v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 31, 2026
Apr. 30, 2026
Assets    
Cash and cash equivalents $ 301 $ 308
Accounts receivable, less allowance for doubtful accounts of $6 at April 30 and $8 at July 31 822 832
Inventories:    
Barreled whiskey 1,539 1,562
Finished goods 516 482
Work in process 424 414
Raw materials and supplies 95 85
Total inventories 2,574 2,543
Other current assets 261 308
Total current assets 3,958 3,991
Property, plant, and equipment, net 1,100 1,116
Goodwill 1,513 1,522
Other intangible assets 936 943
Deferred tax assets 35 35
Other assets 283 287
Total assets 7,825 7,894
Liabilities    
Accounts payable and accrued expenses 700 795
Dividends payable 106 0
Accrued income taxes 49 18
Short-term borrowings 358 68
Current portion of long-term debt 0 351
Total current liabilities 1,213 1,232
Long-term debt 2,083 2,083
Deferred tax liabilities 200 207
Accrued pension and other postretirement benefits 171 172
Other liabilities 189 180
Total liabilities 3,856 3,874
Commitments and contingencies
Stockholders' Equity    
Additional paid-in capital 57 62
Retained earnings 4,962 4,998
Accumulated other comprehensive income (loss), net of tax (124) (108)
Treasury stock, at cost (25,828,000 and 25,668,000 shares at April 30 and July 31, respectively) (998) (1,004)
Total stockholders' equity 3,969 4,020
Total liabilities and stockholders' equity 7,825 7,894
Common stock, Class A, voting [Member]    
Stockholders' Equity    
Common stock 25 25
Common stock, Class B, nonvoting [Member]    
Stockholders' Equity    
Common stock $ 47 $ 47