Brown-Forman Corporation (BF-B) FY2027 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-05-01 to 2026-07-31

Swipe to see the full flow
Brown-Forman Corporation cash flow reconciliation, May 1, 2026 through Jul 31, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $173,000,000.00Net income → Operating adjustments reconciliation: $3,000,000.00Other current assets → Operating adjustments reconciliation: $42,000,000.00Accrued income taxes → Operating adjustments reconciliation: $31,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $23,000,000.00Other operating assets and liabilities → Operating adjustments reconciliation: $13,000,000.00Accounts receivable → Operating adjustments reconciliation: $7,000,000.00Stock-based compensation expense → Operating adjustments reconciliation: $4,000,000.00Change in fair value of contingent consideration → Operating adjustments reconciliation: $4,000,000.00Other, net → Operating adjustments reconciliation: $3,000,000.00Operating adjustments reconciliation → Accounts payable and accrued expenses: $82,000,000.00Operating adjustments reconciliation → Inventories: $39,000,000.00Operating adjustments reconciliation → Deferred income tax benefit: $9,000,000.00Net cash used in investing activities → investing reconciliation: $13,000,000.00investing reconciliation → Additions to property, plant, and equipment: $12,000,000.00investing reconciliation → Other, net: $1,000,000.00Net cash used in financing activities → financing reconciliation: $164,000,000.00Net change in short term borrowings → financing reconciliation: $289,000,000.00financing reconciliation → Repayment of long-term debt: $343,000,000.00financing reconciliation → Dividends paid: $106,000,000.00financing reconciliation → Payments of withholding taxes related to stock-based awards: $3,000,000.00financing reconciliation → Other, net: $1,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $327,000,000.00Net cash from operating activities → Cash sources and uses: $173,000,000.00Cash sources and uses → Exchange-rate effect: $3,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $320,000,000.00Cash sources and uses → Net cash used in investing activities: $13,000,000.00Cash sources and uses → Net cash used in financing activities: $164,000,000.00Net income: $176,000,000.00Net income+$176.00 MDepreciation and amortization: $23,000,000.00Depreciation & amortization+$23.00 MStock-based compensation expense: $4,000,000.00Stock-based compensation+$4.00 MDeferred income tax benefit: -$9,000,000.00Deferred income taxes−$9.00 MChange in fair value of contingent consideration: $4,000,000.00Contingent consideration change+$4.00 MOther, net: $3,000,000.00Other non-cash items+$3.00 MAccounts receivable: $7,000,000.00Accounts receivable+$7.00 MInventories: -$39,000,000.00Inventories−$39.00 MOther current assets: $42,000,000.00Other current assets+$42.00 MAccounts payable and accrued expenses: -$82,000,000.00Payables & accrued liabilities−$82.00 MAccrued income taxes: $31,000,000.00Income taxes payable+$31.00 MOther operating assets and liabilities: $13,000,000.00Other working capital, net+$13.00 MNet cash from operating activities: $173,000,000.00Operating cash+$173.00 MOperating adjustments reconciliation: $130,000,000.00Net change in short term borrowings: $289,000,000.00Short-term debt ≤3 months, net+$289.00 MRepayment of long-term debt: -$343,000,000.00Long-term debt repaid−$343.00 MPayments of withholding taxes related to stock-based awards: -$3,000,000.00Stock-award tax withholding−$3.00 MDividends paid: -$106,000,000.00Common dividends paid−$106.00 MOther, net: -$1,000,000.00Other financing, net−$1.00 MNet cash used in financing activities: -$164,000,000.00. Cash required to fund net payments.Financing cash−$164.00 Mfinancing reconciliation: $453,000,000.00Additions to property, plant, and equipment: -$12,000,000.00PP&E purchases−$12.00 MProceeds from sale of cooperage assets: $0.00Other, net: -$1,000,000.00Other investing, net−$1.00 MNet cash used in investing activities: -$13,000,000.00. Cash required to fund net payments.Investing cash−$13.00 Minvesting reconciliation: $13,000,000.00Cash sources and uses: $500,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $327,000,000.00Beginning cash$327.00 MEnding cash: Cash, cash equivalents, and restricted cash: $320,000,000.00Ending cash$320.00 MExchange-rate effect: -$3,000,000.00FX effect−$3.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$161.00 MOperating cash − cash spent on PP&ECash flow / Net income0.98×Operating cash flow ÷ net incomeNet cash change−$7.00 MEnding cash − beginning cash
Chart details

Brown-Forman Corporation cash flow reconciliation, May 1, 2026 through Jul 31, 2026

Cash flows for May 1, 2026 through Jul 31, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Apr 30, 2026. Ending cash: Jul 31, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Apr 30, 2026
327,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
173,000,000 US dollars. Net cash provided.
Net income
176,000,000 US dollars
Depreciation and amortization
23,000,000 US dollars
Stock-based compensation expense
4,000,000 US dollars
Deferred income tax benefit
negative 9,000,000 US dollars
Change in fair value of contingent consideration
4,000,000 US dollars
Other, net
3,000,000 US dollars
Accounts receivable
7,000,000 US dollars
Inventories
negative 39,000,000 US dollars
Other current assets
42,000,000 US dollars
Accounts payable and accrued expenses
negative 82,000,000 US dollars
Accrued income taxes
31,000,000 US dollars
Other operating assets and liabilities
13,000,000 US dollars
Investing activities
negative 13,000,000 US dollars. Net cash used.
Additions to property, plant, and equipment
negative 12,000,000 US dollars
Proceeds from sale of cooperage assets
0 US dollars
Other, net
negative 1,000,000 US dollars
Financing activities
negative 164,000,000 US dollars. Net cash used.
Net change in short term borrowings
289,000,000 US dollars
Repayment of long-term debt
negative 343,000,000 US dollars
Payments of withholding taxes related to stock-based awards
negative 3,000,000 US dollars
Dividends paid
negative 106,000,000 US dollars
Other, net
negative 1,000,000 US dollars
Operating adjustment reconciliation
130,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
453,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
13,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 3,000,000 US dollars
Ending cash on Jul 31, 2026
320,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
500,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 7,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.98×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
173,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
12,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
161,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $173.00M of net income directly to operating cash and $3.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 173,000,000 US dollars minus 12,000,000 US dollars equals 161,000,000 US dollars.
Brown-Forman Corporation (BF-B) FY2027 Q1 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!