Constellation Brands, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Intangible Assets

Intangible Assets

12 Months Ended

Feb. 28, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

INTANGIBLE ASSETS:

The major components of intangible assets are as follows:



	February 28, 2014				February 28, 2013
	Gross Carrying Amount		Net Carrying Amount		Gross Carrying Amount		Net Carrying Amount
(in millions)
Amortizable intangible assets:
Customer relationships	$	103.6	$	70.5	$	82.9	$	54.7
Favorable interim supply agreement	68.3		62.3		—		—
Other	14.7		5.3		7.9		2.2
Total	$	186.6	138.1		$	90.8	56.9

Nonamortizable intangible assets:
Trademarks			3,088.0				809.1
Other			5.0				5.4
Total			3,093.0				814.5
Total intangible assets, net			$	3,231.1			$	871.4

The Company did not incur costs to renew or extend the term of acquired intangible assets during the years ended February 28, 2014, and February 28, 2013. The difference between the gross carrying amount and net carrying amount for each item presented is attributable to accumulated amortization. Amortization expense for intangible assets was $15.5 million, $7.2 million and $5.4 million for the years ended February 28, 2014, February 28, 2013, and February 29, 2012, respectively. Estimated amortization expense for each of the five succeeding fiscal years and thereafter is as follows:



(in millions)
2015	$	43.5
2016	$	32.6
2017	$	8.0
2018	$	5.5
2019	$	5.5
Thereafter	$	43.0