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Debt and Credit Facilities
 12 Months Ended
Apr. 30, 2022
Debt Disclosure [Abstract]  
Debt and Credit Facilities Debt and Credit Facilities
Our long-term debt (net of unamortized discounts and issuance costs) consisted of:
April 30,20212022
2.25% senior notes, $250 principal amount, due January 15, 2023
$249 $250 
3.50% senior notes, $300 principal amount, due April 15, 2025
298 298 
1.20% senior notes, €300 principal amount, due July 7, 2026
362 315 
2.60% senior notes, £300 principal amount, due July 7, 2028
415 374 
4.00% senior notes, $300 principal amount, due April 15, 2038
294 295 
3.75% senior notes, $250 principal amount, due January 15, 2043
248 248 
4.50% senior notes, $500 principal amount, due July 15, 2045
488 489 
2,354 2,269 
Less current portion— 250 
$2,354 $2,019 
Debt payments required over the next five fiscal years consist of $250 in 2023, $0 in 2024, $300 in 2025, $0 in 2026, $316 in 2027, and $1,427 after 2027.
The senior notes contain terms, events of default, and covenants customary of these types of unsecured securities, including limitations on the amount of secured debt we can issue.
Our short-term borrowings of $205 as of April 30, 2021, included $195 of borrowings under our commercial paper program. There were no borrowings under that program as of April 30, 2022.
April 30,20212022
Commercial paper$195$—
Average interest rate0.16%—%
Average remaining days to maturity240
We have a committed revolving credit agreement with various U.S. and international banks for $800 that expires in November 2024. At April 30, 2022, there were no borrowings outstanding under this facility.