Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidating Financial Information (Details 2)

v3.8.0.1
Condensed Consolidating Financial Information (Details 2) - USD ($)
$ in Millions
 3 Months Ended
May 31, 2018
May 31, 2017
Condensed Consolidating Statement of Cash Flows    
Net cash provided by (used in) operating activities $ 504.0 $ 381.6
Cash flows from investing activities:    
Purchases of property, plant and equipment (168.2) (217.1)
Proceeds from sale of unconsolidated investment 110.2 0.0
Net proceeds from intercompany notes 0.0 0.0
Net returns of capital from (investments in) equity affiliates 0.0 0.0
Other investing activities 4.5 (4.2)
Net cash used in investing activities (53.5) (221.3)
Cash flows from financing activities:    
Dividends paid to parent company 0.0 0.0
Net contributions from equity affiliates 0.0 0.0
Net proceeds from (repayments of) intercompany notes 0.0 0.0
Dividends paid (140.5) (100.5)
Purchases of treasury stock (100.0) 0.0
Net proceeds from (repayments of) short-term borrowings (77.5) 381.3
Payments of minimum tax withholdings on stock-based payment awards (12.9) (22.3)
Principal payments of long-term debt (5.9) (1,913.4)
Proceeds from shares issued under equity compensation plans 7.6 16.6
Net cash used in financing activities (329.2) (141.6)
Payments of debt issuance costs 0.0 (11.8)
Proceeds from issuance of long-term debt 0.0 1,508.5
Effect of exchange rate changes on cash and cash equivalents (1.6) 3.0
Net increase in cash and cash equivalents 119.7 21.7
Cash and cash equivalents, beginning of period 90.3 177.4
Cash and cash equivalents, end of period 210.0 199.1
Eliminations [Member]    
Condensed Consolidating Statement of Cash Flows    
Net cash provided by (used in) operating activities 0.0 0.0
Cash flows from investing activities:    
Purchases of property, plant and equipment 0.0 0.0
Proceeds from sale of unconsolidated investment 0.0  
Net proceeds from intercompany notes (347.1) (420.2)
Net returns of capital from (investments in) equity affiliates (2.1) 5.8
Other investing activities 0.0 0.0
Net cash used in investing activities (349.2) (414.4)
Cash flows from financing activities:    
Dividends paid to parent company 17.0 8.0
Net contributions from equity affiliates (14.9) (13.8)
Net proceeds from (repayments of) intercompany notes 347.1 420.2
Dividends paid 0.0 0.0
Purchases of treasury stock 0.0  
Net proceeds from (repayments of) short-term borrowings 0.0 0.0
Payments of minimum tax withholdings on stock-based payment awards 0.0 0.0
Principal payments of long-term debt 0.0 0.0
Proceeds from shares issued under equity compensation plans 0.0 0.0
Net cash used in financing activities 349.2 414.4
Payments of debt issuance costs   0.0
Proceeds from issuance of long-term debt   0.0
Effect of exchange rate changes on cash and cash equivalents 0.0 0.0
Net increase in cash and cash equivalents 0.0 0.0
Cash and cash equivalents, beginning of period 0.0 0.0
Cash and cash equivalents, end of period 0.0 0.0
Parent Company [Member]    
Condensed Consolidating Statement of Cash Flows    
Net cash provided by (used in) operating activities (133.6) (161.0)
Cash flows from investing activities:    
Purchases of property, plant and equipment (3.9) (4.8)
Proceeds from sale of unconsolidated investment 0.0  
Net proceeds from intercompany notes 265.3 419.3
Net returns of capital from (investments in) equity affiliates 2.1 (5.8)
Other investing activities 0.3 0.0
Net cash used in investing activities 263.8 408.7
Cash flows from financing activities:    
Dividends paid to parent company 0.0 0.0
Net contributions from equity affiliates 0.0 0.0
Net proceeds from (repayments of) intercompany notes 132.3 (1.7)
Dividends paid (140.5) (100.5)
Purchases of treasury stock (100.0)  
Net proceeds from (repayments of) short-term borrowings (27.7) 254.0
Payments of minimum tax withholdings on stock-based payment awards 0.0 0.0
Principal payments of long-term debt (1.2) (1,876.8)
Proceeds from shares issued under equity compensation plans 7.6 16.6
Net cash used in financing activities (129.5) (224.7)
Payments of debt issuance costs   (11.8)
Proceeds from issuance of long-term debt   1,495.5
Effect of exchange rate changes on cash and cash equivalents 0.0 0.0
Net increase in cash and cash equivalents 0.7 23.0
Cash and cash equivalents, beginning of period 4.6 9.6
Cash and cash equivalents, end of period 5.3 32.6
Subsidiaries Guarantors [Member]    
Condensed Consolidating Statement of Cash Flows    
Net cash provided by (used in) operating activities 329.1 488.9
Cash flows from investing activities:    
Purchases of property, plant and equipment (26.8) (21.9)
Proceeds from sale of unconsolidated investment 0.0  
Net proceeds from intercompany notes 80.5 0.0
Net returns of capital from (investments in) equity affiliates 0.0 0.0
Other investing activities 0.5 0.0
Net cash used in investing activities 54.2 (21.9)
Cash flows from financing activities:    
Dividends paid to parent company 0.0 0.0
Net contributions from equity affiliates 6.8 11.3
Net proceeds from (repayments of) intercompany notes (374.8) (450.9)
Dividends paid 0.0 0.0
Purchases of treasury stock 0.0  
Net proceeds from (repayments of) short-term borrowings 0.0 0.0
Payments of minimum tax withholdings on stock-based payment awards (12.3) (21.4)
Principal payments of long-term debt (4.6) (4.9)
Proceeds from shares issued under equity compensation plans 0.0 0.0
Net cash used in financing activities (384.9) (465.9)
Payments of debt issuance costs   0.0
Proceeds from issuance of long-term debt   0.0
Effect of exchange rate changes on cash and cash equivalents 0.0 0.0
Net increase in cash and cash equivalents (1.6) 1.1
Cash and cash equivalents, beginning of period 4.4 5.3
Cash and cash equivalents, end of period 2.8 6.4
Subsidiary Nonguarantors [Member]    
Condensed Consolidating Statement of Cash Flows    
Net cash provided by (used in) operating activities 308.5 53.7
Cash flows from investing activities:    
Purchases of property, plant and equipment (137.5) (190.4)
Proceeds from sale of unconsolidated investment 110.2  
Net proceeds from intercompany notes 1.3 0.9
Net returns of capital from (investments in) equity affiliates 0.0 0.0
Other investing activities 3.7 (4.2)
Net cash used in investing activities (22.3) (193.7)
Cash flows from financing activities:    
Dividends paid to parent company (17.0) (8.0)
Net contributions from equity affiliates 8.1 2.5
Net proceeds from (repayments of) intercompany notes (104.6) 32.4
Dividends paid 0.0 0.0
Purchases of treasury stock 0.0  
Net proceeds from (repayments of) short-term borrowings (49.8) 127.3
Payments of minimum tax withholdings on stock-based payment awards (0.6) (0.9)
Principal payments of long-term debt (0.1) (31.7)
Proceeds from shares issued under equity compensation plans 0.0 0.0
Net cash used in financing activities (164.0) 134.6
Payments of debt issuance costs   0.0
Proceeds from issuance of long-term debt   13.0
Effect of exchange rate changes on cash and cash equivalents (1.6) 3.0
Net increase in cash and cash equivalents 120.6 (2.4)
Cash and cash equivalents, beginning of period 81.3 162.5
Cash and cash equivalents, end of period $ 201.9 $ 160.1