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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Apr. 30, 2015	Jun. 15, 2015	Oct. 31, 2014
Document and Entity Information [Abstract]
Entity Registrant Name	J M SMUCKER Co
Entity Central Index Key	0000091419
Document Type	10-K
Document Period End Date	Apr. 30, 2015
Amendment Flag	false
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--04-30
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 9,803,675,128
Entity Common Stock, Shares Outstanding		119,666,585

Statements of Consolidated Income - USD ($) $ in Millions	12 Months Ended
Statements of Consolidated Income - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Income Statement [Abstract]
Net sales	$ 5,692.7	$ 5,610.6	$ 5,897.7
Cost of products sold	3,724.0	3,579.6	3,870.1
Gross Profit	1,968.7	2,031.0	2,027.6
Selling, distribution, and administrative expenses	1,031.3	988.8	973.9
Amortization	110.9	98.9	96.8
Other special project costs	56.6	25.6	49.5
Other operating income - net	(2.1)	(1.3)	(3.0)
Operating Income	772.0	919.0	910.4
Interest expense - net	(79.9)	(79.4)	(93.4)
Other debt costs	(173.3)	0.0	0.0
Other income - net	4.2	10.1	0.3
Income Before Income Taxes	523.0	849.7	817.3
Income taxes	178.1	284.5	273.1
Net Income	$ 344.9	$ 565.2	$ 544.2
Earnings per common share:
Net Income	$ 3.33	$ 5.42	$ 5.00
Net Income - Assuming Dilution	3.33	5.42	5.00
Dividends Declared per Common Share	$ 2.56	$ 2.32	$ 2.08

Statements of Consolidated Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Statements of Consolidated Comprehensive Income [Abstract]
Net income	$ 344.9	$ 565.2	$ 544.2
Other comprehensive (loss) income:
Foreign currency translation adjustments	(34.0)	(29.8)	(5.5)
Cash flow hedging derivative activity, net of tax	(20.5)	26.5	8.0
Pension and other postretirement benefit plans activity, net of tax	(3.6)	29.4	2.9
Available-for-sale securities activity, net of tax	(0.1)	(1.1)	2.0
Total Other Comprehensive (Loss) Income	(58.2)	25.0	7.4
Comprehensive Income	$ 286.7	$ 590.2	$ 551.6

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Consolidated Balance Sheets - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014
Current Assets
Cash and cash equivalents	$ 125.6	$ 153.5
Trade receivables, less allowance for doubtful accounts	430.1	309.4
Inventories:
Finished products	815.0	571.5
Raw materials	348.6	359.5
Total Inventories	1,163.6	931.0
Other current assets	333.0	145.2
Total Current Assets	2,052.3	1,539.1
Property, Plant, and Equipment
Land and land improvements	113.7	99.7
Buildings and fixtures	666.3	516.0
Machinery and equipment	1,783.8	1,384.0
Construction in progress	135.3	163.9
Property, Plant, and Equipment, Gross	2,699.1	2,163.6
Accumulated depreciation	(1,020.8)	(898.0)
Total Property, Plant, and Equipment	1,678.3	1,265.6
Other Noncurrent Assets
Goodwill	6,009.8	3,098.2
Other intangible assets - net	6,950.3	3,024.3
Other noncurrent assets	191.9	133.0
Total Other Noncurrent Assets	13,152.0	6,255.5
Total Assets	16,882.6	9,060.2
Current Liabilities
Accounts payable	402.8	289.2
Accrued compensation	100.4	57.3
Accrued trade marketing and merchandising	104.9	58.5
Dividends payable	76.5	59.0
Current portion of long-term debt	0.0	100.0
Short-term borrowings	226.0	243.2
Other current liabilities	112.0	78.6
Total Current Liabilities	1,022.6	885.8
Noncurrent Liabilities
Long-term debt	5,944.9	1,873.1
Defined benefit pensions	188.9	135.7
Other postretirement benefits	74.6	58.5
Deferred income taxes	2,473.3	1,020.7
Other noncurrent liabilities	91.4	56.8
Total Noncurrent Liabilities	8,773.1	3,144.8
Total Liabilities	9,795.7	4,030.6
Shareholders' Equity
Serial preferred shares - no par value: Authorized - 6,000,000 shares; outstanding - none	0.0	0.0
Common shares - no par value: Authorized - 300,000,000 shares; outstanding - 119,577,333 at April 30, 2015, and 101,697,400 at April 30, 2014 (net of 26,920,397 and 26,907,765 treasury shares, respectively), at stated value	29.9	25.4
Additional capital	6,007.7	3,965.8
Retained income	1,159.2	1,091.0
Amount due from ESOP Trust	(0.1)	(1.0)
Accumulated other comprehensive loss	(109.8)	(51.6)
Total Shareholders' Equity	7,086.9	5,029.6
Total Liabilities and Shareholders' Equity	$ 16,882.6	$ 9,060.2

Consolidated Balance Sheets (Parenthetical) - shares	Apr. 30, 2015	Apr. 30, 2014
Consolidated Balance Sheets [Abstract]
Serial preferred shares, no par value, shares authorized	6,000,000	6,000,000
Serial preferred shares, no par value, shares outstanding	0	0
Common shares, no par value, shares authorized	300,000,000	300,000,000
Common shares, no par value, shares outstanding	119,577,333	101,697,400
Treasury shares, shares outstanding	26,920,397	26,907,765

Statements of Consolidated Cash Flows - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Operating Activities
Net income	$ 344.9	$ 565.2	$ 544.2
Adjustments to reconcile net income to net cash provided by operations:
Depreciation	157.5	157.5	154.1
Amortization	110.9	98.9	96.8
Share-based compensation expense	23.5	22.9	21.3
Other restructuring activities	0.0	0.0	(0.7)
Loss on sale of assets - net	6.0	3.0	4.8
Gain on sale of marketable securities	0.0	(3.7)	0.0
Other noncash adjustments	(12.0)	(0.2)	0.1
Make-whole payments included in financing activities	163.3	0.0	0.0
Defined benefit pension contributions	(15.7)	(9.4)	(40.0)
Deferred income tax expense (benefit)	7.7	(8.0)	(15.6)
Changes in assets and liabilities, net of effect from businesses acquired:
Trade receivables	21.8	6.1	33.2
Inventories	25.3	15.4	15.2
Other current assets	74.1	(26.9)	4.6
Accounts payable	(25.4)	3.3	11.2
Accrued liabilities	(140.3)	9.1	(6.7)
Proceeds from settlement of interest rate swaps - net	53.5	0.0	0.0
Income and other taxes	(41.6)	(9.5)	3.5
Other - net	(20.3)	32.3	29.8
Net Cash Provided by Operating Activities	733.2	856.0	855.8
Investing Activities
Businesses acquired, net of cash acquired	(1,320.5)	(101.8)	0.0
Additions to property, plant, and equipment	(247.7)	(279.5)	(206.5)
Sales and maturities of marketable securities	0.0	10.0	0.0
Proceeds from disposal of property, plant, and equipment	2.6	10.7	3.3
Other - net	(30.1)	(9.7)	17.6
Net Cash Used for Investing Activities	(1,595.7)	(370.3)	(185.6)
Financing Activities
Short-term (repayments) borrowings - net	(22.4)	248.4	0.0
Proceeds from long-term debt	5,382.5	0.0	0.0
Repayments of long-term debt, including make-whole payments	(4,193.9)	(50.0)	(50.0)
Quarterly dividends paid	(254.0)	(238.0)	(222.8)
Purchase of treasury shares	(24.3)	(508.5)	(364.2)
Proceeds from stock option exercises	0.8	0.5	2.2
Other - net	(25.5)	(27.9)	(6.2)
Net Cash Provided by (Used for) Financing Activities	863.2	(575.5)	(641.0)
Effect of exchange rate changes on cash	(28.6)	(13.1)	(2.5)
Net (decrease) increase in cash and cash equivalents	(27.9)	(102.9)	26.7
Cash and cash equivalents at beginning of year	153.5	256.4	229.7
Cash and Cash Equivalents at End of Year	$ 125.6	$ 153.5	$ 256.4

Statements of Consolidated Shareholders' Equity - USD ($) $ in Millions	Total	Common Shares Outstanding	Common Shares	Additional Capital	Retained Income	Amount Due from ESOP Trust	Accumulated Other Comprehensive Loss
Statements of Consolidated Shareholders' Equity [Abstract]
Comprehensive Income	$ 551.6
Balance at Apr. 30, 2012	5,163.4		$ 27.6	$ 4,261.2	$ 961.2	$ (2.6)	$ (84.0)
Balance, Shares at Apr. 30, 2012		110,284,715
Net income	544.2				544.2
Other comprehensive (loss) income	7.4						7.4
Purchase of treasury shares	(364.2)		(1.0)	(158.5)	(204.7)
Purchase of treasury shares, shares		(4,062,682)
Stock plans	22.4			22.4
Stock plans, Shares		264,902
Cash dividends declared	(225.2)				(225.2)
Other	0.8					0.8
Balance at Apr. 30, 2013	5,148.8		26.6	4,125.1	1,075.5	(1.8)	(76.6)
Balance, Shares at Apr. 30, 2013		106,486,935
Statements of Consolidated Shareholders' Equity [Abstract]
Comprehensive Income	590.2
Net income	565.2				565.2
Other comprehensive (loss) income	25.0						25.0
Purchase of treasury shares	(508.5)		(1.3)	(199.0)	(308.2)
Purchase of treasury shares, shares		(5,072,158)
Stock plans	39.8		0.1	39.7
Stock plans, Shares		282,623
Cash dividends declared	(241.6)				(241.6)
Other	0.9				0.1	0.8
Balance at Apr. 30, 2014	$ 5,029.6		25.4	3,965.8	1,091.0	(1.0)	(51.6)
Balance, Shares at Apr. 30, 2014	101,697,400	101,697,400
Statements of Consolidated Shareholders' Equity [Abstract]
Comprehensive Income	$ 286.7
Net income	344.9				344.9
Other comprehensive (loss) income	(58.2)						(58.2)
Purchase of treasury shares	(24.3)		(0.1)	(19.2)	(5.0)
Purchase of treasury shares, shares		(225,262)
Stock plans	30.2		0.1	30.1
Stock plans, Shares		212,630
Issuance of shares for acquisition	2,035.5		4.5	2,031.0
Issuance of shares for acquisition, shares		17,892,565
Cash dividends declared	(271.5)				(271.5)
Other	0.7				(0.2)	0.9
Balance at Apr. 30, 2015	$ 7,086.9		$ 29.9	$ 6,007.7	$ 1,159.2	$ (0.1)	$ (109.8)
Balance, Shares at Apr. 30, 2015	119,577,333	119,577,333

Statements of Consolidated Shareholders' Equity (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Additional Capital
Tax benefit of stock plans	$ 5.9	$ 7.3	$ 2.9

Accounting Policies

12 Months Ended

Apr. 30, 2015

Accounting Policies [Abstract]

Accounting Policies

NOTE 1

ACCOUNTING POLICIES

Principles of Consolidation: The consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries, and its majority-owned investments, if any. Intercompany transactions and accounts are eliminated in consolidation.

Use of Estimates: The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires that we make certain estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Significant estimates in these consolidated financial statements include: allowances for doubtful trade receivables, estimates of future cash flows associated with assets, asset impairments, useful lives and residual values of long-lived assets used in determining depreciation and amortization, net realizable value of inventories, accruals for trade marketing and merchandising programs, income taxes, and the determination of discount and other assumptions for defined benefit pension and other postretirement benefit expenses. Actual results could differ from these estimates.

Cash and Cash Equivalents: We consider all short-term, highly-liquid investments with a maturity of three months or less when purchased to be cash equivalents.

Revenue Recognition: We recognize revenue, net of estimated returns and allowances, when all of the following criteria have been met: a valid customer order with a determinable price has been received; the product has been shipped and title has transferred to the customer; there is no further significant obligation to assist in the resale of the product; and collectability is reasonably assured. Trade marketing and merchandising programs are classified as a reduction of sales. A provision for estimated returns and allowances is recognized as a reduction of sales at the time revenue is recognized.

Shipping and Handling Costs: Transportation costs included in cost of products sold relate to the costs incurred to ship our products. Distribution costs are included in selling, distribution, and administrative expenses and relate to the warehousing costs incurred to store our products.

Trade Marketing and Merchandising Programs: In order to support our products, various promotional activities are conducted through retail trade, distributors, or directly with consumers, including in-store display and product placement programs, feature price discounts, coupons, and other similar activities. We regularly review and revise, when we deem necessary, estimates of costs for these promotional programs based on estimates of what will be redeemed by retail trade, distributors, or consumers. These estimates are made using various techniques, including historical data on performance of similar promotional programs. Differences between estimated expenditures and actual performance are recognized as a change in estimate in a subsequent period. As the total promotional expenditures, including amounts classified as a reduction of sales, represented 29 percent, 27 percent, and 25 percent of net sales in 2015, 2014, and 2013, respectively, the possibility exists of materially different reported results if factors such as the level and success of the promotional programs or other conditions differ from expectations.

Advertising Expense: Advertising costs are expensed as incurred. Advertising expense was $107.0, $124.7, and $131.6 in 2015, 2014, and 2013, respectively.

Research and Development Costs: Research and development costs are expensed as incurred and are included in selling, distribution, and administrative expense in the Statements of Consolidated Income. Total research and development expense was $32.5, $24.3, and $24.7 in 2015, 2014, and 2013, respectively.

Share-Based Payments: Share-based compensation expense, excluding stock options issued in 2015, is recognized on a straight-line basis over the requisite service period, which includes a one-year performance period plus the defined forfeiture period, which is typically four years of service or the attainment of a defined age and years of service. For options granted in 2015, compensation expense is recognized ratably over the service period for each vesting tranche from the grant date through the end of the requisite service period if it is probable that the performance criteria will be met. The options will vest over a period of one to three years, dependent on continued service of the option holder, as well as the achievement of the performance objectives established on the grant date. For further discussion on the stock options issued in 2015, see Note 10: Share-Based Payments.

The following table summarizes amounts related to share-based payments.


	Year Ended April 30,
	2015		2014		2013
Share-based compensation expense included in selling, distribution, and administrative expenses	$	22.3	$	22.1	$	20.5
Share-based compensation expense included in other special project costs		1.2		0.8		0.8

Total share-based compensation expense	$	23.5	$	22.9	$	21.3

Related income tax benefit	$	8.0	$	7.7	$	7.1

As of April 30, 2015, total unrecognized share-based compensation cost related to nonvested share-based awards was $48.9. The weighted-average period over which this amount is expected to be recognized is 2.5 years.

Corporate income tax benefits realized upon exercise or vesting of an award in excess of that previously recognized in earnings, referred to as excess tax benefits, are presented in the Statements of Consolidated Cash Flows as a financing activity. Realized excess tax benefits are credited to additional capital in the Consolidated Balance Sheets. Realized shortfall tax benefits, amounts which are less than those previously recognized in earnings, are first offset against the cumulative balance of excess tax benefits, if any, and then charged directly to income tax expense. For 2015, 2014, and 2013, the excess tax benefits realized upon exercise or vesting of share-based compensation were $5.9, $7.3, and $2.9, respectively.

Defined Contribution Plans: We offer employee savings plans for domestic and Canadian employees. Our contributions under these plans are based on a specified percentage of employee contributions. Charges to operations for these plans in 2015, 2014, and 2013 were $21.1, $20.1, and $18.6, respectively. For information on our defined benefit plans, see Note 7: Pensions and Other Postretirement Benefits.

Income Taxes: We account for income taxes using the liability method. Accordingly, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in the applicable tax rate is recognized in income or expense in the period that the change is enacted. A valuation allowance is established when it is more likely than not that all or a portion of a deferred tax asset will not be realized. A tax benefit is recognized when it is more likely than not to be sustained.

We account for the financial statement recognition and measurement criteria of a tax position taken or expected to be taken in a tax return under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 740, Income Taxes. FASB ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, and disclosure.

In accordance with the requirements of FASB ASC 740, uncertain tax positions have been classified in the Consolidated Balance Sheets as noncurrent, except to the extent payment is expected within one year. We recognize net interest and penalties related to unrecognized tax benefits in income tax expense.

Trade Receivables: In the normal course of business, we extend credit to customers. Trade receivables, less allowances, reflects the net realizable value of receivables and approximates fair value. We evaluate our trade receivables and establish an allowance for doubtful accounts based on a combination of factors. When aware that a specific customer has been impacted by circumstances such as bankruptcy filings or deterioration in the customer’s operating results or financial position, potentially making it unable to meet its financial obligations, we record a specific reserve for bad debt to reduce the related receivable to the amount we reasonably believe is collectible. We also record reserves for bad debt for all other customers based on a variety of factors, including the length of time the receivables are past due, historical collection experience, and an evaluation of current and projected economic conditions at the balance sheet date. Trade receivables are charged off against the allowance after we determine that the potential for recovery is remote. At April 30, 2015 and 2014, the allowance for doubtful accounts was $1.0 and $0.9, respectively. We believe there is no concentration of risk with any single customer whose failure or nonperformance would materially affect results other than as discussed in Note 3: Reportable Segments.

Inventories: Inventories are stated at the lower of cost or market. Cost for all inventories is determined using the first-in, first-out method applied on a consistent basis.

The cost of finished products and work-in-process inventory includes materials, direct labor, and overhead. Work-in-process is included in finished products in the Consolidated Balance Sheets and was $81.5 and $62.1 at April 30, 2015 and 2014, respectively.

Derivative Financial Instruments: We account for derivative instruments in accordance with FASB ASC 815, Derivatives and Hedging, which requires all derivative instruments to be recognized in the financial statements and measured at fair value, regardless of the purpose or intent for holding them.

Effective May 1, 2014, we elected to no longer qualify commodity derivatives or instruments used to manage foreign currency exchange exposures for hedge accounting treatment and, as a result, the derivative gains and losses are immediately recognized in earnings. Prior to 2015, certain of our derivative instruments met the hedge criteria and were accounted for as cash flow hedges. The mark-to-market gains and losses on qualifying hedges were deferred and included as a component of accumulated other comprehensive loss to the extent effective, and reclassified to cost of products sold in the period during which the hedged transaction affected earnings. The deferred net gains included in accumulated other comprehensive loss, net of tax, were $18.3 at April 30, 2014. Although we no longer perform the assessments required to achieve hedge accounting for derivative positions, we believe all of our commodity derivatives are economic hedges of our risk exposure.

We utilize derivative instruments to manage changes in the fair value and cash flows of our debt. Interest rate swaps mitigate the risk associated with the underlying hedged item. At the inception of the contract, the instrument is evaluated and documented for hedge accounting treatment. If the contract is designated as a cash flow hedge, the mark-to-market gains or losses on the swap are deferred and included as a component of accumulated other comprehensive loss to the extent effective, and reclassified to interest expense in the period during which the hedged transaction affects earnings. If the contract is designated as a fair value hedge, the swap is recognized at fair value on the balance sheet, and changes in the fair value are recognized in interest expense. Generally, changes in the fair value of the derivative are equal to changes in the fair value of the underlying debt and have no net impact on earnings.

Property, Plant, and Equipment: Property, plant, and equipment is recognized at cost and is depreciated on a straight-line basis over the estimated useful life of the asset (3 to 20 years for machinery and equipment, 1 to 7 years for capitalized software costs, and 5 to 40 years for buildings, fixtures, and improvements).

We lease certain land, buildings, and equipment for varying periods of time, with renewal options. Rent expense in 2015, 2014, and 2013 totaled $67.1, $60.6, and $59.2, respectively. As of April 30, 2015, our minimum operating lease obligations were as follows: $43.1 in 2016, $40.5 in 2017, $36.0 in 2018, $27.1 in 2019, and $22.0 in 2020.

In accordance with FASB ASC 360, Property, Plant, and Equipment, long-lived assets, other than goodwill and indefinite-lived intangible assets, are reviewed for impairment when circumstances indicate the carrying value of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of the assets to future net undiscounted cash flows we estimate to be generated by such assets. If such assets are considered to be impaired, the impairment to be recognized is the amount by which the carrying amount of the assets exceeds their estimated fair value. Assets to be disposed of by sale are recognized as held for sale at the lower of carrying value or fair value less cost to sell.

Goodwill and Other Intangible Assets: Goodwill is the excess of the purchase price paid over the estimated fair value of the net assets of a business acquired. In accordance with FASB ASC 350, Intangibles – Goodwill and Other, goodwill and other indefinite-lived intangible assets are not amortized but are reviewed at least annually for impairment. We conduct our annual test for impairment of goodwill and other indefinite-lived intangible assets as of February 1 of each year. As of the annual impairment test, we had six reporting units. A discounted cash flow valuation technique was utilized to estimate the fair value of our reporting units and indefinite-lived intangible assets. We also used a market-based approach to estimate the fair value of our reporting units. The discount rates utilized in the cash flow analyses were developed using a weighted-average cost of capital methodology. In addition to the annual test, we test for impairment if events or circumstances occur that would more likely than not reduce the fair value of a reporting unit below its carrying amount. Finite-lived intangible assets are amortized on a straight-line basis over their estimated useful lives. For additional information, see Note 5: Goodwill and Other Intangible Assets.

Marketable Securities and Other Investments: We maintain funds for the payment of benefits associated with nonqualified retirement plans. These funds include investments considered to be available-for-sale marketable securities. At April 30, 2015 and 2014, the fair value of these investments was $48.4 and $55.4, respectively, and was included in other noncurrent assets in the Consolidated Balance Sheets. Included in accumulated other comprehensive loss at April 30, 2015 and 2014, were unrealized pre-tax gains of $5.2 and $5.3, respectively.

Equity Method Investments: Investments in common stock of entities other than our subsidiaries are accounted for under the equity method in accordance with FASB ASC 323, Investments – Equity Method and Joint Ventures. Under the equity method, the initial investment is recorded at cost and the investment is subsequently adjusted for its proportionate share of earnings or losses, including consideration of basis differences resulting from the difference between the initial carrying amount of the investment and the underlying equity in net assets. The difference between the carrying amount of the investment and the underlying equity in net assets is primarily attributable to goodwill and other intangible assets.

We have a 25 percent equity interest in Guilin Seamild Biologic Technology Development Co., Ltd. (“Seamild”), a privately-owned manufacturer and marketer of oats products in China. The initial investment in Seamild in 2013 was $35.9 and is included in other noncurrent assets in the Consolidated Balance Sheets. The value of our investment in Seamild did not change significantly and did not have a material impact on the International, Foodservice, and Natural Foods segment or the consolidated financial statements for the years ended April 30, 2015 and 2014.

As part of the Big Heart Pet Brands (“Big Heart”) acquisition, we acquired a 50 percent equity interest in Natural Blend Vegetable Dehydration LLC (“Natural Blend”) and a 20 percent equity interest in Mountain Country Foods, LLC (“Mountain Country Foods”). Natural Blend is a privately-owned producer and supplier of dehydrated sweet potato products to Big Heart co-manufacturers. Mountain Country Foods is a privately-owned co-manufacturer of Big Heart pet products.

Our initial investments in Natural Blend of $10.6 and Mountain Country Foods of $19.1 were recorded at a preliminary fair value as required under purchase accounting and are included in other noncurrent assets in the Consolidated Balance Sheets. The value of these investments did not have a material impact on the U.S. Retail Pet Foods segment or the consolidated financial statements for the year ended April 30, 2015. For additional information related to the acquisition, see Note 2: Acquisitions.

Foreign Currency Translation: Assets and liabilities of foreign subsidiaries are translated using the exchange rates in effect at the balance sheet dates, while income and expenses are translated using average rates. Translation adjustments are reported as a component of shareholders’ equity in accumulated other comprehensive loss. Included in accumulated other comprehensive loss at April 30, 2015 and 2014, was a foreign currency loss of $2.3 and a gain of $31.7, respectively.

Recently Issued Accounting Standards: In April 2015, the FASB issued Accounting Standards Update (“ASU”) 2015-03, Interest – Imputation of Interest (Subtopic 835-30) Simplifying the Presentation of Debt Issuance Costs. ASU 2015-03 requires debt issuance costs to be presented in the balance sheet as a direct deduction from the carrying amount of the related debt. ASU 2015-03 is effective for us on May 1, 2016, but we have elected early adoption. As of April 30, 2015, we have reclassified debt issuance costs associated with our long-term debt from other noncurrent assets to long-term debt. Prior year amounts have been reclassified to conform to the current year classification in accordance with ASU 2015-03.

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 will be effective for us on May 1, 2017, and will require either retrospective application to each prior reporting period presented or retrospective application with the cumulative effect of initially applying the standard recognized at the date of adoption. We are currently evaluating the impact the application of ASU 2014-09 will have on our financial statements and disclosures.

Risks and Uncertainties: The raw materials we use are primarily commodities, agricultural-based products, and packaging materials. The principal packaging materials we use are glass, plastic, metal cans, caps, carton board, and corrugate. Green coffee, peanuts, edible oils, sweeteners, milk, wheat, corn, poultry meal, soybean meal, and other ingredients are obtained from various suppliers. The availability, quality, and cost of many of these commodities have fluctuated, and may continue to fluctuate over time. Green coffee is sourced solely from foreign countries and its supply and price are subject to high volatility due to factors such as weather, global supply and demand, pest damage, speculative influences, and political and economic conditions in the source countries. Raw materials are generally available from numerous sources, although we have elected to source certain plastic packaging materials and finished goods from single sources of supply pursuant to long-term contracts. While availability may vary from year to year, we believe that we will continue to be able to obtain adequate supplies and that alternatives to single-sourced materials are available. We have not historically encountered significant shortages of key raw materials. We consider our relationships with key material suppliers to be good.

Of our total employees, 28 percent are covered by union contracts at 10 manufacturing locations. The contracts vary in term, with three contracts expiring in 2016, representing 11 percent of our total employees.

We insure our business and assets in each country against insurable risks, to the extent that we deem appropriate, based upon an analysis of the relative risks and costs.

Acquisitions

12 Months Ended

Apr. 30, 2015

Acquisitions [Abstract]

Acquisitions

NOTE 2

ACQUISITIONS

On March 23, 2015, we completed the acquisition of Big Heart, a leading producer, distributor, and marketer of premium-quality, branded pet food and pet snacks in the U.S., through the acquisition of Blue Acquisition Group, Inc. (“BAG”), Big Heart’s parent company. As a result of the acquisition, the assets and liabilities of BAG are now held by a direct wholly-owned subsidiary of the Company.

The total consideration paid in connection with the acquisition was $5.9 billion, as set forth below, which included the issuance of 17.9 million of our common shares to BAG’s shareholders, valued at $2.0 billion based on the average stock price of our common shares on March 23, 2015. After the closing of the transaction, we had approximately 120.0 million common shares outstanding. We assumed $2.6 billion in debt, including Big Heart’s senior secured term loan and senior notes, and we paid an additional $1.2 billion in cash, which is subject to a working capital adjustment. As part of the transaction, new debt of $5.4 billion was borrowed, consisting of a $1.8 billion bank term loan and $3.7 billion in long-term notes, and Big Heart’s debt obligations and our existing private placement Senior Notes were paid off.


Shares issued	$	2,035.5
Assumed debt from Big Heart		2,630.2
Cash consideration, net of cash acquired		1,240.0

Total purchase price	$	5,905.7

The transaction was accounted for under the acquisition method of accounting and, accordingly, the results of Big Heart’s operations, including $244.5 in revenue and an operating loss of $26.0, are included in our consolidated financial statements from the date of acquisition.

Total one-time costs related to the acquisition are expected to be approximately $225.0, of which approximately $150.0 are expected to be cash charges. The one-time costs consist primarily of employee-related costs, outside service and consulting costs, and other costs directly related to the acquisition. These one-time costs are anticipated to be incurred primarily over the next three years, with one-half of the costs expected to be recognized in 2016. We incurred costs of $36.0 to date that were directly related to the merger and integration of Big Heart, and the majority of these charges were reported in other special project costs in the Statement of Consolidated Income. Due to the nature of these costs, they were expensed as incurred.

The Big Heart purchase price was preliminarily allocated to the underlying assets acquired and liabilities assumed based upon their estimated fair values at the date of acquisition. We determined the estimated fair values based on independent appraisals, discounted cash flow analyses, quoted market prices, and estimates made by management. The purchase price exceeded the estimated fair value of the net identifiable tangible and intangible assets acquired and, as such, the excess was allocated to goodwill.

The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed at the acquisition date.


Assets acquired:
Trade receivables	$	142.0
Inventories		257.7
Other current assets		210.7
Property, plant, and equipment		324.0
Intangible assets		4,009.8
Goodwill		2,871.2
Other noncurrent assets		38.0

Total assets acquired	$	7,853.4

Liabilities assumed:
Current liabilities	$	398.9
Deferred tax liabilities		1,464.0
Other noncurrent liabilities		84.8

Total liabilities assumed	$	1,947.7

Net assets acquired	$	5,905.7

As a result of the acquisition, we recognized a total of $2.9 billion of goodwill, of which $91.5 is deductible for tax purposes. Goodwill represents the value we expect to achieve through the implementation of operational synergies and growth opportunities across our segments. The final allocation of goodwill to our reporting units was not complete as of April 30, 2015, due to the timing of the acquisition, but will be complete by the end of 2016. Certain estimated values for the acquisition, including goodwill, intangible assets, property, plant, and equipment, contingent liabilities, and income taxes, are not yet finalized. The purchase price was preliminarily allocated based on information available at the acquisition date and is subject to change as we complete our analysis of the fair values at the date of acquisition during the measurement period not to exceed one year as permitted under FASB ASC 805, Business Combinations.

The purchase price was preliminarily allocated to the identifiable intangible assets acquired as follows:


Intangible assets with finite lives:
Customer relationships (25-year useful life)	$	2,289.8
Trademarks (15-year useful life)		257.0
Intangible assets with indefinite lives:
Trademarks		1,463.0

Total intangible assets	$	4,009.8

Big Heart’s results of operations are included in our consolidated financial statements from the date of the transaction. Had the transaction occurred on May 1, 2013, unaudited pro forma consolidated results for the years ended April 30, 2015 and 2014, would have been as follows:


	Year Ended April 30,
	2015		2014
Net sales	$	7,732.5	$	7,800.7
Net income		541.8		547.7
Net income per common share – assuming dilution		4.53		4.48

The unaudited pro forma consolidated results are based on our historical financial statements and those of Big Heart, and do not necessarily indicate the results of operations that would have resulted had the acquisition been completed at the beginning of the applicable period presented. The most significant pro forma adjustments relate to the elimination of acquisition-related costs incurred prior to the close of the transaction, amortization of intangible assets, depreciation of property, plant, and equipment, elimination of other debt costs discussed in Note 6: Debt and Financing Arrangements, and higher interest expense associated with the bank term loan and long-term notes. Of these adjustments, the elimination of acquisition-related costs and other debt costs of $108.3 and $173.3, respectively, are nonrecurring. The unaudited pro forma consolidated results do not give effect to the synergies of the acquisition and are not indicative of the results of operations in future periods.

In addition to the Big Heart acquisition, on September 2, 2014, we completed the acquisition of Sahale Snacks, Inc. (“Sahale”), a privately-held manufacturer and marketer of premium, branded nut and fruit snacks for $80.5 in cash consideration, net of a working capital adjustment. As a result, Sahale became a wholly-owned subsidiary of the Company. The purchase price was allocated to the underlying assets acquired and liabilities assumed based upon their estimated fair values at the date of acquisition. The purchase price allocation included total intangible assets of $30.4. The purchase price exceeded the estimated fair value of the net identifiable tangible and intangible assets acquired and, as a result, the excess was allocated to goodwill. Preliminary valuations resulted in Sahale goodwill of $47.9, and the entire amount was assigned to the U.S. Retail Consumer Foods segment. Sahale goodwill is preliminary as of April 30, 2015, pending the finalization of our tax basis. The results of operations of Sahale are included in the consolidated financial statements from the date of the transaction and did not have a material impact on the year ended April 30, 2015.

During 2014, we completed two acquisitions for aggregate net cash consideration of $101.8, net of working capital adjustments. Enray Inc. (“Enray”), a leading manufacturer and marketer of premium organic, gluten-free ancient grain products, was acquired in August 2013. Silocaf of New Orleans, Inc. (“Silocaf”), a strategic investment related to our green coffee supply chain, was acquired in September 2013.

The purchase price for each business acquired was allocated to the underlying assets acquired and liabilities assumed based upon their estimated fair values at the date of acquisition. The purchase price allocations included intangible assets of $37.6 in total for Enray and Silocaf. The purchase price for both Enray and Silocaf exceeded the estimated fair value of the net identifiable tangible and intangible assets acquired and as a result, the excess was allocated to goodwill. Valuations resulted in Enray goodwill of $29.3, which was assigned to the International, Foodservice, and Natural Foods segment, and Silocaf goodwill of $22.8, which was assigned to the U.S. Retail Coffee segment. The results of operations for both of the acquired businesses are included in the consolidated financial statements from the dates of the transactions and did not have a material impact on the years ended April 30, 2015 and 2014.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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+ Details

Reportable Segments

12 Months Ended

Apr. 30, 2015

Segment Reporting [Abstract]

Reportable Segments

NOTE 3

REPORTABLE SEGMENTS

We operate in one industry: the manufacturing and marketing of food products. We have four reportable segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International, Foodservice, and Natural Foods. The U.S. Retail Coffee segment primarily represents the domestic sales of Folgers and Dunkin’ Donuts branded coffee; the U.S. Retail Consumer Foods segment primarily includes domestic sales of Crisco, Jif, Smucker’s, and Pillsbury branded products; the U.S. Retail Pet Foods segment primarily includes domestic sales of Meow Mix, Milk-Bone, Kibbles ’n Bits, Natural Balance, 9Lives, Pup-Peroni, Gravy Train, and Nature’s Recipe branded products; and the International, Foodservice, and Natural Foods segment is comprised of products distributed domestically and in foreign countries through retail channels, foodservice distributors and operators (e.g., restaurants, lodging, schools and universities, health care operators), and natural foods stores and distributors. Pet food and pet snacks sales outside of the U.S. retail market segment are reflected in International, Foodservice, and Natural Foods.

Segment profit represents net sales, less direct and allocable operating expenses, and is consistent with the way in which we manage our segments. However, we do not represent that the segments, if operated independently, would report operating profit equal to the segment profit set forth below, as segment profit excludes certain operating expenses such as corporate administrative expenses and, effective May 1, 2014, unallocated gains and losses on commodity and foreign currency exchange derivative activities. Commodity and foreign currency exchange derivative gains and losses are reported in unallocated derivative gains and losses outside of segment operating results until the related inventory is sold. At that time, we reclassify the hedge gains and losses from unallocated derivative gains and losses to segment profit, allowing our segments to realize the economic effect of the hedge without experiencing any mark-to-market volatility. We would expect that any gain or loss in the estimated fair value of the derivatives would generally be offset by a change in the estimated fair value of the underlying exposures. Prior year segment results have been modified to exclude the unrealized gains and losses on commodity and foreign currency exchange derivatives to conform to the new definition.

