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Quarterly Financial Data (unaudited) | 12 Months Ended
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Apr. 24, 2020
Quarterly Financial Data [Abstract] |
Quarterly Financial Data (unaudited) | Quarterly Financial Data (unaudited) The table below summarizes select unaudited quarterly financial data for fiscal years 2020 and 2019:
|  | Fiscal Year 2020 |  |  |  |  |  |  |  | Fiscal Year 2019 |  |  |  |  |  |
(in millions, except per share data) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Net sales |  | $ | 7,493 |  |  | $ | 7,706 |  |  | $ | 7,717 |  |  | $ | 5,998 |  |  | $ | 7,384 |  |  | $ | 7,481 |  |  | $ | 7,546 |  |  | $ | 8,146 |
Gross profit |  | 5,127 |  |  | 5,312 |  |  | 5,317 |  |  | 3,734 |  |  | 5,180 |  |  | 5,278 |  |  | 5,281 |  |  | 5,663 |
Net income |  | 877 |  |  | 1,371 |  |  | 1,919 |  |  | 640 |  |  | 1,077 |  |  | 1,120 |  |  | 1,271 |  |  | 1,182 |
Net income attributable to Medtronic |  | 864 |  |  | 1,364 |  |  | 1,915 |  |  | 646 |  |  | 1,075 |  |  | 1,115 |  |  | 1,269 |  |  | 1,172 |
Basic earnings per share |  | 0.64 |  |  | 1.02 |  |  | 1.43 |  |  | 0.48 |  |  | 0.79 |  |  | 0.83 |  |  | 0.95 |  |  | 0.87 |
Diluted earnings per share |  | 0.64 |  |  | 1.01 |  |  | 1.42 |  |  | 0.48 |  |  | 0.79 |  |  | 0.82 |  |  | 0.94 |  |  | 0.87 |
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.

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- References No definition available. + Details
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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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