Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment (Tables)

v3.8.0.1
Property, Plant and Equipment (Tables)
 12 Months Ended
Feb. 28, 2018
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 28, 2018
 
February 28, 2017
(in millions)
 
 
 
Land and land improvements
$
438.0

 
$
400.4

Vineyards
238.3

 
232.6

Buildings and improvements
883.0

 
736.1

Machinery and equipment
3,548.3

 
3,079.6

Motor vehicles
93.6

 
124.2

Construction in progress
1,072.5

 
636.9

 
6,273.7

 
5,209.8

Less – Accumulated depreciation
(1,484.0
)
 
(1,277.0
)
 
$
4,789.7

 
$
3,932.8