Constellation Brands, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

Commitments and Contingencies (Tables)

12 Months Ended

Feb. 28, 2018

Commitments and Contingencies Disclosure [Abstract]

Future payments under noncancelable operating leases

Future payments under noncancelable operating leases having initial or remaining terms of one year or more are as follows for each of the five succeeding fiscal years and thereafter:



(in millions)
2019	$	53.6
2020	53.7
2021	50.3
2022	44.0
2023	41.3
Thereafter	316.3
	$	559.2

Future minimum purchase commitments and obligations

As of February 28, 2018, the estimated aggregate minimum purchase obligations under these contracts are as follows:



	Type	Length of Commitment	Amount
(in millions)
Raw materials and supplies ⁽¹⁾	Packaging, grapes and other raw materials	through December 2031	$	6,622.1
In-process inventories	Bulk wine and spirits	through February 2022	148.6
Capital expenditures ⁽²⁾	Property, plant and equipment, and contractor and manufacturing services	through February 2022	590.3
Other	Processing and warehousing services, energy contracts	through May 2029	340.7
			$	7,701.7

⁽¹⁾

Certain grape purchasing arrangements include the purchase of grape production yielded from specified blocks of a vineyard. The actual tonnage and price of grapes that we purchase will vary each year depending on certain factors, including weather, time of harvest, overall market conditions and the agricultural practices and location of the vineyard. Amounts included herein for the estimated aggregate minimum grape purchase obligations consist of estimates for the purchase of the grapes and the implicit leases of the land.


⁽²⁾	Consists of purchase commitments entered into primarily in connection with the construction of a brewery located in Mexicali, Baja California, Mexico, and the expansion projects for the Nava Brewery and the adjacent glass production plant.