UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 8-K

                                 Current Report
     Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of
earliest event reported):     June 5, 2007

                            Brown-Forman Corporation
             (Exact name of registrant as specified in its charter)

   Delaware                  002-26821            61-0143150
(State or other            (Commission         (I.R.S. Employer
 jurisdiction of            File Number)       Identification No.)
 incorporation)

 850 Dixie Highway, Louisville, Kentucky           40210
(Address of principal executive offices)         (Zip Code)

Registrant's telephone number, including area code (502) 585-1100


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2.):

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))



Item 2.02. Results of Operations and Financial Condition

Brown-Forman  Corporation  issued a press release today,  June 5, 2007 reporting
results of its operations for the fiscal year and fiscal quarter ended April 30,
2007. A copy of this  Brown-Forman  Corporation press release is attached hereto
as Exhibit 99.1.


Item 9.01.  Financial Statements and Exhibits

 (a)      Not applicable.
 (b)      Not applicable.
 (c)      Exhibits.
          99.1     Press Release, dated June 5, 2007



                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                       Brown-Forman Corporation
                                            (Registrant)


Date:   June 5, 2007                       By:  /s/ Nelea A. Absher
                                                Nelea A. Absher
                                                Vice President and
                                                Assistant Corporate Secretary



Exhibit Index
99.1  Press Release, dated June 5, 2007, issued by Brown-Forman Corporation,
      reporting results of operations for the fiscal year and fiscal quarter
      ended April 30, 2007.



                                                                 Exhibit 99.1

FOR IMMEDIATE RELEASE


BROWN-FORMAN FISCAL 2007 UNDERLYING(1) EARNINGS PER SHARE UP 11;
REPORTED EARNINGS PER SHARE INCREASE 1%

June 5, 2007 - Brown-Forman  Corporation  reported  record earnings of $3.22 per
share from  continuing  operations  for the fiscal  year ended  April 30,  2007,
driven by continued  volume  growth and margin  improvement  from the  company's
premium brands.  Diluted  earnings per share from continuing  operations for the
full year were up 1% on a reported basis and 11% on an underlying basis.

The company  exceeded  previously  provided  earnings  guidance  for  continuing
operations as detailed below:

                                   Fiscal 2007 Diluted Earnings Per Share
                                      March Outlook             Actual

Base Continuing Operations           $3.20  -  $3.30            $3.35
Casa Herradura(2) Impact            ($0.14) - ($0.18)          ($0.13)
Projected/Reported                   $3.02  -  $3.16            $3.22


- --------
(1) Underlying earnings per share represent diluted reported earnings per share
    in accordance with GAAP, adjusted for certain items. A reconciliation from
    reported to underlying earnings per share (a non-GAAP measure) for the full
    year, and the reasons why management believes these adjustments to be useful
    to the reader, are included in Schedule A and the Notes to this press
    release.

(2) References to Casa Herradura include all brands (el Jimador, Herradura,
    New Mix, Antiguo, Suave 35 and other brands) and operations acquired in
    January, 2007




Fiscal 2007 revenues and gross profit were up 16% and 13%,  respectively.  Gross
profit  grew $173  million,  reflecting  double-digit  gains for Jack  Daniel's,
Southern   Comfort,   Finlandia,   and  the  company's   Jack  Daniel's  &  Cola
ready-to-drink  product sold  primarily in Australia.  The  improvement in gross
profit  for  these  brands  was due to  volume  growth,  margin  expansion,  and
favorable  foreign  currency  fluctuations.  The  fiscal  2007  acquisitions  of
Chambord  liqueur  and  the  Casa  Herradura  brands  also  contributed  to  the
year-over-year increases in revenues and gross profit.

Advertising  expenses increased 12% for the year due to incremental  investments
behind the company's premium global brands and spending on the recently acquired
Chambord and Casa Herradura family of brands. SG&A grew 14% for the year, due in
large part to the company's global  distribution  initiatives.  Operating income
from continuing operations increased $39 million, up 7% for the year.

Reported  results  from  continuing  operations  in the  current  and prior year
included  several  items that  management  believes were not  representative  of
underlying earnings growth.  Consistent with past practice, the company excludes
these items to provide an informative measure of underlying growth (see Schedule
A).

