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Quarterly Financial Data (unaudited)
 12 Months Ended
Apr. 28, 2017
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (unaudited)
Quarterly Financial Data (unaudited)
(in millions, except per share data)
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Fiscal Year
Net sales
 
 
 

 
 

 
 

 
 

 
 

 
2017
 
$
7,166

 
$
7,345

 
$
7,283

 
$
7,916

 
$
29,710

 
2016
 
7,274

 
7,058

 
6,934

 
7,567

 
28,833

Gross profit
 
 
 

 
 

 
 

 
 

 
 

 
2017
 
$
4,905

 
$
5,019

 
$
5,015

 
$
5,480

 
$
20,419

 
2016
 
4,818

 
4,876

 
4,793

 
5,204

 
19,691

Net income
 
 
 

 
 

 
 

 
 

 
 

 
2017
 
$
929

 
$
1,111

 
$
820

 
$
1,164

 
$
4,024

 
2016
 
820

 
520

 
1,095

 
1,104

 
3,538

Net income attributable to Medtronic
 
 
 
 
 
 
 
 
 
 
 
 
2017
 
$
929

 
$
1,115

 
$
821

 
$
1,163

 
$
4,028

 
2016
 
820

 
520

 
1,095

 
1,104

 
3,538

Basic earnings per share
 
 
 

 
 

 
 

 
 

 
 

 
2017
 
$
0.67

 
$
0.81

 
$
0.60

 
$
0.85

 
2.92

 
2016
 
0.58

 
0.37

 
0.78

 
0.79

 
2.51

Diluted earnings per share
 
 
 

 
 

 
 

 
 

 
 

 
2017
 
$
0.66

 
$
0.80

 
$
0.59

 
$
0.84

 
2.89

 
2016
 
0.57

 
0.36

 
0.77

 
0.78

 
2.48


The data in the schedule above has been intentionally rounded to the nearest million, and therefore, the quarterly amounts may not sum to the fiscal year-to-date amounts.