10-Q Filing

MEDTRONIC PLC CIK: 1613103 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001613103-17-000047`
Period End Date	20171031
Filing Date	20171204
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	mdt-20171027.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 104 Cash Flow Statement 82 Comprehensive Income 36

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$155.00M	USD	Point-in-time
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$168.00M	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`	$2.88B	USD	Point-in-time
Ordinary shares authorized (in shares)	`CommonStockSharesAuthorized`	2.60B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.95B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.53B	USD	Point-in-time
Ordinary shares authorized (in shares)	`CommonStockSharesAuthorized`	2.60B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.97B	USD	Point-in-time
Investments	`ShortTermInvestments`	$8.74B	USD	Point-in-time
Ordinary shares issued (in shares)	`CommonStockSharesIssued`	1.35B	shares	Point-in-time
Investments	`ShortTermInvestments`	$8.00B	USD	Point-in-time
Ordinary shares issued (in shares)	`CommonStockSharesIssued`	1.37B	shares	Point-in-time
Accounts receivable, less allowances of $168 and $155, respectively	`AccountsReceivableNetCurrent`	$5.59B	USD	Point-in-time
Ordinary shares outstanding (in shares)	`CommonStockSharesOutstanding`	1.37B	shares	Point-in-time
Ordinary shares outstanding (in shares)	`CommonStockSharesOutstanding`	1.35B	shares	Point-in-time
Accounts receivable, less allowances of $168 and $155, respectively	`AccountsReceivableNetCurrent`	$5.75B	USD	Point-in-time
Inventories, net	`InventoryNet`	$3.64B	USD	Point-in-time
Inventories, net	`InventoryNet`	$3.34B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.86B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.25B	USD	Point-in-time
Current assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$371.00M	USD	Point-in-time
Current assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$25.16B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$24.87B	USD	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$9.69B	USD	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$10.12B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$5.67B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$5.33B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$4.36B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$4.44B	USD	Point-in-time
Goodwill	`Goodwill`	$38.52B	USD	Point-in-time
Goodwill	`Goodwill`	$39.08B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$23.41B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$22.62B	USD	Point-in-time
Tax assets	`DeferredIncomeTaxAssetsNet`	$1.75B	USD	Point-in-time
Tax assets	`DeferredIncomeTaxAssetsNet`	$1.51B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.23B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.40B	USD	Point-in-time
Noncurrent assets held for sale	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	-	USD	Point-in-time
Noncurrent assets held for sale	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	$5.92B	USD	Point-in-time
Total assets	`Assets`	$99.82B	USD	Point-in-time
Total assets	`Assets`	$94.46B	USD	Point-in-time
Current debt obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$7.52B	USD	Point-in-time
Current debt obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.13B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.72B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.73B	USD	Point-in-time
Accrued compensation	`DeferredCompensationLiabilityCurrent`	$1.86B	USD	Point-in-time
Accrued compensation	`DeferredCompensationLiabilityCurrent`	$1.50B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$872.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$633.00M	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$3.27B	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$2.44B	USD	Point-in-time
Current liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$34.00M	USD	Point-in-time
Current liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$14.22B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.50B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$25.94B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$25.92B	USD	Point-in-time
Accrued compensation and retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.64B	USD	Point-in-time
Accrued compensation and retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.48B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$2.40B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$2.19B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$2.98B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.84B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$933.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.51B	USD	Point-in-time
Noncurrent liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	-	USD	Point-in-time
Noncurrent liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$720.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$42.88B	USD	Point-in-time
Total liabilities	`Liabilities`	$49.40B	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, 2.6 billion shares authorized, 1,353,591,988 and 1,369,424,818 shares issued and outstanding, respectively	`CommonStockValue`	-	USD	Point-in-time
Ordinary shares par value $0.0001, 2.6 billion shares authorized, 1,353,591,988 and 1,369,424,818 shares issued and outstanding, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.55B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$23.36B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$25.44B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.06B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.61B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$50.29B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$51.47B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$122.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$109.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.29B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.06B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.58B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.42B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$94.46B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$99.82B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$14.51B	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$14.44B	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$7.05B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$7.34B	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$4.47B	USD	2 Qtrs
Cost of products sold	`CostOfGoodsAndServicesSold`	$4.59B	USD	2 Qtrs
