Brown-Forman (BF-B) 10-Q5 Dec 242025 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Oct. 31, 2024	Nov. 30, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Oct. 31, 2024
Document Transition Report	false
Entity File Number	001-00123
Entity Registrant Name	Brown-Forman Corporation
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	61-0143150
Entity Address, Address Line One	850 Dixie Highway
Entity Address, City or Town	Louisville,
Entity Address, State or Province	KY
Entity Address, Postal Zip Code	40210
City Area Code	502
Local Phone Number	585-1100
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0000014693
Amendment Flag	false
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--04-30
Common stock, Class A, voting [Member]
Document Information [Line Items]
Title of 12(b) Security	Class A Common Stock (voting), $0.15 par value
Trading Symbol	BFA
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		169,123,305
Common stock, Class B, nonvoting [Member]
Document Information [Line Items]
Title of 12(b) Security	Class B Common Stock (nonvoting), $0.15 par value
Trading Symbol	BFB
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		303,537,999
1.20% notes, due July 7, 2026 [Member]
Document Information [Line Items]
Title of 12(b) Security	1.200% Notes due 2026
Trading Symbol	BF26
Security Exchange Name	NYSE
2.60% notes, due July 7, 2028 [Member]
Document Information [Line Items]
Title of 12(b) Security	2.600% Notes due 2028
Trading Symbol	BF28
Security Exchange Name	NYSE

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Income Statement [Abstract]
Sales	$ 1,376	$ 1,405	$ 2,587	$ 2,731
Excise taxes	281	298	541	586
Net sales	1,095	1,107	2,046	2,145
Cost of sales	449	436	835	823
Gross profit	646	671	1,211	1,322
Advertising expenses	126	140	252	271
Selling, general, and administrative expenses	187	192	375	392
Other expense (income), net	(8)	0	(38)	(7)
Operating income	341	339	622	666
Non-operating postretirement expense	1	0	1	1
Interest income	(3)	(2)	(7)	(4)
Interest expense	32	31	64	60
Equity method investment income	(2)	0	(2)	0
Income before income taxes	313	310	566	609
Income taxes	55	68	113	136
Net income	$ 258	$ 242	$ 453	$ 473
Earnings per share:
Basic (dollars per share)	$ 0.55	$ 0.50	$ 0.96	$ 0.99
Diluted (dollars per share)	$ 0.55	$ 0.50	$ 0.96	$ 0.98

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 258	$ 242	$ 453	$ 473
Other comprehensive income (loss), net of tax:
Currency translation adjustments	(26)	(104)	(68)	(65)
Cash flow hedge adjustments	(1)	12	(3)	7
Postretirement benefits adjustments	0	1	1	3
Net other comprehensive income (loss)	(27)	(91)	(70)	(55)
Comprehensive income	$ 231	$ 151	$ 383	$ 418

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Oct. 31, 2024	Apr. 30, 2024
Assets
Cash and cash equivalents	$ 416	$ 446
Accounts receivable, less allowance for doubtful accounts of $8 at April 30 and $9 at October 31	954	769
Inventories:
Barreled whiskey	1,563	1,490
Finished goods	438	452
Work in process	376	396
Raw materials and supplies	188	218
Total inventories	2,565	2,556
Other current assets	261	265
Total current assets	4,196	4,036
Property, plant, and equipment, net	1,060	1,074
Goodwill	1,468	1,455
Other intangible assets	1,000	990
Equity method investments	272	270
Deferred tax assets	60	69
Other assets	276	272
Total assets	8,332	8,166
Liabilities
Accounts payable and accrued expenses	695	793
Accrued income taxes	46	38
Short-term borrowings	512	428
Current portion of long-term debt	300	300
Total current liabilities	1,553	1,559
Long-term debt	2,391	2,372
Deferred tax liabilities	290	315
Accrued pension and other postretirement benefits	159	160
Other liabilities	234	243
Total liabilities	4,627	4,649
Commitments and contingencies
Stockholders' Equity
Additional paid-in capital	21	13
Retained earnings	4,508	4,261
Accumulated other comprehensive income (loss), net of tax	(291)	(221)
Treasury stock, at cost (11,932,000 and 11,871,000 shares at April 30 and October 31, respectively)	(605)	(608)
Total stockholders' equity	3,705	3,517
Total liabilities and stockholders' equity	8,332	8,166
Common stock, Class A, voting [Member]
Stockholders' Equity
Common stock	25	25
Common stock, Class B, nonvoting [Member]
Stockholders' Equity
Common stock	$ 47	$ 47

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Oct. 31, 2024	Apr. 30, 2024
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 9	$ 8
Treasury Stock, Common, Shares	11,871,000	11,932,000
Common Class A [Member]
Class of Stock [Line Items]
Common stock, par value (dollars per share)	$ 0.15	$ 0.15
Common stock, shares authorized	170,000,000	170,000,000
Common stock, shares issued	170,000,000	170,000,000
Nonvoting Common Stock [Member]
Class of Stock [Line Items]
Common stock, par value (dollars per share)	$ 0.15	$ 0.15
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	314,532,000	314,532,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023
Cash flows from operating activities:
Net income	$ 453	$ 473
Adjustments to reconcile net income to net cash provided by operations:
Depreciation and amortization	44	41
Stock-based compensation expense	13	11
Deferred income tax benefit	(12)	(15)
Change in fair value of contingent consideration	5	(2)
Equity method investment income	(2)	0
Other, net	(10)	0
Changes in assets and liabilities:
Accounts receivable	(194)	(103)
Inventories	(76)	(337)
Other current assets	(2)	46
Accounts payable and accrued expenses	(70)	(31)
Accrued income taxes	6	16
Other operating assets and liabilities	(26)	(2)
Cash provided by operating activities	129	97
Cash flows from investing activities:
Additions to property, plant, and equipment	(72)	(79)
Proceeds from sale of assets	51	13
Other, net	0	5
Cash used for investing activities	(21)	(61)
Cash flows from financing activities:
Net change in short-term borrowings	83	220
Payments of withholding taxes related to stock-based awards	(2)	(4)
Acquisition of treasury stock	0	(42)
Dividends paid	(206)	(197)
Other, net	(4)	0
Cash used for financing activities	(129)	(23)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(9)	(7)
Net increase (decrease) in cash, cash equivalents, and restricted cash	(30)	6
Cash, cash equivalents, and restricted cash at beginning of period	456	384
Cash, cash equivalents, and restricted cash at end of period	426	390
Less: Restricted cash (included in other current assets) at end of period	(10)	(10)
Less: Cash included in assets held for sale at end of period	0	(7)
Cash and cash equivalents at end of period	416	373
Supplemental information:
Non-cash additions to property, plant and equipment	8	15
Right-of-use assets obtained in exchange for new lease obligations	$ 20	$ 24

Condensed Consolidated Financia

Condensed Consolidated Financial Statements	6 Months Ended
Condensed Consolidated Financial Statements	Oct. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Consolidated Financial Statements	Condensed Consolidated Financial Statements We prepared the accompanying unaudited condensed consolidated financial statements pursuant to the rules and regulations of the U.S. Securities and Exchange Commission for interim financial information. In accordance with those rules and regulations, we condensed or omitted certain information and disclosures normally included in annual financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP). In our opinion, the accompanying financial statements include all adjustments, consisting only of normal recurring adjustments (unless otherwise indicated), necessary for a fair statement of our financial results for the periods presented in these financial statements. The results for interim periods are not necessarily indicative of future or annual results. We suggest that you read these condensed financial statements together with the financial statements and footnotes included in our Annual Report on Form 10-K for the fiscal year ended April 30, 2024 (2024 Form 10-K). We prepared the accompanying financial statements on a basis that is substantially consistent with the accounting principles applied in our 2024 Form 10-K. Accounting standards not yet adopted. In November 2023, the Financial Accounting Standards Board (FASB) issued an updated accounting standard requiring additional disclosures about significant segment expenses and other segment items. The update also requires interim disclosure of segment information that is currently required only on an annual basis. We are required to adopt the updated standard for annual disclosures beginning in fiscal 2025, and for interim disclosures in fiscal 2026, with earlier adoption permitted. The update is to be applied retroactively. In December 2023, the FASB issued an updated accounting standard requiring additional annual disclosures about income taxes, primarily related to the rate reconciliation and information about income taxes paid. We are required to adopt the new guidance beginning in fiscal 2026, with earlier adoption permitted. The update can be applied either prospectively or retrospectively. In November 2024, the FASB issued an updated accounting standard requiring disaggregation, in the notes to the financial statements, of expense line items in the income statement that include certain categories of expenses. We are required to adopt the updated standard for annual disclosures beginning in fiscal 2028, and for interim disclosures in fiscal 2029, with earlier adoption permitted. The update can be applied either prospectively or retrospectively. We are currently evaluating the impact that adopting these accounting standards updates will have on our disclosures.