Jack Daniel's, Southern Comfort, and Finlandia achieved record profit levels for
the fiscal  year.  Favorable  exchange  trends and higher  volumes  and  pricing
contributed to double-digit  gross profit growth for each of the brands.  Global
depletions  for Jack  Daniel's  were up 6% over the  prior  year.  In the  U.S.,
depletions improved in the  low-single-digits,  while  international  depletions
grew at a double-digit rate.  Depletion growth rates were particularly strong in
Germany, France, South Africa, Italy, Russia, and Japan.

Southern  Comfort global  depletions grew 3%, with mid-single digit gains in the
U.S. and South Africa.  Finlandia  volumes were up 15%  globally,  led by strong
double-digit growth in Poland, the brand's largest market.



Depletions  for the  company's  mid-priced  brands were flat for the year, as 5%
depletion  growth for both Fetzer  Valley Oaks and Korbel was offset by declines
for  Canadian  Mist,  Bolla,  and  Early  Times.  Depletions  for the  company's
super-premium  brands grew at a double-digit  rate,  behind continued growth for
all brands in this category, most notably Sonoma-Cutrer and Woodford Reserve.

The following chart summarizes the fiscal 2007 worldwide depletions  (depletions
are shipments from wholesaler distributors to retail customers, and are commonly
regarded in the  industry  as an  approximate  measure of  consumer  demand) for
Brown-Forman's largest volume brands:

                                    Nine-Liter              % Change vs
       Brand                       Cases (000s)             Fiscal 2006

   Jack Daniel's                       9,075                     6%
   Southern Comfort                    2,465                     3%
   Finlandia                           2,440                    15%
   Fetzer Valley Oaks                  2,295                     5%
   Canadian Mist                       1,945                    (4%)
   Jack Daniel's & Cola                1,925                    28%


Reported  fourth quarter diluted  earnings per share from continuing  operations
were $0.56, down 9% from the same period last year. However, adjusting quarterly
comparisons  for  the  impact  of  acquisitions,   favorable   foreign  currency
fluctuations  and last  year's gain  associated  with  changes in the  company's
Australian  distribution  operation,  underlying  earnings growth for the fourth
quarter was 11%(3).

Fiscal 2008 Outlook

Global trends for our premium beverage  portfolio remain strong, and we continue
to believe there are  excellent  opportunities  to invest behind our brands.  We
anticipate  earnings  in the range of $3.53 to $3.68 per share for fiscal  2008,
representing  growth of 8% to 13% over comparable  fiscal 2007 earnings of $3.27
per share.  This outlook  excludes the projected  earnings  dilution of $0.13 to
$0.18 per share  associated with the Casa Herradura  acquisition,  two-thirds of
which we  expect  to be  transition-related  costs.  These  costs  will  include
integration and compliance expenditures and non-cash charges associated with the
purchase of distribution rights for the Herradura brand in the U.S.

- --------
(3) Underlying earnings per share represent diluted reported earnings per share
    in accordance with GAAP, adjusted for certain items. A reconciliation from
    reported to underlying earnings per share (a non-GAAP measure) for the
    fourth quarter, and the reasons why management believes these adjustments
    to be useful to the reader, is included in Schedule B and the Notes to this
    press release.




Including anticipated dilution from the Casa Herradura acquisition,  the company
expects fiscal 2008 earnings of $3.35 to $3.55 per share, representing growth of
7 to 13% over comparable 2007 earnings.


                                                              Fiscal        Fiscal 2008
                                                               2007           Outlook
                                                                      

GAAP Reported Earnings Per Share                               $3.22
Gain on sale of winery assets                                 ($0.08)
                                                              -------
Adjusted Earnings Per Share including Casa Herradura           $3.14        $3.35 - $3.55    7-13% growth
Costs associated with the Casa Herradura acquisition           $0.13        $0.18 - $0.13
                                                              -------
Adjusted Earnings Per Share excluding Casa Herradura           $3.27        $3.53 - $3.68    8-13% growth
                                                              =======


Our full-year  earnings  expectations  are moderated by our  expectations  for a
higher  effective  tax rate,  anticipated  higher raw  material  costs,  and the
absence of $0.06 of interest  income earned in fiscal 2007 on proceeds held from
the sale of Lenox, which was distributed to shareholders on May 10, 2007.

