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Certain Litigation Charges, Net
6 Months Ended
Oct. 28, 2011
Certain Litigation Charges Note [Abstract]  
Certain Litigation Charges, Net

Note 4 – Certain Litigation Charges, Net

 

The Company classifies material litigation reserves and gains recognized as certain litigation charges, net. During the three and six months ended October 28, 2011, there were no certain litigation charges, net.

 

During the three months ended October 29, 2010, the Company recorded certain litigation charges, net of $279 million related primarily to a settlement involving the Sprint Fidelis family of defibrillation leads and an accounting charge for Other Matters litigation. The Sprint Fidelis settlement related to the resolution of certain outstanding product liability litigation related to the Sprint Fidelis family of defibrillation leads that were subject to a field action announced October 15, 2007. The parties subsequently reached an adjusted settlement agreement to pay a total of $221 million to resolve over 14,000 filed and unfiled claims. See Note 19 for additional information.

 

During the first quarter of fiscal year 2011, there were no certain litigation charges, net.