Inventories (Tables)

6 Months Ended

Aug. 31, 2022

Inventory Disclosure [Abstract]

Schedule of Components of Inventories

Elements of cost include materials, labor, and overhead and consist of the following:

	August 31, 2022		February 28, 2022
(in millions)
Raw materials and supplies	$	225.0	$	185.3
In-process inventories	851.6		804.8
Finished case goods	574.4		583.1
	$	1,651.0	$	1,573.2

We evaluated the carrying value of certain inventories and recognized the following in cost of product sold within our consolidated results of operations:

	For the Six Months Ended August 31,				For the Three Months Ended August 31,
	2022		2021 (1)		2022		2021 (1)
(in millions)
Loss on inventory write-down	$	11.2	$	82.6	$	5.1	$	66.6

(1)We recognized a loss predominantly from excess inventory of hard seltzers, within the Beer segment, largely resulting from a slowdown in the overall category which occurred in Fiscal 2022.