Brown-Forman  will host a  conference  call to discuss the results at 10:00 a.m.
(EDT) this morning.  All interested  parties in the U.S. are invited to join the
conference call by dialing  888-624-9285 and asking for the  Brown-Forman  call.
International  callers  should dial  706-679-3410  and ask for the  Brown-Forman
call. No password is required.  The company suggests that  participants  dial in
approximately  ten minutes in advance of the 010:00 a.m. start of the conference
call.

A live  audio  broadcast  of the  conference  call  will also be  available  via
Brown-Forman's  Internet  Web  site,  www.brown-forman.com,  through  a link  to
"Investors/Information."  For those  unable to  participate  in the live call, a
replay  will  be  available  by  calling  800-642-1687  (U.S.)  or  706-645-9291
(international).  The identification  code is 9424319. A digital audio recording
of the conference call will also be available on the Web site  approximately one
hour after the conclusion of the  conference  call. The replay will be available
for at least 30 days following the conference call.

Brown-Forman  Corporation is a diversified producer and marketer of fine quality
consumer products,  including Jack Daniel's,  Southern Comfort, Finlandia Vodka,
Tequila  Herradura,  el Jimador Tequila,  Canadian Mist, Fetzer and Bolla Wines,
and Korbel California Champagnes.



IMPORTANT NOTE ON FORWARD-LOOKING STATEMENTS:

This release  contains  statements,  estimates,  or projections  that constitute
"forward-looking  statements"  as defined under U.S.  federal  securities  laws.
Generally,   the  words  "expect,"  "believe,"  "intend,"   "estimate,"  "will,"
"anticipate," and "project," and similar expressions  identify a forward-looking
statement,  which speaks only as of the date the  statement  is made.  Except as
required  by law,  we do not  intend to update  or  revise  any  forward-looking
statements, whether as a result of new information, future events, or otherwise.
We  believe  that  the   expectations   and  assumptions  with  respect  to  our
forward-looking statements are reasonable. But by their nature,  forward-looking
statements involve known and unknown risks, uncertainties and other factors that
in some  cases are out of our  control.  These  factors  could  cause our actual
results to differ materially from  Brown-Forman's  historical  experience or our
present expectations or projections.  Here is a non-exclusive list of such risks
and uncertainties:

 - changes in general economic conditions, particularly in the United States
   where we earn a significant portion of our profits;
 - lower consumer confidence or purchasing in the wake of higher energy prices
   or catastrophic events;
 - tax increases, whether at the federal or state level or in major
   international markets and/or tariff barriers or other restrictions affecting
   beverage alcohol;
 - limitations and restrictions on distribution of products and alcohol
   marketing, including advertising and promotion, as a result of stricter
   governmental policies adopted either in the United States or in international
   markets;
 - adverse developments in the class action lawsuits filed against Brown-Forman
   and other spirits, beer and wine manufacturers alleging that our industry
   conspired to promote the consumption of alcohol by those under the legal
   drinking age;
 - a strengthening U.S. dollar against foreign currencies, especially the
   British Pound, Euro, Australian Dollar, and the Mexican Peso;
 - reduced bar, restaurant, hotel and travel business, including travel retail,
   in the wake of terrorist attacks;
 - lower consumer confidence or purchasing associated with high energy prices;
 - longer-term, a change in consumer preferences, social trends or cultural
   trends that results in the reduced consumption of our premium spirits brands;
 - changes in distribution arrangements in major markets that limit our ability
   to market or sell our products;
 - adverse impact on performance and reported results as a consequence of
   integrating acquisitions and ensuring their conformance to the company's
   trade practice standards, financial controls environment and U.S. public
   company requirements;
 - increases in the price of energy or raw materials, including grapes, grain,
   wood, glass, and plastic;
 - excess wine inventories or a world-wide oversupply of grapes or agave;
 - termination of our rights to distribute and market agency brands included in
   our portfolio;
 - counterfeit production of our products and any resulting negative effect on
   our intellectual property rights or brand equity; and
 - adverse developments as a result of state or federal investigations of
   beverage alcohol industry trade practices of suppliers, distributors and
   retailers.



