Debt (Tables)

9 Months Ended

Nov. 30, 2020

Debt Disclosure [Abstract]

Schedule Of Debt

Debt

(In thousands)		As of November 30		As of February 29
Debt Description (1)	Maturity Date	2020		2020
Revolving credit facility (2)	June 2024	$	1,008	$	452,740
Term loan	June 2024	300,000		300,000
3.86% Senior notes	April 2023	100,000		100,000
4.17% Senior notes	April 2026	200,000		200,000
4.27% Senior notes	April 2028	200,000		200,000
Financing obligations	Various dates through February 2059	531,030		536,739
Non-recourse notes payable	Various dates through September 2027	13,620,332		13,613,272
Total debt		14,952,370		15,402,751
Less: current portion		(446,136)		(433,456)
Less: unamortized debt issuance costs		(25,234)		(25,240)
Long-term debt, net		$	14,481,000	$	14,944,055

 (1)    Interest is payable monthly, with the exception of our senior notes, which are payable semi-annually.

 (2)    Borrowings accrue interest at variable rates based on the Eurodollar rate (LIBOR), the federal funds rate, or the prime rate, depending on the type of borrowing.

Schedule of Funding Vehicles [Table Text Block]

(In billions)	Capacity
Warehouse facilities:
February 2021 expiration	$	1.95
August 2021 expiration	1.40
September 2021 expiration	0.18
Combined warehouse facility limit	$	3.53
Unused capacity	$	1.22
Non-recourse notes payable outstanding:
Warehouse facilities	$	2.31
Asset-backed term funding transactions	11.31
Non-recourse notes payable	$	13.62