Annual report pursuant to Section 13 and 15(d)

Equity Method Investments (Tables)

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Equity Method Investments (Tables)
 12 Months Ended
Feb. 29, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Equity method investments
Our equity method investments are as follows:
February 29, 2024 February 28, 2023
Carrying Value Ownership Percentage Carrying Value Ownership Percentage
(in millions)
Canopy Equity Method Investment (1)
$ 42.5  20.7  % $ 485.8  34.7  %
Other equity method investments 128.1 
20%-50%
 177.5 
20%-50%
$ 170.6  $ 663.3 
(1)The fair value based on the closing price of the underlying equity security as of February 29, 2024, and February 28, 2023, was $56.1 million and $398.4 million, respectively.
Amounts included in our consolidated results of operations for each period are as follows:
For the Years Ended
February 29,
2024		 February 28,
2023		 February 28,
2022
(in millions)
Equity in earnings (losses) from Canopy and related activities
 $ (321.3) $ (949.3) $ (73.6)
The amounts shown represent 100% of Canopy’s financial position and results of operations for the respective periods.
February 29, 2024 February 28, 2023
(in millions)
Current assets $ 300.0  $ 865.4 
Noncurrent assets $ 726.8  $ 1,362.9 
Current liabilities $ 167.1  $ 500.8 
Noncurrent liabilities $ 448.3  $ 665.2 
Noncontrolling interests $ 0.1  $ 2.1 
For the Years Ended
February 29,
2024		 February 28,
2023		 February 28,
2022
(in millions)
Net sales $ 254.9  $ 339.3  $ 444.3 
Gross profit (loss) $ (22.4) $ (125.7) $ (18.6)
Net income (loss) $ (915.7) $ (2,466.0) $ (274.3)
Net income (loss) attributable to Canopy $ (897.5) $ (2,447.9) $ 328.7