10-Q Filing

MEDTRONIC PLC CIK: 1613103 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001613103-21-000009`
Period End Date	20210131
Filing Date	20210305
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	mdt-20210129_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 84 Cash Flow Statement 76 Stockholders Equity 66 Comprehensive Income 48

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$208.00M	USD	Point-in-time
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$277.00M	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
Ordinary shares authorized (shares)	`CommonStockSharesAuthorized`	2.60B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.14B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.08B	USD	Point-in-time
Ordinary shares authorized (shares)	`CommonStockSharesAuthorized`	2.60B	shares	Point-in-time
Investments	`ShortTermInvestments`	$6.81B	USD	Point-in-time
Investments	`ShortTermInvestments`	$9.56B	USD	Point-in-time
Ordinary shares issued (shares)	`CommonStockSharesIssued`	1.34B	shares	Point-in-time
Ordinary shares issued (shares)	`CommonStockSharesIssued`	1.35B	shares	Point-in-time
Ordinary shares outstanding (shares)	`CommonStockSharesOutstanding`	1.35B	shares	Point-in-time
Accounts receivable, less allowances and credit losses of $277 and $208, respectively	`AccountsReceivableNetCurrent`	$4.64B	USD	Point-in-time
Ordinary shares outstanding (shares)	`CommonStockSharesOutstanding`	1.34B	shares	Point-in-time
Accounts receivable, less allowances and credit losses of $277 and $208, respectively	`AccountsReceivableNetCurrent`	$5.21B	USD	Point-in-time
Inventories, net	`InventoryNet`	$4.51B	USD	Point-in-time
Inventories, net	`InventoryNet`	$4.23B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.99B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.21B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$26.35B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.03B	USD	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$11.64B	USD	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$12.40B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$6.82B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.38B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$5.02B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$4.83B	USD	Point-in-time
Goodwill	`Goodwill`	$39.84B	USD	Point-in-time
Goodwill	`Goodwill`	$42.14B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$18.24B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$19.06B	USD	Point-in-time
Tax assets	`DeferredIncomeTaxAssetsNet`	$2.83B	USD	Point-in-time
Tax assets	`DeferredIncomeTaxAssetsNet`	$3.31B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.09B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.21B	USD	Point-in-time
Total assets	`Assets`	$90.69B	USD	Point-in-time
Total assets	`Assets`	$97.27B	USD	Point-in-time
Current debt obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.78B	USD	Point-in-time
Current debt obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.82B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.82B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.00B	USD	Point-in-time
Accrued compensation	`DeferredCompensationLiabilityCurrent`	$2.50B	USD	Point-in-time
Accrued compensation	`DeferredCompensationLiabilityCurrent`	$2.10B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$502.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$403.00M	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$4.00B	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$2.99B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.37B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.53B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$26.50B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$22.02B	USD	Point-in-time
Accrued compensation and retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$2.04B	USD	Point-in-time
Accrued compensation and retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.91B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$2.26B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$2.68B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.17B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.23B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.77B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.66B	USD	Point-in-time
Total liabilities	`Liabilities`	$39.82B	USD	Point-in-time
Total liabilities	`Liabilities`	$46.34B	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary shares par value $0.0001, 2.6 billion shares authorized, 1,347,470,889 and 1,341,074,724 shares issued and outstanding, respectively	`CommonStockValue`	-	USD	Point-in-time
Ordinary shares par value $0.0001, 2.6 billion shares authorized, 1,347,470,889 and 1,341,074,724 shares issued and outstanding, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$26.66B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$26.16B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$28.13B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$28.02B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.92B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.56B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$50.74B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$50.76B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$135.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$170.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.95B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.32B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.87B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.21B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.93B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.72B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.44B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$97.27B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$90.69B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.72B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.78B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$21.93B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$22.92B	USD	3 Qtrs
Cost of products sold	`CostOfGoodsAndServicesSold`	$7.83B	USD	3 Qtrs
Cost of products sold	`CostOfGoodsAndServicesSold`	$2.40B	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$7.16B	USD	3 Qtrs
Cost of products sold	`CostOfGoodsAndServicesSold`	$2.62B	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$1.76B	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$601.00M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$1.86B	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$573.00M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$7.55B	USD	3 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$7.75B	USD	3 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.54B	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.59B	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.34B	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$453.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$436.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.32B	USD	3 Qtrs
Restructuring charges, net	`RestructuringChargesNetofRestructuringReversals`	$87.00M	USD	3 Qtrs
Restructuring charges, net	`RestructuringChargesNetofRestructuringReversals`	$235.00M	USD	3 Qtrs
Restructuring charges, net	`RestructuringChargesNetofRestructuringReversals`	$83.00M	USD	1 Quarter
Restructuring charges, net	`RestructuringChargesNetofRestructuringReversals`	$13.00M	USD	1 Quarter
Certain litigation charges, net	`LossContingencyAccrualProvision`	$122.00M	USD	1 Quarter
Certain litigation charges, net	`LossContingencyAccrualProvision`	$276.00M	USD	3 Qtrs
Certain litigation charges, net	`LossContingencyAccrualProvision`	$108.00M	USD	1 Quarter
