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

9 Months Ended

Nov. 30, 2023

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 November 30, 2023 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	$	87	$	—	$	—	$	87	$	87	$	—	$	—	$	—
Other investments	30		6		—		36		—		—		36		—
	117		6		—		123		87		—		36		—
Level 1:
Equity securities	10		—		(10)		—		—		—		—		—
Level 2:
Term deposits, and certificates of deposits	21		—		—		21		—		—		—		21
Bearer deposit notes	24		—		—		24		24		—		—		—
Commercial paper	20		—		—		20		20		—		—		—
Non-U.S. promissory notes	5		—		—		5		5		—		—		—
Non-U.S. treasury bills/notes	3		—		—		3		3		—		—		—
U.S. treasury bills/notes	75		—		—		75		71		—		—		4
	148		—		—		148		123		—		—		25
	$	275	$	6	$	(10)	$	271	$	210	$	—	$	36	$	25

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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, 2023 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	$	89	$	—	$	—	$	89	$	87	$	—	$	—	$	2
Other investments	26		2		—		28		—		—		28		—
	115		2		—		117		87		—		28		2
Level 1:
Equity securities	10		—		(10)		—		—		—		—		—
Level 2:
Term deposits, and certificates of deposits	33		—		—		33		8		—		—		25
Bearer deposit notes	82		—		—		82		82		—		—		—
Commercial paper	159		—		—		159		108		51		—		—
Non-U.S. promissory notes	45		—		—		45		—		45		—		—
Non-U.S. government sponsored enterprise notes	30		—		—		30		10		20		—		—
Corporate notes/bonds	15		—		—		15		—		15		—		—
	364		—		—		364		208		131		—		25
Level 3:
Other investments	2		4		—		6		—		—		6		—
	$	491	$	6	$	(10)	$	487	$	295	$	131	$	34	$	27

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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 November 30, 2023 and February 28, 2023 from the consolidated balance sheets to the consolidated statements of cash flows:

	As at
	November 30, 2023		February 28, 2023
Cash and cash equivalents	$	210	$	295
Restricted cash and cash equivalents	25		27
Total cash, cash equivalents, restricted cash, and restricted cash equivalents presented in the consolidated statements of cash flows	$	235	$	322

Contractual Maturities of Available-for-Sale Investments

The contractual maturities of available-for-sale investments as at November 30, 2023 and February 28, 2023 were as follows:

	As at
	November 30, 2023				February 28, 2023
	Cost Basis		Fair Value		Cost Basis		Fair Value
Due in one year or less	$	148	$	148	$	364	$	364
No fixed maturity	10		—		10		—
	$	158	$	148	$	374	$	364