Constellation Brands, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

Commitments and Contingencies (Tables)

12 Months Ended

Feb. 29, 2016

Commitments and Contingencies Disclosure [Abstract]

Future payments under noncancelable operating leases

Future payments under noncancelable operating leases having initial or remaining terms of one year or more are as follows for each of the five succeeding fiscal years and thereafter:



(in millions)
2017	$	48.8
2018	39.9
2019	32.9
2020	28.6
2021	26.5
Thereafter	178.6
	$	355.3

Future minimum purchase commitments and obligations

As of February 29, 2016, the estimated aggregate minimum purchase obligations under these contracts are as follows:



	Type	Length of Commitment	Amount
(in millions)
Raw materials and supplies ⁽¹⁾	Grapes, packaging and other raw materials	through December 2027	$	5,412.7
In-process inventories	Bulk wine	through July 2019	34.4
Finished case goods ⁽²⁾	Beer	through June 2017	503.3
Capital expenditures ⁽³⁾	Property, plant and equipment, and contractor and manufacturing services	through July 2019	784.8
Other ⁽⁴⁾	Processing and warehousing services, energy contracts	through December 2027	127.0
			$	6,862.2


⁽¹⁾	Grape purchase contracts require the purchase of grape production yielded from a specified number of acres. The actual tonnage and price of grapes that we must purchase will vary each year depending on certain factors, including weather, time of harvest, overall market conditions and the agricultural practices and location of the growers and suppliers under contract.


⁽²⁾	Consists of a minimum purchase obligation under the interim supply agreement for finished goods in connection with our Mexican beer portfolio.


⁽³⁾	Consists of purchase commitments entered into primarily in connection with the expansion projects for the Nava Brewery and the glass production plant, and the construction of a brewery located in Mexicali, Baja California, Mexico.


⁽⁴⁾	Includes commitments to utilize outside services to process, package and/or store a minimum volume quantity, as well as for the purchase of certain energy requirements.