Constellation Brands (STZ) 10-Q 9 Jul 15 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	May. 31, 2015	Jun. 30, 2015
Entity Registrant Name	CONSTELLATION BRANDS, INC.
Entity Central Index Key	16,918
Document Type	10-Q
Document Period End Date	May 31, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--02-29
Entity Filer Category	Large Accelerated Filer
Class A Common Stock [Member]
Entity Common Stock, Shares Outstanding		171,987,269
Class B Common Stock [Member]
Entity Common Stock, Shares Outstanding		23,362,953
Class 1 Common Stock [Member]
Entity Common Stock, Shares Outstanding		0

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	May. 31, 2015	Feb. 28, 2015
Current assets:
Cash and cash equivalents	$ 130.7	$ 110.1
Accounts receivable	696.2	598.9
Inventories	1,783.7	1,827.2
Prepaid expenses and other	368.7	374.6
Total current assets	2,979.3	2,910.8
Property, plant and equipment	2,742.1	2,681.6
Goodwill	6,200.3	6,208.2
Intangible assets	3,166.7	3,181
Other assets	158.9	162.9
Total assets	15,247.3	15,144.5
Current liabilities:
Notes payable to banks	100.9	52.4
Current maturities of long-term debt	178.5	158.1
Accounts payable	289.1	285.8
Accrued excise taxes	30.8	28.7
Other accrued expenses and liabilities	521	605.7
Total current liabilities	1,120.3	1,130.7
Long-term debt, less current maturities	7,038.2	7,137.5
Deferred income taxes	860	818.9
Other liabilities	176.9	176.1
Total liabilities	$ 9,195.4	$ 9,263.2
Commitments and contingencies
CBI stockholders’ equity:
Additional paid-in capital	$ 2,307.3	$ 2,269.8
Retained earnings	5,456.2	5,277.5
Accumulated other comprehensive loss	(184.8)	(130.9)
Total stockholders’ equity before treasury stock adjustments	7,581.5	7,419.2
Less: Treasury stock –	(1,639)	(1,648.5)
Total CBI stockholders’ equity	5,942.5	5,770.7
Noncontrolling interests	109.4	110.6
Total stockholders’ equity	6,051.9	5,881.3
Total liabilities and stockholders’ equity	15,247.3	15,144.5
Class A Common Stock [Member]
CBI stockholders’ equity:
Common stock, value	2.5	2.5
Less: Treasury stock –	(1,636.8)	(1,646.3)
Class B Convertible Common Stock [Member]
CBI stockholders’ equity:
Common stock, value	0.3	0.3
Less: Treasury stock –	$ (2.2)	$ (2.2)

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	May. 31, 2015	Feb. 28, 2015
Class A Common Stock [Member]
Common Stock, par value	$ 0.01	$ 0.01
Common Stock, shares authorized	322,000,000	322,000,000
Common Stock, shares issued	251,209,452	250,839,359
Treasury Stock, shares at cost	79,306,503	79,681,859
Class B Convertible Common Stock [Member]
Common Stock, par value	$ 0.01	$ 0.01
Common Stock, shares authorized	30,000,000	30,000,000
Common Stock, shares issued	28,376,008	28,389,608
Treasury Stock, shares at cost	5,005,800	5,005,800

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	May. 31, 2015	May. 31, 2014
Sales	$ 1,798	$ 1,687.1
Less – excise taxes	(166.7)	(161.1)
Net sales	1,631.3	1,526
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	0.5
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
Net income attributable to CBI	238.6	206.7
Comprehensive income	183.5	254.1
Comprehensive loss attributable to noncontrolling interests	1.2	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
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

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	May. 31, 2015	May. 31, 2014
Cash flows from operating activities:
Net income	$ 240.2	$ 206.7
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	43	39
Deferred tax provision	38.3	39.6
Stock-based compensation	12.3	11.7
Amortization of intangible assets	11.7	10.5
Amortization of deferred financing costs	3.2	2.6
Change in operating assets and liabilities:
Accounts receivable	(98.3)	(24.3)
Inventories	37	(31.8)
Prepaid expenses and other current assets	0.6	(17.4)
Accounts payable	21.1	32.5
Accrued excise taxes	2.2	(0.3)
Other accrued expenses and liabilities	(105.2)	(44.1)
Other	(0.4)	7.6
Total adjustments	(34.5)	25.6
Net cash provided by operating activities	205.7	232.3
Cash flows from investing activities:
Purchases of property, plant and equipment	(129.7)	(131.4)
Other investing activities	(1.6)	(4.9)
Net cash used in investing activities	(131.3)	(136.3)
Cash flows from financing activities:
Principal payments of long-term debt	(79.4)	(4.8)
Dividends paid	(59.8)	0
Payments of minimum tax withholdings on stock-based payment awards	(38.3)	(28.4)
Excess tax benefits from stock-based payment awards	63.6	57.4
Net proceeds from notes payable	50.9	178.1
Proceeds from shares issued under equity compensation plans	9.6	10.8
Net cash provided by (used in) financing activities	(53.4)	213.1
Effect of exchange rate changes on cash and cash equivalents	(0.4)	5
Net increase in cash and cash equivalents	20.6	314.1
Cash and cash equivalents, beginning of period	110.1	63.9
Cash and cash equivalents, end of period	$ 130.7	$ 378

Basis of Presentation

Basis of Presentation	3 Months Ended
	May. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION: Unless the context otherwise requires, the terms “Company,” “CBI,” “we,” “our,” or “us” refer to Constellation Brands, Inc. and its subsidiaries. We have prepared the consolidated financial statements included herein, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission applicable to quarterly reporting on Form 10-Q and reflect, in our opinion, all adjustments necessary to present fairly our financial information. All such adjustments are of a normal recurring nature. Certain information and footnote disclosures normally included in financial statements, prepared in accordance with generally accepted accounting principles, have been condensed or omitted as permitted by such rules and regulations. These consolidated financial statements and related notes should be read in conjunction with the consolidated financial statements and related notes included in our Annual Report on Form 10-K for the fiscal year ended February 28, 2015 (the “2015 Annual Report”). Results of operations for interim periods are not necessarily indicative of annual results.

Inventories

Inventories	3 Months Ended
	May. 31, 2015
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES: Inventories are stated at the lower of cost (computed in accordance with the first-in, first-out method) or market. Elements of cost include materials, labor and overhead and consist of the following: May 31, February 28, (in millions ) Raw materials and supplies $ 98.4 $ 106.0 In-process inventories 1,168.5 1,244.0 Finished case goods 516.8 477.2 $ 1,783.7 $ 1,827.2

Derivative Instruments

Derivative Instruments	3 Months Ended
	May. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS	DERIVATIVE INSTRUMENTS: Overview – Our risk management and derivative accounting policies are presented in Notes 1 and 6 to our consolidated financial statements included in our 2015 Annual Report and have not changed significantly during the three months ended May 31, 2015 . Credit risk – We are exposed to credit-related losses if the counterparties to our derivative contracts default. This credit risk is limited to the fair value of the derivative contracts. To manage this risk, we contract only with major financial institutions that have earned investment-grade credit ratings and with whom we have standard International Swaps and Derivatives Association agreements which allow for net settlement of the derivative contracts. We have also established counterparty credit guidelines that are regularly monitored. Because of these safeguards, we believe the risk of loss from counterparty default to be immaterial. In addition, our derivative instruments are not subject to credit rating contingencies or collateral requirements. As of May 31, 2015 , the estimated fair value of derivative instruments in a net liability position due to counterparties was $75.9 million . If we were required to settle the net liability position under these derivative instruments on May 31, 2015 , we would have had sufficient availability under our available liquidity on hand to satisfy this obligation. The aggregate notional value of outstanding derivative instruments is as follows: May 31, February 28, (in millions ) Derivative instruments designated as hedging instruments Foreign currency contracts $ 500.7 $ 454.8 Interest rate swap contracts $ 500.0 $ 500.0 Derivative instruments not designated as hedging instruments Foreign currency contracts $ 981.6 $ 1,548.5 Commodity derivative contracts $ 195.8 $ 190.8 Interest rate swap contracts $ 1,000.0 $ 1,000.0 Results of period derivative activity – The estimated fair value and location of our derivative instruments on our balance sheets are as follows (see Note 4): Assets Liabilities May 31, February 28, May 31, February 28, (in millions) Derivative instruments designated as hedging instruments Foreign currency contracts: Prepaid expenses and other $ 4.6 $ 5.3 Other accrued expenses and liabilities $ 26.3 $ 23.1 Other assets $ 1.9 $ 2.0 Other liabilities $ 9.5 $ 9.5 Interest rate swap contracts: Prepaid expenses and other $ — $ — Other accrued expenses and liabilities $ 2.8 $ 2.7 Other assets $ — $ 0.2 Other liabilities $ 0.1 $ — Derivative instruments not designated as hedging instruments Foreign currency contracts: Prepaid expenses and other $ 2.9 $ 27.3 Other accrued expenses and liabilities $ 3.3 $ 26.4 Commodity derivative contracts: Prepaid expenses and other $ 0.6 $ 0.5 Other accrued expenses and liabilities $ 17.9 $ 18.0 Other assets $ 0.4 $ 0.2 Other liabilities $ 9.1 $ 9.4 Interest rate swap contracts: Prepaid expenses and other $ 3.3 $ 3.3 Other accrued expenses and liabilities $ 15.6 $ 15.6 Other assets $ 0.1 $ — Other liabilities $ 2.5 $ 4.9 The effect of our derivative instruments designated in cash flow hedging relationships on our results of operations, as well as Other Comprehensive Income (“OCI”), net of income tax effect, is as follows: Derivative Instruments in Designated Cash Flow Hedging Relationships Net Gain (Loss) Recognized in OCI (Effective portion) Location of Net Gain (Loss) Reclassified from AOCI to Income (Effective portion) Net Gain (Loss) Reclassified from AOCI to Income (Effective portion) (in millions) For the Three Months Ended May 31, 2015 Foreign currency contracts $ (2.9 ) Sales $ (0.5 ) Foreign currency contracts (4.0 ) Cost of product sold (2.4 ) Interest rate swap contracts (0.7 ) Interest expense (2.1 ) $ (7.6 ) $ (5.0 ) For the Three Months Ended May 31, 2014 Foreign currency contracts $ 9.9 Sales $ 1.2 Foreign currency contracts 0.4 Cost of product sold 0.3 Interest rate swap contracts (0.5 ) Interest expense (2.0 ) $ 9.8 $ (0.5 ) Derivative Instruments in Designated Cash Flow Hedging Relationships Location of Net Loss Recognized in Income (Ineffective portion) Net Loss Recognized in Income (Ineffective portion) (in millions) For the Three Months Ended May 31, 2015 Foreign currency contracts Selling, general and administrative expenses $ (0.1 ) For the Three Months Ended May 31, 2014 Foreign currency contracts Selling, general and administrative expenses $ (0.1 ) We expect $19.2 million of net losses, net of income tax effect, to be reclassified from accumulated other comprehensive income (loss) (“AOCI”) to our results of operations within the next 12 months. The effect of our undesignated derivative instruments on our results of operations is as follows: Derivative Instruments Not Designated as Hedging Instruments Location of Net Gain (Loss) Recognized in Income Net Gain (Loss) Recognized in Income (in millions) For the Three Months Ended May 31, 2015 Commodity derivative contracts Cost of product sold $ (5.2 ) Foreign currency contracts Selling, general and administrative expenses (4.1 ) $ (9.3 ) For the Three Months Ended May 31, 2014 Commodity derivative contracts Cost of product sold $ 0.2 Foreign currency contracts Selling, general and administrative expenses (5.7 ) $ (5.5 )

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	May. 31, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	FAIR VALUE OF FINANCIAL INSTRUMENTS: Authoritative guidance establishes a framework for measuring fair value and requires disclosures about fair value measurements for financial instruments. This guidance emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and states that a fair value measurement should be determined based on assumptions that market participants would use in pricing an asset or liability. It establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. The hierarchy includes three levels: • Level 1 inputs are quoted prices in active markets for identical assets or liabilities; • Level 2 inputs include data points that are observable such as quoted prices for similar assets or liabilities in active markets, quoted prices for identical assets or similar assets or liabilities in markets that are not active, and inputs (other than quoted prices) such as interest rates and yield curves that are observable for the asset and liability, either directly or indirectly; and • Level 3 inputs are unobservable data points for the asset or liability, and include situations where there is little, if any, market activity for the asset or liability. The methods and assumptions we use to estimate the fair value for each class of our financial instruments are presented in Notes 1 and 7 to our consolidated financial statements included in our 2015 Annual Report and have not changed significantly during the three months ended May 31, 2015 . The carrying amounts of certain of our financial instruments, including cash and cash equivalents, accounts receivable, accounts payable and notes payable to banks, approximate fair value as of May 31, 2015 , and February 28, 2015 , due to the relatively short maturity of these instruments. As of May 31, 2015 , the carrying amount of long-term debt, including the current portion, was $7,216.7 million , compared with an estimated fair value of $7,559.7 million . As of February 28, 2015 , the carrying amount of long-term debt, including the current portion, was $7,295.6 million , compared with an estimated fair value of $7,378.6 million . The following table presents our financial assets and liabilities measured at estimated fair value on a recurring basis. Fair Value Measurements Using Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total (in millions) May 31, 2015 Assets: Foreign currency contracts $ — $ 9.4 $ — $ 9.4 Commodity derivative contracts $ — $ 1.0 $ — $ 1.0 Interest rate swap contracts $ — $ 3.4 $ — $ 3.4 AFS debt securities $ — $ — $ 7.7 $ 7.7 Liabilities: Foreign currency contracts $ — $ 39.1 $ — $ 39.1 Commodity derivative contracts $ — $ 27.0 $ — $ 27.0 Interest rate swap contracts $ — $ 21.0 $ — $ 21.0 Fair Value Measurements Using Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total (in millions) February 28, 2015 Assets: Foreign currency contracts $ — $ 34.6 $ — $ 34.6 Commodity derivative contracts $ — $ 0.7 $ — $ 0.7 Interest rate swap contracts $ — $ 3.5 $ — $ 3.5 Available-for-sale (“AFS”) debt securities $ — $ — $ 7.8 $ 7.8 Liabilities: Foreign currency contracts $ — $ 59.0 $ — $ 59.0 Commodity derivative contracts $ — $ 27.4 $ — $ 27.4 Interest rate swap contracts $ — $ 23.2 $ — $ 23.2 Our foreign currency contracts consist of foreign currency forward and option contracts which are valued using market-based inputs, obtained from independent pricing services, into valuation models. These valuation models require various inputs, including contractual terms, market foreign exchange prices, interest-rate yield curves and currency volatilities. Commodity derivative fair values are based on quotes from respective counterparties. Quotes are corroborated by using market data. Interest rate swap fair values are based on quotes from respective counterparties. Quotes are corroborated by using discounted cash flow calculations based upon forward interest-rate yield curves, which are obtained from independent pricing services. AFS debt securities are valued using market-based inputs into discounted cash flow models.

