Brown-Forman
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Brown-Forman generated cash of $647,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$618,000,000 last year. Net change in cash is therefore $62,000,000.
Cash Flow
| 2015 | 608M | -125M | -531M |
|---|---|---|---|
| 2016 | 524M | 433M | -1.06B |
| 2017 | 639M | -422M | -285M |
| 2018 | 632M | -128M | -466M |
| 2019 | 800M | -119M | -599M |
| 2020 | 724M | -141M | -191M |
| 2021 | 817M | 98M | -485M |
| 2022 | 936M | -127M | -1.03B |
| 2023 | 640M | -1.35B | 239M |
| 2024 | 647M | 49M | -618M |
BF-A Cash Flow Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 384M | 874M | 1.15B | 675M | 307M | 239M | 182M | 263M | 370M | 437M |
Operating activities | ||||||||||
Net income | 1.02B | 783M | 838M | 903M | 827M | 835M | 717M | 669M | 1.06B | 684M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 87M | 80M | 79M | 77M | 74M | 72M | 64M | 58M | 56M | 51M |
Stock-based compensation expense | 25M | 18M | 15M | 12M | 11M | 14M | 19M | 14M | 15M | 15M |
| Deferred income tax benefit | 25M | 18M | 15M | 12M | 11M | 14M | 19M | 14M | 15M | 15M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 88M | -21M | -77M | -150M | 12M | 23M | -70M | 6M | 8M | -50M |
Inventories | -349M | -403M | -93M | -37M | -203M | -162M | -102M | -86M | -127M | -102M |
Accounts payable | -31M | 77M | 37M | 137M | -30M | -43M | 58M | -17M | 29M | 64M |
Cash generated by operating activities | 647M | 640M | 936M | 817M | 724M | 800M | 632M | 639M | 524M | 608M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -228M | -183M | -138M | -62M | -113M | -119M | -127M | -112M | -108M | -120M |
Acquisitions Net | 246M | -1.19B | 0 | 163M | -22M | 0 | 0 | -307M | 543M | 0 |
Cash generated by investing activities | 49M | -1.35B | -127M | 98M | -141M | -119M | -128M | -422M | 433M | -125M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 592M | 0 | 570M | 0 |
Payments for dividends | -404M | -378M | -831M | -338M | -325M | -310M | -773M | -274M | -266M | -256M |
Repurchases of common stock | -400M | 0 | 0 | 0 | -1M | -207M | -1M | -561M | -1.10B | -462M |
Repayments of term debt | 192M | 632M | -196M | -516M | -178M | 0 | -250M | 590M | -250M | 183M |
Cash used in financing activities | -618M | 239M | -1.03B | -485M | -191M | -599M | -466M | -285M | -1.06B | -531M |
Net Change In Cash | 62M | -500M | -276M | 475M | 368M | 68M | 57M | -81M | -107M | -67M |
Cash at end of period | 446M | 374M | 874M | 1.15B | 675M | 307M | 239M | 182M | 263M | 370M |
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