Debt (Tables)

9 Months Ended

Nov. 30, 2021

Debt Disclosure [Abstract]

Schedule Of Debt

Debt

(In thousands)		As of November 30		As of February 28
Debt Description (1)	Maturity Date	2021		2021
Revolving credit facility (2)	June 2024	$	588,100	$	—
Term loan (2)	June 2024	300,000		300,000
Term loan (2)	October 2026	699,318		—
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	527,260		533,578
Non-recourse notes payable	Various dates through August 2028	15,416,457		13,764,808
Total debt		18,031,135		15,098,386
Less: current portion		(546,035)		(452,579)
Less: unamortized debt issuance costs		(26,236)		(25,888)
Long-term debt, net		$	17,458,864	$	14,619,919

 (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), or the successor benchmark rate, 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:
December 2021 expiration	$	0.18
February 2022 expiration	2.35
August 2022 expiration	2.30
Combined warehouse facility limit	$	4.83
Unused capacity	$	1.67
Non-recourse notes payable outstanding:
Warehouse facilities	$	3.16
Asset-backed term funding transactions	12.26
Non-recourse notes payable	$	15.42