Goodwill

Goodwill	3 Months Ended
	May. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	GOODWILL: The changes in the carrying amount of goodwill are as follows: Beer Wine and Spirits Consolidated (in millions) Balance, February 28, 2014 $ 3,714.6 $ 2,432.2 $ 6,146.8 Purchase accounting allocations (1) 66.7 34.0 100.7 Foreign currency translation adjustments (5.1 ) (34.2 ) (39.3 ) Balance, February 28, 2015 3,776.2 2,432.0 6,208.2 Foreign currency translation adjustments (1.2 ) (6.7 ) (7.9 ) Balance, May 31, 2015 $ 3,775.0 $ 2,425.3 $ 6,200.3 (1) Purchase accounting allocations associated with acquisitions of a glass production plant (Beer) and a super-premium tequila brand (Wine and Spirits). As of May 31, 2015 , and February 28, 2015 , we have accumulated impairment losses of $232.2 million and $231.0 million , respectively, within our Wine and Spirits segment. Meiomi – In June 2015, we signed a definitive agreement to acquire the Meiomi wine brand for approximately $315 million , subject to customary closing conditions and adjustments. The transaction includes the acquisition of the Meiomi trademark, related inventories and certain grape supply contracts (“Meiomi”). The transaction is expected to close around the beginning of August. The results of operations of Meiomi will be reported in the Wine and Spirits segment and will be included in our consolidated results of operations from the date of acquisition.

Intangible Assets

Intangible Assets	3 Months Ended
	May. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	INTANGIBLE ASSETS: The major components of intangible assets are as follows: May 31, 2015 February 28, 2015 Gross Carrying Amount Net Carrying Amount Gross Carrying Amount Net Carrying Amount ( in millions) Amortizable intangible assets Customer relationships $ 100.9 $ 62.0 $ 100.9 $ 63.3 Favorable interim supply agreement 68.3 25.0 68.3 33.9 Other 21.0 4.1 21.0 5.5 Total $ 190.2 91.1 $ 190.2 102.7 Nonamortizable intangible assets Trademarks 3,071.2 3,073.9 Other 4.4 4.4 Total 3,075.6 3,078.3 Total intangible assets $ 3,166.7 $ 3,181.0 We did not incur costs to renew or extend the term of acquired intangible assets for the three months ended May 31, 2015 , and May 31, 2014 . Net carrying amount represents the gross carrying value net of accumulated amortization. Amortization expense for intangible assets was $11.7 million and $10.5 million for the three months ended May 31, 2015 , and May 31, 2014 , respectively. Estimated amortization expense for the remaining nine months of fiscal 2016 and for each of the five succeeding fiscal years and thereafter is as follows: (in millions) 2016 $ 28.2 2017 $ 10.3 2018 $ 5.4 2019 $ 5.4 2020 $ 5.4 2021 $ 5.4 Thereafter $ 31.0

Borrowings

Borrowings	3 Months Ended
	May. 31, 2015
Debt Disclosure [Abstract]
BORROWINGS	BORROWINGS: Borrowings consist of the following: May 31, 2015 February 28, Current Long-term Total Total ( in millions) Notes payable to banks Senior Credit Facility – Revolving Credit Loans $ — $ — $ — $ — Other 100.9 — 100.9 52.4 $ 100.9 $ — $ 100.9 $ 52.4 Long-term debt Senior Credit Facility – Term Loans $ 160.3 $ 2,607.5 $ 2,767.8 $ 2,792.1 Senior Notes — 4,348.9 4,348.9 4,348.6 Other 18.2 81.8 100.0 154.9 $ 178.5 $ 7,038.2 $ 7,216.7 $ 7,295.6 Senior credit facility – The Company, CIH International S.à r.l., an indirect wholly-owned subsidiary of ours (“CIH” and together with the Company, the “Borrowers”), Bank of America, N.A., as administrative agent (the “Administrative Agent”), and certain other lenders (all such parties other than either of the Borrowers are collectively referred to as the “Lenders”) are parties to a credit agreement, as amended (the “2014 Credit Agreement”). As of May 31, 2015 , information with respect to borrowings under the 2014 Credit Agreement is as follows: Revolving Credit Facility U.S. Term A Facility U.S. Term A-1 Facility U.S. Term A-2 Facility European Term A Facility European Term B-1 Facility (in millions) Outstanding borrowings $ — $ 470.5 $ 242.6 $ 615.9 $ 456.2 $ 982.6 Interest rate — % 1.7 % 1.9 % 1.7 % 1.7 % 1.9 % Libor margin 1.5 % 1.5 % 1.75 % 1.5 % 1.5 % 1.75 % Outstanding letters of credit $ 15.3 Remaining borrowing capacity $ 834.7 In addition, in April 2012, we entered into interest rate swap agreements which fixed our interest rates on $500.0 million of our floating LIBOR rate debt at an average rate of 2.8% (exclusive of borrowing margins) through September 1, 2016. Accounts receivable securitization facilities – On September 29, 2014, we entered into an amended 364 -day revolving trade accounts receivable securitization facility (the “CBI Facility”). Under the CBI Facility, trade accounts receivable generated by us and certain of our subsidiaries are sold by us to a wholly-owned bankruptcy remote single purpose subsidiary (the “CBI SPV”), which is consolidated by us for financial reporting purposes. The CBI Facility provides borrowing capacity of $190.0 million up to $290.0 million structured to account for the seasonality of our business, subject to further limitations based upon various pre-agreed formulas. Also, on September 29, 2014, Crown Imports entered into a 364 -day revolving trade accounts receivable securitization facility (the “Crown Facility”). Under the Crown Facility, trade accounts receivable generated by Crown Imports are sold by Crown Imports to its wholly-owned bankruptcy remote single purpose subsidiary (the “Crown SPV”), which is consolidated by us for financial reporting purposes. The Crown Facility provides borrowing capacity of $100.0 million up to $160.0 million structured to account for the seasonality of Crown Imports’ business. As of May 31, 2015 , our accounts receivable securitization facilities are as follows: Outstanding Borrowings Weighted Average Interest Rate Remaining Borrowing Capacity (in millions) CBI Facility $ — — % $ 270.0 Crown Facility $ — — % $ 160.0

Income Taxes

Income Taxes	3 Months Ended
	May. 31, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES: Our effective tax rate for the three months ended May 31, 2015 , and May 31, 2014 , was 31.5% and 32.5% , respectively. Our effective tax rates for the three months ended May 31, 2015 , and May 31, 2014 , were lower than the federal statutory rate of 35% primarily due to lower effective tax rates applicable to our foreign businesses. Our effective tax rate for the three months ended May 31, 2015 , also benefited from a decrease in uncertain tax positions. We are currently under examination by the Internal Revenue Service (“IRS”). Subsequent to May 31, 2015, we received a Revenue Agent’s Report (“RAR”) from the IRS proposing tax assessments for the 2010 and 2011 tax years. We disagree with certain assessments in this report and intend to submit a written protest stating our formal disagreement with the conclusions presented in the RAR. We believe that our position will be successfully sustained.

Net Income Per Common Share Att

Net Income Per Common Share Attributable to CBI	3 Months Ended
	May. 31, 2015
Earnings Per Share [Abstract]
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO CBI	NET INCOME PER COMMON SHARE ATTRIBUTABLE TO CBI: For the three months ended May 31, 2015 , and May 31, 2014 , net income per common share – diluted for Class A Common Stock has been calculated using the if-converted method. For the three months ended May 31, 2015 , and May 31, 2014 , net income per common share – diluted for Class B Convertible Common Stock is presented without assuming conversion into Class A Common Stock and is computed using the two-class computation method. The computation of basic and diluted net income per common share is as follows: For the Three Months 2015 2014 (in millions, except per share data) Net income attributable to CBI $ 238.6 $ 206.7 Weighted average common shares outstanding – basic: Class A Common Stock 171.370 168.158 Class B Convertible Common Stock 23.376 23.415 Weighted average common shares outstanding – diluted: Class A Common Stock 171.370 168.158 Class B Convertible Common Stock 23.376 23.415 Stock-based awards, primarily stock options 8.109 8.785 Weighted average common shares outstanding – diluted 202.855 200.358 For the Three Months 2015 2014 (in millions, except per share data) Net income per common share attributable to CBI – basic: Class A Common Stock $ 1.24 $ 1.09 Class B Convertible Common Stock $ 1.12 $ 0.99 Net income per common share attributable to CBI – diluted: Class A Common Stock $ 1.18 $ 1.03 Class B Convertible Common Stock $ 1.09 $ 0.95

Comprehensive Income Attributab

Comprehensive Income Attributable to CBI	3 Months Ended
	May. 31, 2015
Equity [Abstract]
COMPREHENSIVE INCOME ATTRIBUTABLE TO CBI	COMPREHENSIVE INCOME ATTRIBUTABLE TO CBI: Comprehensive income consists of net income, foreign currency translation adjustments, net unrealized gains (losses) on derivative instruments, net unrealized gains (losses) on AFS debt securities and pension/postretirement adjustments. The reconciliation of net income attributable to CBI to comprehensive income attributable to CBI is as follows: Before Tax Amount Tax (Expense) Benefit Net of Tax Amount (in millions) For the Three Months Ended May 31, 2015 Net income attributable to CBI $ 238.6 Other comprehensive loss: Foreign currency translation adjustments: Net losses $ (50.7 ) $ (0.6 ) (51.3 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (50.7 ) (0.6 ) (51.3 ) Unrealized loss on cash flow hedges: Net derivative losses (10.5 ) 2.9 (7.6 ) Reclassification adjustments 7.6 (2.5 ) 5.1 Net loss recognized in other comprehensive loss (2.9 ) 0.4 (2.5 ) Unrealized loss on AFS debt securities: Net AFS debt securities losses (0.1 ) — (0.1 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (0.1 ) — (0.1 ) Pension/postretirement adjustments: Net actuarial losses (0.1 ) — (0.1 ) Reclassification adjustments 0.1 — 0.1 Net loss recognized in other comprehensive loss — — — Other comprehensive loss attributable to CBI $ (53.7 ) $ (0.2 ) (53.9 ) Comprehensive income attributable to CBI $ 184.7 Before Tax Amount Tax (Expense) Benefit Net of Tax Amount (in millions) For the Three Months Ended May 31, 2014 Net income attributable to CBI $ 206.7 Other comprehensive income: Foreign currency translation adjustments: Net gains $ 37.5 $ (0.7 ) 36.8 Reclassification adjustments — — — Net gain recognized in other comprehensive income 37.5 (0.7 ) 36.8 Unrealized gain on cash flow hedges: Net derivative gains 13.6 (3.8 ) 9.8 Reclassification adjustments 1.4 (0.8 ) 0.6 Net gain recognized in other comprehensive income 15.0 (4.6 ) 10.4 Unrealized gain on AFS debt securities: Net AFS debt securities gains 0.3 (0.1 ) 0.2 Reclassification adjustments — — — Net gain recognized in other comprehensive income 0.3 (0.1 ) 0.2 Other comprehensive income attributable to CBI $ 52.8 $ (5.4 ) 47.4 Comprehensive income attributable to CBI $ 254.1 Accumulated other comprehensive loss, net of income tax effect, includes the following components: Foreign Currency Translation Adjustments Net Unrealized Losses on Derivative Instruments Net Unrealized Losses on AFS Debt Securities Pension/ Postretirement Adjustments Accumulated Other Comprehensive Loss (in millions) Balance, February 28, 2015 $ (86.1 ) $ (29.1 ) $ (2.5 ) $ (13.2 ) $ (130.9 ) Other comprehensive loss: Other comprehensive loss before reclassification adjustments (51.3 ) (7.6 ) (0.1 ) (0.1 ) (59.1 ) Amounts reclassified from accumulated other comprehensive loss — 5.1 — 0.1 5.2 Other comprehensive loss (51.3 ) (2.5 ) (0.1 ) — (53.9 ) Balance, May 31, 2015 $ (137.4 ) $ (31.6 ) $ (2.6 ) $ (13.2 ) $ (184.8 )

