Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment (Tables)

v3.19.1
Property, Plant and Equipment (Tables)
 12 Months Ended
Feb. 28, 2019
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 8
The major components of property, plant and equipment are as follows:
 
February 28,
2019
 
February 28,
2018
(in millions)
 
 
 
Land and land improvements
$
456.7

 
$
438.0

Vineyards
221.3

 
238.3

Buildings and improvements
1,067.3

 
883.0

Machinery and equipment
3,931.1

 
3,548.3

Motor vehicles
81.8

 
93.6

Construction in progress
1,214.3

 
1,072.5

 
6,972.5

 
6,273.7

Less – Accumulated depreciation
(1,705.2
)
 
(1,484.0
)
 
$
5,267.3

 
$
4,789.7