Quarterly report pursuant to Section 13 or 15(d)

Inventories

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Inventories
9 Months Ended
Nov. 30, 2024
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories are stated at the lower of cost (primarily computed in accordance with the first-in, first-out method) or net realizable value. Elements of cost include materials, labor, and overhead and consist of the following:
November 30,
2024
February 29,
2024
(in millions)
Raw materials and supplies $ 244.8  $ 254.1 
In-process inventories 1,198.9  1,096.0 
Finished case goods 685.9  728.2 
$ 2,129.6  $ 2,078.3 

The inventories balance at November 30, 2024, exclude amounts reclassified to assets held for sale. See Notes 5 and 7 for further discussion.