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v3.25.2

Segment and Geographic Information - Segment Reporting (Details) - USD ($) $ in Millions | 3 Months Ended | 12 Months Ended
--- | --- | ---
Apr. 26, 2024 | Apr. 25, 2025 | Apr. 26, 2024 | Apr. 28, 2023
Segment Reporting Information [Line Items] |  |  |  |
Net sales |  | $ 33,537 | $ 32,364 | $ 31,227
Cost of products sold, excluding amortization of intangible assets |  | 11,632 | 11,216 | 10,719
Research and development expense |  | 2,732 | 2,735 | 2,696
Selling, general, and administrative expense |  | 10,849 | 10,736 | 10,415
Reportable segment operating profit |  | 5,955 | 5,144 | 5,485
Other non-operating income, net |  | 402 | 412 | 515
Amortization of intangible assets |  | (1,807) | (1,693) | (1,698)
Stock-based compensation |  | (429) | (393) | (355)
Restructuring and associated costs | $ (300) |  |  |
Certain litigation charges, net |  | (317) | (149) | 30
Income before income taxes |  | 5,628 | 4,837 | 5,364
Reportable segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales |  | 33,489 | 32,142 | 30,731
Cost of products sold, excluding amortization of intangible assets |  | 10,987 | 10,385 | 9,704
Research and development expense |  | 2,478 | 2,452 | 2,323
Selling, general, and administrative expense |  | 7,541 | 7,365 | 7,096
Other segment items |  | (36) | (39) | (57)
Reportable segment operating profit |  | 12,518 | 11,979 | 11,664
Segment reconciling items |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Corporate |  | (1,837) | (1,784) | (1,763)
Interest expense, net |  | (729) | (719) | (636)
Other non-operating income, net |  | 402 | 412 | 515
Amortization of intangible assets |  | (1,807) | (1,693) | (1,698)
Stock-based compensation |  | (429) | (393) | (355)
Centralized distribution costs |  | (1,650) | (1,609) | (1,558)
Currency |  | (3) | 68 | 465
Restructuring and associated costs |  | (303) | (389) | (647)
Acquisition and divestiture-related items |  | (124) | (777) | (345)
Certain litigation charges, net |  | (317) | (149) | 30
Medical device regulations |  | (52) | (119) | (150)
Other adjustments |  | (90) |  |
Commitments to the Medtronic Foundation and Medtronic LABS |  |  |  | (70)
Cardiovascular |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales |  | 12,481 | 11,831 | 11,522
Cardiovascular | Reportable segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales |  | 12,481 | 11,831 | 11,522
Cost of products sold, excluding amortization of intangible assets |  | 3,967 | 3,731 | 3,562
Research and development expense |  | 931 | 906 | 815
Selling, general, and administrative expense |  | 2,824 | 2,748 | 2,653
Other segment items |  | (41) | (28) | (31)
Reportable segment operating profit |  | 4,801 | 4,474 | 4,522
Neuroscience |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales |  | 9,846 | 9,406 | 8,959
Neuroscience | Reportable segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales |  | 9,846 | 9,406 | 8,959
Cost of products sold, excluding amortization of intangible assets |  | 2,762 | 2,634 | 2,411
Research and development expense |  | 542 | 556 | 573
Selling, general, and administrative expense |  | 2,327 | 2,245 | 2,189
Other segment items |  | 31 | 30 | 74
Reportable segment operating profit |  | 4,183 | 3,940 | 3,712
Medical Surgical |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales |  | 8,407 | 8,417 | 7,989
Medical Surgical | Reportable segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales |  | 8,407 | 8,417 | 7,989
Cost of products sold, excluding amortization of intangible assets |  | 3,142 | 3,057 | 2,859
Research and development expense |  | 606 | 587 | 543
Selling, general, and administrative expense |  | 1,600 | 1,594 | 1,549
Other segment items |  | 18 | 9 | (10)
Reportable segment operating profit |  | 3,042 | 3,170 | 3,048
Diabetes |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales |  | 2,755 | 2,488 | 2,262
Diabetes | Reportable segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales |  | 2,755 | 2,488 | 2,262
Cost of products sold, excluding amortization of intangible assets |  | 1,117 | 963 | 871
Research and development expense |  | 400 | 402 | 392
Selling, general, and administrative expense |  | 791 | 778 | 705
Other segment items |  | (43) | (49) | (90)
Reportable segment operating profit |  | 491 | 394 | 383
Other Segment | Reportable segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales |  | 137 | 221 | 495
Reportable segment operating profit |  | $ 49 | $ 10 | $ (89)

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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 + Details
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- Definition Amount of noncash expense for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (a) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28 + Details
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