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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2014
Cash flows from operating activities:      
Net income $ 1,067 $ 684 $ 659
Adjustments to reconcile net income to net cash provided by operations:      
Gain on sale of business (485) 0 0
Depreciation and amortization 56 51 50
Stock-based compensation expense 15 15 13
Deferred income taxes 10 6 (5)
Other, net 2 9 1
Changes in assets and liabilities, excluding the effects of sale of business:      
Accounts receivable 8 (50) (34)
Inventories (127) (102) (67)
Other current assets (57) (30) (43)
Accounts payable and accrued expenses 29 64 31
Accrued income taxes 7 (58) 60
Noncurrent assets and liabilities (1) 19 (16)
Cash provided by operating activities 524 608 649
Cash flows from investing activities:      
Proceeds from sale of business 543 0 0
Additions to property, plant, and equipment (108) (120) (126)
Proceeds from sale of property, plant, and equipment 0 0 2
Acquisition of brand names and trademarks 0 (4) (1)
Computer software expenditures (2) (1) (2)
Cash provided by (used for) investing activities 433 (125) (127)
Cash flows from financing activities:      
Net change in short-term borrowings 80 183 5
Repayment of long-term debt (250) 0 (2)
Proceeds from long-term debt 490 0 0
Debt issuance costs (5) 0 0
Net payments related to exercise of stock-based awards (17) (14) (19)
Excess tax benefits from stock-based awards 15 18 10
Acquisition of treasury stock (1,107) (462) (49)
Dividends paid (266) (256) (233)
Cash used for financing activities (1,060) (531) (288)
Effect of exchange rate changes on cash and cash equivalents (4) (19) (1)
Net increase (decrease) in cash and cash equivalents (107) (67) 233
Cash and cash equivalents, beginning of period 370 437 204
Cash and cash equivalents, end of period 263 370 437
Supplemental disclosure of cash paid for:      
Interest 41 27 28
Income taxes $ 430 $ 375 $ 281