Other Assets (Tables)

3 Months Ended

May 31, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Components of other assets

The major components of other assets are as follows:

	May 31, 2024		February 29, 2024
(in millions)
Operating lease right-of-use asset	$	606.2	$	615.3
Derivative assets	146.7		154.9
Equity method investments	126.9		170.6
Exchangeable Shares	97.3		—
Other investments in debt and equity securities	86.0		73.0
Assets held for sale	26.1		25.7
Other	107.3		100.5
	$	1,196.5	$	1,140.0

Equity method investments

The carrying value of our equity method investments are as follows:

	May 31, 2024		February 29, 2024
(in millions)
Canopy Equity Method Investment (1)	$	—	$	42.5
Other equity method investments	126.9		128.1
	$	126.9	$	170.6

(1)Following the April 2024 conversion to Exchangeable Shares we no longer apply the equity method.