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

Other Accrued Expenses and Liabilities (Tables)

v3.25.1
Other Accrued Expenses and Liabilities (Tables)
12 Months Ended
Feb. 28, 2025
Payables and Accruals [Abstract]  
Components of other accrued expenses and liabilities
The major components of other accrued expenses and liabilities are as follows:
February 28,
2025
February 29,
2024
(in millions)
Salaries, commissions, and payroll benefits and withholdings $ 155.3  $ 197.8 
Promotions and advertising 133.7  146.7 
Accrued interest 98.7  110.7 
Contract liabilities
91.5  34.6 
Operating lease liability 76.7  89.6 
Accrued excise taxes 49.8  51.0 
Accrued restructuring (1)
49.7  — 
Derivative liabilities 46.6  33.1 
Accrued insurance, property, and other taxes 34.4  28.4 
Liabilities held for sale
33.7  — 
Other 116.6  144.5 
$ 886.7  $ 836.4 
(1)Represents amounts accrued as of February 28, 2025 in connection with the 2025 Restructuring Initiative.