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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2021
Cash flows from operating activities:      
Net income $ 783 $ 838 $ 903
Adjustments to reconcile net income to net cash provided by operations:      
Gain on sale of business 0 0 (127)
Asset impairment charges 96 61 0
Depreciation and amortization 80 79 77
Stock-based compensation expense 18 15 12
Deferred income tax provision (benefit) (3) (11) (53)
Other, net 18 31 (23)
Changes in assets and liabilities, net of business acquisitions and dispositions:      
Accounts receivable (21) (77) (150)
Inventories (403) (93) (37)
Other current assets 4 15 31
Accounts payable and accrued expenses 77 37 137
Accrued income taxes (57) 47 8
Other operating assets and liabilities 48 (6) 39
Cash provided by operating activities 640 936 817
Cash flows from investing activities:      
Proceeds from sale of business 0 0 177
Business acquisitions, net of cash acquired (1,195) 0 (14)
Additions to property, plant, and equipment (183) (138) (62)
Other, net 23 11 (3)
Cash provided by (used for) investing activities (1,355) (127) 98
Cash flows from financing activities:      
Proceeds from short-term borrowings, maturities greater than 90 days 600 0 344
Repayments of short-term borrowings, maturities greater than 90 days (600) 0 (516)
Net change in other short-term borrowings 234 (196) 46
Repayment of long-term debt (250) 0 0
Proceeds from long-term debt 648 0 0
Dividends paid (378) (831) (338)
Other, net (15) (11) (21)
Cash provided by (used for) financing activities 239 (1,038) (485)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (14) (47) 45
Net increase (decrease) in cash, cash equivalents, and restricted cash (490) (276) 475
Cash, cash equivalents, and restricted cash at beginning of period 874 1,150 675
Cash, cash equivalents, and restricted cash at end of period 384 874 1,150
Less: Restricted cash (included in other current assets) at end of period (10) (6) 0
Cash and cash equivalents at end of period 374 868 1,150
Supplemental disclosure of cash paid for:      
Interest 85 80 79
Income taxes $ 278 $ 226 $ 204