Segment and Geographic Information (Tables)

12 Months Ended

Apr. 24, 2020

Income From Operations Before Income Taxes by Reportable Segment and Reconciliation to Consolidated

Segment Operating Profit


	Fiscal Year
(in millions)	2020		2019		2018
Cardiac and Vascular Group	$	3,719	$	4,532	$	4,461
Minimally Invasive Therapies Group	3,044		3,262		3,346
Restorative Therapies Group	2,915		3,319		3,058
Diabetes Group	546		739		634
Segment operating profit	10,224		11,852		11,499
Interest expense	(1,092)		(1,444)		(1,146)
Other non-operating income, net	356		373		170
Amortization of intangible assets	(1,756)		(1,764)		(1,823)
Corporate	(1,239)		(1,291)		(1,211)
Centralized distribution costs	(1,420)		(1,689)		(1,936)
Restructuring and associated costs	(441)		(407)		(107)
Acquisition-related items	(66)		(88)		(132)
Certain litigation charges	(313)		(166)		(61)
IPR&D charges	(25)		(58)		(46)
Exit of businesses	(52)		(149)		—
Debt tender premium and other charges	7		28		—
Divestiture-related items	—		—		(115)
Medical device regulations	(48)		—		—
Contribution to Medtronic Foundation	(80)		—		(80)
Gain on sale of businesses	—		—		697
Hurricane Maria	—		—		(34)

Income before income taxes	$	4,055	$	5,197	$	5,675

Reconciliation of Assets and Depreciation Expense from Segments to Consolidated

Total Assets and Depreciation Expense


	Total Assets						Depreciation Expense
(in millions)	April 24, 2020		April 26, 2019		2020		2019		2018
Cardiac and Vascular Group	$	14,844	$	15,453	$	210	$	194	$	183
Minimally Invasive Therapies Group	39,666		41,186		194		206		217
Restorative Therapies Group	16,850		16,825		233		217		146
Diabetes Group	3,165		3,095		38		34		29
Segments	74,525		76,559		675		651		575
Corporate	16,164		13,135		232		244		246
Total	$	90,689	$	89,694	$	907	$	895	$	821

Schedule of Net Sales to External Customers and Property, Plant, and Equipment, Net, by Geographical Region

The following table presents net sales for fiscal years 2020, 2019, and 2018, and property, plant, and equipment, net at April 24, 2020 and April 26, 2019 for the Company's country of domicile, countries with significant concentrations, and all other countries:


	Net sales										Property, plant, and equipment, net
(in millions)	2020		2019		2018		April 24, 2020		April 26, 2019
Ireland	$	85	$	91	$	85	$	164	$	156

United States	14,919		16,194		15,875		3,459		3,122
Rest of world	13,909		14,272		13,993		1,205		1,397
Total other countries, excluding Ireland	28,828		30,466		29,868		4,664		4,519
Total	$	28,913	$	30,557	$	29,953	$	4,828	$	4,675