Constellation Brands (STZ) 10-Q 7 Jan 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Nov. 30, 2015	Dec. 31, 2015
Entity Registrant Name	CONSTELLATION BRANDS, INC.
Entity Central Index Key	16,918
Document Type	10-Q
Document Period End Date	Nov. 30, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--02-29
Entity Filer Category	Large Accelerated Filer
Class A Common Stock [Member]
Entity Common Stock, Shares Outstanding		175,886,829
Class B Common Stock [Member]
Entity Common Stock, Shares Outstanding		23,352,754
Class 1 Common Stock [Member]
Entity Common Stock, Shares Outstanding		2,000

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Nov. 30, 2015	Feb. 28, 2015
Current assets:
Cash and cash equivalents	$ 491.3	$ 110.1
Accounts receivable	714.7	598.9
Inventories	1,884.6	1,827.2
Prepaid expenses and other	370.3	374.6
Total current assets	3,460.9	2,910.8
Property, plant and equipment	2,949	2,681.6
Goodwill	6,381.8	6,208.2
Intangible assets	3,187.8	3,181
Other assets	177.1	162.9
Total assets	16,156.6	15,144.5
Current liabilities:
Notes payable to banks	31.1	52.4
Current maturities of long-term debt	856.9	158.1
Accounts payable	420.9	285.8
Accrued excise taxes	32.5	28.7
Other accrued expenses and liabilities	579.4	605.7
Total current liabilities	1,920.8	1,130.7
Long-term debt, less current maturities	6,515	7,137.5
Deferred income taxes	986.4	818.9
Other liabilities	137.7	176.1
Total liabilities	$ 9,559.9	$ 9,263.2
Commitments and contingencies
CBI stockholders’ equity:
Additional paid-in capital	$ 2,563.7	$ 2,269.8
Retained earnings	5,908.4	5,277.5
Accumulated other comprehensive loss	(344.9)	(130.9)
Total stockholders’ equity before treasury stock adjustments	8,130.1	7,419.2
Less: Treasury stock –	(1,637.7)	(1,648.5)
Total CBI stockholders’ equity	6,492.4	5,770.7
Noncontrolling interests	104.3	110.6
Total stockholders’ equity	6,596.7	5,881.3
Total liabilities and stockholders’ equity	16,156.6	15,144.5
Class A Common Stock [Member]
CBI stockholders’ equity:
Common stock, value	2.6	2.5
Less: Treasury stock –	(1,635.5)	(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	Nov. 30, 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	255,125,596	250,839,359
Treasury stock, shares at cost	79,253,678	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	28,358,554	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		9 Months Ended
	Nov. 30, 2015	Nov. 30, 2014	Nov. 30, 2015	Nov. 30, 2014
Sales	$ 1,812.4	$ 1,708.6	$ 5,523.3	$ 5,165.7
Less – excise taxes	(171.9)	(166.9)	(518.1)	(493.9)
Net sales	1,640.5	1,541.7	5,005.2	4,671.8
Cost of product sold	(907)	(902.8)	(2,759)	(2,690.8)
Gross profit	733.5	638.9	2,246.2	1,981
Selling, general and administrative expenses	(286.2)	(263.3)	(892.2)	(834.5)
Operating income	447.3	375.6	1,354	1,146.5
Equity in earnings of equity method investees	27.3	21.2	28.5	21.1
Interest expense	(75.6)	(86)	(230.4)	(257.4)
Loss on write-off of financing costs	0	0	(1.1)	(4.4)
Income before income taxes	399	310.8	1,151	905.8
Provision for income taxes	(128)	(88.6)	(335.7)	(281.1)
Net income	271	222.2	815.3	624.7
Net income attributable to noncontrolling interests	(0.5)	0	(3.8)	0
Net income attributable to CBI	270.5	222.2	811.5	624.7
Comprehensive income	297.9	108.8	591.2	530.1
Comprehensive (income) loss attributable to noncontrolling interests	(2.1)	0	6.3	0
Comprehensive income attributable to CBI	295.8	108.8	597.5	530.1
Class A Common Stock [Member]
Net income attributable to CBI	$ 241.1	$ 197.5	$ 722.7	$ 554.9
Net income per common share attributable to CBI:
Net income per common share attributable to CBI, basic	$ 1.39	$ 1.16	$ 4.19	$ 3.28
Net income per common share attributable to CBI, diluted	$ 1.33	$ 1.10	$ 3.99	$ 3.11
Weighted average common shares outstanding:
Weighted average common shares outstanding, basic	173,933	169,585	172,509	168,968
Weighted average common shares outstanding, diluted	204,096	201,276	203,356	200,843
Cash dividends declared per common share:
Cash dividends declared per common share	$ 0.31	$ 0	$ 0.93	$ 0
Class B Convertible Common Stock [Member]
Net income attributable to CBI	$ 29.4	$ 24.7	$ 88.8	$ 69.8
Net income per common share attributable to CBI:
Net income per common share attributable to CBI, basic	$ 1.26	$ 1.06	$ 3.80	$ 2.99
Net income per common share attributable to CBI, diluted	$ 1.22	$ 1.01	$ 3.69	$ 2.86
Weighted average common shares outstanding:
Weighted average common shares outstanding, basic	23,358	23,387	23,366	23,401
Weighted average common shares outstanding, diluted	23,358	23,387	23,366	23,401
Cash dividends declared per common share:
Cash dividends declared per common share	$ 0.28	$ 0	$ 0.84	$ 0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Nov. 30, 2015	Nov. 30, 2014
Cash flows from operating activities:
Net income	$ 815.3	$ 624.7
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred tax provision	192.5	80.3
Depreciation	130.5	118.4
Stock-based compensation	40.5	42.1
Amortization of intangible assets	32.2	36.2
Amortization of deferred financing costs	9	9
Noncash portion of loss on write-off of financing costs	1.1	3.3
Equity in earnings of equity method investees, net of distributed earnings	(18.7)	(12.7)
Change in operating assets and liabilities, net of effects from purchase of business:
Accounts receivable	(121.5)	(80.8)
Inventories	(25)	(205.6)
Prepaid expenses and other current assets	46.8	(68.4)
Accounts payable	136.8	132.6
Accrued excise taxes	4.3	(2.5)
Other accrued expenses and liabilities	(128.1)	65.4
Other	(24.1)	8.1
Total adjustments	276.3	125.4
Net cash provided by operating activities	1,091.6	750.1
Cash flows from investing activities:
Purchases of property, plant and equipment	(513.8)	(541.3)
Purchase of business	(317.9)	(21.4)
Other investing activities	4	3
Net cash used in investing activities	(827.7)	(559.7)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	210	800
Excess tax benefits from stock-based payment awards	204.2	76
Proceeds from shares issued under equity compensation plans	98.9	34.2
Dividends paid	(180.4)	0
Principal payments of long-term debt	(148.3)	(565.3)
Payments of minimum tax withholdings on stock-based payment awards	(38.4)	(28.4)
Net proceeds from (repayments of) notes payable	(15.9)	50.6
Payments of financing costs of long-term debt	(7.9)	(13.3)
Payment of delayed purchase price arrangement	0	(543.3)
Net cash provided by (used in) financing activities	122.2	(189.5)
Effect of exchange rate changes on cash and cash equivalents	(4.9)	2.5
Net increase in cash and cash equivalents	381.2	3.4
Cash and cash equivalents, beginning of period	110.1	63.9
Cash and cash equivalents, end of period	491.3	67.3
Purchase of business
Fair value of assets acquired	321.2	34.8
Liabilities assumed	(5)	0
Net assets acquired	316.2	34.8
Plus - payment of purchase price adjustments	1.7	0
Less - contingent consideration not yet paid	0	(13.4)
Cash paid for purchase of business	$ 317.9	$ 21.4

Basis of Presentation

Basis of Presentation	9 Months Ended
	Nov. 30, 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	9 Months Ended
	Nov. 30, 2015
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES: Inventories are stated at the lower of cost (primarily 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: November 30, February 28, (in millions ) Raw materials and supplies $ 91.1 $ 106.0 In-process inventories 1,289.1 1,244.0 Finished case goods 504.4 477.2 $ 1,884.6 $ 1,827.2

Derivative Instruments

Derivative Instruments	9 Months Ended
	Nov. 30, 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 of our consolidated financial statements included in our 2015 Annual Report and have not changed significantly for the nine months and three months ended November 30, 2015 . The aggregate notional value of outstanding derivative instruments is as follows: November 30, February 28, (in millions ) Derivative instruments designated as hedging instruments Foreign currency contracts $ 611.2 $ 454.8 Interest rate swap contracts $ 500.0 $ 500.0 Derivative instruments not designated as hedging instruments Foreign currency contracts $ 962.4 $ 1,548.5 Commodity derivative contracts $ 213.6 $ 190.8 Interest rate swap contracts $ 1,000.0 $ 1,000.0 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 November 30, 2015 , the estimated fair value of derivative instruments in a net liability position due to counterparties was $90.4 million . If we were required to settle the net liability position under these derivative instruments on November 30, 2015 , we would have had sufficient availability under our available liquidity on hand to satisfy this obligation. 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 November 30, February 28, November 30, February 28, (in millions) Derivative instruments designated as hedging instruments Foreign currency contracts: Prepaid expenses and other $ 4.8 $ 5.3 Other accrued expenses and liabilities $ 28.9 $ 23.1 Other assets $ 0.8 $ 2.0 Other liabilities $ 12.9 $ 9.5 Interest rate swap contracts: Other assets $ — $ 0.2 Other accrued expenses and liabilities $ 1.6 $ 2.7 Derivative instruments not designated as hedging instruments Foreign currency contracts: Prepaid expenses and other $ 2.4 $ 27.3 Other accrued expenses and liabilities $ 3.2 $ 26.4 Commodity derivative contracts: Prepaid expenses and other $ 0.6 $ 0.5 Other accrued expenses and liabilities $ 26.9 $ 18.0 Other assets $ 0.2 $ 0.2 Other liabilities $ 14.8 $ 9.4 Interest rate swap contracts: Prepaid expenses and other $ 2.2 $ 3.3 Other accrued expenses and liabilities $ 12.0 $ 15.6 Other liabilities $ — $ 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 Nine Months Ended November 30, 2015 Foreign currency contracts $ (25.5 ) Sales $ 1.6 Cost of product sold (14.1 ) Interest rate swap contracts (1.0 ) Interest expense (6.2 ) $ (26.5 ) $ (18.7 ) For the Nine Months Ended November 30, 2014 Foreign currency contracts $ (9.2 ) Sales $ 5.3 Cost of product sold 0.7 Interest rate swap contracts (1.2 ) Interest expense (6.2 ) $ (10.4 ) $ (0.2 ) For the Three Months Ended November 30, 2015 Foreign currency contracts $ 9.4 Sales $ 0.7 Cost of product sold (6.3 ) Interest rate swap contracts — Interest expense (2.0 ) $ 9.4 $ (7.6 ) For the Three Months Ended November 30, 2014 Foreign currency contracts $ (14.2 ) Sales $ 1.1 Cost of product sold 0.2 Interest rate swap contracts (1.0 ) Interest expense (2.0 ) $ (15.2 ) $ (0.7 ) Derivative Instruments in Designated Cash Flow Hedging Relationships Location of Net Gain (Loss) Recognized in Income (Ineffective portion) Net Gain (Loss) Recognized in Income (Ineffective portion) (in millions) For the Nine Months Ended November 30, 2015 Foreign currency contracts Selling, general and administrative expenses $ (0.2 ) For the Nine Months Ended November 30, 2014 Foreign currency contracts Selling, general and administrative expenses $ 0.1 For the Three Months Ended November 30, 2015 Foreign currency contracts Selling, general and administrative expenses $ (0.1 ) For the Three Months Ended November 30, 2014 Foreign currency contracts Selling, general and administrative expenses $ (0.1 ) We expect $22.3 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 Nine Months Ended November 30, 2015 Commodity derivative contracts Cost of product sold $ (34.5 ) Foreign currency contracts Selling, general and administrative expenses (18.9 ) $ (53.4 ) For the Nine Months Ended November 30, 2014 Commodity derivative contracts Cost of product sold $ (24.2 ) Foreign currency contracts Selling, general and administrative expenses (4.1 ) Interest rate swap contracts Interest expense (0.1 ) $ (28.4 ) For the Three Months Ended November 30, 2015 Commodity derivative contracts Cost of product sold $ (18.1 ) Foreign currency contracts Selling, general and administrative expenses (3.8 ) $ (21.9 ) For the Three Months Ended November 30, 2014 Commodity derivative contracts Cost of product sold $ (21.5 ) Foreign currency contracts Selling, general and administrative expenses 3.0 Interest rate swap contracts Interest expense (0.1 ) $ (18.6 )

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Nov. 30, 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 of our consolidated financial statements included in our 2015 Annual Report and have not changed significantly for the nine months and three months ended November 30, 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 November 30, 2015 , and February 28, 2015 , due to the relatively short maturity of these instruments. As of November 30, 2015 , the carrying amount of long-term debt, including the current portion, was $7,371.9 million , compared with an estimated fair value of $7,162.4 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) November 30, 2015 Assets: Foreign currency contracts $ — $ 8.0 $ — $ 8.0 Commodity derivative contracts $ — $ 0.8 $ — $ 0.8 Interest rate swap contracts $ — $ 2.2 $ — $ 2.2 Available-for-sale (“AFS”) debt securities $ — $ — $ 7.4 $ 7.4 Liabilities: Foreign currency contracts $ — $ 45.0 $ — $ 45.0 Commodity derivative contracts $ — $ 41.7 $ — $ 41.7 Interest rate swap contracts $ — $ 13.6 $ — $ 13.6 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 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 and our commodity derivative contracts consist of swap contracts. These contracts 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, market commodity prices, interest-rate yield curves and currency volatilities, as applicable. 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	9 Months Ended
	Nov. 30, 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 Purchase accounting allocations (2) — 203.3 203.3 Foreign currency translation adjustments (4.4 ) (25.3 ) (29.7 ) Balance, November 30, 2015 $ 3,771.8 $ 2,610.0 $ 6,381.8 (1) Purchase accounting allocations associated with acquisitions of a glass production plant (Beer) and a super-premium tequila brand (Wine and Spirits). (2) Preliminary purchase accounting allocations associated with the acquisition of Meiomi (as defined below). As of November 30, 2015 , and February 28, 2015 , we have accumulated impairment losses of $216.4 million and $231.0 million , respectively, within our Wine and Spirits segment. Meiomi – In August 2015, we acquired the Meiomi wine business, consisting primarily of the Meiomi trademark, related inventories and certain grape supply contracts (“Meiomi”). The results of operations of Meiomi are reported in the Wine and Spirits segment and are included in our consolidated results of operations from the date of acquisition. Ballast Point – In December 2015, we acquired all of the issued and outstanding common and preferred stock of Home Brew Mart, Inc. d/b/a/ Ballast Point Brewing & Spirits (“Ballast Point”) for approximately $1.0 billion . The transaction primarily included the acquisition of goodwill and other intangible assets, inventories and property, plant and equipment. The results of operations of Ballast Point will be reported in the Beer segment and will be included in our consolidated results of operations from the date of acquisition.

