Constellation Brands, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidating Financial Information (Details 1)

Condensed Consolidating Financial Information (Details 1) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Nov. 30, 2014	Nov. 30, 2013	Nov. 30, 2014	Nov. 30, 2013
Condensed Consolidating Statement of Comprehensive Income
Sales	$ 1,708.6us-gaap_SalesRevenueGoodsNet	$ 1,593.5us-gaap_SalesRevenueGoodsNet	$ 5,165.7us-gaap_SalesRevenueGoodsNet	$ 3,973.0us-gaap_SalesRevenueGoodsNet
Less - excise taxes	(166.9)stz_ExciseTaxes	(150.2)stz_ExciseTaxes	(493.9)stz_ExciseTaxes	(396.5)stz_ExciseTaxes
Net sales	1,541.7stz_SalesRevenueNetOfExciseTaxes	1,443.3stz_SalesRevenueNetOfExciseTaxes	4,671.8stz_SalesRevenueNetOfExciseTaxes	3,576.5stz_SalesRevenueNetOfExciseTaxes
Cost of product sold	(902.8)us-gaap_CostOfGoodsSold	(833.6)us-gaap_CostOfGoodsSold	(2,690.8)us-gaap_CostOfGoodsSold	(2,133.7)us-gaap_CostOfGoodsSold
Gross profit	638.9us-gaap_GrossProfit	609.7us-gaap_GrossProfit	1,981.0us-gaap_GrossProfit	1,442.8us-gaap_GrossProfit
Selling, general and administrative expenses	(263.3)	(245.9)	(834.5)	(675.6)
Operating income	375.6us-gaap_OperatingIncomeLoss	363.8us-gaap_OperatingIncomeLoss	1,146.5us-gaap_OperatingIncomeLoss	2,108.3us-gaap_OperatingIncomeLoss
Equity in earnings of equity method investees and subsidiaries	21.2	18.0	21.1	88.3
Interest income	0.4us-gaap_OtherNonoperatingIncome	2.0us-gaap_OtherNonoperatingIncome	1.0us-gaap_OtherNonoperatingIncome	5.9us-gaap_OtherNonoperatingIncome
Intercompany interest income	0us-gaap_InterestIncomeRelatedParty	0us-gaap_InterestIncomeRelatedParty	0us-gaap_InterestIncomeRelatedParty	0us-gaap_InterestIncomeRelatedParty
Interest expense	(86.4)us-gaap_InterestExpense	(91.6)us-gaap_InterestExpense	(258.4)us-gaap_InterestExpense	(240.6)us-gaap_InterestExpense
Intercompany interest expense	0us-gaap_InterestExpenseRelatedParty	0us-gaap_InterestExpenseRelatedParty	0us-gaap_InterestExpenseRelatedParty	0us-gaap_InterestExpenseRelatedParty
Loss on write-off of financing costs	0stz_LossOnWriteOffOfFinancingCosts	0stz_LossOnWriteOffOfFinancingCosts	(4.4)stz_LossOnWriteOffOfFinancingCosts	0stz_LossOnWriteOffOfFinancingCosts
Income before income taxes	310.8	292.2	905.8	1,961.9
Benefit from (provision for) income taxes	(88.6)us-gaap_IncomeTaxExpenseBenefit	(81.2)us-gaap_IncomeTaxExpenseBenefit	(281.1)us-gaap_IncomeTaxExpenseBenefit	(176.0)us-gaap_IncomeTaxExpenseBenefit
NET INCOME	222.2us-gaap_NetIncomeLoss	211.0us-gaap_NetIncomeLoss	624.7us-gaap_NetIncomeLoss	1,785.9us-gaap_NetIncomeLoss
Comprehensive income	108.8us-gaap_ComprehensiveIncomeNetOfTax	240.4us-gaap_ComprehensiveIncomeNetOfTax	530.1us-gaap_ComprehensiveIncomeNetOfTax	1,747.8us-gaap_ComprehensiveIncomeNetOfTax
Impairment of goodwill and intangible assets	0	0	0	(300.9)
Gain on remeasurement to fair value of preexisting equity interest	0	0	0	1,642.0
Parent Company [Member]
Condensed Consolidating Statement of Comprehensive Income
Sales	662.8	641.1	1,802.0	1,762.9
Less - excise taxes	(88.7)	(80.9)	(241.9)	(234.2)
Net sales	574.1	560.2	1,560.1	1,528.7
Cost of product sold	(462.1)	(478.8)	(1,259.0)	(1,303.8)
Gross profit	112.0	81.4	301.1	224.9
Selling, general and administrative expenses	(97.1)	(95.6)	(291.2)	(315.0)
Operating income	14.9	(14.2)	9.9	(90.1)
Equity in earnings of equity method investees and subsidiaries	252.3	285.6	761.3	2,008.4
Interest income	0	0	0	0.1
Intercompany interest income	44.7	46.6	133.2	117.3
Interest expense	(78.4)	(75.7)	(224.4)	(206.5)