Earnings Per Share

Earnings Per Share	6 Months Ended
Earnings Per Share	Oct. 31, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share We calculate basic earnings per share by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share further includes the dilutive effect of stock-based compensation awards. We calculate that dilutive effect using the “treasury stock method” (as defined by GAAP). The following table presents information concerning basic and diluted earnings per share: Three Months Ended Six Months Ended October 31, October 31, (Dollars in millions, except per share amounts) 2023 2024 2023 2024 Net income available to common stockholders $ 242 $ 258 $ 473 $ 453 Share data (in thousands): Basic average common shares outstanding 479,200 472,660 479,262 472,647 Dilutive effect of stock-based awards 915 397 972 350 Diluted average common shares outstanding 480,115 473,057 480,234 472,997 Basic earnings per share $ 0.50 $ 0.55 $ 0.99 $ 0.96 Diluted earnings per share $ 0.50 $ 0.55 $ 0.98 $ 0.96 We excluded common stock-based awards for approximately 1,688,000 shares and 3,018,000 shares from the calculation of diluted earnings per share for the three months ended October 31, 2023 and 2024, respectively. We excluded common stock-based awards for approximately 1,486,000 shares and 2,800,000 shares from the calculation of diluted earnings per share for the six months ended October 31, 2023 and 2024, respectively. We excluded those awards because they were not dilutive for those periods under the treasury stock method.

Inventories

Inventories	6 Months Ended
Inventories	Oct. 31, 2024
Inventory Disclosure [Abstract]
Inventories	Inventories We value some of our consolidated inventories, including most of our U.S. inventories, at the lower of cost, using the last-in, first-out (LIFO) method or market value. If the LIFO method had not been used, inventories at current cost would have been $512 million higher than reported as of April 30, 2024, and $552 million higher than reported as of October 31, 2024. Changes in the LIFO valuation reserve for interim periods are based on an allocation of the projected change for the entire fiscal year, recognized proportionately over the remainder of the fiscal year.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
Goodwill and Other Intangible Assets	Oct. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets The following table shows the changes in goodwill (which includes no accumulated impairment losses) and other intangible assets during the six months ended October 31, 2024: (Dollars in millions) Goodwill Other Intangible Assets Balance at April 30, 2024 $ 1,455 $ 990 Foreign currency translation adjustment 13 10 Balance at October 31, 2024 $ 1,468 $ 1,000 Our other intangible assets consist of trademarks and brand names, all with indefinite useful lives.

Equity Method Investments

Equity Method Investments	6 Months Ended
Equity Method Investments	Oct. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	Equity Method Investments Our equity method investments include a 21.4% ownership of the common stock of The Duckhorn Portfolio, Inc. (“Duckhorn”), which we obtained as partial consideration for our sale of the Sonoma-Cutrer wine business to Duckhorn on April 30, 2024. Our other equity method investments are immaterial. The carrying amount of our investment in Duckhorn was $267 million as of April 30, 2024, reflecting the fair value of the common stock, based on its quoted market price at the April 30, 2024 closing date of the transaction. The carrying amount as of October 31, 2024, was $269 million, which includes the initial carrying amount of $267 million and $2 million subsequently recognized for our share of Duckhorn’s earnings. The difference between the carrying amount of the investment and our proportionate share of the net assets of Duckhorn was not material as of both April 30, 2024, and October 31, 2024. As of October 31, 2024, the fair value of the investment was $346 million. In connection with our sale of the Sonoma-Cutrer wine business to Duckhorn, we agreed to a lock-up provision under which we are restricted from selling or otherwise disposing of our equity investment in Duckhorn. The restriction period will terminate no later than October 31, 2025. Also, effective April 30, 2024, we entered into a transition services agreement (TSA) with Duckhorn related to the sale of the Sonoma-Cutrer wine business. Our cost of sales for the three months and six months ended October 31, 2024, included $2 million and $24 million, respectively, for Sonoma-Cuter products purchased from Duckhorn under the TSA. Fees earned for transition services provided to Duckhorn under the TSA were immaterial. Services related to the TSA ended on or about August 31, 2024. On October 6, 2024, Duckhorn entered into a definitive agreement pursuant to which Duckhorn will be acquired by private equity funds. Under the terms of the agreement, upon completion of the proposed transaction, we would receive cash of $350 million in exchange for our 21.4% ownership interest in Duckhorn. The completion of the transaction, which is expected to occur by April 30, 2025, is subject to customary closing conditions, including approval by Duckhorn’s stockholders.

Contingencies

Contingencies	6 Months Ended
Contingencies	Oct. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies We operate in a litigious environment, and we are sued in the normal course of business. Sometimes plaintiffs seek substantial damages. Significant judgment is required in predicting the outcome of these suits and claims, many of which take years to adjudicate. We accrue estimated costs for a contingency when we believe that a loss is probable and we can make a reasonable estimate of the loss, and then adjust the accrual as appropriate to reflect changes in facts and circumstances. We do not believe it is reasonably possible that these existing loss contingencies, individually or in the aggregate, would have a material adverse effect on our financial position, results of operations, or liquidity. No material accrued loss contingencies were recorded as of October 31, 2024.

Debt

Debt	6 Months Ended
Debt	Oct. 31, 2024
Debt Disclosure [Abstract]
Debt	Debt Our long-term debt (net of unamortized discount and issuance costs) consisted of: (Principal and carrying amounts in millions) April 30, 2024 October 31, 3.50% senior notes, $300 principal amount, due April 15, 2025 $ 300 $ 300 1.20% senior notes, €300 principal amount, due July 7, 2026 321 325 2.60% senior notes, £300 principal amount, due July 7, 2028 375 388 4.75% senior notes, $650 principal amount, due April 15, 2033 643 644 4.00% senior notes, $300 principal amount, due April 15, 2038 295 296 3.75% senior notes, $250 principal amount, due January 15, 2043 248 248 4.50% senior notes, $500 principal amount, due July 15, 2045 490 490 2,672 2,691 Less current portion 300 300 $ 2,372 $ 2,391 Our short-term borrowings consisted of borrowings under our commercial paper program, as follows: (Dollars in millions) April 30, 2024 October 31, Commercial paper (par amount) $429 $514 Average interest rate 5.49% 4.93% Average remaining days to maturity 12 24

Stockholders' Equity

Stockholders' Equity	6 Months Ended
Stockholders' Equity	Oct. 31, 2024
Equity, Attributable to Parent [Abstract]
Stockholders' Equity	Stockholders’ Equity The following table shows the changes in stockholders’ equity by quarter during the six months ended October 31, 2023: (Dollars in millions) Class A Common Stock Class B Common Stock Additional Paid-in Capital Retained Earnings AOCI Treasury Stock Total Balance at April 30, 2023 $ 25 $ 47 $ 1 $ 3,643 $ (235) $ (213) $ 3,268 Net income 231 231 Net other comprehensive income (loss) 36 36 Declaration of cash dividends (197) (197) Stock-based compensation expense 4 4 Stock issued under compensation plans 3 3 Loss on issuance of treasury stock issued under compensation plans (4) (3) (7) Balance at July 31, 2023 25 47 1 3,674 (199) (210) 3,338 Net income 242 242 Net other comprehensive income (loss) (91) (91) Acquisition of treasury stock (42) (42) Stock-based compensation expense 7 7 Balance at October 31, 2023 $ 25 $ 47 $ 8 $ 3,916 $ (290) $ (252) $ 3,454 The following table shows the changes in stockholders’ equity by quarter during the six months ended October 31, 2024: (Dollars in millions) Class A Common Stock Class B Common Stock Additional Paid-in Capital Retained Earnings AOCI Treasury Stock Total Balance at April 30, 2024 $ 25 $ 47 $ 13 $ 4,261 $ (221) $ (608) $ 3,517 Net income 195 195 Net other comprehensive income (loss) (43) (43) Declaration of cash dividends (206) (206) Stock-based compensation expense 4 4 Stock issued under compensation plans 3 3 Loss on issuance of treasury stock issued under compensation plans (5) (5) Balance at July 31, 2024 25 47 12 4,250 (264) (605) 3,465 Net income 258 258 Net other comprehensive income (loss) (27) (27) Stock-based compensation expense 9 9 Balance at October 31, 2024 $ 25 $ 47 $ 21 $ 4,508 $ (291) $ (605) $ 3,705 The following table shows the change in each component of accumulated other comprehensive income (AOCI), net of tax, during the six months ended October 31, 2024: (Dollars in millions) Currency Translation Adjustments Cash Flow Hedge Adjustments Postretirement Benefits Adjustments Total AOCI Balance at April 30, 2024 $ (111) $ 10 $ (120) $ (221) Net other comprehensive income (loss) (68) (3) 1 (70) Balance at October 31, 2024 $ (179) $ 7 $ (119) $ (291) The following table shows the cash dividends declared per share on our Class A and Class B common stock during the six months ended October 31, 2024: Declaration Date Record Date Payable Date Amount per Share May 23, 2024 June 7, 2024 July 1, 2024 $0.2178 July 25, 2024 September 3, 2024 October 1, 2024 $0.2178 On November 21, 2024, our Board of Directors increased the quarterly cash dividend on our Class A and Class B common stock from $0.2178 to $0.2265 per share. The quarterly cash dividend is payable on January 2, 2025, to stockholders of record on December 6, 2024.

