Divestitures (Tables)

9 Months Ended

Jan. 31, 2025

Discontinued Operations and Disposal Groups [Abstract]

Disclosure of Long-Lived Assets Held-for-Sale

The following table summarizes the net assets held for sale at January 31, 2025, inclusive of a valuation allowance, reflecting the fair value less costs to sell.

	January 31, 2025
	Sweet Baked Snacks value brands
Assets held for sale:
Inventories	$	4.6
Property, plant, and equipment – net	42.9
Operating lease right-of-use assets	0.9
Goodwill	26.3
Other intangible assets – net	5.0
Valuation allowance	(42.6)
Total assets held for sale	$	37.1
Liabilities held for sale:
Other current liabilities	$	0.9
Noncurrent operating lease liabilities	0.3
Total liabilities held for sale	1.2
Net assets held for sale	$	35.9

Disposal Groups, Including Discontinued Operations

The following table summarizes the net assets and liabilities included in the disposal group associated with the Voortman business divestiture.

	January 31, 2025
	Voortman
Assets disposed:
Cash and cash equivalents	$	1.4
Inventories	7.7
Other current assets	0.7
Property, plant, and equipment – net	33.9
Operating lease right-of-use assets	8.2
Goodwill	251.1
Other intangible assets – net	363.0
Total assets disposed	$	666.0
Liabilities disposed:
Accrued expenses	$	1.9
Current operating lease obligations	1.3
Deferred income taxes	95.2
Noncurrent operating lease liabilities	7.4
Other noncurrent liabilities	0.9
Total liabilities disposed	106.7
Net assets disposed	$	559.3