Intangible Assets

Intangible Assets	9 Months Ended
	Nov. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	INTANGIBLE ASSETS: The major components of intangible assets are as follows: November 30, 2015 February 28, 2015 Gross Carrying Amount Net Carrying Amount Gross Carrying Amount Net Carrying Amount ( in millions) Amortizable intangible assets Customer relationships $ 100.5 $ 59.5 $ 100.9 $ 63.3 Favorable interim supply agreement 68.3 8.6 68.3 33.9 Other 22.3 4.2 21.0 5.5 Total $ 191.1 72.3 $ 190.2 102.7 Nonamortizable intangible assets Trademarks 3,111.4 3,073.9 Other 4.1 4.4 Total 3,115.5 3,078.3 Total intangible assets $ 3,187.8 $ 3,181.0 We did not incur costs to renew or extend the term of acquired intangible assets for the nine months and three months ended November 30, 2015 , and November 30, 2014 . Net carrying amount represents the gross carrying value net of accumulated amortization. Amortization expense for intangible assets was $32.2 million and $36.2 million for the nine months ended November 30, 2015 , and November 30, 2014 , respectively, and $9.5 million and $11.5 million for the three months ended November 30, 2015 , and November 30, 2014 , respectively. Estimated amortization expense for the remaining three months of fiscal 2016 and for each of the five succeeding fiscal years and thereafter is as follows: (in millions) 2016 $ 8.0 2017 $ 10.7 2018 $ 5.8 2019 $ 5.8 2020 $ 5.6 2021 $ 5.4 Thereafter $ 31.0

Borrowings

Borrowings	9 Months Ended
	Nov. 30, 2015
Debt Disclosure [Abstract]
BORROWINGS	BORROWINGS: Borrowings consist of the following: November 30, 2015 February 28, 2015 Current Long-term Total Total ( in millions) Notes payable to banks Senior Credit Facility – Revolving Credit Loans $ — $ — $ — $ — Other 31.1 — 31.1 52.4 $ 31.1 $ — $ 31.1 $ 52.4 Long-term debt Senior Credit Facility – Term Loans $ 137.5 $ 2,771.7 $ 2,909.2 $ 2,792.1 Senior Notes 699.3 3,650.0 4,349.3 4,348.6 Other 20.1 93.3 113.4 154.9 $ 856.9 $ 6,515.0 $ 7,371.9 $ 7,295.6 Senior credit facility – On July 16, 2015, 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 lenders (all such parties other than either of the Borrowers and the Administrative Agent are collectively referred to as the “Lenders”) entered into Amendment No. 2 (the “Amendment”) to our then-existing senior credit facility (as amended, the “2015 Credit Agreement”). The Amendment was entered into primarily for (i) the creation of a new $1.27 billion U.S. Term A loan facility into which the existing U.S. Term A and Term A-2 loan facilities have been combined and increased by $200.0 million , (ii) the refinance of the existing U.S. Term A-1 loan facility and extension of its maturity to July 16, 2021, (iii) the creation of a new $1.43 billion European Term A loan facility into which the existing European Term A and Term B-1 loan facilities have been combined, (iv) the extension of the maturity date of all tranches, other than the new U.S. Term A-1 loan facility, to July 16, 2020, and (v) the increase of the revolving credit facility by $300.0 million to $1.15 billion . The 2015 Credit Agreement was used to refinance the outstanding obligations under our then-existing senior credit facility, with the incremental $200.0 million of borrowings under the new U.S. Term A loan facility used to finance a portion of the purchase price for the acquisition of Meiomi. The Amendment also modified certain of our financial and other covenants, and provides for the automatic revision of certain covenants (including financial covenants) and the suspension of the Incremental Cap (as defined below) and the collateral requirements under the 2015 Credit Agreement if we receive an Investment Grade Rating (as defined in the 2015 Credit Agreement) on our corporate ratings from each of S&P and Moody’s, and no default or event of default has occurred or is continuing (a “Covenant Suspension Period”). A Covenant Suspension Period will continue until such time as any of our corporate ratings cease to be an Investment Grade Rating. The 2015 Credit Agreement provides for aggregate credit facilities of $4,093.6 million , consisting of the following: Amount Maturity (in millions) Revolving Credit Facility (1)(2) $ 1,150.0 July 16, 2020 U.S. Term A Facility (1)(3) 1,271.6 July 16, 2020 U.S. Term A-1 Facility (1)(3) 241.9 July 16, 2021 European Term A Facility (1)(3) 1,430.1 July 16, 2020 $ 4,093.6 (1) Contractual interest rate varies based on our debt ratio (as defined in the 2015 Credit Agreement) and is a function of LIBOR plus a margin, or the base rate plus a margin. (2) Provides for credit facilities consisting of a $575.0 million U.S. Revolving Credit Facility and a $575.0 million European Revolving Credit Facility. Includes two sub-facilities for letters of credit of up to $200.0 million in the aggregate. We are the borrower under the U.S. Revolving Credit Facility and we and/or CIH are the borrowers under the European Revolving Credit Facility. (3) We are the borrower under the U.S. Term A and the U.S. Term A-1 loan facilities. CIH is the borrower under the European Term A loan facility. The 2015 Credit Agreement also permits us to elect to increase the revolving credit commitments under the U.S. Revolving Credit Facility or add one or more tranches of additional term loans, subject to the willingness of existing or new lenders to fund such increase or term loans and other customary conditions. The minimum aggregate principal amount of such incremental revolving credit commitment increases or additional term loans may be no less than $25.0 million . The maximum aggregate principal amount of all such incremental revolving credit commitment increases and additional term loans, other than term loans the proceeds of which are applied to repay existing term loans, may be no more than $750.0 million (the “Incremental Cap”), except during a Covenant Suspension Period, during which time the Incremental Cap would be an unlimited amount. As of November 30, 2015 , information with respect to borrowings under the 2015 Credit Agreement is as follows: Revolving Credit Facility U.S. Term A Facility U.S. Term A-1 Facility European Term A Facility (in millions, except percentage data) Outstanding borrowings $ — $ 1,255.7 $ 241.3 $ 1,412.2 Interest rate — % 1.7 % 1.9 % 1.7 % Libor margin 1.5 % 1.5 % 1.75 % 1.5 % Outstanding letters of credit $ 15.9 Remaining borrowing capacity $ 1,134.1 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. As of November 30, 2015 , the required principal repayments of the term loans under the 2015 Credit Agreement for the remaining three months of fiscal 2016 and for each of the five succeeding fiscal years and thereafter are as follows: U.S. Term A Facility U.S. Term A-1 Facility European Term A Facility Total (in millions) 2016 $ 15.9 $ 0.6 $ 17.9 $ 34.4 2017 63.6 2.4 71.5 137.5 2018 63.6 2.4 71.5 137.5 2019 63.6 2.4 71.5 137.5 2020 63.5 2.5 71.5 137.5 2021 985.5 2.4 1,108.3 2,096.2 Thereafter — 228.6 — 228.6 $ 1,255.7 $ 241.3 $ 1,412.2 $ 2,909.2 Accounts receivable securitization facilities – On September 28, 2015, we amended our then-existing trade accounts receivable securitization facility (as amended, the “CBI Facility”) for an additional 364 -day term. 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 $235.0 million up to $330.0 million structured to account for the seasonality of our business, subject to further limitations based upon various pre-agreed formulas. The remaining provisions of the CBI Facility are substantially identical in all material respects to the prior CBI facility. Also, on September 28, 2015, Crown Imports amended its then-existing trade accounts receivable securitization facility (as amended, the “Crown Facility”) for an additional 364 -day term. 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 $190.0 million structured to account for the seasonality of Crown Imports’ business. The remaining provisions of the Crown Facility are substantially identical in all material respects to the prior Crown facility. As of November 30, 2015 , our accounts receivable securitization facilities are as follows: Outstanding Borrowings Weighted Average Interest Rate Remaining Borrowing Capacity (in millions) CBI Facility $ — — % $ 305.0 Crown Facility $ — — % $ 135.0 Senior notes – On December 4, 2015, we issued $400.0 million aggregate principal amount of 4.75% Senior Notes due December 2025 (the “December 2015 Senior Notes”). Interest on the December 2015 Senior Notes is payable semiannually on June 1 and December 1 of each year, beginning June 1, 2016. The December 2015 Senior Notes are redeemable, in whole or in part, at our option at any time at a redemption price equal to 100% of the outstanding principal amount plus a make whole payment based on the present value of the future payments at the adjusted Treasury Rate plus 50 basis points. The December 2015 Senior Notes are senior unsecured obligations which rank equally in right of payment with all of our existing and future senior unsecured indebtedness. Certain of our U.S. subsidiaries guarantee the December 2015 Senior Notes on a senior unsecured basis.

Income Taxes

Income Taxes	9 Months Ended
	Nov. 30, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES: Our effective tax rate for the nine months ended November 30, 2015 , and November 30, 2014 , was 29.2% and 31.0% , respectively. Our effective tax rate for the three months ended November 30, 2015 , and November 30, 2014 , was 32.1% and 28.5% , respectively. For the nine months ended November 30, 2015 , our effective tax rate was lower than the federal statutory rate of 35% primarily due to a decrease in uncertain tax positions and lower effective tax rates applicable to our foreign businesses. For the three months ended November 30, 2015 , our effective tax rate was lower than the federal statutory rate of 35% primarily due to lower effective tax rates applicable to our foreign businesses. Our effective tax rates for the nine months and three months ended November 30, 2014 , were lower than the federal statutory rate of 35% primarily due to lower effective tax rates applicable to our foreign businesses and the recognition of additional tax credits. The Internal Revenue Service (“IRS”) concluded its examination of our fiscal years ended February 28, 2010, and February 28, 2011. We received a Revenue Agent’s Report (“RAR”) from the IRS proposing tax assessments for those years. We disagree with certain assessments in this report and have submitted a written protest stating our formal disagreement with the conclusions presented in the RAR. We believe that our position will be successfully sustained. For other items that were effectively settled, we reduced our liability for uncertain tax positions and recorded a tax benefit of $31.9 million for the second quarter of fiscal 2016.

Net Income Per Common Share Att

Net Income Per Common Share Attributable to CBI	9 Months Ended
	Nov. 30, 2015
Earnings Per Share [Abstract]
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO CBI	NET INCOME PER COMMON SHARE ATTRIBUTABLE TO CBI: For the nine months and three months ended November 30, 2015 , and November 30, 2014 , net income per common share – diluted for Class A Common Stock has been computed using the if-converted method and assumes the exercise of stock options using the treasury stock method and the conversion of Class B Convertible Common Stock as this method is more dilutive than the two-class method. For the nine months and three months ended November 30, 2015 , and November 30, 2014 , net income per common share – diluted for Class B Convertible Common Stock has been computed using the two-class method and does not assume conversion of Class B Convertible Common Stock into shares of Class A Common Stock. The computation of basic and diluted net income per common share is as follows: For the Nine Months Ended November 30, 2015 November 30, 2014 Common Stock Common Stock Class A Class B Class A Class B (in millions, except per share data) Net income attributable to CBI allocated – basic $ 722.7 $ 88.8 $ 554.9 $ 69.8 Conversion of Class B common shares into Class A common shares 88.8 — 69.8 — Effect of stock-based awards on allocated net income — (2.6 ) — (2.9 ) Net income attributable to CBI allocated – diluted $ 811.5 $ 86.2 $ 624.7 $ 66.9 Weighted average common shares outstanding – basic 172.509 23.366 168.968 23.401 Conversion of Class B common shares into Class A common shares 23.366 — 23.401 — Stock-based awards, primarily stock options 7.481 — 8.474 — Weighted average common shares outstanding – diluted 203.356 23.366 200.843 23.401 Net income per common share attributable to CBI – basic $ 4.19 $ 3.80 $ 3.28 $ 2.99 Net income per common share attributable to CBI – diluted $ 3.99 $ 3.69 $ 3.11 $ 2.86 For the Three Months Ended November 30, 2015 November 30, 2014 Common Stock Common Stock Class A Class B Class A Class B (in millions, except per share data) Net income attributable to CBI allocated – basic $ 241.1 $ 29.4 $ 197.5 $ 24.7 Conversion of Class B common shares into Class A common shares 29.4 — 24.7 — Effect of stock-based awards on allocated net income — (0.8 ) — (1.0 ) Net income attributable to CBI allocated – diluted $ 270.5 $ 28.6 $ 222.2 $ 23.7 Weighted average common shares outstanding – basic 173.933 23.358 169.585 23.387 Conversion of Class B common shares into Class A common shares 23.358 — 23.387 — Stock-based awards, primarily stock options 6.805 — 8.304 — Weighted average common shares outstanding – diluted 204.096 23.358 201.276 23.387 Net income per common share attributable to CBI – basic $ 1.39 $ 1.26 $ 1.16 $ 1.06 Net income per common share attributable to CBI – diluted $ 1.33 $ 1.22 $ 1.10 $ 1.01

Comprehensive Income Attributab

Comprehensive Income Attributable to CBI	9 Months Ended
	Nov. 30, 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 Nine Months Ended November 30, 2015 Net income attributable to CBI $ 811.5 Other comprehensive loss: Foreign currency translation adjustments: Net losses $ (209.7 ) $ 2.7 (207.0 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (209.7 ) 2.7 (207.0 ) Unrealized loss on cash flow hedges: Net derivative losses (36.2 ) 9.7 (26.5 ) Reclassification adjustments 27.1 (8.2 ) 18.9 Net loss recognized in other comprehensive loss (9.1 ) 1.5 (7.6 ) Unrealized loss on AFS debt securities: Net AFS debt securities losses (0.4 ) — (0.4 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (0.4 ) — (0.4 ) Pension/postretirement adjustments: Net actuarial gains 1.2 (0.3 ) 0.9 Reclassification adjustments 0.3 (0.2 ) 0.1 Net gain recognized in other comprehensive loss 1.5 (0.5 ) 1.0 Other comprehensive loss attributable to CBI $ (217.7 ) $ 3.7 (214.0 ) Comprehensive income attributable to CBI $ 597.5 Before Tax Amount Tax (Expense) Benefit Net of Tax Amount (in millions) For the Nine Months Ended November 30, 2014 Net income attributable to CBI $ 624.7 Other comprehensive loss: Foreign currency translation adjustments: Net losses $ (82.1 ) $ (2.0 ) (84.1 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (82.1 ) (2.0 ) (84.1 ) Unrealized loss on cash flow hedges: Net derivative losses (14.7 ) 4.3 (10.4 ) Reclassification adjustments 1.4 (1.3 ) 0.1 Net loss recognized in other comprehensive loss (13.3 ) 3.0 (10.3 ) Unrealized loss on AFS debt securities: Net AFS debt securities losses (0.5 ) — (0.5 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (0.5 ) — (0.5 ) Pension/postretirement adjustments: Net actuarial gains 0.5 (0.2 ) 0.3 Reclassification adjustments — — — Net gain recognized in other comprehensive loss 0.5 (0.2 ) 0.3 Other comprehensive loss attributable to CBI $ (95.4 ) $ 0.8 (94.6 ) Comprehensive income attributable to CBI $ 530.1 For the Three Months Ended November 30, 2015 Net income attributable to CBI $ 270.5 Other comprehensive income: Foreign currency translation adjustments: Net gains $ 8.1 $ (0.1 ) 8.0 Reclassification adjustments — — — Net gain recognized in other comprehensive income 8.1 (0.1 ) 8.0 Unrealized gain on cash flow hedges: Net derivative gains 12.7 (3.3 ) 9.4 Reclassification adjustments 10.8 (3.1 ) 7.7 Net gain recognized in other comprehensive income 23.5 (6.4 ) 17.1 Pension/postretirement adjustments: Net actuarial gains 0.3 — 0.3 Reclassification adjustments 0.1 (0.2 ) (0.1 ) Net gain recognized in other comprehensive income 0.4 (0.2 ) 0.2 Other comprehensive income attributable to CBI $ 32.0 $ (6.7 ) 25.3 Comprehensive income attributable to CBI $ 295.8 Before Tax Amount Tax (Expense) Benefit Net of Tax Amount (in millions) For the Three Months Ended November 30, 2014 Net income attributable to CBI $ 222.2 Other comprehensive loss: Foreign currency translation adjustments: Net losses $ (97.9 ) $ (0.8 ) (98.7 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (97.9 ) (0.8 ) (98.7 ) Unrealized loss on cash flow hedges: Net derivative losses (21.1 ) 5.9 (15.2 ) Reclassification adjustments 1.5 (0.7 ) 0.8 Net loss recognized in other comprehensive loss (19.6 ) 5.2 (14.4 ) Unrealized loss on AFS debt securities: Net AFS debt securities losses (0.7 ) 0.1 (0.6 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (0.7 ) 0.1 (0.6 ) Pension/postretirement adjustments: Net actuarial gains 0.5 (0.2 ) 0.3 Reclassification adjustments — — — Net gain recognized in other comprehensive loss 0.5 (0.2 ) 0.3 Other comprehensive loss attributable to CBI $ (117.7 ) $ 4.3 (113.4 ) Comprehensive income attributable to CBI $ 108.8 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 income (loss): Other comprehensive income (loss) before reclassification adjustments (207.0 ) (26.5 ) (0.4 ) 0.9 (233.0 ) Amounts reclassified from accumulated other comprehensive loss — 18.9 — 0.1 19.0 Other comprehensive income (loss) (207.0 ) (7.6 ) (0.4 ) 1.0 (214.0 ) Balance, November 30, 2015 $ (293.1 ) $ (36.7 ) $ (2.9 ) $ (12.2 ) $ (344.9 )

