Current report filing

Property, Plant and Equipment

v3.8.0.1
Property, Plant and Equipment
 12 Months Ended
Feb. 28, 2017
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 28,
2017
 
February 29,
2016
(in millions)
 
 
 
Land and land improvements
$
400.4

 
$
338.7

Vineyards
232.6

 
244.4

Buildings and improvements
736.1

 
809.1

Machinery and equipment
3,079.6

 
2,253.8

Motor vehicles
124.2

 
74.3

Construction in progress
636.9

 
792.4

 
5,209.8

 
4,512.7

Less – Accumulated depreciation
(1,277.0
)
 
(1,179.3
)
 
$
3,932.8

 
$
3,333.4



For the years ended February 28, 2017, and February 29, 2016, we had noncash additions of $190.3 million and $158.0 million, respectively, to property, plant and equipment associated primarily with the expansion projects for our Nava Brewery. These amounts are recorded primarily in accounts payable as of February 28, 2017, and February 29, 2016.