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, unless otherwise specified
 3 Months Ended
May 31, 2013
May 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 52.9 $ 72.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property, plant and equipment 27.5 26.3
Deferred tax provision 21.0 12.3
Stock-based compensation expense 12.8 11.6
Amortization of deferred financing costs 1.7 1.4
Amortization of intangible assets 1.5 1.8
Equity in earnings of equity method investees, net of distributed earnings (35.7) (28.0)
Gain on disposal of long-lived assets, net (0.3) (0.9)
Loss on write-off of financing costs 0 2.8
Change in operating assets and liabilities    
Accounts receivable, net 18.2 (27.5)
Inventories 30.7 31.2
Prepaid expenses and other current assets (6.2) (0.8)
Accounts payable (55.1) (11.8)
Accrued excise taxes (1.3) (1.2)
Other accrued expenses and liabilities (78.7) (19.9)
Other, net 14.3 27.1
Total adjustments (49.6) 24.4
Net cash provided by operating activities 3.3 96.4
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (22.0) (19.6)
Proceeds from sales of assets 1.2 7.7
Proceeds from notes receivable 0 1.7
Other investing activities 0.8 (0.9)
Net cash used in investing activities (20.0) (11.1)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of long-term debt 1,550.0 1,400.0
Net proceeds from (repayment of) notes payable 221.1 (274.4)
Proceeds from exercises of employee stock options 62.4 12.4
Excess tax benefits from stock-based payment awards 47.3 2.6
Payment of restricted cash upon issuance of long-term debt (1,550.0) 0
Payment of minimum tax withholdings on stock-based payment awards (17.2) (0.5)
Payment of financing costs of long-term debt (13.2) (22.8)
Principal payments of long-term debt (4.9) (832.2)
Purchases of treasury stock 0 (383.0)
Net cash provided by (used in) financing activities 295.5 (97.9)
Effect of exchange rate changes on cash and cash investments (1.0) (4.1)
NET INCREASE (DECREASE) IN CASH AND CASH INVESTMENTS 277.8 (16.7)
CASH AND CASH INVESTMENTS, beginning of period 331.5 85.8
CASH AND CASH INVESTMENTS, end of period 609.3 69.1
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Property, plant and equipment acquired under financing arrangements $ 0.1 $ 2.1