XML 77 R37.htm IDEA: XBRL DOCUMENT v3.26.1
Description of Business, Basis of Presentation, and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Feb. 28, 2026
Accounting Policies [Abstract]  
Estimated useful lives for depreciation
Depreciation is computed primarily using the straight-line method over the following estimated useful lives:
Years
Land improvements and vineyards
15 to 32
Buildings and improvements
10 to 50
Machinery, equipment, and motor vehicles
3 to 35
The major components of property, plant, and equipment, net are as follows:
February 28, 2026February 28, 2025
(in millions)
Land, land improvements, and vineyards$739.6$565.5
Buildings and improvements2,320.81,907.9
Machinery, equipment, and motor vehicles5,795.85,266.2
Construction in progress (1) (2)
2,759.82,218.1
11,616.09,957.7
Less – Accumulated depreciation(3,095.1)(2,547.9)
$8,520.9$7,409.8
(1)We capitalized $89.7 million, $74.2 million, and $63.7 million of interest costs for the years ended February 28, 2026, February 28, 2025, and February 29, 2024, respectively, primarily due to the Brewery Projects.
(2)Initial production at the Veracruz Brewery is expected to commence around the middle of Fiscal 2027.