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Restructuring | 12 Months Ended
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Feb. 28, 2026
Restructuring Charges [Abstract] |
Restructuring | RESTRUCTURING The 2025 Restructuring Initiative is an enterprise-wide cost savings and restructuring initiative designed to help optimize the performance of our business, including through enhanced organizational efficiency and optimized expenditures across our organization. The majority of the work associated with the 2025 Restructuring Initiative was executed within the year ended February 28, 2026, and is now estimated to result in nearly $130 million of cumulative pre-tax costs once all phases are fully implemented. These cumulative costs are expected to be comprised of (i) employee termination costs (50%) and (ii) consulting services as well as other costs, which primarily include contract termination costs (50%). We recognized pre-tax restructuring costs within selling, general, and administrative expenses in our consolidated results related to the 2025 Restructuring Initiative as follows:
|  |  | For the Years Ended
|  |  | February 28, 2026 |  | February 28, 2025
(in millions) |  |  |  |  |
Employee termination |  |  | $ | 15.1 |  | $ | 46.9
Consulting services |  |  | 52.7 |  | 2.8
Other |  |  | 4.4 |  | —
|  |  | $ | 72.2 |  | $ | 49.7
Since the inception of the 2025 Restructuring Initiative, we have incurred the following pre-tax restructuring costs:
| Cumulative Costs as of February 28, 2026 |  | Percent of Total Costs
(in millions) |  |  |
Employee termination | $ | 62.0 |  | 51 | %
Consulting services | 55.5 |  | 46 | %
Other | 4.4 |  | 3 | %
| $ | 121.9 |  | 100 | %
The activity for the restructuring costs discussed above and the related accruals are as follows:
| Employee Termination |  | Consulting Services |  | Other |  | Total
(in millions) |  |  |  |  |  |  |
Balance at February 28, 2025 | $ | 46.9 |  |  | $ | 2.8 |  |  | $ | — |  |  | $ | 49.7 |
Restructuring costs | 15.1 |  |  | 52.7 |  |  | 4.4 |  |  | 72.2 |
Cash payments | (43.4) |  |  | (25.6) |  |  | (0.2) |  |  | (69.2) |
Balance at February 28, 2026 (1) | $ | 18.6 |  |  | $ | 29.9 |  |  | $ | 4.2 |  |  | $ | 52.7 |
(1)The total accrual was recorded in accrued restructuring within other accrued expenses and liabilities in our consolidated balance sheets.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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