Condensed Consolidating Financi

Condensed Consolidating Financial Information	9 Months Ended
	Nov. 30, 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 November 30, 2015 , and February 28, 2015 , the condensed consolidating statements of comprehensive income for the nine months and three months ended November 30, 2015 , and November 30, 2014 , and the condensed consolidating statements of cash flows for the nine months ended November 30, 2015 , and November 30, 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 of 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 November 30, 2015 Current assets: Cash and cash equivalents $ 260.5 $ 0.9 $ 229.9 $ — $ 491.3 Accounts receivable — 5.0 709.7 — 714.7 Inventories 160.9 1,464.9 348.5 (89.7 ) 1,884.6 Intercompany receivable 16,322.2 22,233.7 8,488.0 (47,043.9 ) — Prepaid expenses and other 43.6 46.9 325.3 (45.5 ) 370.3 Total current assets 16,787.2 23,751.4 10,101.4 (47,179.1 ) 3,460.9 Property, plant and equipment 56.6 829.3 2,063.1 — 2,949.0 Investments in subsidiaries 12,626.2 17.9 — (12,644.1 ) — Goodwill — 5,614.5 767.3 — 6,381.8 Intangible assets — 747.7 2,438.2 1.9 3,187.8 Intercompany notes receivable 3,922.5 86.6 — (4,009.1 ) — Other assets 57.7 88.0 31.4 — 177.1 Total assets $ 33,450.2 $ 31,135.4 $ 15,401.4 $ (63,830.4 ) $ 16,156.6 Current liabilities: Notes payable to banks $ — $ — $ 31.1 $ — $ 31.1 Current maturities of long-term debt 765.3 18.5 73.1 — 856.9 Accounts payable 32.3 239.0 149.6 — 420.9 Accrued excise taxes 17.8 9.7 5.0 — 32.5 Intercompany payable 20,752.2 17,548.5 8,743.2 (47,043.9 ) — Other accrued expenses and liabilities 257.2 197.8 195.9 (71.5 ) 579.4 Total current liabilities 21,824.8 18,013.5 9,197.9 (47,115.4 ) 1,920.8 Long-term debt, less current maturities 5,081.0 29.1 1,404.9 — 6,515.0 Deferred income taxes 28.4 692.3 265.7 — 986.4 Intercompany notes payable — 3,993.2 15.9 (4,009.1 ) — Other liabilities 23.6 34.9 79.2 — 137.7 Total liabilities 26,957.8 22,763.0 10,963.6 (51,124.5 ) 9,559.9 Total CBI stockholders’ equity 6,492.4 8,372.4 4,333.5 (12,705.9 ) 6,492.4 Noncontrolling interests — — 104.3 — 104.3 Total stockholders’ equity 6,492.4 8,372.4 4,437.8 (12,705.9 ) 6,596.7 Total liabilities and stockholders’ equity $ 33,450.2 $ 31,135.4 $ 15,401.4 $ (63,830.4 ) $ 16,156.6 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 Nine Months Ended November 30, 2015 Sales $ 1,891.7 $ 4,289.2 $ 2,294.4 $ (2,952.0 ) $ 5,523.3 Less – excise taxes (251.3 ) (219.4 ) (47.4 ) — (518.1 ) Net sales 1,640.4 4,069.8 2,247.0 (2,952.0 ) 5,005.2 Cost of product sold (1,325.4 ) (3,023.4 ) (1,377.4 ) 2,967.2 (2,759.0 ) Gross profit 315.0 1,046.4 869.6 15.2 2,246.2 Selling, general and administrative expenses (281.5 ) (508.9 ) (96.8 ) (5.0 ) (892.2 ) Operating income 33.5 537.5 772.8 10.2 1,354.0 Equity in earnings of equity method investees and subsidiaries 924.9 31.8 0.8 (929.0 ) 28.5 Interest income 0.1 — 0.4 — 0.5 Intercompany interest income 138.0 196.6 0.1 (334.7 ) — Interest expense (212.3 ) (0.9 ) (17.7 ) — (230.9 ) Intercompany interest expense (196.2 ) (137.9 ) (0.6 ) 334.7 — Loss on write-off of financing costs (0.4 ) — (0.7 ) — (1.1 ) Income before income taxes 687.6 627.1 755.1 (918.8 ) 1,151.0 (Provision for) benefit from income taxes 123.9 (247.1 ) (208.2 ) (4.3 ) (335.7 ) Net income 811.5 380.0 546.9 (923.1 ) 815.3 Net income attributable to noncontrolling interests — — (3.8 ) — (3.8 ) Net income attributable to CBI $ 811.5 $ 380.0 $ 543.1 $ (923.1 ) $ 811.5 Comprehensive income attributable to CBI $ 597.5 $ 379.1 $ 325.6 $ (704.7 ) $ 597.5 Condensed Consolidating Statement of Comprehensive Income for the Nine Months Ended November 30, 2014 Sales $ 1,802.0 $ 3,927.3 $ 2,300.8 $ (2,864.4 ) $ 5,165.7 Less – excise taxes (241.9 ) (204.3 ) (47.7 ) — (493.9 ) Net sales 1,560.1 3,723.0 2,253.1 (2,864.4 ) 4,671.8 Cost of product sold (1,259.0 ) (2,849.7 ) (1,423.8 ) 2,841.7 (2,690.8 ) Gross profit 301.1 873.3 829.3 (22.7 ) 1,981.0 Selling, general and administrative expenses (291.2 ) (410.4 ) (145.1 ) 12.2 (834.5 ) Operating income 9.9 462.9 684.2 (10.5 ) 1,146.5 Equity in earnings of equity method investees and subsidiaries 761.3 23.5 1.0 (764.7 ) 21.1 Interest income — — 1.0 — 1.0 Intercompany interest income 133.2 162.5 0.2 (295.9 ) — Interest expense (224.4 ) (1.0 ) (33.0 ) — (258.4 ) Intercompany interest expense (162.1 ) (133.0 ) (0.8 ) 295.9 — Loss on write-off of financing costs — — (4.4 ) — (4.4 ) Income before income taxes 517.9 514.9 648.2 (775.2 ) 905.8 (Provision for) benefit from income taxes 106.8 (192.0 ) (198.9 ) 3.0 (281.1 ) Net income 624.7 322.9 449.3 (772.2 ) 624.7 Net income attributable to noncontrolling interests — — — — — Net income attributable to CBI $ 624.7 $ 322.9 $ 449.3 $ (772.2 ) $ 624.7 Comprehensive income attributable to CBI $ 530.1 $ 324.7 $ 350.9 $ (675.6 ) $ 530.1 Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended November 30, 2015 Sales $ 708.1 $ 1,366.8 $ 676.4 $ (938.9 ) $ 1,812.4 Less – excise taxes (91.6 ) (64.6 ) (15.7 ) — (171.9 ) Net sales 616.5 1,302.2 660.7 (938.9 ) 1,640.5 Cost of product sold (496.9 ) (943.8 ) (425.3 ) 959.0 (907.0 ) Gross profit 119.6 358.4 235.4 20.1 733.5 Selling, general and administrative expenses (81.9 ) (157.6 ) (34.6 ) (12.1 ) (286.2 ) Operating income 37.7 200.8 200.8 8.0 447.3 Equity in earnings of equity method investees and subsidiaries 298.6 28.1 0.4 (299.8 ) 27.3 Interest income — — 0.1 — 0.1 Intercompany interest income 46.0 66.3 0.1 (112.4 ) — Interest expense (71.5 ) (0.3 ) (3.9 ) — (75.7 ) Intercompany interest expense (66.2 ) (46.0 ) (0.2 ) 112.4 — Income before income taxes 244.6 248.9 197.3 (291.8 ) 399.0 (Provision for) benefit from income taxes 25.9 (99.2 ) (51.4 ) (3.3 ) (128.0 ) Net income 270.5 149.7 145.9 (295.1 ) 271.0 Net income attributable to noncontrolling interests — — (0.5 ) — (0.5 ) Net income attributable to CBI $ 270.5 $ 149.7 $ 145.4 $ (295.1 ) $ 270.5 Comprehensive income attributable to CBI $ 295.8 $ 149.0 $ 169.8 $ (318.8 ) $ 295.8 Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended November 30, 2014 Sales $ 662.8 $ 1,267.8 $ 695.4 $ (917.4 ) $ 1,708.6 Less – excise taxes (88.7 ) (65.2 ) (13.0 ) — (166.9 ) Net sales 574.1 1,202.6 682.4 (917.4 ) 1,541.7 Cost of product sold (462.1 ) (943.3 ) (410.9 ) 913.5 (902.8 ) Gross profit 112.0 259.3 271.5 (3.9 ) 638.9 Selling, general and administrative expenses (97.1 ) (109.4 ) (61.6 ) 4.8 (263.3 ) Operating income 14.9 149.9 209.9 0.9 375.6 Equity in earnings of equity method investees and subsidiaries 252.3 21.7 0.4 (253.2 ) 21.2 Interest income — — 0.4 — 0.4 Intercompany interest income 44.7 58.7 — (103.4 ) — Interest expense (78.4 ) (0.3 ) (7.7 ) — (86.4 ) Intercompany interest expense (58.6 ) (44.6 ) (0.2 ) 103.4 — Income before income taxes 174.9 185.4 202.8 (252.3 ) 310.8 (Provision for) benefit from income taxes 47.3 (68.9 ) (66.5 ) (0.5 ) (88.6 ) Net income 222.2 116.5 136.3 (252.8 ) 222.2 Net income attributable to noncontrolling interests — — — — — Net income attributable to CBI $ 222.2 $ 116.5 $ 136.3 $ (252.8 ) $ 222.2 Comprehensive income attributable to CBI $ 108.8 $ 117.2 $ 21.5 $ (138.7 ) $ 108.8 Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Statement of Cash Flows for the Nine Months Ended November 30, 2015 Net cash provided by (used in) operating activities $ (456.3 ) $ 775.1 $ 772.8 $ — $ 1,091.6 Cash flows from investing activities: Purchases of property, plant and equipment (8.8 ) (31.8 ) (473.2 ) — (513.8 ) Purchase of business — (316.2 ) (1.7 ) — (317.9 ) Net proceeds from intercompany notes 376.4 — — (376.4 ) — Net investments in equity affiliates (236.4 ) — — 236.4 — Other investing activities 2.0 (0.7 ) 2.7 — 4.0 Net cash provided by (used in) investing activities 133.2 (348.7 ) (472.2 ) (140.0 ) (827.7 ) Cash flows from financing activities: Net contributions from (returns of capital to) equity affiliates — (31.4 ) 267.8 (236.4 ) — Net proceeds from (repayments of) intercompany notes 292.2 (345.3 ) (323.3 ) 376.4 — Proceeds from issuance of long-term debt 200.0 — 10.0 — 210.0 Excess tax benefits from stock-based payment awards 204.2 — — — 204.2 Proceeds from shares issued under equity compensation plans 98.9 — — — 98.9 Dividends paid (180.4 ) — — — (180.4 ) Principal payments of long-term debt (47.9 ) (13.8 ) (86.6 ) — (148.3 ) Payments of minimum tax withholdings on stock-based payment awards — (35.7 ) (2.7 ) — (38.4 ) Net repayments of notes payable — — (15.9 ) — (15.9 ) Payments of financing costs of long-term debt (7.9 ) — — — (7.9 ) Net cash provided by (used in) financing activities 559.1 (426.2 ) (150.7 ) 140.0 122.2 Effect of exchange rate changes on cash and cash equivalents — — (4.9 ) — (4.9 ) Net increase in cash and cash equivalents 236.0 0.2 145.0 — 381.2 Cash and cash equivalents, beginning of period 24.5 0.7 84.9 — 110.1 Cash and cash equivalents, end of period $ 260.5 $ 0.9 $ 229.9 $ — $ 491.3 Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Statement of Cash Flows for the Nine Months Ended November 30, 2014 Net cash provided by (used in) operating activities $ (395.1 ) $ 468.9 $ 676.3 $ — $ 750.1 Cash flows from investing activities: Purchases of property, plant and equipment (17.4 ) (70.3 ) (453.6 ) — (541.3 ) Purchase of business — — (21.4 ) — (21.4 ) Net proceeds from intercompany notes 70.9 — — (70.9 ) — Net investments in equity affiliates (28.8 ) — — 28.8 — Other investing activities — (5.6 ) 8.6 — 3.0 Net cash provided by (used in) investing activities 24.7 (75.9 ) (466.4 ) (42.1 ) (559.7 ) Cash flows from financing activities: Dividends paid to parent company — — (24.9 ) 24.9 — Net contributions from (returns of capital to) equity affiliates — (24.5 ) 78.2 (53.7 ) — Net proceeds from (repayments of) intercompany notes 26.3 (327.9 ) 230.7 70.9 — Proceeds from issuance of long-term debt 800.0 — — — 800.0 Excess tax benefits from stock-based payment awards 76.0 — — — 76.0 Proceeds from shares issued under equity compensation plans 34.2 — — — 34.2 Principal payments of long-term debt (533.0 ) (14.5 ) (17.8 ) — (565.3 ) Payments of minimum tax withholdings on stock-based payment awards — (26.1 ) (2.3 ) — (28.4 ) Net proceeds from notes payable — — 50.6 — 50.6 Payments of financing costs of long-term debt (11.2 ) — (2.1 ) — (13.3 ) Payment of delayed purchase price arrangement — — (543.3 ) — (543.3 ) Net cash provided by (used in) financing activities 392.3 (393.0 ) (230.9 ) 42.1 (189.5 ) Effect of exchange rate changes on cash and cash equivalents — — 2.5 — 2.5 Net increase (decrease) in cash and cash equivalents 21.9 — (18.5 ) — 3.4 Cash and cash equivalents, beginning of period 0.5 0.8 62.6 — 63.9 Cash and cash equivalents, end of period $ 22.4 $ 0.8 $ 44.1 $ — $ 67.3

Business Segment Information

Business Segment Information	9 Months Ended
	Nov. 30, 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 Nine Months For the Three Months 2015 2014 2015 2014 (in millions) Net sales Product recall $ — $ (3.3 ) $ — $ 0.2 Cost of product sold Net loss on undesignated commodity derivative contracts (34.5 ) (24.2 ) (18.1 ) (21.5 ) Amortization of favorable interim supply agreement (25.3 ) (27.5 ) (7.4 ) (8.6 ) Flow through of inventory step-up (9.8 ) — (8.6 ) — Settlements of undesignated commodity derivative contracts 20.4 0.6 8.2 1.2 Product recall — (8.0 ) — (2.6 ) Other losses — (2.8 ) — (0.2 ) Total cost of product sold (49.2 ) (61.9 ) (25.9 ) (31.7 ) Selling, general and administrative expenses Restructuring and related charges (15.0 ) — (0.7 ) — Transaction, integration and other acquisition-related costs (12.7 ) (21.1 ) (1.9 ) (8.0 ) Product recall — (0.5 ) — (0.2 ) Total selling, general and administrative expenses (27.7 ) (21.6 ) (2.6 ) (8.2 ) Comparable Adjustments, Operating loss $ (76.9 ) $ (86.8 ) $ (28.5 ) $ (39.7 ) The accounting policies of the segments are the same as those described for the Company in Note 1 of our consolidated financial statements included in our 2015 Annual Report. Segment information is as follows: For the Nine Months For the Three Months 2015 2014 2015 2014 (in millions) Beer Net sales $ 2,816.6 $ 2,527.6 $ 831.3 $ 768.1 Segment operating income $ 984.0 $ 800.6 $ 291.6 $ 242.1 Long-lived tangible assets $ 1,806.7 $ 1,193.4 $ 1,806.7 $ 1,193.4 Total assets $ 8,604.9 $ 7,860.9 $ 8,604.9 $ 7,860.9 Capital expenditures $ 457.3 $ 434.9 $ 196.6 $ 206.1 Depreciation and amortization $ 41.4 $ 31.3 $ 13.5 $ 11.4 Wine and Spirits Net sales: Wine $ 1,931.5 $ 1,912.2 $ 719.4 $ 685.1 Spirits 257.1 235.3 89.8 88.3 Net sales $ 2,188.6 $ 2,147.5 $ 809.2 $ 773.4 Segment operating income $ 542.8 $ 512.4 $ 222.7 $ 199.4 Equity in earnings of equity method investees $ 28.5 $ 21.1 $ 27.3 $ 21.2 Long-lived tangible assets $ 1,034.1 $ 1,096.3 $ 1,034.1 $ 1,096.3 Investments in equity method investees $ 91.0 $ 85.3 $ 91.0 $ 85.3 Total assets $ 6,856.6 $ 6,780.5 $ 6,856.6 $ 6,780.5 Capital expenditures $ 52.4 $ 74.1 $ 20.5 $ 22.6 Depreciation and amortization $ 75.3 $ 75.2 $ 23.7 $ 24.3 Corporate Operations and Other Segment operating loss $ (95.9 ) $ (79.7 ) $ (38.5 ) $ (26.2 ) Long-lived tangible assets $ 108.2 $ 129.4 $ 108.2 $ 129.4 Investments in equity method investees $ 1.0 $ — $ 1.0 $ — Total assets $ 695.1 $ 339.1 $ 695.1 $ 339.1 Capital expenditures $ 4.1 $ 32.3 $ 1.9 $ 4.4 Depreciation and amortization $ 20.7 $ 20.6 $ 6.7 $ 7.3 Comparable Adjustments Net sales $ — $ (3.3 ) $ — $ 0.2 Operating loss $ (76.9 ) $ (86.8 ) $ (28.5 ) $ (39.7 ) Depreciation and amortization $ 25.3 $ 27.5 $ 7.4 $ 8.6 Consolidated Net sales $ 5,005.2 $ 4,671.8 $ 1,640.5 $ 1,541.7 Operating income $ 1,354.0 $ 1,146.5 $ 447.3 $ 375.6 Equity in earnings of equity method investees $ 28.5 $ 21.1 $ 27.3 $ 21.2 Long-lived tangible assets $ 2,949.0 $ 2,419.1 $ 2,949.0 $ 2,419.1 Investments in equity method investees $ 92.0 $ 85.3 $ 92.0 $ 85.3 Total assets $ 16,156.6 $ 14,980.5 $ 16,156.6 $ 14,980.5 Capital expenditures $ 513.8 $ 541.3 $ 219.0 $ 233.1 Depreciation and amortization $ 162.7 $ 154.6 $ 51.3 $ 51.6

Accounting Guidance Not Yet Ado

Accounting Guidance Not Yet Adopted	9 Months Ended
	Nov. 30, 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, 2018, 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. 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)	9 Months Ended
	Nov. 30, 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, 2018, 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. We are currently assessing the financial impact of this guidance on our consolidated financial statements.

