Intangible Assets (Tables)

12 Months Ended

Feb. 28, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Major components of intangible assets, Amortizable intangible assets

The major components of intangible assets are as follows:

	February 28, 2025				February 29, 2024
	Gross Carrying Amount		Net Carrying Amount		Gross Carrying Amount		Net Carrying Amount
(in millions)
Amortizable intangible assets
Customer relationships	$	85.3	$	14.9	$	85.3	$	16.2
Other	20.7		0.3		20.8		0.3
Total	$	106.0	15.2		$	106.1	16.5
Nonamortizable intangible assets
Trademarks (1)			2,517.1				2,715.2
Total intangible assets			$	2,532.3			$	2,731.7

(1)The balance at February 28, 2025, was impacted by (i) assets reclassified to held for sale and (ii) a wine asset impairment.

Major components of intangible assets, Nonamortizable intangible assets

The major components of intangible assets are as follows:

	February 28, 2025				February 29, 2024
	Gross Carrying Amount		Net Carrying Amount		Gross Carrying Amount		Net Carrying Amount
(in millions)
Amortizable intangible assets
Customer relationships	$	85.3	$	14.9	$	85.3	$	16.2
Other	20.7		0.3		20.8		0.3
Total	$	106.0	15.2		$	106.1	16.5
Nonamortizable intangible assets
Trademarks (1)			2,517.1				2,715.2
Total intangible assets			$	2,532.3			$	2,731.7

(1)The balance at February 28, 2025, was impacted by (i) assets reclassified to held for sale and (ii) a wine asset impairment.

Estimated amortization expense

Estimated amortization expense for each of the five succeeding fiscal years and thereafter is as follows:

(in millions)
Fiscal 2026	$	1.3
Fiscal 2027	$	1.3
Fiscal 2028	$	1.3
Fiscal 2029	$	1.3
Fiscal 2030	$	1.3
Thereafter	$	8.7