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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 31, 2025
Apr. 30, 2025
Assets    
Cash and cash equivalents $ 471 $ 444
Accounts receivable, less allowance for doubtful accounts of $7 at April 30 and $8 at July 31 847 830
Inventories:    
Barreled whiskey 1,584 1,567
Finished goods 515 476
Work in process 385 378
Raw materials and supplies 102 90
Total inventories 2,586 2,511
Assets held for sale 0 121
Other current assets 274 289
Total current assets 4,178 4,195
Property, plant, and equipment, net 1,094 1,095
Goodwill 1,507 1,505
Other intangible assets 1,071 981
Deferred tax assets 48 47
Other assets 273 263
Total assets 8,171 8,086
Liabilities    
Accounts payable and accrued expenses 687 741
Dividends payable 107 0
Accrued income taxes 77 27
Short-term borrowings 282 312
Current portion of long-term debt 344 0
Total current liabilities 1,497 1,080
Long-term debt 2,075 2,421
Deferred tax liabilities 242 241
Accrued pension and other postretirement benefits 173 164
Other liabilities 196 187
Total liabilities 4,183 4,093
Commitments and contingencies
Stockholders' Equity    
Additional paid-in capital 34 36
Retained earnings 4,666 4,710
Accumulated other comprehensive income (loss), net of tax (184) (220)
Treasury stock, at cost (11,863,000 and 11,779,000 shares at April 30 and July 31, respectively) (600) (605)
Total stockholders' equity 3,988 3,993
Total liabilities and stockholders' equity 8,171 8,086
Common stock, Class A, voting [Member]    
Stockholders' Equity    
Common stock 25 25
Common stock, Class B, nonvoting [Member]    
Stockholders' Equity    
Common stock $ 47 $ 47