Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.23.1
Intangible Assets (Tables)
 12 Months Ended
Feb. 28, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Major components of intangible assets, Amortizable intangible assets
The major components of intangible assets are as follows:
February 28, 2023 February 28, 2022
Gross
Carrying
Amount		 Net
Carrying
Amount		 Gross
Carrying
Amount		 Net
Carrying
Amount
(in millions)
Amortizable intangible assets
Customer relationships $ 85.7  $ 17.7  $ 87.1  $ 21.7 
Other 20.8  —  20.9  — 
Total $ 106.5  17.7  $ 108.0  21.7 
Nonamortizable intangible assets
Trademarks 2,710.4  2,733.5 
Total intangible assets $ 2,728.1  $ 2,755.2 
Major components of intangible assets, Nonamortizable intangible assets
The major components of intangible assets are as follows:
February 28, 2023 February 28, 2022
Gross
Carrying
Amount		 Net
Carrying
Amount		 Gross
Carrying
Amount		 Net
Carrying
Amount
(in millions)
Amortizable intangible assets
Customer relationships $ 85.7  $ 17.7  $ 87.1  $ 21.7 
Other 20.8  —  20.9  — 
Total $ 106.5  17.7  $ 108.0  21.7 
Nonamortizable intangible assets
Trademarks 2,710.4  2,733.5 
Total intangible assets $ 2,728.1  $ 2,755.2 
Estimated amortization expense
Estimated amortization expense for each of the five succeeding fiscal years and thereafter is as follows:
(in millions)
Fiscal 2024 $ 1.4 
Fiscal 2025 $ 1.3 
Fiscal 2026 $ 1.3 
Fiscal 2027 $ 1.3 
Fiscal 2028 $ 1.3 
Thereafter $ 11.1