XML 21 R3.htm IDEA: XBRL DOCUMENT v3.23.2
Statements of Consolidated Income - USD ($)
$ in Millions
12 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2021
Income Statement [Abstract]      
Net sales $ 8,529.2 $ 7,998.9 $ 8,002.7
Cost of products sold [1] 5,727.4 5,298.2 4,864.0
Gross Profit 2,801.8 2,700.7 3,138.7
Selling, distribution, and administrative expenses 1,455.0 1,360.3 1,523.1
Amortization 206.9 223.6 233.0
Other intangible assets impairment charges 0.0 150.4 3.8
Other special project costs [1],[2] 4.7 8.0 20.7
Loss (gain) on divestitures - net 1,018.5 (9.6) (25.3)
Other operating expense (income) – net (40.8) (55.8) (3.4)
Operating Income 157.5 1,023.8 1,386.8
Interest expense – net (152.0) (160.9) (177.1)
Other income (expense) – net (14.7) (19.1) (37.8)
Income (Loss) Before Income Taxes (9.2) 843.8 1,171.9
Income tax expense 82.1 212.1 295.6
Net Income (Loss) $ (91.3) $ 631.7 $ 876.3
Earnings per common share:      
Net Income (Loss) (in dollars per share) $ (0.86) $ 5.84 $ 7.79
Net Income (Loss) - Assuming Dilution (in dollars per share) $ (0.86) $ 5.83 $ 7.79
[1] Special project costs include certain restructuring costs, which are recognized in cost of products sold and other special project costs. For more information, see Note 2: Special Project Costs and Note 4: Reportable Segments.
[2] Special project costs include certain restructuring costs, which are recognized in cost of products sold and other special project costs in the Statements of Consolidated Income. For more information, see Note 2: Special Project Costs.