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Derivative Financial Instruments (Tables)
 6 Months Ended
Oct. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Outstanding derivative contracts
The following table presents the gross notional value of outstanding derivative contracts.
October 31, 2025April 30, 2025
Commodity contracts$1,281.4 $1,698.1 
Foreign currency exchange contracts88.3 122.4 
Fair value of derivative instruments
The following tables set forth the gross fair value amounts of derivative instruments recognized in the Condensed Consolidated Balance Sheets.
 October 31, 2025
 Other
Current
Assets		Other
Current
Liabilities		Other
Noncurrent
Assets		Other
Noncurrent
Liabilities
Derivatives not designated as hedging instruments:
Commodity contracts$13.3 $61.9 $— $— 
Foreign currency exchange contracts1.3 0.2 — — 
Total derivative instruments$14.6 $62.1 $— $— 
 April 30, 2025
 Other
Current
Assets		Other
Current
Liabilities		Other
Noncurrent
Assets		Other
Noncurrent
Liabilities
Derivatives not designated as hedging instruments:
Commodity contracts$81.5 $18.7 $— $— 
Foreign currency exchange contracts0.8 1.5 — — 
Total derivative instruments$82.3 $20.2 $— $— 
Net gains and losses recognized in costs of products sold on derivatives not designated as hedging instruments
The following table presents the net gains and losses recognized in cost of products sold in the Condensed Statements of Consolidated Income (Loss) on derivatives not designated as hedging instruments.
 Three Months Ended October 31,Six Months Ended October 31,
 2025202420252024
Derivative gains (losses) on commodity contracts$59.8 $20.6 $(167.9)$(9.4)
Derivative gains (losses) on foreign currency exchange contracts1.0 1.5 1.6 1.7 
Total derivative gains (losses) recognized in cost of products sold$60.8 $22.1 $(166.3)$(7.7)
Net cumulative unallocated derivative gains (losses)
The following table presents the net change in cumulative unallocated derivative gains and losses.
 Three Months Ended October 31,Six Months Ended October 31,
2025202420252024
Net derivative gains (losses) recognized and classified as unallocated$60.8 $22.1 $(166.3)$(7.7)
Less: Net derivative gains (losses) reclassified to segment operating profit(42.2)10.4 (16.2)10.6 
Change in net cumulative unallocated derivative gains and losses$103.0 $11.7 $(150.1)$(18.3)
Pre-tax gains and losses recognized on all contracts previously designated as cash flow hedges
The following table presents information on the pre-tax gains and losses recognized on all contracts previously designated as cash flow hedges.
Three Months Ended October 31,Six Months Ended October 31,
2025202420252024
Gains (losses) recognized in other comprehensive income (loss)$— $— $— $— 
Less: Gains (losses) reclassified from accumulated other comprehensive income (loss) to interest expense – net (A)
(3.2)(3.4)(6.3)(6.8)
Change in accumulated other comprehensive income (loss)$3.2 $3.4 $6.3 $6.8 
(A)Interest expense – net, as presented in the Condensed Statements of Consolidated Income (Loss) was $98.6 and $98.7 for the three months ended October 31, 2025 and 2024, respectively and, $198.8 and $199.1 for the six months ended October 31, 2025 and 2024. The reclassification includes terminated contracts which were designated as cash flow hedges.