10-Q Filing

MEDTRONIC PLC CIK: 1613103 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001613103-22-000011`
Period End Date	20220131
Filing Date	20220303
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	mdt-20220128_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 84 Cash Flow Statement 78 Stockholders Equity 73 Comprehensive Income 48

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$253.00M	USD	Point-in-time
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$241.00M	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`	$3.59B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.48B	USD	Point-in-time
Ordinary shares authorized (shares)	`CommonStockSharesAuthorized`	2.60B	shares	Point-in-time
Ordinary shares authorized (shares)	`CommonStockSharesAuthorized`	2.60B	shares	Point-in-time
Ordinary shares issued (shares)	`CommonStockSharesIssued`	1.35B	shares	Point-in-time
Investments	`ShortTermInvestments`	$7.74B	USD	Point-in-time
Investments	`ShortTermInvestments`	$7.22B	USD	Point-in-time
Ordinary shares issued (shares)	`CommonStockSharesIssued`	1.34B	shares	Point-in-time
Ordinary shares outstanding (shares)	`CommonStockSharesOutstanding`	1.34B	shares	Point-in-time
Accounts receivable, less allowances and credit losses of $253 and $241, respectively	`AccountsReceivableNetCurrent`	$5.45B	USD	Point-in-time
Accounts receivable, less allowances and credit losses of $253 and $241, respectively	`AccountsReceivableNetCurrent`	$5.46B	USD	Point-in-time
Ordinary shares outstanding (shares)	`CommonStockSharesOutstanding`	1.35B	shares	Point-in-time
Inventories, net	`InventoryNet`	$4.31B	USD	Point-in-time
Inventories, net	`InventoryNet`	$4.51B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.12B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.96B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$23.30B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.55B	USD	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$13.07B	USD	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$12.70B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.82B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.48B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$5.25B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$5.22B	USD	Point-in-time
Goodwill	`Goodwill`	$41.96B	USD	Point-in-time
Goodwill	`Goodwill`	$41.35B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$16.08B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$17.74B	USD	Point-in-time
Tax assets	`DeferredIncomeTaxAssetsNet`	$3.31B	USD	Point-in-time
Tax assets	`DeferredIncomeTaxAssetsNet`	$3.17B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.44B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.52B	USD	Point-in-time
Total assets	`Assets`	$93.08B	USD	Point-in-time
Total assets	`Assets`	$91.80B	USD	Point-in-time
Current debt obligations	`DebtCurrent`	$11.00M	USD	Point-in-time
Current debt obligations	`DebtCurrent`	$865.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.99B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.11B	USD	Point-in-time
Accrued compensation	`DeferredCompensationLiabilityCurrent`	$2.48B	USD	Point-in-time
Accrued compensation	`DeferredCompensationLiabilityCurrent`	$2.15B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$435.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$383.00M	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$3.54B	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$3.48B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.93B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.51B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$24.29B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$26.38B	USD	Point-in-time
Accrued compensation and retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.56B	USD	Point-in-time
Accrued compensation and retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.37B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$2.12B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$2.25B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$968.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.03B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.76B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.42B	USD	Point-in-time
Total liabilities	`Liabilities`	$41.48B	USD	Point-in-time
Total liabilities	`Liabilities`	$39.09B	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, 1,342,565,589 and 1,345,400,671 shares issued and outstanding, respectively	`CommonStockValue`	-	USD	Point-in-time
Ordinary shares par value $0.0001, 2.6 billion shares authorized, 1,342,565,589 and 1,345,400,671 shares issued and outstanding, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$26.32B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$25.81B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$29.61B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$28.59B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.48B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.88B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$51.43B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$52.54B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$171.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$174.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.87B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.93B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.32B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.44B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.16B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.66B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.60B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$91.80B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$93.08B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$21.93B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.78B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.76B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.60B	USD	3 Qtrs
Cost of products sold	`CostOfGoodsAndServicesSold`	$2.46B	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$2.62B	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$7.83B	USD	3 Qtrs
Cost of products sold	`CostOfGoodsAndServicesSold`	$7.55B	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$668.00M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$2.09B	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$601.00M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$1.86B	USD	3 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$7.55B	USD	3 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.54B	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$7.72B	USD	3 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.56B	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$432.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$453.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.30B	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.34B	USD	3 Qtrs
Restructuring charges, net	`RestructuringChargesNetOfRestructuringReversalsIncludingCostOfProductSoldImpact`	$235.00M	USD	3 Qtrs
Restructuring charges, net	`RestructuringChargesNetOfRestructuringReversalsIncludingCostOfProductSoldImpact`	$32.00M	USD	3 Qtrs
Restructuring charges, net	`RestructuringChargesNetOfRestructuringReversalsIncludingCostOfProductSoldImpact`	$12.00M	USD	1 Quarter
Restructuring charges, net	`RestructuringChargesNetOfRestructuringReversalsIncludingCostOfProductSoldImpact`	$83.00M	USD	1 Quarter
Certain litigation charges, net	`LossContingencyAccrualProvision`	$95.00M	USD	3 Qtrs
Certain litigation charges, net	`LossContingencyAccrualProvision`	$35.00M	USD	1 Quarter
Certain litigation charges, net	`LossContingencyAccrualProvision`	$122.00M	USD	1 Quarter
