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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Operating Activities    
Net income $ 154.6 $ 133.0
Adjustments to reconcile net income to net cash provided by (used for) operations:    
Depreciation 50.8 51.4
Amortization 58.8 60.5
Share-based compensation expense 6.2 4.6
Other noncash adjustments – net 0.2 1.1
Changes in assets and liabilities, net of effect from acquisition and divestiture:    
Trade receivables 30.4 (52.7)
Inventories (102.1) (65.7)
Other current assets 6.4 21.8
Accounts payable (61.0) 0.8
Accrued liabilities 63.6 52.6
Income and other taxes 21.8 58.9
Other – net (8.2) (23.3)
Net Cash Provided by (Used for) Operating Activities 221.5 243.0
Investing Activities    
Business acquired, net of cash acquired 0.0 (1,905.0)
Additions to property, plant, and equipment (73.0) (101.3)
Other – net 20.9 (25.2)
Net Cash Provided by (Used for) Investing Activities (52.1) (2,031.5)
Financing Activities    
Short-term borrowings (repayments) – net (130.0) 386.0
Proceeds from long-term debt 0.0 1,500.0
Quarterly dividends paid (96.5) (88.4)
Purchase of treasury shares (2.9) (4.7)
Proceeds from stock option exercises 7.0 0.0
Other – net (0.2) (2.4)
Net Cash Provided by (Used for) Financing Activities (222.6) 1,790.5
Effect of exchange rate changes on cash 0.7 (2.6)
Net increase (decrease) in cash and cash equivalents (52.5) (0.6)
Cash and cash equivalents at beginning of period 101.3 192.6
Cash and Cash Equivalents at End of Period $ 48.8 $ 192.0