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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 FnwvnBU9eiw2cZqxtYCXIHvmvdpsTFfRQjEYJpOZbp06QEUV77jZ+GAvkzy46Cau
 MpzxRxuc3DE2GdOl4EV9TA==

<SEC-DOCUMENT>0000064670-03-000047.txt : 20030624
<SEC-HEADER>0000064670-03-000047.hdr.sgml : 20030624
<ACCEPTANCE-DATETIME>20030624123911
ACCESSION NUMBER:		0000064670-03-000047
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030620
FILED AS OF DATE:		20030624

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MEDTRONIC INC
		CENTRAL INDEX KEY:			0000064670
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
		IRS NUMBER:				410793183
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0430

	BUSINESS ADDRESS:	
		STREET 1:		710 MEDTRONIC PKWY
		STREET 2:		MS LC300
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55432
		BUSINESS PHONE:		7635144000

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DEMANE MICHAEL F
		CENTRAL INDEX KEY:			0001174533

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07707
		FILM NUMBER:		03754642

	BUSINESS ADDRESS:	
		STREET 1:		MEDTRONIC INC
		STREET 2:		710 MEDTRONIC PKWY, MS LC310
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55432-5604
		BUSINESS PHONE:		7635144000

	MAIL ADDRESS:	
		STREET 1:		MEDTRONIC INC
		STREET 2:		710 MEDTRONIC PKWY, MS LC310
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55432-5604
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>c0001174533d20030624f4f.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
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<ownershipDocument><schemaVersion>X0101</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-06-20</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000064670</issuerCik><issuerName>MEDTRONIC INC</issuerName>        <issuerTradingSymbol>MDT</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001174533</rptOwnerCik><rptOwnerName>DEMANE MICHAEL F</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>  </rptOwnerStreet1><rptOwnerStreet2>  </rptOwnerStreet2><rptOwnerCity>  </rptOwnerCity><rptOwnerState>  </rptOwnerState><rptOwnerZipCode>  </rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Sr VP &amp; Pres, Spinal, ENT, SNT</officerTitle><otherText></otherText></reportingOwnerRelationship></reportingOwner><nonDerivativeSecurity><securityTitle><value>Deferred Stock Units</value><
/securityTitle><transactionDate><value>2003-06-20</value></transactionDate><transactionCoding><transactionFormType>5</transactionFormType><transactionCode>J</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F1"/></transactionCoding><transactionTimeliness><value></value></transactionTimeliness><transactionAmounts><transactionShares><value>715.556</value></transactionShares><transactionValue><value>0</value></transactionValue><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>968.181</value><footnoteId id="F2"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></nonDerivativeSecurity><derivativeSecurity><securityTitle><value>Right to Receive Stock</value></securityTitle><conversionOrExercisePrice><value>0
</value></conversionOrExercisePrice><transactionDate><value>2003-06-20</value></transactionDate><transactionCoding><transactionFormType>5</transactionFormType><transactionCode>J</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F1"/></transactionCoding><transactionAmounts><transactionShares><value>715.556</value></transactionShares><transactionValue><value>0</value></transactionValue><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>1988-08-08</value></exerciseDate><expirationDate><value>1988-08-08</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>715.556</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directO
rIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></derivativeSecurity><footnotes><footnote id="F1">The Company has changed its method for reporting deferred units which may be settled only in stock.  All deferred units previously reported on Table II are now on Table I.  These units are payable on or after retirement.</footnote><footnote id="F2">The officer also directly holds 30,869.225 shares as of 6/3/03 and 811.929 by ESOP as of 5/28/03.</footnote></footnotes><ownerSignature><signatureName>Carol E. Malkinson</signatureName><signatureDate>2003-06-24</signatureDate></ownerSignature></ownershipDocument>

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