Certain litigation charges, net	`LossContingencyAccrualProvision`	$118.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$39.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-82.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-88.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-116.00M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$2.88B	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$1.64B	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$4.47B	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$1.28B	USD	1 Quarter
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$96.00M	USD	1 Quarter
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$305.00M	USD	3 Qtrs
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$233.00M	USD	3 Qtrs
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$86.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$783.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$143.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$930.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$156.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.33B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.22B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.58B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.85B	USD	3 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$65.00M	USD	3 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-317.00M	USD	3 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-59.00M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-340.00M	USD	1 Quarter
Net income	`ProfitLoss`	$4.17B	USD	3 Qtrs
Net income	`ProfitLoss`	$1.92B	USD	1 Quarter
Net income	`ProfitLoss`	$1.37B	USD	1 Quarter
Net income	`ProfitLoss`	$1.28B	USD	1 Quarter
Net income	`ProfitLoss`	$2.26B	USD	3 Qtrs
Net income	`ProfitLoss`	$491.00M	USD	1 Quarter
Net income	`ProfitLoss`	$494.00M	USD	1 Quarter
Net income	`ProfitLoss`	$877.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.00M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$24.00M	USD	3 Qtrs
Net income attributable to Medtronic	`NetIncomeLoss`	$2.25B	USD	3 Qtrs
Net income attributable to Medtronic	`NetIncomeLoss`	$4.14B	USD	3 Qtrs
Net income attributable to Medtronic	`NetIncomeLoss`	$1.92B	USD	1 Quarter
Net income attributable to Medtronic	`NetIncomeLoss`	$1.27B	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$1.43	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$1.67	USD	3 Qtrs
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$3.09	USD	3 Qtrs
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$0.94	USD	1 Quarter
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$0.94	USD	1 Quarter
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$3.07	USD	3 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$1.66	USD	3 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$1.42	USD	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.34B	shares	3 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.35B	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.34B	shares	3 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.34B	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.35B	shares	3 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.35B	shares	3 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.35B	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.36B	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.92B	USD	1 Quarter
Net income	`ProfitLoss`	$1.37B	USD	1 Quarter
Net income	`ProfitLoss`	$1.28B	USD	1 Quarter
Net income	`ProfitLoss`	$2.26B	USD	3 Qtrs
Net income	`ProfitLoss`	$491.00M	USD	1 Quarter
Net income	`ProfitLoss`	$494.00M	USD	1 Quarter
Net income	`ProfitLoss`	$877.00M	USD	1 Quarter
Net income	`ProfitLoss`	$4.17B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.99B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.02B	USD	3 Qtrs
Provision for doubtful accounts and credit losses	`ProvisionForDoubtfulAccounts`	$103.00M	USD	3 Qtrs
Provision for doubtful accounts and credit losses	`ProvisionForDoubtfulAccounts`	$67.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-208.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-793.00M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$275.00M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$235.00M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-406.00M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-308.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-140.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-161.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndNotesReceivable`	$450.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndNotesReceivable`	$119.00M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$75.00M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$346.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$529.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$103.00M	USD	3 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$67.00M	USD	3 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$430.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.50B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.78B	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$976.00M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$199.00M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$978.00M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$877.00M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$8.25B	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$9.45B	USD	3 Qtrs
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$6.75B	USD	3 Qtrs
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$5.79B	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$136.00M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$34.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.57B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.79B	USD	3 Qtrs
Change in current debt obligations, net	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$17.00M	USD	3 Qtrs
Change in current debt obligations, net	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-311.00M	USD	3 Qtrs
Proceeds from short-term borrowings (maturities greater than 90 days)	`ProceedsFromShortTermDebt`	-	USD	3 Qtrs
Proceeds from short-term borrowings (maturities greater than 90 days)	`ProceedsFromShortTermDebt`	$2.79B	USD	3 Qtrs
Issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$7.17B	USD	3 Qtrs
Issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$5.57B	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$5.61B	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$6.45B	USD	3 Qtrs
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$2.17B	USD	3 Qtrs
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$2.34B	USD	3 Qtrs
Issuance of ordinary shares	`ProceedsFromIssuanceOrSaleOfEquity`	$314.00M	USD	3 Qtrs
Issuance of ordinary shares	`ProceedsFromIssuanceOrSaleOfEquity`	$585.00M	USD	3 Qtrs
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$1.21B	USD	3 Qtrs
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$77.00M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-104.00M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-74.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.89B	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$993.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$234.00M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$937.00M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-684.00M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.39B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.14B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.71B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.08B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.39B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.14B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.71B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.08B	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$813.00M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$639.00M	USD	3 Qtrs
Interest	`InterestPaidNet`	$334.00M	USD	3 Qtrs
Interest	`InterestPaidNet`	$348.00M	USD	3 Qtrs

