Annual report pursuant to Section 13 and 15(d)

Accumulated Other Comprehensive Income (Loss)

v3.8.0.1
Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Feb. 28, 2018
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS
ACCUMULATED OTHER COMPREHENSIVE LOSS:

Other comprehensive income (loss) attributable to CBI includes the following components:
 
Before Tax
Amount
 
Tax (Expense)
Benefit
 
Net of Tax
Amount
(in millions)
 
 
 
 
 
For the Year Ended February 29, 2016
 
 
 
 
 
Other comprehensive income (loss) attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net losses
$
(310.7
)
 
$
6.3

 
$
(304.4
)
Reclassification adjustments
—

 
—

 
—

Net loss recognized in other comprehensive loss
(310.7
)
 
6.3

 
(304.4
)
Unrealized loss on cash flow hedges:
 
 
 
 
 
Net derivative losses
(59.8
)
 
16.5

 
(43.3
)
Reclassification adjustments
37.3

 
(11.0
)
 
26.3

Net loss recognized in other comprehensive loss
(22.5
)
 
5.5

 
(17.0
)
Unrealized loss on AFS debt securities:
 
 
 
 
 
Net AFS debt securities losses
(0.4
)
 
—

 
(0.4
)
Reclassification adjustments
0.1

 
—

 
0.1

Net loss recognized in other comprehensive loss
(0.3
)
 
—

 
(0.3
)
Pension/postretirement adjustments:
 
 
 
 
 
Net actuarial losses
(0.1
)
 
—

 
(0.1
)
Reclassification adjustments
0.5

 
(0.3
)
 
0.2

Net gain recognized in other comprehensive loss
0.4

 
(0.3
)
 
0.1

Other comprehensive loss attributable to CBI
$
(333.1
)
 
$
11.5

 
$
(321.6
)
 
 
 
 
 
 
For the Year Ended February 28, 2017
 
 
 
 
 
Other comprehensive income attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net losses
$
(78.3
)
 
$
(0.7
)
 
$
(79.0
)
Reclassification adjustments
111.5

 
—

 
111.5

Net gain recognized in other comprehensive income
33.2

 
(0.7
)
 
32.5

Unrealized loss on cash flow hedges:
 
 
 
 
 
Net derivative losses
(34.7
)
 
11.7

 
(23.0
)
Reclassification adjustments
45.2

 
(14.1
)
 
31.1

Net gain recognized in other comprehensive income
10.5

 
(2.4
)
 
8.1

Unrealized gain on AFS debt securities:
 
 
 
 
 
Net AFS debt securities gains
0.4

 
0.1

 
0.5

Reclassification adjustments
—

 
—

 
—

Net gain recognized in other comprehensive income
0.4

 
0.1

 
0.5

Pension/postretirement adjustments:
 
 
 
 
 
Net actuarial gains
0.3

 
(0.1
)
 
0.2

Reclassification adjustments
11.5

 
(0.1
)
 
11.4

Net gain recognized in other comprehensive income
11.8

 
(0.2
)
 
11.6

Other comprehensive income attributable to CBI
$
55.9

 
$
(3.2
)
 
$
52.7

 
 
 
 
 
 
 
Before Tax
Amount
 
Tax (Expense)
Benefit
 
Net of Tax
Amount
(in millions)
 
 
 
 
 
For the Year Ended February 28, 2018
 
 
 
 
 
Other comprehensive income (loss) attributable to CBI:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net gains
$
147.3

 
$
(1.6
)
 
$
145.7

Reclassification adjustments
—

 
—

 
—

Net gain recognized in other comprehensive income
147.3

 
(1.6
)
 
145.7

Unrealized gain on cash flow hedges:
 
 
 
 
 
Net derivative gains
78.9

 
(22.0
)
 
56.9

Reclassification adjustments
(5.1
)
 
0.7

 
(4.4
)
Net gain recognized in other comprehensive income
73.8

 
(21.3
)
 
52.5

Unrealized loss on AFS debt securities:
 
 
 
 
 
Net AFS debt securities losses
—

 
(0.2
)
 
(0.2
)
Reclassification adjustments
—

 
—

 
—

Net loss recognized in other comprehensive income
—

 
(0.2
)
 
(0.2
)
Pension/postretirement adjustments:
 
 
 
 
 
Net actuarial losses
(1.7
)
 
0.6

 
(1.1
)
Reclassification adjustments
—

 
—

 
—

Net loss recognized in other comprehensive income
(1.7
)
 
0.6

 
(1.1
)
Other comprehensive income attributable to CBI
$
219.4

 
$
(22.5
)
 
$
196.9


Accumulated other comprehensive loss, net of income tax effect, includes the following components:
 
Foreign
Currency
Translation
Adjustments
 
Net
Unrealized
Gains
(Losses) on
Derivative
Instruments
 
Net
Unrealized
Losses
on AFS Debt
Securities
 
Pension/
Postretirement
Adjustments
 
Accumulated
Other
Comprehensive
Loss
(in millions)
 
 
 
 
 
 
 
 
 
Balance, February 28, 2017
$
(358.0
)
 
$
(38.0
)
 
$
(2.3
)
 
$
(1.5
)
 
$
(399.8
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassification adjustments
145.7

 
56.9

 
(0.2
)
 
(1.1
)
 
201.3

Amounts reclassified from accumulated other comprehensive loss
—

 
(4.4
)
 
—

 
—

 
(4.4
)
Other comprehensive income (loss)
145.7

 
52.5

 
(0.2
)
 
(1.1
)
 
196.9

Balance, February 28, 2018
$
(212.3
)
 
$
14.5

 
$
(2.5
)
 
$
(2.6
)

$
(202.9
)