Medtronic plc00016131034/24falseFY2020D02 XH02P3YP2YP2YP5YP5YP1YP2YP2YP10YP7YP10YP10YP4YP10YP4YP10YP10YP10YP7YP8YP10YP12YP13YP20YP30YP20YP30YP30YP20YP30YP30YP30YP30YP30YP5Y2P3YP1YP10Yus-gaap:OtherAssetsus-gaap:OtherLiabilitiesCurrentus-gaap:OtherLiabilitiesNoncurrent00016131032019-04-272020-04-240001613103us-gaap:CommonStockMember2019-04-272020-04-240001613103mdt:SeniorNotes2019Due2021FloatingMember2019-04-272020-04-240001613103mdt:SeniorNotes2019Due2021Member2019-04-272020-04-240001613103mdt:SeniorNotes2019Due2022Member2019-04-272020-04-240001613103mdt:SeniorNotes2019Due20230.375PercentMember2019-04-272020-04-240001613103mdt:SeniorNotes2019Due2025Member2019-04-272020-04-240001613103mdt:SeniorNotes2019Due2027Member2019-04-272020-04-240001613103mdt:SeniorNotes2019Due20311.625PercentMember2019-04-272020-04-240001613103mdt:SeniorNotes2019Due20311.00PercentMember2019-04-272020-04-240001613103mdt:SeniorNotes2019Due20392.250PercentMember2019-04-272020-04-240001613103mdt:SeniorNotes2019Due20391.50PercentMember2019-04-272020-04-240001613103mdt:SeniorNotes2019Due2049Member2019-04-272020-04-24iso4217:USD00016131032019-10-25xbrli:shares00016131032020-06-1700016131032018-04-282019-04-2600016131032017-04-292018-04-27iso4217:USDxbrli:shares00016131032020-04-2400016131032019-04-260001613103us-gaap:CommonStockMember2017-04-280001613103us-gaap:AdditionalPaidInCapitalMember2017-04-280001613103us-gaap:RetainedEarningsMember2017-04-280001613103us-gaap:AccumulatedOtherComprehensiveIncomeMember2017-04-280001613103us-gaap:ParentMember2017-04-280001613103us-gaap:NoncontrollingInterestMember2017-04-2800016131032017-04-280001613103us-gaap:RetainedEarningsMember2017-04-292018-04-270001613103us-gaap:ParentMember2017-04-292018-04-270001613103us-gaap:NoncontrollingInterestMember2017-04-292018-04-270001613103us-gaap:AccumulatedOtherComprehensiveIncomeMember2017-04-292018-04-270001613103us-gaap:CommonStockMember2017-04-292018-04-270001613103us-gaap:AdditionalPaidInCapitalMember2017-04-292018-04-270001613103us-gaap:RetainedEarningsMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2017-04-280001613103us-gaap:AccumulatedOtherComprehensiveIncomeMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2017-04-280001613103srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:ParentMember2017-04-280001613103srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2017-04-280001613103us-gaap:CommonStockMember2018-04-270001613103us-gaap:AdditionalPaidInCapitalMember2018-04-270001613103us-gaap:RetainedEarningsMember2018-04-270001613103us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-04-270001613103us-gaap:ParentMember2018-04-270001613103us-gaap:NoncontrollingInterestMember2018-04-2700016131032018-04-270001613103us-gaap:RetainedEarningsMember2018-04-282019-04-260001613103us-gaap:ParentMember2018-04-282019-04-260001613103us-gaap:NoncontrollingInterestMember2018-04-282019-04-260001613103us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-04-282019-04-260001613103us-gaap:CommonStockMember2018-04-282019-04-260001613103us-gaap:AdditionalPaidInCapitalMember2018-04-282019-04-260001613103us-gaap:RetainedEarningsMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2018-04-270001613103us-gaap:AccumulatedOtherComprehensiveIncomeMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2018-04-270001613103srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:ParentMember2018-04-270001613103srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2018-04-270001613103us-gaap:CommonStockMember2019-04-260001613103us-gaap:AdditionalPaidInCapitalMember2019-04-260001613103us-gaap:RetainedEarningsMember2019-04-260001613103us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-04-260001613103us-gaap:ParentMember2019-04-260001613103us-gaap:NoncontrollingInterestMember2019-04-260001613103us-gaap:RetainedEarningsMember2019-04-272020-04-240001613103us-gaap:ParentMember2019-04-272020-04-240001613103us-gaap:NoncontrollingInterestMember2019-04-272020-04-240001613103us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-04-272020-04-240001613103us-gaap:CommonStockMember2019-04-272020-04-240001613103us-gaap:AdditionalPaidInCapitalMember2019-04-272020-04-240001613103us-gaap:RetainedEarningsMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-04-260001613103us-gaap:AccumulatedOtherComprehensiveIncomeMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-04-260001613103srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:ParentMember2019-04-260001613103srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-04-260001613103us-gaap:CommonStockMember2020-04-240001613103us-gaap:AdditionalPaidInCapitalMember2020-04-240001613103us-gaap:RetainedEarningsMember2020-04-240001613103us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-04-240001613103us-gaap:ParentMember2020-04-240001613103us-gaap:NoncontrollingInterestMember2020-04-240001613103srt:MinimumMember2019-04-272020-04-240001613103srt:MaximumMember2019-04-272020-04-240001613103us-gaap:ShippingAndHandlingMember2019-04-272020-04-240001613103us-gaap:ShippingAndHandlingMember2018-04-282019-04-260001613103us-gaap:ShippingAndHandlingMember2017-04-292018-04-270001613103us-gaap:AccountingStandardsUpdate201602Member2019-04-270001613103mdt:CardiacRhythmandHeartFailureDivisionMembermdt:CardiacAndVascularGroupMember2019-04-272020-04-240001613103mdt:CardiacRhythmandHeartFailureDivisionMembermdt:CardiacAndVascularGroupMember2018-04-282019-04-260001613103mdt:CardiacRhythmandHeartFailureDivisionMembermdt:CardiacAndVascularGroupMember2017-04-292018-04-270001613103mdt:CardiacAndVascularGroupMembermdt:CoronaryandStructuralHeartDivisionMember2019-04-272020-04-240001613103mdt:CardiacAndVascularGroupMembermdt:CoronaryandStructuralHeartDivisionMember2018-04-282019-04-260001613103mdt:CardiacAndVascularGroupMembermdt:CoronaryandStructuralHeartDivisionMember2017-04-292018-04-270001613103mdt:CardiacAndVascularGroupMembermdt:AorticPeripheralandVenousDivisionMember2019-04-272020-04-240001613103mdt:CardiacAndVascularGroupMembermdt:AorticPeripheralandVenousDivisionMember2018-04-282019-04-260001613103mdt:CardiacAndVascularGroupMembermdt:AorticPeripheralandVenousDivisionMember2017-04-292018-04-270001613103mdt:CardiacAndVascularGroupMember2019-04-272020-04-240001613103mdt:CardiacAndVascularGroupMember2018-04-282019-04-260001613103mdt:CardiacAndVascularGroupMember2017-04-292018-04-270001613103mdt:MinimallyInvasiveTherapiesGroupMembermdt:SurgicalInnovationsDivisionMember2019-04-272020-04-240001613103mdt:MinimallyInvasiveTherapiesGroupMembermdt:SurgicalInnovationsDivisionMember2018-04-282019-04-260001613103mdt:MinimallyInvasiveTherapiesGroupMembermdt:SurgicalInnovationsDivisionMember2017-04-292018-04-270001613103mdt:RespiratoryGastrointestinalandRenalDivisionMembermdt:MinimallyInvasiveTherapiesGroupMember2019-04-272020-04-240001613103mdt:RespiratoryGastrointestinalandRenalDivisionMembermdt:MinimallyInvasiveTherapiesGroupMember2018-04-282019-04-260001613103mdt:RespiratoryGastrointestinalandRenalDivisionMembermdt:MinimallyInvasiveTherapiesGroupMember2017-04-292018-04-270001613103mdt:MinimallyInvasiveTherapiesGroupMember2019-04-272020-04-240001613103mdt:MinimallyInvasiveTherapiesGroupMember2018-04-282019-04-260001613103mdt:MinimallyInvasiveTherapiesGroupMember2017-04-292018-04-270001613103mdt:BrainTherapiesDivisionMembermdt:RestorativeTherapiesGroupMember2019-04-272020-04-240001613103mdt:BrainTherapiesDivisionMembermdt:RestorativeTherapiesGroupMember2018-04-282019-04-260001613103mdt:BrainTherapiesDivisionMembermdt:RestorativeTherapiesGroupMember2017-04-292018-04-270001613103mdt:SpineDivisionMembermdt:RestorativeTherapiesGroupMember2019-04-272020-04-240001613103mdt:SpineDivisionMembermdt:RestorativeTherapiesGroupMember2018-04-282019-04-260001613103mdt:SpineDivisionMembermdt:RestorativeTherapiesGroupMember2017-04-292018-04-270001613103mdt:SpecialtyTherapiesDivisionMembermdt:RestorativeTherapiesGroupMember2019-04-272020-04-240001613103mdt:SpecialtyTherapiesDivisionMembermdt:RestorativeTherapiesGroupMember2018-04-282019-04-260001613103mdt:SpecialtyTherapiesDivisionMembermdt:RestorativeTherapiesGroupMember2017-04-292018-04-270001613103mdt:RestorativeTherapiesGroupMembermdt:PainTherapiesDivisionMember2019-04-272020-04-240001613103mdt:RestorativeTherapiesGroupMembermdt:PainTherapiesDivisionMember2018-04-282019-04-260001613103mdt:RestorativeTherapiesGroupMembermdt:PainTherapiesDivisionMember2017-04-292018-04-270001613103mdt:RestorativeTherapiesGroupMember2019-04-272020-04-240001613103mdt:RestorativeTherapiesGroupMember2018-04-282019-04-260001613103mdt:RestorativeTherapiesGroupMember2017-04-292018-04-270001613103mdt:DiabetesGroupMember2019-04-272020-04-240001613103mdt:DiabetesGroupMember2018-04-282019-04-260001613103mdt:DiabetesGroupMember2017-04-292018-04-270001613103country:USmdt:CardiacAndVascularGroupMember2019-04-272020-04-240001613103country:USmdt:CardiacAndVascularGroupMember2018-04-282019-04-260001613103country:USmdt:CardiacAndVascularGroupMember2017-04-292018-04-270001613103mdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMembermdt:CardiacAndVascularGroupMember2019-04-272020-04-240001613103mdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMembermdt:CardiacAndVascularGroupMember2018-04-282019-04-260001613103mdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMembermdt:CardiacAndVascularGroupMember2017-04-292018-04-270001613103mdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMembermdt:CardiacAndVascularGroupMember2019-04-272020-04-240001613103mdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMembermdt:CardiacAndVascularGroupMember2018-04-282019-04-260001613103mdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMembermdt:CardiacAndVascularGroupMember2017-04-292018-04-270001613103mdt:MinimallyInvasiveTherapiesGroupMembercountry:US2019-04-272020-04-240