Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidating Financial Information (Details 2)

v3.19.2
Condensed Consolidating Financial Information (Details 2) - USD ($)
$ in Millions
 3 Months Ended
May 31, 2019
May 31, 2018
Condensed Consolidating Statement of Cash Flows    
Net cash provided by (used in) operating activities $ 593.1 $ 504.0
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant, and equipment (155.7) (168.2)
Purchase of business, net of cash acquired (36.2) (0.8)
Investments in equity method investees (20.0) (1.5)
Net proceeds from (repayments of) intercompany notes 0.0 0.0
Net contributions from (investment in) equity affiliates 0.0 0.0
Other investing activities (1.6) 6.8
Net cash provided by (used in) investing activities (213.5) (53.5)
Proceeds from (payments related to) sale of unconsolidated investment 0.0 110.2
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid to parent company 0.0 0.0
Net contributions from (investment in) equity affiliates 0.0 0.0
Net proceeds from (repayments of) intercompany notes 0.0 0.0
Net proceeds from (repayments of) short-term borrowings (205.0) (77.5)
Dividends paid (143.0) (140.5)
Principal payments of long-term debt (22.9) (5.9)
Payments of minimum tax withholdings on stock-based payment awards (13.9) (12.9)
Proceeds from shares issued under equity compensation plans 10.4 7.6
Net cash provided by (used in) financing activities (374.4) (329.2)
Purchases of treasury stock 0.0 (100.0)
Effect of exchange rate changes on cash and cash equivalents (0.1) (1.6)
Net increase (decrease) in cash and cash equivalents 5.1 119.7
Cash and cash equivalents, beginning of period 93.6 90.3
Cash and cash equivalents, end of period 98.7 210.0
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
Purchase of business, net of cash acquired 0.0 0.0
Investments in equity method investees 0.0 0.0
Net proceeds from (repayments of) intercompany notes 158.8 (347.1)
Net contributions from (investment in) equity affiliates 77.1 (2.1)
Other investing activities 0.0 0.0
Net cash provided by (used in) investing activities 235.9 (349.2)
Proceeds from (payments related to) sale of unconsolidated investment   0.0
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid to parent company 13.5 17.0
Net contributions from (investment in) equity affiliates (90.6) (14.9)
Net proceeds from (repayments of) intercompany notes (158.8) 347.1
Net proceeds from (repayments of) short-term borrowings 0.0 0.0
Dividends paid 0.0 0.0
Principal payments of long-term debt 0.0 0.0
Payments of minimum tax withholdings on stock-based payment awards 0.0 0.0
Proceeds from shares issued under equity compensation plans 0.0 0.0
Net cash provided by (used in) financing activities (235.9) 349.2
Purchases of treasury stock   0.0
Effect of exchange rate changes on cash and cash equivalents 0.0 0.0
Net increase (decrease) 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 (36.8) (133.6)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant, and equipment (12.6) (3.9)
Purchase of business, net of cash acquired 0.0 0.0
Investments in equity method investees 0.0 0.0
Net proceeds from (repayments of) intercompany notes (158.8) 265.3
Net contributions from (investment in) equity affiliates (77.1) 2.1
Other investing activities 0.2 0.3
Net cash provided by (used in) investing activities (248.3) 263.8
Proceeds from (payments related to) sale of unconsolidated investment   0.0
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid to parent company 0.0 0.0
Net contributions from (investment in) equity affiliates 0.0 0.0
Net proceeds from (repayments of) intercompany notes 625.3 132.3
Net proceeds from (repayments of) short-term borrowings (201.0) (27.7)
Dividends paid (143.0) (140.5)
Principal payments of long-term debt (13.8) (1.2)
Payments of minimum tax withholdings on stock-based payment awards 0.0 0.0
Proceeds from shares issued under equity compensation plans 10.4 7.6
Net cash provided by (used in) financing activities 277.9 (129.5)
Purchases of treasury stock   (100.0)
Effect of exchange rate changes on cash and cash equivalents 0.0 0.0
Net increase (decrease) in cash and cash equivalents (7.2) 0.7
Cash and cash equivalents, beginning of period 11.0 4.6
Cash and cash equivalents, end of period 3.8 5.3
Subsidiaries Guarantors [Member]    
Condensed Consolidating Statement of Cash Flows    
Net cash provided by (used in) operating activities 190.8 329.1
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant, and equipment (19.8) (26.8)
Purchase of business, net of cash acquired 0.0 0.0
Investments in equity method investees 0.0 0.0
Net proceeds from (repayments of) intercompany notes 0.0 80.5
Net contributions from (investment in) equity affiliates 0.0 0.0
Other investing activities 0.0 0.5
Net cash provided by (used in) investing activities (19.8) 54.2
Proceeds from (payments related to) sale of unconsolidated investment   0.0
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid to parent company 0.0 0.0
Net contributions from (investment in) equity affiliates 0.0 6.8
Net proceeds from (repayments of) intercompany notes (153.1) (374.8)
Net proceeds from (repayments of) short-term borrowings 0.0 0.0
Dividends paid 0.0 0.0
Principal payments of long-term debt (4.1) (4.6)
Payments of minimum tax withholdings on stock-based payment awards (13.5) (12.3)
Proceeds from shares issued under equity compensation plans 0.0 0.0
Net cash provided by (used in) financing activities (170.7) (384.9)
Purchases of treasury stock   0.0
Effect of exchange rate changes on cash and cash equivalents 0.0 0.0
Net increase (decrease) in cash and cash equivalents 0.3 (1.6)
Cash and cash equivalents, beginning of period 2.6 4.4
Cash and cash equivalents, end of period 2.9 2.8
Subsidiary Nonguarantors [Member]    
Condensed Consolidating Statement of Cash Flows    
Net cash provided by (used in) operating activities 439.1 308.5
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant, and equipment (123.3) (137.5)
Purchase of business, net of cash acquired (36.2) (0.8)
Investments in equity method investees (20.0) (1.5)
Net proceeds from (repayments of) intercompany notes 0.0 1.3
Net contributions from (investment in) equity affiliates 0.0 0.0
Other investing activities (1.8) 6.0
Net cash provided by (used in) investing activities (181.3) (22.3)
Proceeds from (payments related to) sale of unconsolidated investment   110.2
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid to parent company (13.5) (17.0)
Net contributions from (investment in) equity affiliates 90.6 8.1
Net proceeds from (repayments of) intercompany notes (313.4) (104.6)
Net proceeds from (repayments of) short-term borrowings (4.0) (49.8)
Dividends paid 0.0 0.0
Principal payments of long-term debt (5.0) (0.1)
Payments of minimum tax withholdings on stock-based payment awards (0.4) (0.6)
Proceeds from shares issued under equity compensation plans 0.0 0.0
Net cash provided by (used in) financing activities (245.7) (164.0)
Purchases of treasury stock   0.0
Effect of exchange rate changes on cash and cash equivalents (0.1) (1.6)
Net increase (decrease) in cash and cash equivalents 12.0 120.6
Cash and cash equivalents, beginning of period 80.0 81.3
Cash and cash equivalents, end of period $ 92.0 $ 201.9