As disclosed in Note 2: Acquisitions, we acquired Big Heart in a cash and stock transaction on March 23, 2015. The transaction resulted in a new reportable segment for 2015. There was no impact to our historical reportable segments, as there were no changes to the internal way we managed and reported those segments for 2015. However, we are in the process of finalizing our internal financial reporting structure and the impact on reportable segments for 2016 as a result of recent leadership changes. All historical information will be retroactively conformed to the new presentation once it is finalized.


	Year Ended April 30,
	2015		2014		2013
Net sales:
U.S. Retail Coffee	$	2,076.1	$	2,161.7	$	2,306.5
U.S. Retail Consumer Foods		2,104.8		2,172.6		2,214.8
U.S. Retail Pet Foods		239.1		—		—
International, Foodservice, and Natural Foods		1,272.7		1,276.3		1,376.4

Total net sales	$	5,692.7	$	5,610.6	$	5,897.7

Segment profit (loss):
U.S. Retail Coffee	$	549.2	$	639.8	$	603.8
U.S. Retail Consumer Foods		432.9		393.0		413.9
U.S. Retail Pet Foods		(15.3)		—		—
International, Foodservice, and Natural Foods		166.7		167.8		196.7

Total segment profit	$	1,133.5	$	1,200.6	$	1,214.4

Interest expense - net		(79.9)		(79.4)		(93.4)
Other debt costs		(173.3)		—		—
Unallocated derivative (losses) gains		(24.5)		5.3		6.6
Cost of products sold - special project costs		(6.2)		(9.4)		(11.5)
Other special project costs		(56.6)		(25.6)		(49.5)
Corporate administrative expenses		(274.2)		(251.9)		(249.6)
Other income - net		4.2		10.1		0.3

Income before income taxes	$	523.0	$	849.7	$	817.3

Assets:
U.S. Retail Coffee	$	4,854.0	$	4,885.6	$	4,882.4
U.S. Retail Consumer Foods		2,846.0		2,684.1		2,618.2
U.S. Retail Pet Foods		7,611.8		—		—
International, Foodservice, and Natural Foods		1,327.2		1,248.9		1,201.3
Unallocated (A)		243.6		241.6		322.2

Total assets	$	16,882.6	$	9,060.2	$	9,024.1

Depreciation, amortization, and impairment charges:
U.S. Retail Coffee	$	102.7	$	99.9	$	100.7
U.S. Retail Consumer Foods		54.1		52.9		47.1
U.S. Retail Pet Foods		14.3		—		—
International, Foodservice, and Natural Foods		66.0		67.4		63.7
Unallocated (B)		31.3		36.2		39.4

Total depreciation, amortization, and impairment charges	$	268.4	$	256.4	$	250.9

Additions to property, plant, and equipment:
U.S. Retail Coffee	$	56.7	$	50.7	$	46.5
U.S. Retail Consumer Foods		113.2		138.8		85.1
U.S. Retail Pet Foods		19.4		—		—
International, Foodservice, and Natural Foods		58.4		90.0		74.9

Total additions to property, plant, and equipment	$	247.7	$	279.5	$	206.5

(A)	Primarily represents unallocated cash and cash equivalents and corporate-held investments.

(B)	Primarily represents unallocated corporate administrative expense, mainly depreciation and software amortization.

The following table presents certain geographical information.


	Year Ended April 30,
	2015		2014		2013
Net sales:
United States	$	5,188.5	$	5,092.0	$	5,355.9
International:
Canada	$	413.8	$	437.2	$	459.5
All other international		90.4		81.4		82.3

Total international	$	504.2	$	518.6	$	541.8

Total net sales	$	5,692.7	$	5,610.6	$	5,897.7

Assets:
United States	$	16,407.0	$	8,638.6	$	8,577.7
International:
Canada	$	362.1	$	257.7	$	396.3
All other international		113.5		163.9		50.1

Total international	$	475.6	$	421.6	$	446.4

Total assets	$	16,882.6	$	9,060.2	$	9,024.1

Long-lived assets (excluding goodwill and other intangible assets):
United States	$	1,815.0	$	1,343.2	$	1,227.0
International:
Canada	$	14.3	$	16.5	$	20.6
All other international		40.9		38.9		39.0

Total international	$	55.2	$	55.4	$	59.6

Total long-lived assets (excluding goodwill and other intangible assets)	$	1,870.2	$	1,398.6	$	1,286.6

The following table presents product category sales as a percentage of consolidated net sales.


	Year Ended April 30,
	2015			2014			2013
Coffee		44	%		46	%		48	%
Peanut butter		13			13			13
Fruit spreads		6			6			6
Shortening and oils		6			6			6
Baking mixes and frostings		5			6			6
Canned milk		4			5			4
Flour and baking ingredients		4			4			4
Juices and beverages		3			3			3
Frozen handheld		3			3			3
Pet food		3			—			—
Portion control		2			2			2
Toppings and syrups		1			2			2
Pet snacks		1			—			—
Other		5			4			3

Total product sales		100	%		100	%		100	%

Sales to Wal-Mart Stores, Inc. and subsidiaries amounted to 28 percent of net sales in 2015, 27 percent of net sales in 2014, and 26 percent of net sales in 2013. These sales are primarily included in our U.S. retail market segments. No other customer exceeded 10 percent of net sales for any year. Trade receivables at April 30, 2015 and 2014, included amounts due from Wal-Mart Stores, Inc. and subsidiaries of $122.6 and $76.6, respectively.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Earnings per Share

12 Months Ended

Apr. 30, 2015

Earnings Per Share [Abstract]

Earnings per Share

NOTE 4

EARNINGS PER SHARE

The following table sets forth the computation of net income per common share and net income per common share – assuming dilution under the two-class method.


	Year Ended April 30,
	2015		2014		2013
Net income	$	344.9	$	565.2	$	544.2
Net income allocated to participating securities		2.2		4.5		4.7

Net income allocated to common stockholders	$	342.7	$	560.7	$	539.5

Weighted-average common shares outstanding		103,038,271		103,504,121		107,881,519
Dilutive effect of stock options		5,283		14,346		23,256

Weighted-average common shares outstanding – assuming dilution		103,043,554		103,518,467		107,904,775

Net income per common share	$	3.33	$	5.42	$	5.00

Net income per common share – assuming dilution	$	3.33	$	5.42	$	5.00

Goodwill and Other Intangible Assets

12 Months Ended

Apr. 30, 2015

Goodwill and Other Intangible Assets [Abstract]

Goodwill and Other Intangible Assets

NOTE 5

GOODWILL AND OTHER INTANGIBLE ASSETS

A summary of changes in goodwill during the years ended April 30, 2015 and 2014, by reportable segment is as follows:


	U.S. Retail Coffee		U.S. Retail Consumer Foods		U.S. Retail Pet Foods		International, Foodservice, and Natural Foods		Total
Balance at May 1, 2013	$	1,720.3	$	1,034.6	$	—	$	298.0	$	3,052.9
Acquisitions		22.8		—		—		29.3		52.1
Other		—		(2.4)		—		(4.4)		(6.8)

Balance at April 30, 2014	$	1,743.1	$	1,032.2	$	—	$	322.9	$	3,098.2
Acquisitions		(0.3)		47.9		2,810.3		60.9		2,918.8
Other		0.1		(2.5)		—		(4.8)		(7.2)

Balance at April 30, 2015	$	1,742.9	$	1,077.6	$	2,810.3	$	379.0	$	6,009.8

The amounts classified as other represent foreign currency exchange for the years ended April 30, 2015 and 2014.

The following table summarizes our other intangible assets and related accumulated amortization and impairment charges, including foreign currency exchange.


	April 30, 2015						April 30, 2014
	Acquisition Cost		Accumulated Amortization/ Impairment Charges/ Foreign Currency Exchange		Net		Acquisition Cost		Accumulated Amortization/ Impairment Charges/ Foreign Currency Exchange		Net
Finite-lived intangible assets subject to amortization:
Customer and contractual relationships	$	3,733.9	$	477.9	$	3,256.0	$	1,436.2	$	392.6	$	1,043.6
Patents and technology		169.0		74.8		94.2		164.5		61.9		102.6
Trademarks		328.0		47.6		280.4		70.0		36.5		33.5

Total intangible assets subject to amortization	$	4,230.9	$	600.3	$	3,630.6	$	1,670.7	$	491.0	$	1,179.7

Indefinite-lived intangible assets not subject to amortization:
Trademarks	$	3,338.0	$	18.3	$	3,319.7	$	1,858.9	$	14.3	$	1,844.6

Total other intangible assets	$	7,568.9	$	618.6	$	6,950.3	$	3,529.6	$	505.3	$	3,024.3

Amortization expense for finite-lived intangible assets was $110.3, $98.7, and $96.6 in 2015, 2014, and 2013, respectively. The weighted-average useful lives of the customer and contractual relationships, patents and technology, and trademarks are 23 years, 13 years, and 15 years, respectively. The weighted-average useful life of total finite-lived intangible assets is 22 years. Based on the amount of intangible assets subject to amortization at April 30, 2015, including the amortization for Big Heart based on the preliminary purchase price allocation, the estimated amortization expense is $212.2 for 2016, $211.5 for 2017, $209.1 for 2018, $208.9 for 2019, and $207.4 for 2020.

We review goodwill and other indefinite-lived intangible assets at least annually for impairment. The annual impairment review was performed as of February 1, 2015. Goodwill impairment is tested at the reporting unit level. At February 1, 2015, we had six reporting units. No goodwill impairment was recognized as a result of the annual evaluation performed as of February 1, 2015. The estimated fair value of each reporting unit and material other indefinite-lived intangible asset was substantially in excess of its carrying value as of the annual test date. An immaterial nonrecurring fair value adjustment was recognized in 2015 and included in amortization on the Statement of Consolidated Income.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Debt and Financing Arrangements

12 Months Ended

Apr. 30, 2015

Debt and Financing Arrangements [Abstract]

Debt and Financing Arrangements

NOTE 6

DEBT AND FINANCING ARRANGEMENTS

In April 2015, the FASB issued ASU 2015-03, Interest – Imputation of Interest (Subtopic 835-30) Simplifying the Presentation of Debt Issuance Costs. ASU 2015-03 requires debt issuance costs to be presented in the balance sheet as a direct deduction from the carrying amount of the related debt. ASU 2015-03 is effective for us on May 1, 2016, but we have elected early adoption. As of April 30, 2015, we have reclassified debt issuance costs associated with our long-term debt from other noncurrent assets to long-term debt. Prior year amounts have been reclassified to conform to the current year classification in accordance with ASU 2015-03, resulting in an adjustment to long-term debt of $6.7 for the year ended April 30, 2014.

Long-term debt consists of the following:


	April 30, 2015				April 30, 2014
	Principal Outstanding		Carrying Amount		Principal Outstanding		Carrying Amount
4.78% Senior Notes due June 1, 2014	$	—	$	—	$	100.0	$	100.0
6.12% Senior Notes due November 1, 2015		—		—		24.0		24.0
6.63% Senior Notes due November 1, 2018		—		—		376.0		391.4
3.50% Senior Notes due October 15, 2021		750.0		796.0		750.0		758.8
5.55% Senior Notes due April 1, 2022		—		—		300.0		299.2
4.50% Senior Notes due June 1, 2025		—		—		400.0		399.7
1.75% Senior Notes due March 15, 2018		500.0		496.9		—		—
2.50% Senior Notes due March 15, 2020		500.0		494.3		—		—
3.00% Senior Notes due March 15, 2022		400.0		395.3		—		—
3.50% Senior Notes due March 15, 2025		1,000.0		991.9		—		—
4.25% Senior Notes due March 15, 2035		650.0		641.8		—		—
4.38% Senior Notes due March 15, 2045		600.0		583.8		—		—
Term Loan Credit Agreement due March 23, 2020		1,550.0		1,544.9		—		—

Total long-term debt	$	5,950.0	$	5,944.9	$	1,950.0	$	1,973.1
Current portion of long-term debt		—		—		100.0		100.0

Total long-term debt, less current portion	$	5,950.0	$	5,944.9	$	1,850.0	$	1,873.1

On June 1, 2014, we repaid $100.0 related to the 4.78 percent Senior Notes as scheduled.

On March 2, 2015, we entered into a $3.8 billion 364-day senior unsecured Bridge Term Loan Credit Agreement (“Bridge Loan”) as committed financing for the Big Heart acquisition as disclosed in Note 2: Acquisitions. No balances were drawn against this facility as alternate permanent financing was obtained to finance the acquisition. Included in other debt costs on the Statement of Consolidated Income at April 30, 2015, was $21.5 related to financing fees associated with the Bridge Loan. This facility was terminated on March 20, 2015.

Also on March 2, 2015, we entered into a senior unsecured delayed-draw Term Loan Credit Agreement (“Term Loan”) with a syndicate of banks and an available commitment amount of $1.8 billion. The full amount of the Term Loan was drawn on March 23, 2015, to partially finance the Big Heart acquisition. The Term Loan included $5.2 of capitalized debt issuance costs to be amortized to interest expense over the time for which the debt is outstanding. Borrowings under the Term Loan bear interest on the prevailing U.S. Prime Rate or London Interbank Offered Rate (“LIBOR”), based on our election, and is payable either on a quarterly basis or at the end of the borrowing term. The weighted-average interest rate on the Term Loan at April 30, 2015, was 1.53 percent. The Term Loan requires quarterly amortization payments of 2.5 percent of the original principal amount starting in the third quarter of 2016. Voluntary prepayments are permitted without premium or penalty and are applied to the schedule of required quarterly minimum payment obligations in direct order of maturity. As of April 30, 2015, we have prepaid $200.0 on the Term Loan, and therefore no additional payments are required until January 31, 2017.

On March 20, 2015, we completed an offering of $3.7 billion in Senior Notes due beginning March 15, 2018 through March 15, 2045. The Senior Notes included $46.4 of capitalized debt issuance costs and offering discounts to be amortized to interest expense over the time for which the debt is outstanding. As part of the Big Heart acquisition, we assumed $1.7 billion in debt related to Big Heart’s senior secured term loan agreement and $0.9 billion in debt related to their 7.625 percent senior notes. We repaid these obligations upon completion of the acquisition. The proceeds from the offering, along with the Term Loan, were used to partially finance the Big Heart acquisition, pay off the debt assumed as part of the Big Heart acquisition, and prepay our privately placed Senior Notes. The prepayment of our Senior Notes resulted in a principal prepayment of $1.1 billion and $163.3 of related make-whole payments. Other debt costs of $173.3 on the Statement of Consolidated Income consist primarily of make-whole payments and Bridge Loan financing fees, offset by the write-off of the remaining fair value interest rate swap gain.

All of our Senior Notes outstanding at April 30, 2015, are unsecured and interest is paid semiannually. There are no required scheduled principal payments on our Senior Notes. We may prepay at any time all or part of the Senior Notes at 100 percent of the principal amount thereof, together with the accrued and unpaid interest, and any applicable make-whole amount.

In February 2015, we entered into a series of forward-starting interest rate swaps to partially hedge the risk of an increase in the benchmark interest rate during the period leading up to the anticipated issuance of our long-term Senior Notes. The interest rate swaps were designated as cash flow hedges with an aggregate notional amount of $1.1 billion. On March 12, 2015, in conjunction with the pricing of the series of Senior Notes, we terminated the interest rate swaps prior to maturity. The termination resulted in a net loss of $4.0, which will be amortized over the life of the remaining debt. For additional information, see Note 8: Derivative Financial Instruments.

During the second quarter of 2015, we entered into a commercial paper program under which we can issue short-term, unsecured commercial paper not to exceed $1.0 billion at any time. The commercial paper program is backed by our revolving credit facility and reduces what we can borrow under the revolving credit facility by the amount of commercial paper outstanding. Commercial paper will be used as a continuing source of short-term financing for general corporate purposes. As of April 30, 2015, we had $226.0 of short-term borrowings outstanding, all of which were issued under our commercial paper program at a weighted-average interest rate of 0.45 percent.

We have available a $1.5 billion revolving credit facility with a group of 11 banks that matures in September 2018. Borrowings under the revolving credit facility bear interest based on the prevailing U.S. Prime Rate, Canadian Base Rate, LIBOR, or Canadian Dealer Offered Rate, based on our election. Interest is payable either on a quarterly basis or at the end of the borrowing term. During 2015, we amended this credit facility to alter the financial covenant restrictions and provide financial flexibility for the Big Heart acquisition. At April 30, 2015, we did not have a balance outstanding under the revolving credit facility.

During 2014, we entered into an interest rate swap, with a notional amount of $750.0, on the 3.50 percent Senior Notes due October 15, 2021, converting the Senior Notes from a fixed- to a variable-rate basis. The interest rate swap was designated as a fair value hedge of the underlying debt obligation. On January 16, 2015, we terminated the interest rate swap agreement prior to maturity. As a result of the early termination, we received $58.1 in cash, which included $4.6 of accrued and prepaid interest and a $53.5 benefit that is deferred as a component of the carrying value of the long-term debt and will be recognized ratably as a reduction to future interest expense over the remaining life of the related debt. At April 30, 2015, the remaining benefit of $51.3 was recorded as an increase in the long-term debt balance. The fair value adjustment of the interest rate swap at April 30, 2014, was $14.9 and was also recorded as an increase in the long-term debt balance. For additional information, see Note 8: Derivative Financial Instruments.

Interest paid totaled $92.3, $83.3, and $97.7 in 2015, 2014, and 2013, respectively. This differs from interest expense due to the timing of payments, amortization of fair value swap adjustments, effect of the interest rate swap, amortization of debt issuance costs, and capitalized interest.

Our debt instruments contain certain financial covenant restrictions, including a leverage ratio and an interest coverage ratio. We are in compliance with all covenants.

Pensions and Other Postretirement Benefits

12 Months Ended

Apr. 30, 2015

Pensions and Other Postretirement Benefits [Abstract]

Pensions and Other Postretirement Benefits

NOTE 7

PENSIONS AND OTHER POSTRETIREMENT BENEFITS

We have defined benefit pension plans covering certain U.S. and Canadian employees, including the recently acquired pension and other postretirement plans of Big Heart, as discussed in Note 2: Acquisitions. Pension benefits are based on the employee’s years of service and compensation levels. Our plans are funded in conformity with the funding requirements of applicable government regulations.

In addition to providing pension benefits, we sponsor several unfunded postretirement plans that provide health care and life insurance benefits to certain retired U.S. and Canadian employees. These plans are contributory, with retiree contributions adjusted periodically, and contain other cost-sharing features, such as deductibles and coinsurance. Covered employees generally are eligible for these benefits when they reach age 55 and have attained 10 years of credited service.

During 2013, a portion of our terminated pension participants received lump-sum cash settlements in order to reduce our future pension obligation and administrative costs. The charges related to the lump-sum cash settlements are included below in settlement loss and were reported in other special project costs in the Statement of Consolidated Income for the year ended April 30, 2013. The lump-sum offerings in 2013 concluded the pension settlement special project cost activities.

The following table summarizes the components of net periodic benefit cost and the change in accumulated other comprehensive loss related to the defined benefit pension and other postretirement plans.

	Defined Benefit Pension Plans						Other Postretirement Benefits
Year Ended April 30,	2015		2014		2013		2015		2014		2013
Service cost	$	9.0	$	8.7	$	8.8	$	2.3	$	2.3	$	2.5
Interest cost		23.2		21.8		23.9		2.4		2.3		3.0
Expected return on plan assets		(25.6)		(25.4)		(25.3)		—		—		—
Amortization of prior service cost (credit)		1.0		1.2		1.0		(1.1)		(1.1)		(0.4)
Amortization of net actuarial loss (gain)		10.0		13.2		13.1		(0.1)		—		—
Settlement loss		3.5		—		6.7		—		—		—

Net periodic benefit cost	$	21.1	$	19.5	$	28.2	$	3.5	$	3.5	$	5.1


Other changes in plan assets and benefit liabilities recognized in accumulated other comprehensive loss before income taxes:
Prior service (cost) credit arising during the year	$	(0.3)	$	—	$	(4.0)	$	—	$	1.7	$	9.6
Net actuarial (loss) gain arising during the year		(23.7)		19.3		(20.5)		1.6		7.5		(4.5)
Amortization of prior service cost (credit)		1.0		1.2		1.0		(1.1)		(1.1)		(0.4)
Amortization of net actuarial loss (gain)		10.0		13.2		13.1		(0.1)		—		—
Curtailment loss		—		—		2.0		—		—		—
Settlement loss		3.5		—		6.7		—		—		—
Foreign currency translation		2.7		2.9		0.9		—		—		—

Net change for year	$	(6.8)	$	36.6	$	(0.8)	$	0.4	$	8.1	$	4.7


Weighted-average assumptions used in determining net periodic benefit costs:
U.S. plans:
Discount rate	4.42	%	3.99	%	4.70	%	4.27	%	3.80	%	4.70	%
Expected return on plan assets	6.72		6.75		7.00		—		—		—
Rate of compensation increase	4.13		4.13		4.12		—		—		—
Canadian plans:
Discount rate	4.11	%	3.65	%	4.20	%	4.10	%	3.70	%	4.20	%
Expected return on plan assets	5.64		5.78		6.17		—		—		—
Rate of compensation increase	3.00		3.00		4.00		—		—		—

We amortize gains and losses for our postretirement plans over the average expected future period of vested service. For plans that consist of less than five percent of participants that are active, average life expectancy is used instead of the average expected useful service period.

We use a measurement date of April 30 to determine defined benefit pension and other postretirement benefit plans’ assets and benefit obligations. The following table sets forth the combined status of the plans as recognized in the Consolidated Balance Sheets.


	Defined Benefit Pension Plans				Other Postretirement Benefits
April 30,	2015		2014		2015		2014
Change in benefit obligation:
Benefit obligation at beginning of year	$	542.3	$	575.7	$	58.5	$	67.1
Service cost		9.0		8.7		2.3		2.3
Interest cost		23.2		21.8		2.4		2.3
Amendments		0.3		—		—		(1.7)
Actuarial loss (gain)		39.8		(19.7)		(1.6)		(7.5)
Participant contributions		0.1		0.1		0.7		1.2
Benefits paid		(31.8)		(34.2)		(4.4)		(3.5)
Foreign currency translation adjustments		(10.6)		(10.1)		(1.1)		(1.1)
Settlement		(8.6)		—		—		—
Acquisition		176.7		—		18.9		—
Other adjustments		—		—		0.1		(0.6)

Benefit obligation at end of year	$	740.4	$	542.3	$	75.8	$	58.5

Change in plan assets:
Fair value of plan assets at beginning of year	$	402.1	$	410.7	$	—	$	—
Actual return on plan assets		41.7		25.0		—		—
Company contributions		15.7		9.4		3.7		2.3
Participant contributions		0.1		0.1		0.7		1.2
Benefits paid		(31.8)		(34.2)		(4.4)		(3.5)
Settlement		(8.6)		—		—		—
Acquisition		141.1		—		—		—
Foreign currency translation adjustments		(10.3)		(8.9)		—		—

Fair value of plan assets at end of year	$	550.0	$	402.1	$	—	$	—

Funded status of the plans	$	(190.4)	$	(140.2)	$	(75.8)	$	(58.5)

Defined benefit pensions	$	(188.9)	$	(135.7)	$	—	$	—
Other noncurrent assets		2.0		—		—		—
Accrued compensation		(3.5)		(4.5)		(1.2)		—
Postretirement benefits other than pensions		—		—		(74.6)		(58.5)

Net benefit liability	$	(190.4)	$	(140.2)	$	(75.8)	$	(58.5)

The following table summarizes amounts recognized in accumulated other comprehensive loss in the Consolidated Balance Sheets, before income taxes.


	Defined Benefit Pension Plans				Other Postretirement Benefits
April 30,	2015		2014		2015		2014
Net actuarial (loss) gain	$	(174.2)	$	(166.7)	$	6.9	$	5.3
Prior service (cost) credit		(4.2)		(4.9)		10.3		11.5

Total recognized in accumulated other comprehensive loss	$	(178.4)	$	(171.6)	$	17.2	$	16.8

During 2016, we expect to recognize amortization of net actuarial losses and prior service credit of $10.7 and $0.5, respectively, in net periodic benefit cost.

The following table sets forth the weighted-average assumptions used in determining the benefit obligations.


	Defined Benefit Pension Plans						Other Postretirement Benefits
April 30,	2015			2014			2015			2014
U.S. plans:
Discount rate		4.01	%		4.45	%		3.97	%		4.30	%
Rate of compensation increase		4.06			4.13			—			—
Canadian plans:
Discount rate		3.51	%		4.11	%		3.50	%		4.10	%
Rate of compensation increase		3.00			3.00			—			—

For 2016, the assumed health care trend rates are 7.5 percent and 5.0 percent for the U.S. and Canadian plans, respectively. The rate for participants under age 65 is assumed to decrease to 5.0 percent in 2026 and 4.5 percent in 2017 for the U.S. and Canadian plans, respectively. The health care cost trend rate assumption impacts the amount of the other postretirement benefits obligation and periodic other postretirement benefits cost reported. A one percentage point annual change in the assumed health care cost trend rate would have the following effect as of April 30, 2015:


	One Percentage Point
	Increase		Decrease
Effect on total service and interest cost components	$	0.1	$	0.1
Effect on benefit obligation		2.5		2.3

The following table sets forth selective information pertaining to our Canadian pension and other postretirement benefit plans, which is included in the consolidated information presented on pages 65 and 66.


	Defined Benefit Pension Plans				Other Postretirement Benefits
Year Ended April 30,	2015		2014		2015		2014
Benefit obligation at end of year	$	104.4	$	113.3	$	10.9	$	11.4
Fair value of plan assets at end of year		104.1		105.6		—		—

Funded status of the plans	$	(0.3)	$	(7.7)	$	(10.9)	$	(11.4)

Components of net periodic benefit cost:
Service cost	$	0.4	$	0.5	$	—	$	—
Interest cost		4.3		4.2		0.4		0.5
Expected return on plan assets		(5.6)		(5.8)		—		—
Amortization of net actuarial loss		0.9		1.3		—		—

Net periodic benefit cost	$	—	$	0.2	$	0.4	$	0.5

Changes in plan assets:
Company contributions	$	5.1	$	5.4	$	0.7	$	0.8
Participant contributions		0.1		0.1		—		—
Benefits paid		(8.4)		(8.6)		(0.7)		(0.8)
Actual return on plan assets		11.9		10.6		—		—
Foreign currency translation		(10.3)		(8.9)		—		—

The following table sets forth additional information related to our defined benefit pension plans.


	April 30,
	2015		2014
Accumulated benefit obligation for all pension plans	$	691.8	$	507.3
Plans with an accumulated benefit obligation in excess of plan assets:
Accumulated benefit obligation	$	481.6	$	507.3
Fair value of plan assets		337.8		402.1
Plans with a projected benefit obligation in excess of plan assets:
Projected benefit obligation	$	669.3	$	542.3
Fair value of plan assets		477.3		402.1

We employ a total return on investment approach for the defined benefit pension plans’ assets. A mix of equity, fixed-income, and alternative investments is used to maximize the long-term rate of return on assets for the level of risk. In determining the expected long-term rate of return on the defined benefit pension plans’ assets, we consider the historical rates of return, the nature of investments, the asset allocation, and expectations of future investment strategies. The actual rate of return was 11.6 percent and 6.9 percent for the years ended April 30, 2015 and 2014, respectively.

The following tables summarize the fair value of the major asset classes for the U.S. and Canadian defined benefit pension plans and the levels within the fair value hierarchy in which the fair value measurements fall.


	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value at April 30, 2015
Cash and cash equivalents (A)	$	4.6	$	—	$	—	$	4.6
Equity securities:
U.S. (B)		105.0		45.5		—		150.5
International (C)		81.0		24.5		—		105.5
Fixed-income securities:
Bonds (D)		151.3		—		—		151.3
Fixed income (E)		44.1		68.5		—		112.6
Other types of investments (F)		—		7.0		18.5		25.5

Total financial assets measured at fair value	$	386.0	$	145.5	$	18.5	$	550.0


	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value at April 30, 2014
Cash and cash equivalents (A)	$	2.0	$	—	$	—	$	2.0
Equity securities:
U.S. (B)		91.0		16.4		—		107.4
International (C)		72.3		12.4		—		84.7
Fixed-income securities:
Bonds (D)		148.2		—		—		148.2
Fixed income (E)		44.8		—		—		44.8
Other types of investments (F)		—		—		15.0		15.0

Total financial assets measured at fair value	$	358.3	$	28.8	$	15.0	$	402.1

(A)	This category includes money market holdings with maturities of three months or less and are classified as Level 1 assets. Based on the short-term nature of these assets, carrying value approximates fair value.

(B)

This category is invested primarily in a diversified portfolio of common stocks and index funds that invest in U.S. stocks with market capitalization ranges similar to those found in the S&P 500 Index and/or the various Russell Indexes and are traded on active exchanges. The Level 1 assets are valued using quoted market prices for identical securities in active markets. The Level 2 assets are pooled or common collective trust funds that consist of equity securities traded on active exchanges.

(C)

This category is invested primarily in common stocks and other equity securities traded on active exchanges whose issuers are located outside the U.S. The fund invests primarily in developed countries, but may also invest in emerging markets. The Level 1 assets are valued using quoted market prices for identical securities in active markets. The Level 2 assets are pooled or common collective trust funds that consist of equity securities traded on active exchanges.

(D)	This category is comprised of bond funds, which seek to duplicate the return characteristics of high-quality corporate bonds with a duration range of 10 to 13 years. The Level 1 assets are valued using quoted market prices for identical securities in active markets.

(E)

This category is comprised of fixed-income funds that invest primarily in government-related bonds of non-U.S. issuers and include investments in the Canadian market as well as emerging markets. The Level 1 assets are valued using quoted market prices for identical securities in active markets. Contained within the Level 2 assets is a Core Plus pool of funds investing primarily in high-yield, emerging market debt and global bonds, as well as an international bond fund which invests in fixed-income securities denominated in currencies other than U.S. dollars. The Level 2 assets are pooled or common collective trust funds that consist of fixed-income securities traded on active exchanges.

(F)

This category is comprised of a global alpha collective trust fund, a private limited investment partnership, and a private equity fund in 2015. In 2014, the category was comprised only of the private equity fund. The global alpha collective trust fund is comprised of U.S. and global equity and fixed-income securities inclusive of derivatives within the asset mix. This collective trust fund is classified as a Level 2 asset, whereby the underlying securities are valued utilizing quoted market prices for identical securities in active markets. The private investment limited partnership is classified as a Level 3 asset. The investments in the partnership are valued at estimated fair value based on audited financial statements received from the general partner. The private equity fund consists primarily of limited partnership interests in corporate finance and venture capital funds. The private equity fund is classified as a Level 3 asset and is valued based on the fund’s net asset value (“NAV”). NAV is calculated based on the estimated fair value of the underlying investment funds within the portfolio and is corroborated by our review. The private equity fund and private investment limited partnership cannot be redeemed and the return of principal is based on the liquidation of the underlying assets.

The following table presents a rollforward of activity for Level 3 assets.


	2015		2014
Balance at May 1,	$	15.0	$	15.0
Big Heart pension assets acquired		2.8		—
Actual return on plan assets still held at reporting date		0.7		—

Balance at April 30,	$	18.5	$	15.0

The current investment policy is to invest 50 percent of assets in both equity securities and fixed-income securities. Included in equity securities were 317,552 of our common shares at April 30, 2015. The total market value of these shares was $36.8 at April 30, 2015. We paid dividends of $0.8 on these shares during 2015.

We expect to contribute approximately $3.5 to the defined benefit pension plans in 2016. We expect the following payments to be made from the defined benefit pension and other postretirement benefit plans: $49.9 in 2016, $51.0 in 2017, $56.6 in 2018, $53.5 in 2019, $60.2 in 2020, and $304.0 in 2021 through 2025.

As a result of the Big Heart acquisition we now participate in one multi-employer pension plan, the Bakery and Confectionery Union and Industry International Pension Fund (“Bakery and Confectionery Union Fund”) (52-6118572), which provides defined benefits to certain union employees. During 2015, a total of $1.7 was contributed to the plan, of which $0.1 was contributed since acquisition and was recognized in the Statement of Consolidated Income.

The risks of participating in multi-employer pension plans are different from the risks of participating in single-employer pension plans in the following respects: the assets contributed to the multi-employer plan by one employer may be used to provide benefits to employees of other participating employers; if a participating employer stops contributing to the plan, the unfunded obligations of the plan allocable to the withdrawing employer may be the responsibility of the remaining participating employers; and, if we stop participating in the multi-employer pension plan, we may be required to pay the plan an amount based on our allocable share of the underfunded status of the plan, referred to as a withdrawal liability.

The Pension Protection Act of 2006 ranks the funded status of multi-employer pension plans depending upon a plan’s current and projected funding. A plan is in the Red Zone (Critical) if it has a current funded percentage less than 65 percent. A plan is in the Yellow Zone (Endangered) if it has a current funded percentage of less than 80 percent, or projects a credit balance deficit within seven years. A plan is in the Green Zone (Healthy) if it has a current funded percentage greater than 80 percent and does not have a projected credit balance deficit within seven years. The zone status is based on the plan’s year end, not our fiscal year end. The zone status is based on information that we received from the plan and is certified by the plan’s actuary. During calendar year 2014, the Bakery and Confectionery Union Fund was in Red Zone status. Although the current funding status as of calendar year 2014 was 65.1 percent, the plan’s actuary concluded that the funding status is more likely than not to fall below 65 percent within the next five years and has classified the Bakery and Confectionery Union Fund in Red Zone status. A funding improvement plan or rehabilitation plan has been implemented.

Derivative Financial Instruments

12 Months Ended

Apr. 30, 2015

Derivative Financial Instruments [Abstract]

Derivative Financial Instruments

NOTE 8

DERIVATIVE FINANCIAL INSTRUMENTS

We are exposed to market risks, such as changes in commodity prices, foreign currency exchange rates, and interest rates. To manage the volatility related to these exposures, we enter into various derivative transactions. We have policies in place that define acceptable instrument types we may enter into and establish controls to limit our market risk exposure.

Commodity Price Management: We enter into commodity futures and options contracts to manage the price volatility and reduce the variability of future cash flows related to anticipated inventory purchases of key raw materials, notably green coffee, edible oils, corn, and wheat. We also enter into commodity futures and options contracts to manage price risk for energy input costs, including natural gas and diesel fuel. Our derivative instruments generally have maturities of less than one year.