001613103mdt:MinimallyInvasiveTherapiesGroupMembercountry:US2018-04-282019-04-260001613103mdt:MinimallyInvasiveTherapiesGroupMembercountry:US2017-04-292018-04-270001613103mdt:MinimallyInvasiveTherapiesGroupMembermdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMember2019-04-272020-04-240001613103mdt:MinimallyInvasiveTherapiesGroupMembermdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMember2018-04-282019-04-260001613103mdt:MinimallyInvasiveTherapiesGroupMembermdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMember2017-04-292018-04-270001613103mdt:MinimallyInvasiveTherapiesGroupMembermdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMember2019-04-272020-04-240001613103mdt:MinimallyInvasiveTherapiesGroupMembermdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMember2018-04-282019-04-260001613103mdt:MinimallyInvasiveTherapiesGroupMembermdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMember2017-04-292018-04-270001613103mdt:RestorativeTherapiesGroupMembercountry:US2019-04-272020-04-240001613103mdt:RestorativeTherapiesGroupMembercountry:US2018-04-282019-04-260001613103mdt:RestorativeTherapiesGroupMembercountry:US2017-04-292018-04-270001613103mdt:RestorativeTherapiesGroupMembermdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMember2019-04-272020-04-240001613103mdt:RestorativeTherapiesGroupMembermdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMember2018-04-282019-04-260001613103mdt:RestorativeTherapiesGroupMembermdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMember2017-04-292018-04-270001613103mdt:RestorativeTherapiesGroupMembermdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMember2019-04-272020-04-240001613103mdt:RestorativeTherapiesGroupMembermdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMember2018-04-282019-04-260001613103mdt:RestorativeTherapiesGroupMembermdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMember2017-04-292018-04-270001613103country:USmdt:DiabetesGroupMember2019-04-272020-04-240001613103country:USmdt:DiabetesGroupMember2018-04-282019-04-260001613103country:USmdt:DiabetesGroupMember2017-04-292018-04-270001613103mdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMembermdt:DiabetesGroupMember2019-04-272020-04-240001613103mdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMembermdt:DiabetesGroupMember2018-04-282019-04-260001613103mdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMembermdt:DiabetesGroupMember2017-04-292018-04-270001613103mdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMembermdt:DiabetesGroupMember2019-04-272020-04-240001613103mdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMembermdt:DiabetesGroupMember2018-04-282019-04-260001613103mdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMembermdt:DiabetesGroupMember2017-04-292018-04-270001613103country:US2019-04-272020-04-240001613103country:US2018-04-282019-04-260001613103country:US2017-04-292018-04-270001613103mdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMember2019-04-272020-04-240001613103mdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMember2018-04-282019-04-260001613103mdt:JapanAustraliaNewZealandKoreaCanadaandWesternEuropeMember2017-04-292018-04-270001613103mdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMember2019-04-272020-04-240001613103mdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMember2018-04-282019-04-260001613103mdt:MiddleEastAfricaLatinAmericaEasternEuropeandAsiaExcludingJapanandKoreaMember2017-04-292018-04-270001613103mdt:OtherAccruedExpensesMember2020-04-240001613103us-gaap:AccountsReceivableMember2020-04-240001613103mdt:OtherAccruedExpensesMember2019-04-260001613103us-gaap:AccountsReceivableMember2019-04-260001613103us-gaap:OtherLiabilitiesMember2020-04-240001613103us-gaap:OtherLiabilitiesMember2019-04-260001613103mdt:AllBusinessAcquisitionsMember2020-04-240001613103mdt:AllBusinessAcquisitionsMemberus-gaap:TechnologyBasedIntangibleAssetsMember2020-04-240001613103us-gaap:CustomerRelatedIntangibleAssetsMembermdt:AllBusinessAcquisitionsMember2020-04-240001613103us-gaap:CustomerRelatedIntangibleAssetsMembermdt:AllBusinessAcquisitionsMembersrt:MinimumMember2019-04-272020-04-240001613103mdt:AllBusinessAcquisitionsMembersrt:MinimumMemberus-gaap:TechnologyBasedIntangibleAssetsMember2019-04-272020-04-240001613103us-gaap:CustomerRelatedIntangibleAssetsMembermdt:AllBusinessAcquisitionsMembersrt:MaximumMember2019-04-272020-04-240001613103mdt:AllBusinessAcquisitionsMembersrt:MaximumMemberus-gaap:TechnologyBasedIntangibleAssetsMember2019-04-272020-04-240001613103mdt:AllBusinessAcquisitionsMember2019-04-272020-04-240001613103mdt:MazorRoboticsMember2018-12-182018-12-180001613103mdt:MazorRoboticsMemberus-gaap:TechnologyBasedIntangibleAssetsMember2018-12-180001613103us-gaap:TradeNamesMembermdt:MazorRoboticsMember2018-12-180001613103us-gaap:TradeNamesMembermdt:MazorRoboticsMember2018-12-182018-12-180001613103mdt:MazorRoboticsMemberus-gaap:TechnologyBasedIntangibleAssetsMember2018-12-182018-12-180001613103mdt:MazorRoboticsMember2018-04-282019-04-260001613103mdt:MazorRoboticsMember2018-12-192020-01-240001613103mdt:MazorRoboticsMember2018-12-180001613103us-gaap:SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember2019-04-260001613103us-gaap:InProcessResearchAndDevelopmentMemberus-gaap:SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember2018-04-282019-04-260001613103us-gaap:SeriesOfIndividuallyImmaterialBusinessAcquisitionsMemberus-gaap:TechnologyBasedIntangibleAssetsMember2019-04-260001613103srt:MinimumMemberus-gaap:SeriesOfIndividuallyImmaterialBusinessAcquisitionsMemberus-gaap:TechnologyBasedIntangibleAssetsMember2018-04-282019-04-260001613103us-gaap:SeriesOfIndividuallyImmaterialBusinessAcquisitionsMembersrt:MaximumMemberus-gaap:TechnologyBasedIntangibleAssetsMember2018-04-282019-04-260001613103us-gaap:CustomerRelatedIntangibleAssetsMemberus-gaap:SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember2019-04-260001613103us-gaap:CustomerRelatedIntangibleAssetsMembersrt:MinimumMemberus-gaap:SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember2018-04-282019-04-260001613103us-gaap:CustomerRelatedIntangibleAssetsMemberus-gaap:SeriesOfIndividuallyImmaterialBusinessAcquisitionsMembersrt:MaximumMember2018-04-282019-04-260001613103us-gaap:SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember2018-04-282019-04-260001613103us-gaap:InProcessResearchAndDevelopmentMember2019-04-272020-04-240001613103us-gaap:InProcessResearchAndDevelopmentMember2017-04-292018-04-270001613103us-gaap:InProcessResearchAndDevelopmentMember2018-04-282019-04-26xbrli:pure0001613103mdt:RevenueMilestoneMemberus-gaap:FairValueMeasurementsRecurringMembersrt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103mdt:RevenueMilestoneMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Membersrt:MaximumMember2020-04-240001613103mdt:RevenueMilestoneMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103mdt:RevenueMilestoneMembermdt:MeasurementInputProbabilityofPaymentMemberus-gaap:FairValueMeasurementsRecurringMembersrt:MinimumMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103mdt:RevenueMilestoneMembermdt:MeasurementInputProbabilityofPaymentMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Membersrt:MaximumMember2020-04-240001613103us-gaap:FairValueMeasurementsRecurringMembermdt:ProductDevelopmentMilestoneMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103us-gaap:FairValueMeasurementsRecurringMembermdt:ProductDevelopmentMilestoneMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103mdt:MeasurementInputProbabilityofPaymentMemberus-gaap:FairValueMeasurementsRecurringMembermdt:ProductDevelopmentMilestoneMembersrt:MinimumMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103mdt:MeasurementInputProbabilityofPaymentMemberus-gaap:FairValueMeasurementsRecurringMembermdt:ProductDevelopmentMilestoneMemberus-gaap:FairValueInputsLevel3Membersrt:MaximumMember2020-04-240001613103mdt:PatientCareDeepVeinThrombosisandNutritionalInsufficiencyBusinessMember2017-07-292017-07-29mdt:site0001613103us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMembermdt:PatientCareDeepVeinThrombosisandNutritionalInsufficiencyBusinessMember2017-04-292018-04-270001613103mdt:EnterpriseExcellenceMembersrt:MinimumMembermdt:PreTaxExitandDisposalCostsMember2020-04-240001613103mdt:EnterpriseExcellenceMembermdt:PreTaxExitandDisposalCostsMembersrt:MaximumMember2020-04-240001613103mdt:EnterpriseExcellenceMember2019-04-272020-04-240001613103mdt:EnterpriseExcellenceMember2018-04-282019-04-260001613103mdt:EnterpriseExcellenceMember2017-04-292018-04-270001613103mdt:EnterpriseExcellenceMemberus-gaap:CostOfSalesMember2019-04-272020-04-240001613103mdt:EnterpriseExcellenceMemberus-gaap:CostOfSalesMember2018-04-282019-04-260001613103mdt:EnterpriseExcellenceMemberus-gaap:CostOfSalesMember2017-04-292018-04-270001613103mdt:EnterpriseExcellenceMemberus-gaap:SellingGeneralAndAdministrativeExpensesMember2019-04-272020-04-240001613103mdt:EnterpriseExcellenceMemberus-gaap:SellingGeneralAndAdministrativeExpensesMember2018-04-282019-04-260001613103mdt:EnterpriseExcellenceMemberus-gaap:SellingGeneralAndAdministrativeExpensesMember2017-04-292018-04-270001613103us-gaap:EmployeeSeveranceMembermdt:EnterpriseExcellenceMember2017-04-280001613103mdt:EnterpriseExcellenceMembermdt:AssociatedCostsMember2017-04-280001613103mdt:EnterpriseExcellenceMembermdt:AssetWriteDownsMember2017-04-280001613103mdt:EnterpriseExcellenceMemberus-gaap:OtherRestructuringMember2017-04-280001613103mdt:EnterpriseExcellenceMember2017-04-280001613103us-gaap:EmployeeSeveranceMembermdt:EnterpriseExcellenceMember2017-04-292018-04-270001613103mdt:EnterpriseExcellenceMembermdt:AssociatedCostsMember2017-04-292018-04-270001613103mdt:EnterpriseExcellenceMembermdt:AssetWriteDownsMember2017-04-292018-04-270001613103mdt:EnterpriseExcellenceMemberus-gaap:OtherRestructuringMember2017-04-292018-04-270001613103us-gaap:EmployeeSeveranceMembermdt:EnterpriseExcellenceMember2018-04-270001613103mdt:EnterpriseExcellenceMembermdt:AssociatedCostsMember2018-04-270001613103mdt:EnterpriseExcellenceMembermdt:AssetWriteDownsMember2018-04-270001613103mdt:EnterpriseExcellenceMemberus-gaap:OtherRestructuringMember2018-04-270001613103mdt:EnterpriseExcellenceMember2018-04-270001613103us-gaap:EmployeeSeveranceMembermdt:EnterpriseExcellenceMember2018-04-282019-04-260001613103mdt:EnterpriseExcellenceMembermdt:AssociatedCostsMember2018-04-282019-04-260001613103mdt:EnterpriseExcellenceMembermdt:AssetWriteDownsMember2018-04-282019-04-260001613103mdt:EnterpriseExcellenceMemberus-gaap:OtherRestructuringMember2018-04-282019-04-260001613103us-gaap:EmployeeSeveranceMembermdt:EnterpriseExcellenceMember2019-04-260001613103mdt:EnterpriseExcellenceMembermdt:AssociatedCostsMember2019-04-260001613103mdt:EnterpriseExcellenceMembermdt:AssetWriteDownsMember2019-04-260001613103mdt:EnterpriseExcellenceMemberus-gaap:OtherRestructuringMember2019-04-260001613103mdt:EnterpriseExcellenceMember2019-04-260001613103us-gaap:EmployeeSeveranceMembermdt:EnterpriseExcellenceMember2019-04-272020-04-240001613103mdt:EnterpriseExcellenceMembermdt:AssociatedCostsMember2019-04-272020-04-240001613103mdt:EnterpriseExcellenceMembermdt:AssetWriteDownsMember2019-04-272020-04-240001613103mdt:EnterpriseExcellenceMemberus-gaap:OtherRestructuringMember2019-04-272020-04-240001613103us-gaap:EmployeeSeveranceMembermdt:EnterpriseExcellenceMember2020-04-240001613103mdt:EnterpriseExcellenceMembermdt:AssociatedCostsMember2020-04-240001613103mdt:EnterpriseExcellenceMembermdt:AssetWriteDownsMember2020-04-240001613103mdt:EnterpriseExcellenceMemberus-gaap:OtherRestructuringMember2020-04-240001613103mdt:EnterpriseExcellenceMember2020-04-240001613103mdt:CostSynergiesInitiativeMember2017-04-292018-04-270001613103us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2020-04-240001613103us-gaap:InvestmentsMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2020-04-240001613103us-gaap:OtherAssetsMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2020-04-240001613103us-gaap:FairValueInputsLevel2Memberus-gaap:CorporateDebtSecuritiesMember2020-04-240001613103us-gaap:InvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CorporateDebtSecuritiesMember2020-04-240001613103us-gaap:OtherAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CorporateDebtSecuritiesMember2020-04-240001613103us-gaap:FairValueInputsLevel2Memberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-04-240001613103us-gaap:InvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-04-240001613103us-gaap:OtherAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-04-240001613103us-gaap:MortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103us-gaap:InvestmentsMemberus-gaap:MortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103us-gaap:OtherAssetsMemberus-gaap:MortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103us-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103us-gaap:InvestmentsMemberus-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103us-gaap:OtherAssetsMemberus-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103us-gaap:FairValueInputsLevel2Memberus-gaap:AssetBackedSecuritiesMember2020-04-240001613103us-gaap:InvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:AssetBackedSecuritiesMember2020-04-240001613103us-gaap:OtherAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:AssetBackedSecuritiesMember2020-04-240001613103us-gaap:FairValueInputsLevel2Member2020-04-240001613103us-gaap:InvestmentsMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103us-gaap:OtherAssetsMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103us-gaap:AuctionRateSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103us-gaap:InvestmentsMemberus-gaap:AuctionRateSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103us-gaap:OtherAssetsMemberus-gaap:AuctionRateSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103us-gaap:InvestmentsMember2020-04-240001613103us-gaap:OtherAssetsMember2020-04-240001613103us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2019-04-260001613103us-gaap:InvestmentsMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2019-04-260001613103us-gaap:OtherAssetsMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2019-04-260001613103us-gaap:FairValueInputsLevel2Memberus-gaap:CorporateDebtSecuritiesMember2019-04-260001613103us-gaap:InvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CorporateDebtSecuritiesMember2019-04-260001613103us-gaap:OtherAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CorporateDebtSecuritiesMember2019-04-260001613103us-gaap:FairValueInputsLevel2Memberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2019-04-260001613103us-gaap:InvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2019-04-260001613103us-gaap:OtherAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2019-04-260001613103us-gaap:MortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103us-gaap:InvestmentsMemberus-gaap:MortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103us-gaap:OtherAssetsMemberus-gaap:MortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103us-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103us-gaap:InvestmentsMemberus-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103us-gaap:OtherAssetsMemberus-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103us-gaap:FairValueInputsLevel2Memberus-gaap:AssetBackedSecuritiesMember2019-04-260001613103us-gaap:InvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:AssetBackedSecuritiesMember2019-04-260001613103us-gaap:OtherAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:AssetBackedSecuritiesMember2019-04-260001613103us-gaap:FairValueInputsLevel2Member2019-04-260001613103us-gaap:InvestmentsMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103us-gaap:OtherAssetsMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103us-gaap:AuctionRateSecuritiesMemberus-gaap:FairValueInputsLevel3Member2019-04-260001613103us-gaap:InvestmentsMemberus-gaap:AuctionRateSecuritiesMemberus-gaap:FairValueInputsLevel3Member2019-04-260001613103us-gaap:OtherAssetsMemberus-gaap:AuctionRateSecuritiesMemberus-gaap:FairValueInputsLevel3Member2019-04-260001613103us-gaap:InvestmentsMember2019-04-260001613103us-gaap:OtherAssetsMember2019-04-260001613103us-gaap:CorporateDebtSecuritiesMember2020-04-240001613103us-gaap:MortgageBackedSecuritiesMember2020-04-240001613103us-gaap:AssetBackedSecuritiesMember2020-04-240001613103us-gaap:AuctionRateSecuritiesMember2020-04-240001613103us-gaap:USGovernmentAgenciesDebtSecuritiesMember2019-04-260001613103us-gaap:CorporateDebtSecuritiesMember2019-04-260001613103us-gaap:MortgageBackedSecuritiesMember2019-04-260001613103us-gaap:AssetBackedSecuritiesMember2019-04-260001613103us-gaap:AuctionRateSecuritiesMember2019-04-260001613103mdt:EquityInvestmentsMember2019-04-272020-04-240001613103mdt:EquityInvestmentsMember2018-04-282019-04-260001613103mdt:EquityInvestmentsMember2017-04-292018-04-270001613103us-gaap:NotesPayableToBanksMember2020-04-240001613103us-gaap:NotesPayableToBanksMember2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2021Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2021Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2021Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2021FloatingMember2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2021FloatingMember2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2021FloatingMember2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2015Due2020FloatingMember2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2015Due2020FloatingMember2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2015Due2020FloatingMember2019-04-260001613103us-gaap:NotesPayableToBanksMembersrt:MinimumMember2020-04-240001613103us-gaap:CommercialPaperMember2020-04-240001613103us-gaap:CommercialPaperMember2019-04-260001613103us-gaap:CommercialPaperMember2019-04-272020-04-240001613103us-gaap:CommercialPaperMember2018-04-282019-04-260001613103mdt:AmendedandRestatedRevolvingCreditAgreementMemberus-gaap:LineOfCreditMember2019-12-120001613103mdt:AmendedandRestatedRevolvingCreditAgreementMemberus-gaap:LineOfCreditMember2019-12-122019-12-120001613103mdt:AmendedandRestatedRevolvingCreditAgreementMemberus-gaap:LineOfCreditMember2020-04-240001613103mdt:AmendedandRestatedRevolvingCreditAgreementMemberus-gaap:LineOfCreditMember2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2011Due2021Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2011Due2021Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2011Due2021Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2015Due2022Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2015Due2022Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2015Due2022Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2012Due2022Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2012Due2022Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2012Due2022Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotesCIFSA2012Due2023Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotesCIFSA2012Due2023Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotesCIFSA2012Due2023Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2023Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2023Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2023Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2013Due2023Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2013Due2023Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2013Due2023Member2019-04-260001613103mdt:SeniorNotes2019Due20230.000PercentMemberus-gaap:SeniorNotesMember2020-04-240001613103mdt:SeniorNotes2019Due20230.000PercentMemberus-gaap:SeniorNotesMember2019-04-272020-04-240001613103mdt:SeniorNotes2019Due20230.000PercentMemberus-gaap:SeniorNotesMember2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotesCIFSA2013Due2024Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotesCIFSA2013Due2024Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotesCIFSA2013Due2024Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2014Due2024Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2014Due2024Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2014Due2024Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2015Due2025Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2015Due2025Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2015Due2025Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2026Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2026Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2026Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2027Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2027Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2027Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2017Due2027Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2017Due2027Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2017Due2027Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2031Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2031Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2031Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2032Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2032Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2032Member2019-04-260001613103mdt:SeniorNotes2015Due2035Memberus-gaap:SeniorNotesMember2020-04-240001613103mdt:SeniorNotes2015Due2035Memberus-gaap:SeniorNotesMember2019-04-272020-04-240001613103mdt:SeniorNotes2015Due2035Memberus-gaap:SeniorNotesMember2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotesCIFSA2007Due2038Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotesCIFSA2007Due2038Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotesCIFSA2007Due2038Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2039Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2039Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2039Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2009Due2039Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2009Due2039Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2009Due2039Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2010Due2040Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2010Due2040Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2010Due2040Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2040Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2040Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2040Member2019-04-260001613103mdt:SeniorNotes2012Due2042Memberus-gaap:SeniorNotesMember2020-04-240001613103mdt:SeniorNotes2012Due2042Memberus-gaap:SeniorNotesMember2019-04-272020-04-240001613103mdt:SeniorNotes2012Due2042Memberus-gaap:SeniorNotesMember2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2013Due2043Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2013Due2043Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2013Due2043Member2019-04-260001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2014Due2044Member2020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2014Due2044Member2019-04-272020-04-240001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2014Due2044Member2019-04-260001613103mdt:SeniorNotes2015Due2045Memberus-gaap:SeniorNotesMember2020-04-240001613103mdt:SeniorNotes2015Due2045Memberus-gaap:SeniorNotesMember2019-04-272020-04-240001613103mdt:SeniorNotes2015Due2045Memberus-gaap:SeniorNotesMember2019-04-260001613103mdt:SeniorNotes2019Due2050Memberus-gaap:SeniorNotesMember2020-04-240001613103mdt:SeniorNotes2019Due2050Memberus-gaap:SeniorNotesMember2019-04-272020-04-240001613103mdt:SeniorNotes2019Due2050Memberus-gaap:SeniorNotesMember2019-04-260001613103us-gaap:NotesPayableToBanksMember2020-04-240001613103us-gaap:NotesPayableToBanksMember2019-04-260001613103us-gaap:InterestRateSwapMember2020-04-240001613103us-gaap:InterestRateSwapMember2019-04-26mdt:tranche0001613103mdt:SeniorNotes2019Memberus-gaap:SeniorNotesMembermdt:MedtronicLuxcoMember2019-03-31iso4217:EUR0001613103mdt:SeniorNotes2019Memberus-gaap:SeniorNotesMembermdt:MedtronicLuxcoMember2019-03-012019-03-310001613103us-gaap:SeniorNotesMembermdt:MedtronicLuxcoMembermdt:SeniorNotes2019Due2021FloatingMember2019-03-310001613103us-gaap:SeniorNotesMembermdt:MedtronicLuxcoMembermdt:SeniorNotes2019Due2021Member2019-03-310001613103us-gaap:SeniorNotesMembermdt:MedtronicLuxcoMembermdt:SeniorNotes2019Due2023Member2019-03-310001613103us-gaap:SeniorNotesMembermdt:MedtronicLuxcoMembermdt:SeniorNotes2019Due2027Member2019-03-310001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2031Membermdt:MedtronicLuxcoMember2019-03-310001613103us-gaap:SeniorNotesMembermdt:MedtronicLuxcoMembermdt:SeniorNotes2019Due2039Member2019-03-310001613103us-gaap:SeniorNotesMembermdt:MedtronicIncAndCIFSASeniorNotesMember2019-03-310001613103us-gaap:SeniorNotesMembermdt:MedtronicIncAndCIFSASeniorNotesMember2019-03-012019-03-310001613103mdt:SeniorNotes2019Memberus-gaap:SeniorNotesMembermdt:MedtronicLuxcoMember2019-06-300001613103mdt:SeniorNotes2019Memberus-gaap:SeniorNotesMembermdt:MedtronicLuxcoMember2019-06-012019-06-300001613103us-gaap:SeniorNotesMembermdt:MedtronicLuxcoMembermdt:SeniorNotes2019Due2021FloatingMember2019-06-300001613103mdt:SeniorNotes2019Due20230.000PercentMemberus-gaap:SeniorNotesMembermdt:MedtronicLuxcoMember2019-06-300001613103us-gaap:SeniorNotesMembermdt:MedtronicLuxcoMembermdt:SeniorNotes2019Due2026Member2019-06-300001613103us-gaap:SeniorNotesMembermdt:MedtronicLuxcoMembermdt:SeniorNotes2019Due2032Member2019-06-300001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2019Due2040Membermdt:MedtronicLuxcoMember2019-06-300001613103mdt:SeniorNotes2019Due2050Memberus-gaap:SeniorNotesMembermdt:MedtronicLuxcoMember2019-06-300001613103us-gaap:SeniorNotesMembermdt:MedtronicIncCIFSAandMedtronicLuxcoSeniorNotesMember2019-07-310001613103us-gaap:SeniorNotesMembermdt:MedtronicIncCIFSAandMedtronicLuxcoSeniorNotesMember2019-07-012019-07-310001613103us-gaap:SeniorNotesMembermdt:MedtronicIncCIFSAandMedtronicLuxcoSeniorNotesMember2019-04-272019-07-260001613103us-gaap:SeniorNotesMembermdt:MedtronicIncCIFSAandMedtronicLuxcoSeniorNotesMember2019-08-012019-08-300001613103us-gaap:SeniorNotesMembermdt:SeniorNotes2015Due2020FloatingMember2020-03-012020-03-31iso4217:JPY0001613103us-gaap:UnsecuredDebtMembermdt:MedtronicLuxcoMemberus-gaap:SubsequentEventMember2020-05-120001613103us-gaap:UnsecuredDebtMembermdt:MedtronicLuxcoMemberus-gaap:SubsequentEventMember2020-05-122020-05-120001613103us-gaap:UnsecuredDebtMembermdt:TIBORMembermdt:MedtronicLuxcoMemberus-gaap:SubsequentEventMember2020-05-122020-05-12mdt:extension0001613103mdt:AmendedandRestatedRevolvingCreditAgreementMemberus-gaap:LineOfCreditMember2018-12-122018-12-120001613103us-gaap:ForeignExchangeContractMember2020-04-240001613103us-gaap:ForeignExchangeContractMember2019-04-260001613103us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMember2020-04-240001613103us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMember2019-04-260001613103us-gaap:NondesignatedMemberus-gaap:TotalReturnSwapMember2020-04-240001613103us-gaap:NondesignatedMemberus-gaap:TotalReturnSwapMember2019-04-260001613103us-gaap:OtherOperatingIncomeExpenseMemberus-gaap:ForeignExchangeContractMember2019-04-272020-04-240001613103us-gaap:OtherOperatingIncomeExpenseMemberus-gaap:ForeignExchangeContractMember2018-04-282019-04-260001613103us-gaap:OtherOperatingIncomeExpenseMemberus-gaap:ForeignExchangeContractMember2017-04-292018-04-270001613103us-gaap:OtherOperatingIncomeExpenseMemberus-gaap:TotalReturnSwapMember2019-04-272020-04-240001613103us-gaap:OtherOperatingIncomeExpenseMemberus-gaap:TotalReturnSwapMember2018-04-282019-04-260001613103us-gaap:OtherOperatingIncomeExpenseMemberus-gaap:TotalReturnSwapMember2017-04-292018-04-270001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMember2020-04-240001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMember2019-04-260001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMember2019-04-272020-04-240001613103us-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMember2019-04-272020-04-240001613103us-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMember2018-04-282019-04-260001613103us-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMember2017-04-292018-04-270001613103us-gaap:OtherOperatingIncomeExpenseMemberus-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMember2019-04-272020-04-240001613103us-gaap:OtherOperatingIncomeExpenseMemberus-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMember2018-04-282019-04-260001613103us-gaap:OtherOperatingIncomeExpenseMemberus-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMember2017-04-292018-04-27mdt:derivative0001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMemberus-gaap:InterestRateSwapMember2020-04-240001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMemberus-gaap:InterestRateSwapMember2019-04-260001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:SeniorNotesMemberus-gaap:FairValueHedgingMemberus-gaap:InterestRateSwapMembermdt:SeniorNotes2011Due2021Member2019-04-260001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:SeniorNotesMemberus-gaap:FairValueHedgingMemberus-gaap:InterestRateSwapMembermdt:SeniorNotes2012Due2022Member2019-04-260001613103us-gaap:LongTermDebtMember2020-04-240001613103us-gaap:LongTermDebtMember2019-04-260001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMember2020-04-240001613103us-gaap:OtherOperatingIncomeExpenseMemberus-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMember2019-04-272020-04-240001613103us-gaap:OtherOperatingIncomeExpenseMemberus-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMember2018-04-282019-04-260001613103us-gaap:OtherOperatingIncomeExpenseMemberus-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMember2017-04-292018-04-270001613103us-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMember2019-04-272020-04-240001613103us-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMember2018-04-282019-04-260001613103us-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMember2017-04-292018-04-270001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:ForeignExchangeContractMember2020-04-240001613103us-gaap:DesignatedAsHedgingInstrumentMembermdt:OtherAccruedExpensesMemberus-gaap:ForeignExchangeContractMember2020-04-240001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherAssetsMemberus-gaap:ForeignExchangeContractMember2020-04-240001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherLiabilitiesMemberus-gaap:ForeignExchangeContractMember2020-04-240001613103us-gaap:DesignatedAsHedgingInstrumentMember2020-04-240001613103us-gaap:NondesignatedMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:ForeignExchangeContractMember2020-04-240001613103us-gaap:NondesignatedMembermdt:OtherAccruedExpensesMemberus-gaap:ForeignExchangeContractMember2020-04-240001613103us-gaap:NondesignatedMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:TotalReturnSwapMember2020-04-240001613103us-gaap:NondesignatedMemberus-gaap:TotalReturnSwapMembermdt:OtherAccruedExpensesMember2020-04-240001613103us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NondesignatedMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2020-04-240001613103us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NondesignatedMembermdt:OtherAccruedExpensesMember2020-04-240001613103us-gaap:NondesignatedMember2020-04-240001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:ForeignExchangeContractMember2019-04-260001613103us-gaap:DesignatedAsHedgingInstrumentMembermdt:OtherAccruedExpensesMemberus-gaap:ForeignExchangeContractMember2019-04-260001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherAssetsMemberus-gaap:InterestRateContractMember2019-04-260001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:OtherLiabilitiesMember2019-04-260001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherAssetsMemberus-gaap:ForeignExchangeContractMember2019-04-260001613103us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherLiabilitiesMemberus-gaap:ForeignExchangeContractMember2019-04-260001613103us-gaap:DesignatedAsHedgingInstrumentMember2019-04-260001613103us-gaap:NondesignatedMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:ForeignExchangeContractMember2019-04-260001613103us-gaap:NondesignatedMembermdt:OtherAccruedExpensesMemberus-gaap:ForeignExchangeContractMember2019-04-260001613103us-gaap:NondesignatedMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:TotalReturnSwapMember2019-04-260001613103us-gaap:NondesignatedMemberus-gaap:TotalReturnSwapMembermdt:OtherAccruedExpensesMember2019-04-260001613103us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NondesignatedMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2019-04-260001613103us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NondesignatedMembermdt:OtherAccruedExpensesMember2019-04-260001613103us-gaap:NondesignatedMember2019-04-260001613103us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-04-240001613103us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2019-04-260001613103us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103us-gaap:CrossCurrencyInterestRateContractMember2020-04-240001613103us-gaap:TotalReturnSwapMember2020-04-240001613103us-gaap:InterestRateContractMember2019-04-260001613103us-gaap:TotalReturnSwapMember2019-04-260001613103us-gaap:CrossCurrencyInterestRateContractMember2019-04-260001613103mdt:CardiacAndVascularGroupMember2018-04-270001613103mdt:MinimallyInvasiveTherapiesGroupMember2018-04-270001613103mdt:RestorativeTherapiesGroupMember2018-04-270001613103mdt:DiabetesGroupMember2018-04-270001613103mdt:CardiacAndVascularGroupMember2019-04-260001613103mdt:MinimallyInvasiveTherapiesGroupMember2019-04-260001613103mdt:RestorativeTherapiesGroupMember2019-04-260001613103mdt:DiabetesGroupMember2019-04-260001613103mdt:CardiacAndVascularGroupMember2020-04-240001613103mdt:MinimallyInvasiveTherapiesGroupMember2020-04-240001613103mdt:RestorativeTherapiesGroupMember2020-04-240001613103mdt:DiabetesGroupMember2020-04-240001613103us-gaap:CustomerRelatedIntangibleAssetsMember2020-04-240001613103us-gaap:CustomerRelatedIntangibleAssetsMember2019-04-260001613103mdt:PurchasedTechnologyAndPatentsMember2020-04-240001613103mdt:PurchasedTechnologyAndPatentsMember2019-04-260001613103us-gaap:TrademarksAndTradeNamesMember2020-04-240001613103us-gaap:TrademarksAndTradeNamesMember2019-04-260001613103us-gaap:OtherIntangibleAssetsMember2020-04-240001613103us-gaap:OtherIntangibleAssetsMember2019-04-260001613103us-gaap:InProcessResearchAndDevelopmentMember2020-04-240001613103us-gaap:InProcessResearchAndDevelopmentMember2019-04-260001613103us-gaap:EquipmentMember2020-04-240001613103us-gaap:EquipmentMember2019-04-260001613103us-gaap:EquipmentMembersrt:MinimumMember2019-04-272020-04-240001613103us-gaap:EquipmentMembersrt:MaximumMember2019-04-272020-04-240001613103us-gaap:EquipmentMember2019-04-272020-04-240001613103us-gaap:ComputerSoftwareIntangibleAssetMember2020-04-240001613103us-gaap:ComputerSoftwareIntangibleAssetMember2019-04-260001613103us-gaap:ComputerSoftwareIntangibleAssetMembersrt:MaximumMember2019-04-272020-04-240001613103us-gaap:LandAndLandImprovementsMember2020-04-240001613103us-gaap:LandAndLandImprovementsMember2019-04-260001613103us-gaap:LandAndLandImprovementsMembersrt:MaximumMember2019-04-272020-04-240001613103mdt:BuildingsAndLeaseholdImprovementsMember2020-04-240001613103mdt:BuildingsAndLeaseholdImprovementsMember2019-04-260001613103mdt:BuildingsAndLeaseholdImprovementsMembersrt:MaximumMember2019-04-272020-04-240001613103us-gaap:ConstructionInProgressMember2020-04-240001613103us-gaap:ConstructionInProgressMember2019-04-26iso4217:EURxbrli:shares0001613103us-gaap:SeriesAPreferredStockMember2020-04-2400016131032017-06-3000016131032019-03-3100016131032017-06-012020-04-240001613103mdt:TwoThousandandThirteenStockAwardandIncentivePlanMember2020-04-240001613103us-gaap:EmployeeStockOptionMember2019-04-272020-04-240001613103us-gaap:RestrictedStockMember2020-04-240001613103us-gaap:RestrictedStockUnitsRSUMember2019-04-272020-04-240001613103mdt:PerformanceBasedRestrictedStockAwardMember2019-04-272020-04-240001613103mdt:EmployeesStockPurchasePlanMember2019-04-272020-04-240001613103mdt:EmployeesStockPurchasePlanMember2020-04-240001613103us-gaap:EmployeeStockOptionMember2018-04-282019-04-260001613103us-gaap:EmployeeStockOptionMember2017-04-292018-04-270001613103us-gaap:RestrictedStockUnitsRSUMember2018-04-282019-04-260001613103us-gaap:RestrictedStockUnitsRSUMember2017-04-292018-04-270001613103mdt:EmployeesStockPurchasePlanMember2018-04-282019-04-260001613103mdt:EmployeesStockPurchasePlanMember2017-04-292018-04-270001613103us-gaap:CostOfSalesMember2019-04-272020-04-240001613103us-gaap:CostOfSalesMember2018-04-282019-04-260001613103us-gaap:CostOfSalesMember2017-04-292018-04-270001613103us-gaap:ResearchAndDevelopmentExpenseMember2019-04-272020-04-240001613103us-gaap:ResearchAndDevelopmentExpenseMember2018-04-282019-04-260001613103us-gaap:ResearchAndDevelopmentExpenseMember2017-04-292018-04-270001613103us-gaap:SellingGeneralAndAdministrativeExpensesMember2019-04-272020-04-240001613103us-gaap:SellingGeneralAndAdministrativeExpensesMember2018-04-282019-04-260001613103us-gaap:SellingGeneralAndAdministrativeExpensesMember2017-04-292018-04-270001613103us-gaap:EmployeeStockOptionMember2019-04-260001613103us-gaap:EmployeeStockOptionMember2020-04-240001613103us-gaap:RestrictedStockUnitsRSUMember2019-04-260001613103us-gaap:RestrictedStockUnitsRSUMember2020-04-240001613103us-gaap:ForeignCountryMember2020-04-240001613103us-gaap:ForeignCountryMembersrt:SubsidiariesMember2020-04-240001613103us-gaap:DomesticCountryMember2020-04-240001613103us-gaap:StateAndLocalJurisdictionMember2020-04-240001613103mdt:AmortizableAssetCreatedForSwissFederalIncomeTaxPurposesMember2019-04-272020-04-240001613103us-gaap:ForeignCountryMember2019-04-272020-04-240001613103us-gaap:ForeignCountryMember2018-04-282019-04-260001613103us-gaap:ForeignCountryMember2017-04-292018-04-270001613103mdt:TaxYear2005ThroughTaxYear2014Memberus-gaap:InternalRevenueServiceIRSMember2017-04-292018-04-270001613103us-gaap:EmployeeStockOptionMember2019-04-272020-04-240001613103us-gaap:EmployeeStockOptionMember2018-04-282019-04-260001613103us-gaap:EmployeeStockOptionMember2017-04-292018-04-270001613103country:USus-gaap:PensionPlansDefinedBenefitMember2019-04-272020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMember2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMember2018-04-270001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMember2018-04-270001613103country:USus-gaap:PensionPlansDefinedBenefitMember2018-04-282019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMember2019-04-272020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMember2018-04-282019-04-260001613103us-gaap:PensionPlansDefinedBenefitMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMember2017-04-292018-04-270001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMember2017-04-292018-04-270001613103country:USus-gaap:PensionPlansDefinedBenefitMembersrt:MinimumMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMembersrt:MaximumMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMembersrt:MinimumMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMembersrt:MaximumMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMembersrt:MinimumMember2018-04-270001613103country:USus-gaap:PensionPlansDefinedBenefitMembersrt:MaximumMember2018-04-270001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembersrt:MinimumMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembersrt:MaximumMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembersrt:MinimumMember2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembersrt:MaximumMember2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembersrt:MinimumMember2018-04-270001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembersrt:MaximumMember2018-04-270001613103country:USus-gaap:PensionPlansDefinedBenefitMembersrt:MinimumMember2019-04-272020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMembersrt:MaximumMember2019-04-272020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMembersrt:MinimumMember2018-04-282019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMembersrt:MaximumMember2018-04-282019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMembersrt:MinimumMember2017-04-292018-04-270001613103country:USus-gaap:PensionPlansDefinedBenefitMembersrt:MaximumMember2017-04-292018-04-270001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembersrt:MinimumMember2019-04-272020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembersrt:MaximumMember2019-04-272020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembersrt:MinimumMember2018-04-282019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembersrt:MaximumMember2018-04-282019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembersrt:MinimumMember2017-04-292018-04-270001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembersrt:MaximumMember2017-04-292018-04-270001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:DefinedBenefitPlanEquitySecuritiesMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:DefinedBenefitPlanDebtSecurityMemberus-gaap:ForeignPlanMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembermdt:OtherPlanAssetsMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:DefinedBenefitPlanEquitySecuritiesMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:DefinedBenefitPlanEquitySecuritiesMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:DefinedBenefitPlanDebtSecurityMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:DefinedBenefitPlanDebtSecurityMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMembermdt:OtherPlanAssetsMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMembermdt:OtherPlanAssetsMember2019-04-260001613103mdt:PartnershipsMembersrt:MinimumMember2019-04-272020-04-240001613103mdt:PartnershipsMembersrt:MaximumMember2019-04-272020-04-24mdt:fund0001613103us-gaap:PrivateEquityFundsMember2020-04-240001613103us-gaap:PrivateEquityFundsMember2019-04-272020-04-240001613103mdt:RealAssetInvestmentMembersrt:MinimumMember2019-04-272020-04-240001613103mdt:RealAssetInvestmentMembersrt:MaximumMember2019-04-272020-04-240001613103us-gaap:DefinedBenefitPlanRealEstateMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:ShortTermInvestmentsMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:ShortTermInvestmentsMemberus-gaap:FairValueInputsLevel1Member2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:ShortTermInvestmentsMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:ShortTermInvestmentsMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:EquityFundsMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:EquityFundsMemberus-gaap:FairValueInputsLevel1Member2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:EquityFundsMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:EquityFundsMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:EquityFundsMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FixedIncomeFundsMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FixedIncomeFundsMemberus-gaap:FairValueInputsLevel1Member2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FixedIncomeFundsMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FixedIncomeFundsMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:FixedIncomeFundsMember2020-04-240001613103mdt:PartnershipUnitsMembercountry:USus-gaap:PensionPlansDefinedBenefitMember2020-04-240001613103mdt:PartnershipUnitsMembercountry:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel1Member2020-04-240001613103mdt:PartnershipUnitsMembercountry:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103mdt:PartnershipUnitsMembercountry:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel1Member2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2020-04-240001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:ShortTermInvestmentsMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:ShortTermInvestmentsMemberus-gaap:FairValueInputsLevel1Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:ShortTermInvestmentsMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:ShortTermInvestmentsMemberus-gaap:FairValueInputsLevel3Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:USTreasurySecuritiesMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:USTreasurySecuritiesMemberus-gaap:FairValueInputsLevel1Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel2Memberus-gaap:USTreasurySecuritiesMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:USTreasurySecuritiesMemberus-gaap:FairValueInputsLevel3Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:CorporateDebtSecuritiesMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CorporateDebtSecuritiesMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:EquityFundsMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:EquityFundsMemberus-gaap:FairValueInputsLevel1Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:EquityFundsMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:EquityFundsMemberus-gaap:FairValueInputsLevel3Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:EquityFundsMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FixedIncomeFundsMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FixedIncomeFundsMemberus-gaap:FairValueInputsLevel1Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FixedIncomeFundsMember2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FixedIncomeFundsMemberus-gaap:FairValueInputsLevel3Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:FixedIncomeFundsMember2019-04-260001613103mdt:PartnershipUnitsMembercountry:USus-gaap:PensionPlansDefinedBenefitMember2019-04-260001613103mdt:PartnershipUnitsMembercountry:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel1Member2019-04-260001613103mdt:PartnershipUnitsMembercountry:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103mdt:PartnershipUnitsMembercountry:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel3Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel1Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel3Member2019-04-260001613103country:USus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2019-04-260001613103country:USmdt:PartnershipUnitsMemberus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel3Member2019-04-260001613103country:USmdt:PartnershipUnitsMemberus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel3Member2019-04-272020-04-240001613103country:USmdt:PartnershipUnitsMemberus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103country:USmdt:PartnershipUnitsMemberus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel3Member2018-04-270001613103country:USmdt:PartnershipUnitsMemberus-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueInputsLevel3Member2018-04-282019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembermdt:RegisteredInvestmentCompanyMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembermdt:RegisteredInvestmentCompanyMemberus-gaap:FairValueInputsLevel1Member2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel2Membermdt:RegisteredInvestmentCompanyMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembermdt:RegisteredInvestmentCompanyMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:ForeignPlanMembermdt:RegisteredInvestmentCompanyMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembermdt:InsuranceContractMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel1Membermdt:InsuranceContractMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel2Membermdt:InsuranceContractMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel3Membermdt:InsuranceContractMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel1Member2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel2Member2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel3Member2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:ForeignPlanMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembermdt:RegisteredInvestmentCompanyMember2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembermdt:RegisteredInvestmentCompanyMemberus-gaap:FairValueInputsLevel1Member2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel2Membermdt:RegisteredInvestmentCompanyMember2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembermdt:RegisteredInvestmentCompanyMemberus-gaap:FairValueInputsLevel3Member2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:ForeignPlanMembermdt:RegisteredInvestmentCompanyMember2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMembermdt:InsuranceContractMember2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel1Membermdt:InsuranceContractMember2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel2Membermdt:InsuranceContractMember2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel3Membermdt:InsuranceContractMember2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel1Member2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel2Member2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel3Member2