Stockholders Equity 66 line items

Line Item	Tag	Value	Unit	Period
Dividends to shareholders (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.54	USD	1 Quarter
Dividends to shareholders (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.58	USD	1 Quarter
Dividends to shareholders (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.58	USD	1 Quarter
Dividends to shareholders (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.54	USD	1 Quarter
Dividends to shareholders (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.58	USD	1 Quarter
Dividends to shareholders (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.54	USD	1 Quarter
Beginning balance (shares)	`CommonStockSharesOutstanding`	1.35B	shares	Point-in-time
Beginning balance (shares)	`CommonStockSharesOutstanding`	1.34B	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.44B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.72B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.50B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.93B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.32B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.87B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.95B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.21B	USD	Point-in-time
Net income	`ProfitLoss`	$494.00M	USD	1 Quarter
Net income	`ProfitLoss`	$4.17B	USD	3 Qtrs
Net income	`ProfitLoss`	$877.00M	USD	1 Quarter
Net income	`ProfitLoss`	$491.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.37B	USD	1 Quarter
Net income	`ProfitLoss`	$1.28B	USD	1 Quarter
Net income	`ProfitLoss`	$1.92B	USD	1 Quarter
Net income	`ProfitLoss`	$2.26B	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$165.00M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-60.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-78.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-127.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$227.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$65.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-354.00M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-217.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$724.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$723.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$780.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$723.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$778.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$781.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$26.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$93.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$143.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$118.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$145.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$205.00M	USD	1 Quarter
Repurchase of ordinary shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$552.00M	USD	1 Quarter
Repurchase of ordinary shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$328.00M	USD	1 Quarter
Repurchase of ordinary shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$236.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$65.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$108.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$66.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$70.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$61.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$140.00M	USD	1 Quarter
Changes to noncontrolling ownership interests	`MinorityInterestPeriodIncreaseDecrease`	$6.00M	USD	1 Quarter
Changes to noncontrolling ownership interests	`MinorityInterestPeriodIncreaseDecrease`	$3.00M	USD	1 Quarter
Changes to noncontrolling ownership interests	`MinorityInterestPeriodIncreaseDecrease`	$-14.00M	USD	1 Quarter
Ending balance (shares)	`CommonStockSharesOutstanding`	1.35B	shares	Point-in-time
Ending balance (shares)	`CommonStockSharesOutstanding`	1.34B	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.72B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.95B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.32B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.87B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.21B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.93B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.50B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.44B	USD	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.92B	USD	1 Quarter
Net income	`ProfitLoss`	$1.37B	USD	1 Quarter
Net income	`ProfitLoss`	$1.28B	USD	1 Quarter
Net income	`ProfitLoss`	$2.26B	USD	3 Qtrs
Net income	`ProfitLoss`	$491.00M	USD	1 Quarter
Net income	`ProfitLoss`	$494.00M	USD	1 Quarter
Net income	`ProfitLoss`	$877.00M	USD	1 Quarter
Net income	`ProfitLoss`	$4.17B	USD	3 Qtrs
Unrealized gain on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$20.00M	USD	1 Quarter
Unrealized gain on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$137.00M	USD	3 Qtrs
Unrealized gain on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$24.00M	USD	1 Quarter
Unrealized gain on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$93.00M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$690.00M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.95B	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$32.00M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-116.00M	USD	3 Qtrs
Net investment hedge	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$-1.86B	USD	3 Qtrs
Net investment hedge	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$187.00M	USD	3 Qtrs
Net investment hedge	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$35.00M	USD	1 Quarter
Net investment hedge	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$-587.00M	USD	1 Quarter
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-28.00M	USD	3 Qtrs
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-13.00M	USD	1 Quarter
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-38.00M	USD	3 Qtrs
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-9.00M	USD	1 Quarter
Unrealized loss on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-37.00M	USD	3 Qtrs
Unrealized loss on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-607.00M	USD	3 Qtrs
Unrealized loss on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-35.00M	USD	1 Quarter
Unrealized loss on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-213.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-217.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$65.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$227.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-354.00M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-78.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-60.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$165.00M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-127.00M	USD	1 Quarter
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	1 Quarter
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.98B	USD	1 Quarter
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.33B	USD	3 Qtrs
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.91B	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$24.00M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$27.00M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$4.31B	USD	3 Qtrs
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$1.88B	USD	3 Qtrs
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$1.19B	USD	1 Quarter
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$1.98B	USD	1 Quarter

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