Annual report pursuant to Section 13 and 15(d)

Prepaid Expenses and Other

v3.23.1
Prepaid Expenses and Other
12 Months Ended
Feb. 28, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
PREPAID EXPENSES AND OTHER PREPAID EXPENSES AND OTHER
The major components of prepaid expenses and other are as follows:
February 28,
2023
February 28,
2022
(in millions)
Derivative assets $ 136.2  $ 92.6 
Prepaid taxes 129.5  254.1 
Value added taxes receivable 100.5  193.0 
Income taxes receivable 73.7  27.2 
Assets held for sale (1)
7.7  — 
Other 114.7  91.2 
$ 562.3  $ 658.1 
(1)Assets held for sale balance at February 28, 2023, includes current assets related to the Mexicali Brewery. See “Mexicali Brewery” within Note 5 for further discussion.