Annual report pursuant to Section 13 and 15(d)

Income Taxes - Reconciliation of Income Tax Provisions (Details)

v3.23.1
Income Taxes - Reconciliation of Income Tax Provisions (Details) - USD ($)
$ in Millions
12 Months Ended
Feb. 28, 2023
Feb. 28, 2022
Feb. 28, 2021
Amount      
Income tax provision (benefit) at statutory rate $ 80.6 $ 65.2 $ 534.0
Net income tax benefit from the realization of tax losses related to a prior period divestiture (0.434) 0 0
Effective Income Tax Rate Reconciliation, Prior Period Divestiture, Amount $ (166.4) $ 0.0 $ 0.0
State and local income taxes, net of federal income tax benefit 3.4 (77.8) 39.0
Net income tax provision (benefit) from legislative changes 10.9 11.9 10.9
Earnings taxed at other than U.S. statutory rate (49.2) (33.2) (84.4)
Excess tax benefits from stock-based compensation awards (5.2) (48.0) (29.4)
Net income tax provision (benefit) recognized for adjustment to valuation allowance (5) 557.6 385.5 27.1
Miscellaneous items, net (9.6) 5.8 13.9
Income tax provision (benefit) $ 422.1 $ 309.4 $ 511.1
% of Pretax Income (Loss)      
Income tax provision (benefit) at statutory rate 21.00% 21.00% 21.00%
State and local income taxes, net of federal income tax benefit 0.90% (25.00%) 1.50%
Net income tax provision (benefit) from legislative changes 2.80% 3.80% 0.40%
Earnings taxed at other than U.S. statutory rate (12.80%) (10.70%) (3.20%)
Excess tax benefits from stock-based compensation awards (1.40%) (15.50%) (1.20%)
Net income tax provision (benefit) recognized for adjustment to valuation allowance (5) 145.40% 124.20% 1.10%
Miscellaneous items, net (2.50%) 1.90% 0.50%
Income tax provision (benefit) at effective rate 110.00% 99.70% 20.10%