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Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 30, 2016
Apr. 30, 2015
ASSETS    
Cash and cash equivalents $ 263 $ 370
Accounts receivable, less allowance for doubtful accounts of $10 in 2015 and $9 in 2016 559 583
Inventories:    
Barreled whiskey 666 571
Finished goods 187 200
Work in process 116 121
Raw materials and supplies 85 61
Total inventories 1,054 953
Current deferred tax assets 0 16
Other current assets 357 332
Total current assets 2,233 2,254
Property, plant, and equipment, net 629 586
Goodwill 590 607
Other intangible assets 595 611
Deferred tax assets 17 18
Other assets 119 112
Total assets 4,183 4,188
LIABILITIES    
Accounts payable and accrued expenses 501 497
Accrued income taxes 19 12
Current deferred tax liabilities 0 9
Short-term borrowings 271 190
Current portion of long-term debt 0 250
Total current liabilities 791 958
Long-term debt 1,230 743
Deferred tax liabilities 101 107
Accrued pension and other postretirement benefits 353 311
Other liabilities 146 164
Total liabilities $ 2,621 $ 2,283
Commitments and contingencies
STOCKHOLDERS’ EQUITY    
Additional paid-in capital $ 114 $ 99
Retained earnings 4,065 3,300
Accumulated other comprehensive income (loss), net of tax (350) (300)
Treasury stock, at cost (18,613,000 and 29,571,000 shares in 2015 and 2016, respectively) (2,301) (1,228)
Total stockholders’ equity 1,562 1,905
Total liabilities and stockholders’ equity 4,183 4,188
Common stock, Class A, voting [Member]    
STOCKHOLDERS’ EQUITY    
Common stock 13 13
Total stockholders’ equity 13 13
Common Stock, Class B, nonvoting [Member]    
STOCKHOLDERS’ EQUITY    
Common stock 21 21
Total stockholders’ equity $ 21 $ 21