Quarterly report pursuant to Section 13 or 15(d)

Business Segment Information - Comparable Adjustments (Details)

v3.24.3
Business Segment Information - Comparable Adjustments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Aug. 31, 2024
Aug. 31, 2023
Aug. 31, 2024
Aug. 31, 2023
Cost of product sold        
Net gain (loss) on undesignated commodity derivative contracts $ (55.0) $ 28.9 $ (36.4) $ 6.9
Comparable Adjustments, Cost of product sold (1,407.1) (1,386.9) (2,665.1) (2,644.0)
Selling, general, and administrative expenses        
Comparable Adjustments, Selling, general, and administrative expenses (491.2) (471.2) (953.4) (964.3)
Goodwill impairment (2,250.0) 0.0 (2,250.0) 0.0
Comparable Adjustments        
Cost of product sold        
Flow through of inventory step-up (1.3) (0.8) (2.4) (1.5)
Comparable Adjustments, Cost of product sold (18.6) 23.9 3.4 (10.9)
Selling, general, and administrative expenses        
Restructuring and other strategic business development costs (24.5) (3.4) (26.3) (18.3)
Transition services agreements activity (4.8) (7.0) (7.6) (12.7)
Transaction, integration, and other acquisition-related costs (0.6) (0.3) (0.8) (0.6)
Other gains (losses) (20.7) (2.3) (20.3) (9.1)
Comparable Adjustments, Selling, general, and administrative expenses (50.6) (13.0) (55.0) (40.7)
Comparable Adjustments, Operating income (loss) (2,319.2) 10.9 (2,301.6) (51.6)
Net loss on foreign currency as a result of the resolution of various tax examinations and assessments (20.7) 0.0 (20.7) 0.0
Gain (loss) on sale of business 0.0 (7.9) 0.0 (14.9)
Recognition of a previously deferred gain upon release of a related indemnity 0.0 5.6 0.0 5.6
Comparable Adjustments | Commodity derivative contracts        
Cost of product sold        
Settlements of undesignated commodity derivative contracts 7.0 5.6 15.5 6.2
Net gain (loss) on undesignated commodity derivative contracts $ (24.3) $ 19.1 $ (9.7) $ (15.6)