Fair Value Measurements, Cash, Cash Equivalent and Investments (Tables)

3 Months Ended

May 31, 2020

Cash and Cash Equivalents [Abstract]

Components of Cash, Cash Equivalents and Investments

The components of cash, cash equivalents and investments by fair value level as at May 31, 2020 were as follows:

	Cost Basis		Unrealized Gains		Unrealized Losses		Other-than- temporary Impairment		Fair Value		Cash and Cash Equivalents		Short-term Investments		Long-term Investments		Restricted Cash
Bank balances	$	120	$	—	$	—	$	—	$	120	$	120	$	—	$	—	$	—
Other investments	33		—		—		—		33		—		—		33		—
	153		—		—		—		153		120		—		33		—
Level 1:
Equity securities	10		—		(8)		—		2		—		2		—		—
Level 2:
Corporate notes/bonds	37		—		—		—		37		37		—		—		—
Term deposits, certificates of deposits, and GICs	108		—		—		—		108		10		50		—		48
Bearer deposit notes	131		—		—		—		131		79		52		—		—
Commercial paper	289		—		—		—		289		62		227		—		—
Non-U.S. promissory notes	172		—		—		—		172		4		168		—		—
Non-U.S. government sponsored enterprise notes	38		—		—		—		38		—		38		—		—
Non-U.S. treasury bills/notes	25		—		—		—		25		—		25		—		—
	800		—		—		—		800		192		560		—		48
	$	963	$	—	$	(8)	$	—	$	955	$	312	$	562	$	33	$	48

The components of cash, cash equivalents and investments by fair value level as at February 29, 2020 were as follows:

	Cost Basis		Unrealized Gains		Unrealized Losses		Other-than- temporary Impairment		Fair Value		Cash and Cash Equivalents		Short-term Investments		Long-term Investments		Restricted Cash and Cash Equivalents
Bank balances	$	100	$	—	$	—	$	—	$	100	$	100	$	—	$	—	$	—
Other investments	32		—		—		—		32		—		—		32		—
	132		—		—		—		132		100		—		32		—
Level 1:
Equity securities	10		—		(8)		—		2		—		2		—		—
Level 2:
Term deposits, certificates of deposits, and GICs	118		—		—		—		118		44		25		—		49
Bankers’ acceptances/bearer deposit notes	84		—		—		—		84		30		54		—		—
Commercial paper	276		—		—		—		276		108		168		—		—
Non-U.S. promissory notes	133		—		—		—		133		25		108		—		—
Non-U.S. government sponsored enterprise notes	144		—		—		—		144		—		144		—		—
Non-U.S. treasury bills/notes	56		—		—		—		56		25		31		—		—
U.S. treasury bills/notes	45		—		—		—		45		45		—		—		—
	856		—		—		—		856		277		530		—		49
	$	998	$	—	$	(8)	$	—	$	990	$	377	$	532	$	32	$	49

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents as at May 31, 2020 and February 29, 2020 from the consolidated balance sheets to the consolidated statements of cash flows:

	As at
	May 31, 2020		February 29, 2020
Cash and cash equivalents	$	312	$	377
Restricted cash and cash equivalents	48		49
Total cash, cash equivalents, restricted cash, and restricted cash equivalents presented in the consolidated statements of cash flows	$	360	$	426

Contractual Maturities of Available-for-Sale Investments

The contractual maturities of available-for-sale investments as at May 31, 2020 and February 29, 2020 were as follows:

	As at
	May 31, 2020				February 29, 2020
	Cost Basis		Fair Value		Cost Basis		Fair Value
Due in one year or less	$	800	$	800	$	856	$	856
No fixed maturity	10		2		10		2
	$	810	$	802	$	866	$	858