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Other Comprehensive Income
3 Months Ended
Jul. 31, 2016
Statement of Comprehensive Income [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
Other Comprehensive Income
The following table presents the components of net other comprehensive income (loss):
 
Three Months Ended
 
Three Months Ended
 
July 31, 2015
 
July 31, 2016
(Dollars in millions)
Pre-Tax
 
Tax
 
Net
 
Pre-Tax
 
Tax
 
Net
Currency translation adjustments:
 
 
 
 
 
 
 
 
 
 
 
Net gain (loss) on currency translation
$
(23
)
 
$
(1
)
 
$
(24
)
 
$
(68
)
 
$
1

 
$
(67
)
Reclassification to earnings

 

 

 

 

 

Other comprehensive income (loss), net
(23
)
 
(1
)
 
(24
)
 
(68
)
 
1

 
(67
)
Cash flow hedge adjustments:
 
 
 
 
 
 
 
 
 
 
 
Net gain (loss) on hedging instruments
37

 
(12
)
 
25

 
29

 
(11
)
 
18

Reclassification to earnings1
(13
)
 
4

 
(9
)
 
(10
)
 
4

 
(6
)
Other comprehensive income (loss), net
24

 
(8
)
 
16

 
19

 
(7
)
 
12

Postretirement benefits adjustments:
 
 
 
 
 
 
 
 
 
 
 
Net actuarial gain (loss) and prior service cost

 

 

 

 

 

Reclassification to earnings2
7

 
(3
)
 
4

 
5

 
(2
)
 
3

Other comprehensive income (loss), net
7

 
(3
)
 
4

 
5

 
(2
)
 
3

 
 
 
 
 
 
 
 
 
 
 
 
Total other comprehensive income (loss), net
$
8

 
$
(12
)
 
$
(4
)
 
$
(44
)
 
$
(8
)
 
$
(52
)
1Pre-tax amount is classified as net sales in the accompanying consolidated statements of operations.
2Pre-tax amount is a component of pension and other postretirement benefit expense (as shown in Note 7, except for amounts related to non-U.S. benefit plans, about which no information is presented in Note 7 due to immateriality).