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Reportable Segments (Tables)
12 Months Ended
Apr. 30, 2024
Segment Reporting [Abstract]  
Income, total assets, depreciation, amortization, impairment, and total additions to property plant and equipment by segment
The following table reconciles segment profit to income before income taxes and presents total assets; total depreciation, amortization, and impairment charges; and total additions to property, plant, and equipment by segment.
  Year Ended April 30,
  202420232022
Net sales:
U.S. Retail Coffee$2,704.4 $2,735.3 $2,497.3 
U.S. Retail Frozen Handheld and Spreads1,815.6 1,630.9 1,707.2 
U.S. Retail Pet Foods (A)
1,822.8 3,038.1 2,764.3 
Sweet Baked Snacks637.3 — — 
International and Away From Home1,198.6 1,124.9 1,030.1 
Total net sales$8,178.7 $8,529.2 $7,998.9 
Segment profit:
U.S. Retail Coffee$759.2 $737.7 $736.7 
U.S. Retail Frozen Handheld and Spreads434.1 352.6 424.2 
U.S. Retail Pet Foods (A)
402.1 494.9 395.9 
Sweet Baked Snacks138.2 — — 
International and Away From Home208.1 143.3 142.0 
Total segment profit$1,941.7 $1,728.5 $1,698.8 
Amortization(191.1)(206.9)(223.6)
Other intangible assets impairment charges— — (150.4)
Gain (loss) on divestitures – net(12.9)(1,018.5)9.6 
Interest expense – net(264.3)(152.0)(160.9)
Change in net cumulative unallocated derivative gains and losses6.7 (21.4)(23.4)
Cost of products sold – special project costs (B)
(2.9)(6.4)(20.5)
Other special project costs (B)
(130.2)(4.7)(8.0)
Other debt costs (B)
(19.5)— — 
Corporate administrative expenses(305.5)(313.1)(258.7)
Other income (expense) – net (B)
(25.6)(14.7)(19.1)
Income (loss) before income taxes$996.4 $(9.2)$843.8 
Assets:
U.S. Retail Coffee$4,826.3 $4,808.9 $4,891.8 
U.S. Retail Frozen Handheld and Spreads3,257.1 2,972.7 2,692.1 
U.S. Retail Pet Foods (A)
4,784.1 4,994.3 7,167.4 
Sweet Baked Snacks6,267.1 — — 
International and Away From Home989.6 978.3 973.9 
Unallocated (C)
149.5 1,237.2 329.8 
Total assets$20,273.7 $14,991.4 $16,055.0 
Depreciation, amortization, and impairment charges:
U.S. Retail Coffee$101.1 $101.6 $100.2 
U.S. Retail Frozen Handheld and Spreads81.6 76.3 64.6 
U.S. Retail Pet Foods (A)
118.1 178.7 342.8 
Sweet Baked Snacks59.6 — — 
International and Away From Home32.4 31.7 46.2 
Unallocated (D)
38.0 42.7 55.7 
Total depreciation, amortization, and impairment charges$430.8 $431.0 $609.5 
Additions to property, plant, and equipment:
U.S. Retail Coffee$79.7 $49.0 $49.8 
U.S. Retail Frozen Handheld and Spreads334.5 341.6 274.8 
U.S. Retail Pet Foods (A)
83.4 64.3 74.0 
Sweet Baked Snacks41.2 — — 
International and Away From Home47.7 22.5 18.9 
Total additions to property, plant, and equipment$586.5 $477.4 $417.5 
(A)On April 28, 2023, we sold certain pet food brands to Post, and the divested net sales were primarily included in the U.S. Retail Pet Foods segment. For more information, see Note 3: Divestitures.
(B)Includes special project costs related to certain divestiture, acquisition, integration, and restructuring activities. For more information, see Note 4: Special Project Costs and Note 8: Debt and Financing Arrangements.
(C)Primarily represents unallocated cash and cash equivalents and corporate-held investments.
(D)Primarily represents unallocated corporate administrative expenses, mainly consisting of depreciation and software amortization.
[1]
Geographical information
The following table presents certain geographical information.
Year Ended April 30,
  202420232022
Net sales:
United States$7,653.0 $8,001.4 $7,469.6 
International:
Canada$429.4 $433.2 $439.6 
All other international96.3 94.6 89.7 
Total international$525.7 $527.8 $529.3 
Total net sales$8,178.7 $8,529.2 $7,998.9 
Assets:
United States$19,483.1 $14,577.5 $15,653.5 
International:
Canada$790.2 $412.5 $399.8 
All other international0.4 1.4 1.7 
Total international$790.6 $413.9 $401.5 
Total assets$20,273.7 $14,991.4 $16,055.0 
Long-lived assets (excluding goodwill and other intangible assets):
United States$3,294.5 $2,421.9 $2,331.2 
International:
Canada$106.9 $64.6 $45.7 
All other international0.1 — — 
Total international$107.0 $64.6 $45.7 
Total long-lived assets (excluding goodwill and other intangible assets)$3,401.5 $2,486.5 $2,376.9 
Product category information
The following table presents product category information.
Year Ended April 30,
  202420232022
Primary Reportable Segment (A)
Coffee$3,063.0 $3,088.8 $2,804.7 U.S. Retail Coffee
Pet snacks1,024.8 1,052.4 944.9 U.S. Retail Pet Foods
Peanut butter814.1 635.6 801.1 U.S. Retail Frozen Handheld and Spreads
Cat food792.4 1,101.1 969.9 U.S. Retail Pet Foods
Frozen handheld791.1 686.4 510.7 U.S. Retail Frozen Handheld and Spreads
Sweet baked goods572.5 — — Sweet Baked Snacks
Fruit spreads427.2 426.2 386.5 U.S. Retail Frozen Handheld and Spreads
Portion control207.9 163.7 158.2 
Other (B)
Baking mixes and ingredients90.3 94.3 85.5 
Other (B)
Toppings and syrups88.4 88.9 82.5 U.S. Retail Frozen Handheld and Spreads
Dog food76.4 980.0 926.5 U.S. Retail Pet Foods
Cookies64.8 — — Sweet Baked Snacks
Other165.8 211.8 328.4 
Other (B)
Total net sales$8,178.7 $8,529.2 $7,998.9 
(A)The primary reportable segment generally represents at least 75 percent of total net sales for each respective product category.
(B)Represents the combined International and Away From Home operating segments.
[1] Primarily represents unallocated cash and cash equivalents and corporate-held investments.