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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Apr. 24, 2020
Apr. 26, 2019
Apr. 27, 2018
Income Statement [Abstract]      
Net sales $ 28,913 $ 30,557 $ 29,953
Costs and expenses:      
Cost of products sold 9,424 9,155 9,067
Research and development expense 2,331 2,330 2,256
Selling, general, and administrative expense 10,109 10,418 10,238
Amortization of intangible assets 1,756 1,764 1,823
Restructuring charges, net 118 198 30
Certain litigation charges 313 166 61
Gain on sale of businesses 0 0 (697)
Other operating expense, net 71 258 535
Operating profit 4,791 6,268 6,640
Other non-operating income, net (356) (373) (181)
Interest expense 1,092 1,444 1,146
Income before income taxes 4,055 5,197 5,675
Income tax (benefit) provision (751) 547 2,580
Net income 4,806 4,650 3,095
Net (income) loss attributable to noncontrolling interests (17) (19) 9
Net income attributable to Medtronic $ 4,789 $ 4,631 $ 3,104
Basic earnings per share (in dollars per share) $ 3.57 $ 3.44 $ 2.29
Diluted earnings per share (in dollars per share) $ 3.54 $ 3.41 $ 2.27
Basic weighted average shares outstanding (in shares) 1,340.7 1,346.4 1,356.7
Diluted weighted average shares outstanding (in shares) 1,351.1 1,357.5 1,368.2