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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Apr. 30, 2018
Apr. 30, 2017
Apr. 30, 2016
Cash flows from operating activities:      
Net income $ 717 $ 669 $ 1,067
Adjustments to reconcile net income to net cash provided by operations:      
Gain on sale of business 0 0 (485)
Depreciation and amortization 64 58 56
Stock-based compensation expense 19 14 15
Deferred income taxes (69) (10) 10
Other, net 4 2 2
Changes in assets and liabilities, excluding the effects of sale and acquisition of businesses:      
Accounts receivable (70) 6 8
Inventories (102) (86) (127)
Other current assets 29 12 (57)
Accounts payable and accrued expenses 58 (17) 29
Accrued income taxes 16 (11) 7
Noncurrent assets and liabilities (34) 2 (1)
Cash provided by operating activities 632 639 524
Cash flows from investing activities:      
Proceeds from sale of business 0 0 543
Acquisition of business, net of cash acquired 0 (307) 0
Additions to property, plant, and equipment (127) (112) (108)
Computer software expenditures (1) (3) (2)
Cash provided by (used for) investing activities (128) (422) 433
Cash flows from financing activities:      
Net change in short-term borrowings (3) (122) 80
Repayment of long-term debt (250) 0 (250)
Proceeds from long-term debt 595 717 490
Debt issuance costs (6) (5) (5)
Net payments related to exercise of stock-based awards (28) (10) (17)
Excess tax benefits from stock-based awards 0 0 15
Acquisition of treasury stock (1) (561) (1,107)
Dividends paid (773) (274) (266)
Repayment of short-term obligation associated with acquisition of business 0 (30) 0
Cash used for financing activities (466) (285) (1,060)
Effect of exchange rate changes on cash and cash equivalents 19 (13) (4)
Net increase (decrease) in cash and cash equivalents 57 (81) (107)
Cash and cash equivalents, beginning of period 182 263 370
Cash and cash equivalents, end of period 239 182 263
Supplemental disclosure of cash paid for:      
Interest 65 48 41
Income taxes $ 200 $ 266 $ 430