Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
 3 Months Ended
May 31, 2011
May 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 74.5 $ 49.1
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property, plant and equipment 23.2 30.9
Stock-based compensation expense 13.7 11.0
Deferred tax provision 10.8 35.3
Amortization of intangible and other assets 3.7 3.7
Loss (gain) on disposal or impairment of long-lived assets, net 0.1 (1.4)
Equity in earnings of equity method investees, net of distributed earnings (2.4) 23.1
Gain on business sold, net (1.4)  
Change in operating assets and liabilities:    
Accounts receivable, net (42.4) (133.3)
Inventories 67.5 61.0
Prepaid expenses and other current assets 11.4 7.0
Accounts payable (21.8) (30.6)
Accrued excise taxes 9.0 8.5
Other accrued expenses and liabilities 71.8 (0.3)
Other, net 23.6 (3.9)
Total adjustments 166.8 11.0
Net cash provided by operating activities 241.3 60.1
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (21.0) (25.6)
Payments related to sale of business (7.5) (1.6)
Proceeds from note receivable 1.0 60.0
Proceeds from sales of assets 0.1 1.1
Investments in equity method investees   (29.6)
Other investing activities (6.4) 0.3
Net cash (used in) provided by investing activities (33.8) 4.6
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments of long-term debt (417.3) (1.3)
Payment of minimum tax withholdings on stock-based payment awards (2.2) (0.4)
Net proceeds from notes payable 168.5 194.6
Proceeds from exercises of employee stock options 36.5 16.7
Proceeds from excess tax benefits from stock-based payment awards 9.9 4.6
Purchases of treasury stock   (300.0)
Payment of financing costs of long-term debt   (0.2)
Net cash used in financing activities (204.6) (86.0)
Effect of exchange rate changes on cash and cash investments 1.3 (1.3)
NET INCREASE (DECREASE) IN CASH AND CASH INVESTMENTS 4.2 (22.6)
CASH AND CASH INVESTMENTS, beginning of period 9.2 43.5
CASH AND CASH INVESTMENTS, end of period 13.4 20.9
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Property, plant and equipment acquired under financing arrangements $ 4.1 $ 2.5