                            Brown-Forman Corporation
                 Unaudited Consolidated Statements of Operations
                 (Dollars in millions, except per share amounts)

                                       Three Months Ended
                                            April 30,
                                      2006           2007         Change
                                     ------         ------        ------
CONTINUING OPERATIONS
   Net sales                         $585.1         $690.8          18%
   Gross profit                       323.0          361.9          12%
   Advertising expenses                80.1           93.9          17%
   Selling, general, and
    administrative expenses           140.8          158.9          13%
   Other (income) expense, net         (0.6)           0.5
      Operating income                102.7          108.6           6%
   Interest (income) expense, net      (0.3)          10.9
      Income before income taxes      103.0           97.7          (5%)
   Income taxes                        27.3           28.4
      Net income                       75.7           69.3          (8%)

   Earnings per share:
      Basic                           0.619          0.563          (9%)
      Diluted                         0.611          0.557          (9%)


DISCONTINUED OPERATIONS
   Net income (loss)                   $2.7          $(2.5)

   Earnings (loss) per share:
      Basic                           0.022         (0.020)
      Diluted                         0.022         (0.020)


TOTAL COMPANY
   Net income                         $78.4          $66.8         (15%)

   Earnings per share:
      Basic                           0.641          0.543         (15%)
      Diluted                         0.633          0.537         (15%)


                                     (more)


                            Brown-Forman Corporation
                 Unaudited Consolidated Statements of Operations
                 (Dollars in millions, except per share amounts)

                                           Year Ended
                                            April 30,
                                      2006           2007         Change
                                     ------         ------        ------
CONTINUING OPERATIONS
   Net sales                       $2,412.2       $2,806.1          16%
   Gross profit                     1,308.3        1,480.8          13%
   Advertising expenses               323.3          361.1          12%
   Selling, general, and
    administrative expenses           469.2          537.0          14%
   Other (income), net                (47.4)         (19.6)
      Operating income                563.2          602.3           7%
   Interest expense, net                3.5           16.3
      Income before income taxes      559.7          586.0           5%
   Income taxes                       164.2          185.9
      Net income                      395.5          400.1           1%

   Earnings per share:
      Basic                           3.239          3.257           1%
      Diluted                         3.204          3.222           1%


DISCONTINUED OPERATIONS
   Net loss                          $(75.1)        $(10.6)

   Loss per share:
      Basic                          (0.615)        (0.087)
      Diluted                        (0.608)        (0.086)


TOTAL COMPANY
   Net income                        $320.4         $389.5          22%

   Earnings per share:
      Basic                           2.624          3.170          21%
      Diluted                         2.596          3.136          21%


                                     (more)



                            Brown-Forman Corporation
                 Unaudited Condensed Consolidated Balance Sheets
                              (Dollars in millions)

                                                 April 30,           April 30,
                                                   2006                2007
                                                  ------              ------
Assets:
Cash and cash equivalents                        $  475              $  283
Short-term investments                              160                  86
Accounts receivable, net                            323                 404
Inventories                                         511                 694
Other current assets                                140                 181
                                                  -----               -----
     Total current assets                         1,609               1,648

Property, plant, and equipment, net                 425                 506
Goodwill                                            192                 670
Other intangible assets                             325                 684
Prepaid pension cost                                146                  23
Other assets                                         31                  33
                                                  -----               -----
     Total assets                                $2,728              $3,564
                                                  =====               =====

Liabilities:
Accounts payable and accrued expenses            $  289              $  361
Accrued income taxes                                 49                  27
Payable to shareholders                              --                 204
Short-term borrowings                               225                 405
Current portion of long-term debt                    --                 350
Other current liabilities                             6                  --
                                                  -----               -----
     Total current liabilities                      569               1,347

Long-term debt                                      351                 422
Deferred income taxes                               133                  69
Accrued postretirement benefits                      78                 123
Other liabilities                                    34                  30
                                                  -----               -----
     Total liabilities                            1,165               1,991

