Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.5.0.1
Intangible Assets (Tables)
3 Months Ended
May 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Major components of intangible assets
The major components of intangible assets are as follows:
 
May 31, 2016
 
February 29, 2016
 
Gross
Carrying
Amount
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Net
Carrying
Amount
(in millions)
 
 
 
 
 
 
 
Amortizable intangible assets
 
 
 
 
 
 
 
Customer relationships
$
104.7

 
$
60.8

 
$
102.5

 
$
60.2

Favorable interim supply agreement
68.3

 

 
68.3

 
2.2

Other
22.5

 
3.4

 
22.3

 
3.5

Total
$
195.5

 
64.2

 
$
193.1

 
65.9

 
 
 
 
 
 
 
 
Nonamortizable intangible assets
 
 
 
 
 
 
 
Trademarks
 
 
3,372.0

 
 
 
3,333.8

Other
 
 
4.2

 
 
 
4.1

Total
 
 
3,376.2

 
 
 
3,337.9

Total intangible assets
 
 
$
3,440.4

 
 
 
$
3,403.8

Estimated amortization expense
Estimated amortization expense for the remaining nine months of fiscal 2017 and for each of the five succeeding fiscal years and thereafter is as follows:
(in millions)
 
2017
$
6.3

2018
$
6.2

2019
$
6.2

2020
$
5.9

2021
$
5.6

2022
$
5.3

Thereafter
$
28.7