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Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 30, 2019
Apr. 30, 2018
ASSETS    
Cash and cash equivalents $ 307 $ 239
Accounts receivable, net 609 639
Inventories:    
Barreled whiskey 1,004 947
Finished goods 279 225
Work in process 152 117
Raw materials and supplies 85 90
Total inventories 1,520 1,379
Other current assets 283 298
Total current assets 2,719 2,555
Property, plant, and equipment, net 816 780
Goodwill 753 763
Other intangible assets 645 670
Deferred tax assets 16 16
Other assets 190 192
Total assets 5,139 4,976
Liabilities    
Accounts payable and accrued expenses 544 581
Accrued income taxes 9 25
Short-term borrowings 150 215
Total current liabilities 703 821
Long-term debt 2,290 2,341
Deferred tax liabilities 145 85
Accrued pension and other postretirement benefits 197 191
Other liabilities 157 222
Total liabilities 3,492 3,660
Commitments and contingencies
Stockholders’ Equity    
Additional paid-in capital 0 4
Retained earnings 2,238 1,730
Accumulated other comprehensive income (loss), net of tax (363) (378)
Treasury stock, at cost (3,531,000 and 7,360,000 shares in 2018 and 2019, respectively) (300) (112)
Total stockholders’ equity 1,647 1,316
Total liabilities and stockholders’ equity 5,139 4,976
Common stock, Class A, voting [Member]    
Stockholders’ Equity    
Common stock 25 25
Common Stock, Class B, nonvoting [Member]    
Stockholders’ Equity    
Common stock $ 47 $ 47