10-Q Filing

MEDTRONIC PLC CIK: 1613103 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001613103-16-000123`
Period End Date	20161031
Filing Date	20161205
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	mdt-20161028.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 92 Cash Flow Statement 82 Comprehensive Income 48

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$162.00M	USD	Point-in-time
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$161.00M	USD	Point-in-time
Ordinary shares, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Ordinary shares, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.84B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.38B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.88B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.95B	USD	Point-in-time
Investments	`ShortTermInvestments`	$8.30B	USD	Point-in-time
Investments	`ShortTermInvestments`	$9.76B	USD	Point-in-time
Accounts receivable, less allowances of $162 and $161, respectively	`AccountsReceivableNetCurrent`	$5.66B	USD	Point-in-time
Accounts receivable, less allowances of $162 and $161, respectively	`AccountsReceivableNetCurrent`	$5.56B	USD	Point-in-time
Inventories	`InventoryNet`	$3.47B	USD	Point-in-time
Inventories	`InventoryNet`	$3.72B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.89B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.93B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.53B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$23.60B	USD	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$10.20B	USD	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$9.71B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$4.87B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$5.31B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$4.89B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$4.84B	USD	Point-in-time
Goodwill	`Goodwill`	$41.71B	USD	Point-in-time
Goodwill	`Goodwill`	$41.50B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$26.90B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$26.74B	USD	Point-in-time
Tax assets	`DeferredTaxAssetsNetNoncurrent`	$1.25B	USD	Point-in-time
Tax assets	`DeferredTaxAssetsNetNoncurrent`	$1.38B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.42B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.29B	USD	Point-in-time
Total assets	`Assets`	$98.41B	USD	Point-in-time
Total assets	`Assets`	$99.64B	USD	Point-in-time
Current debt obligations	`DebtCurrent`	$993.00M	USD	Point-in-time
Current debt obligations	`DebtCurrent`	$3.37B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.71B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.66B	USD	Point-in-time
Accrued compensation	`DeferredCompensationLiabilityCurrent`	$1.48B	USD	Point-in-time
Accrued compensation	`DeferredCompensationLiabilityCurrent`	$1.71B	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$2.75B	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$3.10B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.17B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.60B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$29.01B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$30.11B	USD	Point-in-time
Accrued compensation and retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.76B	USD	Point-in-time
Accrued compensation and retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.77B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$2.38B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$2.90B	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$3.75B	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$3.73B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.60B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.92B	USD	Point-in-time
Total liabilities	`Liabilities`	$48.11B	USD	Point-in-time
Total liabilities	`Liabilities`	$47.58B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary shares par value $0.0001	`CommonStockValue`	-	USD	Point-in-time
Ordinary shares par value $0.0001	`CommonStockValue`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$53.93B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$52.51B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.87B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.33B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$50.19B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$52.06B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$107.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	-	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.29B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.06B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$98.41B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$99.64B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$14.51B	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$7.06B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$14.33B	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$7.34B	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$4.64B	USD	2 Qtrs
Cost of products sold	`CostOfGoodsAndServicesSold`	$2.33B	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$4.59B	USD	2 Qtrs
Cost of products sold	`CostOfGoodsAndServicesSold`	$2.18B	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$1.10B	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$545.00M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$1.11B	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$554.00M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$4.79B	USD	2 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$4.84B	USD	2 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.34B	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.42B	USD	1 Quarter
Restructuring charges, net	`RestructuringChargesNetofRestructuringReversals`	$140.00M	USD	2 Qtrs
Restructuring charges, net	`RestructuringChargesNetofRestructuringReversals`	$73.00M	USD	1 Quarter
Restructuring charges, net	`RestructuringChargesNetofRestructuringReversals`	$47.00M	USD	1 Quarter
Restructuring charges, net	`RestructuringChargesNetofRestructuringReversals`	$141.00M	USD	2 Qtrs
Certain litigation charges	`LossContingencyAccrualProvision`	-	USD	1 Quarter
Certain litigation charges	`LossContingencyAccrualProvision`	$26.00M	USD	2 Qtrs
Certain litigation charges	`LossContingencyAccrualProvision`	$26.00M	USD	1 Quarter
Certain litigation charges	`LossContingencyAccrualProvision`	$82.00M	USD	2 Qtrs
Acquisition-related items	`AcquisitionRelatedGainsCharges`	$120.00M	USD	2 Qtrs
Acquisition-related items	`AcquisitionRelatedGainsCharges`	$28.00M	USD	1 Quarter
Acquisition-related items	`AcquisitionRelatedGainsCharges`	$80.00M	USD	2 Qtrs
