Table of Contents CONSTELLATION BRANDS, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (in millions, except share and per share data) February 28,  2019 February 28,  2018 ASSETS Current assets: Cash and cash equivalents $ 93.6 $ 90.3 Accounts receivable 846.9 776.2 Inventories 2,130.4 2,084.0 Prepaid expenses and other 613.1 523.5 Total current assets 3,684.0 3,474.0 Property, plant and equipment 5,267.3 4,789.7 Goodwill 8,088.8 8,083.1 Intangible assets 3,198.1 3,304.8 Equity method investments 3,465.6 121.5 Securities measured at fair value 3,234.7 672.2 Deferred income taxes 2,183.3 — Other assets 109.7 93.4 Total assets $ 29,231.5 $ 20,538.7 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Short-term borrowings $ 791.5 $ 746.8 Current maturities of long-term debt 1,065.2 22.3 Accounts payable 616.7 592.2 Other accrued expenses and liabilities 690.4 678.3 Total current liabilities 3,163.8 2,039.6 Long-term debt, less current maturities 11,759.8 9,417.6 Deferred income taxes and other liabilities 1,470.7 1,089.8 Total liabilities 16,394.3 12,547.0 Commitments and contingencies (Note 15) CBI stockholders’ equity: Preferred Stock, $.01 par value – Authorized, 1,000,000 shares; Issued, none — — Class A Common Stock, $.01 par value – Authorized, 322,000,000 shares; Issued, 185,740,178 shares and 258,718,356 shares, respectively 1.9 2.6 Class B Convertible Common Stock, $.01 par value – Authorized, 30,000,000 shares; Issued, 28,322,419 shares and 28,335,387 shares, respectively 0.3 0.3 Class 1 Common Stock, $.01 par value – Authorized, 25,000,000 shares; Issued, 1,149,624 shares and 1,970 shares, respectively — — Additional paid-in capital 1,410.8 2,825.3 Retained earnings 14,276.2 9,157.2 Accumulated other comprehensive loss (353.9) (202.9) 15,335.3 11,782.5 Less: Treasury stock – Class A Common Stock, at cost, 18,927,966 shares and 90,743,239 shares, respectively (2,782.1 ) (3,805.2 ) Class B Convertible Common Stock, at cost, 5,005,800 shares (2.2) (2.2) (2,784.3 ) (3,807.4 ) Total CBI stockholders’ equity 12,551.0 7,975.1 Noncontrolling interests 286.2 16.6 Total stockholders’ equity 12,837.2 7,991.7 Total liabilities and stockholders’ equity $ 29,231.5 $ 20,538.7 56 The accompanying notes are an integral part of these statements.