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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 GQpGxEvD5kNnRqY7UZa/H9KPgXKoYyScp4/FN3Fqo61yHLz10mXJLp44lUFxrbTD
 Xdz1jTD+vrVdNG+Fv7yttg==

<SEC-DOCUMENT>0000064670-03-000075.txt : 20030902
<SEC-HEADER>0000064670-03-000075.hdr.sgml : 20030901
<ACCEPTANCE-DATETIME>20030902181323
ACCESSION NUMBER:		0000064670-03-000075
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030828
FILED AS OF DATE:		20030902

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:			FIOLA JANET S
		CENTRAL INDEX KEY:			0001145148

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07707
		FILM NUMBER:		03877177

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

	MAIL ADDRESS:	
		STREET 1:		MEDTRONIC INC
		STREET 2:		710 MEDTRONIC INC, MS LC310
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55432-5604
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>c0001145148d20030902f4f.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-08-28</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000064670</issuerCik><issuerName>MEDTRONIC INC</issuerName>        <issuerTradingSymbol>MDT</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001145148</rptOwnerCik><rptOwnerName>FIOLA JANET S</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>MEDTRONIC, INC.</rptOwnerStreet1><rptOwnerStreet2>710 MEDTRONIC PARKWAY</rptOwnerStreet2><rptOwnerCity>MINNEAPOLIS</rptOwnerCity><rptOwnerState>MN</rptOwnerState><rptOwnerZipCode>55432-5604</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Sr VP, Human Resources</officerTitle><otherText></otherText></reportingOwnerRelationship></re
portingOwner><nonDerivativeTable><nonDerivativeHolding><securityTitle><value>Common Stock</value></securityTitle><postTransactionAmounts><sharesOwnedFollowingTransaction><value>95020.271</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></nonDerivativeHolding><nonDerivativeHolding><securityTitle><value>Common Stock</value></securityTitle><postTransactionAmounts><sharesOwnedFollowingTransaction><value>7730.619</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>By ESOP</value></natureOfOwnership></ownershipNature></nonDerivativeHolding><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-28</value></transactionDate><deemedExecutionDate></deemedExecu
tionDate><transactionCoding><transactionFormType>5</transactionFormType><transactionCode>G</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionTimeliness><value></value></transactionTimeliness><transactionAmounts><transactionShares><value>200</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>35032</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>By Husband</value></natureOfOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-28</value></transactionDate><deemedExecutionDate></deemedExecutionDate><transactionCoding><t
ransactionFormType>5</transactionFormType><transactionCode>G</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionTimeliness><value></value></transactionTimeliness><transactionAmounts><transactionShares><value>1003</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>34029</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>By Husband</value></natureOfOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeHolding><securityTitle><value>Deferred Stock Units</value></securityTitle><postTransactionAmounts><sharesOwnedFollowingTransaction><value>2068.559</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownership
Nature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></nonDerivativeHolding></nonDerivativeTable><derivativeTable></derivativeTable><footnotes></footnotes><ownerSignature><signatureName>Carol E. Malkinson, Attorney-in-fact</signatureName><signatureDate>2003-09-02</signatureDate></ownerSignature></ownershipDocument>

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