Stockholders' Equity (Tables)

9 Months Ended

Jan. 31, 2026

Equity, Attributable to Parent [Abstract]

Schedule of Stockholders Equity [Table Text Block]

The following table shows the changes in stockholders’ equity by quarter during the nine months ended January 31, 2025:

(Dollars in millions)	Class A Common Stock		Class B Common Stock		Additional Paid-in Capital		Retained Earnings		AOCI		Treasury Stock		Total
Balance at April 30, 2024	$	25	$	47	$	13	$	4,261	$	(221)	$	(608)	$	3,517
Net income							195						195
Net other comprehensive income (loss)									(43)				(43)
Declaration of cash dividends							(206)						(206)
Stock-based compensation expense					4								4
Stock issued under compensation plans											3		3
Loss on issuance of treasury stock issued under compensation plans					(5)								(5)
Balance at July 31, 2024	25		47		12		4,250		(264)		(605)		3,465
Net income							258						258
Net other comprehensive income (loss)									(27)				(27)
Stock-based compensation expense					9								9
Balance at October 31, 2024	25		47		21		4,508		(291)		(605)		3,705
Net income							270						270
Net other comprehensive income (loss)									(52)				(52)
Declaration of cash dividends							(107)						(107)
Stock-based compensation expense					7								7
Balance at January 31, 2025	$	25	$	47	$	28	$	4,671	$	(343)	$	(605)	$	3,823

The following table shows the changes in stockholders’ equity by quarter during the nine months ended January 31, 2026:

(Dollars in millions)	Class A Common Stock		Class B Common Stock		Additional Paid-in Capital		Retained Earnings		AOCI		Treasury Stock		Total
Balance at April 30, 2025	$	25	$	47	$	36	$	4,710	$	(220)	$	(605)	$	3,993
Net income							170						170
Net other comprehensive income (loss)									36				36
Declaration of cash dividends							(214)						(214)
Stock-based compensation expense					4								4
Stock issued under compensation plans											5		5
Loss on issuance of treasury stock issued under compensation plans					(6)								(6)
Balance at July 31, 2025	25		47		34		4,666		(184)		(600)		3,988
Net income							224						224
Net other comprehensive income (loss)									14				14
Acquisition of treasury stock											(100)		(100)
Stock-based compensation expense					8								8
Balance at October 31, 2025	25		47		42		4,890		(170)		(700)		4,134
Net income							267						267
Net other comprehensive income (loss)									82				82
Declaration of cash dividends							(107)						(107)
Acquisition of treasury stock											(304)		(304)
Stock-based compensation expense					10								10
Balance at January 31, 2026	$	25	$	47	$	52	$	5,050	$	(88)	$	(1,004)	$	4,082

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following table shows the change in each component of accumulated other comprehensive income (AOCI), net of tax, during the nine months ended January 31, 2026:

(Dollars in millions)	Currency Translation Adjustments		Cash Flow Hedge Adjustments		Postretirement Benefits Adjustments		Total AOCI
Balance at April 30, 2025	$	(92)	$	(5)	$	(123)	$	(220)
Net other comprehensive income (loss)	120		(5)		17		132
Balance at January 31, 2026	$	28	$	(10)	$	(106)	$	(88)

Dividends Declared [Table Text Block]

The following table shows the cash dividends declared per share on our Class A and Class B common stock during the nine months ended January 31, 2026:

Declaration Date	Record Date	Payable Date	Amount per Share
May 22, 2025	June 9, 2025	July 1, 2025	$0.2265
July 24, 2025	September 3, 2025	October 1, 2025	$0.2265
November 19, 2025	December 5, 2025	January 2, 2026	$0.2310