{"url_path":"/sec/bf-a/10-k/2026/item-16","section_key":"item-16","section_title":"Item 16 Form 10-K Summary","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-12","source_url":"https://www.sec.gov/Archives/edgar/data/14693/0000014693-26-000024-index.html","accession_number":"0000014693-26-000024","cik":"0000014693","ticker":"BF-A","issuer_name":"BROWN FORMAN CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/14693/0000014693-26-000024-index.html","primary_entity_key":"0000014693","primary_entity_name":"BROWN FORMAN CORP"},"word_count":340,"has_tables":true,"body_markdown":"Item 16. Form 10-K Summary\n\nNone.\n\n92\n\nSIGNATURES\n\nPursuant 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.\n\n \n\nBROWN-FORMAN CORPORATION\n\n(Registrant)\n\n \n\n/s/ Lawson E. Whiting\n\nBy:Lawson E. Whiting\n\n President and Chief Executive Officer\n\nDate: June 12, 2026\n\nPursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities on June 12, 2026, as indicated.\n\nSignatureTitle\n\n/s/ Marshall B. FarrerDirector, Chair of the Board\n\nMarshall B. Farrer\n\n/s/ Lawson E. WhitingDirector, President and Chief Executive Officer of the Company\n\nLawson E. Whiting(Principal Executive Officer)\n\n/s/ Elizabeth M. Brown\nDirector\n\nElizabeth M. Brown\n\n/s/ Mark A. ClouseDirector\n\nMark A. Clouse\n\n/s/ Campbell P. BrownDirector\n\nCampbell P. Brown\n\n/s/ W. Austin Musselman, Jr.\nDirector\n\nW. Austin Musselman, Jr.\n\n/s/ Michael J. RoneyDirector\n\nMichael J. Roney\n\n/s/ Jan E. SingerDirector\n\nJan E. Singer\n\n/s/ Tracy L. SkeansDirector\n\nTracy L. Skeans\n\n93\n\nSignatureTitle\n\n/s/ Elizabeth A. SmithDirector\n\nElizabeth A. Smith\n\n/s/ Michael A. TodmanDirector\n\nMichael A. Todman\n\n/s/ James W. PetersExecutive Vice President and Chief Financial Officer\n\nJames W. Peters(Principal Financial Officer)\n\n/s/ Angela S. Enyard\nSenior Vice President, Chief Accounting Officer and Treasurer\n\nAngela S. Enyard\n(Principal Accounting Officer)\n\n94\n\nBrown-Forman Corporation and Subsidiaries\n\nSchedule II – Valuation and Qualifying Accounts\n\nFor the Years Ended April 30, 2024, 2025, and 2026\n\n(Expressed in millions)\n\n \n\nCol. ACol. BCol. C(1)Col. C(2)Col. DCol. E\n\nDescriptionBalance at\nBeginning\nof PeriodAdditions\nCharged to\nCosts and\nExpensesAdditions\nCharged to\nOther\nAccountsDeductionsBalance\nat End\nof Period\n\n2024\n\nAllowance for doubtful accounts$7 $1 $— $— $8 \n\nDeferred tax valuation allowance$14 $2 $2 $2 $16 \n\n2025\n\nAllowance for doubtful accounts$8 $2 $— $3 \n(1)\n$7 \n\nDeferred tax valuation allowance$16 $7 $14 $2 $35 \n\n2026\n\nAllowance for doubtful accounts$7 $1 $— $2 \n(1)\n$6 \n\nDeferred tax valuation allowance$35 $5 $9 $11 $38 \n\n \n\n(1)Doubtful accounts written off, net of recoveries.\n\n95"}