Brown-Forman Corporation
Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and …
Beverages - Wineries & Distilleries
US, Louisville [HQ]
Cash Flow Statements
15 Sheets · Starting from 2024In Million USD. Margins, Growth Rates In %
| Metric | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 545.00 | 527.00 | 516.00 | 537.00 | 649.00 | 608.00 | 524.00 | 639.00 | 632.00 | 800.00 | 724.00 | 817.00 | 936.00 | 640.00 | 647.00 | |
| Operating Cash (Net) | 545.00 | 527.00 | 516.00 | 537.00 | 649.00 | 608.00 | 524.00 | 639.00 | 632.00 | 800.00 | 724.00 | 817.00 | 936.00 | 640.00 | 647.00 | |
| Accounts Receivable | -35.00 | -57.00 | 2.00 | -65.00 | -34.00 | -50.00 | 8.00 | 6.00 | -70.00 | 23.00 | 12.00 | -150.00 | -77.00 | -21.00 | 88.00 | |
| Accounts Payable | -14.00 | 26.00 | 25.00 | 58.00 | 31.00 | 64.00 | 29.00 | -17.00 | 58.00 | -43.00 | -30.00 | 137.00 | 37.00 | 77.00 | -31.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 7.00 | -102.00 | -109.00 | -144.00 | -69.00 | -157.00 | -141.00 | -94.00 | -103.00 | -163.00 | -255.00 | 28.00 | -77.00 | 410.00 | -263.00 | |
| Other WC | 35.00 | -29.00 | -48.00 | -32.00 | 1.00 | -69.00 | -51.00 | 3.00 | 11.00 | 19.00 | -34.00 | 78.00 | 56.00 | 757.00 | -11.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -35.00 | 203.00 | -68.00 | -97.00 | -127.00 | -125.00 | 433.00 | -422.00 | -128.00 | -119.00 | -141.00 | 98.00 | -127.00 | -1,355.00 | 49.00 | |
| Capital Expenditure | -34.00 | -39.00 | -58.00 | -95.00 | -126.00 | -120.00 | -108.00 | -112.00 | -127.00 | -119.00 | -113.00 | -62.00 | -138.00 | -183.00 | -228.00 | |
| Purchases of Investments | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Sale/Maturity of Investment | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Property, Plant, Equipment (P&PE) | -34.00 | -39.00 | -58.00 | -95.00 | -126.00 | -120.00 | -108.00 | -112.00 | -127.00 | -119.00 | -113.00 | -62.00 | -138.00 | -183.00 | -228.00 | |
| Acquisitions (Net) | - - | 234.00 | - - | - - | - - | - - | 543.00 | -307.00 | - - | - - | -22.00 | 163.00 | - - | -1,195.00 | 246.00 | |
| Other Investing Activities | -1.00 | 8.00 | -10.00 | -2.00 | -1.00 | -5.00 | -2.00 | -3.00 | -1.00 | 2.00 | -6.00 | -3.00 | 11.00 | 23.00 | 31.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -637.00 | -406.00 | -662.00 | -576.00 | -288.00 | -531.00 | -1,060.00 | -285.00 | -466.00 | -599.00 | -191.00 | -485.00 | -1,038.00 | -239.00 | -618.00 | |
| Debt Repayment | -302.00 | -191.00 | -248.00 | -253.00 | -2.00 | - - | -250.00 | -152.00 | -250.00 | - - | -178.00 | -516.00 | -196.00 | -850.00 | -192.00 | |
| Dividends Paid | -174.00 | -326.00 | -192.00 | -1,063.00 | -233.00 | -256.00 | -266.00 | -274.00 | -773.00 | - - | -325.00 | -338.00 | -831.00 | -378.00 | -404.00 | |
|
Common Stock
|
158 | 384 | 220 | - - | 54 | 462 | 1,677 | 1,308 | 593 | 207 | 1 | - - | - - | - - | 400 | |
| Issued | - - | 248.00 | - - | - - | 5.00 | - - | 570.00 | 747.00 | 592.00 | - - | - - | - - | - - | - - | - - | |
| Repurchased | -158.00 | -136.00 | -220.00 | - - | -49.00 | -462.00 | -1,107.00 | -561.00 | -1.00 | -207.00 | -1.00 | - - | - - | - - | -400.00 | |
| Other Financing Activities | -3.00 | -1.00 | -2.00 | 740.00 | -9.00 | 187.00 | -7.00 | -45.00 | -34.00 | -82.00 | 135.00 | 369.00 | -11.00 | 1,467.00 | -6.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 340.00 | 232.00 | 567.00 | 338.00 | 204.00 | 437.00 | 370.00 | 263.00 | 182.00 | 239.00 | 307.00 | 675.00 | 1,150.00 | 874.00 | 384.00 | |
| End of Period | 232.00 | 567.00 | 338.00 | 204.00 | 437.00 | 370.00 | 263.00 | 182.00 | 239.00 | 307.00 | 675.00 | 1,150.00 | 874.00 | 374.00 | 446.00 | |
| Change | -108.00 | 335.00 | -229.00 | -134.00 | 233.00 | -67.00 | -107.00 | -81.00 | 57.00 | 68.00 | 368.00 | 475.00 | -276.00 | -500.00 | 62.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 59.00 | 56.00 | 49.00 | 51.00 | 50.00 | 51.00 | 56.00 | 58.00 | 64.00 | 72.00 | 74.00 | 77.00 | 79.00 | 80.00 | 87.00 | |
| Stock Based Compensation | 8.00 | 9.00 | 9.00 | 11.00 | 13.00 | 15.00 | 15.00 | 14.00 | 19.00 | - - | 11.00 | 12.00 | 15.00 | 18.00 | 25.00 | |
| Other | 11.00 | -40.00 | 1.00 | 2.00 | 1.00 | 9.00 | -483.00 | 2.00 | 4.00 | 8.00 | 28.00 | -150.00 | 92.00 | -648.00 | 16.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 511.00 | 488.00 | 458.00 | 442.00 | 523.00 | 488.00 | 416.00 | 527.00 | 505.00 | 681.00 | 611.00 | 755.00 | 798.00 | 457.00 | 419.00 | |
| Cash Conversion Cycle (CCC) | 193.00 | 290.00 | 296.00 | 223.00 | 232.00 | 242.00 | 279.00 | 356.00 | 350.00 | 374.00 | 406.00 | 365.00 | 339.00 | 380.00 | 572.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||||||||||
| Forex Effect on Cash | 19.00 | 11.00 | -15.00 | 2.00 | -1.00 | -19.00 | -4.00 | -13.00 | 19.00 | -14.00 | -24.00 | 45.00 | -47.00 | -14.00 | -6.00 |