Quarterly report pursuant to Section 13 or 15(d)

Inventories (Tables)

v3.22.2.2
Inventories (Tables)
 6 Months Ended
Aug. 31, 2022
Inventory Disclosure [Abstract]  
Schedule of Components of Inventories Elements of cost include materials, labor, and overhead and consist of the following:
August 31,
2022		 February 28,
2022
(in millions)
Raw materials and supplies $ 225.0  $ 185.3 
In-process inventories 851.6  804.8 
Finished case goods 574.4  583.1 
$ 1,651.0  $ 1,573.2 
We evaluated the carrying value of certain inventories and recognized the following in cost of product sold within our consolidated results of operations:
For the Six Months
Ended August 31,		 For the Three Months
Ended August 31,
2022
2021 (1)
2022
2021 (1)
(in millions)
Loss on inventory write-down $ 11.2  $ 82.6  $ 5.1  $ 66.6 
(1)We recognized a loss predominantly from excess inventory of hard seltzers, within the Beer segment, largely resulting from a slowdown in the overall category which occurred in Fiscal 2022.