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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Jul. 31, 2025
Jul. 31, 2024
Operating Activities    
Net income (loss) $ (43.9) $ 185.0
Adjustments to reconcile net income (loss) to net cash provided by (used for) operations:    
Depreciation 85.0 73.0
Amortization 50.2 56.0
Share-based compensation expense 9.0 8.9
Deferred income tax expense (benefit) 24.0 2.6
Other noncash adjustments – net 12.7 15.1
Changes in assets and liabilities:    
Trade receivables (24.3) 1.6
Inventories (177.3) (99.0)
Other current assets 53.0 2.6
Accounts payable (33.2) (61.5)
Accrued liabilities 76.2 (60.9)
Income and other taxes (41.1) 54.9
Other – net (0.9) (5.4)
Net Cash Provided by (Used for) Operating Activities (10.6) 172.9
Investing Activities    
Additions to property, plant, and equipment (84.3) (123.7)
Proceeds from disposal of property, plant, and equipment 12.9 0.0
Collateral pledged for derivative cash margin accounts (126.7) (48.6)
Other – net 0.2 (0.1)
Net Cash Provided by (Used for) Investing Activities (197.9) (172.4)
Financing Activities    
Short-term borrowings (repayments) – net 300.6 96.2
Quarterly dividends paid (114.4) (112.1)
Purchase of treasury shares (4.6) (2.6)
Other – net (3.6) (4.5)
Net Cash Provided by (Used for) Financing Activities 178.0 (23.0)
Effect of exchange rate changes on cash (0.1) 0.0
Net increase (decrease) in cash and cash equivalents (30.6) (22.5)
Cash and cash equivalents at beginning of period 69.9 62.0
Cash and cash equivalents at end of period $ 39.3 $ 39.5