Debt and Financing Arrangements (Tables)

6 Months Ended

Oct. 31, 2019

Debt Disclosure [Abstract]

Long-term debt

Long-term debt consists of the following:

	October 31, 2019				April 30, 2019
	Principal Outstanding		Carrying Amount (A)		Principal Outstanding		Carrying Amount (A)
2.20% Senior Notes due December 6, 2019	$	300.0	$	300.0	$	300.0	$	299.5
2.50% Senior Notes due March 15, 2020	500.0		499.5		500.0		499.0
3.50% Senior Notes due October 15, 2021	750.0		764.8		750.0		768.4
3.00% Senior Notes due March 15, 2022	400.0		398.3		400.0		398.0
3.50% Senior Notes due March 15, 2025	1,000.0		995.6		1,000.0		995.2
3.38% Senior Notes due December 15, 2027	500.0		496.5		500.0		496.2
4.25% Senior Notes due March 15, 2035	650.0		643.7		650.0		643.5
4.38% Senior Notes due March 15, 2045	600.0		586.3		600.0		586.0
Term Loan Credit Agreement due May 14, 2021	700.0		699.3		800.0		799.0
Total long-term debt	$	5,400.0	$	5,384.0	$	5,500.0	$	5,484.8
Current portion of long-term debt	800.0		799.5		800.0		798.5
Total long-term debt, less current portion	$	4,600.0	$	4,584.5	$	4,700.0	$	4,686.3

 

(A) Represents the carrying amount included in the Condensed Consolidated Balance Sheets, which includes the impact of capitalized debt issuance costs, terminated interest rate contracts, and offering discounts.