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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Jan. 31, 2021
Jan. 31, 2020
Income Statement [Abstract]        
Sales $ 1,222 $ 1,178 $ 3,481 $ 3,404
Excise taxes 311 279 832 750
Net sales 911 899 2,649 2,654
Cost of sales 361 342 1,053 980
Gross profit 550 557 1,596 1,674
Advertising expenses 121 104 278 308
Selling, general, and administrative expenses 157 153 460 475
Gain on sale of business 0 0 (127) 0
Other expense (income), net (9) (4) (13) (13)
Operating income 281 304 998 904
Non-operating postretirement expense 1 1 4 3
Interest income 0 (1) (1) (4)
Interest expense 21 20 61 62
Income before income taxes 259 284 934 843
Income taxes 40 53 151 144
Net income $ 219 $ 231 $ 783 $ 699
Earnings per share:        
Basic (dollars per share) $ 0.46 $ 0.48 $ 1.64 $ 1.46
Diluted (dollars per share) $ 0.45 $ 0.48 $ 1.63 $ 1.45