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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jan. 31, 2022
Apr. 30, 2021
Current Assets    
Cash and cash equivalents $ 284.3 $ 334.3
Trade receivables – net 563.2 533.7
Inventories:    
Finished products 635.3 607.6
Raw materials 406.8 352.3
Total Inventory 1,042.1 959.9
Other current assets 98.6 113.8
Total Current Assets 1,988.2 1,941.7
Property, Plant, and Equipment    
Land and land improvements 118.4 124.3
Buildings and fixtures 944.4 967.0
Machinery and equipment 2,466.3 2,469.7
Construction in progress 406.3 282.3
Gross Property, Plant, and Equipment 3,935.4 3,843.3
Accumulated depreciation (1,939.9) (1,841.8)
Total Property, Plant, and Equipment 1,995.5 2,001.5
Other Noncurrent Assets    
Operating lease right-of-use assets 113.4 142.0
Goodwill 6,017.8 6,023.6
Other intangible assets – net 5,710.0 6,041.2
Other noncurrent assets 141.5 134.2
Total Other Noncurrent Assets 11,982.7 12,341.0
Total Assets 15,966.4 16,284.2
Current Liabilities    
Accounts payable 1,006.8 1,034.1
Accrued trade marketing and merchandising 208.3 200.6
Current portion of long-term debt [1] 0.0 1,152.9
Short-term borrowings 94.0 82.0
Current operating lease liabilities 39.7 41.1
Other current liabilities 315.8 356.8
Total Current Liabilities 1,664.6 2,867.5
Noncurrent Liabilities    
Long-term debt, less current portion [1] 4,309.7 3,516.8
Deferred income taxes 1,334.5 1,349.3
Noncurrent operating lease liabilities 84.0 112.8
Other noncurrent liabilities 306.7 313.0
Total Noncurrent Liabilities 6,034.9 5,291.9
Total Liabilities 7,699.5 8,159.4
Shareholders’ Equity    
Common shares 27.1 27.1
Additional capital 5,553.6 5,527.6
Retained income 2,955.5 2,847.5
Accumulated other comprehensive income (loss) (269.3) (277.4)
Total Shareholders’ Equity 8,266.9 8,124.8
Total Liabilities and Shareholders’ Equity $ 15,966.4 $ 16,284.2
[1] Represents the carrying amount included in the Condensed Consolidated Balance Sheets, which includes the impact of capitalized debt issuance costs, offering discounts, and terminated interest rate contracts.