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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 31, 2017
Apr. 30, 2017
Assets    
Cash and cash equivalents $ 238 $ 182
Accounts receivable, less allowance for doubtful accounts of $7 at April 30 and July 31 576 557
Inventories:    
Barreled whiskey 895 873
Finished goods 217 186
Work in process 117 119
Raw materials and supplies 108 92
Total inventories 1,337 1,270
Other current assets 352 342
Total current assets 2,503 2,351
Property, plant, and equipment, net 719 713
Goodwill 755 753
Other intangible assets 661 641
Deferred tax assets 17 16
Other assets 147 151
Total assets 4,802 4,625
Liabilities    
Accounts payable and accrued expenses 454 501
Dividends payable 70 0
Accrued income taxes 57 9
Short-term borrowings 258 211
Current portion of long-term debt 250 249
Total current liabilities 1,089 970
Long-term debt 1,720 1,689
Deferred tax liabilities 135 152
Accrued pension and other postretirement benefits 298 314
Other liabilities 140 130
Total liabilities 3,382 3,255
Commitments and contingencies
Stockholders' Equity    
Additional paid-in capital 47 65
Retained earnings 1,824 4,470
Accumulated other comprehensive income (loss), net of tax (376) (390)
Treasury stock, at cost (70,540,000 and 3,356,000 shares at April 30 and July 31, respectively) (133) (2,843)
Total stockholders' equity 1,420 1,370
Total liabilities and stockholders' equity 4,802 4,625
Common stock, Class A, voting [Member]    
Stockholders' Equity    
Common stock 25 25
Common stock, Class B, nonvoting [Member]    
Stockholders' Equity    
Common stock $ 33 $ 43