Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidating Financial Information (Details 1)

v2.4.0.8
Condensed Consolidating Financial Information (Details 1) (USD $)
In Millions, unless otherwise specified
 3 Months Ended
May 31, 2014
May 31, 2013
Condensed Consolidating Statement of Comprehensive Income    
Sales $ 1,687.1 $ 766.2
Less - excise taxes (161.1) (92.8)
Net sales 1,526.0 673.4
Cost of product sold (855.9) (417.3)
Gross profit 670.1 256.1
Selling, general and administrative expenses (277.9) (185.6)
Operating income 392.2 70.5
Equity in earnings of equity method investees and subsidiaries 0.5 66.6
Interest income 0.5 1.9
Intercompany interest income 0 0
Interest expense (86.9) (56.7)
Intercompany interest expense 0 0
Income before income taxes 306.3 82.3
(Provision for) benefit from income taxes (99.6) (29.4)
NET INCOME 206.7 52.9
Comprehensive income 254.1 29.4
Parent Company [Member]
    
Condensed Consolidating Statement of Comprehensive Income    
Sales 544.5 552.5
Less - excise taxes (76.3) (78.1)
Net sales 468.2 474.4
Cost of product sold (378.3) (400.0)
Gross profit 89.9 74.4
Selling, general and administrative expenses (92.9) (119.0)
Operating income (3.0) (44.6)
Equity in earnings of equity method investees and subsidiaries 505.8 133.8
Interest income 0 0
Intercompany interest income 44.1 25.8
Interest expense (71.9) (53.4)
Intercompany interest expense (49.2) (39.0)
Income before income taxes 425.8 22.6
(Provision for) benefit from income taxes (219.1) 30.3
NET INCOME 206.7 52.9
Comprehensive income 254.1 29.4
Subsidiary Guarantors [Member]
    
Condensed Consolidating Statement of Comprehensive Income    
Sales 1,302.3 390.3
Less - excise taxes (67.6) 2.0
Net sales 1,234.7 392.3
Cost of product sold (923.3) (275.1)
Gross profit 311.4 117.2
Selling, general and administrative expenses (148.5) (28.9)
Operating income 162.9 88.3
Equity in earnings of equity method investees and subsidiaries 1.5 66.4
Interest income 0 0
Intercompany interest income 49.3 36.7
Interest expense (0.3) (2.7)
Intercompany interest expense (44.1) (23.8)
Income before income taxes 169.3 164.9
(Provision for) benefit from income taxes (62.5) (62.0)
NET INCOME 106.8 102.9
Comprehensive income 108.5 106.3
Subsidiary Nonguarantors [Member]
    
Condensed Consolidating Statement of Comprehensive Income    
Sales 814.0 213.9
Less - excise taxes (17.2) (16.7)
Net sales 796.8 197.2
Cost of product sold (508.7) (128.4)
Gross profit 288.1 68.8
Selling, general and administrative expenses (40.4) (41.9)
Operating income 247.7 26.9
Equity in earnings of equity method investees and subsidiaries 0.2 0.1
Interest income 0.5 1.9
Intercompany interest income 0.1 0.4
Interest expense (14.7) (0.6)
Intercompany interest expense (0.2) (0.1)
Income before income taxes 233.6 28.6
(Provision for) benefit from income taxes 177.4 2.3
NET INCOME 411.0 30.9
Comprehensive income 457.8 4.1
Eliminations [Member]
    
Condensed Consolidating Statement of Comprehensive Income    
Sales (973.7) (390.5)
Less - excise taxes 0 0
Net sales (973.7) (390.5)
Cost of product sold 954.4 386.2
Gross profit (19.3) (4.3)
Selling, general and administrative expenses 3.9 4.2
Operating income (15.4) (0.1)
Equity in earnings of equity method investees and subsidiaries (507.0) (133.7)
Interest income 0 0
Intercompany interest income (93.5) (62.9)
Interest expense 0 0
Intercompany interest expense 93.5 62.9
Income before income taxes (522.4) (133.8)
(Provision for) benefit from income taxes 4.6 0
NET INCOME (517.8) (133.8)
Comprehensive income $ (566.3) $ (110.4)