Restructuring (Tables)

6 Months Ended

Aug. 31, 2026

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 Six Months Ended August 31,				For the Three Months Ended August 31,
	2026		2025		2026		2025
(in millions)



Consulting services	4.3		21.5		3.8		8.2
Other	1.2		0.1		1.1		0.1
	$	5.5	$	21.6	$	4.9	$	8.3

Since the inception of the 2025 Restructuring Initiative, we have incurred the following pre-tax restructuring costs:


	Cumulative Costs as of August 31, 2026		Percent of Total Costs
(in millions)


Employee termination	$	62.0	49	%
Consulting services	59.8		47	%
Other	5.6		4	%
	$	127.4	100	%

The activity for the restructuring costs discussed above and the related accruals are as follows:


	Employee Termination		Consulting Services		Other		Total
(in millions)
Balance at February 28, 2026 (1)	$	18.6	$	29.9	$	4.2	$	52.7
Restructuring costs	—		4.3		0.1		4.4
Cash payments	(13.4)		(30.6)		(3.9)		(47.9)

Balance at August 31, 2026 (1)	$	5.2	$	3.6	$	0.4	$	9.2

(1)The total accrual was recorded in accrued restructuring within other accrued expenses and liabilities on our consolidated balance sheets.