Other Comprehensive Income (Tables)

3 Months Ended

Jul. 31, 2022

Statement of Comprehensive Income [Abstract]

Comprehensive Income (Loss) [Table Text Block]

The following table shows the components of net other comprehensive income (loss):

	Three Months Ended						Three Months Ended
	July 31, 2021						July 31, 2022
(Dollars in millions)	Pre-Tax		Tax		Net		Pre-Tax		Tax		Net
Currency translation adjustments:
Net gain (loss) on currency translation	$	(8)	$	(2)	$	(10)	$	(1)	$	(4)	$	(5)
Reclassification to earnings	—		—		—		—		—		—
Other comprehensive income (loss), net	(8)		(2)		(10)		(1)		(4)		(5)
Cash flow hedge adjustments:
Net gain (loss) on hedging instruments	15		(3)		12		14		(4)		10
Reclassification to earnings1	3		(1)		2		(8)		2		(6)
Other comprehensive income (loss), net	18		(4)		14		6		(2)		4
Postretirement benefits adjustments:
Net actuarial gain (loss) and prior service cost	—		—		—		—		—		—
Reclassification to earnings2	6		(2)		4		3		(1)		2
Other comprehensive income (loss), net	6		(2)		4		3		(1)		2
Total other comprehensive income (loss), net	$	16	$	(8)	$	8	$	8	$	(7)	$	1

1Pre-tax amount for each period is classified as sales in the accompanying condensed consolidated statements of operations.

2Pre-tax amount for each period is classified as non-operating postretirement expense in the accompanying condensed consolidated statements of operations.