Commitments and Contingencies (Tables)

12 Months Ended

Feb. 28, 2021

Commitments and Contingencies Disclosure [Abstract]

Future minimum purchase commitments and obligations

As of February 28, 2021, the estimated aggregate minimum purchase commitments under these contracts are as follows:

	Type	Length of Commitment	Amount
(in millions)
Raw materials and supplies (1)	Packaging, grapes, malts, corn, and hops	through December 2037	$	4,063.8
Contract services	Transportation, marketing, and warehousing services, and IT and energy contracts	through December 2030	816.5
Capital expenditures (2)	Property, plant, and equipment and contractor and manufacturing services	through January 2024	243.7
In-process inventories	Bulk wine and spirits	through April 2025	75.3
Other	Finished wine case goods	through May 2029	26.4
			$	5,225.7

(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 commitments consist of estimates for the purchase of the grapes and the implicit leases of the land. Certain grape purchasing arrangements classified as leases have not resulted in the recognition of right-of-use assets and lease liabilities on our balance sheet due to their variable nature.

(2)Consists of purchase commitments entered into primarily in connection with the expansion project for the Obregon Brewery.