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Nov. 30, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories are stated at the lower of cost (primarily 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: November 30, February 28, (in millions ) Raw materials and supplies $ 91.1 $ 106.0 In-process inventories 1,289.1 1,244.0 Finished case goods 504.4 477.2 $ 1,884.6 $ 1,827.2

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Nov. 30, 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: November 30, February 28, (in millions ) Derivative instruments designated as hedging instruments Foreign currency contracts $ 611.2 $ 454.8 Interest rate swap contracts $ 500.0 $ 500.0 Derivative instruments not designated as hedging instruments Foreign currency contracts $ 962.4 $ 1,548.5 Commodity derivative contracts $ 213.6 $ 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 November 30, February 28, November 30, February 28, (in millions) Derivative instruments designated as hedging instruments Foreign currency contracts: Prepaid expenses and other $ 4.8 $ 5.3 Other accrued expenses and liabilities $ 28.9 $ 23.1 Other assets $ 0.8 $ 2.0 Other liabilities $ 12.9 $ 9.5 Interest rate swap contracts: Other assets $ — $ 0.2 Other accrued expenses and liabilities $ 1.6 $ 2.7 Derivative instruments not designated as hedging instruments Foreign currency contracts: Prepaid expenses and other $ 2.4 $ 27.3 Other accrued expenses and liabilities $ 3.2 $ 26.4 Commodity derivative contracts: Prepaid expenses and other $ 0.6 $ 0.5 Other accrued expenses and liabilities $ 26.9 $ 18.0 Other assets $ 0.2 $ 0.2 Other liabilities $ 14.8 $ 9.4 Interest rate swap contracts: Prepaid expenses and other $ 2.2 $ 3.3 Other accrued expenses and liabilities $ 12.0 $ 15.6 Other liabilities $ — $ 4.9
Effect of derivative instruments on our results of operations	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 Nine Months Ended November 30, 2015 Commodity derivative contracts Cost of product sold $ (34.5 ) Foreign currency contracts Selling, general and administrative expenses (18.9 ) $ (53.4 ) For the Nine Months Ended November 30, 2014 Commodity derivative contracts Cost of product sold $ (24.2 ) Foreign currency contracts Selling, general and administrative expenses (4.1 ) Interest rate swap contracts Interest expense (0.1 ) $ (28.4 ) For the Three Months Ended November 30, 2015 Commodity derivative contracts Cost of product sold $ (18.1 ) Foreign currency contracts Selling, general and administrative expenses (3.8 ) $ (21.9 ) For the Three Months Ended November 30, 2014 Commodity derivative contracts Cost of product sold $ (21.5 ) Foreign currency contracts Selling, general and administrative expenses 3.0 Interest rate swap contracts Interest expense (0.1 ) $ (18.6 ) 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 Nine Months Ended November 30, 2015 Foreign currency contracts $ (25.5 ) Sales $ 1.6 Cost of product sold (14.1 ) Interest rate swap contracts (1.0 ) Interest expense (6.2 ) $ (26.5 ) $ (18.7 ) For the Nine Months Ended November 30, 2014 Foreign currency contracts $ (9.2 ) Sales $ 5.3 Cost of product sold 0.7 Interest rate swap contracts (1.2 ) Interest expense (6.2 ) $ (10.4 ) $ (0.2 ) For the Three Months Ended November 30, 2015 Foreign currency contracts $ 9.4 Sales $ 0.7 Cost of product sold (6.3 ) Interest rate swap contracts — Interest expense (2.0 ) $ 9.4 $ (7.6 ) For the Three Months Ended November 30, 2014 Foreign currency contracts $ (14.2 ) Sales $ 1.1 Cost of product sold 0.2 Interest rate swap contracts (1.0 ) Interest expense (2.0 ) $ (15.2 ) $ (0.7 ) Derivative Instruments in Designated Cash Flow Hedging Relationships Location of Net Gain (Loss) Recognized in Income (Ineffective portion) Net Gain (Loss) Recognized in Income (Ineffective portion) (in millions) For the Nine Months Ended November 30, 2015 Foreign currency contracts Selling, general and administrative expenses $ (0.2 ) For the Nine Months Ended November 30, 2014 Foreign currency contracts Selling, general and administrative expenses $ 0.1 For the Three Months Ended November 30, 2015 Foreign currency contracts Selling, general and administrative expenses $ (0.1 ) For the Three Months Ended November 30, 2014 Foreign currency contracts Selling, general and administrative expenses $ (0.1 )

Fair Value of Financial Instr22

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Nov. 30, 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) November 30, 2015 Assets: Foreign currency contracts $ — $ 8.0 $ — $ 8.0 Commodity derivative contracts $ — $ 0.8 $ — $ 0.8 Interest rate swap contracts $ — $ 2.2 $ — $ 2.2 Available-for-sale (“AFS”) debt securities $ — $ — $ 7.4 $ 7.4 Liabilities: Foreign currency contracts $ — $ 45.0 $ — $ 45.0 Commodity derivative contracts $ — $ 41.7 $ — $ 41.7 Interest rate swap contracts $ — $ 13.6 $ — $ 13.6 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 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)	9 Months Ended
	Nov. 30, 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 Purchase accounting allocations (2) — 203.3 203.3 Foreign currency translation adjustments (4.4 ) (25.3 ) (29.7 ) Balance, November 30, 2015 $ 3,771.8 $ 2,610.0 $ 6,381.8 (1) Purchase accounting allocations associated with acquisitions of a glass production plant (Beer) and a super-premium tequila brand (Wine and Spirits). (2) Preliminary purchase accounting allocations associated with the acquisition of Meiomi (as defined below).

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
	Nov. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Major components of intangible assets	The major components of intangible assets are as follows: November 30, 2015 February 28, 2015 Gross Carrying Amount Net Carrying Amount Gross Carrying Amount Net Carrying Amount ( in millions) Amortizable intangible assets Customer relationships $ 100.5 $ 59.5 $ 100.9 $ 63.3 Favorable interim supply agreement 68.3 8.6 68.3 33.9 Other 22.3 4.2 21.0 5.5 Total $ 191.1 72.3 $ 190.2 102.7 Nonamortizable intangible assets Trademarks 3,111.4 3,073.9 Other 4.1 4.4 Total 3,115.5 3,078.3 Total intangible assets $ 3,187.8 $ 3,181.0
Estimated amortization expense	Estimated amortization expense for the remaining three months of fiscal 2016 and for each of the five succeeding fiscal years and thereafter is as follows: (in millions) 2016 $ 8.0 2017 $ 10.7 2018 $ 5.8 2019 $ 5.8 2020 $ 5.6 2021 $ 5.4 Thereafter $ 31.0

Borrowings (Tables)

Borrowings (Tables)	9 Months Ended
	Nov. 30, 2015
Debt Disclosure [Abstract]
Borrowings	As of November 30, 2015 , information with respect to borrowings under the 2015 Credit Agreement is as follows: Revolving Credit Facility U.S. Term A Facility U.S. Term A-1 Facility European Term A Facility (in millions, except percentage data) Outstanding borrowings $ — $ 1,255.7 $ 241.3 $ 1,412.2 Interest rate — % 1.7 % 1.9 % 1.7 % Libor margin 1.5 % 1.5 % 1.75 % 1.5 % Outstanding letters of credit $ 15.9 Remaining borrowing capacity $ 1,134.1 As of November 30, 2015 , our accounts receivable securitization facilities are as follows: Outstanding Borrowings Weighted Average Interest Rate Remaining Borrowing Capacity (in millions) CBI Facility $ — — % $ 305.0 Crown Facility $ — — % $ 135.0 The 2015 Credit Agreement provides for aggregate credit facilities of $4,093.6 million , consisting of the following: Amount Maturity (in millions) Revolving Credit Facility (1)(2) $ 1,150.0 July 16, 2020 U.S. Term A Facility (1)(3) 1,271.6 July 16, 2020 U.S. Term A-1 Facility (1)(3) 241.9 July 16, 2021 European Term A Facility (1)(3) 1,430.1 July 16, 2020 $ 4,093.6 (1) Contractual interest rate varies based on our debt ratio (as defined in the 2015 Credit Agreement) and is a function of LIBOR plus a margin, or the base rate plus a margin. (2) Provides for credit facilities consisting of a $575.0 million U.S. Revolving Credit Facility and a $575.0 million European Revolving Credit Facility. Includes two sub-facilities for letters of credit of up to $200.0 million in the aggregate. We are the borrower under the U.S. Revolving Credit Facility and we and/or CIH are the borrowers under the European Revolving Credit Facility. (3) We are the borrower under the U.S. Term A and the U.S. Term A-1 loan facilities. CIH is the borrower under the European Term A loan facility. Borrowings consist of the following: November 30, 2015 February 28, 2015 Current Long-term Total Total ( in millions) Notes payable to banks Senior Credit Facility – Revolving Credit Loans $ — $ — $ — $ — Other 31.1 — 31.1 52.4 $ 31.1 $ — $ 31.1 $ 52.4 Long-term debt Senior Credit Facility – Term Loans $ 137.5 $ 2,771.7 $ 2,909.2 $ 2,792.1 Senior Notes 699.3 3,650.0 4,349.3 4,348.6 Other 20.1 93.3 113.4 154.9 $ 856.9 $ 6,515.0 $ 7,371.9 $ 7,295.6
Required principal repayments under senior credit facility term loan obligations	As of November 30, 2015 , the required principal repayments of the term loans under the 2015 Credit Agreement for the remaining three months of fiscal 2016 and for each of the five succeeding fiscal years and thereafter are as follows: U.S. Term A Facility U.S. Term A-1 Facility European Term A Facility Total (in millions) 2016 $ 15.9 $ 0.6 $ 17.9 $ 34.4 2017 63.6 2.4 71.5 137.5 2018 63.6 2.4 71.5 137.5 2019 63.6 2.4 71.5 137.5 2020 63.5 2.5 71.5 137.5 2021 985.5 2.4 1,108.3 2,096.2 Thereafter — 228.6 — 228.6 $ 1,255.7 $ 241.3 $ 1,412.2 $ 2,909.2

Net Income Per Common Share A26

Net Income Per Common Share Attributable to CBI (Tables)	9 Months Ended
	Nov. 30, 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 Nine Months Ended November 30, 2015 November 30, 2014 Common Stock Common Stock Class A Class B Class A Class B (in millions, except per share data) Net income attributable to CBI allocated – basic $ 722.7 $ 88.8 $ 554.9 $ 69.8 Conversion of Class B common shares into Class A common shares 88.8 — 69.8 — Effect of stock-based awards on allocated net income — (2.6 ) — (2.9 ) Net income attributable to CBI allocated – diluted $ 811.5 $ 86.2 $ 624.7 $ 66.9 Weighted average common shares outstanding – basic 172.509 23.366 168.968 23.401 Conversion of Class B common shares into Class A common shares 23.366 — 23.401 — Stock-based awards, primarily stock options 7.481 — 8.474 — Weighted average common shares outstanding – diluted 203.356 23.366 200.843 23.401 Net income per common share attributable to CBI – basic $ 4.19 $ 3.80 $ 3.28 $ 2.99 Net income per common share attributable to CBI – diluted $ 3.99 $ 3.69 $ 3.11 $ 2.86 For the Three Months Ended November 30, 2015 November 30, 2014 Common Stock Common Stock Class A Class B Class A Class B (in millions, except per share data) Net income attributable to CBI allocated – basic $ 241.1 $ 29.4 $ 197.5 $ 24.7 Conversion of Class B common shares into Class A common shares 29.4 — 24.7 — Effect of stock-based awards on allocated net income — (0.8 ) — (1.0 ) Net income attributable to CBI allocated – diluted $ 270.5 $ 28.6 $ 222.2 $ 23.7 Weighted average common shares outstanding – basic 173.933 23.358 169.585 23.387 Conversion of Class B common shares into Class A common shares 23.358 — 23.387 — Stock-based awards, primarily stock options 6.805 — 8.304 — Weighted average common shares outstanding – diluted 204.096 23.358 201.276 23.387 Net income per common share attributable to CBI – basic $ 1.39 $ 1.26 $ 1.16 $ 1.06 Net income per common share attributable to CBI – diluted $ 1.33 $ 1.22 $ 1.10 $ 1.01

Comprehensive Income Attribut27

Comprehensive Income Attributable to CBI (Tables)	9 Months Ended
	Nov. 30, 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 Nine Months Ended November 30, 2015 Net income attributable to CBI $ 811.5 Other comprehensive loss: Foreign currency translation adjustments: Net losses $ (209.7 ) $ 2.7 (207.0 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (209.7 ) 2.7 (207.0 ) Unrealized loss on cash flow hedges: Net derivative losses (36.2 ) 9.7 (26.5 ) Reclassification adjustments 27.1 (8.2 ) 18.9 Net loss recognized in other comprehensive loss (9.1 ) 1.5 (7.6 ) Unrealized loss on AFS debt securities: Net AFS debt securities losses (0.4 ) — (0.4 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (0.4 ) — (0.4 ) Pension/postretirement adjustments: Net actuarial gains 1.2 (0.3 ) 0.9 Reclassification adjustments 0.3 (0.2 ) 0.1 Net gain recognized in other comprehensive loss 1.5 (0.5 ) 1.0 Other comprehensive loss attributable to CBI $ (217.7 ) $ 3.7 (214.0 ) Comprehensive income attributable to CBI $ 597.5 Before Tax Amount Tax (Expense) Benefit Net of Tax Amount (in millions) For the Nine Months Ended November 30, 2014 Net income attributable to CBI $ 624.7 Other comprehensive loss: Foreign currency translation adjustments: Net losses $ (82.1 ) $ (2.0 ) (84.1 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (82.1 ) (2.0 ) (84.1 ) Unrealized loss on cash flow hedges: Net derivative losses (14.7 ) 4.3 (10.4 ) Reclassification adjustments 1.4 (1.3 ) 0.1 Net loss recognized in other comprehensive loss (13.3 ) 3.0 (10.3 ) Unrealized loss on AFS debt securities: Net AFS debt securities losses (0.5 ) — (0.5 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (0.5 ) — (0.5 ) Pension/postretirement adjustments: Net actuarial gains 0.5 (0.2 ) 0.3 Reclassification adjustments — — — Net gain recognized in other comprehensive loss 0.5 (0.2 ) 0.3 Other comprehensive loss attributable to CBI $ (95.4 ) $ 0.8 (94.6 ) Comprehensive income attributable to CBI $ 530.1 For the Three Months Ended November 30, 2015 Net income attributable to CBI $ 270.5 Other comprehensive income: Foreign currency translation adjustments: Net gains $ 8.1 $ (0.1 ) 8.0 Reclassification adjustments — — — Net gain recognized in other comprehensive income 8.1 (0.1 ) 8.0 Unrealized gain on cash flow hedges: Net derivative gains 12.7 (3.3 ) 9.4 Reclassification adjustments 10.8 (3.1 ) 7.7 Net gain recognized in other comprehensive income 23.5 (6.4 ) 17.1 Pension/postretirement adjustments: Net actuarial gains 0.3 — 0.3 Reclassification adjustments 0.1 (0.2 ) (0.1 ) Net gain recognized in other comprehensive income 0.4 (0.2 ) 0.2 Other comprehensive income attributable to CBI $ 32.0 $ (6.7 ) 25.3 Comprehensive income attributable to CBI $ 295.8 Before Tax Amount Tax (Expense) Benefit Net of Tax Amount (in millions) For the Three Months Ended November 30, 2014 Net income attributable to CBI $ 222.2 Other comprehensive loss: Foreign currency translation adjustments: Net losses $ (97.9 ) $ (0.8 ) (98.7 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (97.9 ) (0.8 ) (98.7 ) Unrealized loss on cash flow hedges: Net derivative losses (21.1 ) 5.9 (15.2 ) Reclassification adjustments 1.5 (0.7 ) 0.8 Net loss recognized in other comprehensive loss (19.6 ) 5.2 (14.4 ) Unrealized loss on AFS debt securities: Net AFS debt securities losses (0.7 ) 0.1 (0.6 ) Reclassification adjustments — — — Net loss recognized in other comprehensive loss (0.7 ) 0.1 (0.6 ) Pension/postretirement adjustments: Net actuarial gains 0.5 (0.2 ) 0.3 Reclassification adjustments — — — Net gain recognized in other comprehensive loss 0.5 (0.2 ) 0.3 Other comprehensive loss attributable to CBI $ (117.7 ) $ 4.3 (113.4 ) Comprehensive income attributable to CBI $ 108.8
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 income (loss): Other comprehensive income (loss) before reclassification adjustments (207.0 ) (26.5 ) (0.4 ) 0.9 (233.0 ) Amounts reclassified from accumulated other comprehensive loss — 18.9 — 0.1 19.0 Other comprehensive income (loss) (207.0 ) (7.6 ) (0.4 ) 1.0 (214.0 ) Balance, November 30, 2015 $ (293.1 ) $ (36.7 ) $ (2.9 ) $ (12.2 ) $ (344.9 )