Effective May 1, 2014, we elected to no longer qualify commodity derivatives for hedge accounting treatment and, as a result, the derivative gains and losses are immediately recognized in earnings. Prior to 2015, certain of our derivative instruments met the hedge criteria and were accounted for as cash flow hedges. The mark-to-market gains and losses on qualifying hedges were deferred and included as a component of accumulated other comprehensive loss to the extent effective, and reclassified to cost of products sold in the period during which the hedged transaction affected earnings. Cash flows related to qualifying hedges are classified consistently with the cash flows from the hedged item in the Statements of Consolidated Cash Flows. Although we no longer perform the assessments required to achieve hedge accounting for derivative positions, we believe all of our commodity derivatives are economic hedges of our risk exposure.

The commodities hedged have a high inverse correlation to price changes of the derivative commodity instrument. Thus, we would expect that over time any gain or loss in the estimated fair value of the derivatives would generally be offset by an increase or decrease in the estimated fair value of the underlying exposures.

Foreign Currency Exchange Rate Hedging: We utilize foreign currency forwards and options contracts to manage the effect of foreign currency exchange fluctuations on future cash payments in Canada, primarily related to purchases of certain raw materials and finished goods. The contracts generally have maturities of less than one year.

Effective May 1, 2014, we elected to no longer qualify instruments used to manage foreign currency exchange exposures for hedge accounting treatment. Prior to 2015, instruments used to manage foreign currency exchange exposures did not qualify for hedge accounting treatment and the change in value of these instruments was immediately recognized in cost of products sold.

Interest Rate Hedging: We utilize derivative instruments to manage changes in the fair value of our debt. Interest rate swaps mitigate the risk associated with the underlying hedged item. At the inception of the contract, the instrument is evaluated and documented for hedge accounting treatment. If the contract is designated as a cash flow hedge, the mark-to-market gains or losses on the swap are deferred and included as a component of accumulated other comprehensive loss to the extent effective, and reclassified to interest expense in the period during which the hedged transaction affects earnings. If the contract is designated as a fair value hedge, the swap would be recognized at fair value on the balance sheet and changes in the fair value would be recognized in interest expense. Generally, changes in the fair value of the derivative are equal to changes in the fair value of the underlying debt and have no impact on earnings.

On February 24, 2015, we entered into a series of forward-starting interest rate swaps to hedge a portion of the interest rate risk related to our anticipated issuance of Senior Notes. The notional hedged amount was $1.1 billion, with expected maturity tenors of 10, 20, and 30 years. The swap agreements were designated as cash flow hedges, where changes in fair value are recorded in other comprehensive (loss) income. On March 12, 2015, in conjunction with the pricing of the Senior Notes, we terminated the interest rate swaps prior to maturity. The termination resulted in a net loss of $4.0, which will be amortized over the life of the remaining debt as an increase to interest expense and approximately $0.2 per year will be recognized beginning in 2026 through 2045. For additional information, see Note 6: Debt and Financing Arrangements.

During 2014, we entered into an interest rate swap on the 3.50 percent Senior Notes due October 15, 2021, which was designated as a fair value hedge and used to hedge against the changes in the fair value of the debt. We received cash flows from the counterparty at a fixed rate and paid the counterparty variable rates based on LIBOR. On January 16, 2015, we terminated the interest rate swap on the 3.50 percent Senior Notes prior to maturity. As a result of the early termination, we received $58.1 in cash, which included $4.6 of accrued and prepaid interest. The remaining benefit was deferred and will be recognized over the remaining life of the underlying debt as a reduction of future interest expense and will be recognized as follows: $7.4 in 2016, $7.6 in 2017, $7.8 in 2018, $8.0 in 2019, $8.1 in 2020, $8.4 in 2021, and $4.0 in 2022. For additional information, see Note 6: Debt and Financing Arrangements.

The following table sets forth the gross fair value of derivative instruments recognized in the Consolidated Balance Sheets.


	April 30, 2015								April 30, 2014
	Other Current Assets		Other Current Liabilities		Other Noncurrent Assets		Other Noncurrent Liabilities		Other Current Assets		Other Current Liabilities		Other Noncurrent Liabilities
Derivatives designated as hedging instruments:
Commodity contracts	$	—	$	—	$	—	$	—	$	23.4	$	10.9	$	—
Interest rate contract		—		—		—		—		18.0		—		3.1

Total derivatives designated as hedging instruments	$	—	$	—	$	—	$	—	$	41.4	$	10.9	$	3.1

Derivatives not designated as hedging instruments:
Commodity contracts	$	6.4	$	23.9	$	0.2	$	3.8	$	11.6	$	5.8	$	—
Foreign currency exchange contracts		4.8		1.0		—		—		1.4		0.7		—

Total derivatives not designated as hedging instruments	$	11.2	$	24.9	$	0.2	$	3.8	$	13.0	$	6.5	$	—

Total derivative instruments	$	11.2	$	24.9	$	0.2	$	3.8	$	54.4	$	17.4	$	3.1

We have elected to not offset fair value amounts recognized for our exchange-traded commodity derivative instruments and our cash margin accounts executed with the same counterparty that are generally subject to enforceable netting agreements. We are required to maintain cash margin accounts in connection with funding the settlement of our open positions. At April 30, 2015 and 2014, we maintained cash margin account balances of $38.2 and $8.1, respectively, included in other current assets in the Consolidated Balance Sheets. The change in the cash margin account balances is included in other – net, investing activities in the Statements of Consolidated Cash Flows. In the event of default and immediate net settlement of all of our open positions with individual counterparties, all of our derivative liabilities would be fully offset by either our derivative asset positions or margin accounts based on the net asset or liability position with our individual counterparties.

The following table presents information on pre-tax commodity contract net gains and losses recognized on derivatives designated as cash flow hedges prior to May 1, 2014, and pre-tax losses related to the termination of interest rate swaps.


	Year Ended April 30,
	2015		2014
(Losses) gains recognized in other comprehensive (loss) income (effective portion)	$	(4.0)	$	21.0
Gains (losses) reclassified from accumulated other comprehensive loss to cost of products sold (effective portion)		29.1		(20.3)
Losses reclassified from accumulated other comprehensive loss to interest expense (effective portion)		(0.6)		(0.6)

Change in accumulated other comprehensive loss	$	(32.5)	$	41.9

Gains recognized in cost of products sold (ineffective portion)	$	—	$	1.4
Losses recognized in interest expense (ineffective portion)	$	(0.1)	$	—

Due to our election to no longer qualify commodity derivatives for hedge accounting treatment, there was no remaining balance in accumulated other comprehensive loss at April 30, 2015. Included as a component of accumulated other comprehensive loss at April 30, 2014, was a deferred pre-tax net gain of $29.1 related to commodity contracts. The related tax expense recognized in accumulated other comprehensive loss was $10.8 at April 30, 2014.

Also included as a component of accumulated other comprehensive loss at April 30, 2015 and 2014, were deferred pre-tax losses of $8.2 and $4.8, respectively, related to the termination of interest rate swaps. The related tax benefit recognized in accumulated other comprehensive loss was $2.9 and $1.7 at April 30, 2015 and 2014, respectively. Approximately $0.6 of the pre-tax loss will be recognized over the next 12 months.

The following table presents the net gains and losses recognized in cost of products sold on derivatives not designated as qualified hedging instruments.


	Year Ended April 30,
	2015		2014
(Losses) gains on commodity contracts	$	(48.5)	$	5.2
Gains on foreign exchange contracts		8.8		3.3

Total (losses) gains recognized in costs of products sold	$	(39.7)	$	8.5

Commodity and foreign currency exchange derivative gains and losses are reported in unallocated derivative gains and losses outside of segment operating results until the related inventory is sold. At that time, we reclassify the hedge gains and losses from unallocated derivative gains and losses to segment profit, allowing our segments to realize the economic effect of the hedge without experiencing any mark-to-market volatility. The following table presents the activity in unallocated derivative gains and losses.


	Year Ended April 30,
	2015		2014
Net (losses) gains on mark-to-market valuation of unallocated derivative positions	$	(39.7)	$	8.5
Net losses (gains) on derivative positions reclassified to segment operating profit		15.2		(3.2)

Net mark-to-market valuation of certain derivative positions recognized in unallocated (losses) gains	$	(24.5)	$	5.3

The net cumulative unallocated derivative losses at April 30, 2015, was $20.4, including net realized losses of $13.9.

The following table presents the gross contract notional value of outstanding derivative contracts.


	Year Ended April 30,
	2015		2014
Commodity contracts	$	640.6	$	790.3
Foreign currency exchange contracts		136.4		158.1
Interest rate contract		—		750.0

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

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+ Details

Other Financial Instruments and Fair Value Measurements

12 Months Ended

Apr. 30, 2015

Other Financial Instruments and Fair Value Measurements [Abstract]

Other Financial Instruments and Fair Value Measurements

NOTE 9

OTHER FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS

Financial instruments, other than derivatives, that potentially subject us to significant concentrations of credit risk consist principally of cash investments, short-term borrowings, and trade receivables. The carrying value of these financial instruments approximates fair value. With respect to trade receivables, we believe there is no concentration of risk with any single customer whose failure or nonperformance would materially affect our results other than as discussed in Note 3: Reportable Segments. We do not require collateral from our customers. Our other financial instruments, with the exception of long-term debt, are recognized at estimated fair value in the Consolidated Balance Sheets.

The following table provides information on the carrying amount and fair value of our financial instruments.


	April 30, 2015				April 30, 2014
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Other investments	$	48.4	$	48.4	$	55.4	$	55.4
Derivative financial instruments - net		(17.3)		(17.3)		33.9		33.9
Long-term debt		(5,944.9)		(6,011.3)		(1,973.1)		(2,239.1)

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Valuation techniques are based on observable and unobservable inputs. Observable inputs reflect readily obtainable data from independent sources, while unobservable inputs reflect our market assumptions.

The following tables summarize the fair values and the levels within the fair value hierarchy in which the fair value measurements fall for our financial instruments.


	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value at April 30, 2015
Other investments: ^(A)
Equity mutual funds	$	9.7	$	—	$	—	$	9.7
Municipal obligations		—		37.9		—		37.9
Money market funds		0.8		—		—		0.8
Derivatives: ^(B)
Commodity contracts - net		(12.4)		(8.7)		—		(21.1)
Foreign currency exchange contracts - net		(0.2)		4.0		—		3.8
Long-term debt ^(C)		(4,459.0)		(1,552.3)		—		(6,011.3)

Total financial instruments measured at fair value	$	(4,461.1)	$	(1,519.1)	$	—	$	(5,980.2)


	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value at April 30, 2014
Other investments: ^(A)
Equity mutual funds	$	12.0	$	—	$	—	$	12.0
Municipal obligations		—		34.4		—		34.4
Money market funds		9.0		—		—		9.0
Derivatives: ^(B)
Commodity contracts - net		13.5		4.8		—		18.3
Foreign currency exchange contracts - net		—		0.7		—		0.7
Interest rate contract - net		—		14.9		—		14.9
Long-term debt ^(C)		(772.0)		(1,467.1)		—		(2,239.1)

Total financial instruments measured at fair value	$	(737.5)	$	(1,412.3)	$	—	$	(2,149.8)

(A)

Other investments consist of funds maintained for the payment of benefits associated with nonqualified retirement plans. The funds include equity securities listed in active markets, municipal obligations valued by a third party using valuation techniques that utilize inputs that are derived principally from or corroborated by observable market data, and money market funds with maturities of three months or less. Based on the short-term nature of these money market funds, carrying value approximates fair value. As of April 30, 2015, our municipal obligations are scheduled to mature as follows: $0.9 in 2016, $1.3 in 2017, $1.1 in 2018, $3.0 in 2019, and the remaining $31.6 in 2020 and beyond. For additional information, see Marketable Securities and Other Investments in Note 1: Accounting Policies.

(B)

Level 1 commodity contract and foreign currency exchange derivatives are valued using quoted market prices for identical instruments in active markets. Level 2 commodity contract and foreign currency exchange derivatives are valued using quoted prices for similar assets or liabilities in active markets. The Level 2 interest rate contract derivative is valued using the income approach, observable Level 2 market expectations at the measurement date, and standard valuation techniques to convert future amounts to a single discounted present value. Level 2 inputs for the interest rate contract are limited to quoted prices for similar assets or liabilities in active markets and inputs other than quoted prices that are observable for the asset or liability. For additional information, see Note 8: Derivative Financial Instruments.

(C)

Long-term debt is comprised of $750.0 in public Senior Notes and the $3.7 billion Senior Notes issued in 2015 classified as Level 1 and the Term Loan classified as Level 2 in 2015. Long-term debt is comprised of public Senior Notes classified as Level 1 and private Senior Notes classified as Level 2 in 2014. The public Senior Notes are traded in an active secondary market and valued using quoted prices. The value of the private Senior Notes and Term Loan are based on the net present value of each interest and principal payment calculated, utilizing an interest rate derived from a fair market yield curve for private Senior Notes or an estimated yield curve obtained from independent pricing sources for similar types of term loan borrowing arrangements. For additional information, see Note 6: Debt and Financing Arrangements.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Share-Based Payments

12 Months Ended

Apr. 30, 2015

Share-Based Payments [Abstract]

Share-Based Payments

NOTE 10

SHARE-BASED PAYMENTS

We provide for equity-based incentives to be awarded to key employees and non-employee directors. Currently, these incentives consist of restricted shares, restricted stock units (which may also be referred to as deferred stock units), performance units, and stock options. These awards are administered primarily through the 2010 Equity and Incentive Compensation Plan approved by our shareholders in August 2010. Awards under this plan may be in the form of stock options, stock appreciation rights, restricted shares, restricted stock units, performance shares, performance units, incentive awards, and other share-based awards. Awards under this plan may be granted to our non-employee directors, consultants, officers, and other employees. Deferred stock units granted to non-employee directors vest immediately and, along with dividends credited on those deferred stock units, are paid out in the form of common shares upon termination of service as a non-employee director. At April 30, 2015, there were 5,820,288 shares available for future issuance under this plan.

Under the 2010 Equity and Incentive Compensation Plan, we have the option to settle share-based awards by issuing common shares from treasury, issuing new Company common shares, or issuing a combination of common shares from treasury and new Company common shares.

Stock Options: During 2015, we granted 955,000 stock options under the 2010 Equity and Incentive Compensation Plan. The options vest over a period of one to three years dependent on the continued service of the option holder, as well as the achievement of performance objectives established on the grant date. The exercise price of all options granted is equal to the market value of the shares on the date of grant. All options granted during 2015 have a contractual term of 10 years.

The fair value of each option is estimated on the date of grant using a Black-Scholes option-pricing model with the following weighted-average assumptions for stock options granted:


	2015
Expected volatility (%)		25.0	%
Dividend Yield (%)		2.2	%
Risk-free interest rate (%)		1.5	%
Expected life of stock option (years)		5.6

Expected volatility was calculated in accordance with the provisions of FASB ASC 718, Compensation – Stock Compensation, based on consideration of both historical and implied volatilities. The expected life of a stock option represents the period from the grant date through the expected exercise date of the option. This was calculated using a simplified method whereby the midpoint between the vesting date and the end of the contractual term is utilized to compute the expected term. A simplified method was used in this calculation given the change in demographics since our last stock option issuance in 2005; therefore, we expect that the exercise patterns under this grant will be different from those under previous stock option grants.

The following table is a summary of our option activity.


	Number of Options		Weighted-Average Exercise Price
Outstanding at May 1, 2014		33,667	$	44.50
Granted		955,000		112.59
Exercised		31,667		44.29

Outstanding at April 30, 2015		957,000	$	112.45
Exercisable at April 30, 2015		2,000	$	47.78

The average remaining contractual term for options outstanding and exercisable at April 30, 2015, are 9.9 and 0.3 years, respectively. The aggregate intrinsic value of options outstanding and exercisable at April 30, 2015, are $3.3 and $0.1, respectively. The options granted in 2015 have a weighted-average grant date fair value of $21.68 per option. No options were granted in 2014 and 2013. The total intrinsic value of options exercised was $1.9, $0.8, and $3.4 for 2015, 2014, and 2013, respectively. The closing market price of our common stock on the last trading day of 2015 was $115.92 per share.

For options granted during 2015, compensation cost will be recognized ratably over the service period for each vesting tranche from the grant date through the end of the requisite service period to the extent the performance objectives are likely to be achieved. Compensation cost for stock option awards totaled $1.2 for the year ended April 30, 2015, and was included in other special project costs in the Statement of Consolidated Income. No compensation cost was incurred during 2014 and 2013. The tax benefit related to the stock option expense for 2015 was $0.4. At April 30, 2015, we had $18.5 of total unrecognized compensation expense, net of estimated forfeitures, related to stock options that will be recognized over a weighted-average period of 2.0 years.

Cash received from option exercises for the years ended April 30, 2015, 2014, and 2013 was $0.8, $0.5, and $2.2, respectively.

Other Equity Awards: The following table is a summary of our restricted shares, deferred stock units, and performance units.


	Restricted Shares and Deferred Stock Units		Weighted-Average Grant Date Fair Value		Performance Units		Weighted-Average Conversion Date Fair Value
Outstanding at May 1, 2014		839,188	$	76.54		101,020	$	104.91
Granted		109,091		104.82		75,848		111.41
Converted		101,020		104.91		(101,020)		104.91
Vested		(416,328)		68.59		—		—
Forfeited		(36,082)		90.65		—		—

Outstanding at April 30, 2015		596,889	$	91.21		75,848	$	111.41

The weighted-average grant date fair value of equity awards other than stock options that vested in 2015, 2014, and 2013 was $28.6, $20.8, and $11.8, respectively. The vesting date fair value of equity awards other than stock options that vested in 2015, 2014, and 2013 was $43.4, $40.2, and $15.4, respectively. The weighted-average grant date fair value of restricted shares and deferred stock units is the average of the high and the low share price on the date of grant. The weighted-average conversion date fair value of performance units is the average of the high and the low share price on the date of conversion to restricted shares. The following table summarizes the weighted-average fair values of the equity awards granted in 2015, 2014, and 2013.


Year Ended April 30,	Restricted Shares and Deferred Stock Units		Weighted-Average Grant Date Fair Value		Performance Units		Weighted-Average Conversion Date Fair Value
2015		109,091	$	104.82		75,848	$	111.41
2014		167,134		101.08		101,020		104.91
2013		109,770		76.37		106,666		100.54

The performance units column represents the number of restricted shares received by certain executive officers, subsequent to year end, upon conversion of the performance units earned during the year. Restricted shares and deferred stock units generally vest four years from the date of grant or upon the attainment of a defined age and years of service, subject to certain retention requirements.

Income Taxes

12 Months Ended

Apr. 30, 2015

Income Tax Disclosure [Abstract]

Income Taxes

NOTE 11

INCOME TAXES

Income before income taxes is as follows:


	Year Ended April 30,
	2015		2014		2013
Domestic	$	500.7	$	827.4	$	791.9
Foreign		22.3		22.3		25.4

Income before income taxes	$	523.0	$	849.7	$	817.3

The components of the provision for income taxes are as follows:


	Year Ended April 30,
	2015		2014		2013
Current:
Federal	$	147.8	$	265.4	$	262.1
Foreign		4.7		4.2		6.1
State and local		17.9		22.9		20.5
Deferred:
Federal		2.3		(13.9)		(15.6)
Foreign		0.5		2.4		0.9
State and local		4.9		3.5		(0.9)

Total income tax expense	$	178.1	$	284.5	$	273.1

A reconciliation of the statutory federal income tax rate and the effective income tax rate is as follows:


	Year Ended April 30,
Percent of Pretax Income	2015			2014			2013
Statutory federal income tax rate		35.0	%		35.0	%		35.0	%
State and local income taxes		2.4			1.9			1.8
Domestic manufacturing deduction		(2.9)			(3.0)			(3.1)
Other items – net		(0.4)			(0.4)			(0.3)

Effective income tax rate		34.1	%		33.5	%		33.4	%

Income taxes paid	$	199.3		$	294.4		$	279.2

We are a voluntary participant in the Compliance Assurance Process (“CAP”) program offered by the Internal Revenue Service (“IRS”) and are currently under a CAP examination for the tax year ended April 30, 2015. Through the contemporaneous exchange of information with the IRS, this program is designed to identify and resolve tax positions with the IRS prior to the filing of a tax return, which allows us to remain current with our IRS examinations. The IRS has completed the CAP examinations for tax years ended April 30, 2012, 2013, and 2014. Tax years prior to 2012 are no longer subject to U.S. federal tax examination. With limited exceptions, we are no longer subject to examination for state and local jurisdictions for tax years prior to 2011 and for tax years prior to 2008 for foreign jurisdictions. BAG has been notified that the IRS will examine its federal income tax returns for the fiscal year ending April 27, 2014, and the period ending March 22, 2015.

Deferred income taxes reflect the tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax reporting. Significant components of our deferred tax assets and liabilities are as follows:


	April 30,
	2015		2014
Deferred tax liabilities:
Intangible assets	$	2,499.4	$	1,028.7
Property, plant, and equipment		158.0		94.5
Other		9.6		19.4

Total deferred tax liabilities	$	2,667.0	$	1,142.6

Deferred tax assets:
Post-employment and other employee benefits	$	143.4	$	103.3
Tax credit and loss carryforwards		44.8		—
Intangible assets		22.1		7.6
Inventory		11.6		—
Property, plant, and equipment		19.4		—
Other		32.9		29.8

Total deferred tax assets	$	274.2	$	140.7
Valuation allowance		(4.2)		—

Total deferred tax assets, less allowance	$	270.0	$	140.7

Net deferred tax liability	$	2,397.0	$	1,001.9

The following table summarizes domestic loss and credit carryforwards at April 30, 2015.


	Related Tax Deduction		Deferred Tax Asset		Valuation Allowance		Expiration Date
Tax carryforwards:
Federal loss carryforwards	$	104.6	$	36.6	$	4.2		2035
State loss carryforwards		119.4		5.9		—		2020 to 2035
Federal tax credit carryforwards		—		0.5		—		2035
State tax credit carryforwards		—		1.8		—		2021

Total tax carryforwards	$	224.0	$	44.8	$	4.2

We evaluate the realizability of deferred tax assets for each of the jurisdictions in which we operate. The total valuation allowance increased by $4.2 related to a federal capital loss carryforward recorded with the Big Heart acquisition.

Deferred income taxes have not been provided on approximately $248.6 of undistributed earnings of foreign subsidiaries since these amounts are considered to be permanently reinvested. Any additional taxes payable on the earnings of foreign subsidiaries, if remitted, would be partially offset by domestic tax deductions or tax credits for foreign taxes paid. It is not practical to estimate the amount of additional taxes that might be payable on such undistributed earnings.

Our unrecognized tax benefits as of April 30, 2015, 2014, and 2013, were $45.0, $29.1, and $29.7, respectively. Of the unrecognized tax benefits, $32.2, $19.5, and $20.6 would affect the effective tax rate, if recognized, as of April 30, 2015, 2014, and 2013, respectively. Our accrual for tax-related net interest and penalties totaled $3.4 as of April 30, 2015, and $2.0 as of April 30, 2014 and 2013. Interest charged to earnings totaled $0.7, $0.1, and $0.3 during 2015, 2014, and 2013, respectively.

Within the next 12 months, it is reasonably possible that we could decrease our unrecognized tax benefits by an estimated $2.1, primarily as a result of the expiration of statute of limitation periods.

A reconciliation of our unrecognized tax benefits is as follows:


	2015		2014		2013
Balance at May 1,	$	29.1	$	29.7	$	24.0
Increases:
Current year tax positions		2.4		5.1		4.8
Prior year tax positions		1.2		0.1		2.5
Acquired businesses		13.4		—		—
Decreases:
Prior year tax positions		0.4		1.6		0.2
Settlement with tax authorities		—		1.5		1.0
Expiration of statute of limitations periods		0.7		2.7		0.4

Balance at April 30,	$	45.0	$	29.1	$	29.7

Accumulated Other Comprehensive Income (Loss)	12 Months Ended
Accumulated Other Comprehensive Income (Loss)	Apr. 30, 2015
Accumulated Other Comprehensive (Loss) Income [Abstract]
Accumulated Other Comprehensive Loss	<div > <table style="width:100.0%;border-collapse:collapse;" border="0" cellspacing="0" cellpadding="0"><tr><td style="width:10.0%;padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><a name="DD1213D171603aeb27347aabbc5ceed93edcfb3"><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">NOTE 12</font></font></a></p></td><td style="padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">ACCUMULATED OTHER COMPREHENSIVE LOSS</font></p></td></tr></table> <p style="margin-top:6.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:130%;font-family:"Times New Roman","serif";color:black">The components of accumulated other comprehensive loss, including the reclassification adjustments for items that are reclassified from accumulated other comprehensive loss to net income, are shown below.</font></p> <p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:12.0pt;line-height:130%;font-family:"Times New Roman","serif";color:black"> </font></p> <div align='center'> <table style="width:100.0%;border-collapse:collapse;" border="0" cellspacing="0" cellpadding="0"><tr><td style="width:51.0%;padding:0in 0in 0in 0in;"><a id="DD1213Dd20f25b809364dd5af8442e183777c76"></a><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="width:6.0%;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="width:6.0%;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="width:6.0%;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="width:6.0%;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="width:6.0%;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td></tr><tr><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td colspan="2" style="border:none;border-bottom:solid black 1.0pt;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:center"><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif"">Foreign<br />Currency<br />Translation<br />Adjustment</font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td colspan="2" style="border:none;border-bottom:solid black 1.0pt;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:center"><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif"">Unrealized<br />(Loss) Gain on<br />Cash Flow Hedging<br />Derivatives </font><sup><font style="font-size:7.0pt;line-height:115%;font-family:"Times New Roman","serif"">(A)</font></sup></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td colspan="2" style="border:none;border-bottom:solid black 1.0pt;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:center"><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif"">Pension<br />and Other<br />Postretirement<br />Liabilities </font><sup><font style="font-size:7.0pt;line-height:115%;font-family:"Times New Roman","serif"">(B)</font></sup></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td colspan="2" style="border:none;border-bottom:solid black 1.0pt;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:center"><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif"">Unrealized<br />Gain on<br />Available-for-Sale<br />Securities </font><sup><font style="font-size:7.0pt;line-height:115%;font-family:"Times New Roman","serif"">(C)</font></sup></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td colspan="2" style="border:none;border-bottom:solid black 1.0pt;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:center"><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif"">Accumulated<br />Other<br />Comprehensive<br />Loss</font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:8.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:12.0pt;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-indent:0pt"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Balance at May 1, 2012</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">67.0</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(19.2)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(134.3)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">2.5</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(84.0</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-indent:0pt"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Reclassification adjustments</font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">— </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">40.1</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">20.4</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">— </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">60.5</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-indent:0pt"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Current period (charge) credit</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(5.5)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(27.5)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(16.5)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">3.1</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(46.4)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-indent:0pt"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Income tax expense</font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">— </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(4.6)</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(1.0)</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(1.1)</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(6.7)</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:12.0pt;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-indent:0pt"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Balance at April 30, 2013</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">61.5</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(11.2)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(131.4)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">4.5</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(76.6)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-indent:0pt"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Reclassification adjustments</font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">— </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">20.9</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">13.3</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(3.7)</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">30.5</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-indent:0pt"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Current period (charge) credit</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(29.8)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">21.0</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">31.4</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">1.9</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">24.5</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-indent:0pt"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Income tax (expense) benefit</font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">— </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(15.4)</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(15.3)</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">0.7</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(30.0)</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:12.0pt;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-indent:0pt"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Balance at April 30, 2014</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">31.7</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">15.3</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(102.0)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">3.4</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(51.6)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-indent:0pt"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Reclassification adjustments</font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">— </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(28.5)</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">9.8</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">— </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(18.7)</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-indent:0pt"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Current period charge</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(34.0)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(4.0)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(16.2)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(0.1)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(54.3)</font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-indent:0pt"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Income tax benefit</font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">— </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">12.0</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">2.8</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">— </font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">14.8</font></p></td><td style="padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:solid black 1.0pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr><tr><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:12.0pt;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-indent:0pt"><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Balance at April 30, 2015</font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(2.3)</font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(5.2)</font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(105.6)</font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">3.3</font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">$</font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:right"><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(109.8)</font></font></p></td><td style="background:#CCEEFF;padding:0in 0in 0in 0in;white-space:nowrap;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-weight: bold"><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></font></p></td></tr><tr><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""> </p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:double black 2.25pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:double black 2.25pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:double black 2.25pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:double black 2.25pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:double black 2.25pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:double black 2.25pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:double black 2.25pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:double black 2.25pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:double black 2.25pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;vertical-align:bottom"><div style="border:none;border-top:double black 2.25pt;padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";border:none;padding:0in"><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></div></td><td style="padding:0in 0in 0in 0in;"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:1.0pt;line-height:115%;font-family:"Times New Roman","serif""> </font></p></td></tr></table> </div> <p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:12.0pt;line-height:130%;font-family:"Times New Roman","serif";color:black"> </font></p> <table style="width:100.0%;border-collapse:collapse;" border="0" cellspacing="0" cellpadding="0"><tr><td style="width:4.0%;padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(A)</font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Of the total reclassification adjustments from accumulated other comprehensive loss, $29.1 of income and $20.3 and $39.6 of expense were reclassified to cost of products sold related to commodity derivatives during 2015, 2014, and 2013, respectively. An additional $0.6 during 2015 and 2014, and $0.5 during 2013 was reclassified to interest expense related to the interest rate swap. At April 30, 2015, the remaining balance in accumulated other comprehensive loss related entirely to the interest rate swap.</font></p></td></tr></table> <p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:12.0pt;line-height:130%;font-family:"Times New Roman","serif";display:none"> </font></p> <table style="width:100.0%;border-collapse:collapse;" border="0" cellspacing="0" cellpadding="0"><tr><td style="width:4.0%;padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(B)</font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">Amortization of net losses was reclassified from accumulated other comprehensive loss to selling, distribution, and administrative expenses.</font></p></td></tr></table> <p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:12.0pt;line-height:130%;font-family:"Times New Roman","serif";display:none"> </font></p> <table style="width:100.0%;border-collapse:collapse;" border="0" cellspacing="0" cellpadding="0"><tr><td style="width:4.0%;padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">(C)</font></p></td><td style="padding:0in 0in 0in 0in;vertical-align:top"><p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"">The gain on the sale of marketable securities was reclassified from accumulated other comprehensive loss to other income – net during 2014.</font></p></td></tr></table> <p style="margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif""><font style="font-size:18.0pt;line-height:130%;font-family:"Times New Roman","serif";color:black"> </font></p> </div>

Restructuring

12 Months Ended

Apr. 30, 2015

Restructuring [Abstract]

Restructuring

NOTE 13

RESTRUCTURING

During 2010, we announced plans to restructure our coffee and fruit spreads operations as part of our ongoing efforts to enhance the long-term strength and profitability of our leading brands. Since then, we expanded our restructuring plan to include the Canadian pickle and condiments operations and the capacity expansion of our peanut butter business. Pickle and condiments production was transitioned to third-party manufacturers during 2012. The consolidation of coffee production in New Orleans, Louisiana, related to these restructuring initiatives is complete, and the transitioned retail and foodservice fruit spreads volume is being produced at our new facility in Orrville, Ohio. All of the impacted facilities have been closed, resulting in the reduction of 850 full-time positions as anticipated.

We have incurred total restructuring costs of $263.8 through April 30, 2015. As of April 30, 2015, all restructuring activities related to the approved plans were complete.

The following table summarizes the restructuring activity, including the liabilities recorded and the total amount incurred.


	Long-Lived Asset Charges		Employee Separation		Site Preparation and Equipment Relocation		Production Start-up		Other Costs		Total
Total restructuring charge	$	102.7	$	64.0	$	45.5	$	42.2	$	9.4	$	263.8

Balance at May 1, 2012	$	—	$	8.8	$	—	$	—	$	—	$	8.8
Charge to expense		8.2		3.4		13.4		10.8		3.0		38.8
Cash payments		—		(4.5)		(13.4)		(10.8)		(3.0)		(31.7)
Noncash utilization		(8.2)		—		—		—		—		(8.2)

Balance at April 30, 2013	$	—	$	7.7	$	—	$	—	$	—	$	7.7
Charge to expense		2.7		2.6		7.2		7.2		1.1		20.8
Cash payments		—		(8.4)		(7.2)		(7.2)		(1.1)		(23.9)
Noncash utilization		(2.7)		(0.2)		—		—		—		(2.9)

Balance at April 30, 2014	$	—	$	1.7	$	—	$	—	$	—	$	1.7
Charge to expense		0.1		0.5		5.3		8.4		1.1		15.4
Cash payments		—		(1.7)		(5.3)		(8.4)		(1.1)		(16.5)
Noncash utilization		(0.1)		—		—		—		—		(0.1)

Balance at April 30, 2015	$	—	$	0.5	$	—	$	—	$	—	$	0.5

During the years ended April 30, 2015, 2014, and 2013, total restructuring charges of $15.4, $20.8, and $38.8, respectively, were reported in the Statements of Consolidated Income. Of the total restructuring charges, $1.1, $5.1, and $10.0 were reported in cost of products sold in the years ended April 30, 2015, 2014, and 2013, respectively. The remaining charges were reported in other special project costs. The restructuring costs classified as cost of products sold primarily include long-lived asset charges for accelerated depreciation related to property, plant, and equipment that had been used at the affected production facilities prior to closure.

Employee separation costs include severance, retention bonuses, and pension costs. Severance costs and retention bonuses are recognized over the estimated future service period of the affected employees.

Other costs include professional fees, costs related to closing the facilities, and miscellaneous expenditures associated with the restructuring initiative and are expensed as incurred.

Contingencies

12 Months Ended

Apr. 30, 2015

Loss Contingency [Abstract]

Contingencies

NOTE 14

CONTINGENCIES

We, like other food manufacturers, are from time to time subject to various administrative, regulatory, and other legal proceedings arising in the ordinary course of business. We are currently a defendant in a variety of such legal proceedings. We cannot predict with certainty the ultimate results of these proceedings or reasonably determine a range of potential loss. Our policy is to accrue costs for contingent liabilities when such liabilities are probable and amounts can be reasonably estimated. Based on the information known to date, we do not believe the final outcome of these proceedings will have a material adverse effect on our financial position, results of operations, or cash flows.

On October 9, 2013, Big Heart entered into a Purchase Agreement with Del Monte Pacific Limited and its subsidiary, Del Monte Foods Consumer Products, Inc. (which changed its name to Del Monte Foods, Inc.) (“DMFI”). Big Heart sold to DMFI the interests of certain subsidiaries related to Big Heart’s consumer products business and generally all assets and liabilities primarily related to the consumer products business for a purchase price of $1.7 billion, subject to a post-closing working capital adjustment. In connection with the closing of the transaction, Big Heart received approximately $110.0 in incremental proceeds representing the preliminary working capital adjustment subject to a true-up in accordance with the terms of the Purchase Agreement. Big Heart made a claim of $16.3 for the working capital adjustment related to the sale of the consumer products business. In June 2014, Big Heart received a notice of disagreement from DMFI disputing the $16.3 working capital adjustment, as well as the incremental preliminary working capital adjustment of approximately $110.0 paid by DMFI at closing. Pursuant to the terms of the Purchase Agreement, the working capital dispute has been submitted to a mutually agreed upon independent certified public accounting firm of national recognition in the U.S. We believe that the working capital adjustment presented to DMFI is appropriate and is in accordance with the terms of the Purchase Agreement, and we plan to vigorously defend Big Heart’s position. However, we cannot currently predict the ultimate outcome of this dispute and have not recorded a receivable or liability as part of the Big Heart acquisition, but are continuing to evaluate the impact on the opening balance sheet.

