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Debt and Credit Facilities
12 Months Ended
Apr. 30, 2020
Debt Disclosure [Abstract]  
Debt and Credit Facilities Debt and Credit Facilities
Our long-term debt (net of unamortized discounts and issuance costs) consisted of:
April 30,
2019
 
2020
2.25% senior notes, $250 principal amount, due January 15, 2023
$
249

 
$
249

3.50% senior notes, $300 principal amount, due April 15, 2025
297

 
297

1.20% senior notes, €300 principal amount, due July 7, 2026
333

 
324

2.60% senior notes, £300 principal amount, due July 7, 2028
383

 
369

4.00% senior notes, $300 principal amount, due April 15, 2038
293

 
294

3.75% senior notes, $250 principal amount, due January 15, 2043
248

 
248

4.50% senior notes, $500 principal amount, due July 15, 2045
487

 
488

 
$
2,290

 
$
2,269


Debt payments required over the next five fiscal years consist of $0 in 2021, $0 in 2022, $250 in 2023, $0 in 2024, $300 in 2025, and $1,749 after 2025.
The senior notes contain terms and covenants customary of these types of unsecured securities, including limitations on the amount of secured debt we can issue.

Details of our short-term borrowings at April 30, 2019 and 2020, are presented below:
April 30,
2019
 
2020
Commercial paper
$150
 
$333
Average interest rate
2.60%
 
1.29%
Average remaining days to maturity
18
 
73

We have a committed revolving credit agreement with various U.S. and international banks for $800 that expires in November 2023. At April 30, 2020, there were no borrowings outstanding under this facility.