Stockholders' equity                              1,563               1,573
                                                  -----               -----

Total liabilities and stockholders' equity       $2,728              $3,564
                                                  =====               =====

                                     (more)



                            Brown-Forman Corporation
            Unaudited Condensed Consolidated Statements of Cash Flows
              (including cash flows from discontinued operations)
                              (Dollars in millions)

                                                              Year Ended
                                                               April 30,
                                                         2006            2007
                                                        ------          ------
Cash flows from operating activities:
   Continuing operations                                 $361            $349
   Discontinued operations                                (18)              6
                                                        -----           -----
         Cash provided by operating activities            343             355

Cash flows from investing activities:
   Acquisition of businesses                               --          (1,045)
   Net (increase) decrease in short-term investments     (160)             74
   Proceeds from sale of discontinued operations          205              12
   Additions to property, plant, and equipment            (51)            (58)
   Other                                                    3             (21)
                                                        -----           -----
         Cash (used for) investing activities             (3)          (1,038)

Cash flows from financing activities:
   Net (decrease) increase in debt                        (55)            597
   Dividends paid                                        (128)           (143)
   Other                                                   23              33
                                                        -----           -----
         Cash (used for) provided by
          financing activities                           (160)            487

Effect of exchange rate changes
 on cash and cash equivalents                              --               4
                                                        -----           -----

Net increase (decrease) in cash and cash equivalents      180            (192)

Cash and cash equivalents, beginning of period            295             475
                                                        -----           -----
Cash and cash equivalents, end of period                 $475            $283
                                                        =====           =====


                                     (more)



                            Brown-Forman Corporation
                           Continuing Operations Only
                      Supplemental Information (Unaudited)
                 (Dollars in millions, except per share amounts)


                                                        Three Months Ended
                                                             April 30,
                                                    2006                  2007
                                                   ------                ------

Depreciation and amortization                       $11.0                 $13.0

Excise taxes                                       $122.5                $142.4

Effective tax rate                                  26.6%                 29.1%

Cash dividends paid per common share              $0.2800               $0.3025

Shares (in thousands) used in the
calculation of earnings per share
   - Basic                                        122,288               123,044
   - Diluted                                      123,787               124,236


                                                            Year Ended
                                                             April 30,
                                                    2006                  2007
                                                   ------                ------

Depreciation and amortization                       $42.4                 $44.8

Excise taxes                                       $468.4                $588.5

Effective tax rate                                  29.3%                 31.7%

Cash dividends paid per common share               $1.050                $1.165

Shares (in thousands) used in the
calculation of earnings per share
   - Basic                                        122,094               122,868
   - Diluted                                      123,439               124,201


These  figures have been prepared in  accordance  with the  company's  customary
accounting practices.



                                   Schedule A

                            Brown-Forman Corporation
                            Supplemental Information

                                          Full Year Diluted Earnings Per Share
                                               from Continuing Operations
                                           Fiscal        Fiscal
                                            2006          2007       % Change

Reported GAAP                              $3.20          $3.22          1%

Australian distribution transition         (0.15)
Glenmorangie distribution termination      (0.11)
Gain on sale of winery assets              (0.04)         (0.08)
Trade inventory levels                     (0.05)         (0.01)
Foreign exchange                                          (0.13)
Acquisitions(4)                                            0.15

Underlying(5)                              $2.85          $3.15         11%


                                   Schedule B

                            Brown-Forman Corporation
                            Supplemental Information

                                             Q4 Diluted Earnings Per Share
                                               from Continuing Operations
                                          Q4 2006        Q4 2007      % Change

Reported GAAP                              $0.61          $0.56         (9%)

Australian distribution transition         (0.01)
Foreign exchange                                          (0.02)
Acquisitions(6)                                            0.12

Underlying(5)                              $0.60          $0.66         11%




- --------
(4) Includes $0.02 for Chambord and $0.13 for Casa Herradura.
(5) Management believes that disclosing this measure of earnings per share is
    important because it more accurately reflects the underlying operations and
    growth of the company.
(6) Includes $0.01 for Chambord and $0.11 for Casa Herradura.



