Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
 3 Months Ended
May 31, 2014
May 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 206.7 $ 52.9
Adjustments to reconcile net income to net cash provided by operating activities    
Deferred tax provision 39.6 21.0
Depreciation of property, plant and equipment 39.0 27.5
Stock-based compensation expense 11.7 12.8
Amortization of intangible assets 10.5 1.5
Amortization of deferred financing costs 2.6 1.7
Equity in earnings of equity method investees, net of distributed earnings 0.2 (35.7)
Change in operating assets and liabilities    
Accounts receivable, net (24.3) 18.2
Inventories (31.8) 30.7
Prepaid expenses and other current assets (17.4) (6.2)
Accounts payable 32.5 (55.1)
Accrued excise taxes (0.3) (1.3)
Other accrued expenses and liabilities (44.1) (78.7)
Other, net 7.4 14.0
Total adjustments 25.6 (49.6)
Net cash provided by operating activities 232.3 3.3
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant and equipment (131.4) (22.0)
Other investing activities (4.9) 2.0
Net cash used in investing activities (136.3) (20.0)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net proceeds from notes payable 178.1 221.1
Excess tax benefits from stock-based payment awards 57.4 47.3
Proceeds from exercises of employee stock options 10.8 62.4
Payments of minimum tax withholdings on stock-based payment awards (28.4) (17.2)
Principal payments of long-term debt (4.8) (4.9)
Proceeds from issuance of long-term debt 0 1,550.0
Payment of restricted cash upon issuance of long-term debt 0 (1,550.0)
Payments of financing costs of long-term debt 0 (13.2)
Net cash provided by financing activities 213.1 295.5
Effect of exchange rate changes on cash and cash investments 5.0 (1.0)
NET INCREASE IN CASH AND CASH INVESTMENTS 314.1 277.8
CASH AND CASH INVESTMENTS, beginning of period 63.9 331.5
CASH AND CASH INVESTMENTS, end of period 378.0 609.3
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Property, plant and equipment acquired under financing arrangements $ 1.1 $ 0.1