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Consolidated Statements of Income - USD ($)
shares in Millions
3 Months Ended 9 Months Ended
Jan. 27, 2017
Jan. 29, 2016
Jan. 27, 2017
Jan. 29, 2016
Income Statement [Abstract]        
Net sales $ 7,283,000,000 $ 6,934,000,000 $ 21,794,000,000 $ 21,266,000,000
Costs and expenses:        
Cost of products sold 2,268,000,000 2,141,000,000 6,855,000,000 6,779,000,000
Research and development expense 530,000,000 546,000,000 1,640,000,000 1,649,000,000
Selling, general, and administrative expense 2,388,000,000 2,317,000,000 7,232,000,000 7,109,000,000
Special charge 100,000,000 0 100,000,000 0
Restructuring charges, net 21,000,000 19,000,000 162,000,000 159,000,000
Certain litigation charges 218,000,000 0 300,000,000 26,000,000
Acquisition-related items 68,000,000 63,000,000 148,000,000 183,000,000
Amortization of intangible assets 497,000,000 484,000,000 1,484,000,000 1,448,000,000
Other expense, net 46,000,000 9,000,000 174,000,000 127,000,000
Operating profit 1,147,000,000 1,355,000,000 3,699,000,000 3,786,000,000
Interest income (88,000,000) (99,000,000) (272,000,000) (321,000,000)
Interest expense 268,000,000 275,000,000 804,000,000 905,000,000
Interest expense, net 180,000,000 176,000,000 532,000,000 584,000,000
Income from operations before income taxes 967,000,000 1,179,000,000 3,167,000,000 3,202,000,000
Provision for income taxes 147,000,000 84,000,000 307,000,000 767,000,000
Net income 820,000,000 1,095,000,000 2,860,000,000 2,435,000,000
Net loss attributable to noncontrolling interests (1,000,000) 0 (5,000,000) 0
Net income attributable to Medtronic $ 821,000,000 $ 1,095,000,000 $ 2,865,000,000 $ 2,435,000,000
Basic earnings per share (usd per share) $ 0.60 $ 0.78 $ 2.07 $ 1.72
Diluted earnings per share (usd per share) $ 0.59 $ 0.77 $ 2.05 $ 1.70
Basic weighted average shares outstanding (shares) 1,372.2 1,406.6 1,381.9 1,412.5
Diluted weighted average shares outstanding (shares) 1,383.1 1,422.2 1,394.7 1,429.2
Cash dividends declared per ordinary share (usd per share) $ 0.43 $ 0.38 $ 1.29 $ 1.140