Annual report pursuant to Section 13 and 15(d)

Goodwill

v3.23.1
Goodwill
 12 Months Ended
Feb. 28, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL GOODWILL
The changes in the carrying amount of goodwill are as follows:
Beer Wine and Spirits Consolidated
(in millions)
Balance, February 28, 2021 $ 5,125.6  $ 2,667.9  $ 7,793.5 
Purchase accounting allocations (1)
—  79.6  79.6 
Foreign currency translation adjustments (4.9) (5.8) (10.7)
Balance, February 28, 2022 5,120.7  2,741.7  7,862.4 
Purchase accounting allocations (2)
—  26.3  26.3 
2022 Wine Divestiture —  (24.5) (24.5)
Foreign currency translation adjustments 68.2  (7.0) 61.2 
Balance, February 28, 2023 $ 5,188.9  $ 2,736.5  $ 7,925.4 
(1)Preliminary purchase accounting allocations associated with the acquisition of My Favorite Neighbor and purchase accounting allocations associated with the acquisition of Empathy Wines.
(2)Purchase accounting allocations associated with the acquisitions of Austin Cocktails, Lingua Franca, and My Favorite Neighbor.