Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Feb. 28, 2023

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Other comprehensive income (loss) attributable to CBI includes the following components:


	Before Tax Amount		Tax (Expense) Benefit		Net of Tax Amount
(in millions)
For the Year Ended February 28, 2021
Other comprehensive income (loss) attributable to CBI:
Foreign currency translation adjustments:
Net gain (loss)	$	(51.9)	$	—	$	(51.9)
Amounts reclassified	5.1		—		5.1
Net gain (loss) recognized in other comprehensive income (loss)	(46.8)		—		(46.8)
Unrealized gain (loss) on cash flow hedges:
Net derivative gain (loss)	(48.1)		3.2		(44.9)
Amounts reclassified	28.8		(2.9)		25.9
Net gain (loss) recognized in other comprehensive income (loss)	(19.3)		0.3		(19.0)




Pension/postretirement adjustments:
Net actuarial gain (loss)	(2.3)		0.7		(1.6)
Amounts reclassified	—		—		—
Net gain (loss) recognized in other comprehensive income (loss)	(2.3)		0.7		(1.6)


	Before Tax Amount		Tax (Expense) Benefit		Net of Tax Amount
(in millions)
Share of OCI of equity method investments:
Net gain (loss)	(1.6)		(0.2)		(1.8)
Amounts reclassified	—		—		—
Net gain (loss) recognized in other comprehensive income (loss)	(1.6)		(0.2)		(1.8)
Other comprehensive income (loss) attributable to CBI	$	(70.0)	$	0.8	$	(69.2)

For the Year Ended February 28, 2022
Other comprehensive income (loss) attributable to CBI:
Foreign currency translation adjustments:
Net gain (loss)	$	(38.9)	$	—	$	(38.9)
Amounts reclassified	—		—		—
Net gain (loss) recognized in other comprehensive income (loss)	(38.9)		—		(38.9)
Unrealized gain (loss) on cash flow hedges:
Net derivative gain (loss)	12.6		(7.5)		5.1
Amounts reclassified	(34.0)		2.9		(31.1)
Net gain (loss) recognized in other comprehensive income (loss)	(21.4)		(4.6)		(26.0)




Pension/postretirement adjustments:
Net actuarial gain (loss)	2.3		(0.6)		1.7
Amounts reclassified	(2.1)		0.6		(1.5)
Net gain (loss) recognized in other comprehensive income (loss)	0.2		—		0.2
Share of OCI of equity method investments:
Net gain (loss)	(16.2)		3.7		(12.5)
Amounts reclassified	—		—		—
Net gain (loss) recognized in other comprehensive income (loss)	(16.2)		3.7		(12.5)
Other comprehensive income (loss) attributable to CBI	$	(76.3)	$	(0.9)	$	(77.2)

For the Year Ended February 28, 2023
Other comprehensive income (loss) attributable to CBI:
Foreign currency translation adjustments:
Net gain (loss)	$	255.0	$	—	$	255.0
Amounts reclassified	—		—		—
Net gain (loss) recognized in other comprehensive income (loss)	255.0		—		255.0
Unrealized gain (loss) on cash flow hedges:
Net derivative gain (loss)	259.3		(33.2)		226.1
Amounts reclassified	(50.2)		5.1		(45.1)
Net gain (loss) recognized in other comprehensive income (loss)	209.1		(28.1)		181.0




Pension/postretirement adjustments:
Net actuarial gain (loss)	0.1		—		0.1
Amounts reclassified	—		—		—
Net gain (loss) recognized in other comprehensive income (loss)	0.1		—		0.1


	Before Tax Amount		Tax (Expense) Benefit		Net of Tax Amount
(in millions)
Share of OCI of equity method investments:
Net gain (loss)	2.6		2.5		5.1
Amounts reclassified	—		—		—
Net gain (loss) recognized in other comprehensive income (loss)	2.6		2.5		5.1
Other comprehensive income (loss) attributable to CBI	$	466.8	$	(25.6)	$	441.2

Accumulated other comprehensive income (loss), net of income tax effect, includes the following components:


	Foreign Currency Translation Adjustments		Unrealized Net Gain (Loss) on Derivative Instruments		Pension/ Postretirement Adjustments		Share of OCI of Equity Method Investments		Accumulated Other Comprehensive Income (Loss)
(in millions)
Balance, February 28, 2022	$	(431.4)	$	17.5	$	(4.0)	$	5.2	$	(412.7)
Other comprehensive income (loss):
Other comprehensive income (loss) before reclassification adjustments	255.0		226.1		0.1		5.1		486.3
Amounts reclassified from accumulated other comprehensive income (loss)	—		(45.1)		—		—		(45.1)
Other comprehensive income (loss)	255.0		181.0		0.1		5.1		441.2
Balance, February 28, 2023	$	(176.4)	$	198.5	$	(3.9)	$	10.3	$	28.5