Other Comprehensive Income (Tables)

6 Months Ended

Oct. 31, 2021

Statement of Comprehensive Income [Abstract]

Comprehensive Income (Loss) [Table Text Block]

The following tables show the components of net other comprehensive income (loss):

	Three Months Ended						Three Months Ended
	October 31, 2020						October 31, 2021
(Dollars in millions)	Pre-Tax		Tax		Net		Pre-Tax		Tax		Net
Currency translation adjustments:
Net gain (loss) on currency translation	$	5	$	(1)	$	4	$	(9)	$	(3)	$	(12)
Reclassification to earnings	—		—		—		—		—		—
Other comprehensive income (loss), net	5		(1)		4		(9)		(3)		(12)
Cash flow hedge adjustments:
Net gain (loss) on hedging instruments	14		(4)		10		15		(4)		11
Reclassification to earnings1	(5)		1		(4)		(2)		1		(1)
Other comprehensive income (loss), net	9		(3)		6		13		(3)		10
Postretirement benefits adjustments:
Net actuarial gain (loss) and prior service cost	—		—		—		(1)		—		(1)
Reclassification to earnings2	7		(2)		5		7		(2)		5
Other comprehensive income (loss), net	7		(2)		5		6		(2)		4
Total other comprehensive income (loss), net	$	21	$	(6)	$	15	$	10	$	(8)	$	2
	Six Months Ended						Six Months Ended
	October 31, 2020						October 31, 2021
(Dollars in millions)	Pre-Tax		Tax		Net		Pre-Tax		Tax		Net
Currency translation adjustments:
Net gain (loss) on currency translation	$	58	$	8	$	66	$	(17)	$	(5)	$	(22)
Reclassification to earnings	—		—		—		—		—		—
Other comprehensive income (loss), net	58		8		66		(17)		(5)		(22)
Cash flow hedge adjustments:
Net gain (loss) on hedging instruments	(35)		8		(27)		30		(7)		23
Reclassification to earnings1	(16)		4		(12)		1		—		1
Other comprehensive income (loss), net	(51)		12		(39)		31		(7)		24
Postretirement benefits adjustments:
Net actuarial gain (loss) and prior service cost	—		—		—		(1)		—		(1)
Reclassification to earnings2	17		(5)		12		13		(4)		9
Other comprehensive income (loss), net	17		(5)		12		12		(4)		8
Total other comprehensive income (loss), net	$	24	$	15	$	39	$	26	$	(16)	$	10

1Pre-tax amount for each period is classified as sales in the accompanying condensed consolidated statements of operations.

2For the six months ended October 31, 2020, $4 of the pre-tax amount of $17 is classified in gain on sale of business in the accompanying condensed consolidated statements of operations. Otherwise, the pre-tax amount for each period is classified as non-operating postretirement expense.