Segment and Geographic Information (Tables)

3 Months Ended

Jul. 26, 2013

Segment Reporting [Abstract]

Reconciliation of Revenue from Segments to Consolidated

Net sales and earnings before income taxes by reportable segment are as follows:

	Three months ended
(in millions)	July 26, 2013		July 27, 2012
Cardiac and Vascular Group	$	2,160	$	2,115
Restorative Therapies Group	1,554		1,529
Diabetes Group	369		364
Total Net Sales	$	4,083	$	4,008

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

	Three months ended
(in millions)	July 26, 2013			July 27, 2012
Cardiac and Vascular Group	$	756		$	738
Restorative Therapies Group	421			399
Diabetes Group	75			90
Total Reportable Segments’ Earnings Before Income Taxes	1,252			1,227
Special charges	(40		)	—
Restructuring charges	(18		)	—
Acquisition-related items	96			(5		)
Interest expense, net	(40		)	(33		)
Corporate	(97		)	(101		)
Earnings Before Income Taxes	$	1,153		$	1,088

Reconciliation of Net Assets from Segments to Consolidated

The following table presents the Company’s net assets by reportable segment:

(in millions)	July 26, 2013			April 26, 2013
Cardiac and Vascular Group	$	7,245		$	6,941
Restorative Therapies Group	10,068			10,058
Diabetes Group	1,846			1,857
Total Net Assets of Reportable Segments	19,159			18,856
Short-term borrowings	(1,543		)	(910		)
Long-term debt	(9,637		)	(9,741		)
Corporate	10,540			10,466
Total Net Assets	$	18,519		$	18,671

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

Net sales to external customers by geography are as follows:

	Three months ended
(in millions)	July 26, 2013		July 27, 2012
United States	$	2,196	$	2,227
Europe and Canada	1,046		1,009
Asia-Pacific	656		611
Other Foreign	185		161
Total Net Sales	$	4,083	$	4,008