Certain litigation charges, net	`LossContingencyAccrualProvision`	$118.00M	USD	3 Qtrs
Other operating (income) expense, net	`OtherOperatingIncomeExpenseNet`	$-116.00M	USD	3 Qtrs
Other operating (income) expense, net	`OtherOperatingIncomeExpenseNet`	$63.00M	USD	1 Quarter
Other operating (income) expense, net	`OtherOperatingIncomeExpenseNet`	$-82.00M	USD	1 Quarter
Other operating (income) expense, net	`OtherOperatingIncomeExpenseNet`	$-719.00M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$1.66B	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$2.88B	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$1.28B	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$4.08B	USD	3 Qtrs
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$67.00M	USD	1 Quarter
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$86.00M	USD	1 Quarter
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$233.00M	USD	3 Qtrs
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$244.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$137.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$410.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$783.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$143.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.33B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.92B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.22B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.59B	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$346.00M	USD	3 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$65.00M	USD	3 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$106.00M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-59.00M	USD	1 Quarter
Net income	`ProfitLoss`	$494.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.48B	USD	1 Quarter
Net income	`ProfitLoss`	$491.00M	USD	1 Quarter
Net income	`ProfitLoss`	$3.57B	USD	3 Qtrs
Net income	`ProfitLoss`	$1.32B	USD	1 Quarter
Net income	`ProfitLoss`	$1.28B	USD	1 Quarter
Net income	`ProfitLoss`	$2.26B	USD	3 Qtrs
Net income	`ProfitLoss`	$769.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.00M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$16.00M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
Net income attributable to Medtronic	`NetIncomeLoss`	$2.25B	USD	3 Qtrs
Net income attributable to Medtronic	`NetIncomeLoss`	$3.55B	USD	3 Qtrs
Net income attributable to Medtronic	`NetIncomeLoss`	$1.48B	USD	1 Quarter
Net income attributable to Medtronic	`NetIncomeLoss`	$1.27B	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$1.10	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$0.94	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$2.64	USD	3 Qtrs
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$1.67	USD	3 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$0.94	USD	1 Quarter
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$1.10	USD	1 Quarter
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$2.63	USD	3 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$1.66	USD	3 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.34B	shares	3 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.34B	shares	3 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.34B	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.35B	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 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.48B	USD	1 Quarter
Net income	`ProfitLoss`	$491.00M	USD	1 Quarter
Net income	`ProfitLoss`	$3.57B	USD	3 Qtrs
Net income	`ProfitLoss`	$1.32B	USD	1 Quarter
Net income	`ProfitLoss`	$1.28B	USD	1 Quarter
Net income	`ProfitLoss`	$2.26B	USD	3 Qtrs
Net income	`ProfitLoss`	$769.00M	USD	1 Quarter
Net income	`ProfitLoss`	$494.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.02B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.02B	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$103.00M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$49.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-208.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-234.00M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$275.00M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$287.00M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-308.00M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
MCS asset impairment and inventory write-down	`AssetImpairmentChargesAndInventoryWriteDown`	-	USD	3 Qtrs
MCS asset impairment and inventory write-down	`AssetImpairmentChargesAndInventoryWriteDown`	$515.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-92.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-161.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndNotesReceivable`	$212.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndNotesReceivable`	$450.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$75.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$359.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$529.00M	USD	3 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$430.00M	USD	3 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$444.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.29B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.50B	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$976.00M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$91.00M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$978.00M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$979.00M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$9.45B	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$7.92B	USD	3 Qtrs
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$6.75B	USD	3 Qtrs
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$7.13B	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$136.00M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$71.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.93B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.79B	USD	3 Qtrs
Change in current debt obligations, net	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-311.00M	USD	3 Qtrs
Change in current debt obligations, net	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	-	USD	3 Qtrs
Proceeds from short-term borrowings (maturities greater than 90 days)	`ProceedsFromShortTermDebt`	$2.79B	USD	3 Qtrs
Proceeds from short-term borrowings (maturities greater than 90 days)	`ProceedsFromShortTermDebt`	-	USD	3 Qtrs
Issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$7.17B	USD	3 Qtrs
Issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$1.00M	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$6.45B	USD	3 Qtrs
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$2.34B	USD	3 Qtrs
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$2.54B	USD	3 Qtrs
Issuance of ordinary shares	`ProceedsFromIssuanceOrSaleOfEquity`	$344.00M	USD	3 Qtrs
Issuance of ordinary shares	`ProceedsFromIssuanceOrSaleOfEquity`	$314.00M	USD	3 Qtrs
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$1.14B	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`	$-52.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$993.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.39B	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-87.00M	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`	$-114.00M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$937.00M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.08B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.59B	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`	$3.48B	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`	$3.48B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.59B	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`	$842.00M	USD	3 Qtrs
Interest	`InterestPaidNet`	$334.00M	USD	3 Qtrs
Interest	`InterestPaidNet`	$295.00M	USD	3 Qtrs

