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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Jan. 31, 2025
Jan. 31, 2024
Income Statement [Abstract]        
Sales $ 1,348 $ 1,406 $ 3,935 $ 4,137
Excise taxes 313 337 854 923
Net sales 1,035 1,069 3,081 3,214
Cost of sales 416 434 1,251 1,257
Gross profit 619 635 1,830 1,957
Advertising expenses 125 143 377 414
Selling, general, and administrative expenses 178 203 551 595
Total restructuring and other charges 31 0 33 0
Gain on sale of business 0 (90) 0 (90)
Other expense (income), net 5 6 (33) (1)
Operating income 280 373 902 1,039
Non-operating postretirement expense 3 1 4 2
Interest income (5) (3) (12) (7)
Interest expense 31 33 95 93
Equity method investment income and gain on sale (81) 0 (83) 0
Income before income taxes 332 342 898 951
Income taxes 62 57 175 193
Net income $ 270 $ 285 $ 723 $ 758
Earnings per share:        
Basic (dollars per share) $ 0.57 $ 0.60 $ 1.53 $ 1.59
Diluted (dollars per share) $ 0.57 $ 0.60 $ 1.53 $ 1.58