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Derivative Financial Instruments (Tables)
12 Months Ended
Apr. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of fair values of derivative instruments affecting statements of operations
The following table presents the pre-tax impact that changes in the fair value of our derivative instruments had on AOCI and earnings in 2013 and 2014:
 
Classification in Statement of Operations
 
2013
 
2014
Currency derivatives designated as cash flow hedges:
 
 
 
 
 
Net gain (loss) recognized in AOCI
n/a
 
$
7

 
$
(7
)
Net gain (loss) reclassified from AOCI into earnings
Net sales
 
1

 

Interest rate swaps designated as fair value hedges:
 
 
 
 
 
Net gain (loss) recognized in earnings
Interest expense
 
2

 

Derivatives not designated as hedging instruments:
 
 
 
 
 
Currency derivatives – net gain (loss) recognized in earnings
Net sales
 

 
1

Currency derivatives – net gain (loss) recognized in earnings
Other income
 
(2
)
 
10

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

 

 
Schedule of fair values of derivative instruments
The following table presents the fair values of our derivative instruments as of April 30, 2013 and 2014.
 
Balance Sheet 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

 
$
(2
)
Currency derivatives
Other assets
 
2

 

Currency derivatives
Accrued expenses
 
2

 
(5
)
Currency derivatives
Other liabilities
 

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

 
(1
)
April 30, 2014:
 
 
 
 
 
Designated as cash flow hedges:
 
 
 
 
 
Currency derivatives
Other current assets
 
6

 
(6
)
Currency derivatives
Other assets
 
2

 

Currency derivatives
Accrued expenses
 
2

 
(6
)
Currency derivatives
Other liabilities
 

 
(4
)
Not designated as hedges:
 
 
 
 
 
Currency derivatives
Other current assets
 
5

 

Currency derivatives
Accrued expenses
 
1

 

Offsetting Assets and Liabilities [Table Text Block]
The following table summarizes the gross and net amounts of our derivative contracts.
 
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
)
April 30, 2014:
 
 
 
 
 
 
 
 
 
Derivative assets
17

 
(10
)
 
7

 
(2
)
 
5

Derivative liabilities
(17
)
 
10

 
(7
)
 
2

 
(5
)