Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.20.1
Intangible Assets (Tables)
 12 Months Ended
Feb. 29, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Major components of intangible assets, Amortizable intangible assets

The major components of intangible assets are as follows:
 
February 29, 2020
 
February 28, 2019
 
Gross
Carrying
Amount
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Net
Carrying
Amount
(in millions)
 
 
 
 
 
 
 
Amortizable intangible assets
 
 
 
 
 
 
 
Customer relationships
$
87.4

 
$
31.8

 
$
89.9

 
$
39.1

Other
20.2

 
0.3

 
20.5

 
0.9

Total
$
107.6

 
32.1

 
$
110.4

 
40.0

 
 
 
 
 
 
 
 
Nonamortizable intangible assets
 
 
 
 
 
 
 
Trademarks
 
 
2,686.8

 
 
 
3,158.1

Total intangible assets (1)
 
 
$
2,718.9

 
 
 
$
3,198.1


(1) 
The balance at February 29, 2020, excludes intangible assets reclassified to assets held for sale, which consist primarily of trademarks.

Major components of intangible assets, Nonamortizable intangible assets

The major components of intangible assets are as follows:
 
February 29, 2020
 
February 28, 2019
 
Gross
Carrying
Amount
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Net
Carrying
Amount
(in millions)
 
 
 
 
 
 
 
Amortizable intangible assets
 
 
 
 
 
 
 
Customer relationships
$
87.4

 
$
31.8

 
$
89.9

 
$
39.1

Other
20.2

 
0.3

 
20.5

 
0.9

Total
$
107.6

 
32.1

 
$
110.4

 
40.0

 
 
 
 
 
 
 
 
Nonamortizable intangible assets
 
 
 
 
 
 
 
Trademarks
 
 
2,686.8

 
 
 
3,158.1

Total intangible assets (1)
 
 
$
2,718.9

 
 
 
$
3,198.1


(1) 
The balance at February 29, 2020, excludes intangible assets reclassified to assets held for sale, which consist primarily of trademarks.
Estimated amortization expense Estimated amortization expense for each of the five succeeding fiscal years and thereafter is as follows:
(in millions)
 
2021
$
5.3

2022
$
5.0

2023
$
3.1

2024
$
1.5

2025
$
1.5

Thereafter
$
15.7