Net Income (Loss) Per Common Share Attributable to CBI (Tables)

12 Months Ended

Feb. 28, 2021

Earnings Per Share [Abstract]

Basic and diluted net income (loss) per common share attributable to CBI

The computation of basic and diluted net income (loss) per common share is as follows:

	For the Years Ended
	February 28, 2021				February 29, 2020				February 28, 2019
	Common Stock				Common Stock				Common Stock
	Class A		Class B		Class A		Class B		Class A		Class B
(in millions, except per share data)
Net income (loss) attributable to CBI allocated – basic	$	1,777.2	$	220.8	$	(10.2)	$	(1.6)	$	3,049.5	$	386.4
Conversion of Class B common shares into Class A common shares	220.8		—		—		—		386.4		—
Effect of stock-based awards on allocated net income (loss)	—		(1.5)		—		—		—		(8.3)
Net income (loss) attributable to CBI allocated – diluted	$	1,998.0	$	219.3	$	(10.2)	$	(1.6)	$	3,435.9	$	378.1
Weighted average common shares outstanding – basic	170.239		23.280		168.329		23.313		167.249		23.321
Conversion of Class B common shares into Class A common shares (1)	23.280		—		—		—		23.321		—
Stock-based awards, primarily stock options (1)	1.789		—		—		—		4.962		—
Weighted average common shares outstanding – diluted	195.308		23.280		168.329		23.313		195.532		23.321
Net income (loss) per common share attributable to CBI – basic	$	10.44	$	9.48	$	(0.07)	$	(0.07)	$	18.24	$	16.57
Net income (loss) per common share attributable to CBI – diluted	$	10.23	$	9.42	$	(0.07)	$	(0.07)	$	17.57	$	16.21

(1)	We have excluded the following weighted average common shares outstanding from the calculation of diluted net income (loss) per common share, as the effect of including these would have been anti-dilutive:
			For the Year Ended
			February 29, 2020
		(in millions)
		Class B Convertible Common Stock	23.313
		Stock-based awards, primarily stock options	3.239