Cost of products sold	`CostOfGoodsAndServicesSold`	$2.12B	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$2.33B	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$554.00M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$1.10B	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$1.11B	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$555.00M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.42B	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.44B	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$4.84B	USD	2 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$4.92B	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$460.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$500.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$914.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$987.00M	USD	2 Qtrs
Restructuring charges, net	`RestructuringChargesNetofRestructuringReversals`	$16.00M	USD	2 Qtrs
Restructuring charges, net	`RestructuringChargesNetofRestructuringReversals`	$47.00M	USD	1 Quarter
Restructuring charges, net	`RestructuringChargesNetofRestructuringReversals`	$8.00M	USD	1 Quarter
Restructuring charges, net	`RestructuringChargesNetofRestructuringReversals`	$141.00M	USD	2 Qtrs
Acquisition-related items	`BusinessCombinationAcquisitionRelatedCosts`	$80.00M	USD	2 Qtrs
Acquisition-related items	`BusinessCombinationAcquisitionRelatedCosts`	$28.00M	USD	1 Quarter
Acquisition-related items	`BusinessCombinationAcquisitionRelatedCosts`	$51.00M	USD	2 Qtrs
Acquisition-related items	`BusinessCombinationAcquisitionRelatedCosts`	$7.00M	USD	1 Quarter
Certain litigation charges	`LossContingencyAccrualProvision`	$82.00M	USD	2 Qtrs
Certain litigation charges	`LossContingencyAccrualProvision`	-	USD	1 Quarter
Certain litigation charges	`LossContingencyAccrualProvision`	-	USD	1 Quarter
Certain litigation charges	`LossContingencyAccrualProvision`	-	USD	2 Qtrs
Divestiture-related items	`DispositionofBusinessRelatedExpenses`	-	USD	2 Qtrs
Divestiture-related items	`DispositionofBusinessRelatedExpenses`	-	USD	1 Quarter
Divestiture-related items	`DispositionofBusinessRelatedExpenses`	$67.00M	USD	1 Quarter
Divestiture-related items	`DispositionofBusinessRelatedExpenses`	$114.00M	USD	2 Qtrs
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	$697.00M	USD	2 Qtrs
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	$697.00M	USD	1 Quarter
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Special charge	`SpecialChargesGains`	-	USD	1 Quarter
Special charge	`SpecialChargesGains`	$80.00M	USD	1 Quarter
Special charge	`SpecialChargesGains`	$80.00M	USD	2 Qtrs
Special charge	`SpecialChargesGains`	-	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-111.00M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-177.00M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-128.00M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-89.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$3.29B	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$2.55B	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$1.90B	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$1.39B	USD	1 Quarter
Interest income	`InterestIncomeOther`	$100.00M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$184.00M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$91.00M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$192.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$536.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$559.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$264.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$273.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-173.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-352.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-173.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-367.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.20B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.21B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.73B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.92B	USD	2 Qtrs
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$160.00M	USD	2 Qtrs
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-285.00M	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-99.00M	USD	2 Qtrs
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$101.00M	USD	1 Quarter
Net income	`ProfitLoss`	$3.02B	USD	2 Qtrs
Net income	`ProfitLoss`	$2.04B	USD	2 Qtrs
Net income	`ProfitLoss`	$1.11B	USD	1 Quarter
Net income	`ProfitLoss`	$2.01B	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.00M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.00M	USD	2 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-11.00M	USD	2 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.00M	USD	1 Quarter
Net income attributable to Medtronic	`NetIncomeLoss`	$3.03B	USD	2 Qtrs
Net income attributable to Medtronic	`NetIncomeLoss`	$2.02B	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`	$2.23	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
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$1.49	USD	1 Quarter
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$0.80	USD	1 Quarter
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$1.48	USD	1 Quarter
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$1.46	USD	2 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$2.21	USD	2 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.36B	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.38B	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.36B	shares	2 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.39B	shares	2 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.37B	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.39B	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.37B	shares	2 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.40B	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`	$0.92	USD	2 Qtrs
Cash dividends declared per ordinary share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.46	USD	1 Quarter
Cash dividends declared per ordinary share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.86	USD	2 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$3.02B	USD	2 Qtrs
Net income	`ProfitLoss`	$2.04B	USD	2 Qtrs
Net income	`ProfitLoss`	$1.11B	USD	1 Quarter
Net income	`ProfitLoss`	$2.01B	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.31B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.47B	USD	2 Qtrs
Amortization of debt premium, discount, and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$-20.00M	USD	2 Qtrs
Amortization of debt premium, discount, and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$14.00M	USD	2 Qtrs
