Annual report [Section 13 and 15(d), not S-K Item 405]

Intangible Assets (Tables)

v3.25.1
Intangible Assets (Tables)
 12 Months Ended
Feb. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Major components of intangible assets, Amortizable intangible assets
The major components of intangible assets are as follows:
February 28, 2025 February 29, 2024
Gross
Carrying
Amount		 Net
Carrying
Amount		 Gross
Carrying
Amount		 Net
Carrying
Amount
(in millions)
Amortizable intangible assets
Customer relationships $ 85.3  $ 14.9  $ 85.3  $ 16.2 
Other 20.7  0.3  20.8  0.3 
Total $ 106.0  15.2  $ 106.1  16.5 
Nonamortizable intangible assets
Trademarks (1)
2,517.1  2,715.2 
Total intangible assets $ 2,532.3  $ 2,731.7 
(1)The balance at February 28, 2025, was impacted by (i) assets reclassified to held for sale and (ii) a wine asset impairment.
Major components of intangible assets, Nonamortizable intangible assets
The major components of intangible assets are as follows:
February 28, 2025 February 29, 2024
Gross
Carrying
Amount		 Net
Carrying
Amount		 Gross
Carrying
Amount		 Net
Carrying
Amount
(in millions)
Amortizable intangible assets
Customer relationships $ 85.3  $ 14.9  $ 85.3  $ 16.2 
Other 20.7  0.3  20.8  0.3 
Total $ 106.0  15.2  $ 106.1  16.5 
Nonamortizable intangible assets
Trademarks (1)
2,517.1  2,715.2 
Total intangible assets $ 2,532.3  $ 2,731.7 
(1)The balance at February 28, 2025, was impacted by (i) assets reclassified to held for sale and (ii) a wine asset impairment.
Estimated amortization expense
Estimated amortization expense for each of the five succeeding fiscal years and thereafter is as follows:
(in millions)
Fiscal 2026 $ 1.3 
Fiscal 2027 $ 1.3 
Fiscal 2028 $ 1.3 
Fiscal 2029 $ 1.3 
Fiscal 2030 $ 1.3 
Thereafter $ 8.7