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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Jan. 31, 2022
Jan. 31, 2021
Income Statement [Abstract]        
Sales $ 1,365 $ 1,222 $ 3,831 $ 3,481
Excise taxes 328 311 894 832
Net sales 1,037 911 2,937 2,649
Cost of sales 415 361 1,172 1,053
Gross profit 622 550 1,765 1,596
Advertising expenses 117 121 311 278
Selling, general, and administrative expenses 162 157 495 460
Gain on sale of business 0 0 0 (127)
Other expense (income), net (4) (9) 1 (13)
Operating income 347 281 958 998
Non-operating postretirement expense 0 1 2 4
Interest income (1) 0 (3) (1)
Interest expense 20 21 61 61
Income before income taxes 328 259 898 934
Income taxes 69 40 211 151
Net income $ 259 $ 219 $ 687 $ 783
Earnings per share:        
Basic (dollars per share) $ 0.54 $ 0.46 $ 1.43 $ 1.64
Diluted (dollars per share) $ 0.54 $ 0.45 $ 1.43 $ 1.63