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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions
3 Months Ended 6 Months Ended
Oct. 28, 2022
Oct. 29, 2021
Oct. 28, 2022
Oct. 29, 2021
Income Statement [Abstract]        
Net sales $ 7,585,000,000 $ 7,847,000,000 $ 14,955,000,000 $ 15,835,000,000
Costs and expenses:        
Cost of products sold, excluding amortization of intangible assets 2,535,000,000 2,497,000,000 5,051,000,000 5,095,000,000
Research and development expense 676,000,000 676,000,000 1,368,000,000 1,426,000,000
Selling, general, and administrative expense 2,617,000,000 2,615,000,000 5,184,000,000 5,163,000,000
Amortization of intangible assets 421,000,000 431,000,000 844,000,000 866,000,000
Restructuring charges, net 30,000,000 10,000,000 44,000,000 21,000,000
Certain litigation charges, net 0 34,000,000 0 60,000,000
Other operating (income) expense, net (97,000,000) 21,000,000 (62,000,000) 781,000,000
Operating profit 1,404,000,000 1,563,000,000 2,528,000,000 2,422,000,000
Other non-operating income, net (109,000,000) (66,000,000) (192,000,000) (177,000,000)
Interest expense 118,000,000 136,000,000 282,000,000 273,000,000
Income before income taxes 1,395,000,000 1,493,000,000 2,438,000,000 2,326,000,000
Income tax provision 959,000,000 176,000,000 1,072,000,000 240,000,000
Net income 435,000,000 1,317,000,000 1,367,000,000 2,086,000,000
Net income attributable to noncontrolling interests (8,000,000) (6,000,000) (10,000,000) (12,000,000)
Net income attributable to Medtronic $ 427,000,000 $ 1,311,000,000 $ 1,356,000,000 $ 2,074,000,000
Basic earnings per share (usd per share) $ 0.32 $ 0.97 $ 1.02 $ 1.54
Diluted earnings per share (usd per share) $ 0.32 $ 0.97 $ 1.02 $ 1.53
Basic weighted average shares outstanding (shares) 1,329.4 1,345.1 1,329.4 1,344.8
Diluted weighted average shares outstanding (shares) 1,332.0 1,355.3 1,333.3 1,355.9