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
 9 Months Ended 10 Months Ended
Nov. 30, 2011
Nov. 30, 2010
Nov. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 342.0 $ 279.7  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of property, plant and equipment 71.6 91.9  
Stock-based compensation expense 37.5 39.8  
Deferred tax provision 36.8 72.2  
Equity in earnings of equity method investees, net of distributed earnings 27.1 (0.4)  
Amortization of intangible and other assets 9.0 11.0  
Gain on business sold, net (3.0)   (168.1)
Gain on contractual obligation from put option of Ruffino shareholder (2.5)    
Impairment of intangible assets   6.9  
Loss on disposal or impairment of long-lived assets, net   1.2  
Change in operating assets and liabilities:      
Accounts receivable, net (139.5) (344.3)  
Inventories (37.8) 52.5  
Prepaid expenses and other current assets 13.6 7.9  
Accounts payable 135.3 72.6  
Accrued excise taxes 9.4 20.5  
Other accrued expenses and liabilities 133.9 76.4  
Other, net 7.4 (18.5)  
Total adjustments 298.8 89.7  
Net cash provided by operating activities 640.8 369.4  
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property, plant and equipment (54.1) (70.1)  
Purchase of business, net of cash acquired (51.5)    
Payments related to sale of business (26.9) (1.6)  
Investments in equity method investees (0.1) (29.7)  
Proceeds from redemption of available-for-sale debt securities 20.2    
Proceeds from note receivable 1.0 60.0  
Proceeds from sales of assets 0.6 15.5  
Other investing activities (7.9) 0.8  
Net cash used in investing activities (118.7) (25.1)  
CASH FLOWS FROM FINANCING ACTIVITIES:      
Principal payments of long-term debt (470.5) (101.1)  
Purchases of treasury stock (281.3) (300.0)  
Payment of minimum tax withholdings on stock-based payment awards (2.2) (0.4)  
Net proceeds from (repayment of) notes payable 223.2 (16.7)  
Proceeds from exercises of employee stock options 42.3 35.8  
Proceeds from excess tax benefits from stock-based payment awards 11.1 7.1  
Proceeds from employee stock purchases 2.4 2.1  
Payment of financing costs of long-term debt   (0.2)  
Net cash used in financing activities (475.0) (373.4)  
Effect of exchange rate changes on cash and cash investments (0.5) 1.6  
NET INCREASE (DECREASE) IN CASH AND CASH INVESTMENTS 46.6 (27.5)  
CASH AND CASH INVESTMENTS, beginning of period 9.2 43.5  
CASH AND CASH INVESTMENTS, end of period 55.8 16.0 55.8
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES:      
Property, plant and equipment acquired under financing arrangements 23.4 18.3  
Fair value of assets acquired, including cash acquired 155.7 0 155.7
Liabilities assumed (132.2) 0 (132.2)
Net assets acquired 23.5 0 23.5
Plus - settlement of contractual obligation from put option of shareholder 56.7 0 56.7
Less - fair value of previously owned 49.9% equity interest (11.6) 0 (11.6)
Less - cash acquired (17.1)    
Net cash paid for purchase of business $ 51.5