- Definition

The entire disclosure for loss and gain contingencies. Describes any existing condition, situation, or set of circumstances involving uncertainty as of the balance sheet date (or prior to issuance of the financial statements) as to a probable or reasonably possible loss incurred by an entity that will ultimately be resolved when one or more future events occur or fail to occur, and typically discloses the amount of loss recorded or a range of possible loss, or an assertion that no reasonable estimate can be made.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14472-108349

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12021-110248

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14326-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14394-108349

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14557-108349

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12053-110248

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14435-108349

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14453-108349

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14615-108349

+ Details

Guarantor and Non-Guarantor Financial Information

12 Months Ended

Apr. 30, 2015

Guarantor and Non Guarantor Financial Information [Abstract]

Guarantor and Non-Guarantor Financial Information

NOTE 15

GUARANTOR AND NON-GUARANTOR FINANCIAL INFORMATION

Our 3.50 percent Senior Notes due October 15, 2021, are fully and unconditionally guaranteed, on a joint and several basis, by J.M. Smucker LLC and The Folgers Coffee Company (the “subsidiary guarantors”), which are 100 percent wholly-owned subsidiaries of the Company. A subsidiary guarantor will be released from its obligations under the indenture governing the notes (a) if we exercise our legal or covenant defeasance option or if our obligations under the indenture are discharged in accordance with the terms of the indenture or (b) upon delivery of an officer’s certificate to the trustee that the subsidiary guarantor does not guarantee our obligations under any of our other primary senior indebtedness and that any other guarantees of such primary senior indebtedness of the subsidiary guarantor have been released other than through discharges as a result of payment by such guarantor on such guarantees.

Condensed consolidating financial statements for the Company, the subsidiary guarantors, and the other subsidiaries of the Company that are not guaranteeing the indebtedness under the 3.50 percent Senior Notes (the “non-guarantor subsidiaries”) are provided below. The principal elimination entries relate to investments in subsidiaries and intercompany balances and transactions, including transactions with our 100 percent wholly-owned subsidiary guarantors and non-guarantor subsidiaries. We have accounted for investments in subsidiaries using the equity method.

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME


	Year Ended April 30, 2015
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Net sales	$	2,998.0	$	1,184.0	$	6,622.4	$	(5,111.7)	$	5,692.7
Cost of products sold		2,457.8		1,080.0		5,301.6		(5,115.4)		3,724.0

Gross Profit		540.2		104.0		1,320.8		3.7		1,968.7
Selling, distribution, and administrative expenses and other special project costs		234.9		53.8		799.2		—		1,087.9
Amortization		4.2		—		106.7		—		110.9
Other operating expense (income) - net		0.3		(2.4)		—		—		(2.1)

Operating Income		300.5		52.6		414.9		3.7		772.0
Interest (expense) income - net		(80.7)		1.2		(0.4		—		(79.9)
Other debt costs		(173.3)		—		—		—		(173.3)
Other income - net		0.6		0.1		3.5		—		4.2
Equity in net earnings of subsidiaries		312.6		131.4		52.7		(496.7)		—

Income Before Income Taxes		360.0		185.3		470.7		(493.0)		523.0
Income taxes		15.1		0.4		162.6		—		178.1

Net Income	$	344.9	$	184.9	$	308.1	$	(493.0)	$	344.9
Other comprehensive loss, net of tax		(58.2)		(18.5)		(43.3)		61.8		(58.2)

Comprehensive Income	$	286.7	$	166.4	$	264.8	$	(431.2)	$	286.7

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME


	Year Ended April 30, 2014
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Net sales	$	3,162.8	$	1,278.8	$	6,601.3	$	(5,432.3)	$	5,610.6
Cost of products sold		2,573.6		1,166.0		5,268.5		(5,428.5)		3,579.6

Gross Profit		589.2		112.8		1,332.8		(3.8)		2,031.0
Selling, distribution, and administrative expenses and other special project costs		197.1		47.5		769.8		—		1,014.4
Amortization		4.2		—		94.7		—		98.9
Other operating (income) expense - net		(1.3)		0.9		(0.9)		—		(1.3)

Operating Income		389.2		64.4		469.2		(3.8)		919.0
Interest (expense) income - net		(80.8)		1.2		(1.5)		1.7		(79.4)
Other income (expense) - net		10.8		—		1.0		(1.7		10.1
Equity in net earnings of subsidiaries		345.1		141.4		64.4		(550.9)		—

Income Before Income Taxes		664.3		207.0		533.1		(554.7)		849.7
Income taxes		99.1		0.4		185.0		—		284.5

Net Income	$	565.2	$	206.6	$	348.1	$	(554.7)	$	565.2
Other comprehensive income, net of tax		25.0		27.4		6.0		(33.4)		25.0

Comprehensive Income	$	590.2	$	234.0	$	354.1	$	(588.1)	$	590.2

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME


	Year Ended April 30, 2013
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Net sales	$	4,447.6	$	1,296.4	$	5,430.3	$	(5,276.6)	$	5,897.7
Cost of products sold		3,957.3		1,190.6		4,015.0		(5,292.8)		3,870.1

Gross Profit		490.3		105.8		1,415.3		16.2		2,027.6
Selling, distribution, and administrative expenses and other special project costs		199.0		42.9		781.5		—		1,023.4
Amortization		4.8		—		92.0		—		96.8
Other operating (income) expense - net		(2.7)		(2.2)		1.9		—		(3.0)

Operating Income		289.2		65.1		539.9		16.2		910.4
Interest (expense) income - net		(94.4)		1.2		(0.2)		—		(93.4)
Other income (expense) - net		0.7		1.1		(1.5)		—		0.3
Equity in net earnings of subsidiaries		408.6		156.7		66.4		(631.7)		—

Income Before Income Taxes		604.1		224.1		604.6		(615.5)		817.3
Income taxes		59.9		0.4		212.8		—		273.1

Net Income	$	544.2	$	223.7	$	391.8	$	(615.5)	$	544.2
Other comprehensive income, net of tax		7.4		9.0		4.1		(13.1)		7.4

Comprehensive Income	$	551.6	$	232.7	$	395.9	$	(628.6)	$	551.6

CONDENSED CONSOLIDATING BALANCE SHEETS


	April 30, 2015
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
ASSETS
Current Assets
Cash and cash equivalents	$	7.1	$	—	$	118.5	$	—	$	125.6
Inventories		—		180.3		979.6		3.7		1,163.6
Other current assets		427.4		4.8		343.5		(12.6)		763.1

Total Current Assets		434.5		185.1		1,441.6		(8.9)		2,052.3
Property, Plant, and Equipment-Net		258.0		591.3		829.0		—		1,678.3
Investments in Subsidiaries		14,610.4		4,179.7		272.4		(19,062.5)		—
Intercompany Receivable		—		305.2		133.1		(438.3)		—
Other Noncurrent Assets
Goodwill		1,082.0		—		4,927.8		—		6,009.8
Other intangible assets-net		501.1		—		6,449.2		—		6,950.3
Other noncurrent assets		55.6		10.5		125.8		—		191.9

Total Other Noncurrent Assets		1,638.7		10.5		11,502.8		—		13,152.0

Total Assets	$	16,941.6	$	5,271.8	$	14,178.9	$	(19,509.7)	$	16,882.6


LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities	$	484.0	$	82.6	$	468.6	$	(12.6)	$	1,022.6
Noncurrent Liabilities
Long-term debt		5,944.9		—		—		—		5,944.9
Deferred income taxes		106.9		—		2,366.4		—		2,473.3
Intercompany payable		3,080.2		—		—		(3,080.2)		—
Other noncurrent liabilities		238.7		15.2		101.0		—		354.9

Total Noncurrent Liabilities		9,370.7		15.2		2,467.4		(3,080.2)		8,773.1

Total Liabilities		9,854.7		97.8		2,936.0		(3,092.8)		9,795.7

Total Shareholders’ Equity		7,086.9		5,174.0		11,242.9		(16,416.9)		7,086.9

Total Liabilities and Shareholders’ Equity	$	16,941.6	$	5,271.8	$	14,178.9	$	(19,509.7)	$	16,882.6

CONDENSED CONSOLIDATING BALANCE SHEETS


	April 30, 2014
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
ASSETS
Current Assets
Cash and cash equivalents	$	6.8	$	—	$	146.7	$	—	$	153.5
Inventories		—		173.3		761.4		(3.7)		931.0
Other current assets		360.2		9.9		94.6		(10.1)		454.6

Total Current Assets		367.0		183.2		1,002.7		(13.8)		1,539.1
Property, Plant, and Equipment - Net		233.6		551.1		480.9		—		1,265.6
Investments in Subsidiaries		8,367.6		4,063.3		237.9		(12,668.8)		—
Intercompany Receivable		—		315.5		1,132.2		(1,447.7)		—
Other Noncurrent Assets
Goodwill		1,082.0		—		2,016.2		—		3,098.2
Other intangible assets - net		505.5		—		2,518.8		—		3,024.3
Other noncurrent assets		58.5		11.1		63.4		—		133.0

Total Other Noncurrent Assets		1,646.0		11.1		4,598.4		—		6,255.5

Total Assets	$	10,614.2	$	5,124.2	$	7,452.1	$	(14,130.3)	$	9,060.2


LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities	$	590.7	$	103.8	$	201.4	$	(10.1)	$	885.8
Noncurrent Liabilities
Long-term debt		1,873.1		—		—		—		1,873.1
Deferred income taxes		107.6		—		913.1		—		1,020.7
Intercompany payable		2,792.9		—		—		(2,792.9)		—
Other noncurrent liabilities		220.3		12.8		17.9		—		251.0

Total Noncurrent Liabilities		4,993.9		12.8		931.0		(2,792.9)		3,144.8

Total Liabilities		5,584.6		116.6		1,132.4		(2,803.0)		4,030.6

Total Shareholders’ Equity		5,029.6		5,007.6		6,319.7		(11,327.3)		5,029.6

Total Liabilities and Shareholders’ Equity	$	10,614.2	$	5,124.2	$	7,452.1	$	(14,130.3)	$	9,060.2

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	Year Ended April 30, 2015
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Net Cash Provided by Operating Activities	$	239.2	$	87.8	$	406.2	$	—	$	733.2

Investing Activities
Businesses acquired, net of cash acquired		(1,240.0)		—		(80.5)		—		(1,320.5)
Additions to property, plant, and equipment		(56.3)		(93.3)		(98.1)		—		(247.7)
Proceeds from disposal of property, plant, and equipment		—		1.1		1.5		—		2.6
Equity investments in subsidiaries		(2,715.3)		—		—		2,715.3		—
Repayments from (disbursements of) intercompany loans		—		10.2		(297.5)		287.3		—
Other - net		—		(5.8)		(24.3)		—		(30.1)

Net Cash (Used for) Provided by Investing Activities		(4,011.6)		(87.8)		(498.9)		3,002.6		(1,595.7)

Financing Activities
Short-term repayments - net		(5.3)		—		(17.1)		—		(22.4)
Proceeds from long-term debt		5,382.5		—		—		—		5,382.5
Repayments of long-term debt, including make-whole payments		(1,580.8)		—		(2,613.1)		—		(4,193.9)
Quarterly dividends paid		(254.0)		—		—		—		(254.0)
Purchase of treasury shares		(24.3)		—		—		—		(24.3)
Proceeds from stock option exercises		0.8		—		—		—		0.8
Investments in subsidiaries		—		—		2,715.3		(2,715.3)		—
Intercompany payable		287.3		—		—		(287.3)		—
Other - net		(33.5)		—		8.0		—		(25.5)

Net Cash Provided by (Used for) Financing Activities		3,772.7		—		93.1		(3,002.6)		863.2
Effect of exchange rate changes on cash		—		—		(28.6)		—		(28.6)

Net decrease in cash and cash equivalents		0.3		—		(28.2)		—		(27.9)
Cash and cash equivalents at beginning of year		6.8		—		146.7		—		153.5

Cash and Cash Equivalents at End of Year	$	7.1	$	—	$	118.5	$	—	$	125.6

( )	Denotes use of cash

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	Year Ended April 30, 2014
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Net Cash Provided by Operating Activities	$	297.8	$	168.5	$	389.7	$	—	$	856.0

Investing Activities
Businesses acquired, net of cash acquired		—		—		(101.8)		—		(101.8)
Additions to property, plant, and equipment		(31.1)		(163.2)		(85.2)		—		(279.5)
Sales and maturities of marketable securities		10.0		—		—		—		10.0
Proceeds from disposal of property, plant, and equipment		—		0.6		10.1		—		10.7
Equity investments in subsidiaries		(108.9)		(17.1)		—		126.0		—
Repayments from (disbursements of) intercompany loans		—		9.3		(283.0)		273.7		—
Other - net		(3.2)		0.2		(6.7)		—		(9.7)

Net Cash (Used for) Provided by Investing Activities		(133.2)		(170.2)		(466.6)		399.7		(370.3)

Financing Activities
Short-term borrowing - net		248.4		—		—		—		248.4
Repayments of long-term debt		(50.0)		—		—		—		(50.0)
Quarterly dividends paid		(238.0)		—		—		—		(238.0)
Purchase of treasury shares		(508.5)		—		—		—		(508.5)
Proceeds from stock option exercises		0.5		—		—		—		0.5
Investments in subsidiaries		—		—		126.0		(126.0)		—
Intercompany payable		273.7		—		—		(273.7)		—
Other - net		8.1		1.7		(37.7)		—		(27.9)

Net Cash (Used for) Provided by Financing Activities		(265.8)		1.7		88.3		(399.7)		(575.5)
Effect of exchange rate changes on cash		—		—		(13.1)		—		(13.1)

Net decrease in cash and cash equivalents		(101.2)		—		(1.7)		—		(102.9)
Cash and cash equivalents at beginning of year		108.0		—		148.4		—		256.4

Cash and Cash Equivalents at End of Year	$	6.8	$	—	$	146.7	$	—	$	153.5

( )	Denotes use of cash

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	Year Ended April 30, 2013
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Net Cash Provided by Operating Activities	$	201.7	$	46.4	$	607.7	$	—	$	855.8

Investing Activities
Additions to property, plant, and equipment		(33.6)		(103.1)		(69.8)		—		(206.5)
Proceeds from disposal of property, plant, and equipment		—		0.1		3.2		—		3.3
Equity investments in subsidiaries		(3.7)		(174.2)		—		177.9		—
Repayments from (disbursements of) intercompany loans		—		227.4		(693.6)		466.2		—
Other - net		(9.5)		3.4		23.7		—		17.6

Net Cash (Used for) Provided by Investing Activities		(46.8)		(46.4)		(736.5)		644.1		(185.6)

Financing Activities
Repayments of long-term debt		(50.0)		—		—		—		(50.0)
Quarterly dividends paid		(222.8)		—		—		—		(222.8)
Purchase of treasury shares		(364.2)		—		—		—		(364.2)
Proceeds from stock option exercises		2.2		—		—		—		2.2
Investments in subsidiaries		9.9		—		168.0		(177.9)		—
Intercompany payable		466.2		—		—		(466.2)		—
Other - net		3.5		—		(9.7)		—		(6.2)

Net Cash (Used for) Provided by Financing Activities		(155.2)		—		158.3		(644.1)		(641.0)
Effect of exchange rate changes on cash		—		—		(2.5)		—		(2.5)

Net (decrease) increase in cash and cash equivalents		(0.3)		—		27.0		—		26.7
Cash and cash equivalents at beginning of year		108.3		—		121.4		—		229.7

Cash and Cash Equivalents at End of Year	$	108.0	$	—	$	148.4	$	—	$	256.4

( )	Denotes use of cash

Common Shares

12 Months Ended

Apr. 30, 2015

Common Shares [Abstract]

Common Shares

NOTE 16

COMMON SHARES

Voting: The Amended Articles of Incorporation (“Articles”) provide that each holder of a common share outstanding is entitled to one vote on each matter submitted to a vote of the shareholders, except for the following specific matters:

•

any matter that relates to or would result in the dissolution or liquidation of the Company;

•

the adoption of any amendment to the Articles or Amended Regulations, or the adoption of amended Articles, other than the adoption of any amendment or amended Articles that increases the number of votes to which holders of our common shares are entitled or expands the matters to which time-phased voting applies;

•

any proposal or other action to be taken by our shareholders relating to the Rights Agreement, dated as of May 20, 2009, between the Company and Computershare Trust Company, N.A. or any successor plan;

•

any matter relating to any stock option plan, stock purchase plan, executive compensation plan, executive benefit plan, or other similar plan, arrangement, or agreement;

•

the adoption of any agreement or plan of or for the merger, consolidation, or majority share acquisition of us or any of our subsidiaries with or into any other person, whether domestic or foreign, corporate or noncorporate, or the authorization of the lease, sale, exchange, transfer, or other disposition of all, or substantially all, of our assets;

•

any matter submitted to our shareholders pursuant to Article Fifth (which relates to procedures applicable to certain business combinations) or Article Seventh (which relates to procedures applicable to certain proposed acquisitions of specified percentages of our outstanding common shares) of the Articles, as they may be further amended, or any issuance of our common shares for which shareholder approval is required by applicable stock exchange rules; and

•

any matter relating to the issuance of our common shares or the repurchase of our common shares that the Board of Directors (“Board”) determines is required or appropriate to be submitted to our shareholders under the Ohio Revised Code or applicable stock exchange rules.

On the matters listed above, common shares are entitled to 10 votes per share if they meet the requirements set forth in the Articles. Common shares which would be entitled to 10 votes per share must meet one of the following criteria:

•

common shares for which there has not been a change in beneficial ownership in the past four years; or

•

common shares received through our various equity plans that have not been sold or otherwise transferred.

In the event of a change in beneficial ownership, the new owner of that common share will be entitled to only one vote with respect to that share on all matters until four years pass without a further change in beneficial ownership of the share.

Shareholders’ Rights Plan: Pursuant to a Shareholders’ Rights Plan adopted by the Board on May 20, 2009, one share purchase right is associated with each of our outstanding common shares.

Under the plan, the rights will initially trade together with our common shares and will not be exercisable. In the absence of further action by the directors, the rights generally will become exercisable and allow the holder to acquire our common shares at a discounted price if a person or group acquires 10 percent or more of our outstanding common shares. Rights held by persons who exceed the applicable threshold will be void. Shares held by members of the Smucker family are not subject to the threshold. If exercisable, each right entitles the shareholder to buy one common share at a discounted price. Under certain circumstances, the rights will entitle the holder to buy shares in an acquiring entity at a discounted price.

The plan also includes an exchange option. In general, if the rights become exercisable, the directors may, at their option, effect an exchange of part or all of the rights, other than rights that have become void, for common shares. Under this option, we would issue one common share for each right, in each case subject to adjustment in certain circumstances.

The directors may, at their option, redeem all rights for $0.001 per right, generally at any time prior to the rights becoming exercisable. The rights will expire June 3, 2019, unless earlier redeemed, exchanged, or amended by the directors.

In connection with the Big Heart acquisition, we and the rights agent entered into an amendment to the plan providing that neither the approval, execution, delivery, or performance of the merger agreement or the shareholders agreement entered into in connection with the transaction will in any way give rise to any provision of the plan becoming effective, and that none of Blue Holdings I, L.P., the controlling stockholder of BAG, or any of its affiliates will be deemed to be an acquiring person for purposes of the plan.

Repurchase Programs: We did not repurchase any shares in 2015 and at April 30, 2015, had approximately 10.0 million common shares available for repurchase under the Board’s authorizations. We do not expect to repurchase any of these shares in the near term due to our focus on debt repayment.

We repurchased 4.9 million common shares for $495.0 in 2014 and 4.0 million common shares for $359.4 in 2013.

Accounting Policies (Policies)

12 Months Ended

Apr. 30, 2015

Accounting Policies [Abstract]

Principles of Consolidation

Use of Estimates

Cash and Cash Equivalents

Cash and Cash Equivalents: We consider all short-term, highly-liquid investments with a maturity of three months or less when purchased to be cash equivalents.

Revenue Recognition

Shipping and Handling Costs

Trade Marketing and Merchandising Programs

Advertising Expense

Advertising Expense: Advertising costs are expensed as incurred. Advertising expense was $107.0, $124.7, and $131.6 in 2015, 2014, and 2013, respectively.

Research and Development Costs

Share-Based Payments

The following table summarizes amounts related to share-based payments.


	Year Ended April 30,
	2015		2014		2013
Share-based compensation expense included in selling, distribution, and administrative expenses	$	22.3	$	22.1	$	20.5
Share-based compensation expense included in other special project costs		1.2		0.8		0.8

Total share-based compensation expense	$	23.5	$	22.9	$	21.3

Related income tax benefit	$	8.0	$	7.7	$	7.1

Defined Contribution Plans

Income Taxes

Trade Receivables

Inventories

Inventories: Inventories are stated at the lower of cost or market. Cost for all inventories is determined using the first-in, first-out method applied on a consistent basis.

Derivative Financial Instruments

Property, Plant, and Equipment

Goodwill and Other Intangible Assets

Marketable Securities and Other Investments

Equity Method Investments

Foreign Currency Translation

Recently Issued Accounting Standards

Risks and Uncertainties

We insure our business and assets in each country against insurable risks, to the extent that we deem appropriate, based upon an analysis of the relative risks and costs.

Accounting Policies (Tables)

12 Months Ended

Apr. 30, 2015

Accounting Policies [Abstract]

Share based payments


	Year Ended April 30,
	2015		2014		2013
Share-based compensation expense included in selling, distribution, and administrative expenses	$	22.3	$	22.1	$	20.5
Share-based compensation expense included in other special project costs		1.2		0.8		0.8

Total share-based compensation expense	$	23.5	$	22.9	$	21.3

Related income tax benefit	$	8.0	$	7.7	$	7.1

Acquisitions (Tables)

12 Months Ended

Apr. 30, 2015

Acquisitions [Abstract]

Components of business acquisition purchase price


Shares issued	$	2,035.5
Assumed debt from Big Heart		2,630.2
Cash consideration, net of cash acquired		1,240.0

Total purchase price	$	5,905.7

Estimated fair values of the assets acquired and liabilities assumed


Assets acquired:
Trade receivables	$	142.0
Inventories		257.7
Other current assets		210.7
Property, plant, and equipment		324.0
Intangible assets		4,009.8
Goodwill		2,871.2
Other noncurrent assets		38.0

Total assets acquired	$	7,853.4

Liabilities assumed:
Current liabilities	$	398.9
Deferred tax liabilities		1,464.0
Other noncurrent liabilities		84.8

Total liabilities assumed	$	1,947.7

Net assets acquired	$	5,905.7

The purchase price allocated to the identifiable intangible assets


Intangible assets with finite lives:
Customer relationships (25-year useful life)	$	2,289.8
Trademarks (15-year useful life)		257.0
Intangible assets with indefinite lives:
Trademarks		1,463.0

Total intangible assets	$	4,009.8

Business acquisition pro forma information


	Year Ended April 30,
	2015		2014
Net sales	$	7,732.5	$	7,800.7
Net income		541.8		547.7
Net income per common share – assuming dilution		4.53		4.48

Reportable Segments (Tables)

12 Months Ended

Apr. 30, 2015

Segment Reporting [Abstract]

Income and assets by segment


	Year Ended April 30,
	2015		2014		2013
Net sales:
U.S. Retail Coffee	$	2,076.1	$	2,161.7	$	2,306.5
U.S. Retail Consumer Foods		2,104.8		2,172.6		2,214.8
U.S. Retail Pet Foods		239.1		—		—
International, Foodservice, and Natural Foods		1,272.7		1,276.3		1,376.4

Total net sales	$	5,692.7	$	5,610.6	$	5,897.7

Segment profit (loss):
U.S. Retail Coffee	$	549.2	$	639.8	$	603.8
U.S. Retail Consumer Foods		432.9		393.0		413.9
U.S. Retail Pet Foods		(15.3)		—		—
International, Foodservice, and Natural Foods		166.7		167.8		196.7

Total segment profit	$	1,133.5	$	1,200.6	$	1,214.4

Interest expense - net		(79.9)		(79.4)		(93.4)
Other debt costs		(173.3)		—		—
Unallocated derivative (losses) gains		(24.5)		5.3		6.6
Cost of products sold - special project costs		(6.2)		(9.4)		(11.5)
Other special project costs		(56.6)		(25.6)		(49.5)
Corporate administrative expenses		(274.2)		(251.9)		(249.6)
Other income - net		4.2		10.1		0.3

Income before income taxes	$	523.0	$	849.7	$	817.3

Assets:
U.S. Retail Coffee	$	4,854.0	$	4,885.6	$	4,882.4
U.S. Retail Consumer Foods		2,846.0		2,684.1		2,618.2
U.S. Retail Pet Foods		7,611.8		—		—
International, Foodservice, and Natural Foods		1,327.2		1,248.9		1,201.3
Unallocated ^(A)		243.6		241.6		322.2

Total assets	$	16,882.6	$	9,060.2	$	9,024.1

Segmental information related to depreciation, amortization, and impairment charges, and property, plant, and equipment additions

Depreciation, amortization, and impairment charges:
U.S. Retail Coffee	$	102.7	$	99.9	$	100.7
U.S. Retail Consumer Foods		54.1		52.9		47.1
U.S. Retail Pet Foods		14.3		—		—
International, Foodservice, and Natural Foods		66.0		67.4		63.7
Unallocated ^(B)		31.3		36.2		39.4

Total depreciation, amortization, and impairment charges	$	268.4	$	256.4	$	250.9

Additions to property, plant, and equipment:
U.S. Retail Coffee	$	56.7	$	50.7	$	46.5
U.S. Retail Consumer Foods		113.2		138.8		85.1
U.S. Retail Pet Foods		19.4		—		—
International, Foodservice, and Natural Foods		58.4		90.0		74.9

Total additions to property, plant, and equipment	$	247.7	$	279.5	$	206.5

(A)	Primarily represents unallocated cash and cash equivalents and corporate-held investments.

(B)	Primarily represents unallocated corporate administrative expense, mainly depreciation and software amortization.

Segmental information related to net sales and assets by geographic location


	Year Ended April 30,
	2015		2014		2013
Net sales:
United States	$	5,188.5	$	5,092.0	$	5,355.9
International:
Canada	$	413.8	$	437.2	$	459.5
All other international		90.4		81.4		82.3

Total international	$	504.2	$	518.6	$	541.8

Total net sales	$	5,692.7	$	5,610.6	$	5,897.7

Assets:
United States	$	16,407.0	$	8,638.6	$	8,577.7
International:
Canada	$	362.1	$	257.7	$	396.3
All other international		113.5		163.9		50.1

Total international	$	475.6	$	421.6	$	446.4

Total assets	$	16,882.6	$	9,060.2	$	9,024.1

Long-lived assets (excluding goodwill and other intangible assets):
United States	$	1,815.0	$	1,343.2	$	1,227.0
International:
Canada	$	14.3	$	16.5	$	20.6
All other international		40.9		38.9		39.0

Total international	$	55.2	$	55.4	$	59.6

Total long-lived assets (excluding goodwill and other intangible assets)	$	1,870.2	$	1,398.6	$	1,286.6

Product sales information


	Year Ended April 30,
	2015			2014			2013
Coffee		44	%		46	%		48	%
Peanut butter		13			13			13
Fruit spreads		6			6			6
Shortening and oils		6			6			6
Baking mixes and frostings		5			6			6
Canned milk		4			5			4
Flour and baking ingredients		4			4			4
Juices and beverages		3			3			3
Frozen handheld		3			3			3
Pet food		3			—			—
Portion control		2			2			2
Toppings and syrups		1			2			2
Pet snacks		1			—			—
Other		5			4			3

Total product sales		100	%		100	%		100	%

Earnings per Share (Tables)

12 Months Ended

Apr. 30, 2015

Earnings Per Share [Abstract]

Computation of earnings per common share, basic and diluted


	Year Ended April 30,
	2015		2014		2013
Net income	$	344.9	$	565.2	$	544.2
Net income allocated to participating securities		2.2		4.5		4.7

Net income allocated to common stockholders	$	342.7	$	560.7	$	539.5

Weighted-average common shares outstanding		103,038,271		103,504,121		107,881,519
Dilutive effect of stock options		5,283		14,346		23,256

Weighted-average common shares outstanding – assuming dilution		103,043,554		103,518,467		107,904,775

Net income per common share	$	3.33	$	5.42	$	5.00

Net income per common share – assuming dilution	$	3.33	$	5.42	$	5.00

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Apr. 30, 2015

Goodwill and Other Intangible Assets [Abstract]

Summary of changes in the company's goodwill


	U.S. Retail Coffee		U.S. Retail Consumer Foods		U.S. Retail Pet Foods		International, Foodservice, and Natural Foods		Total
Balance at May 1, 2013	$	1,720.3	$	1,034.6	$	—	$	298.0	$	3,052.9
Acquisitions		22.8		—		—		29.3		52.1
Other		—		(2.4)		—		(4.4)		(6.8)

Balance at April 30, 2014	$	1,743.1	$	1,032.2	$	—	$	322.9	$	3,098.2
Acquisitions		(0.3)		47.9		2,810.3		60.9		2,918.8
Other		0.1		(2.5)		—		(4.8)		(7.2)

Balance at April 30, 2015	$	1,742.9	$	1,077.6	$	2,810.3	$	379.0	$	6,009.8

Other intangible assets and related accumulated amortization, impairment charges, and foreign currency exchange


	April 30, 2015						April 30, 2014
	Acquisition Cost		Accumulated Amortization/ Impairment Charges/ Foreign Currency Exchange		Net		Acquisition Cost		Accumulated Amortization/ Impairment Charges/ Foreign Currency Exchange		Net
Finite-lived intangible assets subject to amortization:
Customer and contractual relationships	$	3,733.9	$	477.9	$	3,256.0	$	1,436.2	$	392.6	$	1,043.6
Patents and technology		169.0		74.8		94.2		164.5		61.9		102.6
Trademarks		328.0		47.6		280.4		70.0		36.5		33.5

Total intangible assets subject to amortization	$	4,230.9	$	600.3	$	3,630.6	$	1,670.7	$	491.0	$	1,179.7

Indefinite-lived intangible assets not subject to amortization:
Trademarks	$	3,338.0	$	18.3	$	3,319.7	$	1,858.9	$	14.3	$	1,844.6

Total other intangible assets	$	7,568.9	$	618.6	$	6,950.3	$	3,529.6	$	505.3	$	3,024.3

Debt and Financing Arrangements (Tables)

12 Months Ended

Apr. 30, 2015

Debt and Financing Arrangements [Abstract]

Long-term debt


	April 30, 2015				April 30, 2014
	Principal Outstanding		Carrying Amount		Principal Outstanding		Carrying Amount
4.78% Senior Notes due June 1, 2014	$	—	$	—	$	100.0	$	100.0
6.12% Senior Notes due November 1, 2015		—		—		24.0		24.0
6.63% Senior Notes due November 1, 2018		—		—		376.0		391.4
3.50% Senior Notes due October 15, 2021		750.0		796.0		750.0		758.8
5.55% Senior Notes due April 1, 2022		—		—		300.0		299.2
4.50% Senior Notes due June 1, 2025		—		—		400.0		399.7
1.75% Senior Notes due March 15, 2018		500.0		496.9		—		—
2.50% Senior Notes due March 15, 2020		500.0		494.3		—		—
3.00% Senior Notes due March 15, 2022		400.0		395.3		—		—
3.50% Senior Notes due March 15, 2025		1,000.0		991.9		—		—
4.25% Senior Notes due March 15, 2035		650.0		641.8		—		—
4.38% Senior Notes due March 15, 2045		600.0		583.8		—		—
Term Loan Credit Agreement due March 23, 2020		1,550.0		1,544.9		—		—

Total long-term debt	$	5,950.0	$	5,944.9	$	1,950.0	$	1,973.1
Current portion of long-term debt		—		—		100.0		100.0

Total long-term debt, less current portion	$	5,950.0	$	5,944.9	$	1,850.0	$	1,873.1

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

+ Details

Pensions and Other Postretirement Benefits (Tables)

12 Months Ended

Apr. 30, 2015

Pensions and Other Postretirement Benefits [Abstract]

Net periodic benefit cost

	Defined Benefit Pension Plans						Other Postretirement Benefits
Year Ended April 30,	2015		2014		2013		2015		2014		2013
Service cost	$	9.0	$	8.7	$	8.8	$	2.3	$	2.3	$	2.5
Interest cost		23.2		21.8		23.9		2.4		2.3		3.0
Expected return on plan assets		(25.6)		(25.4)		(25.3)		—		—		—
Amortization of prior service cost (credit)		1.0		1.2		1.0		(1.1)		(1.1)		(0.4)
Amortization of net actuarial loss (gain)		10.0		13.2		13.1		(0.1)		—		—
Settlement loss		3.5		—		6.7		—		—		—

Net periodic benefit cost	$	21.1	$	19.5	$	28.2	$	3.5	$	3.5	$	5.1

Net change for the year in accumulated OCI before taxes


Other changes in plan assets and benefit liabilities recognized in accumulated other comprehensive loss before income taxes:
Prior service (cost) credit arising during the year	$	(0.3)	$	—	$	(4.0)	$	—	$	1.7	$	9.6
Net actuarial (loss) gain arising during the year		(23.7)		19.3		(20.5)		1.6		7.5		(4.5)
Amortization of prior service cost (credit)		1.0		1.2		1.0		(1.1)		(1.1)		(0.4)
Amortization of net actuarial loss (gain)		10.0		13.2		13.1		(0.1)		—		—
Curtailment loss		—		—		2.0		—		—		—
Settlement loss		3.5		—		6.7		—		—		—
Foreign currency translation		2.7		2.9		0.9		—		—		—

Net change for year	$	(6.8)	$	36.6	$	(0.8)	$	0.4	$	8.1	$	4.7

Weighted-average assumptions used in determining net periodic benefit costs


Weighted-average assumptions used in determining net periodic benefit costs:
U.S. plans:
Discount rate	4.42	%	3.99	%	4.70	%	4.27	%	3.80	%	4.70	%
Expected return on plan assets	6.72		6.75		7.00		—		—		—
Rate of compensation increase	4.13		4.13		4.12		—		—		—
Canadian plans:
Discount rate	4.11	%	3.65	%	4.20	%	4.10	%	3.70	%	4.20	%
Expected return on plan assets	5.64		5.78		6.17		—		—		—
Rate of compensation increase	3.00		3.00		4.00		—		—		—

