Quarterly report pursuant to Section 13 or 15(d)

Goodwill

v2.4.1.9
Goodwill
 9 Months Ended
Nov. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL
GOODWILL:

The changes in the carrying amount of goodwill are as follows:
 
Beer
 
Wine and Spirits
 
Consolidation
and
Eliminations
 
Consolidated
(in millions)
 
 
 
 
 
 
 
Balance, February 28, 2013
 
 
 
 
 
 
 
Goodwill
$
13.0

 
$
2,722.3

 
$
(13.0
)
 
$
2,722.3

Accumulated impairment losses
—

 
—

 
—

 
—

 
13.0

 
2,722.3

 
(13.0
)
 
2,722.3

Purchase accounting allocations
3,702.8

 
—

 
13.0

 
3,715.8

Impairment of goodwill
—

 
(278.7
)
 
—

 
(278.7
)
Foreign currency translation adjustments
(1.2
)
 
(11.4
)
 
—

 
(12.6
)
Balance, February 28, 2014
 
 
 
 
 
 
 
Goodwill
3,714.6

 
2,693.5

 
—

 
6,408.1

Accumulated impairment losses
—

 
(261.3
)
 
—

 
(261.3
)
 
3,714.6

 
2,432.2

 
—

 
6,146.8

Purchase accounting allocations
—

 
34.0

 
—

 
34.0

Foreign currency translation adjustments
(2.1
)
 
(14.8
)
 
—

 
(16.9
)
Balance, November 30, 2014
 
 
 
 
 
 
 
Goodwill
3,712.5

 
2,704.7

 
—

 
6,417.2

Accumulated impairment losses
—

 
(253.3
)
 
—

 
(253.3
)
 
$
3,712.5

 
$
2,451.4

 
$
—

 
$
6,163.9



For the year ended February 28, 2014, purchase accounting allocations of $3,702.8 million and $13.0 million in Beer and Consolidation and Eliminations, respectively, consist of purchase accounting allocations associated with the Beer Business Acquisition. For the year ended February 28, 2014, impairment of goodwill in Wine and Spirits consists of an impairment loss of $278.7 million associated with goodwill assigned to the segment’s Canadian reporting unit. For the nine months ended November 30, 2014, purchase accounting allocations of $34.0 million in Wine and Spirits consist of purchase accounting allocations associated with an immaterial acquisition.