v3.26.1
Restructuring (Tables)
3 Months Ended
May 31, 2026
Restructuring Charges [Abstract]  
Restructuring and Related Costs
We recognized pre-tax restructuring costs within selling, general, and administrative expenses in our consolidated results related to the 2025 Restructuring Initiative as follows:
For the Three Months
Ended May 31,
20262025
(in millions)
Consulting services$0.5$13.3
Other
0.1
$0.6$13.3

Since the inception of the 2025 Restructuring Initiative, we have incurred the following pre-tax restructuring costs:
Cumulative
Costs as of
May 31, 2026
Percent of
Total Costs
(in millions)
Employee termination
$62.051 %
Consulting services56.046 %
Other
4.5%
$122.5100 %
The activity for the restructuring costs discussed above and the related accruals are as follows:
Employee
Termination
Consulting
Services
OtherTotal
(in millions)
Balance at February 28, 2026 (1)
$18.6$29.9$4.2$52.7
Restructuring costs
0.50.10.6
Cash payments(8.5)(20.2)(1.3)(30.0)
Balance at May 31, 2026 (1)
$10.1$10.2$3.0$23.3
(1)The total accrual was recorded in accrued restructuring within other accrued expenses and liabilities on our consolidated balance sheets.