XML 16 R6.htm IDEA: XBRL DOCUMENT v3.25.4
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Jan. 31, 2026
Jan. 31, 2025
Cash flows from operating activities:    
Net income $ 661 $ 723
Adjustments to reconcile net income to net cash provided by operations:    
Equity method investment income and gain on sale 0 (83)
Depreciation and amortization 68 66
Stock-based compensation expense 22 20
Deferred income tax benefit (29) (43)
Change in fair value of contingent consideration (1) 5
Other, net (3) (3)
Changes in assets and liabilities:    
Accounts receivable (126) (106)
Inventories (24) (61)
Other current assets (17) 21
Accounts payable and accrued expenses 77 (64)
Accrued income taxes 15 (10)
Other operating assets and liabilities 66 (19)
Cash provided by operating activities 709 446
Cash flows from investing activities:    
Proceeds from sale of equity method investment 0 350
Additions to property, plant, and equipment (81) (117)
Proceeds from sale of cooperage assets 33 51
Cash provided by (used for) investing activities (48) 284
Cash flows from financing activities:    
Net change in short term borrowings (13) (227)
Payments of withholding taxes related to stock-based awards (1) (2)
Acquisition of treasury stock (400) 0
Dividends paid (321) (313)
Other, net (2) (4)
Cash used for financing activities (737) (546)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 15 (20)
Net increase (decrease) in cash, cash equivalents, and restricted cash (61) 164
Cash, cash equivalents, and restricted cash at beginning of period 463 456
Cash, cash equivalents, and restricted cash at end of period 402 620
Less: Restricted cash (included in other current assets) at end of period (19) (21)
Cash and cash equivalents at end of period 383 599
Supplemental information:    
Non-cash additions to property, plant and equipment 2 7
Right-of-use assets obtained in exchange for new lease obligations $ 22 $ 30