Restructuring (Tables)

6 Months Ended

Aug. 31, 2025

Restructuring Charges [Abstract]

Restructuring and Related Costs

We recognized pre-tax restructuring costs in connection with the 2025 Restructuring Initiative as follows:

	Results of Operations Location	For the Six Months Ended August 31, 2025		For the Three Months Ended August 31, 2025
(in millions)
Consulting services	Selling, general, and administrative expenses	$	21.5	$	8.2
Other costs	Selling, general, and administrative expenses	0.1		0.1
		$	21.6	$	8.3

Since the inception of the 2025 Restructuring Initiative, we have incurred the following pre-tax restructuring costs:

	Cumulative Costs as of August 31, 2025		Percent of Total Costs
(in millions)
Employee termination	$	46.9	66	%
Consulting services	24.3		34	%
Other costs	0.1		0	%
	$	71.3	100	%

The activity for the restructuring costs discussed above and the related accruals are as follows:

	Employee Termination		Consulting Services		Other		Total
(in millions)
Balance at February 28, 2025	$	46.9	$	2.8	$	—	$	49.7
Restructuring costs	—		21.5		0.1		21.6
Cash payments	(28.8)		(13.7)		—		(42.5)
Balance at August 31, 2025 (1)	$	18.1	$	10.6	$	0.1	$	28.8

(1)The total accrual was recorded in accrued restructuring within other accrued expenses and liabilities in our consolidated balance sheets.