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Fair Value of Financial Instruments (Tables)
12 Months Ended
Feb. 28, 2026
Fair Value Disclosures [Abstract]  
Financial assets and liabilities measured at 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)
February 28, 2026
Assets:
Foreign currency contracts$$334.7$$334.7
Commodity derivative contracts$$31.2$$31.2
Liabilities:
Foreign currency contracts$$1.1$$1.1
Commodity derivative contracts$$7.4$$7.4
Net investment hedge contracts
$— $6.7$— $6.7
February 28, 2025
Assets:
Foreign currency contracts$$97.0$$97.0
Commodity derivative contracts$$9.6$$9.6
Pre-issuance hedge contracts
$$2.2$$2.2
Liabilities:
Foreign currency contracts$$76.4$$76.4
Commodity derivative contracts$$12.8$$12.8
Assets and liabilities measured at estimated fair value on a nonrecurring basis
The following table presents our assets and liabilities measured at estimated fair value on a nonrecurring basis for which an impairment assessment was performed for the periods presented:
Fair Value Measurements Using
Balance Sheet
Classification
Quoted
Prices in
Active
Markets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Total
Losses
(in millions)
For the Year Ended February 28, 2026
Assets held for sale and related net assets
Assets held for sale
$— $— $— $52.1 
Equity method investmentsOther assets— — — 1.5 
Total
$— $— $— $53.6 
For the Year Ended February 28, 2025
GoodwillGoodwill$— $— $— $2,740.7 
Assets held for saleAssets held for sale— 879.8 — 478.0 
TrademarksIntangible assets— — 125.8 57.0 
Equity method investmentsOther assets— — — 8.7 
Total
$— $879.8 $125.8 $3,284.4 
For the Year Ended February 29, 2024
Equity method investmentsOther assets$56.1 $0.6 $0.6 $136.1