Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.22.1
Intangible Assets (Tables)
 12 Months Ended
Feb. 28, 2022
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, 2022 February 28, 2021
Gross
Carrying
Amount		 Net
Carrying
Amount		 Gross
Carrying
Amount		 Net
Carrying
Amount
(in millions)
Amortizable intangible assets
Customer relationships $ 87.1  $ 21.7  $ 87.2  $ 26.3 
Other 20.9  —  21.1  0.2 
Total $ 108.0  21.7  $ 108.3  26.5 
Nonamortizable intangible assets
Trademarks 2,733.5  2,705.6 
Total intangible assets $ 2,755.2  $ 2,732.1 
Major components of intangible assets, Nonamortizable intangible assets
The major components of intangible assets are as follows:
February 28, 2022 February 28, 2021
Gross
Carrying
Amount		 Net
Carrying
Amount		 Gross
Carrying
Amount		 Net
Carrying
Amount
(in millions)
Amortizable intangible assets
Customer relationships $ 87.1  $ 21.7  $ 87.2  $ 26.3 
Other 20.9  —  21.1  0.2 
Total $ 108.0  21.7  $ 108.3  26.5 
Nonamortizable intangible assets
Trademarks 2,733.5  2,705.6 
Total intangible assets $ 2,755.2  $ 2,732.1 
Estimated amortization expense
Estimated amortization expense for each of the five succeeding fiscal years and thereafter is as follows:
(in millions)
Fiscal 2023 $ 3.2 
Fiscal 2024 $ 1.4 
Fiscal 2025 $ 1.4 
Fiscal 2026 $ 1.4 
Fiscal 2027 $ 1.4 
Thereafter $ 12.9