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Debt and Credit Facilities
 12 Months Ended
Apr. 30, 2024
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 30,20232024
3.50% senior notes, $300 principal amount, due April 15, 2025
$299 $300 
1.20% senior notes, €300 principal amount, due July 7, 2026
330 321 
2.60% senior notes, £300 principal amount, due July 7, 2028
375 375 
4.75% senior notes, $650 principal amount, due April 15, 2033
642 643 
4.00% senior notes, $300 principal amount, due April 15, 2038
295 295 
3.75% senior notes, $250 principal amount, due January 15, 2043
248 248 
4.50% senior notes, $500 principal amount, due July 15, 2045
489 490 
2,678 2,672 
Less current portion— 300 
$2,678 $2,372 
Debt payments required over the next five fiscal years consist of $300 in 2025, $0 in 2026, $322 in 2027, $0 in 2028, $377 in 2029, and $1,700 after 2029.
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.
Details of our short-term borrowings at April 30, 2023 and 2024, are presented below:
April 30,20232024
Commercial paper (par amount)
$235$429
Average interest rate5.17%5.49%
Average remaining days to maturity2112
We have a committed revolving credit agreement with various U.S. and international banks for $900 that expires in May 2028.