Acquisition-related items	`NoncashAcquisitionRelatedIncomeExpense`	$-47.00M	USD	2 Qtrs
Acquisition-related items	`NoncashAcquisitionRelatedIncomeExpense`	$-25.00M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$20.00M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$18.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-830.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-50.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$190.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$198.00M	USD	2 Qtrs
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	$697.00M	USD	1 Quarter
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	$697.00M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$105.00M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-4.00M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndNotesReceivable`	$89.00M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndNotesReceivable`	$68.00M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$273.00M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$187.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-307.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-306.00M	USD	2 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-75.00M	USD	2 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$694.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.64B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.02B	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$76.00M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.31B	USD	2 Qtrs
Proceeds from sale of businesses	`ProceedsFromDivestitureOfBusinesses`	-	USD	2 Qtrs
Proceeds from sale of businesses	`ProceedsFromDivestitureOfBusinesses`	$6.06B	USD	2 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$524.00M	USD	2 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$598.00M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$2.11B	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$1.69B	USD	2 Qtrs
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$3.62B	USD	2 Qtrs
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$2.35B	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-32.00M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$6.12B	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-357.00M	USD	2 Qtrs
Acquisition-related contingent consideration	`BusinessAcquisitionContingentConsiderationCashPayment`	$39.00M	USD	2 Qtrs
Acquisition-related contingent consideration	`BusinessAcquisitionContingentConsiderationCashPayment`	$36.00M	USD	2 Qtrs
Change in current debt obligations, net	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-190.00M	USD	2 Qtrs
Change in current debt obligations, net	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$1.15B	USD	2 Qtrs
Proceeds from short-term borrowings (maturities greater than 90 days)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	-	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`	$20.00M	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$4.16B	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$252.00M	USD	2 Qtrs
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$1.19B	USD	2 Qtrs
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$1.25B	USD	2 Qtrs
Issuance of ordinary shares	`ProceedsFromIssuanceOrSaleOfEquity`	$260.00M	USD	2 Qtrs
Issuance of ordinary shares	`ProceedsFromIssuanceOrSaleOfEquity`	$230.00M	USD	2 Qtrs
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$2.79B	USD	2 Qtrs
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$1.89B	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$74.00M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.65B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.28B	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$64.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$70.00M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$562.00M	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`	$4.97B	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`	$5.53B	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`	$5.53B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.97B	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
Income taxes	`IncomeTaxesPaidNet`	$674.00M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$258.00M	USD	2 Qtrs
Interest	`InterestPaid`	$559.00M	USD	2 Qtrs
Interest	`InterestPaid`	$587.00M	USD	2 Qtrs

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$3.02B	USD	2 Qtrs
Net income	`ProfitLoss`	$2.04B	USD	2 Qtrs
Net income	`ProfitLoss`	$1.11B	USD	1 Quarter
Net income	`ProfitLoss`	$2.01B	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-40.00M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$25.00M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$55.00M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$75.00M	USD	2 Qtrs
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$628.00M	USD	2 Qtrs
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-336.00M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-203.00M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-686.00M	USD	2 Qtrs
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-14.00M	USD	2 Qtrs
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-15.00M	USD	1 Quarter
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-44.00M	USD	2 Qtrs
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-19.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$107.00M	USD	2 Qtrs
Unrealized gain (loss) on derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$27.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$53.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-144.00M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-460.00M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-136.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-304.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$553.00M	USD	2 Qtrs
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$807.00M	USD	1 Quarter
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.88B	USD	1 Quarter
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	2 Qtrs
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.58B	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-4.00M	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-4.00M	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-4.00M	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-11.00M	USD	2 Qtrs
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$811.00M	USD	1 Quarter
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$1.58B	USD	2 Qtrs
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$3.59B	USD	2 Qtrs
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$1.88B	USD	1 Quarter

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