Constellation Brands, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies (Details 1)

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies (Details 1) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Feb. 28, 2019	Nov. 30, 2018	Aug. 31, 2018	May 31, 2018	Feb. 28, 2018	Nov. 30, 2017	Aug. 31, 2017	May 31, 2017	Feb. 28, 2019	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Statement of Financial Position [Abstract]
Other accrued expenses and liabilities	$ 690.4				$ 678.3				$ 690.4	$ 678.3
Total current liabilities	3,163.8				2,039.6				3,163.8	2,039.6
Deferred income taxes and other liabilities	1,470.7				1,089.8				1,470.7	1,089.8
Total liabilities	16,394.3				12,547.0				16,394.3	12,547.0
Retained earnings	14,276.2				9,157.2				14,276.2	9,157.2
Total stockholders’ equity	12,837.2				7,991.7				12,837.2	7,991.7	$ 6,829.3	$ 6,691.8
Deferred income taxes	1,029.7				694.4				1,029.7	694.4
Statement of Comprehensive Income [Abstract]
Sales									8,884.3	8,322.1	8,051.2
Net sales	1,797.2	$ 1,972.6	$ 2,299.1	$ 2,047.1	1,762.0	$ 1,801.9	$ 2,087.9	$ 1,928.5	8,116.0	7,580.3	7,321.1
Gross profit	893.5	970.0	1,168.2	1,048.6	845.2	910.3	1,068.7	988.3	4,080.3	3,812.5	3,519.0
Operating income									2,412.2	2,279.8	2,389.0
Income before income taxes									4,145.0	2,338.0	2,083.0
Provision for income taxes									(685.9)	(22.7)	(550.3)
Net income									3,459.1	2,315.3	1,532.7
Net income attributable to CBI	$ 1,239.5	$ 303.1	$ 1,149.5	$ 743.8	910.5	$ 492.8	$ 501.6	$ 398.5	3,435.9	2,303.4	1,528.6
Comprehensive income attributable to CBI									3,284.9	2,500.3	1,581.3
Accounting Standards Update 2014-09, Revenue recognition [Member]
Statement of Financial Position [Abstract]
Other accrued expenses and liabilities					678.3					678.3
Total current liabilities					2,039.6					2,039.6
Deferred income taxes and other liabilities					1,089.8					1,089.8
Total liabilities					12,547.0					12,547.0
Retained earnings					9,157.2					9,157.2
Total stockholders’ equity					7,991.7					7,991.7
Deferred income taxes					694.4					694.4
Statement of Comprehensive Income [Abstract]
Sales										8,322.1	8,051.2
Net sales										7,580.3	7,321.1
Gross profit										3,812.5	3,519.0
Operating income										2,279.8	2,389.0
Income before income taxes										2,338.0	2,083.0
Provision for income taxes										(22.7)	(550.3)
Net income										2,315.3	1,532.7
Net income attributable to CBI										2,303.4	1,528.6
Comprehensive income attributable to CBI										2,500.3	1,581.3
Accounting Standards Update 2014-09, Revenue recognition [Member] \| Previously Reported [Member]
Statement of Financial Position [Abstract]
Other accrued expenses and liabilities					583.4					583.4
Total current liabilities					1,944.7					1,944.7
Deferred income taxes and other liabilities					1,113.7					1,113.7
Total liabilities					12,476.0					12,476.0
Retained earnings					9,228.2					9,228.2
Total stockholders’ equity					8,062.7					8,062.7
Deferred income taxes					718.3					718.3
Statement of Comprehensive Income [Abstract]
Sales										8,326.8	8,061.6
Net sales										7,585.0	7,331.5
Gross profit										3,817.2	3,529.4
Operating income										2,284.5	2,399.4
Income before income taxes										2,342.7	2,093.4
Provision for income taxes										(11.9)	(554.2)
Net income										2,330.8	1,539.2
Net income attributable to CBI										2,318.9	1,535.1
Comprehensive income attributable to CBI										2,515.8	1,587.8
Accounting Standards Update 2014-09, Revenue recognition [Member] \| Restatement Adjustment [Member]
