Goodwill

v2.4.0.8

Goodwill	6 Months Ended
	Aug. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	GOODWILL: The changes in the carrying amount of goodwill are as follows:   Wine and Spirits   Beer   Consolidations and Eliminations   Consolidated (in millions)               Balance, February 29, 2012               Goodwill $ 2,632.9   $ 13.0   $ (13.0 )   $ 2,632.9 Accumulated impairment losses —   —   —   —   2,632.9   13.0   (13.0 )   2,632.9 Purchase accounting allocations 110.0   —   —   110.0 Foreign currency translation adjustments (20.6 )   —   —   (20.6 ) Balance, February 28, 2013               Goodwill 2,722.3   13.0   (13.0 )   2,722.3 Accumulated impairment losses —   —   —   —   2,722.3   13.0   (13.0 )   2,722.3 Purchase accounting allocations —   3,702.8   13.0   3,715.8 Impairment of goodwill (283.6 )   —   —   (283.6 ) Foreign currency translation adjustments (13.7 )   (1.6 )   —   (15.3 ) Balance, August 31, 2013               Goodwill 2,704.1   3,714.2   —   6,418.3 Accumulated impairment losses (279.1 )   —   —   (279.1 )   $ 2,425.0   $ 3,714.2   $ —   $ 6,139.2 For the year ended February 28, 2013, purchase accounting allocations of $110.0 million in the Wine and Spirits segment (formerly known as the Constellation Wine and Spirits segment) consist primarily of purchase accounting allocations associated with the acquisition of Mark West (as defined below). For the six months ended August 31, 2013, purchase accounting allocations of $3,702.8 million and $13.0 million in the Beer segment and Consolidations and Eliminations, respectively, consist of purchase accounting allocations associated with the Beer Business Acquisition. For the six months ended August 31, 2013, impairment of goodwill in the Wine and Spirits segment consists of an impairment loss of $283.6 million associated with goodwill assigned to the segment’s Canadian reporting unit. Mark West – In July 2012, the Company acquired Mark West for $159.3 million. The transaction primarily includes the acquisition of the Mark West trademark, related inventories and certain grape supply contracts (“Mark West”). The purchase price was financed with revolver borrowings under the Company’s then existing senior credit facility. In accordance with the acquisition method of accounting, the identifiable assets acquired and the liabilities assumed have been measured at their acquisition-date fair values. The acquisition of Mark West was not material for purposes of supplemental disclosure pursuant to the FASB guidance on business combinations. The results of operations of Mark West are reported in the Wine and Spirits segment and are included in the consolidated results of operations of the Company from the date of acquisition.