Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.21.1
Intangible Assets (Tables)
 12 Months Ended
Feb. 28, 2021
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, 2021 February 29, 2020
Gross
Carrying
Amount		 Net
Carrying
Amount		 Gross
Carrying
Amount		 Net
Carrying
Amount
(in millions)
Amortizable intangible assets
Customer relationships $ 87.2  $ 26.3  $ 87.4  $ 31.8 
Other 21.1  0.2  20.2  0.3 
Total $ 108.3  26.5  $ 107.6  32.1 
Nonamortizable intangible assets
Trademarks 2,705.6  2,686.8 
Total intangible assets $ 2,732.1  $ 2,718.9 
Major components of intangible assets, Nonamortizable intangible assets
The major components of intangible assets are as follows:
February 28, 2021 February 29, 2020
Gross
Carrying
Amount		 Net
Carrying
Amount		 Gross
Carrying
Amount		 Net
Carrying
Amount
(in millions)
Amortizable intangible assets
Customer relationships $ 87.2  $ 26.3  $ 87.4  $ 31.8 
Other 21.1  0.2  20.2  0.3 
Total $ 108.3  26.5  $ 107.6  32.1 
Nonamortizable intangible assets
Trademarks 2,705.6  2,686.8 
Total intangible assets $ 2,732.1  $ 2,718.9 
Estimated amortization expense
Estimated amortization expense for each of the five succeeding fiscal years and thereafter is as follows:
(in millions)
2022 $ 5.1 
2023 $ 3.2 
2024 $ 1.4 
2025 $ 1.4 
2026 $ 1.4 
Thereafter $ 14.0