Net Sales

Net Sales	6 Months Ended
Net Sales	Oct. 31, 2024
Net Sales [Abstract]
Net Sales	Net Sales The following table shows our net sales by geography: Three Months Ended Six Months Ended October 31, October 31, (Dollars in millions) 2023 2024 2023 2024 United States $ 531 $ 489 $ 973 $ 908 Developed International 1 291 289 600 569 Emerging 2 221 242 442 427 Travel Retail 3 44 45 90 86 Non-branded and bulk 4 20 30 40 56 Total $ 1,107 $ 1,095 $ 2,145 $ 2,046 1 Represents net sales of branded products to “advanced economies” as defined by the International Monetary Fund (IMF), excluding the United States. Our top developed international markets are Germany, Australia, the United Kingdom, France, Canada, and Spain. 2 Represents net sales of branded products to “emerging and developing economies” as defined by the IMF. Our top emerging markets are Mexico, Poland, and Brazil. 3 Represents net sales of branded products to global duty-free customers, other travel retail customers, and the U.S. military, regardless of customer location. 4 Includes net sales of used barrels, contract bottling services, and non-branded bulk whiskey, regardless of customer location. The following table shows our net sales by product category: Three Months Ended Six Months Ended October 31, October 31, (Dollars in millions) 2023 2024 2023 2024 Whiskey 1 $ 739 $ 769 $ 1,436 $ 1,428 Ready-to-Drink 2 132 133 270 254 Tequila 3 81 72 162 134 Non-branded and bulk 4 20 30 40 56 Rest of portfolio 5 135 91 237 174 Total $ 1,107 $ 1,095 $ 2,145 $ 2,046 1 Includes all whiskey spirits and whiskey-based flavored liqueurs. The brands included in this category are the Jack Daniel's family of brands (excluding the “ready-to-drink” products outlined below), the Woodford Reserve family of brands, the Old Forester family of brands, The GlenDronach, Benriach, Glenglassaugh, Slane Irish Whiskey, and Coopers’ Craft. 2 Includes the Jack Daniel’s ready-to-drink (RTD) and ready-to-pour (RTP) products, New Mix, and other RTD/RTP products. 3 Includes el Jimador, the Herradura family of brands, and other tequilas. 4 Includes net sales of used barrels, contract bottling services, and non-branded bulk whiskey. 5 Includes Sonoma-Cutrer (which was divested on April 30, 2024), Korbel California Champagnes, Diplomático, Gin Mare, Chambord, Finlandia Vodka (which was divested on November 1, 2023), Fords Gin, and Korbel Brandy.

Pension and Other Postretiremen

Pension and Other Postretirement Benefits	6 Months Ended
Pension and Other Postretirement Benefits	Oct. 31, 2024
Retirement Benefits [Abstract]
Pension and Other Postretirement Benefits	Pension Costs The following table shows the components of the net cost recognized for our U.S. pension plans. Similar information for other defined benefit plans is not presented due to immateriality. Three Months Ended Six Months Ended October 31, October 31, (Dollars in millions) 2023 2024 2023 2024 Service cost $ 5 $ 4 $ 9 $ 8 Interest cost 8 9 17 18 Expected return on plan assets (10) (10) (19) (19) Amortization of net actuarial loss 2 1 3 1 Net cost $ 5 $ 4 $ 10 $ 8

Income Taxes

Income Taxes	6 Months Ended
Income Taxes	Oct. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Our consolidated interim effective tax rate is based on our expected annual operating income, statutory tax rates, and income tax laws in the various jurisdictions where we operate. Significant or unusual items, including adjustments to accruals for tax uncertainties, are recognized in the fiscal quarter in which the related event or a change in judgment occurs. The effective tax rate on ordinary income for the full fiscal year is expected to be 21.8%, which is higher than the U.S. federal statutory rate of 21.0%, due to the impact of state taxes and the tax effects of foreign operations, partially offset by the beneficial impact of the foreign-derived intangible income deduction. The effective tax rate of 20.1% for the six months ended October 31, 2024, was lower than the expected tax rate of 21.8% on ordinary income for the full fiscal year ending April 30, 2025, primarily due to the beneficial impact of state income tax refunds related to amended prior year returns, partially offset by the impact of increased valuation allowances in the current period. The effective tax rate of 20.1% for the six months ended October 31, 2024, was lower than the effective tax rate of 22.4% for the same period last year, primarily due to the beneficial impact of state income tax refunds related to amended prior year returns and the absence of an unfavorable tax rate change in the prior fiscal year, partially offset by the impact of increased valuation allowances in the current period. The OECD (Organization for Economic Co-operation and Development) 15% global minimum tax under the Pillar Two Model Rules, which is now effective in countries with enacted legislation, did not materially impact our financial results in the six months ended October 31, 2024. We will continue to evaluate the impact in future periods as previously-enacting countries issue related guidance and additional countries consider adoption of the global minimum tax rules.

