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Stockholders' Equity
3 Months Ended
Jul. 31, 2019
Stockholders' Equity Attributable to Parent [Abstract]  
Stockholders' Equity Note Disclosure [Text Block] Stockholders’ Equity
The following table shows the changes in stockholders’ equity during the three months ended July 31, 2018:
(Dollars in millions)
Class A Common Stock
 
Class B Common Stock
 
Additional Paid-in Capital
 
Retained Earnings
 
AOCI
 
Treasury Stock
 
Total
Balance at April 30, 2018
$
25

 
$
47

 
$
4

 
$
1,730

 
$
(378
)
 
$
(112
)
 
$
1,316

Cumulative effect of changes in accounting standards
 
 
 
 
 
 
(5
)
 
 
 
 
 
(5
)
Net income
 
 
 
 
 
 
200

 
 
 
 
 
200

Net other comprehensive income (loss)
 
 
 
 
 
 
 
 
14

 
 
 
14

Declaration of cash dividends
 
 
 
 
 
 
(152
)
 
 
 
 
 
(152
)
Acquisition of treasury stock
 
 
 
 
 
 
 
 
 
 
(6
)
 
(6
)
Stock-based compensation expense
 
 
 
 
5

 
 
 
 
 
 
 
5

Stock issued under compensation plans
 
 
 
 
 
 
 
 
 
 
9

 
9

Loss on issuance of treasury stock issued under compensation plans
 
 
 
 
(7
)
 
(6
)
 
 
 
 
 
(13
)
Balance at July 31, 2018
$
25

 
$
47

 
$
2

 
$
1,767

 
$
(364
)
 
$
(109
)
 
$
1,368



The following table shows the changes in stockholders’ equity during the three months ended July 31, 2019:
(Dollars in millions)
Class A Common Stock
 
Class B Common Stock
 
Additional Paid-in Capital
 
Retained Earnings
 
AOCI
 
Treasury Stock
 
Total
Balance at April 30, 2019
$
25

 
$
47

 
$

 
$
2,238

 
$
(363
)
 
$
(300
)
 
$
1,647

Adoption of ASU 2018-02 (Note 1)
 
 
 
 
 
 
43

 
(43
)
 
 
 

Net income
 
 
 
 
 
 
186

 
 
 
 
 
186

Net other comprehensive income (loss)
 
 
 
 
 
 
 
 
(1
)
 
 
 
(1
)
Declaration of cash dividends
 
 
 
 
 
 
(158
)
 
 
 
 
 
(158
)
Acquisition of treasury stock
 
 
 
 
 
 
 
 
 
 
(1
)
 
(1
)
Stock-based compensation expense
 
 
 
 
3

 
 
 
 
 
 
 
3

Stock issued under compensation plans
 
 
 
 
 
 
 
 
 
 
16

 
16

Loss on issuance of treasury stock issued under compensation plans
 
 
 
 
(2
)
 
(27
)
 
 
 
 
 
(29
)
Balance at July 31, 2019
$
25

 
$
47

 
$
1

 
$
2,282

 
$
(407
)
 
$
(285
)
 
$
1,663



The following table shows the change in each component of AOCI, net of tax, during the three months ended July 31, 2019:
(Dollars in millions)
Currency Translation Adjustments
 
Cash Flow Hedge Adjustments
 
Postretirement Benefits Adjustments
 
Total AOCI
Balance at April 30, 2019
$
(207
)
 
$
31

 
$
(187
)
 
$
(363
)
Adoption of ASU 2018-02 (Note 1)
(1
)
 
(1
)
 
(41
)
 
(43
)
Net other comprehensive income (loss)
(13
)
 
9

 
3

 
(1
)
Balance at July 31, 2019
$
(221
)
 
$
39

 
$
(225
)
 
$
(407
)


The following table shows the cash dividends declared per share on our Class A and Class B common stock during the three months ended July 31, 2019:
Declaration Date
 
Record Date
 
Payable Date
 
Amount per Share
May 23, 2019
 
June 6, 2019
 
July 1, 2019
 
$0.166
July 25, 2019
 
September 6, 2019
 
October 1, 2019
 
$0.166