Combined status of the plans


	Defined Benefit Pension Plans				Other Postretirement Benefits
April 30,	2015		2014		2015		2014
Change in benefit obligation:
Benefit obligation at beginning of year	$	542.3	$	575.7	$	58.5	$	67.1
Service cost		9.0		8.7		2.3		2.3
Interest cost		23.2		21.8		2.4		2.3
Amendments		0.3		—		—		(1.7)
Actuarial loss (gain)		39.8		(19.7)		(1.6)		(7.5)
Participant contributions		0.1		0.1		0.7		1.2
Benefits paid		(31.8)		(34.2)		(4.4)		(3.5)
Foreign currency translation adjustments		(10.6)		(10.1)		(1.1)		(1.1)
Settlement		(8.6)		—		—		—
Acquisition		176.7		—		18.9		—
Other adjustments		—		—		0.1		(0.6)

Benefit obligation at end of year	$	740.4	$	542.3	$	75.8	$	58.5

Change in plan assets:
Fair value of plan assets at beginning of year	$	402.1	$	410.7	$	—	$	—
Actual return on plan assets		41.7		25.0		—		—
Company contributions		15.7		9.4		3.7		2.3
Participant contributions		0.1		0.1		0.7		1.2
Benefits paid		(31.8)		(34.2)		(4.4)		(3.5)
Settlement		(8.6)		—		—		—
Acquisition		141.1		—		—		—
Foreign currency translation adjustments		(10.3)		(8.9)		—		—

Fair value of plan assets at end of year	$	550.0	$	402.1	$	—	$	—

Funded status of the plans	$	(190.4)	$	(140.2)	$	(75.8)	$	(58.5)

Defined benefit pensions	$	(188.9)	$	(135.7)	$	—	$	—
Other noncurrent assets		2.0		—		—		—
Accrued compensation		(3.5)		(4.5)		(1.2)		—
Postretirement benefits other than pensions		—		—		(74.6)		(58.5)

Net benefit liability	$	(190.4)	$	(140.2)	$	(75.8)	$	(58.5)

Amounts recognized in accumulated other comprehensive income (loss) before taxes


	Defined Benefit Pension Plans				Other Postretirement Benefits
April 30,	2015		2014		2015		2014
Net actuarial (loss) gain	$	(174.2)	$	(166.7)	$	6.9	$	5.3
Prior service (cost) credit		(4.2)		(4.9)		10.3		11.5

Total recognized in accumulated other comprehensive loss	$	(178.4)	$	(171.6)	$	17.2	$	16.8

Assumptions used in determining the benefit obligations


	Defined Benefit Pension Plans						Other Postretirement Benefits
April 30,	2015			2014			2015			2014
U.S. plans:
Discount rate		4.01	%		4.45	%		3.97	%		4.30	%
Rate of compensation increase		4.06			4.13			—			—
Canadian plans:
Discount rate		3.51	%		4.11	%		3.50	%		4.10	%
Rate of compensation increase		3.00			3.00			—			—

One-percentage point annual change in the assumed health care cost


	One Percentage Point
	Increase		Decrease
Effect on total service and interest cost components	$	0.1	$	0.1
Effect on benefit obligation		2.5		2.3

Company's Canadian pension and other postretirement benefit plans


	Defined Benefit Pension Plans				Other Postretirement Benefits
Year Ended April 30,	2015		2014		2015		2014
Benefit obligation at end of year	$	104.4	$	113.3	$	10.9	$	11.4
Fair value of plan assets at end of year		104.1		105.6		—		—

Funded status of the plans	$	(0.3)	$	(7.7)	$	(10.9)	$	(11.4)

Components of net periodic benefit cost:
Service cost	$	0.4	$	0.5	$	—	$	—
Interest cost		4.3		4.2		0.4		0.5
Expected return on plan assets		(5.6)		(5.8)		—		—
Amortization of net actuarial loss		0.9		1.3		—		—

Net periodic benefit cost	$	—	$	0.2	$	0.4	$	0.5

Changes in plan assets:
Company contributions	$	5.1	$	5.4	$	0.7	$	0.8
Participant contributions		0.1		0.1		—		—
Benefits paid		(8.4)		(8.6)		(0.7)		(0.8)
Actual return on plan assets		11.9		10.6		—		—
Foreign currency translation		(10.3)		(8.9)		—		—

Benefit obligations in excess of fair value of plan assets


	April 30,
	2015		2014
Accumulated benefit obligation for all pension plans	$	691.8	$	507.3
Plans with an accumulated benefit obligation in excess of plan assets:
Accumulated benefit obligation	$	481.6	$	507.3
Fair value of plan assets		337.8		402.1
Plans with a projected benefit obligation in excess of plan assets:
Projected benefit obligation	$	669.3	$	542.3
Fair value of plan assets		477.3		402.1

Major asset classes for the U.S. and Canadian defined benefit pension plans and fair value hierarchy levels


	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value at April 30, 2015
Cash and cash equivalents ^(A)	$	4.6	$	—	$	—	$	4.6
Equity securities:
U.S.^(B)		105.0		45.5		—		150.5
International ^(C)		81.0		24.5		—		105.5
Fixed-income securities:
Bonds ^(D)		151.3		—		—		151.3
Fixed income ^(E)		44.1		68.5		—		112.6
Other types of investments ^(F)		—		7.0		18.5		25.5

Total financial assets measured at fair value	$	386.0	$	145.5	$	18.5	$	550.0


	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value at April 30, 2014
Cash and cash equivalents ^(A)	$	2.0	$	—	$	—	$	2.0
Equity securities:
U.S.^(B)		91.0		16.4		—		107.4
International ^(C)		72.3		12.4		—		84.7
Fixed-income securities:
Bonds ^(D)		148.2		—		—		148.2
Fixed income ^(E)		44.8		—		—		44.8
Other types of investments ^(F)		—		—		15.0		15.0

Total financial assets measured at fair value	$	358.3	$	28.8	$	15.0	$	402.1

(A)	This category includes money market holdings with maturities of three months or less and are classified as Level 1 assets. Based on the short-term nature of these assets, carrying value approximates fair value.

(B)

(C)

(D)	This category is comprised of bond funds, which seek to duplicate the return characteristics of high-quality corporate bonds with a duration range of 10 to 13 years. The Level 1 assets are valued using quoted market prices for identical securities in active markets.

(E)

(F)

Roll Forward of activity for Level 3 assets


	2015		2014
Balance at May 1,	$	15.0	$	15.0
Big Heart pension assets acquired		2.8		—
Actual return on plan assets still held at reporting date		0.7		—

Balance at April 30,	$	18.5	$	15.0

Derivative Financial Instruments (Tables)

12 Months Ended

Apr. 30, 2015

Derivative Financial Instruments [Abstract]

Fair value of derivative instruments


	April 30, 2015								April 30, 2014
	Other Current Assets		Other Current Liabilities		Other Noncurrent Assets		Other Noncurrent Liabilities		Other Current Assets		Other Current Liabilities		Other Noncurrent Liabilities
Derivatives designated as hedging instruments:
Commodity contracts	$	—	$	—	$	—	$	—	$	23.4	$	10.9	$	—
Interest rate contract		—		—		—		—		18.0		—		3.1

Total derivatives designated as hedging instruments	$	—	$	—	$	—	$	—	$	41.4	$	10.9	$	3.1

Derivatives not designated as hedging instruments:
Commodity contracts	$	6.4	$	23.9	$	0.2	$	3.8	$	11.6	$	5.8	$	—
Foreign currency exchange contracts		4.8		1.0		—		—		1.4		0.7		—

Total derivatives not designated as hedging instruments	$	11.2	$	24.9	$	0.2	$	3.8	$	13.0	$	6.5	$	—

Total derivative instruments	$	11.2	$	24.9	$	0.2	$	3.8	$	54.4	$	17.4	$	3.1

Commodity contracts gains and losses recognized on derivatives designated as cash flow hedges


	Year Ended April 30,
	2015		2014
(Losses) gains recognized in other comprehensive (loss) income (effective portion)	$	(4.0)	$	21.0
Gains (losses) reclassified from accumulated other comprehensive loss to cost of products sold (effective portion)		29.1		(20.3)
Losses reclassified from accumulated other comprehensive loss to interest expense (effective portion)		(0.6)		(0.6)

Change in accumulated other comprehensive loss	$	(32.5)	$	41.9

Gains recognized in cost of products sold (ineffective portion)	$	—	$	1.4
Losses recognized in interest expense (ineffective portion)	$	(0.1)	$	—

Net realized and unrealized gains and losses recognized in cost of products of sold on derivatives not designated as qualified hedging instruments


	Year Ended April 30,
	2015		2014
(Losses) gains on commodity contracts	$	(48.5)	$	5.2
Gains on foreign exchange contracts		8.8		3.3

Total (losses) gains recognized in costs of products sold	$	(39.7)	$	8.5

Schedule of unallocated derivative (losses) gains


	Year Ended April 30,
	2015		2014
Net (losses) gains on mark-to-market valuation of unallocated derivative positions	$	(39.7)	$	8.5
Net losses (gains) on derivative positions reclassified to segment operating profit		15.2		(3.2)

Net mark-to-market valuation of certain derivative positions recognized in unallocated (losses) gains	$	(24.5)	$	5.3

Outstanding derivative contracts


	Year Ended April 30,
	2015		2014
Commodity contracts	$	640.6	$	790.3
Foreign currency exchange contracts		136.4		158.1
Interest rate contract		—		750.0

Other Financial Instruments and Fair Value Measurements (Tables)

12 Months Ended

Apr. 30, 2015

Other Financial Instruments and Fair Value Measurements [Abstract]

Carrying amount and fair value of financial instruments


	April 30, 2015				April 30, 2014
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Other investments	$	48.4	$	48.4	$	55.4	$	55.4
Derivative financial instruments - net		(17.3)		(17.3)		33.9		33.9
Long-term debt		(5,944.9)		(6,011.3)		(1,973.1)		(2,239.1)

Financial assets (liabilities) measured at fair value on a recurring basis


	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value at April 30, 2015
Other investments: ^(A)
Equity mutual funds	$	9.7	$	—	$	—	$	9.7
Municipal obligations		—		37.9		—		37.9
Money market funds		0.8		—		—		0.8
Derivatives: ^(B)
Commodity contracts - net		(12.4)		(8.7)		—		(21.1)
Foreign currency exchange contracts - net		(0.2)		4.0		—		3.8
Long-term debt ^(C)		(4,459.0)		(1,552.3)		—		(6,011.3)

Total financial instruments measured at fair value	$	(4,461.1)	$	(1,519.1)	$	—	$	(5,980.2)


	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value at April 30, 2014
Other investments: ^(A)
Equity mutual funds	$	12.0	$	—	$	—	$	12.0
Municipal obligations		—		34.4		—		34.4
Money market funds		9.0		—		—		9.0
Derivatives: ^(B)
Commodity contracts - net		13.5		4.8		—		18.3
Foreign currency exchange contracts - net		—		0.7		—		0.7
Interest rate contract - net		—		14.9		—		14.9
Long-term debt ^(C)		(772.0)		(1,467.1)		—		(2,239.1)

Total financial instruments measured at fair value	$	(737.5)	$	(1,412.3)	$	—	$	(2,149.8)

(A)

(B)

(C)

Share-Based Payments (Tables)

12 Months Ended

Apr. 30, 2015

Share-Based Payments [Abstract]

Weighted average Black-Scholes assumptions for stock options granted


	2015
Expected volatility (%)		25.0	%
Dividend Yield (%)		2.2	%
Risk-free interest rate (%)		1.5	%
Expected life of stock option (years)		5.6

Summary of the Company's stock option activity and related information


	Number of Options		Weighted-Average Exercise Price
Outstanding at May 1, 2014		33,667	$	44.50
Granted		955,000		112.59
Exercised		31,667		44.29

Outstanding at April 30, 2015		957,000	$	112.45
Exercisable at April 30, 2015		2,000	$	47.78

Summary of restricted shares, deferred shares, deferred stock units, and performance units


	Restricted Shares and Deferred Stock Units		Weighted-Average Grant Date Fair Value		Performance Units		Weighted-Average Conversion Date Fair Value
Outstanding at May 1, 2014		839,188	$	76.54		101,020	$	104.91
Granted		109,091		104.82		75,848		111.41
Converted		101,020		104.91		(101,020)		104.91
Vested		(416,328)		68.59		—		—
Forfeited		(36,082)		90.65		—		—

Outstanding at April 30, 2015		596,889	$	91.21		75,848	$	111.41

Weighted-average grant date fair values of the equity awards


Year Ended April 30,	Restricted Shares and Deferred Stock Units		Weighted-Average Grant Date Fair Value		Performance Units		Weighted-Average Conversion Date Fair Value
2015		109,091	$	104.82		75,848	$	111.41
2014		167,134		101.08		101,020		104.91
2013		109,770		76.37		106,666		100.54

Income Taxes (Tables)

12 Months Ended

Apr. 30, 2015

Income Tax Disclosure [Abstract]

Income (loss) before income taxes


	Year Ended April 30,
	2015		2014		2013
Domestic	$	500.7	$	827.4	$	791.9
Foreign		22.3		22.3		25.4

Income before income taxes	$	523.0	$	849.7	$	817.3

Components of the provision for income taxes


	Year Ended April 30,
	2015		2014		2013
Current:
Federal	$	147.8	$	265.4	$	262.1
Foreign		4.7		4.2		6.1
State and local		17.9		22.9		20.5
Deferred:
Federal		2.3		(13.9)		(15.6)
Foreign		0.5		2.4		0.9
State and local		4.9		3.5		(0.9)

Total income tax expense	$	178.1	$	284.5	$	273.1

Reconciliation of the statutory federal income tax rate and the effective income tax rate


	Year Ended April 30,
Percent of Pretax Income	2015			2014			2013
Statutory federal income tax rate		35.0	%		35.0	%		35.0	%
State and local income taxes		2.4			1.9			1.8
Domestic manufacturing deduction		(2.9)			(3.0)			(3.1)
Other items – net		(0.4)			(0.4)			(0.3)

Effective income tax rate		34.1	%		33.5	%		33.4	%

Income taxes paid	$	199.3		$	294.4		$	279.2

Deferred tax assets and liabilities


	April 30,
	2015		2014
Deferred tax liabilities:
Intangible assets	$	2,499.4	$	1,028.7
Property, plant, and equipment		158.0		94.5
Other		9.6		19.4

Total deferred tax liabilities	$	2,667.0	$	1,142.6

Deferred tax assets:
Post-employment and other employee benefits	$	143.4	$	103.3
Tax credit and loss carryforwards		44.8		—
Intangible assets		22.1		7.6
Inventory		11.6		—
Property, plant, and equipment		19.4		—
Other		32.9		29.8

Total deferred tax assets	$	274.2	$	140.7
Valuation allowance		(4.2)		—

Total deferred tax assets, less allowance	$	270.0	$	140.7

Net deferred tax liability	$	2,397.0	$	1,001.9

Summary of operating loss and tax credit carryforwards


	Related Tax Deduction		Deferred Tax Asset		Valuation Allowance		Expiration Date
Tax carryforwards:
Federal loss carryforwards	$	104.6	$	36.6	$	4.2		2035
State loss carryforwards		119.4		5.9		—		2020 to 2035
Federal tax credit carryforwards		—		0.5		—		2035
State tax credit carryforwards		—		1.8		—		2021

Total tax carryforwards	$	224.0	$	44.8	$	4.2

Reconciliation of unrecognized tax benefits


	2015		2014		2013
Balance at May 1,	$	29.1	$	29.7	$	24.0
Increases:
Current year tax positions		2.4		5.1		4.8
Prior year tax positions		1.2		0.1		2.5
Acquired businesses		13.4		—		—
Decreases:
Prior year tax positions		0.4		1.6		0.2
Settlement with tax authorities		—		1.5		1.0
Expiration of statute of limitations periods		0.7		2.7		0.4

Balance at April 30,	$	45.0	$	29.1	$	29.7

Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Apr. 30, 2015

Accumulated Other Comprehensive (Loss) Income [Abstract]

Components of accumulated other comprehensive (loss) income


	Foreign Currency Translation Adjustment		Unrealized (Loss) Gain on Cash Flow Hedging Derivatives ^(A)		Pension and Other Postretirement Liabilities ^(B)		Unrealized Gain on Available-for-Sale Securities ^(C)		Accumulated Other Comprehensive Loss
Balance at May 1, 2012	$	67.0	$	(19.2)	$	(134.3)	$	2.5	$	(84.0
Reclassification adjustments		—		40.1		20.4		—		60.5
Current period (charge) credit		(5.5)		(27.5)		(16.5)		3.1		(46.4)
Income tax expense		—		(4.6)		(1.0)		(1.1)		(6.7)

Balance at April 30, 2013	$	61.5	$	(11.2)	$	(131.4)	$	4.5	$	(76.6)
Reclassification adjustments		—		20.9		13.3		(3.7)		30.5
Current period (charge) credit		(29.8)		21.0		31.4		1.9		24.5
Income tax (expense) benefit		—		(15.4)		(15.3)		0.7		(30.0)

Balance at April 30, 2014	$	31.7	$	15.3	$	(102.0)	$	3.4	$	(51.6)
Reclassification adjustments		—		(28.5)		9.8		—		(18.7)
Current period charge		(34.0)		(4.0)		(16.2)		(0.1)		(54.3)
Income tax benefit		—		12.0		2.8		—		14.8

Balance at April 30, 2015	$	(2.3)	$	(5.2)	$	(105.6)	$	3.3	$	(109.8)

(A)

Of the total reclassification adjustments from accumulated other comprehensive loss, $29.1 of income and $20.3 and $39.6 of expense were reclassified to cost of products sold related to commodity derivatives during 2015, 2014, and 2013, respectively. An additional $0.6 during 2015 and 2014, and $0.5 during 2013 was reclassified to interest expense related to the interest rate swap. At April 30, 2015, the remaining balance in accumulated other comprehensive loss related entirely to the interest rate swap.

(B)	Amortization of net losses was reclassified from accumulated other comprehensive loss to selling, distribution, and administrative expenses.

(C)	The gain on the sale of marketable securities was reclassified from accumulated other comprehensive loss to other income – net during 2014.

Restructuring (Tables)

12 Months Ended

Apr. 30, 2015

Restructuring [Abstract]

Restructuring and related charges


	Long-Lived Asset Charges		Employee Separation		Site Preparation and Equipment Relocation		Production Start-up		Other Costs		Total
Total restructuring charge	$	102.7	$	64.0	$	45.5	$	42.2	$	9.4	$	263.8

Balance at May 1, 2012	$	—	$	8.8	$	—	$	—	$	—	$	8.8
Charge to expense		8.2		3.4		13.4		10.8		3.0		38.8
Cash payments		—		(4.5)		(13.4)		(10.8)		(3.0)		(31.7)
Noncash utilization		(8.2)		—		—		—		—		(8.2)

Balance at April 30, 2013	$	—	$	7.7	$	—	$	—	$	—	$	7.7
Charge to expense		2.7		2.6		7.2		7.2		1.1		20.8
Cash payments		—		(8.4)		(7.2)		(7.2)		(1.1)		(23.9)
Noncash utilization		(2.7)		(0.2)		—		—		—		(2.9)

Balance at April 30, 2014	$	—	$	1.7	$	—	$	—	$	—	$	1.7
Charge to expense		0.1		0.5		5.3		8.4		1.1		15.4
Cash payments		—		(1.7)		(5.3)		(8.4)		(1.1)		(16.5)
Noncash utilization		(0.1)		—		—		—		—		(0.1)

Balance at April 30, 2015	$	—	$	0.5	$	—	$	—	$	—	$	0.5

Guarantor and Non-Guarantor Financial Information (Tables)

12 Months Ended

Apr. 30, 2015

Guarantor and Non Guarantor Financial Information [Abstract]

CONDENSED STATEMENTS OF CONSOLIDATED INCOME AND COMPREHENSIVE INCOME

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME


	Year Ended April 30, 2015
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Net sales	$	2,998.0	$	1,184.0	$	6,622.4	$	(5,111.7)	$	5,692.7
Cost of products sold		2,457.8		1,080.0		5,301.6		(5,115.4)		3,724.0

Gross Profit		540.2		104.0		1,320.8		3.7		1,968.7
Selling, distribution, and administrative expenses and other special project costs		234.9		53.8		799.2		—		1,087.9
Amortization		4.2		—		106.7		—		110.9
Other operating expense (income) - net		0.3		(2.4)		—		—		(2.1)

Operating Income		300.5		52.6		414.9		3.7		772.0
Interest (expense) income - net		(80.7)		1.2		(0.4		—		(79.9)
Other debt costs		(173.3)		—		—		—		(173.3)
Other income - net		0.6		0.1		3.5		—		4.2
Equity in net earnings of subsidiaries		312.6		131.4		52.7		(496.7)		—

Income Before Income Taxes		360.0		185.3		470.7		(493.0)		523.0
Income taxes		15.1		0.4		162.6		—		178.1

Net Income	$	344.9	$	184.9	$	308.1	$	(493.0)	$	344.9
Other comprehensive loss, net of tax		(58.2)		(18.5)		(43.3)		61.8		(58.2)

Comprehensive Income	$	286.7	$	166.4	$	264.8	$	(431.2)	$	286.7

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME


	Year Ended April 30, 2014
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Net sales	$	3,162.8	$	1,278.8	$	6,601.3	$	(5,432.3)	$	5,610.6
Cost of products sold		2,573.6		1,166.0		5,268.5		(5,428.5)		3,579.6

Gross Profit		589.2		112.8		1,332.8		(3.8)		2,031.0
Selling, distribution, and administrative expenses and other special project costs		197.1		47.5		769.8		—		1,014.4
Amortization		4.2		—		94.7		—		98.9
Other operating (income) expense - net		(1.3)		0.9		(0.9)		—		(1.3)

Operating Income		389.2		64.4		469.2		(3.8)		919.0
Interest (expense) income - net		(80.8)		1.2		(1.5)		1.7		(79.4)
Other income (expense) - net		10.8		—		1.0		(1.7		10.1
Equity in net earnings of subsidiaries		345.1		141.4		64.4		(550.9)		—

Income Before Income Taxes		664.3		207.0		533.1		(554.7)		849.7
Income taxes		99.1		0.4		185.0		—		284.5

Net Income	$	565.2	$	206.6	$	348.1	$	(554.7)	$	565.2
Other comprehensive income, net of tax		25.0		27.4		6.0		(33.4)		25.0

Comprehensive Income	$	590.2	$	234.0	$	354.1	$	(588.1)	$	590.2

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME


	Year Ended April 30, 2013
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Net sales	$	4,447.6	$	1,296.4	$	5,430.3	$	(5,276.6)	$	5,897.7
Cost of products sold		3,957.3		1,190.6		4,015.0		(5,292.8)		3,870.1

Gross Profit		490.3		105.8		1,415.3		16.2		2,027.6
Selling, distribution, and administrative expenses and other special project costs		199.0		42.9		781.5		—		1,023.4
Amortization		4.8		—		92.0		—		96.8
Other operating (income) expense - net		(2.7)		(2.2)		1.9		—		(3.0)

Operating Income		289.2		65.1		539.9		16.2		910.4
Interest (expense) income - net		(94.4)		1.2		(0.2)		—		(93.4)
Other income (expense) - net		0.7		1.1		(1.5)		—		0.3
Equity in net earnings of subsidiaries		408.6		156.7		66.4		(631.7)		—

Income Before Income Taxes		604.1		224.1		604.6		(615.5)		817.3
Income taxes		59.9		0.4		212.8		—		273.1

Net Income	$	544.2	$	223.7	$	391.8	$	(615.5)	$	544.2
Other comprehensive income, net of tax		7.4		9.0		4.1		(13.1)		7.4

Comprehensive Income	$	551.6	$	232.7	$	395.9	$	(628.6)	$	551.6

CONDENSED CONSOLIDATED BALANCE SHEETS

CONDENSED CONSOLIDATING BALANCE SHEETS


	April 30, 2015
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
ASSETS
Current Assets
Cash and cash equivalents	$	7.1	$	—	$	118.5	$	—	$	125.6
Inventories		—		180.3		979.6		3.7		1,163.6
Other current assets		427.4		4.8		343.5		(12.6)		763.1

Total Current Assets		434.5		185.1		1,441.6		(8.9)		2,052.3
Property, Plant, and Equipment-Net		258.0		591.3		829.0		—		1,678.3
Investments in Subsidiaries		14,610.4		4,179.7		272.4		(19,062.5)		—
Intercompany Receivable		—		305.2		133.1		(438.3)		—
Other Noncurrent Assets
Goodwill		1,082.0		—		4,927.8		—		6,009.8
Other intangible assets-net		501.1		—		6,449.2		—		6,950.3
Other noncurrent assets		55.6		10.5		125.8		—		191.9

Total Other Noncurrent Assets		1,638.7		10.5		11,502.8		—		13,152.0

Total Assets	$	16,941.6	$	5,271.8	$	14,178.9	$	(19,509.7)	$	16,882.6


LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities	$	484.0	$	82.6	$	468.6	$	(12.6)	$	1,022.6
Noncurrent Liabilities
Long-term debt		5,944.9		—		—		—		5,944.9
Deferred income taxes		106.9		—		2,366.4		—		2,473.3
Intercompany payable		3,080.2		—		—		(3,080.2)		—
Other noncurrent liabilities		238.7		15.2		101.0		—		354.9

Total Noncurrent Liabilities		9,370.7		15.2		2,467.4		(3,080.2)		8,773.1

Total Liabilities		9,854.7		97.8		2,936.0		(3,092.8)		9,795.7

Total Shareholders’ Equity		7,086.9		5,174.0		11,242.9		(16,416.9)		7,086.9

Total Liabilities and Shareholders’ Equity	$	16,941.6	$	5,271.8	$	14,178.9	$	(19,509.7)	$	16,882.6

CONDENSED CONSOLIDATING BALANCE SHEETS


	April 30, 2014
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
ASSETS
Current Assets
Cash and cash equivalents	$	6.8	$	—	$	146.7	$	—	$	153.5
Inventories		—		173.3		761.4		(3.7)		931.0
Other current assets		360.2		9.9		94.6		(10.1)		454.6

Total Current Assets		367.0		183.2		1,002.7		(13.8)		1,539.1
Property, Plant, and Equipment - Net		233.6		551.1		480.9		—		1,265.6
Investments in Subsidiaries		8,367.6		4,063.3		237.9		(12,668.8)		—
Intercompany Receivable		—		315.5		1,132.2		(1,447.7)		—
Other Noncurrent Assets
Goodwill		1,082.0		—		2,016.2		—		3,098.2
Other intangible assets - net		505.5		—		2,518.8		—		3,024.3
Other noncurrent assets		58.5		11.1		63.4		—		133.0

Total Other Noncurrent Assets		1,646.0		11.1		4,598.4		—		6,255.5

Total Assets	$	10,614.2	$	5,124.2	$	7,452.1	$	(14,130.3)	$	9,060.2


LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities	$	590.7	$	103.8	$	201.4	$	(10.1)	$	885.8
Noncurrent Liabilities
Long-term debt		1,873.1		—		—		—		1,873.1
Deferred income taxes		107.6		—		913.1		—		1,020.7
Intercompany payable		2,792.9		—		—		(2,792.9)		—
Other noncurrent liabilities		220.3		12.8		17.9		—		251.0

Total Noncurrent Liabilities		4,993.9		12.8		931.0		(2,792.9)		3,144.8

Total Liabilities		5,584.6		116.6		1,132.4		(2,803.0)		4,030.6

Total Shareholders’ Equity		5,029.6		5,007.6		6,319.7		(11,327.3)		5,029.6

Total Liabilities and Shareholders’ Equity	$	10,614.2	$	5,124.2	$	7,452.1	$	(14,130.3)	$	9,060.2

CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	Year Ended April 30, 2015
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Net Cash Provided by Operating Activities	$	239.2	$	87.8	$	406.2	$	—	$	733.2

Investing Activities
Businesses acquired, net of cash acquired		(1,240.0)		—		(80.5)		—		(1,320.5)
Additions to property, plant, and equipment		(56.3)		(93.3)		(98.1)		—		(247.7)
Proceeds from disposal of property, plant, and equipment		—		1.1		1.5		—		2.6
Equity investments in subsidiaries		(2,715.3)		—		—		2,715.3		—
Repayments from (disbursements of) intercompany loans		—		10.2		(297.5)		287.3		—
Other - net		—		(5.8)		(24.3)		—		(30.1)

Net Cash (Used for) Provided by Investing Activities		(4,011.6)		(87.8)		(498.9)		3,002.6		(1,595.7)

Financing Activities
Short-term repayments - net		(5.3)		—		(17.1)		—		(22.4)
Proceeds from long-term debt		5,382.5		—		—		—		5,382.5
Repayments of long-term debt, including make-whole payments		(1,580.8)		—		(2,613.1)		—		(4,193.9)
Quarterly dividends paid		(254.0)		—		—		—		(254.0)
Purchase of treasury shares		(24.3)		—		—		—		(24.3)
Proceeds from stock option exercises		0.8		—		—		—		0.8
Investments in subsidiaries		—		—		2,715.3		(2,715.3)		—
Intercompany payable		287.3		—		—		(287.3)		—
Other - net		(33.5)		—		8.0		—		(25.5)

Net Cash Provided by (Used for) Financing Activities		3,772.7		—		93.1		(3,002.6)		863.2
Effect of exchange rate changes on cash		—		—		(28.6)		—		(28.6)

Net decrease in cash and cash equivalents		0.3		—		(28.2)		—		(27.9)
Cash and cash equivalents at beginning of year		6.8		—		146.7		—		153.5

Cash and Cash Equivalents at End of Year	$	7.1	$	—	$	118.5	$	—	$	125.6

( )	Denotes use of cash

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	Year Ended April 30, 2014
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Net Cash Provided by Operating Activities	$	297.8	$	168.5	$	389.7	$	—	$	856.0

Investing Activities
Businesses acquired, net of cash acquired		—		—		(101.8)		—		(101.8)
Additions to property, plant, and equipment		(31.1)		(163.2)		(85.2)		—		(279.5)
Sales and maturities of marketable securities		10.0		—		—		—		10.0
Proceeds from disposal of property, plant, and equipment		—		0.6		10.1		—		10.7
Equity investments in subsidiaries		(108.9)		(17.1)		—		126.0		—
Repayments from (disbursements of) intercompany loans		—		9.3		(283.0)		273.7		—
Other - net		(3.2)		0.2		(6.7)		—		(9.7)

Net Cash (Used for) Provided by Investing Activities		(133.2)		(170.2)		(466.6)		399.7		(370.3)

Financing Activities
Short-term borrowing - net		248.4		—		—		—		248.4
Repayments of long-term debt		(50.0)		—		—		—		(50.0)
Quarterly dividends paid		(238.0)		—		—		—		(238.0)
Purchase of treasury shares		(508.5)		—		—		—		(508.5)
Proceeds from stock option exercises		0.5		—		—		—		0.5
Investments in subsidiaries		—		—		126.0		(126.0)		—
Intercompany payable		273.7		—		—		(273.7)		—
Other - net		8.1		1.7		(37.7)		—		(27.9)

Net Cash (Used for) Provided by Financing Activities		(265.8)		1.7		88.3		(399.7)		(575.5)
Effect of exchange rate changes on cash		—		—		(13.1)		—		(13.1)

Net decrease in cash and cash equivalents		(101.2)		—		(1.7)		—		(102.9)
Cash and cash equivalents at beginning of year		108.0		—		148.4		—		256.4

Cash and Cash Equivalents at End of Year	$	6.8	$	—	$	146.7	$	—	$	153.5

( )	Denotes use of cash

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	Year Ended April 30, 2013
	The J. M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Net Cash Provided by Operating Activities	$	201.7	$	46.4	$	607.7	$	—	$	855.8

Investing Activities
Additions to property, plant, and equipment		(33.6)		(103.1)		(69.8)		—		(206.5)
Proceeds from disposal of property, plant, and equipment		—		0.1		3.2		—		3.3
Equity investments in subsidiaries		(3.7)		(174.2)		—		177.9		—
Repayments from (disbursements of) intercompany loans		—		227.4		(693.6)		466.2		—
Other - net		(9.5)		3.4		23.7		—		17.6

Net Cash (Used for) Provided by Investing Activities		(46.8)		(46.4)		(736.5)		644.1		(185.6)

Financing Activities
Repayments of long-term debt		(50.0)		—		—		—		(50.0)
Quarterly dividends paid		(222.8)		—		—		—		(222.8)
Purchase of treasury shares		(364.2)		—		—		—		(364.2)
Proceeds from stock option exercises		2.2		—		—		—		2.2
Investments in subsidiaries		9.9		—		168.0		(177.9)		—
Intercompany payable		466.2		—		—		(466.2)		—
Other - net		3.5		—		(9.7)		—		(6.2)

Net Cash (Used for) Provided by Financing Activities		(155.2)		—		158.3		(644.1)		(641.0)
Effect of exchange rate changes on cash		—		—		(2.5)		—		(2.5)

Net (decrease) increase in cash and cash equivalents		(0.3)		—		27.0		—		26.7
Cash and cash equivalents at beginning of year		108.3		—		121.4		—		229.7

Cash and Cash Equivalents at End of Year	$	108.0	$	—	$	148.4	$	—	$	256.4

( )	Denotes use of cash

Accounting Policies (Details) - USD ($) $ in Millions	12 Months Ended
Accounting Policies (Details) - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Share based payments
Share-based compensation expense included in selling, distribution, and administrative expenses	$ 22.3	$ 22.1	$ 20.5
Share-based compensation expense included in other special project costs	1.2	0.8	0.8
Total share-based compensation expense	23.5	22.9	21.3
Related income tax benefit	$ 8.0	$ 7.7	$ 7.1

