Annual report pursuant to Section 13 and 15(d)

Goodwill

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Goodwill
 12 Months Ended
Feb. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL 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)
—  6.5  6.5 
Foreign currency translation adjustments 49.3  (0.9) 48.4 
Balance, February 29, 2024 $ 5,238.2  $ 2,742.1  $ 7,980.3 
(1)Purchase accounting allocations associated with the acquisitions of Austin Cocktails, Lingua Franca, and My Favorite Neighbor.
(2)Preliminary purchase accounting allocations associated with the acquisition of Domaine Curry.

If broader industry and market conditions decline and/or our expectations of future performance as reflected in our current strategic operating plans are not fully realized, a future impairment of Wine and Spirits goodwill is reasonably possible.