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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jan. 31, 2020
Apr. 30, 2019
Current Assets    
Cash and cash equivalents $ 74.4 $ 101.3
Trade receivables, less allowance for doubtful accounts 477.3 503.8
Inventories:    
Finished products 615.1 590.8
Raw materials 343.7 319.5
Total Inventory 958.8 910.3
Other current assets 92.2 109.8
Total Current Assets 1,602.7 1,625.2
Property, Plant, and Equipment    
Land and land improvements 123.7 122.1
Buildings and fixtures 958.2 903.2
Machinery and equipment 2,369.0 2,185.0
Construction in progress 194.9 321.8
Gross Property, Plant, and Equipment 3,645.8 3,532.1
Accumulated depreciation (1,734.1) (1,619.7)
Total Property, Plant, and Equipment 1,911.7 1,912.4
Other Noncurrent Assets    
Operating lease right-of-use assets 168.0 0.0
Goodwill 6,312.8 6,310.9
Other intangible assets – net 6,491.4 6,718.8
Other noncurrent assets 149.6 144.0
Total Other Noncurrent Assets 13,121.8 13,173.7
Total Assets 16,636.2 16,711.3
Current Liabilities    
Accounts payable 575.0 591.0
Accrued trade marketing and merchandising 198.7 142.7
Current portion of long-term debt [1] 499.8 798.5
Short-term borrowings 310.0 426.0
Current operating lease liabilities 41.7 0.0
Other current liabilities 452.2 383.3
Total Current Liabilities 2,077.4 2,341.5
Noncurrent Liabilities    
Long-term debt, less current portion [1] 4,583.3 4,686.3
Deferred income taxes 1,364.2 1,398.6
Noncurrent operating lease liabilities 133.5 0.0
Other noncurrent liabilities 307.4 314.4
Total Noncurrent Liabilities 6,388.4 6,399.3
Total Liabilities 8,465.8 8,740.8
Shareholders’ Equity    
Common shares 29.0 28.9
Additional capital 5,787.2 5,755.8
Retained income 2,620.5 2,367.6
Accumulated other comprehensive income (loss) (266.3) (181.8)
Total Shareholders’ Equity 8,170.4 7,970.5
Total Liabilities and Shareholders’ Equity $ 16,636.2 $ 16,711.3
[1] Represents the carrying amount included in the Condensed Consolidated Balance Sheets, which includes the impact of capitalized debt issuance costs, terminated interest rate contracts, and offering discounts.