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Comprehensive Income
3 Months Ended
Jul. 31, 2011
Comprehensive Income [Abstract]  
Comprehensive Income
9. Comprehensive Income
Comprehensive income is a broad measure of the effects of all transactions and events (other than investments by or distributions to stockholders) that are recognized in stockholders’ equity, regardless of whether those transactions and events are included in net income. The following table adjusts net income for the other items included in the determination of comprehensive income:
                 
    Three Months Ended  
    July 31,  
(Dollars in millions)   2010     2011  
Net income
  $ 111.4     $ 118.1  
Other comprehensive income (loss), net of tax:
               
Postretirement benefits adjustment
    2.6       3.3  
Foreign currency translation adjustment
    (8.8 )     (9.3 )
Net (loss) gain on cash flow hedges
    (2.4 )     4.0  
 
           
 
    (8.6 )     (2.0 )
 
           
Comprehensive income
  $ 102.8     $ 116.1  
 
           
Accumulated other comprehensive income (loss), net of tax, consisted of the following:
                 
    April 30,     July 31,  
(Dollars in millions)   2011     2011  
Postretirement benefits adjustment
  $ (164.5 )   $ (161.2 )
Cumulative translation adjustment
    48.1       38.8  
Unrealized loss on cash flow hedge contracts
    (13.6 )     (9.6 )
 
           
 
  $ (130.0 )   $ (132.0 )