Derivative Financial Instrument

Derivative Financial Instruments and Hedging Activities	6 Months Ended
Derivative Financial Instruments and Hedging Activities	Oct. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments and Hedging Activities	Derivative Financial Instruments and Hedging Activities We are subject to market risks, including the effect of fluctuations in foreign currency exchange rates, commodity prices, and interest rates. We use derivatives to help manage financial exposures that occur in the normal course of business. We formally document the purpose of each derivative contract, which includes linking the contract to the financial exposure it is designed to mitigate. We do not hold or issue derivatives for trading or speculative purposes. We use currency derivative contracts to limit our exposure to the foreign currency exchange rate risk that we cannot mitigate internally by using netting strategies. We designate most of these contracts as cash flow hedges of forecasted transactions (expected to occur within two years). We record all changes in the fair value of cash flow hedges in AOCI until the underlying hedged transaction occurs, at which time we reclassify that amount to earnings. Some of our currency derivatives are not designated as hedges because we use them to partially offset the immediate earnings impact of changes in foreign currency exchange rates on existing assets or liabilities. We immediately recognize the change in fair value of these contracts in earnings. We had outstanding currency derivatives, related primarily to our euro, British pound, and Australian dollar exposures, with notional amounts for all hedged currencies totaling $566 million at April 30, 2024, and $515 million at October 31, 2024. The maximum term of outstanding derivative contracts was 24 months at both April 30, 2024 and October 31, 2024. We also use foreign currency-denominated debt instruments to help manage our foreign currency exchange rate risk. We designate a portion of those debt instruments as net investment hedges, which are intended to mitigate foreign currency exposure related to non-U.S. dollar net investments in certain foreign subsidiaries. Any change in value of the designated portion of the hedging instruments is recorded in AOCI, offsetting the foreign currency translation adjustment of the related net investments that is also recorded in AOCI. The amount of foreign currency-denominated debt instruments designated as net investment hedges was $497 million at April 30, 2024, and $512 million at October 31, 2024. At inception, we expect each financial instrument designated as a hedge to be highly effective in offsetting the financial exposure it is designed to mitigate. We assess the effectiveness of our hedges continually. If we determine that any financial instruments designated as hedges are no longer highly effective, we discontinue hedge accounting for those instruments. We use forward purchase contracts with suppliers to protect against corn price volatility. We expect to take physical delivery of the corn underlying each contract and use it for production over a reasonable period of time. Accordingly, we account for these contracts as normal purchases rather than as derivative instruments. The following table presents the pre-tax impact that changes in the fair value of our derivative instruments and non-derivative hedging instruments had on AOCI and earnings: Three Months Ended October 31, (Dollars in millions) Classification 2023 2024 Derivative Instruments Currency derivatives designated as cash flow hedges: Net gain (loss) recognized in AOCI n/a $ 21 $ (2) Net gain (loss) reclassified from AOCI into earnings Sales 5 (1) Currency derivatives not designated as hedging instruments: Net gain (loss) recognized in earnings Sales $ 4 $ 1 Net gain (loss) recognized in earnings Other income (expense), net (1) (2) Non-Derivative Hedging Instruments Foreign currency-denominated debt designated as net investment hedge: Net gain (loss) recognized in AOCI n/a $ 26 $ (6) Total amounts presented in the accompanying condensed consolidated statements of operations for line items affected by the net gains (losses) shown above: Sales $ 1,405 $ 1,376 Other income (expense), net — 8 Six Months Ended October 31, (Dollars in millions) Classification 2023 2024 Derivative Instruments Currency derivatives designated as cash flow hedges: Net gain (loss) recognized in AOCI n/a $ 17 $ (1) Net gain (loss) reclassified from AOCI into earnings Sales 8 3 Currency derivatives not designated as hedging instruments: Net gain (loss) recognized in earnings Sales $ 2 $ — Net gain (loss) recognized in earnings Other income (expense), net 6 (6) Non-Derivative Hedging Instruments Foreign currency-denominated debt designated as net investment hedge: Net gain (loss) recognized in AOCI n/a $ 17 $ (15) Total amounts presented in the accompanying condensed consolidated statements of operations for line items affected by the net gains (losses) shown above: Sales $ 2,731 $ 2,587 Other income (expense), net 7 38 We expect to reclassify $4 million of deferred net gains on cash flow hedges recorded in AOCI as of October 31, 2024 to earnings during the next 12 months. This reclassification would offset the anticipated earnings impact of the underlying hedged exposures. The actual amounts that we ultimately reclassify to earnings will depend on the exchange rates in effect when the underlying hedged transactions occur. The following table presents the fair values of our derivative instruments: April 30, 2024 October 31, 2024 (Dollars in millions) Classification Derivative Assets Derivative Liabilities Derivative Assets Derivative Liabilities Designated as cash flow hedges: Currency derivatives Other current assets $ 11 $ (2) $ 8 $ (3) Currency derivatives Other assets 1 (1) 1 — Not designated as hedges: Currency derivatives Accrued expenses — (1) — (1) The fair values reflected in the above table are presented on a gross basis. However, as discussed further below, the fair values of those instruments subject to net settlement agreements are presented on a net basis in our balance sheets. In our statements of cash flows, we classify cash flows related to cash flow hedges in the same category as the cash flows from the hedged items. Credit risk. We are exposed to credit-related losses if the counterparties to our derivative contracts default. This credit risk is limited to the fair value of the contracts. To manage this risk, we contract only with major financial institutions that have investment-grade credit ratings and with whom we have standard International Swaps and Derivatives Association (ISDA) agreements that allow for net settlement of the derivative contracts. Also, we have established counterparty credit guidelines that we monitor regularly, and we monetize contracts when we believe it is warranted. Because of these safeguards, we believe we have no derivative positions that warrant credit valuation adjustments. Our derivative instruments require us to maintain a specific level of creditworthiness, which we have maintained. If our creditworthiness were to fall below that level, then the counterparties to our derivative instruments could request immediate payment or collateralization for derivative instruments in net liability positions. The aggregate fair value of our derivatives with creditworthiness requirements that were in a net liability position was $1 million at April 30, 2024, and $1 million at October 31, 2024. Offsetting. As noted above, our derivative contracts are governed by ISDA agreements that allow for net settlement of derivative contracts with the same counterparty. It is our policy to present the fair values of current derivatives (that is, those with a remaining term of 12 months or less) with the same counterparty on a net basis in our balance sheets. Similarly, we present the fair values of noncurrent derivatives with the same counterparty on a net basis. We do not net current derivatives with noncurrent derivatives in our balance sheets. The following table summarizes the gross and net amounts of our derivative contracts: (Dollars in millions) Gross Amounts of Recognized Assets (Liabilities) Gross Amounts Offset in Balance Sheet Net Amounts Presented in Balance Sheet Gross Amounts Not Offset in Balance Sheet Net Amounts April 30, 2024 Derivative assets $ 12 $ (3) $ 9 $ — $ 9 Derivative liabilities (4) 3 (1) — (1) October 31, 2024 Derivative assets 9 (3) 6 — 6 Derivative liabilities (4) 3 (1) — (1) No cash collateral was received or pledged related to our derivative contracts as of April 30, 2024, or October 31, 2024.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
Fair Value Measurements	Oct. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following table summarizes the assets and liabilities measured or disclosed at fair value on a recurring basis: April 30, 2024 October 31, 2024 Carrying Fair Carrying Fair (Dollars in millions) Amount Value Amount Value Assets Cash and cash equivalents $ 446 $ 446 $ 416 $ 416 Currency derivatives, net 9 9 6 6 Liabilities Currency derivatives, net 1 1 1 1 Contingent consideration 69 69 75 75 Short-term borrowings 428 428 512 512 Long-term debt (including current portion) 2,672 2,468 2,691 2,547 Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. We categorize the fair values of assets and liabilities into three levels based on the assumptions (inputs) used to determine those values. Level 1 provides the most reliable measure of fair value, while Level 3 generally requires significant management judgment. The three levels are: • Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities. • Level 2 – Observable inputs other than those included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in inactive markets; or other inputs that are observable or can be derived from or corroborated by observable market data. • Level 3 – Unobservable inputs supported by little or no market activity. We determine the fair values of our currency derivatives (forward contracts) using standard valuation models. The significant inputs used in these models, which are readily available in public markets or can be derived from observable market transactions, include the applicable spot exchange rates, forward exchange rates, and interest rates. These fair value measurements are categorized as Level 2 within the valuation hierarchy. We determine the fair value of long-term debt primarily based on the prices at which identical or similar debt has recently traded in the market and also considering the overall market conditions on the date of valuation. These fair value measurements are categorized as Level 2 within the valuation hierarchy. The fair values of cash, cash equivalents, and short-term borrowings approximate the carrying amounts due to the short maturities of these instruments. We determine the fair value of our contingent consideration liability using a Monte Carlo simulation model, which requires the use of Level 3 inputs, such as projected future net sales, discount rates, and volatility rates. Changes in any of these Level 3 inputs could result in material changes to the fair value of the contingent consideration and could materially impact the amount of noncash expense (or income) recorded each reporting period. The following table shows the changes in our contingent consideration liability during the six months ended October 31, 2024: (Dollars in millions) Balance at April 30, 2024 $ 69 Change in fair value 1 5 Foreign currency translation adjustment 1 Balance at October 31, 2024 $ 75 1 Classified as “other expense (income), net” in the accompanying condensed consolidated statement of operations. We measure some assets and liabilities at fair value on a nonrecurring basis. That is, we do not measure them at fair value on an ongoing basis, but we do adjust them to fair value in some circumstances (for example, when we determine that an asset is impaired). No material nonrecurring fair value measurements were required during the periods presented in these financial statements.

Other Comprehensive Income

Other Comprehensive Income	6 Months Ended
Other Comprehensive Income	Oct. 31, 2024
Statement of Comprehensive Income [Abstract]
Other Comprehensive Income	Other Comprehensive Income The following table shows the components of net other comprehensive income (loss): Three Months Ended Three Months Ended October 31, 2023 October 31, 2024 (Dollars in millions) Pre-Tax Tax Net Pre-Tax Tax Net Currency translation adjustments: Net gain (loss) on currency translation $ (98) $ (6) $ (104) $ (27) $ 1 $ (26) Reclassification to earnings — — — — — — Other comprehensive income (loss), net (98) (6) (104) (27) 1 (26) Cash flow hedge adjustments: Net gain (loss) on hedging instruments 21 (5) 16 (2) — (2) Reclassification to earnings 1 (5) 1 (4) 1 — 1 Other comprehensive income (loss), net 16 (4) 12 (1) — (1) Postretirement benefits adjustments: Net actuarial gain (loss) and prior service cost — — — — — — Reclassification to earnings 2 2 (1) 1 — — — Other comprehensive income (loss), net 2 (1) 1 — — — Total other comprehensive income (loss), net $ (80) $ (11) $ (91) $ (28) $ 1 $ (27) Six Months Ended Six Months Ended October 31, 2023 October 31, 2024 (Dollars in millions) Pre-Tax Tax Net Pre-Tax Tax Net Currency translation adjustments: Net gain (loss) on currency translation $ (61) $ (4) $ (65) $ (71) $ 3 $ (68) Reclassification to earnings — — — — — — Other comprehensive income (loss), net (61) (4) (65) (71) 3 (68) Cash flow hedge adjustments: Net gain (loss) on hedging instruments 17 (4) 13 (1) — (1) Reclassification to earnings 1 (8) 2 (6) (3) 1 (2) Other comprehensive income (loss), net 9 (2) 7 (4) 1 (3) Postretirement benefits adjustments: Net actuarial gain (loss) and prior service cost — — — — — — Reclassification to earnings 2 4 (1) 3 1 — 1 Other comprehensive income (loss), net 4 (1) 3 1 — 1 Total other comprehensive income (loss), net $ (48) $ (7) $ (55) $ (74) $ 4 $ (70) 1 Pre-tax amount for each period is classified as sales in the accompanying condensed consolidated statements of operations. 2 Pre-tax amount for each period is classified as non-operating postretirement expense in the accompanying condensed consolidated statements of operations.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended				6 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Millions	Oct. 31, 2024	Jul. 31, 2024	Oct. 31, 2023	Jul. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Pay vs Performance Disclosure
Net income	$ 258	$ 195	$ 242	$ 231	$ 453	$ 473

Insider Trading Arrangements

Insider Trading Arrangements	6 Months Ended
Insider Trading Arrangements	Oct. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Condensed Consolidated Financ_2

Condensed Consolidated Financial Statements (Policies)	6 Months Ended
Condensed Consolidated Financial Statements (Policies)	Oct. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	Accounting standards not yet adopted. In November 2023, the Financial Accounting Standards Board (FASB) issued an updated accounting standard requiring additional disclosures about significant segment expenses and other segment items. The update also requires interim disclosure of segment information that is currently required only on an annual basis. We are required to adopt the updated standard for annual disclosures beginning in fiscal 2025, and for interim disclosures in fiscal 2026, with earlier adoption permitted. The update is to be applied retroactively. In December 2023, the FASB issued an updated accounting standard requiring additional annual disclosures about income taxes, primarily related to the rate reconciliation and information about income taxes paid. We are required to adopt the new guidance beginning in fiscal 2026, with earlier adoption permitted. The update can be applied either prospectively or retrospectively. In November 2024, the FASB issued an updated accounting standard requiring disaggregation, in the notes to the financial statements, of expense line items in the income statement that include certain categories of expenses. We are required to adopt the updated standard for annual disclosures beginning in fiscal 2028, and for interim disclosures in fiscal 2029, with earlier adoption permitted. The update can be applied either prospectively or retrospectively. We are currently evaluating the impact that adopting these accounting standards updates will have on our disclosures.