Condensed Consolidating Financi

Condensed Consolidating Financial Information	3 Months Ended
	May. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
CONDENSED CONSOLIDATING FINANCIAL INFORMATION	CONDENSED CONSOLIDATING FINANCIAL INFORMATION: The following information sets forth the condensed consolidating balance sheets as of May 31, 2015 , and February 28, 2015 , the condensed consolidating statements of comprehensive income for the three months ended May 31, 2015 , and May 31, 2014 , and the condensed consolidating statements of cash flows for the three months ended May 31, 2015 , and May 31, 2014 , for the parent company, our combined subsidiaries which guarantee our senior notes (“Subsidiary Guarantors”), our combined subsidiaries which are not Subsidiary Guarantors (primarily foreign subsidiaries) (“Subsidiary Nonguarantors”) and the Company. The Subsidiary Guarantors are 100% owned, directly or indirectly, by the parent company and the guarantees are joint and several obligations of each of the Subsidiary Guarantors. The guarantees are full and unconditional, as those terms are used in Rule 3-10 of Regulation S-X, except that a Subsidiary Guarantor can be automatically released and relieved of its obligations under certain customary circumstances contained in the indentures governing our senior notes. These customary circumstances include, so long as other applicable provisions of the indentures are adhered to, the termination or release of a Subsidiary Guarantor’s guarantee of other indebtedness or upon the legal defeasance or covenant defeasance or satisfaction and discharge of our senior notes. Separate financial statements for our Subsidiary Guarantors are not presented because we have determined that such financial statements would not be material to investors. The accounting policies of the parent company, the Subsidiary Guarantors and the Subsidiary Nonguarantors are the same as those described for the Company in Note 1 to our consolidated financial statements included in our 2015 Annual Report. There are no restrictions on the ability of the Subsidiary Guarantors to transfer funds to us in the form of cash dividends, loans or advances. Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Balance Sheet at May 31, 2015 Current assets: Cash and cash equivalents $ 33.9 $ 1.2 $ 95.6 $ — $ 130.7 Accounts receivable 1.1 20.6 674.5 — 696.2 Inventories 159.2 1,368.6 380.4 (124.5 ) 1,783.7 Intercompany receivable 14,007.5 19,737.1 7,179.7 (40,924.3 ) — Prepaid expenses and other 52.2 60.1 393.6 (137.2 ) 368.7 Total current assets 14,253.9 21,187.6 8,723.8 (41,186.0 ) 2,979.3 Property, plant and equipment 58.3 836.3 1,847.5 — 2,742.1 Investments in subsidiaries 12,181.3 15.3 — (12,196.6 ) — Goodwill — 5,411.2 789.1 — 6,200.3 Intangible assets — 700.8 2,461.8 4.1 3,166.7 Intercompany notes receivable 3,836.9 87.4 — (3,924.3 ) — Other assets 59.3 69.6 30.0 — 158.9 Total assets $ 30,389.7 $ 28,308.2 $ 13,852.2 $ (57,302.8 ) $ 15,247.3 Current liabilities: Notes payable to banks $ — $ — $ 100.9 $ — $ 100.9 Current maturities of long-term debt 106.8 16.5 55.2 — 178.5 Accounts payable 31.7 109.5 147.9 — 289.1 Accrued excise taxes 13.9 10.7 6.2 — 30.8 Intercompany payable 18,323.0 15,274.8 7,326.5 (40,924.3 ) — Other accrued expenses and liabilities 334.7 169.5 193.3 (176.5 ) 521.0 Total current liabilities 18,810.1 15,581.0 7,830.0 (41,100.8 ) 1,120.3 Long-term debt, less current maturities 5,571.2 27.1 1,439.9 — 7,038.2 Deferred income taxes 19.3 650.2 190.5 — 860.0 Intercompany notes payable — 3,906.9 17.4 (3,924.3 ) — Other liabilities 46.6 34.7 95.6 — 176.9 Total liabilities 24,447.2 20,199.9 9,573.4 (45,025.1 ) 9,195.4 Total CBI stockholders’ equity 5,942.5 8,108.3 4,169.4 (12,277.7 ) 5,942.5 Noncontrolling interests — — 109.4 — 109.4 Total stockholders’ equity 5,942.5 8,108.3 4,278.8 (12,277.7 ) 6,051.9 Total liabilities and stockholders’ equity $ 30,389.7 $ 28,308.2 $ 13,852.2 $ (57,302.8 ) $ 15,247.3 Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Balance Sheet at February 28, 2015 Current assets: Cash and cash equivalents $ 24.5 $ 0.7 $ 84.9 $ — $ 110.1 Accounts receivable 0.8 27.3 570.8 — 598.9 Inventories 153.3 1,419.0 357.7 (102.8 ) 1,827.2 Intercompany receivable 13,158.7 18,389.9 6,512.0 (38,060.6 ) — Prepaid expenses and other 46.2 94.0 427.0 (192.6 ) 374.6 Total current assets 13,383.5 19,930.9 7,952.4 (38,356.0 ) 2,910.8 Property, plant and equipment 59.3 854.5 1,767.8 — 2,681.6 Investments in subsidiaries 11,657.2 13.8 — (11,671.0 ) — Goodwill — 5,411.3 796.9 — 6,208.2 Intangible assets — 703.3 2,474.3 3.4 3,181.0 Intercompany notes receivable 4,087.3 129.9 — (4,217.2 ) — Other assets 61.4 68.4 33.1 — 162.9 Total assets $ 29,248.7 $ 27,112.1 $ 13,024.5 $ (54,240.8 ) $ 15,144.5 Current liabilities: Notes payable to banks $ — $ — $ 52.4 $ — $ 52.4 Current maturities of long-term debt 92.3 16.9 48.9 — 158.1 Accounts payable 41.2 113.2 131.4 — 285.8 Accrued excise taxes 12.6 11.3 4.8 — 28.7 Intercompany payable 17,206.7 14,201.6 6,652.3 (38,060.6 ) — Other accrued expenses and liabilities 462.5 211.2 156.9 (224.9 ) 605.7 Total current liabilities 17,815.3 14,554.2 7,046.7 (38,285.5 ) 1,130.7 Long-term debt, less current maturities 5,601.4 30.9 1,505.2 — 7,137.5 Deferred income taxes 17.6 633.6 167.7 — 818.9 Intercompany notes payable — 3,863.4 353.8 (4,217.2 ) — Other liabilities 43.7 36.7 95.7 — 176.1 Total liabilities 23,478.0 19,118.8 9,169.1 (42,502.7 ) 9,263.2 Total CBI stockholders’ equity 5,770.7 7,993.3 3,744.8 (11,738.1 ) 5,770.7 Noncontrolling interests — — 110.6 — 110.6 Total stockholders’ equity 5,770.7 7,993.3 3,855.4 (11,738.1 ) 5,881.3 Total liabilities and stockholders’ equity $ 29,248.7 $ 27,112.1 $ 13,024.5 $ (54,240.8 ) $ 15,144.5 Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended May 31, 2015 Sales $ 558.6 $ 1,424.9 $ 825.2 $ (1,010.7 ) $ 1,798.0 Less – excise taxes (76.2 ) (75.1 ) (15.4 ) — (166.7 ) Net sales 482.4 1,349.8 809.8 (1,010.7 ) 1,631.3 Cost of product sold (390.8 ) (1,003.6 ) (486.1 ) 986.3 (894.2 ) Gross profit 91.6 346.2 323.7 (24.4 ) 737.1 Selling, general and administrative expenses (102.8 ) (177.2 ) (33.5 ) 3.7 (309.8 ) Operating income (loss) (11.2 ) 169.0 290.2 (20.7 ) 427.3 Equity in earnings of equity method investees and subsidiaries 304.2 2.2 0.2 (305.6 ) 1.0 Interest income 0.1 — 0.2 — 0.3 Intercompany interest income 45.8 63.9 — (109.7 ) — Interest expense (69.3 ) (0.3 ) (8.2 ) — (77.8 ) Intercompany interest expense (63.6 ) (45.9 ) (0.2 ) 109.7 — Income before income taxes 206.0 188.9 282.2 (326.3 ) 350.8 (Provision for) benefit from income taxes 32.6 (73.1 ) (76.7 ) 6.6 (110.6 ) Net income 238.6 115.8 205.5 (319.7 ) 240.2 Net income attributable to noncontrolling interests — — (1.6 ) — (1.6 ) Net income attributable to CBI $ 238.6 $ 115.8 $ 203.9 $ (319.7 ) $ 238.6 Comprehensive income attributable to CBI $ 184.7 $ 115.1 $ 149.6 $ (264.7 ) $ 184.7 Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended May 31, 2014 Sales $ 544.5 $ 1,302.3 $ 814.0 $ (973.7 ) $ 1,687.1 Less – excise taxes (76.3 ) (67.6 ) (17.2 ) — (161.1 ) Net sales 468.2 1,234.7 796.8 (973.7 ) 1,526.0 Cost of product sold (378.3 ) (923.3 ) (508.7 ) 954.4 (855.9 ) Gross profit 89.9 311.4 288.1 (19.3 ) 670.1 Selling, general and administrative expenses (92.9 ) (148.5 ) (40.4 ) 3.9 (277.9 ) Operating income (loss) (3.0 ) 162.9 247.7 (15.4 ) 392.2 Equity in earnings of equity method investees and subsidiaries 505.8 1.5 0.2 (507.0 ) 0.5 Interest income — — 0.5 — 0.5 Intercompany interest income 44.1 49.3 0.1 (93.5 ) — Interest expense (71.9 ) (0.3 ) (14.7 ) — (86.9 ) Intercompany interest expense (49.2 ) (44.1 ) (0.2 ) 93.5 — Income before income taxes 425.8 169.3 233.6 (522.4 ) 306.3 (Provision for) benefit from income taxes (219.1 ) (62.5 ) 177.4 4.6 (99.6 ) Net income 206.7 106.8 411.0 (517.8 ) 206.7 Net income attributable to noncontrolling interests — — — — — Net income attributable to CBI $ 206.7 $ 106.8 $ 411.0 $ (517.8 ) $ 206.7 Comprehensive income attributable to CBI $ 254.1 $ 108.5 $ 457.8 $ (566.3 ) $ 254.1 Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Statement of Cash Flows for the Three Months Ended May 31, 2015 Net cash provided by (used in) operating activities $ (214.6 ) $ 213.1 $ 207.2 $ — $ 205.7 Cash flows from investing activities: Purchases of property, plant and equipment (2.9 ) (8.2 ) (118.6 ) — (129.7 ) Net proceeds from intercompany notes 205.1 — — (205.1 ) — Net investments in equity affiliates (279.9 ) — — 279.9 — Other investing activities — — (1.6 ) — (1.6 ) Net cash used in investing activities (77.7 ) (8.2 ) (120.2 ) 74.8 (131.3 ) Cash flows from financing activities: Net contributions from equity affiliates — 4.4 275.5 (279.9 ) — Net proceeds from (repayments of) intercompany notes 304.1 (168.8 ) (340.4 ) 205.1 — Principal payments of long-term debt (15.8 ) (4.4 ) (59.2 ) — (79.4 ) Dividends paid (59.8 ) — — — (59.8 ) Payments of minimum tax withholdings on stock-based payment awards — (35.6 ) (2.7 ) — (38.3 ) Excess tax benefits from stock-based payment awards 63.6 — — — 63.6 Net proceeds from notes payable — — 50.9 — 50.9 Proceeds from shares issued under equity compensation plans 9.6 — — — 9.6 Net cash provided by (used in) financing activities 301.7 (204.4 ) (75.9 ) (74.8 ) (53.4 ) Effect of exchange rate changes on cash and cash equivalents — — (0.4 ) — (0.4 ) Net increase in cash and cash equivalents 9.4 0.5 10.7 — 20.6 Cash and cash equivalents, beginning of period 24.5 0.7 84.9 — 110.1 Cash and cash equivalents, end of period $ 33.9 $ 1.2 $ 95.6 $ — $ 130.7 Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Statement of Cash Flows for the Three Months Ended May 31, 2014 Net cash provided by (used in) operating activities $ (453.9 ) $ 486.3 $ 199.9 $ — $ 232.3 Cash flows from investing activities: Purchases of property, plant and equipment (5.0 ) (31.1 ) (95.3 ) — (131.4 ) Net proceeds from intercompany notes 329.3 — — (329.3 ) — Net returns of capital from equity affiliates 35.5 — — (35.5 ) — Other investing activities — (5.9 ) 1.0 — (4.9 ) Net cash provided by (used in) investing activities 359.8 (37.0 ) (94.3 ) (364.8 ) (136.3 ) Cash flows from financing activities: Dividends paid to parent company — — (24.9 ) 24.9 — Net returns of capital to equity affiliates — (5.9 ) (4.7 ) 10.6 — Net proceeds from (repayments of) intercompany notes 35.9 (411.6 ) 46.4 329.3 — Principal payments of long-term debt (0.7 ) (4.0 ) (0.1 ) — (4.8 ) Payments of minimum tax withholdings on stock-based payment awards — (26.0 ) (2.4 ) — (28.4 ) Excess tax benefits from stock-based payment awards 57.4 — — — 57.4 Net proceeds from notes payable — — 178.1 — 178.1 Proceeds from shares issued under equity compensation plans 10.8 — — — 10.8 Net cash provided by (used in) financing activities 103.4 (447.5 ) 192.4 364.8 213.1 Effect of exchange rate changes on cash and cash equivalents — — 5.0 — 5.0 Net increase in cash and cash equivalents 9.3 1.8 303.0 — 314.1 Cash and cash equivalents, beginning of period 0.5 0.8 62.6 — 63.9 Cash and cash equivalents, end of period $ 9.8 $ 2.6 $ 365.6 $ — $ 378.0

Business Segment Information

Business Segment Information	3 Months Ended
	May. 31, 2015
Segment Reporting [Abstract]
BUSINESS SEGMENT INFORMATION	BUSINESS SEGMENT INFORMATION: Our internal management financial reporting consists of two business divisions: (i) Beer and (ii) Wine and Spirits, and we report our operating results in three segments: (i) Beer, (ii) Wine and Spirits, and (iii) Corporate Operations and Other. In the Beer segment, we have an exclusive perpetual brand license to import, market and sell in the U.S. our Mexican beer portfolio. In the Wine and Spirits segment, we sell a large number of wine brands across all categories – table wine, sparkling wine and dessert wine – and across all price points – popular, premium, super-premium and fine wine, complemented by certain premium spirits brands. Amounts included in the Corporate Operations and Other segment consist of costs of executive management, corporate development, corporate finance, human resources, internal audit, investor relations, legal, public relations and global information technology. The amounts included in the Corporate Operations and Other segment are general costs that are applicable to the consolidated group and are therefore not allocated to the other reportable segments. All costs reported within the Corporate Operations and Other segment are not included in our chief operating decision maker’s evaluation of the operating income performance of the other reportable segments. The business segments reflect how our operations are managed, how operating performance within the Company is evaluated by senior management and the structure of our internal financial reporting. In addition, management excludes items that affect comparability (“Comparable Adjustments”) from its evaluation of the results of each operating segment as these Comparable Adjustments are not reflective of core operations of the segments. Segment operating performance and segment management compensation are evaluated based upon core segment operating income (loss). As such, the performance measures for incentive compensation purposes for segment management do not include the impact of these items. We evaluate segment operating performance based on operating income (loss) of the respective business units. Comparable Adjustments that impacted comparability in our segment operating income (loss) for each period are as follows: For the Three Months 2015 2014 (in millions) Cost of product sold Amortization of favorable interim supply agreement $ (8.9 ) $ (7.6 ) Net gain (loss) on undesignated commodity derivative contracts (5.2 ) 0.2 Settlements of undesignated commodity derivative contracts 5.5 (0.5 ) Total cost of product sold (8.6 ) (7.9 ) Selling, general and administrative expenses Restructuring and related charges (13.0 ) — Integration and other acquisition-related costs (5.3 ) (4.5 ) Total selling, general and administrative expenses (18.3 ) (4.5 ) Comparable Adjustments, Operating loss $ (26.9 ) $ (12.4 ) The accounting policies of the segments are the same as those described for the Company in Note 1 to our consolidated financial statements included in our 2015 Annual Report. Segment information is as follows: For the Three Months 2015 2014 (in millions) Beer Net sales $ 965.8 $ 867.7 Segment operating income $ 336.5 $ 287.5 Long-lived tangible assets $ 1,570.7 $ 926.8 Total assets $ 8,416.8 $ 7,800.8 Capital expenditures $ 111.5 $ 85.3 Depreciation and amortization $ 14.3 $ 9.8 Wine and Spirits Net sales: Wine $ 587.8 $ 586.4 Spirits 77.7 71.9 Net sales $ 665.5 $ 658.3 Segment operating income $ 144.2 $ 143.2 Equity in earnings of equity method investees $ 1.0 $ 0.5 Long-lived tangible assets $ 1,053.6 $ 1,105.6 Investments in equity method investees $ 73.7 $ 73.2 Total assets $ 6,425.1 $ 6,679.5 Capital expenditures $ 16.7 $ 31.3 Depreciation and amortization $ 24.2 $ 25.6 For the Three Months 2015 2014 (in millions) Corporate Operations and Other Segment operating loss $ (26.5 ) $ (26.1 ) Long-lived tangible assets $ 117.8 $ 124.7 Total assets $ 405.4 $ 362.1 Capital expenditures $ 1.5 $ 14.8 Depreciation and amortization $ 7.3 $ 6.5 Comparable Adjustments Operating loss $ (26.9 ) $ (12.4 ) Depreciation and amortization $ 8.9 $ 7.6 Consolidated Net sales $ 1,631.3 $ 1,526.0 Operating income $ 427.3 $ 392.2 Equity in earnings of equity method investees $ 1.0 $ 0.5 Long-lived tangible assets $ 2,742.1 $ 2,157.1 Investments in equity method investees $ 73.7 $ 73.2 Total assets $ 15,247.3 $ 14,842.4 Capital expenditures $ 129.7 $ 131.4 Depreciation and amortization $ 54.7 $ 49.5

Accounting Guidance Not Yet Ado

Accounting Guidance Not Yet Adopted	3 Months Ended
	May. 31, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
ACCOUNTING GUIDANCE NOT YET ADOPTED	ACCOUNTING GUIDANCE NOT YET ADOPTED: Revenue recognition – In May 2014, the FASB issued guidance regarding the recognition of revenue from contracts with customers. Under this guidance, an entity will recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. A five step process will be utilized to recognize revenue, as follows: (i) identify the contract with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract and (v) recognize revenue when (or as) the entity satisfies a performance obligation. Additionally, this guidance requires improved disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. We are required to adopt this guidance for our annual and interim periods beginning March 1, 2017, utilizing one of two methods: retrospective restatement for each reporting period presented at time of adoption, or retrospectively with the cumulative effect of initially applying this guidance recognized at the date of initial application. In April 2015, the FASB agreed to propose a one-year deferral of the revenue recognition standard’s effective date for all entities. We are currently assessing the financial impact of this guidance on our consolidated financial statements.

