Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.23.2
Intangible Assets
3 Months Ended
May 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
The major components of intangible assets are as follows:
May 31, 2023 February 28, 2023
Gross
Carrying
Amount
Net
Carrying
Amount
Gross
Carrying
Amount
Net
Carrying
Amount
(in millions)
Amortizable intangible assets
Customer relationships $ 85.4  $ 17.2  $ 85.7  $ 17.7 
Other 20.4  —  20.8  — 
Total $ 105.8  17.2  $ 106.5  17.7 
Nonamortizable intangible assets
Trademarks 2,710.2  2,710.4 
Total intangible assets $ 2,727.4  $ 2,728.1 

We did not incur costs to renew or extend the term of acquired intangible assets for the three months ended May 31, 2023, and May 31, 2022. Net carrying amount represents the gross carrying value net of accumulated amortization.