Accounting Policies (Details Textual) $ in Millions	12 Months Ended
Accounting Policies (Details Textual) $ in Millions	Apr. 30, 2015 USD ($) Facility Contract ReportingUnits	Apr. 30, 2014 USD ($)	Apr. 30, 2013 USD ($)	Apr. 30, 2012 USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive (loss) income	$ (109.8)	$ (51.6)	$ (76.6)	$ (84.0)
Accounting Policies (Additional Textual) [Abstract]
Company's total promotional expenditures, including amounts classified as a reduction of net sales, represented approximately in percentage of net sales	29.00%	27.00%	25.00%
Advertising expense	$ 107.0	$ 124.7	$ 131.6
Research and development costs	$ 32.5	24.3	24.7
Requisite performance period for share-based payments	1 year
Requisite service period for share-based payments	4 years
Compensation cost related to nonvested share-based awards not yet recognized	$ 48.9
Weighted-average period of recognition	2 years 6 months
Excess tax benefits realized upon exercise or vesting of share-based compensation	$ 5.9	7.3	2.9
Charges for defined contribution plans	21.1	20.1	18.6
Allowance for doubtful accounts	1.0	0.9
Work-in-process inventory	81.5	62.1
Minimum operating lease obligations in 2016	43.1
Minimum operating lease obligations in 2017	40.5
Minimum operating lease obligations in 2018	36.0
Minimum operating lease obligations in 2019	27.1
Minimum operating lease obligations in 2020	22.0
Rent expense	67.1	60.6	59.2
Fair value of funds for the payment of benefits associated with nonqualified retirement plans included in other noncurrent assets	48.4	55.4
Unrealized pre-tax gains included in accumulated other comprehensive loss on available-for-sale securities	$ 5.2	5.3
Number of union contracts expiring in 2016 \| Contract	3
Facilities covered by union contracts \| Facility	10
Cash and cash equivalents maturity period	Three months or less
The period under which uncertain tax positions are considered short term	1 year
Deferred net gains recognized in accumulated other comprehensive loss		18.3
Number of reporting units \| ReportingUnits	6
Foreign Currency Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive (loss) income	$ (2.3)	$ 31.7	$ 61.5	$ 67.0
Machinery and equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	20 years
Machinery and equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	3 years
Capitalized software costs [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	7 years
Capitalized software costs [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	1 year
Buildings, fixtures, and improvements [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	40 years
Buildings, fixtures, and improvements [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	5 years
Seamild [Member]
Schedule of Equity Method Investments [Line Items]
Percentage of equity interest acquired	25.00%
Equity method investment	$ 35.9
Natural Blend [Member]
Schedule of Equity Method Investments [Line Items]
Percentage of equity interest acquired	50.00%
Equity method investment	$ 10.6
Mountain Country Foods [Member]
Schedule of Equity Method Investments [Line Items]
Percentage of equity interest acquired	20.00%
Equity method investment	$ 19.1
Unionized Employees [Member] \| Number of Employees, Total [Member]
Concentration Risk [Line Items]
Percentage of concentration risk	28.00%
Unionized Employees Subject to Union Contracts Expiring within One Year \| Number of Employees, Total [Member]
Concentration Risk [Line Items]
Percentage of concentration risk	11.00%
2015 Options [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite service and performance period for share based payments	3 years
2015 Options [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite service and performance period for share based payments	1 year

Acquisitions (Details) - USD ($) $ in Millions	12 Months Ended
Acquisitions (Details) - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013	Mar. 23, 2015
Business Acquisition [Line Items]
Cash consideration, net of cash acquired	$ 1,320.5	$ 101.8	$ 0.0
Big Heart [Member]
Business Acquisition [Line Items]
Shares issued				$ 2,035.5
Assumed debt from Big Heart				$ 2,630.2
Cash consideration, net of cash acquired	1,240.0
Total purchase price	$ 5,905.7

Acquisitions (Details 1) - USD ($) $ in Millions	Apr. 30, 2015	Mar. 23, 2015	Apr. 30, 2014	Apr. 30, 2013
Assets acquired:
Intangible assets			$ 37.6
Goodwill	$ 6,009.8		$ 3,098.2	$ 3,052.9
Big Heart [Member]
Assets acquired:
Trade receivables		$ 142.0
Inventories		257.7
Other current assets		210.7
Property, plant, and equipment		324.0
Intangible assets		4,009.8
Goodwill		2,871.2
Other noncurrent assets		38.0
Total assets acquired		7,853.4
Liabilities assumed:
Current liabilities		398.9
Deferred tax liabilities		1,464.0
Other noncurrent liabilities		84.8
Total liabilities assumed		1,947.7
Net assets acquired		$ 5,905.7

Acquisitions (Details 2) - USD ($) $ in Millions	12 Months Ended
Acquisitions (Details 2) - USD ($) $ in Millions	Apr. 30, 2015	Mar. 23, 2015	Apr. 30, 2014
The purchase price allocated to the identifiable intangible assets
Total intangible assets			$ 37.6
Finite-Lived Intangible Asset, Useful Life	22 years
Trademarks [Member]
The purchase price allocated to the identifiable intangible assets
Finite-Lived Intangible Asset, Useful Life	15 years
Big Heart [Member]
The purchase price allocated to the identifiable intangible assets
Total intangible assets		$ 4,009.8
Big Heart [Member] \| Customer relationships [Member]
The purchase price allocated to the identifiable intangible assets
Intangible assets with finite lives		2,289.8
Finite-Lived Intangible Asset, Useful Life	25 years
Big Heart [Member] \| Trademarks [Member]
The purchase price allocated to the identifiable intangible assets
Intangible assets with finite lives		257.0
Intangible assets with indefinite lives		$ 1,463.0
Finite-Lived Intangible Asset, Useful Life	15 years

Acquisitions (Details 3) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Business Acquisition, Pro Forma Information [Abstract]
Net sales		$ 5,692.7	$ 5,610.6	$ 5,897.7
Net Income		$ 344.9	$ 565.2	$ 544.2
Net income per common share - assuming dilution		$ 3.33	$ 5.42	$ 5.00
Big Heart [Member]
Business Acquisition, Pro Forma Information [Abstract]
Net sales	$ 244.5	$ 7,732.5	$ 7,800.7
Net Income		$ 541.8	$ 547.7
Net income per common share - assuming dilution		$ 4.53	$ 4.48

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Acquisitions (Details Textual) $ in Millions	1 Months Ended	12 Months Ended
Acquisitions (Details Textual) $ in Millions	Apr. 30, 2015 USD ($) shares	Apr. 30, 2015 USD ($) shares	Apr. 30, 2014 USD ($) Acquisition shares	Apr. 30, 2013 USD ($)	Mar. 23, 2015 USD ($) shares	Mar. 20, 2015 USD ($)	Mar. 02, 2015 USD ($)
Acquisitions (Textual) [Abstract]
Goodwill, acquired during period		$ 2,918.8	$ 52.1
Long-term debt	$ 5,944.9	5,944.9	1,873.1
Total intangible assets, excluding goodwill, from acquisitions			37.6
Net sales		5,692.7	5,610.6	$ 5,897.7
Operating income (loss)		772.0	$ 919.0	910.4
Acquisition related costs expensed during the period		36.0
Number of businesses acquired \| Acquisition			2
Debt instrument face amount						$ 3,700.0
Cash payments for acquisitions		$ 1,320.5	$ 101.8	0.0
Acquisitions (Additional Textual) [Abstract]
Common shares outstanding \| shares	119,577,333	119,577,333	101,697,400		120,000,000
Other Debt Costs		$ 173.3	$ 0.0	0.0
Senior Notes [Member]
Acquisitions (Textual) [Abstract]
Debt instrument face amount						$ 3,700.0
Term Loan Credit Agreement due March 23, 2020 [Member]
Acquisitions (Textual) [Abstract]
Debt instrument face amount	$ 1,550.0	1,550.0	0.0				$ 1,800.0
U.S. Retail Coffee [Member]
Acquisitions (Textual) [Abstract]
Goodwill, acquired during period		(0.3)	22.8
Net sales		2,076.1	2,161.7	2,306.5
International, Foodservice, and Natural Foods [Member]
Acquisitions (Textual) [Abstract]
Goodwill, acquired during period		60.9	29.3
Net sales		1,272.7	1,276.3	1,376.4
U S Retail Consumer Foods [Member]
Acquisitions (Textual) [Abstract]
Goodwill, acquired during period		47.9	0.0
U.S. Retail Pet Foods [Member]
Acquisitions (Textual) [Abstract]
Goodwill, acquired during period		2,810.3	0.0
Net sales		239.1	0.0	$ 0.0
Big Heart [Member]
Acquisitions (Textual) [Abstract]
Goodwill deductible for tax purpose	91.5	$ 91.5
Shares issued to shareholders of acquiree \| shares		17,900,000
Long-term debt	5,400.0	$ 5,400.0
Business acquisition transaction costs					$ 225.0
One-time costs to be recognized over three years with one half expected to be recognized in 2016		These one-time costs are anticipated to be incurred primarily over the next three years, with one-half of the costs expected to be recognized in 2016.
Total intangible assets, excluding goodwill, from acquisitions					4,009.8
Payments for acquisition related costs		$ 150.0
Net sales	244.5	$ 7,732.5	7,800.7
Operating income (loss)	(26.0)
Acquisition fair value measurement period		1 year
Business acquisition consideration given		$ 5,905.7
Value of shares issued to shareholders of acquiree					2,035.5
Business acquisition debt assumed					$ 2,630.2
Cash payments for acquisitions		1,240.0
Big Heart [Member] \| U.S. Retail Pet Foods [Member]
Acquisitions (Textual) [Abstract]
Goodwill, acquired during period		2,900.0
Sahale [Member]
Acquisitions (Textual) [Abstract]
Total intangible assets, excluding goodwill, from acquisitions	$ 30.4	30.4
Cash payments for acquisitions		80.5
Sahale [Member] \| U S Retail Consumer Foods [Member]
Acquisitions (Textual) [Abstract]
Goodwill, acquired during period		47.9
Enray [Member] \| International, Foodservice, and Natural Foods [Member]
Acquisitions (Textual) [Abstract]
Goodwill, acquired during period			29.3
Silocaf [Member] \| U.S. Retail Coffee [Member]
Acquisitions (Textual) [Abstract]
Goodwill, acquired during period			$ 22.8
Acquisition Related Cost [Member]
Acquisitions (Textual) [Abstract]
Business acquisition proforma adjustment		$ 108.3

Reportable Segments (Details) - USD ($)
$ in Millions

12 Months Ended

Apr. 30, 2015

Apr. 30, 2014

Apr. 30, 2013

Net sales:

Net sales

$ 5,692.7

$ 5,610.6

$ 5,897.7

Segment profit:

Segment profit

1,133.5

1,200.6

1,214.4

Assets:

Assets

16,882.6

9,060.2

9,024.1

Depreciation, amortization, and impairment charges:

Depreciation, amortization, and impairment charges

268.4

256.4

250.9

Additions to property, plant and equipment:

Additions to property, plant and equipment

247.7

279.5

206.5

Interest expense - net

(79.9)

(79.4)

(93.4)

Other debt costs

(173.3)

0.0

Unallocated derivative (losses) gains

(24.5)

5.3

6.6

Cost of products sold - special project costs

(6.2)

(9.4)

(11.5)

Other special project costs

(56.6)

(25.6)

(49.5)

Corporate administrative expenses

(274.2)

(251.9)

(249.6)

Other income - net

4.2

10.1

0.3

Income Before Income Taxes

523.0

849.7

817.3

U.S. Retail Coffee [Member]

Net sales:

Net sales

2,076.1

2,161.7

2,306.5

Segment profit:

Segment profit

549.2

639.8

603.8

Assets:

Assets

4,854.0

4,885.6

4,882.4

Depreciation, amortization, and impairment charges:

Depreciation, amortization, and impairment charges

102.7

99.9

100.7

Additions to property, plant and equipment:

Additions to property, plant and equipment

56.7

50.7

46.5

U.S. Retail Consumer Foods [Member]

Net sales:

Net sales

2,104.8

2,172.6

2,214.8

Segment profit:

Segment profit

432.9

393.0

413.9

Assets:

Assets

2,846.0

2,684.1

2,618.2

Depreciation, amortization, and impairment charges:

Depreciation, amortization, and impairment charges

54.1

52.9

47.1

Additions to property, plant and equipment:

Additions to property, plant and equipment

113.2

138.8

85.1

U.S. Retail Pet Foods [Member]

Net sales:

Net sales

239.1

0.0

Segment profit:

Segment profit

(15.3)

0.0

Assets:

Assets

7,611.8

0.0

Depreciation, amortization, and impairment charges:

Depreciation, amortization, and impairment charges

14.3

0.0

Additions to property, plant and equipment:

Additions to property, plant and equipment

19.4

0.0

International, Foodservice, and Natural Foods [Member]

Net sales:

Net sales

1,272.7

1,276.3

1,376.4

Segment profit:

Segment profit

166.7

167.8

196.7

Assets:

Assets

1,327.2

1,248.9

1,201.3

Depreciation, amortization, and impairment charges:

Depreciation, amortization, and impairment charges

66.0

67.4

63.7

Additions to property, plant and equipment:

Additions to property, plant and equipment

58.4

90.0

74.9

Unallocated [Member]

Assets:

Assets

^[1]

243.6

241.6

322.2

Depreciation, amortization, and impairment charges:

Depreciation, amortization, and impairment charges

^[2]

$ 31.3

$ 36.2

$ 39.4

[1]	Primarily represents unallocated cash and cash equivalents and corporate-held investments.
[2]	Primarily represents unallocated corporate administrative expense, mainly depreciation and software amortization.

Reportable Segments (Details 1) - USD ($) $ in Millions	12 Months Ended
Reportable Segments (Details 1) - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Net sales:
Net sales	$ 5,692.7	$ 5,610.6	$ 5,897.7
Assets:
Assets	16,882.6	9,060.2	9,024.1
Segment Reporting Information [Line Items]
Total long-lived assets (excluding goodwill and other intangible assets)	1,870.2	1,398.6	1,286.6
United States [Member]
Net sales:
Net sales	5,188.5	5,092.0	5,355.9
Assets:
Assets	16,407.0	8,638.6	8,577.7
Long-lived assets (excluding goodwill and other intangible assets):
Long-lived assets	1,815.0	1,343.2	1,227.0
Canada [Member]
Net sales:
Net sales	413.8	437.2	459.5
Assets:
Assets	362.1	257.7	396.3
Long-lived assets (excluding goodwill and other intangible assets):
Long-lived assets	14.3	16.5	20.6
All other international [Member]
Net sales:
Net sales	90.4	81.4	82.3
Assets:
Assets	113.5	163.9	50.1
Long-lived assets (excluding goodwill and other intangible assets):
Long-lived assets	40.9	38.9	39.0
Total international [Member]
Net sales:
Net sales	504.2	518.6	541.8
Assets:
Assets	475.6	421.6	446.4
Long-lived assets (excluding goodwill and other intangible assets):
Long-lived assets	$ 55.2	$ 55.4	$ 59.6

Reportable Segments (Details 2)	12 Months Ended
Reportable Segments (Details 2)	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Product Sales Information
Total product sales	100.00%	100.00%	100.00%
Coffee [Member]
Product Sales Information
Total product sales	44.00%	46.00%	48.00%
Peanut butter [Member]
Product Sales Information
Total product sales	13.00%	13.00%	13.00%
Fruit spreads [Member]
Product Sales Information
Total product sales	6.00%	6.00%	6.00%
Shortening and oils [Member]
Product Sales Information
Total product sales	6.00%	6.00%	6.00%
Baking mixes and frostings [Member]
Product Sales Information
Total product sales	5.00%	6.00%	6.00%
Canned milk [Member]
Product Sales Information
Total product sales	4.00%	5.00%	4.00%
Flour and baking ingredients [Member]
Product Sales Information
Total product sales	4.00%	4.00%	4.00%
Juices and beverages [Member]
Product Sales Information
Total product sales	3.00%	3.00%	3.00%
Frozen handheld [Member]
Product Sales Information
Total product sales	3.00%	3.00%	3.00%
Pet food [Member]
Product Sales Information
Total product sales	3.00%	0.00%	0.00%
Portion control [Member]
Product Sales Information
Total product sales	2.00%	2.00%	2.00%
Toppings and syrups [Member]
Product Sales Information
Total product sales	1.00%	2.00%	2.00%
Pet snacks [Member]
Product Sales Information
Total product sales	1.00%	0.00%	0.00%
Other [Member]
Product Sales Information
Total product sales	5.00%	4.00%	3.00%

Reportable Segments (Details Textual) $ in Millions	12 Months Ended
Reportable Segments (Details Textual) $ in Millions	Apr. 30, 2015 USD ($) Segment Industry	Apr. 30, 2014 USD ($)	Apr. 30, 2013
Concentration Risk [Line Items]
Trade receivables, less allowance for doubtful accounts	$ 430.1	$ 309.4
Reportable Segments (Textual) [Abstract]
Number of reportable segments \| Segment	4
Number of industries in which Company operates \| Industry	1
Major Customer [Member] \| Sales [Member]
Concentration Risk [Line Items]
Percentage of concentration risk	10.00%	10.00%	10.00%
Wal-Mart Major Customer [Member]
Concentration Risk [Line Items]
Trade receivables, less allowance for doubtful accounts	$ 122.6	$ 76.6
Wal-Mart Major Customer [Member] \| Sales [Member]
Concentration Risk [Line Items]
Percentage of concentration risk	28.00%	27.00%	26.00%

Earnings per Share (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Net income allocated to common stockholders
Net income	$ 344.9	$ 565.2	$ 544.2
Net income allocated to participating securities	2.2	4.5	4.7
Net income allocated to common stockholders	$ 342.7	$ 560.7	$ 539.5
Weighted-average common shares, basic and diluted
Weighted-average common shares outstanding	103,038,271	103,504,121	107,881,519
Dilutive effect of stock options	5,283	14,346	23,256
Weighted-average common shares outstanding - assuming dilution	103,043,554	103,518,467	107,904,775
Computation of net income per common share
Net income per common share	$ 3.33	$ 5.42	$ 5.00
Net income per common share - assuming dilution	$ 3.33	$ 5.42	$ 5.00

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014
Summary of changes in the company's goodwill
Goodwill, Beginning Balance	$ 3,098.2	$ 3,052.9
Acquisitions	2,918.8	52.1
Other	(7.2)	(6.8)
Goodwill, Ending Balance	6,009.8	3,098.2
U.S. Retail Coffee [Member]
Summary of changes in the company's goodwill
Goodwill, Beginning Balance	1,743.1	1,720.3
Acquisitions	(0.3)	22.8
Other	0.1	0.0
Goodwill, Ending Balance	1,742.9	1,743.1
U.S. Retail Consumer Foods [Member]
Summary of changes in the company's goodwill
Goodwill, Beginning Balance	1,032.2	1,034.6
Acquisitions	47.9	0.0
Other	(2.5)	(2.4)
Goodwill, Ending Balance	1,077.6	1,032.2
U.S. Retail Pet Foods [Member]
Summary of changes in the company's goodwill
Goodwill, Beginning Balance	0.0	0.0
Acquisitions	2,810.3	0.0
Other	0.0	0.0
Goodwill, Ending Balance	2,810.3	0.0
International, Foodservice, and Natural Foods [Member]
Summary of changes in the company's goodwill
Goodwill, Beginning Balance	322.9	298.0
Acquisitions	60.9	29.3
Other	(4.8)	(4.4)
Goodwill, Ending Balance	$ 379.0	$ 322.9

Goodwill and Other Intangible Assets (Details 1) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014
Finite-lived intangible assets subject to amortization:
Finite-lived intangible assets subject to amortization Acquisition Cost	$ 4,230.9	$ 1,670.7
Finite-lived intangible assets subject to amortization Accumulated Amortization / Impairment Charges / Foreign Currency Exchange	600.3	491.0
Finite-lived intangible assets subject to amortization, Net	3,630.6	1,179.7
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Intangible Assets Acquisition Cost	7,568.9	3,529.6
Total other intangible assets Accumulated Amortization / Impairment charges / Foreign currency exchange	618.6	505.3
Intangible Assets, Net (Excluding Goodwill)	6,950.3	3,024.3
Trademarks [Member]
Indefinite-lived intangible assets not subject to amortization:
Indefinite-lived intangible assets not subject to amortization Acquisition Cost	3,338.0	1,858.9
Indefinite-lived intangible assets not subject to amortization Accumulated Amortization / Impairment Charges / Foreign Currency Exchange	18.3	14.3
Indefinite-lived intangible assets not subject to amortization, Net	3,319.7	1,844.6
Customer and contractual relationships [Member]
Finite-lived intangible assets subject to amortization:
Finite-lived customer relationships gross	3,733.9	1,436.2
Finite-lived intangible assets subject to amortization Accumulated Amortization / Impairment Charges / Foreign Currency Exchange	477.9	392.6
Finite-lived intangible assets subject to amortization, Net	3,256.0	1,043.6
Patents and technology [Member]
Finite-lived intangible assets subject to amortization:
Finite-lived patents gross	169.0	164.5
Finite-lived intangible assets subject to amortization Accumulated Amortization / Impairment Charges / Foreign Currency Exchange	74.8	61.9
Finite-lived intangible assets subject to amortization, Net	94.2	102.6
Trademarks [Member]
Finite-lived intangible assets subject to amortization:
Finite-lived trademarks gross	328.0	70.0
Finite-lived intangible assets subject to amortization Accumulated Amortization / Impairment Charges / Foreign Currency Exchange	47.6	36.5
Finite-lived intangible assets subject to amortization, Net	$ 280.4	$ 33.5

Goodwill and Other Intangible Assets (Details Textual) $ in Millions	12 Months Ended
	Apr. 30, 2015 USD ($) ReportingUnits	Apr. 30, 2014 USD ($)	Apr. 30, 2013 USD ($)
Goodwill and Other intangible assets (Textual) [Abstract]
Weighted-average useful life of the finite-lived intangible assets	22 years
Goodwill And Other Intangible Assets (Additional Textual) [Abstract]
Amortization expense for finite-lived intangible assets	$ 110.3	$ 98.7	$ 96.6
Estimated amortization expense for 2016	212.2
Estimated amortization expense for 2017	211.5
Estimated amortization expense for 2018	209.1
Estimated amortization expense for 2019	208.9
Estimated amortization expense for 2020	$ 207.4
Number of reporting units \| ReportingUnits	6
Customer and Contractual Relationships [Member]
Goodwill and Other intangible assets (Textual) [Abstract]
Weighted-average useful life of the finite-lived intangible assets	23 years
Trademarks [Member]
Goodwill and Other intangible assets (Textual) [Abstract]
Weighted-average useful life of the finite-lived intangible assets	15 years
Patents And Technology [Member]
Goodwill and Other intangible assets (Textual) [Abstract]
Weighted-average useful life of the finite-lived intangible assets	13 years

Debt and Financing Arrangements (Details) - USD ($) $ in Millions	Apr. 30, 2015	Mar. 20, 2015	Mar. 02, 2015	Apr. 30, 2014
Debt and Financing Arrangements [Abstract]
Total long-term debt	$ 5,944.9			$ 1,973.1
Current portion of long-term debt	0.0			100.0
Total long-term debt, less current portion	5,944.9			1,873.1
Long-term debt
Debt instrument face amount		$ 3,700.0
Senior Notes [Member]
Long-term debt
Debt instrument face amount		$ 3,700.0
4.78% Senior Notes due June 1, 2014 [Member]
Long-term debt
Company issued Senior Notes	$ 0.0			100.0
Interest rate on notes	4.78%
Debt instrument face amount	$ 0.0			100.0
6.12% Senior Notes due November 1, 2015 [Member]
Long-term debt
Company issued Senior Notes	$ 0.0			24.0
Interest rate on notes	6.12%
Debt instrument face amount	$ 0.0			24.0
6.63% Senior Notes due November 1, 2018 [Member]
Long-term debt
Company issued Senior Notes	$ 0.0			391.4
Interest rate on notes	6.63%
Debt instrument face amount	$ 0.0			376.0
3.50% Senior Notes due October 15, 2021 [Member]
Long-term debt
Interest rate on notes	3.50%
Debt instrument face amount	$ 750.0			750.0
Notes Payable, Noncurrent	796.0			758.8
5.55% Senior Notes due April 1, 2022 [Member]
Long-term debt
Company issued Senior Notes	$ 0.0			299.2
Interest rate on notes	5.55%
Debt instrument face amount	$ 0.0			300.0
4.50% Senior Notes due June 1, 2025 [Member]
Long-term debt
Company issued Senior Notes	$ 0.0			399.7
Interest rate on notes	4.50%
Debt instrument face amount	$ 0.0			400.0
1.75% Senior Notes due March 15, 2018 {Member]
Long-term debt
Company issued Senior Notes	$ 496.9			0.0
Interest rate on notes	1.75%
Debt instrument face amount	$ 500.0			0.0
2.50% Senior Notes due March 15, 2020 [Member]
Long-term debt
Company issued Senior Notes	$ 494.3			0.0
Interest rate on notes	2.50%
Debt instrument face amount	$ 500.0			0.0
3.00% Senior Notes due March 15, 2022 [Member]
Long-term debt
Company issued Senior Notes	$ 395.3			0.0
Interest rate on notes	3.00%
Debt instrument face amount	$ 400.0			0.0
3.50% Senior Notes due March 15, 2025 [Member]
Long-term debt
Company issued Senior Notes	$ 991.9			0.0
Interest rate on notes	3.50%
Debt instrument face amount	$ 1,000.0			0.0
4.25% Senior Notes due March 15, 2035 [Member]
Long-term debt
Company issued Senior Notes	$ 641.8			0.0
Interest rate on notes	4.25%
Debt instrument face amount	$ 650.0			0.0
4.38% Senior Notes due March 15, 2045 [Member]
Long-term debt
Company issued Senior Notes	$ 583.8			0.0
Interest rate on notes	4.38%
Debt instrument face amount	$ 600.0			0.0
Term Loan Credit Agreement due March 23, 2020 [Member]
Long-term debt
Debt instrument face amount	1,550.0		$ 1,800.0	0.0
Term loan credit agreement carrying value	1,544.9			0.0
Total Long Term Debt [Member]
Long-term debt
Debt instrument face amount	5,950.0			1,950.0
Current Portion Of Long Term Debt [Member]
Long-term debt
Debt instrument face amount	0.0			100.0
Total Long Term Debt Less Current Portion [Member]
Long-term debt
Debt instrument face amount	$ 5,950.0			$ 1,850.0

Debt and Financing Arrangements (Details Textual) $ in Millions	12 Months Ended
	Apr. 30, 2015 USD ($) Bank	Apr. 30, 2014 USD ($)	Apr. 30, 2013 USD ($)	Mar. 20, 2015 USD ($)	Mar. 02, 2015 USD ($)	Feb. 02, 2015 USD ($)
Debt and Financing Arrangements (Textual) [Abstract]
Repayment of long-term debt	$ 4,193.9	$ 50.0	$ 50.0
Capitalized debt issuance costs	46.4	6.7
Other debt costs	173.3	0.0	0.0
Debt instrument face amount				$ 3,700.0
Debt assumed and repaid in acquisition	$ 1,700.0
Debt and Financing Arrangements (Additional Textual) [Abstract]
Number of banks \| Bank	11
Revolving credit facility maximum borrowing capacity	$ 1,500.0
Percentage of the principal amount thereof which company can prepay	100.00%
Interest paid	$ 92.3	83.3	$ 97.7
Commercial paper, borrowing capacity	1,000.0
Commercial paper, amount outstanding	226.0
Senior Notes [Member]
Debt and Financing Arrangements (Textual) [Abstract]
Repayment of long-term debt	1,100.0
Debt instrument face amount				$ 3,700.0
Make-whole payments on long-term debt	163.3
4.78% Senior Notes due June 1, 2014 [Member]
Debt and Financing Arrangements (Textual) [Abstract]
Repayment of long-term debt	$ 100.0
Interest rate on notes	4.78%
Debt instrument face amount	$ 0.0	100.0
3.50% Senior Notes due October 15, 2021 [Member]
Debt and Financing Arrangements (Textual) [Abstract]
Interest rate on notes	3.50%
Debt instrument face amount	$ 750.0	750.0
Term Loan Credit Agreement due March 23, 2020 [Member]
Debt and Financing Arrangements (Textual) [Abstract]
Repayment of long-term debt	200.0
Capitalized debt issuance costs	5.2
Debt instrument face amount	$ 1,550.0	0.0			$ 1,800.0
Weighted average interest rate on long-term debt	1.53%
Percent of principal to be paid quarterly	2.50%
Long-term Debt [Member]
Debt and Financing Arrangements (Textual) [Abstract]
Increase to long-term debt related to termination of interest rate swap	$ 51.3
Commercial Paper [Member]
Debt and Financing Arrangements (Textual) [Abstract]
Commercial paper weighted-average interest rate	0.45%
Cash Flow Hedging [Member]
Outstanding derivative contracts
Gain (loss) on early termination agreement	$ (4.0)
Fair Value Hedging [Member]
Outstanding derivative contracts
Gain (loss) on early termination agreement	58.1
Interest rate contract [Member]
Outstanding derivative contracts
Gross contract notional amount	0.0	$ 750.0				$ 1,100.0
Interest receivable	4.6
Deferred gain on discontinuation of interest rate fair value hedge	53.5
Fair value adjustment of the interest rate swap	$ 14.9
Big Heart [Member] \| Senior Notes [Member]
Debt and Financing Arrangements (Textual) [Abstract]
Interest rate on notes	7.625%
Debt assumed and repaid in acquisition	$ 900.0
Big Heart [Member] \| Bridge Loan [Member]
Debt and Financing Arrangements (Textual) [Abstract]
Bridge loan					$ 3,800.0
Bridge loan term	364 days
Other debt costs	$ 21.5

Pensions and Other Postretirement Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Defined Benefit Pension Plans [Member]
Components of net periodic benefit cost:
Service cost	$ 9.0	$ 8.7	$ 8.8
Interest cost	23.2	21.8	23.9
Expected return on plan assets	(25.6)	(25.4)	(25.3)
Amortization of prior service cost (credit)	1.0	1.2	1.0
Amortization of net actuarial loss (gain)	10.0	13.2	13.1
Settlement loss	3.5	0.0	6.7
Net periodic benefit cost	21.1	19.5	28.2
Other Postretirement Benefits [Member]
Components of net periodic benefit cost:
Service cost	2.3	2.3	2.5
Interest cost	2.4	2.3	3.0
Expected return on plan assets	0.0	0.0	0.0
Amortization of prior service cost (credit)	(1.1)	(1.1)	(0.4)
Amortization of net actuarial loss (gain)	(0.1)	0.0	0.0
Settlement loss	0.0	0.0	0.0
Net periodic benefit cost	$ 3.5	$ 3.5	$ 5.1

Pensions and Other Postretirement Benefits (Details 1) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Defined Benefit Pension Plans [Member]
Other changes in plan assets and benefit liabilities recognized in accumulated other comprehensive loss before income taxes:
Prior service (cost) credit arising during the year	$ (0.3)	$ 0.0	$ (4.0)
Net actuarial (loss) gain arising during the year	(23.7)	19.3	(20.5)
Amortization of prior service cost (credit)	1.0	1.2	1.0
Amortization of net actuarial loss (gain)	10.0	13.2	13.1
Curtailment loss	0.0	0.0	2.0
Settlement loss	3.5	0.0	6.7
Foreign currency translation	2.7	2.9	0.9
Net change for year	(6.8)	36.6	(0.8)
Other Postretirement Benefits [Member]
Other changes in plan assets and benefit liabilities recognized in accumulated other comprehensive loss before income taxes:
Prior service (cost) credit arising during the year	0.0	1.7	9.6
Net actuarial (loss) gain arising during the year	1.6	7.5	(4.5)
Amortization of prior service cost (credit)	(1.1)	(1.1)	(0.4)
Amortization of net actuarial loss (gain)	(0.1)	0.0	0.0
Curtailment loss	0.0	0.0	0.0
Settlement loss	0.0	0.0	0.0
Foreign currency translation	0.0	0.0	0.0
Net change for year	$ 0.4	$ 8.1	$ 4.7

Pensions and Other Postretirement Benefits (Details 2)	12 Months Ended
Pensions and Other Postretirement Benefits (Details 2)	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
U. S. Defined Benefit Plans [Member]
Weighted-average assumptions used in determining net periodic benefit costs:
Discount rate	4.42%	3.99%	4.70%
Expected return on plan assets	6.72%	6.75%	7.00%
Rate of compensation increase	4.13%	4.13%	4.12%
U. S. Other Postretirement Benefit Plans [Member]
Weighted-average assumptions used in determining net periodic benefit costs:
Discount rate	4.27%	3.80%	4.70%
Expected return on plan assets	0.00%	0.00%	0.00%
Rate of compensation increase	0.00%	0.00%	0.00%
Canadian Defined Benefit Plans [Member]
Weighted-average assumptions used in determining net periodic benefit costs:
Discount rate	4.11%	3.65%	4.20%
Expected return on plan assets	5.64%	5.78%	6.17%
Rate of compensation increase	3.00%	3.00%	4.00%
Canadian Other Postretirement Benefit Plans [Member]
Weighted-average assumptions used in determining net periodic benefit costs:
Discount rate	4.10%	3.70%	4.20%
Expected return on plan assets	0.00%	0.00%	0.00%
Rate of compensation increase	0.00%	0.00%	0.00%

Pensions and Other Postretirement Benefits (Details 3) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Changes in plan assets:
Company contributions	$ 15.7	$ 9.4	$ 40.0
Defined benefit pensions	(188.9)	(135.7)
Postretirement benefits other than pensions	(74.6)	(58.5)
Defined Benefit Pension Plans [Member]
Change in benefit obligation:
Benefit obligation at beginning of year	542.3	575.7
Service cost	9.0	8.7	8.8
Interest cost	23.2	21.8	23.9
Amendments	0.3	0.0
Actuarial loss (gain)	39.8	(19.7)
Participant contributions	0.1	0.1
Benefits paid	(31.8)	(34.2)
Foreign currency translation adjustments	(10.6)	(10.1)
Settlement	(8.6)	0.0
Acquisition	176.7	0.0
Other adjustments	0.0	0.0
Benefit obligation at end of year	740.4	542.3	575.7
Changes in plan assets:
Fair value of plan assets at beginning of year	402.1	410.7
Actual return on plan assets	41.7	25.0
Company contributions	15.7	9.4
Participant contributions	0.1	0.1
Benefits paid	(31.8)	(34.2)
Settlement	(8.6)	0.0
Acquisition	141.1	0.0
Foreign currency translation adjustments	(10.3)	(8.9)
Fair value of plan assets at end of year	550.0	402.1	410.7
Funded status of the plans	(190.4)	(140.2)
Defined benefit pensions	(188.9)	(135.7)
Other noncurrent assets	2.0	0.0
Accrued compensation	(3.5)	(4.5)
Postretirement benefits other than pensions	0.0	0.0
Net benefit liability	(190.4)	(140.2)
Other Postretirement Benefits [Member]
Change in benefit obligation:
Benefit obligation at beginning of year	58.5	67.1
Service cost	2.3	2.3	2.5
Interest cost	2.4	2.3	3.0
Amendments	0.0	(1.7)
Actuarial loss (gain)	(1.6)	(7.5)
Participant contributions	0.7	1.2
Benefits paid	(4.4)	(3.5)
Foreign currency translation adjustments	(1.1)	(1.1)
Settlement	0.0	0.0
Acquisition	18.9	0.0
Other adjustments	0.1	(0.6)
Benefit obligation at end of year	75.8	58.5	67.1
Changes in plan assets:
Fair value of plan assets at beginning of year	0.0	0.0
Actual return on plan assets	0.0	0.0
Company contributions	3.7	2.3
Participant contributions	0.7	1.2
Benefits paid	(4.4)	(3.5)
Settlement	0.0	0.0
Acquisition	0.0	0.0
Foreign currency translation adjustments	0.0	0.0
Fair value of plan assets at end of year	0.0	0.0	$ 0.0
Funded status of the plans	(75.8)	(58.5)
Defined benefit pensions	0.0	0.0
Other noncurrent assets	0.0	0.0
Accrued compensation	(1.2)	0.0
Postretirement benefits other than pensions	(74.6)	(58.5)
Net benefit liability	$ (75.8)	$ (58.5)

