BROWN FORMAN CORP (BF-B)
BROWN FORMAN CORP (BF-B)
| Cash Flow | 2026-04-30 | 2025-04-30 | 2024-04-30 | 2023-04-30 |
|---|---|---|---|---|
| Net income | 715 | 869 | 1,024 | 783 |
| Gain on business divestitures | 0 | 0 | 267 | 0 |
| Equity method investment income and gain on sale | 0 | 83 | NaN | NaN |
| Asset impairment charges | NaN | 49 | 7 | 96 |
| Other intangible assets impairment | 132 | NaN | NaN | NaN |
| Depreciation and amortization | 92 | 87 | 87 | 80 |
| Stock-based compensation expense | 32 | 28 | 25 | 18 |
| Deferred income tax provision (benefit) | -37 | -39 | 18 | -3 |
| Change in fair value of contingent consideration | -15 | -43 | 9 | NaN |
| Other, net | 1 | 17 | -7 | -18 |
| Accounts receivable | -25 | 70 | -88 | 21 |
| Inventories | 22 | 64 | 349 | 403 |
| Other current assets | 17 | 25 | -23 | -4 |
| Accounts payable and accrued expenses | 36 | -40 | -31 | 77 |
| Accrued income taxes | -7 | -13 | 17 | -57 |
| Other operating assets and liabilities | -67 | 41 | 11 | -48 |
| Cash provided by operating activities | 1,000 | 598 | 647 | 640 |
| Proceeds from business divestitures | 0 | 0 | 246 | 0 |
| Proceeds from sale of equity method investment | 0 | 350 | NaN | NaN |
| Business acquisitions, net of cash acquired | NaN | 0 | 0 | 1,195 |
| Additions to property, plant, and equipment | 107 | 167 | 228 | 183 |
| Proceeds from sale of cooperage assets | 33 | NaN | NaN | NaN |
| Other, net | -3 | -66 | -31 | -23 |
| Cash provided by (used for) investing activities | -71 | 249 | 49 | -1,355 |
| Proceeds from short-term borrowings, maturities greater than 90 days | NaN | 0 | 0 | 600 |
| Repayments of short-term borrowings, maturities greater than 90 days | NaN | 0 | 0 | 600 |
| Net change in short term borrowings | -244 | -117 | 192 | 234 |
| Repayment of long-term debt | 0 | 300 | 0 | 250 |
| Proceeds from long-term debt | NaN | 0 | 0 | 648 |
| Acquisition of treasury stock | 400 | 0 | 400 | NaN |
| Dividends paid | 427 | 420 | 404 | 378 |
| Other, net | -3 | -6 | -6 | -15 |
| Cash used for financing activities | -1,074 | -843 | -618 | 239 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 9 | 3 | -6 | -14 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | -136 | 7 | 72 | -490 |
| Cash, cash equivalents, and restricted cash at beginning of period | 463 | 456 | 384 | 874 |
| Cash, cash equivalents, and restricted cash at end of period | 327 | 463 | 456 | 384 |
| Less restricted cash (included in other current assets) at end of period | 19 | 19 | 10 | 10 |
| Cash and cash equivalents at end of period | 308 | 444 | 446 | 374 |