Condensed Consolidating Finan28

Condensed Consolidating Financial Information (Tables)	9 Months Ended
	Nov. 30, 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 November 30, 2015 Current assets: Cash and cash equivalents $ 260.5 $ 0.9 $ 229.9 $ — $ 491.3 Accounts receivable — 5.0 709.7 — 714.7 Inventories 160.9 1,464.9 348.5 (89.7 ) 1,884.6 Intercompany receivable 16,322.2 22,233.7 8,488.0 (47,043.9 ) — Prepaid expenses and other 43.6 46.9 325.3 (45.5 ) 370.3 Total current assets 16,787.2 23,751.4 10,101.4 (47,179.1 ) 3,460.9 Property, plant and equipment 56.6 829.3 2,063.1 — 2,949.0 Investments in subsidiaries 12,626.2 17.9 — (12,644.1 ) — Goodwill — 5,614.5 767.3 — 6,381.8 Intangible assets — 747.7 2,438.2 1.9 3,187.8 Intercompany notes receivable 3,922.5 86.6 — (4,009.1 ) — Other assets 57.7 88.0 31.4 — 177.1 Total assets $ 33,450.2 $ 31,135.4 $ 15,401.4 $ (63,830.4 ) $ 16,156.6 Current liabilities: Notes payable to banks $ — $ — $ 31.1 $ — $ 31.1 Current maturities of long-term debt 765.3 18.5 73.1 — 856.9 Accounts payable 32.3 239.0 149.6 — 420.9 Accrued excise taxes 17.8 9.7 5.0 — 32.5 Intercompany payable 20,752.2 17,548.5 8,743.2 (47,043.9 ) — Other accrued expenses and liabilities 257.2 197.8 195.9 (71.5 ) 579.4 Total current liabilities 21,824.8 18,013.5 9,197.9 (47,115.4 ) 1,920.8 Long-term debt, less current maturities 5,081.0 29.1 1,404.9 — 6,515.0 Deferred income taxes 28.4 692.3 265.7 — 986.4 Intercompany notes payable — 3,993.2 15.9 (4,009.1 ) — Other liabilities 23.6 34.9 79.2 — 137.7 Total liabilities 26,957.8 22,763.0 10,963.6 (51,124.5 ) 9,559.9 Total CBI stockholders’ equity 6,492.4 8,372.4 4,333.5 (12,705.9 ) 6,492.4 Noncontrolling interests — — 104.3 — 104.3 Total stockholders’ equity 6,492.4 8,372.4 4,437.8 (12,705.9 ) 6,596.7 Total liabilities and stockholders’ equity $ 33,450.2 $ 31,135.4 $ 15,401.4 $ (63,830.4 ) $ 16,156.6 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 Nine Months Ended November 30, 2015 Sales $ 1,891.7 $ 4,289.2 $ 2,294.4 $ (2,952.0 ) $ 5,523.3 Less – excise taxes (251.3 ) (219.4 ) (47.4 ) — (518.1 ) Net sales 1,640.4 4,069.8 2,247.0 (2,952.0 ) 5,005.2 Cost of product sold (1,325.4 ) (3,023.4 ) (1,377.4 ) 2,967.2 (2,759.0 ) Gross profit 315.0 1,046.4 869.6 15.2 2,246.2 Selling, general and administrative expenses (281.5 ) (508.9 ) (96.8 ) (5.0 ) (892.2 ) Operating income 33.5 537.5 772.8 10.2 1,354.0 Equity in earnings of equity method investees and subsidiaries 924.9 31.8 0.8 (929.0 ) 28.5 Interest income 0.1 — 0.4 — 0.5 Intercompany interest income 138.0 196.6 0.1 (334.7 ) — Interest expense (212.3 ) (0.9 ) (17.7 ) — (230.9 ) Intercompany interest expense (196.2 ) (137.9 ) (0.6 ) 334.7 — Loss on write-off of financing costs (0.4 ) — (0.7 ) — (1.1 ) Income before income taxes 687.6 627.1 755.1 (918.8 ) 1,151.0 (Provision for) benefit from income taxes 123.9 (247.1 ) (208.2 ) (4.3 ) (335.7 ) Net income 811.5 380.0 546.9 (923.1 ) 815.3 Net income attributable to noncontrolling interests — — (3.8 ) — (3.8 ) Net income attributable to CBI $ 811.5 $ 380.0 $ 543.1 $ (923.1 ) $ 811.5 Comprehensive income attributable to CBI $ 597.5 $ 379.1 $ 325.6 $ (704.7 ) $ 597.5 Condensed Consolidating Statement of Comprehensive Income for the Nine Months Ended November 30, 2014 Sales $ 1,802.0 $ 3,927.3 $ 2,300.8 $ (2,864.4 ) $ 5,165.7 Less – excise taxes (241.9 ) (204.3 ) (47.7 ) — (493.9 ) Net sales 1,560.1 3,723.0 2,253.1 (2,864.4 ) 4,671.8 Cost of product sold (1,259.0 ) (2,849.7 ) (1,423.8 ) 2,841.7 (2,690.8 ) Gross profit 301.1 873.3 829.3 (22.7 ) 1,981.0 Selling, general and administrative expenses (291.2 ) (410.4 ) (145.1 ) 12.2 (834.5 ) Operating income 9.9 462.9 684.2 (10.5 ) 1,146.5 Equity in earnings of equity method investees and subsidiaries 761.3 23.5 1.0 (764.7 ) 21.1 Interest income — — 1.0 — 1.0 Intercompany interest income 133.2 162.5 0.2 (295.9 ) — Interest expense (224.4 ) (1.0 ) (33.0 ) — (258.4 ) Intercompany interest expense (162.1 ) (133.0 ) (0.8 ) 295.9 — Loss on write-off of financing costs — — (4.4 ) — (4.4 ) Income before income taxes 517.9 514.9 648.2 (775.2 ) 905.8 (Provision for) benefit from income taxes 106.8 (192.0 ) (198.9 ) 3.0 (281.1 ) Net income 624.7 322.9 449.3 (772.2 ) 624.7 Net income attributable to noncontrolling interests — — — — — Net income attributable to CBI $ 624.7 $ 322.9 $ 449.3 $ (772.2 ) $ 624.7 Comprehensive income attributable to CBI $ 530.1 $ 324.7 $ 350.9 $ (675.6 ) $ 530.1 Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended November 30, 2015 Sales $ 708.1 $ 1,366.8 $ 676.4 $ (938.9 ) $ 1,812.4 Less – excise taxes (91.6 ) (64.6 ) (15.7 ) — (171.9 ) Net sales 616.5 1,302.2 660.7 (938.9 ) 1,640.5 Cost of product sold (496.9 ) (943.8 ) (425.3 ) 959.0 (907.0 ) Gross profit 119.6 358.4 235.4 20.1 733.5 Selling, general and administrative expenses (81.9 ) (157.6 ) (34.6 ) (12.1 ) (286.2 ) Operating income 37.7 200.8 200.8 8.0 447.3 Equity in earnings of equity method investees and subsidiaries 298.6 28.1 0.4 (299.8 ) 27.3 Interest income — — 0.1 — 0.1 Intercompany interest income 46.0 66.3 0.1 (112.4 ) — Interest expense (71.5 ) (0.3 ) (3.9 ) — (75.7 ) Intercompany interest expense (66.2 ) (46.0 ) (0.2 ) 112.4 — Income before income taxes 244.6 248.9 197.3 (291.8 ) 399.0 (Provision for) benefit from income taxes 25.9 (99.2 ) (51.4 ) (3.3 ) (128.0 ) Net income 270.5 149.7 145.9 (295.1 ) 271.0 Net income attributable to noncontrolling interests — — (0.5 ) — (0.5 ) Net income attributable to CBI $ 270.5 $ 149.7 $ 145.4 $ (295.1 ) $ 270.5 Comprehensive income attributable to CBI $ 295.8 $ 149.0 $ 169.8 $ (318.8 ) $ 295.8 Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended November 30, 2014 Sales $ 662.8 $ 1,267.8 $ 695.4 $ (917.4 ) $ 1,708.6 Less – excise taxes (88.7 ) (65.2 ) (13.0 ) — (166.9 ) Net sales 574.1 1,202.6 682.4 (917.4 ) 1,541.7 Cost of product sold (462.1 ) (943.3 ) (410.9 ) 913.5 (902.8 ) Gross profit 112.0 259.3 271.5 (3.9 ) 638.9 Selling, general and administrative expenses (97.1 ) (109.4 ) (61.6 ) 4.8 (263.3 ) Operating income 14.9 149.9 209.9 0.9 375.6 Equity in earnings of equity method investees and subsidiaries 252.3 21.7 0.4 (253.2 ) 21.2 Interest income — — 0.4 — 0.4 Intercompany interest income 44.7 58.7 — (103.4 ) — Interest expense (78.4 ) (0.3 ) (7.7 ) — (86.4 ) Intercompany interest expense (58.6 ) (44.6 ) (0.2 ) 103.4 — Income before income taxes 174.9 185.4 202.8 (252.3 ) 310.8 (Provision for) benefit from income taxes 47.3 (68.9 ) (66.5 ) (0.5 ) (88.6 ) Net income 222.2 116.5 136.3 (252.8 ) 222.2 Net income attributable to noncontrolling interests — — — — — Net income attributable to CBI $ 222.2 $ 116.5 $ 136.3 $ (252.8 ) $ 222.2 Comprehensive income attributable to CBI $ 108.8 $ 117.2 $ 21.5 $ (138.7 ) $ 108.8
Condensed Consolidating Statement of Cash Flows	Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Statement of Cash Flows for the Nine Months Ended November 30, 2015 Net cash provided by (used in) operating activities $ (456.3 ) $ 775.1 $ 772.8 $ — $ 1,091.6 Cash flows from investing activities: Purchases of property, plant and equipment (8.8 ) (31.8 ) (473.2 ) — (513.8 ) Purchase of business — (316.2 ) (1.7 ) — (317.9 ) Net proceeds from intercompany notes 376.4 — — (376.4 ) — Net investments in equity affiliates (236.4 ) — — 236.4 — Other investing activities 2.0 (0.7 ) 2.7 — 4.0 Net cash provided by (used in) investing activities 133.2 (348.7 ) (472.2 ) (140.0 ) (827.7 ) Cash flows from financing activities: Net contributions from (returns of capital to) equity affiliates — (31.4 ) 267.8 (236.4 ) — Net proceeds from (repayments of) intercompany notes 292.2 (345.3 ) (323.3 ) 376.4 — Proceeds from issuance of long-term debt 200.0 — 10.0 — 210.0 Excess tax benefits from stock-based payment awards 204.2 — — — 204.2 Proceeds from shares issued under equity compensation plans 98.9 — — — 98.9 Dividends paid (180.4 ) — — — (180.4 ) Principal payments of long-term debt (47.9 ) (13.8 ) (86.6 ) — (148.3 ) Payments of minimum tax withholdings on stock-based payment awards — (35.7 ) (2.7 ) — (38.4 ) Net repayments of notes payable — — (15.9 ) — (15.9 ) Payments of financing costs of long-term debt (7.9 ) — — — (7.9 ) Net cash provided by (used in) financing activities 559.1 (426.2 ) (150.7 ) 140.0 122.2 Effect of exchange rate changes on cash and cash equivalents — — (4.9 ) — (4.9 ) Net increase in cash and cash equivalents 236.0 0.2 145.0 — 381.2 Cash and cash equivalents, beginning of period 24.5 0.7 84.9 — 110.1 Cash and cash equivalents, end of period $ 260.5 $ 0.9 $ 229.9 $ — $ 491.3 Parent Company Subsidiary Guarantors Subsidiary Nonguarantors Eliminations Consolidated (in millions) Condensed Consolidating Statement of Cash Flows for the Nine Months Ended November 30, 2014 Net cash provided by (used in) operating activities $ (395.1 ) $ 468.9 $ 676.3 $ — $ 750.1 Cash flows from investing activities: Purchases of property, plant and equipment (17.4 ) (70.3 ) (453.6 ) — (541.3 ) Purchase of business — — (21.4 ) — (21.4 ) Net proceeds from intercompany notes 70.9 — — (70.9 ) — Net investments in equity affiliates (28.8 ) — — 28.8 — Other investing activities — (5.6 ) 8.6 — 3.0 Net cash provided by (used in) investing activities 24.7 (75.9 ) (466.4 ) (42.1 ) (559.7 ) Cash flows from financing activities: Dividends paid to parent company — — (24.9 ) 24.9 — Net contributions from (returns of capital to) equity affiliates — (24.5 ) 78.2 (53.7 ) — Net proceeds from (repayments of) intercompany notes 26.3 (327.9 ) 230.7 70.9 — Proceeds from issuance of long-term debt 800.0 — — — 800.0 Excess tax benefits from stock-based payment awards 76.0 — — — 76.0 Proceeds from shares issued under equity compensation plans 34.2 — — — 34.2 Principal payments of long-term debt (533.0 ) (14.5 ) (17.8 ) — (565.3 ) Payments of minimum tax withholdings on stock-based payment awards — (26.1 ) (2.3 ) — (28.4 ) Net proceeds from notes payable — — 50.6 — 50.6 Payments of financing costs of long-term debt (11.2 ) — (2.1 ) — (13.3 ) Payment of delayed purchase price arrangement — — (543.3 ) — (543.3 ) Net cash provided by (used in) financing activities 392.3 (393.0 ) (230.9 ) 42.1 (189.5 ) Effect of exchange rate changes on cash and cash equivalents — — 2.5 — 2.5 Net increase (decrease) in cash and cash equivalents 21.9 — (18.5 ) — 3.4 Cash and cash equivalents, beginning of period 0.5 0.8 62.6 — 63.9 Cash and cash equivalents, end of period $ 22.4 $ 0.8 $ 44.1 $ — $ 67.3

Business Segment Information (T

Business Segment Information (Tables)	9 Months Ended
	Nov. 30, 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 Nine Months For the Three Months 2015 2014 2015 2014 (in millions) Net sales Product recall $ — $ (3.3 ) $ — $ 0.2 Cost of product sold Net loss on undesignated commodity derivative contracts (34.5 ) (24.2 ) (18.1 ) (21.5 ) Amortization of favorable interim supply agreement (25.3 ) (27.5 ) (7.4 ) (8.6 ) Flow through of inventory step-up (9.8 ) — (8.6 ) — Settlements of undesignated commodity derivative contracts 20.4 0.6 8.2 1.2 Product recall — (8.0 ) — (2.6 ) Other losses — (2.8 ) — (0.2 ) Total cost of product sold (49.2 ) (61.9 ) (25.9 ) (31.7 ) Selling, general and administrative expenses Restructuring and related charges (15.0 ) — (0.7 ) — Transaction, integration and other acquisition-related costs (12.7 ) (21.1 ) (1.9 ) (8.0 ) Product recall — (0.5 ) — (0.2 ) Total selling, general and administrative expenses (27.7 ) (21.6 ) (2.6 ) (8.2 ) Comparable Adjustments, Operating loss $ (76.9 ) $ (86.8 ) $ (28.5 ) $ (39.7 )
Segment information	Segment information is as follows: For the Nine Months For the Three Months 2015 2014 2015 2014 (in millions) Beer Net sales $ 2,816.6 $ 2,527.6 $ 831.3 $ 768.1 Segment operating income $ 984.0 $ 800.6 $ 291.6 $ 242.1 Long-lived tangible assets $ 1,806.7 $ 1,193.4 $ 1,806.7 $ 1,193.4 Total assets $ 8,604.9 $ 7,860.9 $ 8,604.9 $ 7,860.9 Capital expenditures $ 457.3 $ 434.9 $ 196.6 $ 206.1 Depreciation and amortization $ 41.4 $ 31.3 $ 13.5 $ 11.4 Wine and Spirits Net sales: Wine $ 1,931.5 $ 1,912.2 $ 719.4 $ 685.1 Spirits 257.1 235.3 89.8 88.3 Net sales $ 2,188.6 $ 2,147.5 $ 809.2 $ 773.4 Segment operating income $ 542.8 $ 512.4 $ 222.7 $ 199.4 Equity in earnings of equity method investees $ 28.5 $ 21.1 $ 27.3 $ 21.2 Long-lived tangible assets $ 1,034.1 $ 1,096.3 $ 1,034.1 $ 1,096.3 Investments in equity method investees $ 91.0 $ 85.3 $ 91.0 $ 85.3 Total assets $ 6,856.6 $ 6,780.5 $ 6,856.6 $ 6,780.5 Capital expenditures $ 52.4 $ 74.1 $ 20.5 $ 22.6 Depreciation and amortization $ 75.3 $ 75.2 $ 23.7 $ 24.3 Corporate Operations and Other Segment operating loss $ (95.9 ) $ (79.7 ) $ (38.5 ) $ (26.2 ) Long-lived tangible assets $ 108.2 $ 129.4 $ 108.2 $ 129.4 Investments in equity method investees $ 1.0 $ — $ 1.0 $ — Total assets $ 695.1 $ 339.1 $ 695.1 $ 339.1 Capital expenditures $ 4.1 $ 32.3 $ 1.9 $ 4.4 Depreciation and amortization $ 20.7 $ 20.6 $ 6.7 $ 7.3 Comparable Adjustments Net sales $ — $ (3.3 ) $ — $ 0.2 Operating loss $ (76.9 ) $ (86.8 ) $ (28.5 ) $ (39.7 ) Depreciation and amortization $ 25.3 $ 27.5 $ 7.4 $ 8.6 Consolidated Net sales $ 5,005.2 $ 4,671.8 $ 1,640.5 $ 1,541.7 Operating income $ 1,354.0 $ 1,146.5 $ 447.3 $ 375.6 Equity in earnings of equity method investees $ 28.5 $ 21.1 $ 27.3 $ 21.2 Long-lived tangible assets $ 2,949.0 $ 2,419.1 $ 2,949.0 $ 2,419.1 Investments in equity method investees $ 92.0 $ 85.3 $ 92.0 $ 85.3 Total assets $ 16,156.6 $ 14,980.5 $ 16,156.6 $ 14,980.5 Capital expenditures $ 513.8 $ 541.3 $ 219.0 $ 233.1 Depreciation and amortization $ 162.7 $ 154.6 $ 51.3 $ 51.6

