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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Oct. 31, 2018
Apr. 30, 2018
Current Assets    
Cash and cash equivalents $ 171.2 $ 192.6
Trade receivables, less allowance for doubtful accounts 561.9 385.6
Inventories:    
Finished products 635.4 542.1
Raw materials 330.8 312.3
Total Inventory 966.2 854.4
Other current assets 87.9 122.4
Total Current Assets 1,787.2 1,555.0
Property, Plant, and Equipment    
Land and land improvements 117.2 120.1
Buildings and fixtures 818.9 812.6
Machinery and equipment 2,122.0 2,111.5
Construction in progress 284.9 212.1
Gross Property, Plant, and Equipment 3,343.0 3,256.3
Accumulated depreciation (1,524.3) (1,527.2)
Total Property, Plant, and Equipment 1,818.7 1,729.1
Other Noncurrent Assets    
Goodwill 6,474.7 5,942.2
Other intangible assets – net 6,925.5 5,916.5
Other noncurrent assets 168.1 158.4
Total Other Noncurrent Assets 13,568.3 12,017.1
Total Assets 17,174.2 15,301.2
Current Liabilities    
Accounts payable 552.4 512.1
Accrued trade marketing and merchandising 119.2 101.6
Short-term borrowings 390.0 144.0
Other current liabilities 372.9 276.1
Total Current Liabilities 1,434.5 1,033.8
Noncurrent Liabilities    
Long-term debt [1] 5,885.1 4,688.0
Deferred income taxes 1,525.3 1,377.2
Other noncurrent liabilities 299.3 311.1
Total Noncurrent Liabilities 7,709.7 6,376.3
Total Liabilities 9,144.2 7,410.1
Shareholders’ Equity    
Common shares 28.9 28.9
Additional capital 5,749.9 5,739.7
Retained income 2,367.6 2,239.2
Accumulated other comprehensive income (loss) (116.4) (116.7)
Total Shareholders’ Equity 8,030.0 7,891.1
Total Liabilities and Shareholders’ Equity $ 17,174.2 $ 15,301.2
[1] Represents the carrying amount included in the Condensed Consolidated Balance Sheets, which includes the impact of terminated interest rate contracts, offering discounts, and capitalized debt issuance costs.