114.3
Unrealized gain on equity securities 258.3  
Net gain on sale of unconsolidated investment 101.4  
Interest income 0.4 0.1
Intercompany interest income 0.9 1.2
Interest expense (7.6) (17.0)
Intercompany interest expense (44.2) (33.9)
Income before income taxes 913.0 451.4
(Provision for) benefit from income taxes (96.1) (31.9)
Net income 816.9 419.5
Net income attributable to noncontrolling interests (2.5) (2.5)
Net income attributable to CBI 814.4 417.0
Comprehensive income attributable to CBI $ 638.2 605.7
Loss on extinguishment of debt   $ 0.0