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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Apr. 26, 2024
Apr. 28, 2023
Apr. 29, 2022
Income Statement [Abstract]      
Net sales $ 32,364 $ 31,227 $ 31,686
Costs and expenses:      
Cost of products sold, excluding amortization of intangible assets 11,216 10,719 10,145
Research and development expense 2,735 2,696 2,746
Selling, general, and administrative expense 10,736 10,415 10,292
Amortization of intangible assets 1,693 1,698 1,733
Restructuring charges, net 226 375 60
Certain litigation charges, net 149 (30) 95
Other operating expense (income), net 464 (131) 862
Operating profit 5,144 5,485 5,752
Other non-operating income, net (412) (515) (318)
Interest expense, net 719 636 553
Income before income taxes 4,837 5,364 5,517
Income tax provision 1,133 1,580 456
Net income 3,705 3,784 5,062
Net income attributable to noncontrolling interests (28) (26) (22)
Net income attributable to Medtronic $ 3,676 $ 3,758 $ 5,039
Basic earnings per share (in dollars per share) $ 2.77 $ 2.83 $ 3.75
Diluted earnings per share (in dollars per share) $ 2.76 $ 2.82 $ 3.73
Basic weighted average shares outstanding (in shares) 1,327.7 1,329.8 1,342.4
Diluted weighted average shares outstanding (in shares) 1,330.2 1,332.8 1,351.4