XML 20 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 30, 2017
Apr. 30, 2016
ASSETS    
Cash and cash equivalents $ 182 $ 263
Accounts receivable, less allowance for doubtful accounts of $9 in 2016 and $7 in 2017 557 559
Inventories:    
Barreled whiskey 873 666
Finished goods 186 187
Work in process 119 116
Raw materials and supplies 92 85
Total inventories 1,270 1,054
Other current assets 342 357
Total current assets 2,351 2,233
Property, plant, and equipment, net 713 629
Goodwill 753 590
Other intangible assets 641 595
Deferred tax assets 16 17
Other assets 151 119
Total assets 4,625 4,183
LIABILITIES    
Accounts payable and accrued expenses 501 501
Accrued income taxes 9 19
Short-term borrowings 211 271
Current portion of long-term debt 249 0
Total current liabilities 970 791
Long-term debt 1,689 1,230
Deferred tax liabilities 152 101
Accrued pension and other postretirement benefits 314 353
Other liabilities 130 146
Total liabilities 3,255 2,621
Commitments and contingencies
STOCKHOLDERS’ EQUITY    
Additional paid-in capital 65 114
Retained earnings 4,470 4,065
Accumulated other comprehensive income (loss), net of tax (390) (350)
Treasury stock, at cost (59,143,000 and 70,540,000 shares in 2016 and 2017, respectively) (2,843) (2,301)
Total stockholders’ equity 1,370 1,562
Total liabilities and stockholders’ equity 4,625 4,183
Common stock, Class A, voting [Member]    
STOCKHOLDERS’ EQUITY    
Common stock 25 13
Common Stock, Class B, nonvoting [Member]    
STOCKHOLDERS’ EQUITY    
Common stock $ 43 $ 21