Statement of Financial Position [Abstract]
Other accrued expenses and liabilities					94.9					94.9
Total current liabilities					94.9					94.9
Deferred income taxes and other liabilities					(23.9)					(23.9)
Total liabilities					71.0					71.0
Retained earnings					(71.0)					(71.0)
Total stockholders’ equity					$ (71.0)					(71.0)
Statement of Comprehensive Income [Abstract]
Sales										(4.7)	(10.4)
Net sales										(4.7)	(10.4)
Gross profit										(4.7)	(10.4)
Operating income										(4.7)	(10.4)
Income before income taxes										(4.7)	(10.4)
Provision for income taxes										(10.8)	3.9
Net income										(15.5)	(6.5)
Net income attributable to CBI										(15.5)	(6.5)
Comprehensive income attributable to CBI										(15.5)	(6.5)
Common Class A [Member]
Statement of Comprehensive Income [Abstract]
Net income attributable to CBI									$ 3,049.5	$ 2,049.9	$ 1,364.3
Net income per common share attributable to CBI
Net income per common share attributable to CBI – basic	$ 6.57	$ 1.62	$ 6.11	$ 3.93	$ 4.76	$ 2.55	$ 2.59	$ 2.07	$ 18.24	$ 11.96	$ 7.76
Net income per common share attributable to CBI – diluted	6.37	1.56	5.87	3.77	4.56	2.45	2.49	1.98	$ 17.57	11.47	7.49
Common Class A [Member] \| Accounting Standards Update 2014-09, Revenue recognition [Member]
Net income per common share attributable to CBI
Net income per common share attributable to CBI – basic										11.96	7.76
Net income per common share attributable to CBI – diluted										11.47	7.49
Common Class A [Member] \| Accounting Standards Update 2014-09, Revenue recognition [Member] \| Previously Reported [Member]
Net income per common share attributable to CBI
Net income per common share attributable to CBI – basic										12.04	7.79
Net income per common share attributable to CBI – diluted										11.55	7.52
Common Class A [Member] \| Accounting Standards Update 2014-09, Revenue recognition [Member] \| Restatement Adjustment [Member]
Net income per common share attributable to CBI
Net income per common share attributable to CBI – basic										(0.08)	(0.03)
Net income per common share attributable to CBI – diluted										$ (0.08)	$ (0.03)
Common Class B [Member]
Statement of Comprehensive Income [Abstract]
Net income attributable to CBI									$ 386.4	$ 253.5	$ 164.3
Net income per common share attributable to CBI
Net income per common share attributable to CBI – basic	5.97	1.47	5.55	3.57	4.32	2.32	2.36	1.88	$ 16.57	$ 10.86	$ 7.04
Net income per common share attributable to CBI – diluted	$ 5.87	$ 1.45	$ 5.41	$ 3.48	$ 4.21	$ 2.26	$ 2.30	$ 1.83	$ 16.21	10.59	6.90
Common Class B [Member] \| Accounting Standards Update 2014-09, Revenue recognition [Member]
Net income per common share attributable to CBI
Net income per common share attributable to CBI – basic										10.86	7.04
Net income per common share attributable to CBI – diluted										10.59	6.90
Common Class B [Member] \| Accounting Standards Update 2014-09, Revenue recognition [Member] \| Previously Reported [Member]
Net income per common share attributable to CBI
Net income per common share attributable to CBI – basic										10.93	7.07
Net income per common share attributable to CBI – diluted										10.66	6.93
Common Class B [Member] \| Accounting Standards Update 2014-09, Revenue recognition [Member] \| Restatement Adjustment [Member]
Net income per common share attributable to CBI
Net income per common share attributable to CBI – basic										(0.07)	(0.03)
Net income per common share attributable to CBI – diluted										$ (0.07)	$ (0.03)