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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0000064670-03-000048.txt : 20030624
<SEC-HEADER>0000064670-03-000048.hdr.sgml : 20030624
<ACCEPTANCE-DATETIME>20030624124024
ACCESSION NUMBER:		0000064670-03-000048
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:			BALAGNA JEFFREY A
		CENTRAL INDEX KEY:			0001145145

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07707
		FILM NUMBER:		03754647

	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>c0001145145d20030624f4f.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>0001145145</rptOwnerCik><rptOwnerName>BALAGNA JEFFREY A</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; Chief Info Officer</officerTitle><otherText></otherText></reportingOwnerRelationship></reportingOwner><nonDerivativeSecurity><securityTitle><value>Deferred Stock Units</value></se
curityTitle><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>70.519</value></transactionShares><transactionValue><value>0</value></transactionValue><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>218.391</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</va
lue></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>70.519</value></transactionShares><transactionValue><value>0</value></transactionValue><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2002-04-26</value></exerciseDate><expirationDate><value>2002-04-26</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>70.519</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndir
ectOwnership><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 21,089 shares, plus 175.35 shares by 401(k) and 223.335 shares by ESOP as of 4/24/03.</footnote></footnotes><ownerSignature><signatureName>Carol E. Malkinson</signatureName><signatureDate>2003-06-24</signatureDate></ownerSignature></ownershipDocument>

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