Annual report pursuant to Section 13 and 15(d)

Inventories

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Inventories
 12 Months Ended
Feb. 29, 2024
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
The components of inventories are as follows:
February 29,
2024		 February 28,
2023
(in millions)
Raw materials and supplies $ 254.1  $ 245.5 
In-process inventories 1,096.0  967.8 
Finished case goods 728.2  685.4 
$ 2,078.3  $ 1,898.7 

We evaluated the carrying value of certain inventories and recognized the following in cost of product sold within our consolidated results of operations:
For the Years Ended
February 29,
2024		 February 28,
2023
February 28, 2022 (1)
(in millions)
Loss on inventory write-down $ 19.4  $ 23.1  $ 87.7 
(1)We recognized a loss predominantly from excess inventory of hard seltzers, within the Beer segment, largely resulting from a slowdown in the overall category which occurred in early Fiscal 2022.