Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Income (Unaudited)

v3.2.0.727
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
May. 31, 2015
May. 31, 2014
Sales $ 1,798.0 $ 1,687.1
Less – excise taxes (166.7) (161.1)
Net sales 1,631.3 1,526.0
Cost of product sold (894.2) (855.9)
Gross profit 737.1 670.1
Selling, general and administrative expenses (309.8) (277.9)
Operating income 427.3 392.2
Equity in earnings of equity method investees 1.0 0.5
Interest expense (77.5) (86.4)
Income before income taxes 350.8 306.3
Provision for income taxes (110.6) (99.6)
Net income 240.2 206.7
Net income attributable to noncontrolling interests (1.6) 0.0
Net income attributable to CBI 238.6 206.7
Comprehensive income 183.5 254.1
Comprehensive loss attributable to noncontrolling interests 1.2 0.0
Comprehensive income attributable to CBI $ 184.7 $ 254.1
Class A Common Stock [Member]    
Net income per common share attributable to CBI:    
Net income per common share attributable to CBI, basic $ 1.24 $ 1.09
Net income per common share attributable to CBI, diluted $ 1.18 $ 1.03
Weighted average common shares outstanding:    
Weighted average common shares outstanding, basic 171,370 168,158
Weighted average common shares outstanding, diluted 202,855 200,358
Cash dividends declared per common share:    
Cash dividends declared per common share $ 0.31 $ 0.00
Class B Convertible Common Stock [Member]    
Net income per common share attributable to CBI:    
Net income per common share attributable to CBI, basic 1.12 0.99
Net income per common share attributable to CBI, diluted $ 1.09 $ 0.95
Weighted average common shares outstanding:    
Weighted average common shares outstanding, basic 23,376 23,415
Weighted average common shares outstanding, diluted 23,376 23,415
Cash dividends declared per common share:    
Cash dividends declared per common share $ 0.28 $ 0.00