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Nov. 30, 2015	Feb. 28, 2015
Inventories
Raw materials and supplies	$ 91.1	$ 106
In-process inventories	1,289.1	1,244
Finished case goods	504.4	477.2
Total	$ 1,884.6	$ 1,827.2

Derivative Instruments (Details

Derivative Instruments (Details) - USD ($) $ in Millions	Nov. 30, 2015	Feb. 28, 2015
Designated as hedging instrument [Member] | Foreign currency contracts [Member]
Derivative [Line Items]
Aggregate notional value of derivative instruments	$ 611.2	$ 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	962.4	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	$ 213.6	$ 190.8

Derivative Instruments (Detai32

Derivative Instruments (Details 1) - USD ($) $ in Millions	Nov. 30, 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	$ 4.8	$ 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	28.9	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	0.8	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	12.9	9.5
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	1.6	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
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	2.4	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	3.2	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	2.2	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	12	15.6
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	0	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	26.9	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	0.2	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	$ 14.8	$ 9.4

Derivative Instruments (Detai33

Derivative Instruments (Details 2) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 30, 2015	Nov. 30, 2014	Nov. 30, 2015	Nov. 30, 2014
Effect of our undesignated derivative instruments on our results of operations
Net Gain (Loss) Recognized in Income	$ (21.9)	$ (18.6)	$ (53.4)	$ (28.4)
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	(3.8)	3	(18.9)	(4.1)
Interest rate swap contracts [Member] | Interest expense [Member]
Effect of our undesignated derivative instruments on our results of operations
Net Gain (Loss) Recognized in Income		(0.1)		(0.1)
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	(18.1)	(21.5)	(34.5)	(24.2)
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)	9.4	(15.2)	(26.5)	(10.4)
Net Gain (Loss) Reclassified from AOCI to Income (Effective portion)	(7.6)	(0.7)	(18.7)	(0.2)
Cash flow hedging [Member] | Foreign currency 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)	9.4	(14.2)	(25.5)	(9.2)
Cash flow hedging [Member] | Foreign currency contracts [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)	0.7	1.1	1.6	5.3
Cash flow hedging [Member] | Foreign currency contracts [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)	(6.3)	0.2	(14.1)	0.7
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 Gain (Loss) Recognized in Income (Ineffective portion)	(0.1)	(0.1)	(0.2)	0.1
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	(1)	(1)	(1.2)
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)	$ (2)	$ (6.2)	$ (6.2)

Derivative Instruments (Detai34

Derivative Instruments (Details Textual) $ in Millions	9 Months Ended
	Nov. 30, 2015USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair value of derivative instruments in a net liability position due to counterparties	$ 90.4
Amount of net losses, net of income tax effect, to be reclassified from AOCI to earnings within the next 12 months	$ (22.3)

Fair Value of Financial Instr35

Fair Value of Financial Instruments (Details) - Recurring [Member] - USD ($) $ in Millions	Nov. 30, 2015	Feb. 28, 2015
Assets:
Foreign currency contracts	$ 8	$ 34.6
Commodity derivative contracts	0.8	0.7
Interest rate swap contracts	2.2	3.5
AFS debt securities	7.4	7.8
Liabilities:
Foreign currency contracts	45	59
Commodity derivative contracts	41.7	27.4
Interest rate swap contracts	13.6	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	8	34.6
Commodity derivative contracts	0.8	0.7
Interest rate swap contracts	2.2	3.5
AFS debt securities	0	0
Liabilities:
Foreign currency contracts	45	59
Commodity derivative contracts	41.7	27.4
Interest rate swap contracts	13.6	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	7.4	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	Nov. 30, 2015	Feb. 28, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current portion	$ 7,371.9	$ 7,295.6
Carrying amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current portion	7,371.9	7,295.6
Fair value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current portion	$ 7,162.4	$ 7,378.6

Goodwill (Details)

Goodwill (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Nov. 30, 2015	Feb. 28, 2015
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, beginning of period	$ 6,208.2	$ 6,146.8
Purchase accounting allocations	203.3	100.7
Foreign currency translation adjustments	(29.7)	(39.3)
Goodwill, end of period	6,381.8	6,208.2
Operating Segments [Member] | Beer [Member]
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, beginning of period	3,776.2	3,714.6
Purchase accounting allocations	0	66.7
Foreign currency translation adjustments	(4.4)	(5.1)
Goodwill, end of period	3,771.8	3,776.2
Operating Segments [Member] | Wine and Spirits [Member]
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, beginning of period	2,432	2,432.2
Purchase accounting allocations	203.3	34
Foreign currency translation adjustments	(25.3)	(34.2)
Goodwill, end of period	$ 2,610	$ 2,432

Goodwill (Details Textual)

Goodwill (Details Textual) - Operating Segments [Member] - USD ($) $ in Millions	1 Months Ended
	Dec. 31, 2015	Nov. 30, 2015	Feb. 28, 2015
Wine and Spirits [Member]
Goodwill [Line Items]
Accumulated impairment losses		$ 216.4	$ 231
Beer [Member] | Subsequent Event [Member]
Goodwill [Line Items]
Estimated purchase price	$ 1,000

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 30, 2015	Nov. 30, 2014	Nov. 30, 2015	Nov. 30, 2014	Feb. 28, 2015
Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Amortizable intangible assets, Gross Carrying Amount	$ 191.1		$ 191.1		$ 190.2
Amortizable intangible assets, Net Carrying Amount	72.3		72.3		102.7
Nonamortizable intangible assets, Net Carrying Amount	3,115.5		3,115.5		3,078.3
Total intangible assets, Net Carrying Amount	3,187.8		3,187.8		3,181
Amortization expense for intangible assets	9.5	$ 11.5	32.2	$ 36.2
Trademarks [Member]
Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Nonamortizable intangible assets, Net Carrying Amount	3,111.4		3,111.4		3,073.9
Other [Member]
Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Nonamortizable intangible assets, Net Carrying Amount	4.1		4.1		4.4
Customer relationships [Member]
Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Amortizable intangible assets, Gross Carrying Amount	100.5		100.5		100.9
Amortizable intangible assets, Net Carrying Amount	59.5		59.5		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		68.3
Amortizable intangible assets, Net Carrying Amount	8.6		8.6		33.9
Other [Member]
Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Amortizable intangible assets, Gross Carrying Amount	22.3		22.3		21
Amortizable intangible assets, Net Carrying Amount	$ 4.2		$ 4.2		$ 5.5

Intangible Assets (Details 1)

Intangible Assets (Details 1) $ in Millions	Nov. 30, 2015USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,016	$ 8
2,017	10.7
2,018	5.8
2,019	5.8
2,020	5.6
2,021	5.4
Thereafter	$ 31

Borrowings (Details)

Borrowings (Details) - USD ($)	Nov. 30, 2015	Jul. 16, 2015	Feb. 28, 2015
Short-term Debt
Notes payable to banks, Current	$ 31,100,000		$ 52,400,000
Notes payable to banks, Long-term	0
Notes payable to banks, Total	31,100,000		52,400,000
Long-term Debt
Other, Current	20,100,000
Other, Long-term	93,300,000
Other, Total	113,400,000		154,900,000
Long-term debt, Current	856,900,000		158,100,000
Long-term debt, Long-term	6,515,000,000		7,137,500,000
Long-term debt, Total	7,371,900,000		7,295,600,000
Maximum borrowing amount under credit facility	4,093,600,000
Senior Credit Facility - Term Loans [Member]
Long-term Debt
Senior Credit Facility - Term Loans, Current	137,500,000
Senior Credit Facility - Term Loans, Long-term	2,771,700,000
Senior Credit Facility - Term Loans, Total	2,909,200,000		2,792,100,000
Senior Credit Facility - Term Loans [Member] | U.S. Term A Facility [Member]
Long-term Debt
Senior Credit Facility - Term Loans, Total	1,255,700,000
Maximum borrowing amount under credit facility	$ 1,271,600,000	$ 1,270,000,000
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	$ 241,300,000
Maximum borrowing amount under credit facility	$ 241,900,000
Interest rate	1.90%
LIBOR margin	1.75%
Senior Credit Facility - Term Loans [Member] | European Term A Facility [Member]
Long-term Debt
Senior Credit Facility - Term Loans, Total	$ 1,412,200,000
Maximum borrowing amount under credit facility	$ 1,430,100,000	1,430,000,000
Interest rate	1.70%
LIBOR margin	1.50%
Senior Notes [Member]
Long-term Debt
Senior Notes, Current	$ 699,300,000
Senior Notes, Long-term	3,650,000,000
Senior Notes, Total	4,349,300,000		4,348,600,000
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
Maximum borrowing amount under credit facility	$ 1,150,000,000	$ 1,150,000,000
Interest rate	0.00%
LIBOR margin	1.50%
Remaining borrowing capacity	$ 1,134,100,000
Senior Credit Facility - Revolving Credit Loans [Member] | U.S. Revolving Credit Facility [Member]
Long-term Debt
Maximum borrowing amount under credit facility	575,000,000
Senior Credit Facility - Revolving Credit Loans [Member] | European Revolving Credit Facility [Member]
Long-term Debt
Maximum borrowing amount under credit facility	575,000,000
Letters of Credit [Member]
Long-term Debt
Maximum borrowing amount under credit facility	200,000,000
Outstanding letters of credit	15,900,000
Other [Member]
Short-term Debt
Notes payable to banks, Current	31,100,000
Notes payable to banks, Long-term	0
Notes payable to banks, Total	31,100,000		$ 52,400,000
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	$ 305,000,000
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	$ 135,000,000

Borrowings (Details 1)

Borrowings (Details 1) - Senior Credit Facility - Term Loans [Member] - USD ($) $ in Millions	Nov. 30, 2015	Feb. 28, 2015
Required principal repayments under term loan obligations
2,016	$ 34.4
2,017	137.5
2,018	137.5
2,019	137.5
2,020	137.5
2,021	2,096.2
Thereafter	228.6
Senior Credit Facility - Term Loans, Total	2,909.2	$ 2,792.1
U.S. Term A Facility [Member]
Required principal repayments under term loan obligations
2,016	15.9
2,017	63.6
2,018	63.6
2,019	63.6
2,020	63.5
2,021	985.5
Thereafter	0
Senior Credit Facility - Term Loans, Total	1,255.7
U.S. Term A-1 Facility [Member]
Required principal repayments under term loan obligations
2,016	0.6
2,017	2.4
2,018	2.4
2,019	2.4
2,020	2.5
2,021	2.4
Thereafter	228.6
Senior Credit Facility - Term Loans, Total	241.3
European Term A Facility [Member]
Required principal repayments under term loan obligations
2,016	17.9
2,017	71.5
2,018	71.5
2,019	71.5
2,020	71.5
2,021	1,108.3
Thereafter	0
Senior Credit Facility - Term Loans, Total	$ 1,412.2

Borrowings (Details Textual)

Borrowings (Details Textual) - USD ($)	Nov. 30, 2015	Jul. 16, 2015
Schedule of Debt [Line Items]
Maximum borrowing amount under credit facility	$ 4,093,600,000
Minimum [Member]
Schedule of Debt [Line Items]
Incremental borrowings under credit facility	25,000,000
Maximum [Member]
Schedule of Debt [Line Items]
Incremental borrowings under credit facility	750,000,000
Senior Credit Facility - Revolving Credit Loans [Member]
Schedule of Debt [Line Items]
Maximum borrowing amount under credit facility	1,150,000,000	$ 1,150,000,000
Incremental borrowings under credit facility		300,000,000
Senior Credit Facility - Term Loans [Member] | U.S. Term A Facility [Member]
Schedule of Debt [Line Items]
Maximum borrowing amount under credit facility	1,271,600,000	1,270,000,000
Incremental borrowings under credit facility		200,000,000
Senior Credit Facility - Term Loans [Member] | European Term A Facility [Member]
Schedule of Debt [Line Items]
Maximum borrowing amount under credit facility	$ 1,430,100,000	$ 1,430,000,000

Borrowings (Details Textual 1)

Borrowings (Details Textual 1)	Apr. 30, 2012USD ($)
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 2)

Borrowings (Details Textual 2) - Other [Member]	Sep. 28, 2015USD ($)
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	$ 235,000,000
Accounts receivable securitization facility, Maximum borrowings two	$ 330,000,000
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	$ 190,000,000

Borrowings (Details Textual 3)

Borrowings (Details Textual 3) - Subsequent Event [Member] - Senior Notes [Member] - December 2015 Senior Notes [Member] - USD ($)	1 Months Ended
	Dec. 31, 2015	Dec. 04, 2015
Debt Instrument [Line Items]
Aggregate principal amount of notes		$ 400,000,000
Coupon rate of notes		4.75%
Percentage of outstanding principal amount as redemption price	100.00%
Basis points above adjusted treasury rate	50.00%

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Nov. 30, 2015	Aug. 31, 2015	Nov. 30, 2014	Nov. 30, 2015	Nov. 30, 2014
Income Tax Disclosure [Abstract]
Effective tax rate	32.10%		28.50%	29.20%	31.00%
Tax benefit related to effective settlement of certain tax positions		$ 31.9

Net Income Per Common Share A48

Net Income Per Common Share Attributable to CBI (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Nov. 30, 2015	Nov. 30, 2014	Nov. 30, 2015	Nov. 30, 2014
Earnings per share reconciliation
Net income attributable to CBI allocated - basic	$ 270.5	$ 222.2	$ 811.5	$ 624.7
Class A Common Stock [Member]
Earnings per share reconciliation
Net income attributable to CBI allocated - basic	241.1	197.5	722.7	554.9
Conversion of Class B common shares into Class A common shares	29.4	24.7	88.8	69.8
Effect of stock-based awards on allocated net income	0	0	0	0
Net income attributable to CBI allocated - diluted	$ 270.5	$ 222.2	$ 811.5	$ 624.7
Weighted average number of shares outstanding reconciliation
Weighted average common shares outstanding - basic	173,933	169,585	172,509	168,968
Conversion of Class B common shares into Class A common shares	23,358	23,387	23,366	23,401
Stock-based awards, primarily stock options	6,805	8,304	7,481	8,474
Weighted average common shares outstanding - diluted	204,096	201,276	203,356	200,843
Basic and diluted net income per common share attributable to CBI
Net income per common share attributable to CBI - basic	$ 1.39	$ 1.16	$ 4.19	$ 3.28
Net income per common share attributable to CBI - diluted	$ 1.33	$ 1.10	$ 3.99	$ 3.11
Class B Convertible Common Stock [Member]
Earnings per share reconciliation
Net income attributable to CBI allocated - basic	$ 29.4	$ 24.7	$ 88.8	$ 69.8
Conversion of Class B common shares into Class A common shares	0	0	0	0
Effect of stock-based awards on allocated net income	(0.8)	(1)	(2.6)	(2.9)
Net income attributable to CBI allocated - diluted	$ 28.6	$ 23.7	$ 86.2	$ 66.9
Weighted average number of shares outstanding reconciliation
Weighted average common shares outstanding - basic	23,358	23,387	23,366	23,401
Conversion of Class B common shares into Class A common shares	0	0	0	0
Stock-based awards, primarily stock options	0	0	0	0
Weighted average common shares outstanding - diluted	23,358	23,387	23,366	23,401
Basic and diluted net income per common share attributable to CBI
Net income per common share attributable to CBI - basic	$ 1.26	$ 1.06	$ 3.80	$ 2.99
Net income per common share attributable to CBI - diluted	$ 1.22	$ 1.01	$ 3.69	$ 2.86

