BROWN FORMAN CORP
For the period ended Apr 30, 2024. Filed Jun 14, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Jun 14, 2024
BF-A$31.28-0.6%Stored close · as of Nov 9, 2026
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Consolidated Balance Sheets
| April 30, | 2023 | 2024 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $374 | $446 |
| Accounts receivable, net | 855 | 769 |
| Inventories: | ||
| Barreled whiskey | 1,262 | 1,490 |
| Finished goods | 509 | 452 |
| Work in process | 321 | 396 |
| Raw materials and supplies | 191 | 218 |
| Total inventories | 2,283 | 2,556 |
| Other current assets | 289 | 265 |
| Total current assets | 3,801 | 4,036 |
| Property, plant, and equipment, net | 1,031 | 1,074 |
| Goodwill | 1,457 | 1,455 |
| Other intangible assets | 1,164 | 990 |
| Equity method investments | 3 | 270 |
| Deferred tax assets | 66 | 69 |
| Other assets | 255 | 272 |
| Total assets | $7,777 | $8,166 |
| Liabilities | ||
| Accounts payable and accrued expenses | $827 | $793 |
| Accrued income taxes | 22 | 38 |
| Short-term borrowings | 235 | 428 |
| Current portion of long-term debt | — | 300 |
| Total current liabilities | 1,084 | 1,559 |
| Long-term debt | 2,678 | 2,372 |
| Deferred tax liabilities | 323 | 315 |
| Accrued pension and other postretirement benefits | 171 | 160 |
| Other liabilities | 253 | 243 |
| Total liabilities | 4,509 | 4,649 |
| Commitments and contingencies | ||
| Stockholders’ Equity | ||
| Common stock: | ||
| Class A, voting, $0.15 par value (170,000,000 shares authorized; 170,000,000 shares issued) | 25 | 25 |
| Class B, nonvoting, $0.15 par value (400,000,000 shares authorized; 314,532,000 shares issued) | 47 | 47 |
| Additional paid-in capital | 1 | 13 |
| Retained earnings | 3,643 | 4,261 |
| Accumulated other comprehensive income (loss), net of tax | (235) | (221) |
| Treasury stock, at cost (5,215,000 and 11,932,000 shares in 2023 and 2024, respectively) | (213) | (608) |
| Total stockholders' equity | 3,268 | 3,517 |
| Total liabilities and stockholders' equity | $7,777 | $8,166 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.