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v3.19.3.a.u2

Reportable Segments (Tables) | 9 Months Ended
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Jan. 31, 2020
Segment Reporting [Abstract] |
Income by segment |
| Three Months Ended January 31, |  |  |  | Nine Months Ended January 31, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Net sales: |  |  |  |  |  |  |
U.S. Retail Pet Foods | $ | 721.9 |  |  | $ | 759.0 |  |  | $ | 2,101.7 |  |  | $ | 2,158.3 |
U.S. Retail Coffee | 558.8 |  |  | 561.6 |  |  | 1,567.9 |  |  | 1,596.0 |
U.S. Retail Consumer Foods | 422.9 |  |  | 422.7 |  |  | 1,251.2 |  |  | 1,367.9 |
International and Away From Home | 268.7 |  |  | 268.6 |  |  | 788.2 |  |  | 813.7 |
Total net sales | $ | 1,972.3 |  |  | $ | 2,011.9 |  |  | $ | 5,709.0 |  |  | $ | 5,935.9 |
Segment profit: |  |  |  |  |  |  |
U.S. Retail Pet Foods | $ | 146.0 |  |  | $ | 147.9 |  |  | $ | 403.1 |  |  | $ | 372.2 |
U.S. Retail Coffee | 189.5 |  |  | 183.7 |  |  | 500.9 |  |  | 505.8 |
U.S. Retail Consumer Foods | 84.2 |  |  | 95.9 |  |  | 256.6 |  |  | 327.5 |
International and Away From Home | 49.0 |  |  | 52.5 |  |  | 131.7 |  |  | 152.6 |
Total segment profit | $ | 468.7 |  |  | $ | 480.0 |  |  | $ | 1,292.3 |  |  | $ | 1,358.1 |
Amortization | (58.8) |  |  | (59.7) |  |  | (176.4) |  |  | (179.9) |
Other intangible assets impairment charges | (52.4) |  |  | (107.2) |  |  | (52.4) |  |  | (107.2) |
Interest expense – net | (45.1) |  |  | (51.6) |  |  | (143.6) |  |  | (158.8) |
Unallocated derivative gains (losses) | 7.7 |  |  | (2.9) |  |  | 37.6 |  |  | (25.0) |
Other special project costs (A) | (3.3) |  |  | (18.8) |  |  | (9.9) |  |  | (51.9) |
Corporate administrative expenses | (72.9) |  |  | (73.8) |  |  | (214.8) |  |  | (219.1) |
Other income (expense) – net | (1.4) |  |  | (8.8) |  |  | (4.5) |  |  | (16.5) |
Income before income taxes | $ | 242.5 |  |  | $ | 157.2 |  |  | $ | 728.3 |  |  | $ | 599.7 |
(A)Other special project costs includes integration and restructuring costs. For more information, see Note 4: Integration and Restructuring Costs.
Geographical information | The following table presents certain geographical information.
| Three Months Ended January 31, |  |  |  | Nine Months Ended January 31, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Net sales: |  |  |  |  |  |  |
United States | $ | 1,837.6 |  |  | $ | 1,880.6 |  |  | $ | 5,311.1 |  |  | $ | 5,526.1 |
International: |  |  |  |  |  |  |
Canada | $ | 108.7 |  |  | $ | 106.7 |  |  | $ | 318.9 |  |  | $ | 319.2 |
All other international | 26.0 |  |  | 24.6 |  |  | 79.0 |  |  | 90.6 |
Total international | $ | 134.7 |  |  | $ | 131.3 |  |  | $ | 397.9 |  |  | $ | 409.8 |
Total net sales | $ | 1,972.3 |  |  | $ | 2,011.9 |  |  | $ | 5,709.0 |  |  | $ | 5,935.9 |
Product category information | The following table presents product category information.
| Three Months Ended January 31, |  |  |  | Nine Months Ended January 31, |  |  |  |
| 2020 |  | 2019 |  | 2020 |  | 2019 |  | Primary Reportable Segment (A)
Coffee | $ | 650.7 |  |  | $ | 653.5 |  |  | $ | 1,824.5 |  |  | $ | 1,867.3 |  |  | U.S. Retail Coffee
Dog food | 300.8 |  |  | 337.5 |  |  | 899.0 |  |  | 980.9 |  |  | U.S. Retail Pet Foods
Cat food | 223.9 |  |  | 218.9 |  |  | 633.6 |  |  | 615.2 |  |  | U.S. Retail Pet Foods
Pet snacks | 214.6 |  |  | 217.9 |  |  | 617.8 |  |  | 607.6 |  |  | U.S. Retail Pet Foods
Peanut butter | 180.0 |  |  | 188.5 |  |  | 533.3 |  |  | 574.6 |  |  | U.S. Retail Consumer Foods
Fruit spreads | 88.3 |  |  | 86.0 |  |  | 264.0 |  |  | 254.6 |  |  | U.S. Retail Consumer Foods
Frozen handheld | 82.6 |  |  | 67.3 |  |  | 247.5 |  |  | 210.5 |  |  | U.S. Retail Consumer Foods
Shortening and oils | 68.9 |  |  | 74.8 |  |  | 192.2 |  |  | 207.0 |  |  | U.S. Retail Consumer Foods
Portion control | 42.0 |  |  | 40.1 |  |  | 123.9 |  |  | 122.6 |  |  | International and Away From Home
Juices and beverages | 30.4 |  |  | 30.6 |  |  | 94.0 |  |  | 96.7 |  |  | U.S. Retail Consumer Foods
Baking mixes and ingredients | 19.6 |  |  | 21.9 |  |  | 59.3 |  |  | 164.6 |  |  | International and Away From Home (B)
Other | 70.5 |  |  | 74.9 |  |  | 219.9 |  |  | 234.3 |  |  | International and Away From Home
Total net sales | $ | 1,972.3 |  |  | $ | 2,011.9 |  |  | $ | 5,709.0 |  |  | $ | 5,935.9 |  |  |
(A)The primary reportable segment generally represents at least 75 percent of total net sales for each respective product category. (B)During the three and nine months ended January 31, 2019, the primary reportable segment was U.S. Retail Consumer Foods, as the majority of the net sales within this category were related to the divested U.S. baking business. For more information, see Note 5: Divestiture.

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