Inventories (Policies)

Inventories (Policies)	6 Months Ended
Inventories (Policies)	Oct. 31, 2024
Inventory Disclosure [Abstract]
Inventory, Policy [Policy Text Block]	We value some of our consolidated inventories, including most of our U.S. inventories, at the lower of cost, using the last-in, first-out (LIFO) method or market value.

Derivative Financial Instrume_2

Derivative Financial Instruments and Hedging Activities (Policies)	6 Months Ended
	Oct. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Classification of Cash Flows Related to Cash Flow Hedges [Policy Text Block]	In our statements of cash flows, we classify cash flows related to cash flow hedges in the same category as the cash flows from the hedged items.
Derivatives, Offsetting Fair Value Amounts, Policy [Policy Text Block]	Offsetting.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
Earnings Per Share (Tables)	Oct. 31, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table presents information concerning basic and diluted earnings per share: Three Months Ended Six Months Ended October 31, October 31, (Dollars in millions, except per share amounts) 2023 2024 2023 2024 Net income available to common stockholders $ 242 $ 258 $ 473 $ 453 Share data (in thousands): Basic average common shares outstanding 479,200 472,660 479,262 472,647 Dilutive effect of stock-based awards 915 397 972 350 Diluted average common shares outstanding 480,115 473,057 480,234 472,997 Basic earnings per share $ 0.50 $ 0.55 $ 0.99 $ 0.96 Diluted earnings per share $ 0.50 $ 0.55 $ 0.98 $ 0.96

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
Goodwill and Other Intangible Assets (Tables)	Oct. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill [Table Text Block]	The following table shows the changes in goodwill (which includes no accumulated impairment losses) and other intangible assets during the six months ended October 31, 2024: (Dollars in millions) Goodwill Other Intangible Assets Balance at April 30, 2024 $ 1,455 $ 990 Foreign currency translation adjustment 13 10 Balance at October 31, 2024 $ 1,468 $ 1,000

Debt (Tables)

Debt (Tables)	6 Months Ended
Debt (Tables)	Oct. 31, 2024
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	Our long-term debt (net of unamortized discount and issuance costs) consisted of: (Principal and carrying amounts in millions) April 30, 2024 October 31, 3.50% senior notes, $300 principal amount, due April 15, 2025 $ 300 $ 300 1.20% senior notes, €300 principal amount, due July 7, 2026 321 325 2.60% senior notes, £300 principal amount, due July 7, 2028 375 388 4.75% senior notes, $650 principal amount, due April 15, 2033 643 644 4.00% senior notes, $300 principal amount, due April 15, 2038 295 296 3.75% senior notes, $250 principal amount, due January 15, 2043 248 248 4.50% senior notes, $500 principal amount, due July 15, 2045 490 490 2,672 2,691 Less current portion 300 300 $ 2,372 $ 2,391
Schedule of Short-term Debt [Table Text Block]	Our short-term borrowings consisted of borrowings under our commercial paper program, as follows: (Dollars in millions) April 30, 2024 October 31, Commercial paper (par amount) $429 $514 Average interest rate 5.49% 4.93% Average remaining days to maturity 12 24

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
Stockholders' Equity (Tables)	Oct. 31, 2024
Equity, Attributable to Parent [Abstract]
Schedule of Stockholders Equity [Table Text Block]	The following table shows the changes in stockholders’ equity by quarter during the six months ended October 31, 2023: (Dollars in millions) Class A Common Stock Class B Common Stock Additional Paid-in Capital Retained Earnings AOCI Treasury Stock Total Balance at April 30, 2023 $ 25 $ 47 $ 1 $ 3,643 $ (235) $ (213) $ 3,268 Net income 231 231 Net other comprehensive income (loss) 36 36 Declaration of cash dividends (197) (197) Stock-based compensation expense 4 4 Stock issued under compensation plans 3 3 Loss on issuance of treasury stock issued under compensation plans (4) (3) (7) Balance at July 31, 2023 25 47 1 3,674 (199) (210) 3,338 Net income 242 242 Net other comprehensive income (loss) (91) (91) Acquisition of treasury stock (42) (42) Stock-based compensation expense 7 7 Balance at October 31, 2023 $ 25 $ 47 $ 8 $ 3,916 $ (290) $ (252) $ 3,454 The following table shows the changes in stockholders’ equity by quarter during the six months ended October 31, 2024: (Dollars in millions) Class A Common Stock Class B Common Stock Additional Paid-in Capital Retained Earnings AOCI Treasury Stock Total Balance at April 30, 2024 $ 25 $ 47 $ 13 $ 4,261 $ (221) $ (608) $ 3,517 Net income 195 195 Net other comprehensive income (loss) (43) (43) Declaration of cash dividends (206) (206) Stock-based compensation expense 4 4 Stock issued under compensation plans 3 3 Loss on issuance of treasury stock issued under compensation plans (5) (5) Balance at July 31, 2024 25 47 12 4,250 (264) (605) 3,465 Net income 258 258 Net other comprehensive income (loss) (27) (27) Stock-based compensation expense 9 9 Balance at October 31, 2024 $ 25 $ 47 $ 21 $ 4,508 $ (291) $ (605) $ 3,705
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The following table shows the change in each component of accumulated other comprehensive income (AOCI), net of tax, during the six months ended October 31, 2024: (Dollars in millions) Currency Translation Adjustments Cash Flow Hedge Adjustments Postretirement Benefits Adjustments Total AOCI Balance at April 30, 2024 $ (111) $ 10 $ (120) $ (221) Net other comprehensive income (loss) (68) (3) 1 (70) Balance at October 31, 2024 $ (179) $ 7 $ (119) $ (291)
Dividends Declared [Table Text Block]	The following table shows the cash dividends declared per share on our Class A and Class B common stock during the six months ended October 31, 2024: Declaration Date Record Date Payable Date Amount per Share May 23, 2024 June 7, 2024 July 1, 2024 $0.2178 July 25, 2024 September 3, 2024 October 1, 2024 $0.2178

Net Sales (Tables)

Net Sales (Tables)	6 Months Ended
Net Sales (Tables)	Oct. 31, 2024
Net Sales [Abstract]
Disaggregation of Revenue [Table Text Block]	The following table shows our net sales by geography: Three Months Ended Six Months Ended October 31, October 31, (Dollars in millions) 2023 2024 2023 2024 United States $ 531 $ 489 $ 973 $ 908 Developed International 1 291 289 600 569 Emerging 2 221 242 442 427 Travel Retail 3 44 45 90 86 Non-branded and bulk 4 20 30 40 56 Total $ 1,107 $ 1,095 $ 2,145 $ 2,046 1 Represents net sales of branded products to “advanced economies” as defined by the International Monetary Fund (IMF), excluding the United States. Our top developed international markets are Germany, Australia, the United Kingdom, France, Canada, and Spain. 2 Represents net sales of branded products to “emerging and developing economies” as defined by the IMF. Our top emerging markets are Mexico, Poland, and Brazil. 3 Represents net sales of branded products to global duty-free customers, other travel retail customers, and the U.S. military, regardless of customer location. 4 Includes net sales of used barrels, contract bottling services, and non-branded bulk whiskey, regardless of customer location. The following table shows our net sales by product category: Three Months Ended Six Months Ended October 31, October 31, (Dollars in millions) 2023 2024 2023 2024 Whiskey 1 $ 739 $ 769 $ 1,436 $ 1,428 Ready-to-Drink 2 132 133 270 254 Tequila 3 81 72 162 134 Non-branded and bulk 4 20 30 40 56 Rest of portfolio 5 135 91 237 174 Total $ 1,107 $ 1,095 $ 2,145 $ 2,046 1 Includes all whiskey spirits and whiskey-based flavored liqueurs. The brands included in this category are the Jack Daniel's family of brands (excluding the “ready-to-drink” products outlined below), the Woodford Reserve family of brands, the Old Forester family of brands, The GlenDronach, Benriach, Glenglassaugh, Slane Irish Whiskey, and Coopers’ Craft. 2 Includes the Jack Daniel’s ready-to-drink (RTD) and ready-to-pour (RTP) products, New Mix, and other RTD/RTP products. 3 Includes el Jimador, the Herradura family of brands, and other tequilas. 4 Includes net sales of used barrels, contract bottling services, and non-branded bulk whiskey. 5 Includes Sonoma-Cutrer (which was divested on April 30, 2024), Korbel California Champagnes, Diplomático, Gin Mare, Chambord, Finlandia Vodka (which was divested on November 1, 2023), Fords Gin, and Korbel Brandy.

