Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investments (Tables)

v3.23.3
Equity Method Investments (Tables)
6 Months Ended
Aug. 31, 2023
Equity Method Investments and Joint Ventures [Abstract]  
Equity method investments
Our equity method investments are as follows:
August 31, 2023 February 28, 2023
Carrying Value Ownership Percentage Carrying Value Ownership Percentage
(in millions)
Canopy Equity Method Investment (1)
$ 134.8  27.4  % $ 485.8  34.7  %
Other equity method investments 142.3 
20%-50%
177.5 
20%-50%
$ 277.1  $ 663.3 
(1)The fair value based on the closing price of the underlying equity security as of August 31, 2023, and February 28, 2023, was $97.8 million and $398.4 million, respectively.
Amounts included in our consolidated results of operations for each period are as follows:
For the Six Months
Ended August 31,
For the Three Months
Ended August 31,
2023 2022 2023 2022
(in millions)
Equity in earnings (losses) from Canopy and related activities $ (231.8) $ (815.7) $ (12.0) $ (650.7)