Annual report pursuant to Section 13 and 15(d)

Goodwill

v3.19.1
Goodwill
 12 Months Ended
Feb. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL
GOODWILL:

The changes in the carrying amount of goodwill are as follows:
 
Beer
 
Wine and Spirits
 
Consolidated
(in millions)
 
 
 
 
 
Balance, February 28, 2017
$
5,053.0

 
$
2,867.5

 
$
7,920.5

Purchase accounting allocations (1)
63.9

 
56.2

 
120.1

Foreign currency translation adjustments
40.7

 
1.8

 
42.5

Balance, February 28, 2018
5,157.6

 
2,925.5

 
8,083.1

Purchase accounting allocations (2)
22.3

 
2.7

 
25.0

Foreign currency translation adjustments
(12.0
)
 
(7.3
)
 
(19.3
)
Balance, February 28, 2019
$
5,167.9

 
$
2,920.9

 
$
8,088.8


(1) 
Purchase accounting allocations associated primarily with the acquisitions of the Obregon Brewery ($13.8 million) and Funky Buddha (Beer), and Schrader Cellars (Wine and Spirits).
(2) 
Preliminary purchase accounting allocations associated primarily with the acquisition of Four Corners (Beer).