v3.25.1
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Apr. 30, 2023
Income Statement [Abstract]      
Sales $ 5,056 $ 5,328 $ 5,372
Excise taxes 1,081 1,150 1,144
Net sales 3,975 4,178 4,228
Cost of sales 1,632 1,652 1,734
Gross profit 2,343 2,526 2,494
Advertising expenses 484 529 506
Selling, general, and administrative expenses 744 826 742
Total restructuring and other charges 60 0 0
Gain on business divestitures 0 (267) 0
Other expense (income), net (52) 24 119
Operating income 1,107 1,414 1,127
Non-operating postretirement expense 4 3 29
Interest income (17) (14) (9)
Interest expense 122 127 90
Equity method investment income and gain on sale (83) 0 0
Income before income taxes 1,081 1,298 1,017
Income taxes 212 274 234
Net income $ 869 $ 1,024 $ 783
Earnings per share:      
Basic (dollars per share) $ 1.84 $ 2.15 $ 1.63
Diluted (dollars per share) $ 1.84 $ 2.14 $ 1.63