Quarterly report pursuant to Section 13 or 15(d)

Other Assets

v3.10.0.1
Other Assets
 9 Months Ended
Nov. 30, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER ASSETS
OTHER ASSETS:

The major components of other assets are as follows:
 
November 30,
2018
 
February 28,
2018
(in millions)
 
 
 
Deferred income taxes (see Note 2)
$
2,177.7

 
$
—

Investments in securities measured at fair value
2,048.1

 
672.2

Other
87.2

 
93.4

 
$
4,313.0

 
$
765.6



Sale of Accolade Wine Investment –
In May 2018, we completed the sale of our remaining interest in our previously-owned Australian and European business (the “Accolade Wine Investment”) for A$149.1 million, or $113.6 million, subject to closing adjustments. We received cash proceeds, net of direct costs to sell, of $110.2 million and a note receivable of $3.4 million. This interest consisted of an investment accounted for under the cost method and AFS debt securities. For the nine months ended November 30, 2018, we recognized a net gain of $99.8 million in connection with this transaction. This net gain is included in income (loss) from unconsolidated investments.