Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment (Tables)

v3.7.0.1
Property, Plant and Equipment (Tables)
 12 Months Ended
Feb. 28, 2017
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,
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