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Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Jul. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income (loss), including the reclassification adjustments for items that are reclassified from accumulated other comprehensive income (loss) to net income, are shown below.
Foreign
Currency
Translation
Adjustment
Net Gains (Losses)
on Cash Flow
Hedging
Derivatives (A)
Pension and
Other
Postretirement
Liabilities (B)
Unrealized 
Gain (Loss)
on Available-
for-Sale
Securities
Accumulated
Other
Comprehensive
Income (Loss)
Balance at May 1, 2022$(21.1)$(163.9)$(54.2)$1.8 $(237.4)
Reclassification adjustments— 3.3 0.7 — 4.0 
Current period credit (charge)1.4 — — (0.4)1.0 
Income tax benefit (expense)— (0.8)(0.3)0.1 (1.0)
Balance at July 31, 2022$(19.7)$(161.4)$(53.8)$1.5 $(233.4)
 Foreign
Currency
Translation
Adjustment
Net Gains (Losses)
on Cash Flow
Hedging
Derivatives (A)
Pension and
Other
Postretirement
Liabilities (B)
Unrealized
Gain (Loss)
on Available-
for-Sale
Securities
Accumulated
Other
Comprehensive
Income (Loss)
Balance at May 1, 2021$(9.0)$(174.8)$(97.3)$3.7 $(277.4)
Reclassification adjustments— 2.9 (5.3)— (2.4)
Current period credit (charge)(4.0)— 1.8 0.2 (2.0)
Income tax benefit (expense)— (0.6)0.9 (0.1)0.2 
Balance at July 31, 2021$(13.0)$(172.5)$(99.9)$3.8 $(281.6)
 
(A)The reclassification is composed of deferred gains (losses) related to terminated interest rate contracts. During both 2023 and 2022, the reclassification was primarily from accumulated other comprehensive income (loss) to interest expense. In addition, during the first quarter of 2022, a portion of the reclassification was to other income (expense) – net, which was driven by the prepayment of the Senior Notes due March 15, 2022. For additional information, see Note 9: Derivative Financial Instruments.
(B)The reclassification from accumulated other comprehensive income (loss) to other income (expense) – net is composed of settlement charges and amortization of net losses and prior service costs. For additional information, see Note 8: Pensions and Other Postretirement Benefits.