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Statements of Consolidated Cash Flows - USD ($)
$ in Millions
12 Months Ended
Apr. 30, 2015
Apr. 30, 2014
Apr. 30, 2013
Operating Activities      
Net income $ 344.9 $ 565.2 $ 544.2
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation 157.5 157.5 154.1
Amortization 110.9 98.9 96.8
Share-based compensation expense 23.5 22.9 21.3
Other restructuring activities 0.0 0.0 (0.7)
Loss on sale of assets - net 6.0 3.0 4.8
Gain on sale of marketable securities 0.0 (3.7) 0.0
Other noncash adjustments (12.0) (0.2) 0.1
Make-whole payments included in financing activities 163.3 0.0 0.0
Defined benefit pension contributions (15.7) (9.4) (40.0)
Deferred income tax expense (benefit) 7.7 (8.0) (15.6)
Changes in assets and liabilities, net of effect from businesses acquired:      
Trade receivables 21.8 6.1 33.2
Inventories 25.3 15.4 15.2
Other current assets 74.1 (26.9) 4.6
Accounts payable (25.4) 3.3 11.2
Accrued liabilities (140.3) 9.1 (6.7)
Proceeds from settlement of interest rate swaps - net 53.5 0.0 0.0
Income and other taxes (41.6) (9.5) 3.5
Other - net (20.3) 32.3 29.8
Net Cash Provided by Operating Activities 733.2 856.0 855.8
Investing Activities      
Businesses acquired, net of cash acquired (1,320.5) (101.8) 0.0
Additions to property, plant, and equipment (247.7) (279.5) (206.5)
Sales and maturities of marketable securities 0.0 10.0 0.0
Proceeds from disposal of property, plant, and equipment 2.6 10.7 3.3
Other - net (30.1) (9.7) 17.6
Net Cash Used for Investing Activities (1,595.7) (370.3) (185.6)
Financing Activities      
Short-term (repayments) borrowings - net (22.4) 248.4 0.0
Proceeds from long-term debt 5,382.5 0.0 0.0
Repayments of long-term debt, including make-whole payments (4,193.9) (50.0) (50.0)
Quarterly dividends paid (254.0) (238.0) (222.8)
Purchase of treasury shares (24.3) (508.5) (364.2)
Proceeds from stock option exercises 0.8 0.5 2.2
Other - net (25.5) (27.9) (6.2)
Net Cash Provided by (Used for) Financing Activities 863.2 (575.5) (641.0)
Effect of exchange rate changes on cash (28.6) (13.1) (2.5)
Net (decrease) increase in cash and cash equivalents (27.9) (102.9) 26.7
Cash and cash equivalents at beginning of year 153.5 256.4 229.7
Cash and Cash Equivalents at End of Year $ 125.6 $ 153.5 $ 256.4