3Q24 Investor Update
CONSTELLATION BRANDS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in millions)
(unaudited)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of long-term debt
Principal payments of long-term debt
Net proceeds from (repayments of) short-term borrowings
Dividends paid
Purchases of treasury stock
Proceeds from shares issued under equity compensation plans
Payments of minimum tax withholdings on stock-based payment awards
Payments of debt issuance, debt extinguishment, and other financing costs
Distributions to noncontrolling interests
Payment to holders of Class B Stock in connection with the Reclassification
Net cash provided by (used in) financing activities
Effect of exchange rate changes on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents, beginning of period
Cash and cash equivalents, end of period
Nine Months Ended
November 30, November 30,
2023
2022
$
744.8
(807.5)
(706.4)
(491.1)
(249.7)
89.0
(11.2)
(5.3)
(35.0)
(1,472.4)
0.7
(54.8)
133.5
78.7 S
2,845.8
(1,657.3)
552.6
(441.1)
(1,400.5)
36.7
(10.5)
(34.1)
(37.5)
(1,500.0)
(1,645.9)
(2.5)
(14.4)
199.4
185.0View entire presentation