v3.25.4
Goodwill
 9 Months Ended
Nov. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL GOODWILL
The changes in the carrying amount of goodwill are as follows:
BeerWine and SpiritsConsolidated
(in millions)
Balance at February 29, 2024$5,238.2 $2,742.1 $7,980.3 
Purchase accounting allocations (1)
— 71.2 71.2 
Foreign currency translation adjustments(111.4)0.6 (110.8)
Goodwill impairment (2)
— (2,740.7)(2,740.7)
SVEDKA Divestiture (3)
— (73.2)(73.2)
Balance at February 28, 20255,126.8 — 5,126.8 
Foreign currency translation adjustments63.8 — 63.8 
Balance at November 30, 2025$5,190.6 $— $5,190.6 
(1)Purchase accounting allocations associated with the Sea Smoke acquisition.
(2)In connection with continued negative trends within our Wine and Spirits business primarily attributable to our U.S. wholesale market, driven by declines in both the overall wine market and in our then-owned mainstream and premium wine brands, management updated its Fiscal 2025 outlook and financial projections for this reporting unit. Based on the aforementioned factors, we performed quantitative assessments that led to goodwill impairments which resulted in the carrying value being written down to zero.
(3)Amount was based on the relative fair value of the portion of the business sold and the remaining wine and spirits portfolio. The relative fair values were determined using the transaction price and the income approach based on assumptions, including projected revenue growth, terminal growth, and discount rates and other projected financial information.