XML 95 R83.htm IDEA: XBRL DOCUMENT v3.10.0.1
Guarantor Financial Information - Condensed Consolidating Statement of Cash Flows (Details) - USD ($)
$ in Millions
9 Months Ended
Jan. 25, 2019
Jan. 26, 2018
Operating Activities:    
Net cash provided by (used in) operating activities $ 4,920 $ 3,646
Investing Activities:    
Acquisitions, net of cash acquired (1,615) (111)
Proceeds from sale of businesses 0 6,058
Additions to property, plant, and equipment (799) (776)
Purchases of investments (1,987) (2,479)
Sales and maturities of investments 4,159 3,060
Capital contribution paid 0 0
Other investing activities (3) (5)
Net cash (used in) provided by investing activities (245) 5,747
Financing Activities:    
Change in current debt obligations, net (696) (391)
Issuance of long-term debt 3 21
Payments on long-term debt (29) (4,167)
Dividends to shareholders (2,022) (1,870)
Issuance of ordinary shares 891 333
Repurchase of ordinary shares (2,728) (1,964)
Net intercompany loan borrowings (repayments) 0 0
Intercompany dividend paid   0
Capital contribution received 0 0
Other financing activities 10 (88)
Net cash used in financing activities (4,571) (8,126)
Effect of exchange rate changes on cash and cash equivalents (70) 124
Net change in cash and cash equivalents 34 1,391
Cash and cash equivalents at beginning of period 3,669 4,967
Cash and cash equivalents at end of period 3,703 6,358
Consolidating Adjustments | Medtronic Senior Notes and Medtronic Luxco Senior Notes    
Operating Activities:    
Net cash provided by (used in) operating activities 0 0
Investing Activities:    
Acquisitions, net of cash acquired 0 0
Proceeds from sale of businesses   0
Additions to property, plant, and equipment 0 0
Purchases of investments 0 0
Sales and maturities of investments 0 0
Capital contribution paid 65 4,259
Other investing activities 0 0
Net cash (used in) provided by investing activities 65 4,259
Financing Activities:    
Change in current debt obligations, net 0 0
Issuance of long-term debt 0 0
Payments on long-term debt 0 0
Dividends to shareholders 0 0
Issuance of ordinary shares 0 0
Repurchase of ordinary shares 0 0
Net intercompany loan borrowings (repayments) 0 0
Capital contribution received (65) (4,259)
Other financing activities 0 0
Net cash used in financing activities (65) (4,259)
Effect of exchange rate changes on cash and cash equivalents 0 0
Net change in cash and cash equivalents 0 0
Cash and cash equivalents at beginning of period 0 0
Cash and cash equivalents at end of period 0 0
Consolidating Adjustments | CIFSA Senior Notes    
Operating Activities:    
Net cash provided by (used in) operating activities 0 (1,048)
Investing Activities:    
Acquisitions, net of cash acquired 0 0
Proceeds from sale of businesses   0
Additions to property, plant, and equipment 0 0
Purchases of investments 0 0
Sales and maturities of investments 0 0
Capital contribution paid 205 4,731
Other investing activities 0 0
Net cash (used in) provided by investing activities 205 4,731
Financing Activities:    
Change in current debt obligations, net 0 0
Issuance of long-term debt 0 0
Payments on long-term debt 0 0
Dividends to shareholders 0 0
Issuance of ordinary shares 0 0
Repurchase of ordinary shares 0 0
Net intercompany loan borrowings (repayments) 0 0
Intercompany dividend paid   1,048
Capital contribution received (205) (4,731)
Other financing activities 0 0
Net cash used in financing activities (205) (3,683)
Effect of exchange rate changes on cash and cash equivalents 0 0
Net change in cash and cash equivalents 0 0
Cash and cash equivalents at beginning of period 0 0
Cash and cash equivalents at end of period 0 0
Medtronic plc | Reportable Legal Entities | Medtronic Senior Notes and Medtronic Luxco Senior Notes    
Operating Activities:    
Net cash provided by (used in) operating activities 100 172
Investing Activities:    
Acquisitions, net of cash acquired 0 0
Proceeds from sale of businesses   0
Additions to property, plant, and equipment 0 0
Purchases of investments 0 0
Sales and maturities of investments 0 0
Capital contribution paid (18) 0
Other investing activities 0 0
Net cash (used in) provided by investing activities (18) 0
Financing Activities:    
Change in current debt obligations, net 0 0
Issuance of long-term debt 0 0
Payments on long-term debt 0 0
Dividends to shareholders (2,022) (1,870)
Issuance of ordinary shares 891 333
