Annual report pursuant to Section 13 and 15(d)

Condensed Consolidating Financial Information (Details 1)

v3.8.0.1
Condensed Consolidating Financial Information (Details 1) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Feb. 28, 2018
Nov. 30, 2017
Aug. 31, 2017
May 31, 2017
Feb. 28, 2017
Nov. 30, 2016
Aug. 31, 2016
May 31, 2016
Feb. 28, 2018
Feb. 28, 2017
Feb. 29, 2016
Condensed Consolidating Statement of Comprehensive Income                      
Sales                 $ 8,326.8 $ 8,061.6 $ 7,223.8
Excise taxes                 (741.8) (730.1) (675.4)
Net sales $ 1,765.9 $ 1,799.1 $ 2,084.5 $ 1,935.5 $ 1,628.0 $ 1,810.5 $ 2,021.2 $ 1,871.8 7,585.0 7,331.5 6,548.4
Cost of product sold                 (3,767.8) (3,802.1) (3,606.1)
Gross profit 849.1 907.5 1,065.3 995.3 787.7 891.4 969.0 881.3 3,817.2 3,529.4 2,942.3
Selling, general and administrative expenses                 (1,532.7) (1,392.4) (1,177.2)
Operating income                 2,284.5 2,399.4 1,765.1
Equity in earnings (losses) of equity method investees and subsidiaries                 34.6 27.3 26.6
Unrealized gain on equity securities and related activities                 452.6 0.0 0.0
Interest income                 2.3 1.8 0.8
Intercompany interest income                 0.0 0.0 0.0
Interest expense                 (334.3) (335.1) (314.7)
Intercompany interest expense                 0.0 0.0 0.0
Loss on extinguishment of debt                 (97.0) 0.0 (1.1)
Income before income taxes                 2,342.7 2,093.4 1,501.2
(Provision for) benefit from income taxes                 (11.9) (554.2) (440.6)
Net income                 2,330.8 1,539.2 1,060.6
Net income attributable to noncontrolling interests                 (11.9) (4.1) (5.7)
Net income attributable to CBI $ 925.5 $ 491.1 $ 499.5 $ 402.8 $ 452.0 $ 405.9 $ 358.9 $ 318.3 2,318.9 1,535.1 1,054.9
Comprehensive income attributable to CBI                 2,515.8 1,587.8 733.3
Gain on sale of business                 0.0 262.4 0.0
Dividend income                 0.0 0.0 24.5
Eliminations [Member]                      
Condensed Consolidating Statement of Comprehensive Income                      
Sales                 (4,953.8) (4,560.5) (3,929.0)
Excise taxes                 0.0 0.0 0.0
Net sales                 (4,953.8) (4,560.5) (3,929.0)
Cost of product sold                 4,917.7 4,496.1 3,883.5
Gross profit                 (36.1) (64.4) (45.5)
Selling, general and administrative expenses                 16.0 22.8 20.8
Operating income                 (20.1) (41.6) (24.7)
Equity in earnings (losses) of equity method investees and subsidiaries                 (3,014.8) (2,010.7) (1,540.1)
Unrealized gain on equity securities and related activities                 0.0    
Interest income                 0.0 0.0 0.0
Intercompany interest income                 (736.2) (633.4) (549.1)
Interest expense                 0.0 0.0 0.0
Intercompany interest expense                 736.2 633.4 549.1
Loss on extinguishment of debt                 0.0   0.0
Income before income taxes                 (3,034.9) (2,052.3) (1,564.8)
(Provision for) benefit from income taxes                 (19.9) 3.5 8.3
Net income                 (3,054.8) (2,048.8) (1,556.5)
Net income attributable to noncontrolling interests                 0.0 0.0 0.0
Net income attributable to CBI                 (3,054.8) (2,048.8) (1,556.5)
Comprehensive income attributable to CBI                 (3,257.2) (2,071.1) (1,227.5)
Gain on sale of business                   0.0  
Dividend income                     0.0
Parent Company [Member]                      
Condensed Consolidating Statement of Comprehensive Income                      
Sales                 2,960.1 2,832.6 2,522.8
Excise taxes                 (353.5) (351.9) (332.6)
Net sales                 2,606.6 2,480.7 2,190.2
Cost of product sold                 (2,080.3) (1,974.5) (1,759.6)
Gross profit                 526.3 506.2 430.6
Selling, general and administrative expenses                 (468.8) (417.2) (378.4)
Operating income                 57.5 65.6 52.2
