Description of Business, Basis of Presentation, and Summary of Significant Accounting Policies (Tables)
|12 Months Ended|
Feb. 28, 2021
|Accounting Policies [Abstract]|
|Estimated useful lives for depreciation||
Depreciation is computed primarily using the straight-line method over the following estimated useful lives:
The major components of property, plant, and equipment are as follows:
(1)The property, plant, and equipment balance at February 29, 2020, excludes amounts reclassified to assets held for sale.
(2)Interest costs incurred during the expansion, construction, and optimization of facilities are capitalized to construction in progress. We capitalized interest costs of $31.5 million, $37.2 million, and $23.1 million for the years ended February 28, 2021, February 29, 2020, and February 28, 2019, respectively, primarily due to the Mexico Beer Projects.
Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef