10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000014693-17-000179 |
| Period End Date | 20170731 |
| Filing Date | 20170830 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | bfb-20170731.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$7.00M | USD | Point-in-time |
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$7.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$238.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$182.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$263.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$459.00M | USD | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $7 at April 30 and July 31 |
AccountsReceivableNetCurrent
|
$557.00M | USD | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $7 at April 30 and July 31 |
AccountsReceivableNetCurrent
|
$576.00M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
70.54M | shares | Point-in-time |
| Barreled whiskey |
OtherInventoryNetOfReserves
|
$895.00M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
3.36M | shares | Point-in-time |
| Barreled whiskey |
OtherInventoryNetOfReserves
|
$873.00M | USD | Point-in-time |
| Finished goods |
InventoryFinishedGoodsNetOfReserves
|
$186.00M | USD | Point-in-time |
| Finished goods |
InventoryFinishedGoodsNetOfReserves
|
$217.00M | USD | Point-in-time |
| Work in process |
InventoryWorkInProcessNetOfReserves
|
$117.00M | USD | Point-in-time |
| Work in process |
InventoryWorkInProcessNetOfReserves
|
$119.00M | USD | Point-in-time |
| Raw materials and supplies |
InventoryRawMaterialsAndSuppliesNetOfReserves
|
$92.00M | USD | Point-in-time |
| Raw materials and supplies |
InventoryRawMaterialsAndSuppliesNetOfReserves
|
$108.00M | USD | Point-in-time |
| Total inventories |
InventoryNet
|
$1.34B | USD | Point-in-time |
| Total inventories |
InventoryNet
|
$1.27B | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$342.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$352.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.50B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.35B | USD | Point-in-time |
| Property, plant, and equipment, net |
PropertyPlantAndEquipmentNet
|
$719.00M | USD | Point-in-time |
| Property, plant, and equipment, net |
PropertyPlantAndEquipmentNet
|
$713.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$753.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$755.00M | USD | Point-in-time |
| Other intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$641.00M | USD | Point-in-time |
| Other intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$661.00M | USD | Point-in-time |
| Deferred tax assets |
DeferredTaxAssetsNetNoncurrent
|
$17.00M | USD | Point-in-time |
| Deferred tax assets |
DeferredTaxAssetsNetNoncurrent
|
$16.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$147.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$151.00M | USD | Point-in-time |
| Total assets |
Assets
|
$4.62B | USD | Point-in-time |
| Total assets |
Assets
|
$4.80B | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
$454.00M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
$501.00M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
- | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
$70.00M | USD | Point-in-time |
| Accrued income taxes |
AccruedIncomeTaxesCurrent
|
$57.00M | USD | Point-in-time |
| Accrued income taxes |
AccruedIncomeTaxesCurrent
|
$9.00M | USD | Point-in-time |
| Short-term borrowings |
ShortTermBorrowings
|
$258.00M | USD | Point-in-time |
| Short-term borrowings |
ShortTermBorrowings
|
$211.00M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$250.00M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$249.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$970.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.09B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$1.69B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$1.72B | USD | Point-in-time |
| Deferred tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$135.00M | USD | Point-in-time |
| Deferred tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$152.00M | USD | Point-in-time |
| Accrued pension and other postretirement benefits |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$298.00M | USD | Point-in-time |
| Accrued pension and other postretirement benefits |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$314.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$140.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$130.00M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$3.38B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$3.25B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$65.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$47.00M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.82B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$4.47B | USD | Point-in-time |
| Accumulated other comprehensive income (loss), net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-376.00M | USD | Point-in-time |
| Accumulated other comprehensive income (loss), net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-390.00M | USD | Point-in-time |
| Treasury stock, at cost (70,540,000 and 3,356,000 shares at April 30 and July 31, respectively) |
TreasuryStockCommonValue
|
$2.84B | USD | Point-in-time |
| Treasury stock, at cost (70,540,000 and 3,356,000 shares at April 30 and July 31, respectively) |
TreasuryStockCommonValue
|
$133.00M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.42B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.37B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$4.80B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$4.62B | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sales |
SalesRevenueGoodsNet
|
$929.00M | USD | 1 Quarter |
| Sales |
SalesRevenueGoodsNet
|
$856.00M | USD | 1 Quarter |
| Excise taxes |
ExciseAndSalesTaxes
|
$206.00M | USD | 1 Quarter |
| Excise taxes |
ExciseAndSalesTaxes
|
$195.00M | USD | 1 Quarter |
| Net sales |
NetSalesExcludingExciseTaxes
|
$723.00M | USD | 1 Quarter |
| Net sales |
NetSalesExcludingExciseTaxes
|
$661.00M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$230.00M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$208.00M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$453.00M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$493.00M | USD | 1 Quarter |
| Advertising expenses |
AdvertisingExpense
|
$89.00M | USD | 1 Quarter |
| Advertising expenses |
AdvertisingExpense
|
$82.00M | USD | 1 Quarter |
