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v3.7.0.1

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions | 12 Months Ended
--- | ---
Apr. 28, 2017 | Apr. 29, 2016 | Apr. 24, 2015
Income Statement [Abstract] |  |  |
Net sales | $ 29,710 | $ 28,833 | $ 20,261
Costs and expenses: |  |  |
Cost of products sold | 9,291 | 9,142 | 6,309
Research and development expense | 2,193 | 2,224 | 1,640
Selling, general, and administrative expense | 9,711 | 9,469 | 6,904
Special charge (gain), net | 100 | 70 | (38)
Restructuring charges, net | 363 | 290 | 237
Certain litigation charges | 300 | 26 | 42
Acquisition-related items | 220 | 283 | 550
Amortization of intangible assets | 1,980 | 1,931 | 733
Other expense, net | 222 | 107 | 118
Operating profit | 5,330 | 5,291 | 3,766
Interest income | (366) | (431) | (386)
Interest expense | 1,094 | 1,386 | 666
Interest expense, net | 728 | 955 | 280
Income before provision for income taxes | 4,602 | 4,336 | 3,486
Provision for income taxes | 578 | 798 | 811
Net income | 4,024 | 3,538 | 2,675
Net loss attributable to noncontrolling interests | 4 | 0 | 0
Net income attributable to Medtronic | $ 4,028 | $ 3,538 | $ 2,675
Basic earnings per share (in dollars per share) | $ 2.92 | $ 2.51 | $ 2.44
Diluted earnings per share (in dollars per share) | $ 2.89 | $ 2.48 | $ 2.41
Basic weighted average shares outstanding (shares) | 1,378.9 | 1,409.6 | 1,095.5
Diluted weighted average shares outstanding (in shares) | 1,391.4 | 1,425.9 | 1,109.0
Cash dividends declared per common share (in dollars per share) | $ 1.72 | $ 1.52 | $ 1.22

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- Definition The following items are included within acquisition-related items: The change in the fair value of the contingent milestone consideration for the reporting period, certain-related acquisition costs, such as banker fees, legal fees, severance, and other professional fees, and impairment losses of recently acquired in-process research and development (IPR&D). + References No definition available. + Details
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