Accounting Guidance Not Yet A19

Accounting Guidance Not Yet Adopted (Policies)	3 Months Ended
	May. 31, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Revenue recognition	Revenue recognition – In May 2014, the FASB issued guidance regarding the recognition of revenue from contracts with customers. Under this guidance, an entity will recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. A five step process will be utilized to recognize revenue, as follows: (i) identify the contract with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract and (v) recognize revenue when (or as) the entity satisfies a performance obligation. Additionally, this guidance requires improved disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. We are required to adopt this guidance for our annual and interim periods beginning March 1, 2017, utilizing one of two methods: retrospective restatement for each reporting period presented at time of adoption, or retrospectively with the cumulative effect of initially applying this guidance recognized at the date of initial application. In April 2015, the FASB agreed to propose a one-year deferral of the revenue recognition standard’s effective date for all entities. We are currently assessing the financial impact of this guidance on our consolidated financial statements.

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	May. 31, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories are stated at the lower of cost (computed in accordance with the first-in, first-out method) or market. Elements of cost include materials, labor and overhead and consist of the following: May 31, February 28, (in millions ) Raw materials and supplies $ 98.4 $ 106.0 In-process inventories 1,168.5 1,244.0 Finished case goods 516.8 477.2 $ 1,783.7 $ 1,827.2

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
	May. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Aggregate notional value of outstanding derivative instruments	The aggregate notional value of outstanding derivative instruments is as follows: May 31, February 28, (in millions ) Derivative instruments designated as hedging instruments Foreign currency contracts $ 500.7 $ 454.8 Interest rate swap contracts $ 500.0 $ 500.0 Derivative instruments not designated as hedging instruments Foreign currency contracts $ 981.6 $ 1,548.5 Commodity derivative contracts $ 195.8 $ 190.8 Interest rate swap contracts $ 1,000.0 $ 1,000.0
Fair value and location of derivative instruments on our balance sheets	The estimated fair value and location of our derivative instruments on our balance sheets are as follows (see Note 4): Assets Liabilities May 31, February 28, May 31, February 28, (in millions) Derivative instruments designated as hedging instruments Foreign currency contracts: Prepaid expenses and other $ 4.6 $ 5.3 Other accrued expenses and liabilities $ 26.3 $ 23.1 Other assets $ 1.9 $ 2.0 Other liabilities $ 9.5 $ 9.5 Interest rate swap contracts: Prepaid expenses and other $ — $ — Other accrued expenses and liabilities $ 2.8 $ 2.7 Other assets $ — $ 0.2 Other liabilities $ 0.1 $ — Derivative instruments not designated as hedging instruments Foreign currency contracts: Prepaid expenses and other $ 2.9 $ 27.3 Other accrued expenses and liabilities $ 3.3 $ 26.4 Commodity derivative contracts: Prepaid expenses and other $ 0.6 $ 0.5 Other accrued expenses and liabilities $ 17.9 $ 18.0 Other assets $ 0.4 $ 0.2 Other liabilities $ 9.1 $ 9.4 Interest rate swap contracts: Prepaid expenses and other $ 3.3 $ 3.3 Other accrued expenses and liabilities $ 15.6 $ 15.6 Other assets $ 0.1 $ — Other liabilities $ 2.5 $ 4.9
Effect of derivative instruments on our statements of income	The effect of our undesignated derivative instruments on our results of operations is as follows: Derivative Instruments Not Designated as Hedging Instruments Location of Net Gain (Loss) Recognized in Income Net Gain (Loss) Recognized in Income (in millions) For the Three Months Ended May 31, 2015 Commodity derivative contracts Cost of product sold $ (5.2 ) Foreign currency contracts Selling, general and administrative expenses (4.1 ) $ (9.3 ) For the Three Months Ended May 31, 2014 Commodity derivative contracts Cost of product sold $ 0.2 Foreign currency contracts Selling, general and administrative expenses (5.7 ) $ (5.5 ) The effect of our derivative instruments designated in cash flow hedging relationships on our results of operations, as well as Other Comprehensive Income (“OCI”), net of income tax effect, is as follows: Derivative Instruments in Designated Cash Flow Hedging Relationships Net Gain (Loss) Recognized in OCI (Effective portion) Location of Net Gain (Loss) Reclassified from AOCI to Income (Effective portion) Net Gain (Loss) Reclassified from AOCI to Income (Effective portion) (in millions) For the Three Months Ended May 31, 2015 Foreign currency contracts $ (2.9 ) Sales $ (0.5 ) Foreign currency contracts (4.0 ) Cost of product sold (2.4 ) Interest rate swap contracts (0.7 ) Interest expense (2.1 ) $ (7.6 ) $ (5.0 ) For the Three Months Ended May 31, 2014 Foreign currency contracts $ 9.9 Sales $ 1.2 Foreign currency contracts 0.4 Cost of product sold 0.3 Interest rate swap contracts (0.5 ) Interest expense (2.0 ) $ 9.8 $ (0.5 ) Derivative Instruments in Designated Cash Flow Hedging Relationships Location of Net Loss Recognized in Income (Ineffective portion) Net Loss Recognized in Income (Ineffective portion) (in millions) For the Three Months Ended May 31, 2015 Foreign currency contracts Selling, general and administrative expenses $ (0.1 ) For the Three Months Ended May 31, 2014 Foreign currency contracts Selling, general and administrative expenses $ (0.1 )

Fair Value of Financial Instr22

Fair Value of Financial Instruments (Tables)	3 Months Ended
	May. 31, 2015
Fair Value Disclosures [Abstract]
Financial assets and liabilities measured at estimated fair value on a recurring basis	The following table presents our financial assets and liabilities measured at estimated fair value on a recurring basis. Fair Value Measurements Using Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total (in millions) May 31, 2015 Assets: Foreign currency contracts $ — $ 9.4 $ — $ 9.4 Commodity derivative contracts $ — $ 1.0 $ — $ 1.0 Interest rate swap contracts $ — $ 3.4 $ — $ 3.4 AFS debt securities $ — $ — $ 7.7 $ 7.7 Liabilities: Foreign currency contracts $ — $ 39.1 $ — $ 39.1 Commodity derivative contracts $ — $ 27.0 $ — $ 27.0 Interest rate swap contracts $ — $ 21.0 $ — $ 21.0 Fair Value Measurements Using Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total (in millions) February 28, 2015 Assets: Foreign currency contracts $ — $ 34.6 $ — $ 34.6 Commodity derivative contracts $ — $ 0.7 $ — $ 0.7 Interest rate swap contracts $ — $ 3.5 $ — $ 3.5 Available-for-sale (“AFS”) debt securities $ — $ — $ 7.8 $ 7.8 Liabilities: Foreign currency contracts $ — $ 59.0 $ — $ 59.0 Commodity derivative contracts $ — $ 27.4 $ — $ 27.4 Interest rate swap contracts $ — $ 23.2 $ — $ 23.2

Goodwill (Tables)

Goodwill (Tables)	3 Months Ended
	May. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in the carrying amount of goodwill	The changes in the carrying amount of goodwill are as follows: Beer Wine and Spirits Consolidated (in millions) Balance, February 28, 2014 $ 3,714.6 $ 2,432.2 $ 6,146.8 Purchase accounting allocations (1) 66.7 34.0 100.7 Foreign currency translation adjustments (5.1 ) (34.2 ) (39.3 ) Balance, February 28, 2015 3,776.2 2,432.0 6,208.2 Foreign currency translation adjustments (1.2 ) (6.7 ) (7.9 ) Balance, May 31, 2015 $ 3,775.0 $ 2,425.3 $ 6,200.3 (1) Purchase accounting allocations associated with acquisitions of a glass production plant (Beer) and a super-premium tequila brand (Wine and Spirits).

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	May. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Major components of intangible assets	The major components of intangible assets are as follows: May 31, 2015 February 28, 2015 Gross Carrying Amount Net Carrying Amount Gross Carrying Amount Net Carrying Amount ( in millions) Amortizable intangible assets Customer relationships $ 100.9 $ 62.0 $ 100.9 $ 63.3 Favorable interim supply agreement 68.3 25.0 68.3 33.9 Other 21.0 4.1 21.0 5.5 Total $ 190.2 91.1 $ 190.2 102.7 Nonamortizable intangible assets Trademarks 3,071.2 3,073.9 Other 4.4 4.4 Total 3,075.6 3,078.3 Total intangible assets $ 3,166.7 $ 3,181.0
Estimated amortization expense	Estimated amortization expense for the remaining nine months of fiscal 2016 and for each of the five succeeding fiscal years and thereafter is as follows: (in millions) 2016 $ 28.2 2017 $ 10.3 2018 $ 5.4 2019 $ 5.4 2020 $ 5.4 2021 $ 5.4 Thereafter $ 31.0

Borrowings (Tables)

Borrowings (Tables)	3 Months Ended
	May. 31, 2015
Debt Disclosure [Abstract]
Borrowings	Borrowings consist of the following: May 31, 2015 February 28, Current Long-term Total Total ( in millions) Notes payable to banks Senior Credit Facility – Revolving Credit Loans $ — $ — $ — $ — Other 100.9 — 100.9 52.4 $ 100.9 $ — $ 100.9 $ 52.4 Long-term debt Senior Credit Facility – Term Loans $ 160.3 $ 2,607.5 $ 2,767.8 $ 2,792.1 Senior Notes — 4,348.9 4,348.9 4,348.6 Other 18.2 81.8 100.0 154.9 $ 178.5 $ 7,038.2 $ 7,216.7 $ 7,295.6 As of May 31, 2015 , information with respect to borrowings under the 2014 Credit Agreement is as follows: Revolving Credit Facility U.S. Term A Facility U.S. Term A-1 Facility U.S. Term A-2 Facility European Term A Facility European Term B-1 Facility (in millions) Outstanding borrowings $ — $ 470.5 $ 242.6 $ 615.9 $ 456.2 $ 982.6 Interest rate — % 1.7 % 1.9 % 1.7 % 1.7 % 1.9 % Libor margin 1.5 % 1.5 % 1.75 % 1.5 % 1.5 % 1.75 % Outstanding letters of credit $ 15.3 Remaining borrowing capacity $ 834.7 As of May 31, 2015 , our accounts receivable securitization facilities are as follows: Outstanding Borrowings Weighted Average Interest Rate Remaining Borrowing Capacity (in millions) CBI Facility $ — — % $ 270.0 Crown Facility $ — — % $ 160.0

Net Income Per Common Share A26

Net Income Per Common Share Attributable to CBI (Tables)	3 Months Ended
	May. 31, 2015
Earnings Per Share [Abstract]
Basic and diluted net income per common share attributable to CBI	The computation of basic and diluted net income per common share is as follows: For the Three Months 2015 2014 (in millions, except per share data) Net income attributable to CBI $ 238.6 $ 206.7 Weighted average common shares outstanding – basic: Class A Common Stock 171.370 168.158 Class B Convertible Common Stock 23.376 23.415 Weighted average common shares outstanding – diluted: Class A Common Stock 171.370 168.158 Class B Convertible Common Stock 23.376 23.415 Stock-based awards, primarily stock options 8.109 8.785 Weighted average common shares outstanding – diluted 202.855 200.358 For the Three Months 2015 2014 (in millions, except per share data) Net income per common share attributable to CBI – basic: Class A Common Stock $ 1.24 $ 1.09 Class B Convertible Common Stock $ 1.12 $ 0.99 Net income per common share attributable to CBI – diluted: Class A Common Stock $ 1.18 $ 1.03 Class B Convertible Common Stock $ 1.09 $ 0.95

Comprehensive Income Attribut27

Comprehensive Income Attributable to CBI (Tables)	3 Months Ended
	May. 31, 2015
Equity [Abstract]
Reconciliation of net income attributable to CBI to comprehensive income attributable to CBI	The reconciliation of net income attributable to CBI to comprehensive income attributable to CBI is as follows: Before Tax Amount Tax (Expense) Benefit Net of Tax Amount (in millions) For the Three Months Ended May 31, 2015 Net income attributable to CBI $ 238.6 Other comprehensive loss: Foreign currency translation adjustments: Net losses $ (50.7 ) $ (0.6 ) (51.3 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (50.7 ) (0.6 ) (51.3 ) Unrealized loss on cash flow hedges: Net derivative losses (10.5 ) 2.9 (7.6 ) Reclassification adjustments 7.6 (2.5 ) 5.1 Net loss recognized in other comprehensive loss (2.9 ) 0.4 (2.5 ) Unrealized loss on AFS debt securities: Net AFS debt securities losses (0.1 ) — (0.1 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (0.1 ) — (0.1 ) Pension/postretirement adjustments: Net actuarial losses (0.1 ) — (0.1 ) Reclassification adjustments 0.1 — 0.1 Net loss recognized in other comprehensive loss — — — Other comprehensive loss attributable to CBI $ (53.7 ) $ (0.2 ) (53.9 ) Comprehensive income attributable to CBI $ 184.7 Before Tax Amount Tax (Expense) Benefit Net of Tax Amount (in millions) For the Three Months Ended May 31, 2014 Net income attributable to CBI $ 206.7 Other comprehensive income: Foreign currency translation adjustments: Net gains $ 37.5 $ (0.7 ) 36.8 Reclassification adjustments — — — Net gain recognized in other comprehensive income 37.5 (0.7 ) 36.8 Unrealized gain on cash flow hedges: Net derivative gains 13.6 (3.8 ) 9.8 Reclassification adjustments 1.4 (0.8 ) 0.6 Net gain recognized in other comprehensive income 15.0 (4.6 ) 10.4 Unrealized gain on AFS debt securities: Net AFS debt securities gains 0.3 (0.1 ) 0.2 Reclassification adjustments — — — Net gain recognized in other comprehensive income 0.3 (0.1 ) 0.2 Other comprehensive income attributable to CBI $ 52.8 $ (5.4 ) 47.4 Comprehensive income attributable to CBI $ 254.1
Accumulated other comprehensive loss, net of income tax effect	Accumulated other comprehensive loss, net of income tax effect, includes the following components: Foreign Currency Translation Adjustments Net Unrealized Losses on Derivative Instruments Net Unrealized Losses on AFS Debt Securities Pension/ Postretirement Adjustments Accumulated Other Comprehensive Loss (in millions) Balance, February 28, 2015 $ (86.1 ) $ (29.1 ) $ (2.5 ) $ (13.2 ) $ (130.9 ) Other comprehensive loss: Other comprehensive loss before reclassification adjustments (51.3 ) (7.6 ) (0.1 ) (0.1 ) (59.1 ) Amounts reclassified from accumulated other comprehensive loss — 5.1 — 0.1 5.2 Other comprehensive loss (51.3 ) (2.5 ) (0.1 ) — (53.9 ) Balance, May 31, 2015 $ (137.4 ) $ (31.6 ) $ (2.6 ) $ (13.2 ) $ (184.8 )