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$163.00M | USD | 1 Quarter |
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$161.00M | USD | 1 Quarter |
| Other expense (income), net |
OtherOperatingIncomeExpenseNet
|
$1.00M | USD | 1 Quarter |
| Other expense (income), net |
OtherOperatingIncomeExpenseNet
|
$5.00M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$244.00M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$213.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$1.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$1.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$16.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$13.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$229.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$201.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$57.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$51.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$144.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$178.00M | USD | 1 Quarter |
| Basic (dollars per share) |
EarningsPerShareBasic
|
$0.37 | USD | 1 Quarter |
| Basic (dollars per share) |
EarningsPerShareBasic
|
$0.46 | USD | 1 Quarter |
| Diluted (dollars per share) |
EarningsPerShareDiluted
|
$0.46 | USD | 1 Quarter |
| Diluted (dollars per share) |
EarningsPerShareDiluted
|
$0.36 | USD | 1 Quarter |
| Declared (dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.36 | USD | 1 Quarter |
| Declared (dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.34 | USD | 1 Quarter |
| Paid (dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.17 | USD | 1 Quarter |
| Paid (dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.18 | USD | 1 Quarter |
Cash Flow Statement
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$144.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$178.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$15.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$15.00M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$4.00M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$4.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-11.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-3.00M | USD | 1 Quarter |
| Changes in assets and liabilities, excluding the effects of acquisition of business |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$92.00M | USD | 1 Quarter |
| Changes in assets and liabilities, excluding the effects of acquisition of business |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$24.00M | USD | 1 Quarter |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$102.00M | USD | 1 Quarter |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$128.00M | USD | 1 Quarter |
| Acquisition of business, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Acquisition of business, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$307.00M | USD | 1 Quarter |
| Additions to property, plant, and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$28.00M | USD | 1 Quarter |
| Additions to property, plant, and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$16.00M | USD | 1 Quarter |
| Computer software expenditures |
PaymentsForSoftware
|
$1.00M | USD | 1 Quarter |
| Computer software expenditures |
PaymentsForSoftware
|
- | USD | 1 Quarter |
| Cash used for investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-28.00M | USD | 1 Quarter |
| Cash used for investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-324.00M | USD | 1 Quarter |
| Net change in short-term borrowings |
ProceedsFromRepaymentsOfShortTermDebt
|
$-43.00M | USD | 1 Quarter |
| Net change in short-term borrowings |
ProceedsFromRepaymentsOfShortTermDebt
|
$45.00M | USD | 1 Quarter |
| Proceeds from long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
- | USD | 1 Quarter |
| Proceeds from long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$717.00M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$5.00M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Net payments related to exercise of stock-based awards |
NetPaymentsRelatedToExerciseOfStockBasedAwards
|
$3.00M | USD | 1 Quarter |
| Net payments related to exercise of stock-based awards |
NetPaymentsRelatedToExerciseOfStockBasedAwards
|
$5.00M | USD | 1 Quarter |
| Acquisition of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$1.00M | USD | 1 Quarter |
| Acquisition of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$201.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$67.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$70.00M | USD | 1 Quarter |
| Cash provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-31.00M | USD | 1 Quarter |
| Cash provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$398.00M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-6.00M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$13.00M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$196.00M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$56.00M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$238.00M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$182.00M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$263.00M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$459.00M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$238.00M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$182.00M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$263.00M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$459.00M | USD | Point-in-time |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$144.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$178.00M | USD | 1 Quarter |
| Currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-67.00M | USD | 1 Quarter |
| Currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$34.00M | USD | 1 Quarter |
| Cash flow hedge adjustments |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$12.00M | USD | 1 Quarter |
| Cash flow hedge adjustments |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$-23.00M | USD | 1 Quarter |
| Postretirement benefits adjustments |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$-3.00M | USD | 1 Quarter |
| Postretirement benefits adjustments |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$-3.00M | USD | 1 Quarter |
| Net other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$14.00M | USD | 1 Quarter |
| Net other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-52.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$192.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$92.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.