v3.26.1
Reportable Segments (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Apr. 30, 2025
Jan. 31, 2025
Apr. 30, 2026
Apr. 30, 2025
Apr. 30, 2024
Segment Reporting [Line Items]          
Net sales     $ 9,050.9 $ 8,726.1 $ 8,178.7
Cost of products sold [1]     6,016.4 5,341.4 5,063.3
Selling, General and Administrative Expense     1,496.6 1,529.0 1,446.2
Segment profit     2,006.4 2,147.2 1,941.7
Amortization     (210.6) (219.3) (191.1)
Goodwill impairment charge     (507.5) [2] (1,661.6) [2] 0.0
Other intangible assets impairment charges     (454.2) (320.9) 0.0
Gain (loss) on divestitures - net     0.0 (310.1) (12.9)
Interest expense – net     (381.2) (388.7) (264.3)
Change in net cumulative unallocated derivative gains and losses     (58.6) 58.2 6.7
Cost of products sold – special project costs (B) [3]     (66.1) (9.1) (2.9)
Other special project costs (A) [1],[3]     (21.1) (35.8) (130.2)
Other debt gains (charges) – net [1]     0.0 30.2 [3] (19.5)
Corporate administrative expenses     (328.1) (322.5) (305.5)
Other income (expense) – net [3]     (41.4) (14.4) (25.6)
Income (Loss) Before Income Taxes     (62.4) (1,046.8) 996.4
Assets $ 17,563.3   16,219.4 17,563.3 20,273.7
Depreciation, amortization, and impairment charges     1,518.7 2,485.0 430.8
Additions to property, plant, and equipment     317.4 393.8 586.5
Unallocated          
Segment Reporting [Line Items]          
Assets [4] 261.1   126.5 261.1 149.5
Depreciation, amortization, and impairment charges [5]     97.8 45.6 38.0
U.S. Retail Coffee          
Segment Reporting [Line Items]          
Goodwill impairment charge [2]     0.0 0.0  
U.S. Retail Coffee | Operating Segments          
Segment Reporting [Line Items]          
Net sales     3,304.9 2,806.6 2,704.4
Cost of products sold [6]     2,275.8 1,709.3 1,572.8
Selling, General and Administrative Expense [7]     326.7 308.4 330.1
Segment Reporting, Other Segment Item, Amount [8]     0.9 (6.2) 42.3
Segment profit     701.5 795.1 759.2
Assets 4,927.8   4,692.0 4,927.8 4,826.3
Depreciation, amortization, and impairment charges     97.9 97.9 101.1
Additions to property, plant, and equipment by segment     38.4 62.7 79.7
U.S. Retail Frozen Handheld and Spreads          
Segment Reporting [Line Items]          
Goodwill impairment charge [2]     0.0 0.0  
U.S. Retail Frozen Handheld and Spreads | Operating Segments          
Segment Reporting [Line Items]          
Net sales     1,853.9 1,877.0 1,815.6
Cost of products sold [6]     1,151.9 1,167.5 1,118.8
Selling, General and Administrative Expense [7]     257.3 276.7 261.8
Segment Reporting, Other Segment Item, Amount [8]     0.0 7.5 0.9
Segment profit     444.7 425.3 434.1
Assets 3,263.1   3,236.6 3,263.1 3,257.1
Depreciation, amortization, and impairment charges     99.4 90.8 81.6
Additions to property, plant, and equipment by segment     110.2 157.6 334.5
U.S. Retail Pet Foods          
Segment Reporting [Line Items]          
Goodwill impairment charge [2]     0.0 0.0  
U.S. Retail Pet Foods | Operating Segments          
Segment Reporting [Line Items]          
Net sales     1,600.0 1,663.6 1,822.8
Cost of products sold [6]     874.1 936.0 1,131.7
Selling, General and Administrative Expense [7]     266.7 281.5 296.7
Segment Reporting, Other Segment Item, Amount [8]     (14.1) (13.5) (7.7)
Segment profit     473.3 459.6 402.1
Assets 4,679.3   4,624.2 4,679.3 4,784.1
Depreciation, amortization, and impairment charges     123.5 121.3 118.1
Additions to property, plant, and equipment by segment     53.4 83.2 83.4
Sweet Baked Snacks          
Segment Reporting [Line Items]          
Goodwill impairment charge (867.3) $ (794.3) (507.5) [2] (1,661.6) [2]  
