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v3.19.3.a.u2

Condensed Statements of Consolidated Income (Unaudited) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Jan. 31, 2020 | Jan. 31, 2019 | Jan. 31, 2020 | Jan. 31, 2019
Income Statement [Abstract] |  |  |  |  |  |  |  |
Net sales | $ 1,972.3 |  | $ 2,011.9 |  | $ 5,709.0 |  | $ 5,935.9 |
Cost of products sold | 1,212.3 |  | 1,238.1 |  | 3,495.4 |  | 3,712.6 |
Gross Profit | 760.0 |  | 773.8 |  | 2,213.6 |  | 2,223.3 |
Selling, distribution, and administrative expenses | 358.9 |  | 373.1 |  | 1,100.9 |  | 1,138.8 |
Amortization | 58.8 |  | 59.7 |  | 176.4 |  | 179.9 |
Other intangible assets impairment charges | 52.4 |  | 107.2 |  | 52.4 |  | 107.2 |
Other special project costs | 3.3 | [1] | 18.8 | [1] | 9.9 | [1] | 51.9 | [2]
Other operating expense (income) – net | (2.4) |  | (2.6) |  | (2.4) |  | (29.5) |
Operating Income | 289.0 |  | 217.6 |  | 876.4 |  | 775.0 |
Interest expense – net | (45.1) |  | (51.6) |  | (143.6) |  | (158.8) |
Other income (expense) – net | (1.4) |  | (8.8) |  | (4.5) |  | (16.5) |
Income Before Income Taxes | 242.5 |  | 157.2 |  | 728.3 |  | 599.7 |
Income tax expense | 55.1 |  | 35.8 |  | 175.1 |  | 156.8 |
Net Income | $ 187.4 |  | $ 121.4 |  | $ 553.2 |  | $ 442.9 |
Earnings per common share: |  |  |  |  |  |  |  |
Net Income (in dollars per share) | $ 1.64 |  | $ 1.07 |  | $ 4.85 |  | $ 3.89 |
Net Income - Assuming Dilution (in dollars per share) | $ 1.64 |  | $ 1.07 |  | $ 4.85 |  | $ 3.89 |
[1] | Other special project costs includes integration and restructuring costs. For more information, see Note 4: Integration and Restructuring Costs.
[2] | Other special project costs includes integration and restructuring costs. For more information, see Note 4: Integration and Restructuring Costs.

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