Quarterly report pursuant to Section 13 or 15(d)

Goodwill (Tables)

v3.23.3
Goodwill (Tables)
 6 Months Ended
Aug. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill
The changes in the carrying amount of goodwill are as follows:
Beer Wine and Spirits Consolidated
(in millions)
Balance, February 28, 2022 $ 5,120.7  $ 2,741.7  $ 7,862.4 
Purchase accounting allocations (1)
—  26.3  26.3 
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 
Purchase accounting allocations (2)
—  4.2  4.2 
Foreign currency translation adjustments 58.1  (2.1) 56.0 
Balance, August 31, 2023 $ 5,247.0  $ 2,738.6  $ 7,985.6 
(1)Purchase accounting allocations associated with the acquisitions of Austin Cocktails, Lingua Franca, and My Favorite Neighbor, LLC.
(2)Preliminary purchase accounting allocation associated with the June 2023 acquisition of the Domaine Curry wine brand.