Quarterly report pursuant to Section 13 or 15(d)

Business Segment Information - Comparable Adjustments (Details)

v3.23.3
Business Segment Information - Comparable Adjustments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Aug. 31, 2023
Aug. 31, 2022
Cost of product sold        
Net gain (loss) on undesignated commodity derivative contracts $ 28.9 $ (24.2) $ 6.9 $ 30.5
Comparable Adjustments, Cost of product sold (1,386.9) (1,329.2) (2,644.0) (2,437.4)
Selling, general, and administrative expenses        
Comparable Adjustments, Selling, general, and administrative expenses (471.2) (512.8) (964.3) (951.4)
Comparable Adjustments        
Cost of product sold        
Flow through of inventory step-up (0.8) (0.9) (1.5) (1.9)
Net flow through of reserved inventory 0.0 1.2 0.0 1.2
Recovery of (loss on) inventory write-down 0.0 0.0 0.0 0.2
Comparable Adjustments, Cost of product sold 23.9 (46.4) (10.9) (22.0)
Selling, general, and administrative expenses        
Restructuring and other strategic business development costs (3.4) (1.2) (18.3) (2.6)
Transition services agreements activity (7.0) (4.5) (12.7) (7.9)
Transaction, integration, and other acquisition-related costs (0.3) (0.5) (0.6) (0.7)
Costs associated with the Reclassification 0.0 (20.6) 0.2 (21.3)
Other gains (losses) (2.3) 3.6 (9.3) 8.8
Comparable Adjustments, Selling, general, and administrative expenses (13.0) (23.2) (40.7) (23.7)
Comparable Adjustments, Operating income (loss) 10.9 (69.6) (51.6) (45.7)
Gain (loss) on sale of business (7.9) 0.0 (14.9) 0.0
Recognition of a previously deferred gain upon release of a related indemnity 5.6 0.0 5.6 0.0
Decreases in estimated fair values of contingent liabilities associated with prior period acquisitions 0.0 4.4 0.0 4.4
Comparable Adjustments | Austin Cocktails Acquisition        
Selling, general, and administrative expenses        
Gain from remeasurement of previously held equity method investments 0.0 0.0 0.0 5.2
Comparable Adjustments | Commodity derivative contracts        
Cost of product sold        
Net gain (loss) on undesignated commodity derivative contracts 19.1 (15.4) (15.6) 33.1
Settlements of undesignated commodity derivative contracts $ 5.6 $ (31.3) $ 6.2 $ (54.6)