Quarterly report pursuant to Section 13 or 15(d)

Comprehensive Income Attributable to CBI (Tables)

v3.10.0.1
Comprehensive Income Attributable to CBI (Tables)
 6 Months Ended
Aug. 31, 2018
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, 2018
 
 
 
 
 
Net income attributable to CBI
 
 
 
 
$
1,893.3

Other comprehensive income (loss) attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net losses
$
(92.5
)
 
$
—

 
(92.5
)
Reclassification adjustments
—

 
—

 
—

Net loss recognized in other comprehensive loss
(92.5
)
 
—

 
(92.5
)
Unrealized loss on cash flow hedges:
 
 
 
 
 
Net derivative losses
(7.9
)
 
0.8

 
(7.1
)
Reclassification adjustments
(6.0
)
 
1.2

 
(4.8
)
Net loss recognized in other comprehensive loss
(13.9
)
 
2.0

 
(11.9
)
Unrealized loss on AFS debt securities:
 
 
 
 
 
Net AFS debt securities losses
(0.4
)
 
0.1

 
(0.3
)
Reclassification adjustments
1.9

 
0.9

 
2.8

Net gain recognized in other comprehensive loss
1.5

 
1.0

 
2.5

Pension/postretirement adjustments:
 
 
 
 
 
Net actuarial gains
—

 
—

 
—

Reclassification adjustments
0.3

 
(0.1
)
 
0.2

Net gain recognized in other comprehensive loss
0.3

 
(0.1
)
 
0.2

Other comprehensive loss attributable to CBI
$
(104.6
)
 
$
2.9

 
(101.7
)
Comprehensive income attributable to CBI
 
 
 
 
$
1,791.6

 
 
 
 
 
 
 
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
 
 
 
 
$
900.1

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
 
 
 
 
$
1,212.5

 
 
 
 
 
 
For the Three Months Ended August 31, 2018
 
 
 
 
 
Net income attributable to CBI
 
 
 
 
$
1,149.5

Other comprehensive income attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net gains
$
39.8

 
$
—

 
39.8

Reclassification adjustments
—

 
—

 
—

Net gain recognized in other comprehensive income
39.8

 
—

 
39.8

Unrealized gain on cash flow hedges:
 
 
 
 
 
Net derivative gains
50.3

 
(15.5
)
 
34.8

Reclassification adjustments
(0.2
)
 
(0.4
)
 
(0.6
)
Net gain recognized in other comprehensive income
50.1

 
(15.9
)
 
34.2

Other comprehensive income attributable to CBI
$
89.9

 
$
(15.9
)
 
74.0

Comprehensive income attributable to CBI
 
 
 
 
$
1,223.5

 
 
 
 
 
 
 
Before Tax
Amount
 
Tax (Expense)
Benefit
 
Net of Tax
Amount
(in millions)
 
 
 
 
 
For the Three Months Ended August 31, 2017
 
 
 
 
 
Net income attributable to CBI
 
 
 
 
$
501.6

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
 
 
 
 
$
626.5

Accumulated other comprehensive loss, net of income tax effect
Accumulated other comprehensive loss, net of income tax effect, includes the following components:
 
Foreign
Currency
Translation
Adjustments
 
Net
Unrealized
Gains
on Derivative
Instruments
 
Net
Unrealized
Losses
on AFS Debt
Securities
 
Pension/
Postretirement
Adjustments
 
Accumulated
Other
Comprehensive
Loss
(in millions)
 
 
 
 
 
 
 
 
 
Balance, February 28, 2018
$
(212.3
)
 
$
14.5

 
$
(2.5
)
 
$
(2.6
)
 
$
(202.9
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Other comprehensive loss before reclassification adjustments
(92.5
)
 
(7.1
)
 
(0.3
)
 
—

 
(99.9
)
Amounts reclassified from accumulated other comprehensive loss
—

 
(4.8
)
 
2.8

 
0.2

 
(1.8
)
Other comprehensive income (loss)
(92.5
)
 
(11.9
)
 
2.5

 
0.2

 
(101.7
)
Balance, August 31, 2018
$
(304.8
)
 
$
2.6

 
$
—

 
$
(2.4
)
 
$
(304.6
)