v3.26.1
Stockholders' Equity
 3 Months Ended
Jul. 31, 2026
Equity, Attributable to Parent [Abstract]  
Stockholders' Equity Stockholders’ Equity
The following table shows the changes in stockholders’ equity during the three months ended July 31, 2025:
(Dollars in millions)Class A Common StockClass B Common StockAdditional Paid-in CapitalRetained EarningsAOCITreasury StockTotal
Balance at April 30, 2025$25 $47 $36 $4,710 $(220)$(605)$3,993 
Net income170 170 
Net other comprehensive income (loss)36 36 
Declaration of cash dividends (214)(214)
Stock-based compensation expense4 4 
Stock issued under compensation plans5 5 
Loss on issuance of treasury stock issued under compensation plans(6)(6)
Balance at July 31, 2025
$25 $47 $34 $4,666 $(184)$(600)$3,988 

The following table shows the changes in stockholders’ equity during the three months ended July 31, 2026:
(Dollars in millions)Class A Common StockClass B Common StockAdditional Paid-in CapitalRetained EarningsAOCITreasury StockTotal
Balance at April 30, 2026
$25 $47 $62 $4,998 $(108)$(1,004)$4,020 
Net income176 176 
Net other comprehensive income (loss)(16)(16)
Declaration of cash dividends(212)(212)
Stock-based compensation expense4 4 
Stock issued under compensation plans6 6 
Loss on issuance of treasury stock issued under compensation plans(9)(9)
Balance at July 31, 2026
$25 $47 $57 $4,962 $(124)$(998)$3,969 

The following table shows the change in each component of AOCI, net of tax, during the three months ended July 31, 2026:
(Dollars in millions)Currency Translation AdjustmentsCash Flow Hedge AdjustmentsPostretirement Benefits AdjustmentsTotal AOCI
Balance at April 30, 2026
$(1)$(5)$(102)$(108)
Net other comprehensive income (loss)(23)6 1 (16)
Balance at July 31, 2026
$(24)$1 $(101)$(124)
The following table shows the cash dividends declared per share on our Class A and Class B common stock during the three months ended July 31, 2026:
Declaration DateRecord DatePayable DateAmount per Share
May 28, 2026June 10, 2026July 1, 2026$0.2310
July 23, 2026September 3, 2026October 1, 2026$0.2310