XML 46 R28.htm IDEA: XBRL DOCUMENT v3.19.2
Quarterly Financial Data (unaudited)
 12 Months Ended
Apr. 26, 2019
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (unaudited) Quarterly Financial Data (unaudited)
The table below summarizes select unaudited quarterly financial data for fiscal years 2019 and 2018:
 
 
Fiscal Year 2019
 
Fiscal Year 2018
(in millions, except per share data)
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Net sales
 
$
7,384

 
$
7,481

 
$
7,546

 
$
8,146

 
$
7,390

 
$
7,050

 
$
7,369

 
$
8,144

Gross profit
 
5,180

 
5,278

 
5,281

 
5,663

 
5,038

 
4,927

 
5,175

 
5,746

Net income (loss)
 
1,077

 
1,120

 
1,271

 
1,182

 
1,009

 
2,013

 
(1,392
)
 
1,465

Net income (loss) attributable to Medtronic
 
1,075

 
1,115

 
1,269

 
1,172

 
1,016

 
2,017

 
(1,389
)
 
1,460

Basic earnings (loss) per share
 
0.79

 
0.83

 
0.95

 
0.87

 
0.75

 
1.49

 
(1.03
)
 
1.08

Diluted earnings (loss) per share
 
0.79

 
0.82

 
0.94

 
0.87

 
0.74

 
1.48

 
(1.03
)
 
1.07


The data in the schedule above has been intentionally rounded to the nearest million, and therefore, the quarterly amounts may not sum to the fiscal year-to-date amounts.