Comprehensive Income Attribut49

Comprehensive Income Attributable to CBI (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 30, 2015	Nov. 30, 2014	Nov. 30, 2015	Nov. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net income attributable to CBI	$ 270.5	$ 222.2	$ 811.5	$ 624.7
Pension/postretirement adjustments
Comprehensive income attributable to CBI	295.8	108.8	597.5	530.1
Accumulated Other Comprehensive Income (Loss) [Member]
Foreign currency translation adjustments
Net gains (losses), Before Tax Amount	8.1	(97.9)	(209.7)	(82.1)
Net gains (losses), Tax (Expense) Benefit	(0.1)	(0.8)	2.7	(2)
Net gains (losses), Net of Tax Amount	8	(98.7)	(207)	(84.1)
Reclassification adjustments, Before Tax Amount	0	0	0	0
Reclassification adjustments, Tax (Expense) Benefit	0	0	0	0
Reclassification adjustments, Net of Tax Amount	0	0	0	0
Net gain (loss) recognized in other comprehensive income (loss), Before Tax Amount	8.1	(97.9)	(209.7)	(82.1)
Net gain (loss) recognized in other comprehensive income (loss), Tax (Expense) Benefit	(0.1)	(0.8)	2.7	(2)
Net gain (loss) recognized in other comprehensive income (loss), Net of Tax Amount	8	(98.7)	(207)	(84.1)
Unrealized gain (loss) on cash flow hedges
Net derivative gains (losses), Before Tax Amount	12.7	(21.1)	(36.2)	(14.7)
Net derivative gains (losses), Tax (Expense) Benefit	(3.3)	5.9	9.7	4.3
Net derivative gains (losses), Net of Tax Amount	9.4	(15.2)	(26.5)	(10.4)
Reclassification adjustments, Before Tax Amount	10.8	1.5	27.1	1.4
Reclassification adjustments, Tax (Expense) Benefit	(3.1)	(0.7)	(8.2)	(1.3)
Reclassification adjustments, Net of Tax Amount	7.7	0.8	18.9	0.1
Net gain (loss) recognized in other comprehensive income (loss), Before Tax Amount	23.5	(19.6)	(9.1)	(13.3)
Net gain (loss) recognized in other comprehensive income (loss), Tax (Expense) Benefit	(6.4)	5.2	1.5	3
Net gain (loss) recognized in other comprehensive income (loss), Net of Tax Amount	17.1	(14.4)	(7.6)	(10.3)
Unrealized gain (loss) on AFS debt securities
Net AFS debt securities gains (losses), Before Tax Amount		(0.7)	(0.4)	(0.5)
Net AFS debt securities gains (losses), Tax (Expense) Benefit		0.1	0	0
Net AFS debt securities gains (losses), Net of Tax Amount		(0.6)	(0.4)	(0.5)
Reclassification adjustments, Before Tax Amount		0	0	0
Reclassification adjustments, Tax (Expense) Benefit		0	0	0
Reclassification adjustments, Net of Tax Amount		0	0	0
Net gain (loss) recognized in other comprehensive income (loss), Before Tax Amount		(0.7)	(0.4)	(0.5)
Net gain (loss) recognized in other comprehensive income (loss), Tax (Expense) Benefit		0.1	0	0
Net gain (loss) recognized in other comprehensive income (loss), Net of Tax Amount		(0.6)	(0.4)	(0.5)
Pension/postretirement adjustments
Net actuarial gains (losses), Before Tax Amount	0.3	0.5	1.2	0.5
Net actuarial gains (losses), Tax (Expense) Benefit	0	(0.2)	(0.3)	(0.2)
Net actuarial gains (losses), Net of Tax Amount	0.3	0.3	0.9	0.3
Reclassification adjustments, Before Tax Amount	0.1	0	0.3	0
Reclassification adjustments, Tax (Expense) Benefit	(0.2)	0	(0.2)	0
Reclassification adjustments, Net of Tax Amount	(0.1)	0	0.1	0
Net gain (loss) recognized in other comprehensive income (loss), Before Tax Amount	0.4	0.5	1.5	0.5
Net gain (loss) recognized in other comprehensive income (loss), Tax (Expense) Benefit	(0.2)	(0.2)	(0.5)	(0.2)
Net gain (loss) recognized in other comprehensive income (loss), Net of Tax Amount	0.2	0.3	1	0.3
Other comprehensive income (loss) attributable to CBI, Before Tax Amount	32	(117.7)	(217.7)	(95.4)
Other comprehensive income (loss) attributable to CBI, Tax (Expense) Benefit	(6.7)	4.3	3.7	0.8
Other comprehensive income (loss) attributable to CBI, Net of Tax Amount	$ 25.3	$ (113.4)	$ (214)	$ (94.6)

Comprehensive Income Attribut50

Comprehensive Income Attributable to CBI (Details 1) $ in Millions	9 Months Ended
	Nov. 30, 2015USD ($)
Accumulated other comprehensive income (loss), net of income tax effect [Roll Forward]
Balance, February 28, 2015	$ 5,770.7
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract]
Balance, November 30, 2015	6,492.4
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated other comprehensive income (loss), net of income tax effect [Roll Forward]
Balance, February 28, 2015	(130.9)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract]
Other comprehensive income (loss) before reclassification adjustments	(233)
Amounts reclassified from accumulated other comprehensive loss	19
Other comprehensive income (loss)	(214)
Balance, November 30, 2015	(344.9)
Foreign Currency Translation Adjustments [Member]
Accumulated other comprehensive income (loss), net of income tax effect [Roll Forward]
Balance, February 28, 2015	(86.1)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract]
Other comprehensive income (loss) before reclassification adjustments	(207)
Amounts reclassified from accumulated other comprehensive loss	0
Other comprehensive income (loss)	(207)
Balance, November 30, 2015	(293.1)
Net Unrealized Losses on Derivative Instruments [Member]
Accumulated other comprehensive income (loss), net of income tax effect [Roll Forward]
Balance, February 28, 2015	(29.1)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract]
Other comprehensive income (loss) before reclassification adjustments	(26.5)
Amounts reclassified from accumulated other comprehensive loss	18.9
Other comprehensive income (loss)	(7.6)
Balance, November 30, 2015	(36.7)
Net Unrealized Losses on AFS Debt Securities [Member]
Accumulated other comprehensive income (loss), net of income tax effect [Roll Forward]
Balance, February 28, 2015	(2.5)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract]
Other comprehensive income (loss) before reclassification adjustments	(0.4)
Amounts reclassified from accumulated other comprehensive loss	0
Other comprehensive income (loss)	(0.4)
Balance, November 30, 2015	(2.9)
Pension/ Postretirement Adjustments [Member]
Accumulated other comprehensive income (loss), net of income tax effect [Roll Forward]
Balance, February 28, 2015	(13.2)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract]
Other comprehensive income (loss) before reclassification adjustments	0.9
Amounts reclassified from accumulated other comprehensive loss	0.1
Other comprehensive income (loss)	1
Balance, November 30, 2015	$ (12.2)

Condensed Consolidating Finan51

Condensed Consolidating Financial Information (Details) - USD ($) $ in Millions	Nov. 30, 2015	Feb. 28, 2015	Nov. 30, 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	$ 491.3	$ 110.1	$ 67.3	$ 63.9
Accounts receivable	714.7	598.9
Inventories	1,884.6	1,827.2
Intercompany receivable	0	0
Prepaid expenses and other	370.3	374.6
Total current assets	3,460.9	2,910.8
Property, plant and equipment	2,949	2,681.6	2,419.1
Investments in subsidiaries	0	0
Goodwill	6,381.8	6,208.2		6,146.8
Intangible assets	3,187.8	3,181
Intercompany notes receivable	0	0
Other assets	177.1	162.9
Total assets	16,156.6	15,144.5	14,980.5
Current liabilities:
Notes payable to banks	31.1	52.4
Current maturities of long-term debt	856.9	158.1
Accounts payable	420.9	285.8
Accrued excise taxes	32.5	28.7
Intercompany payable	0	0
Other accrued expenses and liabilities	579.4	605.7
Total current liabilities	1,920.8	1,130.7
Long-term debt, less current maturities	6,515	7,137.5
Deferred income taxes	986.4	818.9
Intercompany notes payable	0	0
Other liabilities	137.7	176.1
Total liabilities	9,559.9	9,263.2
Total CBI stockholders’ equity	6,492.4	5,770.7
Noncontrolling interests	104.3	110.6
Total stockholders’ equity	6,596.7	5,881.3
Total liabilities and stockholders’ equity	16,156.6	15,144.5
Parent Company [Member]
Current assets:
Cash and cash equivalents	260.5	24.5	22.4	0.5
Accounts receivable	0	0.8
Inventories	160.9	153.3
Intercompany receivable	16,322.2	13,158.7
Prepaid expenses and other	43.6	46.2
Total current assets	16,787.2	13,383.5
Property, plant and equipment	56.6	59.3
Investments in subsidiaries	12,626.2	11,657.2
Goodwill	0	0
Intangible assets	0	0
Intercompany notes receivable	3,922.5	4,087.3
Other assets	57.7	61.4
Total assets	33,450.2	29,248.7
Current liabilities:
Notes payable to banks	0	0
Current maturities of long-term debt	765.3	92.3
Accounts payable	32.3	41.2
Accrued excise taxes	17.8	12.6
Intercompany payable	20,752.2	17,206.7
Other accrued expenses and liabilities	257.2	462.5
Total current liabilities	21,824.8	17,815.3
Long-term debt, less current maturities	5,081	5,601.4
Deferred income taxes	28.4	17.6
Intercompany notes payable	0	0
Other liabilities	23.6	43.7
Total liabilities	26,957.8	23,478
Total CBI stockholders’ equity	6,492.4	5,770.7
Noncontrolling interests	0	0
Total stockholders’ equity	6,492.4	5,770.7
Total liabilities and stockholders’ equity	33,450.2	29,248.7
Subsidiary Guarantors [Member]
Current assets:
Cash and cash equivalents	0.9	0.7	0.8	0.8
Accounts receivable	5	27.3
Inventories	1,464.9	1,419
Intercompany receivable	22,233.7	18,389.9
Prepaid expenses and other	46.9	94
Total current assets	23,751.4	19,930.9
Property, plant and equipment	829.3	854.5
Investments in subsidiaries	17.9	13.8
Goodwill	5,614.5	5,411.3
Intangible assets	747.7	703.3
Intercompany notes receivable	86.6	129.9
Other assets	88	68.4
Total assets	31,135.4	27,112.1
Current liabilities:
Notes payable to banks	0	0
Current maturities of long-term debt	18.5	16.9
Accounts payable	239	113.2
Accrued excise taxes	9.7	11.3
Intercompany payable	17,548.5	14,201.6
Other accrued expenses and liabilities	197.8	211.2
Total current liabilities	18,013.5	14,554.2
Long-term debt, less current maturities	29.1	30.9
Deferred income taxes	692.3	633.6
Intercompany notes payable	3,993.2	3,863.4
Other liabilities	34.9	36.7
Total liabilities	22,763	19,118.8
Total CBI stockholders’ equity	8,372.4	7,993.3
Noncontrolling interests	0	0
Total stockholders’ equity	8,372.4	7,993.3
Total liabilities and stockholders’ equity	31,135.4	27,112.1
Subsidiary Nonguarantors [Member]
Current assets:
Cash and cash equivalents	229.9	84.9	44.1	62.6
Accounts receivable	709.7	570.8
Inventories	348.5	357.7
Intercompany receivable	8,488	6,512
Prepaid expenses and other	325.3	427
Total current assets	10,101.4	7,952.4
Property, plant and equipment	2,063.1	1,767.8
Investments in subsidiaries	0	0
Goodwill	767.3	796.9
Intangible assets	2,438.2	2,474.3
Intercompany notes receivable	0	0
Other assets	31.4	33.1
Total assets	15,401.4	13,024.5
Current liabilities:
Notes payable to banks	31.1	52.4
Current maturities of long-term debt	73.1	48.9
Accounts payable	149.6	131.4
Accrued excise taxes	5	4.8
Intercompany payable	8,743.2	6,652.3
Other accrued expenses and liabilities	195.9	156.9
Total current liabilities	9,197.9	7,046.7
Long-term debt, less current maturities	1,404.9	1,505.2
Deferred income taxes	265.7	167.7
Intercompany notes payable	15.9	353.8
Other liabilities	79.2	95.7
Total liabilities	10,963.6	9,169.1
Total CBI stockholders’ equity	4,333.5	3,744.8
Noncontrolling interests	104.3	110.6
Total stockholders’ equity	4,437.8	3,855.4
Total liabilities and stockholders’ equity	15,401.4	13,024.5
Eliminations [Member]
Current assets:
Cash and cash equivalents	0	0	$ 0	$ 0
Accounts receivable	0	0
Inventories	(89.7)	(102.8)
Intercompany receivable	(47,043.9)	(38,060.6)
Prepaid expenses and other	(45.5)	(192.6)
Total current assets	(47,179.1)	(38,356)
Property, plant and equipment	0	0
Investments in subsidiaries	(12,644.1)	(11,671)
Goodwill	0	0
Intangible assets	1.9	3.4
Intercompany notes receivable	(4,009.1)	(4,217.2)
Other assets	0	0
Total assets	(63,830.4)	(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	(47,043.9)	(38,060.6)
Other accrued expenses and liabilities	(71.5)	(224.9)
Total current liabilities	(47,115.4)	(38,285.5)
Long-term debt, less current maturities	0	0
Deferred income taxes	0	0
Intercompany notes payable	(4,009.1)	(4,217.2)
Other liabilities	0	0
Total liabilities	(51,124.5)	(42,502.7)
Total CBI stockholders’ equity	(12,705.9)	(11,738.1)
Noncontrolling interests	0	0
Total stockholders’ equity	(12,705.9)	(11,738.1)
Total liabilities and stockholders’ equity	$ (63,830.4)	$ (54,240.8)

