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

3 Months Ended

May 31, 2022

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, 2022 were as follows:

	Cost Basis (1)		Unrealized Gains		Unrealized Losses		Fair Value		Cash and Cash Equivalents		Short-term Investments		Long-term Investments		Restricted Cash and Cash Equivalents
Bank balances	$	97	$	—	$	—	$	97	$	95	$	—	$	—	$	2
Other investments	25		5		—		30		—		—		30		—
	122		5		—		127		95		—		30		2
Level 1:
Equity securities	10		—		(10)		—		—		—		—		—
Level 2:
Term deposits, certificates of deposits, and GICs	54		—		—		54		28		—		—		26
Bearer deposit notes	60		—		—		60		60		—		—		—
Commercial paper	257		—		—		257		125		132		—		—
Non-U.S. promissory notes	85		—		—		85		33		52		—		—
Non-U.S. treasury bills/notes	50		—		—		50		50		—		—		—
Non-U.S. government sponsored enterprise notes	69		—		—		69		—		69		—		—
Corporate notes/bonds	19		—		—		19		—		19		—		—
	594		—		—		594		296		272		—		26
	$	726	$	5	$	(10)	$	721	$	391	$	272	$	30	$	28

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(1) Cost basis for other investments includes the effect of returns of capital and impairment.

The components of cash, cash equivalents and investments by fair value level as at February 28, 2022 were as follows:

	Cost Basis (1)		Unrealized Gains		Unrealized Losses		Fair Value		Cash and Cash Equivalents		Short-term Investments		Long-term Investments		Restricted Cash and Cash Equivalents
Bank balances	$	105	$	—	$	—	$	105	$	104	$	—	$	—	$	1
Other investments	8		—		—		8		—		—		8		—
	113		—		—		113		104		—		8		1
Level 1:
Equity securities	10		—		(9)		1		—		1		—		—
Level 2:
Term deposits, certificates of deposits, and GICs	157		—		—		157		65		65		—		27
Bankers’ acceptances/bearer deposit notes	58		—		—		58		58		—		—		—
Commercial paper	247		—		—		247		62		185		—		—
Non-U.S. promissory notes	71		—		—		71		46		25		—		—
Non-U.S. government sponsored enterprise notes	58		—		—		58		—		58		—		—
Non-U.S. treasury bills/notes	43		—		—		43		43		—		—		—
	634		—		—		634		274		333		—		27
Level 3:
Other investments	17		5		—		22		—		—		22		—
	$	774	$	5	$	(9)	$	770	$	378	$	334	$	30	$	28

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(1) Cost basis for other investments includes the effect of returns of capital and impairment.

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, 2022 and February 28, 2022 from the consolidated balance sheets to the consolidated statements of cash flows:

	As at
	May 31, 2022		February 28, 2022
Cash and cash equivalents	$	391	$	378
Restricted cash and cash equivalents	28		28
Total cash, cash equivalents, restricted cash, and restricted cash equivalents presented in the consolidated statements of cash flows	$	419	$	406

Contractual Maturities of Available-for-Sale Investments

The contractual maturities of available-for-sale investments as at May 31, 2022 and February 28, 2022 were as follows:

	As at
	May 31, 2022				February 28, 2022
	Cost Basis		Fair Value		Cost Basis		Fair Value
Due in one year or less	$	594	$	594	$	634	$	634
No fixed maturity	10		—		10		1
	$	604	$	594	$	644	$	635