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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Apr. 29, 2022
Apr. 30, 2021
Apr. 24, 2020
Income Statement [Abstract]      
Net sales $ 31,686 $ 30,117 $ 28,913
Costs and expenses:      
Cost of products sold, excluding amortization of intangible assets 10,145 10,483 9,424
Research and development expense 2,746 2,493 2,331
Selling, general, and administrative expense 10,292 10,148 10,109
Amortization of intangible assets 1,733 1,783 1,756
Restructuring charges, net 60 293 118
Certain litigation charges 95 118 313
Other operating expense, net 862 315 71
Operating profit 5,752 4,484 4,791
Other non-operating income, net (318) (336) (356)
Interest expense 553 925 1,092
Income before income taxes 5,517 3,895 4,055
Income tax provision (benefit) 456 265 (751)
Net income 5,062 3,630 4,806
Net income attributable to noncontrolling interests (22) (24) (17)
Net income attributable to Medtronic $ 5,039 $ 3,606 $ 4,789
Basic earnings per share (in dollars per share) $ 3.75 $ 2.68 $ 3.57
Diluted earnings per share (in dollars per share) $ 3.73 $ 2.66 $ 3.54
Basic weighted average shares outstanding (in shares) 1,342.4 1,344.9 1,340.7
Diluted weighted average shares outstanding (in shares) 1,351.4 1,354.0 1,351.1