Derivatives and Foreign Exchange Risk Management (Tables)

6 Months Ended

Oct. 28, 2011

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Amount of gains/(losses) and location of the gains/(losses) in the condensed consolidated statements of earnings related to derivative instruments not designated as hedging instruments

(in millions)		Three months ended
Derivatives Not Designated as Hedging Instruments	Location	October 28, 2011		October 29, 2010
Foreign currency exchange rate contracts	Other expense	$	37	$	(42)
(in millions)		Six months ended
Derivatives Not Designated as Hedging Instruments	Location	October 28, 2011		October 29, 2010
Foreign currency exchange rate contracts	Other expense	$	20	$	(21)

Amount of gains/(losses) and location of the gains/(losses) in the condensed consolidated statements of earnings and other comprehensive income related to derivative instruments designated as cash flow hedges

Three months ended
October 28, 2011
(in millions)	Gross Gains/(Losses) Recognized in OCI on Effective Portion of Derivative		Effective Portion of Gains/(Losses) on Derivative Reclassified from Accumulated Other Comprehensive Loss into Income
Derivatives in Cash Flow Hedging Relationships		Amount	Location		Amount
Foreign currency exchange rate contracts	$	111	Other expense	$	(55)
			Cost of products sold		7
Total	$	111		$	(48)
Three months ended
October 29, 2010
(in millions)	Gross Gains/(Losses) Recognized in OCI on Effective Portion of Derivative		Effective Portion of Gains/(Losses) on Derivative Reclassified from Accumulated Other Comprehensive Loss into Income
Derivatives in Cash Flow Hedging Relationships		Amount	Location		Amount
Foreign currency exchange rate contracts	$	(261)	Other income	$	16
			Cost of products sold		6
Total	$	(261)		$	22
Six months ended
October 28, 2011
(in millions)	Gross Gains/(Losses) Recognized in OCI on Effective Portion of Derivative		Effective Portion of Gains/(Losses) on Derivative Reclassified from Accumulated Other Comprehensive Loss into Income
Derivatives in Cash Flow Hedging Relationships		Amount	Location		Amount
Foreign currency exchange rate contracts	$	131	Other expense	$	(109)
			Cost of products sold		15
Total	$	131		$	(94)
Six months ended
October 29, 2010
(in millions)	Gross Gains/(Losses) Recognized in OCI on Effective Portion of Derivative		Effective Portion of Gains/(Losses) on Derivative Reclassified from Accumulated Other Comprehensive Loss into Income
Derivatives in Cash Flow Hedging Relationships		Amount	Location		Amount
Foreign currency exchange rate contracts	$	(336)	Other income	$	70
			Cost of products sold		5
Total	$	(336)		$	75

Location and fair value amounts of derivatives instruments reported in the condensed consolidated balance sheets

October 28, 2011
	Asset Derivatives			Liability Derivatives
(in millions)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Foreign currency exchange rate contracts	Prepaid expenses and other current assets	$	34	Other accrued expenses	$	140
Interest rate contracts	Other assets		136	Other long-term liabilities		10
Foreign currency exchange rate contracts	Other assets		7	Other long-term liabilities		38
Total derivatives designated as hedging instruments		$	177		$	188
Derivatives not designated as hedging instruments
Foreign currency exchange rate contracts	Prepaid expenses and other current assets	$	-	Other accrued expenses	$	2
Total derivatives not designated as hedging instruments		$	0		$	2
Total derivatives		$	177		$	190
April 29, 2011
	Asset Derivatives			Liability Derivatives
(in millions)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Foreign currency exchange rate contracts	Prepaid expenses and other current assets	$	19	Other accrued expenses	$	235
Interest rate contracts	Other assets		109
Foreign currency exchange rate contracts	Other assets		1	Other long-term liabilities		64
Total derivatives designated as hedging instruments		$	129		$	299
Derivatives not designated as hedging instruments
Foreign currency exchange rate contracts	Prepaid expenses and other current assets	$	1	Other accrued expenses	$	4
Total derivatives not designated as hedging instruments		$	1		$	4
Total derivatives		$	130		$	303