Condensed Consolidating Finan28

Condensed Consolidating Financial Information (Tables)	3 Months Ended
	May. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Balance Sheet	Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Balance Sheet at May 31, 2015 Current assets: Cash and cash equivalents $ 33.9 $ 1.2 $ 95.6 $ — $ 130.7 Accounts receivable 1.1 20.6 674.5 — 696.2 Inventories 159.2 1,368.6 380.4 (124.5 ) 1,783.7 Intercompany receivable 14,007.5 19,737.1 7,179.7 (40,924.3 ) — Prepaid expenses and other 52.2 60.1 393.6 (137.2 ) 368.7 Total current assets 14,253.9 21,187.6 8,723.8 (41,186.0 ) 2,979.3 Property, plant and equipment 58.3 836.3 1,847.5 — 2,742.1 Investments in subsidiaries 12,181.3 15.3 — (12,196.6 ) — Goodwill — 5,411.2 789.1 — 6,200.3 Intangible assets — 700.8 2,461.8 4.1 3,166.7 Intercompany notes receivable 3,836.9 87.4 — (3,924.3 ) — Other assets 59.3 69.6 30.0 — 158.9 Total assets $ 30,389.7 $ 28,308.2 $ 13,852.2 $ (57,302.8 ) $ 15,247.3 Current liabilities: Notes payable to banks $ — $ — $ 100.9 $ — $ 100.9 Current maturities of long-term debt 106.8 16.5 55.2 — 178.5 Accounts payable 31.7 109.5 147.9 — 289.1 Accrued excise taxes 13.9 10.7 6.2 — 30.8 Intercompany payable 18,323.0 15,274.8 7,326.5 (40,924.3 ) — Other accrued expenses and liabilities 334.7 169.5 193.3 (176.5 ) 521.0 Total current liabilities 18,810.1 15,581.0 7,830.0 (41,100.8 ) 1,120.3 Long-term debt, less current maturities 5,571.2 27.1 1,439.9 — 7,038.2 Deferred income taxes 19.3 650.2 190.5 — 860.0 Intercompany notes payable — 3,906.9 17.4 (3,924.3 ) — Other liabilities 46.6 34.7 95.6 — 176.9 Total liabilities 24,447.2 20,199.9 9,573.4 (45,025.1 ) 9,195.4 Total CBI stockholders’ equity 5,942.5 8,108.3 4,169.4 (12,277.7 ) 5,942.5 Noncontrolling interests — — 109.4 — 109.4 Total stockholders’ equity 5,942.5 8,108.3 4,278.8 (12,277.7 ) 6,051.9 Total liabilities and stockholders’ equity $ 30,389.7 $ 28,308.2 $ 13,852.2 $ (57,302.8 ) $ 15,247.3 Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Balance Sheet at February 28, 2015 Current assets: Cash and cash equivalents $ 24.5 $ 0.7 $ 84.9 $ — $ 110.1 Accounts receivable 0.8 27.3 570.8 — 598.9 Inventories 153.3 1,419.0 357.7 (102.8 ) 1,827.2 Intercompany receivable 13,158.7 18,389.9 6,512.0 (38,060.6 ) — Prepaid expenses and other 46.2 94.0 427.0 (192.6 ) 374.6 Total current assets 13,383.5 19,930.9 7,952.4 (38,356.0 ) 2,910.8 Property, plant and equipment 59.3 854.5 1,767.8 — 2,681.6 Investments in subsidiaries 11,657.2 13.8 — (11,671.0 ) — Goodwill — 5,411.3 796.9 — 6,208.2 Intangible assets — 703.3 2,474.3 3.4 3,181.0 Intercompany notes receivable 4,087.3 129.9 — (4,217.2 ) — Other assets 61.4 68.4 33.1 — 162.9 Total assets $ 29,248.7 $ 27,112.1 $ 13,024.5 $ (54,240.8 ) $ 15,144.5 Current liabilities: Notes payable to banks $ — $ — $ 52.4 $ — $ 52.4 Current maturities of long-term debt 92.3 16.9 48.9 — 158.1 Accounts payable 41.2 113.2 131.4 — 285.8 Accrued excise taxes 12.6 11.3 4.8 — 28.7 Intercompany payable 17,206.7 14,201.6 6,652.3 (38,060.6 ) — Other accrued expenses and liabilities 462.5 211.2 156.9 (224.9 ) 605.7 Total current liabilities 17,815.3 14,554.2 7,046.7 (38,285.5 ) 1,130.7 Long-term debt, less current maturities 5,601.4 30.9 1,505.2 — 7,137.5 Deferred income taxes 17.6 633.6 167.7 — 818.9 Intercompany notes payable — 3,863.4 353.8 (4,217.2 ) — Other liabilities 43.7 36.7 95.7 — 176.1 Total liabilities 23,478.0 19,118.8 9,169.1 (42,502.7 ) 9,263.2 Total CBI stockholders’ equity 5,770.7 7,993.3 3,744.8 (11,738.1 ) 5,770.7 Noncontrolling interests — — 110.6 — 110.6 Total stockholders’ equity 5,770.7 7,993.3 3,855.4 (11,738.1 ) 5,881.3 Total liabilities and stockholders’ equity $ 29,248.7 $ 27,112.1 $ 13,024.5 $ (54,240.8 ) $ 15,144.5
Condensed Consolidating Statement of Comprehensive Income	Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended May 31, 2015 Sales $ 558.6 $ 1,424.9 $ 825.2 $ (1,010.7 ) $ 1,798.0 Less – excise taxes (76.2 ) (75.1 ) (15.4 ) — (166.7 ) Net sales 482.4 1,349.8 809.8 (1,010.7 ) 1,631.3 Cost of product sold (390.8 ) (1,003.6 ) (486.1 ) 986.3 (894.2 ) Gross profit 91.6 346.2 323.7 (24.4 ) 737.1 Selling, general and administrative expenses (102.8 ) (177.2 ) (33.5 ) 3.7 (309.8 ) Operating income (loss) (11.2 ) 169.0 290.2 (20.7 ) 427.3 Equity in earnings of equity method investees and subsidiaries 304.2 2.2 0.2 (305.6 ) 1.0 Interest income 0.1 — 0.2 — 0.3 Intercompany interest income 45.8 63.9 — (109.7 ) — Interest expense (69.3 ) (0.3 ) (8.2 ) — (77.8 ) Intercompany interest expense (63.6 ) (45.9 ) (0.2 ) 109.7 — Income before income taxes 206.0 188.9 282.2 (326.3 ) 350.8 (Provision for) benefit from income taxes 32.6 (73.1 ) (76.7 ) 6.6 (110.6 ) Net income 238.6 115.8 205.5 (319.7 ) 240.2 Net income attributable to noncontrolling interests — — (1.6 ) — (1.6 ) Net income attributable to CBI $ 238.6 $ 115.8 $ 203.9 $ (319.7 ) $ 238.6 Comprehensive income attributable to CBI $ 184.7 $ 115.1 $ 149.6 $ (264.7 ) $ 184.7 Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended May 31, 2014 Sales $ 544.5 $ 1,302.3 $ 814.0 $ (973.7 ) $ 1,687.1 Less – excise taxes (76.3 ) (67.6 ) (17.2 ) — (161.1 ) Net sales 468.2 1,234.7 796.8 (973.7 ) 1,526.0 Cost of product sold (378.3 ) (923.3 ) (508.7 ) 954.4 (855.9 ) Gross profit 89.9 311.4 288.1 (19.3 ) 670.1 Selling, general and administrative expenses (92.9 ) (148.5 ) (40.4 ) 3.9 (277.9 ) Operating income (loss) (3.0 ) 162.9 247.7 (15.4 ) 392.2 Equity in earnings of equity method investees and subsidiaries 505.8 1.5 0.2 (507.0 ) 0.5 Interest income — — 0.5 — 0.5 Intercompany interest income 44.1 49.3 0.1 (93.5 ) — Interest expense (71.9 ) (0.3 ) (14.7 ) — (86.9 ) Intercompany interest expense (49.2 ) (44.1 ) (0.2 ) 93.5 — Income before income taxes 425.8 169.3 233.6 (522.4 ) 306.3 (Provision for) benefit from income taxes (219.1 ) (62.5 ) 177.4 4.6 (99.6 ) Net income 206.7 106.8 411.0 (517.8 ) 206.7 Net income attributable to noncontrolling interests — — — — — Net income attributable to CBI $ 206.7 $ 106.8 $ 411.0 $ (517.8 ) $ 206.7 Comprehensive income attributable to CBI $ 254.1 $ 108.5 $ 457.8 $ (566.3 ) $ 254.1
Condensed Consolidating Statement of Cash Flows	Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Statement of Cash Flows for the Three Months Ended May 31, 2015 Net cash provided by (used in) operating activities $ (214.6 ) $ 213.1 $ 207.2 $ — $ 205.7 Cash flows from investing activities: Purchases of property, plant and equipment (2.9 ) (8.2 ) (118.6 ) — (129.7 ) Net proceeds from intercompany notes 205.1 — — (205.1 ) — Net investments in equity affiliates (279.9 ) — — 279.9 — Other investing activities — — (1.6 ) — (1.6 ) Net cash used in investing activities (77.7 ) (8.2 ) (120.2 ) 74.8 (131.3 ) Cash flows from financing activities: Net contributions from equity affiliates — 4.4 275.5 (279.9 ) — Net proceeds from (repayments of) intercompany notes 304.1 (168.8 ) (340.4 ) 205.1 — Principal payments of long-term debt (15.8 ) (4.4 ) (59.2 ) — (79.4 ) Dividends paid (59.8 ) — — — (59.8 ) Payments of minimum tax withholdings on stock-based payment awards — (35.6 ) (2.7 ) — (38.3 ) Excess tax benefits from stock-based payment awards 63.6 — — — 63.6 Net proceeds from notes payable — — 50.9 — 50.9 Proceeds from shares issued under equity compensation plans 9.6 — — — 9.6 Net cash provided by (used in) financing activities 301.7 (204.4 ) (75.9 ) (74.8 ) (53.4 ) Effect of exchange rate changes on cash and cash equivalents — — (0.4 ) — (0.4 ) Net increase in cash and cash equivalents 9.4 0.5 10.7 — 20.6 Cash and cash equivalents, beginning of period 24.5 0.7 84.9 — 110.1 Cash and cash equivalents, end of period $ 33.9 $ 1.2 $ 95.6 $ — $ 130.7 Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Statement of Cash Flows for the Three Months Ended May 31, 2014 Net cash provided by (used in) operating activities $ (453.9 ) $ 486.3 $ 199.9 $ — $ 232.3 Cash flows from investing activities: Purchases of property, plant and equipment (5.0 ) (31.1 ) (95.3 ) — (131.4 ) Net proceeds from intercompany notes 329.3 — — (329.3 ) — Net returns of capital from equity affiliates 35.5 — — (35.5 ) — Other investing activities — (5.9 ) 1.0 — (4.9 ) Net cash provided by (used in) investing activities 359.8 (37.0 ) (94.3 ) (364.8 ) (136.3 ) Cash flows from financing activities: Dividends paid to parent company — — (24.9 ) 24.9 — Net returns of capital to equity affiliates — (5.9 ) (4.7 ) 10.6 — Net proceeds from (repayments of) intercompany notes 35.9 (411.6 ) 46.4 329.3 — Principal payments of long-term debt (0.7 ) (4.0 ) (0.1 ) — (4.8 ) Payments of minimum tax withholdings on stock-based payment awards — (26.0 ) (2.4 ) — (28.4 ) Excess tax benefits from stock-based payment awards 57.4 — — — 57.4 Net proceeds from notes payable — — 178.1 — 178.1 Proceeds from shares issued under equity compensation plans 10.8 — — — 10.8 Net cash provided by (used in) financing activities 103.4 (447.5 ) 192.4 364.8 213.1 Effect of exchange rate changes on cash and cash equivalents — — 5.0 — 5.0 Net increase in cash and cash equivalents 9.3 1.8 303.0 — 314.1 Cash and cash equivalents, beginning of period 0.5 0.8 62.6 — 63.9 Cash and cash equivalents, end of period $ 9.8 $ 2.6 $ 365.6 $ — $ 378.0

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
	May. 31, 2015
Segment Reporting [Abstract]
Comparable adjustments	Comparable Adjustments that impacted comparability in our segment operating income (loss) for each period are as follows: For the Three Months 2015 2014 (in millions) Cost of product sold Amortization of favorable interim supply agreement $ (8.9 ) $ (7.6 ) Net gain (loss) on undesignated commodity derivative contracts (5.2 ) 0.2 Settlements of undesignated commodity derivative contracts 5.5 (0.5 ) Total cost of product sold (8.6 ) (7.9 ) Selling, general and administrative expenses Restructuring and related charges (13.0 ) — Integration and other acquisition-related costs (5.3 ) (4.5 ) Total selling, general and administrative expenses (18.3 ) (4.5 ) Comparable Adjustments, Operating loss $ (26.9 ) $ (12.4 )
Segment information	Segment information is as follows: For the Three Months 2015 2014 (in millions) Beer Net sales $ 965.8 $ 867.7 Segment operating income $ 336.5 $ 287.5 Long-lived tangible assets $ 1,570.7 $ 926.8 Total assets $ 8,416.8 $ 7,800.8 Capital expenditures $ 111.5 $ 85.3 Depreciation and amortization $ 14.3 $ 9.8 Wine and Spirits Net sales: Wine $ 587.8 $ 586.4 Spirits 77.7 71.9 Net sales $ 665.5 $ 658.3 Segment operating income $ 144.2 $ 143.2 Equity in earnings of equity method investees $ 1.0 $ 0.5 Long-lived tangible assets $ 1,053.6 $ 1,105.6 Investments in equity method investees $ 73.7 $ 73.2 Total assets $ 6,425.1 $ 6,679.5 Capital expenditures $ 16.7 $ 31.3 Depreciation and amortization $ 24.2 $ 25.6 For the Three Months 2015 2014 (in millions) Corporate Operations and Other Segment operating loss $ (26.5 ) $ (26.1 ) Long-lived tangible assets $ 117.8 $ 124.7 Total assets $ 405.4 $ 362.1 Capital expenditures $ 1.5 $ 14.8 Depreciation and amortization $ 7.3 $ 6.5 Comparable Adjustments Operating loss $ (26.9 ) $ (12.4 ) Depreciation and amortization $ 8.9 $ 7.6 Consolidated Net sales $ 1,631.3 $ 1,526.0 Operating income $ 427.3 $ 392.2 Equity in earnings of equity method investees $ 1.0 $ 0.5 Long-lived tangible assets $ 2,742.1 $ 2,157.1 Investments in equity method investees $ 73.7 $ 73.2 Total assets $ 15,247.3 $ 14,842.4 Capital expenditures $ 129.7 $ 131.4 Depreciation and amortization $ 54.7 $ 49.5

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	May. 31, 2015	Feb. 28, 2015
Inventories
Raw materials and supplies	$ 98.4	$ 106
In-process inventories	1,168.5	1,244
Finished case goods	516.8	477.2
Total	$ 1,783.7	$ 1,827.2

Derivative Instruments (Details

Derivative Instruments (Details) - USD ($) $ in Millions	May. 31, 2015	Feb. 28, 2015
Designated as hedging instrument [Member] | Foreign currency contracts [Member]
Derivative [Line Items]
Aggregate notional value of derivative instruments	$ 500.7	$ 454.8
Designated as hedging instrument [Member] | Interest rate swap contracts [Member]
Derivative [Line Items]
Aggregate notional value of derivative instruments	500	500
Not designated as hedging instrument [Member] | Foreign currency contracts [Member]
Derivative [Line Items]
Aggregate notional value of derivative instruments	981.6	1,548.5
Not designated as hedging instrument [Member] | Interest rate swap contracts [Member]
Derivative [Line Items]
Aggregate notional value of derivative instruments	1,000	1,000
Not designated as hedging instrument [Member] | Commodity derivative contracts [Member]
Derivative [Line Items]
Aggregate notional value of derivative instruments	$ 195.8	$ 190.8