Pensions and Other Postretirement Benefits (Details 4) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014
Defined Benefit Pension Plans [Member]
Accumulated other comprehensive income (loss)
Net actuarial (loss) gain	$ (174.2)	$ (166.7)
Prior service (cost) credit	(4.2)	(4.9)
Total recognized in accumulated other comprehensive loss	(178.4)	(171.6)
Other Postretirement Benefits [Member]
Accumulated other comprehensive income (loss)
Net actuarial (loss) gain	6.9	5.3
Prior service (cost) credit	10.3	11.5
Total recognized in accumulated other comprehensive loss	17.2	$ 16.8
One-percentage point annual change in the assumed health care cost trend rate
Effect on total service and interest cost components, increase	0.1
Effect on total service and interest cost components, decrease	0.1
Effect on benefit obligation, increase	2.5
Effect on benefit obligation, decrease	$ 2.3
U. S. Defined Benefit Plans [Member]
Weighted-average assumptions used in determining benefit obligation
Discount rate	4.01%	4.45%
Rate of compensation increase	4.06%	4.13%
U. S. Other Postretirement Benefit Plans [Member]
Weighted-average assumptions used in determining benefit obligation
Discount rate	3.97%	4.30%
Rate of compensation increase	0.00%	0.00%
Canadian Defined Benefit Plans [Member]
Weighted-average assumptions used in determining benefit obligation
Discount rate	3.51%	4.11%
Rate of compensation increase	3.00%	3.00%
Canadian Other Postretirement Benefit Plans [Member]
Weighted-average assumptions used in determining benefit obligation
Discount rate	3.50%	4.10%
Rate of compensation increase	0.00%	0.00%

Pensions and Other Postretirement Benefits (Details 5) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Changes in plan assets:
Company contributions	$ 15.7	$ 9.4	$ 40.0
Canadian Defined Benefit Plans [Member]
Company's Canadian pension and other postretirement benefit plans
Benefit obligation at end of year	104.4	113.3
Fair value of plan assets at end of year	104.1	105.6
Funded status of the plans	(0.3)	(7.7)
Components of net periodic benefit cost:
Service cost	0.4	0.5
Interest cost	4.3	4.2
Expected return on plan assets	(5.6)	(5.8)
Amortization of net actuarial loss (gain)	0.9	1.3
Net periodic benefit cost	0.0	0.2
Changes in plan assets:
Company contributions	5.1	5.4
Participant contributions	0.1	0.1
Benefits paid	(8.4)	(8.6)
Actual return on plan assets	11.9	10.6
Foreign currency translation	(10.3)	(8.9)
Canadian Other Postretirement Benefit Plans [Member]
Company's Canadian pension and other postretirement benefit plans
Benefit obligation at end of year	10.9	11.4
Fair value of plan assets at end of year	0.0	0.0
Funded status of the plans	(10.9)	(11.4)
Components of net periodic benefit cost:
Service cost	0.0	0.0
Interest cost	0.4	0.5
Expected return on plan assets	0.0	0.0
Amortization of net actuarial loss (gain)	0.0	0.0
Net periodic benefit cost	0.4	0.5
Changes in plan assets:
Company contributions	0.7	0.8
Participant contributions	0.0	0.0
Benefits paid	(0.7)	(0.8)
Actual return on plan assets	0.0	0.0
Foreign currency translation	$ 0.0	$ 0.0

Pensions and Other Postretirement Benefits (Details 6) - Defined Benefit Pension Plans [Member] - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014
Additional information related to the Company's defined benefit pension plans
Accumulated benefit obligation for all pension plans	$ 691.8	$ 507.3
Plans with an accumulated benefit obligation in excess of plan assets:
Accumulated benefit obligation	481.6	507.3
Fair value of plan assets	337.8	402.1
Plans with a projected benefit obligation in excess of plan assets:
Projected benefit obligation	669.3	542.3
Fair value of plan assets	$ 477.3	$ 402.1

Pensions and Other Postretirement Benefits (Details 7) - USD ($)
$ in Millions

Apr. 30, 2015

Apr. 30, 2014

Apr. 30, 2013

Significant Unobservable Inputs (Level 3) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

$ 18.5

$ 15.0

Defined Benefit Pension Plans [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

550.0

402.1

$ 410.7

Defined Benefit Pension Plans [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

386.0

358.3

Defined Benefit Pension Plans [Member] | Significant Observable Inputs (Level 2) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

145.5

28.8

Defined Benefit Pension Plans [Member] | Significant Unobservable Inputs (Level 3) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

18.5

15.0

Defined Benefit Pension Plans [Member] | Cash and cash equivalents [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[1]

4.6

2.0

Defined Benefit Pension Plans [Member] | Cash and cash equivalents [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[1]

4.6

2.0

Defined Benefit Pension Plans [Member] | Cash and cash equivalents [Member] | Significant Observable Inputs (Level 2) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[1]

0.0

Defined Benefit Pension Plans [Member] | Cash and cash equivalents [Member] | Significant Unobservable Inputs (Level 3) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[1]

0.0

Defined Benefit Pension Plans [Member] | U.S. Equity Securities [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[2]

150.5

107.4

Defined Benefit Pension Plans [Member] | U.S. Equity Securities [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[2]

105.0

91.0

Defined Benefit Pension Plans [Member] | U.S. Equity Securities [Member] | Significant Observable Inputs (Level 2) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[2]

45.5

16.4

Defined Benefit Pension Plans [Member] | U.S. Equity Securities [Member] | Significant Unobservable Inputs (Level 3) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[2]

0.0

Defined Benefit Pension Plans [Member] | International Equity Securities [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[3]

105.5

84.7

Defined Benefit Pension Plans [Member] | International Equity Securities [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[3]

81.0

72.3

Defined Benefit Pension Plans [Member] | International Equity Securities [Member] | Significant Observable Inputs (Level 2) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[3]

24.5

12.4

Defined Benefit Pension Plans [Member] | International Equity Securities [Member] | Significant Unobservable Inputs (Level 3) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[3]

0.0

Defined Benefit Pension Plans [Member] | Bonds [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[4]

151.3

148.2

Defined Benefit Pension Plans [Member] | Bonds [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[4]

151.3

148.2

Defined Benefit Pension Plans [Member] | Bonds [Member] | Significant Observable Inputs (Level 2) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[4]

0.0

Defined Benefit Pension Plans [Member] | Bonds [Member] | Significant Unobservable Inputs (Level 3) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[4]

0.0

Defined Benefit Pension Plans [Member] | Fixed income [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[5]

112.6

44.8

Defined Benefit Pension Plans [Member] | Fixed income [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[5]

44.1

44.8

Defined Benefit Pension Plans [Member] | Fixed income [Member] | Significant Observable Inputs (Level 2) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[5]

68.5

0.0

Defined Benefit Pension Plans [Member] | Fixed income [Member] | Significant Unobservable Inputs (Level 3) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[5]

0.0

Defined Benefit Pension Plans [Member] | Other Investments [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[6]

25.5

15.0

Defined Benefit Pension Plans [Member] | Other Investments [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[6]

0.0

Defined Benefit Pension Plans [Member] | Other Investments [Member] | Significant Observable Inputs (Level 2) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[6]

7.0

0.0

Defined Benefit Pension Plans [Member] | Other Investments [Member] | Significant Unobservable Inputs (Level 3) [Member]

Major asset classes for the U.S. and Canadian defined benefit pension plans and levels fair value measurements

Total financial assets measured at fair value

^[6]

$ 18.5

$ 15.0

[1]	This category includes money market holdings with maturities of three months or less and are classified as Level 1 assets. Based on the short-term nature of these assets, carrying value approximates fair value.
[2]	This category is invested primarily in a diversified portfolio of common stocks and index funds that invest in U.S. stocks with market capitalization ranges similar to those found in the S&P 500 Index and/or the various Russell Indexes and are traded on active exchanges. The Level 1 assets are valued using quoted market prices for identical securities in active markets. The Level 2 assets are pooled or common collective trust funds that consist of equity securities traded on active exchanges.
[3]	This category is invested primarily in common stocks and other equity securities traded on active exchanges whose issuers are located outside the U.S. The fund invests primarily in developed countries, but may also invest in emerging markets. The Level 1 assets are valued using quoted market prices for identical securities in active markets. The Level 2 assets are pooled or common collective trust funds that consist of equity securities traded on active exchanges.
[4]	This category is comprised of bond funds, which seek to duplicate the return characteristics of high-quality corporate bonds with a duration range of 10 to 13 years. The Level 1 assets are valued using quoted market prices for identical securities in active markets.
[5]	This category is comprised of fixed-income funds that invest primarily in government-related bonds of non-U.S. issuers and include investments in the Canadian market as well as emerging markets. The Level 1 assets are valued using quoted market prices for identical securities in active markets. Contained within the Level 2 assets is a Core Plus pool of funds investing primarily in high-yield, emerging market debt and global bonds, as well as an international bond fund which invests in fixed-income securities denominated in currencies other than U.S. dollars. The Level 2 assets are pooled or common collective trust funds that consist of fixed-income securities traded on active exchanges.
[6]	This category is comprised of a global alpha collective trust fund, a private limited investment partnership, and a private equity fund in 2015. In 2014, the category was comprised only of the private equity fund. The global alpha collective trust fund is comprised of U.S. and global equity and fixed-income securities inclusive of derivatives within the asset mix. This collective trust fund is classified as a Level 2 asset, whereby the underlying securities are valued utilizing quoted market prices for identical securities in active markets. The private investment limited partnership is classified as a Level 3 asset. The investments in the partnership are valued at estimated fair value based on audited financial statements received from the general partner. The private equity fund consists primarily of limited partnership interests in corporate finance and venture capital funds. The private equity fund is classified as a Level 3 asset and is valued based on the funds net asset value (NAV). NAV is calculated based on the estimated fair value of the underlying investment funds within the portfolio and is corroborated by our review. The private equity fund and private investment limited partnership cannot be redeemed and the return of principal is based on the liquidation of the underlying assets.

Pensions and Other Postretirement Benefits (Details 8) - Significant Unobservable Inputs (Level 3) [Member] - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014
Changes in plan assets:
Fair value of plan assets at beginning of year	$ 15.0	$ 15.0
Big Heart pension assets acquired	2.8	0.0
Actual return on plan assets still held at reporting date	0.7	0.0
Fair value of plan assets at end of year	$ 18.5	$ 15.0

Pensions and Other Postretirement Benefits (Details Textual) $ in Millions	12 Months Ended
	Apr. 30, 2015 USD ($) MultiemployerPensionPlans shares	Apr. 30, 2014 USD ($)	Apr. 30, 2013 USD ($)
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Company contributions	$ 15.7	$ 9.4	$ 40.0
Pensions and Other Postretirement Benefits (Additional Textual) [Abstract]
Eligibility condition for covered employees to avail the benefits of unfunded, defined postretirement plans that provide health care and life insurance benefits	when they reach age 55 and have attained 10 years of credited service
Expected amount to be recognized during 2016 of amortization of net actuarial losses in net periodic benefit cost	$ 10.7
Expected amount to be recognized during 2016 in prior service cost as net periodic benefit cost	$ 0.5
Money market holdings maturity period	Three months or less
Corporate bonds range	10 to 13 years
Market value of company's common shares included in equity securities	$ 36.8
Dividends paid on company's common shares included in equity securities	0.8
Expected benefit payments for the defined benefit pension and other postretirement in 2016	49.9
Expected benefit payments for the defined benefit pension and other postretirement in 2017	51.0
Expected benefit payments for the defined benefit pension and other postretirement in 2018	56.6
Expected benefit payments for the defined benefit pension and other postretirement in 2019	53.5
Expected benefit payments for the defined benefit pension and other postretirement in 2020	60.2
Expected benefit payments for the defined benefit pension and other postretirement in 2021 through 2025	$ 304.0
Annual change in the assumed health care cost	One-percentage point
Multiemployer plan actual funded status		65.10%
Funded status zone	Red
Number of multiemployer pension plans \| MultiemployerPensionPlans	1
Company's common shares included in equity securities \| shares	317,552
Limit of active participants under which average life expectancy will be used to amortize gains and losses	5.00%
Multiemployer Plans, Pension [Member]
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Plan Tax ID	526118572
Red Zone [Member]
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Funded Status	Less than 65 percent
Yellow Zone [Member]
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Funded Status	Between 65 and less than 80 percent
The J. M. Smucker Company [Member]
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Multiemployer plan contributions	$ 0.1
GreenZoneMember
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Funded Status	At least 80 percent
Big Heart [Member] \| The J. M. Smucker Company [Member]
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Multiemployer plan contributions	$ 1.7
Equity Securities [Member]
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Approximate percentage of assets to be invested in company's current investment policy	50.00%
Fixed - Income Securities [Member]
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Approximate percentage of assets to be invested in company's current investment policy	50.00%
Defined Benefit Pension Plans [Member]
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Expected amount to be contributed by the Company to the defined benefit pension plans in 2016	$ 3.5
Actual return on plan assets	41.7	$ 25.0
Company contributions	$ 15.7	$ 9.4
Defined benefit plan actual rate of return on plan assets	11.60%	6.90%
U. S. Other Postretirement Benefit Plans [Member]
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Assumed health care trend rate for next fiscal year	7.50%
U. S. Other Postretirement Benefit Plans [Member] \| U.S. plans in 2026 [Member]
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Assumed health care trend rate for participants under age 65	5.00%
Canadian Other Postretirement Benefit Plans [Member]
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Assumed health care trend rate for next fiscal year	5.00%
Actual return on plan assets	$ 0.0	$ 0.0
Company contributions	$ 0.7	$ 0.8
Canadian Other Postretirement Benefit Plans [Member] \| Canadian plans in 2017 [Member]
Schedule of defined benefit plans disclosures (Textual) [Abstract]
Assumed health care trend rate for participants under age 65	4.50%

Derivative Financial Instruments (Details) - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014
Other Current Assets [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	$ 11.2	$ 54.4
Other Current Assets [Member] \| Designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	0.0	41.4
Other Current Assets [Member] \| Not designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	11.2	13.0
Other Current Assets [Member] \| Commodity contracts [Member] \| Designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	0.0	23.4
Other Current Assets [Member] \| Commodity contracts [Member] \| Not designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	6.4	11.6
Other Current Assets [Member] \| Interest rate contract [Member] \| Designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	0.0	18.0
Other Current Assets [Member] \| Foreign currency exchange contracts [Member] \| Not designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	4.8	1.4
Other Current Liabilities [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	24.9	17.4
Other Current Liabilities [Member] \| Designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	0.0	10.9
Other Current Liabilities [Member] \| Not designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	24.9	6.5
Other Current Liabilities [Member] \| Commodity contracts [Member] \| Designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	0.0	10.9
Other Current Liabilities [Member] \| Commodity contracts [Member] \| Not designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	23.9	5.8
Other Current Liabilities [Member] \| Interest rate contract [Member] \| Designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	0.0	0.0
Other Current Liabilities [Member] \| Foreign currency exchange contracts [Member] \| Not designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	1.0	0.7
Other Noncurrent Assets [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	0.2
Other Noncurrent Assets [Member] \| Designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	0.0
Other Noncurrent Assets [Member] \| Not designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	0.2
Other Noncurrent Assets [Member] \| Commodity contracts [Member] \| Designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	0.0
Other Noncurrent Assets [Member] \| Commodity contracts [Member] \| Not designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	0.2
Other Noncurrent Assets [Member] \| Interest rate contract [Member] \| Designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	0.0
Other Noncurrent Assets [Member] \| Foreign currency exchange contracts [Member] \| Not designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Assets	0.0
Other Noncurrent Liabilities [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	3.8	3.1
Other Noncurrent Liabilities [Member] \| Designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	0.0	3.1
Other Noncurrent Liabilities [Member] \| Not designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	3.8	0.0
Other Noncurrent Liabilities [Member] \| Commodity contracts [Member] \| Designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	0.0	0.0
Other Noncurrent Liabilities [Member] \| Commodity contracts [Member] \| Not designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	3.8	0.0
Other Noncurrent Liabilities [Member] \| Interest rate contract [Member] \| Designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	0.0	3.1
Other Noncurrent Liabilities [Member] \| Foreign currency exchange contracts [Member] \| Not designated as hedging instruments [Member]
Fair value of derivative instruments [Line Items]
Derivatives Instruments, Liabilities	$ 0.0	$ 0.0

Derivative Financial Instruments (Details 1) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Cash flow hedging derivative instruments gain (loss)
(Losses) gains recognized in other comprehensive (loss) income (effective portion)	$ (4.0)	$ 21.0
Change in accumulated other comprehensive loss	(32.5)	41.9
Cash Flow Hedging [Member] \| Commodity Contracts [Member] \| Cost of Products Sold [Member]
Cash flow hedging derivative instruments gain (loss)
Gains (losses) reclassified from accumulated other comprehensive loss to earnings (effective portion)	29.1	(20.3)	$ (39.6)
Gains (losses) recognized in earnings (ineffective portion)	0.0	1.4
Cash Flow Hedging [Member] \| Interest Rate Contract [Member] \| Interest Expense [Member]
Cash flow hedging derivative instruments gain (loss)
Gains (losses) recognized in earnings (ineffective portion)	(0.1)	0.0
Fair Value Hedging [Member] \| Interest Rate Contract [Member] \| Interest Expense [Member]
Cash flow hedging derivative instruments gain (loss)
Gains (losses) reclassified from accumulated other comprehensive loss to earnings (effective portion)	$ (0.6)	$ (0.6)	$ (0.5)

Derivative Financial Instruments (Details 2) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014
Gains and losses recognized in cost of products sold on derivatives not designated as qualified hedging instruments
Total gains (losses) recognized in cost of products sold	$ (39.7)	$ 8.5
Commodity Contracts [Member]
Gains and losses recognized in cost of products sold on derivatives not designated as qualified hedging instruments
Total gains (losses) recognized in cost of products sold	(48.5)	5.2
Foreign currency exchange contracts [Member]
Gains and losses recognized in cost of products sold on derivatives not designated as qualified hedging instruments
Total gains (losses) recognized in cost of products sold	$ 8.8	$ 3.3

Derivative Financial Instruments (Details 3) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Unallocated Derivative Gains (Losses)
Net (losses) gains on mark-to-market valuation of unallocated derivative positions	$ (39.7)	$ 8.5
Net losses (gains) on derivative positions reclassified to segment operating profit	15.2	(3.2)
Net mark-to-market valuation of certain derivative positions recognized in unallocated derivative (losses) gains	$ (24.5)	$ 5.3	$ 6.6

Derivative Financial Instruments (Details 4) - USD ($) $ in Millions	Apr. 30, 2015	Feb. 02, 2015	Apr. 30, 2014
Commodity contracts [Member]
Outstanding derivative contracts
Gross contract notional amount	$ 640.6		$ 790.3
Foreign currency exchange contracts [Member]
Outstanding derivative contracts
Gross contract notional amount	136.4		158.1
Interest rate contract [Member]
Outstanding derivative contracts
Gross contract notional amount	$ 0.0	$ 1,100.0	$ 750.0

Derivative Financial Instruments (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Feb. 02, 2015	Apr. 30, 2014
Derivative Financial Instruments (Additional Textual) [Abstract]
Cash margin accounts related to derivative instruments recognized	$ 38.2		$ 8.1
Amortization of loss on contract termination to be recognized in interest expense in years 2026 through 2045	0.2
Cumulative realized net mark to market valuation of certain derivative positions recognized in unallocated derivative gains (losses)	13.9
Cumulative net mark to market valuation of certain derivative positions recognized in unallocated derivative gains losses	(20.4)
Cash Flow Hedging [Member]
Derivative Financial Instruments (Textual) [Abstract]
Gain (loss) on early termination agreement	(4.0)
Fair Value Hedging [Member]
Derivative Financial Instruments (Textual) [Abstract]
Gain (loss) on early termination agreement	$ 58.1
Minimum [Member]
Derivative Financial Instruments (Textual) [Abstract]
Expected maturity tenor	10 years
Mid Range [Member]
Derivative Financial Instruments (Textual) [Abstract]
Expected maturity tenor	20 years
Maximum [Member]
Derivative Financial Instruments (Textual) [Abstract]
Expected maturity tenor	30 years
3.50% Senior Notes due October 15, 2021 [Member]
Debt Instrument [Line Items]
Interest rate on notes	3.50%
Foreign currency exchange contracts [Member]
Derivative Financial Instruments (Textual) [Abstract]
Derivative instrument maturity	1 year
Derivative Financial Instruments (Additional Textual) [Abstract]
Gross contract notional amount	$ 136.4		158.1
Interest rate contract [Member]
Derivative Financial Instruments (Textual) [Abstract]
Interest receivable	4.6
Derivative Financial Instruments (Additional Textual) [Abstract]
Gross contract notional amount	0.0	$ 1,100.0	750.0
Interest rate contract [Member] \| Cash Flow Hedging [Member]
Derivative Financial Instruments (Textual) [Abstract]
Deferred pre-tax net gain (loss) included in accumulated other comprehensive loss	(8.2)		(4.8)
Tax impact related to deferred losses and gains on cash flow hedges included in accumulated other comprehensive loss	2.9		1.7
Effective portion of the hedge loss reclassified to interest expense over the next twelve months	$ (0.6)
Commodity contracts [Member]
Derivative Financial Instruments (Textual) [Abstract]
Derivative instrument maturity	1 year
Derivative Financial Instruments (Additional Textual) [Abstract]
Gross contract notional amount	$ 640.6		790.3
Commodity contracts [Member] \| Cash Flow Hedging [Member]
Derivative Financial Instruments (Textual) [Abstract]
Deferred pre-tax net gain (loss) included in accumulated other comprehensive loss	0.0		29.1
Tax impact related to deferred losses and gains on cash flow hedges included in accumulated other comprehensive loss	0.0		$ (10.8)
Fiscal Year Two Thousand Sixteen [Member]
Derivative Financial Instruments (Textual) [Abstract]
Amortization of deferred gain on early termination agreement	7.4
Fiscal Year Two Thousand Seventeen [Member]
Derivative Financial Instruments (Textual) [Abstract]
Amortization of deferred gain on early termination agreement	7.6
Fiscal Year Two Thousand Eighteen [Member]
Derivative Financial Instruments (Textual) [Abstract]
Amortization of deferred gain on early termination agreement	7.8
Fiscal Year Two Thousand Nineteen [Member]
Derivative Financial Instruments (Textual) [Abstract]
Amortization of deferred gain on early termination agreement	8.0
Fiscal Year Two Thousand Twenty [Member]
Derivative Financial Instruments (Textual) [Abstract]
Amortization of deferred gain on early termination agreement	8.1
Fiscal Year Two Thousand Twenty One [Member]
Derivative Financial Instruments (Textual) [Abstract]
Amortization of deferred gain on early termination agreement	8.4
Fiscal Year Two Thousand Twenty Two [Member]
Derivative Financial Instruments (Textual) [Abstract]
Amortization of deferred gain on early termination agreement	$ 4.0

Other Financial Instruments and Fair Value Measurements (Details) - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014
Carrying amount and fair value of financial instruments
Other investments	$ 48.4	$ 55.4
Long-term debt	(5,944.9)	(1,973.1)
Carrying Amount [Member]
Carrying amount and fair value of financial instruments
Other investments	48.4	55.4
Derivatives financial instruments - net	(17.3)	33.9
Long-term debt	(5,944.9)	(1,973.1)
Fair Value [Member]
Carrying amount and fair value of financial instruments
Other investments	48.4	55.4
Derivatives financial instruments - net	(17.3)	33.9
Long-term debt	$ (6,011.3)	$ (2,239.1)

- Definition

Investments in debt and equity securities which are categorized neither as held-to-maturity nor trading and which are intended to be sold or mature more than one year from the balance sheet date or operating cycle, if longer. Such securities are reported at fair value; unrealized gains (losses) related to Available-for-sale Securities are excluded from earnings and reported in a separate component of shareholders' equity (other comprehensive income), unless the Available-for-sale security is designated as a hedge or is determined to have had an other than temporary decline in fair value below its amortized cost basis. All or a portion of the unrealized holding gain (loss) of an Available-for-sale security that is designated as being hedged in a fair value hedge is recognized in earnings during the period of the hedge, as are other than temporary declines in fair value below the cost basis for investments in equity securities and debt securities that an entity intends to sell or it is more likely than not that it will be required to sell before the recovery of its amortized cost basis. Other than temporary declines in fair value below the cost basis for debt securities categorized as Available-for-sale that an entity does not intend to sell and for which it is not more likely than not that the entity will be required to sell before the recovery of its amortized cost basis are bifurcated into credit losses and losses related to all other factors. Other than temporary declines in fair value below cost basis related to credit losses are recognized in earnings, and losses related to all other factors are recognized in other comprehensive income.

+ References + Details

Other Financial Instruments and Fair Value Measurements (Details 1) - USD ($)
$ in Millions

Apr. 30, 2015

Apr. 30, 2014

Financial assets (liabilities) measured at fair value on a recurring basis

Other investments

^[1]

$ 9.7

$ 12.0

Municipal obligations [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Other investments

^[1]

37.9

34.4

Money Market Funds [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Other investments

^[1]

0.8

9.0

Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity mutual funds [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Other investments

^[1]

9.7

12.0

Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Municipal obligations [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Other investments

^[1]

0.0

Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Money Market Funds [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Other investments

^[1]

0.8

9.0

Significant Observable Inputs (Level 2) [Member] | Equity mutual funds [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Other investments

^[1]

0.0

Significant Observable Inputs (Level 2) [Member] | Municipal obligations [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Other investments

^[1]

37.9

34.4

Significant Observable Inputs (Level 2) [Member] | Money Market Funds [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Other investments

^[1]

0.0

Significant Unobservable Inputs (Level 3) [Member] | Equity mutual funds [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Other investments

^[1]

0.0

Significant Unobservable Inputs (Level 3) [Member] | Municipal obligations [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Other investments

^[1]

0.0

Significant Unobservable Inputs (Level 3) [Member] | Money Market Funds [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Other investments

^[1]

0.0

Fair value measurements recurring [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Long-term debt

^[2]

(6,011.3)

(2,239.1)

Total financial instruments measured at fair value

(5,980.2)

(2,149.8)

Fair value measurements recurring [Member] | Commodity contracts - net [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Derivatives

^[3]

(21.1)

18.3

Fair value measurements recurring [Member] | Foreign currency exchange contracts - net [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Derivatives

^[3]

3.8

0.7

Fair value measurements recurring [Member] | Interest rate contract - net [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Derivatives

^[3]

0.0

14.9

Fair value measurements recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Long-term debt

^[2]

(4,459.0)

(772.0)

Total financial instruments measured at fair value

(4,461.1)

(737.5)

Fair value measurements recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Commodity contracts - net [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Derivatives

^[3]

(12.4)

13.5

Fair value measurements recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Foreign currency exchange contracts - net [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Derivatives

^[3]

(0.2)

0.0

Fair value measurements recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Interest rate contract - net [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Derivatives

^[3]

0.0

Fair value measurements recurring [Member] | Significant Observable Inputs (Level 2) [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Long-term debt

^[2]

(1,552.3)

(1,467.1)

Total financial instruments measured at fair value

(1,519.1)

(1,412.3)

Fair value measurements recurring [Member] | Significant Observable Inputs (Level 2) [Member] | Commodity contracts - net [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Derivatives

^[3]

(8.7)

4.8

Fair value measurements recurring [Member] | Significant Observable Inputs (Level 2) [Member] | Foreign currency exchange contracts - net [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Derivatives

^[3]

4.0

0.7

Fair value measurements recurring [Member] | Significant Observable Inputs (Level 2) [Member] | Interest rate contract - net [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Derivatives

^[3]

0.0

14.9

Fair value measurements recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Long-term debt

^[2]

0.0

Total financial instruments measured at fair value

0.0

Fair value measurements recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Commodity contracts - net [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Derivatives

^[3]

0.0

Fair value measurements recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Foreign currency exchange contracts - net [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Derivatives

^[3]

0.0

Fair value measurements recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Interest rate contract - net [Member]

Financial assets (liabilities) measured at fair value on a recurring basis

Derivatives

^[3]

$ 0.0

[1]	Other investments consist of funds maintained for the payment of benefits associated with nonqualified retirement plans. The funds include equity securities listed in active markets, municipal obligations valued by a third party using valuation techniques that utilize inputs that are derived principally from or corroborated by observable market data, and money market funds with maturities of three months or less. Based on the short-term nature of these money market funds, carrying value approximates fair value. As of April 30, 2015, our municipal obligations are scheduled to mature as follows: $0.9 in 2016, $1.3 in 2017, $1.1 in 2018, $3.0 in 2019, and the remaining $31.6 in 2020 and beyond. For additional information, see Marketable Securities and Other Investments in Note 1: Accounting Policies.
[2]	Long-term debt is comprised of $750.0 in public Senior Notes and the $3.7 billion Senior Notes issued in 2015 classified as Level 1 and the Term Loan classified as Level 2 in 2015. Long-term debt is comprised of public Senior Notes classified as Level 1 and private Senior Notes classified as Level 2 in 2014. The public Senior Notes are traded in an active secondary market and valued using quoted prices. The value of the private Senior Notes and Term Loan are based on the net present value of each interest and principal payment calculated, utilizing an interest rate derived from a fair market yield curve for private Senior Notes or an estimated yield curve obtained from independent pricing sources for similar types of term loan borrowing arrangements. For additional information, see Note 6: Debt and Financing Arrangements.
[3]	Level 1 commodity contract and foreign currency exchange derivatives are valued using quoted market prices for identical instruments in active markets. Level 2 commodity contract and foreign currency exchange derivatives are valued using quoted prices for similar assets or liabilities in active markets. The Level 2 interest rate contract derivative is valued using the income approach, observable Level 2 market expectations at the measurement date, and standard valuation techniques to convert future amounts to a single discounted present value. Level 2 inputs for the interest rate contract are limited to quoted prices for similar assets or liabilities in active markets and inputs other than quoted prices that are observable for the asset or liability. For additional information, see Note 8: Derivative Financial Instruments.

