XML 52 R39.htm IDEA: XBRL DOCUMENT v3.7.0.1
Segment and Geographic Information (Tables)
 3 Months Ended
Jul. 28, 2017
Segment Reporting [Abstract]  
Net Sales by Segment
Net sales and earnings before interest expense, net, the provision for income taxes, and amortization of intangible assets, not including centralized distribution costs and corporate charges by reportable segments are as follows:
 
Three months ended
(in millions)
July 28, 2017
 
July 29, 2016
Cardiac and Vascular Group
$
2,646

 
$
2,518

Minimally Invasive Therapies Group
2,486

 
2,424

Restorative Therapies Group
1,809

 
1,772

Diabetes Group
449

 
452

Net Sales
$
7,390

 
$
7,166
Income From Operations Before Income Taxes by Reportable Segment and Reconciliation to Consolidated
 
Three months ended
(in millions)
July 28, 2017
 
July 29, 2016
Cardiac and Vascular Group
$
1,011

 
$
954

Minimally Invasive Therapies Group
875

 
824

Restorative Therapies Group
680

 
669

Diabetes Group
112

 
159

Reportable segments' EBITA before other adjustments
2,678

 
2,606

Restructuring charges, net
(14
)
 
(104
)
Acquisition-related items
(53
)
 
(52
)
Divestiture-related items
(48
)
 
—

Certain litigation charges
—

 
(82
)
Amortization of intangible assets
(454
)
 
(487
)
Centralized distribution costs
(442
)
 
(401
)
Interest expense, net
(194
)
 
(179
)
Corporate
(278
)
 
(313
)
Income before provision for income taxes
$
1,195

 
$
988
Net Sales to External Customers by Geography
Net sales to external customers by geography are as follows:
 
Three months ended
(in millions)
July 28, 2017
 
July 29, 2016
Americas (1)
$
4,367

 
$
4,297

EMEA (2)
1,732

 
1,650

Asia-Pacific
857

 
822

Greater China
434

 
397

Net Sales
$
7,390

 
$
7,166


(1) The U.S., which is included in the Americas, had net sales to external customers of $4.0 billion for both the three months ended July 28, 2017 and July 29, 2016.
(2) EMEA consists of Europe, Middle East, and Africa. Sales to Ireland were insignificant during all periods presented.