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Statements of Consolidated Income - USD ($)
$ in Millions
12 Months Ended
Apr. 30, 2018
Apr. 30, 2017
Apr. 30, 2016
Income Statement [Abstract]      
Net sales $ 7,357.1 $ 7,392.3 $ 7,811.2
Cost of products sold 4,521.0 4,557.0 4,843.4
Gross Profit 2,836.1 2,835.3 2,967.8
Selling, distribution, and administrative expenses 1,370.8 1,390.7 1,510.3
Amortization 206.8 207.3 208.4
Goodwill impairment charge 145.0 [1] 0.0 0.0
Other intangible assets impairment charges 31.9 133.2 0.0
Other special project costs [2],[3] 45.4 76.9 135.9
Other operating expense (income) – net 0.1 (4.3) (32.1)
Operating Income 1,036.1 1,031.5 1,145.3
Interest expense – net (174.1) (163.1) (171.1)
Other income (expense) – net (1.0) 10.0 3.7
Income Before Income Taxes 861.0 878.4 977.9
Income tax expense (benefit) (477.6) 286.1 289.2
Net Income $ 1,338.6 $ 592.3 $ 688.7
Earnings per common share:      
Net Income (in dollars per share) $ 11.79 $ 5.11 $ 5.77
Net Income - Assuming Dilution (in dollars per share) 11.78 5.10 5.76
Dividends Declared per Common Share (in dollars per share) $ 3.12 $ 3.00 $ 2.68
[1] There have been no goodwill impairment charges recognized in prior periods.
[2] Other special project costs includes integration and restructuring costs. For more information, see Note 3: Integration and Restructuring Costs.
[3] Special project costs include integration and restructuring costs. For more information, see Note 3: Integration and Restructuring Costs.