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Auto Loan Receivables (Tables) | 6 Months Ended
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Aug. 31, 2017
Loans Receivable, Net [Abstract] |
Auto Loan Receivables, Net | Auto Loan Receivables, Net
| As of August 31 |  | As of February 28
(In millions) | 2017 |  | 2017
Term securitizations | $ | 8,885.4 |  |  | $ | 8,784.7 |
Warehouse facilities | 2,061.0 |  |  | 1,624.0 |
Overcollateralization (1) | 241.8 |  |  | 211.4 |
Other managed receivables (2) | 64.6 |  |  | 61.2 |
Total ending managed receivables | 11,252.8 |  |  | 10,681.3 |
Accrued interest and fees | 46.9 |  |  | 38.5 |
Other | 2.1 |  |  | (0.1 | )
Less allowance for loan losses | (129.5 | ) |  | (123.6 | )
Auto loan receivables, net | $ | 11,172.3 |  |  | $ | 10,596.1 |
(1) | Represents receivables restricted as excess collateral for the warehouse facilities and term securitizations.
(2) | Other managed receivables includes receivables not funded through the warehouse facilities or term securitizations.
Ending Managed Receivables By Major Credit Grade | Ending Managed Receivables by Major Credit Grade
| As of August 31 |  | As of February 28
(In millions) | 2017 (1) |  | % (2) |  | 2017 (1) |  | % (2)
A | $ | 5,513.2 |  |  | 49.0 |  | $ | 5,223.4 |  |  | 48.9
B | 3,986.6 |  |  | 35.4 |  | 3,739.4 |  |  | 35.0
C and other | 1,753.0 |  |  | 15.6 |  | 1,718.5 |  |  | 16.1
Total ending managed receivables | $ | 11,252.8 |  |  | 100.0 |  | $ | 10,681.3 |  |  | 100.0
(1) | Classified based on credit grade assigned when customers were initially approved for financing.
(2) | Percent of total ending managed receivables.
Allowance For Loan Losses | Allowance for Loan Losses
| Three Months Ended August 31 | Six Months Ended August 31
(In millions) | 2017 |  | % (1) |  | 2016 |  | % (1) | 2017 |  | % (1) |  | 2016 |  | % (1)
Balance as of beginning of period | $ | 129.8 |  |  | 1.18 |  | $ | 104.0 |  |  | 1.05 | $ | 123.6 |  |  | 1.16 |  | $ | 94.9 |  |  | 0.99
Charge-offs | (60.4 | ) |  |  |  | (55.9 | ) |  |  | (114.5 | ) |  |  |  | (101.7 | ) |  |
Recoveries | 27.2 |  |  |  |  | 25.9 |  |  |  | 58.9 |  |  |  |  | 54.2 |  |  |
Provision for loan losses | 32.9 |  |  |  |  | 35.7 |  |  |  | 61.5 |  |  |  |  | 62.3 |  |  |
Balance as of end of period | $ | 129.5 |  |  | 1.15 |  | $ | 109.7 |  |  | 1.08 | $ | 129.5 |  |  | 1.15 |  | $ | 109.7 |  |  | 1.08
(1) | Percent of total ending managed receivables.
Past Due Receivables | Past Due Receivables
| As of August 31 |  | As of February 28
(In millions) | 2017 |  | % (1) |  | 2017 |  | % (1)
Total ending managed receivables | $ | 11,252.8 |  |  | 100.0 |  | $ | 10,681.3 |  |  | 100.0
Delinquent loans: |  |  |  |  |  |  |
31-60 days past due | $ | 239.4 |  |  | 2.1 |  | $ | 211.0 |  |  | 2.0
61-90 days past due | 115.1 |  |  | 1.0 |  | 93.5 |  |  | 0.9
Greater than 90 days past due | 30.5 |  |  | 0.3 |  | 26.5 |  |  | 0.2
Total past due | $ | 385.0 |  |  | 3.4 |  | $ | 331.0 |  |  | 3.1
(1) | Percent of total ending managed receivables.

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- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=82894031&loc=SL6953803-111525 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953659-111524 + Details
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- Definition Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953401-111524 + Details
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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Tabular disclosure of the activity in the total allowance for credit losses related to noncurrent financing receivables (such as loans or lease receivables), including the balance in the allowance at the beginning and end of each period, additions charged to operations, direct write-downs charged against the allowance, and recoveries of amounts previously charged off. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524 + Details
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