Streamflow in high-elevation and high-latitude areas may be vulnerable to snow loss, making it important to quantify how snowmelt and rainfall are divided between soil storage, drainage below plant roots, evapotranspiration and runoff. We examine this separation in different climates and soils using a physically based model. Results show runoff may be reduced with snowpack decline in all climates. The mechanisms responsible help explain recent observations of streamflow sensitivity to snow loss.