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Consolidated Statements of Income - USD ($)
shares in Millions
12 Months Ended
Apr. 27, 2018
Apr. 28, 2017
Apr. 29, 2016
Income Statement [Abstract]      
Net sales $ 29,953,000,000 $ 29,710,000,000 $ 28,833,000,000
Costs and expenses:      
Cost of products sold 9,055,000,000 9,291,000,000 9,142,000,000
Research and development expense 2,253,000,000 2,193,000,000 2,224,000,000
Selling, general, and administrative expense 9,974,000,000 9,711,000,000 9,469,000,000
Amortization of intangible assets 1,823,000,000 1,980,000,000 1,931,000,000
Restructuring charges, net 30,000,000 363,000,000 290,000,000
Acquisition-related items 104,000,000 220,000,000 283,000,000
Certain litigation charges 61,000,000 300,000,000 26,000,000
Divestiture-related items 114,000,000 0 0
Gain on sale of businesses (697,000,000) 0 0
Special charge 80,000,000 100,000,000 0
Other expense, net 505,000,000 222,000,000 107,000,000
Operating profit 6,651,000,000 5,330,000,000 5,361,000,000
Investment loss 227,000,000 0 70,000,000
Interest income (397,000,000) (366,000,000) (431,000,000)
Interest expense 1,146,000,000 1,094,000,000 1,386,000,000
Interest expense, net 749,000,000 728,000,000 955,000,000
Income before income taxes 5,675,000,000 4,602,000,000 4,336,000,000
Income tax provision 2,580,000,000 578,000,000 798,000,000
Net income 3,095,000,000 4,024,000,000 3,538,000,000
Net loss attributable to noncontrolling interests 9,000,000 4,000,000 0
Net income attributable to Medtronic $ 3,104,000,000 $ 4,028,000,000 $ 3,538,000,000
Basic earnings per share (in dollars per share) $ 2.29 $ 2.92 $ 2.51
Diluted earnings per share (in dollars per share) $ 2.27 $ 2.89 $ 2.48
Basic weighted average shares outstanding (in shares) 1,356.7 1,378.9 1,409.6
Diluted weighted average shares outstanding (in shares) 1,368.2 1,391.4 1,425.9
Cash dividends declared per ordinary share (in dollars per share) $ 1.84 $ 1.72 $ 1.52