Segment and Geographic Information (Tables)

6 Months Ended

Oct. 25, 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				Six months ended
(in millions)	October 25, 2013		October 26, 2012		October 25, 2013		October 26, 2012
Cardiac and Vascular Group	$	2,199	$	2,137	$	4,359	$	4,252
Restorative Therapies Group	1,602		1,580		3,156		3,109
Diabetes Group	393		378		762		742
Total Net Sales	$	4,194	$	4,095	$	8,277	$	8,103

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

	Three months ended						Six months ended
(in millions)	October 25, 2013			October 26, 2012			October 25, 2013			October 26, 2012
Cardiac and Vascular Group	$	758		$	668		$	1,514		$	1,406
Restorative Therapies Group	443			444			864			843
Diabetes Group	107			109			182			199
Total Reportable Segments’ Earnings Before Income Taxes	1,308			1,221			2,560			2,448
Special charges	—			—			(40		)	—
Restructuring charges	—			—			(18		)	—
Certain litigation charges, net	(24		)	(245		)	(24		)	(245		)
Acquisition-related items	—			(6		)	96			(11		)
Interest expense, net	(33		)	(24		)	(73		)	(57		)
Corporate	(135		)	(92		)	(232		)	(193		)
Earnings Before Income Taxes	$	1,116		$	854		$	2,269		$	1,942

Reconciliation of Net Assets from Segments to Consolidated

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

(in millions)	October 25, 2013			April 26, 2013
Cardiac and Vascular Group	$	7,447		$	6,941
Restorative Therapies Group	10,031			10,058
Diabetes Group	1,807			1,857
Total Net Assets of Reportable Segments	19,285			18,856
Short-term borrowings	(2,647		)	(910		)
Long-term debt	(9,637		)	(9,741		)
Corporate	11,743			10,466
Total Net Assets	$	18,744		$	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				Six months ended
(in millions)	October 25, 2013		October 26, 2012		October 25, 2013		October 26, 2012
United States	$	2,327	$	2,289	$	4,523	$	4,516
Europe and Canada	1,035		970		2,081		1,978
Asia-Pacific	632		655		1,288		1,266
Other Foreign	200		181		385		343
Total Net Sales	$	4,194	$	4,095	$	8,277	$	8,103