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Other Comprehensive Income
9 Months Ended
Jan. 31, 2023
Statement of Comprehensive Income [Abstract]  
Other Comprehensive Income Other Comprehensive Income
The following table shows the components of net other comprehensive income (loss):
Three Months EndedThree Months Ended
January 31, 2022January 31, 2023
(Dollars in millions)Pre-TaxTaxNetPre-TaxTaxNet
Currency translation adjustments:
Net gain (loss) on currency translation$(23)$(4)$(27)$111 $$119 
Reclassification to earnings— — — — — — 
Other comprehensive income (loss), net(23)(4)(27)111 119 
Cash flow hedge adjustments:
Net gain (loss) on hedging instruments23 (5)18 (33)(26)
Reclassification to earnings1
(2)— (2)(11)(8)
Other comprehensive income (loss), net21 (5)16 (44)10 (34)
Postretirement benefits adjustments:
Net actuarial gain (loss) and prior service cost— — — (21)(16)
Reclassification to earnings2
(1)29 (7)22 
Other comprehensive income (loss), net(1)(2)
Total other comprehensive income (loss), net$$(10)$(6)$75 $16 $91 
Nine Months EndedNine Months Ended
January 31, 2022January 31, 2023
(Dollars in millions)Pre-TaxTaxNetPre-TaxTaxNet
Currency translation adjustments:
Net gain (loss) on currency translation$(40)$(9)$(49)$110 $(2)$108 
Reclassification to earnings— — — — — — 
Other comprehensive income (loss), net(40)(9)(49)110 (2)108 
Cash flow hedge adjustments:
Net gain (loss) on hedging instruments53 (12)41 (1)
Reclassification to earnings1
(1)— (1)(34)(26)
Other comprehensive income (loss), net52 (12)40 (31)(24)
Postretirement benefits adjustments:
Net actuarial gain (loss) and prior service cost(1)— (1)(21)(16)
Reclassification to earnings2
19 (5)14 34 (8)26 
Other comprehensive income (loss), net18 (5)13 13 (3)10 
Total other comprehensive income (loss), net$30 $(26)$$92 $$94 
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.