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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Cash flows from operating activities:    
Net income $ 324 $ 186
Adjustments to reconcile net income to net cash provided by operations:    
Gain on sale of business (127) 0
Depreciation and amortization 19 18
Stock-based compensation expense 3 3
Deferred income tax provision (43) (9)
Other, net (9) 1
Changes in assets and liabilities, net of business acquisitions and dispositions:    
Accounts receivable (133) (20)
Inventories (57) (100)
Other current assets 31 (4)
Accounts payable and accrued expenses 26 (34)
Accrued income taxes 45 35
Other operating assets and liabilities 12 (4)
Cash provided by operating activities 91 72
Cash flows from investing activities:    
Proceeds from sale of business 177 0
Acquisition of business, net of cash acquired 0 (22)
Additions to property, plant, and equipment (15) (21)
Cash provided by (used for) investing activities 162 (43)
Cash flows from financing activities:    
Proceeds from short-term borrowings, maturities greater than 90 days 159 0
Repayments of short-term borrowings, maturities greater than 90 days (70) 0
Net change in short-term borrowings, maturities of 90 days or less (34) 67
Payments of withholding taxes related to stock-based awards (9) (13)
Acquisition of treasury stock 0 (1)
Dividends paid (83) (79)
Cash used for financing activities (37) (26)
Effect of exchange rate changes on cash and cash equivalents 17 (3)
Net increase in cash and cash equivalents 233 0
Cash and cash equivalents, beginning of period 675 307
Cash and cash equivalents, end of period $ 908 $ 307