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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Operating Activities    
Net income $ 347.3 $ 312.4
Adjustments to reconcile net income to net cash provided by operations:    
Depreciation 107.0 110.4
Amortization 103.5 106.0
Share-based compensation expense 15.1 16.4
Loss on disposal of assets – net 1.0 2.6
Other noncash adjustments 0.4 (2.4)
Defined benefit pension contributions (1.3) (1.8)
Changes in assets and liabilities, net of effect from businesses acquired:    
Trade receivables (69.9) (178.5)
Inventories (132.7) 107.6
Other current assets 4.8 36.1
Accounts payable (5.5) (39.7)
Accrued liabilities 23.3 37.1
Income and other taxes (38.6) 68.3
Other – net 20.9 8.0
Net Cash Provided by Operating Activities 375.3 582.5
Investing Activities    
Business acquired, net of cash acquired 0.0 7.9
Additions to property, plant, and equipment (84.0) (117.4)
Proceeds from Sale of Property, Plant, and Equipment 0.4 0.2
Other – net (12.7) 13.3
Net Cash Used for Investing Activities (96.3) (96.0)
Financing Activities    
Short-term borrowings – net 122.0 144.0
Repayments of long-term debt (200.0) (450.0)
Quarterly dividends paid (164.9) (156.5)
Purchase of treasury shares (18.8) (7.4)
Other – net 0.6 0.5
Net Cash Used for Financing Activities (261.1) (469.4)
Effect of exchange rate changes on cash (5.9) (3.7)
Net increase in cash and cash equivalents 12.0 13.4
Cash and cash equivalents at beginning of period 109.8 125.6
Cash and Cash Equivalents at End of Period $ 121.8 $ 139.0