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:ForeignPlanMember2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel3Membermdt:InsuranceContractMember2019-04-260001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel3Membermdt:InsuranceContractMember2019-04-272020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel3Membermdt:InsuranceContractMember2020-04-240001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel3Membermdt:InsuranceContractMember2018-04-270001613103us-gaap:PensionPlansDefinedBenefitMemberus-gaap:ForeignPlanMemberus-gaap:FairValueInputsLevel3Membermdt:InsuranceContractMember2018-04-282019-04-260001613103us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2019-04-272020-04-240001613103us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2018-04-282019-04-260001613103us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2017-04-292018-04-270001613103us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2020-04-240001613103us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2019-04-26mdt:plan0001613103country:US2005-05-010001613103mdt:PersonalInvestmentAccountMember2019-04-272020-04-240001613103mdt:PersonalInvestmentAccountMember2018-04-282019-04-260001613103mdt:PersonalInvestmentAccountMember2017-04-292018-04-270001613103mdt:MedtronicCoreContributionMember2019-04-272020-04-240001613103mdt:MedtronicCoreContributionMember2018-04-282019-04-260001613103mdt:MedtronicCoreContributionMember2017-04-292018-04-270001613103us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2017-04-280001613103us-gaap:AccumulatedTranslationAdjustmentMember2017-04-280001613103mdt:AccumulatedGainLossNetNetInvestmentHedgeParentMember2017-04-280001613103us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2017-04-280001613103us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2017-04-280001613103us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2017-04-292018-04-270001613103us-gaap:AccumulatedTranslationAdjustmentMember2017-04-292018-04-270001613103mdt:AccumulatedGainLossNetNetInvestmentHedgeParentMember2017-04-292018-04-270001613103us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2017-04-292018-04-270001613103us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2017-04-292018-04-270001613103srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2017-04-280001613103us-gaap:AccumulatedTranslationAdjustmentMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2017-04-280001613103mdt:AccumulatedGainLossNetNetInvestmentHedgeParentMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2017-04-280001613103srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2017-04-280001613103us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2017-04-280001613103us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2018-04-270001613103us-gaap:AccumulatedTranslationAdjustmentMember2018-04-270001613103mdt:AccumulatedGainLossNetNetInvestmentHedgeParentMember2018-04-270001613103us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2018-04-270001613103us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2018-04-270001613103us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2018-04-282019-04-260001613103us-gaap:AccumulatedTranslationAdjustmentMember2018-04-282019-04-260001613103mdt:AccumulatedGainLossNetNetInvestmentHedgeParentMember2018-04-282019-04-260001613103us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2018-04-282019-04-260001613103us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2018-04-282019-04-260001613103srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2018-04-270001613103us-gaap:AccumulatedTranslationAdjustmentMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2018-04-270001613103mdt:AccumulatedGainLossNetNetInvestmentHedgeParentMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2018-04-270001613103srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2018-04-270001613103us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2018-04-270001613103us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-04-260001613103us-gaap:AccumulatedTranslationAdjustmentMember2019-04-260001613103mdt:AccumulatedGainLossNetNetInvestmentHedgeParentMember2019-04-260001613103us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2019-04-260001613103us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2019-04-260001613103us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-04-272020-04-240001613103us-gaap:AccumulatedTranslationAdjustmentMember2019-04-272020-04-240001613103us-gaap:AociDerivativeQualifyingAsHedgeExcludedComponentParentMember2019-04-272020-04-240001613103us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2019-04-272020-04-240001613103us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2019-04-272020-04-240001613103us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-04-240001613103us-gaap:AccumulatedTranslationAdjustmentMember2020-04-240001613103us-gaap:AociDerivativeQualifyingAsHedgeExcludedComponentParentMember2020-04-240001613103us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-04-240001613103us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-04-24mdt:subsidiary0001613103us-gaap:DamagesFromProductDefectsMembermdt:PelvicMeshLitigationMember2019-04-272020-04-24mdt:manufacturer0001613103us-gaap:DamagesFromProductDefectsMembermdt:PelvicMeshLitigationMember2015-04-252016-04-29mdt:claim0001613103us-gaap:DamagesFromProductDefectsMembermdt:PelvicMeshLitigationMember2017-05-012017-05-310001613103us-gaap:DamagesFromProductDefectsMembermdt:PelvicMeshLitigationMember2020-04-240001613103us-gaap:DamagesFromProductDefectsMemberus-gaap:SubsequentEventMembermdt:PelvicMeshLitigationMember2020-06-032020-06-03mdt:patent0001613103mdt:EthiconPatentInfringementLitigationMember2011-12-142011-12-140001613103mdt:SassoLitigationMember2018-11-282018-11-28mdt:landfill0001613103mdt:OrringtonMaineChemicalManufacturingFacilityMember2019-04-272020-04-240001613103mdt:CovidienPLCMember2007-06-292007-06-2900016131032019-04-272019-07-2600016131032019-07-272019-10-2500016131032019-10-262020-01-2400016131032020-01-252020-04-2400016131032018-04-282018-07-2700016131032018-07-282018-10-2600016131032018-10-272019-01-2500016131032019-01-262019-04-26mdt:segment0001613103us-gaap:OperatingSegmentsMembermdt:CardiacAndVascularGroupMember2019-04-272020-04-240001613103us-gaap:OperatingSegmentsMembermdt:CardiacAndVascularGroupMember2018-04-282019-04-260001613103us-gaap:OperatingSegmentsMembermdt:CardiacAndVascularGroupMember2017-04-292018-04-270001613103mdt:MinimallyInvasiveTherapiesGroupMemberus-gaap:OperatingSegmentsMember2019-04-272020-04-240001613103mdt:MinimallyInvasiveTherapiesGroupMemberus-gaap:OperatingSegmentsMember2018-04-282019-04-260001613103mdt:MinimallyInvasiveTherapiesGroupMemberus-gaap:OperatingSegmentsMember2017-04-292018-04-270001613103mdt:RestorativeTherapiesGroupMemberus-gaap:OperatingSegmentsMember2019-04-272020-04-240001613103mdt:RestorativeTherapiesGroupMemberus-gaap:OperatingSegmentsMember2018-04-282019-04-260001613103mdt:RestorativeTherapiesGroupMemberus-gaap:OperatingSegmentsMember2017-04-292018-04-270001613103mdt:DiabetesGroupMemberus-gaap:OperatingSegmentsMember2019-04-272020-04-240001613103mdt:DiabetesGroupMemberus-gaap:OperatingSegmentsMember2018-04-282019-04-260001613103mdt:DiabetesGroupMemberus-gaap:OperatingSegmentsMember2017-04-292018-04-270001613103us-gaap:OperatingSegmentsMember2019-04-272020-04-240001613103us-gaap:OperatingSegmentsMember2018-04-282019-04-260001613103us-gaap:OperatingSegmentsMember2017-04-292018-04-270001613103us-gaap:MaterialReconcilingItemsMember2019-04-272020-04-240001613103us-gaap:MaterialReconcilingItemsMember2018-04-282019-04-260001613103us-gaap:MaterialReconcilingItemsMember2017-04-292018-04-270001613103us-gaap:OperatingSegmentsMembermdt:CardiacAndVascularGroupMember2020-04-240001613103us-gaap:OperatingSegmentsMembermdt:CardiacAndVascularGroupMember2019-04-260001613103mdt:MinimallyInvasiveTherapiesGroupMemberus-gaap:OperatingSegmentsMember2020-04-240001613103mdt:MinimallyInvasiveTherapiesGroupMemberus-gaap:OperatingSegmentsMember2019-04-260001613103mdt:RestorativeTherapiesGroupMemberus-gaap:OperatingSegmentsMember2020-04-240001613103mdt:RestorativeTherapiesGroupMemberus-gaap:OperatingSegmentsMember2019-04-260001613103mdt:DiabetesGroupMemberus-gaap:OperatingSegmentsMember2020-04-240001613103mdt:DiabetesGroupMemberus-gaap:OperatingSegmentsMember2019-04-260001613103us-gaap:OperatingSegmentsMember2020-04-240001613103us-gaap:OperatingSegmentsMember2019-04-260001613103us-gaap:CorporateNonSegmentMember2020-04-240001613103us-gaap:CorporateNonSegmentMember2019-04-260001613103us-gaap:CorporateNonSegmentMember2019-04-272020-04-240001613103us-gaap:CorporateNonSegmentMember2018-04-282019-04-260001613103us-gaap:CorporateNonSegmentMember2017-04-292018-04-270001613103country:IE2019-04-272020-04-240001613103country:IE2018-04-282019-04-260001613103country:IE2017-04-292018-04-270001613103country:IE2020-04-240001613103country:IE2019-04-260001613103country:US2020-04-240001613103country:US2019-04-260001613103mdt:TotalOtherCountriesExcludingUnitedStatesandIrelandMember2019-04-272020-04-240001613103mdt:TotalOtherCountriesExcludingUnitedStatesandIrelandMember2018-04-282019-04-260001613103mdt:TotalOtherCountriesExcludingUnitedStatesandIrelandMember2017-04-292018-04-270001613103mdt:TotalOtherCountriesExcludingUnitedStatesandIrelandMember2020-04-240001613103mdt:TotalOtherCountriesExcludingUnitedStatesandIrelandMember2019-04-260001613103mdt:TotalOtherCountriesExcludingIrelandMember2019-04-272020-04-240001613103mdt:TotalOtherCountriesExcludingIrelandMember2018-04-282019-04-260001613103mdt:TotalOtherCountriesExcludingIrelandMember2017-04-292018-04-270001613103mdt:TotalOtherCountriesExcludingIrelandMember2020-04-240001613103mdt:TotalOtherCountriesExcludingIrelandMember2019-04-26

