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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jan. 31, 2023
Apr. 30, 2022
Current Assets    
Cash and cash equivalents $ 104.2 $ 169.9
Trade receivables – net 533.9 524.7
Inventories:    
Finished products 786.1 704.4
Raw materials 455.4 384.9
Total Inventory 1,241.5 1,089.3
Other current assets 148.2 226.2
Total Current Assets 2,027.8 2,010.1
Property, Plant, and Equipment    
Land and land improvements 131.4 120.4
Buildings and fixtures 1,026.4 959.7
Machinery and equipment 2,654.3 2,503.3
Construction in progress 489.6 527.8
Gross Property, Plant, and Equipment 4,301.7 4,111.2
Accumulated depreciation (2,027.4) (1,979.5)
Total Property, Plant, and Equipment 2,274.3 2,131.7
Other Noncurrent Assets    
Operating lease right-of-use assets 82.9 106.5
Goodwill 6,010.1 6,015.8
Other intangible assets – net 5,484.4 5,652.2
Other noncurrent assets 138.0 138.7
Total Other Noncurrent Assets 11,715.4 11,913.2
Total Assets 16,017.5 16,055.0
Current Liabilities    
Accounts payable 1,231.0 1,193.3
Accrued trade marketing and merchandising 215.1 193.8
Short-term borrowings 0.0 180.0
Current operating lease liabilities 34.4 40.1
Other current liabilities 260.2 345.6
Total Current Liabilities 1,740.7 1,952.8
Noncurrent Liabilities    
Long-term debt 4,313.3 4,310.6
Deferred income taxes 1,323.6 1,325.8
Noncurrent operating lease liabilities 56.3 76.2
Other noncurrent liabilities 248.6 249.5
Total Noncurrent Liabilities 5,941.8 5,962.1
Total Liabilities 7,682.5 7,914.9
Shareholders’ Equity    
Common shares 26.6 26.6
Additional capital 5,469.4 5,457.9
Retained income 3,076.2 2,893.0
Accumulated other comprehensive income (loss) (237.2) (237.4)
Total Shareholders’ Equity 8,335.0 8,140.1
Total Liabilities and Shareholders’ Equity $ 16,017.5 $ 16,055.0