v3.24.2.u1
Reportable Segments (Tables)
 3 Months Ended
Jul. 31, 2024
Segment Reporting [Abstract]  
Income by segment
The following table reconciles segment profit to income before income taxes.
 Three Months Ended July 31,
 20242023
Net sales:
U.S. Retail Coffee$623.4 $625.1 
U.S. Retail Frozen Handheld and Spreads496.8 464.0 
U.S. Retail Pet Foods399.7 441.0 
Sweet Baked Snacks333.7 — 
International and Away From Home271.5 275.1 
Total net sales$2,125.1 $1,805.2 
Segment profit:
U.S. Retail Coffee$172.6 $170.1 
U.S. Retail Frozen Handheld and Spreads119.0 105.7 
U.S. Retail Pet Foods115.3 81.3 
Sweet Baked Snacks74.4 — 
International and Away From Home48.6 36.4 
Total segment profit$529.9 $393.5 
Amortization(56.0)(39.8)
Gain (loss) on divestitures – net— 1.2 
Interest expense – net(100.4)(32.1)
Change in net cumulative unallocated derivative gains and losses(30.0)10.4 
Cost of products sold – special project costs (A)
(5.3)— 
Other special project costs (A)
(7.1)— 
Corporate administrative expenses(82.0)(61.8)
Other income (expense) – net(3.1)(33.0)
Income before income taxes$246.0 $238.4 
(A)Includes special project costs related to certain divestiture, acquisition, integration, and restructuring activities. For more information, see Note 5: Special Project Costs.
Geographical information
The following table presents certain geographical information.
Three Months Ended July 31,
20242023
Net sales:
United States$2,015.4 $1,676.4 
International:
Canada$81.4 $102.3 
All other international28.3 26.5 
Total international$109.7 $128.8 
Total net sales$2,125.1 $1,805.2 
Product category information
The following table presents product category information.
Three Months Ended July 31,
20242023
Primary Reportable Segment (A)
Coffee$711.9 $709.1 U.S. Retail Coffee
Sweet baked goods296.6 — Sweet Baked Snacks
Pet snacks226.8 243.4 U.S. Retail Pet Foods
Frozen handheld222.6 179.4 U.S. Retail Frozen Handheld and Spreads
Peanut butter218.6 212.0 U.S. Retail Frozen Handheld and Spreads
Cat food183.1 191.1 U.S. Retail Pet Foods
Fruit spreads106.5 106.6 U.S. Retail Frozen Handheld and Spreads
Portion control54.1 48.6 
Other (B)
Cookies37.1 — Sweet Baked Snacks
Toppings and syrups28.3 24.8 U.S. Retail Frozen Handheld and Spreads
Baking mixes and ingredients14.2 14.8 
Other (B)
Dog food6.2 26.8 U.S. Retail Pet Foods
Other19.1 48.6 
Other (B)
Total net sales$2,125.1 $1,805.2 
(A)The primary reportable segment generally represents at least 75 percent of total net sales for each respective product category.
(B)Represents the combined International and Away From Home operating segments.