v3.26.1
Statements of Consolidated Cash Flows - USD ($)
$ in Millions
12 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Apr. 30, 2024
Operating Activities      
Net income (loss) $ (138.7) $ (1,230.8) $ 744.0
Adjustments to reconcile net income (loss) to net cash provided by (used for) operations:      
Depreciation 346.4 283.2 239.7
Amortization 210.6 219.3 191.1
Goodwill impairment charges 507.5 [1] 1,661.6 [1] 0.0
Other intangible assets impairment charges 454.2 320.9 0.0
Realized loss on investment in equity securities - net 0.0 0.0 21.5
Pension settlement loss (gain) 34.4 0.0 3.2
Share-based compensation expense 23.6 29.9 23.9
Loss (gain) on divestitures – net 0.0 310.1 12.9
Deferred income tax expense (benefit) (103.3) (108.0) (40.5)
Loss (gain) on disposal of assets – net 3.9 12.6 7.8
Other noncash adjustments – net 50.9 15.3 31.9
Settlement of interest rate contracts 0.0 0.0 42.5
Defined benefit pension contributions (11.5) (5.0) (4.1)
Changes in assets and liabilities, net of effect from acquisition and divestitures:      
Trade receivables (36.9) 117.2 41.5
Inventories 83.3 (180.6) 2.9
Other current assets 61.1 (48.9) (35.5)
Accounts payable (112.0) (36.5) (81.7)
Accrued liabilities (48.5) (85.4) 99.4
Income and other taxes 142.6 (50.6) (34.9)
Other – net 6.0 (13.9) (36.2)
Net Cash Provided by (Used for) Operating Activities 1,473.6 1,210.4 1,229.4
Investing Activities      
Business acquired, net of cash acquired 0.0 0.0 (3,920.6)
Proceeds from sale of equity securities 0.0 0.0 466.3
Proceeds from divestitures – net 0.0 326.0 56.3
Additions to property, plant, and equipment (317.4) (393.8) (586.5)
Proceeds from disposal of property, plant, and equipment 13.1 7.0 0.4
Collateral received (pledged) for derivative cash margin accounts 44.9 (39.4) 18.9
Other – net 0.6 (0.1) 0.6
Net Cash Provided by (Used for) Investing Activities (258.8) (100.3) (3,964.6)
Financing Activities      
Short-term borrowings (repayments) – net (251.5) 19.2 578.2
Proceeds from long-term debt 0.0 650.0 4,285.0
Repayments of long-term debt (500.0) (1,300.0) (1,791.0)
Capitalized debt issuance costs 0.0 (3.0) (32.1)
Quarterly dividends paid (464.7) (455.4) (437.5)
Purchase of treasury shares (5.6) (3.3) (372.8)
Proceeds from stock option exercises   1.9 3.2
Payment of assumed tax receivable agreement obligation 0.0 0.0 (86.4)
Other – net (4.7) (10.2) (1.8)
Net Cash Provided by (Used for) Financing Activities (1,226.5) (1,102.7) 2,141.6
Effect of exchange rate changes on cash 0.4 0.5 (0.2)
Net increase (decrease) in cash and cash equivalents (11.3) 7.9 (593.8)
Cash and cash equivalents at beginning of year 69.9 62.0 655.8
Cash and Cash Equivalents at End of Year $ 58.6 $ 69.9 $ 62.0
[1] Accumulated goodwill impairment charges of $2,412.0 have been recognized as of April 30, 2026.