Equity Method Investments (Tables)

9 Months Ended

Nov. 30, 2023

Equity Method Investments and Joint Ventures [Abstract]

Equity method investments

Our equity method investments are as follows:

	November 30, 2023				February 28, 2023
	Carrying Value		Ownership Percentage		Carrying Value		Ownership Percentage
(in millions)
Canopy Equity Method Investment (1)	$	73.6	20.7	%	$	485.8	34.7	%
Other equity method investments	159.7		20%-50%		177.5		20%-50%
	$	233.3			$	663.3

(1)The fair value based on the closing price of the underlying equity security as of November 30, 2023, and February 28, 2023, was $94.8 million and $398.4 million, respectively.

Amounts included in our consolidated results of operations for each period are as follows:

	For the Nine Months Ended November 30,				For the Three Months Ended November 30,
	2023		2022		2023		2022
(in millions)
Equity in earnings (losses) from Canopy and related activities	$	(288.3)	$	(876.5)	$	(56.5)	$	(60.8)