Derivative Instruments (Detai32

Derivative Instruments (Details 1) - USD ($) $ in Millions	May. 31, 2015	Feb. 28, 2015
Designated as hedging instrument [Member] | Foreign currency contracts [Member] | Prepaid expenses and other [Member]
Fair value and location of our derivative instruments on our balance sheets
Foreign currency contracts, Assets	$ 4.6	$ 5.3
Designated as hedging instrument [Member] | Foreign currency contracts [Member] | Other accrued expenses and liabilities [Member]
Fair value and location of our derivative instruments on our balance sheets
Foreign currency contracts, Liabilities	26.3	23.1
Designated as hedging instrument [Member] | Foreign currency contracts [Member] | Other assets [Member]
Fair value and location of our derivative instruments on our balance sheets
Foreign currency contracts, Assets	1.9	2
Designated as hedging instrument [Member] | Foreign currency contracts [Member] | Other liabilities [Member]
Fair value and location of our derivative instruments on our balance sheets
Foreign currency contracts, Liabilities	9.5	9.5
Designated as hedging instrument [Member] | Interest rate swap contracts [Member] | Prepaid expenses and other [Member]
Fair value and location of our derivative instruments on our balance sheets
Interest rate swap contracts, Assets	0	0
Designated as hedging instrument [Member] | Interest rate swap contracts [Member] | Other accrued expenses and liabilities [Member]
Fair value and location of our derivative instruments on our balance sheets
Interest rate swap contracts, Liabilities	2.8	2.7
Designated as hedging instrument [Member] | Interest rate swap contracts [Member] | Other assets [Member]
Fair value and location of our derivative instruments on our balance sheets
Interest rate swap contracts, Assets	0	0.2
Designated as hedging instrument [Member] | Interest rate swap contracts [Member] | Other liabilities [Member]
Fair value and location of our derivative instruments on our balance sheets
Interest rate swap contracts, Liabilities	0.1	0
Not designated as hedging instrument [Member] | Foreign currency contracts [Member] | Prepaid expenses and other [Member]
Fair value and location of our derivative instruments on our balance sheets
Foreign currency contracts, Assets	2.9	27.3
Not designated as hedging instrument [Member] | Foreign currency contracts [Member] | Other accrued expenses and liabilities [Member]
Fair value and location of our derivative instruments on our balance sheets
Foreign currency contracts, Liabilities	3.3	26.4
Not designated as hedging instrument [Member] | Interest rate swap contracts [Member] | Prepaid expenses and other [Member]
Fair value and location of our derivative instruments on our balance sheets
Interest rate swap contracts, Assets	3.3	3.3
Not designated as hedging instrument [Member] | Interest rate swap contracts [Member] | Other accrued expenses and liabilities [Member]
Fair value and location of our derivative instruments on our balance sheets
Interest rate swap contracts, Liabilities	15.6	15.6
Not designated as hedging instrument [Member] | Interest rate swap contracts [Member] | Other assets [Member]
Fair value and location of our derivative instruments on our balance sheets
Interest rate swap contracts, Assets	0.1	0
Not designated as hedging instrument [Member] | Interest rate swap contracts [Member] | Other liabilities [Member]
Fair value and location of our derivative instruments on our balance sheets
Interest rate swap contracts, Liabilities	2.5	4.9
Not designated as hedging instrument [Member] | Commodity derivative contracts [Member] | Prepaid expenses and other [Member]
Fair value and location of our derivative instruments on our balance sheets
Commodity derivative contracts, Assets	0.6	0.5
Not designated as hedging instrument [Member] | Commodity derivative contracts [Member] | Other accrued expenses and liabilities [Member]
Fair value and location of our derivative instruments on our balance sheets
Commodity derivative contracts, Liabilities	17.9	18
Not designated as hedging instrument [Member] | Commodity derivative contracts [Member] | Other assets [Member]
Fair value and location of our derivative instruments on our balance sheets
Commodity derivative contracts, Assets	0.4	0.2
Not designated as hedging instrument [Member] | Commodity derivative contracts [Member] | Other liabilities [Member]
Fair value and location of our derivative instruments on our balance sheets
Commodity derivative contracts, Liabilities	$ 9.1	$ 9.4

Derivative Instruments (Detai33

Derivative Instruments (Details 2) - USD ($) $ in Millions	3 Months Ended
	May. 31, 2015	May. 31, 2014
Effect of our undesignated derivative instruments on our results of operations
Net Gain (Loss) Recognized in Income	$ (9.3)	$ (5.5)
Foreign currency contracts [Member] | Selling, general and administrative expenses [Member]
Effect of our undesignated derivative instruments on our results of operations
Net Gain (Loss) Recognized in Income	(4.1)	(5.7)
Commodity derivative contracts [Member] | Cost of product sold [Member]
Effect of our undesignated derivative instruments on our results of operations
Net Gain (Loss) Recognized in Income	(5.2)	0.2
Cash flow hedging [Member]
Effect of our derivative instruments designated in cash flow hedging relationships on our results of operations, net of income tax effect
Net Gain (Loss) Recognized in OCI (Effective portion)	(7.6)	9.8
Net Gain (Loss) Reclassified from AOCI to Income (Effective portion)	(5)	(0.5)
Cash flow hedging [Member] | Foreign currency contracts one [Member]
Effect of our derivative instruments designated in cash flow hedging relationships on our results of operations, net of income tax effect
Net Gain (Loss) Recognized in OCI (Effective portion)	(2.9)	9.9
Cash flow hedging [Member] | Foreign currency contracts one [Member] | Sales [Member]
Effect of our derivative instruments designated in cash flow hedging relationships on our results of operations, net of income tax effect
Net Gain (Loss) Reclassified from AOCI to Income (Effective portion)	(0.5)	1.2
Cash flow hedging [Member] | Foreign currency contracts two [Member]
Effect of our derivative instruments designated in cash flow hedging relationships on our results of operations, net of income tax effect
Net Gain (Loss) Recognized in OCI (Effective portion)	(4)	0.4
Cash flow hedging [Member] | Foreign currency contracts two [Member] | Cost of product sold [Member]
Effect of our derivative instruments designated in cash flow hedging relationships on our results of operations, net of income tax effect
Net Gain (Loss) Reclassified from AOCI to Income (Effective portion)	(2.4)	0.3
Cash flow hedging [Member] | Interest rate swap contracts [Member]
Effect of our derivative instruments designated in cash flow hedging relationships on our results of operations, net of income tax effect
Net Gain (Loss) Recognized in OCI (Effective portion)	(0.7)	(0.5)
Cash flow hedging [Member] | Interest rate swap contracts [Member] | Interest expense [Member]
Effect of our derivative instruments designated in cash flow hedging relationships on our results of operations, net of income tax effect
Net Gain (Loss) Reclassified from AOCI to Income (Effective portion)	(2.1)	(2)
Cash flow hedging [Member] | Foreign currency contracts [Member] | Selling, general and administrative expenses [Member]
Effect of our derivative instruments designated in cash flow hedging relationships on our results of operations, net of income tax effect
Net Loss Recognized in Income (Ineffective portion)	$ (0.1)	$ (0.1)

Derivative Instruments (Detai34

Derivative Instruments (Details Textual) - May. 31, 2015 - USD ($) $ in Millions	Total
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair value of derivative instruments in a net liability position due to counterparties	$ 75.9
Amount of net losses, net of income tax effect, to be reclassified from AOCI to earnings within the next 12 months	$ (19.2)

Fair Value of Financial Instr35

Fair Value of Financial Instruments (Details) - Recurring [Member] - USD ($) $ in Millions	May. 31, 2015	Feb. 28, 2015
Assets:
Foreign currency contracts	$ 9.4	$ 34.6
Commodity derivative contracts	1	0.7
Interest rate swap contracts	3.4	3.5
AFS debt securities	7.7	7.8
Liabilities:
Foreign currency contracts	39.1	59
Commodity derivative contracts	27	27.4
Interest rate swap contracts	21	23.2
Quoted Prices in Active Markets (Level 1) [Member]
Assets:
Foreign currency contracts	0	0
Commodity derivative contracts	0	0
Interest rate swap contracts	0	0
AFS debt securities	0	0
Liabilities:
Foreign currency contracts	0	0
Commodity derivative contracts	0	0
Interest rate swap contracts	0	0
Significant Other Observable Inputs (Level 2) [Member]
Assets:
Foreign currency contracts	9.4	34.6
Commodity derivative contracts	1	0.7
Interest rate swap contracts	3.4	3.5
AFS debt securities	0	0
Liabilities:
Foreign currency contracts	39.1	59
Commodity derivative contracts	27	27.4
Interest rate swap contracts	21	23.2
Significant Unobservable Inputs (Level 3) [Member]
Assets:
Foreign currency contracts	0	0
Commodity derivative contracts	0	0
Interest rate swap contracts	0	0
AFS debt securities	7.7	7.8
Liabilities:
Foreign currency contracts	0	0
Commodity derivative contracts	0	0
Interest rate swap contracts	$ 0	$ 0

Fair Value of Financial Instr36

Fair Value of Financial Instruments (Details Textual) - USD ($) $ in Millions	May. 31, 2015	Feb. 28, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current portion	$ 7,216.7	$ 7,295.6
Carrying amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current portion	7,216.7	7,295.6
Fair value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current portion	$ 7,559.7	$ 7,378.6

Goodwill (Details)

Goodwill (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	May. 31, 2015	Feb. 28, 2015
Changes in the carrying amount of goodwill
Goodwill, beginning of period	$ 6,208.2	$ 6,146.8
Purchase accounting allocations		100.7
Foreign currency translation adjustments	(7.9)	(39.3)
Goodwill, end of period	6,200.3	6,208.2
Operating Segments [Member] | Beer [Member]
Changes in the carrying amount of goodwill
Goodwill, beginning of period	3,776.2	3,714.6
Purchase accounting allocations		66.7
Foreign currency translation adjustments	(1.2)	(5.1)
Goodwill, end of period	3,775	3,776.2
Operating Segments [Member] | Wine and Spirits [Member]
Changes in the carrying amount of goodwill
Goodwill, beginning of period	2,432	2,432.2
Purchase accounting allocations		34
Foreign currency translation adjustments	(6.7)	(34.2)
Goodwill, end of period	$ 2,425.3	$ 2,432

Goodwill (Details Textual)

Goodwill (Details Textual) - Operating Segments [Member] - Wine and Spirits [Member] - USD ($) $ in Millions	1 Months Ended
	Jun. 30, 2015	May. 31, 2015	Feb. 28, 2015
Goodwill [Line Items]
Accumulated impairment losses		$ 232.2	$ 231
Subsequent Event [Member]
Goodwill [Line Items]
Estimated purchase price	$ 315

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended
	May. 31, 2015	May. 31, 2014	Feb. 28, 2015
Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Amortizable intangible assets, Gross Carrying Amount	$ 190.2		$ 190.2
Amortizable intangible assets, Net Carrying Amount	91.1		102.7
Nonamortizable intangible assets, Net Carrying Amount	3,075.6		3,078.3
Total intangible assets, Net Carrying Amount	3,166.7		3,181
Amortization expense for intangible assets	11.7	$ 10.5
Trademarks [Member]
Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Nonamortizable intangible assets, Net Carrying Amount	3,071.2		3,073.9
Other [Member]
Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Nonamortizable intangible assets, Net Carrying Amount	4.4		4.4
Customer relationships [Member]
Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Amortizable intangible assets, Gross Carrying Amount	100.9		100.9
Amortizable intangible assets, Net Carrying Amount	62		63.3
Favorable interim supply agreement [Member]
Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Amortizable intangible assets, Gross Carrying Amount	68.3		68.3
Amortizable intangible assets, Net Carrying Amount	25		33.9
Other [Member]
Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Amortizable intangible assets, Gross Carrying Amount	21		21
Amortizable intangible assets, Net Carrying Amount	$ 4.1		$ 5.5

Intangible Assets (Details 1)

Intangible Assets (Details 1) $ in Millions	May. 31, 2015USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,016	$ 28.2
2,017	10.3
2,018	5.4
2,019	5.4
2,020	5.4
2,021	5.4
Thereafter	$ 31

Borrowings (Details)

Borrowings (Details) - USD ($) $ in Millions	May. 31, 2015	Feb. 28, 2015
Short-term Debt
Notes payable to banks, Current	$ 100.9	$ 52.4
Notes payable to banks, Long-term	0
Notes payable to banks, Total	100.9	52.4
Long-term Debt
Other, Current	18.2
Other, Long-term	81.8
Other, Total	100	154.9
Long-term debt, Current	178.5	158.1
Long-term debt, Long-term	7,038.2	7,137.5
Long-term debt, Total	7,216.7	7,295.6
Senior Credit Facility - Term Loans [Member]
Long-term Debt
Senior Credit Facility - Term Loans, Current	160.3
Senior Credit Facility - Term Loans, Long-term	2,607.5
Senior Credit Facility - Term Loans, Total	2,767.8	2,792.1
Senior Credit Facility - Term Loans [Member] | U.S. Term A Facility [Member]
Long-term Debt
Senior Credit Facility - Term Loans, Total	$ 470.5
Interest rate	1.70%
LIBOR margin	1.50%
Senior Credit Facility - Term Loans [Member] | U.S. Term A-1 Facility [Member]
Long-term Debt
Senior Credit Facility - Term Loans, Total	$ 242.6
Interest rate	1.90%
LIBOR margin	1.75%
Senior Credit Facility - Term Loans [Member] | U.S. Term A-2 Facility [Member]
Long-term Debt
Senior Credit Facility - Term Loans, Total	$ 615.9
Interest rate	1.70%
LIBOR margin	1.50%
Senior Credit Facility - Term Loans [Member] | European Term A Facility [Member]
Long-term Debt
Senior Credit Facility - Term Loans, Total	$ 456.2
Interest rate	1.70%
LIBOR margin	1.50%
Senior Credit Facility - Term Loans [Member] | European Term B-1 Facility [Member]
Long-term Debt
Senior Credit Facility - Term Loans, Total	$ 982.6
Interest rate	1.90%
LIBOR margin	1.75%
Senior Notes [Member]
Long-term Debt
Senior Notes, Current	$ 0
Senior Notes, Long-term	4,348.9
Senior Notes, Total	4,348.9	4,348.6
Senior Credit Facility - Revolving Credit Loans [Member]
Short-term Debt
Notes payable to banks, Current	0
Notes payable to banks, Long-term	0
Notes payable to banks, Total	$ 0	0
Long-term Debt
Interest rate	0.00%
LIBOR margin	1.50%
Remaining borrowing capacity	$ 834.7
Letters of Credit [Member]
Long-term Debt
Outstanding letters of credit	15.3
Other [Member]
Short-term Debt
Notes payable to banks, Current	100.9
Notes payable to banks, Long-term	0
Notes payable to banks, Total	100.9	$ 52.4
Other [Member] | CBI accounts receivable securitization facility [Member]
Short-term Debt
Notes payable to banks, Current	$ 0
Long-term Debt
Interest rate	0.00%
Remaining borrowing capacity	$ 270
Other [Member] | Crown accounts receivable securitization facility [Member]
Short-term Debt
Notes payable to banks, Current	$ 0
Long-term Debt
Interest rate	0.00%
Remaining borrowing capacity	$ 160

Borrowings (Details Textual)

Borrowings (Details Textual) - Apr. 30, 2012 - USD ($)	Total
Debt Instrument [Line Items]
Derivative fixed average interest rate	2.80%
LIBOR [Member]
Debt Instrument [Line Items]
Floating LIBOR rate debt	$ 500,000,000