Other Financial Instruments and Fair Value Measurements (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Mar. 20, 2015	Feb. 02, 2015	Apr. 30, 2014
Other Financial Instruments and Fair Value Measurements (Textual) [Abstract]
Company's Municipal bond mature in 2016	$ 0.9
Company's Municipal bond mature in 2017	1.3
Company's Municipal bond mature in 2018	1.1
Company's Municipal bond mature in 2019	3.0
Company's Municipal bond mature in 2020 and beyond	$ 31.6
Money market funds maturity period	Three months of less
Debt Instrument, Face Amount		$ 3,700.0
Interest rate contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gross contract notional amount	$ 0.0		$ 1,100.0	$ 750.0

Share-Based Payments (Details)	12 Months Ended
Share-Based Payments (Details)	Apr. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility (%)	25.00%
Dividend yield (%)	2.20%
Risk-free interest rate (%)	1.50%
Expected life of stock option (years)	5 years 7 months

Share-Based Payments (Details 1)	12 Months Ended
Share-Based Payments (Details 1)	Apr. 30, 2015 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at May 1, 2014, number of options \| shares	33,667
Outstanding at May 1, 2014, weighted average exercise price \| $ / shares	$ 44.50
Granted, number of options \| shares	955,000
Granted, weighted average exercise price \| $ / shares	$ 112.59
Exercised, number of options \| shares	31,667
Exercised, weighted average exercise price \| $ / shares	$ 44.29
Outstanding at April 30, 2015, number of options \| shares	957,000
Outstanding at April 30, 2015, weighted average exercise price \| $ / shares	$ 112.45
Exercisable at April 30, 2015, number of options \| shares	2,000
Exercisable at April 30, 2015, weighted average exercise price \| $ / shares	$ 47.78

Share-Based Payments (Details 2) - $ / shares	12 Months Ended
Share-Based Payments (Details 2) - $ / shares	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Restricted Shares and Deferred Stock Units [Member]
Summary of the Company's Restricted shares Deferred stock units and performance units
Beginning Balance, Restricted Shares and Deferred Stock Units and Performance Units	839,188
Beginning Balance, Weighted Average Grant Date Fair Value, in USD per share	$ 76.54
Granted Restricted Shares and Deferred Stock Units and Performance Units	109,091	167,134	109,770
Granted Weighted Average Grant Date Fair Value, in USD per share	$ 104.82	$ 101.08	$ 76.37
Converted Restricted Shares and Deferred Stock Units and Performance Units	101,020
Converted Weighted Average Grant Date Fair Value, in USD per share	$ 104.91
Vested Restricted Shares and Deferred Stock Units and Performance Units	(416,328)
Vested Weighted Average Grant Date Fair Value, in USD per share	$ 68.59
Forfeited Restricted Shares and Deferred Stock Units and Performance Units	(36,082)
Forfeited Weighted Average Grant Date Fair Value, in USD per share	$ 90.65
Ending Balance, Restricted Shares and Deferred Stock Units and Performance Units	596,889	839,188
Ending Balance, Weighted Average Grant Date Fair Value, in USD per share	$ 91.21	$ 76.54
Performance Units [Member]
Summary of the Company's Restricted shares Deferred stock units and performance units
Beginning Balance, Restricted Shares and Deferred Stock Units and Performance Units	101,020
Beginning Balance, Weighted Average Conversion Date Fair Value, in USD per share	$ 104.91
Granted Restricted Shares and Deferred Stock Units and Performance Units	75,848	101,020	106,666
Granted Weighted Average Conversion Date Fair Value, in USD per share	$ 111.41	$ 104.91	$ 100.54
Converted Restricted Shares and Deferred Stock Units and Performance Units	(101,020)
Converted Weighted Average Conversion Date Fair Value, in USD per share	$ 104.91
Vested Restricted Shares and Deferred Stock Units and Performance Units	0
Vested Weighted Average Conversion Date Fair Value, in USD per share	$ 0.00
Forfeited Restricted Shares and Deferred Stock Units and Performance Units	0
Forfeited Weighted Average Conversion Date Fair Value, in USD per Share	$ 0.00
Ending Balance, Restricted Shares and Deferred Stock Units and Performance Units	75,848	101,020
Ending Balance, Weighted Average Conversion Date Fair Value, in USD per share	$ 111.41	$ 104.91

Share-Based Payments (Details 3) - $ / shares	12 Months Ended
Share-Based Payments (Details 3) - $ / shares	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Restricted Shares And Deferred Stock Units [Member]
Weighted-average grant date fair values of the equity awards
Granted Restricted Shares and Deferred Stock Units and Performance Units	109,091	167,134	109,770
Granted Weighted Average Grant Date Fair Value, in USD per share	$ 104.82	$ 101.08	$ 76.37
Performance Units [Member]
Weighted-average grant date fair values of the equity awards
Granted Restricted Shares and Deferred Stock Units and Performance Units	75,848	101,020	106,666
Granted Weighted Average Conversion Date Fair Value, in USD per share	$ 111.41	$ 104.91	$ 100.54

Share-Based Payments (Details Textual) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation costs for stock options	$ 23.5	$ 22.9	$ 21.3
Related income tax benefit	$ 8.0	7.7	7.1
Weighted-average period of recognition	2 years 6 months
Intrinsic value of options exercised	$ 1.9	0.8	3.4
Restricted stock, vesting period (in Years)	4 years
Fair value of equity awards other than stock options vesting	$ 43.4	40.2	15.4
Options granted in period gross	955,000
Outstanding at April 30, 2015, average remaining contractual term	9 years 11 months
Outstanding at April 30, 2015, aggregate intrinsic value	$ 3.3
Exercisable at April 30, 2015, average remaining contractual term	4 months
Exercisable at April 30, 2015, aggregate intrinsic value	$ 0.1
Closing market price	$ 115.92
Unrecognized compensation expense	$ 18.5
Cash received from option exercises	$ 0.8	0.5	2.2
Shares available for future issuance	5,820,288
Equity instruments other than options vested in period weighted average grant date fair value total value	$ 28.6	$ 20.8	$ 11.8
2015 Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option contractual term	10 years
Weighted average fair value of stock options granted	$ 21.68
2015 Options [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite service and performance period for share based payments	1 year
2015 Options [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite service and performance period for share based payments	3 years
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation costs for stock options	$ 1.2
Related income tax benefit	$ 0.4
Weighted-average period of recognition	2 years

Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Income (loss) before income taxes
Domestic	$ 500.7	$ 827.4	$ 791.9
Foreign	22.3	22.3	25.4
Income Before Income Taxes	$ 523.0	$ 849.7	$ 817.3

Income Taxes (Details 1) - USD ($) $ in Millions	12 Months Ended
Income Taxes (Details 1) - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Current:
Federal	$ 147.8	$ 265.4	$ 262.1
Foreign	4.7	4.2	6.1
State and local	17.9	22.9	20.5
Deferred:
Federal	2.3	(13.9)	(15.6)
Foreign	0.5	2.4	0.9
State and local	4.9	3.5	(0.9)
Total income tax expense	$ 178.1	$ 284.5	$ 273.1

Income Taxes (Details 2) - USD ($) $ in Millions	12 Months Ended
Income Taxes (Details 2) - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Percent of Pretax Income
Statutory federal income tax rate	35.00%	35.00%	35.00%
State and local income taxes	2.40%	1.90%	1.80%
Domestic manufacturing deduction	(2.90%)	(3.00%)	(3.10%)
Other items - net	(0.40%)	(0.40%)	(0.30%)
Effective income tax rate	34.10%	33.50%	33.40%
Income taxes paid	$ 199.3	$ 294.4	$ 279.2

Income Taxes (Details 3) - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014
Deferred tax liabilities:
Intangible assets	$ 2,499.4	$ 1,028.7
Property, plant, and equipment	158.0	94.5
Other	9.6	19.4
Total deferred tax liabilities	2,667.0	1,142.6
Deferred tax assets:
Post-employment and other employee benefits	143.4	103.3
Tax credit and loss carryforwards	44.8	0.0
Intangible assets	22.1	7.6
Inventory	11.6	0.0
Property, plant, and equipment	19.4	0.0
Other	32.9	29.8
Total deferred tax assets	274.2	140.7
Valuation allowance for deferred tax assets	(4.2)	0.0
Total deferred tax assets, less allowance	270.0	140.7
Net deferred tax liability	$ 2,397.0	$ 1,001.9

Income Taxes (Details 4) $ in Millions	12 Months Ended
Income Taxes (Details 4) $ in Millions	Apr. 30, 2015 USD ($)
Schedule Of Tax Carryforwards [Line Items]
Related tax deduction on operating loss and tax credit carryforwards	$ 224.0
Deferred tax asset on operating loss and tax credit carryforwards	44.8
Valuation allowance on operating loss and tax credit carryforwards	4.2
Federal [Member]
Schedule Of Tax Carryforwards [Line Items]
Related tax deduction on operating loss carryforward	104.6
Related tax deduction on tax credit carryforward	0.0
Deferred tax asset related to an operating loss carryforward	36.6
Deferred tax assets related to tax carryforwards	0.5
Valuation allowance on operating loss carryforward	4.2
Valuation allowance on tax credit carryforward	$ 0.0
Expiration date on operating loss carryforward	Apr. 30, 2035
Expiration date on tax credit carryforward	Apr. 30, 2035
State [Member]
Schedule Of Tax Carryforwards [Line Items]
Related tax deduction on operating loss carryforward	$ 119.4
Related tax deduction on tax credit carryforward	0.0
Deferred tax asset related to an operating loss carryforward	5.9
Deferred tax assets related to tax carryforwards	1.8
Valuation allowance on operating loss carryforward	0.0
Valuation allowance on tax credit carryforward	$ 0.0
Expiration date on tax credit carryforward	Apr. 30, 2021
State [Member] \| Maximum [Member]
Schedule Of Tax Carryforwards [Line Items]
Expiration date on operating loss carryforward	Apr. 30, 2035
State [Member] \| Minimum [Member]
Schedule Of Tax Carryforwards [Line Items]
Expiration date on operating loss carryforward	Apr. 30, 2020

Income Taxes (Details 5) - USD ($) $ in Millions	12 Months Ended
Income Taxes (Details 5) - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Reconciliation of unrecognized tax benefits
Balance at May 1,	$ 29.1	$ 29.7	$ 24.0
Increases:
Current year tax positions	2.4	5.1	4.8
Prior year tax positions	1.2	0.1	2.5
Acquired businesses	13.4	0.0	0.0
Decreases:
Prior year tax positions	0.4	1.6	0.2
Settlement with tax authorities	0.0	1.5	1.0
Expiration of statute of limitations periods	0.7	2.7	0.4
Balance at April 30,	$ 45.0	$ 29.1	$ 29.7

Income Taxes (Details Textual) - USD ($) $ in Millions	12 Months Ended
Income Taxes (Details Textual) - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Income Taxes (Additional Textual) [Abstract]
Undistributed earnings of foreign subsidiaries on which deferred income taxes not provided	$ 248.6
Time period over which it is reasonably possible that the Company could decrease its unrecognized tax benefits	12 months
Amount unrecognized tax benefit could decrease in next 12 months	$ 2.1
Company's unrecognized tax benefits	45.0	$ 29.1	$ 29.7	$ 24.0
Unrecognized tax benefits that would affect the effective tax rate	32.2	19.5	20.6
Tax-related net interest and penalties	3.4	2.0	2.0
Interest charged to earnings	0.7	$ 0.1	$ 0.3
Federal [Member]
Schedule Of Tax Carryforwards [Line Items]
Valuation allowance on operating loss carryforward	$ 4.2

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions

12 Months Ended

Apr. 30, 2015

Apr. 30, 2014

Apr. 30, 2013

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive (Loss) Income, Beginning Balance

$ (51.6)

$ (76.6)

$ (84.0)

Reclassification adjustments

(18.7)

30.5

60.5

Current period (charge) credit

(54.3)

24.5

(46.4)

Income tax benefit (expense)

14.8

(30.0)

(6.7)

Accumulated Other Comprehensive (Loss) Income, Ending Balance

(109.8)

(51.6)

(76.6)

Foreign Currency Translation Adjustment [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive (Loss) Income, Beginning Balance

31.7

61.5

67.0

Reclassification adjustments

0.0

Current period (charge) credit

(34.0)

(29.8)

(5.5)

Income tax benefit (expense)

0.0

Accumulated Other Comprehensive (Loss) Income, Ending Balance

(2.3)

31.7

61.5

Unrealized (Loss) Gain on Cash Flow Hedging Derivatives [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive (Loss) Income, Beginning Balance

^[1]

15.3

(11.2)

(19.2)

Reclassification adjustments

^[1]

(28.5)

20.9

40.1

Current period (charge) credit

^[1]

(4.0)

21.0

(27.5)

Income tax benefit (expense)

^[1]

12.0

(15.4)

(4.6)

Accumulated Other Comprehensive (Loss) Income, Ending Balance

^[1]

(5.2)

15.3

(11.2)

Pension and Other Postretirement Liabilities [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive (Loss) Income, Beginning Balance

^[2]

(102.0)

(131.4)

(134.3)

Reclassification adjustments

^[2]

9.8

13.3

20.4

Current period (charge) credit

^[2]

(16.2)

31.4

(16.5)

Income tax benefit (expense)

^[2]

2.8

(15.3)

(1.0)

Accumulated Other Comprehensive (Loss) Income, Ending Balance

^[2]

(105.6)

(102.0)

(131.4)

Unrealized Gain On Available-for-Sale Securities [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive (Loss) Income, Beginning Balance

^[3]

3.4

4.5

2.5

Reclassification adjustments

^[3]

0.0

(3.7)

0.0

Current period (charge) credit

^[3]

(0.1)

1.9

3.1

Income tax benefit (expense)

^[3]

0.0

0.7

(1.1)

Accumulated Other Comprehensive (Loss) Income, Ending Balance

^[3]

3.3

3.4

4.5

Interest rate contract [Member] | Fair Value Hedging [Member] | Interest Expense [Member]

Derivative Instruments, Gain (Loss) [Line Items]

Gains (losses) reclassified from accumulated other comprehensive loss to earnings (effective portion)

(0.6)

(0.5)

Commodity contracts [Member] | Cash Flow Hedging [Member] | Cost of Products Sold [Member]

Derivative Instruments, Gain (Loss) [Line Items]

Gains (losses) reclassified from accumulated other comprehensive loss to earnings (effective portion)

$ 29.1

$ (20.3)

$ (39.6)

[1]	Of the total reclassification adjustments from accumulated other comprehensive loss, $29.1 of income and $20.3 and $39.6 of expense were reclassified to cost of products sold related to commodity derivatives during 2015, 2014, and 2013, respectively. An additional $0.6 during 2015 and 2014, and $0.5 during 2013 was reclassified to interest expense related to the interest rate swap. At April 30, 2015, the remaining balance in accumulated other comprehensive loss related entirely to the interest rate swap.
[2]	Amortization of net losses was reclassified from accumulated other comprehensive loss to selling, distribution, and administrative expenses.
[3]	The gain on the sale of marketable securities was reclassified from accumulated other comprehensive loss to other income net during 2014.

Restructuring (Details) - USD ($) $ in Millions	12 Months Ended
Restructuring (Details) - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Restructuring and Related Charges:
Total restructuring charge	$ 263.8
Beginning Balance	1.7	$ 7.7	$ 8.8
Charge to expense	15.4	20.8	38.8
Cash payments	(16.5)	(23.9)	(31.7)
Noncash utilization	(0.1)	(2.9)	(8.2)
Ending Balance	0.5	1.7	7.7
Long-Lived Asset Charges [Member]
Restructuring and Related Charges:
Total restructuring charge	102.7
Beginning Balance	0.0	0.0	0.0
Charge to expense	0.1	2.7	8.2
Cash payments	0.0	0.0	0.0
Noncash utilization	(0.1)	(2.7)	(8.2)
Ending Balance	0.0	0.0	0.0
Employee Separation [Member]
Restructuring and Related Charges:
Total restructuring charge	64.0
Beginning Balance	1.7	7.7	8.8
Charge to expense	0.5	2.6	3.4
Cash payments	(1.7)	(8.4)	(4.5)
Noncash utilization	0.0	(0.2)	0.0
Ending Balance	0.5	1.7	7.7
Site Preparation and Equipment Relocation [Member]
Restructuring and Related Charges:
Total restructuring charge	45.5
Beginning Balance	0.0	0.0	0.0
Charge to expense	5.3	7.2	13.4
Cash payments	(5.3)	(7.2)	(13.4)
Noncash utilization	0.0	0.0	0.0
Ending Balance	0.0	0.0	0.0
Production Start-up [Member]
Restructuring and Related Charges:
Total restructuring charge	42.2
Beginning Balance	0.0	0.0	0.0
Charge to expense	8.4	7.2	10.8
Cash payments	(8.4)	(7.2)	(10.8)
Noncash utilization	0.0	0.0	0.0
Ending Balance	0.0	0.0	0.0
Other Costs [Member]
Restructuring and Related Charges:
Total restructuring charge	9.4
Beginning Balance	0.0	0.0	0.0
Charge to expense	1.1	1.1	3.0
Cash payments	(1.1)	(1.1)	(3.0)
Noncash utilization	0.0	0.0	0.0
Ending Balance	$ 0.0	$ 0.0	$ 0.0

Restructuring (Details Textual) $ in Millions	12 Months Ended
Restructuring (Details Textual) $ in Millions	Apr. 30, 2015 USD ($) Position	Apr. 30, 2014 USD ($)	Apr. 30, 2013 USD ($)
Restructuring (Textual) [Abstract]
Restructuring costs incurred announcement-to-date	$ 263.8
Reduction in positions due to restructuring \| Position	850
Total restructuring charges	$ 15.4	$ 20.8	$ 38.8
Cost of products sold - restructuring and merger and integration	$ 1.1	$ 5.1	$ 10.0

Contingencies (Details Textual) - Big Heart [Member] $ in Millions	12 Months Ended
	Apr. 30, 2015 USD ($)
Loss Contingencies [Line Items]
Business acquisition consideration given	$ 5,905.7
Pending Litigation [Member]
Loss Contingencies [Line Items]
Business acquisition consideration given	1,700.0
Initial working capital adjustment received currently in dispute	110.0
Estimate of possible loss	$ 16.3

Guarantor and Non-Guarantor Financial Information (Details) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Condensed Statements of Consolidated Income and Comprehensive Income
Net sales	$ 5,692.7	$ 5,610.6	$ 5,897.7
Cost of products sold	3,724.0	3,579.6	3,870.1
Gross Profit	1,968.7	2,031.0	2,027.6
Selling, distribution, and administrative expenses and other special project costs	1,087.9	1,014.4	1,023.4
Amortization	110.9	98.9	96.8
Other operating income - net	(2.1)	(1.3)	(3.0)
Operating Income	772.0	919.0	910.4
Interest (expense) income - net	(79.9)	(79.4)	(93.4)
Other debt costs	(173.3)	0.0	0.0
Other income (expense) - net	4.2	10.1	0.3
Equity in net earnings of subsidiaries	0.0	0.0	0.0
Income Before Income Taxes	523.0	849.7	817.3
Income taxes	178.1	284.5	273.1
Net Income	344.9	565.2	544.2
Other comprehensive income, net of tax	(58.2)	25.0	7.4
Comprehensive Income	286.7	590.2	551.6
Eliminations [Member]
Condensed Statements of Consolidated Income and Comprehensive Income
Net sales	(5,111.7)	(5,432.3)	(5,276.6)
Cost of products sold	(5,115.4)	(5,428.5)	(5,292.8)
Gross Profit	3.7	(3.8)	16.2
Selling, distribution, and administrative expenses and other special project costs	0.0	0.0	0.0
Amortization	0.0	0.0	0.0
Other operating income - net	0.0	0.0	0.0
Operating Income	3.7	(3.8)	16.2
Interest (expense) income - net	0.0	1.7	0.0
Other debt costs	0.0
Other income (expense) - net	0.0	(1.7)	0.0
Equity in net earnings of subsidiaries	(496.7)	(550.9)	(631.7)
Income Before Income Taxes	(493.0)	(554.7)	(615.5)
Income taxes	0.0	0.0	0.0
Net Income	(493.0)	(554.7)	(615.5)
Other comprehensive income, net of tax	61.8	(33.4)	(13.1)
Comprehensive Income	(431.2)	(588.1)	(628.6)
The J.M. Smucker Company (Parent) [Member]
Condensed Statements of Consolidated Income and Comprehensive Income
Net sales	2,998.0	3,162.8	4,447.6
Cost of products sold	2,457.8	2,573.6	3,957.3
Gross Profit	540.2	589.2	490.3
Selling, distribution, and administrative expenses and other special project costs	234.9	197.1	199.0
Amortization	4.2	4.2	4.8
Other operating income - net	0.3	(1.3)	(2.7)
Operating Income	300.5	389.2	289.2
Interest (expense) income - net	(80.7)	(80.8)	(94.4)
Other debt costs	(173.3)
Other income (expense) - net	0.6	10.8	0.7
Equity in net earnings of subsidiaries	312.6	345.1	408.6
Income Before Income Taxes	360.0	664.3	604.1
Income taxes	15.1	99.1	59.9
Net Income	344.9	565.2	544.2
Other comprehensive income, net of tax	(58.2)	25.0	7.4
Comprehensive Income	286.7	590.2	551.6
Subsidiary Guarantors [Member]
Condensed Statements of Consolidated Income and Comprehensive Income
Net sales	1,184.0	1,278.8	1,296.4
Cost of products sold	1,080.0	1,166.0	1,190.6
Gross Profit	104.0	112.8	105.8
Selling, distribution, and administrative expenses and other special project costs	53.8	47.5	42.9
Amortization	0.0	0.0	0.0
Other operating income - net	(2.4)	0.9	(2.2)
Operating Income	52.6	64.4	65.1
Interest (expense) income - net	1.2	1.2	1.2
Other debt costs	0.0
Other income (expense) - net	0.1	0.0	1.1
Equity in net earnings of subsidiaries	131.4	141.4	156.7
Income Before Income Taxes	185.3	207.0	224.1
Income taxes	0.4	0.4	0.4
Net Income	184.9	206.6	223.7
Other comprehensive income, net of tax	(18.5)	27.4	9.0
Comprehensive Income	166.4	234.0	232.7
Non-Guarantor Subsidiaries [Member]
Condensed Statements of Consolidated Income and Comprehensive Income
Net sales	6,622.4	6,601.3	5,430.3
Cost of products sold	5,301.6	5,268.5	4,015.0
Gross Profit	1,320.8	1,332.8	1,415.3
Selling, distribution, and administrative expenses and other special project costs	799.2	769.8	781.5
Amortization	106.7	94.7	92.0
Other operating income - net	0.0	(0.9)	1.9
Operating Income	414.9	469.2	539.9
Interest (expense) income - net	(0.4)	(1.5)	(0.2)
Other debt costs	0.0
Other income (expense) - net	3.5	1.0	(1.5)
Equity in net earnings of subsidiaries	52.7	64.4	66.4
Income Before Income Taxes	470.7	533.1	604.6
Income taxes	162.6	185.0	212.8
Net Income	308.1	348.1	391.8
Other comprehensive income, net of tax	(43.3)	6.0	4.1
Comprehensive Income	$ 264.8	$ 354.1	$ 395.9

Guarantor and Non-Guarantor Financial Information (Details 1) - USD ($) $ in Millions	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Current Assets
Cash and cash equivalents	$ 125.6	$ 153.5	$ 256.4	$ 229.7
Inventories	1,163.6	931.0
Other current assets	763.1	454.6
Total Current Assets	2,052.3	1,539.1
Property, Plant, and Equipment - Net	1,678.3	1,265.6
Investments in Subsidiaries	0.0	0.0
Intercompany Receivable	0.0	0.0
Other Noncurrent Assets
Goodwill	6,009.8	3,098.2	3,052.9
Other intangible assets - net	6,950.3	3,024.3
Other noncurrent assets	191.9	133.0
Total Other Noncurrent Assets	13,152.0	6,255.5
Total Assets	16,882.6	9,060.2	9,024.1
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities	1,022.6	885.8
Noncurrent Liabilities
Long-term debt	5,944.9	1,873.1
Deferred income taxes	2,473.3	1,020.7
Intercompany payable	0.0	0.0
Other noncurrent liabilities	354.9	251.0
Total Noncurrent Liabilities	8,773.1	3,144.8
Total Liabilities	9,795.7	4,030.6
Total Shareholders' Equity	7,086.9	5,029.6	5,148.8	5,163.4
Total Liabilities and Shareholders' Equity	16,882.6	9,060.2
Eliminations [Member]
Current Assets
Cash and cash equivalents	0.0	0.0	0.0	0.0
Inventories	3.7	(3.7)
Other current assets	(12.6)	(10.1)
Total Current Assets	(8.9)	(13.8)
Property, Plant, and Equipment - Net	0.0	0.0
Investments in Subsidiaries	(19,062.5)	(12,668.8)
Intercompany Receivable	(438.3)	(1,447.7)
Other Noncurrent Assets
Goodwill	0.0	0.0
Other intangible assets - net	0.0	0.0
Other noncurrent assets	0.0	0.0
Total Other Noncurrent Assets	0.0	0.0
Total Assets	(19,509.7)	(14,130.3)
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities	(12.6)	(10.1)
Noncurrent Liabilities
Long-term debt	0.0	0.0
Deferred income taxes	0.0	0.0
Intercompany payable	(3,080.2)	(2,792.9)
Other noncurrent liabilities	0.0	0.0
Total Noncurrent Liabilities	(3,080.2)	(2,792.9)
Total Liabilities	(3,092.8)	(2,803.0)
Total Shareholders' Equity	(16,416.9)	(11,327.3)
Total Liabilities and Shareholders' Equity	(19,509.7)	(14,130.3)
The J.M. Smucker Company (Parent) [Member]
Current Assets
Cash and cash equivalents	7.1	6.8	108.0	108.3
Inventories	0.0	0.0
Other current assets	427.4	360.2
Total Current Assets	434.5	367.0
Property, Plant, and Equipment - Net	258.0	233.6
Investments in Subsidiaries	14,610.4	8,367.6
Intercompany Receivable	0.0	0.0
Other Noncurrent Assets
Goodwill	1,082.0	1,082.0
Other intangible assets - net	501.1	505.5
Other noncurrent assets	55.6	58.5
Total Other Noncurrent Assets	1,638.7	1,646.0
Total Assets	16,941.6	10,614.2
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities	484.0	590.7
Noncurrent Liabilities
Long-term debt	5,944.9	1,873.1
Deferred income taxes	106.9	107.6
Intercompany payable	3,080.2	2,792.9
Other noncurrent liabilities	238.7	220.3
Total Noncurrent Liabilities	9,370.7	4,993.9
Total Liabilities	9,854.7	5,584.6
Total Shareholders' Equity	7,086.9	5,029.6
Total Liabilities and Shareholders' Equity	16,941.6	10,614.2
Subsidiary Guarantors [Member]
Current Assets
Cash and cash equivalents	0.0	0.0	0.0	0.0
Inventories	180.3	173.3
Other current assets	4.8	9.9
Total Current Assets	185.1	183.2
Property, Plant, and Equipment - Net	591.3	551.1
Investments in Subsidiaries	4,179.7	4,063.3
Intercompany Receivable	305.2	315.5
Other Noncurrent Assets
Goodwill	0.0	0.0
Other intangible assets - net	0.0	0.0
Other noncurrent assets	10.5	11.1
Total Other Noncurrent Assets	10.5	11.1
Total Assets	5,271.8	5,124.2
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities	82.6	103.8
Noncurrent Liabilities
Long-term debt	0.0	0.0
Deferred income taxes	0.0	0.0
Intercompany payable	0.0	0.0
Other noncurrent liabilities	15.2	12.8
Total Noncurrent Liabilities	15.2	12.8
Total Liabilities	97.8	116.6
Total Shareholders' Equity	5,174.0	5,007.6
Total Liabilities and Shareholders' Equity	5,271.8	5,124.2
Non-Guarantor Subsidiaries [Member]
Current Assets
Cash and cash equivalents	118.5	146.7	$ 148.4	$ 121.4
Inventories	979.6	761.4
Other current assets	343.5	94.6
Total Current Assets	1,441.6	1,002.7
Property, Plant, and Equipment - Net	829.0	480.9
Investments in Subsidiaries	272.4	237.9
Intercompany Receivable	133.1	1,132.2
Other Noncurrent Assets
Goodwill	4,927.8	2,016.2
Other intangible assets - net	6,449.2	2,518.8
Other noncurrent assets	125.8	63.4
Total Other Noncurrent Assets	11,502.8	4,598.4
Total Assets	14,178.9	7,452.1
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities	468.6	201.4
Noncurrent Liabilities
Long-term debt	0.0	0.0
Deferred income taxes	2,366.4	913.1
Intercompany payable	0.0	0.0
Other noncurrent liabilities	101.0	17.9
Total Noncurrent Liabilities	2,467.4	931.0
Total Liabilities	2,936.0	1,132.4
Total Shareholders' Equity	11,242.9	6,319.7
Total Liabilities and Shareholders' Equity	$ 14,178.9	$ 7,452.1

Guarantor and Non-Guarantor Financial Information (Details 2) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Condensed Statements of Consolidated Cash Flows
Net Cash Provided by (Used for) Operating Activities	$ 733.2	$ 856.0	$ 855.8
INVESTING ACTIVITIES
Businesses acquired, net of cash acquired	(1,320.5)	(101.8)	0.0
Additions to property, plant, and equipment	(247.7)	(279.5)	(206.5)
Sales and maturities of marketable securities	0.0	10.0	0.0
Proceeds from disposal of property, plant, and equipment	2.6	10.7	3.3
Equity investments in subsidiaries	0.0	0.0	0.0
Repayments from (disbursements of) intercompany loans	0.0	0.0	0.0
Other - net	(30.1)	(9.7)	17.6
Net Cash Used for Investing Activities	(1,595.7)	(370.3)	(185.6)
FINANCING ACTIVITIES
Short-term (repayments) borrowings - net	(22.4)	248.4	0.0
Proceeds from long-term debt	5,382.5	0.0	0.0
Repayments of long-term debt, including make-whole payments	(4,193.9)	(50.0)	(50.0)
Quarterly dividends paid	(254.0)	(238.0)	(222.8)
Purchase of treasury shares	(24.3)	(508.5)	(364.2)
Proceeds from stock option exercises	0.8	0.5	2.2
Investments in subsidiaries	0.0	0.0	0.0
Intercompany payable	0.0	0.0	0.0
Other - net	(25.5)	(27.9)	(6.2)
Net Cash Provided by (Used for) Financing Activities	863.2	(575.5)	(641.0)
Effect of exchange rate changes on cash	(28.6)	(13.1)	(2.5)
Net (decrease) increase in cash and cash equivalents	(27.9)	(102.9)	26.7
Cash and cash equivalents at beginning of year	153.5	256.4	229.7
Cash and Cash Equivalents at End of Year	125.6	153.5	256.4
Eliminations [Member]
Condensed Statements of Consolidated Cash Flows
Net Cash Provided by (Used for) Operating Activities	0.0	0.0	0.0
INVESTING ACTIVITIES
Businesses acquired, net of cash acquired	0.0	0.0
Additions to property, plant, and equipment	0.0	0.0	0.0
Sales and maturities of marketable securities		0.0
Proceeds from disposal of property, plant, and equipment	0.0	0.0	0.0
Equity investments in subsidiaries	2,715.3	126.0	177.9
Repayments from (disbursements of) intercompany loans	287.3	273.7	466.2
Other - net	0.0	0.0	0.0
Net Cash Used for Investing Activities	3,002.6	399.7	644.1
FINANCING ACTIVITIES
Short-term (repayments) borrowings - net	0.0	0.0
Proceeds from long-term debt	0.0
Repayments of long-term debt, including make-whole payments	0.0	0.0	0.0
Quarterly dividends paid	0.0	0.0	0.0
Purchase of treasury shares	0.0	0.0	0.0
Proceeds from stock option exercises	0.0	0.0	0.0
Investments in subsidiaries	(2,715.3)	(126.0)	(177.9)
Intercompany payable	(287.3)	(273.7)	(466.2)
Other - net	0.0	0.0	0.0
Net Cash Provided by (Used for) Financing Activities	(3,002.6)	(399.7)	(644.1)
Effect of exchange rate changes on cash	0.0	0.0	0.0
Net (decrease) increase in cash and cash equivalents	0.0	0.0	0.0
Cash and cash equivalents at beginning of year	0.0	0.0	0.0
Cash and Cash Equivalents at End of Year	0.0	0.0	0.0
The J.M. Smucker Company (Parent) [Member]
Condensed Statements of Consolidated Cash Flows
Net Cash Provided by (Used for) Operating Activities	239.2	297.8	201.7
INVESTING ACTIVITIES
Businesses acquired, net of cash acquired	(1,240.0)	0.0
Additions to property, plant, and equipment	(56.3)	(31.1)	(33.6)
Sales and maturities of marketable securities		10.0
Proceeds from disposal of property, plant, and equipment	0.0	0.0	0.0
Equity investments in subsidiaries	(2,715.3)	(108.9)	(3.7)
Repayments from (disbursements of) intercompany loans	0.0	0.0	0.0
Other - net	0.0	(3.2)	(9.5)
Net Cash Used for Investing Activities	(4,011.6)	(133.2)	(46.8)
FINANCING ACTIVITIES
Short-term (repayments) borrowings - net	(5.3)	248.4
Proceeds from long-term debt	5,382.5
Repayments of long-term debt, including make-whole payments	(1,580.8)	(50.0)	(50.0)
Quarterly dividends paid	(254.0)	(238.0)	(222.8)
Purchase of treasury shares	(24.3)	(508.5)	(364.2)
Proceeds from stock option exercises	0.8	0.5	2.2
Investments in subsidiaries	0.0	0.0	9.9
Intercompany payable	287.3	273.7	466.2
Other - net	(33.5)	8.1	3.5
Net Cash Provided by (Used for) Financing Activities	3,772.7	(265.8)	(155.2)
Effect of exchange rate changes on cash	0.0	0.0	0.0
Net (decrease) increase in cash and cash equivalents	0.3	(101.2)	(0.3)
Cash and cash equivalents at beginning of year	6.8	108.0	108.3
Cash and Cash Equivalents at End of Year	7.1	6.8	108.0
Subsidiary Guarantors [Member]
Condensed Statements of Consolidated Cash Flows
Net Cash Provided by (Used for) Operating Activities	87.8	168.5	46.4
INVESTING ACTIVITIES
Businesses acquired, net of cash acquired	0.0	0.0
Additions to property, plant, and equipment	(93.3)	(163.2)	(103.1)
Sales and maturities of marketable securities		0.0
Proceeds from disposal of property, plant, and equipment	1.1	0.6	0.1
Equity investments in subsidiaries	0.0	(17.1)	(174.2)
Repayments from (disbursements of) intercompany loans	10.2	9.3	227.4
Other - net	(5.8)	0.2	3.4
Net Cash Used for Investing Activities	(87.8)	(170.2)	(46.4)
FINANCING ACTIVITIES
Short-term (repayments) borrowings - net	0.0	0.0
Proceeds from long-term debt	0.0
Repayments of long-term debt, including make-whole payments	0.0	0.0	0.0
Quarterly dividends paid	0.0	0.0	0.0
Purchase of treasury shares	0.0	0.0	0.0
Proceeds from stock option exercises	0.0	0.0	0.0
Investments in subsidiaries	0.0	0.0	0.0
Intercompany payable	0.0	0.0	0.0
Other - net	0.0	1.7	0.0
Net Cash Provided by (Used for) Financing Activities	0.0	1.7	0.0
Effect of exchange rate changes on cash	0.0	0.0	0.0
Net (decrease) increase in cash and cash equivalents	0.0	0.0	0.0
Cash and cash equivalents at beginning of year	0.0	0.0	0.0
Cash and Cash Equivalents at End of Year	0.0	0.0	0.0
Non-Guarantor Subsidiaries [Member]
Condensed Statements of Consolidated Cash Flows
Net Cash Provided by (Used for) Operating Activities	406.2	389.7	607.7
INVESTING ACTIVITIES
Businesses acquired, net of cash acquired	(80.5)	(101.8)
Additions to property, plant, and equipment	(98.1)	(85.2)	(69.8)
Sales and maturities of marketable securities		0.0
Proceeds from disposal of property, plant, and equipment	1.5	10.1	3.2
Equity investments in subsidiaries	0.0	0.0	0.0
Repayments from (disbursements of) intercompany loans	(297.5)	(283.0)	(693.6)
Other - net	(24.3)	(6.7)	23.7
Net Cash Used for Investing Activities	(498.9)	(466.6)	(736.5)
FINANCING ACTIVITIES
Short-term (repayments) borrowings - net	(17.1)	0.0
Proceeds from long-term debt	0.0
Repayments of long-term debt, including make-whole payments	(2,613.1)	0.0	0.0
Quarterly dividends paid	0.0	0.0	0.0
Purchase of treasury shares	0.0	0.0	0.0
Proceeds from stock option exercises	0.0	0.0	0.0
Investments in subsidiaries	2,715.3	126.0	168.0
Intercompany payable	0.0	0.0	0.0
Other - net	8.0	(37.7)	(9.7)
Net Cash Provided by (Used for) Financing Activities	93.1	88.3	158.3
Effect of exchange rate changes on cash	(28.6)	(13.1)	(2.5)
Net (decrease) increase in cash and cash equivalents	(28.2)	(1.7)	27.0
Cash and cash equivalents at beginning of year	146.7	148.4	121.4
Cash and Cash Equivalents at End of Year	$ 118.5	$ 146.7	$ 148.4

Guarantor and Non-Guarantor Financial Information (Details Textual) - 3.50% Senior Notes due October 15, 2021 [Member]	Apr. 30, 2015
Guarantor and Non Guarantor Financial Information (Textual) [Abstract]
Interest rate on notes	3.50%
Percentage ownership of wholly-owned subsidiaries	100.00%

Common Shares (Details)	12 Months Ended
Common Shares (Details)	Apr. 30, 2015 USD ($) Votes Rights yr shares	Apr. 30, 2014 USD ($) shares	Apr. 30, 2013 USD ($) shares
Common shares (Additional Textual) [Abstract]
Number of votes each holder of a common share outstanding is entitled \| Votes	1
Number of votes per share \| Votes	10
Number of years there has not been a change in beneficial ownership \| yr	4
Number of votes per share after change in beneficial ownership \| Votes	1
Number of years required to pass after change in beneficial ownership \| yr	4
Number of share purchase rights \| Rights	1
Minimum percentage of outstanding common shares held by persons or group	10.00%
Number of shares shareholder can purchase at discounted price	1
Number of common shares issued for each right as part of exchange option	1
Value to redeem per right \| $	$ 0.001
Shares repurchased during period	0	4,900,000	4,000,000
Purchase amount for shares repurchased \| $	$ 0	$ 495,000,000	$ 359,400,000
Shares remaining for repurchase	10,000,000