Stockholders Equity 73 line items

Line Item	Tag	Value	Unit	Period
Dividends to shareholders (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.63	USD	1 Quarter
Dividends to shareholders (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.63	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`	$0.63	USD	1 Quarter
Dividends to shareholders (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.58	USD	1 Quarter
Beginning balance (shares)	`CommonStockSharesOutstanding`	1.34B	shares	Point-in-time
Beginning balance (shares)	`CommonStockSharesOutstanding`	1.35B	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.60B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.66B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.16B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.44B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.87B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.93B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.71B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.32B	USD	Point-in-time
Net income	`ProfitLoss`	$2.26B	USD	3 Qtrs
Net income	`ProfitLoss`	$494.00M	USD	1 Quarter
Net income	`ProfitLoss`	$769.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.28B	USD	1 Quarter
Net income	`ProfitLoss`	$1.48B	USD	1 Quarter
Net income	`ProfitLoss`	$3.57B	USD	3 Qtrs
Net income	`ProfitLoss`	$491.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.32B	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$166.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-354.00M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$274.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-78.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$162.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$602.00M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-217.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-60.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$778.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$847.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$846.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$781.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$780.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$847.00M	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`	$92.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$107.00M	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`	$93.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$49.00M	USD	1 Quarter
Repurchase of ordinary shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$372.00M	USD	1 Quarter
Repurchase of ordinary shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$311.00M	USD	1 Quarter
Repurchase of ordinary shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$358.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$140.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$69.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$65.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$70.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$140.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$78.00M	USD	1 Quarter
Changes to noncontrolling ownership interests	`MinorityInterestPeriodIncreaseDecrease`	$-14.00M	USD	1 Quarter
Changes to noncontrolling ownership interests	`MinorityInterestPeriodIncreaseDecrease`	$6.00M	USD	1 Quarter
Changes to noncontrolling ownership interests	`MinorityInterestPeriodIncreaseDecrease`	$-15.00M	USD	1 Quarter
Changes to noncontrolling ownership interests	`MinorityInterestPeriodIncreaseDecrease`	$3.00M	USD	1 Quarter
Ending balance (shares)	`CommonStockSharesOutstanding`	1.34B	shares	Point-in-time
Ending balance (shares)	`CommonStockSharesOutstanding`	1.35B	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.16B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.71B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.87B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.93B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.32B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.44B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.66B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.60B	USD	Point-in-time
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.58	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.58	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.63	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.63	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.63	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.58	USD	1 Quarter

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.48B	USD	1 Quarter
Net income	`ProfitLoss`	$491.00M	USD	1 Quarter
Net income	`ProfitLoss`	$3.57B	USD	3 Qtrs
Net income	`ProfitLoss`	$1.32B	USD	1 Quarter
Net income	`ProfitLoss`	$1.28B	USD	1 Quarter
Net income	`ProfitLoss`	$2.26B	USD	3 Qtrs
Net income	`ProfitLoss`	$769.00M	USD	1 Quarter
Net income	`ProfitLoss`	$494.00M	USD	1 Quarter
Unrealized gain (loss) on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$137.00M	USD	3 Qtrs
Unrealized gain (loss) on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$24.00M	USD	1 Quarter
Unrealized gain (loss) on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-70.00M	USD	1 Quarter
Unrealized gain (loss) on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-114.00M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-963.00M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.95B	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$690.00M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-362.00M	USD	1 Quarter
Net investment hedge	`OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativesArisingDuringPeriodNetInvestmentHedgeNetOfTax`	$-1.86B	USD	3 Qtrs
Net investment hedge	`OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativesArisingDuringPeriodNetInvestmentHedgeNetOfTax`	$475.00M	USD	1 Quarter
Net investment hedge	`OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativesArisingDuringPeriodNetInvestmentHedgeNetOfTax`	$-587.00M	USD	1 Quarter
Net investment hedge	`OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativesArisingDuringPeriodNetInvestmentHedgeNetOfTax`	$1.25B	USD	3 Qtrs
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-56.00M	USD	3 Qtrs
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-9.00M	USD	1 Quarter
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-19.00M	USD	1 Quarter
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-28.00M	USD	3 Qtrs
Unrealized gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$100.00M	USD	1 Quarter
Unrealized gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-213.00M	USD	1 Quarter
Unrealized gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$369.00M	USD	3 Qtrs
Unrealized gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-607.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-60.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$602.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$162.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-217.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$274.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-354.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$166.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-78.00M	USD	1 Quarter
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.65B	USD	1 Quarter
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.17B	USD	3 Qtrs
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.91B	USD	3 Qtrs
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$27.00M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.00M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$1.88B	USD	3 Qtrs
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$1.64B	USD	1 Quarter
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$1.19B	USD	1 Quarter
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$4.16B	USD	3 Qtrs

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