Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Income (Unaudited)

v3.10.0.1
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Aug. 31, 2018
Aug. 31, 2017
Aug. 31, 2018
Aug. 31, 2017
Sales $ 2,525.7 $ 2,300.6 $ 4,755.7 $ 4,408.9
Excise taxes (226.6) (212.7) (409.5) (392.5)
Net sales 2,299.1 2,087.9 4,346.2 4,016.4
Cost of product sold (1,130.9) (1,019.2) (2,129.4) (1,959.4)
Gross profit 1,168.2 1,068.7 2,216.8 2,057.0
Selling, general and administrative expenses (403.2) (351.4) (826.4) (778.6)
Operating income 765.0 717.3 1,390.4 1,278.4
Income from unconsolidated investments 688.4 0.2 1,052.8 0.6
Interest expense (88.0) (81.3) (175.8) (163.7)
Loss on extinguishment of debt 0.0 (2.1) 0.0 (8.8)
Income before income taxes 1,365.4 634.1 2,267.4 1,106.5
Provision for income taxes (214.1) (130.0) (369.8) (201.4)
Net income 1,151.3 504.1 1,897.6 905.1
Net income attributable to noncontrolling interests (1.8) (2.5) (4.3) (5.0)
Net income attributable to CBI 1,149.5 501.6 1,893.3 900.1
Comprehensive income 1,232.6 635.6 1,793.5 1,236.1
Comprehensive income attributable to noncontrolling interests (9.1) (9.1) (1.9) (23.6)
Comprehensive income attributable to CBI 1,223.5 626.5 1,791.6 1,212.5
Class A Common Stock [Member]        
Net income attributable to CBI $ 1,020.0 $ 446.6 $ 1,680.7 $ 801.3
Net income per common share attributable to CBI:        
Net income per common share attributable to CBI, basic $ 6.11 $ 2.59 $ 10.03 $ 4.66
Net income per common share attributable to CBI, diluted $ 5.87 $ 2.49 $ 9.64 $ 4.47
Weighted average common shares outstanding:        
Weighted average common shares outstanding, basic 167,172 172,087 167,617 171,821
Weighted average common shares outstanding, diluted 195,907 201,346 196,468 201,199
Cash dividends declared per common share:        
Cash dividends declared per common share $ 0.74 $ 0.52 $ 1.48 $ 1.04
Class B Convertible Common Stock [Member]        
Net income attributable to CBI $ 129.5 $ 55.0 $ 212.6 $ 98.8
Net income per common share attributable to CBI:        
Net income per common share attributable to CBI, basic $ 5.55 $ 2.36 $ 9.11 $ 4.23
Net income per common share attributable to CBI, diluted $ 5.41 $ 2.30 $ 8.89 $ 4.13
Weighted average common shares outstanding:        
Weighted average common shares outstanding, basic 23,323 23,338 23,325 23,341
Weighted average common shares outstanding, diluted 23,323 23,338 23,325 23,341
Cash dividends declared per common share:        
Cash dividends declared per common share $ 0.67 $ 0.47 $ 1.34 $ 0.94