Pension and Other Postretirem_2

Pension and Other Postretirement Benefits (Tables)	6 Months Ended
Pension and Other Postretirement Benefits (Tables)	Oct. 31, 2024
Retirement Benefits [Abstract]
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	The following table shows the components of the net cost recognized for our U.S. pension plans. Similar information for other defined benefit plans is not presented due to immateriality. Three Months Ended Six Months Ended October 31, October 31, (Dollars in millions) 2023 2024 2023 2024 Service cost $ 5 $ 4 $ 9 $ 8 Interest cost 8 9 17 18 Expected return on plan assets (10) (10) (19) (19) Amortization of net actuarial loss 2 1 3 1 Net cost $ 5 $ 4 $ 10 $ 8

Derivative Financial Instrume_3

Derivative Financial Instruments and Hedging Activities (Tables)	6 Months Ended
	Oct. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments, Gain (Loss) [Table Text Block]	The following table presents the pre-tax impact that changes in the fair value of our derivative instruments and non-derivative hedging instruments had on AOCI and earnings: Three Months Ended October 31, (Dollars in millions) Classification 2023 2024 Derivative Instruments Currency derivatives designated as cash flow hedges: Net gain (loss) recognized in AOCI n/a $ 21 $ (2) Net gain (loss) reclassified from AOCI into earnings Sales 5 (1) Currency derivatives not designated as hedging instruments: Net gain (loss) recognized in earnings Sales $ 4 $ 1 Net gain (loss) recognized in earnings Other income (expense), net (1) (2) Non-Derivative Hedging Instruments Foreign currency-denominated debt designated as net investment hedge: Net gain (loss) recognized in AOCI n/a $ 26 $ (6) Total amounts presented in the accompanying condensed consolidated statements of operations for line items affected by the net gains (losses) shown above: Sales $ 1,405 $ 1,376 Other income (expense), net — 8 Six Months Ended October 31, (Dollars in millions) Classification 2023 2024 Derivative Instruments Currency derivatives designated as cash flow hedges: Net gain (loss) recognized in AOCI n/a $ 17 $ (1) Net gain (loss) reclassified from AOCI into earnings Sales 8 3 Currency derivatives not designated as hedging instruments: Net gain (loss) recognized in earnings Sales $ 2 $ — Net gain (loss) recognized in earnings Other income (expense), net 6 (6) Non-Derivative Hedging Instruments Foreign currency-denominated debt designated as net investment hedge: Net gain (loss) recognized in AOCI n/a $ 17 $ (15) Total amounts presented in the accompanying condensed consolidated statements of operations for line items affected by the net gains (losses) shown above: Sales $ 2,731 $ 2,587 Other income (expense), net 7 38
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	The following table presents the fair values of our derivative instruments: April 30, 2024 October 31, 2024 (Dollars in millions) Classification Derivative Assets Derivative Liabilities Derivative Assets Derivative Liabilities Designated as cash flow hedges: Currency derivatives Other current assets $ 11 $ (2) $ 8 $ (3) Currency derivatives Other assets 1 (1) 1 — Not designated as hedges: Currency derivatives Accrued expenses — (1) — (1)
Offsetting Derivative Assets and Liabilities [Table Text Block]	The following table summarizes the gross and net amounts of our derivative contracts: (Dollars in millions) Gross Amounts of Recognized Assets (Liabilities) Gross Amounts Offset in Balance Sheet Net Amounts Presented in Balance Sheet Gross Amounts Not Offset in Balance Sheet Net Amounts April 30, 2024 Derivative assets $ 12 $ (3) $ 9 $ — $ 9 Derivative liabilities (4) 3 (1) — (1) October 31, 2024 Derivative assets 9 (3) 6 — 6 Derivative liabilities (4) 3 (1) — (1)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
Fair Value Measurements (Tables)	Oct. 31, 2024
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	The following table summarizes the assets and liabilities measured or disclosed at fair value on a recurring basis: April 30, 2024 October 31, 2024 Carrying Fair Carrying Fair (Dollars in millions) Amount Value Amount Value Assets Cash and cash equivalents $ 446 $ 446 $ 416 $ 416 Currency derivatives, net 9 9 6 6 Liabilities Currency derivatives, net 1 1 1 1 Contingent consideration 69 69 75 75 Short-term borrowings 428 428 512 512 Long-term debt (including current portion) 2,672 2,468 2,691 2,547
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following table shows the changes in our contingent consideration liability during the six months ended October 31, 2024: (Dollars in millions) Balance at April 30, 2024 $ 69 Change in fair value 1 5 Foreign currency translation adjustment 1 Balance at October 31, 2024 $ 75 1 Classified as “other expense (income), net” in the accompanying condensed consolidated statement of operations.

Other Comprehensive Income (Tab

Other Comprehensive Income (Tables)	6 Months Ended
Other Comprehensive Income (Tables)	Oct. 31, 2024
Statement of Comprehensive Income [Abstract]
Comprehensive Income (Loss) [Table Text Block]	The following table shows the components of net other comprehensive income (loss): Three Months Ended Three Months Ended October 31, 2023 October 31, 2024 (Dollars in millions) Pre-Tax Tax Net Pre-Tax Tax Net Currency translation adjustments: Net gain (loss) on currency translation $ (98) $ (6) $ (104) $ (27) $ 1 $ (26) Reclassification to earnings — — — — — — Other comprehensive income (loss), net (98) (6) (104) (27) 1 (26) Cash flow hedge adjustments: Net gain (loss) on hedging instruments 21 (5) 16 (2) — (2) Reclassification to earnings 1 (5) 1 (4) 1 — 1 Other comprehensive income (loss), net 16 (4) 12 (1) — (1) Postretirement benefits adjustments: Net actuarial gain (loss) and prior service cost — — — — — — Reclassification to earnings 2 2 (1) 1 — — — Other comprehensive income (loss), net 2 (1) 1 — — — Total other comprehensive income (loss), net $ (80) $ (11) $ (91) $ (28) $ 1 $ (27) Six Months Ended Six Months Ended October 31, 2023 October 31, 2024 (Dollars in millions) Pre-Tax Tax Net Pre-Tax Tax Net Currency translation adjustments: Net gain (loss) on currency translation $ (61) $ (4) $ (65) $ (71) $ 3 $ (68) Reclassification to earnings — — — — — — Other comprehensive income (loss), net (61) (4) (65) (71) 3 (68) Cash flow hedge adjustments: Net gain (loss) on hedging instruments 17 (4) 13 (1) — (1) Reclassification to earnings 1 (8) 2 (6) (3) 1 (2) Other comprehensive income (loss), net 9 (2) 7 (4) 1 (3) Postretirement benefits adjustments: Net actuarial gain (loss) and prior service cost — — — — — — Reclassification to earnings 2 4 (1) 3 1 — 1 Other comprehensive income (loss), net 4 (1) 3 1 — 1 Total other comprehensive income (loss), net $ (48) $ (7) $ (55) $ (74) $ 4 $ (70) 1 Pre-tax amount for each period is classified as sales in the accompanying condensed consolidated statements of operations. 2 Pre-tax amount for each period is classified as non-operating postretirement expense in the accompanying condensed consolidated statements of operations.

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Earnings Per Share [Abstract]
Net income available to common stockholders, basic	$ 258	$ 242	$ 453	$ 473
Net income available to common stockholders, diluted	$ 258	$ 242	$ 453	$ 473
Share data (in thousands):
Basic average common shares outstanding	472,660	479,200	472,647	479,262
Dilutive effect of stock-based awards	397	915	350	972
Diluted average common shares outstanding	473,057	480,115	472,997	480,234
Basic earnings per share (dollars per share)	$ 0.55	$ 0.50	$ 0.96	$ 0.99
Diluted earnings per share (dollars per share)	$ 0.55	$ 0.50	$ 0.96	$ 0.98

Earnings Per Share (Details Tex

Earnings Per Share (Details Textual) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Earnings Per Share (Textual) [Abstract]
Common stock-based awards excluded from the calculation of diluted earnings per share	3,018	1,688	2,800	1,486

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Oct. 31, 2024	Apr. 30, 2024
Inventories (Textual) [Abstract]
Excess of current costs over stated LIFO value	$ 552	$ 512

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets (Details) $ in Millions	6 Months Ended
	Oct. 31, 2024 USD ($)
Goodwill [Roll Forward]
Balance at April 30, 2024	$ 1,455
Foreign currency translation adjustment	13
Balance at October 31, 2024	1,468
Indefinite-lived Intangible Assets [Roll Forward]
Balance at April 30, 2024	990
Foreign currency translation adjustment	10
Balance at October 31, 2024	$ 1,000

Equity Method Investments (Deta

Equity Method Investments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
Equity Method Investments (Details) - USD ($) $ in Millions	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Apr. 30, 2025	Apr. 30, 2024
Schedule of Equity Method Investments [Line Items]
Equity method investments	$ 272		$ 272			$ 270
Related Party Transaction, Purchases from Related Party	2		24
Income (Loss) from Equity Method Investments	$ 2	$ 0	$ 2	$ 0
Duckhorn
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	21.40%		21.40%			21.40%
Equity method investments	$ 269		$ 269			$ 267
Equity Method Investment, Quoted Market Value	$ 346		346
Income (Loss) from Equity Method Investments			$ 2
Duckhorn \| Forecast [Member]
Schedule of Equity Method Investments [Line Items]
Proceeds from Sale of Equity Method Investments					$ 350

Debt (Details)

