Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.19.3
Intangible Assets
 6 Months Ended
Aug. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS

The major components of intangible assets are as follows:
 
August 31, 2019
 
February 28, 2019
 
Gross
Carrying
Amount
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Net
Carrying
Amount
(in millions)
 
 
 
 
 
 
 
Amortizable intangible assets
 
 
 
 
 
 
 
Customer relationships
$
89.9

 
$
36.4

 
$
89.9

 
$
39.1

Other
20.4

 
0.6

 
20.5

 
0.9

Total
$
110.3

 
37.0

 
$
110.4

 
40.0

 
 
 
 
 
 
 
 
Nonamortizable intangible assets
 
 
 
 
 
 
 
Trademarks (1)
 
 
2,750.0

 
 
 
3,158.1

Total intangible assets
 
 
$
2,787.0

 
 
 
$
3,198.1


(1) 
The intangible assets balance at August 31, 2019, excludes trademarks reclassified to assets held for sale (see Note 4).

We did not incur costs to renew or extend the term of acquired intangible assets for the six months and three months ended August 31, 2019, and August 31, 2018. Net carrying amount represents the gross carrying value net of accumulated amortization.