Repurchase of ordinary shares (2,728) (1,964)
Net intercompany loan borrowings (repayments) 3,777 3,329
Capital contribution received 0 0
Other financing activities 0 0
Net cash used in financing activities (82) (172)
Effect of exchange rate changes on cash and cash equivalents 0 0
Net change in cash and cash equivalents 0 0
Cash and cash equivalents at beginning of period 0 0
Cash and cash equivalents at end of period 0 0
Medtronic plc | Reportable Legal Entities | CIFSA Senior Notes    
Operating Activities:    
Net cash provided by (used in) operating activities 100 172
Investing Activities:    
Acquisitions, net of cash acquired 0 0
Proceeds from sale of businesses   0
Additions to property, plant, and equipment 0 0
Purchases of investments 0 0
Sales and maturities of investments 0 0
Capital contribution paid (18) 0
Other investing activities 0 0
Net cash (used in) provided by investing activities (18) 0
Financing Activities:    
Change in current debt obligations, net 0 0
Issuance of long-term debt 0 0
Payments on long-term debt 0 0
Dividends to shareholders (2,022) (1,870)
Issuance of ordinary shares 891 333
Repurchase of ordinary shares (2,728) (1,964)
Net intercompany loan borrowings (repayments) 3,777 3,329
Intercompany dividend paid   0
Capital contribution received 0 0
Other financing activities 0 0
Net cash used in financing activities (82) (172)
Effect of exchange rate changes on cash and cash equivalents 0 0
Net change in cash and cash equivalents 0 0
Cash and cash equivalents at beginning of period 0 0
Cash and cash equivalents at end of period 0 0
Subsidiary Issuer | Reportable Legal Entities | Medtronic Senior Notes and Medtronic Luxco Senior Notes    
Operating Activities:    
Net cash provided by (used in) operating activities (619) (958)
Investing Activities:    
Acquisitions, net of cash acquired 0 0
Proceeds from sale of businesses   0
Additions to property, plant, and equipment (207) (234)
Purchases of investments 0 0
Sales and maturities of investments 76 0
Capital contribution paid (47) (59)
Other investing activities 0 0
Net cash (used in) provided by investing activities (178) (293)
Financing Activities:    
Change in current debt obligations, net 0 0
Issuance of long-term debt 0 0
Payments on long-term debt 0 (3,000)
Dividends to shareholders 0 0
Issuance of ordinary shares 0 0
Repurchase of ordinary shares 0 0
Net intercompany loan borrowings (repayments) 793 4,244
Capital contribution received 0 0
Other financing activities 0 0
Net cash used in financing activities 793 1,244
Effect of exchange rate changes on cash and cash equivalents 0 0
Net change in cash and cash equivalents (4) (7)
Cash and cash equivalents at beginning of period 20 45
Cash and cash equivalents at end of period 16 38
Subsidiary Issuer | Reportable Legal Entities | CIFSA Senior Notes    
Operating Activities:    
Net cash provided by (used in) operating activities (62) 978
Investing Activities:    
Acquisitions, net of cash acquired 0 0
Proceeds from sale of businesses   0
Additions to property, plant, and equipment 0 0
Purchases of investments 0 0
Sales and maturities of investments 0 0
Capital contribution paid (187) (531)
Other investing activities 0 0
Net cash (used in) provided by investing activities (187) (531)
Financing Activities:    
Change in current debt obligations, net 0 0
Issuance of long-term debt 0 0
Payments on long-term debt 0 (1,150)
Dividends to shareholders 0 0
Issuance of ordinary shares 0 0
Repurchase of ordinary shares 0 0
Net intercompany loan borrowings (repayments) 249 670
Intercompany dividend paid   0
Capital contribution received 0 0
Other financing activities 0 0
Net cash used in financing activities 249 (480)
Effect of exchange rate changes on cash and cash equivalents 0 0
Net change in cash and cash equivalents 0 (33)
Cash and cash equivalents at beginning of period 0 33
Cash and cash equivalents at end of period 0 0
Subsidiary Guarantors | Reportable Legal Entities | Medtronic Senior Notes and Medtronic Luxco Senior Notes    
Operating Activities:    
Net cash provided by (used in) operating activities 200 200
Investing Activities:    
Acquisitions, net of cash acquired 0 0
Proceeds from sale of businesses   0
Additions to property, plant, and equipment 0 0
Purchases of investments 0 0
Sales and maturities of investments 0 0
Capital contribution paid 0 (4,200)
