As Reported Financial Statements(GAAP*)

As Reported Financials

Source Document Currency Code (in millions)   2017 FY 4/30/2018 USD 2018 FY 4/30/2018 USD
Source Document Currency Code   2017 FY 4/30/2018 USD 2018 FY 4/30/2018 USD

ASSETS

Cash and cash equivalents   182 239
Accounts receivable, net   557 639

Inventories

Barreled whiskey   873 947
Finished goods   186 225
Work in process   119 117
Raw materials and supplies   92 90
Total inventories   1,270 1,379
Other current assets   342 298
Total current assets   2,351 2,555
Property, plant, and equipment, net   713 780
Goodwill   753 763
Other intangible assets   641 670
Deferred tax assets   16 16
Other assets   151 192
Total assets   4,625 4,976

LIABILITIES

Accounts payable and accrued expenses   501 581
Accrued income taxes   9 25
Short-term borrowings   211 215
Current portion of long-term debt   249 0
Total current liabilities   970 821
Long-term debt   1,689 2,341
Deferred tax liabilities   152 85
Accrued pension and other postretirement benefits   314 191
Other liabilities   130 222
Total liabilities   3,255 3,660

STOCKHOLDERS' EQUITY

Common stock

Class A, voting   25 25
Class B, nonvoting   43 47
Class A   NA NA
Class B   NA NA
Additional paid-in capital   65 4
Retained earnings   4,470 1,730
Accumulated other comprehensive income (loss), net of tax   (390) (378)
Treasury stock, at cost   (2,843) (112)
Total stockholders' equity   1,370 1,316
Total liabilities and stockholders' equity   4,625 4,976
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.