Acquisitions and Acquisition-Related Items (Tables)

12 Months Ended

Apr. 27, 2012

Business Acquisition

Fair Value Inputs, Liabilities, Quantitative Information

($ in millions)	Fair Value at April 27, 2012	Valuation Technique	Unobservable Input	Range
Revenue-based payments	$226	Discounted cash flow	Discount rate Probability of payment Projected fiscal year of payment	13% - 24% 25% -100% 2013 - 2019
Product development-based payments	$5	Discounted cash flow	Discount rate Probability of payment Projected fiscal year of payment	5.9% 100% 2013

Reconciliation of Beginning and Ending Balances of Contingent Milestone Payments Associated with Acquisitions

	Fiscal Year
(in millions)	2012		2011
Beginning Balance	$	325	$	118
Purchase price contingent consideration		2		193
Contingent milestone payments		(141)		-
Change in fair value of contingent consideration		45		14
Ending Balance	$	231	$	325

Salient

Business Acquisition

Schedule of Purchase Price Allocation

(in millions)
Current assets	$	20
Property, plant, and equipment		11
IPR&D		44
Other intangible assets		154
Goodwill		348
Other assets		1
Total assets acquired		578
Current liabilities		43
Long-term deferred tax liabilities, net		38
Total liabilities assumed		81
Net assets acquired	$	497

PEAK

Business Acquisition

Schedule of Purchase Price Allocation

(in millions)
Current assets	$	5
Property, plant, and equipment		5
Other intangible assets		74
Goodwill		56
Total assets acquired		140
Current liabilities		10
Long-term deferred tax liabilities, net		17
Total liabilities assumed		27
Net assets acquired	$	113

Ardian

Business Acquisition

Schedule of Purchase Price Allocation

(in millions)
Current assets	$	12
Property, plant, and equipment		1
IPR&D		191
Other intangible assets		55
Goodwill		807
Total assets acquired		1,066
Current liabilities		10
Long-term deferred tax liabilities, net		36
Total liabilities assumed		46
Net assets acquired	$	1,020

Ostotech

Business Acquisition

Schedule of Purchase Price Allocation

(in millions)
Current assets	$	34
Property, plant, and equipment		21
IPR&D		1
Other intangible assets		46
Goodwill		19
Inventory		41
Other long-term assets		3
Total assets acquired		165
Current liabilities		19
Other long-term liabilities		15
Long-term deferred tax liabilities, net		8
Total liabilities assumed		42
Net assets acquired	$	123

ATS Medical

Business Acquisition

Schedule of Purchase Price Allocation

(in millions)
Current assets	$	51
Property, plant, and equipment		7
IPR&D		6
Other intangible assets		101
Goodwill		209
Long-term deferred tax assets, net		34
Total assets acquired		408
Current liabilities		14
Total liabilities assumed		14
Net assets acquired	$	394

Invatec, Fogazzi and Krauth Cardiovascular

Business Acquisition

Schedule of Purchase Price Allocation

(in millions)
Current assets	$	77
Property, plant, and equipment		32
IPR&D		114
Other intangible assets		228
Goodwill		161
Other assets		1
Total assets acquired		613
Current liabilities		46
Long-term deferred tax liabilities, net		99
Total liabilities assumed		145
Net assets acquired	$	468