XML 95 R68.htm IDEA: XBRL DOCUMENT v3.25.2
Debt and Financing Arrangements - Narrative (Details)
$ in Millions
12 Months Ended
Apr. 30, 2025
USD ($)
Bank
Apr. 30, 2024
USD ($)
Apr. 30, 2023
USD ($)
Apr. 30, 2020
USD ($)
Nov. 07, 2023
USD ($)
Debt and Financing Arrangements (Textual) [Abstract]          
Repayment of long-term debt $ 1,300.0 $ 1,791.0 $ 0.0    
Other debt gains (charges) – net [1] 30.2 [2] (19.5) [2] 0.0    
Debt instrument face amount 7,103.2 7,850.0      
Capitalized debt issuance costs 3.0 32.1 0.0    
Gain (Loss) on Extinguishment of Debt $ 30.3        
Percentage of the principal amount thereof which company can prepay 100.00%        
Number of banks | Bank 10        
Short-term borrowings $ 640.8 591.0      
Interest paid 410.6 170.7 $ 153.1    
Debt Instrument, Repurchased Face Amount 300.0        
Debt Instrument, Repurchase Amount 335.9        
Debt Reacquisition Price 300.0        
Fees Paid to Execute Debt Extinguishment 1.1        
Loss (Gain) on Reverse Tresaury Lock 4.5        
Commercial Paper [Member]          
Debt and Financing Arrangements (Textual) [Abstract]          
Commercial paper, borrowing capacity 2,000.0        
Short-term borrowings $ 641.0 $ 591.0      
Commercial paper weighted-average interest rate 4.73% 5.48%      
Commercial Paper [Member] | Hostess Brands          
Debt and Financing Arrangements (Textual) [Abstract]          
Short-term borrowings         $ 700.0
Term Loan Credit Agreement | Hostess Brands          
Debt and Financing Arrangements (Textual) [Abstract]          
Maximum borrowing capacity   $ 800.0      
Repayment of long-term debt   800.0      
Bridge Loan | Hostess Brands          
Debt and Financing Arrangements (Textual) [Abstract]          
Maximum borrowing capacity   5,200.0      
Bridge Loan   0.0     $ 0.0
Other debt gains (charges) – net   (19.5)      
Senior Notes [Member]          
Debt and Financing Arrangements (Textual) [Abstract]          
Debt instrument face amount       $ 800.0  
Capitalized debt issuance costs   31.8      
Debt Instrument, Unamortized Discount   15.0      
Senior Notes [Member] | Hostess Brands          
Debt and Financing Arrangements (Textual) [Abstract]          
Debt instrument face amount   3,500.0      
Term Loan Credit Agreement Due March 5, 2027          
Debt and Financing Arrangements (Textual) [Abstract]          
Debt instrument face amount $ 650.0 0.0      
Long-Term Debt, Percentage Bearing Variable Interest, Percentage Rate 5.43%        
Derivative Instruments, Gain (Loss) [Line Items]          
Long-Term Debt, Percentage Bearing Variable Interest, Percentage Rate 5.43%        
3.50% Senior Notes due March 15, 2025          
Debt and Financing Arrangements (Textual) [Abstract]          
Debt instrument face amount $ 0.0 1,000.0      
2.75% Senior Notes due September 15, 2041          
Debt and Financing Arrangements (Textual) [Abstract]          
Debt instrument face amount 177.5 300.0      
Cash Tender Offer 122.5        
Early Repayment of Senior Debt 122.5        
Derivative Instruments, Gain (Loss) [Line Items]          
Cash Tender Offer 122.5        
3.55% Senior Notes due March 15, 2050          
Debt and Financing Arrangements (Textual) [Abstract]          
Debt instrument face amount 161.2 300.0      
Cash Tender Offer 138.8        
Early Repayment of Senior Debt 138.8        
Derivative Instruments, Gain (Loss) [Line Items]          
Cash Tender Offer 138.8        
2.13% Senior Notes due March 15, 2032          
Debt and Financing Arrangements (Textual) [Abstract]          
Debt instrument face amount 364.5 500.0      
Cash Tender Offer 194.1        
Early Repayment of Senior Debt 135.5        
Derivative Instruments, Gain (Loss) [Line Items]          
Cash Tender Offer 194.1        
Revolving Credit Facility [Member]          
Debt and Financing Arrangements (Textual) [Abstract]          
Revolving credit facility maximum borrowing capacity 2,000.0 2,000.0      
Outstanding balance under revolving credit facility 0.0 $ 0.0      
Revolving Credit Facility, Debt Issuance Costs 3.9        
Derivative Instruments, Gain (Loss) [Line Items]          
Revolving Credit Facility, Debt Issuance Costs $ 3.9        
Interest Rate Contracts          
Derivative Instruments, Gain (Loss) [Line Items]          
Deferred pre-tax net gain (loss) included in accumulated other comprehensive loss       $ (239.8)  
[1] Includes special project costs related to certain divestiture, acquisition, integration, and restructuring activities. For more information, see Note 4: Special Project Costs, Note 5: Reportable Segments, and Note 8: Debt and Financing Arrangements.
[2] Includes special project costs related to certain divestiture, acquisition, integration, and restructuring activities. For more information, see Note 4: Special Project Costs and Note 8: Debt and Financing Arrangements.