Quarterly report pursuant to Section 13 or 15(d)

Goodwill

v2.4.0.6
Goodwill
3 Months Ended
May 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL
GOODWILL:

The changes in the carrying amount of goodwill are as follows:

 
Constellation
Wines
and Spirits
 
Crown
Imports
LLC
 
Consolidations
and
Eliminations
 
Consolidated
(in millions)
 
 
 
 
 
 
 
Balance, February 28, 2011
 
 
 
 
 
 
 
Goodwill
$
2,619.8

 
$
13.0

 
$
(13.0
)
 
$
2,619.8

Accumulated impairment losses

 

 

 

 
2,619.8

 
13.0

 
(13.0
)
 
2,619.8

Purchase accounting allocations
9.3

 

 

 
9.3

Foreign currency translation adjustments
3.8

 

 

 
3.8

Balance, February 29, 2012
 
 
 
 
 
 
 
Goodwill
2,632.9

 
13.0

 
(13.0
)
 
2,632.9

Accumulated impairment losses

 

 

 

 
2,632.9

 
13.0

 
(13.0
)
 
2,632.9

Foreign currency translation adjustments
(33.7
)
 

 

 
(33.7
)
Balance, May 31, 2012
 
 
 
 
 
 
 
Goodwill
2,599.2

 
13.0

 
(13.0
)
 
2,599.2

Accumulated impairment losses

 

 

 

 
$
2,599.2

 
$
13.0

 
$
(13.0
)
 
$
2,599.2



For the year ended February 29, 2012, purchase accounting allocations of $9.3 million in the Constellation Wines and Spirits segment (formerly known as the Constellation Wines North America segment) consist of purchase accounting allocations associated with the acquisition of Ruffino (see Note 8).