XML 12 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Income Statement [Abstract]    
Sales $ 987 $ 929
Excise taxes 221 206
Net sales 766 723
Cost of sales 243 230
Gross profit 523 493
Advertising expenses 98 87
Selling, general, and administrative expenses 168 161
Other expense (income), net (7) (1)
Operating income 264 246
Non-operating postretirement expense 2 2
Interest income (2) (1)
Interest expense 22 16
Income before income taxes 242 229
Income taxes 42 51
Net income $ 200 $ 178
Earnings per share:    
Basic (dollars per share) $ 0.42 $ 0.37
Diluted (dollars per share) 0.41 0.37
Cash dividends per common share:    
Declared (dollars per share) 0.316 0.292
Paid (dollars per share) $ 0.158 $ 0.146