Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
BROWN-FORMAN CORPORATION (Registrant)
/s/ Lawson E. Whiting
By:
Lawson E. Whiting
President and Chief Executive Officer
Date: June 17, 2022
/s/ Campbell P. Brown
By:
Campbell P. Brown
Director, Chair of the Board
/s/ Lawson E. Whiting
By:
Lawson E. Whiting
Director, President and Chief Executive Officer of the Company (Principal Executive Officer)
/s/ Patrick Bousquet-Chavanne
By:
Patrick Bousquet-Chavanne
Director
/s/ Stuart R. Brown
By:
Stuart R. Brown
Director
/s/ John D. Cook
By:
John D. Cook
Director
/s/ Marshall B. Farrer
By:
Marshall B. Farrer
Director
/s/ Augusta Brown Holland
By:
Augusta Brown Holland
Director
/s/ Michael J. Roney
By:
Michael J. Roney
Director
/s/ Jan E. Singer
By:
Jan E. Singer
Director
/s/ Tracy L. Skeans
By:
Tracy L. Skeans
Director
/s/ Michael A. Todman
By:
Michael A. Todman
Director
/s/ Leanne D. Cunningham
By:
Leanne D. Cunningham
Senior Vice President and Chief Financial Officer (Principal Financial Officer)
/s/ Kelli N. Brown
By:
Kelli N. Brown
Senior Vice President and Chief Accounting Officer (Principal Accounting Officer)
Brown-Forman Corporation and Subsidiaries
Schedule II – Valuation and Qualifying Accounts
For the Years Ended April 30, 2020, 2021, and 2022
(Expressed in millions)
Col. A
Col. B
Col. C(1)
Col. C(2)
Col. D
Col. E
Description
Balance at Beginning of Period
Additions Charged to Costs and Expenses
Additions Charged to Other Accounts
Deductions
Balance at End of Period
2020
Allowance for doubtful accounts
$
7
$
4
$
—
$
—
$
11
Deferred tax valuation allowance
$
25
$
2
$
—
$
5
$
22
2021
Allowance for doubtful accounts
$
11
$
—
$
—
$
4
(1)
$
7
Deferred tax valuation allowance
$
22
$
10
$
—
$
12
$
20
2022
Allowance for doubtful accounts
$
7
$
7
$
—
$
1
(1)
$
13
Deferred tax valuation allowance
$
20
$
8
$
—
$
1
$
27
(1)Doubtful accounts written off, net of recoveries.
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