Other investing activities 0 0
Net cash (used in) provided by investing activities 0 (4,200)
Financing Activities:    
Change in current debt obligations, net (696) (397)
Issuance of long-term debt 0 0
Payments on long-term debt 0 0
Dividends to shareholders 0 0
Issuance of ordinary shares 0 0
Repurchase of ordinary shares 0 0
Net intercompany loan borrowings (repayments) 814 4,453
Capital contribution received 0 0
Other financing activities 17 0
Net cash used in financing activities 135 4,056
Effect of exchange rate changes on cash and cash equivalents 0 0
Net change in cash and cash equivalents 335 56
Cash and cash equivalents at beginning of period 1 5
Cash and cash equivalents at end of period 336 61
Subsidiary Guarantors | Reportable Legal Entities | CIFSA Senior Notes    
Operating Activities:    
Net cash provided by (used in) operating activities 219 210
Investing Activities:    
Acquisitions, net of cash acquired 0 0
Proceeds from sale of businesses   0
Additions to property, plant, and equipment 0 0
Purchases of investments 0 0
Sales and maturities of investments 0 0
Capital contribution paid 0 (4,200)
Other investing activities 0 0
Net cash (used in) provided by investing activities 0 (4,200)
Financing Activities:    
Change in current debt obligations, net (696) (397)
Issuance of long-term debt 0 0
Payments on long-term debt 0 0
Dividends to shareholders 0 0
Issuance of ordinary shares 0 0
Repurchase of ordinary shares 0 0
Net intercompany loan borrowings (repayments) 795 4,443
Intercompany dividend paid   0
Capital contribution received 0 0
Other financing activities 17 0
Net cash used in financing activities 116 4,046
Effect of exchange rate changes on cash and cash equivalents 0 0
Net change in cash and cash equivalents 335 56
Cash and cash equivalents at beginning of period 1 5
Cash and cash equivalents at end of period 336 61
Subsidiary Non-guarantors | Reportable Legal Entities | Medtronic Senior Notes and Medtronic Luxco Senior Notes    
Operating Activities:    
Net cash provided by (used in) operating activities 5,239 4,232
Investing Activities:    
Acquisitions, net of cash acquired (1,615) (111)
Proceeds from sale of businesses   6,058
Additions to property, plant, and equipment (592) (542)
Purchases of investments (1,987) (2,479)
Sales and maturities of investments 4,083 3,060
Capital contribution paid 0 0
Other investing activities (3) (5)
Net cash (used in) provided by investing activities (114) 5,981
Financing Activities:    
Change in current debt obligations, net 0 6
Issuance of long-term debt 3 21
Payments on long-term debt (29) (1,167)
Dividends to shareholders 0 0
Issuance of ordinary shares 0 0
Repurchase of ordinary shares 0 0
Net intercompany loan borrowings (repayments) (5,384) (12,026)
Capital contribution received 65 4,259
Other financing activities (7) (88)
Net cash used in financing activities (5,352) (8,995)
Effect of exchange rate changes on cash and cash equivalents (70) 124
Net change in cash and cash equivalents (297) 1,342
Cash and cash equivalents at beginning of period 3,648 4,917
Cash and cash equivalents at end of period 3,351 6,259
Subsidiary Non-guarantors | Reportable Legal Entities | CIFSA Senior Notes    
Operating Activities:    
Net cash provided by (used in) operating activities 4,663 3,334
Investing Activities:    
Acquisitions, net of cash acquired (1,615) (111)
Proceeds from sale of businesses   6,058
Additions to property, plant, and equipment (799) (776)
Purchases of investments (1,987) (2,479)
Sales and maturities of investments 4,159 3,060
Capital contribution paid 0 0
Other investing activities (3) (5)
Net cash (used in) provided by investing activities (245) 5,747
Financing Activities:    
Change in current debt obligations, net 0 6
Issuance of long-term debt 3 21
Payments on long-term debt (29) (3,017)
Dividends to shareholders 0 0
Issuance of ordinary shares 0 0
Repurchase of ordinary shares 0 0
Net intercompany loan borrowings (repayments) (4,821) (8,442)
Intercompany dividend paid   (1,048)
Capital contribution received 205 4,731
Other financing activities (7) (88)
Net cash used in financing activities (4,649) (7,837)
Effect of exchange rate changes on cash and cash equivalents (70) 124
Net change in cash and cash equivalents (301) 1,368
Cash and cash equivalents at beginning of period 3,668 4,929
Cash and cash equivalents at end of period $ 3,367 $ 6,297