Borrowings (Details Textual 1)

Borrowings (Details Textual 1) - Sep. 29, 2014 - Other [Member] - USD ($)	Total
CBI accounts receivable securitization facility [Member]
Short-term Debt [Line Items]
Accounts receivable securitization facility, Term	364 days
Accounts receivable securitization facility, Maximum borrowings one	$ 190,000,000
Accounts receivable securitization facility, Maximum borrowings two	$ 290,000,000
Crown accounts receivable securitization facility [Member]
Short-term Debt [Line Items]
Accounts receivable securitization facility, Term	364 days
Accounts receivable securitization facility, Maximum borrowings one	$ 100,000,000
Accounts receivable securitization facility, Maximum borrowings two	$ 160,000,000

Income Taxes (Details Textual)

Income Taxes (Details Textual)	3 Months Ended
	May. 31, 2015	May. 31, 2014
Income Tax Disclosure [Abstract]
Effective tax rate	31.50%	32.50%

Net Income Per Common Share A45

Net Income Per Common Share Attributable to CBI (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	May. 31, 2015	May. 31, 2014
Basic and diluted net income per common share attributable to CBI
Net income attributable to CBI	$ 238.6	$ 206.7
Class A Common Stock [Member]
Weighted average common shares outstanding - basic:
Weighted average common shares outstanding - basic	171,370	168,158
Weighted average common shares outstanding - diluted
Weighted average common shares outstanding - basic	171,370	168,158
Stock-based awards, primarily stock options	8,109	8,785
Weighted average common shares outstanding - diluted	202,855	200,358
Net income per common share attributable to CBI - basic:
Net income per common share attributable to CBI - basic	$ 1.24	$ 1.09
Net income per common share attributable to CBI - diluted:
Net income per common share attributable to CBI - diluted	$ 1.18	$ 1.03
Class B Convertible Common Stock [Member]
Weighted average common shares outstanding - basic:
Weighted average common shares outstanding - basic	23,376	23,415
Weighted average common shares outstanding - diluted
Weighted average common shares outstanding - basic	23,376	23,415
Weighted average common shares outstanding - diluted	23,376	23,415
Net income per common share attributable to CBI - basic:
Net income per common share attributable to CBI - basic	$ 1.12	$ 0.99
Net income per common share attributable to CBI - diluted:
Net income per common share attributable to CBI - diluted	$ 1.09	$ 0.95

Comprehensive Income Attribut46

Comprehensive Income Attributable to CBI (Details) - USD ($) $ in Millions	3 Months Ended
	May. 31, 2015	May. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net income attributable to CBI	$ 238.6	$ 206.7
Pension/postretirement adjustments
Comprehensive income attributable to CBI	184.7	254.1
Accumulated Other Comprehensive Income (Loss) [Member]
Foreign currency translation adjustments
Net gains (losses), Before Tax Amount	(50.7)	37.5
Net gains (losses), Tax (Expense) Benefit	(0.6)	(0.7)
Net gains (losses), Net of Tax Amount	(51.3)	36.8
Reclassification adjustments, Before Tax Amount	0	0
Reclassification adjustments, Tax (Expense) Benefit	0	0
Reclassification adjustments, Net of Tax Amount	0	0
Net gain (loss) recognized in other comprehensive income (loss), Before Tax Amount	(50.7)	37.5
Net gain (loss) recognized in other comprehensive income (loss), Tax (Expense) Benefit	(0.6)	(0.7)
Net gain (loss) recognized in other comprehensive income (loss), Net of Tax Amount	(51.3)	36.8
Unrealized gain (loss) on cash flow hedges
Net derivative gains (losses), Before Tax Amount	(10.5)	13.6
Net derivative gains (losses), Tax (Expense) Benefit	2.9	(3.8)
Net derivative gains (losses), Net of Tax Amount	(7.6)	9.8
Reclassification adjustments, Before Tax Amount	7.6	1.4
Reclassification adjustments, Tax (Expense) Benefit	(2.5)	(0.8)
Reclassification adjustments, Net of Tax Amount	5.1	0.6
Net gain (loss) recognized in other comprehensive income (loss), Before Tax Amount	(2.9)	15
Net gain (loss) recognized in other comprehensive income (loss), Tax (Expense) Benefit	0.4	(4.6)
Net gain (loss) recognized in other comprehensive income (loss), Net of Tax Amount	(2.5)	10.4
Unrealized gain (loss) on AFS debt securities
Net AFS debt securities gains (losses), Before Tax Amount	(0.1)	0.3
Net AFS debt securities gains (losses), Tax (Expense) Benefit	0	(0.1)
Net AFS debt securities gains (losses), Net of Tax Amount	(0.1)	0.2
Reclassification adjustments, Before Tax Amount	0	0
Reclassification adjustments, Tax (Expense) Benefit	0	0
Reclassification adjustments, Net of Tax Amount	0	0
Net gain (loss) recognized in other comprehensive income (loss), Before Tax Amount	(0.1)	0.3
Net gain (loss) recognized in other comprehensive income (loss), Tax (Expense) Benefit	0	(0.1)
Net gain (loss) recognized in other comprehensive income (loss), Net of Tax Amount	(0.1)	0.2
Pension/postretirement adjustments
Net actuarial gains (losses), Before Tax Amount	(0.1)
Net actuarial gains (losses), Tax (Expense) Benefit	0
Net actuarial gains (losses), Net of Tax Amount	(0.1)
Reclassification adjustments, Before Tax Amount	0.1
Reclassification adjustments, Tax (Expense) Benefit	0
Reclassification adjustments, Net of Tax Amount	0.1
Net gain (loss) recognized in other comprehensive income (loss), Before Tax Amount	0
Net gain (loss) recognized in other comprehensive income (loss), Tax (Expense) Benefit	0
Net gain (loss) recognized in other comprehensive income (loss), Net of Tax Amount	0
Other comprehensive income (loss) attributable to CBI, before Tax	(53.7)	52.8
Other comprehensive income (loss) attributable to CBI, Tax	(0.2)	(5.4)
Other comprehensive income (loss) attributable to CBI, Net of Tax	$ (53.9)	$ 47.4

Comprehensive Income Attribut47

Comprehensive Income Attributable to CBI (Details 1) - USD ($) $ in Millions	3 Months Ended
	May. 31, 2015	May. 31, 2014
Pension/postretirement adjustments
Balance, February 28, 2015, Accumulated Other Comprehensive Income (Loss)	$ (130.9)
Balance, May 31, 2015, Accumulated Other Comprehensive Income (Loss)	(184.8)
Accumulated Other Comprehensive Income (Loss) [Member]
Foreign currency translation adjustments
Balance, February 28, 2015, Foreign Currency Translation Adjustments	(86.1)
Other comprehensive income (loss) before reclassification adjustments, Foreign Currency Translation Adjustments	(51.3)	$ 36.8
Amounts reclassified from accumulated other comprehensive income (loss), Foreign Currency Translation Adjustments	0	0
Net gain (loss) recognized in other comprehensive income (loss), Net of Tax Amount	(51.3)	36.8
Balance, May 31, 2015, Foreign Currency Translation Adjustments	(137.4)
Net unrealized gains (losses) on derivative instruments
Balance, February 28, 2015, Net Unrealized Gains (Losses) on Derivative Instruments	(29.1)
Other comprehensive income (loss) before reclassification adjustments, Net Unrealized Gains (Losses) on Derivative Instruments	(7.6)	9.8
Amounts reclassified from accumulated other comprehensive income (loss), Net Unrealized Gains (Losses) on Derivative Instruments	5.1	0.6
Net gain (loss) recognized in other comprehensive income (loss), Net of Tax Amount	(2.5)	10.4
Balance, May 31, 2015, Net Unrealized Gains (Losses) on Derivative Instruments	(31.6)
Net unrealized gains (losses) on AFS debt securities
Balance, February 28, 2015, Net Unrealized Gains (Losses) on AFS Debt Securities	(2.5)
Other comprehensive income (loss) before reclassification adjustments, Net Unrealized Gains (Losses) on AFS Debt Securities	(0.1)	0.2
Amounts reclassified from accumulated other comprehensive income (loss), Net Unrealized Gains (Losses) on AFS Debt Securities	0	0
Net gain (loss) recognized in other comprehensive income (loss), Net of Tax Amount	(0.1)	0.2
Balance, May 31, 2015, Net Unrealized Gains (Losses) on AFS Debt Securities	(2.6)
Pension/postretirement adjustments
Balance, February 28, 2015, Pension/Postretirement Adjustments	(13.2)
Other comprehensive income (loss) before reclassification adjustments, Pension/Postretirement Adjustments	(0.1)
Amounts reclassified from accumulated other comprehensive income (loss), Pension/Postretirement Adjustments	0.1
Net gain (loss) recognized in other comprehensive income (loss), Net of Tax Amount	0
Balance, May 31, 2015, Pension/Postretirement Adjustments	(13.2)
Balance, February 28, 2015, Accumulated Other Comprehensive Income (Loss)	(130.9)
Other comprehensive income (loss) before reclassification adjustments, Accumulated Other Comprehensive Income (Loss)	(59.1)
Amounts reclassified from accumulated other comprehensive income (loss), Accumulated Other Comprehensive Income (Loss)	5.2
Other comprehensive income (loss) attributable to CBI, Net of Tax	(53.9)	$ 47.4
Balance, May 31, 2015, Accumulated Other Comprehensive Income (Loss)	$ (184.8)

Condensed Consolidating Finan48

Condensed Consolidating Financial Information (Details) - USD ($) $ in Millions	May. 31, 2015	Feb. 28, 2015	May. 31, 2014	Feb. 28, 2014
Condensed Financial Statements, Captions [Line Items]
Percentage of parent ownership of subsidiary guarantors	100.00%
Current assets:
Cash and cash equivalents	$ 130.7	$ 110.1	$ 378	$ 63.9
Accounts receivable	696.2	598.9
Inventories	1,783.7	1,827.2
Intercompany receivable	0	0
Prepaid expenses and other	368.7	374.6
Total current assets	2,979.3	2,910.8
Property, plant and equipment	2,742.1	2,681.6	2,157.1
Investments in subsidiaries	0	0
Goodwill	6,200.3	6,208.2		6,146.8
Intangible assets	3,166.7	3,181
Intercompany notes receivable	0	0
Other assets	158.9	162.9
Total assets	15,247.3	15,144.5	14,842.4
Current liabilities:
Notes payable to banks	100.9	52.4
Current maturities of long-term debt	178.5	158.1
Accounts payable	289.1	285.8
Accrued excise taxes	30.8	28.7
Intercompany payable	0	0
Other accrued expenses and liabilities	521	605.7
Total current liabilities	1,120.3	1,130.7
Long-term debt, less current maturities	7,038.2	7,137.5
Deferred income taxes	860	818.9
Intercompany notes payable	0	0
Other liabilities	176.9	176.1
Total liabilities	9,195.4	9,263.2
Total CBI stockholders’ equity	5,942.5	5,770.7
Noncontrolling interests	109.4	110.6
Total stockholders’ equity	6,051.9	5,881.3
Total liabilities and stockholders’ equity	15,247.3	15,144.5
Parent Company [Member]
Current assets:
Cash and cash equivalents	33.9	24.5	9.8	0.5
Accounts receivable	1.1	0.8
Inventories	159.2	153.3
Intercompany receivable	14,007.5	13,158.7
Prepaid expenses and other	52.2	46.2
Total current assets	14,253.9	13,383.5
Property, plant and equipment	58.3	59.3
Investments in subsidiaries	12,181.3	11,657.2
Goodwill	0	0
Intangible assets	0	0
Intercompany notes receivable	3,836.9	4,087.3
Other assets	59.3	61.4
Total assets	30,389.7	29,248.7
Current liabilities:
Notes payable to banks	0	0
Current maturities of long-term debt	106.8	92.3
Accounts payable	31.7	41.2
Accrued excise taxes	13.9	12.6
Intercompany payable	18,323	17,206.7
Other accrued expenses and liabilities	334.7	462.5
Total current liabilities	18,810.1	17,815.3
Long-term debt, less current maturities	5,571.2	5,601.4
Deferred income taxes	19.3	17.6
Intercompany notes payable	0	0
Other liabilities	46.6	43.7
Total liabilities	24,447.2	23,478
Total CBI stockholders’ equity	5,942.5	5,770.7
Noncontrolling interests	0	0
Total stockholders’ equity	5,942.5	5,770.7
Total liabilities and stockholders’ equity	30,389.7	29,248.7
Subsidiary Guarantors [Member]
Current assets:
Cash and cash equivalents	1.2	0.7	2.6	0.8
Accounts receivable	20.6	27.3
Inventories	1,368.6	1,419
Intercompany receivable	19,737.1	18,389.9
Prepaid expenses and other	60.1	94
Total current assets	21,187.6	19,930.9
Property, plant and equipment	836.3	854.5
Investments in subsidiaries	15.3	13.8
Goodwill	5,411.2	5,411.3
Intangible assets	700.8	703.3
Intercompany notes receivable	87.4	129.9
Other assets	69.6	68.4
Total assets	28,308.2	27,112.1
Current liabilities:
Notes payable to banks	0	0
Current maturities of long-term debt	16.5	16.9
Accounts payable	109.5	113.2
Accrued excise taxes	10.7	11.3
Intercompany payable	15,274.8	14,201.6
Other accrued expenses and liabilities	169.5	211.2
Total current liabilities	15,581	14,554.2
Long-term debt, less current maturities	27.1	30.9
Deferred income taxes	650.2	633.6
Intercompany notes payable	3,906.9	3,863.4
Other liabilities	34.7	36.7
Total liabilities	20,199.9	19,118.8
Total CBI stockholders’ equity	8,108.3	7,993.3
Noncontrolling interests	0	0
Total stockholders’ equity	8,108.3	7,993.3
Total liabilities and stockholders’ equity	28,308.2	27,112.1
Subsidiary Nonguarantors [Member]
Current assets:
Cash and cash equivalents	95.6	84.9	365.6	62.6
Accounts receivable	674.5	570.8
Inventories	380.4	357.7
Intercompany receivable	7,179.7	6,512
Prepaid expenses and other	393.6	427
Total current assets	8,723.8	7,952.4
Property, plant and equipment	1,847.5	1,767.8
Investments in subsidiaries	0	0
Goodwill	789.1	796.9
Intangible assets	2,461.8	2,474.3
Intercompany notes receivable	0	0
Other assets	30	33.1
Total assets	13,852.2	13,024.5
Current liabilities:
Notes payable to banks	100.9	52.4
Current maturities of long-term debt	55.2	48.9
Accounts payable	147.9	131.4
Accrued excise taxes	6.2	4.8
Intercompany payable	7,326.5	6,652.3
Other accrued expenses and liabilities	193.3	156.9
Total current liabilities	7,830	7,046.7
Long-term debt, less current maturities	1,439.9	1,505.2
Deferred income taxes	190.5	167.7
Intercompany notes payable	17.4	353.8
Other liabilities	95.6	95.7
Total liabilities	9,573.4	9,169.1
Total CBI stockholders’ equity	4,169.4	3,744.8
Noncontrolling interests	109.4	110.6
Total stockholders’ equity	4,278.8	3,855.4
Total liabilities and stockholders’ equity	13,852.2	13,024.5
Eliminations [Member]
Current assets:
Cash and cash equivalents	0	0	$ 0	$ 0
Accounts receivable	0	0
Inventories	(124.5)	(102.8)
Intercompany receivable	(40,924.3)	(38,060.6)
Prepaid expenses and other	(137.2)	(192.6)
Total current assets	(41,186)	(38,356)
Property, plant and equipment	0	0
Investments in subsidiaries	(12,196.6)	(11,671)
Goodwill	0	0
Intangible assets	4.1	3.4
Intercompany notes receivable	(3,924.3)	(4,217.2)
Other assets	0	0
Total assets	(57,302.8)	(54,240.8)
Current liabilities:
Notes payable to banks	0	0
Current maturities of long-term debt	0	0
Accounts payable	0	0
Accrued excise taxes	0	0
Intercompany payable	(40,924.3)	(38,060.6)
Other accrued expenses and liabilities	(176.5)	(224.9)
Total current liabilities	(41,100.8)	(38,285.5)
Long-term debt, less current maturities	0	0
Deferred income taxes	0	0
Intercompany notes payable	(3,924.3)	(4,217.2)
Other liabilities	0	0
Total liabilities	(45,025.1)	(42,502.7)
Total CBI stockholders’ equity	(12,277.7)	(11,738.1)
Noncontrolling interests	0	0
Total stockholders’ equity	(12,277.7)	(11,738.1)
Total liabilities and stockholders’ equity	$ (57,302.8)	$ (54,240.8)

