XML 58 R40.htm IDEA: XBRL DOCUMENT v3.19.2
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Apr. 26, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table presents the changes in the carrying amount of goodwill by segment:
(in millions)
Cardiac and
Vascular Group
 
Minimally Invasive Therapies Group
 
Restorative
Therapies Group
 
Diabetes Group
 
Total
April 28, 2017
$
6,651

 
$
20,411

 
$
9,600

 
$
1,853

 
$
38,515

Goodwill as a result of acquisitions
6

 
10

 
9

 
27

 
52

Purchase accounting adjustments
54

 

 

 

 
54

Currency translation and other
80

 
734

 
108

 

 
922

April 27, 2018
6,791

 
21,155

 
9,717

 
1,880

 
39,543

Goodwill as a result of acquisitions
165

 
83

 
1,238

 
24

 
1,510

Currency translation and other
(102
)
 
(857
)
 
(134
)
 
(1
)
 
(1,094
)
April 26, 2019
$
6,854

 
$
20,381

 
$
10,821

 
$
1,903

 
$
39,959


Schedule of Finite-Lived Intangible Assets by Major Class
The following table presents the gross carrying amount and accumulated amortization of intangible assets:
 
April 26, 2019
 
April 27, 2018
(in millions)
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Definite-lived:
 
 
 
 
 
 
 
Customer-related
$
16,944

 
$
(4,095
)
 
$
16,949

 
$
(3,139
)
Purchased technology and patents
11,405

 
(4,570
)
 
11,569

 
(4,441
)
Trademarks and tradenames
570

 
(324
)
 
822

 
(569
)
Other
85

 
(59
)
 
94

 
(52
)
Total
$
29,004

 
$
(9,048
)
 
$
29,434

 
$
(8,201
)
Indefinite-lived:
 
 
 
 
 
 
 
IPR&D
$
604

 
$

 
$
490

 
$


Schedule of Indefinite-Lived Intangible Assets by Major Class
The following table presents the gross carrying amount and accumulated amortization of intangible assets:
 
April 26, 2019
 
April 27, 2018
(in millions)
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Definite-lived:
 
 
 
 
 
 
 
Customer-related
$
16,944

 
$
(4,095
)
 
$
16,949

 
$
(3,139
)
Purchased technology and patents
11,405

 
(4,570
)
 
11,569

 
(4,441
)
Trademarks and tradenames
570

 
(324
)
 
822

 
(569
)
Other
85

 
(59
)
 
94

 
(52
)
Total
$
29,004

 
$
(9,048
)
 
$
29,434

 
$
(8,201
)
Indefinite-lived:
 
 
 
 
 
 
 
IPR&D
$
604

 
$

 
$
490

 
$


Schedule of Finite-Lived Intangible Assets, Future Amortization Expense Estimated aggregate amortization expense by fiscal year based on the current carrying value and remaining estimated useful lives of definite-lived intangible assets at April 26, 2019, excluding any possible future amortization associated with acquired IPR&D which has not met technological feasibility, is as follows:
(in millions)
Amortization
Expense
2020
$
1,741

2021
1,724

2022
1,684

2023
1,615

2024
1,574