- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References+ Details

Debt (Details) (Credit Agreement, USD $) In Millions, unless otherwise specified	6 Months Ended					3 Months Ended		6 Months Ended		3 Months Ended		6 Months Ended
	Aug. 31, 2014 item	Jun. 11, 2014	Jun. 10, 2014	Aug. 31, 2014 Revolving loan	Aug. 31, 2014 Letter of credit	Aug. 31, 2014 Minimum	Aug. 31, 2013 Minimum	Aug. 31, 2014 Minimum	Aug. 31, 2013 Minimum	Aug. 31, 2014 Maximum	Aug. 31, 2013 Maximum	Aug. 31, 2014 Maximum	Aug. 31, 2013 Maximum
Revolving Line of Credit
Total revolving commitment	$ 570	$ 570	$ 375
Number of alternative methods under which interest on borrowings accrue	2
Amount outstanding				488.90	1.32
Interest rate range during each year (as a percent)						1.90%	1.18%	1.90%	1.18%	4.00%	3.63%	4.00%	3.63%
Amount available for borrowings	$ 79.78