Condensed Consolidating Finan52

Condensed Consolidating Financial Information (Details 1) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 30, 2015	Nov. 30, 2014	Nov. 30, 2015	Nov. 30, 2014
Condensed Consolidating Statement of Comprehensive Income
Sales	$ 1,812.4	$ 1,708.6	$ 5,523.3	$ 5,165.7
Less – excise taxes	(171.9)	(166.9)	(518.1)	(493.9)
Net sales	1,640.5	1,541.7	5,005.2	4,671.8
Cost of product sold	(907)	(902.8)	(2,759)	(2,690.8)
Gross profit	733.5	638.9	2,246.2	1,981
Selling, general and administrative expenses	(286.2)	(263.3)	(892.2)	(834.5)
Operating income	447.3	375.6	1,354	1,146.5
Equity in earnings of equity method investees and subsidiaries	27.3	21.2	28.5	21.1
Interest income	0.1	0.4	0.5	1
Intercompany interest income	0	0	0	0
Interest expense	(75.7)	(86.4)	(230.9)	(258.4)
Intercompany interest expense	0	0	0	0
Loss on write-off of financing costs	0	0	(1.1)	(4.4)
Income before income taxes	399	310.8	1,151	905.8
(Provision for) benefit from income taxes	(128)	(88.6)	(335.7)	(281.1)
Net income	271	222.2	815.3	624.7
Net income attributable to noncontrolling interests	(0.5)	0	(3.8)	0
Net income attributable to CBI	270.5	222.2	811.5	624.7
Comprehensive income attributable to CBI	295.8	108.8	597.5	530.1
Parent Company [Member]
Condensed Consolidating Statement of Comprehensive Income
Sales	708.1	662.8	1,891.7	1,802
Less – excise taxes	(91.6)	(88.7)	(251.3)	(241.9)
Net sales	616.5	574.1	1,640.4	1,560.1
Cost of product sold	(496.9)	(462.1)	(1,325.4)	(1,259)
Gross profit	119.6	112	315	301.1
Selling, general and administrative expenses	(81.9)	(97.1)	(281.5)	(291.2)
Operating income	37.7	14.9	33.5	9.9
Equity in earnings of equity method investees and subsidiaries	298.6	252.3	924.9	761.3
Interest income	0	0	0.1	0
Intercompany interest income	46	44.7	138	133.2
Interest expense	(71.5)	(78.4)	(212.3)	(224.4)
Intercompany interest expense	(66.2)	(58.6)	(196.2)	(162.1)
Loss on write-off of financing costs			(0.4)	0
Income before income taxes	244.6	174.9	687.6	517.9
(Provision for) benefit from income taxes	25.9	47.3	123.9	106.8
Net income	270.5	222.2	811.5	624.7
Net income attributable to noncontrolling interests	0	0	0	0
Net income attributable to CBI	270.5	222.2	811.5	624.7
Comprehensive income attributable to CBI	295.8	108.8	597.5	530.1
Subsidiary Guarantors [Member]
Condensed Consolidating Statement of Comprehensive Income
Sales	1,366.8	1,267.8	4,289.2	3,927.3
Less – excise taxes	(64.6)	(65.2)	(219.4)	(204.3)
Net sales	1,302.2	1,202.6	4,069.8	3,723
Cost of product sold	(943.8)	(943.3)	(3,023.4)	(2,849.7)
Gross profit	358.4	259.3	1,046.4	873.3
Selling, general and administrative expenses	(157.6)	(109.4)	(508.9)	(410.4)
Operating income	200.8	149.9	537.5	462.9
Equity in earnings of equity method investees and subsidiaries	28.1	21.7	31.8	23.5
Interest income	0	0	0	0
Intercompany interest income	66.3	58.7	196.6	162.5
Interest expense	(0.3)	(0.3)	(0.9)	(1)
Intercompany interest expense	(46)	(44.6)	(137.9)	(133)
Loss on write-off of financing costs			0	0
Income before income taxes	248.9	185.4	627.1	514.9
(Provision for) benefit from income taxes	(99.2)	(68.9)	(247.1)	(192)
Net income	149.7	116.5	380	322.9
Net income attributable to noncontrolling interests	0	0	0	0
Net income attributable to CBI	149.7	116.5	380	322.9
Comprehensive income attributable to CBI	149	117.2	379.1	324.7
Subsidiary Nonguarantors [Member]
Condensed Consolidating Statement of Comprehensive Income
Sales	676.4	695.4	2,294.4	2,300.8
Less – excise taxes	(15.7)	(13)	(47.4)	(47.7)
Net sales	660.7	682.4	2,247	2,253.1
Cost of product sold	(425.3)	(410.9)	(1,377.4)	(1,423.8)
Gross profit	235.4	271.5	869.6	829.3
Selling, general and administrative expenses	(34.6)	(61.6)	(96.8)	(145.1)
Operating income	200.8	209.9	772.8	684.2
Equity in earnings of equity method investees and subsidiaries	0.4	0.4	0.8	1
Interest income	0.1	0.4	0.4	1
Intercompany interest income	0.1	0	0.1	0.2
Interest expense	(3.9)	(7.7)	(17.7)	(33)
Intercompany interest expense	(0.2)	(0.2)	(0.6)	(0.8)
Loss on write-off of financing costs			(0.7)	(4.4)
Income before income taxes	197.3	202.8	755.1	648.2
(Provision for) benefit from income taxes	(51.4)	(66.5)	(208.2)	(198.9)
Net income	145.9	136.3	546.9	449.3
Net income attributable to noncontrolling interests	(0.5)	0	(3.8)	0
Net income attributable to CBI	145.4	136.3	543.1	449.3
Comprehensive income attributable to CBI	169.8	21.5	325.6	350.9
Eliminations [Member]
Condensed Consolidating Statement of Comprehensive Income
Sales	(938.9)	(917.4)	(2,952)	(2,864.4)
Less – excise taxes	0	0	0	0
Net sales	(938.9)	(917.4)	(2,952)	(2,864.4)
Cost of product sold	959	913.5	2,967.2	2,841.7
Gross profit	20.1	(3.9)	15.2	(22.7)
Selling, general and administrative expenses	(12.1)	4.8	(5)	12.2
Operating income	8	0.9	10.2	(10.5)
Equity in earnings of equity method investees and subsidiaries	(299.8)	(253.2)	(929)	(764.7)
Interest income	0	0	0	0
Intercompany interest income	(112.4)	(103.4)	(334.7)	(295.9)
Interest expense	0	0	0	0
Intercompany interest expense	112.4	103.4	334.7	295.9
Loss on write-off of financing costs			0	0
Income before income taxes	(291.8)	(252.3)	(918.8)	(775.2)
(Provision for) benefit from income taxes	(3.3)	(0.5)	(4.3)	3
Net income	(295.1)	(252.8)	(923.1)	(772.2)
Net income attributable to noncontrolling interests	0	0	0	0
Net income attributable to CBI	(295.1)	(252.8)	(923.1)	(772.2)
Comprehensive income attributable to CBI	$ (318.8)	$ (138.7)	$ (704.7)	$ (675.6)

Condensed Consolidating Finan53

Condensed Consolidating Financial Information (Details 2) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 30, 2015	Nov. 30, 2014	Nov. 30, 2015	Nov. 30, 2014
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities			$ 1,091.6	$ 750.1
Cash flows from investing activities:
Purchases of property, plant and equipment	$ (219)	$ (233.1)	(513.8)	(541.3)
Purchase of business			(317.9)	(21.4)
Net proceeds from intercompany notes			0	0
Net investments in equity affiliates			0	0
Other investing activities			4	3
Net cash used in investing activities			(827.7)	(559.7)
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
Proceeds from issuance of long-term debt			210	800
Excess tax benefits from stock-based payment awards			204.2	76
Proceeds from shares issued under equity compensation plans			98.9	34.2
Dividends paid			(180.4)	0
Principal payments of long-term debt			(148.3)	(565.3)
Payments of minimum tax withholdings on stock-based payment awards			(38.4)	(28.4)
Net proceeds from (repayments of) notes payable			(15.9)	50.6
Payments of financing costs of long-term debt			(7.9)	(13.3)
Net cash provided by (used in) financing activities			122.2	(189.5)
Dividends paid to parent company				0
Payment of delayed purchase price arrangement			0	(543.3)
Effect of exchange rate changes on cash and cash equivalents			(4.9)	2.5
Net increase in cash and cash equivalents			381.2	3.4
Cash and cash equivalents, beginning of period			110.1	63.9
Cash and cash equivalents, end of period	491.3	67.3	491.3	67.3
Parent Company [Member]
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities			(456.3)	(395.1)
Cash flows from investing activities:
Purchases of property, plant and equipment			(8.8)	(17.4)
Purchase of business			0	0
Net proceeds from intercompany notes			376.4	70.9
Net investments in equity affiliates			(236.4)	(28.8)
Other investing activities			2	0
Net cash used in investing activities			133.2	24.7
Cash flows from financing activities:
Net contributions from (returns of capital to) equity affiliates			0	0
Net proceeds from (repayments of) intercompany notes			292.2	26.3
Proceeds from issuance of long-term debt			200	800
Excess tax benefits from stock-based payment awards			204.2	76
Proceeds from shares issued under equity compensation plans			98.9	34.2
Dividends paid			(180.4)
Principal payments of long-term debt			(47.9)	(533)
Payments of minimum tax withholdings on stock-based payment awards			0	0
Net proceeds from (repayments of) notes payable			0	0
Payments of financing costs of long-term debt			(7.9)	(11.2)
Net cash provided by (used in) financing activities			559.1	392.3
Dividends paid to parent company				0
Payment of delayed purchase price arrangement				0
Effect of exchange rate changes on cash and cash equivalents			0	0
Net increase in cash and cash equivalents			236	21.9
Cash and cash equivalents, beginning of period			24.5	0.5
Cash and cash equivalents, end of period	260.5	22.4	260.5	22.4
Subsidiaries Guarantors [Member]
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities			775.1	468.9
Cash flows from investing activities:
Purchases of property, plant and equipment			(31.8)	(70.3)
Purchase of business			(316.2)	0
Net proceeds from intercompany notes			0	0
Net investments in equity affiliates			0	0
Other investing activities			(0.7)	(5.6)
Net cash used in investing activities			(348.7)	(75.9)
Cash flows from financing activities:
Net contributions from (returns of capital to) equity affiliates			(31.4)	(24.5)
Net proceeds from (repayments of) intercompany notes			(345.3)	(327.9)
Proceeds from issuance of long-term debt			0	0
Excess tax benefits from stock-based payment awards			0	0
Proceeds from shares issued under equity compensation plans			0	0
Dividends paid			0
Principal payments of long-term debt			(13.8)	(14.5)
Payments of minimum tax withholdings on stock-based payment awards			(35.7)	(26.1)
Net proceeds from (repayments of) notes payable			0	0
Payments of financing costs of long-term debt			0	0
Net cash provided by (used in) financing activities			(426.2)	(393)
Dividends paid to parent company				0
Payment of delayed purchase price arrangement				0
Effect of exchange rate changes on cash and cash equivalents			0	0
Net increase in cash and cash equivalents			0.2	0
Cash and cash equivalents, beginning of period			0.7	0.8
Cash and cash equivalents, end of period	0.9	0.8	0.9	0.8
Subsidiary Nonguarantors [Member]
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities			772.8	676.3
Cash flows from investing activities:
Purchases of property, plant and equipment			(473.2)	(453.6)
Purchase of business			(1.7)	(21.4)
Net proceeds from intercompany notes			0	0
Net investments in equity affiliates			0	0
Other investing activities			2.7	8.6
Net cash used in investing activities			(472.2)	(466.4)
Cash flows from financing activities:
Net contributions from (returns of capital to) equity affiliates			267.8	78.2
Net proceeds from (repayments of) intercompany notes			(323.3)	230.7
Proceeds from issuance of long-term debt			10	0
Excess tax benefits from stock-based payment awards			0	0
Proceeds from shares issued under equity compensation plans			0	0
Dividends paid			0
Principal payments of long-term debt			(86.6)	(17.8)
Payments of minimum tax withholdings on stock-based payment awards			(2.7)	(2.3)
Net proceeds from (repayments of) notes payable			(15.9)	50.6
Payments of financing costs of long-term debt			0	(2.1)
Net cash provided by (used in) financing activities			(150.7)	(230.9)
Dividends paid to parent company				(24.9)
Payment of delayed purchase price arrangement				(543.3)
Effect of exchange rate changes on cash and cash equivalents			(4.9)	2.5
Net increase in cash and cash equivalents			145	(18.5)
Cash and cash equivalents, beginning of period			84.9	62.6
Cash and cash equivalents, end of period	229.9	44.1	229.9	44.1
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
Purchase of business			0	0
Net proceeds from intercompany notes			(376.4)	(70.9)
Net investments in equity affiliates			236.4	28.8
Other investing activities			0	0
Net cash used in investing activities			(140)	(42.1)
Cash flows from financing activities:
Net contributions from (returns of capital to) equity affiliates			(236.4)	(53.7)
Net proceeds from (repayments of) intercompany notes			376.4	70.9
Proceeds from issuance of long-term debt			0	0
Excess tax benefits from stock-based payment awards			0	0
Proceeds from shares issued under equity compensation plans			0	0
Dividends paid			0
Principal payments of long-term debt			0	0
Payments of minimum tax withholdings on stock-based payment awards			0	0
Net proceeds from (repayments of) notes payable			0	0
Payments of financing costs of long-term debt			0	0
Net cash provided by (used in) financing activities			140	42.1
Dividends paid to parent company				24.9
Payment of delayed purchase price arrangement				0
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	$ 0	$ 0

Business Segment Information (D

Business Segment Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 30, 2015	Nov. 30, 2014	Nov. 30, 2015	Nov. 30, 2014
Cost of product sold
Net loss on undesignated commodity derivative contracts	$ (21.9)	$ (18.6)	$ (53.4)	$ (28.4)
Amortization of favorable interim supply agreement			(32.2)	(36.2)
Total cost of product sold	(907)	(902.8)	(2,759)	(2,690.8)
Selling, general and administrative expenses
Total selling, general and administrative expenses	(286.2)	(263.3)	(892.2)	(834.5)
Cost of product sold [Member] | Commodity derivative contracts [Member]
Cost of product sold
Net loss on undesignated commodity derivative contracts	(18.1)	(21.5)	(34.5)	(24.2)
Comparable Adjustments [Member]
Cost of product sold
Amortization of favorable interim supply agreement	(7.4)	(8.6)	(25.3)	(27.5)
Flow through of inventory step up	(8.6)	0	(9.8)	0
Other losses	0	(0.2)	0	(2.8)
Total cost of product sold	(25.9)	(31.7)	(49.2)	(61.9)
Selling, general and administrative expenses
Restructuring and related charges	(0.7)	0	(15)	0
Transaction, integration and other acquisition-related costs	(1.9)	(8)	(12.7)	(21.1)
Total selling, general and administrative expenses	(2.6)	(8.2)	(27.7)	(21.6)
Comparable Adjustments, Operating loss	(28.5)	(39.7)	(76.9)	(86.8)
Comparable Adjustments [Member] | Commodity derivative contracts [Member]
Cost of product sold
Net loss on undesignated commodity derivative contracts	(18.1)	(21.5)	(34.5)	(24.2)
Settlements of undesignated commodity derivative contracts	8.2	1.2	20.4	0.6
Comparable Adjustments [Member] | Sales [Member]
Net sales
Product recall	0	0.2	0	(3.3)
Cost of product sold
Product recall	0	0.2	0	(3.3)
Selling, general and administrative expenses
Product recall	0	0.2	0	(3.3)
Comparable Adjustments [Member] | Cost of product sold [Member]
Net sales
Product recall	0	(2.6)	0	(8)
Cost of product sold
Product recall	0	(2.6)	0	(8)
Selling, general and administrative expenses
Product recall	0	(2.6)	0	(8)
Comparable Adjustments [Member] | Selling, general and administrative expenses [Member]
Net sales
Product recall	0	(0.2)	0	(0.5)
Cost of product sold
Product recall	0	(0.2)	0	(0.5)
Selling, general and administrative expenses
Product recall	$ 0	$ (0.2)	$ 0	$ (0.5)

Business Segment Information 55

Business Segment Information (Details 1) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 30, 2015	Nov. 30, 2014	Nov. 30, 2015	Nov. 30, 2014	Feb. 28, 2015
Segment Reporting Information [Line Items]
Net sales	$ 1,640.5	$ 1,541.7	$ 5,005.2	$ 4,671.8
Segment operating income (loss)	447.3	375.6	1,354	1,146.5
Long-lived tangible assets	2,949	2,419.1	2,949	2,419.1	$ 2,681.6
Total assets	16,156.6	14,980.5	16,156.6	14,980.5	$ 15,144.5
Capital expenditures	219	233.1	513.8	541.3
Depreciation and amortization	51.3	51.6	162.7	154.6
Equity in earnings of equity method investees	27.3	21.2	28.5	21.1
Investments in equity method investees	92	85.3	92	85.3
Operating Segments [Member] | Beer [Member]
Segment Reporting Information [Line Items]
Net sales	831.3	768.1	2,816.6	2,527.6
Segment operating income (loss)	291.6	242.1	984	800.6
Long-lived tangible assets	1,806.7	1,193.4	1,806.7	1,193.4
Total assets	8,604.9	7,860.9	8,604.9	7,860.9
Capital expenditures	196.6	206.1	457.3	434.9
Depreciation and amortization	13.5	11.4	41.4	31.3
Operating Segments [Member] | Wine and Spirits [Member]
Segment Reporting Information [Line Items]
Net sales	809.2	773.4	2,188.6	2,147.5
Segment operating income (loss)	222.7	199.4	542.8	512.4
Long-lived tangible assets	1,034.1	1,096.3	1,034.1	1,096.3
Total assets	6,856.6	6,780.5	6,856.6	6,780.5
Capital expenditures	20.5	22.6	52.4	74.1
Depreciation and amortization	23.7	24.3	75.3	75.2
Equity in earnings of equity method investees	27.3	21.2	28.5	21.1
Investments in equity method investees	91	85.3	91	85.3
Operating Segments [Member] | Wine and Spirits [Member] | Wine [Member]
Segment Reporting Information [Line Items]
Net sales	719.4	685.1	1,931.5	1,912.2
Operating Segments [Member] | Wine and Spirits [Member] | Spirits [Member]
Segment Reporting Information [Line Items]
Net sales	89.8	88.3	257.1	235.3
Operating Segments [Member] | Corporate Operations and Other [Member]
Segment Reporting Information [Line Items]
Segment operating income (loss)	(38.5)	(26.2)	(95.9)	(79.7)
Long-lived tangible assets	108.2	129.4	108.2	129.4
Total assets	695.1	339.1	695.1	339.1
Capital expenditures	1.9	4.4	4.1	32.3
Depreciation and amortization	6.7	7.3	20.7	20.6
Investments in equity method investees	1	0	1	0
Comparable Adjustments [Member]
Segment Reporting Information [Line Items]
Net sales	0	0.2	0	(3.3)
Segment operating income (loss)	(28.5)	(39.7)	(76.9)	(86.8)
Depreciation and amortization	$ 7.4	$ 8.6	$ 25.3	$ 27.5

Business Segment Information 56

Business Segment Information (Details Textual)	9 Months Ended
	Nov. 30, 2015divisionsegment
Segment Reporting [Abstract]
Number of business divisions | division	2
Number of reportable operating segments | segment	3