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<img src='content_image/1032255.jpg'>

For the period November 1, 2018, through December 31, 2018. (1) 

## Other equity method investment 

Booker Vineyard In April 2020, we invested in My Favorite Neighbor, LLC, also known as Booker Vineyard, a super-luxury, direct-to-consumer focused wine business which we account for under the equity method. We recognize our share of their equity in earnings (losses) in our consolidated financial statements in the Wine and Spirits segment. 

## 11. OTHER ACCRUED EXPENSES AND LIABILITIES 

The major components of other accrued expenses and liabilities are as follows: 

<img src='content_image/1032261.jpg'>

## 12. BORROWINGS 

Borrowings consist of the following: 

<img src='content_image/1032264.jpg'>

