Debt (Tables)

3 Months Ended

May 31, 2023

Debt Disclosure [Abstract]

Schedule Of Debt

(In thousands)		As of May 31		As of February 28
Debt Description (1)	Maturity Date	2023		2023
Revolving credit facility (2)	June 2024	$	—	$	—
Term loan (2)	June 2024	300,000		300,000
Term loan (2)	October 2026	699,528		699,493
3.86% Senior notes	April 2023	—		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	519,994		522,526
Non-recourse notes payable	Various dates through November 2029	16,779,798		16,360,092
Total debt		18,699,320		18,382,111
Less: current portion		(513,638)		(579,468)
Less: unamortized debt issuance costs		(26,228)		(27,506)
Long-term debt, net		$	18,159,454	$	17,775,137

 (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:
August 2023 expiration	2.30
December 2023 expiration	0.50
February 2024 expiration	2.80
Combined warehouse facility limit	$	5.60
Unused capacity	$	1.36
Non-recourse notes payable outstanding:
Warehouse facilities	$	4.24
Asset-backed term funding transactions	12.54
Non-recourse notes payable	$	16.78