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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Oct. 31, 2024
Apr. 30, 2024
Current Assets    
Cash and cash equivalents $ 49.2 $ 62.0
Trade receivables – net 804.6 736.5
Inventories:    
Finished products 622.5 639.4
Raw materials 461.9 399.5
Total Inventory 1,084.4 1,038.9
Other current assets 117.3 129.5
Total Current Assets 2,055.5 1,966.9
Property, Plant, and Equipment    
Land and land improvements 152.5 152.4
Buildings and fixtures 1,300.6 1,174.9
Machinery and equipment 3,121.6 2,933.7
Construction in progress 739.8 911.7
Gross Property, Plant, and Equipment 5,314.5 5,172.7
Accumulated depreciation (2,227.9) (2,100.0)
Total Property, Plant, and Equipment 3,086.6 3,072.7
Other Noncurrent Assets    
Operating lease right-of-use assets 148.7 174.6
Goodwill 7,396.1 7,649.9
Other intangible assets – net 6,779.6 7,255.4
Assets held for sale – net 394.3 0.0
Other noncurrent assets 159.3 154.2
Total Other Noncurrent Assets 14,878.0 15,234.1
Total Assets 20,020.1 20,273.7
Current Liabilities    
Accounts payable 1,233.8 1,336.2
Accrued trade marketing and merchandising 238.0 214.3
Current portion of long-term debt [1] 999.7 999.3
Short-term borrowings 488.0 591.0
Other current liabilities 603.7 620.3
Total Current Liabilities 3,563.2 3,761.1
Noncurrent Liabilities    
Long-term debt, less current portion [1] 6,776.8 6,773.7
Deferred income taxes 1,664.6 1,737.4
Noncurrent operating lease liabilities 117.8 143.5
Liabilities held for sale 105.5 0.0
Other noncurrent liabilities 159.1 164.1
Total Noncurrent Liabilities 8,823.8 8,818.7
Total Liabilities 12,387.0 12,579.8
Shareholders’ Equity    
Common shares 26.6 26.5
Additional capital 5,723.7 5,713.9
Retained income 2,121.8 2,188.1
Accumulated other comprehensive income (loss) (239.0) (234.6)
Total Shareholders’ Equity 7,633.1 7,693.9
Total Liabilities and Shareholders’ Equity $ 20,020.1 $ 20,273.7
[1] Represents the carrying amount included in the Condensed Consolidated Balance Sheets, which includes the impact of capitalized debt issuance costs, offering discounts, and terminated interest rate contracts.