Acquisition-related items	`AcquisitionRelatedGainsCharges`	$49.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$500.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$483.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$987.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$964.00M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-89.00M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-128.00M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-118.00M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-57.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$1.30B	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$2.55B	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$1.39B	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$2.43B	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$222.00M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$184.00M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$107.00M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$91.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$536.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$630.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$264.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$324.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-217.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-408.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-352.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-173.00M	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.08B	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.21B	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.20B	USD	2 Qtrs
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.02B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$160.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$683.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$101.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$563.00M	USD	1 Quarter
Net income	`ProfitLoss`	$2.04B	USD	2 Qtrs
Net income	`ProfitLoss`	$1.34B	USD	2 Qtrs
Net income	`ProfitLoss`	$1.11B	USD	1 Quarter
Net income	`ProfitLoss`	$520.00M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.00M	USD	2 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.00M	USD	1 Quarter
Net income attributable to Medtronic	`NetIncomeLoss`	$1.34B	USD	2 Qtrs
Net income attributable to Medtronic	`NetIncomeLoss`	$520.00M	USD	1 Quarter
Net income attributable to Medtronic	`NetIncomeLoss`	$1.11B	USD	1 Quarter
Net income attributable to Medtronic	`NetIncomeLoss`	$2.04B	USD	2 Qtrs
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$0.37	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$0.95	USD	2 Qtrs
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$0.81	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$1.47	USD	2 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$0.94	USD	2 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$0.80	USD	1 Quarter
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$1.46	USD	2 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$0.36	USD	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.41B	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.39B	shares	2 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.42B	shares	2 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.38B	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.40B	shares	2 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.43B	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.39B	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.43B	shares	2 Qtrs
Cash dividends declared per ordinary share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.43	USD	1 Quarter
Cash dividends declared per ordinary share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.38	USD	1 Quarter
Cash dividends declared per ordinary share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.86	USD	2 Qtrs
Cash dividends declared per ordinary share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.76	USD	2 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.04B	USD	2 Qtrs
Net income	`ProfitLoss`	$1.34B	USD	2 Qtrs
Net income	`ProfitLoss`	$1.11B	USD	1 Quarter
Net income	`ProfitLoss`	$520.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.47B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.40B	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$15.00M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$14.00M	USD	2 Qtrs
Acquisition-related items	`NoncashAcquisitionRelatedGainsCharges`	$-47.00M	USD	2 Qtrs
Acquisition-related items	`NoncashAcquisitionRelatedGainsCharges`	$222.00M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$18.00M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$30.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-50.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-274.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$190.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$209.00M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$85.00M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$105.00M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndNotesReceivable`	$89.00M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndNotesReceivable`	$1.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$187.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$326.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-271.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-369.00M	USD	2 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-73.00M	USD	2 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-75.00M	USD	2 Qtrs
Certain litigation charges	`LossContingencyAccrualProvision`	$26.00M	USD	1 Quarter
Certain litigation charges	`LossContingencyAccrualProvision`	$82.00M	USD	2 Qtrs
Certain litigation charges	`LossContingencyAccrualProvision`	$26.00M	USD	2 Qtrs
Certain litigation charges	`LossContingencyAccrualProvision`	-	USD	1 Quarter
Certain litigation payments	`PaymentsForLegalSettlements`	$117.00M	USD	2 Qtrs
Certain litigation payments	`PaymentsForLegalSettlements`	$162.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.10B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.02B	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$997.00M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.31B	USD	2 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$598.00M	USD	2 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$446.00M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$3.37B	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$2.11B	USD	2 Qtrs
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$3.62B	USD	2 Qtrs
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$2.75B	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$13.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-32.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.07B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-357.00M	USD	2 Qtrs
Acquisition-related contingent consideration	`BusinessAcquisitionContingentConsiderationCashPayment`	$36.00M	USD	2 Qtrs
Acquisition-related contingent consideration	`BusinessAcquisitionContingentConsiderationCashPayment`	$19.00M	USD	2 Qtrs
Change in current debt obligations, net	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$1.15B	USD	2 Qtrs
Change in current debt obligations, net	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$1.28B	USD	2 Qtrs