Condensed Consolidating Finan49

Condensed Consolidating Financial Information (Details 1) - USD ($) $ in Millions	3 Months Ended
	May. 31, 2015	May. 31, 2014
Condensed Consolidating Statement of Comprehensive Income
Sales	$ 1,798	$ 1,687.1
Less – excise taxes	(166.7)	(161.1)
Net sales	1,631.3	1,526
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 and subsidiaries	1	0.5
Interest income	0.3	0.5
Intercompany interest income	0	0
Interest expense	(77.8)	(86.9)
Intercompany interest expense	0	0
Income before income taxes	350.8	306.3
(Provision for) benefit from income taxes	(110.6)	(99.6)
Net income	240.2	206.7
Net income attributable to noncontrolling interests	(1.6)	0
Net income attributable to CBI	238.6	206.7
Comprehensive income attributable to CBI	184.7	254.1
Parent Company [Member]
Condensed Consolidating Statement of Comprehensive Income
Sales	558.6	544.5
Less – excise taxes	(76.2)	(76.3)
Net sales	482.4	468.2
Cost of product sold	(390.8)	(378.3)
Gross profit	91.6	89.9
Selling, general and administrative expenses	(102.8)	(92.9)
Operating income	(11.2)	(3)
Equity in earnings of equity method investees and subsidiaries	304.2	505.8
Interest income	0.1	0
Intercompany interest income	45.8	44.1
Interest expense	(69.3)	(71.9)
Intercompany interest expense	(63.6)	(49.2)
Income before income taxes	206	425.8
(Provision for) benefit from income taxes	32.6	(219.1)
Net income	238.6	206.7
Net income attributable to noncontrolling interests	0	0
Net income attributable to CBI	238.6	206.7
Comprehensive income attributable to CBI	184.7	254.1
Subsidiary Guarantors [Member]
Condensed Consolidating Statement of Comprehensive Income
Sales	1,424.9	1,302.3
Less – excise taxes	(75.1)	(67.6)
Net sales	1,349.8	1,234.7
Cost of product sold	(1,003.6)	(923.3)
Gross profit	346.2	311.4
Selling, general and administrative expenses	(177.2)	(148.5)
Operating income	169	162.9
Equity in earnings of equity method investees and subsidiaries	2.2	1.5
Interest income	0	0
Intercompany interest income	63.9	49.3
Interest expense	(0.3)	(0.3)
Intercompany interest expense	(45.9)	(44.1)
Income before income taxes	188.9	169.3
(Provision for) benefit from income taxes	(73.1)	(62.5)
Net income	115.8	106.8
Net income attributable to noncontrolling interests	0	0
Net income attributable to CBI	115.8	106.8
Comprehensive income attributable to CBI	115.1	108.5
Subsidiary Nonguarantors [Member]
Condensed Consolidating Statement of Comprehensive Income
Sales	825.2	814
Less – excise taxes	(15.4)	(17.2)
Net sales	809.8	796.8
Cost of product sold	(486.1)	(508.7)
Gross profit	323.7	288.1
Selling, general and administrative expenses	(33.5)	(40.4)
Operating income	290.2	247.7
Equity in earnings of equity method investees and subsidiaries	0.2	0.2
Interest income	0.2	0.5
Intercompany interest income	0	0.1
Interest expense	(8.2)	(14.7)
Intercompany interest expense	(0.2)	(0.2)
Income before income taxes	282.2	233.6
(Provision for) benefit from income taxes	(76.7)	177.4
Net income	205.5	411
Net income attributable to noncontrolling interests	(1.6)	0
Net income attributable to CBI	203.9	411
Comprehensive income attributable to CBI	149.6	457.8
Eliminations [Member]
Condensed Consolidating Statement of Comprehensive Income
Sales	(1,010.7)	(973.7)
Less – excise taxes	0	0
Net sales	(1,010.7)	(973.7)
Cost of product sold	986.3	954.4
Gross profit	(24.4)	(19.3)
Selling, general and administrative expenses	3.7	3.9
Operating income	(20.7)	(15.4)
Equity in earnings of equity method investees and subsidiaries	(305.6)	(507)
Interest income	0	0
Intercompany interest income	(109.7)	(93.5)
Interest expense	0	0
Intercompany interest expense	109.7	93.5
Income before income taxes	(326.3)	(522.4)
(Provision for) benefit from income taxes	6.6	4.6
Net income	(319.7)	(517.8)
Net income attributable to noncontrolling interests	0	0
Net income attributable to CBI	(319.7)	(517.8)
Comprehensive income attributable to CBI	$ (264.7)	$ (566.3)

Condensed Consolidating Finan50

Condensed Consolidating Financial Information (Details 2) - USD ($) $ in Millions	3 Months Ended
	May. 31, 2015	May. 31, 2014
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities	$ 205.7	$ 232.3
Cash flows from investing activities:
Purchases of property, plant and equipment	(129.7)	(131.4)
Net proceeds from (repayments of) intercompany notes	0	0
Net returns of capital from (investments in) equity affiliates	0	0
Other investing activities	(1.6)	(4.9)
Net cash used in investing activities	(131.3)	(136.3)
Cash flows from financing activities:
Net contributions from (returns of capital to) equity affiliates	0	0
Net proceeds from (repayments of) intercompany notes	0	0
Principal payments of long-term debt	(79.4)	(4.8)
Dividends paid	(59.8)
Payments of minimum tax withholdings on stock-based payment awards	(38.3)	(28.4)
Excess tax benefits from stock-based payment awards	63.6	57.4
Net proceeds from notes payable	50.9	178.1
Proceeds from shares issued under equity compensation plans	9.6	10.8
Net cash provided by (used in) financing activities	(53.4)	213.1
Dividends paid to parent company		0
Effect of exchange rate changes on cash and cash equivalents	(0.4)	5
Net increase in cash and cash equivalents	20.6	314.1
Cash and cash equivalents, beginning of period	110.1	63.9
Cash and cash equivalents, end of period	130.7	378
Parent Company [Member]
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities	(214.6)	(453.9)
Cash flows from investing activities:
Purchases of property, plant and equipment	(2.9)	(5)
Net proceeds from (repayments of) intercompany notes	205.1	329.3
Net returns of capital from (investments in) equity affiliates	(279.9)	35.5
Other investing activities	0	0
Net cash used in investing activities	(77.7)	359.8
Cash flows from financing activities:
Net contributions from (returns of capital to) equity affiliates	0	0
Net proceeds from (repayments of) intercompany notes	304.1	35.9
Principal payments of long-term debt	(15.8)	(0.7)
Dividends paid	(59.8)
Payments of minimum tax withholdings on stock-based payment awards	0	0
Excess tax benefits from stock-based payment awards	63.6	57.4
Net proceeds from notes payable	0	0
Proceeds from shares issued under equity compensation plans	9.6	10.8
Net cash provided by (used in) financing activities	301.7	103.4
Dividends paid to parent company		0
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase in cash and cash equivalents	9.4	9.3
Cash and cash equivalents, beginning of period	24.5	0.5
Cash and cash equivalents, end of period	33.9	9.8
Subsidiaries Guarantors [Member]
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities	213.1	486.3
Cash flows from investing activities:
Purchases of property, plant and equipment	(8.2)	(31.1)
Net proceeds from (repayments of) intercompany notes	0	0
Net returns of capital from (investments in) equity affiliates	0	0
Other investing activities	0	(5.9)
Net cash used in investing activities	(8.2)	(37)
Cash flows from financing activities:
Net contributions from (returns of capital to) equity affiliates	4.4	(5.9)
Net proceeds from (repayments of) intercompany notes	(168.8)	(411.6)
Principal payments of long-term debt	(4.4)	(4)
Dividends paid	0
Payments of minimum tax withholdings on stock-based payment awards	(35.6)	(26)
Excess tax benefits from stock-based payment awards	0	0
Net proceeds from notes payable	0	0
Proceeds from shares issued under equity compensation plans	0	0
Net cash provided by (used in) financing activities	(204.4)	(447.5)
Dividends paid to parent company		0
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase in cash and cash equivalents	0.5	1.8
Cash and cash equivalents, beginning of period	0.7	0.8
Cash and cash equivalents, end of period	1.2	2.6
Subsidiary Nonguarantors [Member]
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities	207.2	199.9
Cash flows from investing activities:
Purchases of property, plant and equipment	(118.6)	(95.3)
Net proceeds from (repayments of) intercompany notes	0	0
Net returns of capital from (investments in) equity affiliates	0	0
Other investing activities	(1.6)	1
Net cash used in investing activities	(120.2)	(94.3)
Cash flows from financing activities:
Net contributions from (returns of capital to) equity affiliates	275.5	(4.7)
Net proceeds from (repayments of) intercompany notes	(340.4)	46.4
Principal payments of long-term debt	(59.2)	(0.1)
Dividends paid	0
Payments of minimum tax withholdings on stock-based payment awards	(2.7)	(2.4)
Excess tax benefits from stock-based payment awards	0	0
Net proceeds from notes payable	50.9	178.1
Proceeds from shares issued under equity compensation plans	0	0
Net cash provided by (used in) financing activities	(75.9)	192.4
Dividends paid to parent company		(24.9)
Effect of exchange rate changes on cash and cash equivalents	(0.4)	5
Net increase in cash and cash equivalents	10.7	303
Cash and cash equivalents, beginning of period	84.9	62.6
Cash and cash equivalents, end of period	95.6	365.6
Eliminations [Member]
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities	0	0
Cash flows from investing activities:
Purchases of property, plant and equipment	0	0
Net proceeds from (repayments of) intercompany notes	(205.1)	(329.3)
Net returns of capital from (investments in) equity affiliates	279.9	(35.5)
Other investing activities	0	0
Net cash used in investing activities	74.8	(364.8)
Cash flows from financing activities:
Net contributions from (returns of capital to) equity affiliates	(279.9)	10.6
Net proceeds from (repayments of) intercompany notes	205.1	329.3
Principal payments of long-term debt	0	0
Dividends paid	0
Payments of minimum tax withholdings on stock-based payment awards	0	0
Excess tax benefits from stock-based payment awards	0	0
Net proceeds from notes payable	0	0
Proceeds from shares issued under equity compensation plans	0	0
Net cash provided by (used in) financing activities	(74.8)	364.8
Dividends paid to parent company		24.9
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase in cash and cash equivalents	0	0
Cash and cash equivalents, beginning of period	0	0
Cash and cash equivalents, end of period	$ 0	$ 0

Business Segment Information (D

Business Segment Information (Details) - USD ($) $ in Millions	3 Months Ended
	May. 31, 2015	May. 31, 2014
Cost of product sold
Amortization of favorable interim supply agreement	$ (11.7)	$ (10.5)
Net gain (loss) on undesignated commodity derivative contracts	(9.3)	(5.5)
Total cost of product sold	(894.2)	(855.9)
Selling, general and administrative expenses
Total selling, general and administrative expenses	(309.8)	(277.9)
Comparable Adjustments [Member]
Cost of product sold
Amortization of favorable interim supply agreement	(8.9)	(7.6)
Total cost of product sold	(8.6)	(7.9)
Selling, general and administrative expenses
Restructuring and related charges	(13)	0
Integration and other acquisition-related costs	(5.3)	(4.5)
Total selling, general and administrative expenses	(18.3)	(4.5)
Comparable Adjustments, Operating loss	(26.9)	(12.4)
Comparable Adjustments [Member] | Commodity derivative contracts [Member]
Cost of product sold
Net gain (loss) on undesignated commodity derivative contracts	(5.2)	0.2
Settlements of undesignated commodity derivative contracts	$ 5.5	$ (0.5)

Business Segment Information 52

Business Segment Information (Details 1) - USD ($) $ in Millions	3 Months Ended
	May. 31, 2015	May. 31, 2014	Feb. 28, 2015
Segment Reporting Information [Line Items]
Net sales	$ 1,631.3	$ 1,526
Segment operating income (loss)	427.3	392.2
Long-lived tangible assets	2,742.1	2,157.1	$ 2,681.6
Total assets	15,247.3	14,842.4	$ 15,144.5
Capital expenditures	129.7	131.4
Depreciation and amortization	54.7	49.5
Equity in earnings of equity method investees	1	0.5
Investments in equity method investees	73.7	73.2
Operating Segments [Member] | Beer [Member]
Segment Reporting Information [Line Items]
Net sales	965.8	867.7
Segment operating income (loss)	336.5	287.5
Long-lived tangible assets	1,570.7	926.8
Total assets	8,416.8	7,800.8
Capital expenditures	111.5	85.3
Depreciation and amortization	14.3	9.8
Operating Segments [Member] | Wine and Spirits [Member]
Segment Reporting Information [Line Items]
Net sales	665.5	658.3
Segment operating income (loss)	144.2	143.2
Long-lived tangible assets	1,053.6	1,105.6
Total assets	6,425.1	6,679.5
Capital expenditures	16.7	31.3
Depreciation and amortization	24.2	25.6
Equity in earnings of equity method investees	1	0.5
Investments in equity method investees	73.7	73.2
Operating Segments [Member] | Wine and Spirits [Member] | Wine [Member]
Segment Reporting Information [Line Items]
Net sales	587.8	586.4
Operating Segments [Member] | Wine and Spirits [Member] | Spirits [Member]
Segment Reporting Information [Line Items]
Net sales	77.7	71.9
Operating Segments [Member] | Corporate Operations and Other [Member]
Segment Reporting Information [Line Items]
Segment operating income (loss)	(26.5)	(26.1)
Long-lived tangible assets	117.8	124.7
Total assets	405.4	362.1
Capital expenditures	1.5	14.8
Depreciation and amortization	7.3	6.5
Comparable Adjustments [Member]
Segment Reporting Information [Line Items]
Segment operating income (loss)	(26.9)	(12.4)
Depreciation and amortization	$ 8.9	$ 7.6

Business Segment Information 53

Business Segment Information (Details Textual) - 3 months ended May. 31, 2015	divisionsegment
Segment Reporting [Abstract]
Number of business divisions | division	2
Number of reportable operating segments	3