Intercompany interest expense	(58.6)	(47.6)	(162.1)	(130.3)
Loss on write-off of financing costs			0
Income before income taxes	174.9	194.7	517.9	1,698.9
Benefit from (provision for) income taxes	47.3	16.3	106.8	87.0
NET INCOME	222.2	211.0	624.7	1,785.9
Comprehensive income	108.8	240.4	530.1	1,747.8
Impairment of goodwill and intangible assets				0
Gain on remeasurement to fair value of preexisting equity interest				0
Subsidiary Guarantors [Member]
Condensed Consolidating Statement of Comprehensive Income
Sales	1,267.8	1,182.4	3,927.3	2,815.8
Less - excise taxes	(65.2)	(51.2)	(204.3)	(110.3)
Net sales	1,202.6	1,131.2	3,723.0	2,705.5
Cost of product sold	(943.3)	(779.1)	(2,849.7)	(1,871.8)
Gross profit	259.3	352.1	873.3	833.7
Selling, general and administrative expenses	(109.4)	(116.3)	(410.4)	(260.8)
Operating income	149.9	235.8	462.9	2,214.9
Equity in earnings of equity method investees and subsidiaries	21.7	18.7	23.5	92.8
Interest income	0	0	0	0
Intercompany interest income	58.7	44.9	162.5	122.8
Interest expense	(0.3)	(0.5)	(1.0)	(3.5)
Intercompany interest expense	(44.6)	(44.0)	(133.0)	(110.4)
Loss on write-off of financing costs			0
Income before income taxes	185.4	254.9	514.9	2,316.6
Benefit from (provision for) income taxes	(68.9)	(93.3)	(192.0)	(246.3)
NET INCOME	116.5	161.6	322.9	2,070.3
Comprehensive income	117.2	183.1	324.7	2,098.9
Impairment of goodwill and intangible assets				0
Gain on remeasurement to fair value of preexisting equity interest				1,642.0
Subsidiary Nonguarantors [Member]
Condensed Consolidating Statement of Comprehensive Income
Sales	695.4	591.6	2,300.8	1,413.2
Less - excise taxes	(13.0)	(18.1)	(47.7)	(52.0)
Net sales	682.4	573.5	2,253.1	1,361.2
Cost of product sold	(410.9)	(391.4)	(1,423.8)	(931.3)
Gross profit	271.5	182.1	829.3	429.9
Selling, general and administrative expenses	(61.6)	(38.5)	(145.1)	(112.6)
Operating income	209.9	143.6	684.2	16.4
Equity in earnings of equity method investees and subsidiaries	0.4	0.2	1.0	0.4
Interest income	0.4	2.0	1.0	5.8
Intercompany interest income	0	0.3	0.2	1.1
Interest expense	(7.7)	(15.4)	(33.0)	(30.6)
Intercompany interest expense	(0.2)	(0.2)	(0.8)	(0.5)
Loss on write-off of financing costs			(4.4)
Income before income taxes	202.8	130.5	648.2	(7.4)
Benefit from (provision for) income taxes	(66.5)	(4.5)	(198.9)	(26.2)
NET INCOME	136.3	126.0	449.3	(33.6)
Comprehensive income	21.5	157.0	350.9	(77.4)
Impairment of goodwill and intangible assets				(300.9)
Gain on remeasurement to fair value of preexisting equity interest				0
Eliminations [Member]
Condensed Consolidating Statement of Comprehensive Income
Sales	(917.4)	(821.6)	(2,864.4)	(2,018.9)
Less - excise taxes	0	0	0	0
Net sales	(917.4)	(821.6)	(2,864.4)	(2,018.9)
Cost of product sold	913.5	815.7	2,841.7	1,973.2
Gross profit	(3.9)	(5.9)	(22.7)	(45.7)
Selling, general and administrative expenses	4.8	4.5	12.2	12.8
Operating income	0.9	(1.4)	(10.5)	(32.9)
Equity in earnings of equity method investees and subsidiaries	(253.2)	(286.5)	(764.7)	(2,013.3)
Interest income	0	0	0	0
Intercompany interest income	(103.4)	(91.8)	(295.9)	(241.2)
Interest expense	0	0	0	0
Intercompany interest expense	103.4	91.8	295.9	241.2
Loss on write-off of financing costs			0
Income before income taxes	(252.3)	(287.9)	(775.2)	(2,046.2)
Benefit from (provision for) income taxes	(0.5)	0.3	3.0	9.5
NET INCOME	(252.8)	(287.6)	(772.2)	(2,036.7)
Comprehensive income	(138.7)	(340.1)	(675.6)	(2,021.5)
Impairment of goodwill and intangible assets				0
Gain on remeasurement to fair value of preexisting equity interest				$ 0