Debt (Details) € in Millions, £ in Millions, $ in Millions	6 Months Ended
Debt (Details) € in Millions, £ in Millions, $ in Millions	Oct. 31, 2024 USD ($)	Oct. 31, 2024 EUR (€)	Oct. 31, 2024 GBP (£)	Apr. 30, 2024 USD ($)	Apr. 30, 2024 EUR (€)	Apr. 30, 2024 GBP (£)
Debt Instrument [Line Items]
Long-term debt, including current portion	$ 2,691			$ 2,672
Current portion of long-term debt	300			300
Long-term debt	2,391			2,372
3.50% senior notes, due April 15, 2025 [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 300			$ 300
Debt Instrument, Maturity Date	Apr. 15, 2025
Debt Instrument, Interest Rate, Stated Percentage	3.50%	3.50%	3.50%	3.50%	3.50%	3.50%
Long-term debt, including current portion	$ 300			$ 300
1.20% notes, due July 7, 2026 [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount \| €		€ 300			€ 300
Debt Instrument, Maturity Date	Jul. 07, 2026
Debt Instrument, Interest Rate, Stated Percentage	1.20%	1.20%	1.20%	1.20%	1.20%	1.20%
Long-term debt, including current portion	$ 325			$ 321
2.60% notes, due July 7, 2028 [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount \| £			£ 300			£ 300
Debt Instrument, Maturity Date	Jul. 07, 2028
Debt Instrument, Interest Rate, Stated Percentage	2.60%	2.60%	2.60%	2.60%	2.60%	2.60%
Long-term debt, including current portion	$ 388			$ 375
4.75% senior notes, due April 15, 2033 {Member}
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 650			$ 650
Debt Instrument, Maturity Date	Apr. 15, 2033
Debt Instrument, Interest Rate, Stated Percentage	4.75%	4.75%	4.75%	4.75%	4.75%	4.75%
Long-term debt, including current portion	$ 644			$ 643
4.00% senior notes, due April 15, 2038 [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 300			$ 300
Debt Instrument, Maturity Date	Apr. 15, 2038
Debt Instrument, Interest Rate, Stated Percentage	4%	4%	4%	4%	4%	4%
Long-term debt, including current portion	$ 296			$ 295
3.75% notes, due January 15, 2043 [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 250			$ 250
Debt Instrument, Maturity Date	Jan. 15, 2043
Debt Instrument, Interest Rate, Stated Percentage	3.75%	3.75%	3.75%	3.75%	3.75%	3.75%
Long-term debt, including current portion	$ 248			$ 248
4.50% notes, due July 15, 2045 [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 500			$ 500
Debt Instrument, Maturity Date	Jul. 15, 2045
Debt Instrument, Interest Rate, Stated Percentage	4.50%	4.50%	4.50%	4.50%	4.50%	4.50%
Long-term debt, including current portion	$ 490			$ 490

Debt Short-term Borrowings (Det

Debt Short-term Borrowings (Details) - Commercial Paper - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Oct. 31, 2024	Apr. 30, 2024
Short-Term Debt [Line Items]
Commercial paper (par amount)	$ 514	$ 429
Average interest rate	4.93%	5.49%
Average remaining days to maturity	24 days	12 days

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
Stockholders' Equity (Details) - USD ($) $ in Millions	Oct. 31, 2024	Jul. 31, 2024	Oct. 31, 2023	Jul. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Beginning balance	$ 3,465	$ 3,517	$ 3,338	$ 3,268	$ 3,517	$ 3,268
Net income	258	195	242	231	453	473
Net other comprehensive income (loss)	(27)	(43)	(91)	36	(70)	(55)
Declaration of cash dividends		(206)		(197)
Acquisition of treasury stock			(42)
Stock-based compensation expense	9	4	7	4
Stock issued under compensation plans		3		3
Loss on issuance of treasury stock issued under compensation plans		(5)		(7)
Ending balance	3,705	3,465	3,454	3,338	3,705	3,454
Additional Paid-in Capital [Member]
Beginning balance	12	13	1	1	13	1
Stock-based compensation expense	9	4	7	4
Loss on issuance of treasury stock issued under compensation plans		(5)		(4)
Ending balance	21	12	8	1	21	8
Retained Earnings [Member]
Beginning balance	4,250	4,261	3,674	3,643	4,261	3,643
Net income	258	195	242	231
Declaration of cash dividends		(206)		(197)
Loss on issuance of treasury stock issued under compensation plans				(3)
Ending balance	4,508	4,250	3,916	3,674	4,508	3,916
AOCI Attributable to Parent [Member]
Beginning balance	(264)	(221)	(199)	(235)	(221)	(235)
Net other comprehensive income (loss)	(27)	(43)	(91)	36
Ending balance	(291)	(264)	(290)	(199)	(291)	(290)
Treasury Stock, Common [Member]
Beginning balance	(605)	(608)	(210)	(213)	(608)	(213)
Acquisition of treasury stock			(42)
Stock issued under compensation plans		3		3
Ending balance	(605)	(605)	(252)	(210)	(605)	(252)
Common stock, Class A, voting [Member] \| Common Stock [Member]
Beginning balance	25	25	25	25	25	25
Ending balance	25	25	25	25	25	25
Common stock, Class B, nonvoting [Member] \| Common Stock [Member]
Beginning balance	47	47	47	47	47	47
Ending balance	$ 47	$ 47	$ 47	$ 47	$ 47	$ 47

Stockholders' Equity Accumulate

Stockholders' Equity Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Oct. 31, 2024	Jul. 31, 2024	Oct. 31, 2023	Jul. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		$ (221)			$ (221)
Net other comprehensive income (loss)	$ (27)	(43)	$ (91)	$ 36	(70)	$ (55)
Ending balance	(291)				(291)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		(111)			(111)
Net other comprehensive income (loss)	(26)		(104)		(68)	(65)
Ending balance	(179)				(179)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		10			10
Net other comprehensive income (loss)	(1)		12		(3)	7
Ending balance	7				7
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		(120)			(120)
Net other comprehensive income (loss)	0		1		1	$ 3
Ending balance	(119)				$ (119)
AOCI Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net other comprehensive income (loss)	$ (27)	$ (43)	$ (91)	$ 36

Stockholders' Equity Dividends

Stockholders' Equity Dividends (Details) - $ / shares		6 Months Ended
Stockholders' Equity Dividends (Details) - $ / shares	Nov. 21, 2024	Oct. 31, 2024
July 2024 dividend payment
Class of Stock [Line Items]
Dividends Payable, Date Declared		May 23, 2024
Dividends Payable, Date of Record		Jun. 07, 2024
Dividends Payable, Date to be Paid		Jul. 01, 2024
Common Stock, Dividends, Per Share, Declared		$ 0.2178
October 2024 dividend payment
Class of Stock [Line Items]
Dividends Payable, Date Declared		Jul. 25, 2024
Dividends Payable, Date of Record		Sep. 03, 2024
Dividends Payable, Date to be Paid		Oct. 01, 2024
Common Stock, Dividends, Per Share, Declared		$ 0.2178
Subsequent Event [Member] \| January 2025 dividend payment
Class of Stock [Line Items]
Dividends Payable, Date Declared	Nov. 21, 2024
Dividends Payable, Date of Record	Dec. 06, 2024
Dividends Payable, Date to be Paid	Jan. 02, 2025
Common Stock, Dividends, Per Share, Declared	$ 0.2265

Net Sales by Geography (Details

Net Sales by Geography (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
Net Sales by Geography (Details) - USD ($) $ in Millions		Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Disaggregation of Revenue [Line Items]
Net sales		$ 1,095	$ 1,107	$ 2,046	$ 2,145
United States [Member]
Disaggregation of Revenue [Line Items]
Net sales		489	531	908	973
Developed International [Member]
Disaggregation of Revenue [Line Items]
Net sales	[1]	289	291	569	600
Emerging [Member]
Disaggregation of Revenue [Line Items]
Net sales	[2]	242	221	427	442
Travel Retail [Member]
Disaggregation of Revenue [Line Items]
Net sales	[3]	45	44	86	90
Non-branded and bulk [Member]
Disaggregation of Revenue [Line Items]
Net sales	[4]	$ 30	$ 20	$ 56	$ 40

[1] Represents net sales of branded products to “advanced economies” as defined by the International Monetary Fund (IMF), excluding the United States. Our top developed international markets are Germany, Australia, the United Kingdom, France, Canada, and Spain. Represents net sales of branded products to “emerging and developing economies” as defined by the IMF. Our top emerging markets are Mexico, Poland, and Brazil. Represents net sales of branded products to global duty-free customers, other travel retail customers, and the U.S. military, regardless of customer location. Includes net sales of used barrels, contract bottling services, and non-branded bulk whiskey, regardless of customer location.

Net Sales by Product Category (

Net Sales by Product Category (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Disaggregation of Revenue [Line Items]
Net sales		$ 1,095	$ 1,107	$ 2,046	$ 2,145
Whiskey [Member]
Disaggregation of Revenue [Line Items]
Net sales	[1]	769	739	1,428	1,436
Ready-to-Drink
Disaggregation of Revenue [Line Items]
Net sales	[2]	133	132	254	270
Tequila [Member]
Disaggregation of Revenue [Line Items]
Net sales	[3]	72	81	134	162
Non-branded and bulk [Member]
Disaggregation of Revenue [Line Items]
Net sales	[4]	30	20	56	40
Rest of portfolio [Member]
Disaggregation of Revenue [Line Items]
Net sales	[5]	$ 91	$ 135	$ 174	$ 237

[1] Includes all whiskey spirits and whiskey-based flavored liqueurs. The brands included in this category are the Jack Daniel's family of brands (excluding the “ready-to-drink” products outlined below), the Woodford Reserve family of brands, the Old Forester family of brands, The GlenDronach, Benriach, Glenglassaugh, Slane Irish Whiskey, and Coopers’ Craft. Includes the Jack Daniel’s ready-to-drink (RTD) and ready-to-pour (RTP) products, New Mix, and other RTD/RTP products. Includes el Jimador, the Herradura family of brands, and other tequilas. Includes net sales of used barrels, contract bottling services, and non-branded bulk whiskey. Includes Sonoma-Cutrer (which was divested on April 30, 2024), Korbel California Champagnes, Diplomático, Gin Mare, Chambord, Finlandia Vodka (which was divested on November 1, 2023), Fords Gin, and Korbel Brandy.

