v3.26.1
Retirement Benefits Plans (Tables)
 12 Months Ended
Apr. 30, 2026
Retirement Benefits [Abstract]  
Schedule of Reconciliation of Benefit Obligations and Plan Assets
The following table provides a reconciliation of benefit obligations and plan assets of the Company’s defined benefit pension plan:
April 30,
(In millions)20262025
Changes in projected benefit obligations
Benefit obligations at beginning of year
$
83 
$
85 
Interest cost
5 
4 
Benefits paid
(5)
(4)
Actuarial gain
(2)
(7)
Foreign exchange movement
— 
5 
Benefit obligations at end of year$81 $83 
Changes in fair value of plan assets
Fair value of plan assets at beginning of year
$
82 
$84 
Interest income
5 
4 
Loss on plan assets
(2)
(7)
Benefits paid
(5)
(4)
Foreign exchange movement
1 
5 
Fair value of plan assets at end of year$81 $82 
Funded status$— $(1)
April 30,
(In millions)20262025
Amounts recognized in balance sheet
Other long-term liabilities
$
— 
$
(1)
Net amount recognized$— $(1)
Schedule of Weighted-Average Assumptions
Weighted-average assumptions used to determine projected benefit obligationsYear Ended April 30,
202620252024
Discount rate
6.2 
%
5.6 
%
5.2 
%
Inflation assumption
RPI
3.2 
%
2.9 
%
3.2 
%
CPI
2.7 
%
2.3 
%
2.7 
%
Rate of pension increase in payment
3.0 
%
2.8 
%
3.0 
%
Expected return on plan assets
6.2 
%
5.6 
%
5.2 
%
Schedule of Net Periodic Pension Cost
The following table sets forth the net periodic pension cost (benefit):
(In millions)Year Ended April 30,
202620252024
Components of net periodic pension cost (benefit)
Interest cost
$
5 
$
4 
$
4 
Expected return on plan assets
(5)
(4)
(4)
Net amortization of actuarial net loss
— 
— 
22 
Net periodic pension cost$— $— $22 
Schedule of Plan Assets Fair Value Hierarchy
The plan’s assets are invested in the following asset classes along with their fair value hierarchy:
(In millions)Year Ended April 30,
20262025
Asset category
Insurance policies
Level 2
81 
82 
Total$81 $82 
Schedule of Future Benefit Payment
The following table presents estimated future benefit payments (in millions):
Year-ending April 30,
2027
$5 
2028
5 
2029
6 
2030
6 
2031
6 
Thereafter
32 
Total$60