Constellation Brands, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Business Segment Information (Tables)

Business Segment Information (Tables)

6 Months Ended

Aug. 31, 2011

Business Segment Information [Abstract]


	For the Six Months						For the Three Months
	Ended August 31,						Ended August 31,
	2011			2010			2011			2010
(in millions)
Cost of Product Sold
Accelerated depreciation	$	0.3		$	1.1		$	0.1		$	0.1
Flow through of inventory step-up		-			1.6			-			0.6

Cost of Product Sold		0.3			2.7			0.1			0.7

Selling, General and Administrative Expenses
Net foreign currency loss (gain) on contractual obligation from put option of Ruffino shareholder		2.1			-			(0.1	)		-
Net (gains) losses on CWAE Divestiture and related activities		(0.1	)		-			0.7			-
Net gains on sale of nonstrategic assets		-			(1.0	)		-			-
Acquisition-related integration costs		-			0.2			-			0.1
Other costs		4.2			3.7			3.1			2.8

Selling, General and Administrative Expenses		6.2			2.9			3.7			2.9

Restructuring Charges		10.8			18.6			(0.3	)		13.7


Restructuring Charges and Unusual Items	$	17.3		$	24.2		$	3.5		$	17.3

Segment information


	For the Six Months					For the Three Months
	Ended August 31,					Ended August 31,
	2011		2010			2011		2010
(in millions)
CWNA:
Net sales	$	1,325.5	$	1,245.5		$	690.2	$	655.6
Operating income	$	303.9	$	313.7		$	167.3	$	181.2
Equity in earnings (losses) of equity method investees	$	3.7	$	(0.2	)	$	1.3	$	(0.3	)
Long-lived tangible assets	$	1,109.2	$	1,078.0		$	1,109.2	$	1,078.0
Investment in equity method investees	$	82.1	$	74.2		$	82.1	$	74.2
Total assets	$	6,601.8	$	6,442.7		$	6,601.8	$	6,442.7
Capital expenditures	$	25.9	$	22.6		$	12.2	$	8.8
Depreciation and amortization	$	42.4	$	44.4		$	21.2	$	21.6

CWAE:
Net sales	$	-	$	404.8		$	-	$	207.2
Operating loss	$	-	$	(6.0	)	$	-	$	(3.2	)
Equity in earnings of equity method investees	$	-	$	2.1		$	-	$	1.5
Long-lived tangible assets	$	-	$	347.6		$	-	$	347.6
Investment in equity method investees	$	-	$	37.6		$	-	$	37.6
Total assets	$	-	$	1,151.9		$	-	$	1,151.9
Capital expenditures	$	-	$	2.1		$	-	$	0.7
Depreciation and amortization	$	-	$	15.3		$	-	$	7.5


	For the Six Months						For the Three Months
	Ended August 31,						Ended August 31,
	2011			2010			2011			2010
(in millions)
Corporate Operations and Other:
Net sales	$	-		$	-		$	-		$	-
Operating loss	$	(39.8	)	$	(54.0	)	$	(18.7	)	$	(27.5	)
Long-lived tangible assets	$	131.8		$	103.4		$	131.8		$	103.4
Total assets	$	261.6		$	151.7		$	261.6		$	151.7
Capital expenditures	$	13.3		$	18.5		$	6.0		$	8.1
Depreciation and amortization	$	9.9		$	8.6		$	4.2		$	4.6

Crown Imports:
Net sales	$	1,404.5		$	1,300.9		$	727.0		$	679.4
Operating income	$	245.4		$	240.1		$	125.6		$	131.2
Long-lived tangible assets	$	6.2		$	4.5		$	6.2		$	4.5
Total assets	$	408.3		$	378.7		$	408.3		$	378.7
Capital expenditures	$	2.4		$	0.4		$	1.5		$	0.2
Depreciation and amortization	$	1.0		$	0.9		$	0.5		$	0.4

Restructuring Charges and Unusual Items:
Operating loss	$	(17.3	)	$	(24.2	)	$	(3.5	)	$	(17.3	)
Equity in losses of equity method investees	$	-		$	(0.6	)	$	-		$	(0.1	)

Consolidation and Eliminations:
Net sales	$	(1,404.5	)	$	(1,300.9	)	$	(727.0	)	$	(679.4	)
Operating income	$	(245.4	)	$	(240.1	)	$	(125.6	)	$	(131.2	)
Equity in earnings of Crown Imports	$	122.5		$	119.6		$	62.7		$	65.3
Long-lived tangible assets	$	(6.2	)	$	(4.5	)	$	(6.2	)	$	(4.5	)
Investment in equity method investees	$	171.3		$	130.8		$	171.3		$	130.8
Total assets	$	(237.0	)	$	(247.9	)	$	(237.0	)	$	(247.9	)
Capital expenditures	$	(2.4	)	$	(0.4	)	$	(1.5	)	$	(0.2	)
Depreciation and amortization	$	(1.0	)	$	(0.9	)	$	(0.5	)	$	(0.4	)

Consolidated:
Net sales	$	1,325.5		$	1,650.3		$	690.2		$	862.8
Operating income	$	246.8		$	229.5		$	145.1		$	133.2
Equity in earnings of equity method investees	$	126.2		$	120.9		$	64.0		$	66.4
Long-lived tangible assets	$	1,241.0		$	1,529.0		$	1,241.0		$	1,529.0
Investment in equity method investees	$	253.4		$	242.6		$	253.4		$	242.6
Total assets	$	7,034.7		$	7,877.1		$	7,034.7		$	7,877.1
Capital expenditures	$	39.2		$	43.2		$	18.2		$	17.6
Depreciation and amortization	$	52.3		$	68.3		$	25.4		$	33.7

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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