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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Apr. 28, 2017
Apr. 29, 2016
Apr. 24, 2015
Income Statement [Abstract]      
Net sales $ 29,710 $ 28,833 $ 20,261
Costs and expenses:      
Cost of products sold 9,291 9,142 6,309
Research and development expense 2,193 2,224 1,640
Selling, general, and administrative expense 9,711 9,469 6,904
Special charge (gain), net 100 70 (38)
Restructuring charges, net 363 290 237
Certain litigation charges 300 26 42
Acquisition-related items 220 283 550
Amortization of intangible assets 1,980 1,931 733
Other expense, net 222 107 118
Operating profit 5,330 5,291 3,766
Interest income (366) (431) (386)
Interest expense 1,094 1,386 666
Interest expense, net 728 955 280
Income before provision for income taxes 4,602 4,336 3,486
Provision for income taxes 578 798 811
Net income 4,024 3,538 2,675
Net loss attributable to noncontrolling interests 4 0 0
Net income attributable to Medtronic $ 4,028 $ 3,538 $ 2,675
Basic earnings per share (in dollars per share) $ 2.92 $ 2.51 $ 2.44
Diluted earnings per share (in dollars per share) $ 2.89 $ 2.48 $ 2.41
Basic weighted average shares outstanding (shares) 1,378.9 1,409.6 1,095.5
Diluted weighted average shares outstanding (in shares) 1,391.4 1,425.9 1,109.0
Cash dividends declared per common share (in dollars per share) $ 1.72 $ 1.52 $ 1.22