Fair Value Measurements (Tables)

9 Months Ended

Jan. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following table summarizes the assets and liabilities measured or disclosed at fair value on a recurring basis:

	April 30, 2023				January 31, 2024
	Carrying		Fair		Carrying		Fair
(Dollars in millions)	Amount		Value		Amount		Value
Assets
Cash and cash equivalents	$	374	$	374	$	589	$	589
Currency derivatives, net	16		16		7		7
Liabilities
Currency derivatives, net	2		2		1		1
Short-term borrowings	235		235		728		728
Long-term debt	2,678		2,556		2,678		2,570
Contingent consideration (Note 14)	63		63		62		62

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table shows the changes in our contingent consideration liability during the nine months ended January 31, 2024:

(Dollars in millions)
Balance at April 30, 2023	$	63
Purchase accounting adjustment (Note 14)	(1)
Change in fair value1	1
Foreign currency translation adjustment	(1)
Balance at January 31, 2024	$	62

1Classified as “other expense (income), net” in the accompanying condensed consolidated statement of operations.