Consolidated Balance Sheets - USD ($) $ in Millions |
Apr. 30, 2021 |
Apr. 30, 2020 |
| ASSETS |
|
|
| Cash and cash equivalents |
$ 1,150
|
$ 675
|
| Accounts receivable, net |
753
|
570
|
| Inventories: |
|
|
| Barreled whiskey |
1,101
|
1,092
|
| Finished goods |
323
|
320
|
| Work in process |
199
|
172
|
| Raw materials and supplies |
128
|
101
|
| Total inventories |
1,751
|
1,685
|
| Other current assets |
263
|
335
|
| Total current assets |
3,917
|
3,265
|
| Property, plant, and equipment, net |
832
|
848
|
| Goodwill |
779
|
756
|
| Other intangible assets |
676
|
635
|
| Deferred tax assets |
70
|
15
|
| Other assets |
248
|
247
|
| Total assets |
6,522
|
5,766
|
| Liabilities |
|
|
| Accounts payable and accrued expenses |
679
|
517
|
| Accrued income taxes |
34
|
30
|
| Short-term borrowings |
205
|
333
|
| Total current liabilities |
918
|
880
|
| Long-term debt |
2,354
|
2,269
|
| Deferred tax liabilities |
169
|
177
|
| Accrued pension and other postretirement benefits |
219
|
297
|
| Other liabilities |
206
|
168
|
| Total liabilities |
3,866
|
3,791
|
| Commitments and contingencies |
|
|
| Stockholders’ Equity |
|
|
| Retained earnings |
3,243
|
2,708
|
| Accumulated other comprehensive income (loss), net of tax |
(422)
|
(547)
|
| Treasury stock, at cost (6,323,000 and 5,803,000 shares in 2020 and 2021, respectively) |
(237)
|
(258)
|
| Total stockholders' equity |
2,656
|
1,975
|
| Total liabilities and stockholders' equity |
$ 6,522
|
$ 5,766
|
| Parenthetical Information [Abstract] |
|
|
| Treasury stock, shares |
5,803,000
|
6,323,000
|
| Common stock, Class A, voting [Member] |
|
|
| Stockholders’ Equity |
|
|
| Common stock |
$ 25
|
$ 25
|
| Parenthetical Information [Abstract] |
|
|
| Common stock, par value |
$ 0.15
|
$ 0.15
|
| Common stock, shares authorized |
170,000,000
|
170,000,000
|
| Common stock, shares issued |
170,000,000
|
170,000,000
|
| Common Stock, Class B, nonvoting [Member] |
|
|
| Stockholders’ Equity |
|
|
| Common stock |
$ 47
|
$ 47
|
| Parenthetical Information [Abstract] |
|
|
| Common stock, par value |
$ 0.15
|
$ 0.15
|
| Common stock, shares authorized |
400,000,000
|
400,000,000
|
| Common stock, shares issued |
314,532,000
|
314,532,000
|