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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Oct. 31, 2020
Oct. 31, 2019
Income Statement [Abstract]        
Sales $ 1,272 $ 1,248 $ 2,259 $ 2,226
Excise taxes 287 259 521 471
Net sales 985 989 1,738 1,755
Cost of sales 404 370 692 638
Gross profit 581 619 1,046 1,117
Advertising expenses 95 112 157 204
Selling, general, and administrative expenses 155 158 303 322
Gain on sale of business 0 0 (127) 0
Other expense (income), net 1 (3) (4) (9)
Operating income 330 352 717 600
Non-operating postretirement expense 2 1 3 2
Interest income (1) (1) (1) (3)
Interest expense 20 21 40 42
Income before income taxes 309 331 675 559
Income taxes 69 49 111 91
Net income $ 240 $ 282 $ 564 $ 468
Earnings per share:        
Basic (dollars per share) $ 0.50 $ 0.59 $ 1.18 $ 0.98
Diluted (dollars per share) $ 0.50 $ 0.59 $ 1.17 $ 0.97