EQUITY-BASED COMPENSATION (Tables)

12 Months Ended

Feb. 28, 2026

Share-Based Payment Arrangement [Abstract]

Schedule of Equity-based Compensation Expense Recognized

Equity-based compensation expense recognized in the Consolidated Statements of Operations, net of forfeitures, was as follows (in millions):


	Fiscal 2025		Fiscal 2024		Fiscal 2023
RSUs	$	96.1	$	99.3	$	88.3
RSAs	—		0.2		3.2
Liability-classified awards	(0.6)		6.7		13.0
Total equity-based compensation expense	$	95.5	$	106.2	$	104.5
Total related tax benefit	$	14.4	$	14.7	$	19.5

Schedule of RSU and RSA Activity

The following summarizes the activity of RSUs during fiscal 2025:


	Time-Based			Performance-Based
	Number of shares (in millions)	Weighted average grant date fair value		Number of shares (in millions)	Weighted average grant date fair value
Unvested, February 22, 2025	3.3	$	20.18	4.2	$	20.45

Granted	3.9	21.04		2.3	21.62
Performance adjustment (1)	—	—		(0.4)	19.98

Vested	(2.8)	20.75		(1.7)	21.33
Forfeited or cancelled	(0.5)	20.49		(0.6)	20.55
Unvested, February 28, 2026	3.9	$	20.66	3.8	$	20.70

(1) Represents the adjustment of PBRSUs based on actual fiscal 2024 performance relative to the fiscal 2024 performance target. Does not include the adjustment to PBRSUs based on actual fiscal 2025 performance relative to the fiscal 2025 performance target, although these shares have been estimated and included in the determination of equity-based compensation expense and the calculation of diluted net income per common share for fiscal 2025.