Quarterly report pursuant to Section 13 or 15(d)

Business Segment Information - Comparable Adjustments (Details)

v3.21.4
Business Segment Information - Comparable Adjustments (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended 11 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Nov. 30, 2021
Nov. 30, 2020
Nov. 30, 2021
Cost of product sold          
Net gain (loss) on undesignated derivative contracts $ (11.0) $ 11.0 $ 28.7 $ (18.4)  
Loss on inventory write-down (2.6) (29.5) (85.2) (38.1)  
Total cost of product sold (1,094.9) (1,169.9) (3,143.5) (3,189.6)  
Selling, general, and administrative expenses          
Net gain (loss) on undesignated derivative contracts (11.0) 11.0 28.7 (18.4)  
Total selling, general, and administrative expenses (385.8) (464.1) (1,254.6) (1,216.5)  
Impairment of brewery construction in progress 0.0 0.0 (665.9) 0.0  
Impairment of assets held for sale 0.0 (21.0) 0.0 (24.0)  
Disposal Group, Not Discontinued Operations | Wine and Spirits Divestitures          
Selling, general, and administrative expenses          
Other gains (losses)         $ (5.2)
Transition services agreements activity         (13.0)
Gain (loss) on sale of the Black Velvet Canadian Whisky business         $ (33.5)
Foreign currency contracts | Selling, general, and administrative expenses          
Cost of product sold          
Net gain (loss) on undesignated derivative contracts (11.0) 1.9 (19.4) (18.1)  
Selling, general, and administrative expenses          
Net gain (loss) on undesignated derivative contracts (11.0) 1.9 (19.4) (18.1)  
Comparable Adjustments          
Cost of product sold          
Net flow through of reserved inventory 11.6 0.0 11.6 0.0  
Strategic business development costs 0.0 (0.7) (2.6) (25.8)  
Loss on inventory write-down (1.0) (26.5) (1.0) (26.5)  
COVID-19 incremental costs 0.0 (0.8) 0.0 (6.3)  
Flow through of inventory step-up (0.1) 0.0 0.0 (0.1)  
Total cost of product sold (2.0) (12.3) 31.3 (28.8)  
Selling, general, and administrative expenses          
Restructuring and other strategic business development costs 0.2 (12.7) 0.1 (21.6)  
Transaction, integration, and other acquisition-related costs (0.8) (1.5) (0.8) (5.4)  
COVID-19 incremental costs 0.0 (0.8) 0.0 (6.3)  
Other gains (losses) 18.7 (4.6) 12.6 (0.1)  
Total selling, general, and administrative expenses 18.1 (19.0) 11.9 (39.9)  
Impairment of brewery construction in progress 0.0 0.0 (665.9) 0.0  
Impairment of assets held for sale 0.0 (21.0) 0.0 (24.0)  
Comparable Adjustments, Operating income (loss) 16.1 (52.3) (622.7) (92.7)  
Property tax settlement 10.4 0.0 10.4 0.0  
Gain (loss) on vineyard sale (0.7) 0.0 (0.7) 8.8  
Comparable Adjustments | Wine and Spirits | My Favorite Neighbor Acquisition          
Selling, general, and administrative expenses          
Increase in our ownership interest in My Favorite Neighbor 13.5 0.0 13.5 0.0  
Comparable Adjustments | Disposal Group, Not Discontinued Operations | Wine and Spirits Divestitures          
Selling, general, and administrative expenses          
Transition services agreements activity (4.5) 0.0 (11.7) 0.0  
Comparable Adjustments | Disposal Group, Not Discontinued Operations | Black Velvet Divestiture          
Selling, general, and administrative expenses          
Gain (loss) on sale of the Black Velvet Canadian Whisky business 0.0 0.0 0.0 (3.6)  
Comparable Adjustments | Selling, general, and administrative expenses          
Cost of product sold          
COVID-19 incremental costs 0.0 (0.2) 0.0 (4.8)  
Selling, general, and administrative expenses          
COVID-19 incremental costs 0.0 (0.2) 0.0 (4.8)  
Comparable Adjustments | Commodity derivative contracts          
Cost of product sold          
Net gain (loss) on undesignated derivative contracts 0.0 9.1 48.1 (0.3)  
Settlements of undesignated commodity derivative contracts (12.5) 6.6 (24.8) 30.2  
Selling, general, and administrative expenses          
Net gain (loss) on undesignated derivative contracts 0.0 9.1 48.1 (0.3)  
Comparable Adjustments | Foreign currency contracts          
Cost of product sold          
Net gain (loss) on undesignated derivative contracts 0.0 0.0 0.0 (8.0)  
Selling, general, and administrative expenses          
Net gain (loss) on undesignated derivative contracts $ 0.0 $ 0.0 $ 0.0 $ (8.0)