Proceeds from short-term borrowings (maturities greater than 90 days)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$48.00M	USD	2 Qtrs
Proceeds from short-term borrowings (maturities greater than 90 days)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$4.00M	USD	2 Qtrs
Issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$131.00M	USD	2 Qtrs
Issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$252.00M	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$1.61B	USD	2 Qtrs
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$1.19B	USD	2 Qtrs
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$1.07B	USD	2 Qtrs
Issuance of ordinary shares	`ProceedsFromIssuanceOrSaleOfEquity`	$260.00M	USD	2 Qtrs
Issuance of ordinary shares	`ProceedsFromIssuanceOrSaleOfEquity`	$263.00M	USD	2 Qtrs
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$1.46B	USD	2 Qtrs
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$2.79B	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$74.00M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$49.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.65B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.52B	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$39.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$64.00M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.46B	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$78.00M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.38B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.95B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.84B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.88B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.84B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.38B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.88B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.95B	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$1.02B	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$258.00M	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$652.00M	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$559.00M	USD	2 Qtrs

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.04B	USD	2 Qtrs
Net income	`ProfitLoss`	$1.34B	USD	2 Qtrs
Net income	`ProfitLoss`	$1.11B	USD	1 Quarter
Net income	`ProfitLoss`	$520.00M	USD	1 Quarter
Unrealized (loss) gain on available-for-sale securities, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-41.00M	USD	1 Quarter
Unrealized (loss) gain on available-for-sale securities, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-115.00M	USD	2 Qtrs
Unrealized (loss) gain on available-for-sale securities, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$37.00M	USD	2 Qtrs
Unrealized (loss) gain on available-for-sale securities, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-15.00M	USD	1 Quarter
Net change in retirement obligations, tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-10.00M	USD	1 Quarter
Net change in retirement obligations, tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-10.00M	USD	2 Qtrs
Net change in retirement obligations, tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-8.00M	USD	1 Quarter
Net change in retirement obligations, tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-20.00M	USD	2 Qtrs
Unrealized (loss) gain on available-for-sale securities, net of tax (benefit) expense of $(15), $(41), $37, and $(115) respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-207.00M	USD	2 Qtrs
Unrealized (loss) gain on available-for-sale securities, net of tax (benefit) expense of $(15), $(41), $37, and $(115) respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-76.00M	USD	1 Quarter
Unrealized (loss) gain on available-for-sale securities, net of tax (benefit) expense of $(15), $(41), $37, and $(115) respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-40.00M	USD	1 Quarter
Unrealized (loss) gain on available-for-sale securities, net of tax (benefit) expense of $(15), $(41), $37, and $(115) respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$75.00M	USD	2 Qtrs
Unrealized gain (loss) on derivatives, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-13.00M	USD	1 Quarter
Currency adjustment, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-336.00M	USD	1 Quarter
Currency adjustment, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-59.00M	USD	2 Qtrs
Unrealized gain (loss) on derivatives, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$28.00M	USD	1 Quarter
Currency adjustment, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-33.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$58.00M	USD	2 Qtrs
Currency adjustment, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-686.00M	USD	2 Qtrs
Unrealized gain (loss) on derivatives, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-33.00M	USD	2 Qtrs
Net change in retirement obligations, net of tax expense of $8, $10, $10, and $20, respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-19.00M	USD	1 Quarter
Net change in retirement obligations, net of tax expense of $8, $10, $10, and $20, respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-22.00M	USD	1 Quarter
Net change in retirement obligations, net of tax expense of $8, $10, $10, and $20, respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-44.00M	USD	2 Qtrs
Net change in retirement obligations, net of tax expense of $8, $10, $10, and $20, respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-35.00M	USD	2 Qtrs
Unrealized gain (loss) on derivatives, net of tax expense (benefit) of $28, $(13), $58 and $(33), respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-56.00M	USD	2 Qtrs
Unrealized gain (loss) on derivatives, net of tax expense (benefit) of $28, $(13), $58 and $(33), respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$53.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives, net of tax expense (benefit) of $28, $(13), $58 and $(33), respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-28.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives, net of tax expense (benefit) of $28, $(13), $58 and $(33), respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$107.00M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-287.00M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-304.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-460.00M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-115.00M	USD	1 Quarter
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	2 Qtrs
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$405.00M	USD	1 Quarter
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$807.00M	USD	1 Quarter
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-4.00M	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-4.00M	USD	1 Quarter
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$811.00M	USD	1 Quarter
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$1.05B	USD	2 Qtrs
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$1.58B	USD	2 Qtrs
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$405.00M	USD	1 Quarter

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