Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment (Tables)

v3.4.0.3
Property, Plant and Equipment (Tables)
 12 Months Ended
Feb. 29, 2016
Property, Plant and Equipment [Abstract]  
Components of property, plant and equipment
Depreciation is computed primarily using the straight-line method over the following estimated useful lives:
 
Years
Land improvements
15 to 32
Vineyards
16 to 26
Buildings and improvements
10 to 50
Machinery and equipment
3 to 35
Motor vehicles
3 to 7
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