Pension and Other Postretirem_3

Pension and Other Postretirement Benefits (Details) - Pension Benefits [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Sponsor Location [Extensible List]
Service cost	$ 4	$ 5	$ 8	$ 9
Interest cost	9	8	18	17
Expected return on plan assets	(10)	(10)	(19)	(19)
Amortization of net actuarial loss (gain)	1	2	1	3
Net cost	$ 4	$ 5	$ 8	$ 10

Income Taxes (Details)

Income Taxes (Details)	6 Months Ended
Income Taxes (Details)	Oct. 31, 2024	Oct. 31, 2023
Expected Tax Rate on Ordinary Income	21.80%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%
Effective Income Tax Rate Reconciliation, Percent	20.10%	22.40%

Derivative Financial Instrume_4

Derivative Financial Instruments and Hedging Activities (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Total amounts presented in the accompanying consolidated statements of operations for line items affected by the net gains (losses) shown above: [Abstract]
Sales	$ 1,376	$ 1,405	$ 2,587	$ 2,731
Other income (expense), net	8	0	38	7
Foreign Currency Denominated Debt [Member]
Foreign currency-denominated debt designated as net investment hedge: [Abstract]
Net gain (loss) recognized in AOCI	(6)	26	(15)	17
Currency derivatives [Member]
Currency derivatives designated as cash flow hedges: [Abstract]
Net gain (loss) recognized in AOCI	(2)	21	(1)	17
Currency derivatives [Member] \| Sales [Member]
Currency derivatives designated as cash flow hedges: [Abstract]
Net gain (loss) reclassified from AOCI into earnings	(1)	5	3	8
Currency derivatives not designated as hedging instruments: [Abstract]
Net gain (loss) recognized in earnings	1	4	0	2
Currency derivatives [Member] \| Other Income [Member]
Currency derivatives not designated as hedging instruments: [Abstract]
Net gain (loss) recognized in earnings	$ (2)	$ (1)	$ (6)	$ 6

Derivative Financial Instrume_5

Derivative Financial Instruments and Hedging Activities (Details 1) - USD ($) $ in Millions	Oct. 31, 2024	Apr. 30, 2024
Fair values of derivative instruments
Derivative Asset, Fair Value, Gross Asset	$ 9	$ 12
Derivative Liability, Fair Value, Gross Liability	4	4
Currency derivatives [Member] \| Designated as Hedging Instrument [Member] \| Cash Flow Hedging [Member] \| Other Current Assets [Member]
Fair values of derivative instruments
Derivative Asset, Fair Value, Gross Asset	8	11
Derivative Liability, Fair Value, Gross Liability	(3)	(2)
Currency derivatives [Member] \| Designated as Hedging Instrument [Member] \| Cash Flow Hedging [Member] \| Other Assets [Member]
Fair values of derivative instruments
Derivative Asset, Fair Value, Gross Asset	1	1
Derivative Liability, Fair Value, Gross Liability	0	(1)
Currency derivatives [Member] \| Not designated as hedges [Member] \| Accrued Expenses [Member]
Fair values of derivative instruments
Derivative Asset, Fair Value, Gross Asset	0	0
Derivative Liability, Fair Value, Gross Liability	$ (1)	$ (1)

Derivative Financial Instrume_6

Derivative Financial Instruments and Hedging Activities (Details Textual) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jul. 31, 2024	Oct. 31, 2024	Apr. 30, 2024
Derivative Financial Instruments (Textual) [Abstract]
Maximum term of outstanding derivative contracts	24 months	24 months
Foreign Currency Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months		$ 4
Derivative, Net Liability Position, Aggregate Fair Value		1	$ 1
Designated as Hedging Instrument [Member] \| Net Investment Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Debt Instrument, Face Amount		512	497
Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Notional Amount		$ 515	$ 566

Offsetting Derivative Assets an

Offsetting Derivative Assets and Liabilities (Details) - USD ($) $ in Millions	Oct. 31, 2024	Apr. 30, 2024
Offsetting Assets and Liabilities [Line Items]
Gross Amount of Derivative Assets	$ 9	$ 12
Gross Amount of Derivative Liabilities Offset Against Derivative Assets in Balance Sheet	(3)	(3)
Net Amount of Derivative Assets Presented in Balance Sheet	6	9
Gross Amount of Derivative Liabilities Not Offset Against Derivative Assets in Balance Sheet	0	0
Net Amount of Derivative Assets	6	9
Gross Amount of Derivative Liabilities	(4)	(4)
Gross Amount of Derivative Assets Offset Against Derivative Liabilities in Balance Sheet	3	3
Net Amount of Derivative Liabilities Presented in Balance Sheet	1	1
Gross Amount of Derivative Assets Not Offset Against Derivative Liabilities in Balance Sheet	0	0
Net Amount of Derivative Liabilities	$ 1	$ 1

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Millions	Oct. 31, 2024	Apr. 30, 2024	Oct. 31, 2023
Assets:
Cash and cash equivalents	$ 416	$ 446	$ 373
Cash and cash equivalents, Fair Value	416	446
Liabilities:
Contingent consideration, Carrying Amount	75	69
Short-term borrowings, Carrying Amount	512	428
Short-term borrowings, Fair Value	512	428
Long-term debt (including current portion), Carrying Amount	2,691	2,672
Fair Value, Inputs, Level 2 [Member]
Assets:
Currency derivatives, net, Fair Value	6	9
Liabilities:
Currency derivatives, net, Fair Value	1	1
Long-term debt (including current portion), Fair Value	2,547	2,468
Fair Value, Inputs, Level 3 [Member]
Liabilities:
Contingent consideration, Fair Value	75	69
Foreign Exchange Contract [Member]
Assets:
Currency derivatives, net, Carrying Amount	6	9
Liabilities:
Currency derivatives, net, Carrying Amount	$ 1	$ 1

Rollforward of Contingent Consi

Rollforward of Contingent Consideration (Details) $ in Millions	6 Months Ended
	Oct. 31, 2024 USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at April 30, 2024	$ 69
Change in fair value	5	[1]
Foreign currency translation adjustment	1
Balance at October 31, 2024	$ 75

[1] Classified as “other expense (income), net” in the accompanying condensed consolidated statement of operations.

Other Comprehensive Income (Det

Other Comprehensive Income (Details) - USD ($) $ in Millions		3 Months Ended				6 Months Ended
		Oct. 31, 2024	Jul. 31, 2024	Oct. 31, 2023	Jul. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Before Tax:
Net other comprehensive income (loss)		$ (28)		$ (80)		$ (74)	$ (48)
Tax Effect:
Net other comprehensive income (loss)		1		(11)		4	(7)
Net of Tax:
Net other comprehensive income (loss)		(27)	$ (43)	(91)	$ 36	(70)	(55)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Before Tax:
Net gain (loss)		(27)		(98)		(71)	(61)
Reclassification to earnings		0		0		0	0
Net other comprehensive income (loss)		(27)		(98)		(71)	(61)
Tax Effect:
Net gain (loss)		1		(6)		3	(4)
Reclassification to earnings		0		0		0	0
Net other comprehensive income (loss)		1		(6)		3	(4)
Net of Tax:
Net gain (loss)		(26)		(104)		(68)	(65)
Reclassification to earnings		0		0		0	0
Net other comprehensive income (loss)		(26)		(104)		(68)	(65)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Before Tax:
Net gain (loss)		(2)		21		(1)	17
Reclassification to earnings	[1]	1		(5)		(3)	(8)
Net other comprehensive income (loss)		(1)		16		(4)	9
Tax Effect:
Net gain (loss)		0		(5)		0	(4)
Reclassification to earnings	[1]	0		1		1	2
Net other comprehensive income (loss)		0		(4)		1	(2)
Net of Tax:
Net gain (loss)		(2)		16		(1)	13
Reclassification to earnings	[1]	1		(4)		(2)	(6)
Net other comprehensive income (loss)		(1)		12		(3)	7
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Before Tax:
Net gain (loss)		0		0		0	0
Reclassification to earnings	[2]	0		2		1	4
Net other comprehensive income (loss)		0		2		1	4
Tax Effect:
Net gain (loss)		0		0		0	0
Reclassification to earnings	[2]	0		(1)		0	(1)
Net other comprehensive income (loss)		0		(1)		0	(1)
Net of Tax:
Net gain (loss)		0		0		0	0
Reclassification to earnings	[2]	0		1		1	3
Net other comprehensive income (loss)		$ 0		$ 1		$ 1	$ 3

[1] Pre-tax amount for each period is classified as sales in the accompanying condensed consolidated statements of operations. Pre-tax amount for each period is classified as non-operating postretirement expense in the accompanying condensed consolidated statements of operations.