Commitments and Contingencies (Tables)

12 Months Ended

Feb. 28, 2026

Commitments and Contingencies Disclosure [Abstract]

Future minimum purchase commitments and obligations

As of February 28, 2026, the estimated aggregate minimum purchase commitments under these contracts through the date of the last contractual commitment are as follows:


	Type	Commitment Date	Amount
(in millions)
Raw materials and supplies	Packaging, corn, malt, and grapes	December 2037	$	4,340.3

Contract services	Transportation, marketing, IT, warehousing and bottling, energy contract services, and consumer and market insights	January 2032	574.6
Capital expenditures (1)	Property, plant, and equipment and contractor and manufacturing services	February 2029	70.2
In-process and finished goods inventories	Bulk wine and spirits and related contracts	December 2028	21.9

			$	5,007.0

(1)Consists of purchase commitments entered into primarily in connection with the Brewery Projects.

Supplier finance program

The changes in outstanding obligations under our supply chain finance program are as follows:


(in millions)
Balance, February 29, 2024	$	11.5
Additions	190.5
Settlements (1)	(162.6)
Balance, February 28, 2025 (2)	39.4
Additions	266.0
Settlements (1)	(254.7)
Balance, February 28, 2026 (2)	$	50.7

(1)Reflects amounts settled through the supply chain finance program and paid to the financial institution.

(2)Reflects amount payable to the participating financial institution for suppliers who voluntarily participated in the supply chain finance program and was included in accounts payable within our consolidated balance sheets.