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Derivative Financial Instruments (Tables)
 3 Months Ended
Jul. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments, Gain (Loss) [Table Text Block]
The following table presents the amounts affecting our consolidated statements of operations for the periods covered by this report:
 
 
Three Months Ended
 
 
July 31,
(Dollars in millions)
Classification
2012
 
2013
Currency derivatives designated as cash flow hedge:
 
 

 
 

Net gain (loss) recognized in AOCI
n/a
$
13

 
$
10

Net gain (loss) reclassified from AOCI into income
Net sales
1

 
1

Derivatives not designated as hedging instruments:
 
 

 
 

Currency derivatives – net gain (loss) recognized in income
Net sales
2

 
4

Currency derivatives – net gain (loss) recognized in income
Other income
(4
)
 
3

Commodity derivatives – net gain (loss) recognized in income
Cost of sales
4

 
—
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following table presents the fair values of our derivative instruments as of April 30, 2013 and July 31, 2013.

(Dollars in millions)


Classification
 
Fair value of derivatives in a gain position
 
Fair value of derivatives in a
loss position
April 30, 2013:
 
 
 
 
 
Designated as cash flow hedges:

 
 
 
 
Currency derivatives
Other current assets
 
$
6

 
$
(3
)
Currency derivatives
Other assets
 
2

 
—

Currency derivatives
Accrued expenses
 
2

 
(4
)
Currency derivatives
Other liabilities
 
—

 
(1
)
Not designated as hedges:
 
 
 
 
 
Currency derivatives
Accrued expenses
 
—

 
(1
)
July 31, 2013:
 
 
 
 
 
Designated as cash flow hedges:

 
 
 
 
Currency derivatives
Other current assets
 
15

 
(5
)
Currency derivatives
Other assets
 
5

 
(1
)
Not designated as hedges:
 
 
 
 
 
Currency derivatives
Other current assets
 
3

 
—
Offsetting Derivative Assets and Liabilities [Table Text Block]
The following table summarizes the gross and net amounts of our derivative contracts.
(Dollars in millions)
Gross Amounts of Recognized Assets (Liabilities)
 
Gross Amounts Offset in Balance Sheet
 
Net Amounts Presented in Balance Sheet
 
Gross Amounts Not Offset in Balance Sheet
 
Net Amounts
April 30, 2013:
 
 
 
 
 
 
 
 
 
Derivative assets
$
10

 
$
(5
)
 
$
5

 
$
(2
)
 
$
3

Derivative liabilities
(9
)
 
5

 
(4
)
 
2

 
(2
)
July 31, 2013:
 
 
 
 
 
 
 
 
 
Derivative assets
23

 
(6
)
 
17

 
—

 
17

Derivative liabilities
(6
)
 
6

 
—

 
—

 
—