Equity in earnings (losses) of equity method investees and subsidiaries                 2,515.3 1,657.4 1,224.2
Unrealized gain on equity securities and related activities                 0.0    
Interest income                 0.4 0.4 0.2
Intercompany interest income                 240.9 227.1 191.4
Interest expense                 (279.1) (280.0) (290.1)
Intercompany interest expense                 (395.3) (311.1) (267.4)
Loss on extinguishment of debt                 (81.8)   (0.4)
Income before income taxes                 2,057.9 1,359.4 910.1
(Provision for) benefit from income taxes                 261.0 175.7 144.8
Net income                 2,318.9 1,535.1 1,054.9
Net income attributable to noncontrolling interests                 0.0 0.0 0.0
Net income attributable to CBI                 2,318.9 1,535.1 1,054.9
Comprehensive income attributable to CBI                 2,515.8 1,587.8 733.3
Gain on sale of business                   (23.4)  
Dividend income                     0.0
Subsidiary Guarantors [Member]                      
Condensed Consolidating Statement of Comprehensive Income                      
Sales                 6,820.9 6,254.4 5,491.3
Excise taxes                 (375.6) (320.8) (280.9)
Net sales                 6,445.3 5,933.6 5,210.4
Cost of product sold                 (4,809.5) (4,373.8) (3,835.4)
Gross profit                 1,635.8 1,559.8 1,375.0
Selling, general and administrative expenses                 (820.0) (707.5) (595.1)
Operating income                 815.8 848.0 779.9
Equity in earnings (losses) of equity method investees and subsidiaries                 (13.9) (31.1) (30.5)
Unrealized gain on equity securities and related activities                 0.0    
Interest income                 0.0 0.0 0.0
Intercompany interest income                 491.1 402.7 354.3
Interest expense                 (1.1) (1.5) (1.2)
Intercompany interest expense                 (195.6) (197.4) (173.7)
Loss on extinguishment of debt                 0.0   0.0
Income before income taxes                 1,096.3 1,020.7 928.8
(Provision for) benefit from income taxes                 (72.1) (385.8) (351.4)
Net income                 1,024.2 634.9 577.4
Net income attributable to noncontrolling interests                 0.0 0.0 0.0
Net income attributable to CBI                 1,024.2 634.9 577.4
Comprehensive income attributable to CBI                 1,024.6 634.8 575.7
Gain on sale of business                   (4.3)  
Dividend income                     0.0
Subsidiary Nonguarantors [Member]                      
Condensed Consolidating Statement of Comprehensive Income                      
Sales                 3,499.6 3,535.1 3,138.7
Excise taxes                 (12.7) (57.4) (61.9)
Net sales                 3,486.9 3,477.7 3,076.8
Cost of product sold                 (1,795.7) (1,949.9) (1,894.6)
Gross profit                 1,691.2 1,527.8 1,182.2
Selling, general and administrative expenses                 (259.9) (290.5) (224.5)
Operating income                 1,431.3 1,527.4 957.7
Equity in earnings (losses) of equity method investees and subsidiaries                 548.0 411.7 373.0
Unrealized gain on equity securities and related activities                 452.6    
Interest income                 1.9 1.4 0.6
Intercompany interest income                 4.2 3.6 3.4
Interest expense                 (54.1) (53.6) (23.4)
Intercompany interest expense                 (145.3) (124.9) (108.0)
Loss on extinguishment of debt                 (15.2)   (0.7)
Income before income taxes                 2,223.4 1,765.6 1,227.1
(Provision for) benefit from income taxes                 (180.9) (347.6) (242.3)
Net income                 2,042.5 1,418.0 984.8
Net income attributable to noncontrolling interests                 (11.9) (4.1) (5.7)
Net income attributable to CBI                 2,030.6 1,413.9 979.1
Comprehensive income attributable to CBI                 $ 2,232.6 1,436.3 651.8
Gain on sale of business                   $ 290.1  
Dividend income                     $ 24.5