Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.4.0.3
Property, Plant and Equipment
 12 Months Ended
Feb. 29, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT
PROPERTY, PLANT AND EQUIPMENT:

The major components of property, plant and equipment are as follows:
 
February 29,
2016
 
February 28,
2015
(in millions)
 
 
 
Land and land improvements
$
338.7

 
$
350.1

Vineyards
244.4

 
230.2

Buildings and improvements
809.1

 
580.3

Machinery and equipment
2,253.8

 
1,828.4

Motor vehicles
74.3

 
73.2

Construction in progress
792.4

 
669.6

 
4,512.7

 
3,731.8

Less – Accumulated depreciation
(1,179.3
)
 
(1,050.2
)
 
$
3,333.4

 
$
2,681.6



For the year ended February 29, 2016, we had noncash additions of $142.3 million to property, plant and equipment associated primarily with the expansion projects for the Nava Brewery. This amount is recorded primarily in accounts payable as of February 29, 2016.