10-Q/A Filing

MEDTRONIC INC CIK: 64670 Q1 2010

Filing Information

Form Type	10-Q/A
Accession Number	`0000897101-09-001829`
Period End Date	20090731
Filing Date	20090909
Fiscal Year	2010
Fiscal Period	Q1
XBRL Instance	mdt-20090731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 34 Cash Flow Statement 70

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$61.00M	USD	Point-in-time
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$63.00M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.02B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.06B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.17B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.27B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$522.00M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$405.00M	USD	Point-in-time
Accounts receivable, less allowances of $63 and $61, respectively	`ReceivablesNetCurrent`	$3.11B	USD	Point-in-time
Accounts receivable, less allowances of $63 and $61, respectively	`ReceivablesNetCurrent`	$3.12B	USD	Point-in-time
Inventories	`InventoryNet`	$1.49B	USD	Point-in-time
Inventories	`InventoryNet`	$1.43B	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetCurrent`	$600.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetCurrent`	$605.00M	USD	Point-in-time
Prepaid expenses and other current assets	`OtherAssetsCurrent`	$622.00M	USD	Point-in-time
Prepaid expenses and other current assets	`OtherAssetsCurrent`	$535.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.45B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.28B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$5.06B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$4.89B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.72B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.61B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.28B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.33B	USD	Point-in-time
Goodwill	`Goodwill`	$8.23B	USD	Point-in-time
Goodwill	`Goodwill`	$8.20B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.48B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.41B	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$3.04B	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$2.77B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$416.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$286.00M	USD	Point-in-time
Total assets	`Assets`	$23.59B	USD	Point-in-time
Total assets	`Assets`	$23.57B	USD	Point-in-time
Short-term borrowings	`DebtCurrent`	$522.00M	USD	Point-in-time
Short-term borrowings	`DebtCurrent`	$658.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$382.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$373.00M	USD	Point-in-time
Accrued compensation	`AccruedCompensation`	$662.00M	USD	Point-in-time
Accrued compensation	`AccruedCompensation`	$901.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$130.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$123.00M	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$1.32B	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$1.21B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.15B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.13B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$6.25B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$6.31B	USD	Point-in-time
Long-term accrued compensation and retirement benefits	`LongTermAccruedCompensationAndRetirementBenefits`	$329.00M	USD	Point-in-time
Long-term accrued compensation and retirement benefits	`LongTermAccruedCompensationAndRetirementBenefits`	$351.00M	USD	Point-in-time
Long-term accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$475.00M	USD	Point-in-time
Long-term accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$485.00M	USD	Point-in-time
Long-term deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$62.00M	USD	Point-in-time
Long-term deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$115.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$93.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$87.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.43B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.41B	USD	Point-in-time
Preferred stock-par value $1.00	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock-par value $1.00	`PreferredStockValue`	-	USD	Point-in-time
Common stock-par value $0.10	`CommonStockValue`	$112.00M	USD	Point-in-time
Common stock-par value $0.10	`CommonStockValue`	$111.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.24B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.27B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-210.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-202.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$13.18B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$13.14B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$23.59B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$23.57B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$3.93B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$3.71B	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$855.00M	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$966.00M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$324.00M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$370.00M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.37B	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.32B	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$96.00M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$62.00M	USD	1 Quarter
Certain litigation charges	`CertainLitigationCharges`	-	USD	1 Quarter
Certain litigation charges	`CertainLitigationCharges`	$444.00M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-96.00M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-151.00M	USD	1 Quarter
Interest expense, net	`InterestExpenseIncomeNet`	$66.00M	USD	1 Quarter
Interest expense, net	`InterestExpenseIncomeNet`	$47.00M	USD	1 Quarter
Total costs and expenses	`TotalCostsAndExpenses`	$3.37B	USD	1 Quarter
Total costs and expenses	`TotalCostsAndExpenses`	$2.79B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$915.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$561.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$192.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$116.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$723.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$445.00M	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.64	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.64	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	1.11B	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	1.13B	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.13B	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.11B	shares	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.19	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$723.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$445.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$173.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$188.00M	USD	1 Quarter
Amortization of discount on senior convertible notes	`AmortizationOfDebtDiscountPremium`	$38.00M	USD	1 Quarter
Amortization of discount on senior convertible notes	`AmortizationOfDebtDiscountPremium`	$43.00M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$8.00M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$6.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$68.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$62.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$55.00M	USD	1 Quarter
Excess tax benefit from exercise of stock-based awards	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$11.00M	USD	1 Quarter
Excess tax benefit from exercise of stock-based awards	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$-42.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$-29.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$59.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$35.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-136.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-81.00M	USD	1 Quarter
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.00M	USD	1 Quarter
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-110.00M	USD	1 Quarter
Certain litigation charges	`CertainLitigationCharges`	-	USD	1 Quarter
Certain litigation charges	`CertainLitigationCharges`	$444.00M	USD	1 Quarter
Certain litigation payments	`CertainLitigationPaymentsReceipts`	$193.00M	USD	1 Quarter
Certain litigation payments	`CertainLitigationPaymentsReceipts`	$494.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$621.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$800.00M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$29.00M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$150.00M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$127.00M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireInvestments`	$1.10B	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireInvestments`	$1.16B	USD	1 Quarter
Sales and maturities of marketable securities	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$860.00M	USD	1 Quarter
Sales and maturities of marketable securities	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$558.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$83.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-21.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-680.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-529.00M	USD	1 Quarter
Change in short-term borrowings, net	`ProceedsFromRepaymentsOfShortTermDebt`	$148.00M	USD	1 Quarter
Change in short-term borrowings, net	`ProceedsFromRepaymentsOfShortTermDebt`	$481.00M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$300.00M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$6.00M	USD	1 Quarter
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$228.00M	USD	1 Quarter
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$211.00M	USD	1 Quarter
Issuance of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$36.00M	USD	1 Quarter
Issuance of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$198.00M	USD	1 Quarter
Excess tax benefit from exercise of stock-based awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	1 Quarter
Excess tax benefit from exercise of stock-based awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$11.00M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$175.00M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$344.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-394.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-14.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$53.00M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-249.00M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$110.00M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.27B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.17B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.02B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.06B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.27B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.17B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.02B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.06B	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaidNet`	$68.00M	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	$62.00M	USD	1 Quarter
Interest paid	`InterestPaid`	$58.00M	USD	1 Quarter
Interest paid	`InterestPaid`	$38.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.