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Derivative Financial Instruments (Tables)
 12 Months Ended
Apr. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Outstanding derivative contracts
The following table presents the gross notional value of outstanding derivative contracts.
  Year Ended April 30,
  20242023
Commodity contracts$787.7 $448.1 
Foreign currency exchange contracts98.6 98.1 
Fair value of derivative instruments
The following tables set forth the gross fair value amounts of derivative instruments recognized in the Consolidated Balance     Sheets.
  April 30, 2024
  Other
Current
Assets		Other
Current
Liabilities		Other
Noncurrent
Assets		Other
Noncurrent
Liabilities
Derivatives not designated as hedging instruments:
Commodity contracts$35.8 $9.3 $— $0.1 
Foreign currency exchange contracts1.9 0.1 — — 
Total derivative instruments$37.7 $9.4 $— $0.1 
  April 30, 2023
  Other
Current
Assets		Other
Current
Liabilities		Other
Noncurrent
Assets		Other
Noncurrent
Liabilities
Derivatives not designated as hedging instruments:
Commodity contracts$18.1 $14.7 $— $— 
Foreign currency exchange contracts1.4 0.1 — — 
Total derivative instruments$19.5 $14.8 $— $— 
Net gains and losses recognized in cost of products sold on derivatives not designated as qualified hedging instruments
The following table presents the net gains and losses recognized in cost of products sold on derivatives not designated as hedging instruments.
  Year Ended April 30,
  202420232022
Derivative gains (losses) on commodity contracts$26.1 $(6.1)$74.1 
Derivative gains (losses) on foreign currency exchange contracts1.5 4.4 4.2 
Total derivative gains (losses) recognized in cost of products sold$27.6 $(1.7)$78.3 
Schedule of unallocated derivative (losses) gains The following table presents the net change in cumulative unallocated derivative gains and losses.
  Year Ended April 30,
  202420232022
Net derivative gains (losses) recognized and classified as unallocated$27.6 $(1.7)$78.3 
Less: Net derivative gains (losses) reclassified to segment operating profit20.9 19.7 101.7 
Change in net cumulative unallocated derivative gains and losses$6.7 $(21.4)$(23.4)
Pre-tax gains and losses recognized on interest rate contracts designated as cash flow hedges
The following table presents information on the pre-tax gains and losses recognized on all contracts previously designated as cash flow hedges.
Year Ended April 30,
202420232022
Gains (losses) recognized in other comprehensive income (loss)$— $— $— 
Less: Gains (losses) reclassified from accumulated other comprehensive income (loss) to interest expense – net (A)
(13.6)(13.5)(13.7)
Less: Gains (losses) reclassified from accumulated other comprehensive income to other (expense) – net (B)
— — 0.6 
Change in accumulated other comprehensive income (loss)$13.6 $13.5 $13.1 
(A)Interest expense – net, as presented in the Statements of Consolidated Income, was $264.3, $152.0, and $160.9 in 2024, 2023, and 2022, respectively. The reclassification includes terminated contracts which were designated as cash flow hedges.
(B)Other income (expense) – net, as presented in the Statements of Consolidated Income, was $25.6, $14.7, and $19.1 in 2024, 2023, and 2022, respectively. The reclassification is related to the debt extinguishment during 2022, as discussed in Note 8: Debt and Financing Arrangements.