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

☒			Annual report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934. For the fiscal year ended April 24, 2020.
☐			Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the transition period from __________ to __________

Commission File No. 1-36820

®

MEDTRONIC PUBLIC LIMITED COMPANY

(Exact name of registrant as specified in its charter)

Ireland						98-1183488
(State or other jurisdiction of incorporation or organization)						(I.R.S. Employer Identification No.)

20 On Hatch, Lower Hatch Street

Dublin 2, Ireland

(Address of principal executive offices)

+353 1 438-1700

(Registrant's telephone number, including area code)

Securities registered pursuant to section 12(g) of the Act:

None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Exchange Act. Yes ☐  No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒  No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒  No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definition of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. Yes ☒  No ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐  No ☒

Aggregate market value of voting and non-voting common equity of Medtronic plc held by non-affiliates of the registrant as of October 25, 2019, based on the closing price of $105.44 as reported on the New York Stock Exchange: approximately $141.3 billion. Number of Ordinary Shares outstanding on June 17, 2020: 1,341,298,882

DOCUMENTS INCORPORATED BY REFERENCE

Portions of the registrant’s Proxy Statement for its 2020 Annual General Meeting are incorporated by reference into Part III hereof.

TABLE OF CONTENTS

Item						Description						Page
						PART I
1.						Business						3
1A.						Risk Factors						14
1B.						Unresolved Staff Comments						26
2.						Properties						27
3.						Legal Proceedings						27
4.						Mine Safety Disclosures						27
						PART II
5.						Market for Medtronic’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities						28
6.						Selected Financial Data						31
7.						Management’s Discussion and Analysis of Financial Condition and Results of Operations						32
7A.						Quantitative and Qualitative Disclosures About Market Risk						56
8.						Financial Statements and Supplementary Data						57
9.						Changes in and Disagreements with Accountants on Accounting and Financial Disclosure						117
9A.						Controls and Procedures						117
9B.						Other Information						117
						PART III
10.						Directors, Executive Officers, and Corporate Governance						118
11.						Executive Compensation						120
12.						Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters						120
13.						Certain Relationships and Related Transactions, and Director Independence						120
14.						Principal Accounting Fees and Services						120
						PART IV
15.						Exhibits and Financial Statement Schedules						121
16.						Form 10-K Summary						128
						Signatures						129

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K, and other written reports of Medtronic public limited company, organized under the laws of Ireland (together with its consolidated subsidiaries, Medtronic, the Company, or we, us, or our), and oral statements made by or with the approval of one of the Company’s executive officers from time to time, may include “forward-looking” statements. All statements other than statements of historical fact contained in this Annual Report on Form 10-K, including statements regarding our future results of operations and financial position, business strategy and plans, objectives of management for future operations and current expectations or forecasts of future results, are forward-looking statements. These statements involve known and unknown risks, uncertainties, and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Our forward-looking statements may include statements related to our growth and growth strategies, developments in the markets for our products, therapies and services, financial results, product development launches and effectiveness, research and development strategy, regulatory approvals, competitive strengths, the potential or anticipated direct or indirect impact of COVID-19 on our business, results of operations and/or financial condition, restructuring and cost-saving initiatives, intellectual property rights, litigation and tax matters, governmental proceedings and investigations, mergers and acquisitions, divestitures, market acceptance of our products, therapies and services, accounting estimates, financing activities, ongoing contractual obligations, working capital adequacy, value of our investments, our effective tax rate, our expected returns to shareholders, and sales efforts. In some cases, such statements may be identified by the use of terminology such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “intend,” “looking ahead,” “may,” “plan,” “possible,” “potential,” “project,” “should,” “will,” and similar words or expressions. Forward-looking statements in this Annual Report include, but are not limited to, statements regarding our ability to drive long-term shareholder value, development and future launches of products and continued or future acceptance of products, therapies and services in our segments; expected timing for completion of research studies relating to our products; market positioning and performance of our products, including stabilization of certain product markets; divestitures and the potential benefits thereof; the costs and benefits of integrating previous acquisitions; anticipated timing for United States (U.S.) Food and Drug Administration (U.S. FDA) and non-U.S. regulatory approval of new products; increased presence in new markets, including markets outside the U.S.; changes in the market and our market share; acquisitions and investment initiatives, as well as integration of acquired companies into our operations; the resolution of tax matters; the effectiveness of our development activities in reducing patient care costs and hospital stay lengths; our approach towards cost containment; our expectations regarding healthcare costs, including potential changes to reimbursement policies and pricing pressures; our expectations regarding changes to patient standards of care; our ability to identify and maintain successful business partnerships; the elimination of certain positions or costs related to restructuring initiatives; outcomes in our litigation matters and governmental proceedings and investigations; general economic conditions; the adequacy of available working capital and our working capital needs; our payment of dividends and redemption of shares; the continued strength of our balance sheet and liquidity; our accounts receivable exposure; and the potential impact of our compliance with governmental regulations and accounting guidance.

We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, results of operations and cash flows. These forward-looking statements speak only as of the date of this Annual Report on Form 10-K and are subject to a number of risks, uncertainties and assumptions described in the “Risk Factors” section and elsewhere in this Annual Report on Form 10-K. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on these forward-looking statements as predictions of future events. One must carefully consider forward-looking statements and understand that such forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and involve a variety of risks and uncertainties, known and unknown, including, among others, those discussed in the sections entitled “Government Regulation and Other Considerations” within “Item 1. Business” and “Item 1A. Risk Factors” in this Annual Report on Form 10-K, as well as those related to:

•the COVID-19 pandemic and the actions of businesses, communities and governments in response;

•competition in the medical device industry;

•reduction or interruption in our supply;

•laws and governmental regulations;

•quality problems;

•liquidity shortfalls;

•decreasing prices and pricing pressure;

•fluctuations in currency exchange rates;

•changes in applicable tax rates;

•positions taken by taxing authorities;

•adverse regulatory action;

•delays in regulatory approvals;

•litigation results;

•self-insurance;

•commercial insurance;

•healthcare policy changes;

•international operations;

•cybersecurity incidents;

•failure to complete or achieve the intended benefits of acquisitions or divestitures; or

•disruption of our current plans and operations.

Consequently, no forward-looking statement may be guaranteed and actual results may vary materially from those projected in the forward-looking statements. We intend to take advantage of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 regarding our forward-looking statements, and are including this sentence for the express purpose of enabling us to use the protections of the safe harbor with respect to all forward-looking statements. While we may elect to update these forward-looking statements at some point in the future, whether as a result of any new information, future events, or otherwise, we have no current intention of doing so except to the extent required by applicable law.