Inventories (Tables)

12 Months Ended

Feb. 29, 2024

Inventory Disclosure [Abstract]

Components of inventories

The components of inventories are as follows:

	February 29, 2024		February 28, 2023
(in millions)
Raw materials and supplies	$	254.1	$	245.5
In-process inventories	1,096.0		967.8
Finished case goods	728.2		685.4
	$	2,078.3	$	1,898.7

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 Years Ended
	February 29, 2024		February 28, 2023		February 28, 2022 (1)
(in millions)
Loss on inventory write-down	$	19.4	$	23.1	$	87.7

(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 early Fiscal 2022.