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Income Taxes
9 Months Ended
Jan. 31, 2022
Income Tax Disclosure [Abstract]  
Income Taxes
The effective income tax rates for the three months ended January 31, 2022 and 2021, were 36.4 and 27.7 percent, respectively, and for the nine months ended January 31, 2022 and 2021, were 26.4 and 25.5 percent, respectively. During the three and nine months ended January 31, 2022, the effective income tax rates varied from the U.S. statutory income tax rate of 21.0 percent primarily due to state income taxes, including an unfavorable one-time deferred tax impact of an internal legal entity simplification to support multiple work locations for office-based employees and our continued strategic activities. The effective income tax rates for the three and nine months ended January 31, 2021, varied from the U.S. statutory rate due to the impact of state income taxes, and were also unfavorably impacted by additional net income tax expense related to the Crisco and Natural Balance divestitures during the third quarter of 2021.
Within the next 12 months, it is reasonably possible that we could decrease our unrecognized tax benefits by an estimated $3.2, primarily as a result of the expiration of statute of limitation periods.