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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.