Notes to Schedule A and B:

Australian  distribution  transition - Refers to the gain recorded during fiscal
2006 associated with changes in our  distribution  operations in Australia.  The
gain  represents the receipt of a contractual  termination  payment,  net of the
loss  of  gross  profits  associated  with  the  change  in  timing  of  revenue
recognition for shipments to this now  wholly-owned  operation.  We believe this
item creates a disproportionate  effect on underlying  business results,  making
comparisons difficult to understand for the reader. In addition, we believe that
excluding this gain provides helpful information in forecasting and planning the
growth expectations of the company.

Glenmorangie  distribution  termination  - Refers  to the gain  recorded  during
fiscal 2006 associated with consideration  received from the brand owner for the
termination  of  the  company's   distribution  and  marketing  rights  for  the
Glenmorangie  family of brands. We believe this item created a  disproportionate
effect  on  underlying  business  results,   making  comparisons   difficult  to
understand  for the reader.  In addition,  we believe that  excluding  this gain
provides helpful information in forecasting and planning the growth expectations
of the company.

Gain on sale of winery assets - Refers to the gain  recorded  during fiscal 2006
associated with the company's sale of the former Jekel winery,  and the net gain
recorded  during fiscal 2007  associated with the sale of an Italian winery used
in  the   production   of  Bolla  wines.   We  believe   these  items  create  a
disproportionate  effect on  underlying  business  results,  making  comparisons
difficult to understand for the reader.  In addition,  we believe that excluding
these gains provides helpful  information in forecasting and planning the growth
expectations of the company.

Trade inventory levels - Refers to the estimated  financial impact of changes in
wholesale  trade  inventories  for the company's  brands in markets where we use
third-party  distributors.  It does not reflect any changes in markets where the
company sells direct to the retail trade, such as the UK, Australia, Germany and
Poland.  We  believe  it is  important  to make  this  adjustment  in order  for
management  and  investors to  understand  the results of our  business  without
distortions that can arise from varying levels of wholesale inventories.

Foreign  exchange  - Refers to net  gains and  losses  incurred  by the  company
relating to sales and purchases in currencies other than the U.S. Dollar. We use
the measure to understand the growth of the business on a constant  dollar basis
as fluctuations in exchange rates distort the underlying  growth of our business
(both positively and  negatively).  To neutralize the effect of foreign exchange
fluctuations, we have historically translated current year results at prior year
rates.  While we recognize that foreign  exchange  volatility is a reality for a
global company, we routinely review our company performance on a constant dollar
basis.  We believe this allows both  management  and our investors to understand
better our company's growth trends.

Acquisitions  - Refers to the various costs  (primarily  transition and interest
expense)  associated  with the  acquisitions  of the Casa  Herradura  brands and
Chambord. We believe brand acquisitions can create a disproportionate  effect on
underlying business results,  making comparisons difficult to understand for the
reader. In addition, we believe that excluding the acquisition costs of Chambord
and Casa  Herradura  brands  provide  helpful  information  in  forecasting  and
planning the growth expectations of the company.

The company cautions that non-GAAP measures should be considered in addition to,
but not as a substitute for, the company's reported GAAP results.



                                   Schedule C

                            Brown-Forman Corporation
                           Continuing Operations Only
                            Supplemental Information
                              (Dollars in millions)


                                                        Three Months Ended
                                                             April 30,
                                                    2006                  2007
                                                   ------                ------
CONTINUING OPERATIONS

Net sales                                          $585.1                $690.8

Excise taxes                                       (122.5)               (142.4)

Net sales (stripped of excise taxes)                462.6                 548.4

Gross profit (as reported)                          323.0                 361.9

Gross margin (stripped net sales basis)             69.8%                 66.0%


                                                            Year Ended
                                                             April 30,
                                                    2006                  2007
                                                   ------                ------
CONTINUING OPERATIONS

Net sales                                        $2,412.2              $2,806.1

Excise taxes                                       (468.4)               (588.5)

Net sales (stripped of excise taxes)              1,943.8               2,217.6

Gross profit (as reported)                        1,308.3               1,480.8

Gross margin (stripped net sales basis)             67.3%                 66.8%