Other intangible assets impairment charges (112.7) $ (208.2) (454.2)    
Sweet Baked Snacks | Operating Segments          
Segment Reporting [Line Items]          
Net sales     971.3 1,178.8 637.3
Cost of products sold [6]     705.6 779.9 410.0
Selling, General and Administrative Expense [7]     168.8 181.8 89.9
Segment Reporting, Other Segment Item, Amount [8]     (0.3) (2.7) (0.8)
Segment profit     97.2 219.8 138.2
Assets 3,394.9   2,318.9 3,394.9 6,267.1
Depreciation, amortization, and impairment charges [9]     1,059.6 2,092.0 59.6
Additions to property, plant, and equipment by segment     61.6 43.0 41.2
Away From Home          
Segment Reporting [Line Items]          
Goodwill impairment charge [2]     0.0 0.0  
Away From Home | Operating Segments          
Segment Reporting [Line Items]          
Net sales     879.0 763.0 711.5
Cost of products sold [6]     564.2 489.8 481.9
Selling, General and Administrative Expense [7]     97.0 101.2 94.2
Segment Reporting, Other Segment Item, Amount [8]     (2.3) (4.1) (1.3)
Segment profit     220.1 176.1 136.7
Assets 670.1   798.4 670.1 624.1
Depreciation, amortization, and impairment charges     30.9 27.4 26.8
Additions to property, plant, and equipment by segment     42.2 39.0 39.4
Other          
Segment Reporting [Line Items]          
Goodwill impairment charge [2]     0.0 0.0  
Other | Operating Segments          
Segment Reporting [Line Items]          
Net sales [10]     441.8 437.1 487.1
Cost of products sold [6],[10]     320.1 308.0 351.9
Selling, General and Administrative Expense [7],[10]     52.0 56.9 64.1
Segment Reporting, Other Segment Item, Amount [8],[10]     0.1 0.9 (0.3)
Segment profit [10]     69.6 71.3 71.4
Assets [11] $ 367.0   422.8 367.0 365.5
Depreciation, amortization, and impairment charges [11]     9.6 10.0 5.6
Additions to property, plant, and equipment by segment [11]     $ 11.6 $ 8.3 $ 8.3
[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] Accumulated goodwill impairment charges of $2,412.0 have been recognized as of April 30, 2026.
[3] 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.
[4] Primarily represents unallocated cash and cash equivalents and corporate-held investments.
[5] Primarily represents unallocated corporate administrative expenses, mainly consisting of depreciation and software amortization.
[6] Segment cost of products sold excludes special project costs related to certain divestiture, acquisition, integration, and restructuring activities and the change in net cumulative unallocated derivative gains and losses. For more information, see Note 4: Special Project Costs and Note 10: Derivative Financial Instruments.
[7] Segment selling and distribution expense excludes corporate administrative expenses and special project costs that are not allocated to the segments.
[8] Other segment items primarily reflects the loss (gain) on disposal of assets, plant administrative expenses, equity method investment income, and royalty income. In 2024, the U.S. Retail Coffee reportable segment includes an unfavorable impact related to the termination of a supplier agreement.
[9] During 2026, we recognized pre-tax impairment charges of $507.5 and $454.2 related to the goodwill of the Sweet Baked Snacks reporting unit and Hostess brand trademark, respectively. During 2025, we recognized pre-tax impairment charges of $1,661.6 and $320.9 related to the goodwill of the Sweet Baked Snacks reporting unit and Hostess brand trademark, respectively. For more information, see Note 7: Goodwill and Other Intangible Assets.
[10] Represents the International operating segment.
[11] Represents the International operating segment.