# CONSTELLATION BRANDS, INC. (STZ) FY2027 Q2 Statement of Cash Flows

- Company: CONSTELLATION BRANDS, INC. (STZ)
- Period: 2026-06-01 to 2026-08-31
- Filing: Q2 FY2027 10-Q, filed 2026-10-07, accession number 0000016918-26-000040
- Page: https://plicit.ai/financials/stz/fy2027-q2-cash-flow
- Chart image: https://plicit.ai/charts/stz-fy2027-q2-cash-flow-sankey.png

## Chart details

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

- **Beginning cash on May 31, 2026**: 96,600,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 816,800,000 US dollars. Net cash provided.
- **Net income (loss)**: 582,300,000 US dollars
- **Deferred tax provision (benefit)**: 105,200,000 US dollars
- **Depreciation**: 96,800,000 US dollars
- **Stock-based compensation**: 19,900,000 US dollars
- **Noncash lease expense**: 33,500,000 US dollars
- **Asset impairment and related expenses**: 49,800,000 US dollars
- **Accounts receivable**: 48,200,000 US dollars
- **Inventories**: 37,700,000 US dollars
- **Prepaid expenses and other current assets**: negative 21,900,000 US dollars
- **Accounts payable**: 24,800,000 US dollars
- **Contract liabilities**: 6,500,000 US dollars
- **Other accrued expenses and liabilities**: negative 190,700,000 US dollars
- **Other**: 24,700,000 US dollars
- **Investing activities**: negative 157,200,000 US dollars. Net cash used.
- **Purchase of property, plant, and equipment**: negative 176,900,000 US dollars
- **Purchase of business, net of cash acquired**: 0 US dollars
- **Proceeds from sale of assets**: 4,100,000 US dollars
- **Proceeds from sale of business**: 13,900,000 US dollars
- **Other investing activities**: 1,700,000 US dollars
- **Financing activities**: negative 657,500,000 US dollars. Net cash used.
- **Proceeds from issuance of long-term debt**: 0 US dollars
- **Principal payments of long-term debt**: negative 1,000,000 US dollars
- **Net proceeds from (repayments of) short-term borrowings**: negative 219,900,000 US dollars
- **Dividends paid**: negative 175,100,000 US dollars
- **Purchases of treasury stock**: negative 230,900,000 US dollars
- **Payment of excise tax on share repurchases**: negative 8,800,000 US dollars
- **Proceeds from shares issued under equity compensation plans**: 3,400,000 US dollars
- **Payments of minimum tax withholdings on stock-based payment awards**: 0 US dollars
- **Payments of debt issuance, debt extinguishment, and other financing costs**: negative 200,000 US dollars
- **Distributions to noncontrolling interests**: negative 25,000,000 US dollars
- **Payment of contingent consideration**: 0 US dollars
- **Operating adjustment reconciliation**: 447,100,000 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**: 660,900,000 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**: 176,900,000 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 200,000 US dollars
- **Ending cash on Aug 31, 2026**: 98,500,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 913,400,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 1,900,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: Unavailable. Operating cash flow and reconciliation net income for the same period are required.
- **Operating cash flow**: 816,800,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 176,900,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 639,900,000 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 enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $234.50M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced 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: 816,800,000 US dollars minus 176,900,000 US dollars equals 639,900,000 US dollars.