BROWN FORMAN CORPORATION
CONSOLIDATED BALANCE SHEETS
(Dollars in millions)
	2017	2018
Assets
Cash & Cash equivalents	182	239
Accounts receivable, net	557	639
Inventories	1,270	1,379
Other Current Assets	342	298
Total Current Assets	2,351	2,555
Property, plant and eqeuipment	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
Income taxes	9	25
Income borrowings	211	215
Current portion of long-term debt	249	-
Total current liabilities	970	821
Long-term debt	1,689	2,341
Deferred tax liabilities	152	85
Accrued pension and other postreitrement benefits	314	191
Other liabilities	130	222
Total Liabilities	3,255	3,660
Stockholders' Equity
Common Stock
Class A, voting, $0.15 par value (170,000,000 shares authorized)	25	25
Class B, nonvoting, $0.15 par value (400,000,000 shares authorized)	43	47
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 (88,175,000 and 3,531,000 shares in 2017 and 2018, respectively	(2843)	(112)
Total stockholders' equity	1,370	1,316
Total liabilities and stockholders' equity	4,625	4,976

Your overall detailed analysis and conclusion as to the performance of each selected company with a further detailed comparative analysis between the companies selected