-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WEqdDMDDX3AuoLelo0W+1T6rbqcDRJOqbK9U+bxvhtnTtkEpzQDMIV6AYGsE1j5a
 mLRzwqwgT0o7Yg7n/NN/BQ==

<SEC-DOCUMENT>0000064670-03-000095.txt : 20031014
<SEC-HEADER>0000064670-03-000095.hdr.sgml : 20031013
<ACCEPTANCE-DATETIME>20031014102657
ACCESSION NUMBER:		0000064670-03-000095
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030910
FILED AS OF DATE:		20031014

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:			BRODY WILLIAM R MD PHD
		CENTRAL INDEX KEY:			0001145157

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07707
		FILM NUMBER:		03938166

	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>c0001145157d20031013f4f.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-09-10</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000064670</issuerCik><issuerName>MEDTRONIC INC</issuerName>        <issuerTradingSymbol>MDT</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001145157</rptOwnerCik><rptOwnerName>BRODY WILLIAM R MD PHD</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>THE JOHNS HOPKINS UNIVERSITY</rptOwnerStreet1><rptOwnerStreet2>3400 N CHARLES, 242 GARLAND HL</rptOwnerStreet2><rptOwnerCity>BALTIMORE</rptOwnerCity><rptOwnerState>MD</rptOwnerState><rptOwnerZipCode>21218</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle></officerTitle><otherText></otherText></reportingOwnerRelationship></
reportingOwner><nonDerivativeTable><nonDerivativeHolding><securityTitle><value>Common Stock</value></securityTitle><postTransactionAmounts><sharesOwnedFollowingTransaction><value>6000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></nonDerivativeHolding><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-09-10</value></transactionDate><deemedExecutionDate></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionTimeliness><value></value></transactionTimeliness><transactionAmounts><transactionShares><value>181</value></transactionShares><transactionPricePerShare><value>0</value><footnoteId id="F1"/></transactionPricePerShare><transactionA
cquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>5113</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>Brody Family Trust</value></natureOfOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeHolding><securityTitle><value>Deferred Stock Units</value></securityTitle><postTransactionAmounts><sharesOwnedFollowingTransaction><value>4301.514</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></nonDerivativeHolding></nonDerivativeTable><derivativeTable></derivativeTable><footnotes><footnote id="F1">Shares were received in exchange for shares of TransVascular, Inc. ("TVI") stock due to acquisiti
on of TVI by Medtronic.  On the acquisition date, the closing price of Medtronic common stock was $48.45 per share.</footnote></footnotes><ownerSignature><signatureName>Carol E. Malkinson, Attorney-in-fact</signatureName><signatureDate>2003-10-13</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----