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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 31, 2022
Apr. 30, 2022
Assets    
Cash and cash equivalents $ 899 $ 868
Accounts receivable, less allowance for doubtful accounts of $13 at April 30 and $5 at July 31 841 813
Inventories:    
Barreled whiskey 1,175 1,155
Finished goods 351 312
Work in process 226 225
Raw materials and supplies 160 126
Total inventories 1,912 1,818
Other current assets 271 277
Total current assets 3,923 3,776
Property, plant, and equipment, net 880 875
Goodwill 756 761
Other intangible assets 578 586
Deferred tax assets 81 74
Other assets 303 301
Total assets 6,521 6,373
Liabilities    
Accounts payable and accrued expenses 644 703
Dividends payable 90 0
Accrued income taxes 126 81
Current portion of long-term debt 250 250
Total current liabilities 1,110 1,034
Long-term debt 1,998 2,019
Deferred tax liabilities 236 219
Accrued pension and other postretirement benefits 183 183
Other liabilities 187 181
Total liabilities 3,714 3,636
Commitments and contingencies
Stockholders' Equity    
Retained earnings 3,307 3,242
Accumulated other comprehensive income (loss), net of tax (351) (352)
Treasury stock, at cost (5,511,000 and 5,410,000 shares at April 30 and July 31, respectively) (221) (225)
Total stockholders' equity 2,807 2,737
Total liabilities and stockholders' equity 6,521 6,373
Common stock, Class A, voting [Member]    
Stockholders' Equity    
Common stock 25 25
Common stock, Class B, nonvoting [Member]    
Stockholders' Equity    
Common stock $ 47 $ 47