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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 31, 2023
Apr. 30, 2023
Assets    
Cash and cash equivalents $ 426 $ 374
Accounts receivable, less allowance for doubtful accounts of $7 at April 30 and $7 at July 31 872 855
Inventories:    
Barreled whiskey 1,308 1,262
Finished goods 596 509
Work in process 394 321
Raw materials and supplies 204 191
Total inventories 2,502 2,283
Assets held for sale 135 0
Other current assets 255 289
Total current assets 4,190 3,801
Property, plant, and equipment, net 1,050 1,031
Goodwill 1,494 1,457
Other intangible assets 1,014 1,164
Deferred tax assets 67 66
Other assets 271 258
Total assets 8,086 7,777
Liabilities    
Accounts payable and accrued expenses 761 827
Dividends payable 98 0
Accrued income taxes 47 22
Short-term borrowings 389 235
Liabilities held for sale 13 0
Total current liabilities 1,308 1,084
Long-term debt 2,687 2,678
Deferred tax liabilities 324 323
Accrued pension and other postretirement benefits 171 171
Other liabilities 258 253
Total liabilities 4,748 4,509
Commitments and contingencies
Stockholders' Equity    
Additional paid-in capital 1 1
Retained earnings 3,674 3,643
Accumulated other comprehensive income (loss), net of tax (199) (235)
Treasury stock, at cost (5,215,000 and 5,150,000 shares at April 30 and July 31, respectively) (210) (213)
Total stockholders' equity 3,338 3,268
Total liabilities and stockholders' equity 8,086 7,777
Common stock, Class A, voting [Member]    
Stockholders' Equity    
Common stock 25 25
Common stock, Class B, nonvoting [Member]    
Stockholders' Equity    
Common stock $ 47 $ 47