Derivatives and Foreign Exchange Risk Management (Tables)

9 Months Ended

Jan. 27, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Amount of gains/(losses) and location of the gains/(losses) in the condensed consolidated statements of earnings related to derivative instruments not designated as hedging instruments

(in millions)		Three months ended
Derivatives Not Designated as Hedging Instruments	Location	January 27, 2012		January 28, 2011
Foreign currency exchange rate contracts	Other expense	$	46	$	(12)
(in millions)		Nine months ended
Derivatives Not Designated as Hedging Instruments	Location	January 27, 2012		January 28, 2011
Foreign currency exchange rate contracts	Other expense	$	66	$	(33)

Amount of gains/(losses) and location of the gains/(losses) in the condensed consolidated statements of earnings and other comprehensive income related to derivative instruments designated as cash flow hedges

Three months ended
January 27, 2012
(in millions)	Gross Gains/(Losses) Recognized in OCI on Effective Portion of Derivative		Effective Portion of Gains/(Losses) on Derivative Reclassified from Accumulated Other Comprehensive Loss into Income
Derivatives in Cash Flow Hedging Relationships		Amount	Location		Amount
Foreign currency exchange rate contracts	$	201	Other expense	$	(24)
			Cost of products sold		(1)
Total	$	201		$	(25)
Three months ended
January 28, 2011
(in millions)	Gross Gains/(Losses) Recognized in OCI on Effective Portion of Derivative		Effective Portion of Gains/(Losses) on Derivative Reclassified from Accumulated Other Comprehensive Loss into Income
Derivatives in Cash Flow Hedging Relationships		Amount	Location		Amount
Foreign currency exchange rate contracts	$	9	Other income	$	1
			Cost of products sold		13
Total	$	9		$	14
Nine months ended
January 27, 2012
(in millions)	Gross Gains/(Losses) Recognized in OCI on Effective Portion of Derivative		Effective Portion of Gains/(Losses) on Derivative Reclassified from Accumulated Other Comprehensive Loss into Income
Derivatives in Cash Flow Hedging Relationships		Amount	Location		Amount
Foreign currency exchange rate contracts	$	332	Other expense	$	(133)
			Cost of products sold		14
Total	$	332		$	(119)
Nine months ended
January 28, 2011
(in millions)	Gross Gains/(Losses) Recognized in OCI on Effective Portion of Derivative		Effective Portion of Gains/(Losses) on Derivative Reclassified from Accumulated Other Comprehensive Loss into Income
Derivatives in Cash Flow Hedging Relationships		Amount	Location		Amount
Foreign currency exchange rate contracts	$	(327)	Other income	$	71
			Cost of products sold		18
Total	$	(327)		$	89

Location and fair value amounts of derivatives instruments reported in the condensed consolidated balance sheets

January 27, 2012
	Asset Derivatives			Liability Derivatives
(in millions)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Foreign currency exchange rate contracts	Prepaid expenses and other current assets	$	104	Other accrued expenses	$	58
Interest rate contracts	Other assets		164	Other long-term liabilities		43
Foreign currency exchange rate contracts	Other assets		23	Other long-term liabilities		12
Total derivatives designated as hedging instruments		$	291		$	113
Derivatives not designated as hedging instruments
Foreign currency exchange rate contracts	Prepaid expenses and other current assets	$	2	Other accrued expenses	$	1
Total derivatives not designated as hedging instruments		$	2		$	1
Total derivatives		$	293		$	114
April 29, 2011
	Asset Derivatives			Liability Derivatives
(in millions)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Foreign currency exchange rate contracts	Prepaid expenses and other current assets	$	19	Other accrued expenses	$	235
Interest rate contracts	Other assets		109
Foreign currency exchange rate contracts	Other assets		1	Other long-term liabilities		64
Total derivatives designated as hedging instruments		$	129		$	299
Derivatives not designated as hedging instruments
Foreign currency exchange rate contracts	Prepaid expenses and other current assets	$	1	Other accrued expenses	$	4
Total derivatives not designated as hedging instruments		$	1		$	4
Total derivatives		$	130		$	303